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      BEAR
        STEARNS ASSET BACKED SECURITIES I LLC

       

      Depositor,

       

      EMC
        MORTGAGE CORPORATION

       

      Seller
        and Master Servicer

       

      and

       

      LASALLE
        BANK NATIONAL ASSOCIATION

       

      Trustee

       

      ____________________

       

      POOLING
        AND SERVICING AGREEMENT

       

      Dated
        as
        of August 1, 2006

       

      ________________________________________

       

      BEAR
        STEARNS ASSET BACKED SECURITIES I TRUST 2006-HE7

       

      ASSET-BACKED
        CERTIFICATES, SERIES 2006-HE7

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      TABLE
        OF
        CONTENTS

      

      
        	
                ARTICLE
                  I

              
	
                DEFINITIONS

              
	
                Section
                  1.01

              	
                Defined
                  Terms.

              
	
                Section
                  1.02

              	
                Allocation
                  of Certain Interest Shortfalls.

              
	 	 
	
                ARTICLE
                  II

              
	
                CONVEYANCE
                  OF TRUST FUND

              
	
                Section
                  2.01

              	
                Conveyance
                  of Trust Fund.

              
	
                Section
                  2.02

              	
                Acceptance
                  of the Mortgage Loans.

              
	
                Section
                  2.03

              	
                Representations,
                  Warranties and Covenants of the Master Servicer and The
                  Seller.

              
	
                Section
                  2.04

              	
                Representations
                  and Warranties of the Depositor.

              
	
                Section
                  2.05

              	
                Delivery
                  of Opinion of Counsel in Connection with Substitutions and
                  Repurchases.

              
	
                Section
                  2.06

              	
                Countersignature
                  and Delivery of Certificates.

              
	
                Section
                  2.07

              	
                Purposes
                  and Powers of the Trust.

              
	 	 
	
                ARTICLE
                  III

              
	
                ADMINISTRATION
                  AND SERVICING OF THE MORTGAGE LOANS

              
	
                Section
                  3.01

              	
                The
                  Master Servicer to act as Master Servicer.

              
	
                Section
                  3.02

              	
                Due-on-Sale
                  Clauses; Assumption Agreements.

              
	
                Section
                  3.03

              	
                Subservicers.

              
	
                Section
                  3.04

              	
                Documents,
                  Records and Funds in Possession of the Master Servicer To Be Held
                  for
                  Trustee.

              
	
                Section
                  3.05

              	
                Maintenance
                  of Hazard Insurance.

              
	
                Section
                  3.06

              	
                Presentment
                  of Claims and Collection of Proceeds.

              
	
                Section
                  3.07

              	
                Maintenance
                  of the Primary Mortgage Insurance Policies.

              
	
                Section
                  3.08

              	
                Fidelity
                  Bond, Errors and Omissions Insurance.

              
	
                Section
                  3.09

              	
                Realization
                  Upon Defaulted Mortgage Loans; Determination of Excess Liquidation
                  Proceeds and Realized Losses; Repurchases of Certain Mortgage
                  Loans.

              
	
                Section
                  3.10

              	
                Servicing
                  Compensation.

              
	
                Section
                  3.11

              	
                REO
                  Property.

              
	
                Section
                  3.12

              	
                Liquidation
                  Reports.

              
	
                Section
                  3.13

              	
                Annual
                  Statement as to Compliance.

              
	
                Section
                  3.14

              	
                Assessments
                  of Compliance and Attestation Reports.

              
	
                Section
                  3.15

              	
                Books
                  and Records.

              
	
                Section
                  3.16

              	
                Reports
                  Filed with Securities and Exchange Commission.

              
	
                Section
                  3.17

              	
                Intention
                  of the Parties and Interpretation.

              
	
                Section
                  3.18

              	
                UCC.

              
	
                Section
                  3.19

              	
                Optional
                  Purchase of Certain Mortgage Loans.

              
	
                Section
                  3.20

              	
                Obligations
                  of the Master Servicer in Respect of Mortgage Rates and Scheduled
                  Payments.

              
	
                Section
                  3.21

              	
                Group
                  I Reserve Fund; Payments to and from Swap Administrator; Group
                  I
                  Supplemental Interest Trust.

              
	
                Section
                  3.22

              	
                Group
                  II Reserve Fund; Payments to and from Swap Administrator; Group
                  II
                  Supplemental Interest Trust.

              
	
                Section
                  3.23

              	
                Tax
                  Treatment of Class IO Distribution Amounts in the Event of
                  Resecuritization of Class A Certificates or Class M
                  Certificates.

              
	
                Section
                  3.24

              	
                Advancing
                  Facility.

              
	 	 
	
                ARTICLE
                  IV

              
	
                ACCOUNTS

              
	
                Section
                  4.01

              	
                Collection
                  of Mortgage Loan Payments; Protected Account.

              
	
                Section
                  4.02

              	
                Permitted
                  Withdrawals From the Protected Account.

              
	
                Section
                  4.03

              	
                Collection
                  of Taxes; Assessments and Similar Items; Escrow
                  Accounts.

              
	
                Section
                  4.04

              	
                Distribution
                  Account.

              
	
                Section
                  4.05

              	
                Permitted
                  Withdrawals and Transfers from the Distribution
                  Account.

              
	
                Section
                  4.06

              	
                Class
                  I-P Certificate Account.

              
	
                Section
                  4.07

              	
                Class
                  II-P Certificate Account.

              
	 	 
	
                ARTICLE
                  V

              
	
                DISTRIBUTIONS
                  AND ADVANCES

              
	
                Section
                  5.01

              	
                Advances.

              
	
                Section
                  5.02

              	
                Compensating
                  Interest Payments.

              
	
                Section
                  5.03

              	
                REMIC
                  Distributions.

              
	
                Section
                  5.04

              	
                Distributions.

              
	
                Section
                  5.05

              	
                Allocation
                  of Realized Losses.

              
	
                Section
                  5.06

              	
                Monthly
                  Statements to Certificateholders.

              
	
                Section
                  5.07

              	
                REMIC
                  Designations and REMIC Distributions.

              
	 	 
	
                ARTICLE
                  VI

              
	
                THE
                  CERTIFICATES

              
	
                Section
                  6.01

              	
                The
                  Certificates.

              
	
                Section
                  6.02

              	
                Certificate
                  Register; Registration of Transfer and Exchange of
                  Certificates.

              
	
                Section
                  6.03

              	
                Mutilated,
                  Destroyed, Lost or Stolen Certificates.

              
	
                Section
                  6.04

              	
                Persons
                  Deemed Owners.

              
	
                Section
                  6.05

              	
                Access
                  to List of Certificateholders’ Names and Addresses.

              
	
                Section
                  6.06

              	
                Book-Entry
                  Certificates.

              
	
                Section
                  6.07

              	
                Notices
                  to Depository.

              
	
                Section
                  6.08

              	
                Definitive
                  Certificates.

              
	
                Section
                  6.09

              	
                Maintenance
                  of Office or Agency.

              
	 	 
	
                ARTICLE
                  VII

              
	
                THE
                  DEPOSITOR AND THE MASTER SERVICER

              
	
                Section
                  7.01

              	
                Liabilities
                  of the Depositor and the Master Servicer.

              
	
                Section
                  7.02

              	
                Merger
                  or Consolidation of the Depositor or the Master
                  Servicer.

              
	
                Section
                  7.03

              	
                Indemnification
                  of the Trustee and the Master Servicer.

              
	
                Section
                  7.04

              	
                Limitations
                  on Liability of the Depositor, the Master Servicer and
                  Others.

              
	
                Section
                  7.05

              	
                Master
                  Servicer Not to Resign.

              
	
                Section
                  7.06

              	
                Successor
                  Master Servicer.

              
	
                Section
                  7.07

              	
                Sale
                  and Assignment of Master Servicing.

              
	 	 
	
                ARTICLE
                  VIII

              
	
                DEFAULT;
                  TERMINATION OF MASTER SERVICER

              
	
                Section
                  8.01

              	
                Events
                  of Default.

              
	
                Section
                  8.02

              	
                Trustee
                  to Act; Appointment of Successor.

              
	
                Section
                  8.03

              	
                Notification
                  to Certificateholders.

              
	
                Section
                  8.04

              	
                Waiver
                  of Defaults.

              
	 	 
	
                ARTICLE
                  IX

              
	
                CONCERNING
                  THE TRUSTEE

              
	
                Section
                  9.01

              	
                Duties
                  of Trustee.

              
	
                Section
                  9.02

              	
                Certain
                  Matters Affecting the Trustee.

              
	
                Section
                  9.03

              	
                Trustee
                  Not Liable for Certificates or Mortgage Loans.

              
	
                Section
                  9.04

              	
                Trustee
                  May Own Certificates.

              
	
                Section
                  9.05

              	
                Trustee’s
                  Fees and Expenses.

              
	
                Section
                  9.06

              	
                Eligibility
                  Requirements for Trustee.

              
	
                Section
                  9.07

              	
                Insurance.

              
	
                Section
                  9.08

              	
                Resignation
                  and Removal of Trustee.

              
	
                Section
                  9.09

              	
                Successor
                  Trustee.

              
	
                Section
                  9.10

              	
                Merger
                  or Consolidation of Trustee.

              
	
                Section
                  9.11

              	
                Appointment
                  of Co-Trustee or Separate Trustee.

              
	
                Section
                  9.12

              	
                Tax
                  Matters.

              
	 	 
	
                ARTICLE
                  X

              
	
                TERMINATION

              
	
                Section
                  10.01

              	
                Termination
                  upon Liquidation or Repurchase of all Mortgage Loans.

              
	
                Section
                  10.02

              	
                Final
                  Distribution on the Certificates.

              
	
                Section
                  10.03

              	
                Additional
                  Termination Requirements.

              
	 	 
	
                ARTICLE
                  XI

              
	
                MISCELLANEOUS
                  PROVISIONS

              
	
                Section
                  11.01

              	
                Amendment.

              
	
                Section
                  11.02

              	
                Recordation
                  of Agreement; Counterparts.

              
	
                Section
                  11.03

              	
                Governing
                  Law.

              
	
                Section
                  11.04

              	
                Intention
                  of Parties.

              
	
                Section
                  11.05

              	
                Notices.

              
	
                Section
                  11.06

              	
                Severability
                  of Provisions.

              
	
                Section
                  11.07

              	
                Assignment.

              
	
                Section
                  11.08

              	
                Limitation
                  on Rights of Certificateholders.

              
	
                Section
                  11.09

              	
                Inspection
                  and Audit Rights.

              
	
                Section
                  11.10

              	
                Certificates
                  Nonassessable and Fully Paid.

              
	
                Section
                  11.11

              	
                Third
                  Party Rights.

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Exhibits

       

      
        	
                Exhibit
                  A-1

              	
                Form
                  of Class A Certificates

              
	
                Exhibit
                  A-2

              	
                Form
                  of Class M Certificates

              
	
                Exhibit
                  A-3

              	
                Form
                  of Class P Certificates

              
	
                Exhibit
                  A-4

              	
                Form
                  of Class CE Certificates

              
	
                Exhibit
                  A-5

              	
                Form
                  of Class R Certificates

              
	
                Exhibit
                  B

              	
                Mortgage
                  Loan Schedule

              
	
                Exhibit
                  C

              	
                Form
                  of Transfer Affidavit

              
	
                Exhibit
                  D

              	
                Form
                  of Transferor Certificate

              
	
                Exhibit
                  E

              	
                Form
                  of Investment Letter (Non-Rule 144A)

              
	
                Exhibit
                  F

              	
                Form
                  of Rule 144A and Related Matters Certificate

              
	
                Exhibit
                  G

              	
                Form
                  of Request for Release

              
	
                Exhibit
                  H

              	
                DTC
                  Letter of Representations

              
	
                Exhibit
                  I

              	
                Schedule
                  of Mortgage Loans with Lost Notes

              
	
                Exhibit
                  J

              	
                Form
                  of Custodial Agreement

              
	
                Exhibit
                  K

              	
                Form
                  of Back-Up Certification

              
	
                Exhibit
                  L

              	
                Form
                  of Mortgage Loan Purchase Agreement

              
	
                Exhibit
                  M

              	
                Group
                  I Swap Agreement

              
	
                Exhibit
                  N

              	
                Group
                  II Swap Agreement

              
	
                Exhibit
                  O

              	
                [Reserved]

              
	
                Exhibit
                  P 

              	
                Servicing
                  Criteria to Be Addressed in Assessment of Compliance

              
	
                Exhibit
                  Q

              	
                Form
                  10-D, Form 8-K and Form 10-K Reporting Responsibility

              
	
                Exhibit
                  R

              	
                Additional
                  Disclosure Notification

              

      

      

      

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      POOLING
        AND SERVICING AGREEMENT, dated as of August 1, 2006, among BEAR STEARNS ASSET
        BACKED SECURITIES I LLC, a Delaware limited liability company, as depositor
        (the
“Depositor”), EMC MORTGAGE CORPORATION, a Delaware corporation, as seller (in
        such capacity, the “Seller”) and as master servicer (in such capacity, the
“Master Servicer”), and LASALLE BANK NATIONAL ASSOCIATION, a national banking
        association, as trustee (the “Trustee”).

       

      PRELIMINARY
        STATEMENT

       

      REMIC
        I

       

      The
        Depositor is the owner of the Trust Fund that is hereby conveyed to the Trustee
        in return for the Certificates.

       

      As
        provided herein, the Trustee will elect to treat the segregated pool of assets
        consisting of the Group I Mortgage Loans and certain other related assets
        subject to this Agreement (other than the Group I Reserve Fund, any related
        Prepayment Charge Waiver Amounts and, for the avoidance of doubt, the Group
        I
        Supplemental Interest Trust, the Group I Swap Agreement, the Group I Swap
        Account and any rights or obligations in respect of the Swap Administration
        Agreement) as a REMIC (as defined herein) for federal income tax purposes,
        and
        such segregated pool of assets will be designated as “REMIC I”. The Class I-R-1
        Certificates will be the sole class of Residual Interests (as defined herein)
        in
        REMIC I for purposes of the REMIC Provisions (as defined herein). The following
        table irrevocably sets forth the designation, the Uncertificated REMIC I
        Pass-Through Rate, the initial Uncertificated Principal Balance and, for
        purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii), the
        “latest possible maturity date” for each of the REMIC I Regular Interests (as
        defined herein). None of the REMIC I Regular Interests will be
        certificated.

       

      
        	
                Designation

              	
                Uncertificated
                  REMIC I 

                Pass-Through
                  Rate

              	
                Initial
                  Uncertificated Principal Balance

              	
                Latest
                  Possible Maturity Date (1)

              
	
                I-1-A

              	
                Variable(2)

              	
                $

              	
                1,093,659.04

              	
                September
                  25, 2036

              
	
                I-1-B

              	
                Variable(2)

              	
                $

              	
                1,093,659.04

              	
                September
                  25, 2036

              
	
                I-2-A

              	
                Variable(2)

              	
                $

              	
                1,380,302.56

              	
                September
                  25, 2036

              
	
                I-2-B

              	
                Variable(2)

              	
                $

              	
                1,380,302.56

              	
                September
                  25, 2036

              
	
                I-3-A

              	
                Variable(2)

              	
                $

              	
                1,665,750.76

              	
                September
                  25, 2036

              
	
                I-3-B

              	
                Variable(2)

              	
                $

              	
                1,665,750.76

              	
                September
                  25, 2036

              
	
                I-4-A

              	
                Variable(2)

              	
                $

              	
                1,947,494.94

              	
                September
                  25, 2036

              
	
                I-4-B

              	
                Variable(2)

              	
                $

              	
                1,947,494.94

              	
                September
                  25, 2036

              
	
                I-5-A

              	
                Variable(2)

              	
                $

              	
                2,222,929.79

              	
                September
                  25, 2036

              
	
                I-5-B

              	
                Variable(2)

              	
                $

              	
                2,222,929.79

              	
                September
                  25, 2036

              
	
                I-6-A

              	
                Variable(2)

              	
                $

              	
                2,489,383.09

              	
                September
                  25, 2036

              
	
                I-6-B

              	
                Variable(2)

              	
                $

              	
                2,489,383.09

              	
                September
                  25, 2036

              
	
                I-7-A

              	
                Variable(2)

              	
                $

              	
                2,744,149.03

              	
                September
                  25, 2036

              
	
                I-7-B

              	
                Variable(2)

              	
                $

              	
                2,744,149.03

              	
                September
                  25, 2036

              
	
                I-8-A

              	
                Variable(2)

              	
                $

              	
                2,974,438.68

              	
                September
                  25, 2036

              
	
                I-8-B

              	
                Variable(2)

              	
                $

              	
                2,974,438.68

              	
                September
                  25, 2036

              
	
                I-9-A

              	
                Variable(2)

              	
                $

              	
                3,187,097.36

              	
                September
                  25, 2036

              
	
                I-9-B

              	
                Variable(2)

              	
                $

              	
                3,187,097.36

              	
                September
                  25, 2036

              
	
                I-10-A

              	
                Variable(2)

              	
                $

              	
                3,297,419.05

              	
                September
                  25, 2036

              
	
                I-10-B

              	
                Variable(2)

              	
                $

              	
                3,297,419.05

              	
                September
                  25, 2036

              
	
                I-11-A

              	
                Variable(2)

              	
                $

              	
                3,155,673.33

              	
                September
                  25, 2036

              
	
                I-11-B

              	
                Variable(2)

              	
                $

              	
                3,155,673.33

              	
                September
                  25, 2036

              
	
                I-12-A

              	
                Variable(2)

              	
                $

              	
                3,012,167.42

              	
                September
                  25, 2036

              
	
                I-12-B

              	
                Variable(2)

              	
                $

              	
                3,012,167.42

              	
                September
                  25, 2036

              
	
                I-13-A

              	
                Variable(2)

              	
                $

              	
                2,875,253.91

              	
                September
                  25, 2036

              
	
                I-13-B

              	
                Variable(2)

              	
                $

              	
                2,875,253.91

              	
                September
                  25, 2036

              
	
                I-14-A

              	
                Variable(2)

              	
                $

              	
                2,744,627.80

              	
                September
                  25, 2036

              
	
                I-14-B

              	
                Variable(2)

              	
                $

              	
                2,744,627.80

              	
                September
                  25, 2036

              
	
                I-15-A

              	
                Variable(2)

              	
                $

              	
                2,619,998.35

              	
                September
                  25, 2036

              
	
                I-15-B

              	
                Variable(2)

              	
                $

              	
                2,619,998.35

              	
                September
                  25, 2036

              
	
                I-16-A

              	
                Variable(2)

              	
                $

              	
                2,501,088.25

              	
                September
                  25, 2036

              
	
                I-16-B

              	
                Variable(2)

              	
                $

              	
                2,501,088.25

              	
                September
                  25, 2036

              
	
                I-17-A

              	
                Variable(2)

              	
                $

              	
                2,387,633.09

              	
                September
                  25, 2036

              
	
                I-17-B

              	
                Variable(2)

              	
                $

              	
                2,387,633.09

              	
                September
                  25, 2036

              
	
                I-18-A

              	
                Variable(2)

              	
                $

              	
                2,279,380.79

              	
                September
                  25, 2036

              
	
                I-18-B

              	
                Variable(2)

              	
                $

              	
                2,279,380.79

              	
                September
                  25, 2036

              
	
                I-19-A

              	
                Variable(2)

              	
                $

              	
                2,176,090.92

              	
                September
                  25, 2036

              
	
                I-19-B

              	
                Variable(2)

              	
                $

              	
                2,176,090.92

              	
                September
                  25, 2036

              
	
                I-20-A

              	
                Variable(2)

              	
                $

              	
                2,077,792.42

              	
                September
                  25, 2036

              
	
                I-20-B

              	
                Variable(2)

              	
                $

              	
                2,077,792.42

              	
                September
                  25, 2036

              
	
                I-21-A

              	
                Variable(2)

              	
                $

              	
                1,983,740.00

              	
                September
                  25, 2036

              
	
                I-21-B

              	
                Variable(2)

              	
                $

              	
                1,983,740.00

              	
                September
                  25, 2036

              
	
                I-22-A

              	
                Variable(2)

              	
                $

              	
                1,893,369.67

              	
                September
                  25, 2036

              
	
                I-22-B

              	
                Variable(2)

              	
                $

              	
                1,893,369.67

              	
                September
                  25, 2036

              
	
                I-23-A

              	
                Variable(2)

              	
                $

              	
                1,803,569.09

              	
                September
                  25, 2036

              
	
                I-23-B

              	
                Variable(2)

              	
                $

              	
                1,803,569.09

              	
                September
                  25, 2036

              
	
                I-24-A

              	
                Variable(2)

              	
                $

              	
                1,722,266.22

              	
                September
                  25, 2036

              
	
                I-24-B

              	
                Variable(2)

              	
                $

              	
                1,722,266.22

              	
                September
                  25, 2036

              
	
                I-25-A

              	
                Variable(2)

              	
                $

              	
                1,644,673.14

              	
                September
                  25, 2036

              
	
                I-25-B

              	
                Variable(2)

              	
                $

              	
                1,644,673.14

              	
                September
                  25, 2036

              
	
                I-26-A

              	
                Variable(2)

              	
                $

              	
                1,570,582.96

              	
                September
                  25, 2036

              
	
                I-26-B

              	
                Variable(2)

              	
                $

              	
                1,570,582.96

              	
                September
                  25, 2036

              
	
                I-27-A

              	
                Variable(2)

              	
                $

              	
                1,499,906.52

              	
                September
                  25, 2036

              
	
                I-27-B

              	
                Variable(2)

              	
                $

              	
                1,499,906.52

              	
                September
                  25, 2036

              
	
                I-28-A

              	
                Variable(2)

              	
                $

              	
                1,432,452.79

              	
                September
                  25, 2036

              
	
                I-28-B

              	
                Variable(2)

              	
                $

              	
                1,432,452.79

              	
                September
                  25, 2036

              
	
                I-29-A

              	
                Variable(2)

              	
                $

              	
                1,368,032.84

              	
                September
                  25, 2036

              
	
                I-29-B

              	
                Variable(2)

              	
                $

              	
                1,368,032.84

              	
                September
                  25, 2036

              
	
                I-30-A

              	
                Variable(2)

              	
                $

              	
                1,306,586.45

              	
                September
                  25, 2036

              
	
                I-30-B

              	
                Variable(2)

              	
                $

              	
                1,306,586.45

              	
                September
                  25, 2036

              
	
                I-31-A

              	
                Variable(2)

              	
                $

              	
                1,247,936.47

              	
                September
                  25, 2036

              
	
                I-31-B

              	
                Variable(2)

              	
                $

              	
                1,247,936.47

              	
                September
                  25, 2036

              
	
                I-32-A

              	
                Variable(2)

              	
                $

              	
                1,191,949.20

              	
                September
                  25, 2036

              
	
                I-32-B

              	
                Variable(2)

              	
                $

              	
                1,191,949.20

              	
                September
                  25, 2036

              
	
                I-33-A

              	
                Variable(2)

              	
                $

              	
                1,138,513.08

              	
                September
                  25, 2036

              
	
                I-33-B

              	
                Variable(2)

              	
                $

              	
                1,138,513.08

              	
                September
                  25, 2036

              
	
                I-34-A

              	
                Variable(2)

              	
                $

              	
                1,087,397.57

              	
                September
                  25, 2036

              
	
                I-34-B

              	
                Variable(2)

              	
                $

              	
                1,087,397.57

              	
                September
                  25, 2036

              
	
                I-35-A

              	
                Variable(2)

              	
                $

              	
                1,038,650.20

              	
                September
                  25, 2036

              
	
                I-35-B

              	
                Variable(2)

              	
                $

              	
                1,038,650.20

              	
                September
                  25, 2036

              
	
                I-36-A

              	
                Variable(2)

              	
                $

              	
                992,185.48

              	
                September
                  25, 2036

              
	
                I-36-B

              	
                Variable(2)

              	
                $

              	
                992,185.48

              	
                September
                  25, 2036

              
	
                I-37-A

              	
                Variable(2)

              	
                $

              	
                947,829.12

              	
                September
                  25, 2036

              
	
                I-37-B

              	
                Variable(2)

              	
                $

              	
                947,829.12

              	
                September
                  25, 2036

              
	
                I-38-A

              	
                Variable(2)

              	
                $

              	
                905,484.47

              	
                September
                  25, 2036

              
	
                I-38-B

              	
                Variable(2)

              	
                $

              	
                905,484.47

              	
                September
                  25, 2036

              
	
                I-39-A

              	
                Variable(2)

              	
                $

              	
                865,059.32

              	
                September
                  25, 2036

              
	
                I-39-B

              	
                Variable(2)

              	
                $

              	
                865,059.32

              	
                September
                  25, 2036

              
	
                I-40-A

              	
                Variable(2)

              	
                $

              	
                826,458.40

              	
                September
                  25, 2036

              
	
                I-40-B

              	
                Variable(2)

              	
                $

              	
                826,458.40

              	
                September
                  25, 2036

              
	
                I-41-A

              	
                Variable(2)

              	
                $

              	
                789,613.20

              	
                September
                  25, 2036

              
	
                I-41-B

              	
                Variable(2)

              	
                $

              	
                789,613.20

              	
                September
                  25, 2036

              
	
                I-42-A

              	
                Variable(2)

              	
                $

              	
                754,435.65

              	
                September
                  25, 2036

              
	
                I-42-B

              	
                Variable(2)

              	
                $

              	
                754,435.65

              	
                September
                  25, 2036

              
	
                I-43-A

              	
                Variable(2)

              	
                $

              	
                720,849.45

              	
                September
                  25, 2036

              
	
                I-43-B

              	
                Variable(2)

              	
                $

              	
                720,849.45

              	
                September
                  25, 2036

              
	
                I-44-A

              	
                Variable(2)

              	
                $

              	
                688,781.79

              	
                September
                  25, 2036

              
	
                I-44-B

              	
                Variable(2)

              	
                $

              	
                688,781.79

              	
                September
                  25, 2036

              
	
                I-45-A

              	
                Variable(2)

              	
                $

              	
                658,163.24

              	
                September
                  25, 2036

              
	
                I-45-B

              	
                Variable(2)

              	
                $

              	
                658,163.24

              	
                September
                  25, 2036

              
	
                I-46-A

              	
                Variable(2)

              	
                $

              	
                628,927.57

              	
                September
                  25, 2036

              
	
                I-46-B

              	
                Variable(2)

              	
                $

              	
                628,927.57

              	
                September
                  25, 2036

              
	
                I-47-A

              	
                Variable(2)

              	
                $

              	
                601,011.57

              	
                September
                  25, 2036

              
	
                I-47-B

              	
                Variable(2)

              	
                $

              	
                601,011.57

              	
                September
                  25, 2036

              
	
                I-48-A

              	
                Variable(2)

              	
                $

              	
                10,190,521.39

              	
                September
                  25, 2036

              
	
                I-48-B

              	
                Variable(2)

              	
                $

              	
                10,190,521.39

              	
                September
                  25, 2036

              
	
                I-49-A

              	
                Variable(2)

              	
                $

              	
                96,029.84

              	
                September
                  25, 2036

              
	
                I-49-B

              	
                Variable(2)

              	
                $

              	
                96,029.84

              	
                September
                  25, 2036

              
	
                I-50-A

              	
                Variable(2)

              	
                $

              	
                93,024.89

              	
                September
                  25, 2036

              
	
                I-50-B

              	
                Variable(2)

              	
                $

              	
                93,024.89

              	
                September
                  25, 2036

              
	
                I-51-A

              	
                Variable(2)

              	
                $

              	
                90,113.56

              	
                September
                  25, 2036

              
	
                I-51-B

              	
                Variable(2)

              	
                $

              	
                90,113.56

              	
                September
                  25, 2036

              
	
                I-52-A

              	
                Variable(2)

              	
                $

              	
                87,292.93

              	
                September
                  25, 2036

              
	
                I-52-B

              	
                Variable(2)

              	
                $

              	
                87,292.93

              	
                September
                  25, 2036

              
	
                I-53-A

              	
                Variable(2)

              	
                $

              	
                84,560.21

              	
                September
                  25, 2036

              
	
                I-53-B

              	
                Variable(2)

              	
                $

              	
                84,560.21

              	
                September
                  25, 2036

              
	
                I-54-A

              	
                Variable(2)

              	
                $

              	
                81,912.63

              	
                September
                  25, 2036

              
	
                I-54-B

              	
                Variable(2)

              	
                $

              	
                81,912.63

              	
                September
                  25, 2036

              
	
                I-55-A

              	
                Variable(2)

              	
                $

              	
                79,347.57

              	
                September
                  25, 2036

              
	
                I-55-B

              	
                Variable(2)

              	
                $

              	
                79,347.57

              	
                September
                  25, 2036

              
	
                I-56-A

              	
                Variable(2)

              	
                $

              	
                76,862.47

              	
                September
                  25, 2036

              
	
                I-56-B

              	
                Variable(2)

              	
                $

              	
                76,862.47

              	
                September
                  25, 2036

              
	
                I-57-A

              	
                Variable(2)

              	
                $

              	
                74,454.83

              	
                September
                  25, 2036

              
	
                I-57-B

              	
                Variable(2)

              	
                $

              	
                74,454.83

              	
                September
                  25, 2036

              
	
                I-58-A

              	
                Variable(2)

              	
                $

              	
                72,122.26

              	
                September
                  25, 2036

              
	
                I-58-B

              	
                Variable(2)

              	
                $

              	
                72,122.26

              	
                September
                  25, 2036

              
	
                I-59-A

              	
                Variable(2)

              	
                $

              	
                69,894.25

              	
                September
                  25, 2036

              
	
                I-59-B

              	
                Variable(2)

              	
                $

              	
                69,894.25

              	
                September
                  25, 2036

              
	
                I-60-A

              	
                Variable(2)

              	
                $

              	
                2,144,578.05

              	
                September
                  25, 2036

              
	
                I-60-B

              	
                Variable(2)

              	
                $

              	
                2,144,578.05

              	
                September
                  25, 2036

              
	
                P

              	
                0.00%

              	
                $

              	
                100.00

              	
                September
                  25, 2036

              

      

      ___________________________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group I
                  Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for each REMIC I Regular
                  Interest.

              

      

      (2)        Calculated
        in accordance with the definition of “Uncertificated REMIC I Pass-Through Rate”
herein.

      

      REMIC
        II

       

      As
        provided herein, the Trustee will elect to treat the segregated pool of assets
        consisting of the Group II Mortgage Loans and certain other related assets
        subject to this Agreement (other than the Group II Reserve Fund, any related
        Prepayment Charge Waiver Amounts and, for the avoidance of doubt, the Group
        II
        Supplemental Interest Trust, the Group II Swap Agreement, the Group II Swap
        Account and any rights or obligations in respect of the Swap Administration
        Agreement) as a REMIC for federal income tax purposes, and such segregated
        pool
        of assets will be designated as “REMIC II”. The Class II-R-1 Certificates will
        be the sole class of Residual Interests in REMIC II for purposes of the REMIC
        Provisions. The following table irrevocably sets forth the designation, the
        Uncertificated REMIC II Pass-Through Rate, the initial Uncertificated Principal
        Balance and, for purposes of satisfying Treasury Regulation Section
        1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC
        II Regular Interests (as defined herein). None of the REMIC II Regular Interests
        will be certificated.

       

      
        	
                 

                Designation

              	
                Uncertificated
                  REMIC II 

                Pass-Through
                  Rate

              	
                 

                Initial
                  Uncertificated Principal Balance

              	
                 

                Latest
                  Possible Maturity Date (1)

              
	
                I-1-A

              	
                Variable(2)

              	
                $

              	
                1,959,538.69
                  

              	
                August
                  25, 2036

              
	
                I-1-B

              	
                Variable(2)

              	
                $

              	
                1,959,538.69
                  

              	
                August
                  25, 2036

              
	
                I-2-A

              	
                Variable(2)

              	
                $

              	
                2,390,671.89
                  

              	
                August
                  25, 2036

              
	
                I-2-B

              	
                Variable(2)

              	
                $

              	
                2,390,671.89
                  

              	
                August
                     25, 2036

              
	
                I-3-A

              	
                Variable(2)

              	
                $

              	
                2,817,404.05
                  

              	
                August
                  25, 2036

              
	
                I-3-B

              	
                Variable(2)

              	
                $

              	
                2,817,404.05
                  

              	
                August
                  25, 2036

              
	
                I-4-A

              	
                Variable(2)

              	
                $

              	
                3,235,882.05
                  

              	
                August
                  25, 2036

              
	
                I-4-B

              	
                Variable(2)

              	
                $

              	
                3,235,882.05
                  

              	
                August
                  25, 2036

              
	
                I-5-A

              	
                Variable(2)

              	
                $

              	
                3,642,144.22
                  

              	
                August
                  25, 2036

              
	
                I-5-B

              	
                Variable(2)

              	
                $

              	
                3,642,144.22
                  

              	
                August
                  25, 2036

              
	
                I-6-A

              	
                Variable(2)

              	
                $

              	
                4,032,163.21
                  

              	
                August
                  25, 2036

              
	
                I-6-B

              	
                Variable(2)

              	
                $

              	
                4,032,163.21
                  

              	
                August
                  25, 2036

              
	
                I-7-A

              	
                Variable(2)

              	
                $

              	
                4,401,899.21
                  

              	
                August
                  25, 2036

              
	
                I-7-B

              	
                Variable(2)

              	
                $

              	
                4,401,899.21
                  

              	
                August
                  25, 2036

              
	
                I-8-A

              	
                Variable(2)

              	
                $

              	
                4,745,992.02
                  

              	
                August
                  25, 2036

              
	
                I-8-B

              	
                Variable(2)

              	
                $

              	
                4,745,992.02
                  

              	
                August
                  25, 2036

              
	
                I-9-A

              	
                Variable(2)

              	
                $

              	
                5,058,559.27
                  

              	
                August
                  25, 2036

              
	
                I-9-B

              	
                Variable(2)

              	
                $

              	
                5,058,559.27
                  

              	
                August
                  25, 2036

              
	
                I-10-A

              	
                Variable(2)

              	
                $

              	
                4,838,725.13
                  

              	
                August
                  25, 2036

              
	
                I-10-B

              	
                Variable(2)

              	
                $

              	
                4,838,725.13
                  

              	
                August
                  25, 2036

              
	
                I-11-A

              	
                Variable(2)

              	
                $

              	
                4,620,977.71
                  

              	
                August
                  25, 2036

              
	
                I-11-B

              	
                Variable(2)

              	
                $

              	
                4,620,977.71
                  

              	
                August
                  25, 2036

              
	
                I-12-A

              	
                Variable(2)

              	
                $

              	
                4,413,122.38
                  

              	
                August
                  25, 2036

              
	
                I-12-B

              	
                Variable(2)

              	
                $

              	
                4,413,122.38
                  

              	
                August
                  25, 2036

              
	
                I-13-A

              	
                Variable(2)

              	
                $

              	
                4,214,742.30
                  

              	
                August
                  25, 2036

              
	
                I-13-B

              	
                Variable(2)

              	
                $

              	
                4,214,742.30
                  

              	
                August
                  25, 2036

              
	
                I-14-A

              	
                Variable(2)

              	
                $

              	
                4,025,400.50
                  

              	
                August
                  25, 2036

              
	
                I-14-B

              	
                Variable(2)

              	
                $

              	
                4,025,400.50
                  

              	
                August
                  25, 2036

              
	
                I-15-A

              	
                Variable(2)

              	
                $

              	
                3,844,683.04
                  

              	
                August
                  25, 2036

              
	
                I-15-B

              	
                Variable(2)

              	
                $

              	
                3,844,683.04
                  

              	
                August
                  25, 2036

              
	
                I-16-A

              	
                Variable(2)

              	
                $

              	
                3,672,192.36
                  

              	
                August
                  25, 2036

              
	
                I-16-B

              	
                Variable(2)

              	
                $

              	
                3,672,192.36
                  

              	
                August
                  25, 2036

              
	
                I-17-A

              	
                Variable(2)

              	
                $

              	
                3,507,550.20
                  

              	
                August
                  25, 2036

              
	
                I-17-B

              	
                Variable(2)

              	
                $

              	
                3,507,550.20
                  

              	
                August
                  25, 2036

              
	
                I-18-A

              	
                Variable(2)

              	
                $

              	
                3,350,395.87
                  

              	
                August
                  25, 2036

              
	
                I-18-B

              	
                Variable(2)

              	
                $

              	
                3,350,395.87
                  

              	
                August
                  25, 2036

              
	
                I-19-A

              	
                Variable(2)

              	
                $

              	
                3,200,385.32
                  

              	
                August
                  25, 2036

              
	
                I-19-B

              	
                Variable(2)

              	
                $

              	
                3,200,385.32
                  

              	
                August
                  25, 2036

              
	
                I-20-A

              	
                Variable(2)

              	
                $

              	
                3,057,190.40
                  

              	
                August
                  25, 2036

              
	
                I-20-B

              	
                Variable(2)

              	
                $

              	
                3,057,190.40
                  

              	
                August
                  25, 2036

              
	
                I-21-A

              	
                Variable(2)

              	
                $

              	
                2,920,498.29
                  

              	
                August
                  25, 2036

              
	
                I-21-B

              	
                Variable(2)

              	
                $

              	
                2,920,498.29
                  

              	
                August
                  25, 2036

              
	
                I-22-A

              	
                Variable(2)

              	
                $

              	
                2,783,692.78
                  

              	
                August
                  25, 2036

              
	
                I-22-B

              	
                Variable(2)

              	
                $

              	
                2,783,692.78
                  

              	
                August
                  25, 2036

              
	
                I-23-A

              	
                Variable(2)

              	
                $

              	
                2,659,672.95
                  

              	
                August
                  25, 2036

              
	
                I-23-B

              	
                Variable(2)

              	
                $

              	
                2,659,672.95
                  

              	
                August
                  25, 2036

              
	
                I-24-A

              	
                Variable(2)

              	
                $

              	
                2,541,282.35
                  

              	
                August
                  25, 2036

              
	
                I-24-B

              	
                Variable(2)

              	
                $

              	
                2,541,282.35
                  

              	
                August
                  25, 2036

              
	
                I-25-A

              	
                Variable(2)

              	
                $

              	
                2,428,245.14
                  

              	
                August
                  25, 2036

              
	
                I-25-B

              	
                Variable(2)

              	
                $

              	
                2,428,245.14
                  

              	
                August
                  25, 2036

              
	
                I-26-A

              	
                Variable(2)

              	
                $

              	
                2,320,316.46
                  

              	
                August
                  25, 2036

              
	
                I-26-B

              	
                Variable(2)

              	
                $

              	
                2,320,316.46
                  

              	
                August
                  25, 2036

              
	
                I-27-A

              	
                Variable(2)

              	
                $

              	
                2,217,262.75
                  

              	
                August
                  25, 2036

              
	
                I-27-B

              	
                Variable(2)

              	
                $

              	
                2,217,262.75
                  

              	
                August
                  25, 2036

              
	
                I-28-A

              	
                Variable(2)

              	
                $

              	
                2,118,035.47
                  

              	
                August
                  25, 2036

              
	
                I-28-B

              	
                Variable(2)

              	
                $

              	
                2,118,035.47
                  

              	
                August
                  25, 2036

              
	
                I-29-A

              	
                Variable(2)

              	
                $

              	
                2,024,143.77
                  

              	
                August
                  25, 2036

              
	
                I-29-B

              	
                Variable(2)

              	
                $

              	
                2,024,143.77
                  

              	
                August
                  25, 2036

              
	
                I-30-A

              	
                Variable(2)

              	
                $

              	
                1,934,486.75
                  

              	
                August
                  25, 2036

              
	
                I-30-B

              	
                Variable(2)

              	
                $

              	
                1,934,486.75
                  

              	
                August
                  25, 2036

              
	
                I-31-A

              	
                Variable(2)

              	
                $

              	
                1,848,868.74
                  

              	
                August
                  25, 2036

              
	
                I-31-B

              	
                Variable(2)

              	
                $

              	
                1,848,868.74
                  

              	
                August
                  25, 2036

              
	
                I-32-A

              	
                Variable(2)

              	
                $

              	
                1,767,105.48
                  

              	
                August
                  25, 2036

              
	
                I-32-B

              	
                Variable(2)

              	
                $

              	
                1,767,105.48
                  

              	
                August
                  25, 2036

              
	
                I-33-A

              	
                Variable(2)

              	
                $

              	
                1,688,967.22
                  

              	
                August
                  25, 2036

              
	
                I-33-B

              	
                Variable(2)

              	
                $

              	
                1,688,967.22
                  

              	
                August
                  25, 2036

              
	
                I-34-A

              	
                Variable(2)

              	
                $

              	
                1,612,819.71
                  

              	
                August
                  25, 2036

              
	
                I-34-B

              	
                Variable(2)

              	
                $

              	
                1,612,819.71
                  

              	
                August
                  25, 2036

              
	
                I-35-A

              	
                Variable(2)

              	
                $

              	
                1,541,742.18
                  

              	
                August
                  25, 2036

              
	
                I-35-B

              	
                Variable(2)

              	
                $

              	
                1,541,742.18
                  

              	
                August
                  25, 2036

              
	
                I-36-A

              	
                Variable(2)

              	
                $

              	
                1,473,856.06
                  

              	
                August
                  25, 2036

              
	
                I-36-B

              	
                Variable(2)

              	
                $

              	
                1,473,856.06
                  

              	
                August
                  25, 2036

              
	
                I-37-A

              	
                Variable(2)

              	
                $

              	
                1,409,013.88
                  

              	
                August
                  25, 2036

              
	
                I-37-B

              	
                Variable(2)

              	
                $

              	
                1,409,013.88
                  

              	
                August
                  25, 2036

              
	
                I-38-A

              	
                Variable(2)

              	
                $

              	
                1,347,077.28
                  

              	
                August
                  25, 2036

              
	
                I-38-B

              	
                Variable(2)

              	
                $

              	
                1,347,077.28
                  

              	
                August
                  25, 2036

              
	
                I-39-A

              	
                Variable(2)

              	
                $

              	
                1,287,902.44
                  

              	
                August
                  25, 2036

              
	
                I-39-B

              	
                Variable(2)

              	
                $

              	
                1,287,902.44
                  

              	
                August
                  25, 2036

              
	
                I-40-A

              	
                Variable(2)

              	
                $

              	
                1,231,073.74
                  

              	
                August
                  25, 2036

              
	
                I-40-B

              	
                Variable(2)

              	
                $

              	
                1,231,073.74
                  

              	
                August
                  25, 2036

              
	
                I-41-A

              	
                Variable(2)

              	
                $

              	
                1,177,114.12
                  

              	
                August
                  25, 2036

              
	
                I-41-B

              	
                Variable(2)

              	
                $

              	
                1,177,114.12
                  

              	
                August
                  25, 2036

              
	
                I-42-A

              	
                Variable(2)

              	
                $

              	
                1,125,565.89
                  

              	
                August
                  25, 2036

              
	
                I-42-B

              	
                Variable(2)

              	
                $

              	
                1,125,565.89
                  

              	
                August
                  25, 2036

              
	
                I-43-A

              	
                Variable(2)

              	
                $

              	
                1,076,319.29
                  

              	
                August
                  25, 2036

              
	
                I-43-B

              	
                Variable(2)

              	
                $

              	
                1,076,319.29
                  

              	
                August
                  25, 2036

              
	
                I-44-A

              	
                Variable(2)

              	
                $

              	
                1,029,270.06
                  

              	
                August
                  25, 2036

              
	
                I-44-B

              	
                Variable(2)

              	
                $

              	
                1,029,270.06
                  

              	
                August
                  25, 2036

              
	
                I-45-A

              	
                Variable(2)

              	
                $

              	
                984,316.28
                  

              	
                August
                  25, 2036

              
	
                I-45-B

              	
                Variable(2)

              	
                $

              	
                984,316.28
                  

              	
                August
                  25, 2036

              
	
                I-46-A

              	
                Variable(2)

              	
                $

              	
                941,366.14
                  

              	
                August
                  25, 2036

              
	
                I-46-B

              	
                Variable(2)

              	
                $

              	
                941,366.14
                  

              	
                August
                  25, 2036

              
	
                I-47-A

              	
                Variable(2)

              	
                $

              	
                900,330.26
                  

              	
                August
                  25, 2036

              
	
                I-47-B

              	
                Variable(2)

              	
                $

              	
                900,330.26
                  

              	
                August
                  25, 2036

              
	
                I-48-A

              	
                Variable(2)

              	
                $

              	
                14,389,763.26
                  

              	
                August
                  25, 2036

              
	
                I-48-B

              	
                Variable(2)

              	
                $

              	
                14,389,763.26
                  

              	
                August
                  25, 2036

              
	
                I-49-A

              	
                Variable(2)

              	
                $

              	
                186,835.33
                  

              	
                August
                  25, 2036

              
	
                I-49-B

              	
                Variable(2)

              	
                $

              	
                186,835.33
                  

              	
                August
                  25, 2036

              
	
                I-50-A

              	
                Variable(2)

              	
                $

              	
                180,974.55
                  

              	
                August
                  25, 2036

              
	
                I-50-B

              	
                Variable(2)

              	
                $

              	
                180,974.55
                  

              	
                August
                  25, 2036

              
	
                I-51-A

              	
                Variable(2)

              	
                $

              	
                175,296.68
                  

              	
                August
                  25, 2036

              
	
                I-51-B

              	
                Variable(2)

              	
                $

              	
                175,296.68
                  

              	
                August
                  25, 2036

              
	
                I-52-A

              	
                Variable(2)

              	
                $

              	
                169,796.03
                  

              	
                August
                  25, 2036

              
	
                I-52-B

              	
                Variable(2)

              	
                $

              	
                169,796.03
                  

              	
                August
                  25, 2036

              
	
                I-53-A

              	
                Variable(2)

              	
                $

              	
                164,467.10
                  

              	
                August
                  25, 2036

              
	
                I-53-B

              	
                Variable(2)

              	
                $

              	
                164,467.10
                  

              	
                August
                  25, 2036

              
	
                I-54-A

              	
                Variable(2)

              	
                $

              	
                159,304.56
                  

              	
                August
                  25, 2036

              
	
                I-54-B

              	
                Variable(2)

              	
                $

              	
                159,304.56
                  

              	
                August
                  25, 2036

              
	
                I-55-A

              	
                Variable(2)

              	
                $

              	
                154,303.21
                  

              	
                August
                  25, 2036

              
	
                I-55-B

              	
                Variable(2)

              	
                $

              	
                154,303.21
                  

              	
                August
                  25, 2036

              
	
                I-56-A

              	
                Variable(2)

              	
                $

              	
                149,458.05
                  

              	
                August
                  25, 2036

              
	
                I-56-B

              	
                Variable(2)

              	
                $

              	
                149,458.05
                  

              	
                August
                  25, 2036

              
	
                I-57-A

              	
                Variable(2)

              	
                $

              	
                144,764.23
                  

              	
                August
                  25, 2036

              
	
                I-57-B

              	
                Variable(2)

              	
                $

              	
                144,764.23
                  

              	
                August
                  25, 2036

              
	
                I-58-A

              	
                Variable(2)

              	
                $

              	
                140,242.91
                  

              	
                August
                  25, 2036

              
	
                I-58-B

              	
                Variable(2)

              	
                $

              	
                140,242.91
                  

              	
                August
                  25, 2036

              
	
                I-59-A

              	
                Variable(2)

              	
                $

              	
                135,836.34
                  

              	
                August
                  25, 2036

              
	
                I-59-B

              	
                Variable(2)

              	
                $

              	
                135,836.34
                  

              	
                August
                  25, 2036

              
	
                I-60-A

              	
                Variable(2)

              	
                $

              	
                4,153,394.91
                  

              	
                August
                  25, 2036

              
	
                I-60-B

              	
                Variable(2)

              	
                $

              	
                4,153,394.91
                  

              	
                August
                  25, 2036

              
	
                II-1-A

              	
                Variable(2)

              	
                $

              	
                904,989.14
                  

              	
                August
                  25, 2036

              
	
                II-1-B

              	
                Variable(2)

              	
                $

              	
                904,989.14
                  

              	
                August
                  25, 2036

              
	
                II-2-A

              	
                Variable(2)

              	
                $

              	
                1,104,102.78
                  

              	
                August
                  25, 2036

              
	
                II-2-B

              	
                Variable(2)

              	
                $

              	
                1,104,102.78
                  

              	
                August
                  25, 2036

              
	
                II-3-A

              	
                Variable(2)

              	
                $

              	
                1,301,183.84
                  

              	
                August
                  25, 2036

              
	
                II-3-B

              	
                Variable(2)

              	
                $

              	
                1,301,183.84
                  

              	
                August
                  25, 2036

              
	
                II-4-A

              	
                Variable(2)

              	
                $

              	
                1,494,452.82
                  

              	
                August
                  25, 2036

              
	
                II-4-B

              	
                Variable(2)

              	
                $

              	
                1,494,452.82
                  

              	
                August
                  25, 2036

              
	
                II-5-A

              	
                Variable(2)

              	
                $

              	
                1,682,080.07
                  

              	
                August
                  25, 2036

              
	
                II-5-B

              	
                Variable(2)

              	
                $

              	
                1,682,080.07
                  

              	
                August
                  25, 2036

              
	
                II-6-A

              	
                Variable(2)

              	
                $

              	
                1,862,205.60
                  

              	
                August
                  25, 2036

              
	
                II-6-B

              	
                Variable(2)

              	
                $

              	
                1,862,205.60
                  

              	
                August
                  25, 2036

              
	
                II-7-A

              	
                Variable(2)

              	
                $

              	
                2,032,963.69
                  

              	
                August
                  25, 2036

              
	
                II-7-B

              	
                Variable(2)

              	
                $

              	
                2,032,963.69
                  

              	
                August
                  25, 2036

              
	
                II-8-A

              	
                Variable(2)

              	
                $

              	
                2,191,878.77
                  

              	
                August
                  25, 2036

              
	
                II-8-B

              	
                Variable(2)

              	
                $

              	
                2,191,878.77
                  

              	
                August
                  25, 2036

              
	
                II-9-A

              	
                Variable(2)

              	
                $

              	
                2,336,234.16
                  

              	
                August
                  25, 2036

              
	
                II-9-B

              	
                Variable(2)

              	
                $

              	
                2,336,234.16
                  

              	
                August
                  25, 2036

              
	
                II-10-A

              	
                Variable(2)

              	
                $

              	
                2,234,706.43
                  

              	
                August
                  25, 2036

              
	
                II-10-B

              	
                Variable(2)

              	
                $

              	
                2,234,706.43
                  

              	
                August
                  25, 2036

              
	
                II-11-A

              	
                Variable(2)

              	
                $

              	
                2,134,142.43
                  

              	
                August
                  25, 2036

              
	
                II-11-B

              	
                Variable(2)

              	
                $

              	
                2,134,142.43
                  

              	
                August
                  25, 2036

              
	
                II-12-A

              	
                Variable(2)

              	
                $

              	
                2,038,146.97
                  

              	
                August
                  25, 2036

              
	
                II-12-B

              	
                Variable(2)

              	
                $

              	
                2,038,146.97
                  

              	
                August
                  25, 2036

              
	
                II-13-A

              	
                Variable(2)

              	
                $

              	
                1,946,527.54
                  

              	
                August
                  25, 2036

              
	
                II-13-B

              	
                Variable(2)

              	
                $

              	
                1,946,527.54
                  

              	
                August
                  25, 2036

              
	
                II-14-A

              	
                Variable(2)

              	
                $

              	
                1,859,082.33
                  

              	
                August
                  25, 2036

              
	
                II-14-B

              	
                Variable(2)

              	
                $

              	
                1,859,082.33
                  

              	
                August
                  25, 2036

              
	
                II-15-A

              	
                Variable(2)

              	
                $

              	
                1,775,620.16
                  

              	
                August
                  25, 2036

              
	
                II-15-B

              	
                Variable(2)

              	
                $

              	
                1,775,620.16
                  

              	
                August
                  25, 2036

              
	
                II-16-A

              	
                Variable(2)

              	
                $

              	
                1,695,957.44
                  

              	
                August
                  25, 2036

              
	
                II-16-B

              	
                Variable(2)

              	
                $

              	
                1,695,957.44
                  

              	
                August
                  25, 2036

              
	
                II-17-A

              	
                Variable(2)

              	
                $

              	
                1,619,919.46
                  

              	
                August
                  25, 2036

              
	
                II-17-B

              	
                Variable(2)

              	
                $

              	
                1,619,919.46
                  

              	
                August
                  25, 2036

              
	
                II-18-A

              	
                Variable(2)

              	
                $

              	
                1,547,339.64
                  

              	
                August
                  25, 2036

              
	
                II-18-B

              	
                Variable(2)

              	
                $

              	
                1,547,339.64
                  

              	
                August
                  25, 2036

              
	
                II-19-A

              	
                Variable(2)

              	
                $

              	
                1,478,059.09
                  

              	
                August
                  25, 2036

              
	
                II-19-B

              	
                Variable(2)

              	
                $

              	
                1,478,059.09
                  

              	
                August
                  25, 2036

              
	
                II-20-A

              	
                Variable(2)

              	
                $

              	
                1,411,926.25
                  

              	
                August
                  25, 2036

              
	
                II-20-B

              	
                Variable(2)

              	
                $

              	
                1,411,926.25
                  

              	
                August
                  25, 2036

              
	
                II-21-A

              	
                Variable(2)

              	
                $

              	
                1,348,796.66
                  

              	
                August
                  25, 2036

              
	
                II-21-B

              	
                Variable(2)

              	
                $

              	
                1,348,796.66
                  

              	
                August
                  25, 2036

              
	
                II-22-A

              	
                Variable(2)

              	
                $

              	
                1,285,614.70
                  

              	
                August
                  25, 2036

              
	
                II-22-B

              	
                Variable(2)

              	
                $

              	
                1,285,614.70
                  

              	
                August
                  25, 2036

              
	
                II-23-A

              	
                Variable(2)

              	
                $

              	
                1,228,337.65
                  

              	
                August
                  25, 2036

              
	
                II-23-B

              	
                Variable(2)

              	
                $

              	
                1,228,337.65
                  

              	
                August
                  25, 2036

              
	
                II-24-A

              	
                Variable(2)

              	
                $

              	
                1,173,660.39
                  

              	
                August
                  25, 2036

              
	
                II-24-B

              	
                Variable(2)

              	
                $

              	
                1,173,660.39
                  

              	
                August
                  25, 2036

              
	
                II-25-A

              	
                Variable(2)

              	
                $

              	
                1,121,455.52
                  

              	
                August
                  25, 2036

              
	
                II-25-B

              	
                Variable(2)

              	
                $

              	
                1,121,455.52
                  

              	
                August
                  25, 2036

              
	
                II-26-A

              	
                Variable(2)

              	
                $

              	
                1,071,609.97
                  

              	
                August
                  25, 2036

              
	
                II-26-B

              	
                Variable(2)

              	
                $

              	
                1,071,609.97
                  

              	
                August
                  25, 2036

              
	
                II-27-A

              	
                Variable(2)

              	
                $

              	
                1,024,015.87
                  

              	
                August
                  25, 2036

              
	
                II-27-B

              	
                Variable(2)

              	
                $

              	
                1,024,015.87
                  

              	
                August
                  25, 2036

              
	
                II-28-A

              	
                Variable(2)

              	
                $

              	
                978,188.96
                  

              	
                August
                  25, 2036

              
	
                II-28-B

              	
                Variable(2)

              	
                $

              	
                978,188.96
                  

              	
                August
                  25, 2036

              
	
                II-29-A

              	
                Variable(2)

              	
                $

              	
                934,826.21
                  

              	
                August
                  25, 2036

              
	
                II-29-B

              	
                Variable(2)

              	
                $

              	
                934,826.21
                  

              	
                August
                  25, 2036

              
	
                II-30-A

              	
                Variable(2)

              	
                $

              	
                893,419.21
                  

              	
                August
                  25, 2036

              
	
                II-30-B

              	
                Variable(2)

              	
                $

              	
                893,419.21
                  

              	
                August
                  25, 2036

              
	
                II-31-A

              	
                Variable(2)

              	
                $

              	
                853,877.57
                  

              	
                August
                  25, 2036

              
	
                II-31-B

              	
                Variable(2)

              	
                $

              	
                853,877.57
                  

              	
                August
                  25, 2036

              
	
                II-32-A

              	
                Variable(2)

              	
                $

              	
                816,116.20
                  

              	
                August
                  25, 2036

              
	
                II-32-B

              	
                Variable(2)

              	
                $

              	
                816,116.20
                  

              	
                August
                  25, 2036

              
	
                II-33-A

              	
                Variable(2)

              	
                $

              	
                780,028.99
                  

              	
                August
                  25, 2036

              
	
                II-33-B

              	
                Variable(2)

              	
                $

              	
                780,028.99
                  

              	
                August
                  25, 2036

              
	
                II-34-A

              	
                Variable(2)

              	
                $

              	
                744,861.19
                  

              	
                August
                  25, 2036

              
	
                II-34-B

              	
                Variable(2)

              	
                $

              	
                744,861.19
                  

              	
                August
                  25, 2036

              
	
                II-35-A

              	
                Variable(2)

              	
                $

              	
                712,034.90
                  

              	
                August
                  25, 2036

              
	
                II-35-B

              	
                Variable(2)

              	
                $

              	
                712,034.90
                  

              	
                August
                  25, 2036

              
	
                II-36-A

              	
                Variable(2)

              	
                $

              	
                680,682.52
                  

              	
                August
                  25, 2036

              
	
                II-36-B

              	
                Variable(2)

              	
                $

              	
                680,682.52
                  

              	
                August
                  25, 2036

              
	
                II-37-A

              	
                Variable(2)

              	
                $

              	
                650,735.95
                  

              	
                August
                  25, 2036

              
	
                II-37-B

              	
                Variable(2)

              	
                $

              	
                650,735.95
                  

              	
                August
                  25, 2036

              
	
                II-38-A

              	
                Variable(2)

              	
                $

              	
                622,131.28
                  

              	
                August
                  25, 2036

              
	
                II-38-B

              	
                Variable(2)

              	
                $

              	
                622,131.28
                  

              	
                August
                  25, 2036

              
	
                II-39-A

              	
                Variable(2)

              	
                $

              	
                594,802.10
                  

              	
                August
                  25, 2036

              
	
                II-39-B

              	
                Variable(2)

              	
                $

              	
                594,802.10
                  

              	
                August
                  25, 2036

              
	
                II-40-A

              	
                Variable(2)

              	
                $

              	
                568,556.45
                  

              	
                August
                  25, 2036

              
	
                II-40-B

              	
                Variable(2)

              	
                $

              	
                568,556.45
                  

              	
                August
                  25, 2036

              
	
                II-41-A

              	
                Variable(2)

              	
                $

              	
                543,635.86
                  

              	
                August
                  25, 2036

              
	
                II-41-B

              	
                Variable(2)

              	
                $

              	
                543,635.86
                  

              	
                August
                  25, 2036

              
	
                II-42-A

              	
                Variable(2)

              	
                $

              	
                519,828.94
                  

              	
                August
                  25, 2036

              
	
                II-42-B

              	
                Variable(2)

              	
                $

              	
                519,828.94
                  

              	
                August
                  25, 2036

              
	
                II-43-A

              	
                Variable(2)

              	
                $

              	
                497,084.99
                  

              	
                August
                  25, 2036

              
	
                II-43-B

              	
                Variable(2)

              	
                $

              	
                497,084.99
                  

              	
                August
                  25, 2036

              
	
                II-44-A

              	
                Variable(2)

              	
                $

              	
                475,355.88
                  

              	
                August
                  25, 2036

              
	
                II-44-B

              	
                Variable(2)

              	
                $

              	
                475,355.88
                  

              	
                August
                  25, 2036

              
	
                II-45-A

              	
                Variable(2)

              	
                $

              	
                454,594.52
                  

              	
                August
                  25, 2036

              
	
                II-45-B

              	
                Variable(2)

              	
                $

              	
                454,594.52
                  

              	
                August
                  25, 2036

              
	
                II-46-A

              	
                Variable(2)

              	
                $

              	
                434,758.52
                  

              	
                August
                  25, 2036

              
	
                II-46-B

              	
                Variable(2)

              	
                $

              	
                434,758.52
                  

              	
                August
                  25, 2036

              
	
                II-47-A

              	
                Variable(2)

              	
                $

              	
                415,806.59
                  

              	
                August
                  25, 2036

              
	
                II-47-B

              	
                Variable(2)

              	
                $

              	
                415,806.59
                  

              	
                August
                  25, 2036

              
	
                II-48-A

              	
                Variable(2)

              	
                $

              	
                6,645,737.38
                  

              	
                August
                  25, 2036

              
	
                II-48-B

              	
                Variable(2)

              	
                $

              	
                6,645,737.38
                  

              	
                August
                  25, 2036

              
	
                II-49-A

              	
                Variable(2)

              	
                $

              	
                86,287.63
                  

              	
                August
                  25, 2036

              
	
                II-49-B

              	
                Variable(2)

              	
                $

              	
                86,287.63
                  

              	
                August
                  25, 2036

              
	
                II-50-A

              	
                Variable(2)

              	
                $

              	
                83,580.90
                  

              	
                August
                  25, 2036

              
	
                II-50-B

              	
                Variable(2)

              	
                $

              	
                83,580.90
                  

              	
                August
                  25, 2036

              
	
                II-51-A

              	
                Variable(2)

              	
                $

              	
                80,958.64
                  

              	
                August
                  25, 2036

              
	
                II-51-B

              	
                Variable(2)

              	
                $

              	
                80,958.64
                  

              	
                August
                  25, 2036

              
	
                II-52-A

              	
                Variable(2)

              	
                $

              	
                78,418.23
                  

              	
                August
                  25, 2036

              
	
                II-52-B

              	
                Variable(2)

              	
                $

              	
                78,418.23
                  

              	
                August
                  25, 2036

              
	
                II-53-A

              	
                Variable(2)

              	
                $

              	
                75,957.13
                  

              	
                August
                  25, 2036

              
	
                II-53-B

              	
                Variable(2)

              	
                $

              	
                75,957.13
                  

              	
                August
                  25, 2036

              
	
                II-54-A

              	
                Variable(2)

              	
                $

              	
                73,572.87
                  

              	
                August
                  25, 2036

              
	
                II-54-B

              	
                Variable(2)

              	
                $

              	
                73,572.87
                  

              	
                August
                  25, 2036

              
	
                II-55-A

              	
                Variable(2)

              	
                $

              	
                71,263.06
                  

              	
                August
                  25, 2036

              
	
                II-55-B

              	
                Variable(2)

              	
                $

              	
                71,263.06
                  

              	
                August
                  25, 2036

              
	
                II-56-A

              	
                Variable(2)

              	
                $

              	
                69,025.39
                  

              	
                August
                  25, 2036

              
	
                II-56-B

              	
                Variable(2)

              	
                $

              	
                69,025.39
                  

              	
                August
                  25, 2036

              
	
                II-57-A

              	
                Variable(2)

              	
                $

              	
                66,857.60
                  

              	
                August
                  25, 2036

              
	
                II-57-B

              	
                Variable(2)

              	
                $

              	
                66,857.60
                  

              	
                August
                  25, 2036

              
	
                II-58-A

              	
                Variable(2)

              	
                $

              	
                64,769.48
                  

              	
                August
                  25, 2036

              
	
                II-58-B

              	
                Variable(2)

              	
                $

              	
                64,769.48
                  

              	
                August
                  25, 2036

              
	
                II-59-A

              	
                Variable(2)

              	
                $

              	
                62,734.36
                  

              	
                August
                  25, 2036

              
	
                II-59-B

              	
                Variable(2)

              	
                $

              	
                62,734.36
                  

              	
                August
                  25, 2036

              
	
                II-60-A

              	
                Variable(2)

              	
                $

              	
                1,918,194.99
                  

              	
                August
                  25, 2036

              
	
                II-60-B

              	
                Variable(2)

              	
                $

              	
                1,918,194.99
                  

              	
                August
                  25, 2036

              
	
                P

              	
                0.00%

              	
                $

              	
                100.00
                  

              	
                August
                  25, 2036

              

      

      ___________________________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group
                  II Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for each REMIC II Regular
                  Interest.

              

      

      (2)    
           Calculated
        in accordance with the definition of “Uncertificated REMIC II Pass-Through Rate”
herein.

      

       

      REMIC
        III

       

      As
        provided herein, the Trustee will elect to treat the segregated pool of assets
        consisting of the REMIC I Regular Interests and the REMIC II Regular Interests
        as a REMIC for federal income tax purposes, and such segregated pool of assets
        will be designated as “REMIC III”. The Class I-R-2 Certificates will be the sole
        class of Residual Interests in REMIC III for purposes of the REMIC Provisions.
        The following table irrevocably sets forth the designation, the Uncertificated
        REMIC III Pass-Through Rate, the initial Uncertificated Principal Balance
        and,
        for purposes of satisfying Treasury Regulation Section 1.860G-1(a)(4)(iii),
        the
“latest possible maturity date” for each of the REMIC III Regular Interests (as
        defined herein). None of the REMIC III Regular Interests will be
        certificated.

       

      
        	
                Designation

              	
                Uncertificated
                  REMIC III

                Pass-Through
                  Rate

              	
                Initial
                  Uncertificated Principal Balance

              	
                Latest
                  Possible Maturity Date (1)

              
	
                I-AA

              	
                Variable(2)

              	
                $

              	
                183,027,682.97
                  

              	
                September
                  25, 2036

              
	
                I-A-1

              	
                Variable(2)

              	
                $

              	
                875,910.00
                  

              	
                September
                  25, 2036

              
	
                I-A-2

              	
                Variable(2)

              	
                $

              	
                462,910.00
                  

              	
                September
                  25, 2036

              
	
                I-A-3

              	
                Variable(2)

              	
                $

              	
                67,500.00
                  

              	
                September
                  25, 2036

              
	
                I-M-1

              	
                Variable(2)

              	
                $

              	
                81,240.00
                  

              	
                September
                  25, 2036

              
	
                I-M-2

              	
                Variable(2)

              	
                $

              	
                75,640.00
                  

              	
                September
                  25, 2036

              
	
                I-M-3

              	
                Variable(2)

              	
                $

              	
                43,890.00
                  

              	
                September
                  25, 2036

              
	
                I-M-4

              	
                Variable(2)

              	
                $

              	
                38,290.00
                  

              	
                September
                  25, 2036

              
	
                I-M-5

              	
                Variable(2)

              	
                $

              	
                36,420.00
                  

              	
                September
                  25, 2036

              
	
                I-M-6

              	
                Variable(2)

              	
                $

              	
                33,620.00
                  

              	
                September
                  25, 2036

              
	
                I-M-7

              	
                Variable(2)

              	
                $

              	
                31,750.00
                  

              	
                September
                  25, 2036

              
	
                I-M-8

              	
                Variable(2)

              	
                $

              	
                27,080.00
                  

              	
                September
                  25, 2036

              
	
                I-M-9

              	
                Variable(2)

              	
                $

              	
                22,410.00
                  

              	
                September
                  25, 2036

              
	
                I-M-10

              	
                Variable(2)

              	
                $

              	
                16,810.00
                  

              	
                September
                  25, 2036

              
	
                I-M-11

              	
                Variable(2)

              	
                $

              	
                17,740.00
                  

              	
                September
                  25, 2036

              
	
                I-ZZ

              	
                Variable(2)

              	
                $

              	
                1,904,048.84
                  

              	
                September
                  25, 2036

              
	
                I-IO

              	
                (2)

              	
                $

              	
                (3)

              	
                September
                  25, 2036

              
	
                I-P

              	
                0.00%

              	
                $

              	
                100.00
                  

              	
                September
                  25, 2036

              
	
                II-AA

              	
                Variable(2)

              	
                $

              	
                203,034,534.40
                  

              	
                August
                  25, 2036

              
	
                II-1A-1

              	
                Variable(2)

              	
                $

              	
                697,470.00
                  

              	
                August
                  25, 2036

              
	
                II-1A-2

              	
                Variable(2)

              	
                $

              	
                317,360.00
                  

              	
                August
                  25, 2036

              
	
                II-1A-3

              	
                Variable(2)

              	
                $

              	
                70,780.00
                  

              	
                August
                  25, 2036

              
	
                II-2A

              	
                Variable(2)

              	
                $

              	
                501,375.00
                  

              	
                August
                  25, 2036

              
	
                II-M-1

              	
                Variable(2)

              	
                $

              	
                83,905.00
                  

              	
                August
                  25, 2036

              
	
                II-M-2

              	
                Variable(2)

              	
                $

              	
                76,655.00
                  

              	
                August
                  25, 2036

              
	
                II-M-3

              	
                Variable(2)

              	
                $

              	
                47,650.00
                  

              	
                August
                  25, 2036

              
	
                II-M-4

              	
                Variable(2)

              	
                $

              	
                39,365.00
                  

              	
                August
                  25, 2036

              
	
                II-M-5

              	
                Variable(2)

              	
                $

              	
                38,330.00
                  

              	
                August
                  25, 2036

              
	
                II-M-6

              	
                Variable(2)

              	
                $

              	
                35,220.00
                  

              	
                August
                  25, 2036

              
	
                II-M-7

              	
                Variable(2)

              	
                $

              	
                33,145.00
                  

              	
                August
                  25, 2036

              
	
                II-M-8

              	
                Variable(2)

              	
                $

              	
                29,000.00
                  

              	
                August
                  25, 2036

              
	
                II-M-9

              	
                Variable(2)

              	
                $

              	
                23,825.00
                  

              	
                August
                  25, 2036

              
	
                II-M-10

              	
                Variable(2)

              	
                $

              	
                20,720.00
                  

              	
                August
                  25, 2036

              
	
                II-M-11

              	
                Variable(2)

              	
                $

              	
                20,720.00
                  

              	
                August
                  25, 2036

              
	
                II-ZZ

              	
                Variable(2)

              	
                $

              	
                2,108,041.93
                  

              	
                August
                  25, 2036

              
	
                II-IO

              	
                (2)

              	
                $

              	
                (3)

              	
                August
                  25, 2036

              
	
                II-P

              	
                0.00%

              	
                $

              	
                100.00
                  

              	
                August
                  25, 2036

              
	
                II-1-Sub

              	
                Variable(2)

              	
                $

              	
                6,632.68
                  

              	
                August
                  25, 2036

              
	
                II-1-Grp

              	
                Variable(2)

              	
                $

              	
                28,344.88
                  

              	
                August
                  25, 2036

              
	
                II-2-Sub

              	
                Variable(2)

              	
                $

              	
                3,063.24
                  

              	
                August
                  25, 2036

              
	
                II-2-Grp

              	
                Variable(2)

              	
                $

              	
                13,090.74
                  

              	
                August
                  25, 2036

              
	
                II-XX

              	
                Variable(2)

              	
                $

              	
                207,126,964.79
                  

              	
                August
                  25, 2036

              

      

      ___________________________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group I
                  Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for each REMIC III Group I Regular
                  Interest (as defined herein), and the Distribution Date in the
                  month
                  following the maturity date for the Group II Mortgage Loan with
                  the latest
                  maturity date has been designated as the “latest possible maturity date”
                  for each REMIC III Group II Regular Interest (as defined
                  herein).

              

      

      
        	
                (2)

              	
                Calculated
                  in accordance with the definition of “Uncertificated REMIC III
                  Pass-Through Rate” herein.

              

      

      
        	
                (3)

              	
                REMIC
                  III Regular Interest I-IO and REMIC III Regular Interest II-IO
                  will not
                  have Uncertificated Principal Balances but will accrue interest
                  on their
                  respective uncertificated notional amounts calculated in accordance
                  with
                  the related definition of “Uncertificated Notional Amount”
                  herein.

              

      

      

       

      REMIC
        IV

       

      As
        provided herein, the Trustee will elect to treat the segregated pool of assets
        consisting of the REMIC III Regular Interests as a REMIC for federal income
        tax
        purposes, and such segregated pool of assets will be designated as “REMIC IV”.
        The Class I-R-3 Certificates will represent the sole class of Residual Interests
        in REMIC IV for purposes of the REMIC Provisions.

       

      The
        following table irrevocably sets forth the designation, Pass-Through Rate,
        Initial Certificate Principal Balance (or initial Uncertificated Principal
        Balance, in the case of the Class CE Interests, Class P Interests and Class
        IO
        Interests) and, for purposes of satisfying Treasury Regulation Section
        1.860G-1(a)(4)(iii), the “latest possible maturity date” for each class of
        Certificates and interests that represents ownership of one or more of the
        Regular Interests in REMIC IV created hereunder.

       

      Each
        Certificate, other than the Class P, Class CE and Class R Certificates,
        represents ownership of a Regular Interest in REMIC IV and also represents
        (i)
        the right to receive certain amounts specified herein in respect of related
        Basis Risk Shortfall Carry Forward Amounts (as defined herein) and (ii)
the
        obligation to pay related Class IO Distribution Amounts (as
        defined herein). The entitlement to principal of the Regular Interest which
        corresponds to each Certificate shall be equal in amount and timing to the
        entitlement to principal of such Certificate. 

       

      
        	
                Designation

              	
                Pass-Through
                  Rate

              	
                Initial
                  Certificate or Uncertificated

                Principal
                  Balance

              	
                Latest
                  Possible Maturity Date(1)

              
	
                I-A-1(2)

              	
                Variable(3)

              	
                $

              	
                87,591,000.00

              	
                September
                  25, 2036

              
	
                I-A-2(2)

              	
                Variable(3)

              	
                $

              	
                46,291,000.00

              	
                September
                  25, 2036

              
	
                I-A-3(2)

              	
                Variable(3)

              	
                $

              	
                6,750,000.00

              	
                September
                  25, 2036

              
	
                I-M-1(2)

              	
                Variable(3)

              	
                $

              	
                8,124,000.00

              	
                September
                  25, 2036

              
	
                I-M-2(2)

              	
                Variable(3)

              	
                $

              	
                7,564,000.00

              	
                September
                  25, 2036

              
	
                I-M-3(2)

              	
                Variable(3)

              	
                $

              	
                4,389,000.00

              	
                September
                  25, 2036

              
	
                I-M-4(2)

              	
                Variable(3)

              	
                $

              	
                3,829,000.00

              	
                September
                  25, 2036

              
	
                I-M-5(2)

              	
                Variable(3)

              	
                $

              	
                3,642,000.00

              	
                September
                  25, 2036

              
	
                I-M-6(2)

              	
                Variable(3)

              	
                $

              	
                3,362,000.00

              	
                September
                  25, 2036

              
	
                I-M-7(2)

              	
                Variable(3)

              	
                $

              	
                3,175,000.00

              	
                September
                  25, 2036

              
	
                I-M-8(2)

              	
                Variable(3)

              	
                $

              	
                2,708,000.00

              	
                September
                  25, 2036

              
	
                I-M-9(2)

              	
                Variable(3)

              	
                $

              	
                2,241,000.00

              	
                September
                  25, 2036

              
	
                I-M-10(2)

              	
                Variable(3)

              	
                $

              	
                1,681,000.00

              	
                September
                  25, 2036

              
	
                I-M-11(2)

              	
                Variable(3)

              	
                $

              	
                1,774,000.00

              	
                September
                  25, 2036

              
	
                Class
                  I-CE Interest

              	
                Variable(3)(4)

              	
                $

              	
                3,641,941.81

              	
                September
                  25, 2036

              
	
                Class
                  I-P Interest

              	
                0.00%(5)

              	
                $

              	
                100.00

              	
                September
                  25, 2036

              
	
                Class
                  I-IO Interest

              	
                (6)

              	
                $

              	
                (7)

              	
                September
                  25, 2036

              
	
                II-1A-1(2)

              	
                Variable(3)

              	
                $

              	
                139,494,000.00

              	
                August
                  25, 2036

              
	
                II-1A-2(2)

              	
                Variable(3)

              	
                $

              	
                63,472,000.00

              	
                August
                  25, 2036

              
	
                II-1A-3(2)

              	
                Variable(3)

              	
                $

              	
                14,156,000.00

              	
                August
                  25, 2036

              
	
                II-2A(2)

              	
                Variable(3)

              	
                $

              	
                100,275,000.00

              	
                August
                  25, 2036

              
	
                II-M-1(2)

              	
                Variable(3)

              	
                $

              	
                16,781,000.00

              	
                August
                  25, 2036

              
	
                II-M-2(2)

              	
                Variable(3)

              	
                $

              	
                15,331,000.00

              	
                August
                  25, 2036

              
	
                II-M-3(2)

              	
                Variable(3)

              	
                $

              	
                9,530,000.00

              	
                August
                  25, 2036

              
	
                II-M-4(2)

              	
                Variable(3)

              	
                $

              	
                7,873,000.00

              	
                August
                  25, 2036

              
	
                II-M-5(2)

              	
                Variable(3)

              	
                $

              	
                7,666,000.00

              	
                August
                  25, 2036

              
	
                II-M-6(2)

              	
                Variable(3)

              	
                $

              	
                7,044,000.00

              	
                August
                  25, 2036

              
	
                II-M-7(2)

              	
                Variable(3)

              	
                $

              	
                6,629,000.00

              	
                August
                  25, 2036

              
	
                II-M-8(2)

              	
                Variable(3)

              	
                $

              	
                5,800,000.00

              	
                August
                  25, 2036

              
	
                II-M-9(2)

              	
                Variable(3)

              	
                $

              	
                4,765,000.00

              	
                August
                  25, 2036

              
	
                II-M-10(2)

              	
                Variable(3)

              	
                $

              	
                4,144,000.00

              	
                August
                  25, 2036

              
	
                II-M-11(2)

              	
                Variable(3)

              	
                $

              	
                4,144,000.00

              	
                August
                  25, 2036

              
	
                Class
                  II-CE Interest

              	
                Variable(3)(4)

              	
                $

              	
                7,252,192.66

              	
                August
                  25, 2036

              
	
                Class
                  II-IO Interest

              	
                (6)

              	
                $

              	
                (7)

              	
                August
                  25, 2036

              
	
                Class
                  II-P Interest

              	
                0.00%(5)

              	
                $

              	
                100.00

              	
                August
                  25, 2036

              

      

      ___________________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group I
                  Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for each Regular Interest in REMIC IV the
                  ownership of which is represented by the Class I-A Certificates
                  and Class
                  I-M Certificates, the Class I-CE Interest, the Class I-P Interest
                  and the
                  Class I-IO Interest, and the Distribution Date in the month following
                  the
                  maturity date for the Group II Mortgage Loan with the latest maturity
                  date
                  has been designated as the “latest possible maturity date” for each
                  Regular Interest in REMIC IV the ownership of which is represented
                  by the
                  Class II-A Certificates and Class II-M Certificates, the Class
                  II-CE
                  Interest, the Class II-P Interest and the Class II-IO
                  Interest.

              

      

      
        	
                (2)

              	
                This
                  Class of Certificates represents ownership of a Regular Interest
                  in REMIC
                  IV. Any amount distributed on this Class of Certificates on any
                  Distribution Date in excess of the amount distributable on the
                  related
                  Regular Interest in REMIC IV on such Distribution Date shall be
                  treated
                  for federal income tax purposes as having been paid from the related
                  Reserve Fund or the related Supplemental Interest Trust, as applicable,
                  and any amount distributable on the related Regular Interest in
                  REMIC IV
                  on such Distribution Date in excess of the amount distributable
                  on such
                  Class of Certificates on such Distribution Date shall be treated
                  for such
                  purposes as having been distributed to the Holders of such Certificates
                  and then paid by such Holders to the related Supplemental Interest
                  Trust,
                  all pursuant to and as further provided in Section 3.21 or Section
                  3.22,
                  as applicable, hereof.

              

      

      
        	
                (3)

              	
                Calculated
                  in accordance with the definition of “Pass-Through Rate” herein. Each
                  Regular Interest in REMIC IV which corresponds to a Class A Certificate
                  or
                  Class M Certificate will have the same Pass-Through Rate as such
                  Certificate, except with respect to the related Net Rate Cap. The
                  Net Rate
                  Cap for each such Regular Interest in REMIC IV and Certificate
                  is
                  specified in the related definition of “Net Rate
                  Cap.”

              

      

      
        	
                (4)

              	
                The
                  Class I-CE Interest and Class II-CE Interest will accrue interest
                  at their
                  variable Pass-Through Rates on their Uncertificated Notional Amounts
                  outstanding from time to time, which shall equal the aggregate
                  Uncertificated Principal Balance of the REMIC III Group I Regular
                  Interests (other than REMIC III Regular Interest I-P) or the REMIC
                  III
                  Group II Regular Interests (other than REMIC III Regular Interest
                  II-P),
                  respectively. The Class CE Interests will not accrue interest on
                  their
                  Uncertificated Principal Balances.

              

      

      
        	
                (5)

              	
                The
                  Class P Interests are not entitled to distributions in respect
                  of
                  interest.

              

      

      
        	
                (6)

              	
                For
                  federal income tax purposes, the Class I-IO Interest and Class
                  II-IO
                  Interest will not have Pass-Through Rates, but will be entitled
                  to 100% of
                  the amounts distributed on REMIC III Regular Interest I-IO and
                  REMIC III
                  Regular Interest II-IO,
                  respectively.

              

      

      
        	
                (7)

              	
                For
                  federal income tax purposes, the Class I-IO Interest and Class
                  II-IO
                  Interest will not have Uncertificated Principal Balances, but will
                  have
                  notional amounts equal to the Uncertificated Notional Amounts of
                  REMIC III
                  Regular Interest I-IO and REMIC III Regular Interest II-IO,
                  respectively.

              

      

       

      REMIC
        V

       

      As
        provided herein, the Trustee shall elect to treat the segregated pool of
        assets
        consisting of the Class I-CE Interest as a REMIC for federal income tax
        purposes, and such segregated pool of assets will be designated as “REMIC V”.
        The Class I-R-5 Interest represents the sole class of Residual Interests
        in
        REMIC V for purposes of the REMIC Provisions.

       

      The
        following table sets forth the Class designation, Pass-Through Rate, Initial
        Certificate Principal Balance and, for purposes of satisfying Treasury
        Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for
        the indicated Class of Certificates that represents a Regular Interest in
        REMIC
        V created hereunder. The Class I-CE Certificate represents ownership of a
        Regular Interest in REMIC V and also represents (i) the obligation to pay
        certain amounts specified herein in respect of related Basis Risk Shortfall
        Carry Forward Amounts and (ii) the right to receive related Class IO
        Distribution Amounts.

       

      
        	
                Class
                  Designation

              	
                Pass-Through
                  Rate

              	
                Initial
                  Certificate Principal Balance

              	
                Latest
                  Possible

                Maturity
                  Date(1)

              
	
                I-CE

              	
                (2)

              	
                $  3,641,941.81

              	
                September
                  25, 2036

              

      

      _______________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group I
                  Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for the Class I-CE
                  Certificates.

              

      

      
        	
                (2)

              	
                The
                  Class I-CE Certificates will receive 100% of the amounts received
                  in
                  respect of the Class I-CE Interest.

              

      

       

      REMIC
        VI

       

      As
        provided herein, the Trustee shall elect to treat the segregated pool of
        assets
        consisting of the Class I-P Interest as a REMIC for federal income tax purposes,
        and such segregated pool of assets will be designated as “REMIC VI”. The Class
        I-R-6 Interest represents the sole class of Residual Interests in REMIC VI
        for
        purposes of the REMIC Provisions.

       

      The
        following table sets forth the Class designation, Pass-Through Rate, Initial
        Certificate Principal Balance and, for purposes of satisfying Treasury
        Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for
        the indicated Class of Certificates that represents a Regular Interest in
        REMIC
        VI created hereunder:

       

      
        	
                Class
                  Designation

              	
                Pass-Through
                  Rate

              	
                Initial

                Certificate
                  Principal Balance

              	
                Latest
                  Possible

                Maturity
                  Date(1)

              
	
                I-P

              	
                0.00%(2)

              	
                $100.00

              	
                September
                  25, 2036

              

      

      _______________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group I
                  Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for the Class I-P
                  Certificates.

              

      

      
        	
                (2)

              	
                The
                  Class I-P Certificates will receive 100% of the amounts received
                  in
                  respect of the Class I-P Interest.

              

      

       

      REMIC
        VII

       

      As
        provided herein, the Trustee shall elect to treat the segregated pool of
        assets
        consisting of the Class I-IO Interest as a REMIC for federal income tax
        purposes, and such segregated pool of assets will be designated as “REMIC VII”.
        The Class I-R-7 Interest represents the sole class of Residual Interests
        in
        REMIC VII for purposes of the REMIC Provisions.

       

      The
        following table sets forth the designation, Pass-Through Rate, initial
        Uncertificated Principal Balance and, for purposes of satisfying Treasury
        Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for
        the indicated class of interests that represents a Regular Interest in REMIC
        VII
        created hereunder:

       

      
        	
                Designation

              	
                Pass-Through
                  Rate

              	
                Initial
                  Uncertificated Principal Balance

              	
                Latest
                  Possible

                Maturity
                  Date(1)

              
	
                IO(2)

              	
                (3)

              	
                (4)

              	
                September
                  25, 2036

              

      

      _______________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group I
                  Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for REMIC VII Regular Interest
                  IO.

              

      

      
        	
                (2)

              	
                REMIC
                  VII Regular Interest IO will be held as an asset of the Group I
                  Supplemental Interest Trust.

              

      

      
        	
                (3)

              	
                REMIC
                  VII Regular Interest IO will not have a Pass-Through Rate, but
                  will
                  receive 100% of the amounts received in respect of the Class I-IO
                  Interest.

              

      

      
        	
                (4)

              	
                REMIC
                  VII Regular Interest IO will not have an Uncertificated Principal
                  Balance,
                  but will have a notional amount equal to the Uncertificated Notional
                  Amount of the Class I-IO Interest.

              

      

       

      REMIC
        VIII

       

      As
        provided herein, the Trustee shall elect to treat the segregated pool of
        assets
        consisting of the Class II-CE Interest as a REMIC for federal income tax
        purposes, and such segregated pool of assets will be designated as “REMIC VIII”.
        The Class II-R-8 Interest represents the sole class of Residual Interests
        in
        REMIC VIII for purposes of the REMIC Provisions.

       

      The
        following table sets forth the Class designation, Pass-Through Rate, Initial
        Certificate Principal Balance and, for purposes of satisfying Treasury
        Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for
        the indicated Class of Certificates that represents a Regular Interest in
        REMIC
        VIII created hereunder. The Class II-CE Certificate represents ownership
        of a
        Regular Interest in REMIC VIII and also represents (i) the obligation to
        pay
        certain amounts specified herein in respect of related Basis Risk Shortfall
        Carry Forward Amounts and (ii) the right to receive related Class IO
        Distribution Amounts.

       

      
        	
                Class
                  Designation

              	
                Pass-Through
                  Rate

              	
                Initial
                  Certificate Principal Balance

              	
                Latest
                  Possible

                Maturity
                  Date(1)

              
	
                II-CE

              	
                (2)

              	
                $7,252,192.66

              	
                August
                  25, 2036

              

      

      _______________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group
                  II Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for the Class II-CE
                  Certificates.

              

      

      
        	
                (2)

              	
                The
                  Class II-CE Certificates will receive 100% of the amounts received
                  in
                  respect of the Class II-CE
                  Interest.

              

      

       

      REMIC
        IX

       

      As
        provided herein, the Trustee shall elect to treat the segregated pool of
        assets
        consisting of the Class II-P Interest as a REMIC for federal income tax
        purposes, and such segregated pool of assets will be designated as “REMIC IX”.
        The Class II-R-9 Interest represents the sole class of Residual Interests
        in
        REMIC IX for purposes of the REMIC Provisions.

       

      The
        following table sets forth the Class designation, Pass-Through Rate, Initial
        Certificate Principal Balance and, for purposes of satisfying Treasury
        Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for
        the indicated Class of Certificates that represents a Regular Interest in
        REMIC
        IX created hereunder:

       

      
        	
                Class
                  Designation

              	
                Pass-Through
                  Rate

              	
                Initial

                Certificate
                  Principal Balance

              	
                Latest
                  Possible

                Maturity
                  Date(1)

              
	
                II-P

              	
                0.00%(2)

              	
                $100.00

              	
                August
                  25, 2036

              

      

      _______________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group
                  II Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for the Class II-P
                  Certificates.

              

      

      
        	
                (2)

              	
                The
                  Class II-P Certificates will receive 100% of the amounts received
                  in
                  respect of the Class II-P Interest.

              

      

       

      REMIC
        X

       

      As
        provided herein, the Trustee shall elect to treat the segregated pool of
        assets
        consisting of the Class II-IO Interest as a REMIC for federal income tax
        purposes, and such segregated pool of assets will be designated as “REMIC X”.
        The Class II-R-10 Interest represents the sole class of Residual Interests
        in
        REMIC X for purposes of the REMIC Provisions.

       

      The
        following table sets forth the designation, Pass-Through Rate, initial
        Uncertificated Principal Balance and, for purposes of satisfying Treasury
        Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for
        the indicated class of interests that represents a Regular Interest in REMIC
        X
        created hereunder:

       

      
        	
                Designation

              	
                Pass-Through
                  Rate

              	
                Initial
                  Uncertificated Principal Balance

              	
                Latest
                  Possible

                Maturity
                  Date(1)

              
	
                IO(2)

              	
                (3)

              	
                (4)

              	
                August
                  25, 2036

              

      

      _______________

      
        	
                (1)

              	
                For
                  purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                  the
                  Distribution Date in the month following the maturity date for
                  the Group
                  II Mortgage Loan with the latest maturity date has been designated
                  as the
                  “latest possible maturity date” for REMIC X Regular Interest
                  IO.

              

      

      
        	
                (2)

              	
                REMIC
                  X Regular Interest IO will be held as an asset of the Group II
                  Supplemental Interest Trust.

              

      

      
        	
                (3)

              	
                REMIC
                  X Regular Interest IO will not have a Pass-Through Rate, but will
                  receive
                  100% of the amounts received in respect of the Class II-IO
                  Interest.

              

      

      
        	
                (4)

              	
                REMIC
                  X Regular Interest IO will not have an Uncertificated Principal
                  Balance,
                  but will have a notional amount equal to the Uncertificated Notional
                  Amount of the Class II-IO Interest.

              

      

       

      The
        Trust
        Fund shall be named, and may be referred to as, the “Bear Stearns Asset Backed
        Securities I Trust 2006-HE7.” The Certificates issued hereunder may be referred
        to as “Asset-Backed Certificates, Series 2006-HE7” (including for purposes of
        any endorsement or assignment of a Mortgage Note or Mortgage).

       

      In
        consideration of the mutual agreements herein contained, the Depositor, the
        Master Servicer, the Seller and the Trustee agree as follows:

       

      ARTICLE
        I

      DEFINITIONS

       

      Section
        1.01  Defined
        Terms. 

       

      Whenever
        used in this Agreement, the following words and phrases, unless otherwise
        expressly provided or unless the context otherwise requires, shall have the
        meanings specified in this Article:

       

      10-K
        Filing Deadline:
        As
        defined in Section 3.16(iii).

       

      Accepted
        Servicing Practices:
        With
        respect to each Mortgage Loan, those mortgage servicing practices and
        procedures, including prudent collection and loan administration procedures,
        and
        the standard of care (i) employed by prudent mortgage servicers which service
        mortgage loans of the same type as the Mortgage Loans in the jurisdictions
        in
        which the related Mortgage Properties are located or (ii) in accordance with
        the
        Fannie Mae Guide or Freddie Mac Guide, subject to any variances negotiated
        with
        Fannie Mae or Freddie Mac and subject to the express provisions of this
        Agreement. Such standard of care shall not be lower than that the Master
        Servicer customarily employs and exercises in servicing and administering
        similar mortgage loans for its own account and shall be in full compliance
        with
        all federal, state, and local laws, ordinances, rules and
        regulations.

       

      Account:
        The
        Distribution Account, the Reserve Funds, the Group I Swap Account, the Group
        II
        Swap Account, the Class I-P Certificate Account, the Class II-P Certificate
        Account and the Protected Account.

       

      Accrual
        Period:
        With
        respect to the Certificates (other than the Class CE, Class P and the Residual
        Certificates) and any Distribution Date, the period from and including the
        immediately preceding Distribution Date (or with respect to the first Accrual
        Period, the Closing Date) to and including the day prior to such Distribution
        Date. With respect to the Class CE Certificates and the Class CE Interests
        and
        any Distribution Date, the calendar month immediately preceding such
        Distribution Date. All calculations of interest on the Certificates (other
        than
        the Class CE, Class P and the Residual Certificates) will be made on the
        basis
        of the actual number of days elapsed in the related Accrual Period. All
        calculations of interest on the Class CE Interests and the Class CE Certificates
        will be made on the basis of a 360-day year consisting of twelve 30-day
        months.

       

      Additional
        Disclosure:
        As
        defined in Section 3.16(a)(v).

       

      Additional
        Disclosure Notification:
        The
        form of notice set forth in Exhibit R.

       

      Additional
        Form 10-D Disclosure:
        As
        defined in Section 3.16(a)(ii).

       

      Additional
        Form 10-K Disclosure:
        As
        defined in Section 3.16(a)(iv).

       

      Advance:
        An
        advance of delinquent payments of principal or interest in respect of a Mortgage
        Loan required to be made by the Master Servicer as provided in Section 5.01
        hereof.

       

      Affected
        Party:
        An
“Affected Party” as defined in the related Swap Agreement.

       

      Agreement:
        This
        Pooling and Servicing Agreement and any and all amendments or supplements
        hereto
        made in accordance with the terms herein.

       

      Adjustable
        Rate Mortgage Loan:
        Each of
        the Mortgage Loans identified in the Mortgage Loan Schedule as having a Mortgage
        Rate that is subject to adjustment.

       

      Adjustment
        Date:
        With
        respect to each Adjustable Rate Mortgage Loan, the first day of the month
        in
        which the Mortgage Rate of an Adjustable Rate Mortgage Loan changes pursuant
        to
        the related Mortgage Note. The first Adjustment Date following the Cut-off
        Date
        as to each Adjustable Rate Mortgage Loan is set forth in the Mortgage Loan
        Schedule.

       

      Amount
        Held for Future Distribution:
        As to
        any Distribution Date, the aggregate amount held in the Protected Account
        at the
        close of business on the immediately preceding Determination Date on account
        of
        (i) all Scheduled Payments or portions thereof received in respect of the
        Mortgage Loans due after the related Due Period and (ii) Principal Prepayments,
        Liquidation Proceeds, Subsequent Recoveries and Insurance Proceeds received
        in
        respect of such Mortgage Loans after the last day of the related Prepayment
        Period.

       

      Annual
        Statement of Compliance:
        As
        defined in Section 3.13.

       

      Applied
        Realized Loss Amount:
        With
        respect to any Distribution Date and a Class of Class A Certificates and
        Class M
        Certificates, the sum of the Realized Losses with respect to the Mortgage
        Loans
        in the related Loan Group which have been applied in reduction of the
        Certificate Principal Balance of a Class of Certificates pursuant to Section
        5.05 of this Agreement which have not previously been reimbursed or reduced
        by
        any Subsequent Recoveries applied to such Applied Realized Loss
        Amount.

       

      Appraised
        Value:
        With
        respect to any Mortgage Loan originated in connection with a refinancing,
        the
        appraised value of the Mortgaged Property based upon the appraisal made at
        the
        time of such refinancing or, with respect to any other Mortgage Loan, the
        lesser
        of (x) the appraised value of the Mortgaged Property based upon the appraisal
        made by a fee appraiser at the time of the origination of the related Mortgage
        Loan, and (y) the sales price of the Mortgaged Property at the time of such
        origination.

       

      Assessment
        of Compliance:
        As
        defined in Section 3.14.

       

      Attesting
        Party:
        As
        defined in Section 3.14.

       

      Attestation
        Report:
        As
        defined in Section 3.14.

       

      Back-Up
        Certification:
        As
        defined in Section 3.16(a)(iv).

       

      Basis
        Risk Shortfall Carry Forward Amount:
        With
        respect to any Distribution Date and any Class of Class A Certificates and
        Class
        M Certificates, an amount equal to the sum of (A) if the Pass-Through Rate
        for
        such Class for such Distribution Date is limited to the related Net Rate
        Cap,
        the excess, if any, of (a) the amount of Current Interest that such Class
        would
        have been entitled to receive on such Distribution Date had the Pass-Though
        Rate
        applicable to such Class been calculated at a per annum rate equal to the
        related One-Month LIBOR Pass-Through Rate, over (b) the amount of Current
        Interest that such Class received on such Distribution Date at the related
        Net
        Rate Cap for such Distribution Date and (B) the Basis Risk Shortfall Carry
        Forward Amount for the previous Distribution Date not previously paid, together
        with interest thereon at a rate equal to the related Pass-Through Rate the
        current Distribution Date.

       

      Bankruptcy
        Code:
        Title
        11 of the United States Code.

       

      Book-Entry
        Certificates:
        Any of
        the Certificates that shall be registered in the name of the Depository or
        its
        nominee, the ownership of which is reflected on the books of the Depository
        or
        on the books of a person maintaining an account with the Depository (directly,
        as a “Depository Participant”, or indirectly, as an indirect participant in
        accordance with the rules of the Depository and as described in Section 6.06).
        As of the Closing Date, each Class of Regular Certificates (other than the
        Class
        CE Certificates and Class P Certificates) constitutes a Class of Book-Entry
        Certificates.

       

      Business
        Day:
        Any day
        other than (i) a Saturday or a Sunday, or (ii) a day on which banking
        institutions in The City of New York, New York, Chicago, Illinois, Minneapolis,
        Minnesota or the city in which the Corporate Trust Office of the Trustee
        or the
        principal office of the Master Servicer is located as authorized or obligated
        by
        law or executive order to be closed.

       

      Certificate:
        Any one
        of the certificates of any Class executed and authenticated by the Trustee
        in
        substantially the forms attached hereto as Exhibits A-1 through
        A-5.

       

      Certificate
        Margin:
        With
        respect to the Class I-A-1 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-A-1,
0.050%
        per
        annum.

       

      With
        respect to the Class I-A-2 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-A-2, 0.170%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 0.340% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-A-3 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-A-3, 0.260%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 0.520% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-1 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-1, 0.400%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 0.600% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-2 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-2, 0.420%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 0.630% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-3 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-3, 0.470%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 0.705% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-4 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-4, 0.570%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 0.855% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-5 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-5, 0.650%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 0.975% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-6 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-6, 0.750%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 1.125% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-7 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-7, 1.750%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 2.625% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-8 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-8, 2.500%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 3.750% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-9 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-9, 2.500%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 3.750% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-10 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-10, 2.500%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 3.750% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class I-M-11 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest I-M-11, 2.500%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group I Optional Termination Date and 3.750% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-1A-1 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-1A-1, 0.050%
        per annum.

       

      With
        respect to the Class II-1A-2 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-1A-2, 0.160%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.320% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-1A-3 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-1A-3, 0.250%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.500% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-2A Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-2A, 0.140%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.280% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-1 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-1, 0.300%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.450% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-2 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-2, 0.320%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.480% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-3 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-3, 0.330%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.495% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-4 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-4, 0.400%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.600% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-5 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-5, 0.420%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.630% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-6 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-6, 0.460%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 0.690% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-7 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-7, 0.900%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 1.350% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-8 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-8, 1.050%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 1.575% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-9 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-9, 1.900%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 2.850% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-10 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-10, 2.250%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 3.375% per annum in the case
        of
        each Distribution Date thereafter.

       

      With
        respect to the Class II-M-11 Certificates and, for purposes of the definition
        of
“One-Month LIBOR Pass-Through Rate”, REMIC III Regular Interest II-M-11, 2.250%
        per annum in the case of each Distribution Date through and including the
        first
        possible Group II Optional Termination Date and 3.375% per annum in the case
        of
        each Distribution Date thereafter.

       

      Certificate
        Notional Amount:
        With
        respect to the Class I-CE Certificates and any Distribution Date, an amount
        equal to the Stated Principal Balance of the Group I Mortgage Loans as of
        the
        beginning of the related Due Period. The
        initial Certificate Notional Amount of the Class I-CE Certificates shall
        be
        $186,762,941.81. For federal income tax purposes, the Certificate Notional
        Amount for the Class I-CE Certificates for any Distribution Date shall be
        an
        amount equal to the Uncertificated Notional Amount for the Class I-CE Interest
        for such Distribution Date. With respect to the Class II-CE Certificates
        and any
        Distribution Date, an amount equal to the Stated Principal Balance of the
        Group
        II Mortgage Loans as of the beginning of the related Due Period. The initial
        Certificate Notional Amount of the Class II-CE Certificates shall be
        $414,356,192.66. For federal income tax purposes, the Certificate Notional
        Amount for the Class II-CE Certificates for any Distribution Date shall be
        an
        amount equal to the Uncertificated Notional Amount for the Class II-CE Interest
        for such Distribution Date.

       

      Certificate
        Owner:
        With
        respect to a Book-Entry Certificate, the Person that is the beneficial owner
        of
        such Book-Entry Certificate.

       

      Certificate
        Principal Balance:
        As to
        any Certificate (other than any Class CE Certificates and any Class R
        Certificates) and as of any Distribution Date, the Initial Certificate Principal
        Balance of such Certificate plus, in the case of a Class I-A Certificate
        and
        Class I-M Certificate, any Subsequent Recoveries added to the Certificate
        Principal Balance of such Certificate pursuant to Section 5.04(a) and in
        the
        case of a Class II-A Certificate and Class II-M Certificate, any Subsequent
        Recoveries added to the Certificate Principal Balance of such Certificate
        pursuant to Section 5.04(b), less the sum of (i) all amounts distributed
        with
        respect to such Certificate in reduction of the Certificate Principal Balance
        thereof on previous Distribution Dates pursuant to Section 5.04, and (ii)
        any
        Applied Realized Loss Amounts allocated to such Certificate on previous
        Distribution Dates. As to the Class I-CE Certificates and as of any Distribution
        Date, an amount equal to the Uncertificated Principal Balance of the Class
        I-CE
        Interest. As to the Class II-CE Certificates and as of any Distribution Date,
        an
        amount equal to the Uncertificated Principal Balance of the Class II-CE
        Interest.

       

      Certificate
        Register:
        The
        register maintained pursuant to Section 6.02 hereof.

       

      Certificateholder
        or Holder:
        The
        person in whose name a Certificate is registered in the Certificate Register
        (initially, Cede & Co., as nominee for the Depository, in the case of any
        Book-Entry Certificates).

       

      Certification
        Parties:
        As
        defined in Section 3.16(a)(iv).

       

      Certifying
        Person:
        As
        defined in Section 3.16(a)(iv).

       

      Class:
        All
        Certificates bearing the same Class designation as set forth in Section 6.01
        hereof.

       

      Class
        A Certificates:
        Any of
        the Class I-A-1, Class I-A-2, and Class I-A-3, Class II-1A-1, Class II-1A-2,
        Class II-1A-3 and Class II-2A Certificates.

       

      Class
        CE Certificates:
        Any of
        the Class I-CE Certificates and Class II-CE Certificates.

       

      Class
        CE Interest:
        Any of
        the Class I-CE Interest and Class II-CE Interest.

       

      Class
        IO Interest:
        Any of
        the Class I-IO Interest and Class II-IO Interest.

       

      Class
        M Certificates:
        Any of
        the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class
        I-M-6, Class I-M-7, Class I-M-8, Class I-M-9, Class I-M-10, Class I-M-11,
        Class
        II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6,
        Class II-M-7, Class II-M-8, Class II-M-9, Class II-M-10 and Class II-M-11
        Certificates.

       

      Class
        P Certificates:
        Any of
        the Class I-P Certificates and Class II-P Certificates.

       

      Class
        P Interest:
        Any of
        the Class I-P Interest and Class II-P Interest.

       

      Class
        R Certificate:
        Any of
        the Class I-R-1, Class I-R-2, Class I-R-3, Class I-RX, Class II-R-1 and Class
        II-RX Certificates.

       

      Class
        I-A Certificates:
        Any of
        the Class I-A-1, Class I-A-2 and Class I-A-3 Certificates.

       

      Class
        I-A Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the related Principal
        Distribution Amount for such Distribution Date and (y) the excess, if any,
        of
        (i) the aggregate Certificate Principal Balance of the Class I-A Certificates
        immediately prior to such Distribution Date, over (ii) the lesser of (a)
        the
        product of (1) 50.60% and (2) the aggregate Stated Principal Balance of the
        Group I Mortgage Loans as of the last day of the related Due Period (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (b) the aggregate
        Stated Principal Balance of the Group I Mortgage Loans as of the last day
        of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $933,815.

       

      Class
        I-A-1 Certificate:
        Any
        Certificate designated as a “Class I-A-1 Certificate” on the face thereof, in
        the form of Exhibit A-1 hereto, representing the right to the Percentage
        Interest of distributions provided for the Class I-A-1 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-A-2 Certificate:
        Any
        Certificate designated as a “Class I-A-2 Certificate” on the face thereof, in
        the form of Exhibit A-1 hereto, representing the right to the Percentage
        Interest of distributions provided for the Class I-A-2 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-A-3 Certificate:
        Any
        Certificate designated as a “Class I-A-3 Certificate” on the face thereof, in
        the form of Exhibit A-1 hereto, representing the right to the Percentage
        Interest of distributions provided for the Class I-A-3 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-CE Certificate:
        Any
        Certificate designated as a “Class I-CE Certificate” on the face thereof, in the
        form of Exhibit A-4 hereto, representing the right to its Percentage Interest
        of
        distributions provided for the Class I-CE Certificates herein and evidencing
        (i)
        a Regular Interest in REMIC V, (ii) the obligation to pay related Basis Risk
        Shortfall Carry Forward Amounts and (iii) the right to receive related Class
        IO
        Distribution Amounts.

       

      Class
        I-CE Distribution Amount:
        With
        respect to any Distribution Date, the sum of (i) the Current Interest for
        the
        Class I-CE Interest for such Distribution Date, (ii) any Group I
        Overcollateralization Release Amount for such Distribution Date and (iii)
        without duplication, any Subsequent Recoveries related to Loan Group I not
        distributed to the Class I-A Certificates and Class I-M Certificates on such
        Distribution Date; provided, however that on any Distribution Date after
        the
        Distribution Date on which the Certificate Principal Balances of the Class
        I-A
        Certificates and Class I-M Certificates have been reduced to zero, the Class
        I-CE Distribution Amount shall include the Group I Overcollateralization
        Amount.

       

      Class
        I-CE Interest:
        An
        uncertificated interest in the Trust Fund held by the Trustee on behalf of
        the
        Holders of the Class I-CE Certificates, evidencing a Regular Interest in
        REMIC
        IV for purposes of the REMIC Provisions.

       

      Class
        I-IO Interest:
        An
        uncertificated interest in the Trust Fund held by the Trustee on behalf of
        the
        holders of REMIC VII Regular Interest IO, evidencing a Regular Interest in
        REMIC
        IV for purposes of the REMIC Provisions.

       

      Class
        I-M Certificates:
        Any of
        the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class
        I-M-6, Class I-M-7, Class I-M-8, Class I-M-9, Class I-M-10 and Class I-M-11
        Certificates.

       

      Class
        I-M-1 Certificate:
        Any
        Certificate designated as a “Class I-M-1 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-1 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-1 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount and (y) the excess, if any, of
        (a)
        the sum of (1) the aggregate Certificate Principal Balance of the Class I-A
        Certificates (after taking into account the distribution of the Class I-A
        Principal Distribution Amount on such Distribution Date) and (2) the Certificate
        Principal Balance of the Class I-M-1 Certificates immediately prior to such
        Distribution Date, over (b) the lesser of (1) the product of (x) 59.30% and
        (y)
        the aggregate Stated Principal Balance of the Group I Mortgage Loans as of
        the
        last day of the related Due Period (after giving effect to scheduled payments
        of
        principal due during the related Due Period, to the extent received or advanced,
        and unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period), and (2) the aggregate Stated Principal Balance of the Group I Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $933,815.

       

      Class
        I-M-2 Certificate:
        Any
        Certificate designated as a “Class I-M-2 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-2 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-2 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount and the Class I-M-1 Principal
        Distribution Amount and (y) the excess, if any, of (a) the sum of (1) the
        aggregate Certificate Principal Balance of the Class I-A Certificates (after
        taking into account the distribution of the Class I-A Principal Distribution
        Amount on such Distribution Date), (2) the Certificate Principal Balance
        of the
        Class I-M-1 Certificates (after taking into account the distribution of the
        Class I-M-1 Principal Distribution Amount on such Distribution Date) and
        (3) the
        Certificate Principal Balance of the Class I-M-2 Certificates immediately
        prior
        to such Distribution Date, over (b) the lesser of (1) the product of (x)
        67.40%
        and (y) the aggregate Stated Principal Balance of the Mortgage Loans in Loan
        Group I as of the last day of the related Due Period (after giving effect
        to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period), and (2) the aggregate Stated Principal Balance
        of the Mortgage Loans in Loan Group I as of the last day of the related Due
        Period (after giving effect to scheduled payments of principal due during
        the
        related Due Period, to the extent received or advanced, and unscheduled
        collections of principal received during the related Prepayment Period, and
        after reduction for Realized Losses incurred during the related Due Period)
        minus $933,815.

       

      Class
        I-M-3 Certificate:
        Any
        Certificate designated as a “Class I-M-3 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-3 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-3 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount and the Class I-M-2 Principal Distribution Amount and
        (y)
        the excess, if any, of (a) the sum of (1) the aggregate Certificate Principal
        Balance of the Class I-A Certificates (after taking into account the
        distribution of the Class I-A Principal Distribution Amount on such Distribution
        Date), (2) the Certificate Principal Balance of the Class I-M-1 Certificates
        (after taking into account the distribution of the Class I-M-1 Principal
        Distribution Amount on such Distribution Date), (3) the Certificate Principal
        Balance of the Class I-M-2 Certificates (after taking into account the
        distribution of the Class I-M-2 Principal Distribution Amount on such
        Distribution Date) and (4) the Certificate Principal Balance of the Class
        I-M-3
        Certificates immediately prior to such Distribution Date, over (b) the lesser
        of
        (1) the product of (x) 72.10% and (y) the aggregate Stated Principal Balance
        of
        the Group I Mortgage Loans as of the last day of the related Due Period (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (2) the aggregate
        Stated Principal Balance of the Group I Mortgage Loans as of the last day
        of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $933,815.

       

      Class
        I-M-4 Certificate:
        Any
        Certificate designated as a “Class I-M-4 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-4 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-4 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount and the
        Class
        I-M-3 Principal Distribution Amount and (y) the excess, if any, of (a) the
        sum
        of (1) the aggregate Certificate Principal Balance of the Class I-A Certificates
        (after taking into account the distribution of the Class I-A Principal
        Distribution Amount on such Distribution Date), (2) the Certificate Principal
        Balance of the Class I-M-1 Certificates (after taking into account the
        distribution of the Class I-M-1 Principal Distribution Amount on such
        Distribution Date), (3) the Certificate Principal Balance of the Class I-M-2
        Certificates (after taking into account the distribution of the Class I-M-2
        Principal Distribution Amount on such Distribution Date), (4) the Certificate
        Principal Balance of the Class I-M-3 Certificates (after taking into account
        the
        distribution of the Class I-M-3 Principal Distribution Amount on such
        Distribution Date) and (5) the Certificate Principal Balance of the Class
        I-M-4
        Certificates immediately prior to such Distribution Date, over (b) the lesser
        of
        (1) the product of (x) 76.20% and (y) the aggregate Stated Principal Balance
        of
        the Group I Mortgage Loans as of the last day of the related Due Period (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (2) the aggregate
        Stated Principal Balance of the Group I Mortgage Loans as of the last day
        of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $933,815.

       

      Class
        I-M-5 Certificate:
        Any
        Certificate designated as a “Class I-M-5 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-5 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-5 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount, the Class
        I-M-3 Principal Distribution Amount and the Class I-M-4 Principal Distribution
        Amount and (y) the excess, if any, of (a) the sum of (1) the aggregate
        Certificate Principal Balance of the Class I-A Certificates (after taking
        into
        account the distribution of the Class I-A Principal Distribution Amount on
        such
        Distribution Date), (2) the Certificate Principal Balance of the Class I-M-1
        Certificates (after taking into account the distribution of the Class I-M-1
        Principal Distribution Amount on such Distribution Date), (3) the Certificate
        Principal Balance of the Class I-M-2 Certificates (after taking into account
        the
        distribution of the Class I-M-2 Principal Distribution Amount on such
        Distribution Date), (4) the Certificate Principal Balance of the Class I-M-3
        Certificates (after taking into account the distribution of the Class I-M-3
        Principal Distribution Amount on such Distribution Date), (5) the Certificate
        Principal Balance of the Class I-M-4 Certificates (after taking into account
        the
        distribution of the Class I-M-4 Principal Distribution Amount on such
        Distribution Date) and (6) the Certificate Principal Balance of the Class
        I-M-5
        Certificates immediately prior to such Distribution Date, over (b) the lesser
        of
        (1) the product of (x) 80.10% and (y) the aggregate Stated Principal Balance
        of
        the Group I Mortgage Loans as of the last day of the related Due Period (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (2) the aggregate
        Stated Principal Balance of the Group I Mortgage Loans as of the last day
        of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $933,815.

       

      Class
        I-M-6 Certificate:
        Any
        Certificate designated as a “Class I-M-6 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-6 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-6 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount, the Class
        I-M-3 Principal Distribution Amount, the Class I-M-4 Principal Distribution
        Amount and the Class I-M-5 Principal Distribution Amount and (y) the excess,
        if
        any, of (a) the sum of (1) the aggregate Certificate Principal Balance of
        the
        Class I-A Certificates (after taking into account the distribution of the
        Class
        I-A Principal Distribution Amount on such Distribution Date), (2) the
        Certificate Principal Balance of the Class I-M-1 Certificates (after taking
        into
        account the distribution of the Class I-M-1 Principal Distribution Amount
        on
        such Distribution Date), (3) the Certificate Principal Balance of the Class
        I-M-2 Certificates (after taking into account the distribution of the Class
        I-M-2 Principal Distribution Amount on such Distribution Date), (4) the
        Certificate Principal Balance of the Class I-M-3 Certificates (after taking
        into
        account the distribution of the Class I-M-3 Principal Distribution Amount
        on
        such Distribution Date), (5) the Certificate Principal Balance of the Class
        I-M-4 Certificates (after taking into account the distribution of the Class
        I-M-4 Principal Distribution Amount on such Distribution Date), (6) the
        Certificate Principal Balance of the Class I-M-5 Certificates (after taking
        into
        account the distribution of the Class I-M-5 Principal Distribution Amount
        on
        such Distribution Date) and (7) the Certificate Principal Balance of the
        Class
        I-M-6 Certificates immediately prior to such Distribution Date, over (b)
        the
        lesser of (1) the product of (x) 83.70% and (y) the aggregate Stated Principal
        Balance of the Group I Mortgage Loans as of the last day of the related Due
        Period (after giving effect to scheduled payments of principal due during
        the
        related Due Period, to the extent received or advanced, and unscheduled
        collections of principal received during the related Prepayment Period, and
        after reduction for Realized Losses incurred during the related Due Period),
        and
        (2) the aggregate Stated Principal Balance of the Group I Mortgage Loans
        as of
        the last day of the related Due Period (after giving effect to scheduled
        payments of principal due during the related Due Period, to the extent received
        or advanced, and unscheduled collections of principal received during the
        related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $933,815.

       

      Class
        I-M-7 Certificate:
        Any
        Certificate designated as a “Class I-M-7 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-7 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-7 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount, the Class
        I-M-3 Principal Distribution Amount, the Class I-M-4 Principal Distribution
        Amount, the Class I-M-5 Principal Distribution Amount and the Class I-M-6
        Principal Distribution Amount and (y) the excess, if any, of (a) the sum
        of (1)
        the aggregate Certificate Principal Balance of the Class I-A Certificates
        (after
        taking into account the distribution of the Class I-A Principal Distribution
        Amount on such Distribution Date), (2) the Certificate Principal Balance
        of the
        Class I-M-1 Certificates (after taking into account the distribution of the
        Class I-M-1 Principal Distribution Amount on such Distribution Date), (3)
        the
        Certificate Principal Balance of the Class I-M-2 Certificates (after taking
        into
        account the distribution of the Class I-M-2 Principal Distribution Amount
        on
        such Distribution Date), (4) the Certificate Principal Balance of the Class
        I-M-3 Certificates (after taking into account the distribution of the Class
        I-M-3 Principal Distribution Amount on such Distribution Date), (5) the
        Certificate Principal Balance of the Class I-M-4 Certificates (after taking
        into
        account the distribution of the Class I-M-4 Principal Distribution Amount
        on
        such Distribution Date), (6) the Certificate Principal Balance of the Class
        I-M-5 Certificates (after taking into account the distribution of the Class
        I-M-5 Principal Distribution Amount on such Distribution Date) (7) the
        Certificate Principal Balance of the Class I-M-6 Certificates (after taking
        into
        account the distribution of the Class I-M-6 Principal Distribution Amount
        on
        such Distribution Date) and (8) the Certificate Principal Balance of the
        Class
        I-M-7 Certificates immediately prior to such Distribution Date, over (b)
        the
        lesser of (1) the product of (x) 87.10% and (y) the aggregate Stated Principal
        Balance of the Group I Mortgage Loans as of the last day of the related Due
        Period (after giving effect to scheduled payments of principal due during
        the
        related Due Period, to the extent received or advanced, and unscheduled
        collections of principal received during the related Prepayment Period, and
        after reduction for Realized Losses incurred during the related Due Period),
        and
        (2) the aggregate Stated Principal Balance of the Group I Mortgage Loans
        as of
        the last day of the related Due Period (after giving effect to scheduled
        payments of principal due during the related Due Period, to the extent received
        or advanced, and unscheduled collections of principal received during the
        related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $933,815.

       

      Class
        I-M-8 Certificate:
        Any
        Certificate designated as a “Class I-M-8 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-8 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-8 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount, the Class
        I-M-3 Principal Distribution Amount, the Class I-M-4 Principal Distribution
        Amount, the Class I-M-5 Principal Distribution Amount, the Class I-M-6 Principal
        Distribution Amount and the Class I-M-7 Principal Distribution Amount and
        (y)
        the excess, if any, of (a) the sum of (1) the aggregate Certificate Principal
        Balance of the Class I-A Certificates (after taking into account the
        distribution of the Class I-A Principal Distribution Amount on such Distribution
        Date), (2) the Certificate Principal Balance of the Class I-M-1 Certificates
        (after taking into account the distribution of the Class I-M-1 Principal
        Distribution Amount on such Distribution Date), (3) the Certificate Principal
        Balance of the Class I-M-2 Certificates (after taking into account the
        distribution of the Class I-M-2 Principal Distribution Amount on such
        Distribution Date), (4) the Certificate Principal Balance of the Class I-M-3
        Certificates (after taking into account the distribution of the Class I-M-3
        Principal Distribution Amount on such Distribution Date), (5) the Certificate
        Principal Balance of the Class I-M-4 Certificates (after taking into account
        the
        distribution of the Class I-M-4 Principal Distribution Amount on such
        Distribution Date), (6) the Certificate Principal Balance of the Class I-M-5
        Certificates (after taking into account the distribution of the Class I-M-5
        Principal Distribution Amount on such Distribution Date) (7) the Certificate
        Principal Balance of the Class I-M-6 Certificates (after taking into account
        the
        distribution of the Class I-M-6 Principal Distribution Amount on such
        Distribution Date), (8) the Certificate Principal Balance of the Class I-M-7
        Certificates (after taking into account the distribution of the Class I-M-7
        Principal Distribution Amount on such Distribution Date) and (9) the Certificate
        Principal Balance of the Class I-M-8 Certificates immediately prior to such
        Distribution Date, over (b) the lesser of (1) the product of (x) 90.00% and
        (y)
        the aggregate Stated Principal Balance of the Group I Mortgage Loans as of
        the
        last day of the related Due Period (after giving effect to scheduled payments
        of
        principal due during the related Due Period, to the extent received or advanced,
        and unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period), and (2) the aggregate Stated Principal Balance of the Group I Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $933,815.

       

      Class
        I-M-9 Certificate:
        Any
        Certificate designated as a “Class I-M-9 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-9 Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-9 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount, the Class
        I-M-3 Principal Distribution Amount, the Class I-M-4 Principal Distribution
        Amount, the Class I-M-5 Principal Distribution Amount, the Class I-M-6 Principal
        Distribution Amount, the Class I-M-7 Principal Distribution Amount and the
        Class
        I-M-8 Principal Distribution Amount and (y) the excess, if any, of (a) the
        sum
        of (1) the aggregate Certificate Principal Balance of the Class I-A Certificates
        (after taking into account the distribution of the Class I-A Principal
        Distribution Amount on such Distribution Date), (2) the Certificate Principal
        Balance of the Class I-M-1 Certificates (after taking into account the
        distribution of the Class I-M-1 Principal Distribution Amount on such
        Distribution Date), (3) the Certificate Principal Balance of the Class I-M-2
        Certificates (after taking into account the distribution of the Class I-M-2
        Principal Distribution Amount on such Distribution Date), (4) the Certificate
        Principal Balance of the Class I-M-3 Certificates (after taking into account
        the
        distribution of the Class I-M-3 Principal Distribution Amount on such
        Distribution Date), (5) the Certificate Principal Balance of the Class I-M-4
        Certificates (after taking into account the distribution of the Class I-M-4
        Principal Distribution Amount on such Distribution Date), (6) the Certificate
        Principal Balance of the Class I-M-5 Certificates (after taking into account
        the
        distribution of the Class I-M-5 Principal Distribution Amount on such
        Distribution Date) (7) the Certificate Principal Balance of the Class I-M-6
        Certificates (after taking into account the distribution of the Class I-M-6
        Principal Distribution Amount on such Distribution Date), (8) the Certificate
        Principal Balance of the Class I-M-7 Certificates (after taking into account
        the
        distribution of the Class I-M-7 Principal Distribution Amount on such
        Distribution Date), (9) the Certificate Principal Balance of the Class I-M-8
        Certificates (after taking into account the distribution of the Class I-M-8
        Principal Distribution Amount on such Distribution Date) and (10) the
        Certificate Principal Balance of the Class I-M-9 Certificates immediately
        prior
        to such Distribution Date, over (b) the lesser of (1) the product of (x)
        92.40%
        and (y) the aggregate Stated Principal Balance of the Group I Mortgage Loans
        as
        of the last day of the related Due Period (after giving effect to scheduled
        payments of principal due during the related Due Period, to the extent received
        or advanced, and unscheduled collections of principal received during the
        related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period), and (2) the aggregate Stated Principal Balance
        of the Group I Mortgage Loans as of the last day of the related Due Period
        (after giving effect to scheduled payments of principal due during the related
        Due Period, to the extent received or advanced, and unscheduled collections
        of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period) minus
        $933,815.

       

      Class
        I-M-10 Certificate:
        Any
        Certificate designated as a “Class I-M-10 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-10 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-10 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount, the Class
        I-M-3 Principal Distribution Amount, the Class I-M-4 Principal Distribution
        Amount, the Class I-M-5 Principal Distribution Amount, the Class I-M-6 Principal
        Distribution Amount, the Class I-M-7 Principal Distribution Amount, the Class
        I-M-8 Principal Distribution Amount and the Class I-M-9 Principal Distribution
        Amount and (y) the excess, if any, of (a) the sum of (1) the aggregate
        Certificate Principal Balance of the Class I-A Certificates (after taking
        into
        account the distribution of the Class I-A Principal Distribution Amount on
        such
        Distribution Date), (2) the Certificate Principal Balance of the Class I-M-1
        Certificates (after taking into account the distribution of the Class I-M-1
        Principal Distribution Amount on such Distribution Date), (3) the Certificate
        Principal Balance of the Class I-M-2 Certificates (after taking into account
        the
        distribution of the Class I-M-2 Principal Distribution Amount on such
        Distribution Date), (4) the Certificate Principal Balance of the Class I-M-3
        Certificates (after taking into account the distribution of the Class I-M-3
        Principal Distribution Amount on such Distribution Date), (5) the Certificate
        Principal Balance of the Class I-M-4 Certificates (after taking into account
        the
        distribution of the Class I-M-4 Principal Distribution Amount on such
        Distribution Date), (6) the Certificate Principal Balance of the Class I-M-5
        Certificates (after taking into account the distribution of the Class I-M-5
        Principal Distribution Amount on such Distribution Date) (7) the Certificate
        Principal Balance of the Class I-M-6 Certificates (after taking into account
        the
        distribution of the Class I-M-6 Principal Distribution Amount on such
        Distribution Date), (8) the Certificate Principal Balance of the Class I-M-7
        Certificates (after taking into account the distribution of the Class I-M-7
        Principal Distribution Amount on such Distribution Date), (9) the Certificate
        Principal Balance of the Class I-M-8 (after taking into account the distribution
        of the Class I-M-8 Principal Distribution Amount on such Distribution Date),
        (10) the Certificate Principal Balance of the Class I-M-9 Certificates (after
        taking into account the distribution of the Class I-M-9 Principal Distribution
        Amount on such Distribution Date) and (11) the Certificate Principal Balance
        of
        the Class I-M-10 Certificates immediately prior to such Distribution Date,
        over
        (b) the lesser of (1) the product of (x) 94.20% and (y) the aggregate Stated
        Principal Balance of the Group I Mortgage Loans as of the last day of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period), and (2) the aggregate Stated Principal Balance of the Group I Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $933,815.

       

      Class
        I-M-11 Certificate:
        Any
        Certificate designated as a “Class I-M-11 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class I-M-11 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        I-M-11 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class I-A Principal Distribution Amount, the Class I-M-1 Principal
        Distribution Amount, the Class I-M-2 Principal Distribution Amount, the Class
        I-M-3 Principal Distribution Amount, the Class I-M-4 Principal Distribution
        Amount, the Class I-M-5 Principal Distribution Amount, the Class I-M-6 Principal
        Distribution Amount, the Class I-M-7 Principal Distribution Amount, the Class
        I-M-8 Principal Distribution Amount, the Class I-M-9 Principal Distribution
        Amount and the Class I-M-10 Principal Distribution Amount and (y) the excess,
        if
        any, of (a) the sum of (1) the aggregate Certificate Principal Balance of
        the
        Class I-A Certificates (after taking into account the distribution of the
        Class
        I-A Principal Distribution Amount on such Distribution Date), (2) the
        Certificate Principal Balance of the Class I-M-1 Certificates (after taking
        into
        account the distribution of the Class I-M-1 Principal Distribution Amount
        on
        such Distribution Date), (3) the Certificate Principal Balance of the Class
        I-M-2 Certificates (after taking into account the distribution of the Class
        I-M-2 Principal Distribution Amount on such Distribution Date), (4) the
        Certificate Principal Balance of the Class I-M-3 Certificates (after taking
        into
        account the distribution of the Class I-M-3 Principal Distribution Amount
        on
        such Distribution Date), (5) the Certificate Principal Balance of the Class
        I-M-4 Certificates (after taking into account the distribution of the Class
        I-M-4 Principal Distribution Amount on such Distribution Date), (6) the
        Certificate Principal Balance of the Class I-M-5 Certificates (after taking
        into
        account the distribution of the Class I-M-5 Principal Distribution Amount
        on
        such Distribution Date) (7) the Certificate Principal Balance of the Class
        I-M-6
        Certificates (after taking into account the distribution of the Class I-M-6
        Principal Distribution Amount on such Distribution Date), (8) the Certificate
        Principal Balance of the Class I-M-7 Certificates (after taking into account
        the
        distribution of the Class I-M-7 Principal Distribution Amount on such
        Distribution Date), (9) the Certificate Principal Balance of the Class I-M-8
        Certificates (after taking into account the distribution of the Class I-M-8
        Principal Distribution Amount on such Distribution Date), (10) the Certificate
        Principal Balance of the Class I-M-9 Certificates (after taking into account
        the
        distribution of the Class I-M-9 Principal Distribution Amount on such
        Distribution Date), (11) the Certificate Principal Balance of the Class I-M-10
        Certificates (after taking into account the distribution of the Class I-M-10
        Principal Distribution Amount on such Distribution Date) and (12) the
        Certificate Principal Balance of the Class I-M-11 Certificates immediately
        prior
        to such Distribution Date, over (b) the lesser of (1) the product of (x)
        96.10%
        and (y) the aggregate Stated Principal Balance of the Group I Mortgage Loans
        as
        of the last day of the related Due Period (after giving effect to scheduled
        payments of principal due during the related Due Period, to the extent received
        or advanced, and unscheduled collections of principal received during the
        related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period), and (2) the aggregate Stated Principal Balance
        of the Group I Mortgage Loans as of the last day of the related Due Period
        (after giving effect to scheduled payments of principal due during the related
        Due Period, to the extent received or advanced, and unscheduled collections
        of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period) minus
        $933,815.

       

      Class
        I-P Certificate:
        Any
        Certificate designated as a “Class I-P Certificate” on the face thereof, in the
        form of Exhibit A-3 hereto, representing the right to its Percentage Interest
        of
        distributions provided for the Class I-P Certificates as set forth herein
        and
        evidencing (i) a Regular Interest in REMIC VI and (ii) the right to receive
        any
        Prepayment Charge Waiver Amounts with respect to Loan Group I.

       

      Class
        I-P Interest:
        An
        uncertificated interest in the Trust Fund held by the Trustee on behalf of
        the
        Holders of the Class I-P Certificates, evidencing a Regular Interest in REMIC
        IV
        for purposes of the REMIC Provisions.

       

      Class
        I-P Certificate Account:
        The
        separate Eligible Account created and maintained by the Trustee pursuant
        to
        Section 4.06 in the name of the Trustee for the benefit of the Class I-P
        Certificateholders.

       

      Class
        I-R Certificate:
        Any of
        the Class I-R-1, Class I-R-2, Class I-R-3 and Class I-RX
        Certificates.

       

      Class
        I-R-1 Certificate:
        Any
        Certificate designated a “Class I-R-1 Certificate” on the face thereof, in the
        form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in
        REMIC
        I and representing the right to the Percentage Interest of distributions
        provided for the Class I-R-1 Certificates as set forth herein.

       

      Class
        I-R-2 Certificate:
        Any
        Certificate designated a “Class I-R-2 Certificate” on the face thereof, in the
        form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in
        REMIC
        III and representing the right to the Percentage Interest of distributions
        provided for the Class I-R-2 Certificates as set forth herein.

       

      Class
        I-R-3 Certificate:
        Any
        Certificate designated a “Class I-R-3 Certificate” on the face thereof, in the
        form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in
        REMIC
        IV and representing the right to the Percentage Interest of distributions
        provided for the Class I-R-3 Certificates as set forth herein.

       

      Class
        I-RX Certificate:
        Any
        Certificate designated a “Class I-RX Certificate” on the face thereof, in the
        form set forth in Exhibit A-5 hereto, evidencing the ownership of the Class
        I-R-5 Interest, Class I-R-6 Interest and Class I-R-7 Interest and representing
        the right to the Percentage Interest of distributions provided for the Class
        I-RX Certificates as set forth herein.

       

      Class
        I-R-5 Interest:
        The
        uncertificated Residual Interest in REMIC V.

       

      Class
        I-R-6 Interest:
        The
        uncertificated Residual Interest in REMIC VI.

       

      Class
        I-R-7 Interest:
        The
        uncertificated Residual Interest in REMIC VII.

       

      Class
        II-A Certificates:
        Any of
        the Class II-1A-1, Class II-1A-2, Class II-1A-3 and Class II-2A
        Certificates.

       

      Class
        II-1A Certificates:
        Any of
        the Class II-1A-1, Class II-1A-2 and Class II-1A-3 Certificates.

       

      Class
        II-1A Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the product of the Class II-A Principal
        Distribution Amount and a fraction, the numerator of which is the Principal
        Funds for Subgroup II-1 for such Distribution Date and the denominator of
        which
        is the aggregate Principal Funds for Subgroup II-1 and Subgroup II-2 for
        such
        Distribution Date.

       

      Class
        II-2A Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the product of the Class II-A Principal
        Distribution Amount and a fraction, the numerator of which is the Principal
        Funds for Subgroup II-2 for such Distribution Date and the denominator of
        which
        is the aggregate Principal Funds for Subgroup II-1 and Subgroup II-2 for
        such
        Distribution Date.

       

      Class
        II-A Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the related Principal
        Distribution Amount for such Distribution Date and (y) the excess, if any,
        of
        (i) the aggregate Certificate Principal Balance of the Class II-A Certificates
        immediately prior to such Distribution Date, over (ii) the lesser of (a)
        the
        product of (1) 53.20% and (2) the aggregate Stated Principal Balance of the
        Group II Mortgage Loans as of the last day of the related Due Period (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (b) the aggregate
        Stated Principal Balance of the Group II Mortgage Loans as of the last day
        of
        the related Due Period (after giving effect to scheduled payments of principal
        due during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $2,071,781.

       

      Class
        II-1A-1 Certificate:
        Any
        Certificate designated as a “Class II-1A-1 Certificate” on the face thereof, in
        the form of Exhibit A-1 hereto, representing the right to the Percentage
        Interest of distributions provided for the Class II-1A-1 Certificates as
        set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-1A-2 Certificate:
        Any
        Certificate designated as a “Class II-1A-2 Certificate” on the face thereof, in
        the form of Exhibit A-1 hereto, representing the right to the Percentage
        Interest of distributions provided for the Class II-1A-2 Certificates as
        set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-1A-3 Certificate:
        Any
        Certificate designated as a “Class II-1A-3 Certificate” on the face thereof, in
        the form of Exhibit A-1 hereto, representing the right to the Percentage
        Interest of distributions provided for the Class II-1A-3 Certificates as
        set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts

       

      Class
        II-2A Certificate:
        Any
        Certificate designated as a “Class II-2A Certificate” on the face thereof, in
        the form of Exhibit A-1 hereto, representing the right to the Percentage
        Interest of distributions provided for the Class II-2A Certificates as set
        forth
        herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts

       

      Class
        II-CE Certificate:
        Any
        Certificate designated as a “Class II-CE Certificate” on the face thereof, in
        the form of Exhibit A-4 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-CE Certificates herein
        and
        evidencing (i) a Regular Interest in REMIC VIII, (ii) the obligation to pay
        related Basis Risk Shortfall Carry Forward Amounts and (iii) the right to
        receive related Class IO Distribution Amounts.

       

      Class
        II-CE Distribution Amount:
        With
        respect to any Distribution Date, the sum of (i) the Current Interest for
        the
        Class II-CE Interest for such Distribution Date, (ii) any Group II
        Overcollateralization Release Amount for such Distribution Date and (iii)
        without duplication, any Subsequent Recoveries related to Loan Group II not
        distributed to the Class II-A Certificates and Class II-M Certificates on
        such
        Distribution Date; provided, however, on any Distribution Date after the
        Distribution Date on which the Certificate Principal Balances of the Class
        II-A
        Certificates and Class II-M Certificates have been reduced to zero, the Class
        II-CE Distribution Amount shall include the Group II Overcollateralization
        Amount.

       

      Class
        II-CE Interest:
        An
        uncertificated interest in the Trust Fund held by the Trustee on behalf of
        the
        Holders of the Class II-CE Certificates, evidencing a Regular Interest in
        REMIC
        IV for purposes of the REMIC Provisions.

       

      Class
        II-IO Interest:
        An
        uncertificated interest in the Trust Fund held by the Trustee on behalf of
        the
        holders of REMIC X Regular Interest IO, evidencing a Regular Interest in
        REMIC
        IV for purposes of the REMIC Provisions.

       

      Class
        II-M Certificates:
        Any of
        the Class II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5,
        Class
        II-M-6, Class II-M-7, Class II-M-8, Class II-M-9, Class II-M-10 and Class
        II-M-11 Certificates.

       

      Class
        II-M-1 Certificate:
        Any
        Certificate designated as a “Class II-M-1 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-1 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-1 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount and (y) the excess, if any,
        of (a)
        the sum of (1) the aggregate Certificate Principal Balance of the Class II-A
        Certificates (after taking into account the distribution of the Class II-A
        Principal Distribution Amount on such Distribution Date) and (2) the Certificate
        Principal Balance of the Class II-M-1 Certificates immediately prior to such
        Distribution Date, over (b) the lesser of (1) the product of (x) 61.30%
        and
        (y) the aggregate Stated Principal Balance of the Group II Mortgage Loans
        as of
        the last day of the related Due Period (after giving effect to scheduled
        payments of principal due during the related Due Period, to the extent received
        or advanced, and unscheduled collections of principal received during the
        related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period), and (2) the aggregate Stated Principal Balance
        of the Group II Mortgage Loans as of the last day of the related Due Period
        (after giving effect to scheduled payments of principal due during the related
        Due Period, to the extent received or advanced, and unscheduled collections
        of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period) minus
        $2,071,781.

       

      Class
        II-M-2 Certificate:
        Any
        Certificate designated as a “Class II-M-2 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-2 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV(ii) the right
        to
        receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-2 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount and the Class II-M-1 Principal
        Distribution Amount and (y) the excess, if any, of (a) the sum of (1) the
        aggregate Certificate Principal Balance of the Class II-A Certificates (after
        taking into account the distribution of the Class II-A Principal Distribution
        Amount on such Distribution Date), (2) the Certificate Principal Balance
        of the
        Class II-M-1 Certificates (after taking into account the distribution of
        the
        Class II-M-1 Principal Distribution Amount on such Distribution Date) and
        (3)
        the Certificate Principal Balance of the Class II-M-2 Certificates immediately
        prior to such Distribution Date, over (b) the lesser of (1) the product of
        (x)
        68.70% and (y) the aggregate Stated Principal Balance of the Group II Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period), and (2) the aggregate Stated Principal Balance
        of the Group II Mortgage Loans as of the last day of the related Due Period
        (after giving effect to scheduled payments of principal due during the related
        Due Period, to the extent received or advanced, and unscheduled collections
        of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period) minus
        $2,071,781.

       

      Class
        II-M-3 Certificate:
        Any
        Certificate designated as a “Class II-M-3 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-3 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-3 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount and the Class II-M-2 Principal Distribution Amount and
        (y)
        the excess, if any, of (a) the sum of (1) the aggregate Certificate Principal
        Balance of the Class II-A Certificates (after taking into account the
        distribution of the Class II-A Principal Distribution Amount on such
        Distribution Date), (2) the Certificate Principal Balance of the Class II-M-1
        Certificates (after taking into account the distribution of the Class II-M-1
        Principal Distribution Amount on such Distribution Date), (3) the Certificate
        Principal Balance of the Class II-M-2 Certificates (after taking into account
        the distribution of the Class II-M-2 Principal Distribution Amount on such
        Distribution Date) and (4) the Certificate Principal Balance of the Class
        II-M-3
        Certificates immediately prior to such Distribution Date, over (b) the lesser
        of
        (1) the product of (x) 73.30% and (y) the aggregate Stated Principal Balance
        of
        the Group II Mortgage Loans as of the last day of the related Due Period
        (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (2) the aggregate
        Stated Principal Balance of the Group II Mortgage Loans as of the last day
        of
        the related Due Period (after giving effect to scheduled payments of principal
        due during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $2,071,781.

       

      Class
        II-M-4 Certificate:
        Any
        Certificate designated as a “Class II-M-4 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-4 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-4 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount and the
        Class II-M-3 Principal Distribution Amount and (y) the excess, if any, of
        (a)
        the sum of (1) the aggregate Certificate Principal Balance of the Class II-A
        Certificates (after taking into account the distribution of the Class II-A
        Principal Distribution Amount on such Distribution Date), (2) the Certificate
        Principal Balance of the Class II-M-1 Certificates (after taking into account
        the distribution of the Class II-M-1 Principal Distribution Amount on such
        Distribution Date), (3) the Certificate Principal Balance of the Class II-M-2
        Certificates (after taking into account the distribution of the Class II-M-2
        Principal Distribution Amount on such Distribution Date), (4) the Certificate
        Principal Balance of the Class II-M-3 Certificates (after taking into account
        the distribution of the Class II-M-3 Principal Distribution Amount on such
        Distribution Date) and (5) the Certificate Principal Balance of the Class
        II-M-4
        Certificates immediately prior to such Distribution Date, over (b) the lesser
        of
        (1) the product of (x) 77.10% and (y) the aggregate Stated Principal Balance
        of
        the Group II Mortgage Loans as of the last day of the related Due Period
        (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (2) the aggregate
        Stated Principal Balance of the Group II Mortgage Loans as of the last day
        of
        the related Due Period (after giving effect to scheduled payments of principal
        due during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $2,071,781.

       

      Class
        II-M-5 Certificate:
        Any
        Certificate designated as a “Class II-M-5 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-5 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-5 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount, the
        Class
        II-M-3 Principal Distribution Amount and the Class II-M-4 Principal Distribution
        Amount and (y) the excess, if any, of (a) the sum of (1) the aggregate
        Certificate Principal Balance of the Class II-A Certificates (after taking
        into
        account the distribution of the Class II-A Principal Distribution Amount
        on such
        Distribution Date), (2) the Certificate Principal Balance of the Class II-M-1
        Certificates (after taking into account the distribution of the Class II-M-1
        Principal Distribution Amount on such Distribution Date), (3) the Certificate
        Principal Balance of the Class II-M-2 Certificates (after taking into account
        the distribution of the Class II-M-2 Principal Distribution Amount on such
        Distribution Date), (4) the Certificate Principal Balance of the Class II-M-3
        Certificates (after taking into account the distribution of the Class II-M-3
        Principal Distribution Amount on such Distribution Date), (5) the Certificate
        Principal Balance of the Class II-M-4 Certificates (after taking into account
        the distribution of the Class II-M-4 Principal Distribution Amount on such
        Distribution Date) and (6) the Certificate Principal Balance of the Class
        II-M-5
        Certificates immediately prior to such Distribution Date, over (b) the lesser
        of
        (1) the product of (x) 80.80% and (y) the aggregate Stated Principal Balance
        of
        the Group II Mortgage Loans as of the last day of the related Due Period
        (after
        giving effect to scheduled payments of principal due during the related Due
        Period, to the extent received or advanced, and unscheduled collections of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period), and (2) the aggregate
        Stated Principal Balance of the Group II Mortgage Loans as of the last day
        of
        the related Due Period (after giving effect to scheduled payments of principal
        due during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) minus $2,071,781.

       

      Class
        II-M-6 Certificate:
        Any
        Certificate designated as a “Class II-M-6 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-6 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-6 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount, the
        Class
        II-M-3 Principal Distribution Amount, the Class II-M-4 Principal Distribution
        Amount and the Class II-M-5 Principal Distribution Amount and (y) the excess,
        if
        any, of (a) the sum of (1) the aggregate Certificate Principal Balance of
        the
        Class II-A Certificates (after taking into account the distribution of the
        Class
        II-A Principal Distribution Amount on such Distribution Date), (2) the
        Certificate Principal Balance of the Class II-M-1 Certificates (after taking
        into account the distribution of the Class II-M-1 Principal Distribution
        Amount
        on such Distribution Date), (3) the Certificate Principal Balance of the
        Class
        II-M-2 Certificates (after taking into account the distribution of the Class
        II-M-2 Principal Distribution Amount on such Distribution Date), (4) the
        Certificate Principal Balance of the Class II-M-3 Certificates (after taking
        into account the distribution of the Class II-M-3 Principal Distribution
        Amount
        on such Distribution Date), (5) the Certificate Principal Balance of the
        Class
        II-M-4 Certificates (after taking into account the distribution of the Class
        II-M-4 Principal Distribution Amount on such Distribution Date), (6) the
        Certificate Principal Balance of the Class II-M-5 Certificates (after taking
        into account the distribution of the Class II-M-5 Principal Distribution
        Amount
        on such Distribution Date) and (7) the Certificate Principal Balance of the
        Class II-M-6 Certificates immediately prior to such Distribution Date, over
        (b)
        the lesser of (1) the product of (x) 84.20% and (y) the aggregate Stated
        Principal Balance of the Group II Mortgage Loans as of the last day of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period), and (2) the aggregate Stated Principal Balance of the Group II Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $2,071,781.

       

      Class
        II-M-7 Certificate:
        Any
        Certificate designated as a “Class II-M-7 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-7 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-7 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount, the
        Class
        II-M-3 Principal Distribution Amount, the Class II-M-4 Principal Distribution
        Amount, the Class II-M-5 Principal Distribution Amount and the Class II-M-6
        Principal Distribution Amount and (y) the excess, if any, of (a) the sum
        of (1)
        the aggregate Certificate Principal Balance of the Class II-A Certificates
        (after taking into account the distribution of the Class II-A Principal
        Distribution Amount on such Distribution Date), (2) the Certificate Principal
        Balance of the Class II-M-1 Certificates (after taking into account the
        distribution of the Class II-M-1 Principal Distribution Amount on such
        Distribution Date), (3) the Certificate Principal Balance of the Class II-M-2
        Certificates (after taking into account the distribution of the Class II-M-2
        Principal Distribution Amount on such Distribution Date), (4) the Certificate
        Principal Balance of the Class II-M-3 Certificates (after taking into account
        the distribution of the Class II-M-3 Principal Distribution Amount on such
        Distribution Date), (5) the Certificate Principal Balance of the Class II-M-4
        Certificates (after taking into account the distribution of the Class II-M-4
        Principal Distribution Amount on such Distribution Date), (6) the Certificate
        Principal Balance of the Class II-M-5 Certificates (after taking into account
        the distribution of the Class II-M-5 Principal Distribution Amount on such
        Distribution Date) (7) the Certificate Principal Balance of the Class II-M-6
        Certificates (after taking into account the distribution of the Class II-M-6
        Principal Distribution Amount on such Distribution Date) and (8) the Certificate
        Principal Balance of the Class II-M-7 Certificates immediately prior to such
        Distribution Date, over (b) the lesser of (1) the product of (x) 87.40% and
        (y)
        the aggregate Stated Principal Balance of the Group II Mortgage Loans as
        of the
        last day of the related Due Period (after giving effect to scheduled payments
        of
        principal due during the related Due Period, to the extent received or advanced,
        and unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period), and (2) the aggregate Stated Principal Balance of the Group II Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $2,071,781.

       

      Class
        II-M-8 Certificate:
        Any
        Certificate designated as a “Class II-M-8 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-8 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-8 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount, the
        Class
        II-M-3 Principal Distribution Amount, the Class II-M-4 Principal Distribution
        Amount, the Class II-M-5 Principal Distribution Amount, the Class II-M-6
        Principal Distribution Amount and the Class II-M-7 Principal Distribution
        Amount
        and (y) the excess, if any, of (a) the sum of (1) the aggregate Certificate
        Principal Balance of the Class II-A Certificates (after taking into account
        the
        distribution of the Class II-A Principal Distribution Amount on such
        Distribution Date), (2) the Certificate Principal Balance of the Class II-M-1
        Certificates (after taking into account the distribution of the Class II-M-1
        Principal Distribution Amount on such Distribution Date), (3) the Certificate
        Principal Balance of the Class II-M-2 Certificates (after taking into account
        the distribution of the Class II-M-2 Principal Distribution Amount on such
        Distribution Date), (4) the Certificate Principal Balance of the Class II-M-3
        Certificates (after taking into account the distribution of the Class II-M-3
        Principal Distribution Amount on such Distribution Date), (5) the Certificate
        Principal Balance of the Class II-M-4 Certificates (after taking into account
        the distribution of the Class II-M-4 Principal Distribution Amount on such
        Distribution Date), (6) the Certificate Principal Balance of the Class II-M-5
        Certificates (after taking into account the distribution of the Class II-M-5
        Principal Distribution Amount on such Distribution Date) (7) the Certificate
        Principal Balance of the Class II-M-6 Certificates (after taking into account
        the distribution of the Class II-M-6 Principal Distribution Amount on such
        Distribution Date), (8) the Certificate Principal Balance of the Class II-M-7
        Certificates (after taking into account the distribution of the Class II-M-7
        Principal Distribution Amount on such Distribution Date) and (9) the Certificate
        Principal Balance of the Class II-M-8 Certificates immediately prior to such
        Distribution Date, over (b) the lesser of (1) the product of (x) 90.20% and
        (y)
        the aggregate Stated Principal Balance of the Group II Mortgage Loans as
        of the
        last day of the related Due Period (after giving effect to scheduled payments
        of
        principal due during the related Due Period, to the extent received or advanced,
        and unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period), and (2) the aggregate Stated Principal Balance of the Group II Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $2,071,781.

       

      Class
        II-M-9 Certificate:
        Any
        Certificate designated as a “Class II-M-9 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-9 Certificates as set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-9 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount, the
        Class
        II-M-3 Principal Distribution Amount, the Class II-M-4 Principal Distribution
        Amount, the Class II-M-5 Principal Distribution Amount, the Class II-M-6
        Principal Distribution Amount, the Class II-M-7 Principal Distribution Amount
        and the Class II-M-8 Principal Distribution Amount and (y) the excess, if
        any,
        of (a) the sum of (1) the aggregate Certificate Principal Balance of the
        Class
        II-A Certificates (after taking into account the distribution of the Class
        II-A
        Principal Distribution Amount on such Distribution Date), (2) the Certificate
        Principal Balance of the Class II-M-1 Certificates (after taking into account
        the distribution of the Class II-M-1 Principal Distribution Amount on such
        Distribution Date), (3) the Certificate Principal Balance of the Class II-M-2
        Certificates (after taking into account the distribution of the Class II-M-2
        Principal Distribution Amount on such Distribution Date), (4) the Certificate
        Principal Balance of the Class II-M-3 Certificates (after taking into account
        the distribution of the Class II-M-3 Principal Distribution Amount on such
        Distribution Date), (5) the Certificate Principal Balance of the Class II-M-4
        Certificates (after taking into account the distribution of the Class II-M-4
        Principal Distribution Amount on such Distribution Date), (6) the Certificate
        Principal Balance of the Class II-M-5 Certificates (after taking into account
        the distribution of the Class II-M-5 Principal Distribution Amount on such
        Distribution Date) (7) the Certificate Principal Balance of the Class II-M-6
        Certificates (after taking into account the distribution of the Class II-M-6
        Principal Distribution Amount on such Distribution Date), (8) the Certificate
        Principal Balance of the Class II-M-7 Certificates (after taking into account
        the distribution of the Class II-M-7 Principal Distribution Amount on such
        Distribution Date), (9) the Certificate Principal Balance of the Class II-M-8
        Certificates (after taking into account the distribution of the Class II-M-8
        Principal Distribution Amount on such Distribution Date) and (10) the
        Certificate Principal Balance of the Class II-M-9 Certificates immediately
        prior
        to such Distribution Date, over (b) the lesser of (1) the product of (x)
        92.50%
        and (y) the aggregate Stated Principal Balance of the Group II Mortgage Loans
        as
        of the last day of the related Due Period (after giving effect to scheduled
        payments of principal due during the related Due Period, to the extent received
        or advanced, and unscheduled collections of principal received during the
        related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period), and (2) the aggregate Stated Principal Balance
        of the Group II Mortgage Loans as of the last day of the related Due Period
        (after giving effect to scheduled payments of principal due during the related
        Due Period, to the extent received or advanced, and unscheduled collections
        of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period) minus
        $2,071,781.

       

      Class
        II-M-10 Certificate:
        Any
        Certificate designated as a “Class II-M-10 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-10 Certificates as
        set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-10 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount, the
        Class
        II-M-3 Principal Distribution Amount, the Class II-M-4 Principal Distribution
        Amount, the Class II-M-5 Principal Distribution Amount, the Class II-M-6
        Principal Distribution Amount, the Class II-M-7 Principal Distribution Amount,
        the Class II-M-8 Principal Distribution Amount and the Class II-M-9 Principal
        Distribution Amount and (y) the excess, if any, of (a) the sum of (1) the
        aggregate Certificate Principal Balance of the Class II-A Certificates (after
        taking into account the distribution of the Class II-A Principal Distribution
        Amount on such Distribution Date), (2) the Certificate Principal Balance
        of the
        Class II-M-1 Certificates (after taking into account the distribution of
        the
        Class II-M-1 Principal Distribution Amount on such Distribution Date), (3)
        the
        Certificate Principal Balance of the Class II-M-2 Certificates (after taking
        into account the distribution of the Class II-M-2 Principal Distribution
        Amount
        on such Distribution Date), (4) the Certificate Principal Balance of the
        Class
        II-M-3 Certificates (after taking into account the distribution of the Class
        II-M-3 Principal Distribution Amount on such Distribution Date), (5) the
        Certificate Principal Balance of the Class II-M-4 Certificates (after taking
        into account the distribution of the Class II-M-4 Principal Distribution
        Amount
        on such Distribution Date), (6) the Certificate Principal Balance of the
        Class
        II-M-5 Certificates (after taking into account the distribution of the Class
        II-M-5 Principal Distribution Amount on such Distribution Date) (7) the
        Certificate Principal Balance of the Class II-M-6 Certificates (after taking
        into account the distribution of the Class II-M-6 Principal Distribution
        Amount
        on such Distribution Date), (8) the Certificate Principal Balance of the
        Class
        II-M-7 Certificates (after taking into account the distribution of the Class
        II-M-7 Principal Distribution Amount on such Distribution Date), (9) the
        Certificate Principal Balance of the Class II-M-8 (after taking into account
        the
        distribution of the Class II-M-8 Principal Distribution Amount on such
        Distribution Date), (10) the Certificate Principal Balance of the Class II-M-9
        Certificates (after taking into account the distribution of the Class II-M-9
        Principal Distribution Amount on such Distribution Date) and (11) the
        Certificate Principal Balance of the Class II-M-10 Certificates immediately
        prior to such Distribution Date, over (b) the lesser of (1) the product of
        (x)
        94.50% and (y) the aggregate Stated Principal Balance of the Group II Mortgage
        Loans as of the last day of the related Due Period (after giving effect to
        scheduled payments of principal due during the related Due Period, to the
        extent
        received or advanced, and unscheduled collections of principal received during
        the related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period), and (2) the aggregate Stated Principal Balance
        of the Group II Mortgage Loans as of the last day of the related Due Period
        (after giving effect to scheduled payments of principal due during the related
        Due Period, to the extent received or advanced, and unscheduled collections
        of
        principal received during the related Prepayment Period, and after reduction
        for
        Realized Losses incurred during the related Due Period) minus
        $2,071,781.

       

      Class
        II-M-11 Certificate:
        Any
        Certificate designated as a “Class II-M-11 Certificate” on the face thereof, in
        the form of Exhibit A-2 hereto, representing the right to its Percentage
        Interest of distributions provided for the Class II-M-11 Certificates as
        set
        forth herein and evidencing (i) a Regular Interest in REMIC IV, (ii) the
        right
        to receive related Basis Risk Shortfall Carry Forward Amounts and (iii) the
        obligation to pay related Class IO Distribution Amounts.

       

      Class
        II-M-11 Principal Distribution Amount:
        For any
        Distribution Date, an amount equal to the lesser of (x) the remaining related
        Principal Distribution Amount for such Distribution Date after distribution
        of
        the Class II-A Principal Distribution Amount, the Class II-M-1 Principal
        Distribution Amount, the Class II-M-2 Principal Distribution Amount, the
        Class
        II-M-3 Principal Distribution Amount, the Class II-M-4 Principal Distribution
        Amount, the Class II-M-5 Principal Distribution Amount, the Class II-M-6
        Principal Distribution Amount, the Class II-M-7 Principal Distribution Amount,
        the Class II-M-8 Principal Distribution Amount, the Class II-M-9 Principal
        Distribution Amount and the Class II-M-10 Principal Distribution Amount and
        (y)
        the excess, if any, of (a) the sum of (1) the aggregate Certificate Principal
        Balance of the Class II-A Certificates (after taking into account the
        distribution of the Class II-A Principal Distribution Amount on such
        Distribution Date), (2) the Certificate Principal Balance of the Class II-M-1
        Certificates (after taking into account the distribution of the Class II-M-1
        Principal Distribution Amount on such Distribution Date), (3) the Certificate
        Principal Balance of the Class II-M-2 Certificates (after taking into account
        the distribution of the Class II-M-2 Principal Distribution Amount on such
        Distribution Date), (4) the Certificate Principal Balance of the Class II-M-3
        Certificates (after taking into account the distribution of the Class II-M-3
        Principal Distribution Amount on such Distribution Date), (5) the Certificate
        Principal Balance of the Class II-M-4 Certificates (after taking into account
        the distribution of the Class II-M-4 Principal Distribution Amount on such
        Distribution Date), (6) the Certificate Principal Balance of the Class II-M-5
        Certificates (after taking into account the distribution of the Class II-M-5
        Principal Distribution Amount on such Distribution Date) (7) the Certificate
        Principal Balance of the Class II-M-6 Certificates (after taking into account
        the distribution of the Class II-M-6 Principal Distribution Amount on such
        Distribution Date), (8) the Certificate Principal Balance of the Class II-M-7
        Certificates (after taking into account the distribution of the Class II-M-7
        Principal Distribution Amount on such Distribution Date), (9) the Certificate
        Principal Balance of the Class II-M-8 Certificates (after taking into account
        the distribution of the Class II-M-8 Principal Distribution Amount on such
        Distribution Date), (10) the Certificate Principal Balance of the Class II-M-9
        Certificates (after taking into account the distribution of the Class II-M-9
        Principal Distribution Amount on such Distribution Date), (11) the Certificate
        Principal Balance of the Class II-M-10 Certificates (after taking into account
        the distribution of the Class II-M-10 Principal Distribution Amount on such
        Distribution Date) and (12) the Certificate Principal Balance of the Class
        II-M-11 Certificates immediately prior to such Distribution Date, over (b)
        the
        lesser of (1) the product of (x) 96.50% and (y) the aggregate Stated Principal
        Balance of the Group II Mortgage Loans as of the last day of the related
        Due
        Period (after giving effect to scheduled payments of principal due during
        the
        related Due Period, to the extent received or advanced, and unscheduled
        collections of principal received during the related Prepayment Period, and
        after reduction for Realized Losses incurred during the related Due Period),
        and
        (2) the aggregate Stated Principal Balance of the Group II Mortgage Loans
        as of
        the last day of the related Due Period (after giving effect to scheduled
        payments of principal due during the related Due Period, to the extent received
        or advanced, and unscheduled collections of principal received during the
        related Prepayment Period, and after reduction for Realized Losses incurred
        during the related Due Period) minus $2,071,781.

       

      Class
        II-P Certificate:
        Any
        Certificate designated as a “Class II-P Certificate” on the face thereof, in the
        form of Exhibit A-3 hereto, representing the right to its Percentage Interest
        of
        distributions provided for the Class II-P Certificates as set forth herein
        and
        evidencing (i) a Regular Interest in REMIC IX and (ii) the right to receive
        any
        Prepayment Charge Waiver Amounts with respect to Loan Group II.

       

      Class
        II-P Interest:
        An
        uncertificated interest in the Trust Fund held by the Trustee on behalf of
        the
        Holders of the Class II-P Certificates, evidencing a Regular Interest in
        REMIC
        IV for purposes of the REMIC Provisions.

       

      Class
        II-P Certificate Account:
        The
        separate Eligible Account created and maintained by the Trustee pursuant
        to
        Section 4.06 in the name of the Trustee for the benefit of the Class II-P
        Certificateholders.

       

      Class
        II-R Certificate:
        Any of
        the Class II-R-1 Certificates and Class II-RX Certificates.

       

      Class
        II-R-1 Certificate:
        Any
        Certificate designated a “Class II-R-1 Certificate” on the face thereof, in the
        form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in
        REMIC
        II and representing the right to the Percentage Interest of distributions
        provided for the Class II-R-1 Certificates as set forth herein.

       

      Class
        II-RX Certificate:
        Any
        Certificate designated a “Class II-RX Certificate” on the face thereof, in the
        form set forth in Exhibit A-5 hereto, evidencing the ownership of the Class
        II-R-8 Interest, Class II-R-9 Interest and Class II-R-10 Interest and
        representing the right to the Percentage Interest of distributions provided
        for
        the Class II-RX Certificates as set forth herein.

       

      Class
        II-R-8
        Interest:
        The
        uncertificated Residual Interest in REMIC VIII.

       

      Class
        II-R-9 Interest:
        The
        uncertificated Residual Interest in REMIC IX.

       

      Class
        II-R-10 Interest:
        The
        uncertificated Residual Interest in REMIC X.

       

      Class
        IO Distribution Amount:
        Any of
        the Group I Class IO Distribution Amount or the Group II Class IO Distribution
        Amount.

       

      Closing
        Date:
        August
        30, 2006.

       

      Code:
        The
        Internal Revenue Code of 1986, including any successor or amendatory
        provisions.

       

      Commission:
        The
        U.S. Securities and Exchange Commission.

       

      Compensating
        Interest:
        An
        amount, not to exceed the Servicing Fee, to be deposited in the Protected
        Account by the Master Servicer to the payment of a Prepayment Interest Shortfall
        on a Mortgage Loan subject to this Agreement.

       

      Corporate
        Trust Office:
        The
        designated office of the Trustee where at any particular time its corporate
        trust business with respect to this Agreement shall be administered, which
        office at the date of the execution of this Agreement is located at 135 South
        LaSalle Street, Suite 1625, Chicago, Illinois, 60603 Attention: Global
        Securities and Trust Services Group - Bear Stearns Asset Backed Securities
        I
        LLC, Series 2006-HE7, or at such other address as the Trustee may designate
        from
        time to time.

       

      Corresponding
        Certificate:
        With
        respect to each REMIC III Regular Interest (other than REMIC III Regular
        Interests I-AA, I-ZZ, I-IO, I-P, II-AA, II-ZZ, II-IO, II-P, II-1-Sub, II-1-Grp,
        II-2-Sub, II-2-Grp and II-XX), the Certificate with the corresponding
        designation. With respect to each REMIC IV Regular Interest (other than the
        Class CE Interests, the Class P Interests and the Class IO Interests), the
        related Certificate representing ownership thereof.

       

      Current
        Interest:
        As of
        any Distribution Date, with respect to the Certificates and interests of
        each
        class (other than the Class P Certificates, Class P Interests, the Residual
        Interests and the Residual Certificates), (i) the interest accrued on the
        related Certificate Principal Balance or Certificate Notional Amount or
        Uncertificated Notional Amount, as applicable, during the related Accrual
        Period
        at the applicable Pass-Through Rate, plus any amount previously distributed
        with
        respect to interest for such Certificate or interest that has been recovered
        as
        a voidable preference by a trustee in bankruptcy minus (ii) the sum of (a)
        any
        Prepayment Interest Shortfall for such Distribution Date, to the extent not
        covered by Compensating Interest and (b) any Relief Act Interest Shortfalls
        during the related Due Period, provided, however, that for purposes of
        calculating Current Interest for any such class, amounts specified in clause
        (ii) hereof for any such Distribution Date shall be allocated first to the
        related Class CE Certificates and the related Class CE Interest and the related
        Residual Certificates in reduction of amounts otherwise distributable to
        such
        Certificates and interest on such Distribution Date and then any excess shall
        be
        allocated to each Class of related Class A Certificates and Class M Certificates
        pro
        rata
        based on
        the respective amounts of interest accrued pursuant to clause (i) hereof
        for
        each such Class on such Distribution Date.

       

      Current
        Specified Enhancement Percentage:
        Any of
        the Group I Current Specified Enhancement Percentage or the Group II Current
        Specified Enhancement Percentage.

       

      Custodial
        Agreement:
        An
        agreement, dated as of August 30, 2006, among the Depositor, EMC, as a Seller
        and as Master Servicer, Master Funding as a Seller, the Trustee and the
        Custodian in substantially the form of Exhibit J hereto.

       

      Custodian:
        LaSalle
        Bank National Association, or any successor custodian appointed pursuant
        to the
        provisions hereof and the Custodial Agreement.

       

      Cut-off
        Date:
        The
        close of business on August 1, 2006.

       

      Cut-off
        Date Principal Balance:
        As to
        any Mortgage Loan, the unpaid principal balance thereof as of the close of
        business on the Cut-off Date after application of all Principal Prepayments
        received prior to the Cut-off Date and scheduled payments of principal due
        on or
        before the Cut-off Date, whether or not received, but without giving effect
        to
        any installments of principal received in respect of Due Dates after the
        Cut-off
        Date. The aggregate Cut-off Date Principal Balance of the Group I Mortgage
        Loans
        is $186,762,941.81. The aggregate Cut-off Date Principal Balance of the Group
        II
        Mortgage Loans is $414,356,192.66.

       

      Debt
        Service Reduction:
        With
        respect to any Mortgage Loan, a reduction by a court of competent jurisdiction
        in a proceeding under the Bankruptcy Code in the Scheduled Payment for such
        Mortgage Loan that became final and non-appealable, except such a reduction
        resulting from a Deficient Valuation or any other reduction that results
        in a
        permanent forgiveness of principal.

       

      Defaulting
        Party:
        A
“Defaulting Party” as defined in the related Swap Agreement.

       

      Deficient
        Valuation:
        With
        respect to any Mortgage Loan, a valuation by a court of competent jurisdiction
        of the Mortgaged Property in an amount less than the then outstanding
        indebtedness under such Mortgage Loan, or any reduction in the amount of
        principal to be paid in connection with any Scheduled Payment that results
        in a
        permanent forgiveness of principal, which valuation or reduction results
        from an
        order of such court that is final and non-appealable in a proceeding under
        the
        Bankruptcy Code.

       

      Definitive
        Certificates:
        As
        defined in Section 6.06.

       

      Deleted
        Mortgage Loan:
        A
        Mortgage Loan replaced or to be replaced by a Replacement Mortgage
        Loan.

       

      Delinquency
        Event:
        Any of
        a Group I Delinquency Event or Group II Delinquency Event.

       

      Delinquent:
        A
        Mortgage Loan is “delinquent” if any payment due thereon is not made pursuant to
        the terms of such Mortgage Loan by the close of business on the day such
        payment
        is scheduled to be due. A Mortgage Loan is “30 days delinquent” if such payment
        has not been received by the close of business on the corresponding day of
        the
        month immediately succeeding the month in which such payment was due, or,
        if
        there is no such corresponding day (e.g., as when a 30-day month follows
        a
        31-day month in which a payment was due on the 31st day of such month), then
        on
        the last day of such immediately succeeding month. Similarly for “60 days
        delinquent,” “90 days delinquent” and so on.

       

      Denomination:
        With
        respect to each Certificate, the amount set forth on the face thereof as
        the
“Initial Principal Balance or Initial Notional Amount of this
        Certificate”.

       

      Depositor:
        Bear
        Stearns Asset Backed Securities I LLC, a Delaware limited liability company,
        or
        its successor in interest.

       

      Depository:
        The
        initial Depository shall be The Depository Trust Company (“DTC”), the nominee of
        which is Cede & Co., or any other organization registered as a “clearing
        agency” pursuant to Section 17A of the Securities Exchange Act of 1934, as
        amended. The Depository shall initially be the registered Holder of the
        Book-Entry Certificates. The Depository shall at all times be a “clearing
        corporation” as defined in Section 8-102(a)(5) of the Uniform Commercial Code of
        the State of New York.

       

      Depository
        Agreement:
        With
        respect to the Class of Book-Entry Certificates, the agreement among the
        Depositor, the Trustee and the initial Depository, dated as of the Closing
        Date,
        substantially in the form of Exhibit H.

       

      Depository
        Participant:
        A
        broker, dealer, bank or other financial institution or other Person for whom
        from time to time a Depository effects book-entry transfers and pledges of
        securities deposited with the Depository.

       

      Determination
        Date:
        With
        respect to any Distribution Date, the 15th day of the month of such Distribution
        Date or, if such 15th day is not a Business Day, the immediately preceding
        Business Day.

       

      Distribution
        Account:
        The
        separate Eligible Account created and maintained by the Trustee pursuant
        to
        Section 4.04 in the name of the Trustee for the benefit of the
        Certificateholders designated “LaSalle Bank National Association, in trust for
        registered holders of Bear Stearns Asset Backed Securities I LLC, Asset-Backed
        Certificates, Series 2006-HE7”. Funds in the Distribution Account shall be held
        in trust for the Certificateholders for the uses and purposes set forth in
        this
        Agreement.

       

      Distribution
        Account Deposit Date:
        Two
        Business Days prior to each Distribution Date.

       

      Distribution
        Date:
        The
        25th day of each calendar month after the initial issuance of the Certificates,
        or if such 25th day is not a Business Day, the next succeeding Business Day,
        commencing in September 2006.

       

      Due
        Date:
        As to
        any Mortgage Loan, the date in each month on which the related Scheduled
        Payment
        is due, as set forth in the related Mortgage Note.

       

      Due
        Period:
        With
        respect to any Distribution Date, the period from the second day of the calendar
        month preceding the calendar month in which such Distribution Date occurs
        through close of business on the first day of the calendar month in which
        such
        Distribution Date occurs.

       

      Eligible
        Account:
        Any of
        (i) an account or accounts maintained with a federal or state chartered
        depository institution or trust company, the long-term unsecured debt
        obligations and short-term unsecured debt obligations of which (or, in the
        case
        of a depository institution or trust company that is the principal subsidiary
        of
        a holding company, the debt obligations of such holding company, so long
        as
        Moody’s is not a Rating Agency) are rated by each Rating Agency in one of its
        two highest long-term and its highest short-term rating categories,
        respectively, at the time any amounts are held on deposit therein, or (ii)
        an
        account or accounts in a depository institution or trust company in which
        such
        accounts are insured by the FDIC (to the limits established by the FDIC)
        and the
        uninsured deposits in which accounts are otherwise secured such that, as
        evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating
        Agency, the Certificateholders have a claim with respect to the funds in
        such
        account or a perfected first priority security interest against any collateral
        (which shall be limited to Permitted Investments) securing such funds that
        is
        superior to claims of any other depositors or creditors of the depository
        institution or trust company in which such account is maintained, or (iii)
        a
        trust account or accounts maintained with the corporate trust department
        of a
        federal or state chartered depository institution or trust company having
        capital and surplus of not less than $50,000,000, acting in its fiduciary
        capacity or (iv) any other account acceptable to the Rating Agencies, as
        evidenced in writing. Eligible Accounts may bear interest, and may include,
        if
        otherwise qualified under this definition, accounts maintained with the
        Trustee.

       

      EMC:
        EMC
        Mortgage Corporation, a Delaware corporation, and its successors and
        assigns.

       

      EMC
        Flow Loans:
        The
        Mortgage Loans purchased by EMC pursuant to a flow loan purchase
        agreement.

       

      EMC
        Mortgage Loans:
        The
        Mortgage Loans identified as such on the Mortgage Loan Schedule for which
        EMC is
        the applicable Seller.

       

      ERISA:
        The
        Employee Retirement Income Security Act of 1974, as amended.

       

      ERISA
        Restricted Certificates:
        Any of
        the Class CE, Class P and Residual Certificates.

       

      Event
        of Default:
        As
        defined in Section 8.01 hereof.

       

      Excess
        Cashflow:
        With
        respect to any Distribution Date and any Loan Group, an amount, if any, equal
        to
        the sum of (a) the related Remaining Excess Spread for such Distribution
        Date
        and (b) the related Overcollateralization Release Amount for such Distribution
        Date.

       

      Excess
        Liquidation Proceeds:
        To the
        extent not required by law to be paid to the related Mortgagor, the excess,
        if
        any, of any Liquidation Proceeds with respect to a Mortgage Loan over the
        Stated
        Principal Balance of such Mortgage Loan and accrued and unpaid interest at
        the
        related Mortgage Rate through the last day of the month in which the Mortgage
        Loan has been liquidated.

       

      Excess
        Spread:
        With
        respect to any Distribution Date and any Loan Group, the excess, if any,
        of (i)
        the Interest Funds with respect to the related Loan Group for such Distribution
        Date over (ii) the sum of the Current Interest on the related Class A
        Certificates and Class M Certificates and Interest Carry Forward Amounts
        on the
        related Class A Certificates (other than Interest Carry Forward Amounts paid
        pursuant to Section 5.04(a)(3)(A) with respect to Loan Group I and 5.04(b)(4)(A)
        with respect to Loan Group II), in each case for such Distribution
        Date.

       

      Exchange
        Act:
        Securities Exchange Act of 1934, as amended.

       

      Exemption:
        Prohibited Transaction Exemption 90-30, as amended from time to
        time.

       

      Extra
        Principal Distribution Amount:
        Any of
        the Group I Extra Principal Distribution Amount or Group II Extra Principal
        Distribution Amount.

       

      Fannie
        Mae:
        Fannie
        Mae (formerly, Federal National Mortgage Association), or any successor
        thereto.

       

      FDIC:
        The
        Federal Deposit Insurance Corporation, or any successor thereto.

       

      Final
        Certification:
        The
        certification substantially in the form of Exhibit Three to the Custodial
        Agreement.

       

      Final
        Recovery Determination:
        With
        respect to any defaulted Mortgage Loan or any REO Property (other than a
        Mortgage Loan or REO Property purchased by EMC (on its own behalf as a seller
        and on behalf of Master Funding) pursuant to or as contemplated by Section
        2.03(c) or Section 10.01), a determination made by the Master Servicer that
        all
        Insurance Proceeds, Liquidation Proceeds and other payments or recoveries
        which
        the Master Servicer, in its reasonable good faith judgment, expects to be
        finally recoverable in respect thereof have been so recovered. The Trustee
        shall
        maintain records, based solely on information provided by the Master Servicer,
        of each Final Recovery Determination made thereby.

       

      FIRREA:
        The
        Financial Institutions Reform, Recovery, and Enforcement Act of
        1989.

       

      Fiscal
        Quarter:
        December 1 to February 29 (or the last day in such month), March 1 to May
        31,
        June 1 to August 31, or September 1 to November 30, as applicable.

       

      Fitch:
        Fitch,
        Inc. and any successor thereto.

       

      Form
        8-K Disclosure Information:
        As
        defined in Section 3.16(a)(iii).

       

      Freddie
        Mac:
        Federal
        Home Loan Mortgage Corporation, or any successor thereto.

       

      Global
        Certificate:
        Any
        Private Certificate registered in the name of the Depository or its nominee,
        beneficial interests in which are reflected on the books of the Depository
        or on
        the books of a Person maintaining an account with such Depository (directly
        or
        as an indirect participant in accordance with the rules of such
        depository).

       

      Gross
        Margin:
        With
        respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth
        in
        the related Mortgage Note that is added to the Index on each Adjustment Date
        in
        accordance with the terms of the related Mortgage Note used to determine
        the
        Mortgage Rate for such Mortgage Loan.

       

      Group
        I Certificates:
        Any of
        the Class I-A-1, Class I-A-2, Class I-A-3, Class I-M-1, Class I-M-2, Class
        I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class I-M-8, Class
        I-M-9, Class I-M-10, Class I-M-11, Class I-P, Class I-CE, Class I-R-1, Class
        I-R-2, Class I-R-3 and Class I-RX Certificates.

       

      Group
        I Class IO Distribution Amount:
        As
        defined in Section 3.21 hereof. For purposes of clarity, the Group I Class
        IO
        Distribution Amount for any Distribution Date shall equal the amount payable
        to
        the Swap Administrator pursuant to the first and second sentences of Section
        3.21(c) on such Distribution Date in excess of the amount payable on REMIC
        VII
        Regular Interest IO on such Distribution Date, all as further provided in
        Section 3.21 hereof.

       

      Group
        I Current Specified Enhancement Percentage:
        With
        respect to any Distribution Date, the percentage obtained by dividing (x)
        the
        sum of (i) the aggregate Certificate Principal Balance of the Class I-M
        Certificates and (ii) the Group I Overcollateralization Amount, in each case
        prior to the distribution of the related Principal Distribution Amount on
        such
        Distribution Date, by (y) the aggregate Stated Principal Balance of the Group
        I
        Mortgage Loans as of the end of the related Due Period (after
        giving effect to scheduled payments of principal due during the related Due
        Period with respect to Loan Group I, to the extent received or advanced,
        and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period with respect to Loan Group I).

       

      Group
        I Delinquency Event:
        A Group
        I Delinquency Event shall
        have occurred and be continuing if at any time, (x) the percent equivalent
        of a
        fraction, the numerator of which is the aggregate Stated Principal Balance
        of
        the Group I Mortgage Loans that are 60 days or more Delinquent (including
        for
        this purpose any such Group I Mortgage Loans in bankruptcy or foreclosure
        and
        Group I Mortgage Loans with respect to which the related Mortgaged Property
        is
        REO Property), and the denominator of which is the aggregate Stated Principal
        Balance of all of the Group I Mortgage Loans as of the last day of the related
        Due Period exceeds (y) 36.50% of the Group
        I
        Current Specified Enhancement Percentage.

       

      Group
        I Extra Principal Distribution Amount:
        With
        respect to any Distribution Date, the lesser of (i) the excess, if any, of
        the
        Group I Overcollateralization Target Amount for such Distribution Date over
        the
        Group I Overcollateralization Amount for such Distribution Date (after giving
        effect to distributions of principal on the Certificates other than any Group
        I
        Extra Principal Distribution Amount) and (ii) the related Excess Spread for
        such
        Distribution Date.

       

      Group
        I Estimated Swap Termination Payment:
        As
        defined in the Group I Swap Agreement.

       

      Group
        I Marker Rate:
        With
        respect to the Class I-CE Interest and any Distribution Date, a per annum
        rate
        equal to two (2) times the weighted average of the Uncertificated REMIC III
        Pass-Through Rates for the REMIC III Group I Regular Interests (other than
        REMIC
        III Regular Interests I-AA, I-IO and I-P), with the rate on each such REMIC
        III
        Group I Regular Interest (other than REMIC III Regular Interest I-ZZ) subject
        to
        a cap equal to the lesser of (i) the One-Month LIBOR Pass-Through Rate for
        the
        Corresponding Certificate and (ii) the Net Rate Cap for the REMIC IV Regular
        Interest the ownership of which is represented by the Corresponding Certificate
        for the purpose of this calculation for such Distribution Date, and with
        the
        rate on REMIC III Regular Interest I-ZZ subject to a cap of zero for the
        purpose
        of this calculation; provided, however, that solely for this purpose, the
        related cap with respect to each REMIC III Group I Regular Interest (other
        than
        REMIC III Regular Interests I-AA, I-ZZ, I-IO and I-P) shall be multiplied
        by a
        fraction, the numerator of which is 30 and the denominator of which is the
        actual number of days in the related Accrual Period.

       

      Group
        I Maximum Uncertificated Accrued Interest Deferral Amount:
        With
        respect to any Distribution Date, the excess of (i) accrued interest at the
        Uncertificated REMIC III Pass-Through Rate applicable to REMIC III Regular
        Interest I-ZZ for such Distribution Date on a balance equal to the
        Uncertificated Principal Balance of REMIC III Regular Interest I-ZZ minus
        the
        REMIC III Group I Overcollateralization Amount, in each case for such
        Distribution Date, over (ii) the aggregate amount of Uncertificated Accrued
        Interest for such Distribution Date on the REMIC III Group I Regular Interests
        (other than REMIC III Regular Interests I-AA, I-ZZ, I-IO and I-P), with the
        rate
        on each such REMIC III Group I Regular Interest subject to a cap equal to
        the
        lesser of (x) the One-Month LIBOR Pass Through Rate for the Corresponding
        Certificate and (y) the Net Rate Cap for the REMIC IV Regular Interest the
        ownership of which is represented by the Corresponding Certificate for the
        purpose of this calculation for such Distribution Date; provided, however,
        that
        solely for this purpose, the related cap with respect to each REMIC III Group
        I
        Regular Interest (other than REMIC III Regular Interests I-AA, I-ZZ, I-IO
        and
        I-P) shall be multiplied by a fraction, the numerator of which is 30 and
        the
        denominator of which is the actual number of days in the related Accrual
        Period.

       

      Group
        I Mortgage Loans:
        The
        Mortgage Loans related to Loan Group I.

       

      Group
        I Net Swap Payment:
        With
        respect to each Distribution Date, the net payment required to be made pursuant
        to the terms of the Group I Swap Agreement by either the Group I Swap Provider
        or the Swap Administrator, which net payment shall not take into account
        any
        Group I Swap Termination Payment.

       

      Group
        I Notional Amount:
        With
        respect to each Distribution Date and the Group I Swap Agreement, the notional
        amount for the related calculation period as set forth in the related schedule
        set forth in Exhibit M. 

       

      Group
        I Offered Certificates:
        Any of
        the Class I-A-1, Class I-A-2, Class I-A-3, Class I-M-1, Class I-M-2, Class
        I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class I-M-8 and
        Class
        I-M-9 Certificates.

       

      Group
        I Optional Termination:
        The
        termination of the portion of the Trust Fund related to Loan Group I created
        hereunder as a result of the purchase of all of the Group I Mortgage Loans
        and
        any related REO Property pursuant to Section 10.01 hereof.

       

      Group
        I Optional Termination Date:
        The
        Distribution Date on which the Stated Principal Balance of all of the Group
        I
        Mortgage Loans is equal to or less than 10% of the Stated Principal Balance
        of
        all of the Group I Mortgage Loans as of the Cut-off Date.

       

      Group
        I Overcollateralization Amount:
        With
        respect to any Distribution Date, the excess, if any, of the aggregate Stated
        Principal Balance of the Group I Mortgage Loans as of the last day of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) over the aggregate Certificate Principal Balance of the Class I-A
        Certificates and Class I-M Certificates on such Distribution Date (after
        taking
        into account the payment of principal other than any Group I Extra Principal
        Distribution Amount on such Certificates).

       

      Group
        I Overcollateralization Release Amount:
        With
        respect to any Distribution Date, the lesser of (x) the related Principal
        Funds
        for such Distribution Date and (y) the excess, if any, of (i) the Group I
        Overcollateralization Amount for such Distribution Date (assuming that 100%
        of
        the related Principal Funds is applied as a principal payment on such
        Distribution Date) over (ii) the Group I Overcollateralization Target Amount
        for
        such Distribution Date (with the amount pursuant to clause (y) deemed to
        be $0
        if the Group I Overcollateralization Amount is less than or equal to the
        Group I
        Overcollateralization Target Amount on that Distribution Date).

       

      Group
        I Overcollateralization Target Amount:
        With
        respect to any Distribution Date (a) prior to the Group I Stepdown Date,
        1.95%
        of the aggregate Stated Principal Balance of the Group I Mortgage Loans as
        of
        the Cut-off Date, (b) on or after the Group I Stepdown Date and if a Group
        I
        Trigger Event is not in effect, the greater of (i) the lesser of (1) 1.95%
        of
        the aggregate Stated Principal Balance of the Group I Mortgage Loans as of
        the
        Cut-off Date and (2) 3.90% of the then current aggregate Stated Principal
        Balance of the Group I Mortgage Loans as of the last day of the related Due
        Period (after giving effect to scheduled payments of principal due during
        the
        related Due Period, to the extent received or advanced, and unscheduled
        collections of principal received during the related Prepayment Period, and
        after reduction for Realized Losses incurred during the related Due Period)
        and
        (ii) $933,815 or (c) on or after the Group I Stepdown Date and if a Group
        I
        Trigger Event is in effect, the Group I Overcollateralization Target Amount
        for
        the immediately preceding Distribution Date.

       

      Group
        I Regular Certificate:
        Any of
        the Group I Certificates other than the Group I Residual
        Certificates.

       

      Group
        I Reserve Fund:
        Shall
        mean the separate trust account created and maintained by the Trustee pursuant
        to Section 3.21 hereof.

       

      Group
        I Reserve Fund Deposit:
        With
        respect to the Group I Reserve Fund, an amount equal to $5,000, which the
        Depositor shall initially deposit into the Group I Reserve Fund pursuant
        to
        Section 3.21 hereof.

       

      Group
        I Residual Certificates:
        The
        Class I-R Certificates, each evidencing the sole class of Residual Interests
        in
        the related REMIC.

       

      Group
        I Senior Certificates:
        Any of
        the Class I-A-1, Class I-A-2 and Class I-A-3 Certificates.

       

      Group
        I Significance Estimate:
        With
        respect to any Distribution Date, and in accordance with Item 1115 of Regulation
        AB, shall be an amount determined based on the reasonable good-faith estimate
        by
        the Seller or its affiliate of the aggregate maximum probable exposure of
        the
        outstanding Class I-A Certificates and Class I-M Certificates to the Group
        I
        Swap Agreement. 

       

      Group
        I Significance Percentage:
        With
        respect to any Distribution Date, and in accordance with Item 1115 of Regulation
        AB, shall be a percentage equal to the Group I Significance Estimate divided
        by
        the aggregate outstanding Certificate Principal Balance of the Class I-A
        Certificates and Class I-M Certificates, prior to the distribution of the
        related Principal Distribution Amount on such Distribution Date.

       

      Group
        I Stepdown Date:
        The
        earlier to occur of, (I) the first Distribution Date following the Distribution
        Date for which the Certificate Principal Balance for each of the Class I-A
        Certificates has been reduced to zero, and (II) the later to occur of (a)
        the
        Distribution Date in September 2009 and (b) the first Distribution Date on
        which
        the Group I Current Specified Enhancement Percentage is greater than or equal
        to
        49.40%.

       

      Group
        I Sub-Trust:
        The
        portion of the Trust Fund allocated to Loan Group I.

       

      Group
        I Supplemental Interest Trust:
        The
        corpus of a trust created pursuant to Section 3.21 of this Agreement and
        designated as the “Group I Supplemental Interest Trust,” consisting of the Group
        I Swap Agreement, the rights in respect of the Swap Administration Agreement
        that relate to Loan Group I, the Group I Swap Account and REMIC VII Regular
        Interest IO. For the avoidance of doubt, the Group I Supplemental Interest
        Trust, the Group I Swap Agreement, the Group I Swap Account and the Swap
        Administration Agreement do not constitute parts of the Trust Fund or any
        REMIC.

       

      Group
        I Supplemental Interest Trust Trustee:
        LaSalle
        Bank National Association, a national banking association not in its individual
        capacity but solely in its capacity as group I supplemental interest trust
        trustee and any successor thereto, and any corporation or national banking
        association resulting from or surviving any consolidation or merger to which
        it
        or its successors may be a party and any successor group I supplemental interest
        trust trustee as may from time to time be serving as successor group I
        supplemental interest trust trustee.

       

      Group
        I Swap Account:
        The
        separate trust account created and maintained by the Swap Administrator,
        and
        held within the Group I Supplemental Interest Trust, pursuant to the Swap
        Administration Agreement.

       

      Group
        I Swap Agreement:
        The
        interest rate swap agreement between the Group I Swap Provider and the Group
        I
        Supplemental Interest Trust Trustee, which agreement provides for Group I
        Net
        Swap Payments and Group I Swap Termination Payments to be paid, as provided
        therein, together with any schedules, confirmations or other agreements relating
        thereto, attached hereto as Exhibit M.

       

      Group
        I Swap Optional Termination Payment:
        As
        defined in Section 10.01.

       

      Group
        I Swap Provider:
        The
        swap provider under the Group I Swap Agreement either (a) entitled to receive
        payments from the Swap Administrator from amounts payable by the Trust Fund
        with
        respect to Loan Group I under this Agreement or (b) required to make payments
        to
        the Swap Administrator for distribution as provided herein, in either case
        pursuant to the terms of the Group I Swap Agreement, and any successor in
        interest or assign. Initially, the Group I Swap Provider shall be Bear Stearns
        Financial Products Inc.

       

      Group
        I Swap Provider Trigger Event:
        With
        respect to any Distribution Date, (i) an Event of Default under the Group
        I Swap
        Agreement with respect to which the Group I Swap Provider is a Defaulting
        Party,
        (ii) a Termination Event under the Group I Swap Agreement with respect to
        which
        the Group I Swap Provider is the sole Affected Party, or (iii) an Additional
        Termination Event under the Group I Swap Agreement with respect to which
        the
        Group I Swap Provider is the sole Affected Party.

       

      Group
        I Swap Termination Payment:
        Upon
        the designation of an “Early Termination Date” as defined in the Group I Swap
        Agreement, the payment to be made by the Swap Administrator to the Group
        I Swap
        Provider from payments from the Trust Fund with respect to Loan Group I,
        or by
        the Group I Swap Provider to the Swap Administrator for payment to the Trust
        Fund with respect to Loan Group I, as applicable, pursuant to the terms of
        the
        Group I Swap Agreement.

       

      Group
        I Trigger Event:
        With
        respect to any Distribution Date, a Group I Trigger Event exists if (i) a
        related Delinquency Event shall have occurred and be continuing or (ii) the
        aggregate amount of Realized Losses on the Group I Mortgage Loans since the
        Cut-off Date as a percentage of the aggregate Cut-off Date Principal Balance
        of
        the Group I Mortgage Loans exceeds the applicable percentages set forth below
        with respect to such Distribution Date:

       

      
        	
                Distribution
                  Date

              	
                Percentage

              
	 	 
	
                September
                  2009 through August 2010

              	
                3.65%
                  with respect to September 2009, plus an additional 1/12th
                  of
                  the difference between 5.70%
                  and 3.65% for each month thereafter

              
	
                September
                  2010 through August 2011

              	
                5.70%
                  with respect to September 2010, plus an additional 1/12th
                  of
                  the difference between 7.35% and 5.70% for each month
                  thereafter

              
	
                September
                  2011 through August 2012

              	
                7.35%
                  with respect to September 2011, plus an additional 1/12th
                  of
                  the difference between 8.25% and 7.35% for each month
                  thereafter

              
	
                September
                  2012 and thereafter

              	
                8.25%

              

      

      

      Group
        II Certificates:
        Any of
        the Class II-1A-1, Class II-1A-2, Class II-1A-3, Class II-2A, Class II-M-1,
        Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6, Class
        II-M-7, Class II-M-8, Class II-M-9, Class II-M-10, Class II-M-11, Class II-P,
        Class II-CE, Class II-R-1 and Class II-RX Certificates.

       

      Group
        II Class IO Distribution Amount:
        As
        defined in Section 3.22 hereof. For purposes of clarity, the Group II Class
        IO
        Distribution Amount for any Distribution Date shall equal the amount payable
        to
        the Swap Administrator pursuant to the first and second sentences of Section
        3.22(c) on such Distribution Date in excess of the amount payable on REMIC
        X
        Regular Interest IO on such Distribution Date, all as further provided in
        Section 3.22 hereof.

       

      Group
        II Current Specified Enhancement Percentage:
        With
        respect to any Distribution Date, the percentage obtained by dividing (x)
        the
        sum of (i) the aggregate Certificate Principal Balance of the Class II-M
        Certificates and (ii) the Group II Overcollateralization Amount, in each
        case
        prior to the distribution of the related Principal Distribution Amount on
        such
        Distribution Date, by (y) the aggregate Stated Principal Balance of the Group
        II
        Mortgage Loans as of the end of the related Due Period (after giving effect
        to
        scheduled payments of principal due during the related Due Period with respect
        to Loan Group II, to the extent received or advanced, and unscheduled
        collections of principal received during the related Prepayment Period, and
        after reduction for Realized Losses incurred during the related Due Period
        with
        respect to Loan Group II).

       

      Group
        II Delinquency Event:
        A Group
        II Delinquency Event shall have occurred and be continuing if at any time,
        (x)
        the percent equivalent of a fraction, the numerator of which is the aggregate
        Stated Principal Balance of the Group II Mortgage Loans that are 60 days
        or more
        Delinquent (including for this purpose any such Group II Mortgage Loans in
        bankruptcy or foreclosure and Group I Mortgage Loans with respect to which
        the
        related Mortgaged Property is REO Property), and the denominator of which
        is the
        aggregate Stated Principal Balance of all of the Group II Mortgage Loans
        as of
        the last day of the related Due Period exceeds (y) 34.25% of the Group II
        Current Specified Enhancement Percentage.

       

      Group
        II Estimated Swap Termination Payment:
        As
        defined in the Group II Swap Agreement.

       

      Group
        II Extra Principal Distribution Amount:
        With
        respect to any Distribution Date, the lesser of (i) the excess, if any, of
        the
        Group II Overcollateralization Target Amount for such Distribution Date over
        the
        Group II Overcollateralization Amount for such Distribution Date (after giving
        effect to distributions of principal on the Certificates other than any Group
        II
        Extra Principal Distribution Amount) and (ii) the related Excess Spread for
        such
        Distribution Date.

       

      Group
        II Marker Rate:
        With
        respect to the Class II-CE Interest and any Distribution Date, a per annum
        rate
        equal to two (2) times the weighted average of the Uncertificated REMIC III
        Pass-Through Rates for the REMIC III Group II Regular Interests (other than
        REMIC III Regular Interests II-AA, II-IO, II-P, II-1-Sub, II-1-Grp, II-2-Sub,
        II-2-Grp and II-XX), with the rate on each such REMIC III Group II Regular
        Interest (other than REMIC III Regular Interest II-ZZ) subject to a cap equal
        to
        the lesser of (i) the One-Month LIBOR Pass-Through Rate for the Corresponding
        Certificate and (ii) the Net Rate Cap for the REMIC IV Regular Interest the
        ownership of which is represented by the Corresponding Certificate for the
        purpose of this calculation for such Distribution Date, and with the rate
        on
        REMIC III Regular Interest II-ZZ subject to a cap of zero for the purpose
        of
        this calculation; provided, however, that solely for this purpose, the related
        cap with respect to each REMIC III Group II Regular Interest (other than
        REMIC
        III Regular Interests II-AA, II-ZZ, II-IO, II-P, II-1-Sub, II-1-Grp, II-2-Sub,
        II-2-Grp and II-XX) shall be multiplied by a fraction, the numerator of which
        is
        30 and the denominator of which is the actual number of days in the related
        Accrual Period.

       

      Group
        II Maximum Uncertificated Accrued Interest Deferral Amount:
        With
        respect to any Distribution Date, the excess of (i) accrued interest at the
        Uncertificated REMIC III Pass-Through Rate applicable to REMIC III Regular
        Interest II-ZZ for such Distribution Date on a balance equal to the
        Uncertificated Principal Balance of REMIC III Regular Interest II-ZZ minus
        the
        REMIC III Group II Overcollateralization Amount, in each case for such
        Distribution Date, over (ii) the aggregate amount of Uncertificated Accrued
        Interest for such Distribution Date on the REMIC III Group II Regular Interests
        (other than REMIC III Regular Interests II-AA, II-ZZ, II-IO, II-P, II-1-Sub,
        II-1-Grp, II-2-Sub, II-2-Grp and II-XX), with the rate on each such REMIC
        III
        Group II Regular Interest subject to a cap equal to the lesser of (x) the
        One-Month LIBOR Pass Through Rate for the Corresponding Certificate and (y)
        the
        Net Rate Cap for the REMIC IV Regular Interest the ownership of which is
        represented by the Corresponding Certificate for the purpose of this calculation
        for such Distribution Date; provided, however, that solely for this purpose,
        the
        related cap with respect to each REMIC III Group II Regular Interest (other
        than
        REMIC III Regular Interests II-AA, II-ZZ, II-IO, II-P, II-1-Sub, II-1-Grp,
        II-2-Sub, II-2-Grp and II-XX) shall be multiplied by a fraction, the numerator
        of which is 30 and the denominator of which is the actual number of days
        in the
        related Accrual Period.

       

      Group
        II Mortgage Loans:
        The
        Mortgage Loans related to Loan Group II.

       

      Group
        II Net Swap Payment:
        With
        respect to each Distribution Date, the net payment required to be made pursuant
        to the terms of the Group II Swap Agreement by either the Group II Swap Provider
        or the Swap Administrator, which net payment shall not take into account
        any
        Group II Swap Termination Payment.

       

      Group
        II Notional Amount:
        With
        respect to each Distribution Date and the Group II Swap Agreement, the notional
        amount for the related calculation period as set forth in the related schedule
        set forth in Exhibit N. 

       

      Group
        II Offered Certificates:
        Any of
        the Class II-1A-1, Class II-1A-2, Class II-1A-3, Class II-2A, Class II-M-1,
        Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6, Class
        II-M-7, Class II-M-8 and Class II-M-9 Certificates.

       

      Group
        II Optional Termination:
        The
        termination of the portion of the Trust Fund related to Loan Group II created
        hereunder as a result of the purchase of all of the Group II Mortgage Loans
        and
        any related REO Property pursuant to Section 10.01 hereof.

       

      Group
        II Optional Termination Date:
        The
        Distribution Date on which the Stated Principal Balance of all of the Group
        II
        Mortgage Loans is equal to or less than 10% of the Stated Principal Balance
        of
        all of the Group II Mortgage Loans as of the Cut-off Date.

       

      Group
        II Overcollateralization Amount:
        With
        respect to any Distribution Date, the excess, if any, of the aggregate Stated
        Principal Balance of the Group II Mortgage Loans as of the last day of the
        related Due Period (after giving effect to scheduled payments of principal
        due
        during the related Due Period, to the extent received or advanced, and
        unscheduled collections of principal received during the related Prepayment
        Period, and after reduction for Realized Losses incurred during the related
        Due
        Period) over the aggregate Certificate Principal Balance of the Class II-A
        Certificates and Class II-M Certificates on such Distribution Date (after
        taking
        into account the payment of principal other than any Group II Extra Principal
        Distribution Amount on such Certificates).

       

      Group
        II Overcollateralization Release Amount:
        With
        respect to any Distribution Date, the lesser of (x) the related Principal
        Funds
        for such Distribution Date and (y) the excess, if any, of (i) the Group II
        Overcollateralization Amount for such Distribution Date (assuming that 100%
        of
        the related Principal Funds is applied as a principal payment on such
        Distribution Date) over (ii) the Group II Overcollateralization Target Amount
        for such Distribution Date (with the amount pursuant to clause (y) deemed
        to be
        $0 if the Group II Overcollateralization Amount is less than or equal to
        the
        Group II Overcollateralization Target Amount on that Distribution
        Date).

       

      Group
        II Overcollateralization Target Amount:
        With
        respect to any Distribution Date (a) prior to the Group II Stepdown Date,
        1.75%
        of the aggregate Stated Principal Balance of the Group II Mortgage Loans
        as of
        the Cut-off Date, (b) on or after the Group II Stepdown Date and if a Group
        II
        Trigger Event is not in effect, the greater of (i) the lesser of (1) 1.75%
        of
        the aggregate Stated Principal Balance of the Group II Mortgage Loans as
        of the
        Cut-off Date and (2) 3.50% of the then current aggregate Stated Principal
        Balance of the Group II Mortgage Loans as of the last day of the related
        Due
        Period (after giving effect to scheduled payments of principal due during
        the
        related Due Period, to the extent received or advanced, and unscheduled
        collections of principal received during the related Prepayment Period, and
        after reduction for Realized Losses incurred during the related Due Period)
        and
        (ii) $2,071,781 or (c) on or after the Group II Stepdown Date and if a Group
        II
        Trigger Event is in effect, the Group II Overcollateralization Target Amount
        for
        the immediately preceding Distribution Date.

       

      Group
        II Regular Certificate:
        Any of
        the Group II Certificates other than the Group II Residual
        Certificates.

       

      Group
        II Reserve Fund:
        Shall
        mean the separate trust account created and maintained by the Trustee pursuant
        to Section 3.22 hereof.

       

      Group
        II Reserve Fund Deposit:
        With
        respect to the Group II Reserve Fund, an amount equal to $5,000, which the
        Depositor shall initially deposit into the Group II Reserve Fund pursuant
        to
        Section 3.22 hereof.

       

      Group
        II Residual Certificates:
        The
        Class II-R-1 Certificates and Class II-RX Certificates, each evidencing the
        sole
        class of Residual Interests in the related REMIC.

       

      Group
        II Senior Certificates:
        Any of
        the Class II-1A-1, Class II-1A-2, Class II-1A-3 and Class II-2A
        Certificates.

       

      Group
        II Significance Estimate:
        With
        respect to any Distribution Date, and in accordance with Item 1115 of Regulation
        AB, shall be an amount determined based on the reasonable good-faith estimate
        by
        the Seller or its affiliate of the aggregate maximum probable exposure of
        the
        outstanding Class II-A Certificates and Class II-M Certificates to the Group
        II
        Swap Agreement. 

       

      Group
        II Significance Percentage:
        With
        respect to any Distribution Date, and in accordance with Item 1115 of Regulation
        AB, shall be a percentage equal to the Group II Significance Estimate divided
        by
        the aggregate outstanding Certificate Principal Balance of the Class II-A
        Certificates and Class II-M Certificates, prior to the distribution of the
        related Principal Distribution Amount on such Distribution Date.

       

      Group
        II Stepdown Date:
        The
        earlier to occur of, (I) the first Distribution Date following the Distribution
        Date for which the Certificate Principal Balance for each of the Class II-A
        Certificates has been reduced to zero, and (II) the later to occur of (a)
        the
        Distribution Date in September 2009 and (b) the first Distribution Date on
        which
        the Group II Current Specified Enhancement Percentage is greater than or
        equal
        to 46.80%.

       

      Group
        II Sub-Trust:
        The
        portion of the Trust Fund allocated to Loan Group II.

       

      Group
        II Supplemental Interest Trust:
        The
        corpus of a trust created pursuant to Section 3.22 of this Agreement and
        designated as the “Group II Supplemental Interest Trust,” consisting of the
        Group II Swap Agreement, the rights in respect of the Swap Administration
        Agreement that relate to Loan Group II, the Group II Swap Account and REMIC
        X
        Regular Interest IO. For the avoidance of doubt, the Group II Supplemental
        Interest Trust, the Group II Swap Agreement, the Group II Swap Account and
        the
        Swap Administration Agreement do not constitute parts of the Trust Fund or
        any
        REMIC.

       

      Group
        II Supplemental Interest Trust Trustee:
        LaSalle
        Bank National Association, a national banking association not in its individual
        capacity but solely in its capacity as group II supplemental interest trust
        trustee and any successor thereto, and any corporation or national banking
        association resulting from or surviving any consolidation or merger to which
        it
        or its successors may be a party and any successor group II supplemental
        interest trust trustee as may from time to time be serving as successor group
        II
        supplemental interest trust trustee.

       

      Group
        II Swap Account:
        The
        separate trust account created and maintained by the Swap Administrator,
        and
        held within the Group II Supplemental Interest Trust, pursuant to the Swap
        Administration Agreement.

       

      Group
        II Swap Agreement:
        The
        interest rate swap agreement between the Group II Swap Provider and the Group
        II
        Supplemental Interest Trust Trustee, which agreement provides for Group II
        Net
        Swap Payments and Group II Swap Termination Payments to be paid, as provided
        therein, together with any schedules, confirmations or other agreements relating
        thereto, attached hereto as Exhibit N.

       

      Group
        II Swap Optional Termination Payment:
        As
        defined in Section 10.01.

       

      Group
        II Swap Provider:
        The
        swap provider under the Group II Swap Agreement either (a) entitled to receive
        payments from the Swap Administrator from amounts payable by the Trust Fund
        with
        respect to Loan Group II under this Agreement or (b) required to make payments
        to the Swap Administrator for distribution as provided herein, in either
        case
        pursuant to the terms of the Group II Swap Agreement, and any successor in
        interest or assign. Initially, the Group II Swap Provider shall be Bear Stearns
        Financial Products Inc.

       

      Group
        II Swap Provider Trigger Event:
        With
        respect to any Distribution Date, (i) an Event of Default under the Group
        II
        Swap Agreement with respect to which the Group II Swap Provider is a Defaulting
        Party, (ii) a Termination Event under the Group II Swap Agreement with respect
        to which the Group II Swap Provider is the sole Affected Party, or (iii)
        an
        Additional Termination Event under the Group II Swap Agreement with respect
        to
        which the Group II Swap Provider is the sole Affected Party.

       

      Group
        II Swap Termination Payment:
        Upon
        the designation of an “Early Termination Date” as defined in the Group II Swap
        Agreement, the payment to be made by the Swap Administrator to the Group
        II Swap
        Provider from payments from the Trust Fund with respect to Loan Group II,
        or by
        the Group II Swap Provider to the Swap Administrator for payment to the Trust
        Fund with respect to Loan Group II, as applicable, pursuant to the terms
        of the
        Group II Swap Agreement.

       

      Group
        II Trigger Event:
        With
        respect to any Distribution Date, a Group II Trigger Event exists if (i)
        a
        related Delinquency Event shall have occurred and be continuing or (ii) the
        aggregate amount of Realized Losses on the Group II Mortgage Loans since
        the
        Cut-off Date as a percentage of the aggregate Cut-off Date Principal Balance
        of
        the Group II Mortgage Loans exceeds the applicable percentages set forth
        below
        with respect to such Distribution Date:

       

      
        	
                Distribution
                  Date

              	
                Percentage

              
	 	 
	
                September
                  2009 through August 2010

              	
                3.50%
                  with respect to September 2009, plus an additional 1/12th
                  of
                  the difference between 5.45% and 3.50% for each month
                  thereafter

              
	
                September
                  2010 through August 2011

              	
                5.45%
                  with respect to September 2010, plus an additional 1/12th
                  of
                  the difference between 7.05% and 5.45% for each month
                  thereafter

              
	
                September
                  2011 through August 2012

              	
                7.05%
                  with respect to September 2011, plus an additional 1/12th
                  of
                  the difference between 7.90% and 7.05% for each month
                  thereafter

              
	
                September
                  2012 and thereafter

              	
                7.90%

              

      

      

       

      Indemnified
        Persons:
        The
        Trustee, the Master Servicer, the Trust Fund and their officers, directors,
        agents and employees and, with respect to the Trustee, any separate co-trustee
        and its officers, directors, agents and employees.

       

      Index:
        With
        respect to each Adjustable Rate Mortgage Loan and with respect to each related
        Adjustment Date, the index as specified in the related Mortgage
        Note.

       

      Individual
        Certificate:
        Any
        Private Certificate registered in the name of the Holder other than the
        Depository or its nominee.

       

      Initial
        Certification:
        The
        certification substantially in the form of Exhibit One to the Custodial
        Agreement.

       

      Initial
        Certificate Principal Balance:
        With
        respect to any Certificate, the Certificate Principal Balance of such
        Certificate or any predecessor Certificate on the Closing Date.

       

      Institutional
        Accredited Investor:
        Any
        Person meeting the requirements of Rule 501(a)(l), (2), (3) or (7) of Regulation
        D under the Securities Act or any entity all of the equity Holders in which
        come
        within such paragraphs.

       

      Insurance
        Policy:
        With
        respect to any Mortgage Loan included in the Trust Fund, any insurance policy,
        including all riders and endorsements thereto in effect with respect to such
        Mortgage Loan, including any replacement policy or policies for any Insurance
        Policies.

       

      Insurance
        Proceeds:
        Proceeds paid in respect of the Mortgage Loans pursuant to any Insurance
        Policy
        and any other insurance policy covering a Mortgage Loan, to the extent such
        proceeds are payable to the mortgagee under the Mortgage, the Master Servicer
        or
        the trustee under the deed of trust and are not applied to the restoration
        of
        the related Mortgaged Property or released to the Mortgagor in accordance
        with
        the procedures that the Master Servicer would follow in servicing mortgage
        loans
        held for its own account, in each case other than any amount included in
        such
        Insurance Proceeds in respect of Insured Expenses.

       

      Insured
        Expenses:
        Expenses covered by any insurance policy with respect to the Mortgage
        Loans.

       

      Interest
        Carry Forward Amount:
        As of
        any Distribution Date and with respect to each Class of Certificates (other
        than
        the Class CE, Class P and the Residual Certificates), the sum of (i) the
        excess
        of (a) the Current Interest for such Class with respect to such Distribution
        Date and any prior Distribution Dates over (b) the amount actually distributed
        to such Class of Certificates with respect to interest on such Distribution
        Dates and (ii) interest thereon (to the extent permitted by applicable law)
        at
        the applicable Pass-Through Rate for such Class for the related Accrual Period
        including the Accrual Period relating to such Distribution Date.

       

      Interest
        Determination Date:
        Shall
        mean the second LIBOR Business Day preceding the commencement of each Accrual
        Period.

       

      Interest
        Funds:
        With
        respect to each of Loan Group I, Subgroup II-1 and Subgroup II-2 and any
        Distribution Date (1) the sum, without duplication, of (a) all scheduled
        interest during the related Due Period with respect to the Mortgage Loans
        in the
        related Loan Group, less the Servicing Fee, the Trustee Fee and the LPMI
        Fee, if
        any, (b) all Advances relating to interest with respect to the Mortgage Loans
        in
        the related Loan Group made on or prior to the related Distribution Account
        Deposit Date, (c) all Compensating Interest with respect to the related Mortgage
        Loans and required to be remitted by the Master Servicer pursuant to this
        Agreement with respect to such Distribution Date, (d) Liquidation Proceeds
        and
        Subsequent Recoveries with respect to the related Mortgage Loans collected
        during the related Prepayment Period (to the extent such Liquidation Proceeds
        and Subsequent Recoveries relate to interest), and (e) all amounts relating
        to
        interest with respect to each Mortgage Loan repurchased by EMC (on its own
        behalf as a Seller and on behalf of Master Funding) pursuant to Sections
        2.02
        and 2.03 and by the Master Servicer pursuant to Section 3.19, in each case
        to
        the extent remitted by the Master Servicer to the Distribution Account pursuant
        to this Agreement and (f) the interest portion of any proceeds received from
        the
        exercise of a Group I Optional Termination or Group II Optional Termination,
        as
        applicable, minus (2) (i) all amounts relating to interest required to be
        reimbursed pursuant to Sections 4.02 and 4.05 or as otherwise set forth in
        this
        Agreement, and (ii) any related Net Swap Payment or related Swap Termination
        Payment (not due to a related Swap Provider Trigger Event and to the extent
        not
        paid by the Swap Administrator from any upfront payment received pursuant
        to any
        related replacement interest rate swap agreements that may be entered into
        by
        the related Supplemental Interest Trust Trustee) owed to the Swap Administrator
        for payment to the related Swap Provider for such Distribution Date and any
        such
        payments remaining unpaid for any prior Distribution Dates.

       

      Interim
        Certification:
        The
        certification substantially in the form of Exhibit Two to the Custodial
        Agreement.

       

      LaSalle:
        LaSalle
        Bank National Association, and any successor thereto.

       

      Last
        Scheduled Distribution Date:
        Solely
        for purposes of the face of the Certificates as follows: with respect to
        the
        Group I Certificates, other than the Class I-A-1 Certificates and Class I-A-2
        Certificates, the Distribution Date in September 2036; with respect to the
        Class
        I-A-1 Certificates and Class I-A-2 Certificates, the Distribution Date in
        August
        2031 and
        June
        2036, respectively. With respect to the Group II Certificates, other than
        the
        Class II-1A-1 Certificates and Class II-1A-2 Certificates, the Distribution
        Date
        in August 2036; with respect to the Class II-1A-1 Certificates and Class
        II-1A-2
        Certificates, the Distribution Date in February 2031 and May 2036, respectively.
        

       

      Latest
        Possible Maturity Date:
        With
        respect to the Group I Certificates, September 25, 2036, which is the
        Distribution Date in the month following the final scheduled maturity date
        of
        the Group I Mortgage Loan in the Trust Fund having the latest scheduled maturity
        date as of the Cut-off Date. With respect to the Group II Certificates, August
        25, 2036, which is the Distribution Date in the month following the final
        scheduled maturity date of the Group II Mortgage Loan in the Trust Fund having
        the latest scheduled maturity date as of the Cut-off Date. For purposes of
        the
        Treasury regulations under Sections 860A through 860G of the Code, the latest
        possible maturity date of each Regular Interest issued by REMIC I, each REMIC
        III Group I Regular Interest, each Regular Interest issued by REMIC IV the
        ownership of which is represented by the Class I-A Certificates and Class
        I-M
        Certificates, the Class I-CE Interest, the Class I-P Interest, the Class
        I-IO
        Interest, each Regular Interest the ownership of which is represented by
        the
        Class I-CE Certificates and Class I-P Certificates, and REMIC VII Regular
        Interest IO, shall be the Distribution Date in the month following the final
        scheduled maturity date of the Group I Mortgage Loan in the Trust Fund having
        the latest scheduled maturity date as of the Cut-off Date, and the latest
        possible maturity date of each Regular Interest issued by REMIC II, each
        REMIC
        III Group II Regular Interest, each Regular Interest issued by REMIC IV the
        ownership of which is represented by the Class II-A Certificates and Class
        II-M
        Certificates, the Class II-CE Interest, the Class II-P Interest, the Class
        II-IO
        Interest, each Regular Interest the ownership of which is represented by
        the
        Class II-CE Certificates and Class II-P Certificates, and REMIC X Regular
        Interest IO, shall be the Distribution Date in the month following the final
        scheduled maturity date of the Group II Mortgage Loan in the Trust Fund having
        the latest scheduled maturity date as of the Cut-off Date.

       

      LIBOR
        Business Day:
        Shall
        mean a day on which banks are open for dealing in foreign currency and exchange
        in London and New York City.

       

      Liquidated
        Loan:
        With
        respect to any Distribution Date, a defaulted Mortgage Loan that has been
        liquidated through deed-in-lieu of foreclosure, foreclosure sale, trustee’s sale
        or other realization as provided by applicable law governing the real property
        subject to the related Mortgage and any security agreements and as to which
        the
        Master Servicer has made a Final Recovery Determination with respect
        thereto.

       

      Liquidation
        Proceeds:
        Amounts, other than Insurance Proceeds, received in connection with the partial
        or complete liquidation of a Mortgage Loan, whether through trustee’s sale,
        foreclosure sale or otherwise, or in connection with any condemnation or
        partial
        release of a Mortgaged Property and any other proceeds received with respect
        to
        an REO Property, less the sum of related unreimbursed Advances, Servicing
        Fees
        and Servicing Advances and all expenses of liquidation, including property
        protection expenses and foreclosure and sale costs, including court and
        reasonable attorneys fees.

       

      Loan-to-Value
        Ratio:
        The
        fraction, expressed as a percentage, the numerator of which is the original
        principal balance of the related Mortgage Loan and the denominator of which
        is
        the Appraised Value of the related Mortgaged Property.

       

      Loan
        Group:
        Any of
        Loan Group I or Loan Group II.

       

      Loan
        Group I or Group I Mortgage Loans:
        The
        group of Mortgage Loans belonging to Loan Group I included as such on the
        Mortgage Loan Schedule.

       

      Loan
        Group II or Group II Mortgage Loans:
        The
        group of Mortgage Loans belonging to Loan Group II included as such on the
        Mortgage Loan Schedule.

       

      Loan
        Group I:
        The
        group of Mortgage Loans included as such on the Mortgage Loan
        Schedule.

       

      Loan
        Group II:
        The
        group of Mortgage Loans included as such on the Mortgage Loan
        Schedule.

       

      Loss
        Allocation Limitation:
        The
        meaning specified in Section 5.05(b) hereof.

       

      LPMI
        Fee:
        The fee
        payable to the insurer for each Mortgage Loan subject to an LPMI Policy as
        set
        forth in such LPMI Policy.

       

      LPMI
        Policy:
        A
        policy of mortgage guaranty insurance issued by an insurer meeting the
        requirements of Fannie Mae and Freddie Mac in which the Master Servicer or
        the
        related subservicer of the related Mortgage Loan is responsible for the payment
        of the LPMI Fee thereunder from collections on the related Mortgage
        Loan.

       

      Majority
        Class CE Certificateholder:
        Any of
        the Majority Class I-CE Certificateholder or Majority Class II-CE
        Certificateholder.

       

      Majority
        Class I-CE Certificateholder:
        The
        Holder of a 50.01% or greater Percentage Interest in the Class I-CE
        Certificates.

       

      Majority
        Class II-CE Certificateholder:
        The
        Holder of a 50.01% or greater Percentage Interest in the Class II-CE
        Certificates.

       

      Master
        Funding:
        Master
        Funding LLC, a Delaware limited liability company, and its successors and
        assigns, in its capacity as the seller of the Master Funding Mortgage Loans
        to
        the Depositor.

       

      Master
        Funding Mortgage Loans:
        The
        Mortgage Loans identified as such on the Mortgage Loan Schedule for which
        Master
        Funding is the applicable Seller.

       

      Master
        Servicer:
        EMC
        Mortgage Corporation, in its capacity as master servicer, and its successors
        and
        assigns.

       

      Maximum
        Mortgage Rate:
        With
        respect to each Adjustable Rate Mortgage Loan, the percentage set forth in
        the
        related Mortgage Note as the maximum Mortgage Rate thereunder.

       

      MERS:
        Mortgage Electronic Registration Systems, Inc., a corporation organized and
        existing under the laws of the State of Delaware, or any successor
        thereto.

       

      MERS®
        System:
        The
        system of recording transfers of Mortgages electronically maintained by
        MERS.

       

      MIN:
        The
        Mortgage Identification Number for Mortgage Loans registered with MERS on
        the
        MERS® System.

       

      Minimum
        Mortgage Rate:
        With
        respect to each Adjustable Rate Mortgage Loan, the percentage set forth in
        the
        related Mortgage Note as the minimum Mortgage Rate thereunder.

       

      MOM
        Loan:
        With
        respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage
        Loan, solely as nominee for the originator of such Mortgage Loan and its
        successors and assigns, at the origination thereof.

       

      Monthly
        Statement:
        The
        statement delivered to the Certificateholders pursuant to Section
        5.06.

       

      Moody’s:
        Moody’s
        Investors Service, Inc., and any successor thereto.

       

      Mortgage:
        The
        mortgage, deed of trust or other instrument creating a first or second lien
        on
        or first or second priority ownership interest in an estate in fee simple
        in
        real property securing a Mortgage Note.

       

      Mortgage
        File:
        The
        mortgage documents listed in Section 2.01 hereof pertaining to a particular
        Mortgage Loan and any additional documents delivered to the Custodian to
        be
        added to the Mortgage File pursuant to this Agreement and the Custodial
        Agreement.

       

      Mortgage
        Loans:
        Such of
        the Mortgage Loans transferred and assigned to the Trustee pursuant to the
        provisions hereof, as from time to time are held as a part of the Trust Fund
        (including any REO Property), the mortgage loans so held being identified
        in the
        Mortgage Loan Schedule and separated into Group I Mortgage Loan and Group
        II
        Mortgage Loans, notwithstanding foreclosure or other acquisition of title
        of the
        related Mortgaged Property.

       

      Mortgage
        Loan Purchase Agreement:
        The
        Mortgage Loan Purchase Agreement, dated as of August 30, 2006, among EMC,
        as a
        seller, Master Funding, as a seller and the Depositor, as purchaser in the
        form
        attached hereto as Exhibit L.

       

      Mortgage
        Loan Purchase Price:
        The
        price, calculated as set forth in Section 10.01, to be paid in connection
        with
        the repurchase of the Mortgage Loans pursuant to Section 10.01.

       

      Mortgage
        Loan Schedule:
        The
        list of Mortgage Loans (as from time to time amended by the Seller or the
        Master
        Servicer to reflect the deletion of Deleted Mortgage Loans and the addition
        of
        Replacement Mortgage Loans pursuant to the provisions of this Agreement)
        transferred to the Trustee as part of the Trust Fund and from time to time
        subject to this Agreement, the initial Mortgage Loan Schedule being attached
        hereto as Exhibit B setting forth the following information with respect
        to each
        Mortgage Loan:

       

      (a)  the
        city,
        state and zip code of the Mortgaged Property; 

      (b)  the
        property type;

      (c)  the
        Mortgage Interest Rate;

      (d)  the
        Servicing Fee Rate;

      (e)  the
        Master Servicer's Fee Rate;

      (f)  the
        LPMI
        Fee, if applicable;

      (g)  [reserved];

      (h)  the
        Net
        Rate;

      (i)  the
        maturity date;

      (j)  the
        stated original term to maturity;

      (k)  the
        stated remaining term to maturity;

      (l)  the
        original Principal Balance;

      (m)  the
        first
        payment date;

      (n)  the
        principal and interest payment in effect as of the Cut-off Date;

      (o)  the
        unpaid Principal Balance as of the Cut-off Date;

      (p)  the
        Loan-to-Value Ratio at origination;

      (q)  the
        insurer of any Primary Mortgage Insurance Policy;

      (r)  the
        MIN
        with respect to each MOM Loan;

      (s)  the
        Gross
        Margin, if applicable;

      (t)  the
        next
        Adjustment Date, if applicable;

      (u)  the
        Maximum Mortgage Rate, if applicable;

      (v)  the
        Minimum Mortgage Rate, if applicable;

      (w)  the
        Periodic Rate Cap, if applicable; 

      (x)  the
        Loan
        Group, if applicable;

      (y)  a
        code
        indicating whether the Mortgage Loan is negatively amortizing;

      (z)  which
        Mortgage Loans adjust after an initial fixed-rate period of one, two, three,
        five, seven or ten years or any other period; 

      (aa)  the
        Prepayment Charge, if any;

      (bb)  lien
        position (e.g., first lien or second lien);

      (cc)  a
        code
        indicating whether the Mortgage Loan is has a balloon payment;

      (dd)  a
        code
        indicating whether the Mortgage Loan is an interest-only loan; 

      (ee)  the
        interest-only term, if applicable;

      (ff)  the
        Mortgage Loan Seller; and

      (gg)  the
        original amortization term.

       

      Such
        schedule also shall set forth for all of the Mortgage Loans, the total number
        of
        Mortgage Loans, the total of each of the amounts described under (n) and
        (j)
        above, the weighted average by principal balance as of the Cut-off Date of
        each
        of the rates described under (c) through (h) above, and the weighted average
        remaining term to maturity by unpaid principal balance as of the Cut-off
        Date.

       

      Mortgage
        Note:
        The
        original executed note or other evidence of indebtedness of a Mortgagor under
        a
        Mortgage Loan.

       

      Mortgage
        Rate:
        With
        respect to each fixed rate Mortgage Loan, the rate set forth in the related
        Mortgage Note. With respect to each Adjustable Rate Mortgage Loan, the annual
        rate at which interest accrues on such Mortgage Loan from time to time in
        accordance with the provisions of the related Mortgage Note, which rate (A)
        as
        of any date of determination until the first Adjustment Date following the
        Cut-off Date shall be the rate set forth in the Mortgage Loan Schedule as
        the
        Mortgage Rate in effect immediately following the Cut-off Date and (B) as
        of any
        date of determination thereafter shall be the rate as adjusted on the most
        recent Adjustment Date, to equal the sum, rounded to the next highest or
        nearest
        0.125% (as provided in the Mortgage Note), of the Index, determined as set
        forth
        in the related Mortgage Note, plus the related Gross Margin subject to the
        limitations set forth in the related Mortgage Note. With respect to each
        Mortgage Loan that becomes an REO Property, as of any date of determination,
        the
        annual rate determined in accordance with the immediately preceding sentence
        as
        of the date such Mortgage Loan became an REO Property.

       

      Mortgaged
        Property:
        The
        underlying property securing a Mortgage Loan.

       

      Mortgagor:
        The
        obligors on a Mortgage Note.

       

      Net
        Mortgage Rate:
        As to
        each Mortgage Loan, and at any time, the per annum rate equal to the Mortgage
        Rate less the sum of (i) the Servicing Fee Rate, (ii) the Trustee Fee Rate
        and
        (iii) the rate at which the LPMI Fee is calculated, if any.

       

      Net
        Rate Cap:
        With
        respect to any Distribution Date and the Class I-A Certificates and Class
        I-M
        Certificates, the excess, if any, of (A) a per annum rate equal to the product
        of (x) the weighted average of the Net Mortgage Rates on the then outstanding
        Group I Mortgage Loans, weighted based on the Stated Principal Balances of
        such
        Group I Mortgage Loans as
        of the
        related Due Date prior to giving effect to any reduction in the Stated Principal
        Balances of such Group I Mortgage Loans on such Due Date,
        and (y)
        a fraction, the numerator of which is 30 and the denominator of which is
        the
        actual number of days elapsed in the related Accrual Period, over (B) an
        amount,
        expressed as a per annum rate, equal to the sum of (i) the Group I Net Swap
        Payment payable to the Group I Swap Provider on such Distribution Date and
        (ii)
        any Group I Swap Termination Payment not due to a Group I Swap Provider Trigger
        Event payable to the Group I Swap Provider (to the extent not paid by the
        Swap
        Administrator from any upfront payment received pursuant to any related
        replacement interest rate swap agreement that may be entered into by the
        Group I
        Supplemental Interest Trust Trustee), divided by the aggregate outstanding
        Stated Principal Balance of the Group I Mortgage Loans as of the related
        Due
        Date prior to giving effect to any reduction in the Stated Principal Balances
        of
        such Group I Mortgage Loans on such Due Date, multiplied by 12. The Net Rate
        Cap
        for the Class I-A Certificates and Class I-M Certificates will be adjusted]
        to
        an effective rate reflecting the accrual of interest on an actual/360 basis.
        With respect to any Distribution Date and the REMIC IV Regular Interests
        the
        ownership of which is represented by Class I-A Certificates and Class I-M
        Certificates, a per annum rate equal to the weighted average (adjusted for
        the
        actual number of days elapsed in the related Accrual Period) of the
        Uncertificated REMIC III Pass-Through Rates on the REMIC III Group I Regular
        Interests (other than REMIC III Regular Interests I-IO and I-P), weighted
        on the
        basis of the Uncertificated Principal Balances of each such REMIC III Group
        I
        Regular Interest immediately prior to such Distribution Date.

       

      With
        respect to any Distribution Date and the Class II-1A Certificates, the excess,
        if any, of (A) a per annum rate equal to the product of (x) the weighted
        average
        of the Net Mortgage Rates on the then outstanding Group II Mortgage Loans
        in
        Subgroup II-1, weighted based on the Stated Principal Balances of such Group
        II
        Mortgage Loans as of the related Due Date prior to giving effect to any
        reduction in the Stated Principal Balances of such Group II Mortgage Loans
        on
        such Due Date, and (y) a fraction, the numerator of which is 30 and the
        denominator of which is the actual number of days elapsed in the related
        Accrual
        Period, over (B) an amount, expressed as a per annum rate, equal to the sum
        of
        (i) the Group II Net Swap Payment payable to the Group II Swap Provider on
        such
        Distribution Date and (ii) any Group II Swap Termination Payment not due
        to a
        Group II Swap Provider Trigger Event payable to the Group II Swap Provider
        (to
        the extent not paid by the Swap Administrator from any upfront payment received
        pursuant to any related replacement interest rate swap agreement that may
        be
        entered into by the Group II Supplemental Interest Trust Trustee), divided
        by
        the aggregate outstanding Stated Principal Balance of the Group II Mortgage
        Loans as of the related Due Date prior to giving effect to any reduction
        in the
        Stated Principal Balances of such Group II Mortgage Loans on such Due Date,
        multiplied by 12. The Net Rate Cap for the Class II-1A Certificates will
        be
        adjusted] to an effective rate reflecting the accrual of interest on an
        actual/360 basis. With respect to any Distribution Date and the REMIC IV
        Regular
        Interests the ownership of which is represented by the Class II-1A Certificates,
        a per annum rate equal to the weighted average (adjusted for the actual number
        of days elapsed in the related Accrual Period) of the Uncertificated REMIC
        III
        Pass-Through Rate on REMIC III Regular Interest II-1-Grp, weighted on the
        basis
        of the Uncertificated Principal Balance of such REMIC III Regular Interest
        immediately prior to such Distribution Date.

       

      With
        respect to any Distribution Date and the Class II-2A Certificates, the excess,
        if any, of (A) a per annum rate equal to the product of (x) the weighted
        average
        of the Net Mortgage Rates on the then outstanding Mortgage Loans in Subgroup
        II-2, weighted based on the Stated Principal Balances of such Group II Mortgage
        Loans as of the related Due Date prior to giving effect to any reduction
        in the
        Stated Principal Balances of such Group II Mortgage Loans on such Due Date,
        and
        (y) a fraction, the numerator of which is 30 and the denominator of which
        is the
        actual number of days elapsed in the related Accrual Period, over (B) an
        amount,
        expressed as a per annum rate, equal to the sum of (i) the Group II Net Swap
        Payment payable to the Group II Swap Provider on such Distribution Date and
        (ii)
        any Group II Swap Termination Payment not due to a Group II Swap Provider
        Trigger Event payable to the Group II Swap Provider (to the extent not paid
        by
        the Swap Administrator from any upfront payment received pursuant to any
        related
        replacement interest rate swap agreement that may be entered into by the
        Group
        II Supplemental Interest Trust Trustee), divided by the aggregate outstanding
        Stated Principal Balance of the Group II Mortgage Loans as of the related
        Due
        Date prior to giving effect to any reduction in the Stated Principal Balances
        of
        such Group II Mortgage Loans on such Due Date, multiplied by 12. The Net
        Rate
        Cap for the Class II-2A Certificates will be adjusted to an effective rate
        reflecting the accrual of interest on an actual/360 basis. With respect to
        any
        Distribution Date and the REMIC IV Regular Interests the ownership of which
        is
        represented by the Class II-2A Certificates, a per annum rate equal to the
        weighted average (adjusted for the actual number of days elapsed in the related
        Accrual Period) of the Uncertificated REMIC III Pass-Through Rate on REMIC
        III
        Regular Interest II-2-Grp, weighted on the basis of the Uncertificated Principal
        Balance of such REMIC III Regular Interest immediately prior to such
        Distribution Date.

       

      With
        respect to any Distribution Date and the Class II-M Certificates, the excess,
        if
        any, of (A) a per annum rate equal to the product of (x) the weighted average
        of
        the weighted average of the Net Mortgage Rates on the then outstanding Group
        II
        Mortgage Loans in each Subgroup, weighted in proportion to the results of
        subtracting from the aggregate Stated Principal Balances of each such Subgroup
        as of the related Due Date prior to giving effect to any reduction in the
        Stated
        Principal Balances of such Group II Mortgage Loans on such Due Date, the
        aggregate Certificate Principal Balance of the related Class or Classes of
        Class
        II-A Certificates and (y) a fraction, the numerator of which is 30 and the
        denominator of which is the actual number of days elapsed in the related
        Accrual
        Period, over (B) an amount, expressed as a per annum rate, equal to the sum
        of
        (i) the Group II Net Swap Payment payable to the Group II Swap Provider on
        such
        Distribution Date and (ii) any Group II Swap Termination Payment not due
        to a
        Group II Swap Provider Trigger Event payable to the Group II Swap Provider
        (to
        the extent not paid by the Swap Administrator from any upfront payment received
        pursuant to any related replacement interest rate swap agreement that may
        be
        entered into by the Group II Supplemental Interest Trust Trustee), divided
        by
        the aggregate outstanding Stated Principal Balance of the Group II Mortgage
        Loans as of the related Due Date prior to giving effect to any reduction
        in the
        Stated Principal Balances of such Group II Mortgage Loans on such Due Date,
        multiplied by 12. The Net Rate Cap for the Class II-M Certificates will be
        adjusted to an effective rate reflecting the accrual of interest on an
        actual/360 basis. With respect to any Distribution Date and the REMIC IV
        Regular
        Interests the ownership of which is represented by the Class II-M Certificates,
        a per annum rate equal to the weighted average (adjusted for the actual number
        of days elapsed in the related Accrual Period) of the Uncertificated REMIC
        III
        Pass-Through Rates on (a) REMIC III Regular Interest II-1-Sub, subject to
        a cap
        and a floor equal to the Uncertificated REMIC III Pass-Through Rate on REMIC
        III
        Regular Interest II-1-Grp and (b) REMIC III Regular Interest II-2-Sub, subject
        to a cap and a floor equal to the Uncertificated REMIC III Pass-Through Rate
        on
        REMIC III Regular Interest II-2-Grp, in each case as determined for such
        Distribution Date, weighted on the basis of the Uncertificated Principal
        Balances of each such REMIC III Regular Interest immediately prior to such
        Distribution Date.

       

      Net
        Swap Payment:
        Any of
        the Group I Net Swap Payment or the Group II Net Swap Payment.

       

      Non
        Book-Entry Certificate:
        Any
        Certificate other than a Book-Entry Certificate.

       

      Nonrecoverable
        Advance:
        Any
        portion of an Advance previously made or proposed to be made by the Master
        Servicer pursuant to this Agreement, that, in the good faith judgment of
        the
        Master Servicer, will not or, in the case of a proposed advance, would not,
        be
        ultimately recoverable by it from the related Mortgagor, related Liquidation
        Proceeds, Insurance Proceeds or otherwise.

       

      Offered
        Certificates:
        The
        Class I-A-1, Class I-A-2, Class I-A-3, Class I-M-1, Class I-M-2, Class I-M-3,
        Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class I-M-8, Class I-M-9,
        Class II-1A-1, Class II-1A-2, Class II-1A-3, Class II-2A, Class II-M-1, Class
        II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6, Class II-M-7,
        Class II-M-8 and Class II-M-9 Certificates.

       

      Officer’s
        Certificate:
        A
        certificate (i) signed by the Chairman of the Board, the Vice Chairman of
        the
        Board, the President, a Vice President (however denominated), an Assistant
        Vice
        President, the Treasurer, the Secretary, or one of the assistant treasurers
        or
        assistant secretaries of the Depositor or the Master Servicer (or any other
        officer customarily performing functions similar to those performed by any
        of
        the above designated officers and also to whom, with respect to a particular
        matter, such matter is referred because of such officer’s knowledge of and
        familiarity with a particular subject) or (ii), if provided for in this
        Agreement, signed by a Servicing Officer, as the case may be, and delivered
        to
        the Depositor, the Seller, Master Funding and/or the Trustee, as the case
        may
        be, as required by this Agreement.

       

      One-Month
        LIBOR:
        With
        respect to any Accrual Period, the rate determined by the Trustee on the
        related
        Interest Determination Date on the basis of the rate for U.S. dollar deposits
        for one month that appears on Telerate Screen Page 3750 as of 11:00 a.m.
        (London
        time) on such Interest Determination Date. If such rate does not appear on
        such
        page (or such other page as may replace that page on that service, or if
        such
        service is no longer offered, such other service for displaying One-Month
        LIBOR
        or comparable rates as may be reasonably selected by the Trustee), One-Month
        LIBOR for the applicable Accrual Period will be the Reference Bank Rate.
        If no
        such quotations can be obtained by the Trustee and no Reference Bank Rate
        is
        available, One-Month LIBOR will be One-Month LIBOR applicable to the preceding
        Accrual Period. The establishment of One-Month LIBOR on each Interest
        Determination Date by the Trustee and the Trustee’s calculation of the rate of
        interest applicable to the Class A Certificates and Class M Certificates
        for the
        related Accrual Period shall, in the absence of manifest error, be final
        and
        binding.

       

      One-Month
        LIBOR Pass-Through Rate:
        With
        respect to each Class A Certificate and Class M Certificate and, for purposes
        of
        the definitions of “Group I Marker Rate”, “Group I Maximum Uncertificated
        Accrued Interest Deferral Amount”, “Group II Marker Rate” and “Group II Maximum
        Uncertificated Accrued Interest Deferral Amount”, the related REMIC III Regular
        Interest for which such Certificate is the Corresponding Certificate, a per
        annum rate equal to One-Month LIBOR plus the related Certificate
        Margin.

       

      Opinion
        of Counsel:
        A
        written opinion of counsel, who may be counsel for the Seller, the Depositor
        or
        the Master Servicer, reasonably acceptable to each addressee of such opinion;
        provided that with respect to Section 2.05, 7.05, 7.07 or 11.01, or the
        interpretation or application of the REMIC Provisions, such counsel must
        (i) in
        fact be independent of the Seller, Depositor and the Master Servicer, (ii)
        not
        have any direct financial interest in the
        Seller, the
        Depositor or the Master Servicer or in any affiliate of either, and (iii)
        not be
        connected with the Seller, the Depositor or the Master Servicer as an officer,
        employee, promoter, underwriter, trustee, partner, director or person performing
        similar functions.

       

      Optional
        Termination:
        Any of
        Group I Optional Termination or Group II Optional Termination.

       

      Optional
        Termination Date:
        Any of
        the Group I Optional Termination Date or Group II Optional Termination
        Date.

       

      Original
        Value:
        The
        value of the property underlying a Mortgage Loan based, in the case of the
        purchase of the underlying Mortgaged Property, on the lower of an appraisal
        or
        the sales price of such property or, in the case of a refinancing, on an
        appraisal.

       

      OTS:
        The
        Office of Thrift Supervision.

       

      Outstanding:
        With
        respect to the Certificates as of any date of determination, all Certificates
        theretofore executed and authenticated under this Agreement except:

       

      (a) Certificates
        theretofore canceled by the Trustee or delivered to the Trustee for
        cancellation; and

       

      (b) Certificates
        in exchange for which or in lieu of which other Certificates have been executed
        and delivered by the Trustee pursuant to this Agreement.

       

      Outstanding
        Mortgage Loan:
        As of
        any date of determination, a Mortgage Loan with a Stated Principal Balance
        greater than zero that was not the subject of a Principal Prepayment in full,
        and that did not become a Liquidated Loan, prior to the end of the related
        Prepayment Period.

       

      Overcollateralization
        Amount:
        Any of
        the Group I Overcollateralization Amount and Group II Overcollateralization
        Amount.

       

      Overcollateralization
        Release Amount:
        Any of
        the Group I Overcollateralization Release Amount or Group II
        Overcollateralization Release Amount.

       

      Overcollateralization
        Target Amount:
        Any of
        the Group I Overcollateralization Target Amount or Group II
        Overcollateralization Target Amount.

       

      Ownership
        Interest:
        As to
        any Certificate, any ownership interest in such Certificate including any
        interest in such Certificate as the Holder thereof and any other interest
        therein, whether direct or indirect, legal or beneficial.

       

      Pass-Through
        Rate:
        With
        respect to the Class A Certificates and Class M Certificates and any
        Distribution Date, a rate per annum equal to the lesser of (i) the related
        One-Month LIBOR Pass-Through Rate for such Distribution Date and (ii) the
        related Net Rate Cap for such Distribution Date.

       

       

      With
        respect to the Class I-CE Interest and any Distribution Date, a rate per
        annum
        equal to the percentage equivalent of a fraction, the numerator of which
        is the
        sum of the amount determined for each REMIC III Group I Regular Interest
        (other
        than REMIC III Regular Interests I-IO and I-P) equal to the product of (a)
        the
        excess, if any, of the Uncertificated REMIC III Pass-Through Rate for such
        REMIC
        III Group I Regular Interest over the Group I Marker Rate and (b) a notional
        amount equal to the Uncertificated Principal Balance of such REMIC III Group
        I
        Regular Interest, and the denominator of which is the aggregate Uncertificated
        Principal Balance of such REMIC III Group I Regular Interests.

       

       

      With
        respect to the Class II-CE Interest and any Distribution Date, a rate per
        annum
        equal to the percentage equivalent of a fraction, the numerator of which
        is (x)
        the sum of the amount determined for each REMIC III Group II Regular Interest
        (other than REMIC III Regular Interests II-IO, II-P, II-1-Sub, II-1-Grp,
        II-2-Sub, II-2-Grp and II-XX) equal to the product of (a) the excess, if
        any, of
        the Uncertificated REMIC III Pass-Through Rate for such REMIC III Group II
        Regular Interest over the Group II Marker Rate and (b) a notional amount
        equal
        to the Uncertificated Principal Balance of such REMIC III Group II Regular
        Interest, and the denominator of which is (y) the aggregate Uncertificated
        Principal Balance of such REMIC III Group II Regular Interests.

       

      With
        respect to the Class I-CE Certificate, the Class I-CE Certificate shall not
        have
        a Pass-Through Rate, but Current Interest for such Certificate and each
        Distribution Date shall be an amount equal to 100% of the amounts distributable
        to the Class I-CE Interest for such Distribution Date.

       

      With
        respect to the Class II-CE Certificate, the Class II-CE Certificate shall
        not
        have a Pass-Through Rate, but Current Interest for such Certificate and each
        Distribution Date shall be an amount equal to 100% of the amounts distributable
        to the Class II-CE Interest for such Distribution Date.

       

      With
        respect to the Class I-P Certificate and the Class I-P Interest, 0.00% per
        annum.

       

      With
        respect to the Class II-P Certificate and the Class II-P Interest, 0.00%
        per
        annum.

       

      With
        respect to the Class I-IO Interest, Class I-IO Interest shall not have a
        Pass-Through Rate, but Current Interest for such interest and each Distribution
        Date shall be an amount equal to 100% of the amounts distributable to REMIC
        III
        Regular Interest I-IO for such Distribution Date.

       

      With
        respect to the Class II-IO Interest, Class II-IO Interest shall not have
        a
        Pass-Through Rate, but Current Interest for such interest and each Distribution
        Date shall be an amount equal to 100% of the amounts distributable to REMIC
        III
        Regular Interest II-IO for such Distribution Date.

       

      With
        respect to REMIC VII Regular Interest IO, REMIC VII Regular Interest IO shall
        not have a Pass-Through Rate, but Current Interest for such Regular Interest
        and
        each Distribution Date shall be an amount equal to 100% of the amounts
        distributable to the Class I-IO Interest for such Distribution
        Date.

       

      With
        respect to REMIC X Regular Interest IO, REMIC X Regular Interest IO shall
        not
        have a Pass-Through Rate, but Current Interest for such Regular Interest
        and
        each Distribution Date shall be an amount equal to 100% of the amounts
        distributable to the Class II-IO Interest for such Distribution
        Date.

       

      Pass-Through
        Transfer:
        Any
        transaction involving either (1) a sale or other transfer of mortgage loans
        directly or indirectly to an issuing entity in connection with an issuance
        of
        publicly offered or privately placed, rated or unrated mortgage-backed
        securities or (2) an issuance of publicly offered or privately placed, rated
        or
        unrated securities, the payments on which are determined primarily by reference
        to one or more portfolios of residential mortgage loans.

       

      Percentage
        Interest:
        With
        respect to any Certificate of a specified Class, the Percentage Interest
        set
        forth on the face thereof or the percentage obtained by dividing the
        Denomination of such Certificate by the aggregate of the Denominations of
        all
        Certificates of such Class.

       

      Periodic
        Rate Cap:
        With
        respect to each Adjustable Rate Mortgage Loan and any Adjustment Date therefor,
        the fixed percentage set forth in the related Mortgage Note, which is the
        maximum amount by which the Mortgage Rate for such Mortgage Loan may increase
        or
        decrease (without regard to the Maximum Mortgage Rate or the Minimum Mortgage
        Rate) on such Adjustment Date from the Mortgage Rate in effect immediately
        prior
        to such Adjustment Date.

       

      Permitted
        Investments:
        At any
        time, any one or more of the following obligations and securities:

       

      	(i)  	
              obligations
                of the United States or any agency thereof, provided such obligations
                are
                backed by the full faith and credit of the United
                States;

            

       

      	(ii)  	
              general
                obligations of or obligations guaranteed by any state of the United
                States
                or the District of Columbia receiving the highest long-term debt
                rating of
                each Rating Agency, or such lower rating as will not result in the
                downgrading or withdrawal of the ratings then assigned to the Certificates
                by each Rating Agency, as evidenced in
                writing;

            

       

      	(iii)  	
              commercial
                or finance company paper which is then receiving the highest commercial
                or
                finance company paper rating of each Rating Agency, or such lower
                rating
                as will not result in the downgrading or withdrawal of the ratings
                then
                assigned to the Certificates by each Rating Agency, as evidenced
                in
                writing;

            

       

      	(iv)  	
              certificates
                of deposit, demand or time deposits, or bankers’ acceptances issued by any
                depository institution or trust company incorporated under the laws
                of the
                United States or of any state thereof and subject to supervision
                and
                examination by federal and/or state banking authorities (including
                the
                Trustee in its commercial banking capacity), provided that the commercial
                paper and/or long term unsecured debt obligations of such depository
                institution or trust company are then rated one of the two highest
                long-term and the highest short-term ratings of each such Rating
                Agency
                for such securities, or such lower ratings as will not result in
                the
                downgrading or withdrawal of the rating then assigned to the Certificates
                by any Rating Agency, as evidenced in
                writing;

            

       

      	(v)  	
              guaranteed
                reinvestment agreements issued by any bank, insurance company or
                other
                corporation containing, at the time of the issuance of such agreements,
                such terms and conditions as will not result in the downgrading or
                withdrawal of the rating then assigned to the Certificates by each
                Rating
                Agency, as evidenced in writing;

            

       

      	(vi)  	
              repurchase
                obligations with respect to any security described in clauses (i)
                and (ii)
                above, in either case entered into with a depository institution
                or trust
                company (acting as principal) described in clause (v)
                above;

            

       

      	(vii)  	
              securities
                (other than stripped bonds, stripped coupons or instruments sold
                at a
                purchase price in excess of 115% of the face amount thereof) bearing
                interest or sold at a discount issued by any corporation incorporated
                under the laws of the United States or any state thereof which, at
                the
                time of such investment, have one of the two highest short term ratings
                of
                each Rating Agency (except if the Rating Agency is Moody’s, such rating
                shall be the highest commercial paper rating of Moody’s for any such
                securities), or such lower rating as will not result in the downgrading
                or
                withdrawal of the rating then assigned to the Certificates by each
                Rating
                Agency, as evidenced by a signed writing delivered by each Rating
                Agency;

            

       

      	(viii)  	
              interests
                in any money market fund (including any such fund managed or advised
                by
                the Trustee or any affiliate thereof) which at the date of acquisition
                of
                the interests in such fund and throughout the time such interests
                are held
                in such fund has the highest applicable short term rating by each
                Rating
                Agency or such lower rating as will not result in the downgrading
                or
                withdrawal of the ratings then assigned to the Certificates by each
                Rating
                Agency, as evidenced in writing;

            

       

      	(ix)  	
              short
                term investment funds sponsored by any trust company or banking
                association incorporated under the laws of the United States or any
                state
                thereof (including any such fund managed or advised by the Trustee
                or the
                Master Servicer or any affiliate thereof) which on the date of acquisition
                has been rated by each Rating Agency in their respective highest
                applicable rating category or such lower rating as will not result
                in the
                downgrading or withdrawal of the ratings then assigned to the Certificates
                by each Rating Agency, as evidenced in writing;
                and

            

       

      	(x)  	
              such
                other investments having a specified stated maturity and bearing
                interest
                or sold at a discount acceptable to each Rating Agency and as will
                not
                result in the downgrading or withdrawal of the rating then assigned
                to the
                Certificates by any Rating Agency, as evidenced by a signed writing
                delivered by each Rating Agency;

            

       

      provided,
        that no such instrument shall be a Permitted Investment if such instrument
        (i)
        evidences the right to receive interest only payments with respect to the
        obligations underlying such instrument, (ii) is purchased at a premium or
        (iii)
        is purchased at a deep discount; provided further that no such instrument
        shall
        be a Permitted Investment (A) if such instrument evidences principal and
        interest payments derived from obligations underlying such instrument and
        the
        interest payments with respect to such instrument provide a yield to maturity
        of
        greater than 120% of the yield to maturity at par of such underlying
        obligations, or (B) if it may be redeemed at a price below the purchase price
        (the foregoing clause (B) not to apply to investments in units of money market
        funds pursuant to clause (viii) above); provided further that no amount
        beneficially owned by any REMIC may be invested in investments (other than
        money
        market funds) treated as equity interests for federal income tax purposes,
        unless the Trustee shall receive an Opinion of Counsel, at the expense of
        the
        Trustee, to the effect that such investment will not adversely affect the
        status
        of any such REMIC as a REMIC under the Code or result in imposition of a
        tax on
        any such REMIC. Permitted Investments that are subject to prepayment or call
        may
        not be purchased at a price in excess of par.

       

      Permitted
        Transferee:
        Any
        person (x) other than (i) the United States, any State or political subdivision
        thereof, any possession of the United States or any agency or instrumentality
        of
        any of the foregoing, (ii) a foreign government, International Organization
        or
        any agency or instrumentality of either of the foregoing, (iii) an organization
        (except certain farmers’ cooperatives described in section 521 of the Code) that
        is exempt from tax imposed by Chapter 1 of the Code (including the tax imposed
        by section 511 of the Code on unrelated business taxable income) on any excess
        inclusions (as defined in section 860E(c)(1) of the Code) with respect to
        any
        Residual Certificate, (iv) rural electric and telephone cooperatives described
        in section 1381(a)(2)(C) of the Code or (v) on electing large partnership
        within
        the meaning of Section 775(a) of the Code, (y) that is a citizen or resident
        of
        the United States, a corporation, partnership (other than a partnership that
        has
        any direct or indirect foreign partners) or other entity (treated as a
        corporation or a partnership for federal income tax purposes), created or
        organized in or under the laws of the United States, any State thereof or
        the
        District of Columbia, an estate whose income from sources without the United
        States is includible in gross income for United States federal income tax
        purposes regardless of its connection with the conduct of a trade or business
        within the United States, or a trust if a court within the United States
        is able
        to exercise primary supervision over the administration of the trust and
        one or
        more United States persons have authority to control all substantial decisions
        of the trust or if it has a valid election in effect under applicable U.S.
        Treasury regulations to be treated as a United States person and (z) other
        than
        any other Person so designated by the Trustee based upon an Opinion of Counsel
        addressed to the Trustee (which shall not be an expense of the Trustee) that
        states that the Transfer of an Ownership Interest in a Residual Certificate
        to
        such Person may cause REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC
        VI,
        REMIC VII, REMIC VIII, REMIC IX or REMIC X to fail to qualify as a REMIC
        at any
        time that any Certificates are Outstanding. The terms “United States,” “State”
and “International Organization” shall have the meanings set forth in section
        7701 of the Code or successor provisions. A corporation will not be treated
        as
        an instrumentality of the United States or of any State or political subdivision
        thereof for these purposes if all of its activities are subject to tax and,
        with
        the exception of Freddie Mac, a majority of its board of directors is not
        selected by such government unit.

       

      Person:
        Any
        individual, corporation, partnership, joint venture, association, joint-stock
        company, limited liability company, trust, unincorporated organization or
        government, or any agency or political subdivision thereof.

       

      Piggyback
        Loan:
        A
        second lien Mortgage Loan originated by the same originator to the same borrower
        at the same time as the first lien Mortgage Loan, each secured by the same
        Mortgaged Property.

       

      Prepayment
        Assumption:
        The
        applicable rate of prepayment as described in the Prospectus
        Supplement.

       

      Prepayment
        Charge:
        Any
        prepayment premium, penalty or charge payable by a Mortgagor in connection
        with
        any Principal Prepayment on a Mortgage Loan pursuant to the terms of the
        related
        Mortgage Note.

       

      Prepayment
        Charge Waiver Amount:
        Any
        amount paid by the Master Servicer to the Trustee in respect of waived
        Prepayment Charges related to each Loan Group pursuant to Section
        4.01(a).

       

      Prepayment
        Interest Shortfall:
        With
        respect to any Distribution Date, for each Mortgage Loan that was the subject
        of
        a partial Principal Prepayment, a Principal Prepayment in full, or that became
        a
        Liquidated Loan during the related Prepayment Period, (other than a Principal
        Prepayment in full resulting from the purchase of a Mortgage Loan pursuant
        to
        Section 2.02, 2.03, 3.19 or 10.01 hereof), the amount, if any, by which (i)
        one
        month’s interest at the applicable Net Mortgage Rate on the Stated Principal
        Balance of such Mortgage Loan immediately prior to such prepayment (or
        liquidation) or in the case of a partial Principal Prepayment on the amount
        of
        such prepayment (or liquidation proceeds) exceeds (ii) the amount of interest
        paid or collected in connection with such Principal Prepayment or such
        liquidation proceeds less the sum of (a) the Trustee Fee, (b) the Servicing
        Fee
        and the LPMI Fee, if any, in each case with respect to the related Mortgage
        Loan.

       

      
        Prepayment
          Period:
          As
          to any
          Distribution Date, the period commencing on the 16th day of the month prior
          to
          the month in which the related Distribution Date occurs (or with respect
          to the
          first Distribution Date, the period commencing on the Cut-off Date) and
          ending
          on the 15th day of the month in which such Distribution Date
          occurs.

         

      

      Primary
        Mortgage Insurance Policy:
        Any
        primary mortgage guaranty insurance policy issued in connection with a Mortgage
        Loan which provides compensation to a Mortgage Note Holder in the event of
        default by the obligor under such Mortgage Note or the related security
        instrument, if any or any replacement policy therefor through the related
        Accrual Period for such Class relating to a Distribution Date.

       

      Principal
        Distribution Amount:
        With
        respect to each Distribution Date and group of Certificates, an amount equal
        to
        (x) the Principal Funds for the related Loan Group for such Distribution
        Date
        plus (y) any Extra Principal Distribution Amount for the group of Certificates
        for such Distribution Date, less (z) any Overcollateralization Release Amount
        for the related Loan Group.

      

        Principal
          Funds:
          With
          respect to each of Loan Group I, Subgroup II-1 and Subgroup II-2 and any
          Distribution Date,
          (1) the
          sum, without duplication, of (a) all scheduled principal collected on the
          Mortgage Loans in the related Loan Group during the related Due Period,
          (b) all
          Advances relating to principal made with respect to the Mortgage Loans
          in the
          related Loan Group on or before the Distribution Account Deposit Date,
          (c)
          Principal Prepayments exclusive of Prepayment Charges or penalties collected
          on
          the Mortgage Loans in the related Loan Group during the related Prepayment
          Period, (d) the Stated Principal Balance of each Mortgage Loan in the related
          Loan Group that was repurchased by EMC on its own behalf as a Seller and
          on
          behalf of Master Funding) pursuant to Sections 2.02 and 2.03 and by the
          Master
          Servicer pursuant to Section 3.19, (e) the aggregate of all Substitution
          Adjustment Amounts for the related Determination Date in connection with
          the
          substitution of Mortgage Loans of the related Loan Group pursuant to Section
          2.03(c), (f) all Liquidation Proceeds and Subsequent Recoveries collected
          on the
          Mortgage Loans in the related Loan Group during the related Prepayment
          Period
          (to the extent such Liquidation Proceeds and Subsequent Recoveries relate
          to
          principal), in each case to the extent remitted by the Master Servicer
          to the
          Distribution Account pursuant to this Agreement and (g) the principal portion
          of
          any proceeds received from the exercise of a Group I Optional Termination
          or
          Group II Optional Termination, as applicable, minus (2)(i) all amounts
          required
          to be reimbursed pursuant to Sections 4.02 and 4.05 or as otherwise set
          forth in
          this Agreement and (ii) any related Net Swap Payments or related Swap
          Termination Payments (not due to a related Swap Provider Trigger Event
          and to
          the extent not paid by the Swap Administrator from any upfront payment
          received
          pursuant to any related replacement interest rate swap agreement that may
          be
          entered into by the related Supplemental Interest Trust Trustee) owed to
          the
          Swap Administrator for payment to the related Swap Provider for such
          Distribution Date and any such payments remaining unpaid for any prior
          Distribution Dates to the extent not paid from related Interest
          Funds.

         

      

      Principal
        Prepayment:
        Any
        Mortgagor payment or other recovery of (or proceeds with respect to) principal
        on a Mortgage Loan (including loans purchased or repurchased under Sections
        2.02, 2.03, 3.19 and 10.01 hereof) that is received in advance of its scheduled
        Due Date and is not accompanied by an amount as to interest representing
        scheduled interest due on any date or dates in any month or months subsequent
        to
        the month of prepayment. Partial Principal Prepayments shall be applied by
        the
        Master Servicer, as appropriate, in accordance with the terms of the related
        Mortgage Note.

       

      Private
        Certificates:
        Any of
        the Class I-M-10, Class I-M-11, Class II-M-10, Class II-M-11, Class P, Class
        CE
        and Residual Certificates.

       

      Prospectus
        Supplement:
        The
        Prospectus Supplement dated August 28, 2006 relating to the public offering
        of
        the Offered Certificates.

       

      Protected
        Account:
        The
        separate Eligible Account established and maintained by the Master Servicer
        with
        respect to the Mortgage Loans and REO Property in accordance with Section
        4.01
        hereof.

       

      PUD:
        A
        Planned Unit Development.

       

      Purchase
        Price:
        With
        respect to any Mortgage Loan (x) required to be repurchased by the Seller
        pursuant to Section 2.02 or 2.03 hereof or (y) that EMC has a right to purchase
        pursuant to Section 3.19 hereof, an amount equal to the sum of (i) 100% of
        the
        outstanding principal balance of the Mortgage Loan as of the date of such
        purchase (or if the related Mortgaged Property was acquired with respect
        thereto, 100% of the Outstanding Principal Balance at the date of the
        acquisition), plus (ii) accrued interest thereon at the applicable Mortgage
        Rate
        through the first day of the month in which the Purchase Price is to be
        distributed to Certificateholders, reduced by any portion of the Servicing
        Fee,
        Servicing Advances and Advances payable to the purchaser of the Mortgage
        Loan
        plus (iii) any costs and damages (if any) incurred by the Trust in connection
        with any violation of such Mortgage Loan of any anti-predatory lending
        laws.

       

      QIB:
        A
        Qualified Institutional Buyer as defined in Rule 144A promulgated under the
        Securities Act.

       

      Rating
        Agency:
        Each of
        Moody’s, S&P and Fitch. If any such organization or its successor is no
        longer in existence, “Rating Agency” shall be a nationally recognized
        statistical rating organization, or other comparable Person, designated by
        the
        Depositor, notice of which designation shall be given to the Trustee. References
        herein to a given rating category of a Rating Agency shall mean such rating
        category without giving effect to any modifiers.

       

      Realized
        Loss:
        With
        respect to each Mortgage Loan as to which a Final Recovery Determination
        has
        been made, an amount (not less than zero) equal to (i) the unpaid principal
        balance of such Mortgage Loan as of the commencement of the calendar month
        in
        which the Final Recovery Determination was made, plus (ii) accrued interest
        from
        the Due Date as to which interest was last paid by the Mortgagor through
        the end
        of the calendar month in which such Final Recovery Determination was made,
        calculated in the case of each calendar month during such period (A) at an
        annual rate equal to the annual rate at which interest was then accruing
        on such
        Mortgage Loan and (B) on a principal amount equal to the Stated Principal
        Balance of such Mortgage Loan as of the close of business on the Distribution
        Date during such calendar month, minus (iii) the proceeds, if any, received
        in
        respect of such Mortgage Loan during the calendar month in which such Final
        Recovery Determination was made, net of amounts that are payable therefrom
        to
        the Master Servicer pursuant to this Agreement. With respect to each Mortgage
        Loan which is the subject of a Servicing Modification, (a) (1) the amount
        by
        which the interest portion of a monthly payment or the principal balance
        of such
        Mortgage Loan was reduced or (2) the sum of any other amounts owing under
        the
        Mortgage Loan that were forgiven and that constitute Servicing Advances that
        are
        reimbursable to the Master Servicer, and (b) any such amount with respect
        to a
        monthly payment that was or would have been due in the month immediately
        following the month in which a Principal Prepayment or the Purchase Price
        of
        such Mortgage Loan is received or is deemed to have been received and not
        paid
        due to a Servicing Modification. In addition, to the extent the Master Servicer
        receives Subsequent Recoveries with respect to any Mortgage Loan, the amount
        of
        the Realized Loss with respect to that Mortgage Loan will be reduced to the
        extent such recoveries are distributed to any Class of Certificates or applied
        to increase Excess Spread with respect to such Loan Group on any Distribution
        Date.

       

      With
        respect to any REO Property as to which a Final Recovery Determination has
        been
        made, an amount (not less than zero) equal to (i) the unpaid principal balance
        of the related Mortgage Loan as of the date of acquisition of such REO Property
        on behalf of REMIC I, plus (ii) accrued interest from the Due Date as to
        which
        interest was last paid by the Mortgagor in respect of the related Mortgage
        Loan
        through the end of the calendar month immediately preceding the calendar
        month
        in which such REO Property was acquired, calculated in the case of each calendar
        month during such period (A) at an annual rate equal to the annual rate at
        which
        interest was then accruing on the related Mortgage Loan and (B) on a principal
        amount equal to the Stated Principal Balance of the related Mortgage Loan
        as of
        the close of business on the Distribution Date during such calendar month,
        plus
        (iii) REO Imputed Interest for such REO Property for each calendar month
        commencing with the calendar month in which such REO Property was acquired
        and
        ending with the calendar month in which such Final Recovery Determination
        was
        made, minus (iv) the aggregate of all unreimbursed Advances and Servicing
        Advances.

       

      With
        respect to each Mortgage Loan which has become the subject of a Deficient
        Valuation, the difference between the principal balance of the Mortgage Loan
        outstanding immediately prior to such Deficient Valuation and the principal
        balance of the Mortgage Loan as reduced by the Deficient Valuation.

       

      With
        respect to each Mortgage Loan which has become the subject of a Debt Service
        Reduction, the portion, if any, of the reduction in each affected Monthly
        Payment attributable to a reduction in the Mortgage Rate imposed by a court
        of
        competent jurisdiction. Each such Realized Loss shall be deemed to have been
        incurred on the Due Date for each affected Monthly Payment.

       

      Record
        Date:
        With
        respect to any Distribution Date and the Certificates (other than the Class
        CE,
        Class P and Residual Certificates), so long as such Classes of Certificates
        are
        Book-Entry Certificates, the Business Day preceding such Distribution Date,
        and
        otherwise, the close of business on the last Business Day of the month preceding
        the month in which such Distribution Date occurs. With respect to the Class
        CE,
        Class P and Residual Certificates, so long as such Classes of Certificates
        remain non Book-Entry Certificates, the close of business on the last Business
        Day of the month preceding the month in which such Distribution Date
        occurs.

       

      Reference
        Banks:
        Shall
        mean leading banks selected by the Trustee and engaged in transactions in
        Eurodollar deposits in the international Eurocurrency market (i) with an
        established place of business in London, (ii) which have been designated
        as such
        by the Trustee and (iii) which are not controlling, controlled by, or under
        common control with, the Depositor, the Seller or the Master
        Servicer.

       

      Reference
        Bank Rate:
        With
        respect to any Accrual Period shall mean the arithmetic mean, rounded upwards,
        if necessary, to the nearest whole multiple of 0.03125%, of the offered rates
        for United States dollar deposits for one month that are quoted by the Reference
        Banks as of 11:00 a.m., New York City time, on the related Interest
        Determination Date to prime banks in the London interbank market for a period
        of
        one month in an amount approximately equal to the aggregate Certificate
        Principal Balance of the Class A Certificates and Class M Certificates for
        such
        Accrual Period, provided that at least two such Reference Banks provide such
        rate. If fewer than two offered rates appear, the Reference Bank Rate will
        be
        the arithmetic mean, rounded upwards, if necessary, to the nearest whole
        multiple of 0.03125%, of the rates quoted by one or more major banks in New
        York
        City, selected by the Trustee, as of 11:00 a.m., New York City time, on such
        date for loans in United States dollars to leading European banks for a period
        of one month in amounts approximately equal to the aggregate Certificate
        Principal Balance of the Class A Certificates and Class M Certificates for
        such
        Accrual Period.

       

      Regular
        Certificate:
        Any of
        the Group I Regular Certificates and Group II Regular Certificates.

       

      Regular
        Interest:
        A
“regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the
        Code.

       

      Regulation
        AB:
        Subpart
        229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R.
§§229.1100-229.1123, as such may be amended from time to time, and subject
        to
        such clarification and interpretation as have been provided by the Commission
        in
        the adopting release (Asset-Backed Securities, Securities Act Release No.
        33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the
        Commission, or as may be provided by the Commission or its staff from time
        to
        time.

       

      Relief
        Act:
        The
        Servicemembers Civil Relief Act, as amended, or similar state law.

       

      Relief
        Act Interest Shortfall:
        With
        respect to any Distribution Date and any Mortgage Loan, any reduction in
        the
        amount of interest collectible on such Mortgage Loan for the most recently
        ended
        Due Period as a result of the application of the Relief Act.

       

      Remaining
        Excess Spread:
        With
        respect to any Distribution Date and any Loan Group, the Excess Spread relating
        to such Loan Group less any Extra Principal Distribution Amount relating
        to such
        Loan Group, in each case for such Distribution Date.

       

      REMIC:
        A “real
        estate mortgage investment conduit” within the meaning of section 860D of the
        Code.

       

      REMIC
        I:
        The
        segregated pool of assets described in the Preliminary Statement and Section
        5.07(a).

       

      REMIC
        I Regular Interest:
        Any of
        the separate non-certificated beneficial ownership interests in REMIC I issued
        hereunder and designated as a Regular Interest in REMIC I. Each REMIC I Regular
        Interest shall accrue interest at the related Uncertificated REMIC I
        Pass-Through Rate in effect from time to time, and shall be entitled to
        distributions of principal, subject to the terms and conditions hereof, in
        an
        aggregate amount equal to its initial Uncertificated Principal Balance as
        set
        forth in the Preliminary Statement hereto. The designations for the respective
        REMIC I Regular Interests are set forth in the Preliminary Statement hereto.
        The
        REMIC I Regular Interests consist of REMIC I Regular Interest I-1-A through
        REMIC I Regular Interest I-60-B and REMIC I Regular Interest P, each as
        designated in the Preliminary Statement hereto.

       

      REMIC
        II:
        The
        segregated pool of assets described in the Preliminary Statement and Section
        5.07(a).

       

      REMIC
        II Group I Regular Interests:
        REMIC
        II Regular Interest I-1-A through REMIC II Regular Interest I-60-B as designated
        in the Preliminary Statement hereto.

       

      REMIC
        II Group II Regular Interests:
        REMIC
        II Regular Interest II-1-A through REMIC II Regular Interest II-60-B as
        designated in the Preliminary Statement hereto.

       

      REMIC
        II Regular Interest:
        Any of
        the separate non-certificated beneficial ownership interests in REMIC II
        issued
        hereunder and designated as a Regular Interest in REMIC II. Each REMIC II
        Regular Interest shall accrue interest at the related Uncertificated REMIC
        II
        Pass-Through Rate in effect from time to time, and shall be entitled to
        distributions of principal, subject to the terms and conditions hereof, in
        an
        aggregate amount equal to its initial Uncertificated Principal Balance as
        set
        forth in the Preliminary Statement hereto. The designations for the respective
        REMIC II Regular Interests are set forth in the Preliminary Statement hereto.
        The REMIC II Regular Interests consist of the REMIC II Group I Regular
        Interests, the REMIC II Group II Regular Interests and REMIC II Regular Interest
        P, each as designated in the Preliminary Statement hereto.

       

      REMIC
        III:
        The
        segregated pool of assets described in the Preliminary Statement and Section
        5.07(a).

       

      REMIC
        III Group I Interest Loss Allocation Amount:
        With
        respect to any Distribution Date, an amount (subject to adjustment based
        on the
        actual number of days elapsed in the respective Accrual Period) equal to
        (a) the
        product of (i) the aggregate Stated Principal Balance of the Group I Mortgage
        Loans and the related REO Properties then outstanding and (ii) the
        Uncertificated REMIC III Pass-Through Rate for REMIC III Regular Interest
        I-AA
        minus the Group I Marker Rate, divided by (b) 12.

       

      REMIC
        III Group I Overcollateralization Amount:
        With
        respect to any date of determination, (i) 1.00% of the aggregate Uncertificated
        Principal Balance of the REMIC III Group I Regular Interests (other than
        REMIC
        III Regular Interests I-IO and I-P) minus (ii) the aggregate Uncertificated
        Principal Balance of each REMIC III Group I Regular Interest for which a
        Class
        I-A Certificate or Class I-M Certificate is a Corresponding Certificate,
        in each
        case, as of such date of determination.

       

      REMIC
        III Group I Principal Loss Allocation Amount:
        With
        respect to any Distribution Date, an amount equal to the product of (i) the
        aggregate Stated Principal Balance of the Group I Mortgage Loans and the
        related
        REO Properties then outstanding and (ii) 1 minus a fraction, the numerator
        of
        which is two (2) times the aggregate Uncertificated Principal Balance of
        each
        REMIC III Group I Regular Interest for which a Class I-A Certificate or Class
        I-M Certificate is a Corresponding Certificate and the denominator of which
        is
        the aggregate Uncertificated Principal Balance of each REMIC III Group I
        Regular
        Interest for which a Class I-A Certificate or Class I-M Certificate is a
        Corresponding Certificate and REMIC III Regular Interest I-ZZ.

       

      REMIC
        III Group I Regular Interest:
        Any of
        the REMIC III Regular Interests I-AA, I-ZZ, I-A-1, I-A-2, I-A-3, I-M-1, I-M-2,
        I-M-3, I-M-4, I-M-5, I-M-6, I-M-7, I-M-8, I-M-9, I-M-10, I-M-11, I-IO and
        I-P.

       

      REMIC
        III Group I Required Overcollateralization Amount:
        1.00%
        of the Group I Overcollateralization Target Amount.

       

      REMIC
        III Group II Interest Loss Allocation Amount:
        With
        respect to any Distribution Date, an amount (subject to adjustment based
        on the
        actual number of days elapsed in the respective Accrual Period) equal to
        (a) the
        product of (i) 50% of the aggregate Stated Principal Balance of the Group
        II
        Mortgage Loans and the related REO Properties then outstanding and (ii) the
        Uncertificated REMIC III Pass-Through Rate for REMIC III Regular Interest
        II-AA
        minus the Group II Marker Rate, divided by (b) 12.

       

      REMIC
        III Group II Marker Allocation Percentage:
        50% of
        any amount payable or loss allocable from the Group II Mortgage Loans, which
        shall be allocated to REMIC III Regular Interest II-AA, REMIC III Regular
        Interest II-ZZ, and each REMIC III Group II Regular Interest for which a
        Class
        II-A Certificate or Class II-M Certificate is a Corresponding
        Certificate.

       

      REMIC
        III Group II Overcollateralization Amount:
        With
        respect to any date of determination, (i) 0.50% of the aggregate Uncertificated
        Principal Balance of the REMIC III Group II Regular Interests (other than
        REMIC
        III Regular Interests II-IO and II-P) minus (ii) the aggregate Uncertificated
        Principal Balance of each REMIC III Group II Regular Interest for which a
        Class
        II-A Certificate or Class II-M Certificate is a Corresponding Certificate,
        in
        each case, as of such date of determination.

       

      REMIC
        III Group II Principal Loss Allocation Amount:
        With
        respect to any Distribution Date, an amount equal to the product of (i) 50%
        of
        the aggregate Stated Principal Balance of the Group II Mortgage Loans and
        the
        related REO Properties then outstanding and (ii) 1 minus a fraction, the
        numerator of which is two (2) times the aggregate Uncertificated Principal
        Balance of each REMIC III Group II Regular Interest for which a Class II-A
        Certificate or Class II-M Certificate is a Corresponding Certificate and
        the
        denominator of which is the aggregate Uncertificated Principal Balance of
        each
        REMIC III Group II Regular Interest for which a Class II-A Certificate or
        Class
        II-M Certificate is a Corresponding Certificate and REMIC III Regular Interest
        II-ZZ.

       

      REMIC
        III Group II Regular Interest:
        Any of
        the REMIC III Regular Interests II-AA, II-ZZ, II-1A-1, II-1A-2, II-1A-3,
        II-2A,
        II-M-1, II-M-2, II-M-3, II-M-4, II-M-5, II-M-6, II-M-7, II-M-8, II-M-9, II-M-10,
        II-M-11, II-IO, II-P, II-1-Sub, II-1-Grp, II-2-Sub, II-2-Grp and
        II-XX.

       

      REMIC
        III Group II Required Overcollateralization Amount:
        0.50%
        of the Group II Overcollateralization Target Amount.

       

      REMIC
        III Group II Sub WAC Allocation Percentage:
        50% of
        any amount payable or loss allocable from the Group II Mortgage Loans, which
        shall be allocated to REMIC III Regular Interest II-1-Sub, REMIC III Regular
        Interest II-1-Grp, REMIC III Regular Interest II-2-Sub, REMIC III Regular
        Interest II-2-Grp and REMIC III Regular Interest II-XX.

       

      REMIC
        III Group II Subordinated Balance Ratio:
        The
        ratio among the Uncertificated Principal Balances of each REMIC III Group
        II
        Regular Interest ending with the designation “Sub”, equal to the ratio among,
        with respect to each such REMIC III Group II Regular Interest, the excess
        of (x)
        the aggregate Stated Principal Balance of the Group II Mortgage Loans in
        Subgroup II-1 or the Group II Mortgage Loans in Subgroup II-2, as applicable,
        over (y) the current aggregate Certificate Principal Balance of the related
        Class II-A Certificates.

       

      REMIC
        III Regular Interest:
        Any of
        the separate non-certificated beneficial ownership interests in REMIC III
        issued
        hereunder and designated as a Regular Interest in REMIC III. Each REMIC III
        Regular Interest shall accrue interest at the related Uncertificated REMIC
        III
        Pass-Through Rate in effect from time to time, and (except for the REMIC
        III
        Regular Interests I-IO and II-IO) shall be entitled to distributions of
        principal, subject to the terms and conditions hereof, in an aggregate amount
        equal to its initial Uncertificated Principal Balance as set forth in the
        Preliminary Statement hereto. The designations for the respective REMIC III
        Regular Interests are set forth in the Preliminary Statement hereto. The
        REMIC
        III Regular Interests consist of the REMIC III Group I Regular Interests
        and
        REMIC III Group II Regular Interests.

       

      REMIC
        IV:
        The
        segregated pool of assets described in the Preliminary Statement and Section
        5.07(a).

       

      REMIC
        IV Regular Interest:
        The
        Class I-CE Interest, Class II-CE Interest, Class I-P Interest, Class II-P
        Interest, Class I-IO Interest, Class II-IO Interest or any Regular Interest
        in
        REMIC IV the ownership of which is represented by any of the Class A
        Certificates or Class M Certificates.

       

      REMIC
        V:
        The
        segregated pool of assets consisting of the Class I-CE Interest conveyed
        in
        trust to the Trustee, for the benefit of the Holders of the Class I-CE
        Certificates and the Class I-RX Certificate (in respect of the Class I-R-5
        Interest), with respect to which a separate REMIC election is to be
        made.

       

      REMIC
        V Certificate:
        Any
        Class I-CE Certificate or Class I-RX Certificate (in respect of the Class
        I-R-5
        Interest).

       

      REMIC
        VI:
        The
        segregated pool of assets consisting of the Class I-P Interest conveyed in
        trust
        to the Trustee, for the benefit of the Holders of the Class I-P Certificates
        and
        the Class I-RX Certificate (in respect of the Class I-R-6 Interest), with
        respect to which a separate REMIC election is to be made.

       

      REMIC
        VI Certificate:
        Any
        Class I-P Certificate or Class I-RX Certificate (in respect of the Class
        I-R-6
        Interest).

       

      REMIC
        VII:
        The
        segregated pool of assets consisting of the Class I-IO Interest conveyed
        in
        trust to the Trustee, for the benefit of the holders of REMIC VII Regular
        Interest IO and the Class I-RX Certificate (in respect of the Class I-R-7
        Interest), with respect to which a separate REMIC election is to be
        made.

       

      REMIC
        VII Interests:
        The
        REMIC VII Regular Interest IO or Class I-RX Certificate (in respect of the
        Class
        I-R-7 Interest).

       

      REMIC
        VIII:
        The
        segregated pool of assets consisting of the Class II-CE Interest conveyed
        in
        trust to the Trustee, for the benefit of the Holders of the Class II-CE
        Certificates and the Class II-RX Certificate (in respect of the Class II-R-8
        Interest), with respect to which a separate REMIC election is to be
        made.

       

      REMIC
        VIII Certificate:
        Any
        Class II-CE Certificate or Class II-RX Certificate (in respect of the Class
        II-R-8 Interest).

       

      REMIC
        IX:
        The
        segregated pool of assets consisting of the Class II-P Interest conveyed
        in
        trust to the Trustee, for the benefit of the Holders of the Class II-P
        Certificates and the Class II-RX Certificate (in respect of the Class II-R-9
        Interest), with respect to which a separate REMIC election is to be
        made.

       

      REMIC
        IX Certificate:
        Any
        Class II-P Certificate or Class II-RX Certificate (in respect of the Class
        II-R-9 Interest).

       

      REMIC
        X:
        The
        segregated pool of assets consisting of the Class II-IO Interest conveyed
        in
        trust to the Trustee, for the benefit of the holders of REMIC X Regular Interest
        IO and the Class II-RX Certificate (in respect of the Class II-R-10 Interest),
        with respect to which a separate REMIC election is to be made.

       

      REMIC
        X Interests:
        The
        REMIC X Regular Interest IO or Class II-RX Certificate (in respect of the
        Class
        II-R-10 Interest).

       

      REMIC
        Opinion:
        Shall
        mean an Opinion of Counsel to the effect that the proposed action will not
        cause
        any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI, REMIC VII,
        REMIC VIII, REMIC IX or REMIC X to fail to qualify as a REMIC at any time
        that
        any Certificates are outstanding.

       

      REMIC
        Provisions:
        Provisions of the federal income tax law relating to real estate mortgage
        investment conduits, which appear at Sections 860A through 860G of the Code,
        and
        related provisions, and proposed, temporary and final regulations and published
        rulings, notices and announcements promulgated thereunder, as the foregoing
        may
        be in effect from time to time, as well as provisions of applicable state
        laws.

       

      REMIC
        Regular Interests:
        The
        REMIC I Regular Interests, REMIC II Regular Interests and REMIC III Regular
        Interests.

       

      Remittance
        Date:
        Shall
        mean the Business Day immediately preceding the Distribution Account Deposit
        Date.

       

      Remittance
        Report:
        Shall
        mean a report to the Trustee in an electronic format (or by such other means
        as
        the Master Servicer and the Trustee may agree from time to time) containing
        such
        data and information, as agreed to by the Master Servicer and the Trustee
        such
        as to permit the Trustee to prepare the Monthly Statement to
        Certificateholders.

       

      REO
        Imputed Interest:
        As to
        any REO Property, for any calendar month during which such REO Property was
        at
        any time part of REMIC I, one month’s interest at the applicable Net Mortgage
        Rate on the Stated Principal Balance of such REO Property (or, in the case
        of
        the first such calendar month, of the related Mortgage Loan, if appropriate)
        as
        of the close of business on the Distribution Date in such calendar
        month.

       

      REO
        Property:
        A
        Mortgaged Property acquired by the Master Servicer through foreclosure or
        deed-in-lieu of foreclosure in connection with a defaulted Mortgage
        Loan.

       

      Replacement
        Mortgage Loan:
        A
        Mortgage Loan or Mortgage Loans in the aggregate substituted by the Seller
        for a
        Deleted Mortgage Loan, which must, on the date of such substitution, as
        confirmed in a Request for Release, (i) have a Stated Principal Balance,
        after
        deduction of the principal portion of the Scheduled Payment due in the month
        of
        substitution, not in excess of, and not less than 90% of, the Stated Principal
        Balance of the Deleted Mortgage Loan; (ii) if the Replacement Mortgage Loan
        is a
        fixed rate Mortgage Loan, have a fixed Mortgage Rate not less than or more
        than
        1% per annum higher than the Mortgage Rate of the Deleted Mortgage Loan;
        (iii)
        have the same or higher credit quality characteristics than that of the Deleted
        Mortgage Loan; (iv) have a Loan-to-Value Ratio no higher than that of the
        Deleted Mortgage Loan; (v) have a remaining term to maturity no greater than
        (and not more than one year less than) that of the Deleted Mortgage Loan;
        (vi)
        not permit conversion of the Mortgage Rate from a fixed rate to a variable
        rate;
        (vii) have the same lien priority as the Deleted Mortgage Loan; (viii)
        constitute the same occupancy type as the Deleted Mortgage Loan or be owner
        occupied; (ix) if the Replacement Mortgage Loan is an Adjustable Rate Mortgage
        Loan, have a Maximum Mortgage Rate not less than the Maximum Mortgage Rate
        on
        the Deleted Mortgage Loan, (x) if the Replacement Mortgage Loan is an Adjustable
        Rate Mortgage Loan, have a Minimum Mortgage Rate not less than the Minimum
        Mortgage Rate of the Deleted Mortgage Loan, (xi) if the Replacement Mortgage
        Loan is an Adjustable Rate Mortgage Loan, have a Gross Margin equal to or
        greater than the Gross Margin of the Deleted Mortgage Loan, (xii) if the
        Replacement Mortgage Loan is an Adjustable Rate Mortgage Loan, have a next
        Adjustment Date not more than two months later than the next Adjustment Date
        on
        the Deleted Mortgage Loan, (xiii) comply with each representation and warranty
        set forth in Section 7 of the Mortgage Loan Purchase Agreement and (xiv)
        the
        Custodian has delivered a Final Certification noting no defects or
        exceptions.

       

      Reportable
        Event:
        As
        defined in Section 3.16(a)(iii).

       

      Request
        for Release:
        The
        Request for Release to be submitted by the Seller or the Master Servicer
        to the
        Custodian substantially in the form of Exhibit G. Each Request for Release
        furnished to the Custodian by the Seller or the Master Servicer shall be
        in
        duplicate and shall be executed by an officer of such Person or a Servicing
        Officer (or, if furnished electronically to the Custodian, shall be deemed
        to
        have been sent and executed by an officer of such Person or a Servicing Officer)
        of the Master Servicer.

       

      Required
        Insurance Policy:
        With
        respect to any Mortgage Loan, any insurance policy that is required to be
        maintained from time to time under this Agreement.

       

      Reserve
        Fund:
        Any of
        the Group I Reserve Fund and Group II Reserve Fund.

       

      Reserve
        Fund Deposit:
        Any of
        the Group I Reserve Fund Deposit and Group II Reserve Fund Deposit.

       

      Residual
        Certificates:
        Any of
        the Group I Residual Certificates and Group II Residual
        Certificates.

       

      Residual
        Interest:
        The
        sole class of “residual interests” in a REMIC within the meaning of Section
        860G(a)(2) of the Code.

       

      Responsible
        Officer:
        With
        respect to the Trustee, any Vice President, any Assistant Vice President,
        the
        Secretary, any Assistant Secretary, or any Trust Officer with specific
        responsibility for the transactions contemplated hereby, any other officer
        customarily performing functions similar to those performed by any of the
        above
        designated officers or other officers of the Trustee specified by the Trustee,
        as to whom, with respect to a particular matter, such matter is referred
        because
        of such officer’s knowledge of and familiarity with the particular
        subject.

       

      S&P:
        Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., and any
        successor thereto.

       

      Sarbanes-Oxley
        Act:
        The
        Sarbanes-Oxley Act of 2002 and the rules and regulations of the Commission
        promulgated thereunder (including any interpretations thereof by the
        Commission’s staff).

       

      Sarbanes-Oxley
        Certification:
        As
        defined in Section 3.16(a)(iv).

       

      Scheduled
        Payment:
        The
        scheduled monthly payment on a Mortgage Loan due on any Due Date allocable
        to
        principal and/or interest on such Mortgage Loan.

       

      Securities
        Act:
        The
        Securities Act of 1933, as amended.

       

      Seller:
        EMC or
        Master Funding, in each case in its capacity as seller of the Mortgage Loans
        to
        the Depositor.

       

      Senior
        Certificates:
        Any of
        the Class I-A Certificates and Class II-A Certificates.

       

      Servic(es)(ing):
        In
        accordance with Regulation AB, the act of servicing and administering the
        Mortgage Loans or any other assets of the Trust by an entity that meets the
        definition of “servicer’ set forth in Item 1101 of Regulation AB and is subject
        to the disclosure requirements set forth in 1108 of Regulation AB. For
        clarification purposes, any uncapitalized occurrence of this term shall have
        the
        meaning commonly understood by participants in the residential mortgage-backed
        securitization market.

       

      Servicing
        Advances:
        All
        customary, reasonable and necessary “out of pocket” costs and expenses
        (including reasonable legal fees) incurred in the performance by the Master
        Servicer of its servicing obligations hereunder, including, but not limited
        to,
        the cost of (i) the preservation, restoration and protection of a Mortgaged
        Property, (ii) any enforcement or judicial proceedings, including foreclosures,
        and including any expenses incurred in relation to any such proceedings that
        result from the Mortgage Loan being registered in the MERS® System, (iii) the
        management and liquidation of any REO Property (including, without limitation,
        realtor’s commissions) and (iv) compliance with any obligations under Section
        3.07 hereof to cause insurance to be maintained.

       

      Servicing
        Criteria:
        The
“servicing criteria” set forth in Item 1122(d) of Regulation AB, as such may be
        amended from time to time.

       

      Servicing
        Fee:
        As to
        each Mortgage Loan and any Distribution Date, an amount equal to 1/12th of
        the
        Servicing Fee Rate multiplied by the Stated Principal Balance of such Mortgage
        Loan as of the Due Date in the month preceding the month in which such
        Distribution Date occurs or, in the event of any payment of interest that
        accompanies a Principal Prepayment in full during the related Due Period
        made by
        the Mortgagor immediately prior to such prepayment, interest at the Servicing
        Fee Rate on the Stated Principal Balance of such Mortgage Loan for the period
        covered by such payment of interest.

       

      Servicing
        Fee Rate:
        0.500%
        per annum.

       

      Servicing
        Modification:
        With
        respect to any Mortgage Loan that is in default or, in the reasonable judgment
        of the Master Servicer, as to which default is reasonably foreseeable, any
        modification which is effected by the Master Servicer in accordance with
        the
        terms of this Agreement which results in any change in the outstanding Stated
        Principal Balance, any change in the Mortgage Rate or any extension of the
        term
        of such Mortgage Loan.

       

      Servicing
        Officer:
        Any
        officer of the Master Servicer involved in, or responsible for, the
        administration and servicing of the Mortgage Loans whose name and facsimile
        signature appear on a list of servicing officers furnished to the Trustee
        by the
        Master Servicer on the Closing Date pursuant to this Agreement, as such list
        may
        from time to time be amended.

       

      Significance
        Estimate:
        Any of
        the Group I Significance Estimate and the Group II Significance
        Estimate.

       

      Significance
        Percentage:
        Any of
        the Group I Significance Percentage and the Group II Significance
        Percentage.

       

      Sponsor:
        EMC
        Mortgage Corporation, in its capacity as sponsor hereunder.

       

      Startup
        Day:
        The
        Startup Day for each REMIC formed hereunder shall be the Closing
        Date.

       

      Stated
        Principal Balance:
        With
        respect to any Mortgage Loan or related REO Property and any Distribution
        Date,
        the Cut-off Date Principal Balance thereof minus the sum of (i) the principal
        portion of the Scheduled Payments due with respect to such Mortgage Loan
        during
        each Due Period ending prior to such Distribution Date (and irrespective
        of any
        delinquency in their payment), (ii) all Principal Prepayments with respect
        to
        such Mortgage Loan received prior to or during the related Prepayment Period,
        and all Liquidation Proceeds to the extent applied by the Master Servicer
        as
        recoveries of principal in accordance with Section 3.09 with respect to such
        Mortgage Loan, that were received by the Master Servicer as of the close
        of
        business on the last day of the calendar month immediately preceeding such
        Distribution Date and (iii) any Realized Losses on such Mortgage Loan incurred
        during the related Due Period. The Stated Principal Balance of a Liquidated
        Loan
        equals zero.

       

      Subgroup:
        Any of
        Subgroup II-1 or Subgroup II-2.

       

      Subgroup
        I:
        The
        group of Group II Mortgage Loans included as such on the Mortgage Loan
        Schedule.

       

      Subgroup
        II:
        The
        group of Group II Mortgage Loans included as such on the Mortgage Loan
        Schedule.

       

      Subgroup
        II-1 Mortgage Loans:
        The
        Mortgage Loans identified as such on the Mortgage Loan Schedule.

       

      Subgroup
        II-1 Principal Distribution Amount:
        With
        respect to the Class II-1A Certificates and any Distribution Date is the
        product
        of the Principal Distribution Amount related to Loan Group II, and a fraction,
        the numerator of which is the Principal Funds for Subgroup II-1 for such
        Distribution Date and the denominator of which is the Principal Funds for
        Subgroup II-1 and Subgroup II-2 for such Distribution Date.

       

      Subgroup
        II-2 Mortgage Loans:
        The
        Mortgage Loans identified as such on the Mortgage Loan Schedule.

       

      Subgroup
        II-2 Principal Distribution Amount:
        With
        respect to the Class II-2A Certificates and any Distribution Date is the
        product
        of the Principal Distribution Amount related to Loan Group II, and a fraction,
        the numerator of which is the Principal Funds for Subgroup II-2 for such
        Distribution Date and the denominator of which is the Principal Funds for
        Subgroup II-1 and Subgroup II-2 for such Distribution Date.

       

      Subordinated
        Certificates:
        The
        Class M Certificates, Class CE Certificates and Residual
        Certificates.

       

      Subsequent
        Recoveries:
        As of
        any Distribution Date, amounts received by the Master Servicer (net of any
        related expenses permitted to be reimbursed pursuant to Section 4.02) or
        surplus
        amounts held by the Master Servicer to cover estimated expenses (including,
        but
        not limited to, recoveries in respect of the representations and warranties
        made
        by the Seller pursuant to the Mortgage Loan Purchase Agreement) specifically
        related to a Mortgage Loan that was the subject of a liquidation or final
        disposition of any REO Property prior to the related Prepayment Period that
        resulted in a Realized Loss.

       

      Subservicing
        Agreement:
        Any
        agreement entered into between the Master Servicer and a subservicer with
        respect to the subservicing of any Mortgage Loan hereunder by such
        subservicer.

       

      Substitution
        Adjustment Amount:
        The
        meaning ascribed to such term pursuant to Section 2.03(c).

       

      Sub-Trust:
        Each of
        the Group I Sub-Trust and the Group II Sub-Trust.

       

      Successor
        Master Servicer:
        The
        meaning ascribed to such term pursuant to Section 8.02.

       

      Supplemental
        Interest Trust:
        Any of
        the Group I Supplemental Interest Trust and Group II Supplemental Interest
        Trust.

       

      Supplemental
        Interest Trust Trustee:
        Any of
        the Group I Supplemental Interest Trust Trustee or Group II Supplemental
        Interest Trust Trustee.

      

      Swap
        Account:
        Any of
        the Group I Swap Account and Group II Swap Account.

       

      Swap
        Administrator:
        LaSalle
        Bank National Association acting as Swap administrator under the Swap
        Administration Agreement.

       

      Swap
        Administration Agreement:
        The
        Swap Administration Agreement, dated August 30, 2006, pursuant to which the
        Swap
        Administrator will make payments to the related Swap Provider and the related
        Certificateholders, and certain other payments, as such agreement may be
        amended
        or supplemented from time to time.

       

      Swap
        LIBOR:
        For any
        Distribution Date, a per annum rate equal to the Floating Rate Option (as
        defined in the related Swap Agreement) for the related Calculation Period
        (as
        defined in the related Swap Agreement).

       

      Swap
        Provider:
        Any of
        the Group I Swap Provider and Group II Swap Provider.

       

      Swap
        Provider Trigger Event:
        Any of
        the Group I Swap Provider Trigger Event and Group II Swap Provider Trigger
        Event.

       

      Swap
        Termination Payment:
        Any of
        the Group I Swap Termination Payment and Group II Swap Termination
        Payment.

       

      Tax
        Matters Person:
        The
        person designated as “tax matters person” in the manner provided under Treasury
        Regulation Sections 1.860F-4(d) and 301.6231(a)(7)-1T. The Holder of the
        greatest Percentage Interest in a Class of Residual Certificates shall be
        the
        Tax Matters Person for the related REMIC. The Trustee, or any successor thereto
        or assignee thereof, shall serve as tax administrator hereunder and as agent
        for
        the related Tax Matters Person.

       

      Transfer:
        Any
        direct or indirect transfer or sale of any Ownership Interest in a
        Certificate.

       

      Transfer
        Affidavit:
        As
        defined in Section 6.02.

       

      Trigger
        Event:
        Any of
        a Group I Trigger Event or Group II Trigger Event.

       

      Trust
        Fund or Trust:
        The
        corpus of the trust created hereunder consisting of (i) the Mortgage Loans
        and
        all interest accruing and principal due with respect thereto after the Cut-off
        Date to the extent not applied in computing the Cut-off Date Principal Balance
        thereof; (ii) the Distribution Account, the Class I-P Certificate Account,
        the
        Class II-P Certificate Account, the Reserve Funds and the Protected Account
        and
        all amounts deposited therein pursuant to the applicable provisions of this
        Agreement; (iii) property that secured a Mortgage Loan and has been acquired
        by
        foreclosure, deed in lieu of foreclosure or otherwise; (iv) the mortgagee’s
        rights under the Insurance Policies with respect to the Mortgage Loans; (v)
        the
        rights under the Swap Administration Agreement relating to the Certificates;
        (vi) the rights under the Mortgage Loan Purchase Agreement; and (vii) all
        proceeds of the foregoing, including proceeds of conversion, voluntary or
        involuntary, of any of the foregoing into cash or other liquid
        property.

       

      Trustee:
        LaSalle
        Bank National Association, for the benefit of the Certificateholders under
        this
        Agreement, a national banking association and any successor thereto, and
        any
        corporation or national banking association resulting from or surviving any
        consolidation or merger to which it or its successors may be a party and
        any
        successor trustee as may from time to time be serving as successor trustee
        hereunder.

       

      Trustee
        Fee:
        As to
        each Mortgage Loan and any Distribution Date, a per annum fee equal to 0.0065%
        multiplied by the Stated Principal Balance of such Mortgage Loan as of the
        Due
        Date in the month preceding the month in which such Distribution Date
        occurs.

       

      Uncertificated
        Accrued Interest:
        With
        respect to each REMIC Regular Interest on each Distribution Date, an amount
        equal to one month’s interest at the related Uncertificated Pass-Through Rate on
        the related Uncertificated Principal Balance or related Uncertificated Notional
        Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued
        Interest will be reduced by any Prepayment Interest Shortfalls and Relief
        Act
        Interest Shortfalls (allocated to such REMIC Regular Interests as set forth
        in
        Section 1.02).

       

      Uncertificated
        Notional Amount:
        With
        respect to the Class I-CE Interest and any Distribution Date, an amount equal
        to
        the aggregate Uncertificated Principal Balance of the REMIC III Group I Regular
        Interests (other than REMIC III Regular Interest I-P) for such Distribution
        Date.

       

      With
        respect to the Class II-CE Interest and any Distribution Date, an amount
        equal
        to the aggregate Uncertificated Principal Balance of the REMIC III Group
        II
        Regular Interests (other than REMIC III Regular Interest II-P) for such
        Distribution Date.

       

      With
        respect to REMIC III Regular Interest I-IO and each Distribution Date listed
        below, the aggregate Uncertificated Principal Balance of the REMIC I Regular
        Interests ending with the designation “A” listed below:

       

      
        	
                Distribution
                  Date

              	
                REMIC
                  I Regular Interests

              
	
                1

              	
                I-1-A
                  through I-60-A

              
	
                2

              	
                I-2-A
                  through I-60-A

              
	
                3

              	
                I-3-A
                  through I-60-A

              
	
                4

              	
                I-4-A
                  through I-60-A

              
	
                5

              	
                I-5-A
                  through I-60-A

              
	
                6

              	
                I-6-A
                  through I-60-A

              
	
                7

              	
                I-7-A
                  through I-60-A

              
	
                8

              	
                I-8-A
                  through I-60-A

              
	
                9

              	
                I-9-A
                  through I-60-A

              
	
                10

              	
                I-10-A
                  through I-60-A

              
	
                11

              	
                I-11-A
                  through I-60-A

              
	
                12

              	
                I-12-A
                  through I-60-A

              
	
                13

              	
                I-13-A
                  through I-60-A

              
	
                14

              	
                I-14-A
                  through I-60-A

              
	
                15

              	
                I-15-A
                  through I-60-A

              
	
                16

              	
                I-16-A
                  through I-60-A

              
	
                17

              	
                I-17-A
                  through I-60-A

              
	
                18

              	
                I-18-A
                  through I-60-A

              
	
                19

              	
                I-19-A
                  through I-60-A

              
	
                20

              	
                I-20-A
                  through I-60-A

              
	
                21

              	
                I-21-A
                  through I-60-A

              
	
                22

              	
                I-22-A
                  through I-60-A

              
	
                23

              	
                I-23-A
                  through I-60-A

              
	
                24

              	
                I-24-A
                  through I-60-A

              
	
                25

              	
                I-25-A
                  through I-60-A

              
	
                26

              	
                I-26-A
                  through I-60-A

              
	
                27

              	
                I-27-A
                  through I-60-A

              
	
                28

              	
                I-28-A
                  through I-60-A

              
	
                29

              	
                I-29-A
                  through I-60-A

              
	
                30

              	
                I-30-A
                  through I-60-A

              
	
                31

              	
                I-31-A
                  through I-60-A

              
	
                32

              	
                I-32-A
                  through I-60-A

              
	
                33

              	
                I-33-A
                  through I-60-A

              
	
                34

              	
                I-34-A
                  through I-60-A

              
	
                35

              	
                I-35-A
                  through I-60-A

              
	
                36

              	
                I-36-A
                  through I-60-A

              
	
                37

              	
                I-37-A
                  through I-60-A

              
	
                38

              	
                I-38-A
                  through I-60-A

              
	
                39

              	
                I-39-A
                  through I-60-A

              
	
                40

              	
                I-40-A
                  through I-60-A

              
	
                41

              	
                I-41-A
                  through I-60-A

              
	
                42

              	
                I-42-A
                  through I-60-A

              
	
                43

              	
                I-43-A
                  through I-60-A

              
	
                44

              	
                I-44-A
                  through I-60-A

              
	
                45

              	
                I-45-A
                  through I-60-A

              
	
                46

              	
                I-46-A
                  through I-60-A

              
	
                47

              	
                I-47-A
                  through I-60-A

              
	
                48

              	
                I-48-A
                  through I-60-A

              
	
                49

              	
                I-49-A
                  through I-60-A

              
	
                50

              	
                I-50-A
                  through I-60-A

              
	
                51

              	
                I-51-A
                  through I-60-A

              
	
                52

              	
                I-52-A
                  through I-60-A

              
	
                53

              	
                I-53-A
                  through I-60-A

              
	
                54

              	
                I-54-A
                  through I-60-A

              
	
                55

              	
                I-55-A
                  through I-60-A

              
	
                56

              	
                I-56-A
                  through I-60-A

              
	
                57

              	
                I-57-A
                  through I-60-A

              
	
                58

              	
                I-58-A
                  through I-60-A

              
	
                59

              	
                I-59-A
                  through I-60-A

              
	
                60

              	
                I-60-A

              
	
                thereafter

              	
                $0.00

              

      

      

      With
        respect to REMIC III Regular Interest II-IO and each Distribution Date listed
        below, the aggregate Uncertificated Principal Balance of the REMIC II Regular
        Interests ending with the designation “A” listed below:

       

      
        	
                Distribution
                  Date

              	
                REMIC
                  II Regular Interests

              
	
                1

              	
                I-1-A
                  through I-60-A and II-1-A through II-60-A

              
	
                2

              	
                I-2-A
                  through I-60-A and II-2-A through II-60-A

              
	
                3

              	
                I-3-A
                  through I-60-A and II-3-A through II-60-A

              
	
                4

              	
                I-4-A
                  through I-60-A and II-4-A through II-60-A

              
	
                5

              	
                I-5-A
                  through I-60-A and II-5-A through II-60-A

              
	
                6

              	
                I-6-A
                  through I-60-A and II-6-A through II-60-A

              
	
                7

              	
                I-7-A
                  through I-60-A and II-7-A through II-60-A

              
	
                8

              	
                I-8-A
                  through I-60-A and II-8-A through II-60-A

              
	
                9

              	
                I-9-A
                  through I-60-A and II-9-A through II-60-A

              
	
                10

              	
                I-10-A
                  through I-60-A and II-10-A through II-60-A

              
	
                11

              	
                I-11-A
                  through I-60-A and II-11-A through II-60-A

              
	
                12

              	
                I-12-A
                  through I-60-A and II-12-A through II-60-A

              
	
                13

              	
                I-13-A
                  through I-60-A and II-13-A through II-60-A

              
	
                14

              	
                I-14-A
                  through I-60-A and II-14-A through II-60-A

              
	
                15

              	
                I-15-A
                  through I-60-A and II-15-A through II-60-A

              
	
                16

              	
                I-16-A
                  through I-60-A and II-16-A through II-60-A

              
	
                17

              	
                I-17-A
                  through I-60-A and II-17-A through II-60-A

              
	
                18

              	
                I-18-A
                  through I-60-A and II-18-A through II-60-A

              
	
                19

              	
                I-19-A
                  through I-60-A and II-19-A through II-60-A

              
	
                20

              	
                I-20-A
                  through I-60-A and II-20-A through II-60-A

              
	
                21

              	
                I-21-A
                  through I-60-A and II-21-A through II-60-A

              
	
                22

              	
                I-22-A
                  through I-60-A and II-22-A through II-60-A

              
	
                23

              	
                I-23-A
                  through I-60-A and II-23-A through II-60-A

              
	
                24

              	
                I-24-A
                  through I-60-A and II-24-A through II-60-A

              
	
                25

              	
                I-25-A
                  through I-60-A and II-25-A through II-60-A

              
	
                26

              	
                I-26-A
                  through I-60-A and II-26-A through II-60-A

              
	
                27

              	
                I-27-A
                  through I-60-A and II-27-A through II-60-A

              
	
                28

              	
                I-28-A
                  through I-60-A and II-28-A through II-60-A

              
	
                29

              	
                I-29-A
                  through I-60-A and II-29-A through II-60-A

              
	
                30

              	
                I-30-A
                  through I-60-A and II-30-A through II-60-A

              
	
                31

              	
                I-31-A
                  through I-60-A and II-31-A through II-60-A

              
	
                32

              	
                I-32-A
                  through I-60-A and II-32-A through II-60-A

              
	
                33

              	
                I-33-A
                  through I-60-A and II-33-A through II-60-A

              
	
                34

              	
                I-34-A
                  through I-60-A and II-34-A through II-60-A

              
	
                35

              	
                I-35-A
                  through I-60-A and II-35-A through II-60-A

              
	
                36

              	
                I-36-A
                  through I-60-A and II-36-A through II-60-A

              
	
                37

              	
                I-37-A
                  through I-60-A and II-37-A through II-60-A

              
	
                38

              	
                I-38-A
                  through I-60-A and II-38-A through II-60-A

              
	
                39

              	
                I-39-A
                  through I-60-A and II-39-A through II-60-A

              
	
                40

              	
                I-40-A
                  through I-60-A and II-40-A through II-60-A

              
	
                41

              	
                I-41-A
                  through I-60-A and II-41-A through II-60-A

              
	
                42

              	
                I-42-A
                  through I-60-A and II-42-A through II-60-A

              
	
                43

              	
                I-43-A
                  through I-60-A and II-43-A through II-60-A

              
	
                44

              	
                I-44-A
                  through I-60-A and II-44-A through II-60-A

              
	
                45

              	
                I-45-A
                  through I-60-A and II-45-A through II-60-A

              
	
                46

              	
                I-46-A
                  through I-60-A and II-46-A through II-60-A

              
	
                47

              	
                I-47-A
                  through I-60-A and II-47-A through II-60-A

              
	
                48

              	
                I-48-A
                  through I-60-A and II-48-A through II-60-A

              
	
                49

              	
                I-49-A
                  through I-60-A and II-49-A through II-60-A

              
	
                50

              	
                I-50-A
                  through I-60-A and II-50-A through II-60-A

              
	
                51

              	
                I-51-A
                  through I-60-A and II-51-A through II-60-A

              
	
                52

              	
                I-52-A
                  through I-60-A and II-52-A through II-60-A

              
	
                53

              	
                I-53-A
                  through I-60-A and II-53-A through II-60-A

              
	
                54

              	
                I-54-A
                  through I-60-A and II-54-A through II-60-A

              
	
                55

              	
                I-55-A
                  through I-60-A and II-55-A through II-60-A

              
	
                56

              	
                I-56-A
                  through I-60-A and II-56-A through II-60-A

              
	
                57

              	
                I-57-A
                  through I-60-A and II-57-A through II-60-A

              
	
                58

              	
                I-58-A
                  through I-60-A and II-58-A through II-60-A

              
	
                59

              	
                I-59-A
                  through I-60-A and II-59-A through II-60-A

              
	
                60

              	
                I-60-A
                  and II-60-A

              
	
                thereafter

              	
                $0.00

              

      

      

      With
        respect to the Class I-IO Interest and any Distribution Date, an amount equal
        to
        the Uncertificated Notional Amount of the REMIC III Regular Interest I-IO.
        With
        respect to REMIC VII Regular Interest IO, an amount equal to the Uncertificated
        Notional Amount of the Class I-IO Interest.

       

      With
        respect to the Class II-IO Interest and any Distribution Date, an amount
        equal
        to the Uncertificated Notional Amount of the REMIC III Regular Interest II-IO.
        With respect to REMIC X Regular Interest IO, an amount equal to the
        Uncertificated Notional Amount of the Class II-IO Interest.

       

      Uncertificated
        Pass-Through Rate:
        The
        Uncertificated REMIC I Pass-Through Rate, Uncertificated REMIC II Pass-Through
        Rate or Uncertificated REMIC III Pass-Through Rate.

       

      Uncertificated
        Principal Balance:
        The
        amount of REMIC Regular Interests, Class P Interests and Class CE Interests
        outstanding as of any date of determination. As of the Closing Date, the
        Uncertificated Principal Balance of each REMIC Regular Interest, Class P
        Interest and Class CE Interest shall equal the amount set forth in the
        Preliminary Statement hereto as its initial Uncertificated Principal Balance,
        and on any date of determination thereafter, the Uncertificated Principal
        Balance of the Class I-CE Interest shall be an amount equal to the excess,
        if
        any, of (A) the then aggregate Uncertificated Principal Balance of the REMIC
        III
        Group I Regular Interests, over (B) the then aggregate Certificate Principal
        Balance of the Class I-A Certificates and the Class I-M Certificates and
        the
        Uncertificated Principal Balance of the Class I-P Interest then outstanding,
        and
        the Uncertificated Principal Balance of the Class II-CE Interest shall be
        an
        amount equal to the excess, if any, of (A) the then aggregate Uncertificated
        Principal Balance of the REMIC III Group II Regular Interests, over (B) the
        then
        aggregate Certificate Principal Balance of the Class II-A Certificates and
        the
        Class II-M Certificates and the Uncertificated Principal Balance of the Class
        II-P Interest then outstanding. On each Distribution Date, the Uncertificated
        Principal Balance of the REMIC Regular Interests, Class CE Interests and
        Class P
        Interests shall be reduced by all distributions of principal made on such
        REMIC
        Regular Interests, Class CE Interests and Class P Interests on such Distribution
        Date pursuant to Section 5.07 and, if and to the extent necessary and
        appropriate, shall be further reduced on such Distribution Date by Realized
        Losses as provided in Section 5.05, and the Uncertificated Principal Balances
        of
        REMIC III Regular Interest I-ZZ and REMIC III Regular Interest II-ZZ shall
        be
        increased by interest deferrals as provided in Sections 5.07(c)(1)(ii) and
        5.07(c)(3)(ii), respectively. The Uncertificated Principal Balance of each
        REMIC
        Regular Interest, Class P Interest and Class CE Interest shall never be less
        than zero. 

       

      Uncertificated
        REMIC I Pass-Through Rate:
        With
        respect to each REMIC I Regular Interest ending with the designation “A” and any
        Distribution Date, a per annum rate equal to the weighted average Net Mortgage
        Rate of the Group I Mortgage Loans multiplied by 2, subject to a maximum
        rate of
        10.7940%. With respect to each REMIC I Regular Interest ending with the
        designation “B” and any Distribution Date, the greater of (x) a per annum rate
        equal to the excess, if any, of (1) 2 multiplied by the weighted average
        Net
        Mortgage Rate of the Group I Mortgage Loans over (2) 10.7940% and (y) 0.00%
        per
        annum. 

       

      With
        respect to REMIC I Regular Interest P, 0.00%.

       

      Uncertificated
        REMIC II Pass-Through Rate:
        With
        respect to each REMIC II Group I Regular Interest ending with the designation
        “A” and any Distribution Date, a per annum rate equal to the weighted average
        Net Mortgage Rate of Subgroup II-1 multiplied by 2, subject to a maximum
        rate of
        10.7940%. With respect to each REMIC II Group I Regular Interest ending with
        the
        designation “B” and any Distribution Date, the greater of (x) a per annum rate
        equal to the excess, if any, of (1) 2 multiplied by the weighted average
        Net
        Mortgage Rate of Subgroup II-1 over (2) 10.7940% and (y) 0.00% per annum.
        

       

      With
        respect to each REMIC II Group II Regular Interest ending with the designation
        “A” and any Distribution Date, a per annum rate equal to the weighted average
        Net Mortgage Rate of Subgroup II-2 multiplied by 2, subject to a maximum
        rate of
        10.7940%. With respect to each REMIC II Group II Regular Interest ending
        with
        the designation “B” and any Distribution Date, the greater of (x) a per annum
        rate equal to the excess, if any, of (1) 2 multiplied by the weighted average
        Net Mortgage Rate of Subgroup II-2 over (2) 10.7940% and (y) 0.00% per annum.
        

       

      With
        respect to REMIC II Regular Interest P, 0.00%.

       

      Uncertificated
        REMIC III Pass-Through Rate:
        With
        respect to REMIC III Regular Interest I-AA, each REMIC III Group I Regular
        Interest for which a Class I-A Certificate or Class I-M Certificate is the
        Corresponding Certificate and REMIC III Regular Interest I-ZZ, and any
        Distribution Date, a per annum rate equal to the weighted average of (x)
        the
        Uncertificated REMIC I Pass-Through Rates for the REMIC I Regular Interests
        ending with the designation “B” for such Distribution Date and (y) the rates
        listed below for the REMIC I Regular Interests ending with the designation
“A”
for such Distribution Date, in each case, weighted on the basis of the
        Uncertificated Principal Balances of each such REMIC I Regular Interest for
        such
        Distribution Date:

       

      
        	
                Distribution
                  Date

              	
                REMIC
                  I Regular Interest

              	
                Rate

              
	
                1

              	
                I-1-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	
                2

              	
                I-2-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                3

              	
                I-3-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-2-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                4

              	
                I-4-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-3-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                5

              	
                I-5-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-4-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                6

              	
                I-6-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-5-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                7

              	
                I-7-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-6-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                8

              	
                I-8-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-7-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                9

              	
                I-9-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-8-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                10

              	
                I-10-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-9-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                11

              	
                I-11-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-10-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                12

              	
                I-12-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-11-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                13

              	
                I-13-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-12-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                14

              	
                I-14-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-13-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                15

              	
                I-15-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-14-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                16

              	
                I-16-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-15-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                17

              	
                I-17-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-16-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                18

              	
                I-18-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-17-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                19

              	
                I-19-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-18-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                20

              	
                I-20-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-19-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                21

              	
                I-21-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-20-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                22

              	
                I-22-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-21-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                23

              	
                I-23-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-22-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                24

              	
                I-24-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-23-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                25

              	
                I-25-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-24-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                26

              	
                I-26-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-25-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                27

              	
                I-27-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-26-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                28

              	
                I-28-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-27-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                29

              	
                I-29-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-28-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                30

              	
                I-30-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-29-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                31

              	
                I-31-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-30-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                32

              	
                I-32-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-31-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                33

              	
                I-33-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-32-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                34

              	
                I-34-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-33-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                35

              	
                I-35-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-34-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                36

              	
                I-36-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-35-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                37

              	
                I-37-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-36-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                38

              	
                I-38-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-37-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                39

              	
                I-39-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-38-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                40

              	
                I-40-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-39-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                41

              	
                I-41-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-40-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                42

              	
                I-42-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-41-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                43

              	
                I-43-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-42-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                44

              	
                I-44-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-43-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                45

              	
                I-45-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-44-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                46

              	
                I-46-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-45-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                47

              	
                I-47-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-46-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                48

              	
                I-48-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-47-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                49

              	
                I-49-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-48-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                50

              	
                I-50-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-49-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                51

              	
                I-51-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-50-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                52

              	
                I-52-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-51-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                53

              	
                I-53-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-52-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                54

              	
                I-54-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-53-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                55

              	
                I-55-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-54-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                56

              	
                I-56-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-55-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                57

              	
                I-57-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-56-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                58

              	
                I-58-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-57-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                59

              	
                I-59-A
                  and I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-58-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                60

              	
                I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC I Pass-Through Rate

              
	 	
                I-1-A
                  through I-59-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              
	
                thereafter

              	
                I-1-A
                  through I-60-A

              	
                Uncertificated
                  REMIC I Pass-Through Rate

              

      

      

      With
        respect to REMIC III Regular Interest I-IO and any Distribution Date, a per
        annum rate equal to the excess, if any, of (x) the weighted average of the
        Uncertificated REMIC I Pass-Through Rates for the REMIC I Regular Interests
        ending with the designation “A”, over (y) 2 multiplied by Swap
        LIBOR.

       

      With
        respect to REMIC III Regular Interest I-P,
        0.00%.

       

      With
        respect to REMIC III Regular Interest II-AA, each REMIC III Group II Regular
        Interest for which a Class II-A Certificate or Class II-M Certificate is
        the
        Corresponding Certificate, REMIC III Regular Interest II-ZZ, REMIC III Regular
        Interest II-1-Sub, REMIC III Regular Interest II-2-Sub and REMIC III Regular
        Interest II-XX, and any Distribution Date, a per annum rate equal to the
        weighted average of (x) the Uncertificated REMIC II Pass-Through Rates for
        the
        REMIC II Regular Interests ending with the designation “B” for such Distribution
        Date and (y) the rates listed below for the REMIC II Regular Interests ending
        with the designation “A” for such Distribution Date, in each case, weighted on
        the basis of the Uncertificated Principal Balances of each such REMIC II
        Regular
        Interest for such Distribution Date:

       

      
        	
                Distribution
                  Date

              	
                REMIC
                  II Regular Interest

              	
                Rate

              
	
                1

              	
                I-1-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                2

              	
                I-2-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-2-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                3

              	
                I-3-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-3-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-2-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-2-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                4

              	
                I-4-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-4-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-3-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-3-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                5

              	
                I-5-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-5-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-4-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-4-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                6

              	
                I-6-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-6-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-5-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-5-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                7

              	
                I-7-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-7-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-6-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-6-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                8

              	
                I-8-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-8-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-7-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-7-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                9

              	
                I-9-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-9-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-8-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-8-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                10

              	
                I-10-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-10-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-9-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-9-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                11

              	
                I-11-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-11-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-10-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-10-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                12

              	
                I-12-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-12-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-11-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-11-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                13

              	
                I-13-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-13-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-12-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-12-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                14

              	
                I-14-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-14-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-13-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-13-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                15

              	
                I-15-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-15-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-14-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-14-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                16

              	
                I-16-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-16-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-15-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-15-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                17

              	
                I-17-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-17-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-16-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-16-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                18

              	
                I-18-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-18-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-17-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-17-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                19

              	
                I-19-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-19-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-18-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-18-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                20

              	
                I-20-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-20-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-19-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-19-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                21

              	
                I-21-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-21-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-20-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-20-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                22

              	
                I-22-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-22-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-21-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-21-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                23

              	
                I-23-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-23-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-22-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-22-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                24

              	
                I-24-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-24-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-23-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-23-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                25

              	
                I-25-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-25-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-24-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-24-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                26

              	
                I-26-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-26-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-25-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-25-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                27

              	
                I-27-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-27-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-26-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-26-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                28

              	
                I-28-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-28-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-27-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-27-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                29

              	
                I-29-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-29-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-28-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-28-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                30

              	
                I-30-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-30-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-29-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-29-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                31

              	
                I-31-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-31-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-30-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-30-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                32

              	
                I-32-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-32-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-31-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-31-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                33

              	
                I-33-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-33-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-32-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-32-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                34

              	
                I-34-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-34-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-33-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-33-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                35

              	
                I-35-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-35-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-34-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-34-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                36

              	
                I-36-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-36-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-35-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-35-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                37

              	
                I-37-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-37-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-36-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-36-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                38

              	
                I-38-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-38-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-37-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-37-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                39

              	
                I-39-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-39-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-38-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-38-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                40

              	
                I-40-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-40-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-39-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-39-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                41

              	
                I-41-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-41-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-40-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-40-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                42

              	
                I-42-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-42-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-41-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-41-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                43

              	
                I-43-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-43-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate 

              
	 	
                I-1-A
                  through I-42-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-42-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                44

              	
                I-44-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-44-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-43-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-43-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                45

              	
                I-45-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-45-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-44-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-44-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                46

              	
                I-46-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-46-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-45-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-45-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                47

              	
                I-47-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-47-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-46-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-46-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                48

              	
                I-48-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-48-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-47-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-47-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                49

              	
                I-49-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-49-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-48-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-48-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                50

              	
                I-50-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-50-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-49-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-49-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                51

              	
                I-51-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-51-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-50-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-50-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                52

              	
                I-52-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-52-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-51-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-51-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                53

              	
                I-53-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-53-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-52-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-52-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                54

              	
                I-54-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-54-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-53-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-53-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                55

              	
                I-55-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-55-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-54-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-54-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                56

              	
                I-56-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-56-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-55-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-55-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                57

              	
                I-57-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-57-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-56-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-56-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                58

              	
                I-58-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-58-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-57-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-57-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                59

              	
                I-59-A
                  and I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-59-A
                  and II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-58-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-58-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                60

              	
                I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-59-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-59-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                thereafter

              	
                I-1-A
                  through I-60-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-60-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              

      

      

      With
        respect to REMIC III Regular Interest II-1-Grp and any Distribution Date,
        a per
        annum rate equal to the weighted average of (x) the Uncertificated REMIC
        II
        Pass-Through Rates for the REMIC II Group I Regular Interests ending with
        the
        designation “B” for such Distribution Date and (y) the rates listed below for
        the REMIC II Group I Regular Interests ending with the designation “A” for such
        Distribution Date listed below, in each case, weighted on the basis of the
        Uncertificated Principal Balances of each such REMIC II Group I Regular Interest
        for such Distribution Date:

       

      
        	
                Distribution
                  Date

              	
                REMIC
                  II Regular Interest

              	
                Rate

              
	
                1

              	
                I-1-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                2

              	
                I-2-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                3

              	
                I-3-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-2-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                4

              	
                I-4-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-3-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                5

              	
                I-5-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-4-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                6

              	
                I-1-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-5-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                7

              	
                I-7-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-6-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                8

              	
                I-8-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-7-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                9

              	
                I-9-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-8-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                10

              	
                I-10-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-9-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                11

              	
                I-11-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-10-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                12

              	
                I-12-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-11-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                13

              	
                I-13-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-12-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                14

              	
                I-14-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-13-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                15

              	
                I-15-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-14-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                16

              	
                I-16-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-15-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                17

              	
                I-17-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-16-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                18

              	
                I-18-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-17-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                19

              	
                I-19-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-18-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                20

              	
                I-20-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-19-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                21

              	
                I-21-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-20-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                22

              	
                I-22-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-21-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                23

              	
                I-23-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-22-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                24

              	
                I-24-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-23-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                25

              	
                I-25-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-24-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                26

              	
                I-26-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-25-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                27

              	
                I-27-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-26-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                28

              	
                I-28-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-27-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                29

              	
                I-29-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-28-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                30

              	
                I-30-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-29-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                31

              	
                I-31-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-30-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                32

              	
                I-32-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-31-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                33

              	
                I-33-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-32-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                34

              	
                I-34-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-33-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                35

              	
                I-35-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-34-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                36

              	
                I-36-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-35-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                37

              	
                I-37-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-36-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                38

              	
                I-38-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-37-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                39

              	
                I-39-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-38-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                40

              	
                I-40-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-39-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                41

              	
                I-41-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-40-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                42

              	
                I-42-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-41-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                43

              	
                I-43-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-42-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                44

              	
                I-44-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-43-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                45

              	
                I-45-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-44-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                46

              	
                I-46-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-45-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                47

              	
                I-47-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-46-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                48

              	
                I-48-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-47-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                49

              	
                I-49-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-48-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                50

              	
                I-50-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-49-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                51

              	
                I-51-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-50-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                52

              	
                I-52-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-51-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                53

              	
                I-53-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-52-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                54

              	
                I-54-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-53-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                55

              	
                I-55-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-54-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                56

              	
                I-56-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-55-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                57

              	
                I-57-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-56-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                58

              	
                I-58-A
                  through I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-57-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                59

              	
                I-59-A
                  and I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-58-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                60

              	
                I-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                I-1-A
                  through I-59-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                thereafter

              	
                I-1-A
                  through I-60-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              

      

      

      With
        respect to REMIC III Regular Interest II-2-Grp and any Distribution Date,
        a per
        annum rate equal to the weighted average of (x) the Uncertificated REMIC
        II
        Pass-Through Rates for the REMIC II Group II Regular Interests ending with
        the
        designation “B” for such Distribution Date and (y) the rates listed below for
        the REMIC II Group II Regular Interests ending with the designation “A” for such
        Distribution Date listed below, in each case, weighted on the basis of the
        Uncertificated Principal Balances of each such REMIC II Group II Regular
        Interest for such Distribution Date:

       

      
        	
                Distribution
                  Date

              	
                REMIC
                  II Regular Interest

              	
                Rate

              
	
                1

              	
                II-1-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                2

              	
                II-2-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                3

              	
                II-3-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-2-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                4

              	
                II-4-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-3-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                5

              	
                II-5-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-4-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                6

              	
                II-1-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-5-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                7

              	
                II-7-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-6-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                8

              	
                II-8-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-7-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                9

              	
                II-9-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-8-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                10

              	
                II-10-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-9-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                11

              	
                II-11-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-10-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                12

              	
                II-12-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-11-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                13

              	
                II-13-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-12-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                14

              	
                II-14-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-13-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                15

              	
                II-15-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-14-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                16

              	
                II-16-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-15-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                17

              	
                II-17-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-16-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                18

              	
                II-18-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-17-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                19

              	
                II-19-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-18-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                20

              	
                II-20-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-19-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                21

              	
                II-21-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-20-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                22

              	
                II-22-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-21-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                23

              	
                II-23-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-22-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                24

              	
                II-24-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-23-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                25

              	
                II-25-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-24-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                26

              	
                II-26-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-25-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                27

              	
                II-27-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-26-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                28

              	
                II-28-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-27-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                29

              	
                II-29-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-28-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                30

              	
                II-30-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-29-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                31

              	
                II-31-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-30-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                32

              	
                II-32-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-31-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                33

              	
                II-33-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-32-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                34

              	
                II-34-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-33-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                35

              	
                II-35-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-34-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                36

              	
                II-36-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-35-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                37

              	
                II-37-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-36-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                38

              	
                II-38-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-37-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                39

              	
                II-39-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-38-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                40

              	
                II-40-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-39-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                41

              	
                II-41-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-40-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                42

              	
                II-42-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-41-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                43

              	
                II-43-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-42-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                44

              	
                II-44-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-43-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                45

              	
                II-45-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-44-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                46

              	
                II-46-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-45-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                47

              	
                II-47-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-46-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                48

              	
                II-48-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-47-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                49

              	
                II-49-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-48-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                50

              	
                II-50-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-49-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                51

              	
                II-51-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-50-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                52

              	
                II-52-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-51-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                53

              	
                II-53-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-52-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                54

              	
                II-54-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-53-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                55

              	
                II-55-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-54-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                56

              	
                II-56-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-55-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                57

              	
                II-57-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-56-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                58

              	
                II-58-A
                  through II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-57-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                59

              	
                II-59-A
                  and II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-58-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                60

              	
                II-60-A

              	
                2
                  multiplied by Swap LIBOR, subject to a maximum rate of Uncertificated
                  REMIC II Pass-Through Rate

              
	 	
                II-1-A
                  through II-59-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              
	 	 	 
	
                thereafter

              	
                II-1-A
                  through II-60-A

              	
                Uncertificated
                  REMIC II Pass-Through Rate

              

      

      

      With
        respect to REMIC III Regular Interest II-IO and any Distribution Date, a
        per
        annum rate equal to the excess, if any, of (x) the weighted average of the
        Uncertificated REMIC II Pass-Through Rates for the REMIC II Regular Interests
        ending with the designation “A”, over (y) 2 multiplied by Swap
        LIBOR.

       

      With
        respect to REMIC III Regular Interest II-P, 0.00%.

       

      Unpaid
        Realized Loss Amount:
        With
        respect to any related Class A Certificates and as to any Distribution Date,
        is
        the excess of Applied Realized Loss Amounts with respect to such Class over
        the
        sum of all distributions in reduction of the Applied Realized Loss Amounts
        with
        respect to such Class on all previous Distribution Dates. Any amounts
        distributed to the related Class A Certificates in respect of any Unpaid
        Realized Loss Amount shall not be applied to reduce the Certificate Principal
        Balance of such Class.

       

      Voting
        Rights:
        The
        portion of the voting rights of all the Certificates that is allocated to
        any
        Certificate for purposes of the voting provisions hereunder. Voting Rights
        shall
        be allocated, with respect to matters solely involving the Group I Certificates,
        (i) 92% to the Class I-A Certificates and Class I-M Certificates, (ii) 3%
        to the
        Class I-CE Certificates until paid in full, and (iii) 1% to each of the Class
        I-R-1, Class I-R-2, Class I-R-3, Class I-RX and Class I-P Certificates, with
        the
        allocation among the Certificates (other than the Class I-CE, Class I-P and
        Group I Residual Certificates) to be in proportion to the Certificate Principal
        Balance of each Class relative to the Certificate Principal Balance of all
        other
        such Classes. Voting Rights with respect to matters solely involving the
        Group
        II Certificates, shall be allocated (i) 92% to the Class II-A Certificates
        and
        Class II-M Certificates, (ii) 5% to the Class II-CE Certificates until paid
        in
        full, and (iii) 1% to each of the Class II-P, Class II-R-1 and Class II-RX
        Certificates, with the allocation among the Certificates (other than the
        Class
        II-CE, Class II-P and Group II Residual Certificates) to be in proportion
        to the
        Certificate Principal Balance of each Class relative to the Certificate
        Principal Balance of all other such Classes. Matters which solely affect
        the
        Group I Certificates or Group II Certificates will be voted on solely by
        the
        related Classes. Voting Rights with respect to both Loan Groups shall be
        allocated (i) 46% to the Group I Offered Certificates, (ii) 46% to the Group
        II
        Offered Certificates (iii) 1.5% to the Class I-CE, (iv) 2.5% to the Class
        II-CE
        Certificates, (v) 0.5% to each of the Class I-R-1, Class I-R-2, Class I-R-3,
        Class I-RX, Class I-P, and (vi) 0.5% to each of the Class II-P, Class II-R-1
        and
        Class II-RX Certificates, with the allocation among the Certificates (other
        than
        the Class CE, Class P and Residual Certificates) to be in proportion to the
        Certificate Principal Balance of each Class relative to the Certificate
        Principal Balance of all other such Classes. 

       

      Section
        1.02  Allocation
        of Certain Interest Shortfalls. 

       

      For
        purposes of calculating the amount of Current Interest for the Class A, Class
        M
        and Class CE Certificates for any Distribution Date, the aggregate amount
        of any
        Prepayment Interest Shortfalls (to the extent not covered by payments by
        the
        Master Servicer pursuant to Section 5.02) and any Relief Act Interest Shortfalls
        incurred in respect of the related Mortgage Loans for any Distribution Date
        shall be allocated first, to the related CE Interest based on, and to the
        extent
        of, one month’s interest at the then applicable Pass-Through Rate on the
        Uncertificated Notional Amount thereof, and to the Class I-R-3 Certificates
        based on the amounts with respect to the related Loan Group otherwise
        distributable thereto, and thereafter, among the related Class A Certificates
        and Class M Certificates, in each case on a pro
        rata
        basis
        based on, and to the extent of, one month’s interest at the then applicable
        respective Pass Through Rates on the respective Certificate Principal Balances
        of each such Certificate.

       

      For
        purposes of calculating the amount of Uncertificated Accrued Interest for
        the
        REMIC I Regular Interests (other than REMIC I Regular Interest P) for any
        Distribution Date, the aggregate amount of any Prepayment Interest Shortfalls
        (to the extent not covered by payments by the Master Servicer pursuant to
        Section 5.02) and any Relief Act Interest Shortfalls incurred in respect
        of Loan
        Group I shall be allocated first, to the Class I-R-1 Certificates based on
        the
        amounts otherwise distributable thereto, second, to REMIC I Regular Interests
        ending with the designation “B”, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC I Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC I Regular Interest, and third, to REMIC
        I
        Regular Interests ending with the designation “A”, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC I Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC I Regular Interest. 

       

      For
        purposes of calculating the amount of Uncertificated Accrued Interest for
        the
        REMIC II Group I Regular Interests for any Distribution Date, the aggregate
        amount of any Prepayment Interest Shortfalls (to the extent not covered by
        payments by the Master Servicer pursuant to Section 5.02) and any Relief
        Act
        Interest Shortfalls incurred in respect of Subgroup II-1 shall be allocated
        first, to the Class II-R-1 Certificates based on the amounts otherwise
        distributable thereto, second, to REMIC II Group I Regular Interests ending
        with
        the designation “B”, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC II Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC II Group I Regular Interest, and third,
        to
        REMIC II Group I Regular Interests ending with the designation “A”, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC II Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC II Group I Regular Interest. 

       

      For
        purposes of calculating the amount of Uncertificated Accrued Interest for
        the
        REMIC II Group II Regular Interests for any Distribution Date, the aggregate
        amount of any Prepayment Interest Shortfalls (to the extent not covered by
        payments by the Master Servicer pursuant to Section 5.02) and any Relief
        Act
        Interest Shortfalls incurred in respect of Subgroup II-2 shall be allocated
        first, to the Class II-R-1 Certificates based on the amounts otherwise
        distributable thereto, second, to REMIC II Group II Regular Interests ending
        with the designation “B”, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC II Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC II Group II Regular Interest, and third,
        to REMIC II Group II Regular Interests ending with the designation “A”,
pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC II Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC II Group II Regular Interest.

       

      For
        purposes of calculating the amount of Uncertificated Accrued Interest for
        the
        REMIC III Group I Regular Interests for any Distribution Date, the aggregate
        amount of any Prepayment Interest Shortfalls (to the extent not covered by
        payments by the Master Servicer pursuant to Section 5.02) and any Relief
        Act
        Interest Shortfalls incurred in respect of Loan Group I for any Distribution
        Date shall be allocated first, to Uncertificated Accrued Interest payable
        to
        REMIC III Regular Interest I-AA and REMIC III Regular Interest I-ZZ up to
        an
        aggregate amount equal to the REMIC III Group I Interest Loss Allocation
        Amount,
        98% and 2%, respectively, and to amounts with respect to Loan Group I otherwise
        distributable to the Class I-R-2 Certificates, and thereafter, among REMIC
        III
        Regular Interest I-AA, each REMIC III Group I Regular Interest for which
        a Class
        I-A Certificate or Class I-M Certificate is a Corresponding Certificate and
        REMIC III Regular Interest I-ZZ, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC III Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC III Group I Regular Interest.

       

      For
        purposes of calculating the amount of Uncertificated Accrued Interest for
        the
        REMIC III Group II Regular Interests for any Distribution Date, (i) the REMIC
        III Group II Marker Allocation Percentage of the aggregate amount of any
        Prepayment Interest Shortfalls (to the extent not covered by payments by
        the
        Master Servicer pursuant to Section 5.02) and any Relief Act Interest Shortfalls
        incurred in respect of Loan Group II for such Distribution Date shall be
        allocated first, to Uncertificated Accrued Interest payable to REMIC III
        Regular
        Interest II-AA and REMIC III Regular Interest II-ZZ up to an aggregate amount
        equal to the REMIC III Group II Interest Loss Allocation Amount, 98% and
        2%,
        respectively, and to amounts with respect to Loan Group II otherwise
        distributable to the Class I-R-2 Certificates, and thereafter, among REMIC
        III
        Regular Interest II-AA, each REMIC III Group II Regular Interest for which
        a
        Class II-A Certificate or Class II-M Certificate is the Corresponding
        Certificate and REMIC III Regular Interest II-ZZ, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC III Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC III Group II Regular Interest, and
        (ii)
        the REMIC III Group II Sub WAC Allocation Percentage of the aggregate amount
        of
        any Prepayment Interest Shortfalls (to the extent not covered by payments
        by the
        Master Servicer pursuant to Section 5.02) and any Relief Act Interest Shortfalls
        incurred in respect of Loan Group II for such Distribution Date shall be
        allocated first, to amounts with respect to Loan Group II otherwise
        distributable to the Class I-R-2 Certificates, and thereafter, among REMIC
        III
        Regular Interest II-1-Sub, REMIC III Regular Interest II-1-Grp, REMIC III
        Regular Interest II-2-Sub, REMIC III Regular Interest II-2-Grp and REMIC
        III
        Regular Interest II-XX, pro
        rata,
        based
        on, and to the extent of, one month’s interest at the then applicable respective
        Uncertificated REMIC III Pass-Through Rates on the respective Uncertificated
        Principal Balances of each such REMIC III Regular Interest.

       

      

       

       

      ARTICLE
        II

       

      CONVEYANCE
        OF TRUST FUND

       

      Section
        2.01  Conveyance
        of Trust Fund. 

       

      Pursuant
        to the Mortgage Loan Purchase Agreement, the Seller sold, transferred, assigned,
        set over and otherwise conveyed to the Depositor, without recourse, all the
        right, title and interest of such Seller in and to the assets sold by it
        in the
        Trust Fund. Pursuant to the Mortgage Loan Purchase Agreement, Master Funding
        sold, transferred, assigned, set over and otherwise conveyed to the Depositor,
        without recourse, all the right, title and interest of Master Funding in
        and to
        the assets sold by it in the Trust Fund.

       

      The
        Seller has entered into this Agreement in consideration for the purchase
        of the
        Mortgage Loans by the Depositor pursuant to the Mortgage Loan Purchase Agreement
        and has agreed to take the actions specified herein.

       

      The
        Depositor, concurrently with the execution and delivery hereof, hereby sells,
        transfers, assigns, sets over and otherwise conveys to the Trustee for the
        use
        and benefit of the Certificateholders, without recourse, all the right, title
        and interest of the Depositor in and to the Trust Fund. 

      

        In
          connection with such sale, the Depositor has delivered to, and deposited
          with,
          the Trustee or the Custodian, as its agent, the following documents or
          instruments with respect to each Mortgage Loan so assigned: (i) the original
          Mortgage Note, including any riders thereto, endorsed without recourse
          (A) in
          blank or to the order of “LaSalle Bank National Association, as Trustee for
          Certificateholders of Bear Stearns Asset Backed Securities I LLC, Asset-Backed
          Certificates, Series 2006-HE7,” or (B) in the case of a loan registered on the
          MERS system, in blank, and in each case showing an unbroken chain of
          endorsements from the original payee thereof to the Person endorsing it
          to the
          Trustee, (ii) the original Mortgage and, if the related Mortgage Loan is
          a MOM
          Loan, noting the presence of the MIN and language indicating that such
          Mortgage
          Loan is a MOM Loan, which shall have been recorded (or, for Mortgage Loans
          other
          than the EMC Flow Loans, if the original is not available, a copy), with
          evidence of such recording indicated thereon (or if clause (x) in the proviso
          below applies, shall be in recordable form), (iii) unless the Mortgage
          Loan is
          either a MOM Loan or has been assigned in the name of MERS, the assignment
          (either an original or a copy, which may be in the form of a blanket assignment
          if permitted in the jurisdiction in which the Mortgaged Property is located)
          to
          the Trustee of the Mortgage with respect to each Mortgage Loan in the name
          of
“LaSalle Bank National Association, as Trustee for Certificateholders of
          Bear
          Stearns Asset Backed Securities I LLC, Asset Backed-Certificates, Series
          2006-HE7,” which shall have been recorded (or if clause (x) in the proviso below
          applies, shall be in recordable form), (iv) an original or a copy of all
          intervening assignments of the Mortgage, if any, to the extent available
          to the
          Seller, with evidence of recording thereon, (v) with respect to any first
          or
          second lien Mortgage Loan (other than any Piggyback Loan), the original
          policy
          of title insurance or mortgagee’s certificate of title insurance or commitment
          or binder for title insurance or, in the event such original title policy
          has
          not been received from the title insurer, such original title policy will
          be
          delivered within one year of the Closing Date or, in the event such original
          title policy is unavailable, a photocopy of such title policy or, in lieu
          thereof, a current lien search on the related Mortgaged Property; and with
          respect to any Piggyback Loan, the original policy of title insurance or
          mortgagee’s certificate of title insurance or commitment or binder for title
          insurance issued as to the related first lien Mortgage Loan or, in lieu
          thereof,
          a lien search on the related Mortgaged Property that was conducted in connection
          with the related first lien Mortgage Loan and (vi) originals or copies
          of all
          available assumption, modification or substitution agreements, if any;
          provided,
          however, that in lieu of the foregoing, the Seller or Master Funding, as
          applicable, may deliver the following documents, under the circumstances
          set
          forth below: (x) if any Mortgage (other than the Mortgages related to the
          EMC
          Flow Loans), assignment thereof to the Trustee or intervening assignments
          thereof have been delivered or are being delivered to recording offices
          for
          recording and have not been returned in time to permit their delivery as
          specified above, the Depositor may deliver a true copy thereof with a
          certification by the Seller or Master Funding, as applicable, or the title
          company issuing the commitment for title insurance, on the face of such
          copy,
          substantially as follows: “Certified to be a true and correct copy of the
          original, which has been transmitted for recording”; and (y) in lieu of the
          Mortgage Notes relating to the Mortgage Loans identified in the list set
          forth
          in Exhibit I, the Depositor may deliver a lost note affidavit and indemnity
          and
          a copy of the original note, if available; and provided, further, however,
          that
          in the case of Mortgage Loans which have been prepaid in full after the
          Cut-Off
          Date and prior to the Closing Date, the Depositor, in lieu of delivering
          the
          above documents, may deliver to the Trustee and the Custodian a certification
          of
          a Servicing Officer to such effect and in such case shall deposit all amounts
          paid in respect of such Mortgage Loans, in the Protected Account or in
          the
          Distribution Account on the Closing Date. In the case of the documents
          referred
          to in clause (x) above, the Depositor shall deliver such documents to the
          Trustee or the Custodian promptly after they are received.

         

      

      EMC
        (on
        its own behalf as Seller and on behalf of Master Funding) shall cause, at
        its
        expense, the Mortgage and intervening assignments, if any, and to the extent
        required in accordance with the foregoing, the assignment of the Mortgage
        to the
        Trustee to be submitted for recording promptly after the Closing Date; provided
        that, the Seller need not cause to be recorded (a) any assignment in any
        jurisdiction under the laws of which, as evidenced by an Opinion of Counsel
        addressed to the Trustee delivered by EMC (on its own behalf as Seller and
        on
        behalf of Master Funding) to the Trustee and the Rating Agencies, the
        recordation of such assignment is not necessary to protect the Trustee’s
        interest in the related Mortgage Loan or (b) if MERS is identified on the
        Mortgage or on a properly recorded assignment of the Mortgage as the mortgagee
        of record solely as nominee for the Seller and Master Funding and its successors
        and assigns. In the event that the Seller, Master Funding, the Depositor
        or the
        Master Servicer gives written notice to the Trustee that a court has
        recharacterized the sale of the Mortgage Loans as a financing, EMC (on its
        own
        behalf as Seller and on behalf of Master Funding) shall submit or cause to
        be
        submitted for recording as specified above each such previously unrecorded
        assignment to be submitted for recording as specified above at the expense
        of
        the Trust. In the event a Mortgage File is released to the Master Servicer
        as a
        result of such Person having completed a Request for Release, the Custodian
        shall, if not so completed, complete the assignment of the related Mortgage
        in
        the manner specified in clause (iii) above.

       

      In
        connection with the assignment of any Mortgage Loan registered on the MERS®
System, EMC (on its own behalf as Seller and on behalf of Master Funding)
        further agrees that it will cause, at the Seller’s own expense, within 30 days
        after the Closing Date, the MERS® System to indicate that such Mortgage Loans
        have been assigned by EMC (on its own behalf as Seller and on behalf of Master
        Funding) to the Depositor and by the Depositor to the Trustee in accordance
        with
        this Agreement for the benefit of the Certificateholders by including (or
        deleting, in the case of Mortgage Loans which are repurchased in accordance
        with
        this Agreement) in such computer files (a) the code in the field which
        identifies the specific Trustee and (b) the code in the field “Pool Field” which
        identifies the series of the Certificates issued in connection with such
        Mortgage Loans. EMC (on its own behalf as Seller and on behalf of Master
        Funding) further agrees that it will not, and will not permit the Master
        Servicer to, and the Master Servicer agrees that it will not, alter the codes
        referenced in this paragraph with respect to any Mortgage Loan during the
        term
        of this Agreement unless and until such Mortgage Loan is repurchased in
        accordance with the terms of this Agreement or the Mortgage Loan Purchase
        Agreement.

       

      It
        is
        agreed and understood by the Depositor, the Seller, the Master Servicer and
        the
        Trustee that it is not intended that any Group I Mortgage Loan be included
        in
        the Trust Fund that is a “High-Cost Home Loan” as defined in the New Jersey Home
        Ownership Act, effective as of November 27, 2003, or The Home Loan Protection
        Act of New Mexico, effective as of January 1, 2004, or that is a “High Cost Home
        Mortgage Loan” as defined in the Massachusetts Predatory Home Loan Practices
        Act, effective as of November 7, 2004, or that is an “Indiana High Cost Home
        Mortgage Loan” as defined in the Indiana High Cost Home Loan Act, effective as
        of January 1, 2005.

       

      Section
        2.02  Acceptance
        of the Mortgage Loans. 

       

      (a)  Based
        on
        the Initial Certification received by it from the Custodian, the Trustee
        acknowledges receipt of, subject to the further review and exceptions reported
        by the Custodian pursuant to the procedures described below, the documents
        (or
        certified copies thereof) delivered to the Trustee or the Custodian on its
        behalf pursuant to Section 2.01 and declares that it holds and will continue
        to
        hold directly or through a custodian those documents and any amendments,
        replacements or supplements thereto and all other assets of the Trust Fund
        delivered to it in trust for the use and benefit of all present and future
        Holders of the Certificates. On the Closing Date, the Trustee or the Custodian
        on its behalf will deliver an Initial Certification, in the form of Exhibit
        One
        to the Custodial Agreement, to the parties indicated on such exhibit confirming
        whether or not it has received the Mortgage File for each Mortgage Loan,
        but
        without review of such Mortgage File, except to the extent necessary to confirm
        whether such Mortgage File contains the original Mortgage Note or a lost
        note
        affidavit and indemnity in lieu thereof. No later than 90 days after the
        Closing
        Date, the Trustee or the Custodian on its behalf shall, for the benefit of
        the
        Certificateholders, review each Mortgage File delivered to it and execute
        and
        deliver to EMC (on its own behalf and on behalf of Master Funding) and the
        Master Servicer and, if reviewed by the Custodian or the Trustee, an Interim
        Certification, substantially in the form of Exhibit Two to the Custodial
        Agreement. In conducting such review, the Trustee or the Custodian on its
        behalf
        will ascertain whether all required documents have been executed and received
        and whether those documents relate, determined on the basis of the Mortgagor
        name, original principal balance and loan number, to the Mortgage Loans
        identified in Exhibit B to this Agreement, as supplemented (provided, however,
        that with respect to those documents described in subclauses (iv) and (vi)
        of
        Section 2.01, such obligations shall extend only to documents actually delivered
        pursuant to such subclauses). In performing any such review, the Trustee
        and the
        Custodian may conclusively rely on the purported due execution and genuineness
        of any such document and on the purported genuineness of any signature thereon.
        If the Trustee or the Custodian on its behalf finds any document constituting
        part of the Mortgage File not to have been executed or received, or to be
        unrelated to the Mortgage Loans identified in Exhibit B or to appear to be
        defective on its face, the Trustee or the Custodian on its behalf shall include
        such information in the exception report attached to the Interim Certification.
        EMC
        (on
        its own behalf as Seller and on behalf of Master Funding)
        shall
        correct or cure any such defect or, if prior to the end of the second
        anniversary of the Closing Date, EMC (on its own behalf as Seller and on
        behalf
        of Master Funding) may substitute for the related Mortgage Loan a Replacement
        Mortgage Loan, which substitution shall be accomplished in the manner and
        subject to the conditions set forth in Section 2.03 or shall deliver to the
        Trustee an Opinion of Counsel addressed to the Trustee to the effect that
        such
        defect does not materially or adversely affect the interests of the
        Certificateholders in such Mortgage Loan within 60 days from the date of
        notice
        from the Trustee of the defect and if EMC (on its own behalf as Seller and
        on
        behalf of Master Funding) fails to correct or cure the defect or deliver
        such
        opinion within such period, EMC (on its own behalf as Seller and on behalf
        of
        Master Funding) will, subject to Section 2.03, within 90 days from the
        notification of the Trustee purchase such Mortgage Loan at the Purchase Price;
        provided, however, that if such defect relates solely to the inability of
        EMC
        (on its own behalf as Seller and on behalf of Master Funding) to deliver
        the
        Mortgage, assignment thereof to the Trustee, or intervening assignments thereof
        with evidence of recording thereon because such documents have been submitted
        for recording and have not been returned by the applicable jurisdiction,
        EMC (on
        its own behalf as Seller and on behalf of Master Funding) shall not be required
        to purchase such Mortgage Loan if the Seller delivers such documents promptly
        upon receipt, but in no event later than 360 days after the Closing
        Date.

       

      (b)  No
        later
        than 180 days after the Closing Date, the Trustee or the Custodian on its
        behalf
        will review, for the benefit of the Certificateholders, the Mortgage Files
        and
        will execute and deliver or cause to be executed and delivered to EMC (on
        its
        own behalf as Seller and on behalf of Master Funding) and the Master Servicer
        and, if reviewed by the Custodian or the Trustee, a Final Certification,
        substantially in the form of Exhibit Three to the Custodial Agreement. In
        conducting such review, the Trustee or the Custodian on its behalf will
        ascertain whether each document required to be recorded has been returned
        from
        the recording office with evidence of recording thereon and the Trustee or
        the
        Custodian on its behalf has received either an original or a copy thereof,
        as
        required in Section 2.01 (provided, however, that with respect to those
        documents described in subclauses (iv) and (vi) of Section 2.01, such
        obligations shall extend only to documents actually delivered pursuant to
        such
        subclauses). If the Trustee or the Custodian on its behalf finds any document
        with respect to a Mortgage Loan has not been received, or to be unrelated,
        determined on the basis of the Mortgagor name, original principal balance
        and
        loan number, to the Mortgage Loans identified in Exhibit B or to appear
        defective on its face, the Trustee or the Custodian on its behalf shall note
        such defect in the exception report attached to the Final Certification and
        shall promptly notify EMC (on its own behalf as Seller and on behalf of Master
        Funding). EMC (on its own behalf as Seller and on behalf of Master Funding)
        shall correct or cure any such defect or, if prior to the end of the second
        anniversary of the Closing Date, EMC (on its own behalf as Seller and on
        behalf
        of Master Funding) may substitute for the related Mortgage Loan a Replacement
        Mortgage Loan, which substitution shall be accomplished in the manner and
        subject to the conditions set forth in Section 2.03 or shall deliver to the
        Trustee an Opinion of Counsel addressed to the Trustee to the effect that
        such
        defect does not materially or adversely affect the interests of
        Certificateholders in such Mortgage Loan within 60 days from the date of
        notice
        from the Trustee of the defect and if EMC (on its own behalf as Seller and
        on
        behalf of Master Funding) is unable within such period to correct or cure
        such
        defect, or to substitute the related Mortgage Loan with a Replacement Mortgage
        Loan or to deliver such opinion, EMC (on its own behalf as Seller and on
        behalf
        of Master Funding) shall, subject to Section 2.03, within 90 days from the
        notification of the Trustee, purchase such Mortgage Loan at the Purchase
        Price;
        provided, however, that if such defect relates solely to the inability of
        EMC
        (on its own behalf as Seller and on behalf of Master Funding) to deliver
        the
        Mortgage, assignment thereof to the Trustee or intervening assignments thereof
        with evidence of recording thereon, because such documents have not been
        returned by the applicable jurisdiction, EMC (on its own behalf as Seller
        and on
        behalf of Master Funding) shall not be required to purchase such Mortgage
        Loan,
        if the Seller delivers such documents promptly upon receipt, but in no event
        later than 360 days after the Closing Date. Notwithstanding anything to the
        contrary, the Trustee shall have no responsibility with respect to the custody
        or review of Mortgage Files held by the Custodian pursuant to the Custodial
        Agreement. The Trustee shall have no liability for the failure of the Custodian
        to perform its obligations under the Custodial Agreement.

       

      (c)  In
        the
        event that a Mortgage Loan is purchased by EMC (on its own behalf as Seller
        and
        on behalf of Master Funding) in accordance with subsections 2.02(a) or (b)
        above
        or Section 2.03, EMC (on its own behalf as Seller and on behalf of Master
        Funding) shall remit the applicable Purchase Price to the Master Servicer
        for
        deposit in the Protected Account and shall provide written notice to the
        Trustee
        detailing the components of the Purchase Price, signed by a Servicing Officer.
        Upon deposit of the Purchase Price in the Protected Account and upon receipt
        of
        a Request for Release with respect to such Mortgage Loan, the Trustee or
        the
        Custodian will release to EMC (on its own behalf as Seller and on behalf
        of
        Master Funding) the related Mortgage File and the Trustee shall execute and
        deliver all instruments of transfer or assignment, without recourse,
        representation or warranty furnished to it by the related Seller, as are
        necessary to vest in the title to and rights under the Mortgage Loan. Such
        purchase shall be deemed to have occurred on the date on which the deposit
        into
        the Protected Account was made. The Trustee shall promptly notify the Rating
        Agencies of such repurchase. The obligation of the Seller to cure, repurchase
        or
        substitute for any Mortgage Loan as to which a defect in a constituent document
        exists shall be the sole remedies respecting such defect available to the
        Certificateholders or to the Trustee on their behalf.

       

      (d)  EMC
        (on
        its own behalf as Seller and on behalf of Master Funding) shall deliver to
        the
        Trustee or the Custodian on its behalf, and Trustee agrees to accept the
        Mortgage Note and other documents constituting the Mortgage File with respect
        to
        any Replacement Mortgage Loan, which the Trustee or the Custodian will review
        as
        provided in subsections 2.02(a) and 2.02(b), provided, that the Closing Date
        referred to therein shall instead be the date of delivery of the Mortgage
        File
        with respect to each Replacement Mortgage Loan.

       

      Section
        2.03  Representations,
        Warranties and Covenants of the Master Servicer and The Seller. 

       

      (a)  The
        Master Servicer hereby represents and warrants to the Depositor and the Trustee
        as follows, as of the Closing Date:

       

      (i)  It
        is
        duly organized and is validly existing and in good standing under the laws
        of
        the State of Delaware and is duly authorized and qualified to transact any
        and
        all business contemplated by this Agreement to be conducted by it in any
        state
        in which a Mortgaged Property is located or is otherwise not required under
        applicable law to effect such qualification and, in any event, is in compliance
        with the doing business laws of any such state, to the extent necessary to
        ensure its ability to enforce each Mortgage Loan, to service the Mortgage
        Loans
        in accordance with the terms of the Mortgage Loan Purchase Agreement and
        to
        perform any of its other obligations under this Agreement in accordance with
        the
        terms hereof or thereof.

       

      (ii)  It
        has
        the full corporate power and authority to service each Mortgage Loan, and
        to
        execute, deliver and perform, and to enter into and consummate the transactions
        contemplated by this Agreement and has duly authorized by all necessary
        corporate action on its part the execution, delivery and performance of this
        Agreement; and this Agreement, assuming the due authorization, execution
        and
        delivery hereof by the other parties hereto or thereto, as applicable,
        constitutes its legal, valid and binding obligation, enforceable against
        it in
        accordance with its terms, except that (a) the enforceability hereof may
        be
        limited by bankruptcy, insolvency, moratorium, receivership and other similar
        laws relating to creditors’ rights generally and (b) the remedy of specific
        performance and injunctive and other forms of equitable relief may be subject
        to
        equitable defenses and to the discretion of the court before which any
        proceeding therefor may be brought.

       

      (iii)  The
        execution and delivery of this Agreement, the servicing of the Mortgage Loans
        by
        it under this Agreement, the consummation of any other of the transactions
        contemplated by this Agreement, and the fulfillment of or compliance with
        the
        terms hereof and thereof are in its ordinary course of business and will
        not (A)
        result in a breach of any term or provision of its charter or by-laws or
        (B)
        conflict with, result in a breach, violation or acceleration of, or result
        in a
        default under, the terms of any other material agreement or instrument to
        which
        it is a party or by which it may be bound, or (C) constitute a violation
        of any
        statute, order or regulation applicable to it of any court, regulatory body,
        administrative agency or governmental body having jurisdiction over it; and
        it
        is not in breach or violation of any material indenture or other material
        agreement or instrument, or in violation of any statute, order or regulation
        of
        any court, regulatory body, administrative agency or governmental body having
        jurisdiction over it which breach or violation may materially impair its
        ability
        to perform or meet any of its obligations under this Agreement.

       

      (iv)  It
        is an
        approved servicer of conventional mortgage loans for Fannie Mae or Freddie
        Mac
        and is a mortgagee approved by the Secretary of Housing and Urban Development
        pursuant to sections 203 and 211 of the National Housing Act.

       

      (v)  No
        litigation is pending or, to the best of its knowledge, threatened, against
        it
        that would materially and adversely affect the execution, delivery or
        enforceability of this Agreement or its ability to service the Mortgage Loans
        or
        to perform any of its other obligations under this Agreement in accordance
        with
        the terms hereof.

       

      (vi)  No
        consent, approval, authorization or order of any court or governmental agency
        or
        body is required for its execution, delivery and performance of, or compliance
        with, this Agreement or the consummation of the transactions contemplated
        hereby
        or thereby, or if any such consent, approval, authorization or order is
        required, it has obtained the same.

       

      (vii)  As
        of the
        Closing Date and except as has been otherwise disclosed to the Depositor,
        or
        disclosed in any public filing: (1) no default or servicing related performance
        trigger has occurred as to any other Pass-Through Transfer due to any act
        or
        failure to act of the Master Servicer; (2) no material noncompliance with
        applicable servicing criteria as to any other Pass-Through Transfer has
        occurred, been disclosed or reported by the Master Servicer; (3) the Master
        Servicer has not been terminated as servicer in a residential mortgage loan
        Pass-Through Transfer, either due to a servicing default or to application
        of a
        servicing performance test or trigger; (4) no material changes to the Master
        Servicer’s servicing policies and procedures for similar loans have occurred in
        the preceding three years outside of the normal changes warranted by regulatory
        and product type changes in the portfolio; (5) there are no aspects of the
        Master Servicer’s financial condition that could have a material adverse impact
        on the performance by the Master Servicer of its obligations hereunder; (6)
        there are no legal proceedings pending, or known to be contemplated by
        governmental authorities, against the Master Servicer that could be material
        to
        investors in the securities issued in such Pass-Through Transfer; and (7)
        there
        are no affiliations, relationships or transactions relating to the Master
        Servicer of a type that are described under Item 1119 of Regulation
        AB.

       

      (viii)  If
        so
        requested by the Depositor on any date, the Master Servicer shall, within
        five
        Business Days following such request, confirm in writing the accuracy of
        the
        representations and warranties set forth in clause (a)(vii) of this Section
        or,
        if any such representation and warranty is not accurate as of the date of
        such
        request, provide reasonably adequate disclosure of the pertinent facts, in
        writing, to the requesting party.

       

      (ix)  As
        a
        condition to the succession to the Master Servicer or any subservicer as
        servicer or subservicer under this Agreement by any Person (i) into which
        the
        Master Servicer or such subservicer may be merged or consolidated, or (ii)
        which
        may be appointed as a successor to the Master Servicer or any subservicer,
        the
        Master Servicer shall provide to the Depositor, at least 15 calendar days
        prior
        to the effective date of such succession or appointment, (x) written notice
        to
        the Depositor of such succession or appointment and (y) in writing and in
        form
        and substance reasonably satisfactory to the Depositor, all information
        reasonably requested by the Depositor in order to comply with its reporting
        obligation under Item 6.02 of Form 8-K with respect to any class of asset-backed
        securities.

       

      (x)  With
        respect to each Group II Mortgage Loan, information regarding the Mortgagor
        credit files related to such Mortgage Loan has been and will continue to
        be
        furnished to credit reporting agencies in compliance with the provisions
        of the
        Fair Credit Reporting Act and the applicable implementing
        regulations.

       

             (xi) In
        connection with the Group II Mortgage Loans, the Master Servicer shall not
        collect any prepayment premium in any instance when the mortgage debt is
        accelerated through foreclosure sale or other payment as the result of the
        mortgagor’s default under the terms of the security instrument.

       

      (b)  The
        Seller hereby represents and warrants to the Depositor and the Trustee as
        follows, as of the Closing Date:

       

      (i)  The
        Seller is duly organized as a Delaware corporation and is validly existing
        and
        in good standing under the laws of the State of Delaware and is duly authorized
        and qualified to transact any and all business contemplated by this Agreement
        to
        be conducted by the Seller in any state in which a Mortgaged Property is
        located
        or is otherwise not required under applicable law to effect such qualification
        and, in any event, is in compliance with the doing business laws of any such
        state, to the extent necessary to ensure its ability to enforce each Mortgage
        Loan, to sell the Mortgage Loans in accordance with the terms of the Mortgage
        Loan Purchase Agreement and to perform any of its other obligations under
        this
        Agreement in accordance with the terms hereof.

       

      (ii)  The
        Seller has the full corporate power and authority to sell each Mortgage Loan,
        and to execute, deliver and perform, and to enter into and consummate the
        transactions contemplated by this Agreement and has duly authorized by all
        necessary corporate action on the part of the Seller the execution, delivery
        and
        performance of this Agreement, assuming the due authorization, execution
        and
        delivery hereof by the other parties hereto or thereto, as applicable,
        constitutes a legal, valid and binding obligation of the Seller, enforceable
        against the Seller in accordance with its terms, except that (a) the
        enforceability hereof may be limited by bankruptcy, insolvency, moratorium,
        receivership and other similar laws relating to creditors’ rights generally and
        (b) the remedy of specific performance and injunctive and other forms of
        equitable relief may be subject to equitable defenses and to the discretion
        of
        the court before which any proceeding therefor may be brought.

       

      (iii)  The
        execution and delivery of this Agreement by the Seller, the sale of the Mortgage
        Loans by the Seller under the Mortgage Loan Purchase Agreement, the consummation
        of any other of the transactions contemplated by this Agreement, and the
        fulfillment of or compliance with the terms hereof and thereof are in the
        ordinary course of business of the Seller and will not (A) result in a material
        breach of any term or provision of the charter or by-laws of the Seller or
        (B)
        conflict with, result in a breach, violation or acceleration of, or result
        in a
        default under, the terms of any other material agreement or instrument to
        which
        the Seller is a party or by which it may be bound, or (C) constitute a violation
        of any statute, order or regulation applicable to the Seller of any court,
        regulatory body, administrative agency or governmental body having jurisdiction
        over the Seller; and the Seller is not in breach or violation of any material
        indenture or other material agreement or instrument, or in violation of any
        statute, order or regulation of any court, regulatory body, administrative
        agency or governmental body having jurisdiction over it which breach or
        violation may materially impair the Seller’s ability to perform or meet any of
        its obligations under this Agreement.

       

      (iv)  The
        Seller is an approved seller of conventional mortgage loans for Fannie Mae
        or
        Freddie Mac and is a mortgagee approved by the Secretary of Housing and Urban
        Development pursuant to sections 203 and 211 of the National Housing
        Act.

       

      (v)  No
        litigation is pending or, to the best of the Seller’s knowledge, threatened,
        against the Seller that would materially and adversely affect the execution,
        delivery or enforceability of this Agreement or the ability of the Seller
        to
        sell the Mortgage Loans or to perform any of its other obligations under
        this
        Agreement in accordance with the terms hereof or thereof.

       

      (vi)  No
        consent, approval, authorization or order of any court or governmental agency
        or
        body is required for the execution, delivery and performance by the Seller
        of,
        or compliance by the Seller with, this Agreement or the consummation of the
        transactions contemplated hereby, or if any such consent, approval,
        authorization or order is required, the Seller has obtained the
        same.

       

      (vii)  With
        respect to each Mortgage Loan as of the Closing Date (or such other date
        as may
        be specified in Section 7 of the Mortgage Loan Purchase Agreement), the Seller
        hereby remakes and restates each of the representations and warranties set
        forth
        in Section 7 of the Mortgage Loan Purchase Agreement to the Depositor and
        the
        Trustee to the same extent as if fully set forth herein.

       

      (c)  Upon
        discovery by any of the parties hereto of a breach of a representation or
        warranty set forth in the Mortgage Loan Purchase Agreement with respect to
        the
        Mortgage Loans that materially and adversely affects the interests of the
        related Certificateholders in any Mortgage Loan, the party discovering such
        breach shall give prompt written notice thereof to the other parties. Any
        breach
        of a representation or warranty contained in clauses (c), (s), (q) and (z)
        through (ii) of Section 7 of the Mortgage Loan Purchase Agreement in respect
        of
        a Subgroup II-2 Loan, shall be deemed to materially adversely affect the
        interests of the related Certificateholders. The Seller hereby covenants,
        with
        respect to the representations and warranties set forth in the Mortgage Loan
        Purchase Agreement with respect to the Mortgage Loans, that within 90 days
        of
        the discovery of a breach of any representation or warranty set forth therein
        that materially and adversely affects the interests of the Certificateholders
        in
        any Mortgage Loan, it shall cure such breach in all material respects and,
        if
        such breach is not so cured, (i) if such 90 day period expires prior to the
        second anniversary of the Closing Date, remove such Mortgage Loan (a “Deleted
        Mortgage Loan”) from the Trust Fund and substitute in its place a Replacement
        Mortgage Loan, in the manner and subject to the conditions set forth in this
        Section; or (ii) repurchase the affected Mortgage Loan or Mortgage Loans
        from
        the Trustee at the Purchase Price in the manner set forth below; provided
        that
        any such substitution pursuant to (i) above or repurchase pursuant to (ii)
        above
        shall not be effected prior to the delivery to the Trustee of an Opinion
        of
        Counsel if required by Section 2.05 hereof and any such substitution pursuant
        to
        (i) above shall not be effected prior to the additional delivery to the Trustee
        of a Request for Release. The Trustee shall give prompt written notice to
        the
        parties hereto of the Seller’s failure to cure such breach as set forth in the
        preceding sentence. The Seller shall promptly reimburse the Master Servicer
        and
        the Trustee for any expenses reasonably incurred by the Master Servicer or
        the
        Trustee in respect of enforcing the remedies for such breach. To enable the
        Master Servicer to amend the Mortgage Loan Schedule, the Seller shall, unless
        it
        cures such breach in a timely fashion pursuant to this Section 2.03, promptly
        notify the Master Servicer whether it intends either to repurchase, or to
        substitute for, the Mortgage Loan affected by such breach. With respect to
        the
        representations and warranties with respect to the Mortgage Loans that are
        made
        to the best of the Seller’s knowledge, if it is discovered by any of the
        Depositor, the Master Servicer, the Seller, the Trustee or the Custodian
        that
        the substance of such representation and warranty is inaccurate and such
        inaccuracy materially and adversely affects the value of the related Mortgage
        Loan, notwithstanding the Seller’s lack of knowledge with respect to the
        substance of such representation or warranty, the Seller shall nevertheless
        be
        required to cure, substitute for or repurchase the affected Mortgage Loan
        in
        accordance with the foregoing.

       

      With
        respect to any Replacement Mortgage Loan or Loans, the Seller (pursuant to
        the
        Mortgage Loan Purchase Agreement) shall deliver to the Trustee or the Custodian
        on its behalf for the benefit of the Certificateholders such documents and
        agreements as are required by Section 2.01. No substitution will be made
        in any
        calendar month after the Determination Date for such month. Notwithstanding
        the
        foregoing, such substitution must be done within two years of the Closing
        Date.
        Scheduled Payments due with respect to Replacement Mortgage Loans in the
        Due
        Period related to the Distribution Date on which such proceeds are to be
        distributed shall not be part of the Trust Fund and will be retained by the
        Seller. For the month of substitution, distributions to Certificateholders
        will
        include the Scheduled Payment due on any Deleted Mortgage Loan for the related
        Due Period and thereafter the Seller shall be entitled to retain all amounts
        received in respect of such Deleted Mortgage Loan. The Master Servicer shall
        amend the Mortgage Loan Schedule for the benefit of the Certificateholders
        to
        reflect the removal of each such Deleted Mortgage Loan and the substitution
        of
        the Replacement Mortgage Loan or Loans and the Master Servicer shall deliver
        the
        amended Mortgage Loan Schedule to the Trustee and the Custodian. Upon such
        substitution, the Replacement Mortgage Loan or Loans shall be subject to
        the
        terms of this Agreement in all respects, and the Seller shall be deemed to
        have
        made with respect to such Replacement Mortgage Loan or Loans, as of the date
        of
        substitution, the representations and warranties set forth in Section 7 or
        Section 8 of the Mortgage Loan Purchase Agreement with respect to such Mortgage
        Loan. Upon any such substitution and the deposit into the Protected Account
        of
        the amount required to be deposited therein in connection with such substitution
        as described in the following paragraph and receipt by the Trustee of a Request
        for Release for such Mortgage Loan, the Trustee or the Custodian shall release
        to the Seller the Mortgage File relating to such Deleted Mortgage Loan and
        held
        for the benefit of the Certificateholders and the Trustee shall execute and
        deliver at the Seller’s direction such instruments of transfer or assignment as
        have been prepared by the Seller in each case without recourse, representation
        or warranty as shall be necessary to vest in the Seller or its respective
        designee, title to the Trustee’s interest in any Deleted Mortgage Loan
        substituted for pursuant to this Section 2.03.

       

      For
        any
        month in which the Seller substitutes one or more Replacement Mortgage Loans
        for
        a Deleted Mortgage Loan, the Master Servicer will determine the amount (if
        any)
        by which the aggregate principal balance of all the Replacement Mortgage
        Loans
        as of the date of substitution is less than the Stated Principal Balance
        (after
        application of the principal portion of the Scheduled Payment due in the
        month
        of substitution) of such Deleted Mortgage Loan. An amount equal to the aggregate
        of such deficiencies, described in the preceding sentence for any Distribution
        Date (such amount, the “Substitution Adjustment Amount”) shall be deposited into
        the Protected Account, by the Seller upon its delivering such Replacement
        Mortgage Loan on the Determination Date for the Distribution Date relating
        to
        the Prepayment Period during which the related Mortgage Loan became required
        to
        be purchased or replaced hereunder.

       

      In
        the
        event that the Seller shall have repurchased a Mortgage Loan, the Purchase
        Price
        therefor shall be deposited into the Protected Account, on the Determination
        Date for the Distribution Date in the month following the month during which
        the
        Seller became obligated to repurchase or replace such Mortgage Loan and upon
        such deposit of the Purchase Price, the delivery of an Opinion of Counsel
        if
        required by Section 2.05 and the receipt of a Request for Release, the Trustee
        or the Custodian shall release the related Mortgage File held for the benefit
        of
        the Certificateholders to the Seller and the Trustee shall execute and deliver
        at such Person’s direction the related instruments of transfer or assignment
        prepared by the Seller, in each case without recourse, as shall be necessary
        to
        transfer title from the Trustee for the benefit of the Certificateholders
        and
        transfer the Trustee’s interest to EMC (on its own as a Seller and on behalf of
        Master Funding) to any Mortgage Loan purchased pursuant to this Section 2.03.
        It
        is understood and agreed that the obligation under this Agreement of the
        Seller
        to cure, repurchase or replace any Mortgage Loan as to which a breach has
        occurred and is continuing shall constitute the sole remedies against the
        Seller
        respecting such breach available to the Certificateholders, the Depositor
        or the
        Trustee.

       

      (d)  The
        representations and warranties set forth in this Section 2.03 hereof shall
        survive delivery of the respective Mortgage Loans and Mortgage Files to the
        Trustee or the Custodian for the benefit of the Certificateholders.

       

      Section
        2.04  Representations
        and Warranties of the Depositor. 

       

      The
        Depositor hereby represents and warrants to the Master Servicer and the Trustee
        as follows, as of the date hereof and as of the Closing Date:

       

      (i)  The
        Depositor is duly organized and is validly existing as a limited liability
        company in good standing under the laws of the State of Delaware and has
        full
        power and authority necessary to own or hold its properties and to conduct
        its
        business as now conducted by it and to enter into and perform its obligations
        under this Agreement.

       

      (ii)  The
        Depositor has the full power and authority to execute, deliver and perform,
        and
        to enter into and consummate the transactions contemplated by, this Agreement
        and has duly authorized, by all necessary corporate action on its part, the
        execution, delivery and performance of this Agreement, assuming the due
        authorization, execution and delivery hereof by the other parties hereto,
        constitutes a legal, valid and binding obligation of the Depositor, enforceable
        against the Depositor in accordance with its terms, subject, as to
        enforceability, to (i) bankruptcy, insolvency, reorganization, moratorium
        and
        other similar laws affecting creditors’ rights generally and (ii) general
        principles of equity, regardless of whether enforcement is sought in a
        proceeding in equity or at law.

       

      (iii)  The
        execution and delivery of this Agreement by the Depositor, the consummation
        of
        the transactions contemplated by this Agreement, and the fulfillment of or
        compliance with the terms hereof and thereof are in the ordinary course of
        business of the Depositor and will not (A) result in a material breach of
        any
        term or provision of the certificate of formation or limited liability company
        agreement of the Depositor or (B) conflict with, result in a breach, violation
        or acceleration of, or result in a default under, the terms of any other
        material agreement or instrument to which the Depositor is a party or by
        which
        it may be bound or (C) constitute a violation of any statute, order or
        regulation applicable to the Depositor of any court, regulatory body,
        administrative agency or governmental body having jurisdiction over the
        Depositor; and the Depositor is not in breach or violation of any material
        indenture or other material agreement or instrument, or in violation of any
        statute, order or regulation of any court, regulatory body, administrative
        agency or governmental body having jurisdiction over it which breach or
        violation may materially impair the Depositor’s ability to perform or meet any
        of its obligations under this Agreement.

       

      (iv)  No
        litigation is pending, or, to the best of the Depositor’s knowledge, threatened,
        against the Depositor that would materially and adversely affect the execution,
        delivery or enforceability of this Agreement or the ability of the Depositor
        to
        perform its obligations under this Agreement in accordance with the terms
        hereof
        or thereof.

       

      (v)  No
        consent, approval, authorization or order of any court or governmental agency
        or
        body is required for the execution, delivery and performance by the Depositor
        of, or compliance by the Depositor with this Agreement or the consummation
        of
        the transactions contemplated hereby or thereby, or if any such consent,
        approval, authorization or order is required, the Depositor has obtained
        the
        same.

       

      (vi)  The
        Depositor has filed all reports required to be filed by Section 13 or Section
        15(d) of the Exchange Act during the preceding 12 months (or for such shorter
        period that the Depositor was required to file such reports) and it has been
        subject to such filing requirements for the past 90 days.

       

      The
        Depositor hereby represents and warrants to the Trustee as of the Closing
        Date,
        following the transfer of the Mortgage Loans to it by the Sellers, the Depositor
        had good title to the Mortgage Loans and the related Mortgage Notes were
        subject
        to no offsets, claims, defenses or counterclaims.

       

      It
        is
        understood and agreed that the representations and warranties set forth in
        this
        Section 2.04 shall survive delivery of the Mortgage Files to the Trustee
        or the
        Custodian for the benefit of the Certificateholders. Upon discovery by the
        Depositor or the Trustee of a breach of such representations and warranties,
        the
        party discovering such breach shall give prompt written notice to the others
        and
        to each Rating Agency.

       

      Section
        2.05  Delivery
        of Opinion of Counsel in Connection with Substitutions and
        Repurchases. 

       

      (a)  Notwithstanding
        any contrary provision of this Agreement, with respect to any Mortgage Loan
        that
        is not in default or as to which default is not reasonably foreseeable, no
        repurchase or substitution pursuant to Sections 2.02 or 2.03 shall be made
        unless the Sponsor delivers to the Trustee an Opinion of Counsel, addressed
        to
        the Trustee, to the effect that such repurchase or substitution would not
        (i)
        result in the imposition of the tax on “prohibited transactions” of REMIC I,
        REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII,
        REMIC
        IX or REMIC X or contributions after the Closing Date, as defined in Sections
        860F(a)(2) and 860G(d) of the Code, respectively, or (ii) cause any of REMIC
        I,
        REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII,
        REMIC
        IX or REMIC X to fail to qualify as a REMIC at any time that any Certificates
        are outstanding. Any Mortgage Loan as to which repurchase or substitution
        was
        delayed pursuant to this paragraph shall be repurchased or the substitution
        therefor shall occur (subject to compliance with Sections 2.02 or 2.03) upon
        the
        earlier of (a) the occurrence of a default or default becoming reasonably
        foreseeable with respect to such Mortgage Loan and (b) receipt by the Trustee
        of
        an Opinion of Counsel addressed to the Trustee to the effect that such
        repurchase or substitution, as applicable, will not result in the events
        described in clause (i) or clause (ii) of the preceding sentence.

       

      (b)  Upon
        discovery by the Depositor, the Seller or the Master Servicer that any Mortgage
        Loan does not constitute a “qualified mortgage” within the meaning of section
        860G(a)(3) of the Code, the party discovering such fact shall promptly (and
        in
        any event within 5 Business Days of discovery) give written notice thereof
        to
        the other parties and the Trustee. In connection therewith, the Trustee shall
        require the Seller at it’s option, to either (i) substitute, if the conditions
        in Section 2.03 with respect to substitutions are satisfied, a Replacement
        Mortgage Loan for the affected Mortgage Loan, or (ii) repurchase the affected
        Mortgage Loan within 90 days of such discovery in the same manner as it would
        a
        Mortgage Loan for a breach of representation or warranty in accordance with
        Section 2.03. The Trustee shall reconvey to the Seller the Mortgage Loan
        to be
        released pursuant hereto (and the Custodian shall deliver the related Mortgage
        File) in the same manner, and on the same terms and conditions, as it would
        a
        Mortgage Loan repurchased for breach of a representation or warranty in
        accordance with Section 2.03.

       

      Section
        2.06  Countersignature
        and Delivery of Certificates. 

       

      (a)  The
        Trustee acknowledges the sale, transfer and assignment to it of the Trust
        Fund
        and, concurrently with such transfer and assignment, has executed, countersigned
        and delivered, to or upon the order of the Depositor, the Certificates in
        authorized denominations evidencing the entire ownership of the Trust Fund.
        The
        Trustee agrees to hold the Trust Fund and exercise the rights referred to
        above
        for the benefit of all present and future Holders of the Certificates and
        to
        perform the duties set forth in this Agreement in accordance with its
        terms.

       

      (b)  The
        Depositor concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        REMIC
        I Regular Interests, the REMIC II Regular Interests and the other assets
        of
        REMIC III for the benefit of the holders of the REMIC III Regular Interests
        and
        the Class I-R-2 Certificates. The Trustee acknowledges receipt of the REMIC
        I
        Regular Interests (which are uncertificated), the REMIC II Regular Interests
        (which are uncertificated) and the other assets of REMIC III and declares
        that
        it holds and will hold the same in trust for the exclusive use and benefit
        of
        the holders of the REMIC III Regular Interests and the Class I-R-2
        Certificates.

       

      (c)  The
        Depositor concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        REMIC
        III Regular Interests and the other assets of REMIC IV for the benefit of
        the
        holders of the Regular Certificates (other than the Class CE Certificates
        and
        the Class P Certificates), the Class CE Interests, the Class IO Interests,
        the
        Class P Interests and the Class I-R-3 Certificates. The Trustee acknowledges
        receipt of the REMIC III Regular Interests (which are uncertificated) and
        the
        other assets of REMIC IV and declares that it holds and will hold the same
        in
        trust for the exclusive use and benefit of the holders of the Regular
        Certificates (other than the Class CE Certificates and the Class P
        Certificates), the Class CE Interests, the Class IO Interests, the Class
        P
        Interests and the Class I-R-3 Certificates.

       

      (d)  The
        Depositor, concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        Class
        I-CE Interest for the benefit of the Holders of the REMIC V Certificates.
        The
        Trustee acknowledges receipt of the Class I-CE Interest (which is
        uncertificated) and declares that it holds and will hold the same in trust
        for
        the exclusive use and benefit of the Holders of the REMIC V
        Certificates.

       

      (e)  The
        Depositor, concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        Class
        I-P Interest for the benefit of the Holders of the REMIC VI Certificates.
        The
        Trustee acknowledges receipt of the Class I-P Interest (which is uncertificated)
        and declares that it holds and will hold the same in trust for the exclusive
        use
        and benefit of the Holders of the REMIC VI Certificates.

       

      (f)  The
        Depositor, concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        Class
        I-IO Interest for the benefit of the holders of the REMIC VII Interests.
        The
        Trustee acknowledges receipt of the Class I-IO Interest (which is
        uncertificated) and declares that it holds and will hold the same in trust
        for
        the exclusive use and benefit of the holders of the REMIC VII
        Interests.

       

      (g)  The
        Depositor, concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        Class
        II-CE Interest for the benefit of the Holders of the REMIC VIII Certificates.
        The Trustee acknowledges receipt of the Class II-CE Interest (which is
        uncertificated) and declares that it holds and will hold the same in trust
        for
        the exclusive use and benefit of the Holders of the REMIC VIII
        Certificates.

       

      (h)  The
        Depositor, concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        Class
        II-P Interest for the benefit of the Holders of the REMIC IX Certificates.
        The
        Trustee acknowledges receipt of the Class II-P Interest (which is
        uncertificated) and declares that it holds and will hold the same in trust
        for
        the exclusive use and benefit of the Holders of the REMIC IX
        Certificates.

       

      (i)  The
        Depositor, concurrently with the execution and delivery hereof, does hereby
        transfer, assign, set over and otherwise convey in trust to the Trustee without
        recourse all the right, title and interest of the Depositor in and to the
        Class
        II-IO Interest for the benefit of the holders of the REMIC X Interests. The
        Trustee acknowledges receipt of the Class II-IO Interest (which is
        uncertificated) and declares that it holds and will hold the same in trust
        for
        the exclusive use and benefit of the holders of the REMIC X
        Interests.

       

      Section
        2.07  Purposes
        and Powers of the Trust. 

       

      The
        purpose of the common law trust, as created hereunder, is to engage in the
        following activities:

       

      (a)  acquire
        and hold, as set forth in this Agreement, the Mortgage Loans and the other
        assets of the Trust Fund and the proceeds therefrom for the benefit of the
        Certificateholders;

       

      (b)  to
        issue
        the Certificates sold to the Depositor in exchange for the Mortgage Loans
        and
        any other assets of the Trust;

       

      (c)  to
        make
        distributions on the Certificates;

       

      (d)  to
        engage
        in those activities that are necessary, suitable or convenient to accomplish
        the
        foregoing or are incidental thereto or connected therewith; and

       

      (e)  subject
        to compliance with this Agreement, to engage in such other activities as
        may be
        required in connection with conservation of the Trust Fund and the making
        of
        distributions to the Certificateholders.

       

      The
        Trust
        is hereby authorized to engage in the foregoing activities. Neither the Trustee
        nor the Master Servicer shall cause the Trust to engage in any activity other
        than in connection with the foregoing or other than as required or authorized
        by
        the terms of this Agreement while any Certificate is outstanding.

       

      

       

      ARTICLE
        III

       

      ADMINISTRATION
        AND SERVICING OF THE MORTGAGE LOANS

       

      Section
        3.01  The
        Master Servicer to act as Master Servicer. 

       

      The
        Master Servicer shall service and administer the Mortgage Loans in accordance
        with customary and usual standards of practice of prudent mortgage loan
        servicers in the respective states in which the related Mortgaged Properties
        are
        located. In connection with such servicing and administration, the Master
        Servicer shall have full power and authority, acting alone and/or through
        subservicers as provided in Section 3.03, to do or cause to be done any and
        all
        things that it may deem necessary or desirable in connection with such servicing
        and administration, including but not limited to, the power and authority,
        subject to the terms hereof (i) to execute and deliver, on behalf of the
        Certificateholders and the Trustee, customary consents or waivers and other
        instruments and documents, (ii) to consent to transfers of any related Mortgaged
        Property and assumptions of the Mortgage Notes and related Mortgages (but
        only
        in the manner provided herein), (iii) to collect any Insurance Proceeds and
        other Liquidation Proceeds or Subsequent Recoveries, and (iv) subject to
        Section
        3.09, to effectuate foreclosure or other conversion of the ownership of the
        Mortgaged Property securing any Mortgage Loan; provided that the Master Servicer
        shall take no action that is inconsistent with or prejudices the interests
        of
        the Trust Fund or the Certificateholders in any Mortgage Loan or the rights
        and
        interests of the Depositor or the Trustee under this Agreement.

       

      Without
        limiting the generality of the foregoing, the Master Servicer, in its own
        name
        or in the name of the Trust, the Depositor or the Trustee, is hereby authorized
        and empowered by the Trust, the Depositor and the Trustee, when the Master
        Servicer believes it appropriate in its reasonable judgment, to execute and
        deliver, on behalf of the Trustee, the Depositor, the Certificateholders
        or any
        of them, any and all instruments of satisfaction or cancellation, or of partial
        or full release or discharge and all other comparable instruments, with respect
        to the Mortgage Loans, and with respect to the Mortgaged Properties held
        for the
        benefit of the Certificateholders. The Master Servicer shall prepare and
        deliver
        to the Depositor and/or the Trustee such documents requiring execution and
        delivery by any or all of them as are necessary or appropriate to enable
        the
        Master Servicer to service and administer the Mortgage Loans. Upon receipt
        of
        such documents, the Depositor and/or the Trustee shall execute such documents
        and deliver them to the Master Servicer.

       

      In
        accordance with the standards of the first paragraph of this Section 3.01,
        the
        Master Servicer shall advance or cause to be advanced funds as necessary
        for the
        purpose of effecting the payment of taxes and assessments on the related
        Mortgaged Properties, which advances shall be reimbursable in the first instance
        from related collections from the Mortgagors pursuant to Section 4.03, and
        further as provided in Section 4.02. All costs incurred by the Master Servicer,
        if any, in effecting the timely payments of taxes and assessments on the
        related
        Mortgaged Properties and related insurance premiums shall not, for the purpose
        of calculating monthly distributions to the related Certificateholders, be
        added
        to the Stated Principal Balance under the Mortgage Loans, notwithstanding
        that
        the terms of such Mortgage Loans so permit.

       

      Section
        3.02  Due-on-Sale
        Clauses; Assumption Agreements. 

       

      (a)  Except
        as
        otherwise provided in this Section 3.02, when any property subject to a Mortgage
        has been or is about to be conveyed by the Mortgagor, the Master Servicer
        shall
        to the extent that it has knowledge of such conveyance, enforce any due-on-sale
        clause contained in any Mortgage Note or Mortgage, to the extent permitted
        under
        applicable law and governmental regulations, but only to the extent that
        such
        enforcement will not adversely affect or jeopardize coverage under any Required
        Insurance Policy. Notwithstanding the foregoing, the Master Servicer is not
        required to exercise such rights with respect to a Mortgage Loan if the Person
        to whom the related Mortgaged Property has been conveyed or is proposed to
        be
        conveyed satisfies the terms and conditions contained in the Mortgage Note
        and
        Mortgage related thereto and the consent of the mortgagee under such Mortgage
        Note or Mortgage is not otherwise so required under such Mortgage Note or
        Mortgage as a condition to such transfer. In the event that the Master Servicer
        is prohibited by law from enforcing any such due-on-sale clause, or if coverage
        under any Required Insurance Policy would be adversely affected, or if
        nonenforcement is otherwise permitted hereunder, the Master Servicer is
        authorized, subject to Section 3.02(b), to take or enter into an assumption
        and
        modification agreement from or with the person to whom such property has
        been or
        is about to be conveyed, pursuant to which such person becomes liable under
        the
        Mortgage Note and, unless prohibited by applicable state law, the Mortgagor
        remains liable thereon, provided that the Mortgage Loan shall continue to
        be
        covered (if so covered before the Master Servicer enters such agreement)
        by the
        applicable Required Insurance Policies. The Master Servicer, subject to Section
        3.02(b), is also authorized with the prior approval of the insurers under
        any
        Required Insurance Policies to enter into a substitution of liability agreement
        with such Person, pursuant to which the original Mortgagor is released from
        liability and such Person is substituted as Mortgagor and becomes liable
        under
        the Mortgage Note. Notwithstanding the foregoing, the Master Servicer shall
        not
        be deemed to be in default under this Section 3.02(a) by reason of any transfer
        or assumption that the Master Servicer reasonably believes it is restricted
        by
        law from preventing.

       

      (b)  Subject
        to the Master Servicer’s duty to enforce any due-on-sale clause to the extent
        set forth in Section 3.02(a), in any case in which a Mortgaged Property has
        been
        conveyed to a Person by a Mortgagor, and such Person is to enter into an
        assumption agreement or modification agreement or supplement to the Mortgage
        Note or Mortgage that requires the signature of the Trustee, or if an instrument
        of release signed by the Trustee is required releasing the Mortgagor from
        liability on the related Mortgage Loan, the Master Servicer shall prepare
        and
        deliver or cause to be prepared and delivered to the Trustee for signature
        and
        shall direct, in writing, the Trustee to execute the assumption agreement
        with
        the Person to whom the Mortgaged Property is to be conveyed and such
        modification agreement or supplement to the Mortgage Note or Mortgage or
        other
        instruments as are reasonable or necessary to carry out the terms of the
        Mortgage Note or Mortgage or otherwise to comply with any applicable laws
        regarding assumptions or the transfer of the Mortgaged Property to such Person.
        In connection with any such assumption, no material term of the Mortgage
        Note
        (including, but not limited to, the Mortgage Rate, the amount of the Scheduled
        Payment and any other term affecting the amount or timing of payment on the
        Mortgage Loan) may be changed. In addition, the substitute Mortgagor and
        the
        Mortgaged Property must be acceptable to the Master Servicer in accordance
        with
        its servicing standards as then in effect. The Master Servicer shall notify
        the
        Trustee that any such substitution or assumption agreement has been completed
        by
        forwarding to the Trustee the original of such substitution or assumption
        agreement, which in the case of the original shall be added to the related
        Mortgage File and shall, for all purposes, be considered a part of such Mortgage
        File to the same extent as all other documents and instruments constituting
        a
        part thereof. Any fee collected by the Master Servicer for entering into
        an
        assumption or substitution of liability agreement will be retained by the
        Master
        Servicer as additional servicing compensation.

       

      Section
        3.03  Subservicers. 

       

      The
        Master Servicer shall perform all of its servicing responsibilities hereunder
        or
        may cause a subservicer to perform any such servicing responsibilities on
        its
        behalf, but the use by the Master Servicer of a subservicer shall not release
        the Master Servicer from any of its obligations hereunder and the Master
        Servicer shall remain responsible hereunder for all acts and omissions of
        each
        subservicer as fully as if such acts and omissions were those of the Master
        Servicer. The Master Servicer shall pay all fees of each subservicer from
        its
        own funds, and a subservicer’s fee shall not exceed the Servicing Fee payable to
        the Master Servicer hereunder.

       

      At
        the
        cost and expense of the Master Servicer, without any right of reimbursement
        from
        its Protected Account, the Master Servicer shall be entitled to terminate
        the
        rights and responsibilities of a subservicer and arrange for any servicing
        responsibilities to be performed by a successor subservicer; provided, however,
        that nothing contained herein shall be deemed to prevent or prohibit the
        Master
        Servicer, at the Master Servicer’s option, from electing to service the related
        Mortgage Loans itself. In the event that the Master Servicer’s responsibilities
        and duties under this Agreement are terminated pursuant to Section 8.01,
        the
        Master Servicer shall at its own cost and expense terminate the rights and
        responsibilities of each subservicer effective as of the date of termination
        of
        the Master Servicer. The Master Servicer shall pay all fees, expenses or
        penalties necessary in order to terminate the rights and responsibilities
        of
        each subservicer from the Master Servicer’s own funds without reimbursement from
        the Trust Fund.

       

      Notwithstanding
        the foregoing, the Master Servicer shall not be relieved of its obligations
        hereunder and shall be obligated to the same extent and under the same terms
        and
        conditions as if it alone were servicing and administering the Mortgage Loans.
        The Master Servicer shall be entitled to enter into an agreement with a
        subservicer for indemnification of the Master Servicer by the subservicer
        and
        nothing contained in this Agreement shall be deemed to limit or modify such
        indemnification.

       

      Any
        subservicing agreement and any other transactions or services relating to
        the
        Mortgage Loans involving a subservicer shall be deemed to be between such
        subservicer and the Master Servicer alone, and the Trustee shall not have
        any
        obligations, duties or liabilities with respect to such subservicer including
        any obligation, duty or liability of the Trustee to pay such subservicer’s fees
        and expenses. Each subservicing agreement shall provide that such agreement
        may
        be assumed or terminated without cause or penalty by the Trustee or other
        Successor Master Servicer in the event the Master Servicer is terminated
        in
        accordance with this Agreement. For purposes of remittances to the Trustee
        pursuant to this Agreement, the Master Servicer shall be deemed to have received
        a payment on a Mortgage Loan when a subservicer has received such
        payment.

       

      Section
        3.04  Documents,
        Records and Funds in Possession of the Master Servicer To Be Held for
        Trustee. 

       

      Notwithstanding
        any other provisions of this Agreement, the Master Servicer shall transmit
        to
        the Trustee or the Custodian on behalf of the Trustee as required by this
        Agreement all documents and instruments in respect of a Mortgage Loan coming
        into the possession of the Master Servicer from time to time and shall account
        fully to the Trustee for any funds received by the Master Servicer or that
        otherwise are collected by the Master Servicer as Liquidation Proceeds,
        Insurance Proceeds or Subsequent Recoveries in respect of any such Mortgage
        Loan. All Mortgage Files and funds collected or held by, or under the control
        of, the Master Servicer in respect of any Mortgage Loans, whether from the
        collection of principal and interest payments or from Liquidation Proceeds
        or
        Subsequent Recoveries, including but not limited to, any funds on deposit
        in the
        Protected Account, shall be held by the Master Servicer for and on behalf
        of the
        Trustee and shall be and remain the sole and exclusive property of the Trustee,
        subject to the applicable provisions of this Agreement. The Master Servicer
        also
        agrees that it shall not create, incur or subject any Mortgage File or any
        funds
        that are deposited in the Protected Account or in any Escrow Account, or
        any
        funds that otherwise are or may become due or payable to the Trustee for
        the
        benefit of the Certificateholders, to any claim, lien, security interest,
        judgment, levy, writ of attachment or other encumbrance, or assert by legal
        action or otherwise any claim or right of set off against any Mortgage File
        or
        any funds collected on, or in connection with, a Mortgage Loan, except, however,
        that the Master Servicer shall be entitled to set off against and deduct
        from
        any such funds any amounts that are properly due and payable to the Master
        Servicer under this Agreement.

       

      Section
        3.05  Maintenance
        of Hazard Insurance. 

       

      The
        Master Servicer shall cause to be maintained, for each Mortgage Loan, hazard
        insurance on buildings upon, or comprising part of, the Mortgaged Property
        against loss by fire, hazards of extended coverage and such other hazards
        as are
        customary in the area where the related Mortgaged Property is located with
        an
        insurer which is licensed to do business in the state where the related
        Mortgaged Property is located. Each such policy of standard hazard insurance
        shall contain, or have an accompanying endorsement that contains, a standard
        mortgagee clause. The Master Servicer shall also cause flood insurance to
        be
        maintained on property acquired upon foreclosure or deed in lieu of foreclosure
        of any Mortgage Loan, to the extent described below. Pursuant to Section
        4.01,
        any amounts collected by the Master Servicer under any such policies (other
        than
        the amounts to be applied to the restoration or repair of the related Mortgaged
        Property or property thus acquired or amounts released to the Mortgagor in
        accordance with the Master Servicer’s normal servicing procedures) shall be
        deposited in the Protected Account. Any cost incurred by the Master Servicer
        in
        maintaining any such insurance shall not, for the purpose of calculating
        monthly
        distributions to the Certificateholders or remittances to the Trustee for
        their
        benefit, be added to the principal balance of the Mortgage Loan, notwithstanding
        that the terms of the Mortgage Loan so permit. Such costs shall be recoverable
        by the Master Servicer out of late payments by the related Mortgagor or out
        of
        Liquidation Proceeds to the extent permitted by Section 4.02. It is understood
        and agreed that no earthquake or other additional insurance is to be required
        of
        any Mortgagor or maintained on property acquired in respect of a Mortgage
        other
        than pursuant to such applicable laws and regulations as shall at any time
        be in
        force and as shall require such additional insurance. If the Mortgaged Property
        is located at the time of origination of the Mortgage Loan in a federally
        designated special flood hazard area and such area is participating in the
        national flood insurance program, the Master Servicer shall cause flood
        insurance to be maintained with respect to such Mortgage Loan. Such flood
        insurance shall be in an amount equal to the least of (i) the Stated Principal
        Balance of the related Mortgage Loan, (ii) minimum amount required to compensate
        for damage or loss on a replacement cost basis or (iii) the maximum amount
        of
        such insurance available for the related Mortgaged Property under the Flood
        Disaster Protection Act of 1973, as amended.

       

      In
        the
        event that the Master Servicer shall obtain and maintain a blanket policy
        insuring against hazard losses on all of the Mortgage Loans, it shall
        conclusively be deemed to have satisfied its obligations as set forth in
        the
        first sentence of this Section 3.05, it being understood and agreed that
        such
        policy may contain a deductible clause on terms substantially equivalent
        to
        those commercially available and maintained by comparable servicers. If such
        policy contains a deductible clause, the Master Servicer shall, in the event
        that there shall not have been maintained on the related Mortgaged Property
        a
        policy complying with the first sentence of this Section 3.05, and there
        shall
        have been a loss that would have been covered by such policy, deposit in
        the
        Protected Account the amount not otherwise payable under the blanket policy
        because of such deductible clause. Such deposit shall be from the Master
        Servicer’s own funds without reimbursement therefor. In connection with its
        activities as administrator and servicer of the Mortgage Loans, the Master
        Servicer agrees to present, on behalf of itself, the Depositor and the Trustee
        for the benefit of the Certificateholders claims under any such blanket
        policy.

       

      Section
        3.06  Presentment
        of Claims and Collection of Proceeds. 

       

      The
        Master Servicer shall prepare and present on behalf of the Trustee and the
        related Certificateholders all claims under the Insurance Policies and take
        such
        actions (including the negotiation, settlement, compromise or enforcement
        of the
        insured’s claim) as shall be necessary to realize recovery under such Insurance
        Policies. Any proceeds with respect to a Loan Group disbursed to the Master
        Servicer in respect of such Insurance Policies shall be promptly deposited
        in
        the Protected Account upon receipt, except that any amounts that are to be
        applied upon receipt to the repair or restoration of the related Mortgaged
        Property, which repair or restoration the owner of such Mortgaged Property
        or
        EMC, as applicable, has agreed to make as a condition precedent to the
        presentation of its claims on the Mortgage Loan under the applicable Insurance
        Policy, need not be so deposited (or remitted).

       

      Section
        3.07  Maintenance
        of the Primary Mortgage Insurance Policies. 

       

      (a)  The
        Master Servicer shall not take any action that would result in noncoverage
        under
        any applicable Primary Mortgage Insurance Policy of any loss which, but for
        the
        actions of the Master Servicer would have been covered thereunder. The Master
        Servicer shall use its best efforts to keep in force and effect (to the extent
        that the Mortgage Loan requires the Mortgagor to maintain such insurance),
        Primary Mortgage Insurance applicable to each Mortgage Loan. The Master Servicer
        shall not cancel or refuse to renew any such Primary Mortgage Insurance Policy
        that is in effect at the date of the initial issuance of the Mortgage Note
        and
        is required to be kept in force hereunder.

       

      (b)  The
        Master Servicer agrees to present on behalf of the Trustee, the
        Certificateholders claims to the insurer under any Primary Mortgage Insurance
        Policies and, in this regard, to take such reasonable action as shall be
        necessary to permit recovery under any Primary Mortgage Insurance Policies
        respecting defaulted Mortgage Loans. Pursuant to Section 4.01, any amounts
        collected by the Master Servicer under any Primary Mortgage Insurance Policies
        with respect to a Loan Group shall be deposited in the Protected Account
        with
        respect to such Loan Group, subject to withdrawal pursuant to Section 4.02
        hereof. 

       

      Section
        3.08  Fidelity
        Bond, Errors and Omissions Insurance. 

       

      The
        Master Servicer shall maintain, at its own expense, a blanket fidelity bond
        and
        an errors and omissions insurance policy, with broad coverage with responsible
        companies on all officers, employees or other persons acting in any capacity
        with regard to the Mortgage Loans and who handle funds, money, documents
        and
        papers relating to the Mortgage Loans. The fidelity bond and errors and
        omissions insurance shall be in the form of the Mortgage Banker’s Blanket Bond
        and shall protect and insure the Master Servicer against losses, including
        forgery, theft, embezzlement, fraud, errors and omissions and negligent acts
        of
        such persons. Such fidelity bond shall also protect and insure the Master
        Servicer against losses in connection with the failure to maintain any insurance
        policies required pursuant to this Agreement and the release or satisfaction
        of
        a Mortgage Loan which is not in accordance with Accepted Servicing Practices.
        No
        provision of this Section 3.08 requiring the fidelity bond and errors and
        omissions insurance shall diminish or relieve the Master Servicer from its
        duties and obligations as set forth in this Agreement. The minimum coverage
        under any such bond and insurance policy shall be at least equal to the
        corresponding amounts required by Accepted Servicing Practices. The Master
        Servicer shall deliver to the Trustee a certificate from the surety and the
        insurer as to the existence of the fidelity bond and errors and omissions
        insurance policy and shall obtain a statement from the surety and the insurer
        that such fidelity bond or insurance policy shall in no event be terminated
        or
        materially modified without thirty days prior written notice to the Trustee.
        The
        Master Servicer shall notify the Trustee within five business days of receipt
        of
        notice that such fidelity bond or insurance policy will be, or has been,
        materially modified or terminated. The Trustee for the benefit of the
        Certificateholders must be named as loss payees on the fidelity bond and
        as
        additional insured on the errors and omissions policy.

       

      Section
        3.09  Realization
        Upon Defaulted Mortgage Loans; Determination of Excess Liquidation Proceeds
        and
        Realized Losses; Repurchases of Certain Mortgage Loans. 

       

      (a)  The
        Master Servicer shall use reasonable efforts to foreclose upon or otherwise
        comparably convert the ownership of properties securing such of the Mortgage
        Loans as come into and continue in default and as to which no satisfactory
        arrangements can be made for collection of delinquent payments. In connection
        with such foreclosure or other conversion, the Master Servicer shall follow
        such
        practices and procedures as it shall deem necessary or advisable and as shall
        be
        normal and usual in its general mortgage servicing activities and the
        requirements of the insurer under any Required Insurance Policy; provided
        that
        the Master Servicer shall not be required to expend its own funds in connection
        with any foreclosure or towards the restoration of any property unless it
        shall
        determine (i) that such restoration and/or foreclosure will increase the
        proceeds of liquidation of the Mortgage Loan after reimbursement to itself
        of
        such expenses and (ii) that such expenses will be recoverable to it through
        Insurance Proceeds, Liquidation Proceeds (respecting which it shall have
        priority for purposes of withdrawals from the Protected Account pursuant
        to
        Section 4.02). If the Master Servicer reasonably believes that Liquidation
        Proceeds with respect to any such Mortgage Loan would not be increased as
        a
        result of such foreclosure or other action, such Mortgage Loan will be
        charged-off and will become a Liquidated Loan. The Master Servicer will give
        notice of any such charge-off to the Trustee. The Master Servicer shall be
        responsible for all other costs and expenses incurred by it in any such
        proceedings; provided that such costs and expenses shall be Servicing Advances
        and that it shall be entitled to reimbursement thereof from the proceeds
        of
        liquidation of the related Mortgaged Property from the related Loan Group,
        as
        contemplated in Section 4.02. If the Master Servicer has knowledge that a
        Mortgaged Property that the Master Servicer is contemplating acquiring in
        foreclosure or by deed- in-lieu of foreclosure is located within a one-mile
        radius of any site with environmental or hazardous waste risks known to the
        Master Servicer, the Master Servicer will, prior to acquiring the Mortgaged
        Property, consider such risks and only take action in accordance with its
        established environmental review procedures.

       

      With
        respect to any REO Property, the deed or certificate of sale shall be taken
        in
        the name of the Trustee for the benefit of the Certificateholders (or the
        Trustee’s nominee on behalf of the Certificateholders). The Trustee’s name shall
        be placed on the title to such REO Property solely as the Trustee hereunder
        and
        not in its individual capacity. The Master Servicer shall ensure that the
        title
        to such REO Property references this Agreement and the Trustee’s capacity
        hereunder. Pursuant to its efforts to sell such REO Property, the Master
        Servicer shall either itself or through an agent selected by the Master Servicer
        protect and conserve such REO Property in the same manner and to such extent
        as
        is customary in the locality where such REO Property is located and may,
        incident to its conservation and protection of the interests of the related
        Certificateholders, rent the same, or any part thereof, as the Master Servicer
        deems to be in the best interest of the Master Servicer and the related
        Certificateholders for the period prior to the sale of such REO Property.
        The
        Master Servicer shall prepare for and deliver to the Trustee a statement
        with
        respect to each REO Property that has been rented showing the aggregate rental
        income received and all expenses incurred in connection with the management
        and
        maintenance of such REO Property at such times as is necessary to enable
        the
        Trustee to comply with the reporting requirements of the REMIC Provisions.
        The
        net monthly rental income, if any, from such REO Property shall be deposited
        in
        the Protected Account with respect to the applicable Loan Group no later
        than
        the close of business on each Determination Date. The Master Servicer shall
        perform the tax reporting and withholding related to foreclosures, abandonments
        and cancellation of indebtedness income as specified by Sections 1445, 6050J
        and
        6050P of the Code by preparing and filing such tax and information returns,
        as
        may be required.

       

      In
        the
        event that the Trust Fund acquires any Mortgaged Property as aforesaid or
        otherwise in connection with a default or reasonably foreseeable default
        on a
        Mortgage Loan, the Master Servicer shall dispose of such Mortgaged Property
        prior to three years after its acquisition by the Trust Fund or, at the expense
        of the Trust Fund, request more than 60 days prior to the day on which such
        three-year period would otherwise expire, an extension of the three-year
        grace
        period unless the Trustee shall have been supplied with an Opinion of Counsel
        addressed to the Trustee (such opinion not to be an expense of the Trustee)
        to
        the effect that the holding by the Trust Fund of such Mortgaged Property
        subsequent to such three-year period will not result in the imposition of
        taxes
        on “prohibited transactions” of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V,
        REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X as defined in Section
        860F
        of the Code or cause any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC
        V,
        REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X to fail to qualify as
        a
        REMIC at any time that any Certificates are outstanding, in which case the
        Trust
        Fund may continue to hold such Mortgaged Property (subject to any conditions
        contained in such Opinion of Counsel). Notwithstanding any other provision
        of
        this Agreement, no Mortgaged Property acquired by the Trust Fund shall be
        rented
        (or allowed to continue to be rented) or otherwise used for the production
        of
        income by or on behalf of the Trust Fund in such a manner or pursuant to
        any
        terms that would (i) cause such Mortgaged Property to fail to qualify as
        “foreclosure property” within the meaning of Section 860G(a)(8) of the Code or
        (ii) subject any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC
        VI,
        REMIC VII, REMIC VIII, REMIC IX or REMIC X to the imposition of any federal,
        state or local income taxes on the income earned from such Mortgaged Property
        under Section 860G(c) of the Code or otherwise, unless the Master Servicer
        has
        agreed to indemnify and hold harmless the Trust Fund with respect to the
        imposition of any such taxes.

       

      The
        decision of the Master Servicer to foreclose on a defaulted Mortgage Loan
        shall
        be subject to a determination by the Master Servicer that the proceeds of
        such
        foreclosure would exceed the costs and expenses of bringing such a proceeding.
        The income earned from the management of any Mortgaged Properties acquired
        through foreclosure or other judicial proceeding, net of reimbursement to
        the
        Master Servicer for expenses incurred (including any property or other taxes)
        in
        connection with such management and net of unreimbursed Servicing Fees,
        Advances, Servicing Advances and any management fee paid or to be paid with
        respect to the management of such Mortgaged Property, shall be applied to
        the
        payment of principal of, and interest on, the related defaulted Mortgage
        Loans
        (with interest accruing as though such Mortgage Loans were still current)
        and
        all such income shall be deemed, for all purposes in the Agreement, to be
        payments on account of principal and interest on the related Mortgage Notes
        and
        shall be deposited into the Protected Account with respect to the related
        Loan
        Group. To the extent the income received during a Prepayment Period is in
        excess
        of the amount attributable to amortizing principal and accrued interest at
        the
        related Mortgage Rate on the related Mortgage Loan, such excess shall be
        considered to be a partial Principal Prepayment with respect to the related
        Loan
        Group for all purposes hereof.

       

      The
        Liquidation Proceeds with respect to each Loan Group from any liquidation
        of a
        related Mortgage Loan, net of any payment to the Master Servicer as provided
        above, shall be deposited in the Protected Account upon
        receipt and made available on
        the
        next succeeding Determination Date following receipt thereof for distribution
        on
        the related Distribution Date, except that any Excess Liquidation Proceeds
        with
        respect to each Loan Group shall be retained by the Master Servicer as
        additional servicing compensation.

       

      The
        proceeds of any Liquidated Loan from each Loan Group, as well as any recovery
        resulting from a partial collection of related Liquidation Proceeds or any
        income from a related REO Property, will be applied in the following order
        of
        priority: first, to reimburse the Master Servicer for any related unreimbursed
        Servicing Advances and Servicing Fees, pursuant to Section 4.02 or this Section
        3.09; second, to reimburse the Master Servicer for any unreimbursed Advances
        with respect to such Loan Group, pursuant to Section 4.02 or this Section
        3.09;
        third, to accrued and unpaid interest (to the extent no Advance has been
        made
        for such amount) on the Mortgage Loan or related REO Property, at the Net
        Mortgage Rate to the first day of the month in which such amounts are required
        to be distributed; and fourth, as a recovery of principal of the Mortgage
        Loan.

       

      (b)  On
        each
        Determination Date, the Master Servicer shall determine with respect to each
        Loan Group the respective aggregate amounts of Excess Liquidation Proceeds
        and
        Realized Losses, if any, for the related Prepayment Period.

       

      (c)  The
        Master Servicer has no intent to foreclose on any Mortgage Loan based on
        the
        delinquency characteristics as of the Closing Date; provided, that the foregoing
        does not prevent the Master Servicer from initiating foreclosure proceedings
        on
        any date hereafter if the facts and circumstances of such Mortgage Loans
        including delinquency characteristics in the Master Servicer’s discretion so
        warrant such action.

       

      Section
        3.10  Servicing
        Compensation. 

       

      As
        compensation for its activities hereunder, the Master Servicer shall be entitled
        to retain or withdraw from the Protected Account out of each payment of interest
        on a Mortgage Loan included in the Trust Fund an amount equal to the Servicing
        Fee.

       

      Additional
        servicing compensation in the form of any Excess Liquidation Proceeds,
        assumption fees, late payment charges, all Prepayment Interest Excess on
        any
        Mortgage Loan, other ancillary income, all income and gain net of any losses
        realized from Permitted Investments with respect to funds in or credited
        to the
        Protected Account shall be retained by the Master Servicer to the extent
        not
        required to be deposited in the Protected Account pursuant to Section 4.02.
        The
        Master Servicer shall be required to pay all expenses incurred by it in
        connection with its servicing activities hereunder (including payment of
        any
        premiums for hazard insurance, as required by Section 3.05 and maintenance
        of
        the other forms of insurance coverage required by Section 3.07) and shall
        not be
        entitled to reimbursement therefor except as specifically provided in Section
        4.02.

       

      Section
        3.11  REO
        Property. 

       

      (a)  In
        the
        event the Trust Fund acquires ownership of any REO Property in respect of
        any
        related Mortgage Loan, the deed or certificate of sale shall be issued to
        the
        Trustee, or to its nominee, on behalf of the related Certificateholders.
        The
        Master Servicer shall sell any REO Property as expeditiously as possible
        and in
        accordance with the provisions of this Agreement. Pursuant to its efforts
        to
        sell such REO Property, the Master Servicer shall protect and conserve such
        REO
        Property in the manner and to the extent required herein, in accordance with
        the
        REMIC Provisions.

       

      (b)  The
        Master Servicer shall deposit all funds with respect to each Loan Group
        collected and received in connection with the operation of any REO Property
        into
        the Protected Account.

       

      (c)  The
        Master Servicer, upon the final disposition of any REO Property, shall be
        entitled to reimbursement from such Loan Group for any related unreimbursed
        Advances, unreimbursed Servicing Advances or Servicing Fees from Liquidation
        Proceeds received in connection with the final disposition of such REO Property;
        provided, that any such unreimbursed Advances or Servicing Fees as well as
        any
        unpaid Servicing Fees may be reimbursed or paid, as the case may be, prior
        to
        final disposition, out of any net rental income or other net amounts derived
        from such REO Property.

       

      Section
        3.12  Liquidation
        Reports. 

       

      Upon
        the
        foreclosure of any Mortgaged Property or the acquisition thereof by the Trust
        Fund pursuant to a deed-in-lieu of foreclosure, the Master Servicer shall
        submit
        a liquidation report to the Trustee containing such information as shall
        be
        mutually acceptable to the Master Servicer and the Trustee with respect to
        such
        Mortgaged Property.

       

      Section
        3.13  Annual
        Statement as to Compliance. 

       

      The
        Master Servicer and the Trustee shall deliver to the Master Servicer, the
        Depositor and the Trustee, not later than March 15th
        of each
        calendar year beginning in 2007, an Officer’s Certificate (an “Annual Statement
        of Compliance”) stating, as to each signatory thereof, that (i) a review of the
        activities of each such party during the preceding calendar year and of its
        performance under this Agreement has been made under such officer’s supervision
        and (ii) to the best of such officer’s knowledge, based on such review, each
        such party has fulfilled all of its obligations under this Agreement in all
        material respects throughout such year or, if there has been a failure to
        fulfill any such obligation in any material respect, specifying each such
        failure known to such officer and the nature and status thereof. Such Annual
        Statement of Compliance shall contain no restrictions or limitations on its
        use.
        In the event that the Master Servicer or the Trustee has delegated any servicing
        responsibilities with respect to the Mortgage Loans to a subservicer or
        subcontractor, such servicer or subcontractor shall be directed by such
        delegating party to deliver a similar Annual Statement of Compliance by such
        subservicer or subcontractor to the Master Servicer, the Depositor and the
        Trustee as described above as and when required with respect to the Master
        Servicer and the Trustee.

       

      Failure
        of the Master Servicer to comply with this Section 3.13 (including
        with respect to the time frames required in this Section)
        shall be
        deemed an Event of Default with respect to such party, and the Trustee at
        the
        direction of the Depositor shall, in addition to whatever rights the Trustee
        may
        have under this Agreement and at law or in equity or to damages, including
        injunctive relief and specific performance, upon notice immediately terminate
        all the rights and obligations of the Master Servicer under this Agreement
        and
        in and to the Mortgage Loans and the proceeds thereof without compensating
        the
        Master Servicer for the same. Failure of the Trustee to comply with this
        Section
        3.13 (including with respect to the time frames required in this Section)
        which
        failure results in a failure to timely file the Form 10-K shall be deemed
        a
        default which may result in the termination of the Trustee pursuant to Section
        9.08 of this Agreement and the Depositor may, in addition to whatever rights
        the
        Depositor may have under this Agreement and at law or in equity or to damages,
        including injunctive relief and specific performance, upon notice immediately
        terminate all of the rights and obligations of the Trustee under this Agreement
        and in and to the Mortgage Loans and the proceeds thereof without compensating
        the Trustee for the same. This paragraph shall supersede any other provision
        in
        this Agreement or any other agreement to the contrary.

       

      In
        the
        event the Master Servicer, the Trustee or any subservicer or subcontractor
        engaged by either such party is terminated or resigns pursuant to the terms
        of
        the Agreement, or any other applicable agreement in the case of a subservicer
        or
        subcontractor, as the case may be, such party shall provide an Annual Statement
        of Compliance pursuant to this Section 3.13 or to the related section of
        such
        other applicable agreement, as the case may be, as to the performance of
        its
        obligations with respect to the period of time it was subject to this Agreement
        or any other applicable agreement, as the case may be notwithstanding any
        such
        termination or resignation.

      

      Section
        3.14  Assessments
        of Compliance and Attestation Reports. 

       

      The
        Master Servicer shall service and administer the Mortgage Loans in accordance
        with all applicable requirements of the Servicing Criteria. Pursuant to Rules
        13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB, each
        of
        the Master Servicer, the Trustee and the Custodian (each, an “Attesting Party”)
        at its own expense shall deliver to the Trustee, the Master Servicer and
        the
        Depositor on or before March 15th
        of
        each
        calendar year beginning in 2007, a report signed by an authorized officer
        of
        such party regarding such Attesting Party’s assessment of compliance (an
“Assessment of Compliance”) with the Servicing Criteria during the preceding
        calendar year. The Assessment of Compliance, as set forth in Regulation AB,
        must
        contain the following:

       

      (a)  A
        statement by such officer of its responsibility for assessing compliance
        with
        the Servicing Criteria applicable to the related Attesting Party;

       

      (b)  A
        statement by such officer that such Attesting Party used the Servicing Criteria
        attached as Exhibit P hereto, and which will also be attached to the Assessment
        of Compliance, to assess compliance with the Servicing Criteria applicable
        to
        the related Attesting Party;

       

      (c)  An
        assessment by such officer of the related Attesting Party’s compliance with the
        applicable Servicing Criteria for the period consisting of the preceding
        calendar year, including disclosure of any material instance of noncompliance
        with respect thereto during such period, which assessment shall be based
        on the
        activities such Attesting Party performs with respect to asset-backed securities
        transactions taken as a whole involving the related Attesting Party, that
        are
        backed by the same asset type as the Mortgage Loans;

       

      (d)  A
        statement that a registered public accounting firm has issued an attestation
        report on the related Attesting Party’s Assessment of Compliance for the period
        consisting of the preceding calendar year; and

       

      (e)  A
        statement as to which of the Servicing Criteria, if any, are not applicable
        to
        such Attesting Party, which statement shall be based on the activities such
        Attesting Party performs with respect to asset-backed securities transactions
        taken as a whole involving such Attesting Party, that are backed by the same
        asset type as the Mortgage Loans.

       

      Such
        report at a minimum shall address each of the Servicing Criteria specified
        on
        Exhibit P hereto which are indicated as applicable to the related Attesting
        Party.

       

      Notwithstanding
        the foregoing, as to the Trustee and any Custodian, an Assessment of Compliance
        is not required to be delivered unless it is required as part of a Form 10-K
        with respect to the Trust Fund.

       

      On
        or
        before March 15th of each calendar year beginning in 2007, each Attesting
        Party
        shall furnish to the Master Servicer, the Depositor and the Trustee a report
        (an
“Attestation Report”) by a registered public accounting firm that attests to,
        and reports on, the Assessment of Compliance made by the related Attesting
        Party, as required by Rules 13a-18 and 15d-18 of the Exchange Act and Item
        1122(b) of Regulation AB, which Attestation Report must be made in accordance
        with standards for attestation reports issued or adopted by the Public Company
        Accounting Oversight Board. 

       

      The
        Master Servicer shall cause any subservicer and each subcontractor determined
        by
        it to be “participating in the servicing function” within the meaning of Item
        1122 of Regulation AB, to deliver to the Trustee, the Master Servicer and
        the
        Depositor an Assessment of Compliance and Attestation Report as and when
        provided above along with an indication of what Servicing Criteria are addressed
        in such assessment.

       

      The
        Trustee shall confirm that the assessments, taken as a whole, address all
        of the
        Servicing Criteria and taken individually address the Servicing Criteria
        for
        each party as set forth on Exhibit P and notify the Depositor of any exceptions.
        Notwithstanding the foregoing, as to any subcontractor (as defined in the
        related servicing agreement), an Assessment of Compliance is not required
        to be
        delivered unless it is required as part of a Form 10-K with respect to the
        Trust
        Fund.

       

      In
        addition, for the avoidance of doubt and without duplication, the Master
        Servicer shall (and shall cause each subservicer engaged by it to) provide
        to
        the Depositor and the Trustee information concerning the following: (A) any
        Event of Default hereunder and any subservicer event of default under the
        terms
        of the related Subservicing Agreement, (B) any merger, consolidation or sale
        of
        substantially all of the assets of the Master Servicer or, to the best of
        the
        Master Servicer’s knowledge, any such subservicer, and (C) the Master Servicer’s
        entry into an agreement with a subservicer to perform or assist in the
        performance of any of the Master Servicer’s obligations. 

       

      In
        addition, the Master Servicer shall cause each subservicer engaged by it
        to
        provide the following information to the Depositor and the Trustee, to the
        extent applicable, within the timeframes that the Master Servicer would
        otherwise have to provide such information:

       

      (A) any
        material modifications, extensions or waivers of pool asset terms, fees,
        penalties or payments during the distribution period or that have cumulatively
        become material over time (Item 1121(a)(11) of Regulation AB);

       

      (B) information
        regarding material breaches of pool asset representations or warranties or
        transaction covenants (Item 1121(a)(12) of Regulation AB); and

       

      (C) information
        regarding new asset-backed securities issuances backed by the same pool assets,
        any pool asset changes (such as, additions, substitutions or repurchases),
        and
        any material changes in origination, underwriting or other criteria for
        acquisition or selection of pool assets (Item 1121(a)(14) of Regulation
        AB).

       

      Failure
        of the Master Servicer to comply with this Section 3.14 (including with respect
        to the time frames required in this Section) shall be deemed an Event of
        Default, and the Trustee at the direction of the Depositor shall, in addition
        to
        whatever rights the Trustee may have under this Agreement and at law or in
        equity or to damages, including injunctive relief and specific performance,
        upon
        notice immediately terminate all the rights and obligations of the Master
        Servicer under this Agreement and in and to the Mortgage Loans and the proceeds
        thereof without compensating the Master Servicer for the same. This paragraph
        shall supersede any other provision in this Agreement or any other agreement
        to
        the contrary.

       

      In
        the
        event the Master Servicer, the Custodian, the Trustee or any subservicer
        or
        subcontractor engaged by any such party is terminated, assigns its rights
        and
        obligations under, or resigns pursuant to, the terms of the Agreement, the
        related Custodial Agreement, or any other applicable agreement in the case
        of a
        subservicer or subcontractor, as the case may be, such party shall provide
        an
        Assessment of Compliance and cause to be provided an Attestation Report pursuant
        to this Section 3.14 or to the related section of such other applicable
        agreement, as the case may be, notwithstanding any such termination, assignment
        or resignation.

      

      Section
        3.15  Books
        and Records. 

       

      The
        Master Servicer shall be responsible for maintaining, and shall maintain,
        a
        complete set of books and records for the Mortgage Loans which shall be
        appropriately identified in the Master Servicer’s computer system to clearly
        reflect the ownership of the Mortgage Loans by the Trust. In particular,
        the
        Master Servicer shall maintain in its possession, available for inspection
        by
        the Trustee and shall deliver to the Trustee upon demand, evidence of compliance
        with all federal, state and local laws, rules and regulations. To the extent
        that original documents are not required for purposes of realization of
        Liquidation Proceeds or Insurance Proceeds, documents maintained by the Master
        Servicer may be in the form of microfilm or microfiche or such other reliable
        means of recreating original documents, including, but not limited to, optical
        imagery techniques so long as the Master Servicer complies with the requirements
        of Accepted Servicing Practices.

       

      The
        Master Servicer shall maintain with respect to each Mortgage Loan and shall
        make
        available for inspection by the Trustee the related servicing file during
        the
        time such Mortgage Loan is subject to this Agreement and thereafter in
        accordance with applicable law.

       

      Payments
        on the Mortgage Loans, including any payoffs, made in accordance with the
        related Mortgage File will be entered in the Master Servicer’s set of books and
        records no more than two Business Days after receipt and identification,
        and
        allocated to principal or interest as specified in the related Mortgage
        File.

       

      Section
        3.16  Reports
        Filed with Securities and Exchange Commission. 

       

      (a)  (i)Within
        15
        days after each Distribution Date (subject to permitted exceptions under
        the
        Exchange Act), the Trustee shall, in accordance with industry standards,
        prepare
        and file with the Commission via the Electronic Data Gathering and Retrieval
        System (“EDGAR”), a Form 10-D, signed by the Master Servicer, with a copy of the
        Monthly Statement to be furnished by the Trustee to the Certificateholders
        for
        such Distribution Date attached thereto; provided that the Trustee shall
        have
        received no later than seven (7) calendar days after the related Distribution
        Date, all information required to be provided to the Trustee as described
        in
        clause (a)(ii) below. Any disclosure in addition to the Monthly Statement
        that
        is required to be included on Form 10-D (“Additional Form 10-D Disclosure”)
shall
        be
        reported by the parties set forth on Exhibit Q to the Trustee and the Depositor
        and approved by the Depositor pursuant to the paragraph immediately below,
        and
        the Trustee will have no duty or liability for any failure hereunder to
        determine or prepare any Additional Form 10-D Disclosure absent such reporting
        (other than with respect to when it is the reporting party as set forth in
        Exhibit Q) and approval.

       

      (ii)  (A)
        Within seven (7) calendar days after the related Distribution Date, (i) the
        parties set forth in Exhibit Q shall be required to provide, pursuant to
        section
        3.16(a)(v) below, to the Trustee and the Depositor, to the extent known,
        in
        EDGAR-compatible format, or in such other format as otherwise agreed upon
        by the
        Trustee and the Depositor and such party, the form and substance of any
        Additional Form 10-D Disclosure, if applicable, and (ii) the Depositor will
        approve, as to form and substance, or disapprove, as the case may be, the
        inclusion of the Additional Form 10-D Disclosure on Form 10-D. The
        Trustee has no duty under this Agreement to monitor or enforce the performance
        by the parties listed on Exhibit Q of their duties under this paragraph or
        proactively solicit or procure from such parties any Additional Form 10-D
        Disclosure information. The Depositor will be responsible for any reasonable
        out-of-pocket expenses incurred by the Trustee in
        connection with including any Additional Form 10-D Disclosure on Form 10-D
        pursuant to this Section.
        

       

      (B)  After
        preparing the Form 10-D, the Trustee shall forward electronically a draft
        copy
        of the Form 10-D to the Depositor and the Master Servicer for review. No
        later
        than two (2) Business Days prior to the 15th calendar day after the related
        Distribution Date, a duly authorized officer of the Master Servicer shall
        sign
        the Form 10-D and return an electronic or fax copy of such signed Form 10-D
        (with an original executed hard copy to follow by overnight mail) to the
        Trustee. If a Form 10-D cannot be filed on time or if a previously filed
        Form
        10-D needs to be amended, the Trustee will follow the procedures set forth
        in
        Section 3.16(a)(vi). Promptly (but no later than one (1) Business Day) after
        filing with the Commission, the Trustee will make available on its internet
        website identified in Section 5.06 a final executed copy of each Form 10-D.
        The
        signing party at the Master Servicer can be contacted at 972-444-2828. Form
        10-D
        requires the registrant to indicate (by checking "yes" or "no") that it (1)
        has
        filed all reports required to be filed by Section 13 or 15(d) of the Exchange
        Act during the preceding 12 months (or for such shorter period that the
        registrant was required to file such reports), and (2) has been subject to
        such
        filing requirements for the past 90 days. The Depositor shall notify the
        Trustee
        in writing, no later than the fifth calendar day after the related Distribution
        Date with respect to the filing of a report on Form 10-D, if the answer to
        either question should be "no." The Trustee shall be entitled to rely on
        the
        Depositor’s representations in Section 2.04(vi) in preparing and/or filing any
        such Form 10-D. The parties to this Agreement acknowledge that the performance
        by the Trustee of its duties under Sections 3.16(a)(i) and (vi) related to
        the
        timely preparation and filing of Form 10-D is contingent upon such parties
        strictly observing all applicable deadlines in the performance of their duties
        under such Sections. It is understood by the parties hereto that the performance
        by the Trustee of its duties under this Section 3.16(a)(ii) related to the
        timely preparation, execution and filing of Form 10-D is also contingent
        upon
        the Custodian and any subservicers or subcontractors strictly observing
        deadlines no later than those set forth in this paragraph that are applicable
        to
        the parties to this Agreement in the delivery to the Trustee of any necessary
        Additional Form 10-D Disclosure pursuant to the Custodial Agreement or any
        other
        applicable agreement. The Trustee shall have no liability for any loss, expense,
        damage or claim arising out of or with respect to any failure to properly
        prepare and/or timely file such Form 10-D, where such failure results from
        the
        failure of any party hereto to deliver on a timely basis, any information
        needed
        by the Trustee to prepare, arrange for execution or file such Form
        10-D. 

       

              
        (iii)  (A)
        Within four (4) Business Days after the occurrence of an event requiring
        disclosure on Form 8-K (each such event, a “Reportable Event”), the Trustee
        shall prepare and file, on behalf of the Trust, at the direction of the
        Depositor, any Form 8-K, as required by the Exchange Act; provided that,
        the
        Depositor shall file the initial Form 8-K in connection with the issuance
        of the
        Certificates. Any disclosure or information related to a Reportable Event
        or
        that is otherwise required to be included on Form 8-K (“Form 8-K Disclosure
        Information”) shall be, pursuant to the paragraph immediately below, reported by
        the parties set forth on Exhibit Q to the Trustee and the Depositor and directed
        and approved by the Depositor pursuant to the following paragraph, and the
        Trustee will have no duty or liability for any failure hereunder to determine
        or
        prepare any Additional Form 8-K Disclosure absent such reporting (other than
        with respect to when it is the reporting party as set forth in Exhibit Q)
        and
        approval.

       

      (B)  For
        so
        long as the Trust is subject to the Exchange Act reporting requirements,
        (i) no
        later than 12:00 p.m. New York City time on the 2nd Business Day after the
        occurrence of a Reportable Event the parties set forth in Exhibit Q shall
        be
        required pursuant to Section 3.16(a)(v) below to provide to the Trustee and
        the
        Depositor, to the extent known, in EDGAR-compatible format, or in such other
        form as otherwise agreed upon by the Trustee and the Depositor and such party,
        the form and substance of any Form 8-K Disclosure Information, if applicable,
        and (ii) the Depositor will approve, as to form and substance, or disapprove,
        as
        the case may be, the inclusion of the Form 8-K Disclosure Information on
        Form
        8-K. The Trustee has no duty under this Agreement to monitor or enforce the
        performance by the other parties listed on Exhibit Q of their duties under
        this
        paragraph or to proactively solicit or procure from such parties any Additional
        Form 8-K Disclosure Information. The Depositor will be responsible for any
        reasonable out-of-pocket expenses incurred by the Trustee in connection with
        including any Form 8-K Disclosure Information on Form 8-K pursuant to this
        Section. 

       

      (C)  After
        preparing the Form 8-K, the Trustee shall forward electronically a draft
        copy of
        the Form 8-K to the Depositor and the Master Servicer for review. No later
        than
        the end of business New York City time on the 3rd Business Day after the
        Reportable Event, a duly authorized officer of the Master Servicer shall
        sign
        the Form 8-K and return an electronic or fax copy of such signed Form 8-K
        (with
        an original executed hard copy to follow by overnight mail) to the Trustee.
        If a
        Form 8-K cannot be filed on time or if a previously filed Form 8-K needs
        to be
        amended, the Trustee will follow the procedures set forth in Section
        3.16(a)(vi). Promptly (but no later than one (1) Business Day) after filing
        with
        the Commission, the Trustee will, make available on its internet website
        identified in Section 5.06 a final executed copy of each Form 8-K. The signing
        party at the Master Servicer can be contacted at 972-444-2828. The parties
        to
        this Agreement acknowledge that the performance by the Trustee of its duties
        under this Section 3.16(a)(iii) related to the timely preparation and filing
        of
        Form 8-K is contingent upon such parties strictly observing all applicable
        deadlines in the performance of their duties under this Section 3.16(a)(iii).
        It
        is understood by the parties hereto that the performance by the Trustee of
        its
        duties under this Section 3.16(a)(iii) related to the timely preparation,
        execution and filing of Form 8-K is also contingent upon the Custodian and
        any
        subservicers or subcontractors strictly observing deadlines no later than
        those
        set forth in this paragraph that are applicable to the parties to this Agreement
        in the delivery to the Trustee of any necessary Form 8-K Disclosure Information
        pursuant to the Custodial Agreement or any other applicable agreement. The
        Trustee shall have no liability for any loss, expense, damage or claim arising
        out of or with respect to any failure to properly prepare and/or timely file
        such Form 8-K, where such failure results from the failure of any party hereto
        to deliver on a timely basis, any information needed by the Trustee to prepare,
        arrange for execution or file such Form 8-K. 

       

      (D)  On
        or
        prior to the 90th day after the end of each fiscal year of the Trust or such
        earlier date as may be required by the Exchange Act (the “10-K Filing Deadline”)
        (it being understood that the fiscal year for the Trust ends on December
        31st of
        each year), commencing in March 2007, the Trustee shall prepare and file
        on
        behalf of the Trust a Form 10-K, in form and substance as required by the
        Exchange Act. Each such Form 10-K shall include the following items, in each
        case to the extent they have been delivered to the Trustee within the applicable
        time frames set forth in this Agreement, (I) an Annual Statement of Compliance
        for the Trustee, Master Servicer and any subservicer, as described under
        Section
        3.13, (II)(A) the Assessment of Compliance with Servicing Criteria for the
        Master Servicer and each subservicer and subcontractor participating in the
        servicing function, the Trustee and the Custodian, as described under Section
        3.14, and (B) if the Assessment of Compliance of the Master Servicer, the
        Trustee or the Custodian described under Section 3.14 identifies any material
        instance of noncompliance, disclosure identifying such instance of
        noncompliance, or if the Assessment of Compliance of the Master Servicer,
        the
        Trustee or the Custodian described under Section 3.14 is not included as
        an
        exhibit to such Form 10-K, disclosure that such report is not included and
        an
        explanation why such report is not included, (III)(A) the registered public
        accounting firm Attestation Report for the Master Servicer, the Trustee and
        the
        Custodian, as described under Section 3.14, and (B) if any registered public
        accounting firm Attestation Report described under Section 3.14 identifies
        any
        material instance of noncompliance, disclosure identifying such instance
        of
        noncompliance, or if any such registered public accounting firm Attestation
        Report is not included as an exhibit to such Form 10-K, disclosure that such
        report is not included and an explanation why such report is not included,
        and
        (IV) a Sarbanes-Oxley Certification (“Sarbanes-Oxley Certification”) as
        described in this Section 3.16 (a)(iv)(D) below. Any disclosure or information
        in addition to (I) through (IV) above that is required to be included on
        Form
        10-K (“Additional Form 10-K Disclosure”) shall be reported by the parties set
        forth on Exhibit Q to the Trustee and the Depositor and, pursuant to the
        paragraph immediately below, approved by the Depositor, and the Trustee will
        have no duty or liability for any failure hereunder to determine or prepare
        any
        Additional Form 10-K Disclosure absent such reporting (other than with respect
        to when it is the reporting party as set forth in Exhibit Q) and
        approval.

       

      (E)  No
        later
        than March 15th of each year that the Trust is subject to the Exchange Act
        reporting requirements, commencing in 2007, (i) the parties set forth in
        Exhibit
        Q shall be required to provide pursuant to Section 3.16(a)(v) below to the
        Trustee and the Depositor, to the extent known, in EDGAR-compatible format,
        or
        in such other format as otherwise agreed upon by the Trustee and the Depositor
        and such party, the form and substance of any Additional Form 10-K Disclosure,
        if applicable, and (ii) the Depositor will approve, as to form and substance,
        or
        disapprove, as the case may be, the inclusion of the Additional Form 10-K
        Disclosure on Form 10-K. The Trustee has no duty under this Agreement to
        monitor
        or enforce the performance by the other parties listed on Exhibit Q of their
        duties under this paragraph or to proactively solicit or procure from such
        parties any Additional Form 10-K Disclosure information. The Depositor will
        be
        responsible for any reasonable out-of-pocket expenses incurred by the Trustee
        in
        connection with including any Form 10-K Disclosure Information on Form 10-K
        pursuant to this Section.

       

      (F)  After
        preparing the Form 10-K, the Trustee shall forward electronically a draft
        copy
        of the Form 10-K to the Depositor and the Master Servicer for review. Form
        10-K
        requires the registrant to indicate (by checking "yes" or "no") that it (1)
        has
        filed all reports required to be filed by Section 13 or 15(d) of the Exchange
        Act during the preceding 12 months (or for such shorter period that the
        registrant was required to file such reports), and (2) has been subject to
        such
        filing requirements for the past 90 days. The Depositor shall notify the
        Trustee
        in writing, no later than the fifteenth calendar day of March in any year
        in
        which the Trust is subject to the reporting requirements of the Exchange
        Act, if
        the answer to either question should be "no." The Trustee shall be entitled
        to
        rely on the Depositor’s representations in Section 2.04(vi) in preparing and/or
        filing any such Form 10-K. No
        later
        than 12:00 p.m. New York City time on the 4th Business Day prior to the 10-K
        Filing Deadline, a senior officer of the Master Servicer in charge of the
        servicing function shall sign the Form 10-K and return an electronic or fax
        copy
        of such signed Form 10-K (with an original executed hard copy to follow by
        overnight mail) to the Trustee. If a Form 10-K cannot be filed on time or
        if a
        previously filed Form 10-K needs to be amended, the Trustee will follow the
        procedures set forth in Section 3.16(a)(vi). Promptly (but no later than
        one (1)
        Business Day) after filing with the Commission, the Trustee will make available
        on its internet website identified in Section 5.06 a final executed copy
        of each
        Form 10-K. The signing party at the Master Servicer can be contacted at
        972-444-2828. The parties to this Agreement acknowledge that the performance
        by
        the Trustee of its duties under Section 3.16(a)(iv) related to the timely
        preparation and filing of Form 10-K is contingent upon such parties strictly
        observing all applicable deadlines in the performance of their duties under
        Section 3.13 and Section 3.14. It is understood by the parties hereto that
        the
        performance by the Trustee of its duties under this Section 3.16(a)(iv) related
        to the timely preparation, execution and filing of Form 10-K is also contingent
        upon the Custodian and any subservicer or subcontractor strictly observing
        deadlines no later than those set forth in this paragraph that are applicable
        to
        the parties to this Agreement in the delivery to the Trustee of any necessary
        Additional Form 10-K Disclosure, any annual statement of compliance and any
        assessment of compliance and attestation pursuant to the Custodial Agreement
        or
        any other applicable agreement. The Trustee shall have no liability for any
        loss, expense, damage or claim arising out of or with respect to any failure
        to
        properly prepare and/or timely file such Form 10-K, where such failure results
        from the failure of any party hereto to deliver on a timely basis, any
        information needed by the Trustee to prepare, arrange for execution or file
        such
        Form 10-K. 

       

      (G)  Each
        Form
        10-K shall include a certification (the “Sarbanes-Oxley Certification”) required
        to be included therewith pursuant to the Sarbanes-Oxley Act. The Trustee
        shall,
        and the Master Servicer shall cause any subservicer or subcontractor engaged
        by
        it to, provide to the Person who signs the Sarbanes-Oxley Certification (the
        “Certifying Person”), by March 15 of each year in which the Trust is subject to
        the reporting requirements of the Exchange Act and otherwise within a reasonable
        period of time upon request, a certification (each, a “Back-Up Certification”),
        in the form attached hereto as Exhibit K, upon which the Certifying Person,
        the
        entity for which the Certifying Person acts as an officer, and such entity’s
        officers, directors and Affiliates (collectively with the Certifying Person,
        “Certification Parties”) can reasonably rely; provided, however, that the
        Trustee shall not be required to undertake an analysis of any accountant’s
        report attached as an exhibit to the Form 10-K. The senior officer of the
        Master
        Servicer shall serve as the Certifying Person on behalf of the Trust. Such
        officer of the Certifying Person can be contacted at 972-444-2828. 

       

      In
        the
        event the Trustee is terminated or resigns pursuant to the terms of this
        Agreement or any subcontractor or subservicer is terminated pursuant to the
        related servicing agreement, the Trustee, subcontractor or subservicer, as
        applicable, shall provide a Back-Up Certification to the Certifying Person
        pursuant to this Section 3.16(a)(iv) with respect to the period of time it
        was
        subject to this Agreement or the related servicing agreement, as
        applicable.

       

      (iv)  With
        respect to any Additional Form 10-D Disclosure, Additional Form 10-K Disclosure
        or any Form 8-K Disclosure Information (collectively, the “Additional
        Disclosure”) relating to the Trust Fund in the form attached hereto as Exhibit
        R, the Trustee’s obligation to include such Additional Information in the
        applicable Exchange Act report is subject to receipt from the entity that
        is
        indicated in Exhibit Q as the responsible party for providing that information,
        if other than the Trustee, as and when required as described in Section
        3.16(a)(i) through (iv) above. Each of the Master Servicer, Seller, and
        Depositor hereby agree to notify and provide (to the extent known) to the
        Trustee and the Depositor all Additional Disclosure relating to the Trust
        Fund,
        with respect to which such party is indicated in Exhibit Q as the responsible
        party for providing that information. Within
        five Business Days prior to each Distribution Date occurring in any year
        that
        the Trust is subject to the Exchange Act reporting requirements, the Depositor
        shall make available to the Trustee the related Significance Estimate and
        the
        Trustee shall use such information to calculate the related Significance
        Percentage. The
        Trustee shall provide the Significance Percentage to the Depositor by the
        later
        of the Distribution Date or three (3) Business Days after the receipt of
        the
        Significance Estimate from the Depositor. If the Significance Percentage
        meets
        either of the threshold levels detailed in Item 1115(b)(1) or 1115(b)(2)
        of
        Regulation AB, the Trustee shall deliver written notification to the Depositor
        and the related Swap Provider to that effect. The
        Trustee shall request from the Depositor and the Depositor shall deliver
        to the
        Trustee any information that the related Swap Provider delivered to the
        Depositor as required under Regulation AB, to the extent required under the
        related Swap Agreement. The Depositor shall be obligated to provide to the
        Trustee (no later than, in the case of Form 10-D, the seventh calendar day
        after
        the Distribution Date and in the case of Form 10-K, March 15th
        in any
        year in which a Form 10-K is filed for the Trust) any information that may
        be
        required to be included in any Form 10-D, Form 8-K or Form 10-K or written
        notification instructing the Trustee that such Additional Disclosure regarding
        the related Swap Provider is not necessary for such Distribution Date.
The
        Master Servicer shall be responsible for determining the pool concentration
        applicable to any subservicer or originator at any time.

       

      (v)   
          (A)
        On or
        prior to January 30 of the first year in which the Trustee is able to do
        so
        under applicable law, the Trustee shall file a Form 15 relating to the automatic
        suspension of reporting in respect of the Trust under the Exchange Act.

       

      (B)  In
        the
        event that the Trustee is unable to timely file with the Commission all or
        any
        required portion of any Forms 8-K, 10-D or 10-K required to be filed by this
        Agreement because required disclosure information was either not delivered
        to it
        or delivered to it after the delivery deadlines set forth in this Agreement
        or
        for any other reason, the Trustee will immediately notify the Depositor and
        the
        Master Servicer. In the case of Forms 10-D and 10-K, the Depositor, Master
        Servicer and Trustee will cooperate to prepare and file a Form 12b-25 and
        a
        10-D/A and 10-K/A as applicable, pursuant to Rule 12b-25 of the Exchange
        Act. In
        the case of Form 8-K, the Trustee will, upon receipt of all required Form
        8-K
        Disclosure Information and upon the approval and direction of the Depositor,
        include such disclosure information on the next Form 10-D. In the event that
        any
        previously filed Forms 8-K, 10-D or 10-K needs to be amended, the Trustee
        will
        notify the Depositor and the Master Servicer and such parties will cooperate
        to
        prepare any necessary 8-K/A, 10-D/A or 10-K/A. Any Form 15, Form 12b-25 or
        any
        amendment to Forms 8-K, 10-D or 10-K shall be signed by a senior officer
        of the
        Master Servicer. The Depositor and Master Servicer acknowledge that the
        performance by the Trustee of its duties under this Section 3.16(a)(vi) related
        to the timely preparation and filing of Form 15, a Form 12b-25 or any amendment
        to Forms 8-K, 10-D or 10-K is contingent upon the Master Servicer and the
        Depositor performing their duties under this Section. The Trustee shall have
        no
        liability for any loss, expense, damage, claim arising out of or with respect
        to
        any failure to properly prepare and/or timely file any such Form 15, Form
        12b-25
        or any amendments to Forms 8-K, 10-D or 10-K, where such failure results
        from
        the failure of any party hereto to deliver on a timely basis, any information
        needed by the Trustee to prepare, arrange for execution or file such Form
        15,
        Form 12b-25 or any amendments to Forms 8-K, 10-D or 10-K.

       

      The
        Depositor agrees to promptly furnish to the Trustee, from time to time upon
        request, such further information, reports and financial statements within
        its
        control related to this Agreement and the Mortgage Loans as the Trustee
        reasonably deems appropriate to prepare and file all necessary reports with
        the
        Commission. The Trustee shall have no responsibility to file any items other
        than those specified in this Section 3.16; provided, however, the Trustee
        shall
        cooperate with the Depositor in connection with any additional filings with
        respect to the Trust Fund as the Depositor deems necessary under the Exchange
        Act. Copies of all reports filed by the Trustee under the Exchange Act shall
        be
        sent to: the Depositor c/o Bear, Stearns & Co. Inc., Attn: Managing Director
        Analysis and Control, One Metrotech Center North, Brooklyn, New York 11202-3859.
        Fees and expenses incurred by the Trustee in connection with this Section
        3.16
        shall not be reimbursable from the Trust Fund.

       

      (b)  In
        connection with the filing of any 10-K hereunder, the Trustee shall sign
        a
        Back-Up Certification substantially in the form attached hereto as Exhibit
        K for
        the Depositor regarding certain aspects of the Form 10-K certification signed
        by
        the Master Servicer; provided, however, the Trustee shall not be required
        to
        undertake an analysis of any accountant’s report attached as an exhibit to the
        Form 10-K.

       

      (c)  The
        Trustee shall indemnify and hold harmless, the Depositor and the Master Servicer
        and each of its officers, directors and affiliates from and against any losses,
        damages, penalties, fines, forfeitures, reasonable and necessary legal fees
        and
        related costs, judgments and other costs and expenses arising out of or based
        upon a breach of the Trustee’s obligations under Sections 3.13, 3.14 and 3.16 or
        the Trustee’s negligence, bad faith or willful misconduct in connection
        therewith. In addition, the Trustee shall indemnify and hold harmless the
        Depositor and the Master Servicer and each of their officers, directors and
        affiliates from and against any losses, damages, penalties, fines, forfeitures,
        reasonable and necessary legal fees and related costs, judgments and other
        costs
        and expenses arising out of or based upon (i) any untrue statement or alleged
        untrue statement of any material fact contained in any Back-Up Certification,
        the Annual Statement of Compliance, the Assessment of Compliance, any Additional
        Disclosure or other information provided by the Trustee pursuant to Section
        3.13, 3.14 and 3.16 (the “Trustee Information”), or (ii) the omission or alleged
        omission to state therein a material fact required to be stated therein or
        necessary to make the statements therein, in light of the circumstances in
        which
        they were made, not misleading; provided, by way of clarification, that clause
        (ii) of this paragraph shall be construed solely by reference to the Trustee
        Information and not to any other information communicated in connection with
        the
        Certificates, without regard to whether the Trustee Information or any portion
        thereof is presented together with or separately from such other
        information.

       

      (d)  The
        Depositor shall indemnify and hold harmless the Trustee and its officers,
        directors and affiliates from and against any losses, damages, penalties,
        fines,
        forfeitures, reasonable and necessary legal fees and related costs, judgments
        and other costs and expenses arising out of or based upon a breach of the
        obligations of the Depositor under Section 3.13, Section 3.14 and Section
        3.16
        or the Depositor’s negligence, bad faith or willful misconduct in connection
        therewith. In addition, the Depositor shall indemnify and hold harmless the
        Trustee and each of its officers, directors and affiliates from and against
        any
        losses, damages, penalties, fines, forfeitures, reasonable and necessary
        legal
        fees and related costs, judgments and other costs and expenses arising out
        of or
        based upon (i) any untrue statement or alleged untrue statement of any material
        fact contained in any Additional Disclosure or other information provided
        by the
        Depositor pursuant to Section 3.16 (the “Depositor Information”), or (ii) the
        omission or alleged omission to state therein a material fact required to
        be
        stated therein or necessary to make the statements therein, in light of the
        circumstances in which they were made, not misleading; provided, by way of
        clarification, that clause (ii) of this paragraph shall be construed solely
        by
        reference to the Depositor Information and not to any other information
        communicated in connection with the Certificates, without regard to whether
        the
        Depositor Information or any portion thereof is presented together with or
        separately from such other information.

       

      (e)  The
        Master Servicer shall indemnify and hold harmless the Trustee and the Depositor
        and their respective officers, directors and affiliates from and against
        any
        losses, damages, penalties, fines, forfeitures, reasonable and necessary
        legal
        fees and related costs, judgments and other costs and expenses arising out
        of or
        based upon a breach of the obligations of the Master Servicer under Section
        3.13, Section 3.14 and Section 3.16 or the Master Servicer’s negligence, bad
        faith or willful misconduct in connection therewith. In addition, the Master
        Servicer shall indemnify and hold harmless the Trustee and the Depositor
        and
        each of its officers, directors and affiliates from and against any losses,
        damages, penalties, fines, forfeitures, reasonable and necessary legal fees
        and
        related costs, judgments and other costs and expenses arising out of or based
        upon (i) any untrue statement or alleged untrue statement of any material
        fact
        contained in any Sarbanes-Oxley Certification, the Annual Statement of
        Compliance, the Assessment of Compliance, any Additional Disclosure or other
        information provided by the Master Servicer pursuant to Section 3.13, 3.14
        and
        3.16 (the “Master Servicer Information”), or (ii) the omission or alleged
        omission to state therein a material fact required to be stated therein or
        necessary to make the statements therein, in light of the circumstances in
        which
        they were made, not misleading; provided, by way of clarification, that clause
        (ii) of this paragraph shall be construed solely by reference to the Master
        Servicer Information and not to any other information communicated in connection
        with the Certificates, without regard to whether the Master Servicer Information
        or any portion thereof is presented together with or separately from such
        other
        information.

       

      If
        the
        indemnification provided for herein is unavailable or insufficient to hold
        harmless the Master Servicer, the Depositor or the Trustee, as applicable,
        then
        the defaulting party, in connection with a breach of its respective obligations
        under Section 3.13, Section 3.14 and Section 3.16 or its respective negligence,
        bad faith or willful misconduct in connection therewith, agrees that it shall
        contribute to the amount paid or payable by the other parties as a result
        of the
        losses, claims, damages or liabilities of the other party in such proportion
        as
        is appropriate to reflect the relative fault and the relative benefit of
        the
        respective parties.

       

      (f)  Nothing
        shall be construed from the foregoing subsections (a), (b) and (c) to require
        the Trustee or any officer, director or Affiliate thereof to sign any Form
        10-K
        or any certification contained therein. Furthermore, the inability of the
        Trustee to file a Form 10-K as a result of the lack of required information
        as
        set forth in Section 3.16(a) or required signatures on such Form 10-K or
        any
        certification contained therein shall not be regarded as a breach by the
        Trustee
        of any obligation under this Agreement.

       

      (g)  Notwithstanding
        the provisions of Section 11.01, this Section 3.16 may be amended without
        the
        consent of the Certificateholders.

       

      Section
        3.17  Intention
        of the Parties and Interpretation. 

       

      Each
        of
        the parties acknowledges and agrees that the purpose of Sections 3.13, 3.14
        and
        3.16 of this Agreement is to facilitate compliance by the Seller and the
        Depositor with the provisions of Regulation AB. Therefore, each of the parties
        agrees that (a) the obligations of the parties hereunder shall be interpreted
        in
        such a manner as to accomplish that purpose, (b) the parties’ obligations
        hereunder will be supplemented and modified as necessary to be consistent
        with
        any such amendments, interpretive advice or guidance, convention or consensus
        among active participants in the asset-backed securities markets, advice
        of
        counsel, or otherwise in respect of the requirements of Regulation AB, (c)
        the
        parties shall comply with reasonable requests made by the Seller, the Trustee
        or
        the Depositor for delivery of additional or different information as the
        Seller,
        the Trustee or the Depositor may determine in good faith is necessary to
        comply
        with the provisions of Regulation AB, and (d) no amendment of this Agreement
        shall be required to effect any such changes in the parties’ obligations as are
        necessary to accommodate evolving interpretations of the provisions of
        Regulation AB.

       

      Section
        3.18  UCC. 

       

      The
        Seller shall file any financing statements, continuation statements or
        amendments thereto required by any change in the Uniform Commercial
        Code.

       

      Section
        3.19  Optional
        Purchase of Certain Mortgage Loans. 

       

      With
        respect to any Mortgage Loan which as of the first day of a Fiscal Quarter
        is
        delinquent in payment by 90 days or more or is an REO Property, the Seller
        shall
        have the right to purchase any such Mortgage Loan or REO Property from the
        Trust
        at a price equal to the Purchase Price; provided however (i) that such Mortgage
        Loan is still 90 days or more delinquent or is an REO Property as of the
        date of
        such purchase and (ii) this purchase option, if not theretofore exercised,
        shall
        terminate on the date prior to the last day of the related Fiscal Quarter.
        This
        purchase option, if not exercised, shall not be thereafter reinstated unless
        the
        delinquency is cured and the Mortgage Loan thereafter again becomes 90 days
        or
        more delinquent or becomes an REO Property, in which case the option shall
        again
        become exercisable as of the first day of the related Fiscal
        Quarter.

       

      If
        at any
        time the Seller remits to the Master Servicer a payment for deposit in the
        Protected Account covering the amount of the Purchase Price for such a Mortgage
        Loan, and the Seller provides to the Trustee a certification signed by a
        Servicing Officer stating that the amount of such payment has been deposited
        in
        the Protected Account, then the Trustee shall execute the assignment of such
        Mortgage Loan prepared and delivered to the Trustee, at the request of the
        Seller, without recourse, representation or warranty, to the Seller which
        shall
        succeed to all the Trustee’s right, title and interest in and to such Mortgage
        Loan, and all security and documents relative thereto. Such assignment shall
        be
        an assignment outright and not for security. The Seller will thereupon own
        such
        Mortgage, and all such security and documents, free of any further obligation
        to
        the Trustee or the Certificateholders with respect thereto.

       

      Section
        3.20  Obligations
        of the Master Servicer in Respect of Mortgage Rates and Scheduled
        Payments. 

       

      In
        the
        event that a shortfall in any collection on or liability with respect to
        any
        Mortgage Loan results from or is attributable to adjustments to Mortgage
        Rates,
        Scheduled Payments or Stated Principal Balances that were made by the Master
        Servicer in a manner not consistent with the terms of the related Mortgage
        Note
        and this Agreement, the Master Servicer, upon discovery or receipt of notice
        thereof, immediately shall deliver to the Trustee for deposit in the
        Distribution Account with respect to the related Loan Group from its own
        funds
        the amount of any such shortfall and shall indemnify and hold harmless the
        Trust
        Fund, the Trustee, the Depositor and any Successor Master Servicer in respect
        of
        any such liability. Such indemnities shall survive the termination or discharge
        of this Agreement. Notwithstanding the foregoing, this Section 3.20 shall
        not
        limit the ability of the Master Servicer to seek recovery of any such amounts
        from the related Mortgagor under the terms of the related Mortgage Note and
        Mortgage, to the extent permitted by applicable law.

       

      Section
        3.21  Group
        I Reserve Fund; Payments to and from Swap Administrator; Group I Supplemental
        Interest Trust. 

       

      (a)  As
        of the
        Closing Date, the Trustee shall establish and maintain in the name of the
        Group
        I Supplemental Interest Trust, a separate trust for the benefit of the Holders
        of the Class I-A Certificates and Class I-M Certificates and the Group I
        Swap
        Provider. The Group I Supplemental Interest Trust shall hold the Group I
        Swap
        Agreement, the rights in respect of the Swap Administration Agreement that
        relate to Loan Group I, the Group I Swap Account and REMIC VII Regular Interest
        IO. The Group I Swap Account shall be an Eligible Account, and funds on deposit
        therein shall be held separate and apart from, and shall not be commingled
        with,
        any other moneys, including, without limitation, other moneys of the Trustee
        held pursuant to this Agreement. Amounts in the Group I Swap Account shall,
        at
        the direction of the Majority Class I-CE Certificateholder, be invested in
        Permitted Investments that mature no later than the Business Day prior to
        the
        next succeeding Distribution Date. All net income and gain from such investments
        shall be distributed to the Majority Class I-CE Certificateholder, not as
        a
        distribution in respect of any interest in any REMIC, on such Distribution
        Date.
        In the absence of written instructions to the Trustee, amounts on deposit
        in the
        Group I Swap Account shall remain uninvested. All amounts earned on amounts
        on
        deposit in the Group I Swap Account shall be taxable to the Majority Class I-CE
        Certificateholder. Any losses on such investments shall be deposited in the
        Group I Swap Account by the Majority Class I-CE Certificateholder out of
        its own
        funds immediately as realized. In performing its duties hereunder and under
        the
        Group I Swap Agreement and the rights in respect of the Swap Administration
        Agreement that relate to Loan Group I, the Group I Supplemental Interest
        Trust
        Trustee shall be entitled to the same rights, protections and indemnities
        as
        provided to the Trustee hereunder.

       

      (b)  On
        or
        before the Closing Date, the Trustee shall establish a Group I Reserve Fund
        on
        behalf of the Holders of the Group I Certificates. On the Closing Date, the
        Depositor shall cause an amount equal to the Group I Reserve Fund Deposit
        to be
        deposited into the Group I Reserve Fund. The Group I Reserve Fund must be
        an
        Eligible Account. The Group I Reserve Fund shall be entitled “Group I Reserve
        Fund, LaSalle Bank National Association as Trustee for the benefit of holders
        of
        Bear Stearns Asset Backed Securities I LLC, Asset-Backed Certificates, Series
        2006-HE7”. The Trustee shall deposit in the Group I Reserve Fund all payments
        received from the Swap Administrator that are payable to the Trust Fund with
        respect to Loan Group I pursuant to the Swap Administration Agreement. On
        each
        Distribution Date the Trustee shall remit such amounts received from the
        Swap
        Administrator to the Holders of the Class I-A Certificates and Class I-M
        Certificates in the manner provided in clause (d) below. In addition, on
        each
        Distribution Date as to which there is a Basis Risk Shortfall Carry Forward
        Amount payable to any Class of Class I-A Certificates and/or Class I-M
        Certificates, the Trustee shall deposit the amounts distributable pursuant
        to
        clauses (C) and (D) of Section 5.04(a)(3) into the Group I Reserve Fund,
        and the
        Trustee has been directed by the Class I-CE Certificateholder to distribute
        any
        amounts then on deposit in the Group I Reserve Fund to the Holders of the
        Class
        I-A Certificates and/or Class I-M Certificates in respect of the Basis Risk
        Shortfall Carry Forward Amounts for each such Class in the priorities set
        forth
        in clauses (C) and (D) of Section 5.04(a)(3). Any amount paid to the Holders
        of
        Class I-A Certificates and/or Class I-M Certificates from amounts distributable
        pursuant to clauses (C) and (D) of Section 5.04(a)(3) pursuant to the preceding
        sentence in respect of Basis Risk Shortfall Carry Forward Amounts shall be
        treated as distributed to the Class I-CE Certificateholder in respect of
        the
        Class I-CE Certificates and paid by the Class I-CE Certificateholder to the
        Holders of the Class I-A Certificates and/or Class I-M Certificates. Any
        payments to the Holders of the Class I-A Certificates and/or Class I-M
        Certificates in respect of Basis Risk Shortfall Carry Forward Amounts, whether
        pursuant to the second preceding sentence or pursuant to clause (d) below,
        shall
        not be payments with respect to a Regular Interest in a REMIC within the
        meaning
        of Section 860G(a)(1) of the Code.

       

      (c)  Group
        I
        Net Swap Payments and Group I Swap Termination Payments (other than Group
        I Swap
        Termination Payments resulting from a Group I Swap Provider Trigger Event
        and
        to
        the extent not paid by the Swap Administrator on behalf of the Group I
        Supplemental Interest Trust Trustee from any upfront payment received pursuant
        to any related replacement interest rate swap agreement that may be entered
        into
        by the Group I Supplemental Interest Trust Trustee)
        payable
        by the Swap Administrator, on behalf of the Group I Supplemental Interest
        Trust
        Trustee, to the Group I Swap Provider pursuant to the Group I Swap Agreement
        shall be deducted from Interest Funds with respect to Loan Group I, and to
        the
        extent of any such remaining amounts due, from Principal Funds with respect
        to
        Loan Group I, prior to any distributions to the Group I Certificateholders.
        On
        or before each Distribution Date, such amounts shall be remitted to the Swap
        Administrator, and deposited into the Group I Swap Account, first to make
        any
        Group I Net Swap Payment owed to the Group I Swap Provider pursuant to the
        Group
        I Swap Agreement for such Distribution Date and for prior Distribution Dates,
        if
        any, and second to make any Group I Swap Termination Payment (not due to
        a Group
        I Swap Provider Trigger Event and to the extent not paid by the Swap
        Administrator on behalf of the Group I Supplemental Interest Trust Trustee
        from
        any upfront payment received pursuant to any related replacement interest
        rate
        swap agreement that may be entered into by the Group I Supplemental Interest
        Trust Trustee) owed to the Group I Swap Provider pursuant to the Group I
        Swap
        Agreement for such Distribution Date and for prior Distribution Dates, if
        any.
        For federal income tax purposes, such amounts paid to the Group I Supplemental
        Interest Trust on each Distribution Date shall first be deemed paid to the
        Group
        I Supplemental Interest Trust in respect of REMIC VII Regular Interest IO
        to the
        extent of the amount distributable on such REMIC VII Regular Interest IO
        on such
        Distribution Date, and any remaining amount shall be deemed paid to the Group
        I
        Supplemental Interest Trust in respect of a Group I Class IO Distribution
        Amount. Any Group I Swap Termination Payment triggered by a Group I Swap
        Provider Trigger Event owed to the Group I Swap Provider pursuant to the
        Group I
        Swap Agreement will be subordinated to distributions to the Holders of the
        Class
        I-A Certificates and Class I-M Certificates and shall be paid as set forth
        under
        Section 5.04(a)(3). In addition, the Swap Administrator shall remit to the
        Group
        I Swap Provider any Group I Swap Optional Termination Payment paid as part
        of
        the Group I Mortgage Loan Purchase Price and remitted to the Group I
        Supplemental Interest Trust pursuant to Section 10.01.

       

      (d)  On
        or
        before each Distribution Date, Group I Net Swap Payments payable by the Group
        I
        Swap Provider pursuant to the Group I Swap Agreement to the Swap Administrator,
        on behalf of the Group I Supplemental Interest Trust Trustee, will be deposited
        by the Swap Administrator, acting on behalf of the Group I Supplemental Interest
        Trust Trustee, into the Group I Swap Account pursuant to the Swap Administration
        Agreement. The Swap Administrator shall, to the extent provided in the Swap
        Administration Agreement, remit amounts on deposit in the Group I Swap Account
        to the Trustee for deposit into the Group I Reserve Fund. On each Distribution
        Date, to the extent required, the Trustee shall withdraw such amounts from
        the
        Group I Reserve Fund to distribute to the Class I-A Certificates and Class
        I-M
        Certificates in the following order of priority:

       

      (i)  first,
        to each
        Class of Class I-A Certificates, on a pro
        rata
        basis,
        to pay Current Interest and any Interest Carry Forward Amount to the extent
        due
        to the interest portion of a Realized Loss, in each case to the extent not
        fully
        paid pursuant to Section 5.04(a)(1);

       

      (ii)  second,
        sequentially to the Class
        I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class
        I-M-7, Class I-M-8, Class I-M-9, Class I-M-10 and Class I-M-11
        Certificates,
        in that
        order, to pay Current Interest to the extent not fully paid pursuant to Section
        5.04(a)(1) and any Interest Carry Forward Amount, in each case to the extent
        due
        to the interest portion of a Realized Loss;

       

      (iii)  third,
        to pay
        first, to each Class of Class I-A Certificates, on a pro
        rata
        basis,
        based on the amount of Basis Risk Shortfall Carry Forward Amount for each
        such
        Class, and second, sequentially to the Class I-M-1, Class I-M-2, Class I-M-3,
        Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class I-M-8, Class I-M-9,
        Class I-M-10 and Class I-M-11 Certificates, in that order, any Basis Risk
        Shortfall Carry Forward Amounts for such Distribution Date; and

       

      (iv)  fourth,
        to pay
        as principal to the Class I-A Certificates and Class I-M Certificates to
        be
        applied as part of the Group I Extra Principal Distribution Amount payable
        under
        Section 5.04(a)(2) to the extent that the Group I Overcollateralization Amount
        is reduced below the Group I Overcollateralization Target Amount, as a result
        of
        Realized Losses and to the extent not paid by Excess Spread relating to Loan
        Group I pursuant to Section 5.04(a)(3) for such Distribution Date. For the
        avoidance of doubt, any amounts distributable pursuant to this clause (iv)
        shall
        be limited to rebuilding overcollateralization related to Loan Group I to
        the
        extent overcollateralization has been reduced through Realized Losses related
        to
        Loan Group I.

       

      (e)  The
        Group
        I Reserve Fund is an “outside reserve fund” within the meaning of Treasury
        Regulation Section 1.860G-2(h) and shall be an asset of the Trust Fund but
        not
        an asset of any REMIC. The Trustee on behalf of the Trust shall be the nominal
        owner of the Group I Reserve Fund. The Majority Class I-CE Certificateholder
        shall be the beneficial owner of the Group I Reserve Fund, subject to the
        power
        of the Trustee to transfer amounts under Section 5.04. Amounts
        in the Group I Reserve Fund shall, at the direction of the Majority Class
        I-CE
        Certificateholder, be invested in Permitted Investments that mature no later
        than the Business Day prior to the next succeeding Distribution Date. All
        net
        income and gain from such investments shall be distributed to the Majority
        Class
        I-CE Certificateholder, not as a distribution in respect of any interest
        in any
        REMIC, on such Distribution Date. In
        the
        absence of written instructions to the Trustee, amounts on deposit in the
        Group
        I Reserve Fund shall remain uninvested. All
        amounts earned on amounts on deposit in the Group I Reserve Fund shall be
        taxable to the Majority Class I-CE Certificateholder. Any losses on such
        investments shall be deposited in the Group I Reserve Fund by the Majority
        Class
        I-CE Certificateholder out of its own funds immediately as realized.
The
        Group
        I Swap Account, which is created and maintained by the Swap Administrator
        pursuant to the Swap Administration Agreement, is an “outside reserve fund”
within the meaning of Treasury Regulation Section 1.860G-2(h) and shall not
        be
        an asset of any REMIC created hereunder. The beneficial owner of the Group
        I
        Swap Account is identified, and other matters relating to the Group I Swap
        Account are addressed, in the Swap Administration Agreement.

       

      (f)  The
        Trustee shall treat the Holders of Group I Certificates (other than the Class
        I-P, Class I-CE and Class I-R Certificates) as having entered into a notional
        principal contract with respect to the Holders of the Class I-CE Certificates.
        Pursuant to each such notional principal contract, all Holders of Group I
        Certificates (other than the Class I-P, Class I-CE and Class I-R Certificates)
        shall be treated as having agreed to pay, on each Distribution Date, to the
        Holder of the Class I-CE Certificates an aggregate amount equal to the excess,
        if any, of (i) the amount payable on such Distribution Date on the REMIC
        IV
        Regular Interest corresponding to such Class of Certificates over (ii) the
        amount payable on such Class of Certificates on such Distribution Date (such
        excess, a “Group I Class IO Distribution Amount”). A Group I Class IO
        Distribution Amount payable from interest collections shall be allocated
        pro
        rata
        among
        such Certificates based on the excess of, with respect to each such Certificate,
        (i) the amount of interest otherwise payable to the REMIC IV Regular Interest
        relating to such Certificate over (ii) the amount of interest payable to
        such
        Certificate at a per annum rate equal to the related Net Rate Cap, and a
        Group I
        Class IO Distribution Amount payable from principal collections shall be
        allocated to the most subordinate Class of Group I Certificates with an
        outstanding principal balance to the extent of such balance. In addition,
        pursuant to such notional principal contract, the Holder of the Class I-CE
        Certificates shall be treated as having agreed to pay Basis Risk Shortfall
        Carry
        Forward Amounts with respect to Loan Group I to the Holders of the Group
        I
        Certificates (other than the Class I-CE, Class I-P and Class I-R Certificates)
        in accordance with the terms of this Agreement. Any payments to the Group
        I
        Certificates from amounts deemed received in respect of this notional principal
        contract shall not be payments with respect to a Regular Interest in a REMIC
        within the meaning of Code Section 860G(a)(1). However, any payment from
        the
        Group I Certificates (other than the Class I-CE, Class I-P and Class I-R
        Certificates) of a Group I Class IO Distribution Amount shall be treated
        for tax
        purposes as having been received by the Holders of such Certificates in respect
        of their interests in REMIC IV and as having been paid by such Holders to
        the
        Swap Administrator pursuant to the notional principal contract. Thus, each
        Group
        I Certificate (other than the Class I-P Certificates and Class I-R Certificates)
        shall be treated as representing not only ownership of a Regular Interest
        in
        REMIC IV, but also ownership of an interest in, and obligations with respect
        to,
        a notional principal contract.

       

      (g) In
        the
        event that the Group I Swap Agreement is terminated prior to the Distribution
        Date in August 2011, the Group I Supplemental Interest Trust Trustee shall
        cause
        the Swap Administrator to use reasonable efforts to appoint a successor swap
        provider to enter into a related replacement interest rate swap agreement
        using
        any Group I Swap Termination Payments paid by the Group I Swap Provider to
        the
        Swap Administrator, on behalf of the Group I Supplemental Interest Trust
        Trustee, in connection with such termination. If the Swap Administrator is
        unable to obtain a replacement interest rate swap agreement within the period
        specified in the Swap Administration Agreement, any such Group I Swap
        Termination Payments shall be used by the Swap Administrator, on behalf of
        the
        Group I Supplemental Interest Trust Trustee, for payment to the Holders of
        the
        Class I-A Certificates and Class I-M Certificates or for such other purpose
        specified in the Swap Administration Agreement in accordance with the terms
        thereof.

       

      Section
        3.22  Group
        II Reserve Fund; Payments to and from Swap Administrator; Group II Supplemental
        Interest Trust. 

       

      (a)  As
        of the
        Closing Date, the Trustee shall establish and maintain in the name of the
        Group
        II Supplemental Interest Trust, a separate trust for the benefit of the Holders
        of the Class II-A Certificates and Class II-M Certificates and the Group
        II Swap
        Provider. The Group II Supplemental Interest Trust shall hold the Group II
        Swap
        Agreement, the rights in respect of the Swap Administration Agreement that
        relate to Loan Group II, the Group II Swap Account and REMIC X Regular Interest
        IO. The Group II Swap Account shall be an Eligible Account, and funds on
        deposit
        therein shall be held separate and apart from, and shall not be commingled
        with,
        any other moneys, including, without limitation, other moneys of the Trustee
        held pursuant to this Agreement. Amounts in the Group II Swap Account shall,
        at
        the direction of the Majority Class II-CE Certificateholder, be invested
        in
        Permitted Investments that mature no later than the Business Day prior to
        the
        next succeeding Distribution Date. All net income and gain from such investments
        shall be distributed to the Majority Class II-CE Certificateholder, not as
        a
        distribution in respect of any interest in any REMIC, on such Distribution
        Date.
        In the absence of written instructions to the Trustee, amounts on deposit
        in the
        Group II Swap Account shall remain uninvested. All amounts earned on amounts
        on
        deposit in the Group II Swap Account shall be taxable to the Majority Class
        II-CE Certificateholder. Any losses on such investments shall be deposited
        in
        the Group II Swap Account by the Majority Class II-CE Certificateholder out
        of
        its own funds immediately as realized. In performing its duties hereunder
        and
        under the Group II Swap Agreement and the rights in respect of the Swap
        Administration Agreement that relate to Loan Group II, the Group II Supplemental
        Interest Trust Trustee shall be entitled to the same rights, protections
        and
        indemnities as provided to the Trustee hereunder.

       

      (b)  On
        or
        before the Closing Date, the Trustee shall establish a Group II Reserve Fund
        on
        behalf of the Holders of the Group II Certificates. On the Closing Date,
        the
        Depositor shall cause an amount equal to the Group II Reserve Fund Deposit
        to be
        deposited into the Group II Reserve Fund. The Group II Reserve Fund must
        be an
        Eligible Account. The Group II Reserve Fund shall be entitled “Group II Reserve
        Fund, LaSalle Bank National Association as Trustee for the benefit of holders
        of
        Bear Stearns Asset Backed Securities I LLC, Asset-Backed Certificates, Series
        2006-HE7”. The Trustee shall deposit in the Group II Reserve Fund all payments
        received from the Swap Administrator that are payable to the Trust Fund with
        respect to Loan Group II pursuant to the Swap Administration Agreement. On
        each
        Distribution Date the Trustee shall remit such amounts received from the
        Swap
        Administrator to the Holders of the Class II-A Certificates and Class II-M
        Certificates in the manner provided in clause (d) below. In addition, on
        each
        Distribution Date as to which there is a Basis Risk Shortfall Carry Forward
        Amount payable to any Class of Class II-A Certificates and/or Class II-M
        Certificates, the Trustee shall deposit the amounts distributable pursuant
        to
        clauses (C) and (D) of Section 5.04(b)(4) into the Group II Reserve Fund,
        and
        the Trustee has been directed by the Class II-CE Certificateholder to distribute
        any amounts then on deposit in the Group II Reserve Fund to the Holders of
        the
        Class II-A Certificates and/or Class II-M Certificates in respect of the
        Basis
        Risk Shortfall Carry Forward Amount for each such Class in the priorities
        set
        forth in clauses (C) and (D) of Section 5.04(b)(4). Any amount paid to the
        Holders of Class II-A Certificates and/or Class II-M Certificates from amounts
        distributable pursuant to clauses (C) and (D) of Section 5.04(b)(4) pursuant
        to
        the preceding sentence in respect of Basis Risk Shortfall Carry Forward Amounts
        shall be treated as distributed to the Class II-CE Certificateholder in respect
        of the Class II-CE Certificates and paid by the Class II-CE Certificateholder
        to
        the Holders of the Class II-A Certificates and/or Class II-M Certificates.
        Any
        payments to the Holders of the Class II-A Certificates and/or Class II-M
        Certificates in respect of Basis Risk Shortfall Carry Forwards Amount, whether
        pursuant to the second preceding sentence or pursuant to clause (d) below,
        shall
        not be payments with respect to a Regular Interest in a REMIC within the
        meaning
        of Section 860G(a)(1) of the Code.

       

      (c)  Group
        II
        Net Swap Payments and Group II Swap Termination Payments (other than Group
        II
        Swap Termination Payments resulting from a Group II Swap Provider Trigger
        Event
        and to the extent not paid by the Swap Administrator on behalf of the Group
        II
        Supplemental Interest Trust Trustee from any upfront payment received pursuant
        to any related replacement interest rate swap agreement that may be entered
        into
        by the Group II Supplemental Interest Trust Trustee) payable by the Swap
        Administrator, on behalf of the Group II Supplemental Interest Trust Trustee,
        to
        the Group II Swap Provider pursuant to the Group II Swap Agreement shall
        be
        deducted from Interest Funds with respect to Loan Group II, and to the extent
        of
        any such remaining amounts due, from Principal Funds with respect to Loan
        Group
        II, prior to any distributions to the Group II Certificateholders. On or
        before
        each Distribution Date, such amounts shall be remitted to the Swap
        Administrator, and deposited into the Group II Swap Account, first to make
        any
        Group II Net Swap Payment owed to the Group II Swap Provider pursuant to
        the
        Group II Swap Agreement for such Distribution Date and for prior Distribution
        Dates, if any, and second to make any Group II Swap Termination Payment (not
        due
        to a Group II Swap Provider Trigger Event and to the extent not paid by the
        Swap
        Administrator on behalf of the Group II Supplemental Interest Trust Trustee
        from
        any upfront payment received pursuant to any related replacement interest
        rate
        swap agreement that may be entered into by the Group II Supplemental Interest
        Trust Trustee) owed to the Group II Swap Provider pursuant to the Group II
        Swap
        Agreement for such Distribution Date and for prior Distribution Dates, if
        any.
        For federal income tax purposes, such amounts paid to the Group II Supplemental
        Interest Trust on each Distribution Date shall first be deemed paid to the
        Group
        II Supplemental Interest Trust in respect of REMIC X Regular Interest IO
        to the
        extent of the amount distributable on such REMIC X Regular Interest IO on
        such
        Distribution Date, and any remaining amount shall be deemed paid to the Group
        II
        Supplemental Interest Trust in respect of a Group II Class IO Distribution
        Amount. Any Group II Swap Termination Payment triggered by a Group II Swap
        Provider Trigger Event owed to the Group II Swap Provider pursuant to the
        Group
        II Swap Agreement will be subordinated to distributions to the Holders of
        the
        Class II-A Certificates and Class II-M Certificates and shall be paid as
        set
        forth under Section 5.04(b)(4). In addition, the Swap Administrator shall
        remit
        to the Group II Swap Provider any Group II Swap Optional Termination Payment
        paid as part of the Group II Mortgage Loan Purchase Price and remitted to
        the
        Group II Supplemental Interest Trust pursuant to Section 10.01.

       

      (d)  On
        or
        before each Distribution Date, Group II Net Swap Payments payable by the
        Group
        II Swap Provider pursuant to the Group II Swap Agreement to the Swap
        Administrator, on behalf of the Group II Supplemental Interest Trust Trustee,
        will be deposited by the Swap Administrator, acting on behalf of the Group
        II
        Supplemental Interest Trust Trustee, into the Group II Swap Account pursuant
        to
        the Swap Administration Agreement. The Swap Administrator shall, to the extent
        provided in the Swap Administration Agreement, remit amounts on deposit in
        the
        Group II Swap Account to the Trustee for deposit into the Group II Reserve
        Fund.
        On each Distribution Date, to the extent required, the Trustee shall withdraw
        such amounts from the Group II Reserve Fund to distribute to the Class II-A
        Certificates and Class II-M Certificates in the following order of
        priority:

       

      (i)  first,
        to each
        Class of Class II-A Certificates, on a pro
        rata
        basis,
        to pay Current Interest and any Interest Carry Forward Amount to the extent
        due
        to the interest portion of a Realized Loss, in each case to the extent not
        fully
        paid pursuant to Section 5.04(b)(1);

       

      (ii)  second,
        sequentially to the Class II-M-1, Class II-M-2, Class II-M-3, Class II-M-4,
        Class II-M-5, Class II-M-6, Class II-M-7, Class II-M-8, Class II-M-9, Class
        II-M-10 and Class II-M-11 Certificates, in that order, to pay Current Interest
        to the extent not fully paid pursuant to Section 5.04(b)(1) and any Interest
        Carry Forward Amount, in each case to the extent due to the interest portion
        of
        a Realized Loss;

       

      (iii)  third,
        to pay
        first, to each Class of Class II-A Certificates, on a pro
        rata
        basis,
        based on the amount of Basis Risk Shortfall Carry Forward Amount for each
        such
        Class, and second, sequentially to the Class II-M-1, Class II-M-2, Class
        II-M-3,
        Class II-M-4, Class II-M-5, Class II-M-6, Class II-M-7, Class II-M-8, Class
        II-M-9, Class II-M-10 and Class II-M-11 Certificates, in that order, any
        Basis
        Risk Shortfall Carry Forward Amounts for such Distribution Date;
        and

       

      (iv)  fourth,
        to pay
        as principal to the Class II-A Certificates and Class II-M Certificates to
        be
        applied as part of the Group II Extra Principal Distribution Amount payable
        under Section 5.04(b)(2) to the extent that the Group II Overcollateralization
        Amount is reduced below the Group II Overcollateralization Target Amount,
        as a
        result of Realized Losses and to the extent not paid by Excess Spread relating
        to Loan Group II pursuant to Section 5.04(b)(4) for such Distribution Date.
        For
        the avoidance of doubt, any amounts distributable pursuant to this clause
        (iv)
        shall be limited to rebuilding overcollateralization related to Loan Group
        II to
        the extent overcollateralization has been reduced through Realized Losses
        related to Loan Group II.

       

      (e)  The
        Group
        II Reserve Fund is an “outside reserve fund” within the meaning of Treasury
        Regulation Section 1.860G-2(h) and shall be an asset of the Trust Fund but
        not
        an asset of any REMIC. The Trustee on behalf of the Trust shall be the nominal
        owner of the Group II Reserve Fund. The Majority Class II-CE Certificateholder
        shall be the beneficial owner of the Group II Reserve Fund, subject to the
        power
        of the Trustee to transfer amounts under Section 5.04. Amounts in the Group
        II
        Reserve Fund shall, at the direction of the Majority Class II-CE
        Certificateholder, be invested in Permitted Investments that mature no later
        than the Business Day prior to the next succeeding Distribution Date. All
        net
        income and gain from such investments shall be distributed to the Majority
        Class
        II-CE Certificateholder, not as a distribution in respect of any interest
        in any
        REMIC, on such Distribution Date. In
        the
        absence of written instructions to the Trustee, amounts on deposit in the
        Group
        II Reserve Fund shall remain uninvested. All
        amounts earned on amounts on deposit in the Group II Reserve Fund shall be
        taxable to the Majority Class II-CE Certificateholder. Any losses on such
        investments shall be deposited in the Group II Reserve Fund by the Majority
        Class II-CE Certificateholder out of its own funds immediately as realized.
        The
        Group II Swap Account, which is created and maintained by the Swap Administrator
        pursuant to the Swap Administration Agreement, is an “outside reserve fund”
within the meaning of Treasury Regulation Section 1.860G-2(h) and shall not
        be
        an asset of any REMIC created hereunder. The beneficial owner of the Group
        II
        Swap Account is identified, and other matters relating to the Group II Swap
        Account are addressed, in the Swap Administration Agreement.

       

      (f)  The
        Trustee shall treat the Holders of Group II Certificates (other than the
        Class
        II-P, Class II-CE and Class II-R Certificates) as having entered into a notional
        principal contract with respect to the Holders of the Class II-CE Certificates.
        Pursuant to each such notional principal contract, all Holders of Group II
        Certificates (other than the Class II-P, Class II-CE and Class II-R
        Certificates) shall be treated as having agreed to pay, on each Distribution
        Date, to the Holder of the Class II-CE Certificates an aggregate amount equal
        to
        the excess, if any, of (i) the amount payable on such Distribution Date on
        the
        REMIC IV Regular Interest corresponding to such Class of Certificates over
        (ii)
        the amount payable on such Class of Certificates on such Distribution Date
        (such
        excess, a “Group II Class IO Distribution Amount”). A Group II Class IO
        Distribution Amount payable from interest collections shall be allocated
        pro
        rata
        among
        such Certificates based on the excess of, with respect to each such Certificate,
        (i) the amount of interest otherwise payable to the REMIC IV Regular Interest
        relating to such Certificate over (ii) the amount of interest payable to
        such
        Certificate at a per annum rate equal to the related Net Rate Cap, and a
        Group
        II Class IO Distribution Amount payable from principal collections shall
        be
        allocated to the most subordinate Class of Group II Certificates with an
        outstanding principal balance to the extent of such balance. In addition,
        pursuant to such notional principal contract, the Holder of the Class II-CE
        Certificates shall be treated as having agreed to pay Basis Risk Shortfall
        Carry
        Forward Amounts with respect to Loan Group II to the Holders of the Group
        II
        Certificates (other than the Class II-CE, Class II-P and Class II-R
        Certificates) in accordance with the terms of this Agreement. Any payments
        to
        the Group II Certificates from amounts deemed received in respect of this
        notional principal contract shall not be payments with respect to a Regular
        Interest in a REMIC within the meaning of Code Section 860G(a)(1). However,
        any
        payment from the Group II Certificates (other than the Class II-CE, Class
        II-P
        and Class II-R Certificates) of a Group II Class IO Distribution Amount shall
        be
        treated for tax purposes as having been received by the Holders of such
        Certificates in respect of their interests in REMIC IV and as having been
        paid
        by such Holders to the Swap Administrator pursuant to the notional principal
        contract. Thus, each Group II Certificate (other than the Class II-P
        Certificates and Class II-R Certificates) shall be treated as representing
        not
        only ownership of a Regular Interest in REMIC IV, but also ownership of an
        interest in, and obligations with respect to, a notional principal
        contract.

       

      (g) In
        the
        event that the Group II Swap Agreement is terminated prior to the Distribution
        Date in August 2011, the Group II Supplemental Interest Trust Trustee shall
        cause the Swap Administrator to use reasonable efforts to appoint a successor
        swap provider to enter into a related replacement interest rate swap agreement
        using any Group II Swap Termination Payments paid by the Group II Swap Provider
        to the Swap Administrator, on behalf of the Group II Supplemental Interest
        Trust
        Trustee, in connection with such termination. If the Swap Administrator is
        unable to obtain a replacement interest rate swap agreement within the period
        specified in the Swap Administration Agreement, any such Group II Swap
        Termination Payments shall be used by the Swap Administrator, on behalf of
        the
        Group II Supplemental Interest Trust Trustee, for payment to the Holders
        of the
        Class II-A Certificates and Class II-M Certificates or for such other purpose
        specified in the Swap Administration Agreement in accordance with the terms
        thereof.

       

      Section
        3.23  Tax
        Treatment of Class IO Distribution Amounts in the Event of Resecuritization
        of
        Class A Certificates or Class M Certificates. 

       

      In
        the
        event that any Class A Certificate or Class M Certificate is resecuritized
        in a
        REMIC (the “Resecuritization REMIC”), for federal income tax purposes, (i)
        payments on the REMIC IV Regular Interest corresponding to such Class A
        Certificate or Class M Certificate shall, for the avoidance of doubt, be
        deemed
        to include the related Class IO Distribution Amount, and (ii) to the extent
        provided in the operative documents for the Resecuritization REMIC, (a) payments
        on the “regular interests” issued by the Resecuritization REMIC shall be deemed
        to include in the aggregate such Class IO Distribution Amount, and (b) such
        Class IO Distribution Amount shall be deemed paid to the holder of the related
        Class CE Certificates pursuant to a notional principal contract entered into
        by
        the holders of one or more “regular interests” issued by the Resecuritization
        REMIC (“Resecuritization Holders”) and the Holder of the related Class CE
        Certificates. In such event, Class IO Distribution Amounts deemed paid by
        Resecuritization Holders under clause (b) of the immediately preceding sentence
        shall be paid on behalf of such holders pursuant to Section 3.21(c) hereof
        with
        respect to Loan Group I and Section 3.22(c) hereof with respect to Loan Group
        II.

       

      Section
        3.24  Advancing
        Facility. 

       

      (a)  The
        Master Servicer and/or the Trustee on behalf of the Trust Fund, in either
        case,
        with the consent of the Master Servicer in the case of the Trustee and, in
        each
        case, with notice to the Rating Agencies, is hereby authorized to enter into
        a
        facility (the “Advancing Facility”) with any Person which provides that such
        Person (an “Advancing Person”) may fund Advances and/or Servicing Advances to
        the Trust Fund under this Agreement, although no such facility shall reduce
        or
        otherwise affect the Master Servicer’s obligation to fund such Advances and/or
        Servicing Advances. If the Master Servicer enters into such an Advancing
        Facility pursuant to this Section 3.24, upon reasonable request of the Advancing
        Person, the Trustee shall execute a letter of acknowledgment, confirming
        its
        receipt of notice of the existence of such Advancing Facility. To the extent
        that an Advancing Person funds any Advance or any Servicing Advance and provides
        the Trustee with notice acknowledged by the Servicer that such Advancing
        Person
        is entitled to reimbursement, such Advancing Person shall be entitled to
        receive
        reimbursement pursuant to this Agreement for such amount to the extent provided
        in Section 3.24(b). Such notice from the Advancing Person must specify the
        amount of the reimbursement, the Section of this Agreement that permits the
        applicable Advance or Servicing Advance to be reimbursed and the section(s)
        of
        the Advancing Facility that entitle the Advancing Person to request
        reimbursement from the Trustee, rather than the Master Servicer, and include
        the
        Master Servicer’s acknowledgment thereto or proof of an Event of Default under
        the Advancing Facility. The Trustee shall have no duty or liability with
        respect
        to any calculation of any reimbursement to be paid to an Advancing Person
        and
        shall be entitled to rely without independent investigation on the Advancing
        Person’s notice provided pursuant to this Section 3.24. An Advancing Person
        whose obligations hereunder are limited to the funding of Advances and/or
        Servicing Advances shall not be required to meet the qualifications of a
        Master
        Servicer or a subservicer pursuant to Section 8.02 hereof and will not be
        deemed
        to be a subservicer under this Agreement.

       

      (b)  If
        an
        Advancing Facility is entered into, then the Master Servicer shall not be
        permitted to reimburse itself therefor under Section 4.02(a)(ii), Section
        4.02(a)(iii) and Section 4.02(a)(v) prior to the remittance to the Trust
        Fund,
        but instead the Master Servicer shall include such amounts in the applicable
        remittance to the Trustee made pursuant to Section 4.02. The Trustee is hereby
        authorized to pay to the Advancing Person, reimbursements for Advances and
        Servicing Advances from the Distribution Account to the same extent the Master
        Servicer would have been permitted to reimburse itself for such Advances
        and/or
        Servicing Advances in accordance with Section 4.02(a)(ii), Section 4.02(a)(iii)
        or Section 4.02(a)(v), as the case may be, had the Master Servicer itself
        funded
        such Advance or Servicing Advance. The Trustee is hereby authorized to pay
        directly to the Advancing Person such portion of the Servicing Fee as the
        parties to any advancing facility agree.

       

      (c)  All
        Advances and Servicing Advances made pursuant to the terms of this Agreement
        shall be deemed made and shall be reimbursed on a “first in-first out” (FIFO)
        basis.

       

      (d)  Any
        amendment to this Section 3.24 or to any other provision of this Agreement
        that
        may be necessary or appropriate to effect the terms of an Advancing Facility
        as
        described generally in this Section 3.24, including amendments to add provisions
        relating to a Successor Master Servicer, may be entered into by the Trustee
        and
        the Master Servicer without the consent of any Certificateholder,
        notwithstanding anything to the contrary in this Agreement.

       

      ARTICLE
        IV

       

      ACCOUNTS

       

      Section
        4.01  Collection
        of Mortgage Loan Payments; Protected Account. 

       

      (a)  The
        Master Servicer shall make reasonable efforts in accordance with customary
        and
        usual standards of practice of prudent mortgage lenders in the respective
        states
        in which the Mortgaged Properties are located to collect all payments called
        for
        under the terms and provisions of the Mortgage Loans to the extent such
        procedures shall be consistent with this Agreement and the terms and provisions
        of any related Required Insurance Policy. Consistent with the foregoing,
        the
        Master Servicer may in its discretion (i) waive any late payment charge and
        (ii)
        extend the due dates for payments due on a Mortgage Note for a period not
        greater than 125 days. In the event of any such arrangement, the Master Servicer
        shall make Advances on the related Mortgage Loan during the scheduled period
        in
        accordance with the amortization schedule of such Mortgage Loan without
        modification thereof by reason of such arrangements, and shall be entitled
        to
        reimbursement therefor in accordance with Section 5.01. The Master Servicer
        shall not be required to institute or join in litigation with respect to
        collection of any payment (whether under a Mortgage, Mortgage Note or otherwise
        or against any public or governmental authority with respect to a taking
        or
        condemnation) if it reasonably believes that enforcing the provision of the
        Mortgage or other instrument pursuant to which such payment is required is
        prohibited by applicable law. In
        addition, if (x) a Mortgage Loan is in default or default is reasonably
        foreseeable, the Master Servicer may also waive, modify or vary any term
        of any
        Mortgage Loan or consent to the postponement of strict compliance with any
        such
        term or in any manner grant indulgence to any mortgagor, including without
        limitation, to (1) capitalize any amounts owing on the Mortgage Loan by adding
        such amount to the outstanding principal balance of the Mortgage Loan, (2)
        defer
        such amounts to a later date or the final payment date of such Mortgage Loan,
        (3) extend the maturity of any such Mortgage Loan, but in no instance past
        the
        date on which the final payment is due on the latest maturing Mortgage Loan
        as
        of the Cut-off Date, and/or (4) reduce the related Mortgage Rate (subject
        to
        clause (y) below), provided that, in the Master Servicer’s determination, such
        waiver, modification, postponement or indulgence is not materially adverse
        to
        the interests of the Certificateholders (taking into account any estimated
        Realized Loss that might result absent such action),
        or (y)
        the Master Servicer delivers to the Trustee a certification addressed to
        the
        Trustee, based on the advice of counsel or certified public accountants,
        in
        either case, that have a national reputation with respect to taxation of
        REMICs,
        that a modification of such Mortgage Loan will not result in the imposition
        of
        taxes on or disqualify from REMIC status any of REMIC I, REMIC II, REMIC
        III,
        REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X,
        the
        Master Servicer may, (A) amend the related Mortgage Note to reduce the Mortgage
        Rate applicable thereto, provided that such reduced Mortgage Rate shall in
        no
        event be lower than 5.00% with respect to any Mortgage Loan and (B) amend
        any
        Mortgage Note to extend the maturity thereof.

       

      (b)  The
        Master Servicer shall not waive (or permit a sub-servicer to waive) any
        Prepayment Charge unless: (i) the enforceability thereof shall have been
        limited
        by bankruptcy, insolvency, moratorium, receivership and other similar laws
        relating to creditors’ rights generally, (ii) the enforcement thereof is
        illegal, or any local, state or federal agency has threatened legal action
        if
        the prepayment penalty is enforced, (iii) the mortgage debt has been accelerated
        in connection with a foreclosure or other involuntary payment or (iv) such
        waiver is standard and customary in servicing similar Mortgage Loans and
        relates
        to a default or a reasonably foreseeable default and would, in the reasonable
        judgment of the Master Servicer, maximize recovery of total proceeds taking
        into
        account the value of such Prepayment Charge and the related Mortgage Loan.
        If
        a
        Prepayment Charge is waived, but does not meet the standards described above,
        then the Master Servicer is required to pay the amount of such waived Prepayment
        Charge, for the benefit of the related Class P Certificates, by remitting
        such
        amount to the Trustee by the Distribution Account Deposit Date with respect
        to
        such Loan Group.

       

      (c)  The
        Master Servicer shall establish and maintain a Protected Account (which shall
        at
        all times be an Eligible Account) with a depository institution in the name
        of
        the Master Servicer for the benefit of the Trustee on behalf of the
        Certificateholders and designated “EMC Mortgage Corporation, as Master Servicer,
        for the benefit of LaSalle Bank National Association, in trust for registered
        Holders of Bear Stearns Asset Backed Securities I LLC, Asset-Backed
        Certificates, Series 2006-HE7”. The Master Servicer shall deposit or cause to be
        deposited into the Protected Account on a daily basis within two Business
        Days
        of receipt and identification, except as otherwise specifically provided
        herein,
        the following payments and collections remitted by subservicers or received
        by
        it in respect of the Mortgage Loans subsequent to the Cut-off Date (other
        than
        in respect of principal and interest due on the Mortgage Loans on or before
        the
        Cut-off Date) and the following amounts required to be deposited
        hereunder:

       

      (i)  with
        respect to each Loan Group, all payments on account of principal, including
        Principal Prepayments, on the Mortgage Loans;

       

      (ii)  with
        respect to each Loan Group, all payments on account of interest on the Mortgage
        Loans net of the Servicing Fee permitted under Section 3.10 and LPMI Fees,
        if
        any;

       

      (iii)  with
        respect to each Loan Group, all Liquidation Proceeds, Subsequent Recoveries
        and
        Insurance Proceeds, other than proceeds to be applied to the restoration
        or
        repair of the Mortgaged Property or released to the Mortgagor in accordance
        with
        the Master Servicer’s normal servicing procedures;

       

      (iv)  with
        respect to each Loan Group, any amount required to be deposited by the Master
        Servicer pursuant to Section 4.01(c) in connection with any losses on Permitted
        Investments;

       

      (v)  with
        respect to each Loan Group, any amounts required to be deposited by the Master
        Servicer pursuant to Section 3.05;

       

      (vi)  with
        respect to each Loan Group, any Prepayment Charges collected on the Mortgage
        Loans; and

       

      (vii)  with
        respect to each Loan Group, any other amounts required to be deposited
        hereunder.

       

      The
        foregoing requirements for remittance by the Master Servicer into the Protected
        Account shall be exclusive, it being understood and agreed that, without
        limiting the generality of the foregoing, payments in the nature of late
        payment
        charges or assumption fees, if collected, need not be remitted by the Master
        Servicer. In the event that the Master Servicer shall remit any amount with
        respect to a Loan Group not required to be remitted and not otherwise subject
        to
        withdrawal pursuant to Section 4.02, it may at any time withdraw or direct
        the
        institution maintaining the Protected Account, to withdraw such amount from
        the
        Protected Account with respect to such Loan Group, any provision herein to
        the
        contrary notwithstanding. Such withdrawal or direction may be accomplished
        by
        delivering written notice thereof to the institution maintaining the Protected
        Account, that describes the amounts deposited in error in the Protected Account.
        The Master Servicer shall maintain adequate records with respect to all
        withdrawals made pursuant to this Section. Reconciliations will be prepared
        for
        the Protected Account within 45 calendar days after the bank statement cut-off
        date. All items requiring reconciliation will be resolved within 90 calendar
        days of their original identification. All funds deposited in the Protected
        Account shall be held in trust for the related Certificateholders until
        withdrawn in accordance with Section 4.02.

       

      (d)  The
        institution that maintains the Protected Account shall invest the funds in
        the
        Protected Account, in the manner directed by the Master Servicer, in Permitted
        Investments which shall mature not later than the Remittance Date and shall
        not
        be sold or disposed of prior to its maturity. All such Permitted Investments
        shall be made in the name of the Trustee, for the benefit of the
        Certificateholders. All income and gain net of any losses realized from any
        such
        investment shall be for the benefit of the Master Servicer as servicing
        compensation and shall be remitted to it monthly as provided herein. The
        amount
        of any losses incurred in the Protected Account in respect of any such
        investments shall be deposited by the Master Servicer into the Protected
        Account, out of the Master Servicer’s own funds.

       

      (e)  The
        Master Servicer shall give at least 30 days advance notice to the Trustee,
        the
        Sellers, each Rating Agency and the Depositor of any proposed change of location
        of the Protected Account prior to any change thereof.

       

      Section
        4.02  Permitted
        Withdrawals From the Protected Account. 

       

      (a)  The
        Master Servicer may from time to time make withdrawals from the Protected
        Account with respect to the related Loan Group for the following
        purposes:

       

      (i)  to
        pay
        itself (to the extent not previously paid to or withheld by the Master
        Servicer), as servicing compensation in accordance with Section 3.10, that
        portion of any payment of interest that equals the Servicing Fee for the
        period
        with respect to which such interest payment was made, and, as additional
        servicing compensation, those other amounts set forth in Section
        3.10;

       

      (ii)  to
        reimburse the Master Servicer for Advances made by it with respect to the
        related Mortgage Loans; provided, however, that the Master Servicer’s right of
        reimbursement pursuant to this subclause (ii) shall be limited to amounts
        received on particular Mortgage Loan(s) (including, for this purpose,
        Liquidation Proceeds, Insurance Proceeds and Subsequent Recoveries) that
        represent late recoveries of payments of principal and/or interest on such
        particular Mortgage Loan(s) in respect of which any such Advance was
        made;

       

      (iii)  to
        reimburse the Master Servicer for any previously made portion of a Servicing
        Advance or an Advance made by the Master Servicer that, in the good faith
        judgment of the Master Servicer, will not be ultimately recoverable by it
        from
        the related Mortgagor, any related Liquidation Proceeds, Insurance Proceeds
        or
        otherwise (a “Nonrecoverable Advance”), to the extent not reimbursed pursuant to
        clause (ii) or clause (v);

       

      (iv)  to
        reimburse the Master Servicer from Insurance Proceeds for Insured Expenses
        covered by the related Insurance Policy;

       

      (v)  to
        pay
        the Master Servicer any unpaid Servicing Fees and to reimburse it for any
        unreimbursed Servicing Advances, provided, however, that the Master Servicer’s
        right to reimbursement for Servicing Advances pursuant to this subclause
        (v)
        with respect to any Mortgage Loan shall be limited to amounts received on
        particular Mortgage Loan(s) (including, for this purpose, Liquidation Proceeds,
        Insurance Proceeds, Subsequent Recoveries and purchase and repurchase proceeds)
        that represent late recoveries of the payments for which such Servicing Advances
        were made;

       

      (vi)  to
        pay to
        the Seller, with respect to each Mortgage Loan or property acquired in respect
        thereof that has been purchased pursuant to Section 2.02, 2.03 or 3.19 of
        this
        Agreement, all amounts received thereon and not taken into account in
        determining the related Stated Principal Balance of such repurchased Mortgage
        Loan;

       

      (vii)  to
        pay
        any expenses recoverable by the Master Servicer pursuant to Section 7.04
        of this
        Agreement;

       

      (viii)  to
        withdraw pursuant to Section 4.01 any amount deposited in the Protected Account
        and not required to be deposited therein; and

       

      (ix)  to
        clear
        and terminate the Protected Account upon termination of this Agreement pursuant
        to Section 10.01 hereof.

       

      In
        addition, no later than 10:00 a.m. Eastern time on the Distribution Account
        Deposit Date, the Master Servicer shall withdraw from the Protected Account
        and
        remit to the Trustee the amount of Interest Funds (without taking into account
        any reduction in the amount of Interest Funds attributable to the application
        of
        clause (c) of the definition thereof contained in Article I of this Agreement)
        and Principal Funds collected, to the extent on deposit, and the Trustee
        shall
        deposit such amount in the Distribution Account. In addition, on or before
        the
        Distribution Account Deposit Date, the Master Servicer shall remit to the
        Trustee for deposit in the Distribution Account any Advances or any payments
        of
        Compensating Interest required to be made by the Master Servicer with respect
        to
        the Mortgage Loans. Furthermore, on each Distribution Account Deposit Date,
        the
        Master Servicer shall remit to the Trustee all Prepayment Charges collected
        by
        the Master Servicer with respect to the Mortgage Loans during the related
        Prepayment Period.

       

      The
        Master Servicer shall keep and maintain separate accounting, on a Mortgage
        Loan
        by Mortgage Loan basis, for the purpose of justifying any withdrawal from
        the
        Protected Account pursuant to subclauses (i), (ii), (iv), (v), (vi) and (vii)
        above. Prior to making any withdrawal from the Protected Account pursuant
        to
        subclause (iii), the Master Servicer shall deliver to the Trustee an Officer’s
        Certificate of a Servicing Officer indicating the amount of any previous
        Advance
        or Servicing Advance determined by the Master Servicer to be a Nonrecoverable
        Advance and identifying the related Mortgage Loan(s), and their respective
        portions of such Nonrecoverable Advance.

       

      Section
        4.03  Collection
        of Taxes; Assessments and Similar Items; Escrow Accounts. 

       

      With
        respect to each Mortgage Loan, to the extent required by the related Mortgage
        Note, the Master Servicer shall establish and maintain one or more accounts
        (each, an “Escrow Account”) and deposit and retain therein all collections from
        the Mortgagors (or advances by the Master Servicer) for the payment of taxes,
        assessments, hazard insurance premiums or comparable items for the account
        of
        the Mortgagors. Nothing herein shall require the Master Servicer to compel
        a
        Mortgagor to establish an Escrow Account in violation of applicable
        law.

       

      Withdrawals
        of amounts so collected from the Escrow Accounts may be made only to effect
        timely payment of taxes, assessments, hazard insurance premiums, condominium
        or
        PUD association dues, or comparable items, to reimburse the Master Servicer
        out
        of related collections for any payments made with respect to each Mortgage
        Loan
        pursuant to Section 3.01 (with respect to taxes and assessments and insurance
        premiums) and Section 3.05 (with respect to hazard insurance), to refund
        to any
        Mortgagors for any Mortgage Loans any sums as may be determined to be overages,
        to pay interest, if required by law or the terms of the related Mortgage
        or
        Mortgage Note, to such Mortgagors on balances in the Escrow Account or to
        clear
        and terminate the Escrow Account at the termination of this Agreement in
        accordance with Section 10.01 thereof. The Escrow Account shall not be a
        part of
        the Trust Fund.

       

      Section
        4.04  Distribution
        Account. 

       

      (a)  The
        Trustee shall establish and maintain in the name of the Trustee, for the
        benefit
        of the Certificateholders, the Distribution Account as a segregated trust
        account or accounts.

       

      (b)  All
        amounts deposited to the Distribution Account shall be held by the Trustee
        in
        the name of the Trustee in trust for the benefit of the Certificateholders
        in
        accordance with the terms and provisions of this Agreement.

       

      (c)  The
        Distribution Account shall constitute an Eligible Account of the Trust Fund
        segregated on the books of the Trustee and held by the Trustee and the
        Distribution Account and the funds deposited therein shall not be subject
        to,
        and shall be protected from, all claims, liens, and encumbrances of any
        creditors or depositors of the Trustee (whether made directly, or indirectly
        through a liquidator or receiver of the Trustee). The amount at any time
        credited to the Distribution Account may be invested in the name of the Trustee,
        in such Permitted Investments, or deposited in demand deposits with such
        depository institutions, as determined by the Trustee. All Permitted Investments
        shall mature or be subject to redemption or withdrawal on or before, and
        shall
        be held until, the next succeeding Distribution Date if the obligor for such
        Permitted Investment is the Trustee or, if such obligor is any other Person,
        the
        Business Day preceding such Distribution Date. All investment earnings on
        amounts on deposit in the Distribution Account or benefit from funds uninvested
        therein from time to time shall be for the account of the Trustee. The Trustee
        shall be permitted to withdraw or receive distribution of any and all investment
        earnings from the Distribution Account on each Distribution Date. If there
        is
        any loss on a Permitted Investment or demand deposit, the Trustee shall deposit
        the amount of the loss from its own funds in the Distribution Account not
        later
        than the applicable Distribution Date on which the moneys so invested are
        required to be distributed to the Certificateholders. With respect to the
        Distribution Account and the funds deposited therein, the Trustee shall take
        such action as may be necessary to ensure that the Certificateholders shall
        be
        entitled to the priorities afforded to such a trust account (in addition
        to a
        claim against the estate of the Trustee) as provided by 12 U.S.C. § 92a(e), and
        applicable regulations pursuant thereto, if applicable, or any applicable
        comparable state statute applicable to state chartered banking
        corporations.

       

      Section
        4.05  Permitted
        Withdrawals and Transfers from the Distribution Account. 

       

      (a)  The
        Trustee will make or cause to be made such withdrawals or transfers from
        the
        Distribution Account for the following purposes:

       

      (i)  to
        pay to
        itself the Trustee Fee;

       

      (ii)  to
        reimburse the Trustee, Supplemental Interest Trust Trustees or the Swap
        Administrator for expenses, costs and liabilities incurred by or reimbursable
        to
        it pursuant to this Agreement;

       

      (iii)  to
        pay
        investment income to the Trustee;

       

      (iv)  to
        remove
        amounts deposited in error;

       

      (v)  with
        respect to each Loan Group, to make distributions to the Swap Administrator
        for
        payment to the related Swap Provider as provided in this Agreement;
        and

       

      (vi)  to
        clear
        and terminate the Distribution Account pursuant to Section 10.01.

       

      (b)  On
        each
        Distribution Date, the Trustee shall distribute Interest Funds with respect
        to
        each Loan Group and Principal Funds with respect to each Loan Group in the
        Distribution Account to the Holders of the Certificates in accordance with
        Section 5.04.

       

      Section
        4.06  Class
        I-P Certificate Account. 

       

      (a)  The
        Trustee shall establish and maintain in the name of the Trustee, for the
        benefit
        of the Class I-P Certificateholders, the Class I-P Certificate Account as
        a
        segregated trust account or accounts.

       

      (b)  On
        the
        Closing Date, the Depositor will deposit, or cause to be deposited in the
        Class
        I-P Certificate Account, an amount equal to $100. All amounts deposited to
        the
        Class I-P Certificate Account shall be held by the Trustee in the name of
        the
        Trustee in trust for the benefit of the Class I-P Certificateholders in
        accordance with the terms and provisions of this Agreement. The amount on
        deposit in the Class I-P Certificate Account shall be held
        uninvested.

       

      Section
        4.07  Class
        II-P Certificate Account. 

       

      (a)  The
        Trustee shall establish and maintain in the name of the Trustee, for the
        benefit
        of the Class II-P Certificateholders, the Class II-P Certificate Account
        as a
        segregated trust account or accounts.

       

      (b)  On
        the
        Closing Date, the Depositor will deposit, or cause to be deposited in the
        Class
        II-P Certificate Account, an amount equal to $100. All amounts deposited
        to the
        Class II-P Certificate Account shall be held by the Trustee in the name of
        the
        Trustee in trust for the benefit of the Class II-P Certificateholders in
        accordance with the terms and provisions of this Agreement. The amount on
        deposit in the Class II-P Certificate Account shall be held
        uninvested.

      ARTICLE
        V

      DISTRIBUTIONS
        AND ADVANCES

      Section
        5.01  Advances. 

       

      The
        Master Servicer shall, or shall cause the related subservicer pursuant to
        the
        Subservicing Agreement to, make an Advance (other than any balloon payments)
        and
        deposit such Advance in the Protected Account with respect to the related
        Loan
        Group. Each such Advance shall be remitted to the Distribution Account with
        respect to the related Loan Group no later than 10:00 a.m. Eastern time on
        the
        Distribution Account Deposit Date in immediately available funds. The Master
        Servicer shall be obligated to make any such Advance only to the extent that
        such advance would not be a Nonrecoverable Advance. If the Master Servicer
        shall
        have determined that it has made a Nonrecoverable Advance or that a proposed
        Advance or a lesser portion of such Advance would constitute a Nonrecoverable
        Advance, the Master Servicer shall deliver (i) to the Trustee for the benefit
        of
        the related Certificateholders funds constituting the remaining portion of
        such
        Advance, if applicable, and (ii) to the Depositor, each Rating Agency and
        the
        Trustee an Officer’s Certificate setting forth the basis for such determination.
        Subject to the Master Servicer’s recoverability determination, in the event that
        a subservicer fails to make a required Advance, the Master Servicer shall
        be
        required to remit the amount of such Advance to the Distribution Account
        with
        respect to the related Loan Group.

       

      In
        lieu
        of making all or a portion of such Advance from its own funds, the Master
        Servicer may (i) cause to be made an appropriate entry in its records relating
        to the Protected Account that any Amount Held for Future Distributions with
        respect to the related Loan Group has been used by the Master Servicer in
        discharge of its obligation to make any such Advance and (ii) transfer such
        funds from the Protected Account with respect to the related Loan Group to
        the
        Distribution Account. Any funds so applied and transferred shall be replaced
        by
        the Master Servicer by deposit in the Distribution Account with respect to
        the
        related Loan Group, no later than the close of business on the Business Day
        immediately preceding the Distribution Date on which such funds are required
        to
        be distributed pursuant to this Agreement.

       

      The
        Master Servicer shall be entitled to be reimbursed from the Protected Account
        with respect to the related Loan Group for all Advances of its own funds
        made
        pursuant to this Section as provided in Section 4.02. The obligation to make
        Advances with respect to any Mortgage Loan shall continue until such Mortgage
        Loan is paid in full or the related Mortgaged Property or related REO Property
        has been liquidated or until the purchase or repurchase thereof (or substitution
        therefor) from the Trust Fund pursuant to any applicable provision of this
        Agreement, except as otherwise provided in this Section 5.01.

       

      Subject
        to and in accordance with the provisions of Article VIII hereof, in the event
        the Master Servicer fails to make such Advance, then the Trustee, as Successor
        Master Servicer, or any other Successor Master Servicer appointed hereunder,
        shall be obligated to make such Advance, subject to the provisions of this
        Section 5.01.

       

      Section
        5.02  Compensating
        Interest Payments. 

       

      In
        the
        event that there is a Prepayment Interest Shortfall arising from a voluntary
        Principal Prepayment in part or in full by the Mortgagor with respect to
        any
        Mortgage Loan, the Master Servicer shall, to the extent of the Servicing
        Fee for
        such Distribution Date, deposit into the Distribution Account with respect
        to
        the related Loan Group, as a reduction of the Servicing Fee for such
        Distribution Date, no later than the close of business on the Business Day
        immediately preceding such Distribution Date, an amount equal to such Prepayment
        Interest Shortfall; and in case of such deposit, the Master Servicer shall
        not
        be entitled to any recovery or reimbursement from the Depositor, the Trustee,
        the Seller, the Trust Fund or the related Certificateholders.

       

      Section
        5.03  REMIC
        Distributions. 

       

      On
        each
        Distribution Date the Trustee shall be deemed to have allocated distributions
        to
        the REMIC I Regular Interests, REMIC II Regular Interests, REMIC III Regular
        Interests and REMIC IV Regular Interests in accordance with Section 5.07
        hereof.

       

      Section
        5.04  Distributions. 

       

      (a)  Subject
        to Section 3.21(c), on
        each
        Distribution Date, an amount equal to the Interest Funds and Principal Funds
        for
        Loan Group I for such Distribution Date shall be withdrawn by the Trustee
        from
        the Distribution Account and distributed in the following order of
        priority:

       

      (1)  Interest
        Funds in respect of Loan Group I shall be distributed in the following manner
        and order of priority:

       

      	(i)  	
              To
                the Class I-A-1, Class I-A-2 and Class I-A-3 Certificates, the Current
                Interest and any Interest Carry Forward Amount for each such Class,
                on a
                pro
                rata
                basis, based on the entitlement of each such Class;
                and

            

       

      	(ii)  	
              From
                remaining Interest Funds in respect of Loan Group I, sequentially
                to the
                Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5,
                Class
                I-M-6, Class I-M-7, Class I-M-8, Class I-M-9, Class I-M-10 and Class
                I-M-11 Certificates, in that order, the Current Interest for such
                Class.
                

            

       

      Any
        Excess Spread with respect to Loan Group I to the extent necessary to meet
        a
        level of overcollateralization equal to the Group I Overcollateralization
        Target
        Amount shall be the Group I Extra Principal Distribution Amount and will
        be
        included as part of the related Principal Distribution Amount. Any related
        Remaining Excess Spread together with any Group I Overcollateralization Release
        Amount shall be applied as Excess Cashflow with respect to Loan Group I and
        distributed pursuant to clauses (a)(3)(A) through (H) below.

       

      On
        any
        Distribution Date, any Relief Act Interest Shortfalls and any Prepayment
        Interest Shortfalls with respect to the Group I Mortgage Loans to the extent
        not
        covered by Compensating Interest will be allocated to the Group I Certificates
        as set forth in the definition of “Current Interest” herein and Section
        1.02.

       

      (2)  Principal
        Funds with respect to Loan Group I shall be distributed in the following
        manner
        and order of priority:

       

          (A)  For
        each
        Distribution Date (i) prior to the Group I Stepdown Date or (ii) on which
        a
        Group I Trigger Event is in effect:

       

      	(i)  	
              From
                the Principal Distribution Amount with respect to Loan Group I for
                such
                Distribution Date, sequentially, to the Class I-A-1, Class I-A-2
                and Class
                I-A-3 Certificates, in that order, in each case until the Certificate
                Principal Balance thereof is reduced to zero;

            

       

      	(ii)  	
              To
                the Class I-M-1 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to zero;
                

            

       

      	(iii)  	
              To
                the Class I-M-2 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(iv)  	
              To
                the Class I-M-3 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(v)  	
              To
                the Class I-M-4 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(vi)  	
              To
                the Class I-M-5 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(vii)  	
              To
                the Class I-M-6 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to zero;
                

            

       

      	(viii)  	
              To
                the Class I-M-7 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to zero;
                

            

       

      	(ix)  	
              To
                the Class I-M-8 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(x)  	
              To
                the Class I-M-9 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(xi)  	
              To
                the Class I-M-10 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to zero;
                and

            

       

      	(xii)  	
              To
                the Class I-M-11 Certificates, from any remaining Principal Funds
                in
                respect of Loan Group I for such Distribution Date, the remaining
                Principal Distribution Amount with respect to Loan Group I, until
                the
                Certificate Principal Balance thereof is reduced to
                zero.

            

       

          (B)  For
        each
        Distribution Date on or after the Group I Stepdown Date, so long as a Group
        I
        Trigger Event is not in effect:

       

      	(i)  	
              To
                the Class I-A Certificates, the Class I-A Principal Distribution
                Amount
                for such Distribution Date, sequentially to the Class I-A-1, Class
                I-A-2
                and Class I-A-3 Certificates, in that order, in each case until the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(ii)  	
              To
                the Class I-M-1 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-1 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

       

      	(iii)  	
              To
                the Class I-M-2 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-2 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

       

      	(iv)  	
              To
                the Class I-M-3 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-3 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

       

      	(v)  	
              To
                the Class I-M-4 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-4 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

       

      	(vi)  	
              To
                the Class I-M-5 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-5 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

       

      	(vii)  	
              To
                the Class I-M-6 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-6 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero; 

            

       

      	(viii)  	
              To
                the Class I-M-7 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-7 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero; 

            

       

      	(ix)  	
              To
                the Class I-M-8 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-8 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

       

      	(x)  	
              To
                the Class I-M-9 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-9 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero;

            

       

      	(xi)  	
              To
                the Class I-M-10 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-10 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero; and

            

       

      	(xii)  	
              To
                the Class I-M-11 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group I for such Distribution Date, the
                Class
                I-M-11 Principal Distribution Amount, until the Certificate Principal
                Balance thereof is reduced to zero.

            

       

      (3)  Any
        Excess Cashflow with respect to Loan Group I shall be distributed in the
        following manner and order of priority:

       

      (A)  Excess
        Cashflow with respect to Loan Group I, to the Class I-A Certificates, (a)
        first,
        any remaining Interest Carry Forward Amount for such Classes, pro
        rata,
        in
        accordance with the Interest Carry Forward Amount due with respect to each
        such
        Class,
        to the
        extent not fully paid pursuant to clause (a)(1) above
        and
        Section 3.21(d) and (b) second, any Unpaid Realized Loss Amount for such
        Classes
        for such Distribution Date, pro
        rata,
        in
        accordance with the Applied Realized Loss Amount allocated to each such
        Class;

       

      (B)  from
        any
        remaining Excess Cashflow with respect to Loan Group I, sequentially, to
        the
        Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6,
        Class I-M-7, Class I-M-8, Class I-M-9, Class I-M-10 and Class I-M-11
        Certificates, in that order, an amount equal to the Interest Carry Forward
        Amount for each such Class for such Distribution Date to the extent not fully
        paid pursuant to Section 3.21(d);

       

      (C)  from
        any
        remaining Excess Cashflow with respect to Loan Group I otherwise distributable
        to the Class I-CE Interest and the Class I-CE Certificates, to the Group
        I
        Reserve Fund, (i) first, to pay to the Classes of Class I-A Certificates,
        any
        Basis Risk Shortfall Carry Forward Amount for such Classes for such Distribution
        Date, on a pro
        rata
        basis,
        based on the amount of the Basis Risk Shortfall Carry Forward Amount for
        each
        such Class to the extent not paid pursuant to Section 3.21(d) and to the
        extent
        such amount exceeds the amounts then on deposit in the Group I Reserve Fund,
        and
        (ii) second, to maintain a balance in the Group I Reserve Fund equal to the
        Group I Reserve Fund Deposit;

       

      (D)  from
        any
        remaining Excess Cashflow with respect to Loan Group I otherwise distributable
        to the Class I-CE Interest and the Class I-CE Certificates, to the Group
        I
        Reserve Fund, (i) first, to pay to the Class I-M-1, Class I-M-2, Class I-M-3,
        Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class I-M-8, Class I-M-9,
        Class I-M-10 and Class I-M-11 Certificates, sequentially in that order, any
        Basis Risk Shortfall Carry Forward Amount for each such Class for such
        Distribution Date, if any, in each case to the extent not paid pursuant to
        Section 3.21(d) and to the extent such amount exceeds the amounts then on
        deposit in the Group I Reserve Fund, and (ii) second, to maintain a balance
        in
        the Group I Reserve Fund equal to the Group I Reserve Fund Deposit;

       

      (E)  from
        any
        remaining Excess Cashflow with respect to Loan Group I, to the Class I-A
        Certificates, on a pro
        rata
        basis,
        based on the entitlement of each such Class, and then sequentially to the
        Class
        I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class
        I-M-7, Class I-M-8, Class I-M-9, Class I-M-10 and Class I-M-11 Certificates,
        in
        that order, the amount of Relief Act Shortfalls and any Prepayment Interest
        Shortfalls allocated to such Classes of Certificates, to the extent not
        previously reimbursed;

       

      (F)  from
        any
        remaining Excess Cashflow with respect to Loan Group I, to the Swap
        Administrator for payment to the Group I Swap Provider, any Group I Swap
        Termination Payments due to a Group I Swap Provider Trigger Event owed by
        the
        Trust Fund with respect to Loan Group I (to the extent not paid by the Swap
        Administrator from any upfront payment received pursuant to any related
        replacement interest rate swap agreement that may be entered into by the
        Group I
        Supplemental Interest Trust Trustee);

       

      (G)  from
        any
        remaining Excess Cashflow with respect to Loan Group I, to the Class I-CE
        Interest and Class I-CE Certificates, an amount equal to the Class I-CE
        Distribution Amount reduced by amounts distributed in clauses (C) and (D)
        above;
        and

       

      (H)  from
        any
        remaining Excess Cashflow with respect to Loan Group I, to each of the Class
        I-R-1, Class I-R-2, Class I-R-3 and Class I-RX Certificates, based on the
        related REMIC in which such amounts remain.

       

      On
        each
        Distribution Date, all amounts with respect to Prepayment Charges with respect
        to Loan Group I shall be distributed to the Holders of the Class I-P Interest
        and the Class I-P Certificates, provided that such distributions shall not
        be in
        reduction of the principal balance thereof. On the Distribution Date immediately
        following the expiration of the latest Prepayment Charge term with respect
        to
        Loan Group I as identified on the Mortgage Loan Schedule, any amount on deposit
        in the Class I-P Certificate Account will be distributed to the Holders of
        the
        Class I-P Interest and the Class I-P Certificates in reduction of the
        Certificate Principal Balance thereof.

       

      In
        addition, notwithstanding the foregoing, on any Distribution Date after the
        Distribution Date on which the Certificate Principal Balance of a Class of
        Class
        I-A Certificates or Class I-M Certificates has been reduced to zero, that
        Class
        of Certificates will be retired and will no longer be entitled to distributions,
        including distributions in respect of Prepayment Interest Shortfalls or Basis
        Risk Shortfall Carry Forward Amounts.

       

      In
        addition, notwithstanding the foregoing clause (a)(2), to the extent a Group
        I
        Class IO Distribution Amount is payable from principal collections, Principal
        Distribution Amounts related to Loan Group I will be deemed paid to the most
        subordinate Class of Group I Regular Certificates (other than the Class I-P
        Certificates), until the Certificate Principal Balance thereof has been reduced
        to zero, and such amount will be paid pursuant to Section 3.21(f).

       

      (b)  Subject
        to Section 3.22(c), on each Distribution Date, an amount equal to the Interest
        Funds and Principal Funds for Loan Group II for such Distribution Date shall
        be
        withdrawn by the Trustee from the Distribution Account and distributed in
        the
        following order of priority:

       

      (1)  Interest
        Funds in respect of Loan Group II shall be distributed in the following manner
        and order of priority:

       

      (A)  From
        Interest Funds in respect of:

       

      	(i)  	
              Subgroup
                II-1, to the Class II-1A-1, Class II-1A-2 and Class II-1A-3 Certificates,
                the Current Interest and then any Interest Carry Forward Amount for
                each
                such Class, on a pro
                rata
                basis, based on the entitlement of each such Class;
                and

            

       

      	(ii)  	
              Subgroup
                II-2, to the Class II-2A Certificates, the Current Interest and then
                any
                Interest Carry Forward Amount for such Class;

            

       

          (B)  From
        remaining Interest Funds in respect of each Subgroup, to the unrelated Class
        II-1A Certificates and Class II-2A Certificates, as applicable, the remaining
        Current Interest, if any, and the remaining Interest Carry Forward Amount,
        if
        any, for such Classes, pro
        rata,
        based on
        the entitlement of each such Class; 

       

          (C)  From
        remaining Interest Funds in respect of Loan Group II, sequentially, to the
        Class
        II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class
        II-M-6,
        Class
        II-M-7, Class II-M-8, Class II-M-9, Class II-M-10 and Class II-M-11
        Certificates, in that order, the Current Interest for each such
        Class.

       

      Any
        Excess Spread with respect to Loan Group II to the extent necessary to meet
        a
        level of overcollateralization equal to the Group II Overcollateralization
        Target Amount shall be the Group II Extra Principal Distribution Amount and
        shall be included as part of the related Principal Distribution Amount. Any
        related Remaining Excess Spread together with any Group II Overcollateralization
        Release Amount will be applied as Excess Cashflow with respect to Loan Group
        II
        and distributed pursuant to clauses (b)(4)(A) through (H) below.

       

      On
        any
        Distribution Date, any Relief Act Interest Shortfalls and any Prepayment
        Interest Shortfalls with respect to the Group II Mortgage Loans to the extent
        not covered by Compensating Interest will be allocated to the Group II
        Certificates as set forth in the definition of “Current Interest” herein and
        Section 1.02.

       

      (2)  Principal
        Funds with respect to Loan Group II shall be distributed in the following
        manner
        and order of priority:

       

          (A)  For
        each
        Distribution Date (i) prior to the Group II Stepdown Date or (ii) on which
        a
        Group II Trigger Event is in effect:

       

      	(i)  	
              To
                the Class II-A Certificates, the related Principal Distribution Amount
                for
                such Distribution Date to be distributed as
                follows:

            

       

          (1)  from
        the
        Subgroup II-1 Principal Distribution Amount for such Distribution Date,
        sequentially to the Class II-1A-1, Class II-1A-2 and Class II-1A-3 Certificates,
        in that order, in each case until the Certificate Principal Balance thereof
        is
        reduced to zero; and

       

          (2)  from
        the
        Subgroup II-2 Principal Distribution Amount for such Distribution Date, to
        the
        Class II-2A Certificates, until the Certificate Principal Balance thereof
        is
        reduced to zero; 

       

      	(ii)  	
              To
                the Class II-M-1 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(iii)  	
              To
                the Class II-M-2 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;;

            

       

      	(iv)  	
              To
                the Class II-M-3 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;;

            

       

      	(v)  	
              To
                the Class II-M-4 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(vi)  	
              To
                the Class II-M-5 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;;

            

       

      	(vii)  	
              To
                the Class II-M-6 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to zero;;
                

            

       

      	(viii)  	
              To
                the Class II-M-7 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to zero;;
                

            

       

      	(ix)  	
              To
                the Class II-M-8 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;;

            

       

      	(x)  	
              To
                the Class II-M-9 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(xi)  	
              To
                the Class II-M-10 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, until
                the
                Certificate Principal Balance thereof is reduced to zero;
                and

            

       

      
        	 	
                     
                  (xii)

              	
                To
                  the Class II-M-11 Certificates, from any remaining Principal Distribution
                  Amount in respect of Loan Group II for such Distribution Date,
                  until the
                  Certificate Principal Balance thereof is reduced to
                  zero.

              

      

       

          (B)  For
        each
        Distribution Date on or after the Group II Stepdown Date, so long as a Group
        II
        Trigger Event is not in effect:

       

      	(i)  	
              To
                the Class II-A Certificates, the related Principal Distribution Amount
                for
                such Distribution Date to be distributed as
                follows:

            

       

          (1)  From
        the
        Subgroup II-1 Principal Distribution Amount for such Distribution Date,
        sequentially to the Class II-1A-1, Class II-1A-2 and Class II-1A-3 Certificates,
        in that order, the Class II-1A Principal Distribution Amount for such
        Distribution Date, in each case until the Certificate Principal Balance thereof
        is reduced to zero; and

       

          (2)  From
        the
        Subgroup II-2 Principal Distribution Amount for such Distribution Date, to
        the
        Class II-2A Certificates, the Class II-2A Principal Distribution Amount for
        such
        Distribution Date, until the Certificate Principal Balance thereof is reduced
        to
        zero; 

       

      	(ii)  	
              To
                the Class II-M-1 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-1 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to zero;

            

       

      	(iii)  	
              To
                the Class II-M-2 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-2 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(iv)  	
              To
                the Class II-M-3 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-3 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(v)  	
              To
                the Class II-M-4 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-4 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(vi)  	
              To
                the Class II-M-5 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-5 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(vii)  	
              To
                the Class II-M-6 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-6 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to zero;
                

            

       

      	(viii)  	
              To
                the Class II-M-7 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-7 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to zero;
                

            

       

      	(ix)  	
              To
                the Class II-M-8 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-8 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to
                zero;

            

       

      	(x)  	
              To
                the Class II-M-9 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-9 Principal Distribution Amount for such Distribution Date,
                until the
                Certificate Principal Balance thereof is reduced to zero;
                

            

       

      	(xi)  	
              To
                the Class II-M-10 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-10 Principal Distribution Amount for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to zero;
                and

            

       

      	(xii)  	
              To
                the Class II-M-11 Certificates, from any remaining Principal Distribution
                Amount in respect of Loan Group II for such Distribution Date, the
                Class
                II-M-11 Principal Distribution Amount for such Distribution Date,
                until
                the Certificate Principal Balance thereof is reduced to
                zero.

            

       

      (3)  Notwithstanding
        the provisions of clauses (2)(A) and (B) above, if on any Distribution Date
        the
        Class II-A Certificates related to a Subgroup are no longer outstanding,
        the pro
        rata portion of the related Principal Distribution Amount or the applicable
        Class II-A Principal Distribution Amount, as applicable, otherwise allocable
        to
        such Class II-A Certificates will be allocated to the Class II-A Certificates
        related to the other Subgroup in the same manner and order of priority described
        above.

       

      (4)  Any
        Excess Cashflow with respect to Loan Group II shall be distributed in the
        following manner and order of priority:

       

      (A)  Excess
        Cashflow with respect to Loan Group II, to the Class II-A Certificates, (a)
        first, any remaining Interest Carry Forward Amount for such Classes,
pro
        rata,
        in
        accordance with the Interest Carry Forward Amount due with respect to each
        such
        Class, to the extent not fully paid pursuant to clause (b)(1) above and Section
        3.22(d) and (b) second, any Unpaid Realized Loss Amount for such Classes
        for
        such Distribution Date, pro
        rata,
        in
        accordance with the Applied Realized Loss Amount allocated to each such
        Class;

       

      (B)  from
        any
        remaining Excess Cashflow with respect to Loan Group II, sequentially, to
        the
        Class II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class
        II-M-6, Class II-M-7, Class II-M-8, Class II-M-9, Class II-M-10 and Class
        II-M-11 Certificates, in that order, an amount equal to the Interest Carry
        Forward Amount for each such Class for such Distribution Date to the extent
        not
        fully paid pursuant to Section 3.22(d);

       

      (C)  from
        any
        remaining Excess Cashflow with respect to Loan Group II otherwise distributable
        to the Class II-CE Interest and the Class II-CE Certificates, to the Group
        II
        Reserve Fund, (i) first, to pay to the Classes of Class II-A Certificates,
        any
        Basis Risk Shortfall Carry Forward Amount for such Classes for such Distribution
        Date, on a pro
        rata
        basis,
        based on the amount of the Basis Risk Shortfall Carry Forward Amount for
        each
        such Class and to the extent not paid pursuant to Section 3.22(d) and to
        the
        extent such amount exceeds the amounts then on deposit in the Group II Reserve
        Fund, and (ii) second, to maintain a balance in the Group II Reserve Fund
        equal
        to the Group II Reserve Fund Deposit;

       

      (D)  from
        any
        remaining Excess Cashflow with respect to Loan Group II otherwise distributable
        to the Class II-CE Interest and the Class II-CE Certificates, to the Group
        II
        Reserve Fund, (i) first, to pay to the Class II-M-1, Class II-M-2, Class
        II-M-3,
        Class II-M-4, Class II-M-5, Class II-M-6, Class II-M-7, Class II-M-8, Class
        II-M-9, Class II-M-10 and Class II-M-11 Certificates, sequentially in that
        order, any Basis Risk Shortfall Carry Forward Amount for each such Class
        for
        such Distribution Date, if any, in each case to the extent not paid pursuant
        to
        Section 3.22(d) and to the extent such amount exceeds the amounts then on
        deposit in the Group II Reserve Fund, and (ii) second, to maintain a balance
        in
        the Group II Reserve Fund equal to the Group II Reserve Fund
        Deposit;

       

      (E)  from
        any
        remaining Excess Cashflow with respect to Loan Group II, to the Class II-A
        Certificates, on a pro
        rata
        basis,
        based on the entitlement of each such Class, and then sequentially to the
        Class
        II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6,
        Class II-M-7, Class II-M-8, Class II-M-9, Class II-M-10 and Class II-M-11
        Certificates, in that order, the amount of Relief Act Shortfalls and any
        Prepayment Interest Shortfalls allocated to such Classes of Certificates,
        to the
        extent not previously reimbursed;

       

      (F)  from
        any
        remaining Excess Cashflow with respect to Loan Group II, to the Swap
        Administrator for payment to the Group II Swap Provider, any Group II Swap
        Termination Payments due to a Group II Swap Provider Trigger Event owed by
        the
        Trust Fund with respect to Loan Group II (to the extent not paid by the Swap
        Administrator from any upfront payment received pursuant to any related
        replacement interest rate swap agreement that may be entered into by the
        Group
        II Supplemental Interest Trust Trustee);

       

      (G)  from
        any
        remaining Excess Cashflow with respect to Loan Group II, to the Class II-CE
        Interest and Class II-CE Certificates, an amount equal to the Class II-CE
        Distribution Amount reduced by amounts distributed in clauses (C) and (D)
        above;
        and

       

      (H)  from
        any
        remaining Excess Cashflow with respect to Loan Group II, to each of the Class
        II-R-1, Class I-R-2, Class I-R-3 and Class II-RX Certificates, based on the
        related REMIC in which such amounts remain.

       

      On
        each
        Distribution Date, all amounts with respect to Prepayment Charges with respect
        to Loan Group II shall be distributed to the Holders of the Class II-P Interest
        and the Class II-P Certificates, provided that such distributions shall not
        be
        in reduction of the principal balance thereof. On the Distribution Date
        immediately following the expiration of the latest Prepayment Charge term
        with
        respect to Loan Group II as identified on the Mortgage Loan Schedule, any
        amount
        on deposit in the Class II-P Certificate Account will be distributed to the
        Holders of the Class II-P Interest and the Class II-P Certificates in reduction
        of the Certificate Principal Balance thereof.

       

      In
        addition, notwithstanding the foregoing, on any Distribution Date after the
        Distribution Date on which the Certificate Principal Balance of a Class of
        Class
        II-A Certificates or Class II-M Certificates has been reduced to zero, that
        Class of Certificates will be retired and will no longer be entitled to
        distributions, including distributions in respect of Prepayment Interest
        Shortfalls or Basis Risk Shortfall Carry Forward Amounts.

       

      In
        addition, notwithstanding the foregoing clause (b)(2), to the extent a Group
        II
        Class IO Distribution Amount is payable from principal collections, Principal
        Distribution Amounts related to Loan Group II will be deemed paid to the
        most
        subordinate Class of Group II Regular Certificates (other than the Class
        II-P
        Certificates), until the Certificate Principal Balance thereof has been reduced
        to zero, and such amount will be paid pursuant to Section 3.22(f).

       

      (c)  In
        addition to the foregoing distributions, with respect to any Subsequent
        Recoveries, the Master Servicer shall deposit such funds into the Protected
        Account pursuant to Section 4.01(b)(iii). If, after taking into account such
        Subsequent Recoveries, the amount of a Realized Loss is reduced, the amount
        of
        such Subsequent Recoveries will be applied to increase the Certificate Principal
        Balance of the Class of Certificates with the highest payment priority to
        which
        Realized Losses have been allocated, but not by more than the amount of Realized
        Losses previously allocated to that Class of Certificates pursuant to Section
        5.05; provided, however, to the extent that no reductions to a Certificate
        Principal Balance of any Class of Certificates currently exists as the result
        of
        a prior allocation of a Realized Loss, such Subsequent Recoveries will be
        applied as Excess Spread. The amount of any remaining Subsequent Recoveries
        will
        be applied to increase the Certificate Principal Balance of the Class of
        Certificates with the next highest payment priority, up to the amount of
        such
        Realized Losses previously allocated to that Class of Certificates pursuant
        to
        Section 5.05, and so on. Holders of such Certificates will not be entitled
        to
        any payment in respect of Current Interest on the amount of such increases
        for
        any Accrual Period preceding the Distribution Date on which such increase
        occurs. Any such increases shall be applied to the Certificate Principal
        Balance
        of each Certificate of such Class in accordance with its respective Percentage
        Interest.

       

      (d)  Subject
        to Section 10.02 hereof respecting the final distribution, on each Distribution
        Date the Trustee shall make distributions to each Certificateholder of record
        on
        the preceding Record Date either by wire transfer in immediately available
        funds
        to the account of such Holder at a bank or other entity having appropriate
        facilities therefor, if such Holder has so notified the Trustee at least
        5
        Business Days prior to the related Record Date, or, if not, by check mailed
        by
        first class mail to such Certificateholder at the address of such Holder
        appearing in the Certificate Register. Notwithstanding the foregoing, but
        subject to Section 10.02 hereof respecting the final distribution, distributions
        with respect to Certificates registered in the name of a Depository shall
        be
        made to such Depository in immediately available funds.

       

      (e)  On
        or
        before 5:00 p.m. Eastern time on the fifth Business Day immediately preceding
        each Distribution Date, the Master Servicer shall deliver a report to the
        Trustee in electronic form (or by such other means as the Master Servicer
        and
        the Trustee may agree from time to time) containing such data and information,
        as agreed to by the Master Servicer and the Trustee such as to permit the
        Trustee to prepare the Monthly Statement to Certificateholders and to make
        the
        required distributions for the related Distribution Date.

       

      Section
        5.05  Allocation
        of Realized Losses. 

       

      (a)  All
        Realized Losses on the Group I Mortgage Loans allocated to any REMIC III
        Group I
        Regular Interest pursuant to Section 5.05(c) shall be allocated by the Trustee
        on each Distribution Date as follows: first, to Excess Spread with respect
        to
        Loan Group I as part of the payment in respect of the Group I Extra Principal
        Distribution Amount for such Distribution Date; second, to the Class I-CE
        Interest and Class I-CE Certificates, until the Certificate Principal Balance
        or
        Uncertificated Principal Balance thereof, as applicable, has been reduced
        to
        zero; third, to the Class I-M-11 Certificates, until the Certificate Principal
        Balance thereof has been reduced to zero; fourth, to the Class I-M-10
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; fifth, to the Class I-M-9 Certificates, until the Certificate Principal
        Balance thereof has been reduced to zero; sixth, to the Class I-M-8
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; seventh, to the Class I-M-7 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; eighth, to the Class
        I-M-6
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; ninth, to the Class I-M-5 Certificates, until the Certificate Principal
        Balance thereof has been reduced to zero; tenth, to the Class I-M-4
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; eleventh, to the Class I-M-3 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; twelfth, to the Class
        I-M-2
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; thirteenth, to the Class I-M-1 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; and fourteenth, to the
        Class
        or Classes of Class I-A Certificates, on a pro
        rata
        basis,
        until the Certificate Principal Balances thereof have been reduced to zero.
        All
        Realized Losses on the Group II Mortgage Loans allocated to any REMIC III
        Group
        II Regular Interest pursuant to Section 5.05(d) shall be allocated by the
        Trustee on each Distribution Date as follows: first, to Excess Spread with
        respect to Loan Group II as part of the payment in respect of the Group II
        Extra
        Principal Distribution Amount for such Distribution Date; second, to the
        Class
        II-CE Interest and Class II-CE Certificates, until the Certificate Principal
        Balance or Uncertificated Principal Balance thereof, as applicable, has been
        reduced to zero; third, to the Class II-M-11 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; fourth, to the Class
        II-M-10
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; fifth, to the Class II-M-9 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; sixth, to the Class II-M-8
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; seventh, to the Class II-M-7 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; eighth, to the Class
        II-M-6
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; ninth, to the Class II-M-5 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; tenth, to the Class II-M-4
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; eleventh, to the Class II-M-3 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; twelfth, to the Class
        II-M-2
        Certificates, until the Certificate Principal Balance thereof has been reduced
        to zero; thirteenth, to the Class II-M-1 Certificates, until the Certificate
        Principal Balance thereof has been reduced to zero; fourteenth, to the related
        Class or Classes of Class II-A Certificates, on a pro
        rata
        basis,
        until the Certificate Principal Balances thereof have been reduced to zero;
        and
        fifteenth, to the unrelated Class or Classes of Class II-A Certificates,
        on a
pro
        rata
        basis,
        until the Certificate Principal Balances thereof have been reduced to zero.
        All
        Realized Losses to be allocated to the Certificate Principal Balances of
        all
        Classes on any Distribution Date shall be so allocated after the actual
        distributions to be made on such date as provided above. All references above
        to
        the Certificate Principal Balance of any Class of Certificates shall be to
        the
        Certificate Principal Balance of such Class immediately prior to the relevant
        Distribution Date, before reduction thereof by any Realized Losses, in each
        case
        to be allocated to such Class of Certificates, on such Distribution
        Date.

       

      (b)  Any
        allocation of Realized Losses to a Class of Certificates or to a Class CE
        Interest on any Distribution Date shall be made by reducing the Certificate
        Principal Balance or Uncertificated Principal Balance thereof by the amount
        so
        allocated; any allocation of Realized Losses to Excess Spread shall be made
        by
        reducing the amount otherwise payable in respect of the related Class CE
        Interest and the related Class CE Certificates pursuant to clause (G) of
        Section
        5.04(a)(3) or clause (G) of 5.04(b)(4),
        as
        applicable. No allocations of any Realized Losses shall be made to the
        Certificate Principal Balance or Uncertificated Principal Balance, as
        applicable, of the Class P Interests and the Class P Certificates.

       

      Notwithstanding
        the foregoing, no such allocation of any Realized Loss shall be made on a
        Distribution Date to any Class of Certificates to the extent that such
        allocation would result in the reduction of the aggregate Certificate Principal
        Balance of all the related Certificates as of such Distribution Date (other
        than
        the related Class CE Certificates and related Class P Certificates), after
        giving effect to all distributions and prior allocations of Realized Losses
        on
        the Mortgage Loans on such date, to an amount less than the aggregate Stated
        Principal Balance of all of the related Mortgage Loans as of the first day
        of
        the month of such Distribution Date (such limitation, the “Loss Allocation
        Limitation”). In addition in no event will the Certificate Principal Balance of
        any Certificate be reduced more than once in respect of any particular amount
        both (i) allocable to such Certificate in respect of Realized Losses and
        (ii)
        payable as principal to the Holder of such Certificate from Remaining Excess
        Spread.

       

      As
        used
        herein, an allocation of a Realized Loss on a “pro
        rata
        basis”
among two or more specified Classes of Certificates means an allocation on
        a
pro
        rata
        basis,
        among the various Classes so specified, to each such Class of Certificates
        on
        the basis of their then outstanding Certificate Principal Balances prior
        to
        giving effect to distributions to be made on such Distribution Date. All
        Realized Losses and all other losses allocated to a Class of Certificates
        hereunder will be allocated among the Certificates of such Class in proportion
        to the Percentage Interests evidenced thereby.

       

      (c)  (i)All
        Realized Losses on the Group I Mortgage Loans shall be allocated on each
        Distribution Date to REMIC I Regular Interest I-1-A through REMIC I Regular
        Interest I-60-B, starting with the lowest numerical denomination, until the
        Uncertificated Principal Balance of each such REMIC I Regular Interest has
        been
        reduced to zero; provided that, for REMIC I Regular Interests with the same
        numerical denomination, such Realized Losses shall be allocated pro
        rata
        between
        such REMIC I Regular Interests. 

       

      (ii) All
        Realized Losses on the Group I Mortgage Loans shall be allocated by the Trustee
        on each Distribution Date to the following REMIC III Group I Regular Interests
        in the following specified percentages: first, to Uncertificated Accrued
        Interest payable to REMIC III Regular Interest I-AA and REMIC III Regular
        Interest I-ZZ up to an aggregate amount equal to the REMIC III Group I Interest
        Loss Allocation Amount (without duplication of shortfalls allocated pursuant
        to
        Section 1.02), 98.00% and 2.00%, respectively; second, to the Uncertificated
        Principal Balances of REMIC III Regular Interest I-AA and REMIC III Regular
        Interest I-ZZ up to an aggregate amount equal to the REMIC III Group I Principal
        Loss Allocation Amount, 98.00% and 2.00%, respectively; third, to the
        Uncertificated Principal Balances of REMIC III Regular Interest I-AA, REMIC
        III
        Regular Interest I-M-11 and REMIC III Regular Interest I-ZZ, 98.00%, 1.00%
        and
        1.00%, respectively, until the Uncertificated Principal Balance of REMIC
        III
        Regular Interest I-M-11 has been reduced to zero; fourth, to the Uncertificated
        Principal Balances of REMIC III Regular Interest I-AA, REMIC III Regular
        Interest I-M-10 and REMIC III Regular Interest I-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest I-M-10 has been reduced to zero; fifth, to the Uncertificated Principal
        Balances of REMIC III Regular Interest I-AA, REMIC III Regular Interest I-M-9
        and REMIC III Regular Interest I-ZZ, 98.00%, 1.00% and 1.00%, respectively,
        until the Uncertificated Principal Balance of REMIC III Regular Interest
        I-M-9
        has been reduced to zero; sixth, to the Uncertificated Principal Balances
        of
        REMIC III Regular Interest I-AA, REMIC III Regular Interest I-M-8 and REMIC
        III
        Regular Interest I-ZZ, 98.00%, 1.00% and 1.00%, respectively, until the
        Uncertificated Principal Balance of REMIC III Regular Interest I-M-8 has
        been
        reduced to zero; seventh, to the Uncertificated Principal Balances of REMIC
        III
        Regular Interest I-AA, REMIC III Regular Interest I-M-7 and REMIC III Regular
        Interest I-ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated
        Principal Balance of REMIC III Regular Interest I-M-7 has been reduced to
        zero;
        eighth, to the Uncertificated Principal Balances of REMIC III Regular Interest
        I-AA, REMIC III Regular Interest I-M-6 and REMIC III Regular Interest I-ZZ,
        98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal
        Balance of REMIC III Regular Interest I-M-6 has been reduced to zero; ninth,
        to
        the Uncertificated Principal Balances of REMIC III Regular Interest I-AA,
        REMIC
        III Regular Interest I-M-5 and REMIC III Regular Interest I-ZZ, 98.00%, 1.00%
        and 1.00%, respectively, until the Uncertificated Principal Balance of REMIC
        III
        Regular Interest I-M-5 has been reduced to zero; tenth, to the Uncertificated
        Principal Balances of REMIC III Regular Interest I-AA, REMIC III Regular
        Interest I-M-4 and REMIC III Regular Interest I-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest I-M-4 has been reduced to zero; eleventh, to the Uncertificated
        Principal Balances of REMIC III Regular Interest I-AA, REMIC III Regular
        Interest I-M-3 and REMIC III Regular Interest I-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest I-M-3 has been reduced to zero; twelfth, to the Uncertificated
        Principal Balances of REMIC III Regular Interest I-AA, REMIC III Regular
        Interest I-M-2 and REMIC III Regular Interest I-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest I-M-2 has been reduced to zero; thirteenth, to the Uncertificated
        Principal Balances of REMIC III Regular Interest I-AA, REMIC III Regular
        Interest I-M-1 and REMIC III Regular Interest I-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest I-M-1 has been reduced to zero; and fourteenth, to the Uncertificated
        Principal Balance of REMIC III Regular Interest I-AA, 98.00%, to the
        Uncertificated Principal Balances of REMIC III Regular Interests I-A-1, I-A-2
        and I-A-3, 1.00% pro
        rata,
        and to
        the Uncertificated Principal Balance of REMIC III Regular Interest I-ZZ,
        1.00%,
        until the Uncertificated Principal Balances of such REMIC III Regular Interests
        I-A-1, I-A-2 and I-A-3 have been reduced to zero.

       

      (d)  (i)All
        Realized Losses on the Group II Mortgage Loans in Subgroup II-2 shall be
        allocated on each Distribution Date to REMIC II Regular Interest I-1-A through
        REMIC II Regular Interest I-60-B, starting with the lowest numerical
        denomination, until the Uncertificated Principal Balance of each such REMIC
        II
        Group I Regular Interest has been reduced to zero; provided that, for REMIC
        II
        Group I Regular Interests with the same numerical denomination, such Realized
        Losses shall be allocated pro
        rata
        between
        such REMIC II Group I Regular Interests. All Realized Losses on the Group
        II
        Mortgage Loans in Subgroup II-2 shall be allocated on each Distribution Date
        to
        REMIC II Regular Interest II-1-A through REMIC II Regular Interest II-60-B,
        starting with the lowest numerical denomination, until the Uncertificated
        Principal Balance of each such REMIC II Group II Regular Interest has been
        reduced to zero; provided that, for REMIC II Group II Regular Interests with
        the
        same numerical denomination, such Realized Losses shall be allocated
pro
        rata
        between
        such REMIC II Group II Regular Interests 

       

      (ii) (A) The
        REMIC
        III Group II Marker Allocation Percentage of all Realized Losses on the Group
        II
        Mortgage Loans shall be allocated by the Trustee on each Distribution Date
        to
        the following REMIC III Group II Regular Interests in the following specified
        percentages: first, to Uncertificated Accrued Interest payable to REMIC III
        Regular Interest II-AA and REMIC III Regular Interest II-ZZ up to an aggregate
        amount equal to the REMIC III Group II Interest Loss Allocation Amount (without
        duplication of shortfalls allocated pursuant to Section 1.02), 98.00% and
        2.00%,
        respectively; second, to the Uncertificated Principal Balances of REMIC III
        Regular Interest II-AA and REMIC III Regular Interest II-ZZ up to an aggregate
        amount equal to the REMIC III Group II Principal Loss Allocation Amount,
        98.00%
        and 2.00%, respectively; third, to the Uncertificated Principal Balances
        of
        REMIC III Regular Interest II-AA, REMIC III Regular Interest II-M-11 and
        REMIC
        III Regular Interest II-ZZ,
        98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal
        Balance of REMIC III Regular Interest II-M-11 has been reduced to zero; fourth,
        to the Uncertificated Principal Balances of REMIC III Regular Interest II-AA,
        REMIC III Regular Interest II-M-10 and REMIC III Regular Interest II-ZZ,
        98.00%,
        1.00% and 1.00%, respectively, until the Uncertificated Principal Balance
        of
        REMIC III Regular Interest II-M-10 has been reduced to zero; fifth, to the
        Uncertificated Principal Balances of REMIC III Regular Interest II-AA, REMIC
        III
        Regular Interest II-M-9 and REMIC III Regular Interest II-ZZ, 98.00%, 1.00%
        and
        1.00%, respectively, until the Uncertificated Principal Balance of REMIC
        III
        Regular Interest II-M-9 has been reduced to zero; sixth, to the Uncertificated
        Principal Balances of REMIC III Regular Interest II-AA, REMIC III Regular
        Interest II-M-8 and REMIC III Regular Interest II-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest II-M-8 has been reduced to zero; seventh, to the Uncertificated
        Principal Balances of REMIC III Regular Interest II-AA, REMIC III Regular
        Interest II-M-7 and REMIC III Regular Interest II-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest II-M-7 has been reduced to zero; eighth, to the Uncertificated
        Principal Balances of REMIC III Regular Interest II-AA, REMIC III Regular
        Interest II-M-6 and REMIC III Regular Interest II-ZZ, 98.00%, 1.00% and 1.00%,
        respectively, until the Uncertificated Principal Balance of REMIC III Regular
        Interest II-M-6 has been reduced to zero; ninth, to the Uncertificated Principal
        Balances of REMIC III Regular Interest II-AA, REMIC III Regular Interest
        II-M-5
        and REMIC III Regular Interest II-ZZ, 98.00%, 1.00% and 1.00%, respectively,
        until the Uncertificated Principal Balance of REMIC III Regular Interest
        II-M-5
        has been reduced to zero; tenth, to the Uncertificated Principal Balances
        of
        REMIC III Regular Interest II-AA, REMIC III Regular Interest II-M-4 and REMIC
        III Regular Interest II-ZZ, 98.00%, 1.00% and 1.00%, respectively, until
        the
        Uncertificated Principal Balance of REMIC III Regular Interest II-M-4 has
        been
        reduced to zero; eleventh, to the Uncertificated Principal Balances of REMIC
        III
        Regular Interest II-AA, REMIC III Regular Interest II-M-3 and REMIC III Regular
        Interest II-ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated
        Principal Balance of REMIC III Regular Interest II-M-3 has been reduced to
        zero;
        twelfth, to the Uncertificated Principal Balances of REMIC III Regular Interest
        II-AA, REMIC III Regular Interest II-M-2 and REMIC III Regular Interest II-ZZ,
        98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal
        Balance of REMIC III Regular Interest II-M-2 has been reduced to zero;
        thirteenth, to the Uncertificated Principal Balances of REMIC III Regular
        Interest II-AA, REMIC III Regular Interest II-M-1 and REMIC III Regular Interest
        II-ZZ, 98.00%, 1.00% and 1.00%, respectively, until the Uncertificated Principal
        Balance of REMIC III Regular Interest II-M-1 has been reduced to zero;
        fourteenth, to the Uncertificated Principal Balance of REMIC III Regular
        Interest II-AA, 98.00%, to the Uncertificated Principal Balances of the related
        REMIC III Regular Interests II-1A-1, II-1A-2, II-1A-3 and II-2A, 1.00%
pro
        rata,
        and to
        the Uncertificated Principal Balance of REMIC III Regular Interest II-ZZ,
        1.00%,
        until the Uncertificated Principal Balances of such REMIC III Regular Interests
        II-1A-1, II-1A-2, II-1A-3 and II-2A have been reduced to zero; and fifteenth,
        to
        the Uncertificated Principal Balance of REMIC III Regular Interest II-AA,
        98.00%, to the Uncertificated Principal Balances of the unrelated REMIC III
        Regular Interests II-1A-1, II-1A-2, II-1A-3 and II-2A, 1.00% pro
        rata,
        and to
        the Uncertificated Principal Balance of REMIC III Regular Interest II-ZZ, 1.00%,
        until the Uncertificated Principal Balances of such REMIC III Regular Interests
        II-1A-1, II-1A-2, II-1A-3 and II-2A have been reduced to zero.

       

      (B) The
        REMIC
        III Group II Sub WAC Allocation Percentage of all Realized Losses on the
        Group
        II Mortgage Loans shall be allocated by the Trustee on each Distribution
        Date
        after all distributions have been made on each Distribution Date first, so
        as to
        keep the Uncertificated Principal Balance of each REMIC III Group II Regular
        Interest ending with the designation “Grp” equal to 0.01% of the aggregate
        Stated Principal Balance of the Group II Mortgage Loans in the related Subgroup;
        second, to each REMIC III Group II Regular Interest ending with the designation
        “Sub”, so that the Uncertificated Principal Balance of each such REMIC III Group
        II Regular Interest is equal to 0.01% of the excess of (x) the aggregate
        Stated
        Principal Balance of the Group II Mortgage Loans in the related Subgroup
        over
        (y) the current aggregate Certificate Principal Balance of the Class II-A
        Certificates related to such Subgroup (except that if any such excess is
        a
        larger number than in the preceding distribution period, the least amount
        of
        Realized Losses shall be applied to such REMIC III Group II Regular Interests
        such that the REMIC III Group II Subordinated Balance Ratio is maintained);
        and
        third, to REMIC III Regular Interest II-XX.

       

      Section
        5.06  Monthly
        Statements to Certificateholders. 

       

      (a)  Not
        later
        than each Distribution Date, the Trustee shall prepare and make available
        to
        each Holder of Certificates, the Master Servicer, the Swap Providers and
        the
        Depositor a statement setting forth for the Certificates:

       

      (i)  the
        applicable record dates, accrual periods, determination dates for calculating
        distributions and general Distribution Dates;

       

      (ii)  with
        respect to each Loan Group, the total cash flows received and the general
        sources thereof;

       

      (iii)  the
        amount, if any, of fees or expenses accrued and paid, with an identification
        of
        the payee and the general purpose of such fees including the related amount
        of
        the Servicing Fees paid to or retained by the Master Servicer for the related
        Due Period;

       

      (iv)  with
        respect to each Loan Group, the amount of any related Net Swap Payment payable
        to the related Sub-Trust with respect to the related Loan Group, any related
        Net
        Swap Payment payable to the related Swap Provider, any related Swap Termination
        Payment payable to the related Sub-Trust with respect to the related Loan
        Group
        and any related Swap Termination Payment payable to the related Swap
        Provider;

       

      (v)  with
        respect to each Loan Group, the amount of the related distribution to Holders
        of
        the Class A Certificates and Class M Certificates (by Class) allocable to
        principal, separately identifying (A) the aggregate amount of any Principal
        Prepayments included therein, (B) the aggregate of all scheduled payments
        of
        principal included therein and (C) the Extra Principal Distribution Amount
        (if
        any);

       

      (vi)  with
        respect to each Loan Group, the amount of such distribution to Holders of
        each
        Class of Class A Certificates and Class M Certificates allocable to interest
        and
        the portion thereof, if any, provided by the related Swap Agreement and the
        amount of coverage remaining under either credit enhancement;

       

      (vii)  with
        respect to each Loan Group, the Interest Carry Forward Amounts and any Basis
        Risk Shortfall Carry Forward Amounts for each Class of Certificates (if
        any);

       

      (viii)  the
        Pass-Through Rate for each Class of Class A Certificates and Class M
        Certificates with respect to the current Accrual Period, and, if applicable,
        whether such Pass-Through Rate was limited by the related Net Rate
        Cap;

       

      (ix)  with
        respect to each Loan Group, the number and aggregate Stated Principal Balance
        of
        all of the Mortgage Loans for the following Distribution Date, together with
        updated pool composition information including the following: weighted average
        mortgage rate and weighted average remaining term;

       

      (x)  the
        Certificate Principal Balance of the Class A Certificates and Class M
        Certificates before and after giving effect (i) to all distributions allocable
        to principal on such Distribution Date with respect to each Loan Group and
        (ii)
        the allocation of any Applied Realized Loss Amounts with respect to each
        Loan
        Group for such Distribution Date;

       

      (xi)  the
        number and aggregate Stated Principal Balance of the Mortgage Loans in each
        Loan
        Group (A) Delinquent (exclusive of Mortgage Loans in foreclosure and bankruptcy)
        (1) 30 days Delinquent, (2) 60 days Delinquent and (3) 90 days or more
        Delinquent, (B) in foreclosure and delinquent (1) 30 days Delinquent, (2)
        60
        days Delinquent and (3) 90 days or more Delinquent and (C) in bankruptcy
        and
        delinquent (1) 30 days Delinquent, (2) 60 days Delinquent and (3) 90 days
        or
        more Delinquent, in each case as of the close of business on the last day
        of the
        calendar month preceding such Distribution Date and separately identifying
        such
        information for the (1) first lien Mortgage Loans, (2) second lien Mortgage
        Loans, and (3) Adjustable Rate Mortgage Loans, in each such Loan
        Group;

       

      (xii)  with
        respect to each Loan Group, the amount of aggregate Advances included in
        the
        distribution on such Distribution Date (including the general purpose of
        such
        Advances), the aggregate amount of unreimbursed Advances as of the end of
        the
        Due Period, and the general source of funds for reimbursements;

       

      (xiii)  with
        respect to each Loan Group, the amount, if any, of excess cashflow or excess
        spread and the application of such excess cashflow;

       

      (xiv)  with
        respect to each Loan Group, the cumulative Realized Losses through the end
        of
        the preceding month;

       

      (xv)  with
        respect to each Loan Group, if applicable, material modifications, extensions
        or
        waivers to Mortgage Loan terms, fees, penalties or payments during the preceding
        calendar month or that have become material over time;

       

      (xvi)  with
        respect to any Mortgage Loan that was liquidated during the preceding calendar
        month, the aggregate Stated Principal Balance of, and Realized Loss on, such
        Mortgage Loans as of the close of business on the Due Period preceding such
        Distribution Date;

       

      (xvii)  with
        respect to each Loan Group, the total number and principal balance of any
        real
        estate owned or REO Properties as of the as of the end of the related Due
        Period;

       

      (xviii)  with
        respect to each loan group, material breaches of pool asset representation
        or
        warranties or transaction covenants;

       

      (xix)  with
        respect to each Loan Group, the three month rolling average of the percent
        equivalent of a fraction, the numerator of which is the aggregate Stated
        Principal Balance of the Mortgage Loans in such Loan Group that are 60 days
        or
        more delinquent or are in bankruptcy or foreclosure or are REO Properties,
        and
        the denominator of which is the aggregate Stated Principal Balance of all
        of the
        Mortgage Loans and separately identifying such information for the (1) first
        lien Mortgage Loans, and (2) Adjustable Rate Mortgage Loans, in each case
        as of
        the end of the Prepayment Period;

       

      (xx)  whether
        a
        Group I Trigger Event or a Group II Trigger Event exists; 

       

      (xxi)  the
        amount of the distribution made on such Distribution Date to the Holders
        of the
        Class I-P Certificates and Class II-P Certificates allocable to Prepayment
        Charges; 

       

      (xxii)  with
        respect to each Loan Group, information on loss, delinquency or other tests
        used
        for determining early amortization, liquidation, stepdowns or other performance
        triggers and whether the trigger was met;

       

      (xxiii)  the
        amount of the Prepayment Charges remitted by the Master Servicer and the
        amount
        on deposit in the Group I Reserve Fund and Group II Reserve Fund;

       

      (xxiv)  with
        respect to each Loan Group, updated pool composition data including the
        following: weighted average mortgage rate and weighted average remaining
        term;

       

      (xxv)  with
        respect to each Loan Group, information regarding any new issuance of securities
        backed by the same asset pool, any pool asset changes, such as additions
        or
        removals of Mortgage Loans from the Trust Fund, if applicable; and

       

      (xxvi)  with
        respect to each Loan Group, any material changes in the solicitation,
        credit-granting, underwriting, origination, acquisition or Mortgage Loan
        selection criteria or procedures, as applicable, used to originate, acquire
        or
        select Mortgage Loans for the Trust Fund.

       

      The
        Depositor covenants that if there is a material change in the solicitation,
        credit-granting, underwriting, origination, acquisition or Mortgage Loan
        selection criteria or procedures, as applicable, used to originate, acquire
        or
        select Mortgage Loans for the Trust Fund that it will notify the Trustee
        five
        calendar days before each Distribution Date, and if no such notification
        occurs,
        the Trustee has no obligation to report with respect to (xxvi). The Depositor
        covenants to the Trustee that there will be no new issuance of securities
        backed
        by the same asset pool, so the Trustee will only be responsible in (xxv)
        above
        for reporting any pool asset changes, such as additions or removals of Mortgage
        Loans from the Trust Fund.

       

      The
        Trustee may make the foregoing Monthly Statement (and, at its option, any
        additional files containing the same information in an alternative format)
        available each month to Certificateholders via the Trustee’s internet website.
        The Trustee’s internet website shall initially be located at “www.etrustee.net”.
        Assistance in using the website can be obtained by calling the Trustee at
        (312)
        904-4373. Parties that are unable to use the above distribution options are
        entitled to have a paper copy mailed to them via first class mail by calling
        the
        Trustee and indicating such. The Trustee may change the way Monthly Statements
        are distributed in order to make such distributions more convenient or more
        accessible to the above parties.

       

      (b)  The
        Trustee’s responsibility for making the above information available to the
        Certificateholders is limited to the availability, timeliness and accuracy
        of
        the information derived from the parties providing the information to the
        Trustee. The Trustee will make available a copy of each statement provided
        pursuant to this Section 5.06 to each Rating Agency.

       

      (c)  Within
        a
        reasonable period of time after the end of each calendar year, the Trustee
        shall
        cause to be furnished upon request to each Person who at any time during
        the
        calendar year was a Certificateholder, a statement containing the information
        (only with respect to principal and interest) set forth in clauses (a)(v)
        and
        (a)(vi) of this Section 5.06 aggregated for such calendar year or applicable
        portion thereof during which such Person was a Certificateholder. Such
        obligation of the Trustee shall be deemed to have been satisfied to the extent
        that substantially comparable information shall be provided by the Trustee
        pursuant to any requirements of the Code as from time to time in
        effect.

       

      (d)  Upon
        filing with the Internal Revenue Service, the Trustee shall furnish to the
        Holders of the Residual Certificates the applicable Form 1066 and each
        applicable Form 1066Q and shall respond promptly to written requests made
        not
        more frequently than quarterly by any Holder of a Residual Certificate with
        respect to the following matters:

       

      (i)  The
        original projected principal and interest cash flows on the Closing Date
        on each
        class of Regular Interests and Residual Interests created hereunder and on
        the
        Mortgage Loans, based on the Prepayment Assumption;

       

      (ii)  The
        projected remaining principal and interest cash flows as of the end of any
        calendar quarter with respect to each class of Regular Interests and Residual
        Interests created hereunder and the Mortgage Loans, based on the Prepayment
        Assumption;

       

      (iii)  The
        applicable Prepayment Assumption and any interest rate assumptions used in
        determining the projected principal and interest cash flows described
        above;

       

      (iv)  The
        original issue discount (or, in the case of the Mortgage Loans, market discount)
        or premium accrued or amortized through the end of such calendar quarter
        with
        respect to each class of Regular Interests or Residual Interests created
        hereunder and to the Mortgage Loans, together with each constant yield to
        maturity used in computing the same;

       

      (v)  The
        treatment of Realized Losses with respect to the Mortgage Loans or the Regular
        Interests created hereunder, including the timing and amount of any cancellation
        of indebtedness income of a REMIC with respect to such Regular Interests
        or bad
        debt deductions claimed with respect to the Mortgage Loans;

       

      (vi)  The
        amount and timing of any non-interest expenses of a REMIC; and

       

      (vii)  Any
        taxes
        (including penalties and interest) imposed on the REMIC, including, without
        limitation, taxes on “prohibited transactions,” “contributions” or “net income
        from foreclosure property” or state or local income or franchise
        taxes.

       

      The
        information pursuant to clauses (i), (ii), (iii) and (iv) above shall be
        provided by the Depositor pursuant to Section 9.12.

       

      Section
        5.07  REMIC
        Designations and REMIC Distributions. 

       

      (a)  The
        Trustee shall elect that each of REMIC I, REMIC II, REMIC III, REMIC IV,
        REMIC
        V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX and REMIC X shall be treated
        as a
        REMIC under Section 860D of the Code. Any inconsistencies or ambiguities
        in this
        Agreement or in the administration of this Agreement shall be resolved in
        a
        manner that preserves the validity of such REMIC elections. The assets of
        REMIC
        I shall include the Group I Mortgage Loans and all interest owing in respect
        of
        and principal due thereon, the portion of the Distribution Account related
        to
        Loan Group I, the portion of the Protected Account related to Loan Group
        I, any
        REO Property related to Loan Group I, any proceeds of the foregoing and any
        other assets related to Loan Group I subject to this Agreement (other than
        the
        Group I Reserve Fund, any related Prepayment Charge Waiver Amounts and, for
        the
        avoidance of doubt, the Group I Supplemental Interest Trust, the Group I
        Swap
        Agreement, the Group I Swap Account and any rights or obligations in respect
        of
        the Swap Administration Agreement). The assets of REMIC II shall include
        the
        Group II Mortgage Loans and all interest owing in respect of and principal
        due
        thereon, the portion of the Distribution Account related to Loan Group II,
        the
        portion of the Protected Account related to Loan Group II, any REO Property
        related to Loan Group II, any proceeds of the foregoing and any other assets
        related to Loan Group II subject to this Agreement (other than the Group
        II
        Reserve Fund, any related Prepayment Charge Waiver Amounts and, for the
        avoidance of doubt, the Group II Supplemental Interest Trust, the Group II
        Swap
        Agreement, the Group II Swap Account and any rights or obligations in respect
        of
        the Swap Administration Agreement). The REMIC I Regular Interests and REMIC
        II
        Regular Interests shall constitute the assets of REMIC III. The REMIC III
        Regular Interests shall constitute the assets of REMIC IV. The Class I-CE
        Interest shall constitute the assets of REMIC V. The Class I-P Interest shall
        constitute the assets of REMIC VI. The Class I-IO Interest shall constitute
        the
        assets of REMIC VII. The Class II-CE Interest shall constitute the assets
        of
        REMIC VIII. The Class II-P Interest shall constitute the assets of REMIC
        IX. The
        Class II-IO Interest shall constitute the assets of REMIC X.

       

      (b)  (1)On
        each
        Distribution Date, the following amounts with respect to Loan Group I, in
        the
        following order of priority, shall be distributed by REMIC I to REMIC III
        on
        account of REMIC I Regular Interests I-1-A through I-60-B or withdrawn from
        the
        Distribution Account and distributed to the Holders of the Class I-R-1
        Certificates, as the case may be:

       

      (i)  from
        Interest Funds and Principal Funds for Loan Group I, in each case, determined
        without regard to the related clause (2)(ii) of the definitions thereof,
        to
        holders of each of the REMIC I Regular Interests I-1-A through I-60-B,
pro
        rata,
        in an
        amount equal to (A) the Uncertificated Accrued Interest for such REMIC I
        Regular
        Interests for such Distribution Date, plus (B) any amounts payable in respect
        thereof remaining unpaid from previous Distribution Dates.

       

      (ii)  to
        the
        extent of amounts remaining after the distribution made pursuant to clause
        (i)
        above, to REMIC I Regular Interests I-1-A through I-60-B, starting with the
        lowest numerical denomination, until the Uncertificated Principal Balance
        of
        each such REMIC I Regular Interest is reduced to zero; provided that, for
        REMIC
        I Regular Interests with the same numerical denomination, such payments of
        principal shall be allocated pro
        rata
        between
        such REMIC I Regular Interests; and

       

      (iii)  any
        remaining amount to the Holders of the Class I-R-1 Certificates. 

       

      (2)  On
        each
        Distribution Date, amounts representing Prepayment Charges on the Group I
        Mortgage loans shall be deemed distributed to REMIC I Regular Interest P,
        provided that such amounts shall not reduce the Uncertificated Principal
        Balance
        of REMIC I Regular Interest P. On the Distribution Date immediately following
        the expiration of the latest Prepayment Charge term relating to the Group
        I
        Mortgage Loans as identified on the Mortgage Loan Schedule, $100 shall be
        deemed
        distributed in respect of REMIC I Regular Interest P in reduction of the
        Uncertificated Principal Balance thereof.

       

      (3)  On
        each
        Distribution Date, the following amounts with respect to Loan Group II, in
        the
        following order of priority, shall be distributed by REMIC II to REMIC III
        on
        account of the REMIC II Group I Regular Interests and the REMIC II Group
        II
        Regular Interests or withdrawn from the Distribution Account and distributed
        to
        the Holders of the Class II-R-1 Certificates, as the case may be:

       

      (i) (A) from
        Interest Funds and Principal Funds for Subgroup II-1, in each case, determined
        without regard to the related clause (2)(ii) of the definitions thereof,
        to the
        holders of each of the REMIC II Regular Interests I-1-A through I-60-B,
pro
        rata,
        in an
        amount equal to (A) the Uncertificated Accrued Interest for such REMIC II
        Group
        I Regular Interests for such Distribution Date, plus (B) any amounts payable
        in
        respect thereof remaining unpaid from previous Distribution Dates;
        and

       

      (B) to
        the
        extent of the Interest Funds and Principal Funds for Subgroup II-1, in each
        case, determined without regard to the related clause (2)(ii) of the definitions
        thereof, remaining after the distribution made pursuant to clause (i)(A)
        above,
        to REMIC II Regular Interests I-1-A through I-60-B, starting with the lowest
        numerical denomination, until the Uncertificated Principal Balance of each
        such
        REMIC II Group I Regular Interest is reduced to zero; provided that, for
        REMIC
        II Group I Regular Interests with the same numerical denomination, such payments
        of principal shall be allocated pro
        rata
        between
        such REMIC II Group I Regular Interests; 

       

      (ii) (A) from
        Interest Funds and Principal Funds for Subgroup II-2, in each case, determined
        without regard to the related clause (2)(ii) of the definitions thereof,
        to the
        holders of each of the REMIC II Regular Interests II-1-A through II-60-B,
        pro
        rata,
        in an
        amount equal to (A) the Uncertificated Accrued Interest for such REMIC II
        Group
        II Regular Interests for such Distribution Date, plus (B) any amounts payable
        in
        respect thereof remaining unpaid from previous Distribution Dates;
        and

       

      (B) to
        the
        extent of the Interest Funds and Principal Funds for Subgroup II-2, in each
        case, determined without regard to the related clause (2)(ii) of the definitions
        thereof, remaining after the distribution made pursuant to clause (ii)(A)
        above,
        to REMIC II Regular Interests II-1-A through II-60-B, starting with the lowest
        numerical denomination, until the Uncertificated Principal Balance of each
        such
        REMIC II Group II Regular Interest is reduced to zero; provided that, for
        REMIC
        II Group II Regular Interests with the same numerical denomination, such
        payments of principal shall be allocated pro
        rata
        between
        such REMIC II Group II Regular Interests; and

       

      (iii) any
        remaining amount to the Holders of the Class II-R-1 Certificates. 

       

      (4)  On
        each
        Distribution Date, amounts representing Prepayment Charges on the Group II
        Mortgage loans shall be deemed distributed to REMIC II Regular Interest P,
        provided that such amounts shall not reduce the Uncertificated Principal
        Balance
        of REMIC II Regular Interest P. On the Distribution Date immediately following
        the expiration of the latest Prepayment Charge term relating to the Group
        II
        Mortgage Loans as identified on the Mortgage Loan Schedule, $100 shall be
        deemed
        distributed in respect of REMIC II Regular Interest P in reduction of the
        Uncertificated Principal Balance thereof.

       

      (c)  (1)On
        each
        Distribution Date, the following amounts with respect to Loan Group I, in
        the
        following order of priority, shall be distributed by REMIC III to REMIC IV
        on
        account of the REMIC III Group I Regular Interests (other than REMIC III
        Regular
        Interest I-P) or withdrawn from the Distribution Account and distributed
        to the
        Holders of the Class I-R-2 Certificates, as the case may be:

       

      (i)  from
        Interest Funds and Principal Funds for Loan Group I, in each case, determined
        without regard to the related clause (2)(ii) of the definitions thereof,
        to the
        holders of REMIC III Regular Interest I-IO, in an amount equal to (A) the
        Uncertificated Accrued Interest for such REMIC III Regular Interest for such
        Distribution Date, plus (B) any amounts in respect thereof remaining unpaid
        from
        previous Distribution Dates; 

       

      (ii)  to
        the
        extent of the Interest Funds and Principal Funds for Loan Group I, in each
        case,
        determined without regard to the related clause (2)(ii) of the definitions
        thereof, remaining after the distribution pursuant to clause (i), to the
        holders
        of each REMIC III Group I Regular Interest (other than REMIC III Regular
        Interests I-IO and I-P), pro
        rata,
        in an
        amount equal to (A) the Uncertificated Accrued Interest for such REMIC III
        Regular Interest for such Distribution Date, plus (B) any amounts in respect
        thereof remaining unpaid from previous Distribution Dates. Amounts payable
        as
        Uncertificated Accrued Interest in respect of REMIC III Regular Interest
        I-ZZ
        shall be reduced when the REMIC III Group I Overcollateralization Amount
        is less
        than the REMIC III Group I Required Overcollateralization Amount, by the
        lesser
        of (x) the amount of such difference and (y) the Group I Maximum Uncertificated
        Accrued Interest Deferral Amount, and such amount will be payable to the
        holders
        of each REMIC III Group I Regular Interest for which a Class I-A Certificate
        or
        Class I-M Certificate is the Corresponding Certificate in the same proportion
        as
        the Group I Extra Principal Distribution Amount is allocated to the
        Corresponding Certificates for each such REMIC III Regular Interest, and
        the
        Uncertificated Principal Balance of REMIC III Regular Interest I-ZZ shall
        be
        increased by such amount;

       

      (iii)  to
        the
        holders of REMIC III Group I Regular Interests (other than REMIC III Regular
        Interests I-IO and I-P) in an amount equal to the remainder of the Interest
        Funds and Principal Funds for Loan Group I, in each case, determined without
        regard to the related clause (2)(ii) of the definitions thereof, remaining
        after
        the distributions made pursuant to clauses (i) and (ii) above, allocated
        as
        follows:

       

      (A)  98%
        of
        such remainder to the holders of REMIC III Regular Interest I-AA, until the
        Uncertificated Principal Balance of such REMIC III Regular Interest is reduced
        to zero;

       

      (B)  2%
        of
        such remainder, first, to the holders of each REMIC III Group I Regular Interest
        for which a Class I-A Certificate or Class I-M Certificate is the Corresponding
        Certificate, in an aggregate amount equal to 1% of and in the same proportion
        as
        principal payments are allocated to the Corresponding Certificates for each
        such
        REMIC III Group I Regular Interest, until the Uncertificated Principal Balances
        of such REMIC III Group I Regular Interests are reduced to zero; and second,
        to
        the holders of REMIC III Regular Interest I-ZZ, until the Uncertificated
        Principal Balance of such REMIC III Regular Interest is reduced to zero;
        and

       

      (C)  any
        remaining amount to the Holders of the Class I-R-2 Certificates.

       

      (2) On
        each
        Distribution Date, amounts representing Prepayment Charges on the Mortgage
        loans
        deemed distributed in respect of REMIC I Regular Interest P shall be deemed
        to
        be distributed to REMIC III Regular Interest I-P, provided that such amounts
        shall not reduce the Uncertificated Principal Balance of REMIC III Regular
        Interest I-P. On the Distribution Date immediately following the expiration
        of
        the latest Prepayment Charge term relating to the Group I Mortgage Loans
        as
        identified on the Mortgage Loan Schedule, an amount equal to $100 deemed
        distributed in respect of REMIC I Regular Interest P in reduction of the
        Uncertificated Principal Balance thereof shall be deemed to be distributed
        to
        REMIC III Regular Interest I-P in reduction of the Uncertificated Principal
        Balance thereof. 

       

      (3) On
        each
        Distribution Date, the following amounts with respect to Loan Group II, in
        the
        following order of priority, shall be distributed by REMIC III to REMIC IV
        on
        account of the REMIC III Group II Regular Interests (other then REMIC III
        Regular Interest II-P) or withdrawn from the Distribution Account and
        distributed to the Holders of the Class I-R-2 Certificates, as the case may
        be:

       

      (i) from
        Interest Funds and Principal Funds for Loan Group II, in each case, determined
        without regard to the related clause (2)(ii) of the definitions thereof,
        to the
        holders of REMIC III Regular Interest II-IO, in an amount equal to (A) the
        Uncertificated Accrued Interest for such REMIC III Regular Interest for such
        Distribution Date, plus (B) any amounts in respect thereof remaining unpaid
        from
        previous Distribution Dates; 

       

      (ii) to
        the
        extent of the REMIC III Group II Marker Allocation Percentage of the Interest
        Funds and Principal Funds for Loan Group II, in each case, determined without
        regard to the related clause (2)(ii) of the definitions thereof, remaining
        after
        the distribution pursuant to clause (i), to the holders of each REMIC III
        Group
        II Regular Interest (other than REMIC III Group II Regular Interests II-IO,
        II-1-Sub, II-1-Grp, II-2-Sub, II-2-Grp, II-XX and II-P), pro
        rata,
        in an
        amount equal to (A) the Uncertificated Accrued Interest for such REMIC III
        Group
        II Regular Interest for such Distribution Date, plus (B) any amounts in respect
        thereof remaining unpaid from previous Distribution Dates. Amounts payable
        as
        Uncertificated Accrued Interest in respect of REMIC III Regular Interest
        II-ZZ
        shall be reduced when the REMIC III Group II Overcollateralization Amount
        is
        less than the REMIC III Group II Required Overcollateralization Amount, by
        the
        lesser of (x) the amount of such difference and (y) the Group II Maximum
        Uncertificated Accrued Interest Deferral Amount, and such amount will be
        payable
        to the holders of each REMIC III Group II Regular Interest for which a Class
        II-A Certificate or Class II-M Certificate is the Corresponding Certificate
        in
        the same proportion as the Group II Extra Principal Distribution Amount is
        allocated to the Corresponding Certificates for each such REMIC III Group
        II
        Regular Interest, and the Uncertificated Principal Balance of REMIC III Regular
        Interest II-ZZ shall be increased by such amount;

       

      (iii) to
        the
        extent of the REMIC III Group II Sub WAC Allocation Percentage of the Interest
        Funds and Principal Funds for Loan Group II, in each case, determined without
        regard to the related clause (2)(ii) of the definitions thereof, remaining
        after
        the distribution pursuant to clause (i), to the holders of REMIC III Regular
        Interest II-1-Sub, REMIC III Regular Interest II-1-Grp, REMIC III Regular
        Interest II-2-Sub, REMIC III Regular Interest II-2-Grp and REMIC III Regular
        Interest II-XX, pro
        rata,
        an
        amount equal to (A) the Uncertificated Accrued Interest for such Distribution
        Date, plus (B) any amounts in respect thereof remaining unpaid from previous
        Distribution Dates;

       

      (iv) to
        the
        holders of REMIC III Group II Regular Interests (other than REMIC III Regular
        Interests II-IO, II-P, II-1-Sub, II-1-Grp, II-2-Sub, II-2-Grp and II-XX)
        in an
        amount equal to the REMIC III Group II Marker Allocation Percentage of the
        remainder of the Interest Funds and Principal Funds for Loan Group II, in
        each
        case, determined without regard to the related clause (2)(ii) of the definitions
        thereof, after the distributions made pursuant to clauses (i), (ii) and (iii)
        above, allocated as follows:

       

      (A) 98%
        of
        such remainder to the holders of REMIC III Regular Interest II-AA, until
        the
        Uncertificated Principal Balance of such REMIC III Regular Interest is reduced
        to zero;

       

      (B) 2%
        of
        such remainder, first, to the holders of each REMIC III Group II Regular
        Interest for which a Class II-A Certificate or Class II-M Certificate is
        the
        Corresponding Certificate, in an aggregate amount equal to 1% of and in the
        same
        proportion as principal payments are allocated to the Corresponding Certificates
        for each such REMIC III Group II Regular Interest, until the Uncertificated
        Principal Balances of such REMIC III Group II Regular Interests are reduced
        to
        zero; and second, to the holders of REMIC III Regular Interest II-ZZ, until
        the
        Uncertificated Principal Balance of such REMIC III Regular Interest is reduced
        to zero; and

       

      (C) any
        remaining amount to the Holders of the Class I-R-2 Certificates;
        and

       

      (v) to
        the
        holders of REMIC III Regular Interest II-1-Sub, REMIC III Regular Interest
        II-1-Grp, REMIC III Regular Interest II-2-Sub, REMIC III Regular Interest
        II-2-Grp and REMIC III Regular Interest II-XX, in an amount equal to the
        REMIC
        III Group II Sub WAC Allocation Percentage of the remainder of the Interest
        Funds and Principal Funds for Loan Group II, in each case, determined without
        regard to the related clause (2)(ii) of the definitions thereof, after the
        distributions made pursuant to clauses (i), (ii) and (iii) above, first,
        so as
        to keep the Uncertificated Principal Balance of each REMIC III Group II Regular
        Interest ending with the designation “Grp” equal to 0.01% of the aggregate
        Stated Principal Balance of the Group II Mortgage Loans in the related Subgroup;
        second, to each REMIC III Group II Regular Interest ending with the designation
        “Sub”, so that the Uncertificated Principal Balance of each such REMIC III Group
        II Regular Interest is equal to 0.01% of the excess of (x) the aggregate
        Stated
        Principal Balance of the Group II Mortgage Loans in the related Subgroup
        over
        (y) the current aggregate Certificate Principal Balance of the Class II-A
        Certificates related to such Subgroup (except that if any such excess is
        a
        larger number than in the preceding distribution period, the least amount
        of
        principal shall be distributed to such REMIC III Group II Regular Interests
        such
        that the REMIC III Group II Subordinated Balance Ratio is maintained); third,
        to
        REMIC III Regular Interest II-XX, until the Uncertificated Principal Balance
        of
        such REMIC III Regular Interest is reduced to zero; and fourth, any remaining
        amount to the Holders of the Class I-R-2 Certificates.

       

      (4) On
        each
        Distribution Date, amounts representing Prepayment Charges on the Mortgage
        loans
        deemed distributed in respect of REMIC II Regular Interest P shall be deemed
        to
        be distributed to REMIC III Regular Interest II-P, provided that such amounts
        shall not reduce the Uncertificated Principal Balance of REMIC III Regular
        Interest II-P. On the Distribution Date immediately following the expiration
        of
        the latest Prepayment Charge term relating to the Group II Mortgage Loans
        as
        identified on the Mortgage Loan Schedule, an amount equal to $100 deemed
        distributed in respect of REMIC II Regular Interest P in reduction of the
        Uncertificated Principal Balance thereof shall be deemed to be distributed
        to
        REMIC III Regular Interest II-P in reduction of the Uncertificated Principal
        Balance thereof. 

       

      (d)  On
        each
        Distribution Date, interest shall be deemed payable from REMIC IV to the
        holders
        of each REMIC IV Regular Interest the ownership of which is represented by
        the
        Class A Certificates and Class M Certificates at a pass-through rate equal
        to
        the lesser of (i) the One-Month LIBOR Pass-Through Rate for the Corresponding
        Certificate and (ii) the Net Rate Cap for the REMIC IV Regular Interest the
        ownership of which is represented by the Corresponding Certificate for such
        Distribution Date, in each case on a principal balance equal to the Certificate
        Principal Balance of the Corresponding Certificate for such Distribution
        Date.
        For the avoidance of doubt, principal shall be payable to, and shortfalls,
        losses and prepayments shall be allocable to, the REMIC IV Regular Interests
        the
        ownership of which is represented by the Class A Certificates and Class M
        Certificates as such amounts are payable and allocable to the Corresponding
        Certificates.

       

      (e)  On
        each
        Distribution Date, an amount equal to the amounts distributed pursuant to
        Sections 5.04(a)(3)(C), (D) and (G) on such date shall be deemed distributed
        from REMIC IV to REMIC V in respect of the Class I-CE Distribution Amount
        distributable to the Class I-CE Interest.

       

      (f)  On
        each
        Distribution Date, an amount equal to the amounts distributed pursuant to
        Sections 5.04(b)(4)(C), (D) and (G) on such date shall be deemed distributed
        from REMIC IV to REMIC VIII in respect of the Class II-CE Distribution Amount
        distributable to the Class II-CE Interest.

       

      (g)  On
        each
        Distribution Date, 100% of the amounts deemed distributed on REMIC III Regular
        Interest I-P shall be deemed distributed by REMIC IV to REMIC VI in respect
        of
        the Class I-P Interest.

       

      (h)  On
        each
        Distribution Date, 100% of the amounts deemed distributed on REMIC III Regular
        Interest II-P shall be deemed distributed by REMIC IV to REMIC IX in respect
        of
        the Class II-P Interest.

       

      (i)  On
        each
        Distribution Date, 100% of the amounts deemed distributed on REMIC III Regular
        Interest I-IO shall be deemed distributed by REMIC IV to REMIC VII in respect
        of
        the Class I-IO Interest. Such amounts shall be deemed distributed by REMIC
        VII
        in respect of REMIC VII Regular Interest IO for deposit into the Group I
        Supplemental Interest Trust.

       

      (j)  On
        each
        Distribution Date, 100% of the amounts deemed distributed on REMIC III Regular
        Interest II-IO shall be deemed distributed by REMIC IV to REMIC X in respect
        of
        the Class II-IO Interest. Such amounts shall be deemed distributed by REMIC
        X in
        respect of REMIC X Regular Interest IO for deposit into the Group II
        Supplemental Interest Trust.

       

      ARTICLE
        VI

       

      THE
        CERTIFICATES

       

      Section
        6.01  The
        Certificates. 

       

      The
        Certificates shall be substantially in the forms attached hereto as Exhibits
        A-1
        through A-5. The Certificates shall be issuable in registered form, in the
        minimum dollar denominations, integral dollar multiples in excess thereof
        (except that one Certificate of each Class may be issued in a different amount
        which must be in excess of the applicable minimum dollar denomination) and
        aggregate dollar denominations as set forth in the following table:

      

         

      

      

        
          	
                  Class

                	
                   

                  Minimum
                    Denomination

                	 Integral
                  Multiple in Excess of Minimum	 Original
                  Certificate Principal Balance or Notional Amount
	
                  I-A-1

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  87,591,000.00

                
	
                  I-A-2

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  46,291,000.00

                
	
                  I-A-3

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  6,750,000.00

                
	
                  I-M-1

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  8,124,000.00

                
	
                  I-M-2

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  7,564,000.00

                
	
                  I-M-3

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  4,389,000.00

                
	
                  I-M-4

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  3,829,000.00

                
	
                  I-M-5

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  3,642,000.00

                
	
                  I-M-6

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  3,362,000.00

                
	
                  I-M-7

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  3,175,000.00

                
	
                  I-M-8

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  2,708,000.00

                
	
                  I-M-9

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  2,241,000.00

                
	
                  I-M-10

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  1,681,000.00

                
	
                  I-M-11

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  1,774,000.00

                
	
                  I-CE

                	 	
                  10%

                	 	
                  1%

                	
                  $

                	
                  186,762,941.81(1)

                
	
                  I-P

                	 	
                  100

                	 	
                  N/A

                	
                  $

                	
                  100.00

                
	
                  I-R-1

                	 	
                  100%

                	 	
                  N/A

                	 	
                  N/A

                
	
                  I-R-2

                	 	
                  100%

                	 	
                  N/A

                	 	
                  N/A

                
	
                  I-R-3

                	 	
                  100%

                	 	
                  N/A

                	 	
                  N/A

                
	
                  I-RX

                	 	
                  100%

                	 	
                  N/A

                	 	
                  N/A

                
	
                  II-1A-1

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  139,494,000.00

                
	
                  II-1A-2

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  63,472,000.00

                
	
                  II-1A-3

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  14,156,000.00

                
	
                  II-M-1

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  100,275,000.00

                
	
                  II-1A-3

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  16,781,000.00

                
	
                  II-M-2

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  15,331,000.00

                
	
                  II-M-3

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  9,530,000.00

                
	
                  II-M-4

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  7,873,000.00

                
	
                  II-M-5

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  7,666,000.00

                
	
                  II-M-6

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  7,044,000.00

                
	
                  II-M-7

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  6,629,000.00

                
	
                  II-M-8

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  5,800,000.00

                
	
                  II-M-9

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  4,765,000.00

                
	
                  II-M-10

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  4,144,000.00

                
	
                  II-M-11

                	
                  $

                	
                  100,000

                	
                  $

                	
                  1.00

                	
                  $

                	
                  4,144,000.00

                
	
                  II-CE

                	 	
                  10%

                	 	
                  1%

                	
                  $

                	
                  414,356,192.66(1)

                
	
                  II-P

                	 	
                  100

                	 	
                  N/A

                	
                  $

                	
                  100.00

                
	
                  II-R-1

                	 	
                  100%

                	 	
                  N/A

                	 	
                  N/A

                
	
                  II-RX

                	 	
                  100%

                	 	
                  N/A

                	 	
                  N/A

                

        

      

       

      (1) This
        is a
        Notional Amount.

      

      The
        Certificates shall be executed by manual or facsimile signature on behalf
        of the
        Trustee by an authorized officer. Certificates bearing the manual or facsimile
        signatures of individuals who were, at the time when such signatures were
        affixed, authorized to sign on behalf of the Trustee shall bind the Trustee,
        notwithstanding that such individuals or any of them have ceased to be so
        authorized prior to the authentication and delivery of such Certificates
        or did
        not hold such offices at the date of such authentication and delivery. No
        Certificate shall be entitled to any benefit under this Agreement, or be
        valid
        for any purpose, unless there appears on such Certificate the countersignature
        of the Trustee by manual signature, and such countersignature upon any
        Certificate shall be conclusive evidence, and the only evidence, that such
        Certificate has been duly countersigned and delivered hereunder. All
        Certificates shall be dated the date of their countersignature. On the Closing
        Date, the Trustee shall authenticate the Certificates to be issued at the
        written direction of the Depositor, or any affiliate thereof.

       

      The
        Depositor shall provide, or cause to be provided, to the Trustee on a continuous
        basis, an adequate inventory of Certificates to facilitate
        transfers.

       

      Section
        6.02  Certificate
        Register; Registration of Transfer and Exchange of Certificates. 

       

      (a)  The
        Trustee shall maintain, or cause to be maintained in accordance with the
        provisions of Section 6.09 hereof, a Certificate Register for the Trust Fund
        in
        which, subject to the provisions of subsections (b) and (c) below and to
        such
        reasonable regulations as it may prescribe, the Trustee shall provide for
        the
        registration of Certificates and of Transfers and exchanges of Certificates
        as
        herein provided. Upon surrender for registration of Transfer of any Certificate,
        the Trustee shall authenticate and deliver, in the name of the designated
        transferee or transferees, one or more new Certificates of the same Class
        and of
        like aggregate Percentage Interest.

       

      At
        the
        option of a Certificateholder, Certificates may be exchanged for other
        Certificates of the same Class in authorized denominations and evidencing
        the
        same aggregate Percentage Interest upon surrender of the Certificates to
        be
        exchanged at the office or agency of the Trustee. Whenever any Certificates
        are
        so surrendered for exchange, the Trustee shall execute, authenticate, and
        deliver the Certificates that the Certificateholder making the exchange is
        entitled to receive. Every Certificate presented or surrendered for registration
        of Transfer or exchange shall be accompanied by a written instrument of Transfer
        in form satisfactory to the Trustee duly executed by the Holder thereof or
        his
        attorney duly authorized in writing.

       

      No
        service charge to the Certificateholders shall be made for any registration
        of
        Transfer or exchange of Certificates, but payment of a sum sufficient to
        cover
        any tax or governmental charge that may be imposed in connection with any
        Transfer or exchange of Certificates may be required.

       

      All
        Certificates surrendered for registration of Transfer or exchange shall be
        canceled and subsequently destroyed by the Trustee in accordance with the
        Trustee’s customary procedures.

       

      (b)  Subject
        to Section 6.07 and, in the case of any Global Certificate or Private
        Certificate upon the satisfaction of the conditions set forth below, upon
        surrender for registration of transfer of any Certificate at any office or
        agency of the Trustee maintained for such purpose, the Trustee shall sign,
        countersign and shall deliver, in the name of the designated transferee or
        transferees, a new Certificate of a like Class and aggregate Percentage
        Interest, but bearing a different number.

       

      (c)  Subject
        to subsection 6.02(g), so long as a Global Certificate of such Class is
        outstanding and is held by or on behalf of the Depository, transfers of
        beneficial interests in such Global Certificate, or transfers by Holders
        of
        Individual Certificates of such Class to transferees that take delivery in
        the
        form of beneficial interests in the Global Certificate, may be made only
        in
        accordance with this subsection 6.02(c) and in accordance with the rules
        of the
        Depository:

       

      (i)  In
        the
        case of a beneficial interest in the Global Certificate being transferred
        to an
        Institutional Accredited Investor, such transferee shall be required to take
        delivery in the form of an Individual Certificate or Certificates and the
        Trustee shall register such transfer only upon compliance with the provisions
        of
        subsection 6.02(h).

       

      (ii)  In
        the
        case of a beneficial interest in a Class of Global Certificates being
        transferred to a transferee that takes delivery in the form of an Individual
        Certificate or Certificates of such Class, except as set forth in clause
        (i)
        above, the Trustee shall register such transfer only upon compliance with
        the
        provisions of subsection 6.02(h).

       

      (iii)  In
        the
        case of an Individual Certificate of a Class being transferred to a transferee
        that takes delivery in the form of a beneficial interest in a Global Certificate
        of such Class, the Trustee shall register such transfer if the transferee
        has
        provided the Trustee with a Rule 144A and Related Matters Certificate or
        comparable evidence as to its QIB status.

       

      (iv)  No
        restrictions shall apply with respect to the transfer or registration of
        transfer of a beneficial interest in the Global Certificate of a Class to
        a
        transferee that takes delivery in the form of a beneficial interest in the
        Global Certificate of such Class; provided that each such transferee shall
        be
        deemed to have made such representations and warranties contained in the
        Rule
        144A and Related Matters Certificate as are sufficient to establish that
        it is a
        QIB.

       

      (d)  Subject
        to subsection 6.02(g), an exchange of a beneficial interest in a Global
        Certificate of a Class for an Individual Certificate or Certificates of such
        Class, an exchange of an Individual Certificate or Certificates of a Class
        for a
        beneficial interest in the Global Certificate of such Class and an exchange
        of
        an Individual Certificate or Certificates of a Class for another Individual
        Certificate or Certificates of such Class (in each case, whether or not such
        exchange is made in anticipation of subsequent transfer, and, in the case
        of the
        Global Certificate of such Class, so long as such Certificate is outstanding
        and
        is held by or on behalf of the Depository) may be made only in accordance
        with
        this subsection 6.02(d) and in accordance with the rules of the
        Depository:

       

      (i)  A
        Holder
        of a beneficial interest in a Global Certificate of a Class may at any time
        exchange such beneficial interest for an Individual Certificate or Certificates
        of such Class.

       

      (ii)  A
        Holder
        of an Individual Certificate or Certificates of a Class may exchange such
        Certificate or Certificates for a beneficial interest in the Global Certificate
        of such Class if such holder furnishes to the Trustee a Rule 144A and Related
        Matters Certificate or comparable evidence as to its QIB status.

       

      (iii)  A
        Holder
        of an Individual Certificate of a Class may exchange such Certificate for
        an
        equal aggregate principal amount of Individual Certificates of such Class
        in
        different authorized denominations without any certification.

       

      (e)  (i)Upon
        acceptance for exchange or transfer of an Individual Certificate of a Class
        for
        a beneficial interest in a Global Certificate of such Class as provided herein,
        the Trustee shall cancel such Individual Certificate and shall (or shall
        request
        the Depository to) endorse on the schedule affixed to the applicable Global
        Certificate (or on a continuation of such schedule affixed to the Global
        Certificate and made a part thereof) or otherwise make in its books and records
        an appropriate notation evidencing the date of such exchange or transfer
        and an
        increase in the certificate balance of the Global Certificate equal to the
        certificate balance of such Individual Certificate exchanged or transferred
        therefor.

       

      (ii)  Upon
        acceptance for exchange or transfer of a beneficial interest in a Global
        Certificate of a Class for an Individual Certificate of such Class as provided
        herein, the Trustee shall (or shall request the Depository to) endorse on
        the
        schedule affixed to such Global Certificate (or on a continuation of such
        schedule affixed to such Global Certificate and made a part thereof) or
        otherwise make in its books and records an appropriate notation evidencing
        the
        date of such exchange or transfer and a decrease in the certificate balance
        of
        such Global Certificate equal to the certificate balance of such Individual
        Certificate issued in exchange therefor or upon transfer thereof.

       

      (f)  Any
        Individual Certificate issued in exchange for or upon transfer of another
        Individual Certificate or of a beneficial interest in a Global Certificate
        shall
        bear the applicable legends set forth in Exhibit A-2.

       

      (g)  Subject
        to the restrictions on transfer and exchange set forth in this Section 6.02,
        the
        Holder of any Individual Certificate may transfer or exchange the same in
        whole
        or in part (in an initial certificate balance equal to the minimum authorized
        denomination set forth in Section 6.01 above or any integral multiple of
        $1.00
        in excess thereof) by surrendering such Certificate at the Corporate Trust
        Office, or at the office of any transfer agent, together with an executed
        instrument of assignment and transfer satisfactory in form and substance
        to the
        Trustee in the case of transfer and a written request for exchange in the
        case
        of exchange. The Holder of a beneficial interest in a Global Certificate
        may,
        subject to the rules and procedures of the Depository, cause the Depository
        (or
        its nominee) to notify the Trustee in writing of a request for transfer or
        exchange of such beneficial interest for an Individual Certificate or
        Certificates. Following a proper request for transfer or exchange, the Trustee
        shall, within five Business Days of such request made at the Corporate Trust
        Office, sign, countersign and deliver at the Corporate Trust Office, to the
        transferee (in the case of transfer) or Holder (in the case of exchange)
        or send
        by first class mail at the risk of the transferee (in the case of transfer)
        or
        Holder (in the case of exchange) to such address as the transferee or Holder,
        as
        applicable, may request, an Individual Certificate or Certificates, as the
        case
        may require, for a like aggregate Percentage Interest and in such authorized
        denomination or denominations as may be requested. The presentation for transfer
        or exchange of any Individual Certificate shall not be valid unless made
        at the
        Corporate Trust Office by the registered Holder in person, or by a duly
        authorized attorney-in-fact.

       

      (h)  No
        Transfer of a Private Certificate shall be made unless such Transfer is made
        pursuant to an effective registration statement under the Securities Act
        and any
        applicable state securities laws or is exempt from the registration requirements
        under the Securities Act and such state securities laws. In the event that
        a
        Transfer is to be made in reliance upon an exemption from the Securities
        Act and
        such laws, in order to assure compliance with the Securities Act and such
        laws,
        the Certificateholder desiring to effect such Transfer and such
        Certificateholder’s prospective transferee shall each certify to the Trustee in
        writing the facts surrounding the Transfer by (x)(i) the delivery to the
        Trustee
        by the Certificateholder desiring to effect such transfer of a certificate
        substantially in the form set forth in Exhibit D (the “Transferor Certificate”)
        and (ii) the delivery by the Certificateholder’s prospective transferee of (A) a
        letter in substantially the form of Exhibit E (the “Investment Letter”) if the
        prospective transferee is an Institutional Accredited Investor or (B) a letter
        in substantially the form of Exhibit F (the “Rule 144A and Related Matters
        Certificate”) if the prospective transferee is a QIB or (y) there shall be
        delivered to the Trustee an Opinion of Counsel addressed to the Trustee that
        such Transfer may be made pursuant to an exemption from the Securities Act,
        which Opinion of Counsel shall not be an expense of the Depositor, the Sellers,
        the Master Servicer or the Trustee. Notwithstanding the provisions of the
        immediately preceding sentence, no restrictions shall apply with respect
        to the
        transfer or registration of transfer of a beneficial interest in any Certificate
        that is a Global Certificate of a Class to a transferee that takes delivery
        in
        the form of a beneficial interest in the Global Certificate of such Class
        provided that each such transferee shall be deemed to have made such
        representations and warranties contained in the Rule 144A and Related Matters
        Certificate as are sufficient to establish that it is a QIB. The Depositor
        shall
        provide to any Holder of a Private Certificate and any prospective transferee
        designated by any such Holder, information regarding the related Certificates
        and the Mortgage Loans and such other information as shall be necessary to
        satisfy the condition to eligibility set forth in Rule 144A(d)(4) for Transfer
        of any such Certificate without registration thereof under the Securities
        Act
        pursuant to the registration exemption provided by Rule 144A. The Trustee
        and
        the Master Servicer shall cooperate with the Depositor in providing the Rule
        144A information referenced in the preceding sentence, including providing
        to
        the Depositor such information regarding the Certificates, the Mortgage Loans
        and other matters regarding the Trust Fund as the Depositor shall reasonably
        request to meet its obligation under the preceding sentence. Each Holder
        of a
        Private Certificate desiring to effect such Transfer shall, and does hereby
        agree to, indemnify the Trustee, the Depositor, the Sellers and the Master
        Servicer against any liability that may result if the Transfer is not so
        exempt
        or is not made in accordance with such federal and state laws.

       

      No
        transfer of any Class CE Certificate shall be made unless the transferee
        of such
        Class CE Certificate provides to the Trustee the appropriate tax certification
        form (i.e., IRS Form W-9 or IRS Form W-8BEN, W-8IMY, or W-8ECI, as applicable
        (or any successor form thereto)), as a condition to such transfer and agrees
        to
        update such forms (i) upon expiration of any such form, (ii) as required
        under
        then applicable U.S. Treasury regulations and (iii) promptly upon learning
        that
        any IRS Form W-9 or IRS Form W-8BEN, W-8IMY, or W-8ECI, as applicable (or
        any
        successor form thereto), has become obsolete or incorrect. Upon receipt of
        any
        such tax certification form from a transferee of any Class CE Certificate,
        the
        Trustee shall provide a copy of such tax certification form to the related
        Supplemental Interest Trust Trustee. The related Supplemental Interest Trust
        Trustee shall provide a copy of any such tax certification form to the related
        Swap Provider.

       

      Prior
        to
        the termination of the related Supplemental Interest Trust, no Transfer of
        a
        related Class A Certificate or Class M Certificate (other than a Class I-M-10,
        Class II-M-10, Class I-M-11 Certificate or II-M-11 Certificate) shall be
        made
        unless either (i) the Trustee shall have received a representation from the
        transferee of such Certificate acceptable to and in form and substance
        satisfactory to the Trustee, to the effect that such transferee is not an
        employee benefit plan subject to Section 406 of ERISA or a plan subject to
        Section 4975 of the Code (either a “Plan”), or a Person acting on behalf of a
        Plan or using the assets a Plan, or (ii) the transferee provides a
        representation, or is deemed to represent in the case of the Global Certificate
        that (A) such plan is an accredited investor within the meaning of the Exemption
        and (B) the proposed transfer or holding of such Certificate are eligible
        for
        exemptive relief under Prohibited Transaction Class Exemption (“PTCE”) 84-14,
        PTCE 91-38, PTCE 90-1, PTCE 95-60 or PTCE 96-23. 

       

      Subsequent
        to the termination of the Supplemental Interest Trust, each beneficial owner
        of
        a related Class M Certificate (other than a Class I-M-10, Class II-M-10,
        Class
        I-M-11 Certificate or II-M-11 Certificate) or any interest therein shall
        be
        deemed to have represented, by virtue of its acquisition or holding of that
        certificate or interest therein, that either (a)(i) it is not a Plan or
        investing with “Plan Assets”, (ii) it has acquired and is holding such
        certificate in reliance on the Exemption, and that it understands that there
        are
        certain conditions to the availability of the Exemption, including that the
        certificate must be rated, at the time of purchase, not lower than “BBB-” (or
        its equivalent) by S&P, Fitch or Moody’s, and the certificate is so rated or
        (iii) (1) it is an insurance company, (2) the source of funds used to acquire
        or
        hold the certificate or interest therein is an “insurance company general
        account,” as such term is defined in PTCE 95-60, and (3) the conditions in
        Sections I and III of PTCE 95-60 have been satisfied.

       

      Neither
        the Trustee nor the Master Servicer will be required to monitor, determine
        or
        inquire as to compliance with the transfer restrictions with respect to the
        Global Certificates. Any attempted or purported transfer of any Certificate
        in
        violation of the provisions of this Section 6.02 shall be void ab initio
        and
        such Certificate shall be considered to have been held continuously by the
        prior
        permitted Certificateholder. Any transferor of any Certificate in violation
        of
        such provisions, shall indemnify and hold harmless the Trustee and the Master
        Servicer from and against any and all liabilities, claims, costs or expenses
        incurred by the Trustee or the Master Servicer as a result of such attempted
        or
        purported transfer. Neither the Trustee nor the Master Servicer shall have
        any
        liability for transfer of any such Global Certificates in or through book-entry
        facilities of any Depository or between or among Depository Participants
        or
        Certificate Owners made in violation of the transfer restrictions set forth
        herein. Neither
        the Trustee nor the Master Servicer shall be required to monitor, determine
        or
        inquire as to compliance with the transfer restrictions with respect to any
        ERISA Restricted Certificate that is a Book-Entry Certificate, and neither
        the Trustee nor the Master Servicer shall have any liability for transfers
        of
        any such Book-Entry Certificates made through the book-entry facilities of
        any
        Depository or between or among participants of the Depository or Certificate
        Owners made in violation of the transfer restrictions set forth herein. Neither
        the Trustee nor the Master Servicer shall be under any liability to any Person
        for any registration of transfer of any ERISA Restricted Certificate that
        is in
        fact not permitted by this Section 6.02(h) or for making any payments due
        on
        such Certificate to the Holder thereof or taking any other action with respect
        to such Holder under the provisions of this Agreement. The Trustee shall
        be
        entitled, but not obligated, to recover from any Holder of any ERISA Restricted
        Certificate that was in fact a Plan or a Person acting on behalf of a Plan
        at
        the time it became a Holder or, at such subsequent time as it became a Plan
        or
        Person acting on behalf of a Plan, all payments made on such ERISA Restricted
        Certificate at and after either such time. Any such payments so recovered
        by the
        Trustee shall be paid and delivered by the Trustee to the last preceding
        Holder
        of such Certificate that is not a Plan or Person acting on behalf of a
        Plan.

       

      No
        Transfer of a Class I-M-10, Class I-M-11, Class II-M-10, Class II-M-11, Class
        I-CE, Class II-CE, Class I-P, Class II-P or Residual Certificate shall be
        made
        unless either (i) the transferee of such Certificate provides a representation,
        or is deemed to represent in the case of a Global Certificate, to the Trustee
        and the Master Servicer acceptable to and in form and substance satisfactory
        to
        the Trustee and the Master Servicer, to the effect that such transferee is
        not a
        Plan, or a Person acting on behalf of a Plan or using the assets of a Plan,
        or
        (ii) in the case of any such Certificate presented for registration in the
        name
        of a Plan, or a trustee of a Plan or any other person acting on behalf of
        a
        Plan, the Trustee shall have received an Opinion of Counsel for the benefit
        of
        the Trustee and the Master Servicer and on which they may rely, satisfactory
        to
        the Trustee, to the effect that the purchase and holding of such Certificate
        are
        permissible under applicable law, will not result in any prohibited transactions
        under ERISA or Section 4975 of the Code and will not subject the Trustee,
        the
        Master Servicer or the Depositor to any obligation in addition to those
        expressly undertaken in this Agreement, which Opinion of Counsel shall not
        be an
        expense of the Trustee, the Master Servicer or the Depositor, or (iii) in
        the
        case of a Class I-M-10, Class I-M-11, Class II-M-10 or Class II-M-11
        Certificate, the transferee provides a representation, or is deemed to represent
        in the case of the Global Certificate, or an Opinion of Counsel to the effect
        that the proposed transfer or holding of such Class I-M-10, Class I-M-11,
        Class
        II-M-10 or Class II-M-11 Certificate and the servicing, management and operation
        of the Trust and its assets: (I) will not result in any prohibited transaction
        which is not covered under individual or Class prohibited transaction exemption
        including but not limited to PTCE 84-14, PTCE 91-38, PTCE 90-1, PTCE 95-60
        or
        PTCE 96-23 and (II) will not give rise to any obligation on the part of the
        Depositor, the Master Servicer or the Trustee in addition to those expressly
        undertaken in this Agreement. Neither the Trustee nor the Master Servicer
        shall
        be required to monitor, determine or inquire as to compliance with the transfer
        restrictions with respect to any Private Certificate that is a Book-Entry
        Certificate, and neither the Trustee nor the Master Servicer shall have any
        liability for transfers of any such Book-Entry Certificates made through
        the
        book-entry facilities of any Depository or between or among participants
        of the
        Depository or Certificate Owners made in violation of the transfer restrictions
        set forth herein. Neither the Trustee nor the Master Servicer shall be under
        any
        liability to any Person for any registration of transfer of any Private
        Certificate that is in fact not permitted by this Section 6.02(h) or for
        making
        any payments due on such Certificate to the Holder thereof or taking any
        other
        action with respect to such Holder under the provisions of this Agreement.
        The
        Trustee shall be entitled, but not obligated, to recover from any Holder
        of any
        Private Certificate that was in fact a Plan or a Person acting on behalf
        of a
        Plan at the time it became a Holder or, at such subsequent time as it became
        a
        Plan or Person acting on behalf of a Plan, all payments made on such Private
        Certificate at and after either such time. Any such payments so recovered
        by the
        Trustee shall be paid and delivered by the Trustee to the last preceding
        Holder
        of such Certificate that is not a Plan or Person acting on behalf of a
        Plan.

       

      (i)  Each
        Person who has or who acquires any Ownership Interest in a Residual Certificate
        shall be deemed by the acceptance or acquisition of such Ownership Interest
        to
        have agreed to be bound by the following provisions, and the rights of each
        Person acquiring any Ownership Interest in a Residual Certificate are expressly
        subject to the following provisions:

       

      (i)  Each
        Person holding or acquiring any Ownership Interest in a Residual Certificate
        shall be a Permitted Transferee and shall promptly notify the Trustee of
        any
        change or impending change in its status as a Permitted Transferee.

       

      (ii)  No
        Ownership Interest in a Residual Certificate may be registered on the Closing
        Date or thereafter transferred, and the Trustee shall not register the Transfer
        of any Residual Certificate unless, in addition to the certificates required
        to
        be delivered to the Trustee under subsection (b) above, the Trustee shall
        have
        been furnished with an affidavit (a “Transfer Affidavit”) of the initial owner
        or the proposed transferee in the form attached hereto as Exhibit
        C.

       

      (iii)  Each
        Person holding or acquiring any Ownership Interest in a Residual Certificate
        shall agree (A) to obtain a Transfer Affidavit from any other Person to whom
        such Person attempts to Transfer its Ownership Interest in a Residual
        Certificate, (B) to obtain a Transfer Affidavit from any Person for whom
        such
        Person is acting as nominee, trustee or agent in connection with any Transfer
        of
        a Residual Certificate and (C) not to Transfer its Ownership Interest in
        a
        Residual Certificate or to cause the Transfer of an Ownership Interest in
        a
        Residual Certificate to any other Person if it has actual knowledge that
        such
        Person is not a Permitted Transferee.

       

      (iv)  Any
        attempted or purported Transfer of any Ownership Interest in a Residual
        Certificate in violation of the provisions of this Section 6.02(i) shall
        be
        absolutely null and void and shall vest no rights in the purported transferee.
        If any purported transferee shall become a Holder of a Residual Certificate
        in
        violation of the provisions of this Section 6.02(i), then the last preceding
        Permitted Transferee shall be restored to all rights as Holder thereof
        retroactive to the date of registration of Transfer of such Residual
        Certificate. The Trustee shall be under no liability to any Person for any
        registration of Transfer of a Residual Certificate that is in fact not permitted
        by Section 6.02(h) and this Section 6.02(i) or for making any payments due
        on
        such Certificate to the Holder thereof or taking any other action with respect
        to such Holder under the provisions of this Agreement so long as the Transfer
        was registered after receipt of the related Transfer Affidavit. The Trustee
        shall be entitled but not obligated to recover from any Holder of a Residual
        Certificate that was in fact not a Permitted Transferee at the time it became
        a
        Holder or, at such subsequent time as it became other than a Permitted
        Transferee, all payments made on such Residual Certificate at and after either
        such time. Any such payments so recovered by the Trustee shall be paid and
        delivered by the Trustee to the last preceding Permitted Transferee of such
        Certificate.

       

      (v)  The
        Master Servicer shall make available within 60 days of written request from
        the
        Trustee, all information necessary to compute any tax imposed under Section
        860E(e) of the Code as a result of a Transfer of an Ownership Interest in
        a
        Residual Certificate to any Holder who is not a Permitted
        Transferee.

       

      The
        restrictions on Transfers of a Residual Certificate set forth in this Section
        6.02(i) shall cease to apply (and the applicable portions of the legend on
        a
        Residual Certificate may be deleted) with respect to Transfers occurring
        after
        delivery to the Trustee of an Opinion of Counsel addressed to the Trustee,
        which
        Opinion of Counsel shall not be an expense of the Trustee, the Sellers or
        the
        Master Servicer to the effect that the elimination of such restrictions,
        or any
        Transfer allowed by the elimination of such restrictions, will not cause
        REMIC
        I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII,
        REMIC IX or REMIC X, as applicable, to fail to qualify as a REMIC at any
        time
        that the Certificates are outstanding or result in the imposition of any
        tax on
        the Trust Fund, a Certificateholder or another Person. Each Person holding
        or
        acquiring any Ownership Interest in a Residual Certificate hereby consents
        to
        any amendment of this Agreement that, based on an Opinion of Counsel addressed
        to the Trustee and furnished to the Trustee, is reasonably necessary (a)
        to
        ensure that the record ownership of, or any beneficial interest in, a Residual
        Certificate is not transferred, directly or indirectly, to a Person that
        is not
        a Permitted Transferee and (b) to provide for a means to compel the Transfer
        of
        a Residual Certificate that is held by a Person that is not a Permitted
        Transferee to a Holder that is a Permitted Transferee.

       

      (j)  The
        preparation and delivery of all certificates and opinions referred to above
        in
        this Section 6.02 shall not be an expense of the Trust Fund, the Trustee,
        the
        Depositor, the Sellers or the Master Servicer.

       

      Section
        6.03  Mutilated,
        Destroyed, Lost or Stolen Certificates. 

       

      If
        (a)
        any mutilated Certificate is surrendered to the Trustee, or the Trustee receives
        evidence to its satisfaction of the destruction, loss or theft of any
        Certificate and of the ownership thereof and (b) there is delivered to the
        Trustee such security or indemnity as may be required by them to save each
        of
        them harmless, then, in the absence of notice to the Trustee that such
        Certificate has been acquired by a bona fide purchaser, the Trustee shall
        execute, authenticate and deliver, in exchange for or in lieu of any such
        mutilated, destroyed, lost or stolen Certificate, a new Certificate of like
        Class, tenor and Percentage Interest. In connection with the issuance of
        any new
        Certificate under this Section 6.03, the Trustee may require the payment
        of a
        sum sufficient to cover any tax or other governmental charge that may be
        imposed
        in relation thereto and any other expenses (including the fees and expenses
        of
        the Trustee) connected therewith. Any replacement Certificate issued pursuant
        to
        this Section 6.03 shall constitute complete and indefeasible evidence of
        ownership in the Trust Fund, as if originally issued, whether or not the
        lost,
        stolen or destroyed Certificate shall be found at any time. All Certificates
        surrendered to the Trustee under the terms of this Section 6.03 shall be
        canceled and destroyed by the Trustee in accordance with its standard procedures
        without liability on its part.

       

      Section
        6.04  Persons
        Deemed Owners. 

       

      The
        Trustee and any agent of the Trustee may treat the person in whose name any
        Certificate is registered as the owner of such Certificate for the purpose
        of
        receiving distributions as provided in this Agreement and for all other purposes
        whatsoever, and neither the Trustee nor any agent of the Trustee shall be
        affected by any notice to the contrary.

       

      Section
        6.05  Access
        to List of Certificateholders’ Names and Addresses. 

       

      If
        three
        or more Certificateholders (a) request such information in writing from the
        Trustee, (b) state that such Certificateholders desire to communicate with
        other
        Certificateholders with respect to their rights under this Agreement or under
        the Certificates, and (c) provide a copy of the communication that such
        Certificateholders propose to transmit or if the Depositor or the Master
        Servicer shall request such information in writing from the Trustee, then
        the
        Trustee shall, within ten Business Days after the receipt of such request,
        provide the Depositor, the Master Servicer or such Certificateholders at
        such
        recipients’ expense the most recent list of the Certificateholders of the Trust
        Fund held by the Trustee, if any. The Depositor and every Certificateholder,
        by
        receiving and holding a Certificate, agree that the Trustee shall not be
        held
        accountable by reason of the disclosure of any such information as to the
        list
        of the Certificateholders hereunder, regardless of the source from which
        such
        information was derived.

       

      Section
        6.06  Book-Entry
        Certificates. 

       

      The
        Regular Certificates (other than the than the Class I-M-10, Class I-M-11,
        Class
        II-M-10, Class II-M-11, Class CE and Class P Certificates), upon original
        issuance, shall be issued in the form of one or more typewritten Certificates
        representing the Book-Entry Certificates, to be delivered to the Depository
        by
        or on behalf of the Depositor. Such Certificates shall initially be registered
        on the Certificate Register in the name of the Depository or its nominee,
        and no
        Certificate Owner of such Certificates will receive a definitive certificate
        representing such Certificate Owner’s interest in such Certificates, except as
        provided in Section 6.08. Unless and until definitive, fully registered
        Certificates (“Definitive Certificates”) have been issued to the Certificate
        Owners of such Certificates pursuant to Section 6.08:

       

      (a)  the
        provisions of this Section shall be in full force and effect;

       

      (b)  the
        Depositor and the Trustee may deal with the Depository and the Depository
        Participants for all purposes (including the making of distributions) as
        the
        authorized representative of the respective Certificate Owners of such
        Certificates;

       

      (c)  registration
        of the Book-Entry Certificates may not be transferred by the Trustee except
        to
        another Depository;

       

      (d)  the
        rights of the respective Certificate Owners of such Certificates shall be
        exercised only through the Depository and the Depository Participants and
        shall
        be limited to those established by law and agreements between the Owners
        of such
        Certificates and the Depository and/or the Depository Participants. Pursuant
        to
        the Depository Agreement, unless and until Definitive Certificates are issued
        pursuant to Section 6.08, the Depository will make book-entry transfers among
        the Depository Participants and receive and transmit distributions of principal
        and interest on the related Certificates to such Depository
        Participants;

       

      (e)  the
        Depository may collect its usual and customary fees, charges and expenses
        from
        its Depository Participants;

       

      (f)  the
        Trustee may rely and shall be fully protected in relying upon information
        furnished by the Depository with respect to its Depository Participants;
        and

       

      (g)  to
        the
        extent that the provisions of this Section conflict with any other provisions
        of
        this Agreement, the provisions of this Section shall control.

       

      For
        purposes of any provision of this Agreement requiring or permitting actions
        with
        the consent of, or at the direction of, Certificateholders evidencing a
        specified percentage of the aggregate unpaid principal amount of any Class
        of
        Certificates, such direction or consent may be given by Certificate Owners
        (acting through the Depository and the Depository Participants) owning
        Book-Entry Certificates evidencing the requisite percentage of principal
        amount
        of such Class of Certificates.

       

      The
        Private Certificates shall initially be held in fully registered certificated
        form. If at any time the Holders of all of the Certificates of one or more
        such
        Classes request that the Trustee cause such Class to become Global Certificates,
        the Depositor (with the assistance of the Trustee) will take such action
        as may
        be reasonably required to cause the Depository to accept such Class or Classes
        for trading if it may legally be so traded. If at anytime there are to be
        Global
        Certificates, the Global Certificates shall be delivered to the Depository
        by
        the Depositor or deposited with the Trustee as custodian for the
        Depository.

       

      All
        transfers by Certificate Owners of such respective Classes of Book-Entry
        Certificates and any Global Certificates shall be made in accordance with
        the
        procedures established by the Depository Participant or brokerage firm
        representing such Certificate Owners. Each Depository Participant shall only
        transfer Book-Entry Certificates of Certificate Owners it represents or of
        brokerage firms for which it acts as agent in accordance with the Depository’s
        normal procedures.

       

      Section
        6.07  Notices
        to Depository. 

       

      Whenever
        any notice or other communication is required to be given to Certificateholders
        of a Class with respect to which Book-Entry Certificates have been issued,
        unless and until Definitive Certificates shall have been issued to the related
        Certificate Owners, the Trustee shall give all such notices and communications
        to the Depository.

       

      Section
        6.08  Definitive
        Certificates. 

       

      If,
        after
        Book-Entry Certificates have been issued with respect to any Certificates,
        (a)
        the Depositor or the Depository advises the Trustee that the Depository is
        no
        longer willing or able to discharge properly its responsibilities under the
        Depository Agreement with respect to such Certificates and the Depositor
        is
        unable to locate a qualified successor or (b) the Depositor, with the consent
        of
        Depository Participants, advises the Trustee that it elects to terminate
        the
        book-entry system with respect to such Certificates through the Depository,
        then
        the Trustee shall notify all Certificate Owners of such Certificates, through
        the Depository, of the occurrence of any such event and of the availability
        of
        Definitive Certificates to applicable Certificate Owners requesting the same.
        The Depositor shall provide the Trustee with an adequate inventory of
        certificates to facilitate the issuance and transfer of Definitive Certificates.
        Upon surrender to the Trustee of any such Certificates by the Depository,
        accompanied by registration instructions from the Depository for registration,
        the Trustee shall countersign and deliver such Definitive Certificates. Neither
        the Depositor nor the Trustee shall be liable for any delay in delivery of
        such
        instructions and each may conclusively rely on, and shall be protected in
        relying on, such instructions.

       

      In
        addition, if an Event of Default has occurred and is continuing, each
        Certificate Owner materially adversely affected thereby may at its option
        request a Definitive Certificate evidencing such Certificate Owner’s Voting
        Rights in the related Class of Certificates. In order to make such request,
        such
        Certificate Owner shall, subject to the rules and procedures of the Depository,
        provide the Depository or the related Depository Participant with directions
        for
        the Trustee to exchange or cause the exchange of the Certificate Owner’s
        interest in such Class of Certificates for an equivalent Voting Right in
        fully
        registered definitive form. Upon receipt by the Trustee of instructions from
        the
        Depository directing the Trustee to effect such exchange (such instructions
        to
        contain information regarding the Class of Certificates and the Certificate
        Principal Balance being exchanged, the Depository Participant account to
        be
        debited with the decrease, the registered Holder of and delivery instructions
        for the definitive Certificate, and any other information reasonably required
        by
        the Trustee), (i) the Trustee shall instruct the Depository to reduce the
        related Depository Participant’s account by the aggregate Certificate Principal
        Balance of the definitive Certificate, (ii) the Trustee shall execute,
        authenticate and deliver, in accordance with the registration and delivery
        instructions provided by the Depository, a definitive Certificate evidencing
        such Certificate Owner’s Voting Rights in such Class of Certificates and (iii)
        the Trustee shall execute and authenticate a new Book-Entry Certificate
        reflecting the reduction in the Certificate Principal Balance of such Class
        of
        Certificates by the amount of the definitive Certificates.

       

      Section
        6.09  Maintenance
        of Office or Agency. 

       

      The
        Trustee will maintain or cause to be maintained at its expense an office
        or
        offices or agency or agencies at the Corporate Trust Office where Certificates
        may be surrendered for registration of transfer or exchange. The Trustee
        initially designates its Corporate Trust Office, as the office for such
        purposes. The Trustee will give prompt written notice to the Certificateholders
        of any change in such location of any such office or agency.

       

      ARTICLE
        VII

       

      THE
        DEPOSITOR AND THE MASTER SERVICER

       

      Section
        7.01  Liabilities
        of the Depositor and the Master Servicer. 

       

      Each
        of
        the Depositor, and the Master Servicer shall be liable in accordance herewith
        only to the extent of the obligations specifically imposed upon and undertaken
        by it herein.

       

      Section
        7.02  Merger
        or Consolidation of the Depositor or the Master Servicer. 

       

      (a)  Each
        of
        the Depositor and the Master Servicer will keep in full force and effect
        its
        existence, rights and franchises as a corporation under the laws of the state
        of
        its incorporation, and will obtain and preserve its qualification to do business
        as a foreign corporation in each jurisdiction in which such qualification
        is or
        shall be necessary to protect the validity and enforceability of this Agreement,
        the Certificates or any of the Mortgage Loans and to perform its duties under
        this Agreement.

       

      (b)  Any
        Person into which the Depositor or the Master Servicer may be merged or
        consolidated, or any corporation resulting from any merger or consolidation
        to
        which the Depositor or the Master Servicer shall be a party, or any Person
        succeeding to the business of the Depositor or the Master Servicer, shall
        be the
        successor of the Depositor or the Master Servicer hereunder, without the
        execution or filing of any paper or further act on the part of any of the
        parties hereto, anything herein to the contrary notwithstanding.

       

      Section
        7.03  Indemnification
        of the Trustee and the Master Servicer. 

       

      (a)  The
        Master Servicer agrees to indemnify the Indemnified Persons including LaSalle
        Bank National Association as Trustee and in its individual capacity only
        to the
        extent of its performance of its duties hereunder, and to hold them harmless
        against, any loss, liability or expense (including reasonable legal fees
        and
        disbursements of counsel) incurred on their part that may be sustained in
        connection with, arising out of, or relating to, any claim or legal action
        (including any pending or threatened claim or legal action) relating to this
        Agreement, including any powers of attorney delivered pursuant to this
        Agreement, the Custodial Agreement or the Certificates (i) related to the
        Master
        Servicer’s failure to perform its duties in compliance with this Agreement
        (except as any such loss, liability or expense shall be otherwise reimbursable
        pursuant to this Agreement) or (ii) incurred by reason of the Master Servicer’s
        willful misfeasance, bad faith or gross negligence in the performance of
        duties
        hereunder or by reason of reckless disregard of obligations and duties
        hereunder, provided, in each case, that with respect to any such claim or
        legal
        action (or pending or threatened claim or legal action), the Trustee shall
        have
        given the Master Servicer and the Seller written notice thereof promptly
        after
        the Trustee shall have with respect to such claim or legal action knowledge
        thereof; provided, however that the failure to give such notice shall not
        relieve the Master Servicer of its indemnification obligations hereunder.
        This
        indemnity shall survive the resignation or removal of the Trustee or Master
        Servicer and the termination of this Agreement.

       

      (b)  The
        Seller will indemnify any Indemnified Person including LaSalle Bank National
        Association as Trustee and in its individual capacity only to the extent
        of its
        performance of its duties hereunder for any loss, liability or expense of
        any
        Indemnified Person not otherwise paid or covered pursuant to subsection (a)
        above.

       

      Section
        7.04  Limitations
        on Liability of the Depositor, the Master Servicer and Others. 

       

      Subject
        to the obligation of the Master Servicer to indemnify the Indemnified Persons
        pursuant to Section 7.03:

       

      (a)  Neither
        the Depositor, the Master Servicer nor any of the directors, officers, employees
        or agents of the Depositor and the Master Servicer shall be under any liability
        to the Indemnified Persons, the Trust Fund or the Certificateholders for
        taking
        any action or for refraining from taking any action in good faith pursuant
        to
        this Agreement, or for errors in judgment; provided, however, that this
        provision shall not protect the Depositor, the Master Servicer or any such
        Person against any breach of warranties or representations made herein or
        any
        liability which would otherwise be imposed by reason of such Person’s willful
        misfeasance, bad faith or gross negligence in the performance of duties or
        by
        reason of reckless disregard of obligations and duties hereunder.

       

      (b)  The
        Depositor, the Master Servicer and any director, officer, employee or agent
        of
        the Depositor and the Master Servicer may rely in good faith on any document
        of
        any kind prima facie properly executed and submitted by any Person respecting
        any matters arising hereunder.

       

      (c)  The
        Depositor, the Master Servicer, LaSalle Bank National Association as Trustee
        and
        in its individual capacity only to the extent of its performance of its duties
        hereunder, the Custodian and any director, officer, employee or agent of
        the
        Depositor, the Master Servicer, the Trustee, the Custodian shall be indemnified
        by the Trust and held harmless thereby against any loss, liability or expense
        (including reasonable legal fees and disbursements of counsel) incurred on
        their
        part that may be sustained in connection with, arising out of, or related
        to,
        any claim or legal action (including any pending or threatened claim or legal
        action) relating to this Agreement, the Custodial Agreement or the Certificates,
        other than (i) in the case of the Master Servicer, (x) any such loss, liability
        or expense related to the Master Servicer’s failure to perform its duties in
        compliance with this Agreement (except as any such loss, liability or expense
        shall be otherwise reimbursable pursuant to this Agreement) or (y) any such
        loss, liability or expense incurred by reason of the Master Servicer’s willful
        misfeasance, bad faith or gross negligence in the performance of duties
        hereunder, or by reason of reckless disregard of obligations and duties
        hereunder, (ii) in the case of the Trustee, any such loss, liability or expense
        incurred by reason of the Trustee’s willful misfeasance, bad faith or negligence
        in the performance of its duties hereunder, or by reason of its reckless
        disregard of obligations and duties hereunder and (iii) in the case of the
        Custodian, any such loss, liability or expense incurred by reason of the
        Custodian’s willful misfeasance, bad faith or negligence in the performance of
        its duties under the Custodial Agreement, or by reason of its reckless disregard
        of obligations and duties thereunder.

       

      (d)  Neither
        the Depositor nor the Master Servicer shall be under any obligation to appear
        in, prosecute or defend any legal action that is not incidental to its duties
        under this Agreement and that in its opinion may involve it in any expense
        or
        liability; provided, however, the Master Servicer may in its discretion,
        with
        the consent of the Trustee (which consent shall not be unreasonably withheld),
        undertake any such action which it may deem necessary or desirable with respect
        to this Agreement and the rights and duties of the parties hereto and the
        interests of the Certificateholders hereunder. In such event, the legal expenses
        and costs of such action and any liability resulting therefrom (expect any
        loss,
        liability or expense incurred by reason of reckless disregard of obligations
        and
        duties hereunder) shall be expenses, costs and liabilities of the Trust Fund,
        and the Master Servicer shall be entitled to be reimbursed therefor out of
        the
        Protected Account as provided by Section 4.02. Nothing in this subsection
        7.04(d) shall affect the Master Servicer’s obligation to service and administer
        the Mortgage Loans pursuant to Article III.

       

      (e)  In
        taking
        or recommending any course of action pursuant to this Agreement, unless
        specifically required to do so pursuant to this Agreement, the Master Servicer
        shall not be required to investigate or make recommendations concerning
        potential liabilities which the Trust might incur as a result of such course
        of
        action by reason of the condition of the Mortgaged Properties but shall give
        notice to the Trustee if it has notice of such potential
        liabilities.

       

      Section
        7.05  Master
        Servicer Not to Resign. 

       

      Except
        as
        provided in Section 7.07, the Master Servicer shall not resign from the
        obligations and duties hereby imposed on it except (i) with the prior consent
        of
        the Trustee (which consents shall not be unreasonably withheld) or (ii) upon
        a
        determination that any such duties hereunder are no longer permissible under
        applicable law and such impermissibility cannot be cured. Any such determination
        permitting the resignation of the Master Servicer shall be evidenced by an
        Opinion of Counsel, addressed to and delivered to, the Trustee. No such
        resignation by the Master Servicer shall become effective until the Trustee
        or a
        successor to the Master Servicer reasonably satisfactory to the Trustee shall
        have assumed the responsibilities and obligations of the Master Servicer
        in
        accordance with Section 8.02 hereof. The Trustee shall notify the Rating
        Agencies of the resignation of the Master Servicer.

       

      Section
        7.06  Successor
        Master Servicer. 

       

      In
        connection with the appointment of any Successor Master Servicer or the
        assumption of the duties of the Master Servicer, the Trustee may make such
        arrangements for the compensation of such Successor Master Servicer out of
        payments on the Mortgage Loans as the Trustee and such Successor Master Servicer
        shall agree. If the Successor Master Servicer does not agree that such market
        value is a fair price, such Successor Master Servicer shall obtain two
        quotations of market value from third parties actively engaged in the servicing
        of single family mortgage loans. In no event shall the compensation of any
        Successor Master Servicer exceed that permitted the Master Servicer hereunder
        without the consent of all of the Certificateholders.

       

      Section
        7.07  Sale
        and Assignment of Master Servicing. 

       

      The
        Master Servicer may sell and assign its rights and delegate its duties and
        obligations in its entirety as Master Servicer under this Agreement; provided,
        however, that: (i) the purchaser or transferee accepting such assignment
        and
        delegation (a) shall be a Person which shall be qualified to service mortgage
        loans for Fannie Mae or Freddie Mac; (b) shall have a net worth of not less
        than
        $15,000,000 (unless otherwise approved by each Rating Agency pursuant to
        clause
        (ii) below); (c) shall be reasonably satisfactory to the Trustee (as evidenced
        in a writing signed by the Trustee); and (d) shall execute and deliver to
        the
        Trustee an agreement, in form and substance reasonably satisfactory to the
        Trustee, which contains an assumption by such Person of the due and punctual
        performance and observance of each covenant and condition to be performed
        or
        observed by it as master servicer under this Agreement, any custodial agreement
        from and after the effective date of such agreement; (ii) each Rating Agency
        shall be given prior written notice of the identity of the proposed successor
        to
        the Master Servicer and each Rating Agency’s rating of the Certificates in
        effect immediately prior to such assignment, sale and delegation will not
        be
        downgraded, qualified or withdrawn as a result of such assignment, sale and
        delegation, as evidenced by a letter to such effect delivered to the Master
        Servicer and the Trustee (at the expense of the Master Servicer); and (iii)
        the
        Master Servicer assigning and selling the master servicing shall deliver
        to the
        Trustee an Officer’s Certificate and an Opinion of Counsel addressed to the
        Trustee, each stating that all conditions precedent to such action under
        this
        Agreement have been completed and such action is permitted by and complies
        with
        the terms of this Agreement. No such assignment or delegation shall affect
        any
        liability of the Master Servicer arising prior to the effective date
        thereof.

       

      ARTICLE
        VIII

       

      DEFAULT;
        TERMINATION OF MASTER SERVICER

       

      Section
        8.01  Events
        of Default. 

       

      “Event
        of
        Default,” wherever used herein, means any one of the following
        events:

       

      (i)  any
        failure by the Master Servicer to remit to the Trustee any amounts received
        or
        collected by the Master Servicer in respect of the Mortgage Loans and required
        to be remitted by it hereunder (other than any Advance), which failure shall
        continue unremedied for one Business Day after the date on which written
        notice
        of such failure shall have been given to the Master Servicer by the Trustee
        or
        the Depositor, or to the Trustee and the Master Servicer by the Holders of
        Certificates evidencing not less than 25% of the Voting Rights evidenced
        by the
        Certificates;

       

      (ii)  other
        than with respect to clause (vii) below, any failure by the Master Servicer
        to
        observe or perform in any material respect any other of the covenants or
        agreements on the part of the Master Servicer contained in this Agreement
        or any
        breach of a representation or warranty by the Master Servicer, which failure
        or
        breach shall continue unremedied for a period of 60 days after the date on
        which
        written notice of such failure shall have been given to Master Servicer by
        the
        Trustee or the Depositor, or to the Trustee and the Master Servicer by the
        Holders of Certificates evidencing not less than 25% of the Voting Rights
        evidenced by the Certificates;

       

      (iii)  a
        decree
        or order of a court or agency or supervisory authority having jurisdiction
        in
        the premises for the appointment of a receiver or liquidator in any insolvency,
        readjustment of debt, marshalling of assets and liabilities or similar
        proceedings, or for the winding-up or liquidation of its affairs, shall have
        been entered against the Master Servicer and such decree or order shall have
        remained in force undischarged or unstayed for a period of 60 consecutive
        days;

       

      (iv)  the
        Master Servicer shall consent to the appointment of a receiver or liquidator
        in
        any insolvency, readjustment of debt, marshalling of assets and liabilities
        or
        similar proceedings of or relating to the Master Servicer or all or
        substantially all of the property of the Master Servicer;

       

      (v)  the
        Master Servicer shall admit in writing its inability to pay its debts generally
        as they become due, file a petition to take advantage of, or commence a
        voluntary case under, any applicable insolvency or reorganization statute,
        make
        an assignment for the benefit of its creditors, or voluntarily suspend payment
        of its obligations;

       

      (vi)  the
        Master Servicer assigns or delegates its duties or rights under this Agreement
        in contravention of the provisions permitting such assignment or delegation
        under Sections 7.05 or 7.07; 

       

      (vii)  failure
        by the Master Servicer to duly perform, within the required time period,
        its
        obligations under Sections 3.13, 3.14 or 3.16 set forth under such Sections;
        or

       

      (viii)  The
        Master Servicer fails to deposit, or cause to be deposited, in the Distribution
        Account any Advance (other than a Nonrecoverable Advance) by 5:00 p.m. New
        York
        City time on the Distribution Account Deposit Date.

       

      If
        an
        Event of Default shall occur, then, and in each and every such case, so long
        as
        such Event of Default shall not have been remedied, the Trustee may, and
        at the
        direction of the Holders of Certificates evidencing not less than 25% of
        the
        Voting Rights evidenced by the Certificates, the Trustee shall in the case
        of
        any Event of Default described in clauses (i) through (vii) above, by notice
        in
        writing to the Master Servicer and each Swap Provider (with a copy to each
        Rating Agency), terminate all of the rights and obligations of the Master
        Servicer under this Agreement and in and to the Mortgage Loans and the proceeds
        thereof, other than its rights as a Certificateholder hereunder. On or after
        the
        receipt by the Master Servicer of such written notice, all authority and
        power
        of the Master Servicer hereunder, whether with respect to the Mortgage Loans
        or
        otherwise, shall pass to and be vested in the Trustee, or any successor
        appointed pursuant to Section 8.02 (a “Successor Master Servicer”). Such
        Successor Master Servicer shall thereupon if such Successor Master Servicer
        is a
        successor to the Master Servicer, make any Advance required by Article V,
        subject, in the case of the Trustee, to Section 8.02. The Trustee is hereby
        authorized and empowered to execute and deliver, on behalf of the terminated
        Master Servicer, as attorney- in-fact or otherwise, any and all documents
        and
        other instruments, and to do or accomplish all other acts or things necessary
        or
        appropriate to effect the purposes of such notice of termination, whether
        to
        complete the transfer and endorsement or assignment of any Mortgage Loans
        and
        related documents, or otherwise. Unless expressly provided in such written
        notice, no such termination shall affect any obligation of the Master Servicer
        to pay amounts owed pursuant to Article VII or Article IX. The Master Servicer
        agrees to cooperate with the Trustee in effecting the termination of the
        Master
        Servicer’s responsibilities and rights hereunder, including, without limitation,
        the transfer to the applicable Successor Master Servicer of all cash amounts
        which shall at the time be credited to the Protected Account maintained pursuant
        to Section 4.02, or thereafter be received with respect to the applicable
        Mortgage Loans. The Trustee shall promptly notify the Rating Agencies of
        the
        occurrence of an Event of Default known to the Trustee.

       

      Notwithstanding
        any termination of the activities of the Master Servicer hereunder, the Master
        Servicer shall be entitled to receive, out of any late collection of a Scheduled
        Payment on a Mortgage Loan that was due prior to the notice terminating the
        Master Servicer’s rights and obligations as Master Servicer hereunder and
        received after such notice, that portion thereof to which the Master Servicer
        would have been entitled pursuant to Sections 4.02 and to receive any other
        amounts payable to the Master Servicer hereunder the entitlement to which
        arose
        prior to the termination of its activities hereunder.

       

      Notwithstanding
        the foregoing, if an Event of Default described in clause (viii) of this
        Section
        8.01 shall occur, the Trustee shall, by notice in writing to the Master
        Servicer, which may be delivered by telecopy, immediately terminate all of
        the
        rights and obligations of the Master Servicer thereafter arising under this
        Agreement, but without prejudice to any rights it may have as a
        Certificateholder or to reimbursement of Advances and other advances of its
        own
        funds, and the Trustee shall act as provided in Section 8.02 to carry out
        the
        duties of the Master Servicer, including the obligation to make any Advance
        the
        nonpayment of which was an Event of Default described in clause (viii) of
        this
        Section 8.01. Any such action taken by the Trustee must be prior to the
        distribution on the relevant Distribution Date.

       

      Section
        8.02  Trustee
        to Act; Appointment of Successor. 

       

      On
        and
        after the time the Master Servicer receives a notice of termination pursuant
        to
        Section 8.01 hereof the Trustee shall automatically become the successor
        to the
        Master Servicer with respect to the transactions set forth or provided for
        herein and after a transition period (not to exceed 90 days), shall be subject
        to all the responsibilities, duties and liabilities relating thereto placed
        on
        the Master Servicer by the terms and provisions hereof; provided, however
        that,
        pursuant to Article V hereof, the Trustee in its capacity as Successor Master
        Servicer shall be responsible for making any Advances required to be made
        by the
        Master Servicer immediately upon the termination of the Master Servicer and
        any
        such Advance shall be made on the Distribution Date on which such Advance
        was
        required to be made by the predecessor Master Servicer. Effective on the
        date of
        such notice of termination, as compensation therefor, the Trustee shall be
        entitled to all compensation, reimbursement of expenses and indemnification
        that
        the Master Servicer would have been entitled to if it had continued to act
        hereunder, provided, however, that the Trustee shall not be (i) liable for
        any
        acts or omissions of the Master Servicer, (ii) obligated to make Advances
        if it
        is prohibited from doing so under applicable law, (iii) responsible for expenses
        of the Master Servicer pursuant to Section 2.03 or (iv) obligated to deposit
        losses on any Permitted Investment directed by the Master Servicer.
        Notwithstanding the foregoing, the Trustee may, if it shall be unwilling
        to so
        act, or shall, if it is prohibited by applicable law from making Advances
        pursuant to Article V or if it is otherwise unable to so act, appoint, or
        petition a court of competent jurisdiction to appoint, any established mortgage
        loan servicing institution the appointment of which does not adversely affect
        the then current rating of the Certificates by each Rating Agency as the
        successor to the Master Servicer hereunder in the assumption of all or any
        part
        of the responsibilities, duties or liabilities of the Master Servicer hereunder.
        Any Successor Master Servicer shall (i) be an institution that is a Fannie
        Mae
        and Freddie Mac approved seller/servicer in good standing, that has a net
        worth
        of at least $15,000,000, (ii) be acceptable to the Trustee (which consent
        shall
        not be unreasonably withheld) and (iii) be willing to act as successor servicer
        of any Mortgage Loans under this Agreement, and shall have executed and
        delivered to the Depositor and the Trustee an agreement accepting such
        delegation and assignment, that contains an assumption by such Person of
        the
        rights, powers, duties, responsibilities, obligations and liabilities of
        the
        Master Servicer (other than any liabilities of the Master Servicer hereof
        incurred prior to termination of the Master Servicer under Section 8.01 or as
        otherwise set forth herein), with like effect as if originally named as a
        party
        to this Agreement, provided that each Rating Agency shall have acknowledged
        in
        writing that its rating of the Certificates in effect immediately prior to
        such
        assignment and delegation will not be qualified or reduced as a result of
        such
        assignment and delegation. If the Trustee assumes the duties and
        responsibilities of the Master Servicer in accordance with this Section 8.02,
        the Trustee shall not resign as Master Servicer until a Successor Master
        Servicer has been appointed and has accepted such appointment. Pending
        appointment of a successor to the Master Servicer hereunder, the Trustee,
        unless
        the Trustee is prohibited by law from so acting, shall act in such capacity
        as
        hereinabove provided. In connection with such appointment and assumption,
        the
        Trustee may make such arrangements for the compensation of such successor
        out of
        payments on Mortgage Loans or otherwise as it and such successor shall agree;
        provided that no such compensation unless agreed to by the Certificateholders
        shall be in excess of that permitted the Master Servicer hereunder. The Trustee
        and such successor shall take such action, consistent with this Agreement,
        as
        shall be necessary to effectuate any such succession. Neither the Trustee
        nor
        any other Successor Master Servicer shall be deemed to be in default hereunder
        by reason of any failure to make, or any delay in making, any distribution
        hereunder or any portion thereof or any failure to perform, or any delay
        in
        performing, any duties or responsibilities hereunder, in either case caused
        by
        the failure of the Master Servicer to deliver or provide, or any delay in
        delivering or providing, any cash, information, documents or records to
        it.

       

      The
        costs
        and expenses of the Trustee in connection with the termination of the Master
        Servicer, appointment of a Successor Master Servicer and, if applicable,
        any
        transfer of servicing, including, without limitation, all costs and expenses
        associated with the complete transfer of all servicing data and the completion,
        correction or manipulation of such servicing data as may be required by the
        Trustee to correct any errors or insufficiencies in the servicing data or
        otherwise to enable the Trustee or the Successor Master Servicer to service
        the
        Mortgage Loans properly and effectively, to the extent not paid by the
        terminated Master Servicer, shall be payable to the Trustee pursuant to Section
        9.05. Any successor to the Master Servicer as successor servicer under any
        Subservicing Agreement shall give notice to the applicable Mortgagors of
        such
        change of servicer and shall, during the term of its service as successor
        servicer maintain in force the policy or policies that the Master Servicer
        is
        required to maintain pursuant to Section 3.08.

       

      Section
        8.03  Notification
        to Certificateholders. 

       

      (a)  Upon
        any
        termination of or appointment of a successor to the Master Servicer, the
        Trustee
        shall give prompt written notice thereof to Certificateholders, each Swap
        Provider and to each Rating Agency.

       

      (b)  Within
        60
        days after the occurrence of any Event of Default, the Trustee shall transmit
        by
        mail to all Certificateholders and each Swap Provider notice of each such
        Event
        of Default hereunder actually known to a Responsible Officer of the Trustee,
        unless such Event of Default shall have been cured or waived.

       

      Section
        8.04  Waiver
        of Defaults. 

       

      The
        Trustee shall transmit by mail to all Certificateholders and each Swap Provider,
        within 60 days after the occurrence of any Event of Default actually known
        to a
        Responsible Officer of the Trustee, unless such Event of Default shall have
        been
        cured, notice of each such Event of Default hereunder known to the Trustee.
        The
        Holders of Certificates evidencing not less than 51% of the Voting Rights
        may,
        on behalf of all Certificateholders, waive any default by the Master Servicer
        in
        the performance of its obligations hereunder and the consequences thereof,
        except a default in the making of or the causing to be made of any required
        distribution on the Certificates. Upon any such waiver of a past default,
        such
        default shall be deemed to cease to exist, and any Event of Default arising
        therefrom shall be deemed to have been timely remedied for every purpose
        of this
        Agreement. No such waiver shall extend to any subsequent or other default
        or
        impair any right consequent thereon except to the extent expressly so waived.
        The Trustee shall give notice of any such waiver to the Rating
        Agencies.

       

      ARTICLE
        IX

      CONCERNING
        THE TRUSTEE

       

      Section
        9.01  Duties
        of Trustee. 

       

      (a)  The
        Trustee, prior to the occurrence of an Event of Default and after the curing
        or
        waiver of all Events of Default which may have occurred, undertakes to perform
        such duties and only such duties as are specifically set forth in this Agreement
        as duties of the Trustee. If an Event of Default has occurred and has not
        been
        cured or waived, the Trustee shall exercise such of the rights and powers
        vested
        in it by this Agreement, and the same degree of care and skill in their
        exercise, as a prudent person would exercise under the circumstances in the
        conduct of such Person’s own affairs.

       

      (b)  Upon
        receipt of all resolutions, certificates, statements, opinions, reports,
        documents, orders or other instruments which are specifically required to
        be
        furnished to the Trustee pursuant to any provision of this Agreement, the
        Trustee shall examine them to determine whether they are in the form required
        by
        this Agreement; provided, however, that the Trustee shall not be responsible
        for
        the accuracy or content of any resolution, certificate, statement, opinion,
        report, document, order or other instrument furnished by the Master Servicer;
        provided, further, that the Trustee shall not be responsible for the accuracy
        or
        verification of any calculation provided to it pursuant to this
        Agreement.

       

      (c)  On
        each
        Distribution Date, the Trustee shall make monthly distributions and the final
        distribution to the Certificateholders from funds in the Distribution Account
        as
        provided in Sections 5.04 and 10.01 herein.

       

      (d)  No
        provision of this Agreement shall be construed to relieve the Trustee from
        liability for its own negligent action, its own negligent failure to act
        or its
        own willful misconduct; provided, however, that:

       

      (i)  Prior
        to
        the occurrence of an Event of Default, and after the curing or waiver of
        all
        such Events of Default which may have occurred, the duties and obligations
        of
        the Trustee shall be determined solely by the express provisions of this
        Agreement, the Trustee shall not be liable except for the performance of
        their
        respective duties and obligations as are specifically set forth in this
        Agreement, no implied covenants or obligations shall be read into this Agreement
        against the Trustee and, in the absence of bad faith on the part of the Trustee,
        the Trustee may conclusively rely, as to the truth of the statements and
        the
        correctness of the opinions expressed therein, upon any certificates or opinions
        furnished to the Trustee and conforming to the requirements of this
        Agreement;

       

      (ii)  The
        Trustee shall not be liable in its individual capacity for an error of judgment
        made in good faith by a Responsible Officer or Responsible Officers of the
        Trustee unless it shall be proved that the Trustee was negligent in ascertaining
        the pertinent facts;

       

      (iii)  The
        Trustee shall not be liable with respect to any action taken, suffered or
        omitted to be taken by it in good faith in accordance with the directions
        of the
        Holders of Certificates evidencing not less than 25% of the aggregate Voting
        Rights of the Certificates (or such other percentage as specifically set
        forth
        herein), if such action or non-action relates to the time, method and place
        of
        conducting any proceeding for any remedy available to the Trustee or exercising
        any trust or other power conferred upon the Trustee under this
        Agreement;

       

      (iv)  The
        Trustee shall not be required to take notice or be deemed to have notice
        or
        knowledge of any default or Event of Default unless a Responsible Officer
        of the
        Trustee shall have actual knowledge thereof. In the absence of such knowledge,
        the Trustee may conclusively assume there is no such default or Event of
        Default;

       

      (v)  The
        Trustee shall not in any way be liable by reason of any insufficiency in
        any
        Account held by or in the name of Trustee unless it is determined by a court
        of
        competent jurisdiction in a non-appealable judgment that the Trustee’s
        negligence or willful misconduct was the primary cause of such insufficiency
        (except to the extent that the Trustee is obligor and has defaulted
        thereon);

       

      (vi)  Anything
        in this Agreement to the contrary notwithstanding, in no event shall the
        Trustee
        be liable for special, indirect or consequential loss or damage of any kind
        whatsoever (including but not limited to lost profits), even if the Trustee
        has
        been advised of the likelihood of such loss or damage and regardless of the
        form
        of action; and

       

      (vii)  None
        of
        the Master Servicer, the Seller, the Depositor or the Trustee shall be
        responsible for the acts or omissions of the other, it being understood that
        this Agreement shall not be construed to render them partners, joint venturers
        or agents of one another.

       

      The
        Trustee shall not be required to expend or risk its own funds or otherwise
        incur
        financial liability in the performance of any of its duties hereunder, or
        in the
        exercise of any of its rights or powers, if there is reasonable ground for
        believing that the repayment of such funds or adequate indemnity against
        such
        risk or liability is not reasonably assured to it, and none of the provisions
        contained in this Agreement shall in any event require the Trustee to perform,
        or be responsible for the manner of performance of, any of the obligations
        of
        the Master Servicer.

       

      (e)  All
        funds
        received by the Trustee and required to be deposited in the Distribution
        Account
        pursuant to this Agreement will be promptly so deposited by the
        Trustee.

       

      Section
        9.02  Certain
        Matters Affecting the Trustee. 

       

      (a)  Except
        as
        otherwise provided in Section 9.01:

       

      (i)  The
        Trustee may rely and shall be protected in acting or refraining from acting
        in
        reliance on any resolution or certificate of the Seller or the Master Servicer,
        any certificates of auditors or any other certificate, statement, instrument,
        opinion, report, notice, request, consent, order, appraisal, bond or other
        paper
        or document believed by it to be genuine and to have been signed or presented
        by
        the proper party or parties;

       

      (ii)  The
        Trustee may consult with counsel and any advice of such counsel or any Opinion
        of Counsel shall be full and complete authorization and protection with respect
        to any action taken or suffered or omitted by it hereunder in good faith
        and in
        accordance with such advice or Opinion of Counsel;

       

      (iii)  The
        Trustee shall not be under any obligation to exercise any of the trusts or
        powers vested in it by this Agreement, other than its obligation to give
        notices
        pursuant to this Agreement, or to institute, conduct or defend any litigation
        hereunder or in relation hereto at the request, order or direction of any
        of the
        Certificateholders pursuant to the provisions of this Agreement, unless such
        Certificateholders shall have offered to the Trustee reasonable security
        or
        indemnity against the costs, expenses and liabilities which may be incurred
        therein or thereby. Nothing contained herein shall, however, relieve the
        Trustee
        of the obligation, upon the occurrence of an Event of Default of which a
        Responsible Officer of the Trustee has actual knowledge (which has not been
        cured or waived), to exercise such of the rights and powers vested in it
        by this
        Agreement, and to use the same degree of care and skill in their exercise,
        as a
        prudent person would exercise under the circumstances in the conduct of his
        own
        affairs;

       

      (iv)  The
        Trustee shall not be liable in its individual capacity for any action taken,
        suffered or omitted by it in good faith and believed by it to be authorized
        or
        within the discretion or rights or powers conferred upon it by this
        Agreement;

       

      (v)  The
        Trustee shall not be bound to make any investigation into the facts or matters
        stated in any resolution, certificate, statement, instrument, opinion, report,
        notice, request, consent, order, approval, bond or other paper or document,
        unless requested in writing to do so by Holders of Certificates evidencing
        not
        less than 25% of the aggregate Voting Rights of the Certificates and provided
        that the payment within a reasonable time to the Trustee of the costs, expenses
        or liabilities likely to be incurred by it in the making of such investigation
        is, in the opinion of the Trustee reasonably assured to the Trustee by the
        security afforded to it by the terms of this Agreement. The Trustee may require
        reasonable indemnity against such expense or liability as a condition to
        taking
        any such action. The reasonable expense of every such examination shall be
        paid
        by the Certificateholders requesting the investigation;

       

      (vi)  The
        Trustee may execute any of the trusts or powers hereunder or perform any
        duties
        hereunder either directly or through Affiliates, agents or attorneys; provided,
        however, that the Trustee may not appoint any paying agent to perform any
        paying
        agent functions under this Agreement without the express written consent
        of the
        Master Servicer, which consents will not be unreasonably withheld. The Trustee
        shall not be liable or responsible for the misconduct or negligence of any
        of
        the Trustee’s agents or attorneys or paying agent appointed hereunder by the
        Trustee with due care and, when required, with the consent of the Master
        Servicer;

       

      (vii)  Should
        the Trustee deem the nature of any action required on its part to be unclear,
        the Trustee may require prior to such action that it be provided by the
        Depositor with reasonable further instructions; the right of the Trustee
        to
        perform any discretionary act enumerated in this Agreement shall not be
        construed as a duty, and the Trustee shall not be accountable for other than
        its
        negligence or willful misconduct in the performance of any such
        act;

       

      (viii)  The
        Trustee shall not be required to give any bond or surety with respect to
        the
        execution of the trust created hereby or the powers granted hereunder, except
        as
        provided in subsection 9.07; and

       

      (ix)  The
        Trustee shall not have any duty to conduct any affirmative investigation
        as to
        the occurrence of any condition requiring the repurchase of any Mortgage
        Loan by
        any Person pursuant to this Agreement, or the eligibility of any Mortgage
        Loan
        for purposes of this Agreement.

       

      (b)  The
        Trustee is hereby directed by the Depositor to execute and deliver the Swap
        Administration Agreement (and any amendments or supplements to the Swap
        Administration Agreement as may be requested by the Majority Class I-CE
        Certificateholder or Majority Class II-CE Certificateholder regarding the
        distributions to be made to it or its designees thereunder). Amounts payable
        by
        the Trustee on any Distribution Date to the Swap Administrator shall be paid
        by
        the Trustee as provided herein. The Trustee in its individual capacity shall
        have no responsibility for any of the undertakings, agreements or
        representations with respect to the related Swap Agreement or the Swap
        Administration Agreement, including, without limitation, for making any payments
        thereunder.

       

      It
        is
        acknowledged and agreed that the Person serving as Trustee hereunder shall
        also
        serve as Swap Administrator under the Swap Administration Agreement and act
        as a
        Supplemental Interest Trust Trustee under the related Swap Agreement. The
        Trustee, the Swap Administrator and the Supplemental Interest Trust Trustees
        are
        hereby directed by the Depositor to execute and deliver the Swap Administration
        Agreement (and any amendments or supplements to the Swap Administration
        Agreement as may be requested by the Majority Class I-CE Certificateholder
        or
        Majority Class II-CE Certificateholder regarding the distributions to be
        made to
        it or its designees thereunder) and the Supplemental Interest Trust Trustee
        is
        hereby directed to execute and deliver the Swap Agreements, and to make the
        representations required therein. The Swap Administrator shall not have any
        liability for any failure or delay in payments to the Trust which are required
        under the Swap Administration Agreement where such failure or delay is due
        to
        the failure or delay of the Swap Providers in making such payment to the
        Swap
        Administrator. LaSalle Bank National Association in its individual capacity
        and
        as Swap Administrator, the Trustee and the Supplemental Interest Trust Trustees
        shall be entitled to be indemnified and held harmless by the Trust from and
        against any and all losses, claims, expenses or other liabilities that arise
        by
        reason of or in connection with the performance or observance by each of
        the
        Swap Administrator, the Trustee and the Supplemental Interest Trust Trustees
        of
        its duties or obligations under the related Swap Agreement or the Swap
        Administration Agreement, except to the extent that the same is due to the
        Swap
        Administrator’s, the Trustee’s or the Supplemental Interest Trust Trustees’
gross negligence, willful misconduct or fraud. Any Person appointed as successor
        trustee pursuant to Section 9.09 shall also be required to serve as successor
        Swap Administrator and successor supplemental interest trust trustee under
        the
        related Swap Agreement and the Swap Administration Agreement.

       

      Section
        9.03  Trustee
        Not Liable for Certificates or Mortgage Loans. 

       

      The
        recitals contained herein and in the Certificates (other than the signature
        and
        countersignature of the Trustee on the Certificates) shall be taken as the
        statements of the Depositor, and the Trustee shall not have any responsibility
        for their correctness. The Trustee makes no representation as to the validity
        or
        sufficiency of the Certificates (other than the signature and countersignature
        of the Trustee on the Certificates) or of any Mortgage Loan except as expressly
        provided in Sections 2.02 and 2.06 hereof; provided, however, that the foregoing
        shall not relieve the Trustee, or the Custodian on its behalf, of the obligation
        to review the Mortgage Files pursuant to Section 2.02 of this Agreement.
        The
        Trustee’s signature and countersignature (or countersignature of its agent) on
        the Certificates shall be solely in its capacity as Trustee and shall not
        constitute the Certificates an obligation of the Trustee in any other capacity.
        The Trustee shall not be accountable for the use or application by the Depositor
        of any of the Certificates or of the proceeds of such Certificates, or for
        the
        use or application of any funds paid to the Depositor with respect to the
        Mortgage Loans. Subject to Section 2.06, the Trustee shall not be responsible
        for the legality or validity of this Agreement or any document or instrument
        relating to this Agreement, the validity of the execution of this Agreement
        or
        of any supplement hereto or instrument of further assurance, or the validity,
        priority, perfection or sufficiency of the security for the Certificates
        issued
        hereunder or intended to be issued hereunder. The Trustee shall not at any
        time
        have any responsibility or liability for or with respect to the legality,
        validity and enforceability of any Mortgage or any Mortgage Loan, or the
        perfection and priority of any Mortgage or the maintenance of any such
        perfection and priority, or for or with respect to the sufficiency of the
        Trust
        Fund or its ability to generate the payments to be distributed to
        Certificateholders, under this Agreement. The Trustee shall not be responsible
        for filing any financing or continuation statement in any public office at
        any
        time or to otherwise perfect or maintain the perfection of any security interest
        or lien granted to it hereunder or to record this Agreement.

       

      Section
        9.04  Trustee
        May Own Certificates. 

       

      The
        Trustee in its individual capacity or in any capacity other than as Trustee
        hereunder may become the owner or pledgee of any Certificates with the same
        rights it would have if it were not the Trustee and may otherwise deal with
        the
        parties hereto.

       

      Section
        9.05  Trustee’s
        Fees and Expenses. 

       

      The
        Trustee will be entitled to recover from the Distribution Account pursuant
        to
        Section 4.05, the Trustee Fee, all reasonable out of pocket expenses,
        disbursements and advances and the expenses of the Trustee in connection
        with
        any Event of Default (or anything related thereto, including any determination
        that an Event of Default does or does not exist), any breach of this Agreement
        or any claim or legal action (including any pending or threatened claim or
        legal
        action) incurred or made by the Trustee in the administration of the trusts
        hereunder (including the reasonable compensation, expenses and disbursements
        of
        its counsel) except any such expense, disbursement or advance as may arise
        from
        its negligence or intentional misconduct or which is the responsibility of
        the
        Certificateholders hereunder. If funds in the Distribution Account are
        insufficient therefor, the Trustee shall recover such expenses, disbursements
        or
        advances from the Depositor and the Depositor hereby agrees to pay such
        expenses, disbursements or advances. Such compensation and reimbursement
        obligation shall not be limited by any provision of law in regard to the
        compensation of a trustee of an express trust.

       

      Section
        9.06  Eligibility
        Requirements for Trustee. 

       

      The
        Trustee and any successor Trustee shall during the entire duration of this
        Agreement be a state bank or trust company or a national banking association
        organized and doing business under the laws of a state or the United States
        of
        America, authorized under such laws to exercise corporate trust powers, having
        a
        combined capital and surplus and undivided profits of at least $50,000,000,
        subject to supervision or examination by federal or state authority and rated
        “BBB” or higher by Fitch with respect to their long-term rating and rated “BBB”
or higher by S&P and “Baa2” or higher by Moody’s with respect to any
        outstanding long-term unsecured unsubordinated debt, and, in the case of
        a
        successor Trustee other than pursuant to Section 9.10, rated in one of the
        two
        highest long-term debt categories by each Rating Agency (at least “AA-” in the
        case of S&P) or otherwise acceptable to, each of the Rating Agencies and
        have a short-term debt rating of at least “A-1” from S&P, or otherwise
        acceptable to, S&P. The Trustee shall not be an Affiliate of the Master
        Servicer. If the Trustee publishes reports of condition at least annually,
        pursuant to law or to the requirements of the aforesaid supervising or examining
        authority, then for the purposes of this Section 9.06 the combined capital
        and
        surplus of such corporation shall be deemed to be its total equity capital
        (combined capital and surplus) as set forth in its most recent report of
        condition so published. In case at any time the Trustee shall cease to be
        eligible in accordance with the provisions of this Section 9.06, the Trustee
        shall resign immediately in the manner and with the effect specified in Section
        9.08.

       

      Section
        9.07  Insurance. 

       

      The
        Trustee, at its own expense, shall at all times maintain and keep in full
        force
        and effect: (i) fidelity insurance, (ii) theft of documents insurance and
        (iii)
        forgery insurance (which may be collectively satisfied by a “Financial
        Institution Bond” and/or a “Bankers’ Blanket Bond”); provided, that such
        insurance may be provided through self-insurance so long as the Trustee is
        rated
“A” or better by S&P and “A1” or better by Moody’s. All such insurance shall
        be in amounts, with standard coverage and subject to deductibles, as are
        customary for insurance typically maintained by banks or their affiliates
        which
        act as custodians for investor-owned mortgage pools. A certificate of an
        officer
        of the Trustee as to the Trustee’s compliance with this Section 9.07 shall be
        furnished to any Certificateholder upon reasonable written request.

       

      Section
        9.08  Resignation
        and Removal of Trustee. 

       

      The
        Trustee may at any time resign and be discharged from the Trust hereby created
        by giving written notice thereof to the Depositor, the Seller and the Master
        Servicer, with a copy to the Rating Agencies and each Swap Provider. Upon
        receiving such notice of resignation, the Depositor shall promptly appoint
        a
        successor trustee by written instrument, in triplicate, one copy of which
        instrument shall be delivered to each of the resigning Trustee and the successor
        trustee. If no successor trustee shall have been so appointed and have accepted
        appointment within 30 days after the giving of such notice of resignation,
        the
        resigning Trustee may petition any court of competent jurisdiction for the
        appointment of a successor trustee.

       

      If
        at any
        time (i) the Trustee shall cease to be eligible in accordance with the
        provisions of Section 9.06 hereof and shall fail to resign after written
        request
        thereto by the Depositor, (ii) the Trustee shall become incapable of acting,
        or
        shall be adjudged as bankrupt or insolvent, or a receiver of the Trustee
        or of
        its property shall be appointed, or any public officer shall take charge
        or
        control of the Trustee or of its property or affairs for the purpose of
        rehabilitation, conservation or liquidation, or (iii)(A) a tax is imposed
        with
        respect to the Trust Fund by any state in which the Trustee or the Trust
        Fund is
        located, (B) the imposition of such tax would be avoided by the appointment
        of a
        different trustee and (C) the Trustee fails to indemnify the Trust Fund against
        such tax, then the Depositor or the Master Servicer may remove the Trustee
        and
        appoint a successor trustee by written instrument, in multiple copies, a
        copy of
        which instrument shall be delivered to the Trustee, the Master Servicer and
        the
        successor trustee.

       

      The
        Holders evidencing at least 51% of the Voting Rights of each Class of
        Certificates may at any time remove the Trustee and appoint a successor trustee
        by written instrument or instruments, in multiple copies, signed by such
        Holders
        or their attorneys-in-fact duly authorized, one complete set of which
        instruments shall be delivered by the successor trustee to the Master Servicer,
        the Trustee so removed and the successor trustee so appointed. Notice of
        any
        removal of the Trustee shall be given to each Rating Agency by the Trustee
        or
        successor trustee.

       

      Any
        resignation or removal of LaSalle Bank National Association as Trustee shall
        also result in the resignation or removal, as applicable, of LaSalle Bank
        National Association as Swap Administrator. Any resignation or removal of
        the
        Trustee and appointment of a successor trustee pursuant to any of the provisions
        of this Section 9.08 shall become effective upon acceptance of appointment
        by
        the successor trustee as provided in Section 9.09 hereof and upon acceptance
        of
        appointment by a successor Swap administrator under the Swap Administration
        Agreement.

       

      Section
        9.09  Successor
        Trustee. 

       

      Any
        successor trustee appointed as provided in Section 9.08 hereof shall execute,
        acknowledge and deliver to the Depositor, to its predecessor trustee, the
        Master
        Servicer an instrument accepting such appointment hereunder and thereupon
        the
        resignation or removal of the predecessor trustee shall become effective
        and
        such successor trustee without any further act, deed or conveyance, shall
        become
        fully vested with all the rights, powers, duties and obligations of its
        predecessor hereunder, with the like effect as if originally named as trustee
        herein.

       

      No
        successor trustee shall accept appointment as provided in this Section 9.09
        unless at the time of such acceptance such successor trustee shall be eligible
        under the provisions of Section 9.07 hereof and its appointment shall not
        adversely affect the then current rating of the Certificates.

       

      Upon
        acceptance of appointment by a successor trustee as provided in this Section
        9.09, the successor trustee shall mail notice of the succession of such trustee
        hereunder to all Holders of Certificates. If the successor trustee fails
        to mail
        such notice within ten days after acceptance of appointment, the Depositor
        shall
        cause such notice to be mailed at the expense of the Trust Fund.

       

      Section
        9.10  Merger
        or Consolidation of Trustee. 

       

      Any
        corporation, state bank or national banking association into which the Trustee
        may be merged or converted or with which it may be consolidated or any
        corporation, state bank or national banking association resulting from any
        merger, conversion or consolidation to which the Trustee shall be a party,
        or
        any corporation, state bank or national banking association succeeding to
        substantially all of the corporate trust business of the Trustee, shall be
        the
        successor of the Trustee hereunder, provided that such corporation shall
        be
        eligible under the provisions of Section 9.06 hereof without the execution
        or
        filing of any paper or further act on the part of any of the parties hereto,
        anything herein to the contrary notwithstanding.

       

      Section
        9.11  Appointment
        of Co-Trustee or Separate Trustee. 

       

      Notwithstanding
        any other provisions of this Agreement, at any time, for the purpose of meeting
        any legal requirements of any jurisdiction in which any part of the Trust
        Fund
        or property securing any Mortgage Note may at the time be located, the Master
        Servicer and the Trustee acting jointly shall have the power and shall execute
        and deliver all instruments to appoint one or more Persons approved by the
        Trustee to act as co-trustee or co-trustees jointly with the Trustee, or
        separate trustee or separate trustees, of all or any part of the Trust Fund,
        and
        to vest in such Person or Persons, in such capacity and for the benefit of
        the
        Certificateholders, such title to the Trust Fund or any part thereof, whichever
        is applicable, and, subject to the other provisions of this Section 9.11,
        such
        powers, duties, obligations, rights and trusts as the Master Servicer and
        the
        Trustee may consider necessary or desirable. If the Master Servicer shall
        not
        have joined in such appointment within 15 days after the receipt by it of
        a
        request to do so, or in the case an Event of Default shall have occurred
        and be
        continuing, the Trustee alone shall have the power to make such appointment.
        No
        co-trustee or separate trustee hereunder shall be required to meet the terms
        of
        eligibility as a successor trustee under Section 9.06 and no notice to
        Certificateholders of the appointment of any co-trustee or separate trustee
        shall be required under Section 9.09.

       

      Every
        separate trustee and co-trustee shall, to the extent permitted by law, be
        appointed and act subject to the following provisions and
        conditions:

       

      (i)  All
        rights, powers, duties and obligations conferred or imposed upon the Trustee,
        except for the obligation of the Trustee under this Agreement to advance
        funds
        on behalf of the Master Servicer, shall be conferred or imposed upon and
        exercised or performed by the Trustee and such separate trustee or co-trustee
        jointly (it being understood that such separate trustee or co-trustee is
        not
        authorized to act separately without the Trustee joining in such act), except
        to
        the extent that under any law of any jurisdiction in which any particular
        act or
        acts are to be performed (whether a Trustee hereunder or as a Successor Master
        Servicer hereunder), the Trustee shall be incompetent or unqualified to perform
        such act or acts, in which event such rights, powers, duties and obligations
        (including the holding of title to the Trust Fund or any portion thereof
        in any
        such jurisdiction) shall be exercised and performed singly by such separate
        trustee or co-trustee, but solely at the direction of the Trustee;

       

      (ii)  No
        trustee hereunder shall be held personally liable by reason of any act or
        omission of any other trustee hereunder; and

       

      (iii)  The
        Trustee may at any time accept the resignation of or remove any separate
        trustee
        or co-trustee.

       

      Any
        notice, request or other writing given to the Trustee shall be deemed to
        have
        been given to each of the then separate trustees and co-trustees, as effectively
        as if given to each of them. Every instrument appointing any separate trustee
        or
        co-trustee shall refer to this Agreement and the conditions of this Article
        IX.
        Each separate trustee and co-trustee, upon its acceptance of the trusts
        conferred, shall be vested with the estates or property specified in its
        instrument of appointment, either jointly with the Trustee or separately,
        as may
        be provided therein, subject to all the provisions of this Agreement,
        specifically including every provision of this Agreement relating to the
        conduct
        of, affecting the liability of, or affording protection to, the Trustee.
        Every
        such instrument shall be filed with the Trustee and a copy thereof given
        to the
        Master Servicer and the Depositor.

       

      Any
        separate trustee or co-trustee may, at any time, constitute the Trustee its
        agent or attorney-in-fact, with full power and authority, to the extent not
        prohibited by law, to do any lawful act under or in respect of this Agreement
        on
        its behalf and in its name. If any separate trustee or co- trustee shall
        die,
        become incapable of acting, resign or be removed, all of its estates,
        properties, rights, remedies and trusts shall vest in and be exercised by
        the
        Trustee, to the extent permitted by law, without the appointment of a new
        or
        successor trustee.

       

      Section
        9.12  Tax
        Matters. 

       

      It
        is
        intended that the Trust Fund shall constitute, and that the affairs of the
        Trust
        Fund shall be conducted so that each REMIC formed hereunder qualifies as,
        a
“real estate mortgage investment conduit” as defined in and in accordance with
        the REMIC Provisions. In furtherance of such intention, the Trustee covenants
        and agrees that it shall act as agent (and the Trustee is hereby appointed
        to
        act as agent) on behalf of the Trust Fund. The Trustee, as agent on behalf
        of
        the Trust Fund, shall do or refrain from doing, as applicable, the following:
        (a) the Trustee shall prepare and file, or cause to be prepared and filed,
        in a
        timely manner, U.S. Real Estate Mortgage Investment Conduit Income Tax Returns
        (Form 1066 or any successor form adopted by the Internal Revenue Service)
        and
        prepare and file or cause to be prepared and filed with the Internal Revenue
        Service and applicable state or local tax authorities income tax or information
        returns for each taxable year with respect to each such REMIC containing
        such
        information and at the times and in the manner as may be required by the
        Code or
        state or local tax laws, regulations, or rules, and furnish or cause to be
        furnished to Certificateholders the schedules, statements or information
        at such
        times and in such manner as may be required thereby; (b) the Trustee shall
        apply
        for an employer identification number with the Internal Revenue Service via
        a
        Form SS-4 or other comparable method for each REMIC that is or becomes a
        taxable
        entity, and within thirty days of the Closing Date, furnish or cause to be
        furnished to the Internal Revenue Service, on Forms 8811 or as otherwise
        may be
        required by the Code, the name, title, address, and telephone number of the
        Person that the Holders of the Certificates may contact for tax information
        relating thereto, together with such additional information as may be required
        by such Form, and update such information at the time or times in the manner
        required by the Code for the Trust Fund; (c) the Trustee shall make or cause
        to
        be made elections, on behalf of each REMIC formed hereunder to be treated
        as a
        REMIC on the federal tax return of such REMIC for its first taxable year
        (and,
        if necessary, under applicable state law); (d) the Trustee shall prepare
        and
        forward, or cause to be prepared and forwarded, to the Certificateholders
        and to
        the Internal Revenue Service and, if necessary, state tax authorities, all
        information returns and reports as and when required to be provided to them
        in
        accordance with the REMIC Provisions, including without limitation, the
        calculation of any original issue discount using the Prepayment Assumption;
        (e)
        the Trustee shall provide information necessary for the computation of tax
        imposed on the Transfer of a Residual Certificate to a Person that is not
        a
        Permitted Transferee, or an agent (including a broker, nominee or other
        middleman) of a Person that is not a Permitted Transferee, or a pass-through
        entity in which a Person that is not a Permitted Transferee is the record
        Holder
        of an interest (the reasonable cost of computing and furnishing such information
        may be charged to the Person liable for such tax); (f) the Trustee shall,
        to the
        extent under its control, conduct the affairs of the Trust Fund at all times
        that any Certificates are outstanding so as to maintain the status of each
        REMIC
        formed hereunder as a REMIC under the REMIC Provisions; (g) the Trustee shall
        not knowingly or intentionally take any action or omit to take any action
        that
        could (i) cause the termination of the REMIC status of any REMIC formed
        hereunder or (ii) result in the imposition of a tax upon the Trust Fund
        (including but not limited to the tax on prohibited transactions as defined
        in
        Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set
        forth
        in Section 860G(d) of the Code); (h) the Trustee shall pay, from the sources
        specified in this Section 9.12, the amount of any federal, state and local
        taxes, including prohibited transaction taxes as described below, imposed
        on any
        REMIC formed hereunder prior to the termination of the Trust Fund when and
        as
        the same shall be due and payable (but such obligation shall not prevent
        the
        Trustee or any other appropriate Person from contesting any such tax in
        appropriate proceedings and shall not prevent the Trustee from withholding
        payment of such tax, if permitted by law, pending the outcome of such
        proceedings); (i) the Trustee shall sign or cause to be signed federal, state
        or
        local income tax or information returns or any other document prepared pursuant
        to this Section 9.12 requiring a signature thereon by the relevant tax
        authorities or other governmental entity; (j) the Trustee shall maintain
        records
        relating to each REMIC formed hereunder including but not limited to the
        income,
        expenses, assets and liabilities of each such REMIC and adjusted basis of
        the
        Trust Fund property determined at such intervals as may be required by the
        Code,
        as may be necessary to prepare the foregoing returns, schedules, statements
        or
        information; (k) the Trustee shall, for federal income tax purposes, maintain
        books and records with respect to the REMICs on a calendar year and on an
        accrual basis; (l) the Trustee shall not enter into any arrangement not
        otherwise provided for in this Agreement by which the REMICs will receive
        a fee
        or other compensation for services nor permit the REMICs to receive any income
        from assets other than “qualified mortgages” as defined in Section 860G(a)(3) of
        the Code or “permitted investments” as defined in Section 860G(a)(5) of the
        Code; and (m) as and when necessary and appropriate, the Trustee, at the
        expense
        of the Trust Fund, shall represent the Trust Fund in any administrative or
        judicial proceedings relating to an examination or audit by any governmental
        taxing authority, request an administrative adjustment as to any taxable
        year of
        any REMIC formed hereunder, enter into settlement agreements with any
        governmental taxing agency, extend any statute of limitations relating to
        any
        tax item of the Trust Fund, and otherwise act on behalf of each REMIC formed
        hereunder in relation to any tax matter involving any such REMIC.

       

      In
        order
        to enable the Trustee to perform its duties as set forth herein, the Depositor
        shall provide, or cause to be provided, to the Trustee within 10 days after
        the
        Closing Date all information or data that the Trustee requests in writing
        and
        determines to be relevant for tax purposes to the valuations and offering
        prices
        of the Certificates, including, without limitation, the price, yield, prepayment
        assumption and projected cash flows of the Certificates and the Mortgage
        Loans.
        Thereafter, the Depositor shall provide to the Trustee promptly upon written
        request therefor, any such additional information or data that the Trustee
        may,
        from time to time, request in order to enable the Trustee to perform its
        duties
        as set forth herein. The Depositor hereby indemnifies the Trustee for any
        losses, liabilities, damages, claims or expenses of the Trustee arising from
        any
        errors or miscalculations of the Trustee that result from any failure of
        the
        Depositor to provide, or to cause to be provided, accurate information or
        data
        to the Trustee on a timely basis.

       

      In
        the
        event that any tax is imposed on “prohibited transactions” of any of REMIC I,
        REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII,
        REMIC
        IX or REMIC X as defined in Section 860F(a)(2) of the Code, on the “net income
        from foreclosure property” of the Trust Fund as defined in Section 860G(c) of
        the Code, on any contribution to any of REMIC I, REMIC II, REMIC III, REMIC
        IV,
        REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X after the Startup
        Day pursuant to Section 860G(d) of the Code, or any other tax is imposed,
        including, without limitation, any federal, state or local tax or minimum
        tax
        imposed upon any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC
        VI,
        REMIC VII, REMIC VIII, REMIC IX or REMIC X and
        is, in each case, attributable to the activities of REMIC I or related to
        Loan
        Group I,
        and is
        not paid as otherwise provided for herein, such tax shall be paid (i) by
        the
        Master Servicer or Trustee, if any such tax arises out of or results from
        a
        breach by the Master Servicer or Trustee of any of its obligations under
        this
        Agreement, provided, however, in no event shall the Master Servicer have
        any
        liability (1) for any action or omission that is taken in accordance with
        and
        compliance with the express terms of, or which is expressly permitted by
        the
        terms of, this Agreement, (2) for any losses other than those arising out
        of a
        negligent performance by the Master Servicer of its duties and obligations
        set
        forth herein, or (3) for any special or consequential damages to
        Certificateholders (in addition to payment of principal and interest on the
        Certificates), (ii) by any party hereto (other than the Master Servicer or
        Trustee) to the extent any such tax arises out of or results from a breach
        by
        such other party of any of its obligations under this Agreement or (iii)
        in all
        other cases, or in the event that any liable party hereto fails to honor
        its
        obligations under the preceding clauses (i) or (ii), first with amounts
        otherwise to be distributed to the Class I-R Certificateholders, and second
        with
        amounts otherwise to be distributed to the Holders of the following other
        Group
        I Certificates in the following order of priority: first,
        to
        the
        Class I-M-11 Certificates, second, to the Class I-M-10 Certificates, third,
        to
        the Class I-M-9 Certificates, fourth, to the Class I-M-8 Certificates, fifth,
        to
        the Class I-M-7 Certificates, sixth, to the Class I-M-6 Certificates, seventh,
        to the Class I-M-5 Certificates, eighth, to the Class I-M-4 Certificates,
        ninth,
        to the Class I-M-3 Certificates, tenth, to the Class I-M-2 Certificates,
        eleventh, to the Class I-M-1 Certificates, and twelfth, to the Class I-A
        Certificates (pro
        rata
        based on
        the amounts to be distributed). Notwithstanding anything to the contrary
        contained herein, to the extent that such tax is payable by the Holder of
        any
        such Certificates, the Trustee is hereby authorized to retain on any
        Distribution Date, from the Holders of the Class I-R Certificates (and, if
        necessary, second, from the Holders of the other relevant Group I Certificates
        in the priority specified in the preceding sentence), funds otherwise
        distributable to such Holders in an amount sufficient to pay such
        tax.
        The Trustee
        shall
        include in its Monthly Statement amounts allocated to the relevant Group
        I
        Certificates, taking into account the priorities described in the second
        preceding sentence. The
        Trustee shall promptly notify in writing the party liable for any such tax
        of
        the amount thereof and the due date for the payment thereof.

       

      In
        the
        event that any tax is imposed on “prohibited transactions” of any of REMIC I,
        REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII,
        REMIC
        IX or REMIC X as defined in Section 860F(a)(2) of the Code, on the “net income
        from foreclosure property” of the Trust Fund as defined in Section 860G(c) of
        the Code, on any contribution to any of REMIC I, REMIC II, REMIC III, REMIC
        IV,
        REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X after the Startup
        Day pursuant to Section 860G(d) of the Code, or any other tax is imposed,
        including, without limitation, any federal, state or local tax or minimum
        tax
        imposed upon any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC
        VI,
        REMIC VII, REMIC VIII, REMIC IX or REMIC X and
        is, in each case, attributable to the activities of REMIC II or related to
        Loan
        Group II,
        and is
        not paid as otherwise provided for herein, such tax shall be paid (i) by
        the
        Master Servicer or Trustee, if any such tax arises out of or results from
        a
        breach by the Master Servicer or Trustee of any of its obligations under
        this
        Agreement, provided, however, in no event shall the Master Servicer have
        any
        liability (1) for any action or omission that is taken in accordance with
        and
        compliance with the express terms of, or which is expressly permitted by
        the
        terms of, this Agreement, (2) for any losses other than those arising out
        of a
        negligent performance by the Master Servicer of its duties and obligations
        set
        forth herein, or (3) for any special or consequential damages to
        Certificateholders (in addition to payment of principal and interest on the
        Certificates), (ii) by any party hereto (other than the Master Servicer or
        Trustee) to the extent any such tax arises out of or results from a breach
        by
        such other party of any of its obligations under this Agreement or (iii)
        in all
        other cases, or in the event that any liable party hereto fails to honor
        its
        obligations under the preceding clauses (i) or (ii), first with amounts
        otherwise to be distributed to the Class II-R Certificateholders and Holders
        of
        the Class I-R-2 Certificates and I-R-3 Certificates, and second with amounts
        otherwise to be distributed to the Holders of the following other Group II
        Certificates in the following order of priority: first,
        to
        the
        Class II-M-11 Certificates, second, to the Class II-M-10 Certificates, third,
        to
        the Class II-M-9 Certificates, fourth, to the Class II-M-8 Certificates,
        fifth,
        to the Class II-M-7 Certificates, sixth, to the Class II-M-6 Certificates,
        seventh, to the Class II-M-5 Certificates, eighth, to the Class II-M-4
        Certificates, ninth, to the Class II-M-3 Certificates, tenth, to the Class
        II-M-2 Certificates, eleventh, to the Class II-M-1 Certificates, and twelfth,
        to
        the Class II-A Certificates (pro
        rata
        based on
        the amounts to be distributed). Notwithstanding anything to the contrary
        contained herein, to the extent that such tax is payable by the Holder of
        any
        such Certificates, the Trustee is hereby authorized to retain on any
        Distribution Date, from the Holders of the Class II-R, Class I-R-2 and Class
        I-R-3 Certificates (and, if necessary, second, from the Holders of the other
        relevant Group II Certificates in the priority specified in the preceding
        sentence), funds otherwise distributable to such Holders in an amount sufficient
        to pay such tax. The
        Trustee
        shall
        include in its Monthly Statement amounts allocated to the relevant Group
        II
        Certificates and Class I-R-2 Certificates and Class I-R-3 Certificates, taking
        into account the priorities described in the second preceding sentence.
The
        Trustee shall promptly notify in writing the party liable for any such tax
        of
        the amount thereof and the due date for the payment thereof.

       

      The
        Trustee and the Master Servicer agree that, in the event it should obtain
        any
        information necessary for the other party to perform its obligations pursuant
        to
        this Section 9.12, it will promptly notify and provide such information to
        such
        other party.

       

      Notwithstanding
        any other provision of this Agreement, the Trustee shall comply with all
        federal
        withholding requirements respecting payments to Certificateholders of interest
        or original issue discount that the Trustee reasonably believes are applicable
        under the Code. The consent of Certificateholders shall not be required for
        such
        withholding. In the event the Trustee does withhold any amount from interest
        or
        original issue discount payments or advances thereof to any Certificateholder
        pursuant to federal withholding requirements, the Trustee shall indicate
        the
        amount withheld to such Certificateholders.

       

      For
        as
        long as each REMIC shall exist, the Trustee and the Master Servicer shall
        act in
        accordance herewith to assure continuing treatment of such REMIC as a REMIC,
        and
        the Trustee shall comply with any directions of the Seller or the Master
        Servicer to assure such continuing treatment. In furtherance, but not in
        limitation, of the foregoing, the Trustee and Master Servicer shall not (a)
        sell
        or permit the sale of all or any portion of the Mortgage Loans or of any
        investment of deposits in an Account unless such sale is as a result of a
        repurchase of the Mortgage Loans pursuant to this Agreement or the Trustee
        has
        received a REMIC Opinion addressed to the Trustee prepared at the expense
        of the
        Trust Fund; (b) other than with respect to a substitution pursuant to the
        Mortgage Loan Purchase Agreement or Section 2.03 of this Agreement, as
        applicable, accept any contribution to any REMIC after the Startup Day without
        receipt of a REMIC Opinion; or (c) acquire any assets for any REMIC other
        than
        any REO Property after the Startup Day without receipt of a REMIC
        Opinion.

       

      

       

      ARTICLE
        X

      TERMINATION

       

      Section
        10.01  Termination
        upon Liquidation or Repurchase of all Mortgage Loans. 

       

      (a) Subject
        to Section 10.03, the obligations and responsibilities of the Depositor,
        the
        Master Servicer, the Seller and the Trustee created hereby with respect to
        the
        Group I Sub-Trust shall terminate, with respect to Loan Group I, upon the
        earlier of (a) the exercise of the Majority Class I-CE Certificateholder
        (or its
        designee) or the Master Servicer, as applicable, of its right to repurchase
        all
        of the Group I Mortgage Loans (and related REO Properties) remaining in the
        Trust Fund at a price (the “Group I Mortgage Loan Purchase Price”) equal to the
        sum of (i) 100% of the Stated Principal Balance of each related Mortgage
        Loan
        (other than in respect of related REO Property), (ii) accrued interest thereon
        at the applicable Mortgage Rate to, but not including, the first day of the
        month of such purchase, (iii) the appraised value of any REO Property in
        the
        Group I Sub-Trust (up to the Stated Principal Balance of the related Mortgage
        Loan), such appraisal to be conducted by an appraiser mutually agreed upon
        by
        the Master Servicer and the Trustee, (iv) unreimbursed out-of pocket costs
        of
        the Master Servicer, including unreimbursed Servicing Advances and the principal
        portion of any unreimbursed Advances, made on the Group I Mortgage Loans
        prior
        to the exercise of such repurchase right, (v) any unreimbursed costs and
        expenses of the Trustee payable pursuant to Section 9.05 or of the Custodian
        pursuant to the Custodial Agreement with respect to Loan Group I, (vi) any
        Group
        I Swap Termination Payment (which
        shall include any Group I Net Swap Payment payable to the Group I Sub-Trust
        for
        the final Distribution Date)
        payable
        to the Group I Swap Provider which remains unpaid or which is due to the
        exercise of such option (the “Group I Swap Optional Termination Payment”) and
        (b) the later of (i) the maturity or other liquidation (or any Advance with
        respect thereto) of the last Mortgage Loan remaining in the Group I Sub-Trust
        and the disposition of all related REO Property and (ii) the distribution
        to
        Group I Certificateholders of all amounts required to be distributed to them
        pursuant to this Agreement, as applicable. In no event shall the Group I
        Sub-Trust created hereby continue beyond the earlier of (i) the expiration
        of 21
        years from the death of the last survivor of the descendants of Joseph P.
        Kennedy, the late Ambassador of the United States to the Court of St. James,
        living on the date hereof and (ii) the related Latest Possible Maturity
        Date.

       

      (b) The
        Majority Class I-CE Certificateholder shall have right to repurchase all
        Group I
        Mortgage Loans and related REO Properties at any time at which the aggregate
        Stated Principal Balance of all of the Group I Mortgage Loans in the Group
        I
        Sub-Trust is not more than 10% of the aggregate Cut-off Date Principal Balance
        of all of the Group I Mortgage Loans. If the Majority Class I-CE
        Certificateholder does not exercise this option, the Master Servicer has
        the
        right to repurchase all Group I Mortgage Loans and related REO Properties
        pursuant to clause (a) in Section 10.01(a), conditioned upon the Stated
        Principal Balance of all of the Group I Mortgage Loans in the Group I Sub-Trust,
        at the time of any such repurchase, aggregating 5% or less of the aggregate
        Cut-off Date Principal Balance of all of the Group I Mortgage Loans. If the
        Majority Class I-CE Certificateholder or the Master Servicer elects to terminate
        the Group I Sub-Trust pursuant to this Section 10.01 (such termination, a
“Group
        I Optional Termination”), the Majority Class I-CE Certificateholder or the
        Master Servicer, as applicable, shall, at least 20 days prior to the last
        date
        on which notice of such Group I Optional Termination is required to be mailed
        to
        the Group I Certificateholders pursuant to 10.02(ii), notify in writing (which
        may be done in electronic format) the Depositor, the Master Servicer, the
        Trustee and the Group I Swap Provider of the final Distribution Date on which
        the Majority Class I-CE Certificateholder or the Master Servicer, as applicable,
        intends to terminate the Group I Sub-Trust. 

       

      (c) In
        connection with any Group I Optional Termination, four Business Days prior
        to
        the final Distribution Date specified in the notice required pursuant to
        Section
        10.01(b), the Trustee shall, no later than 4:00 pm New York City time on
        such
        day, request from the Group I Swap Provider the amount of the Group I Estimated
        Swap Termination Payment. The Group I Swap Provider shall, no later than
        2:00 pm
        on the following Business Day, notify in writing (which may be done in
        electronic format) the Trustee of the amount of the Group I Estimated Swap
        Termination Payment; the Trustee shall promptly on the same day notify the
        Majority Class I-CE Certificateholder or the Master Servicer, as applicable,
        of
        the amount of the Group I Estimated Swap Termination Payment. 

      

      (d) Two
        Business Days prior to the final Distribution Date specified in the notice
        required pursuant to Section 10.01(b), (i) the Majority Class
        I-CE Certificateholder
        or the
        Master Servicer, as applicable, shall, no
        later than 1:00 pm New
        York
        City time on such day, deposit funds in the Distribution Account in an amount
        equal to the sum of the Group I Mortgage Loan Purchase Price (other than
        the
        Group I Swap Optional Termination Payment) and the Group I Estimated Swap
        Termination Payment, and (ii) if the Trustee shall have determined that the
        aggregate Stated Principal Balance of all of the Group I Mortgage Loans in
        the
        Group I Sub-Trust as of the related Determination Date is not
        more than 10% of the aggregate Cut-off Date Principal Balance of all of the
        Group I Mortgage Loans
        or 5% of
        the aggregate Cut-off Date Principal Balance of all of the Group I Mortgage
        Loans, as applicable, and that all other requirements of the Group I Optional
        Termination have been met, including without limitation, the deposit required
        pursuant to the immediately preceding clause (c) as well as the requirements
        specified in Section 10.03, then the Trustee shall, on the same Business
        Day,
        provide written notice to the Majority Class I-C Certificateholder, the
        Depositor, the Master Servicer, the Group I Supplemental Interest Trust Trustee,
        the Trustee, the Custodian and the Group I Swap Provider confirming (a) its
        receipt of the Group I Mortgage Loan Purchase Price (other than the Group
        I Swap
        Optional Termination Payment) and the Group I Estimated Swap Termination
        Payment
        and (b) that all other requirements of the Group I Optional Termination have
        been met. Upon the Trustee’s providing the notice described in the preceding
        sentence, the Group I Optional Termination shall become irrevocable, the
        notice
        to Group I Certificateholders of such Group I Optional Termination provided
        pursuant to the second paragraph of Section 10.02 shall become unrescindable,
        the Group I Swap Provider shall determine the Group I Swap Optional Termination
        Payment in accordance with the Group I Swap Agreement, and the Group I Swap
        Provider shall provide to the Trustee written notice of the amount of the
        Group
        I Swap Optional Termination Payment not later than one Business Day prior
        to the
        final Distribution Date specified in the notice required pursuant to Section
        10.02(ii). 

      

      (e) In
        connection with any Group I Optional Termination, only an amount equal to
        the
        Group I Mortgage Loan Purchase Price less any Group I Swap Optional Termination
        Payment shall be made available for distribution to the Group I Regular
        Certificates. Any Group I Estimated Swap Termination Payment deposited into
        the
        Distribution Account by the Majority Class I-C Certificateholder or the Master
        Servicer, as applicable, shall be withdrawn by the Trustee from the Distribution
        Account on the related final Distribution Date and distributed as follows:
        (i)
        to the Group I Supplemental Interest Trust for payment to the Group I Swap
        Provider in accordance with Section 3.21(c), an amount equal to the Group
        I Swap
        Optional Termination Amount calculated pursuant to the Group I Swap Agreement,
        provided that in no event shall the amount distributed to the Group I Swap
        Provider in respect of the Group I Swap Optional Termination Amount exceed
        the
        Group I Estimated Swap Termination Payment, and (ii) to the Majority Class
        I-C
        Certificateholder or the Master Servicer, as applicable, an amount equal
        to the
        excess, if any, of the Group I Estimated Swap Termination Payment over the
        Group
        I Swap Optional Termination Payment. The Group I Swap Optional Termination
        Payment shall not be part of any REMIC and shall not be paid into any account
        which is part of any REMIC. 

      

        (f) Subject
          to Section 10.03, the obligations and responsibilities of the Depositor,
          the
          Master Servicer, the Seller and the Trustee created hereby with respect
          to the
          Group II Sub-Trust shall terminate, with respect to Loan Group II, upon
          the
          earlier of (a) the exercise of the Majority Class II-CE Certificateholder
          (or
          its designee) or the Master Servicer, as applicable, of its right to repurchase
          all of the Group II Mortgage Loans (and related REO Properties) remaining
          in the
          Trust Fund at a price (the “Group II Mortgage Loan Purchase Price”) equal to the
          sum of (i) 100% of the Stated Principal Balance of each related Mortgage
          Loan
          (other than in respect of related REO Property), (ii) accrued interest
          thereon
          at the applicable Mortgage Rate to, but not including, the first day of
          the
          month of such purchase, (iii) the appraised value of any REO Property in
          the
          Group II Sub-Trust (up to the Stated Principal Balance of the related Mortgage
          Loan), such appraisal to be conducted by an appraiser mutually agreed upon
          by
          the Master Servicer and the Trustee, (iv) unreimbursed out-of pocket costs
          of
          the Master Servicer, including unreimbursed Servicing Advances and the
          principal
          portion of any unreimbursed Advances, made on the Group II Mortgage Loans
          prior
          to the exercise of such repurchase right, (v) any unreimbursed costs and
          expenses of the Trustee payable pursuant to Section 9.05 or of the Custodian
          pursuant to the Custodial Agreement with respect to Loan Group II, (vi)
          any
          Group II Swap Termination Payment (which shall include any Group II Net
          Swap
          Payment payable to the Group II Sub-Trust for the final Distribution Date)
          payable to the Group II Swap Provider which remains unpaid or which is
          due to
          the exercise of such option (the “Group II Swap Optional Termination Payment”)
          and (b) the later of (i) the maturity or other liquidation (or any Advance
          with
          respect thereto) of the last Mortgage Loan remaining in the Group II Sub-Trust
          and the disposition of all related REO Property and (ii) the distribution
          to
          Group II Certificateholders of all amounts required to be distributed to
          them
          pursuant to this Agreement, as applicable. In no event shall the Group
          II
          Sub-Trust created hereby continue beyond the earlier of (i) the expiration
          of 21
          years from the death of the last survivor of the descendants of Joseph
          P.
          Kennedy, the late Ambassador of the United States to the Court of St. James,
          living on the date hereof and (ii) the related Latest Possible Maturity
          Date.

         

      

      (g) The
        Majority Class II-CE Certificateholder shall have right to repurchase all
        Group
        II Mortgage Loans and related REO Properties at any time at which the aggregate
        Stated Principal Balance of all of the Group II Mortgage Loans in the Group
        II
        Sub-Trust is not more than 10% of the aggregate Cut-off Date Principal Balance
        of all of the Group II Mortgage Loans. If the Majority Class II-CE
        Certificateholder does not exercise this option, the Master Servicer has
        the
        right to repurchase all Group II Mortgage Loans and related REO Properties
        pursuant to clause (a) in Section 10.01(f), conditioned upon the Stated
        Principal Balance of all of the Group II Mortgage Loans in the Group II
        Sub-Trust, at the time of any such repurchase, aggregating 5% or less of
        the
        aggregate Cut-off Date Principal Balance of all of the Group II Mortgage
        Loans.
        If the Majority Class II-CE Certificateholder or the Master Servicer elects
        to
        terminate the Group II Sub-Trust pursuant to this Section 10.01 (such
        termination, a “Group II Optional Termination”), the Majority Class II-CE
        Certificateholder or the Master Servicer, as applicable, shall, at least
        20 days
        prior to the last date on which notice of such Group II Optional Termination
        is
        required to be mailed to the Group II Certificateholders pursuant to 10.02(vi),
        notify in writing (which may be done in electronic format) the Depositor,
        the
        Master Servicer, the Trustee and the Group II Swap Provider of the final
        Distribution Date on which the Majority Class II-CE Certificateholder or
        the
        Master Servicer, as applicable, intends to terminate the Group II Sub-Trust.
        

       

      (h) In
        connection with any Group II Optional Termination, four Business Days prior
        to
        the final Distribution Date specified in the notice required pursuant to
        Section
        10.01(g), the Trustee shall, no later than 4:00 pm New York City time on
        such
        day, request from the Group II Swap Provider the amount of the Group II
        Estimated Swap Termination Payment. The Group II Swap Provider shall, no
        later
        than 2:00 pm on the following Business Day, notify in writing (which may
        be done
        in electronic format) the Trustee of the amount of the Group II Estimated
        Swap
        Termination Payment; the Trustee shall promptly on the same day notify the
        Majority Class II-CE Certificateholder or the Master Servicer, as applicable,
        of
        the amount of the Group II Estimated Swap Termination Payment. 

      

      (i) Two
        Business Days prior to the final Distribution Date specified in the notice
        required pursuant to Section 10.01(g) the Majority Class
        II-CE Certificateholder
        or the
        Master Servicer, as applicable, shall, no
        later than 1:00 pm New
        York
        City time on such day, deposit funds in the Distribution Account in an amount
        equal to the sum of the Group II Mortgage Loan Purchase Price (other than
        the
        Group II Swap Optional Termination Payment) and the Group II Estimated Swap
        Termination Payment, and (ii) if the Trustee shall have determined that the
        aggregate Stated Principal Balance of all of the Group I Mortgage Loans in
        the
        Group II Sub-Trust as of the related Determination Date is not
        more than 10% of the aggregate Cut-off Date Principal Balance of all of the
        Group II Mortgage Loans
        or 5% of
        the aggregate Cut-off Date Principal Balance of all of the Group II Mortgage
        Loans, as applicable, and that all other requirements of the Group II Optional
        Termination have been met, including without limitation the deposit required
        pursuant to the immediately preceding clause (h) as well as the requirements
        specified in Section 10.03, then the Trustee shall, on the same Business
        Day,
        provide written notice to the Majority Class II-C Certificateholder, the
        Depositor, the Master Servicer, the Group II Supplemental Interest Trust
        Trustee, the Trustee, the Custodian and the Group II Swap Provider confirming
        (a) its receipt of the Group II Mortgage Loan Purchase Price (other than
        the
        Group II Swap Optional Termination Payment) and the Group II Estimated Swap
        Termination Payment and (b) that all other requirements of the Group II Optional
        Termination have been met. Upon the Trustee’s providing the notice described in
        the preceding sentence, the Group II Optional Termination shall become
        irrevocable, the notice to Group II Certificateholders of such Group II Optional
        Termination provided pursuant to the second paragraph of Section 10.02 shall
        become unrescindable, the Group II Swap Provider shall determine the Group
        II
        Swap Optional Termination Payment in accordance with the Group II Swap
        Agreement, and the Group II Swap Provider shall provide to the Trustee written
        notice of the amount of the Group II Swap Optional Termination Payment not
        later
        than one Business Day prior to the final Distribution Date specified in the
        notice required pursuant to Section 10.02(vi). 

      

      (j) In
        connection with any Group II Optional Termination, only an amount equal to
        the
        Group II Mortgage Loan Purchase Price less any Group II Swap Optional
        Termination Payment shall be made available for distribution to the Group
        II
        Regular Certificates. Any Group II Estimated Swap Termination Payment deposited
        into the Distribution Account by the Majority Class II-C Certificateholder
        or
        the Master Servicer, as applicable, shall be withdrawn by the Trustee from
        the
        Distribution Account on the related final Distribution Date and distributed
        as
        follows: (i) to the Group II Supplemental Interest Trust for payment to the
        Group II Swap Provider in accordance with Section 3.21(c), an amount equal
        to
        the Group II Swap Optional Termination Amount calculated pursuant to the
        Group
        II Swap Agreement, provided that in no event shall the amount distributed
        to the
        Group II Swap Provider in respect of the Group II Swap Optional Termination
        Amount exceed the Group II Estimated Swap Termination Payment, and (ii) to
        the
        Majority Class II-C Certificateholder or the Master Servicer, as applicable,
        an
        amount equal to the excess, if any, of the Group II Estimated Swap Termination
        Payment over the Group II Swap Optional Termination Payment. The Group II
        Swap
        Optional Termination Payment shall not be part of any REMIC and shall not
        be
        paid into any account which is part of any REMIC. 

      

        (k)
           Upon
          receipt by the Custodian of notice from the Trustee pursuant to Sections
          10.01(d) and 10.01(i) and the receipt by the Custodian of a Release for
          Request
          therefor, the Custodian shall promptly release to the Master Servicer,
          as
          applicable the Mortgage Files for the Mortgage Loans and the Trustee shall
          execute and deliver any documents prepared and delivered to it which are
          necessary to transfer any REO Property.

        

        (l)
           Notwithstanding
          the foregoing, the provisions of Section 7.03 hereof shall survive the
          termination of this Agreement. 

         

      

      Notwithstanding
        anything to the contrary herein, the Class I-R-2 Certificates and
        Class I-R-3 Certificates
        will not be retired until the later of (i) the retirement of all the Group
        II
        Certificates and (ii) the retirement of all the Group I Certificates (other
        than
        the Class I-R-2 Certificates and Class I-R-3 Certificates).

       

      Section
        10.02  Final
        Distribution on the Certificates. 

       

      If
        on any
        Determination Date, (i) the Master Servicer determines that there are no
        Outstanding related Mortgage Loans and no other funds or assets in the related
        Sub-Trust other than the related funds in the Protected Account, the Master
        Servicer shall direct the Trustee to send a final distribution notice promptly
        to each related Certificateholder or (ii) the Trustee determines that a Class
        of
        Certificates shall be retired after a final distribution on such Class, the
        Trustee shall notify the related Certificateholders within five (5) Business
        Days after such Determination Date that the final distribution in retirement
        of
        such Class of Certificates is scheduled to be made on the immediately following
        Distribution Date. Any final distribution made pursuant to the immediately
        preceding sentence will be made only upon presentation and surrender of the
        related Certificates at the Corporate Trust Office of the Trustee. If the
        related Majority Class CE Certificateholder or the Master Servicer, as
        applicable, elects to terminate the related Sub-Trust pursuant to Section
        10.01,
        at least 20 days prior to the date notice is to be mailed to the related
        Certificateholders, the related Majority Class CE Certificateholder or the
        Master Servicer, as applicable, shall notify the Depositor, each Swap Provider
        and the Trustee of the date the related Majority Class CE Certificateholder
        or
        the Master Servicer, as applicable, intends to terminate the related Sub-Trust.
        The Master Servicer shall remit the Mortgage Loan Purchase Price to the Trustee
        on the Business Day prior to the Distribution Date for such related Optional
        Termination by the related Majority Class CE Certificateholder or the Master
        Servicer, as applicable.

       

      Notice
        of
        any termination of the related Sub-Trust, specifying the Distribution Date
        on
        which related Certificateholders may surrender their Certificates for payment
        of
        the final distribution and cancellation, shall be given promptly by the Trustee
        by letter to related Certificateholders mailed not later than two Business
        Days
        after the Determination Date in the month of such final distribution. Any
        such
        notice shall specify (a) the Distribution Date upon which final distribution
        on
        the related Certificates will be made upon presentation and surrender of
        related
        Certificates at the office therein designated, (b) the amount of such final
        distribution, (c) the location of the office or agency at which such
        presentation and surrender must be made and (d) that the Record Date otherwise
        applicable to such Distribution Date is not applicable, distributions being
        made
        only upon presentation and surrender of the Certificates at the office therein
        specified. The Trustee will give such notice to each Rating Agency at the
        time
        such notice is given to related Certificateholders.

       

      In
        the
        event such notice is given, the Master Servicer shall cause all related funds
        in
        the Protected Account to be remitted to the Trustee for deposit in the
        Distribution Account on the Business Day prior to the applicable Distribution
        Date in an amount equal to the final distribution in respect of the related
        Certificates. Upon such final deposit with respect to the Trust Fund and
        the
        receipt by the Trustee of a Request for Release therefor, the Trustee or
        the
        Custodian shall promptly release to the Seller as applicable the Mortgage
        Files
        for the related Mortgage Loans and the Trustee shall execute and deliver
        any
        documents prepared and delivered to it which are necessary to transfer any
        related REO Property.

       

      Upon
        presentation and surrender of the related Certificates, the Trustee shall
        cause
        to be distributed to related Certificateholders of each Class the amounts
        allocable to such Certificates held in the Distribution Account in the order
        and
        priority set forth in Section 5.04 hereof on the final Distribution Date
        and in
        proportion to their respective Percentage Interests.

       

      In
        the
        event that any affected Certificateholders shall not surrender Certificates
        for
        cancellation within six months after the date specified in the above mentioned
        written notice, the Trustee shall give a second written notice to the remaining
        Certificateholders to surrender their Certificates for cancellation and receive
        the final distribution with respect thereto. If within six months after the
        second notice all the applicable Certificates shall not have been surrendered
        for cancellation, the Trustee may take appropriate steps, or may appoint
        an
        agent to take appropriate steps, to contact the remaining Certificateholders
        concerning surrender of their Certificates, and the cost thereof shall be
        paid
        out of the funds and other assets that remain a part of the Trust Fund. If
        within one year after the second notice all Certificates shall not have been
        surrendered for cancellation, the related Class R Certificateholders shall
        be
        entitled to all related unclaimed funds and other assets of the Trust Fund
        that
        remain subject hereto.

       

      Section
        10.03  Additional
        Termination Requirements. 

       

      (a)  Upon
        exercise by the related Majority Class CE Certificateholder or the Master
        Servicer, as applicable, of its purchase option as provided in Section 10.01,
        the related Sub-Trust shall be terminated in accordance with the following
        additional requirements, unless the Trustee has been supplied with an Opinion
        of
        Counsel addressed to the Trustee, at the expense of the related Majority
        Class
        CE Certificateholder or the Master Servicer, as applicable, to the effect
        that
        the failure of the related Sub-Trust to comply with the requirements of this
        Section 10.03 will not (i) result in the imposition of taxes on “prohibited
        transactions” of a REMIC, or (ii) cause a REMIC to fail to qualify as a REMIC at
        any time that any Certificates are outstanding:

       

      (1)  The
        related Majority Class CE Certificateholder or the Master Servicer, as
        applicable, shall establish a 90-day liquidation period and notify the Trustee
        thereof, and the Trustee shall in turn specify the first day of such period
        in a
        statement attached to the tax return for each of REMIC I, REMIC II, REMIC
        III,
        REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X,
        as
        applicable, pursuant to Treasury Regulation Section 1.860F-1. The related
        Majority Class CE Certificateholder or the Master Servicer, as applicable,
        shall
        satisfy all the requirements of a qualified liquidation under Section 860F
        of
        the Code and any regulations thereunder, as evidenced by an Opinion of Counsel
        obtained at the expense of the related Majority Class CE Certificateholder
        or
        the Master Servicer, as applicable;

       

      (2)  During
        such 90-day liquidation period, and at or prior to the time of making the
        final
        payment on the Certificates, the Trustee shall sell all of the assets of
        REMIC I
        or REMIC II, as applicable, for cash; and

       

      (3)  At
        the
        time of the making of the final payment on the Certificates, the Trustee
        shall
        distribute or credit, or cause to be distributed or credited, to the Holders
        of
        the related Residual Certificates all cash on hand (other than cash retained
        to
        meet claims), and REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC
        VI,
        REMIC VII, REMIC VIII, REMIC IX or REMIC X, as applicable, shall terminate
        at
        that time.

       

      (b)  By
        their
        acceptance of the Certificates, the Holders thereof hereby authorize the
        adoption of a 90-day liquidation period and the adoption of a plan of complete
        liquidation for the related REMICs, which authorization shall be binding
        upon
        all successor Certificateholders.

       

      (c)  The
        Trustee as agent for each REMIC hereby agrees to adopt and sign such a plan
        of
        complete liquidation meeting the requirements for a qualified liquidation
        under
        Section 860F of the Code and any regulations thereunder upon the written
        request
        of the related Majority Class CE Certificateholder or the Master Servicer,
        as
        applicable, and the receipt of the Opinion of Counsel referred to in Section
        10.03(a)(1) and to take such other action in connection therewith as may
        be
        reasonably requested by the related Majority Class CE Certificateholder or
        the
        Master Servicer, as applicable.

       

      ARTICLE
        XI

      MISCELLANEOUS
        PROVISIONS

       

      Section
        11.01  Amendment. 

       

      This
        Agreement may be amended from time to time by parties hereto without the
        consent
        of any of the Certificateholders to cure any ambiguity, to correct or supplement
        any provisions herein (including to give effect to the expectations of
        investors), to comply with any changes in the Code, to revise any provisions
        to
        reflect the obligations of the parties to this Agreement as they relate to
        Regulation AB, to change the manner in which the Protected Account is maintained
        or to make such other provisions with respect to matters or questions arising
        under this Agreement as shall not be inconsistent with any other provisions
        herein if such action shall not, as evidenced by an Opinion of Counsel addressed
        to the Trustee, adversely affect in any material respect the interests of
        any
        Certificateholder; provided that any such amendment shall be deemed not to
        adversely affect in any material respect the interests of the Certificateholders
        and no such Opinion of Counsel shall be required if the Person requesting
        such
        amendment obtains a letter from each Rating Agency stating that such amendment
        would not result in the downgrading or withdrawal of the respective ratings
        then
        assigned to the Certificates.

       

      Notwithstanding
        the foregoing, without the consent of the Certificateholders, the parties
        hereto
        may at any time and from time to time amend this Agreement to modify, eliminate
        or add to any of its provisions to such extent as shall be necessary or
        appropriate to maintain the qualification of any of REMIC I, REMIC II, REMIC
        III, REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC
        X as
        a REMIC under the Code or to avoid or minimize the risk of the imposition
        of any
        tax on any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI,
        REMIC
        VII, REMIC VIII, REMIC IX or REMIC X pursuant to the Code that would be a
        claim
        against any of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V, REMIC VI,
        REMIC
        VII, REMIC VIII, REMIC IX or REMIC X at any time prior to the final redemption
        of the Certificates, provided that the Trustee has been provided an Opinion
        of
        Counsel addressed to the Trustee, which opinion shall be an expense of the
        party
        requesting such opinion but in any case shall not be an expense of the Trustee
        or the Trust Fund, to the effect that such action is necessary or appropriate
        to
        maintain such qualification or to avoid or minimize the risk of the imposition
        of such a tax.

       

      This
        Agreement may also be amended from time to time by the parties hereto with
        the
        consent of Holders of the Certificates evidencing over 50% of the aggregate
        Certificate Principal Balance of the Certificates, with the consent of Holders
        of the Certificates evidencing over 50% of the aggregate Certificate Principal
        Balance of the Certificates in the related certificate group, or with the
        consent of Holders of each Class of Certificates affected thereby, evidencing
        over 50% of the aggregate Certificate Principal Balance of that Class, as
        applicable, for the purpose of adding any provisions to or changing in any
        manner or eliminating any of the provisions of this Agreement or of modifying
        in
        any manner the rights of the Holders of Certificates; provided that no such
        amendment shall (i) reduce in any manner the amount of, or delay the timing
        of,
        payments required to be distributed on any Certificate without the consent
        of
        the Holder of such Certificate, (ii) cause any of REMIC I, REMIC II, REMIC
        III,
        REMIC IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X to
        cease
        to qualify as a REMIC or (iii) reduce the aforesaid percentages of Certificates
        of each Class the Holders of which are required to consent to any such amendment
        without the consent of the Holders of all Certificates of such Class then
        outstanding.

       

      Notwithstanding
        any contrary provision of this Agreement, the Trustee shall not consent to
        any
        amendment to this Agreement unless it shall have first received an Opinion
        of
        Counsel addressed to the Trustee, which opinion shall be an expense of the
        party
        requesting such amendment but in any case shall not be an expense of the
        Trustee, to the effect that such amendment will not (other than an amendment
        pursuant to clause (ii) of, and in accordance with, the preceding paragraph)
        cause the imposition of any tax on any of REMIC I, REMIC II, REMIC III, REMIC
        IV, REMIC V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X or the
        Certificateholders or cause any of REMIC I, REMIC II, REMIC III, REMIC IV,
        REMIC
        V, REMIC VI, REMIC VII, REMIC VIII, REMIC IX or REMIC X to cease to qualify
        as a
        REMIC at any time that any Certificates are outstanding. Further, nothing
        in
        this Agreement shall require the Trustee to enter into an amendment without
        receiving an Opinion of Counsel, satisfactory to the Trustee that (i) such
        amendment is permitted and is not prohibited by this Agreement and that all
        requirements for amending this Agreement (including any consent of the
        applicable Certificateholders) have been complied with.

       

      Notwithstanding
        any of the other provisions of this Section 11.01, none of the Depositor,
        the
        Master Servicer or the Trustee shall enter into any amendment to (i) Section
        3.21 or Section 5.04(a)(3)(F) of this Agreement without the prior written
        consent of the Group I Swap Provider, which consent shall not be unreasonably
        withheld or (ii) Section 3.22 or Section 5.04(b)(4)(F) of this Agreement
        without
        prior written consent of the Group II Swap Provider, which consent shall
        not be
        unreasonably withheld, and shall not enter into an amendment that has a
        materially adverse effect on any Swap Provider without such Swap Provider’s
        consent, which consent shall not be unreasonably withheld.

       

      Promptly
        after the execution of any amendment to this Agreement requiring the consent
        of
        Certificateholders, the Trustee shall furnish written notification of the
        substance of such amendment to each Certificateholder, each Swap Provider
        and
        each Rating Agency.

       

      It
        shall
        not be necessary for the consent of Certificateholders under this Section
        to
        approve the particular form of any proposed amendment, but it shall be
        sufficient if such consent shall approve the substance thereof. The manner
        of
        obtaining such consents and of evidencing the authorization of the execution
        thereof by Certificateholders shall be subject to such reasonable regulations
        as
        the Trustee may prescribe.

       

      Section
        11.02  Recordation
        of Agreement; Counterparts. 

       

      To
        the
        extent permitted by applicable law, this Agreement is subject to recordation
        in
        all appropriate public offices for real property records in all of the counties
        or other comparable jurisdictions in which any or all of the Mortgaged
        Properties are situated, and in any other appropriate public recording office
        or
        elsewhere. The Master Servicer shall effect such recordation at the Trust’s
        expense upon the request in writing of a Certificateholder, but only if such
        direction is accompanied by an Opinion of Counsel (provided at the expense
        of
        the Certificateholder requesting recordation) to the effect that such
        recordation would materially and beneficially affect the interests of the
        Certificateholders or is required by law.

       

      For
        the
        purpose of facilitating the recordation of this Agreement as herein provided
        and
        for other purposes, this Agreement may be executed simultaneously in any
        number
        of counterparts, each of which counterparts shall be deemed to be an original,
        and such counterparts shall constitute but one and the same
        instrument.

       

      Section
        11.03  Governing
        Law. 

       

      THIS
        AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE SUBSTANTIVE
        LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED
        IN THE STATE OF NEW YORK AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE
        PARTIES
        HERETO AND THE CERTIFICATEHOLDERS SHALL BE DETERMINED IN ACCORDANCE WITH
        SUCH
        LAWS WITHOUT REGARD TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF (OTHER THAN
        SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAWS).

       

      Section
        11.04  Intention
        of Parties. 

       

      It
        is the
        express intent of the parties hereto that the conveyance of the Mortgage
        Notes,
        Mortgages, assignments of Mortgages, title insurance policies and any
        modifications, extensions and/or assumption agreements and private mortgage
        insurance policies relating to the Mortgage Loans by the Sellers to the
        Depositor, and by the Depositor to the Trustee be, and be construed as, an
        absolute sale thereof to the Depositor or the Trustee, as applicable. It
        is,
        further, not the intention of the parties that such conveyance be deemed
        a
        pledge thereof by the Seller to the Depositor, or by the Depositor to the
        Trustee. However, in the event that, notwithstanding the intent of the parties,
        such assets are held to be the property of the Sellers or the Depositor,
        as
        applicable, or if for any other reason the Mortgage Loan Purchase Agreement
        or
        this Agreement is held or deemed to create a security interest in such assets,
        then (i) the Mortgage Loan Purchase Agreement and this Agreement shall each
        be
        deemed to be a security agreement within the meaning of the Uniform Commercial
        Code of the State of New York and (ii) the conveyance provided for in the
        Mortgage Loan Purchase Agreement from the Sellers to the Depositor, and the
        conveyance provided for in this Agreement from the Depositor to the Trustee,
        shall be deemed to be an assignment and a grant by the Sellers or the Depositor,
        as applicable, for the benefit of the Certificateholders of a security interest
        in all of the assets that constitute the Trust Fund, whether now owned or
        hereafter acquired.

       

      The
        Depositor for the benefit of the Certificateholders shall, to the extent
        consistent with this Agreement, take such actions as may be necessary to
        ensure
        that, if this Agreement were deemed to create a security interest in the
        assets
        of the Trust Fund, such security interest would be deemed to be a perfected
        security interest of first priority under applicable law and will be maintained
        as such throughout the term of the Agreement.

       

      Section
        11.05  Notices. 

       

      (a)  The
        Trustee shall use its best efforts to promptly provide notice to each Rating
        Agency with respect to each of the following of which a Responsible Officer
        of
        the Trustee has actual knowledge:

       

      (i)  Any
        material change or amendment to this Agreement;

       

      (ii)  The
        occurrence of any Event of Default that has not been cured;

       

      (iii)  The
        resignation or termination of the Master Servicer or the Trustee and the
        appointment of any successor;

       

      (iv)  The
        repurchase or substitution of Mortgage Loans pursuant to Sections 2.02, 2.03,
        3.19 and 10.01; and

       

      (v)  The
        final
        payment to Certificateholders.

       

      (b)  All
        directions, demands and notices hereunder shall be in writing and shall be
        deemed to have been duly given when delivered at or mailed by registered
        mail,
        return receipt requested, postage prepaid, or by recognized overnight courier,
        or by facsimile transmission to a number provided by the appropriate party
        if
        receipt of such transmission is confirmed to (i) in the case of the Depositor,
        Bear Stearns Asset Backed Securities I LLC, 383 Madison Avenue, New York,
        New
        York 10179, Attention: Chief Counsel, and with respect to Regulation AB
        notifications to the Depositor at regabnotifications@bear.com; (ii) in the
        case
        of the Seller or the Master Servicer, EMC Mortgage Corporation, 2780 Lake
        Vista
        Drive, Lewisville, Texas 75067 (Facsimile: (972) 444-2880), attention: President
        or General Counsel, or such other address as may be hereafter furnished to
        the
        other parties hereto by the Master Servicer in writing; (iii) in the case
        of the
        Trustee, at each Corporate Trust Office or such other address as the Trustee
        may
        hereafter furnish to the other parties hereto, (iv) in the case of Bear Stearns
        Financial Products Inc., 383 Madison Avenue, New York, New York 10179 and
        (v) in
        the case of the Rating Agencies, (x) Moody’s Investors Service, Inc., 99 Church
        Street, New York, New York 10007, Attention: Home Equity Monitoring and (y)
        Standard & Poor’s, 55 Water Street, 41st Floor, New York, New York 10041,
        the Master Servicer or the Trustee under this Agreement shall be effective
        only
        upon receipt. Any notice required or permitted to be mailed to a
        Certificateholder, unless otherwise provided herein, shall be given by
        first-class mail, postage prepaid, at the address of such Certificateholder
        as
        shown in the Certificate Register; any notice so mailed within the time
        prescribed in this Agreement shall be conclusively presumed to have been
        duly
        given, whether or not the Certificateholder receives such notice.

       

      Section
        11.06  Severability
        of Provisions. 

       

      If
        any
        one or more of the covenants, agreements, provisions or terms of this Agreement
        shall be for any reason whatsoever held invalid, then such covenants,
        agreements, provisions or terms shall be deemed severable from the remaining
        covenants, agreements, provisions or terms of this Agreement and shall in
        no way
        affect the validity or enforceability of the other provisions of this Agreement
        or of the Certificates or the rights of the Holders thereof.

       

      Section
        11.07  Assignment. 

       

      Notwithstanding
        anything to the contrary contained herein, except as provided pursuant to
        Section 7.02, this Agreement may not be assigned by the Master Servicer,
        EMC (on
        its own behalf as Seller and on behalf of Master Funding) or the
        Depositor.

       

      Section
        11.08  Limitation
        on Rights of Certificateholders. 

       

      The
        death
        or incapacity of any Certificateholder shall not operate to terminate this
        Agreement or the Trust Fund, nor entitle such Certificateholder’s legal
        representative or heirs to claim an accounting or to take any action or commence
        any proceeding in any court for a petition or winding up of the Trust Fund,
        or
        otherwise affect the rights, obligations and liabilities of the parties hereto
        or any of them.

       

      No
        Certificateholder shall have any right to vote (except as provided herein)
        or in
        any manner otherwise control the operation and management of the Trust Fund,
        or
        the obligations of the parties hereto, nor shall anything herein set forth
        or
        contained in the terms of the Certificates be construed so as to constitute
        the
        Certificateholders from time to time as partners or members of an association;
        nor shall any Certificateholder be under any liability to any third party
        by
        reason of any action taken by the parties to this Agreement pursuant to any
        provision hereof.

       

      No
        Certificateholder shall have any right by virtue or by availing itself of
        any
        provisions of this Agreement to institute any suit, action or proceeding
        in
        equity or at law upon or under or with respect to this Agreement, unless
        such
        Holder previously shall have given to the Trustee a written notice of an
        Event
        of Default and of the continuance thereof, as hereinbefore provided, the
        Holders
        of Certificates evidencing not less than 25% of the Voting Rights evidenced
        by
        the Certificates shall also have made written request to the Trustee to
        institute such action, suit or proceeding in its own name as Trustee hereunder
        and shall have offered to the Trustee such reasonable indemnity as it may
        require against the costs, expenses, and liabilities to be incurred therein
        or
        thereby, and the Trustee for 60 days after its receipt of such notice, request
        and offer of indemnity shall have neglected or refused to institute any such
        action, suit or proceeding; it being understood and intended, and being
        expressly covenanted by each Certificateholder with every other
        Certificateholder and the Trustee, that no one or more Holders of Certificates
        shall have any right in any manner whatever by virtue or by availing itself
        or
        themselves of any provisions of this Agreement to affect, disturb or prejudice
        the rights of the Holders of any other of the Certificates, or to obtain
        or seek
        to obtain priority over or preference to any other such Holder or to enforce
        any
        right under this Agreement, except in the manner herein provided and for
        the
        common benefit of all Certificateholders. For the protection and enforcement
        of
        the provisions of this Section 11.08, each and every Certificateholder or
        the
        Trustee shall be entitled to such relief as can be given either at law or
        in
        equity.

       

      Section
        11.09  Inspection
        and Audit Rights. 

       

      The
        Master Servicer agrees that, on reasonable prior notice, it will permit any
        representative of the Depositor or the Trustee during the Master Servicer’s
        normal business hours, to examine all the books of account, records, reports
        and
        other papers of the Master Servicer relating to the Mortgage Loans, to make
        copies and extracts therefrom, to cause such books to be audited by independent
        certified public accountants selected by the Depositor and the Trustee and
        to
        discuss its affairs, finances and accounts relating to such Mortgage Loans
        with
        its officers, employees and independent public accountants (and by this
        provision the Master Servicer hereby authorizes such accountants to discuss
        with
        such representative such affairs, finances and accounts), all at such reasonable
        times and as often as may be reasonably requested. Any out-of-pocket expense
        incident to the exercise by the Depositor or the Trustee of any right under
        this
        Section 11.09 shall be borne by the party requesting such inspection, subject
        to
        such party’s right to reimbursement hereunder (in the case of the Trustee,
        pursuant to Section 9.05 hereof.

       

      Section
        11.10  Certificates
        Nonassessable and Fully Paid. 

       

      It
        is the
        intention of the Depositor that Certificateholders shall not be personally
        liable for obligations of the Trust Fund, that the interests in the Trust
        Fund
        represented by the Certificates shall be nonassessable for any reason
        whatsoever, and that the Certificates, upon due authentication thereof by
        the
        Trustee pursuant to this Agreement, are and shall be deemed fully
        paid.

       

      Section
        11.11  Third
        Party Rights. 

       

      Each
        Swap
        Provider shall be an express third-party beneficiary of this Agreement to
        the
        extent of its express rights to receive any payments under this Agreement
        or
        any
        other express rights of
        each
        Swap Provider explicitly
        stated in this Agreement,
        and
        shall have the right to enforce  such rights under this
        Agreement as if it were a party hereto. The Swap Administrator shall be an
        express third-party beneficiary of this Agreement to the extent of its express
        rights to receive any payments under this Agreement or
        any
        other express rights of
        the
        Swap Administrator explicitly
        stated in this Agreement,
        and
        shall have the right to enforce  such rights under this
        Agreement as if it were a party hereto.

      

      

      *
        *
        *

      

       

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

       

      
        	
                BEAR
                  STEARNS ASSET BACKED 

                SECURITIES
                  I LLC,

                as
                  Depositor

              
	 	 
	
                By:

              	/s/
                Joseph T. Jurkowski, Jr.
	
                Name:

              	
                Joseph
                  T. Jurkowski, Jr.

              
	
                Title:

              	
                Vice
                  President

              
	 
	 
	
                EMC
                  MORTGAGE CORPORATION,

                as
                  Seller and as Master Servicer

              
	 	 
	
                By:

              	/s/
                Sue Stepanek
	
                Name:

              	Sue
                Stepanek
	
                Title:

              	
                Executive
                  Vice President

              
	 
	 
	
                LASALLE
                  BANK NATIONAL ASSOCIATION,

                as
                  Trustee

              
	 	 
	
                By:

              	/s/
                Susan L. Feld
	
                Name:

              	Susan
                L.
                Feld
	
                Title:

              	
                Assistant
                  Vice President

              

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                STATE
                  OF NEW YORK

              	
                )

              	 
	 	
                )

              	
                ss.:

              
	
                COUNTY
                  OF NEW YORK

              	
                )

              	 

      

      

       

      On
        this
        30th
        day of
        August, 2006, before me, a notary public in and for said State, appeared
        Joseph
        T. Jurkowski, Jr., personally known to me on the basis of satisfactory evidence
        to be an authorized representative of Bear Stearns Asset Backed Securities
        I
        LLC, one of the companies that executed the within instrument, and also known
        to
        me to be the person who executed it on behalf of such limited liability company
        and acknowledged to me that such limited liability company executed the within
        instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

      
        	 	 
	 	
                Notary
                  Public

              

      

      [Notarial
        Seal]

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                STATE
                  OF TEXAS

              	
                )

              	 
	 	
                )

              	
                ss.:

              
	
                COUNTY
                  OF DALLAS

              	
                )

              	 

      

      

       

      On
        this
        30th
        day of
        August 2006, before me, a notary public in and for said State, appeared
        __________________, personally known to me on the basis of satisfactory evidence
        to be an authorized representative of EMC Mortgage Corporation, one of the
        corporations that executed the within instrument, and also known to me to
        be the
        person who executed it on behalf of such corporation and acknowledged to
        me that
        such corporation executed the within instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

      
        	 	 
	 	
                Notary
                  Public

              

      

      [Notarial
        Seal]

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                STATE
                  OF ILLINOIS

              	
                )

              	 
	 	
                )

              	
                ss.:

              
	
                COUNTY
                  OF COOK

              	
                )

              	 

      

      

      On
        this
        30th
        day of
        August, 2006, before me, a notary public in and for said State, appeared
        ______________, personally known to me on the basis of satisfactory evidence
        to
        be an authorized representative of LaSalle Bank National Association that
        executed the within instrument, and also known to me to be the person who
        executed it on behalf of such corporation, and acknowledged to me that such
        corporation executed the within instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

      
        	 	 
	 	
                Notary
                  Public

              

      

      [Notarial
        Seal]

      
 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      

      EXHIBIT
        A-1

       

      Form
        of
        Class A Certificates

       

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR
        INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE
        DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE
        CODE OF
        1986 (THE “CODE”).

       

      THE
        CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL BE DECREASED BY THE
        PRINCIPAL PAYMENTS HEREON AND REALIZED LOSSES ALLOCABLE HERETO. ACCORDINGLY,
        FOLLOWING THE INITIAL ISSUANCE OF THE CERTIFICATES, THE CERTIFICATE PRINCIPAL
        BALANCE OF THIS CERTIFICATE WILL BE DIFFERENT FROM THE DENOMINATION SHOWN
        BELOW.
        ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CERTIFICATE PRINCIPAL
        BALANCE BY INQUIRY OF THE TRUSTEE NAMED HEREIN.

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY TO THE DEPOSITOR OR ITS AGENT FOR REGISTRATION OF TRANSFER,
        EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME
        OF
        CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
        OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE & CO., ANY
        TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
        PERSON
        IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
        HEREIN.

       

      PRIOR
        TO THE TERMINATION OF THE GROUP [I][II] SUPPLEMENTAL INTEREST TRUST, ANY
        PERSON
        ACQUIRING A CERTIFICATE SHALL BE DEEMED TO HAVE MADE THE REPRESENTATIONS
        IN
        SECTION 6.02(h)
        OF THE POOLING AND SERVICING AGREEMENT. 

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      

       

      
        	
                Certificate
                  No. 1

                 

              	
                Adjustable
                  Rate

                 

              
	 	 
	
                Class
                  [I-A-1][I-A-2][I-A-3][II-1A-1][II-1A-2][II-1A-3][II-2A]
                  Senior

                 

              	 
	 	 
	
                Date
                  of Pooling and Servicing Agreement

                and
                  Cut-off Date: August 1, 2006

              	
                Aggregate
                  Initial Certificate Principal Balance of this Certificate as of
                  the
                  Cut-off Date:

                $[__________]

                 

              
	 	 
	
                First
                  Distribution Date:

                September
                  25, 2006

                 

              	
                Initial
                  Certificate Principal Balance of this Certificate as of the Cut-off
                  Date:

                $[__________]

                 

              
	 	 
	
                Master
                  Servicer:

                EMC
                  Mortgage Corporation

                 

              	
                CUSIP:
                  [_____]

                 

              
	 	 
	
                Last
                  Scheduled Distribution Date:

                [__________,
                  __]

                 

              	 

      

      

      ASSET-BACKED
        CERTIFICATE

       

      SERIES
        2006-HE7

       

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        [I-A-1][I-A-2][I-A-3][II-1A-1][II-1A-2][II-1A-3][II-2A] Certificates with
        respect to a Trust Fund consisting primarily of a pool of conventional,
        closed-end, first and second lien, subprime, one- to four-family fixed and
        adjustable interest rate mortgage loans sold by BEAR STEARNS ASSET BACKED
        SECURITIES I LLC.

       

      This
        Certificate is payable solely from the assets of the Trust Fund relating
        to Loan
        Group [I][II], and does not represent an obligation of or interest in Bear
        Stearns Asset Backed Securities I LLC, the Master Servicer or the Trustee
        referred to below or any of their affiliates or any other person. Neither
        this
        Certificate nor the underlying Mortgage Loans are guaranteed or insured by
        any
        governmental entity or by Bear Stearns Asset Backed Securities I LLC, the
        Master
        Servicer or the Trustee or any of their affiliates or any other person. None
        of
        Bear Stearns Asset Backed Securities I LLC, the Master Servicer or any of
        their
        affiliates will have any obligation with respect to any certificate or other
        obligation secured by or payable from payments on the Certificates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced hereby in the beneficial ownership interest of Certificates of
        the
        same Class as this Certificate in a trust (the “Trust Fund”) generally
        consisting of conventional, closed-end, first and second lien, subprime,
        fixed
        and adjustable rate mortgage loans secured by one- to four- family residences
        (collectively, the “Mortgage Loans”) sold by Bear Stearns Asset Backed
        Securities I LLC (“BSABS I”). The Mortgage Loans were sold by EMC Mortgage
        Corporation (“EMC”) and Master Funding LLC to BSABS I. EMC will act as master
        servicer of the Mortgage Loans (in that capacity, the “Master Servicer,” which
        term includes any successors thereto under the Agreement referred to below).
        The
        Trust Fund was created pursuant to the Pooling and Servicing Agreement, dated
        as
        of the Cut-off Date specified above (the “Agreement”), among BSABS I, as
        depositor (the “Depositor”), EMC Mortgage Corporation, as seller and as Master
        Servicer, and LaSalle Bank National Association, as trustee (the “Trustee”), a
        summary of certain of the pertinent provisions of which is set forth hereafter.
        To the extent not defined herein, capitalized terms used herein shall have
        the
        meaning ascribed to them in the Agreement. This Certificate is issued under
        and
        is subject to the terms, provisions and conditions of the Agreement, to which
        Agreement the Holder of this Certificate by virtue of its acceptance hereof
        assents and by which such Holder is bound.

       

      Interest
        on this Certificate will accrue from and including the immediately preceding
        Distribution Date (or with respect to the First Distribution Date, the Closing
        Date) to and including the day prior to the current Distribution Date on
        the
        Certificate Principal Balance hereof at a per annum rate equal to the
        Pass-Through Rate set forth above. The Trustee will distribute on the 25th
        day
        of each month, or, if such 25th day is not a Business Day, the immediately
        following Business Day (each, a “Distribution Date”), commencing on the First
        Distribution Date specified above, to the Person in whose name this Certificate
        is registered at the close of business on the Business Day immediately preceding
        such Distribution Date so long as such Certificate remains in book-entry
        form
        (and otherwise, the close of business on the last Business Day of the month
        immediately preceding the month of such Distribution Date), an amount equal
        to
        the product of the Percentage Interest evidenced by this Certificate and
        the
        amount (of interest and principal, if any) required to be distributed to
        the
        Holders of Certificates of the same Class as this Certificate. The Assumed
        Final
        Distribution Date is the Distribution Date in the month following the latest
        scheduled maturity date of any Mortgage Loan.

       

      Distributions
        on this Certificate will be made by the Trustee by check mailed to the address
        of the Person entitled thereto as such name and address shall appear on the
        Certificate Register or, if such Person so requests by notifying the Trustee
        in
        writing as specified in the Agreement. Notwithstanding the above, the final
        distribution on this Certificate will be made after due notice by the Trustee
        of
        the pendency of such distribution and only upon presentation and surrender
        of
        this Certificate at the office or agency appointed by the Trustee for that
        purpose and designated in such notice. The initial Certificate Principal
        Balance
        of this Certificate is set forth above. The Certificate Principal Balance
        hereof
        will be reduced to the extent of distributions allocable to principal hereon
        and
        any Realized Losses allocable hereto.

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Trustee
        is not
        liable to the Certificateholders for any amount payable under this Certificate
        or the Agreement or, except as expressly provided in the Agreement, subject
        to
        any liability under the Agreement.

       

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Trustee.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of Certificates, evidencing
        over 50% of the aggregate Certificate Principal Balance of the Certificates,
        or
        with the consent the Holders of the Certificates evidencing over 50% of the
        aggregate Certificate Principal Balance of the related Certificates, or with
        the
        consent of the Holders of each Class of related Certificates affected thereby,
        as applicable. Any
        such
        consent by the Holder of this Certificate shall be conclusive and binding
        on
        such Holder and upon all future Holders of this Certificate and of any
        Certificate issued upon the transfer hereof or in lieu hereof whether or
        not
        notation of such consent is made upon this Certificate. The Agreement also
        permits the amendment thereof, in certain limited circumstances, without
        the
        consent of the Holders of any of the Certificates.

       

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Trustee upon surrender
        of this Certificate for registration of transfer at the offices or agencies
        maintained by the Trustee for such purposes, duly endorsed by, or accompanied
        by
        a written instrument of transfer in form satisfactory to the Trustee duly
        executed by the Holder hereof or such Holder’s attorney duly authorized in
        writing, and thereupon one or more new Certificates in authorized denominations
        representing a like aggregate Percentage Interest will be issued to the
        designated transferee.

       

      Prior
        to
        the termination of the Group [I][II] Supplemental Interest Trust, any transferee
        of this Certificate shall be deemed to make the representations in Section
        6.02(h) of the Agreement. 

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Trustee may require payment of a sum sufficient to cover
        any tax or other governmental charge payable in connection therewith. The
        Depositor, the Master Servicer, the Trustee and any agent of any of them
        may
        treat the Person in whose name this Certificate is registered as the owner
        hereof for all purposes, and none of Depositor, the Master Servicer, the
        Trustee
        or any such agent shall be affected by notice to the contrary.

       

      The
        obligations created by the Agreement and the Trust Fund relating to Loan
        Group
        [I][II] created thereby (other than the obligations to make payments to related
        Certificateholders with respect to the termination of the Agreement) shall
        terminate upon the earlier of (i) the later of (A) the maturity or other
        liquidation (or Advance with respect thereto) of the last Mortgage Loan
        remaining in the Trust Fund relating to Loan Group [I][II] and disposition
        of
        all property acquired upon foreclosure or deed in lieu of foreclosure of
        any
        Group [I][II] Mortgage Loan and (B) the remittance of all funds relating
        to Loan
        Group [I][II] due under the Agreement, or (ii) the optional repurchase by
        the
        party named in the Agreement of all the Mortgage Loans and other assets of
        the
        Trust Fund relating to Loan Group [I][II] in accordance with the terms of
        the
        Agreement. Such optional repurchase may be made only on or after the first
        Distribution Date on which the aggregate Stated Principal Balance of the
        Group
        [I][II] Mortgage Loans is less than or equal to a certain percentage of the
        aggregate Stated Principal Balance of the Group [I][II] Mortgage Loans as
        of the
        Cut-off Date as set forth in the Agreement. The exercise of such right will
        effect the early retirement of the Group [I][II] Certificates. In no event,
        however, will the Group [I][II] Sub-Trust created by the Agreement continue
        beyond the earlier of
        (i)
        the expiration of 21 years after the death of certain persons identified
        in the
        Agreement and (ii) the Latest Possible Maturity Date (as defined in the
        Agreement) related to Loan Group [I][II].

       

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Trustee by manual signature, this Certificate shall not be entitled to any
        benefit under the Agreement, or be valid for any purpose.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
        executed.

       

      
        	
                Dated: _________,
                  ____

              	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION,

                not
                  in its individual capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      CERTIFICATE
        OF AUTHENTICATION

       

      This
        is
        one of the Class [I-A-1][I-A-2][I-A-3][II-1A-1][II-1A-2][II-1A-3][II-2A]
        Certificates referred to in the within-mentioned Agreement.

       

      
        	 	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION

                Authorized
                  signatory of LaSalle Bank National Association, not in its individual
                  capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      ASSIGNMENT

       

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

       

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

       

      
        	 	 	 
	 	 	
                .

              
	 	 	 

      

      

       

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

      

       

      DISTRIBUTION
        INSTRUCTIONS

       

      The
        assignee should include the following for purposes of distribution:

       

      
        	
                Distributions
                  shall be made, by wire transfer or otherwise, in immediately available
                  

              
	
                funds
                  to________________________________________________________________________________________________

              
	____________________________________________________________________________________________
	
                for
                  the account
                  of_________________________________________________________________________________________

              
	
                account
                  number________________________________________________________________________or,
                  if mailed by check, to

              
	____________________________________________________________________________________________
	
                Applicable
                  statements should be mailed
                  to______________________________________________________________________

              
	____________________________________________________________________________________________ 
	 
	
                This
                  information is provided
                  by________________________________________________________________________

              
	
                assignee
                  named above,
                  or___________________________________________________________________________________

              
	
                its
                  agent.

              	 

      

      

      

       

      

      

      EXHIBIT
        A-2

       

      Form
        of
        Class M Certificates

       

      [For
        the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class
        I-M-6, Class I-M-7, Class I-M-8, Class I-M-9, Class I-M-10 and Class I-M-11
        Certificates] THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE
        GROUP
        I SENIOR CERTIFICATES [,] [AND] [CLASS I-M-1 CERTIFICATES] [,] [AND] [CLASS
        I-M-2 CERTIFICATES] [,] [AND] [CLASS I-M-3 CERTIFICATES] [,] [AND] [CLASS
        I-M-4
        CERTIFICATES] [,] [AND] [CLASS I-M-5 CERTIFICATES] [,] [AND] [CLASS I-M-6
        CERTIFICATES] [,] [AND] [CLASS I-M-7 CERTIFICATES] [,] [AND] [CLASS I-M-8
        CERTIFICATES] [,] [AND] [CLASS I-M-9 CERTIFICATES] [AND] [CLASS I-M-10
        CERTIFICATES] AS DESCRIBED IN THE AGREEMENT (AS DEFINED
        BELOW).

       

      [For
        the Class II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5,
        Class
        II-M-6, Class II-M-7, Class II-M-8, Class II-M-9, Class II-M-10 and Class
        II-M-11 Certificates] THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT
        TO
        THE GROUP II SENIOR CERTIFICATES [,] [AND] [CLASS II-M-1 CERTIFICATES] [,]
        [AND]
        [CLASS II-M-2 CERTIFICATES] [,] [AND] [CLASS II-M-3 CERTIFICATES] [,] [AND]
        [CLASS II-M-4 CERTIFICATES] [,] [AND] [CLASS II-M-5 CERTIFICATES] [,] [AND]
        [CLASS II-M-6 CERTIFICATES] [,] [AND] [CLASS II-M-7 CERTIFICATES] [,] [AND]
        [CLASS II-M-8 CERTIFICATES] [,] [AND] [CLASS II-M-9 CERTIFICATES] [AND] [CLASS
        II-M-10 CERTIFICATES] AS DESCRIBED IN THE AGREEMENT (AS DEFINED
        BELOW).

       

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR
        INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE
        DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE
        CODE OF
        1986 (THE “CODE”).

       

      THE
        CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL BE DECREASED BY THE
        PRINCIPAL PAYMENTS HEREON AND REALIZED LOSSES ALLOCABLE HERETO. ACCORDINGLY,
        FOLLOWING THE INITIAL ISSUANCE OF THE CERTIFICATES, THE CERTIFICATE PRINCIPAL
        BALANCE OF THIS CERTIFICATE WILL BE DIFFERENT FROM THE DENOMINATION SHOWN
        BELOW.
        ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CERTIFICATE PRINCIPAL
        BALANCE BY INQUIRY OF THE TRUSTEE NAMED HEREIN.

       

      [For
        the Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class
        I-M-6, Class I-M-7, Class I-M-8, Class I-M-9, Class II-M-1, Class II-M-2,
        Class
        II-M-3, Class II-M-4, Class II-M-5, Class II-M-6, Class II-M-7, Class II-M-8
        and
        Class II-M-9 Certificates] EACH
        HOLDER OF A CERTIFICATE OR BENEFICIAL OWNERSHIP SHALL BE DEEMED TO HAVE MADE
        THE
        REPRESENTATIONS SET FORTH IN SECTION 6.02(h)
        OF THE POOLING AND SERVICING AGREEMENT.

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY TO THE DEPOSITOR OR ITS AGENT FOR REGISTRATION OF TRANSFER,
        EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME
        OF
        CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
        OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE & CO., ANY
        TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
        PERSON
        IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
        HEREIN.

       

      [For
        the Class I-M-10, Class I-M-11, Class II-M-10 and Class II-M-11
        Certificates]
        [THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
        ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE SECURITIES
        LAWS. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS
        CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY
        IN
        COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS AND ONLY (1)
        PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT
        THE HOLDER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN
        THE
        MEANING OF RULE 144A (A “QIB”), PURCHASING FOR ITS OWN ACCOUNT OR A QIB
        PURCHASING FOR THE ACCOUNT OF A QIB, WHOM THE HOLDER HAS INFORMED, IN EACH
        CASE,
        THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE
        ON
        RULE 144A, (2) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE
        144
        UNDER THE SECURITIES ACT (IF AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN
        “INSTITUTIONAL ACCREDITED INVESTOR” WITHIN THE MEANING THEREOF IN RULE
        501(a)(1), (2), (3) or (7) OF REGULATION D UNDER THE ACT OR ANY ENTITY IN
        WHICH
        ALL OF THE EQUITY OWNERS COME WITHIN SUCH PARAGRAPHS PURCHASING NOT FOR
        DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, SUBJECT TO (A) THE RECEIPT
        BY
        THE TRUSTEE OF A LETTER SUBSTANTIALLY IN THE FORM PROVIDED IN THE AGREEMENT
        AND
        (B) THE RECEIPT BY THE TRUSTEE OF SUCH OTHER EVIDENCE ACCEPTABLE TO THE TRUSTEE
        THAT SUCH REOFFER, RESALE, PLEDGE OR TRANSFER IS IN COMPLIANCE WITH THE
        SECURITIES ACT AND OTHER APPLICABLE LAWS OR IN EACH CASE IN ACCORDANCE WITH
        ALL
        APPLICABLE SECURITIES LAWS OF THE UNITED STATES AND ANY OTHER APPLICABLE
        JURISDICTION.]

      

      [For
        the Class I-M-10, Class I-M-11, Class II-M-10 and Class II-M-11
        Certificates]
        [NOTWITHSTANDING THE PREVIOUS PARAGRAPH, A CERTIFICATION WILL NOT BE REQUIRED
        WITH RESPECT TO THE TRANSFER OF THIS CERTIFICATE TO A DEPOSITORY, OR FOR
        ANY
        SUBSEQUENT TRANSFER OF THIS CERTIFICATE FOR SO LONG AS THIS CERTIFICATE IS
        A
        BOOK-ENTRY CERTIFICATE. ANY TRANSFEREE OF THIS CERTIFICATE WILL BE DEEMED
        TO
        HAVE REPRESENTED BY VIRTUE OF ITS PURCHASE OR HOLDING OF THIS CERTIFICATE
        (OR
        INTEREST HEREIN) THAT SUCH TRANSFEREE IS A “QUALIFIED INSTITUTIONAL BUYER”
WITHIN THE MEANING OF RULE 144A UNDER THE 1933 ACT.]

       

      [For
        the Class I-M-10, Class I-M-11, Class II-M-10 and Class II-M-11
        Certificates]
        [THIS CERTIFICATE MAY NOT BE ACQUIRED DIRECTLY OR INDIRECTLY BY, OR ON BEHALF
        OF, AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT WHICH IS SUBJECT
        TO
        TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED,
        OR
        SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, UNLESS THE
        TRANSFEREE CERTIFIES OR REPRESENTS THAT THE PROPOSED TRANSFER AND HOLDING
        OF A
        CERTIFICATE AND THE SERVICING, MANAGEMENT AND OPERATION OF THE TRUST AND
        ITS
        ASSETS: (I) WILL NOT RESULT IN ANY PROHIBITED TRANSACTION WHICH IS NOT COVERED
        UNDER AN INDIVIDUAL OR CLASS PROHIBITED TRANSACTION EXEMPTION, INCLUDING,
        BUT
        NOT LIMITED TO PROHIBITED TRANSACTION CLASS EXEMPTION (“PTCE”) 84-14, PTCE
        91-38, PTCE 90-1, PTCE 95-60 OR PTCE 96-23 AND (II) WILL NOT GIVE RISE TO
        ANY
        ADDITIONAL OBLIGATIONS ON THE PART OF THE DEPOSITOR, THE MASTER SERVICER
        OR THE
        TRUSTEE, WHICH WILL BE DEEMED REPRESENTED BY AN OWNER OF A BOOK-ENTRY
        CERTIFICATE OR A GLOBAL CERTIFICATE OR UNLESS AN OPINION SPECIFIED IN SECTION
        6.02 OF THE AGREEMENT IS PROVIDED.]

       

      

       

      

      
        	
                Certificate
                  No.1

                 

              	
                Adjustable
                  Rate

                 

              
	 	 
	
                Class
                  [I-M-1][I-M-2][I-M-3][I-M-4][I-M-5][I-M-6][I-M-7][I-M-8][I-M-9][I-M-10][I-M-11]
                  [II-M-1][II-M-2][II-M-3][II-M-4][II-M-5][II-M-6][II-M-7][II-M-8][II-M-9][II-M-10][II-M-11]
                  Subordinate

                 

              	 
	 	 
	
                Date
                  of Pooling and Servicing Agreement 

                and
                  Cut-off Date: August 1, 2006

              	
                Aggregate
                  Initial Certificate Principal Balance of this Certificate as of
                  the
                  Cut-off Date:

                $[__________]

                 

              
	 	 
	
                First
                  Distribution Date:

                September
                  25, 2006

                 

              	
                Initial
                  Certificate Principal Balance of this Certificate as of the Cut-off
                  Date:

                $[__________]

                 

              
	 	 
	
                Master
                  Servicer:

                EMC
                  Mortgage Corporation

                 

              	
                CUSIP:
                  [_____]

                 

              
	 	 
	
                Last
                  Scheduled Distribution Date:

                [_________]
                  25, 2036

                 

              	 
	 	 

      

      

      ASSET-BACKED
        CERTIFICATE

       

      SERIES
        2006-HE7

       

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        [I-M-1][I-M-2][I-M-3][I-M-4][I-M-5][I-M-6][I-M-7][I-M-8][I-M-9][I-M-10][I-M-11][II-M-1][II-M-2][II-M-3][II-M-4][II-M-5][II-M-6][II-M-7][II-M-8][II-M-9][II-M-10][II-M-11]
        Certificates with respect to a Trust Fund consisting primarily of a pool
        of
        conventional, closed-end, first and second lien, subprime, one- to four-family
        fixed and adjustable interest rate mortgage loans sold by BEAR STEARNS ASSET
        BACKED SECURITIES I LLC.

       

      This
        Certificate is payable solely from the assets of the Trust Fund relating
        to Loan
        Group [I][II], and does not represent an obligation of or interest in Bear
        Stearns Asset Backed Securities I LLC, the Master Servicer or the Trustee
        referred to below or any of their affiliates or any other person. Neither
        this
        Certificate nor the underlying Mortgage Loans are guaranteed or insured by
        any
        governmental entity or by Bear Stearns Asset Backed Securities I LLC, the
        Master
        Servicer or the Trustee or any of their affiliates or any other person. None
        of
        Bear Stearns Asset Backed Securities I LLC, the Master Servicer or any of
        their
        affiliates will have any obligation with respect to any certificate or other
        obligation secured by or payable from payments on the Certificates.

       

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced hereby in the beneficial ownership interest of Certificates of
        the
        same Class as this Certificate in a trust (the “Trust Fund”) generally
        consisting of conventional, closed-end, first and second lien, subprime,
        fixed
        and adjustable rate mortgage loans secured by one- to four- family residences
        (collectively, the “Mortgage Loans”) sold by Bear Stearns Asset Backed
        Securities I LLC (“BSABS I”). The Mortgage Loans were sold by EMC Mortgage
        Corporation (“EMC”) and Master Funding LLC to BSABS I. EMC will act as master
        servicer of the Mortgage Loans (in that capacity, the “Master Servicer,” which
        term includes any successors thereto under the Agreement referred to below).
        The
        Trust Fund was created pursuant to the Pooling and Servicing Agreement, dated
        as
        of the Cut-off Date specified above (the “Agreement”), among BSABS I, as
        depositor (the “Depositor”), EMC Mortgage Corporation, as seller and as Master
        Servicer, and LaSalle Bank National Association, as trustee (the “Trustee”), a
        summary of certain of the pertinent provisions of which is set forth hereafter.
        To the extent not defined herein, capitalized terms used herein shall have
        the
        meaning ascribed to them in the Agreement. This Certificate is issued under
        and
        is subject to the terms, provisions and conditions of the Agreement, to which
        Agreement the Holder of this Certificate by virtue of its acceptance hereof
        assents and by which such Holder is bound.

       

      Interest
        on this Certificate will accrue from and including the immediately preceding
        Distribution Date (or with respect to the First Distribution Date, the Closing
        Date) to and including the day prior to the current Distribution Date on
        the
        Certificate Principal Balance hereof at a per annum rate equal to the
        Pass-Through Rate set forth above. The Trustee will distribute on the 25th
        day
        of each month, or, if such 25th day is not a Business Day, the immediately
        following Business Day (each, a “Distribution Date”), commencing on the First
        Distribution Date specified above, to the Person in whose name this Certificate
        is registered at the close of business on the Business Day immediately preceding
        such Distribution Date so long as such Certificate remains in book-entry
        form
        (and otherwise, the close of business on the last Business Day of the month
        immediately preceding the month of such Distribution Date), an amount equal
        to
        the product of the Percentage Interest evidenced by this Certificate and
        the
        amount (of interest and principal, if any) required to be distributed to
        the
        Holders of Certificates of the same Class as this Certificate. The Assumed
        Final
        Distribution Date is the Distribution Date in the month following the latest
        scheduled maturity date of any Mortgage Loan.

       

      Distributions
        on this Certificate will be made by the Trustee by check mailed to the address
        of the Person entitled thereto as such name and address shall appear on the
        Certificate Register or, if such Person so requests by notifying the Trustee
        in
        writing as specified in the Agreement. Notwithstanding the above, the final
        distribution on this Certificate will be made after due notice by the Trustee
        of
        the pendency of such distribution and only upon presentation and surrender
        of
        this Certificate at the office or agency appointed by the Trustee for that
        purpose and designated in such notice. The initial Certificate Principal
        Balance
        of this Certificate is set forth above. The Certificate Principal Balance
        hereof
        will be reduced to the extent of distributions allocable to principal hereon
        and
        any Realized Losses allocable hereto

       

      [For
        the
        Class I-M-10, Class I-M-11, Class II-M-10 and Class II-M-11 Certificates]
        [No
        transfer of this Class [I][II]-M-[10][11] Certificate will be made unless
        such
        transfer is (i) exempt from the registration requirements of the Securities
        Act
        of 1933, as amended, and any applicable state securities laws or is made
        in
        accordance with said Act and laws and (ii) made in accordance with Section
        6.02
        of the Agreement. In the event that such transfer is to be made the Trustee
        shall register such transfer if, (i) made to a transferee who has provided
        the
        Trustee with evidence as to its QIB status; or (ii) (A) the transferor has
        advised the Trustee in writing that the Certificate is being transferred
        to an
        Institutional Accredited Investor and (B) prior to such transfer the transferee
        furnishes to the Trustee an Investment Letter; provided that if based upon
        an
        Opinion of Counsel to the effect that (A) and (B) above are not sufficient
        to
        confirm that such transfer is being made pursuant to an exemption from, or
        in a
        transaction not subject to, the registration requirements of the Securities
        Act
        and other applicable laws, the Trustee shall as a condition of the registration
        of any such transfer require the transferor to furnish such other
        certifications, legal opinions or other information prior to registering
        the
        transfer of this Certificate as shall be set forth in such Opinion of
        Counsel.]

       

      [For
        the
        Class I-M-10, Class I-M-11, Class II-M-10 and Class II-M-11 Certificates]
        [Notwithstanding the foregoing, the certifications will not be required with
        respect to the transfer of this Certificate to a Depository, or for any
        subsequent transfer of this Certificate for so long as this Certificate is
        a
        Book-Entry Certificate.]

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Trustee
        is not
        liable to the Certificateholders for any amount payable under this Certificate
        or the Agreement or, except as expressly provided in the Agreement, subject
        to
        any liability under the Agreement.

       

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Trustee.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of Certificates, evidencing
        over 50% of the aggregate Certificate Principal Balance of the Certificates,
        or
        with the consent the Holders of the Certificates evidencing over 50% of the
        aggregate Certificate Principal Balance of the related Certificates, or with
        the
        consent of the Holders of each Class of related Certificates affected thereby,
        as applicable. Any such consent by the Holder of this Certificate shall be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

       

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Trustee upon surrender
        of this Certificate for registration of transfer at the offices or agencies
        maintained by the Trustee for such purposes, duly endorsed by, or accompanied
        by
        a written instrument of transfer in form satisfactory to the Trustee duly
        executed by the Holder hereof or such Holder’s attorney duly authorized in
        writing, and thereupon one or more new Certificates in authorized denominations
        representing a like aggregate Percentage Interest will be issued to the
        designated transferee.

       

      [For
        the
        Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6,
        Class I-M-7, Class I-M-8, Class I-M-9, Class II-M-1, Class II-M-2, Class
        II-M-3,
        Class II-M-4, Class II-M-5, Class II-M-6, Class II-M-7, Class II-M-8 and
        Class
        II-M-9 Certificates] Each holder of a Certificate or beneficial ownership
        shall
        be deemed to have made the representations set forth in Section 6.02(h) of
        the
        Pooling and Servicing Agreement. 

       

      [For
        the
        Class I-M-10, Class I-M-11, Class II-M-10 and Class II-M-11 Certificates]
        [This
        Certificate may not be acquired directly or indirectly by, or on behalf of,
        an
        employee benefit plan or other retirement arrangement which is subject to
        Title
        I of the Employee Retirement Income Security Act of 1974, as amended, or
        Section
        4975 of the Internal Revenue Code of 1986, as amended, unless the transferee
        certifies or represents that the proposed transfer and holding of a Certificate
        and the servicing, management and operation of the trust and its assets:
        (i)
        will not result in any prohibited transaction which is not covered under
        an
        individual or class prohibited transaction exemption, including, but not
        limited
        to, Prohibited Transaction Class Exemption (“PTCE”) 84-14, PTCE 91-38, PTCE
        90-1, PTCE 95-60 or PTCE 96-23 and (ii) will not give rise to any additional
        obligations on the part of the Depositor, the Master Servicer or the Trustee,
        which will be deemed represented by an owner of a Book-Entry Certificate
        or a
        Global Certificate or unless an Opinion of Counsel specified in section 6.02
        of
        the Agreement is provided. This Certificate is one of a duly authorized issue
        of
        Certificates designated as set forth on the face hereof (the “Certificates”).
        The Certificates, in the aggregate, evidence the entire beneficial ownership
        interest in the Trust Fund formed pursuant to the Agreement.] 

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Trustee may require payment of a sum sufficient to cover
        any tax or other governmental charge payable in connection therewith. The
        Depositor, the Master Servicer, the Trustee and any agent of any of them
        may
        treat the Person in whose name this Certificate is registered as the owner
        hereof for all purposes, and none of the Depositor, the Master Servicer,
        the
        Trustee or any such agent shall be affected by notice to the
        contrary.

       

      The
        obligations created by the Agreement and the Trust Fund relating to Loan
        Group
        [I][II] created thereby (other than the obligations to make payments to related
        Certificateholders with respect to the termination of the Agreement) shall
        terminate upon the earlier of (i) the later of (A) the maturity or other
        liquidation (or Advance with respect thereto) of the last Mortgage Loan
        remaining in the Trust Fund relating to Loan Group [I][II] and disposition
        of
        all property acquired upon foreclosure or deed in lieu of foreclosure of
        any
        Group [I][II] Mortgage Loan and (B) the remittance of all funds relating
        to Loan
        Group [I][II] due under the Agreement, or (ii) the optional repurchase by
        the
        party named in the Agreement of all the Mortgage Loans and other assets of
        the
        Trust Fund relating to Loan Group [I][II] in accordance with the terms of
        the
        Agreement. Such optional repurchase may be made only on or after the first
        Distribution Date on which the aggregate Stated Principal Balance of the
        Group
        [I][II] Mortgage Loans is less than or equal to a certain percentage of the
        aggregate Stated Principal Balance of the Group [I][II] Mortgage Loans as
        of the
        Cut-off Date as set forth in the Agreement. The exercise of such right will
        effect the early retirement of the Group [I][II] Certificates. In no event,
        however, will the Group [I][II] Sub-Trust created by the Agreement continue
        beyond the earlier of (i) the expiration of 21 years after the death of certain
        persons identified in the Agreement and (ii) the Latest Possible Maturity
        Date
        (as defined in the Agreement) related to Loan Group [I][II].

       

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Trustee by manual signature, this Certificate shall not be entitled to any
        benefit under the Agreement, or be valid for any purpose.

       

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
        executed.

       

      
        	
                Dated: _________,
                  ____

              	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION,

                not
                  in its individual capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      CERTIFICATE
        OF AUTHENTICATION

       

      This
        is
        one of the Class
        [I-M-1][I-M-2][I-M-3][I-M-4][I-M-5][I-M-6][I-M-7][I-M-8][I-M-9][I-M-10][I-M-11][II-M-1][II-M-2][II-M-3][II-M-4][II-M-5][II-M-6][II-M-7][II-M-8][II-M-9][II-M-10][II-M-11]
        Certificates referred to in the within-mentioned Agreement.

       

      
        	 	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION

                Authorized
                  signatory of LaSalle Bank National Association, not in its individual
                  capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      ASSIGNMENT

       

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

       

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

       

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

      

       

      DISTRIBUTION
        INSTRUCTIONS

       

      The
        assignee should include the following for purposes of distribution:

       

      
        
          	
                  Distributions
                    shall be made, by wire transfer or otherwise, in immediately
                    available
                    

                
	
                  funds
                    to________________________________________________________________________________________________

                
	____________________________________________________________________________________________
	
                  for
                    the account
                    of_________________________________________________________________________________________

                
	
                  account
                    number________________________________________________________________________or,
                    if mailed by check, to

                
	____________________________________________________________________________________________
	
                  Applicable
                    statements should be mailed
                    to______________________________________________________________________

                
	____________________________________________________________________________________________ 
	 
	
                  This
                    information is provided
                    by________________________________________________________________________

                
	
                  assignee
                    named above,
                    or___________________________________________________________________________________

                
	
                  its
                    agent.

                	 

        

        

      

       

      

      EXHIBIT
        A-3

       

      Form
        of
        Class P Certificate

       

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR
        INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE
        DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE
        CODE OF
        1986 (THE “CODE”).

       

      THE
        CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL BE DECREASED BY THE
        PRINCIPAL PAYMENTS HEREON. ACCORDINGLY, FOLLOWING THE INITIAL ISSUANCE OF
        THE
        CERTIFICATES, THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL
        BE
        DIFFERENT FROM THE DENOMINATION SHOWN BELOW. ANYONE ACQUIRING THIS CERTIFICATE
        MAY ASCERTAIN ITS CERTIFICATE PRINCIPAL BALANCE BY INQUIRY OF THE TRUSTEE
        NAMED
        HEREIN.

       

      THIS
        CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
        ACT OF
        1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE SECURITIES LAWS. THE
        HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
        MAY
        BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY IN COMPLIANCE
        WITH
        THE SECURITIES ACT AND OTHER APPLICABLE LAWS AND ONLY (1) PURSUANT TO RULE
        144A
        UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY
        BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A
        (A
“QIB”), PURCHASING FOR ITS OWN ACCOUNT OR A QIB PURCHASING FOR THE ACCOUNT OF
        A
        QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE, THAT THE REOFFER, RESALE,
        PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) PURSUANT
        TO
        AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES
        ACT (IF
        AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN “INSTITUTIONAL ACCREDITED INVESTOR”
WITHIN THE MEANING THEREOF IN RULE 501(a)(1), (2), (3) or (7) OF REGULATION D
        UNDER THE ACT OR ANY ENTITY IN WHICH ALL OF THE EQUITY OWNERS COME WITHIN
        SUCH
        PARAGRAPHS PURCHASING NOT FOR DISTRIBUTION IN VIOLATION OF THE SECURITIES
        ACT,
        SUBJECT TO (A) THE RECEIPT BY THE TRUSTEE OF A LETTER SUBSTANTIALLY IN THE
        FORM
        PROVIDED IN THE AGREEMENT AND (B) THE RECEIPT BY THE TRUSTEE OF SUCH OTHER
        EVIDENCE ACCEPTABLE TO THE TRUSTEE THAT SUCH REOFFER, RESALE, PLEDGE OR TRANSFER
        IS IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS OR IN
        EACH
        CASE IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES
        AND
        ANY OTHER APPLICABLE JURISDICTION.

       

      NO
        TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE
        PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 6.02(h) OF THE AGREEMENT
        OR
        AN OPINION OF COUNSEL SATISFACTORY TO THE TRUSTEE THAT THE PURCHASE AND HOLDING
        OF THIS CERTIFICATE ARE PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE
        OR
        RESULT IN ANY NON-EXEMPT PROHIBITED TRANSACTIONS UNDER SECTION 406 OF THE
        EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”) OR SECTION
        4975 OF THE CODE AND WILL NOT SUBJECT THE TRUSTEE, MASTER SERVICER OR THE
        DEPOSITOR TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN
        IN THE
        AGREEMENT.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      

      
        	
                Certificate
                  No.1

                 

              	
                Percentage
                  Interest: 100%

                 

              
	 	 
	
                Class
                  [I-P][II-P]

                 

              	 
	 	 
	
                Date
                  of Pooling and Servicing Agreement and Cut-off Date: August 1,
                  2006

              	
                Aggregate
                  Initial Certificate Principal Balance of this Certificate as of
                  the
                  Cut-off Date:

                $100.00

                 

              
	 	 
	
                First
                  Distribution Date:

                September
                  25, 2006

                 

              	
                Initial
                  Certificate Principal Balance of this Certificate as of the Cut-off
                  Date:

                $100.00

                 

              
	 	 
	
                Master
                  Servicer:

                EMC
                  Mortgage Corporation

                 

              	
                CUSIP:
                  [_____]

                 

              
	 	 
	
                Last
                  Scheduled Distribution Date:

                [_______]
                  25, 2036

                 

              	 
	 	 

      

      

      ASSET-BACKED
        CERTIFICATE

       

      SERIES
        2006-HE7

       

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        [I-P][II-P] Certificates with respect to a Trust Fund consisting primarily
        of a
        pool of conventional, closed-end, first and second lien, subprime, one- to
        four-family fixed and adjustable interest rate mortgage loans sold by BEAR
        STEARNS ASSET BACKED SECURITIES I LLC.

       

      This
        Certificate is payable solely from the assets of the Trust Fund relating
        to Loan
        Group [I][II], and does not represent an obligation of or interest in Bear
        Stearns Asset Backed Securities I LLC, the Master Servicer or the Trustee
        referred to below or any of their affiliates or any other person. Neither
        this
        Certificate nor the underlying Mortgage Loans are guaranteed or insured by
        any
        governmental entity or by Bear Stearns Asset Backed Securities I LLC, the
        Master
        Servicer or the Trustee or any of their affiliates or any other person. None
        of
        Bear Stearns Asset Backed Securities I LLC, the Master Servicer or any of
        their
        affiliates will have any obligation with respect to any certificate or other
        obligation secured by or payable from payments on the Certificates.

       

      This
        certifies that Bear, Stearns Securities Corp. is the registered owner of
        the
        Percentage Interest evidenced hereby in the beneficial ownership interest
        of
        Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
        generally consisting of conventional, closed-end, first and second lien,
        subprime, fixed and adjustable rate mortgage loans secured by one- to
        four-family residences (collectively, the “Mortgage Loans”) sold by Bear Stearns
        Asset Backed Securities I LLC (“BSABS I”). The Mortgage Loans were sold by EMC
        Mortgage Corporation (“EMC”) and Master Funding LLC (“Master Funding LLC”, and
        together with EMC, the “Sellers”) to BSABS I. EMC will act as master servicer of
        the Mortgage Loans (in that capacity, the “Master Servicer,” which term includes
        any successors thereto under the Agreement referred to below). The Trust
        Fund
        was created pursuant to the Pooling and Servicing Agreement, dated as of
        the
        Cut-off Date specified above (the “Agreement”), among BSABS I, as depositor (the
“Depositor”), EMC Mortgage Corporation, as seller and as Master Servicer, and
        LaSalle Bank National Association, as trustee (the “Trustee”), a summary of
        certain of the pertinent provisions of which is set forth hereafter. To the
        extent not defined herein, capitalized terms used herein shall have the meaning
        ascribed to them in the Agreement. This Certificate is issued under and is
        subject to the terms, provisions and conditions of the Agreement, to which
        Agreement the Holder of this Certificate by virtue of its acceptance hereof
        assents and by which such Holder is bound.

       

      The
        Trustee will distribute on the 25th day of each month, or, if such 25th day
        is
        not a Business Day, the immediately following Business Day (each, a
“Distribution Date”), commencing on the First Distribution Date specified above,
        to the Person in whose name this Certificate is registered at the close of
        business on the last day (or if such last day is not a Business Day, the
        Business Day immediately preceding such last day) of the calendar month
        immediately preceding the month in which the Distribution Date occurs, an
        amount
        equal to the product of the Percentage Interest evidenced by this Certificate
        and the amounts required to be distributed to the Holders of Certificates
        of the
        same Class as this Certificate. 

       

      Distributions
        on this Certificate will be made by the Trustee by check mailed to the address
        of the Person entitled thereto as such name and address shall appear on the
        Certificate Register or, if such Person so requests by notifying the Trustee
        in
        writing as specified in the Agreement. Notwithstanding the above, the final
        distribution on this Certificate will be made after due notice by the Trustee
        of
        the pendency of such distribution and only upon presentation and surrender
        of
        this Certificate at the office or agency appointed by the Trustee for that
        purpose and designated in such notice.

       

      No
        transfer of this Certificate shall be made unless the transfer is made pursuant
        to an effective registration statement under the Securities Act of 1933,
        as
        amended (the “1933 Act”), and an effective registration or qualification under
        applicable state securities laws, or is made in a transaction that does not
        require such registration or qualification. In the event that such a transfer
        of
        this Certificate is to be made without registration or qualification, the
        Trustee shall require receipt of (i) if such transfer is purportedly being
        made
        in reliance upon Rule 144A under the 1933 Act, written certifications from
        the
        Holder of the Certificate desiring to effect the transfer, and from such
        Holder’s prospective transferee, substantially in the forms attached to the
        Agreement as Exhibit D and either Exhibit E or Exhibit F, as applicable,
        and
        (ii) in all other cases, an Opinion of Counsel satisfactory to it that such
        transfer may be made without such registration or qualification (which Opinion
        of Counsel shall not be an expense of the Trust Fund or of the Depositor,
        the
        Trustee or the Master Servicer in their respective capacities as such), together
        with copies of the written certification(s) of the Holder of the Certificate
        desiring to effect the transfer and/or such Holder’s prospective transferee upon
        which such Opinion of Counsel is based. Neither the Depositor nor the Trustee
        is
        obligated to register or qualify the Class of Certificates specified on the
        face
        hereof under the 1933 Act or any other securities law or to take any action
        not
        otherwise required under the Agreement to permit the transfer of such
        Certificates without registration or qualification. Any Holder desiring to
        effect a transfer of this Certificate shall be required to indemnify the
        Trustee, the Depositor, the Sellers and the Master Servicer against any
        liability that may result if the transfer is not so exempt or is not made
        in
        accordance with such federal and state laws.

       

      No
        transfer of this Class [I-P][II-P] Certificate will be made unless the Trustee
        shall have received either (i) the Opinion of Counsel set forth in Section
        6.02(h) of the Agreement or (ii) a representation letter under Section 6.02
        of
        the Agreement, in the form as described by the Agreement, stating that the
        transferee is not an employee benefit or other plan subject to the prohibited
        transaction provisions of ERISA or Section 4975 of the Code (a “Plan”), or any
        other person (including an investment manager, a named fiduciary or a trustee
        of
        any Plan) acting, directly or indirectly, on behalf of or purchasing any
        Certificate with “plan assets” of any Plan.

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Trustee
        is not
        liable to the Certificateholders for any amount payable under this Certificate
        or the Agreement or, except as expressly provided in the Agreement, subject
        to
        any liability under the Agreement.

       

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Trustee.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of Certificates, evidencing
        over 50% of the aggregate Certificate Principal Balance of the Certificates,
        or
        with the consent the Holders of the Certificates evidencing over 50% of the
        aggregate Certificate Principal Balance of the related Certificates, or with
        the
        consent of the Holders of each Class of related Certificates affected thereby,
        as applicable. Any such consent by the Holder of this Certificate shall be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

       

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Trustee upon surrender
        of this Certificate for registration of transfer at the offices or agencies
        maintained by the Trustee for such purposes, duly endorsed by, or accompanied
        by
        a written instrument of transfer in form satisfactory to the Trustee duly
        executed by the Holder hereof or such Holder’s attorney duly authorized in
        writing, and thereupon one or more new Certificates in authorized denominations
        representing a like aggregate Percentage Interest will be issued to the
        designated transferee.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Trustee may require payment of a sum sufficient to cover
        any tax or other governmental charge payable in connection therewith. The
        Depositor, the Master Servicer, the Trustee and any agent of any of them
        may
        treat the Person in whose name this Certificate is registered as the owner
        hereof for all purposes, and none of the Depositor, the Master Servicer,
        the
        Trustee or any such agent shall be affected by notice to the
        contrary.

       

      The
        obligations created by the Agreement and the Trust Fund relating to Loan
        Group
        [I][II] created thereby (other than the obligations to make payments to related
        Certificateholders with respect to the termination of the Agreement) shall
        terminate upon the earlier of (i) the later of (A) the maturity or other
        liquidation (or Advance with respect thereto) of the last Mortgage Loan
        remaining in the Trust Fund relating to Loan Group [I][II] and disposition
        of
        all property acquired upon foreclosure or deed in lieu of foreclosure of
        any
        Group [I][II] Mortgage Loan and (B) the remittance of all funds relating
        to Loan
        Group [I][II] due under the Agreement, or (ii) the optional repurchase by
        the
        party named in the Agreement of all the Mortgage Loans and other assets of
        the
        Trust Fund relating to Loan Group [I][II] in accordance with the terms of
        the
        Agreement. Such optional repurchase may be made only on or after the first
        Distribution Date on which the aggregate Stated Principal Balance of the
        Group
        [I][II] Mortgage Loans is less than or equal to a certain percentage of the
        aggregate Stated Principal Balance of the Group [I][II] Mortgage Loans as
        of the
        Cut-off Date as set forth in the Agreement. The exercise of such right will
        effect the early retirement of the Group [I][II] Certificates. In no event,
        however, will the Group [I][II] Sub-Trust created by the Agreement continue
        beyond the earlier of (i) the expiration of 21 years after the death of certain
        persons identified in the Agreement and (ii) the Latest Possible Maturity
        Date
        (as defined in the Agreement) related to Loan Group [I][II].

       

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Trustee by manual signature, this Certificate shall not be entitled to any
        benefit under the Agreement, or be valid for any purpose.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, the Trustee has caused this Certificate to be duly

      executed.

       

      
        	
                Dated: _________,
                  ____

              	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION,

                not
                  in its individual capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      CERTIFICATE
        OF AUTHENTICATION

       

      This
        is
        one of the Class [I-P][II-P] Certificates referred to in the within-mentioned
        Agreement.

       

      
        	 	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION

                Authorized
                  signatory of LaSalle Bank National Association, not in its individual
                  capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      ASSIGNMENT

       

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

       

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

       

      
        	 	 	 
	 	 	 
	 	 	
                .

              

      

      

       

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

      

      DISTRIBUTION
        INSTRUCTIONS

       

      The
        assignee should include the following for purposes of distribution:

      
         

        
          	
                  Distributions
                    shall be made, by wire transfer or otherwise, in immediately
                    available
                    

                
	
                  funds
                    to________________________________________________________________________________________________

                
	____________________________________________________________________________________________
	
                  for
                    the account
                    of_________________________________________________________________________________________

                
	
                  account
                    number________________________________________________________________________or,
                    if mailed by check, to

                
	____________________________________________________________________________________________
	
                  Applicable
                    statements should be mailed
                    to______________________________________________________________________

                
	____________________________________________________________________________________________ 
	 
	
                  This
                    information is provided
                    by________________________________________________________________________

                
	
                  assignee
                    named above,
                    or___________________________________________________________________________________

                
	
                  its
                    agent.

                	 

        

        

      

      

       

      

      

      EXHIBIT
        A-4

       

      Form
        of
        Class CE Certificates

       

      THIS
        CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES
        AND
        THE CLASS M CERTIFICATES AS DESCRIBED IN THE AGREEMENT (AS DEFINED
        BELOW).

       

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS A “REGULAR
        INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE
        DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE
        CODE OF
        1986 (THE “CODE”).

       

      THIS
        CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
        ACT OF
        1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE SECURITIES LAWS. THE
        HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
        MAY
        BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY IN COMPLIANCE
        WITH
        THE SECURITIES ACT AND OTHER APPLICABLE LAWS AND ONLY (1) PURSUANT TO RULE
        144A
        UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY
        BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A
        (A
“QIB”), PURCHASING FOR ITS OWN ACCOUNT OR A QIB PURCHASING FOR THE ACCOUNT OF
        A
        QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE, THAT THE REOFFER, RESALE,
        PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) PURSUANT
        TO
        AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES
        ACT (IF
        AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN “INSTITUTIONAL ACCREDITED INVESTOR”
WITHIN THE MEANING THEREOF IN RULE 501(a)(1), (2), (3) or (7) OF REGULATION
        D
        UNDER THE ACT OR ANY ENTITY IN WHICH ALL OF THE EQUITY OWNERS COME WITHIN
        SUCH
        PARAGRAPHS PURCHASING NOT FOR DISTRIBUTION IN VIOLATION OF THE SECURITIES
        ACT,
        SUBJECT TO (A) THE RECEIPT BY THE TRUSTEE OF A LETTER SUBSTANTIALLY IN THE
        FORM
        PROVIDED IN THE AGREEMENT AND (B) THE RECEIPT BY THE TRUSTEE OF SUCH OTHER
        EVIDENCE ACCEPTABLE TO THE TRUSTEE THAT SUCH REOFFER, RESALE, PLEDGE OR TRANSFER
        IS IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS OR IN
        EACH
        CASE IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES
        AND
        ANY OTHER APPLICABLE JURISDICTION.

       

      NO
        TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE
        PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 6.02(h) OF THE AGREEMENT
        OR
        AN OPINION OF COUNSEL SATISFACTORY TO THE TRUSTEE THAT THE PURCHASE AND HOLDING
        OF THIS CERTIFICATE ARE PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE
        OR
        RESULT IN ANY NON-EXEMPT PROHIBITED TRANSACTIONS UNDER SECTION 406 OF THE
        EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”) OR SECTION
        4975 OF THE CODE AND WILL NOT SUBJECT THE TRUSTEE, MASTER SERVICER OR THE
        DEPOSITOR TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE
        AGREEMENT.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      

      
        	
                Certificate
                  No. [_]

                 

              	
                Percentage
                  Interest: 100%

                 

              
	 	 
	
                Class
                  [I-CE][II-CE]

                 

              	
                Adjustable
                  Rate

                 

              
	 	 
	
                Date
                  of Pooling and Servicing Agreement 

                and
                  Cut-off Date: August 1, 2006

              	
                Initial
                  Certificate Notional Amount of this Certificate as of the Cut-off
                  Date:

                $[__________]

                 

              
	 	 
	
                First
                  Distribution Date:

                September
                  25, 2006

                 

              	
                Aggregate
                  Certificate Notional Amount of this Certificate as of the Cut-off
                  Date:

                $[__________]

                 

              
	 	 
	
                Master
                  Servicer:

                EMC
                  Mortgage Corporation

                 

              	
                CUSIP:
                  [_____]

                 

              
	 	 
	
                Last
                  Scheduled Distribution Date:

                [________]
                  25, 2036

                 

              	 
	 	 

      

      

      ASSET-BACKED
        CERTIFICATE

       

      SERIES
        2006-HE7

       

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        [I-CE][II-CE] Certificates with respect to a Trust Fund consisting primarily
        of
        a pool of conventional, closed-end, first and second lien, subprime, one-to-four
        family fixed and adjustable interest rate mortgage loans sold by BEAR STEARNS
        ASSET BACKED SECURITIES I LLC.

       

      This
        Certificate is payable solely from the assets of the Trust Fund relating
        to Loan
        Group [I][II], and does not represent an obligation of or interest in Bear
        Stearns Asset Backed Securities I LLC, the Master Servicer or the Trustee
        referred to below or any of their affiliates or any other person. Neither
        this
        Certificate nor the underlying Mortgage Loans are guaranteed or insured by
        any
        governmental entity or by Bear Stearns Asset Backed Securities I LLC, the
        Master
        Servicer or the Trustee or any of their affiliates or any other person. None
        of
        Bear Stearns Asset Backed Securities I LLC, the Master Servicer or any of
        their
        affiliates will have any obligation with respect to any certificate or other
        obligation secured by or payable from payments on the Certificates.

       

      This
        certifies that Bear, Stearns Securities Corp. is the registered owner of
        the
        Percentage Interest evidenced hereby in the beneficial ownership interest
        of
        Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
        generally consisting conventional, closed-end, first and second lien, fixed
        and
        adjustable rate mortgage loans secured by one- to four-family residences
        (collectively, the “Mortgage Loans”) sold by Bear Stearns Asset Backed
        Securities I LLC (“BSABS I”). The Mortgage Loans were sold by EMC Mortgage
        Corporation (“EMC”) and Master Funding LLC (“Master Funding LLC”, and together
        with EMC, the “Sellers”) to BSABS I. EMC will act as master servicer of the
        Mortgage Loans (in that capacity, the “Master Servicer,” which term includes any
        successors thereto under the Agreement referred to below). The Trust Fund
        was
        created pursuant to the Pooling and Servicing Agreement, dated as of the
        Cut-off
        Date specified above (the “Agreement”), among BSABS I, as depositor (the
“Depositor”), EMC Mortgage Corporation, as seller and as Master Servicer, and
        LaSalle Bank National Association, as trustee (the “Trustee”), a summary of
        certain of the pertinent provisions of which is set forth hereafter. To the
        extent not defined herein, capitalized terms used herein shall have the meaning
        ascribed to them in the Agreement. This Certificate is issued under and is
        subject to the terms, provisions and conditions of the Agreement, to which
        Agreement the Holder of this Certificate by virtue of its acceptance hereof
        assents and by which such Holder is bound.

       

      The
        Trustee will distribute on the 25th day of each month, or, if such 25th day
        is
        not a Business Day, the immediately following Business Day (each, a
“Distribution Date”), commencing on the First Distribution Date specified above,
        to the Person in whose name this Certificate is registered at the close of
        business on the last day (or if such last day is not a Business Day, the
        Business Day immediately preceding such last day) of the calendar month
        immediately preceding the month in which the Distribution Date occurs, an
        amount
        equal to the product of the Percentage Interest evidenced by this Certificate
        and the amounts required to be distributed to the Holders of Certificates
        of the
        same Class as this Certificate. 

       

      Distributions
        on this Certificate will be made by the Trustee by check mailed to the address
        of the Person entitled thereto as such name and address shall appear on the
        Certificate Register or, if such Person so requests by notifying the Trustee
        in
        writing as specified in the Agreement. Notwithstanding the above, the final
        distribution on this Certificate will be made after due notice by the Trustee
        of
        the pendency of such distribution and only upon presentation and surrender
        of
        this Certificate at the office or agency appointed by the Trustee for that
        purpose and designated in such notice.

       

      No
        transfer of this Certificate shall be made unless the transfer is made pursuant
        to an effective registration statement under the Securities Act of 1933,
        as
        amended (the “1933 Act”), and an effective registration or qualification under
        applicable state securities laws, or is made in a transaction that does not
        require such registration or qualification. In the event that such a transfer
        of
        this Certificate is to be made without registration or qualification, the
        Trustee shall require receipt of (i) if such transfer is purportedly being
        made
        in reliance upon Rule 144A under the 1933 Act, written certifications from
        the
        Holder of the Certificate desiring to effect the transfer, and from such
        Holder’s prospective transferee, substantially in the forms attached to the
        Agreement as Exhibit D and either Exhibit E or Exhibit F, as applicable,
        and
        (ii) in all other cases, an Opinion of Counsel satisfactory to it that such
        transfer may be made without such registration or qualification (which Opinion
        of Counsel shall not be an expense of the Trust Fund or of the Depositor,
        the
        Trustee, or the Master Servicer in their respective capacities as such),
        together with copies of the written certification(s) of the Holder of the
        Certificate desiring to effect the transfer and/or such Holder’s prospective
        transferee upon which such Opinion of Counsel is based. Neither the Depositor
        nor the Trustee is obligated to register or qualify the Class of Certificates
        specified on the face hereof under the 1933 Act or any other securities law
        or
        to take any action not otherwise required under the Agreement to permit the
        transfer of such Certificates without registration or qualification. Any
        Holder
        desiring to effect a transfer of this Certificate shall be required to indemnify
        the Trustee, the Depositor, the Sellers and the Master Servicer against any
        liability that may result if the transfer is not so exempt or is not made
        in
        accordance with such federal and state laws.

       

      No
        transfer of this Class [I-CE][II-CE] Certificate will be made unless the
        Trustee
        shall have received either (i) the Opinion of Counsel set forth in Section
        6.02(h) of the Agreement or (ii) a representation letter under Section 6.02
        of
        the Agreement, in the form as described by the Agreement, stating that the
        transferee is not an employee benefit or other plan subject to the prohibited
        transaction provisions of ERISA or Section 4975 of the Code (a “Plan”), or any
        other person (including an investment manager, a named fiduciary or a trustee
        of
        any Plan) acting, directly or indirectly, on behalf of or purchasing any
        Certificate with “plan assets” of any Plan.

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Trustee
        is not
        liable to the Certificateholders for any amount payable under this Certificate
        or the Agreement or, except as expressly provided in the Agreement, subject
        to
        any liability under the Agreement.

       

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Trustee.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of Certificates, evidencing
        over 50% of the aggregate Certificate Principal Balance of the Certificates,
        or
        with the consent the Holders of the Certificates evidencing over 50% of the
        aggregate Certificate Principal Balance of the related Certificates, or with
        the
        consent of the Holders of each Class of related Certificates affected thereby,
        as applicable. Any such consent by the Holder of this Certificate shall be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

       

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Trustee upon surrender
        of this Certificate for registration of transfer at the offices or agencies
        maintained by the Trustee for such purposes, duly endorsed by, or accompanied
        by
        a written instrument of transfer in form satisfactory to the Trustee duly
        executed by the Holder hereof or such Holder’s attorney duly authorized in
        writing, and thereupon one or more new Certificates in authorized denominations
        representing a like aggregate Percentage Interest will be issued to the
        designated transferee.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Trustee may require payment of a sum sufficient to cover
        any tax or other governmental charge payable in connection therewith. The
        Depositor, the Master Servicer, the Trustee and any agent of any of them
        may
        treat the Person in whose name this Certificate is registered as the owner
        hereof for all purposes, and none of the Depositor, the Master Servicer,
        the
        Trustee or any such agent shall be affected by notice to the
        contrary.

       

      The
        obligations created by the Agreement and the Trust Fund relating to Loan
        Group
        [I][II] created thereby (other than the obligations to make payments to related
        Certificateholders with respect to the termination of the Agreement) shall
        terminate upon the earlier of (i) the later of (A) the maturity or other
        liquidation (or Advance with respect thereto) of the last Mortgage Loan
        remaining in the Trust Fund relating to Loan Group [I][II] and disposition
        of
        all property acquired upon foreclosure or deed in lieu of foreclosure of
        any
        Group [I][II] Mortgage Loan and (B) the remittance of all funds relating
        to Loan
        Group [I][II] due under the Agreement, or (ii) the optional repurchase by
        the
        party named in the Agreement of all the Mortgage Loans and other assets of
        the
        Trust Fund relating to Loan Group [I][II] in accordance with the terms of
        the
        Agreement. Such optional repurchase may be made only on or after the first
        Distribution Date on which the aggregate Stated Principal Balance of the
        Group
        [I][II] Mortgage Loans is less than or equal to a certain percentage of the
        aggregate Stated Principal Balance of the Group [I][II] Mortgage Loans as
        of the
        Cut-off Date as set forth in the Agreement. The exercise of such right will
        effect the early retirement of the Group [I][II] Certificates. In no event,
        however, will the Group [I][II] Sub-Trust created by the Agreement continue
        beyond the earlier of (i) the expiration of 21 years after the death of certain
        persons identified in the Agreement and (ii) the Latest Possible Maturity
        Date
        (as defined in the Agreement) related to Loan Group [I][II].

       

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Trustee by manual signature, this Certificate shall not be entitled to any
        benefit under the Agreement, or be valid for any purpose.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
        executed.

       

      
        	
                Dated: _________,
                  ____

              	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION,

                not
                  in its individual capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      CERTIFICATE
        OF AUTHENTICATION

       

      This
        is
        one of the Class [I-CE][II-CE] Certificates referred to in the within-mentioned
        Agreement.

       

      
        	 	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION

                Authorized
                  signatory of LaSalle Bank National Association, not in its individual
                  capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      ASSIGNMENT

       

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

       

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

       

      
        	 	 	 
	 	 	 
	 	 	
                .

              

      

      

       

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

      

       

      DISTRIBUTION
        INSTRUCTIONS

       

      The
        assignee should include the following for purposes of distribution:

      
         

        
          	
                  Distributions
                    shall be made, by wire transfer or otherwise, in immediately
                    available
                    

                
	
                  funds
                    to________________________________________________________________________________________________

                
	____________________________________________________________________________________________
	
                  for
                    the account
                    of_________________________________________________________________________________________

                
	
                  account
                    number________________________________________________________________________or,
                    if mailed by check, to

                
	____________________________________________________________________________________________
	
                  Applicable
                    statements should be mailed
                    to______________________________________________________________________

                
	____________________________________________________________________________________________ 
	 
	
                  This
                    information is provided
                    by________________________________________________________________________

                
	
                  assignee
                    named above,
                    or___________________________________________________________________________________

                
	
                  its
                    agent.

                	 

        

        

 

      

      

      EXHIBIT
        A-5

       

      Form
        of
        Class R Certificates

       

      THIS
        CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON-UNITED STATES PERSON
        OR A
        DISQUALIFIED ORGANIZATION (AS DEFINED BELOW).

       

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” AS THOSE TERMS ARE DEFINED,
        RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
        (THE “CODE”).

       

      NO
        TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE
        PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION 6.02(h) OF THE AGREEMENT
        OR
        AN OPINION OF COUNSEL SATISFACTORY TO THE TRUSTEE THAT THE PURCHASE AND HOLDING
        OF THIS CERTIFICATE ARE PERMISSIBLE UNDER APPLICABLE LAW, WILL NOT CONSTITUTE
        OR
        RESULT IN ANY NON-EXEMPT PROHIBITED TRANSACTIONS UNDER SECTION 406 OF THE
        EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”) OR SECTION
        4975 OF THE CODE AND WILL NOT SUBJECT THE TRUSTEE, MASTER SERVICER OR THE
        DEPOSITOR TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN
        IN THE
        AGREEMENT.

       

      ANY
        RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY
        IF
        THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE MASTER SERVICER
        AND
        THE TRUSTEE THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY STATE
        OR
        POLITICAL SUBDIVISION THEREOF, ANY POSSESSION OF THE UNITED STATES, OR ANY
        AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING (OTHER THAN AN INSTRUMENTALITY
        WHICH IS A CORPORATION IF ALL OF ITS ACTIVITIES ARE SUBJECT TO TAX AND EXCEPT
        FOR FREDDIE MAC, A MAJORITY OF ITS BOARD OF DIRECTORS IS NOT SELECTED BY
        SUCH
        GOVERNMENTAL UNIT), (B) A FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION,
        OR
        ANY AGENCY OR INSTRUMENTALITY OF EITHER OF THE FOREGOING, (C) ANY ORGANIZATION
        (OTHER THAN CERTAIN FARMERS’ COOPERATIVES DESCRIBED IN SECTION 521 OF THE CODE)
        WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH
        ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE (INCLUDING
        THE TAX IMPOSED BY SECTION 511 OF THE CODE ON UNRELATED BUSINESS TAXABLE
        INCOME), (D) RURAL ELECTRIC AND TELEPHONE COOPERATIVES DESCRIBED IN SECTION
        1381(a)(2)(C) OF THE CODE, (E) AN ELECTING LARGE PARTNERSHIP UNDER SECTION
        775(a) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A),
        (B),
        (C), (D) OR (E) BEING HEREIN REFERRED TO AS A “DISQUALIFIED ORGANIZATION”), OR
        (F) AN AGENT OF A DISQUALIFIED ORGANIZATION, (2) SUCH TRANSFEREE IS A UNITED
        STATES PERSON UNDER SECTION 7701 OF THE CODE, (3) NO PURPOSE OF SUCH TRANSFER
        IS
        TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX AND (4) SUCH TRANSFEREE SATISFIES
        CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE
        PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE
        REGISTER OR ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO
        A
        DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH
        REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER
        AND
        SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE
        HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON
        THIS
        CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE
        SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS
        PARAGRAPH.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      

      
        	
                Certificate
                  No.1

                 

              	 
	 	 
	
                Class
                  [I-R-1][I-R-2][I-R-3][I-RX][II-R-1]

                [II-RX]

              	
                Percentage
                  Interest: 100%

                 

              
	 	 
	
                Date
                  of Pooling and Servicing Agreement and Cut-off Date: August 1,
                  2006

              	 
	 	 
	
                First
                  Distribution Date:

                September
                  25, 2006

                 

              	 
	 	 
	
                Master
                  Servicer:

                EMC
                  Mortgage Corporation

                 

              	
                CUSIP:
                  [_____]

                 

              
	 	 
	
                Last
                  Scheduled Distribution Date:

                [_______]
                  25, 2036

                 

              	 
	 	 

      

      

      ASSET-BACKED
        CERTIFICATE

       

      SERIES
        2006-HE7

       

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        [I-R-1][I-R-2][I-R-3][I-RX][II-R-1][II-RX] Certificates with respect to a
        Trust
        Fund consisting primarily of a pool of conventional, closed-end, first and
        second lien, subprime, one- to four-family fixed and adjustable interest
        rate
        mortgage loans sold by BEAR STEARNS ASSET BACKED SECURITIES I LLC.

       

      This
        Certificate is payable solely from the assets of the Trust Fund relating
        to Loan
        Group [I][II], and does not represent an obligation of or interest in Bear
        Stearns Asset Backed Securities I LLC, the Master Servicer or the Trustee
        referred to below or any of their affiliates or any other person. Neither
        this
        Certificate nor the underlying Mortgage Loans are guaranteed or insured by
        any
        governmental entity or by Bear Stearns Asset Backed Securities I LLC, the
        Master
        Servicer, the Trustee or any of their affiliates or any other person. None
        of
        Bear Stearns Asset Backed Securities I LLC, the Master Servicer or any of
        their
        affiliates will have any obligation with respect to any certificate or other
        obligation secured by or payable from payments on the Certificates.

       

      This
        certifies that Bear, Stearns Securities Corp. is the registered owner of
        the
        Percentage Interest evidenced hereby in the beneficial ownership interest
        of
        Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
        generally consisting of conventional, closed-end, first and second lien,
        subprime, fixed and adjustable rate mortgage loans secured by one- to four-
        family residences (collectively, the “Mortgage Loans”) sold by Bear Stearns
        Asset Backed Securities I LLC (“BSABS I”). The Mortgage Loans were sold by EMC
        Mortgage Corporation (“EMC”) and Master Funding LLC to BSABS I. EMC will act as
        master servicer of the Mortgage Loans (in that capacity, the “Master Servicer,”
which term includes any successors thereto under the Agreement referred to
        below). The Trust Fund was created pursuant to the Pooling and Servicing
        Agreement, dated as of the Cut-off Date specified above (the “Agreement”), among
        BSABS I, as depositor (the “Depositor”), EMC Mortgage Corporation, as seller and
        as Master Servicer, and LaSalle Bank National Association, as trustee (the
        “Trustee”), a summary of certain of the pertinent provisions of which is set
        forth hereafter. To the extent not defined herein, capitalized terms used
        herein
        shall have the meaning ascribed to them in the Agreement. This Certificate
        is
        issued under and is subject to the terms, provisions and conditions of the
        Agreement, to which Agreement the Holder of this Certificate by virtue of
        its
        acceptance hereof assents and by which such Holder is bound.

       

      Each
        Holder of this Certificate will be deemed to have agreed to be bound by
        the

      restrictions
        set forth in the Agreement to the effect that (i) each person holding or
        acquiring any Ownership Interest in this Certificate must be a Permitted
        Transferee, (ii) the transfer of any Ownership Interest in this Certificate
        will
        be conditioned upon the delivery to the Trustee of, among other things, an
        affidavit to the effect that it is a Permitted Transferee, (iii) any attempted
        or purported transfer of any Ownership Interest in this Certificate in violation
        of such restrictions will be absolutely null and void and will vest no rights
        in
        the purported transferee, and (iv) if any person other than a Permitted
        Transferee acquires any Ownership Interest in this Certificate in violation
        of
        such restrictions, then the Depositor will have the right, in its sole
        discretion and without notice to the Holder of this Certificate, to sell
        this
        Certificate to a purchaser selected by the Depositor, which purchaser may
        be the
        Depositor, or any affiliate of the Depositor, on such terms and conditions
        as
        the Depositor may choose.

       

      The
        Trustee will distribute on the 25th day of each month, or, if such 25th day
        is
        not a Business Day, the immediately following Business Day (each, a
“Distribution Date”), commencing on the First Distribution Date specified above,
        to the Person in whose name this Certificate is registered at the close of
        business on the last day (or if such last day is not a Business Day, the
        Business Day immediately preceding such last day) of the calendar month
        immediately preceding the month in which the Distribution Date occurs, an
        amount
        equal to the product of the Percentage Interest evidenced by this Certificate
        and the amounts required to be distributed to the Holders of Certificates
        of the
        same Class as this Certificate. 

       

      Distributions
        on this Certificate will be made by the Trustee by check mailed to the address
        of the Person entitled thereto as such name and address shall appear on the
        Certificate Register or, if such Person so requests by notifying the Trustee
        in
        writing as specified in the Agreement. Notwithstanding the above, the final
        distribution on this Certificate will be made after due notice by the Trustee
        of
        the pendency of such distribution and only upon presentation and surrender
        of
        this Certificate at the office or agency appointed by the Trustee for that
        purpose and designated in such notice.

       

      No
        transfer of this Class [I-R-1][I-R-2][I-R-3][I-RX][II-R-1][II-RX] Certificate
        will be made unless the Trustee shall have received either (i) the Opinion
        of
        Counsel set forth in Section 6.02(h) of the Agreement or (ii) a representation
        letter under Section 6.02 of the Agreement, in the form as described by the
        Agreement, stating that the transferee is not an employee benefit or other
        plan
        subject to the prohibited transaction provisions of ERISA or Section 4975
        of the
        Code (a “Plan”), or any other person (including an investment manager, a named
        fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf
        of
        or purchasing any Certificate with “plan assets” of any Plan.

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

       

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Trustee
        is not
        liable to the Certificateholders for any amount payable under this Certificate
        or the Agreement or, except as expressly provided in the Agreement, subject
        to
        any liability under the Agreement.

       

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Trustee.

       

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of Certificates, evidencing
        over 50% of the aggregate Certificate Principal Balance of the Certificates,
        or
        with the consent the Holders of the Certificates evidencing over 50% of the
        aggregate Certificate Principal Balance of the related Certificates, or with
        the
        consent of the Holders of each Class of related Certificates affected thereby,
        as applicable. Any such consent by the Holder of this Certificate shall be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

       

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Trustee upon surrender
        of this Certificate for registration of transfer at the offices or agencies
        maintained by the Trustee for such purposes, duly endorsed by, or accompanied
        by
        a written instrument of transfer in form satisfactory to the Trustee duly
        executed by the Holder hereof or such Holder’s attorney duly authorized in
        writing, and thereupon one or more new Certificates in authorized denominations
        representing a like aggregate Percentage Interest will be issued to the
        designated transferee.

       

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

       

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Trustee may require payment of a sum sufficient to cover
        any tax or other governmental charge payable in connection therewith. The
        Depositor, the Master Servicer, the Trustee and any agent of any of them
        may
        treat the Person in whose name this Certificate is registered as the owner
        hereof for all purposes, and none of Depositor, the Master Servicer, the
        Trustee
        or any such agent shall be affected by notice to the contrary.

       

      The
        obligations created by the Agreement and the Trust Fund relating to Loan
        Group
        [I][II] created thereby (other than the obligations to make payments to related
        Certificateholders with respect to the termination of the Agreement) shall
        terminate upon the earlier of (i) the later of (A) the maturity or other
        liquidation (or Advance with respect thereto) of the last Mortgage Loan
        remaining in the Trust Fund relating to Loan Group [I][II] and disposition
        of
        all property acquired upon foreclosure or deed in lieu of foreclosure of
        any
        Group [I][II] Mortgage Loan and (B) the remittance of all funds relating
        to Loan
        Group [I][II] due under the Agreement, or (ii) the optional repurchase by
        the
        party named in the Agreement of all the Mortgage Loans and other assets of
        the
        Trust Fund relating to Loan Group [I][II] in accordance with the terms of
        the
        Agreement. Such optional repurchase may be made only on or after the first
        Distribution Date on which the aggregate Stated Principal Balance of the
        Group
        [I][II] Mortgage Loans is less than or equal to a certain percentage of the
        aggregate Stated Principal Balance of the Group [I][II] Mortgage Loans as
        of the
        Cut-off Date as set forth in the Agreement. The exercise of such right will
        effect the early retirement of the Group [I][II] Certificates. In no event,
        however, will the Group [I][II] Sub-Trust created by the Agreement continue
        beyond the earlier of (i) the expiration of 21 years after the death of certain
        persons identified in the Agreement and (ii) the Latest Possible Maturity
        Date
        (as defined in the Agreement) related to Loan Group [I][II].

       

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Trustee by manual signature, this Certificate shall not be entitled to any
        benefit under the Agreement, or be valid for any purpose.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
        executed.

       

      
        	
                Dated: _________,
                  ____

              	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION,

                not
                  in its individual capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      CERTIFICATE
        OF AUTHENTICATION

       

      This
        is
        one of the Class [I-R-1][I-R-2][I-R-3][I-RX][II-R-1][II-RX] Certificates
        referred to in the within-mentioned Agreement.

       

      
        	 	 	 	
                LASALLE
                  BANK NATIONAL ASSOCIATION

                Authorized
                  signatory of LaSalle Bank National Association, not in its individual
                  capacity but solely as Trustee

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              

      

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      ASSIGNMENT

       

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

       

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

       

      
        	 	 	 
	 	 	 
	 	 	
                .

              

      

      

       

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

      

       

      DISTRIBUTION
        INSTRUCTIONS

       

      The
        assignee should include the following for purposes of distribution:

       

      
         

        
          	
                  Distributions
                    shall be made, by wire transfer or otherwise, in immediately
                    available
                    

                
	
                  funds
                    to________________________________________________________________________________________________

                
	____________________________________________________________________________________________
	
                  for
                    the account
                    of_________________________________________________________________________________________

                
	
                  account
                    number________________________________________________________________________or,
                    if mailed by check, to

                
	____________________________________________________________________________________________
	
                  Applicable
                    statements should be mailed
                    to______________________________________________________________________

                
	____________________________________________________________________________________________ 
	 
	
                  This
                    information is provided
                    by________________________________________________________________________

                
	
                  assignee
                    named above,
                    or___________________________________________________________________________________

                
	
                  its
                    agent.

                	 

        

        

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      

      

      EXHIBIT
        B

       

      MORTGAGE
        LOAN SCHEDULE

      
           ZIP_CODE              STATE                            CITY1                                   PROPTYPE                        CURRENT_GROSS_COUPON                   SERV_FEE            LPMI             TRUSTFEE             MSERV
   --------              -----                            -----                                   --------                        --------------------                   --------            ----             --------             -----
     89032                NV                         North Las Vegas                              Townhouse                             12.0000                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           Douglasville                                  PUD                                14.1000                           0.5000            0.0000             0.0065              0.0000
     14207                NY                             Buffalo                                 2-4 Family                             10.2750                           0.5000            0.0000             0.0065              0.0000
     89166                NV                            Las Vegas                                    PUD                                 7.3750                           0.5000            0.0000             0.0065              0.0000
     29910                SC                             Bluffton                                    PUD                                 8.5800                           0.5000            0.0000             0.0065              0.0000
     29910                SC                             Bluffton                                    PUD                                11.2300                           0.5000            0.0000             0.0065              0.0000
     48204                MI                             DETROIT                                Single Family                            9.9750                           0.5000            0.0000             0.0065              0.0000
     92503                CA                            Riverside                                2-4 Family                             10.2500                           0.5000            0.0000             0.0065              0.0000
     85204                AZ                               Mesa                                      PUD                                 8.8500                           0.5000            0.0000             0.0065              0.0000
     37803                TN                            Maryville                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     70815                LA                           Baton Rouge                              Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     33607                FL                              TAMPA                                 Single Family                            8.5700                           0.5000            0.0000             0.0065              0.0000
     19713                DE                              Newark                                Single Family                            7.9300                           0.5000            0.0000             0.0065              0.0000
     92557                CA                          Moreno Valley                             Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     92557                CA                          Moreno Valley                             Single Family                           12.0250                           0.5000            0.0000             0.0065              0.0000
     49448                MI                              Nunica                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     27526                NC                          Fuquay Varina                             Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     46747                IN                              Hudson                                Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     75056                TX                            The Colony                              Single Family                           10.5150                           0.5000            0.0000             0.0065              0.0000
     32962                FL                            Vero Beach                              Single Family                           10.5200                           0.5000            0.0000             0.0065              0.0000
     39759                MS                            Starkville                              Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     77316                TX                            Montgomery                                   PUD                                 9.0000                           0.5000            0.0000             0.0065              0.0000
     93622                CA                            Firebaugh                               Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     3878                 NH                           Somersworth                              Single Family                           10.0150                           0.5000            0.0000             0.0065              0.0000
     34120                FL                              Naples                                Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     93552                CA                             Palmdale                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     93552                CA                             Palmdale                               Single Family                           12.1250                           0.5000            0.0000             0.0065              0.0000
     65202                MO                             Columbia                               Single Family                            7.4800                           0.5000            0.0000             0.0065              0.0000
     74029                OK                              Dewey                                 Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     46036                IN                              Elwood                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     46011                IN                             Anderson                               Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     29732                SC                            Rock Hill                               Single Family                            8.8900                           0.5000            0.0000             0.0065              0.0000
     45238                OH                            Cincinnati                                   PUD                                 7.6250                           0.5000            0.0000             0.0065              0.0000
     45238                OH                            Cincinnati                                   PUD                                12.1250                           0.5000            0.0000             0.0065              0.0000
     89031                NV                           N Las Vegas                                   PUD                                 7.0200                           0.5000            0.0000             0.0065              0.0000
     89031                NV                           N Las Vegas                                   PUD                                10.3800                           0.5000            0.0000             0.0065              0.0000
     27104                NC                          Winston Salem                             Single Family                           11.5500                           0.5000            0.0000             0.0065              0.0000
     76374                TX                              Olney                                 Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     92154                CA                            San Diego                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     91340                CA                           San Fernando                             Single Family                            6.4500                           0.5000            0.0000             0.0065              0.0000
     98674                WA                             Woodland                               Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     42413                KY                              Hanson                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     39648                MS                              Mccomb                                Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     8102                 NJ                              CAMDEN                                Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     30288                GA                              CONLEY                                Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     19144                PA                           PHILADELPHIA                             Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     77026                TX                             HOUSTON                                Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     7111                 NJ                            IRVINGTON                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     62208                IL                         FAIRVIEW HEIGHT                            Single Family                            7.4700                           0.5000            0.0000             0.0065              0.0000
     23002                VA                              AMELIA                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     45044                OH                            MIDDLETOWN                              Single Family                           11.3000                           0.5000            0.0000             0.0065              0.0000
     29906                SC                             BEAUFORT                               Single Family                           12.7000                           0.5000            0.0000             0.0065              0.0000
     43608                OH                              TOLEDO                                Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     49028                MI                             BRONSON                                Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     29115                SC                            ORANGEBURG                               2-4 Family                             10.3500                           0.5000            0.0000             0.0065              0.0000
     73150                OK                          OKLAHOMA CITY                             Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     43078                OH                              URBANA                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     98201                WA                             EVERETT                                 2-4 Family                              7.4500                           0.5000            0.0000             0.0065              0.0000
     60619                IL                             CHICAGO                                 2-4 Family                              7.4500                           0.5000            0.0000             0.0065              0.0000
     43110                OH                         CANAL WINCHESTE                             Condominium                             8.8500                           0.5000            0.0000             0.0065              0.0000
     30060                GA                             MARIETTA                               Single Family                            7.6750                           0.5000            0.0000             0.0065              0.0000
     43138                OH                              LOGAN                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     73169                OK                          OKLAHOMA CITY                             Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     43615                OH                              TOLEDO                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     63136                MO                           SAINT LOUIS                              Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     16146                PA                              SHARON                                Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     77014                TX                             HOUSTON                                     PUD                                 8.1000                           0.5000            0.0000             0.0065              0.0000
     21218                MD                            BALTIMORE                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     77055                TX                             HOUSTON                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     73109                OK                          OKLAHOMA CITY                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     16214                PA                             CLARION                                Single Family                            8.0300                           0.5000            0.0000             0.0065              0.0000
     91945                CA                           LEMON GROVE                              Single Family                            6.4500                           0.5000            0.0000             0.0065              0.0000
     55347                MN                           EDEN PRAIRIE                             Single Family                            7.4500                           0.5000            0.0000             0.0065              0.0000
     43506                OH                              BRYAN                                 Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     30019                GA                              DACULA                                Single Family                            7.3000                           0.5000            0.0000             0.0065              0.0000
     45840                OH                             FINDLAY                                Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     78957                TX                            SMITHVILLE                              Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     85016                AZ                             PHOENIX                                Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     95207                CA                             STOCKTON                               Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     77028                TX                             HOUSTON                                Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     49345                MI                              SPARTA                                Single Family                            6.9000                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     37055                TN                             DICKSON                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     75007                TX                            CARROLLTON                                   PUD                                 8.5000                           0.5000            0.0000             0.0065              0.0000
     22306                VA                            ALEXANDRIA                              Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     73772                OK                             WATONGA                                Single Family                           11.4500                           0.5000            0.0000             0.0065              0.0000
     16602                PA                             ALTOONA                                Single Family                            6.8500                           0.5000            0.0000             0.0065              0.0000
     77414                TX                             SARGENT                                     PUD                                 9.2000                           0.5000            0.0000             0.0065              0.0000
     85033                AZ                             PHOENIX                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     98501                WA                             OLYMPIA                                Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     98203                WA                             EVERETT                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     73142                OK                          OKLAHOMA CITY                             Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     43140                OH                              LONDON                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     64134                MO                           KANSAS CITY                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     78596                TX                             WESLACO                                Single Family                           11.0500                           0.5000            0.0000             0.0065              0.0000
     17024                PA                           ELLIOTTSBURG                             Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     63031                MO                             ST LOUIS                               Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     91331                CA                             PACOIMA                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     30224                GA                             GRIFFIN                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     43081                OH                           WESTERVILLE                              Single Family                            6.4000                           0.5000            0.0000             0.0065              0.0000
     15623                PA                             CLARIDGE                               Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     8861                 NJ                           PERTH AMBOY                               2-4 Family                              8.0500                           0.5000            0.0000             0.0065              0.0000
     72764                AR                            SPRINGDALE                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             DETROIT                                Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     89031                NV                         NORTH LAS VEGAS                                 PUD                                 7.7400                           0.5000            0.0000             0.0065              0.0000
     45225                OH                            CINCINNATI                              Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     63031                MO                            FLORISSANT                               Condominium                             8.2500                           0.5000            0.0000             0.0065              0.0000
     37806                TN                              MASCOT                                Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     77801                TX                              BRYAN                                 Single Family                            9.7800                           0.5000            0.0000             0.0065              0.0000
     40070                KY                             SULPHUR                                Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     30274                GA                            RIVERDALE                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     45238                OH                            CINCINNATI                              Single Family                            6.9000                           0.5000            0.0000             0.0065              0.0000
     77084                TX                             HOUSTON                                     PUD                                 7.9750                           0.5000            0.0000             0.0065              0.0000
     45002                OH                              CLEVES                                Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     63112                MO                            ST. LOUIS                                2-4 Family                              9.2000                           0.5000            0.0000             0.0065              0.0000
     98632                WA                             LONGVIEW                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     75401                TX                            GREENVILLE                              Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     45205                OH                            CINCINNATI                              Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     30274                GA                            RIVERDALE                               Single Family                           11.9500                           0.5000            0.0000             0.0065              0.0000
     45205                OH                            CINCINNATI                               2-4 Family                              8.5000                           0.5000            0.0000             0.0065              0.0000
     85208                AZ                               MESA                                      PUD                                 7.5500                           0.5000            0.0000             0.0065              0.0000
     16133                PA                          JACKSON CENTER                            Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     63111                MO                           SAINT LOUIS                               2-4 Family                              8.6500                           0.5000            0.0000             0.0065              0.0000
     92407                CA                          SAN BERNARDINO                            Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     29640                SC                              EASLEY                                Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     77015                TX                             HOUSTON                                Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     93638                CA                              MADERA                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     63111                MO                           SAINT LOUIS                               2-4 Family                              9.0500                           0.5000            0.0000             0.0065              0.0000
     77520                TX                             BAYTOWN                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     43234                OH                             COLUMBUS                               Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     30157                GA                              DALLAS                                Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     63366                MO                             O FALLON                               Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     30707                GA                           CHICKAMAUGA                              Single Family                            7.1000                           0.5000            0.0000             0.0065              0.0000
     73109                OK                          OKLAHOMA CITY                             Single Family                           13.2000                           0.5000            0.0000             0.0065              0.0000
     33016                FL                             HIALEAH                                 Condominium                             8.7000                           0.5000            0.0000             0.0065              0.0000
     46628                IN                            SOUTH BEND                              Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     95682                CA                         SHINGLE SPRINGS                            Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     98682                WA                            VANCOUVER                               Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     89074                NV                            HENDERSON                                Condominium                             7.0000                           0.5000            0.0000             0.0065              0.0000
     93003                CA                             VENTURA                                Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     76273                TX                            WHITESBORO                              Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     16101                PA                            NEW CASTLE                              Single Family                           11.0000                           0.5000            0.0000             0.0065              0.0000
     44060                OH                              MENTOR                                Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     40965                KY                           MIDDLESBORO                              Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     43611                OH                              TOLEDO                                Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     46403                IN                               GARY                                 Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     64109                MO                           KANSAS CITY                              Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     41091                KY                              UNION                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     30180                GA                            VILLA RICA                              Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     33160                FL                             AVENTURA                                Condominium                             8.4000                           0.5000            0.0000             0.0065              0.0000
     94572                CA                              RODEO                                 Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     29420                SC                         NORTH CHARLESTO                            Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     21060                MD                           GLEN BURNIE                              Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     77396                TX                              HUMBLE                                     PUD                                10.4900                           0.5000            0.0000             0.0065              0.0000
     77063                TX                             HOUSTON                                 Condominium                            10.2000                           0.5000            0.0000             0.0065              0.0000
     19551                PA                            ROBESONIA                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     47359                IN                            MONTPELIER                              Single Family                           11.6500                           0.5000            0.0000             0.0065              0.0000
     21206                MD                            BALTIMORE                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     77081                TX                             HOUSTON                                Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     43119                OH                             GALLOWAY                               Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     42101                KY                          BOWLING GREEN                              2-4 Family                              9.1500                           0.5000            0.0000             0.0065              0.0000
     27803                NC                           ROCKY MOUNT                              Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     29510                SC                             ANDREWS                                Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     77521                TX                             BAYTOWN                                Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     73020                OK                             CHOCTAW                                Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     44705                OH                              CANTON                                Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     19134                PA                           PHILADELPHIA                              2-4 Family                             10.0500                           0.5000            0.0000             0.0065              0.0000
     33032                FL                              MIAMI                                      PUD                                 7.4500                           0.5000            0.0000             0.0065              0.0000
     27537                NC                            HENDERSON                               Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     45036                OH                             LEBANON                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     37227                TN                            NASHVILLE                                2-4 Family                             11.5000                           0.5000            0.0000             0.0065              0.0000
     45036                OH                             LEBANON                                Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     73018                OK                            CHICKASHA                               Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     60538                IL                            MONTGOMERY                              Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     80917                CO                         COLORADO SPRING                            Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     8332                 NJ                          PLEASANTVILLE                             Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     15221                PA                            PITTSBURGH                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     43612                OH                              TOLEDO                                Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     33617                FL                              TAMPA                                  Condominium                             7.4500                           0.5000            0.0000             0.0065              0.0000
     45011                OH                             HAMILTON                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     23075                VA                         HIGHLAND SPRING                            Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     60459                IL                             BURBANK                                Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     44706                OH                              CANTON                                Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     45030                OH                             HARRISON                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     20886                MD                           GAITHERSBERG                                  PUD                                 7.7500                           0.5000            0.0000             0.0065              0.0000
     15218                PA                            SWISSVALE                               Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     75703                TX                              TYLER                                 Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     30736                GA                             RINGGOLD                               Single Family                            7.4500                           0.5000            0.0000             0.0065              0.0000
     73401                OK                             ARDMORE                                Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     73401                OK                             ARDMORE                                Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     34736                FL                            GROVELAND                               Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     60426                IL                              HARVEY                                Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     80246                CO                             GLENDALE                                Condominium                             8.5750                           0.5000            0.0000             0.0065              0.0000
     15221                PA                            PITTSBURGH                              Single Family                            9.3300                           0.5000            0.0000             0.0065              0.0000
     20601                MD                             WALDORF                                     PUD                                 7.8250                           0.5000            0.0000             0.0065              0.0000
     32566                FL                             NAVARRE                                Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     65802                MO                           SPRINGFIELD                              Single Family                           10.4200                           0.5000            0.0000             0.0065              0.0000
     64138                MO                           KANSAS CITY                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     27616                NC                             RALEIGH                                     PUD                                 8.2000                           0.5000            0.0000             0.0065              0.0000
     40509                KY                            LEXINGTON                               Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     20781                MD                           HYATTSVILLE                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     19348                PA                          KENNETT SQUARE                            Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     48214                MI                             DETROIT                                Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     62294                IL                               TROY                                 Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     15235                PA                            PITTSBURGH                              Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     30144                GA                             KENNESAW                               Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     29485                SC                           SUMMERVILLE                              Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     30110                GA                              BREMEN                                Single Family                           10.8500                           0.5000            0.0000             0.0065              0.0000
     15143                PA                            SEWICKLEY                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     60101                IL                             ADDISON                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     44087                OH                            TWINSBURG                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     77085                TX                             HOUSTON                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     89408                NV                             FERNLEY                                     PUD                                 6.0500                           0.5000            0.0000             0.0065              0.0000
     30297                GA                           FOREST PARK                                   PUD                                 9.4000                           0.5000            0.0000             0.0065              0.0000
     11216                NY                             JAMAICA                                 2-4 Family                              7.2500                           0.5000            0.0000             0.0065              0.0000
     23063                VA                            GOOCHLAND                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     15209                PA                            PITTSBURGH                              Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     63069                MO                             PACIFIC                                Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                 2-4 Family                             10.0000                           0.5000            0.0000             0.0065              0.0000
     75088                TX                             ROWLETT                                Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     12603                NY                           POUGHKEEPSIE                             Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     20110                VA                             MANASSAS                               Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     80233                CO                            NORTHGLENN                              Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     29456                SC                              LADSON                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     20706                MD                              LANHAM                                Single Family                           12.7000                           0.5000            0.0000             0.0065              0.0000
     23324                VA                            CHESAPEAKE                              Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     77396                TX                              HUMBLE                                     PUD                                 8.4300                           0.5000            0.0000             0.0065              0.0000
     75228                TX                              DALLAS                                Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     40211                KY                            LOUISVILLE                              Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     46218                IN                           INDIANAPOLIS                             Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     33025                FL                          PEMBROKE PINES                                 PUD                                12.7000                           0.5000            0.0000             0.0065              0.0000
     64131                MO                           Kansas City                              Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     37013                TN                             Antioch                                Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     85326                AZ                             Buckeye                                     PUD                                 8.1000                           0.5000            0.0000             0.0065              0.0000
     34472                FL                              Ocala                                 Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     8049                 NJ                             Magnolia                               Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     32828                FL                             Alafaya                                Single Family                            8.5350                           0.5000            0.0000             0.0065              0.0000
     20646                MD                            DENTSVILLE                              Single Family                           10.3900                           0.5000            0.0000             0.0065              0.0000
     19454                PA                           North Wales                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     19977                DE                              Smyrna                                Single Family                            9.3100                           0.5000            0.0000             0.0065              0.0000
     8332                 NJ                            Millville                               Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     8332                 NJ                            Millville                               Single Family                           11.9500                           0.5000            0.0000             0.0065              0.0000
     19141                PA                           Philadelphia                               Townhouse                              9.0500                           0.5000            0.0000             0.0065              0.0000
     34653                FL                         New Port Richey                            Single Family                            6.6800                           0.5000            0.0000             0.0065              0.0000
     92408                CA                          San Bernardino                            Single Family                            8.7300                           0.5000            0.0000             0.0065              0.0000
     11520                NY                             FREEPORT                               Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     11757                NY                           LINDENHURST                               2-4 Family                              6.8750                           0.5000            0.0000             0.0065              0.0000
     11757                NY                           LINDENHURST                               2-4 Family                             11.9900                           0.5000            0.0000             0.0065              0.0000
     11691                NY                           FAR ROCKAWAY                             Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     11691                NY                           FAR ROCKAWAY                             Single Family                           11.5000                           0.5000            0.0000             0.0065              0.0000
     11212                NY                             BROOKLYN                                2-4 Family                             11.7500                           0.5000            0.0000             0.0065              0.0000
     11212                NY                             BROOKLYN                                2-4 Family                              7.4750                           0.5000            0.0000             0.0065              0.0000
     80015                CO                            CENTENNIAL                              Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     7104                 NJ                              NEWARK                                 2-4 Family                              8.0250                           0.5000            0.0000             0.0065              0.0000
     11706                NY                             BAYSHORE                               Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     11706                NY                             BAYSHORE                               Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     11694                NY                          ROCKAWAY PARK                              2-4 Family                              8.6000                           0.5000            0.0000             0.0065              0.0000
     11096                NY                              INWOOD                                Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     11096                NY                              INWOOD                                Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     10466                NY                              BRONX                                  2-4 Family                             10.5750                           0.5000            0.0000             0.0065              0.0000
     93534                CA                            Lancaster                               Single Family                            8.0850                           0.5000            0.0000             0.0065              0.0000
     33558                FL                               LUTZ                                  Condominium                             8.0000                           0.5000            0.0000             0.0065              0.0000
     33558                FL                               LUTZ                                  Condominium                            12.6250                           0.5000            0.0000             0.0065              0.0000
     33607                FL                              TAMPA                                  Condominium                             9.1250                           0.5000            0.0000             0.0065              0.0000
     33607                FL                              TAMPA                                  Condominium                             9.1250                           0.5000            0.0000             0.0065              0.0000
     33607                FL                              TAMPA                                  Condominium                            11.7500                           0.5000            0.0000             0.0065              0.0000
     33542                FL                           ZEPHYRHILLS                              Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     33542                FL                           ZEPHYRHILLS                              Single Family                           12.7500                           0.5000            0.0000             0.0065              0.0000
     29464                SC                          MOUNT PLEASANT                             Condominium                             9.3750                           0.5000            0.0000             0.0065              0.0000
     29464                SC                          MOUNT PLEASANT                             Condominium                            13.2500                           0.5000            0.0000             0.0065              0.0000
     30060                GA                             MARIETTA                               Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     55070                MN                          SAINT FRANCIS                             Single Family                            9.6550                           0.5000            0.0000             0.0065              0.0000
     33711                FL                         SAINT PETERSBUR                            Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     34758                FL                            KISSIMMEE                               Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     70809                LA                           BATON ROUGE                              Single Family                           11.1250                           0.5000            0.0000             0.0065              0.0000
     55426                MN                          St. Louis Park                            Single Family                            8.7300                           0.5000            0.0000             0.0065              0.0000
     89109                NV                            Las Vegas                               Single Family                            9.2200                           0.5000            0.0000             0.0065              0.0000
     19365                PA                            Parkesburg                              Single Family                            7.4800                           0.5000            0.0000             0.0065              0.0000
     18104                PA                            ALLENTOWN                               Single Family                            9.0700                           0.5000            0.0000             0.0065              0.0000
     33565                FL                            Plant City                              Single Family                            9.6900                           0.5000            0.0000             0.0065              0.0000
     46184                IN                          New Whiteland                             Single Family                           13.3500                           0.5000            0.0000             0.0065              0.0000
     84108                UT                          Salt Lake City                            Single Family                            8.8800                           0.5000            0.0000             0.0065              0.0000
     91766                CA                              Pomona                                 2-4 Family                              8.4000                           0.5000            0.0000             0.0065              0.0000
     91766                CA                              Pomona                                Single Family                           12.2500                           0.5000            0.0000             0.0065              0.0000
     93534                CA                            Lancaster                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     95815                CA                            Sacramento                              Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     92057                CA                            Oceanside                               Single Family                            7.7250                           0.5000            0.0000             0.0065              0.0000
     8629                 NJ                           TRENTON CITY                             Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     8080                 NJ                       WASHINGTON TOWNSHIP                               PUD                                10.0000                           0.5000            0.0000             0.0065              0.0000
     7920                 NJ                        BERNARDS TOWNSHIP                           Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     7869                 NJ                        RANDOLPH TOWNSHIP                           Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     7740                 NJ                         LONG BRANCH CITY                            2-4 Family                              8.1250                           0.5000            0.0000             0.0065              0.0000
     19701                DE                               BEAR                                   Townhouse                              9.6250                           0.5000            0.0000             0.0065              0.0000
     8638                 NJ                          EWING TOWNSHIP                            Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     7874                 NJ                         STANHOPE BOROUGH                           Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     19460                PA                       PHOENIXVILLE BOROUGH                         Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     37615                TN                               GRAY                                 Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     63025                MO                              EUREKA                                Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     18037                PA                          COPLAY BOROUGH                            Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     21229                MD                          BALTIMORE CITY                            Single Family                           11.3750                           0.5000            0.0000             0.0065              0.0000
     7726                 NJ                       ENGLISHTOWN BOROUGH                          Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     7726                 NJ                        MANALAPAN TOWNSHIP                           Condominium                             9.8750                           0.5000            0.0000             0.0065              0.0000
     20747                MD                         DISTRICT HEIGHTS                           Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     21229                MD                          BALTIMORE CITY                            Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     19464                PA                    LOWER POTTSGROVE TOWNSHIP                       Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     19120                PA                        PHILADELPHIA CITY                           Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     19036                PA                        GLENOLDEN BOROUGH                           Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     16801                PA                          STATE COLLEGE                             Single Family                            7.4900                           0.5000            0.0000             0.0065              0.0000
     33013                FL                             HIALEAH                                Single Family                            7.6400                           0.5000            0.0000             0.0065              0.0000
     33055                FL                            OPA LOCKA                               Single Family                            7.7900                           0.5000            0.0000             0.0065              0.0000
     53807                WI                            CUBA CITY                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     33060                FL                          POMPANO BEACH                             Single Family                            8.5400                           0.5000            0.0000             0.0065              0.0000
     34953                FL                         PORT SAINT LUCI                            Single Family                            8.7900                           0.5000            0.0000             0.0065              0.0000
     33825                FL                            AVON PARK                                2-4 Family                              9.9900                           0.5000            0.0000             0.0065              0.0000
     33155                FL                              MIAMI                                 Single Family                            9.4900                           0.5000            0.0000             0.0065              0.0000
     33147                FL                              MIAMI                                 Single Family                            7.1900                           0.5000            0.0000             0.0065              0.0000
     33012                FL                             HIALEAH                                Single Family                            7.0900                           0.5000            0.0000             0.0065              0.0000
     33309                FL                           OAKLAND PARK                             Single Family                            9.7400                           0.5000            0.0000             0.0065              0.0000
     33155                FL                              MIAMI                                 Single Family                            6.5500                           0.5000            0.0000             0.0065              0.0000
     33919                FL                            FORT MYERS                              Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     33463                FL                            LAKE WORTH                              Single Family                            7.4900                           0.5000            0.0000             0.0065              0.0000
     33313                FL                            LAUDERHILL                               Condominium                             9.9000                           0.5000            0.0000             0.0065              0.0000
     33055                FL                            OPA LOCKA                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     33067                FL                          CORAL SPRINGS                                  PUD                                 7.5400                           0.5000            0.0000             0.0065              0.0000
     33168                FL                           NORTH MIAMI                              Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     33168                FL                              MIAMI                                 Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     33147                FL                              MIAMI                                 Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     33014                FL                             HIALEAH                                Single Family                            6.5400                           0.5000            0.0000             0.0065              0.0000
     33167                FL                              MIAMI                                 Single Family                            9.7400                           0.5000            0.0000             0.0065              0.0000
     33936                FL                           LEHIGH ACRES                             Single Family                           12.8400                           0.5000            0.0000             0.0065              0.0000
     33313                FL                             SUNRISE                                 Condominium                             9.5400                           0.5000            0.0000             0.0065              0.0000
     32819                FL                             ORLANDO                                 Condominium                             8.8900                           0.5000            0.0000             0.0065              0.0000
     33319                FL                            LAUDERHILL                               Condominium                             9.9000                           0.5000            0.0000             0.0065              0.0000
     33165                FL                              MIAMI                                 Single Family                            6.4400                           0.5000            0.0000             0.0065              0.0000
     33176                FL                              MIAMI                                 Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRAMAR                                 Condominium                             8.8500                           0.5000            0.0000             0.0065              0.0000
     33189                FL                              MIAMI                                 Single Family                            8.1300                           0.5000            0.0000             0.0065              0.0000
     32765                FL                              OVIEDO                                     PUD                                 7.4500                           0.5000            0.0000             0.0065              0.0000
     33174                FL                              MIAMI                                 Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     33178                FL                              DORAL                                 Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     2302                 MA                             BROCKTON                               Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     33165                FL                              MIAMI                                 Single Family                            6.4900                           0.5000            0.0000             0.0065              0.0000
     33311                FL                         FORT LAUDERDALE                            Single Family                            7.3900                           0.5000            0.0000             0.0065              0.0000
     33936                FL                           LEHIGH ACRES                             Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     32818                FL                             ORLANDO                                Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     33010                FL                             HIALEAH                                Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     34472                FL                              OCALA                                 Single Family                            9.2900                           0.5000            0.0000             0.0065              0.0000
     34472                FL                              OCALA                                 Single Family                            9.2900                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRAMAR                                Single Family                            9.5900                           0.5000            0.0000             0.0065              0.0000
     33179                FL                         NORTH MIAMI BEA                             Condominium                             8.8900                           0.5000            0.0000             0.0065              0.0000
     33177                FL                              MIAMI                                 Single Family                            6.9400                           0.5000            0.0000             0.0065              0.0000
     33462                FL                            LAKE WORTH                              Single Family                           13.1900                           0.5000            0.0000             0.0065              0.0000
     33309                FL                           OAKLAND PARK                             Single Family                           13.8900                           0.5000            0.0000             0.0065              0.0000
     16602                PA                             ALTOONA                                Single Family                           11.4900                           0.5000            0.0000             0.0065              0.0000
     33155                FL                              MIAMI                                 Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     33412                FL                         WEST PALM BEACH                            Single Family                            7.4500                           0.5000            0.0000             0.0065              0.0000
     33136                FL                              MIAMI                                 Single Family                            8.2400                           0.5000            0.0000             0.0065              0.0000
     33012                FL                             HIALEAH                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     33186                FL                              MIAMI                                      PUD                                 7.5400                           0.5000            0.0000             0.0065              0.0000
     33407                FL                         WEST PALM BEACH                            Single Family                            7.8400                           0.5000            0.0000             0.0065              0.0000
     33177                FL                              MIAMI                                 Single Family                            7.7900                           0.5000            0.0000             0.0065              0.0000
     15367                PA                             VENETIA                                Single Family                            6.6900                           0.5000            0.0000             0.0065              0.0000
     33147                FL                              MIAMI                                 Single Family                            7.4900                           0.5000            0.0000             0.0065              0.0000
     33126                FL                              MIAMI                                  Condominium                             7.5400                           0.5000            0.0000             0.0065              0.0000
     33032                FL                            HOMESTEAD                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRAMAR                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     16150                PA                           SHARPSVILLE                              Single Family                            9.6400                           0.5000            0.0000             0.0065              0.0000
     33068                FL                         NORTH LAUDERDAL                            Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     33024                FL                          PEMBROKE PINES                            Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     33025                FL                             MIRAMAR                                Single Family                            6.1400                           0.5000            0.0000             0.0065              0.0000
     33016                FL                             HIALEAH                                 Condominium                             7.9900                           0.5000            0.0000             0.0065              0.0000
     33907                FL                            FORT MYERS                              Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     33178                FL                              DORAL                                  Condominium                             7.0400                           0.5000            0.0000             0.0065              0.0000
     34434                FL                          CITRUS SPRINGS                            Single Family                            8.0900                           0.5000            0.0000             0.0065              0.0000
     33415                FL                         WEST PALM BEACH                             Condominium                             8.4500                           0.5000            0.0000             0.0065              0.0000
     15136                PA                           MCKEES ROCK                              Single Family                           10.9400                           0.5000            0.0000             0.0065              0.0000
     33063                FL                             MARGATE                                Single Family                            8.4400                           0.5000            0.0000             0.0065              0.0000
     33317                FL                         FORT LAUDERDALE                            Single Family                            7.2900                           0.5000            0.0000             0.0065              0.0000
     33313                FL                            LAUDERHILL                              Single Family                            9.4400                           0.5000            0.0000             0.0065              0.0000
     30047                GA                             LILBURN                                Single Family                            7.1000                           0.5000            0.0000             0.0065              0.0000
     28655                NC                            MORGANTON                               Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     20707                MD                              LAUREL                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     23231                VA                             RICHMOND                               Single Family                            8.4900                           0.5000            0.0000             0.0065              0.0000
     33182                FL                              MIAMI                                 Single Family                            8.2900                           0.5000            0.0000             0.0065              0.0000
     6114                 CT                             HARTFORD                                2-4 Family                              7.5900                           0.5000            0.0000             0.0065              0.0000
     33025                FL                             MIRAMAR                                 Condominium                             8.5500                           0.5000            0.0000             0.0065              0.0000
     34983                FL                         PORT SAINT LUCI                            Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33162                FL                              MIAMI                                 Single Family                            7.3900                           0.5000            0.0000             0.0065              0.0000
     33033                FL                            HOMESTEAD                               Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     70805                LA                           BATON ROUGE                              Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     19142                PA                           PHILADELPHIA                              2-4 Family                              8.6000                           0.5000            0.0000             0.0065              0.0000
     34945                FL                           FORT PIERCE                              Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     2860                 RI                            PAWTUCKET                               Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     33907                FL                            FORT MYERS                              Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     33162                FL                          N MIAMI BEACH                             Single Family                            7.3900                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRAMAR                                Single Family                            8.2400                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRAMAR                                Single Family                           13.1900                           0.5000            0.0000             0.0065              0.0000
     23234                VA                             RICHMOND                               Single Family                           13.6900                           0.5000            0.0000             0.0065              0.0000
     33613                FL                              TAMPA                                 Single Family                            9.8400                           0.5000            0.0000             0.0065              0.0000
     33174                FL                              MIAMI                                  Condominium                             7.7300                           0.5000            0.0000             0.0065              0.0000
     39828                GA                              CAIRO                                 Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     33313                FL                            LAUDERHILL                              Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     33029                FL                          PEMBROKE PINES                            Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     33064                FL                          POMPANO BEACH                             Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     33127                FL                              MIAMI                                 Single Family                            8.5900                           0.5000            0.0000             0.0065              0.0000
     33147                FL                              MIAMI                                  2-4 Family                              8.9150                           0.5000            0.0000             0.0065              0.0000
     6108                 CT                          EAST HARTFORD                              2-4 Family                              8.3500                           0.5000            0.0000             0.0065              0.0000
     33460                FL                            LAKE WORTH                               2-4 Family                              7.2200                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     33467                FL                            LAKE WORTH                                   PUD                                 8.1000                           0.5000            0.0000             0.0065              0.0000
     27896                NC                              WILSON                                Single Family                            9.3900                           0.5000            0.0000             0.0065              0.0000
     48060                MI                            PORT HURON                              Single Family                            9.8400                           0.5000            0.0000             0.0065              0.0000
     33165                FL                              MIAMI                                 Single Family                            7.5400                           0.5000            0.0000             0.0065              0.0000
     33021                FL                            HOLLYWOOD                                2-4 Family                              8.0500                           0.5000            0.0000             0.0065              0.0000
     33319                FL                         LAUDERDALE LAKE                            Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     19144                PA                           PHILADELPHIA                             Single Family                            7.8400                           0.5000            0.0000             0.0065              0.0000
     32907                FL                             PALM BAY                               Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     33147                FL                              MIAMI                                  2-4 Family                              8.1000                           0.5000            0.0000             0.0065              0.0000
     33023                FL                          PEMBROKE PINES                            Single Family                            7.7400                           0.5000            0.0000             0.0065              0.0000
     53224                WI                            MILWAUKEE                               Single Family                            8.4900                           0.5000            0.0000             0.0065              0.0000
     23237                VA                             RICHMOND                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     44706                OH                              CANTON                                Single Family                            8.8400                           0.5000            0.0000             0.0065              0.0000
     33313                FL                             SUNRISE                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     24013                VA                             ROANOKE                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     23605                VA                           NEWPORT NEW                              Single Family                           10.3900                           0.5000            0.0000             0.0065              0.0000
     33909                FL                            CAPE CORAL                              Single Family                            8.8900                           0.5000            0.0000             0.0065              0.0000
     23703                VA                            PORTSMOUTH                              Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     34982                FL                           FORT PIERCE                              Single Family                            7.6900                           0.5000            0.0000             0.0065              0.0000
     33322                FL                             SUNRISE                                Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     33463                FL                            GREENACRES                               Condominium                            10.8000                           0.5000            0.0000             0.0065              0.0000
     33161                FL                              MIAMI                                  2-4 Family                              9.5400                           0.5000            0.0000             0.0065              0.0000
     32207                FL                           JACKSONVILLE                             Single Family                           10.6900                           0.5000            0.0000             0.0065              0.0000
     33426                FL                          BOYNTON BEACH                             Single Family                            7.1400                           0.5000            0.0000             0.0065              0.0000
     34134                FL                          BONITA SPRINGS                             Condominium                             8.7400                           0.5000            0.0000             0.0065              0.0000
     33135                FL                              MIAMI                                  2-4 Family                              8.2900                           0.5000            0.0000             0.0065              0.0000
     18032                PA                            CATASAUQUA                              Single Family                           10.8600                           0.5000            0.0000             0.0065              0.0000
     33135                FL                              MIAMI                                  2-4 Family                             12.9900                           0.5000            0.0000             0.0065              0.0000
     32824                FL                             ORLANDO                                     PUD                                 6.9900                           0.5000            0.0000             0.0065              0.0000
     33063                FL                             MARGATE                                     PUD                                 6.7400                           0.5000            0.0000             0.0065              0.0000
     28215                NC                            CHARLOTTE                                Condominium                            10.0900                           0.5000            0.0000             0.0065              0.0000
     19141                PA                           PHILADELPHIA                             Single Family                            8.3400                           0.5000            0.0000             0.0065              0.0000
     34946                FL                           FORT PIERCE                              Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRAMAR                                Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     34946                FL                           FORT PIERCE                              Single Family                            8.2250                           0.5000            0.0000             0.0065              0.0000
     27265                NC                            HIGH POINT                              Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     30238                GA                            JONESBORO                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     48202                MI                             DETROIT                                Single Family                            9.9000                           0.5000            0.0000             0.0065              0.0000
     33852                FL                           LAKE PLACID                              Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     47804                IN                           TERRE HAUTE                              Single Family                            9.1900                           0.5000            0.0000             0.0065              0.0000
     33611                FL                              TAMPA                                 Single Family                            6.6900                           0.5000            0.0000             0.0065              0.0000
     33556                FL                              ODESSA                                Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     48328                MI                            WATERFORD                               Single Family                           14.1400                           0.5000            0.0000             0.0065              0.0000
     33617                FL                              TAMPA                                 Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     1010                 MA                            BRIMFIELD                               Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     48189                MI                          WHITMORE LAKE                              2-4 Family                              9.3900                           0.5000            0.0000             0.0065              0.0000
     48189                MI                          WHITMORE LAKE                              2-4 Family                              9.6400                           0.5000            0.0000             0.0065              0.0000
     48204                MI                             DETROIT                                 2-4 Family                             10.5900                           0.5000            0.0000             0.0065              0.0000
     28043                NC                           FOREST CITY                              Single Family                           10.6900                           0.5000            0.0000             0.0065              0.0000
     32810                FL                             ORLANDO                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     49028                MI                             BRONSON                                Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     2905                 RI                            PROVIDENCE                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     21221                MD                              ESSEX                                 Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     43004                OH                            BLACKLICK                               Single Family                            6.4000                           0.5000            0.0000             0.0065              0.0000
     38141                TN                             MEMPHIS                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     33810                FL                             LAKELAND                               Single Family                           13.2900                           0.5000            0.0000             0.0065              0.0000
     48126                MI                             DEARBORN                               Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     46217                IN                           INDIANAPOLIS                                  PUD                                 6.9900                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             DETROIT                                Single Family                            9.5900                           0.5000            0.0000             0.0065              0.0000
     46040                IN                            FORTVILLE                               Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     32714                FL                         ALTAMONTE SPRIN                            Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     21117                MD                           OWINGS MILLS                             Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     20720                MD                              BOWIE                                 Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     33880                FL                           WINTER HAVEN                             Single Family                            9.5400                           0.5000            0.0000             0.0065              0.0000
     48188                MI                              CANTON                                Single Family                            9.6900                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            8.7400                           0.5000            0.0000             0.0065              0.0000
     33604                FL                              TAMPA                                 Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     34691                FL                             HOLIDAY                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     34472                FL                              OCALA                                 Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     34677                FL                             OLDSMAR                                Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     44273                OH                             SEVILLE                                Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     85208                AZ                               MESA                                 Single Family                           10.1750                           0.5000            0.0000             0.0065              0.0000
     85007                AZ                             PHOENIX                                Single Family                            8.3400                           0.5000            0.0000             0.0065              0.0000
     78412                TX                          CORPUS CHRISTI                            Single Family                            9.2400                           0.5000            0.0000             0.0065              0.0000
     20602                MD                             WALDORF                                Single Family                            8.9400                           0.5000            0.0000             0.0065              0.0000
     33778                FL                              LARGO                                 Single Family                            9.3900                           0.5000            0.0000             0.0065              0.0000
     60622                IL                             CHICAGO                                 2-4 Family                             10.9000                           0.5000            0.0000             0.0065              0.0000
     60110                IL                         CARPENTERSVILLE                            Single Family                           12.4500                           0.5000            0.0000             0.0065              0.0000
     60805                IL                          EVERGREEN PARK                            Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     61081                IL                             STERLING                               Single Family                            8.9400                           0.5000            0.0000             0.0065              0.0000
     60177                IL                           SOUTH ELGIN                              Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     60609                IL                             CHICAGO                                 2-4 Family                             12.0000                           0.5000            0.0000             0.0065              0.0000
     60446                IL                            ROMEOVILLE                              Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     60015                IL                            DEERFIELD                               Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     60506                IL                              AURORA                                Single Family                            8.9400                           0.5000            0.0000             0.0065              0.0000
     60506                IL                              AURORA                                Single Family                           13.4150                           0.5000            0.0000             0.0065              0.0000
     60803                IL                              ALSIP                                  Condominium                             9.1000                           0.5000            0.0000             0.0065              0.0000
     60638                IL                             CHICAGO                                Single Family                           12.4500                           0.5000            0.0000             0.0065              0.0000
     60641                IL                             CHICAGO                                 2-4 Family                             12.4000                           0.5000            0.0000             0.0065              0.0000
     60707                IL                             CHICAGO                                 Condominium                             8.8900                           0.5000            0.0000             0.0065              0.0000
     60053                IL                           MORTON GROVE                             Single Family                            9.2600                           0.5000            0.0000             0.0065              0.0000
     53204                WI                            MILWAUKEE                               Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     60638                IL                             CHICAGO                                Single Family                           12.3000                           0.5000            0.0000             0.0065              0.0000
     46041                IN                            FRANKFORT                               Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     60181                IL                            VILLA PARK                              Single Family                            9.8400                           0.5000            0.0000             0.0065              0.0000
     60827                IL                             CHICAGO                                Single Family                            9.6900                           0.5000            0.0000             0.0065              0.0000
     60104                IL                             BELLWOOD                               Single Family                            6.8500                           0.5000            0.0000             0.0065              0.0000
     60644                IL                             CHICAGO                                Single Family                           12.2500                           0.5000            0.0000             0.0065              0.0000
     60440                IL                           BOLINGBROOK                              Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     60629                IL                             CHICAGO                                Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     60450                IL                              MORRIS                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     60586                IL                            PLAINFIELD                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     60624                IL                             CHICAGO                                 2-4 Family                              6.4400                           0.5000            0.0000             0.0065              0.0000
     60643                IL                             CHICAGO                                Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     60438                IL                             LANSING                                Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     60139                IL                         GLENDALE HEIGHT                            Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     60139                IL                         GLENDALE HEIGHT                             Condominium                             9.6500                           0.5000            0.0000             0.0065              0.0000
     60194                IL                         HOFFMAN ESTATES                            Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     60632                IL                             CHICAGO                                Single Family                            6.2400                           0.5000            0.0000             0.0065              0.0000
     53215                WI                            MILWAUKEE                               Single Family                            8.2650                           0.5000            0.0000             0.0065              0.0000
     60090                IL                             WHEELING                               Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     60148                IL                             LOMBARD                                Single Family                            6.9700                           0.5000            0.0000             0.0065              0.0000
     60104                IL                             BELLWOOD                               Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     60637                IL                             CHICAGO                                 2-4 Family                              8.5900                           0.5000            0.0000             0.0065              0.0000
     18372                PA                           TANNERSVILLE                             Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     6513                 CT                            NEW HAVEN                                2-4 Family                              9.5000                           0.5000            0.0000             0.0065              0.0000
     23060                VA                            GLEN ALLEN                              Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     24012                VA                             ROANOKE                                Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     23323                VA                            CHESAPEAKE                              Single Family                            9.7250                           0.5000            0.0000             0.0065              0.0000
     8054                 NJ                           MOUNT LAUREL                             Single Family                            7.1000                           0.5000            0.0000             0.0065              0.0000
     53216                WI                            MILWAUKEE                               Single Family                           10.7400                           0.5000            0.0000             0.0065              0.0000
     32780                FL                            TITUSVILLE                              Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     92335                CA                             FONTANA                                Single Family                            8.5400                           0.5000            0.0000             0.0065              0.0000
     33612                FL                              TAMPA                                 Single Family                            9.1900                           0.5000            0.0000             0.0065              0.0000
     89115                NV                            LAS VEGAS                               Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     95322                CA                             GUSTINE                                Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     15668                PA                           MURRYSVILLE                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     92503                CA                            RIVERSIDE                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     93012                CA                            CAMARILLO                               Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     7064                 NJ                           PORT READING                             Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     63114                MO                           SAINT LOUIS                              Single Family                           10.3400                           0.5000            0.0000             0.0065              0.0000
     93560                CA                             ROSAMOND                               Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     93550                CA                             PALMDALE                               Single Family                            7.0500                           0.5000            0.0000             0.0065              0.0000
     91402                CA                             VAN NUYS                               Single Family                            6.6800                           0.5000            0.0000             0.0065              0.0000
     33612                FL                              TAMPA                                 Single Family                           12.9500                           0.5000            0.0000             0.0065              0.0000
     91343                CA                           NORTH HILLS                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     17552                PA                            MOUNT JOY                               Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     2124                 MA                              BOSTON                                 2-4 Family                              6.6250                           0.5000            0.0000             0.0065              0.0000
     92316                CA                           BLOOMINGTON                              Single Family                            7.4500                           0.5000            0.0000             0.0065              0.0000
     91335                CA                           LOS ANGELES                               Condominium                             7.3750                           0.5000            0.0000             0.0065              0.0000
     90031                CA                           LOS ANGELES                               2-4 Family                              9.3350                           0.5000            0.0000             0.0065              0.0000
     34953                FL                         PORT SAINT LUCI                            Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     15228                PA                            PITTSBURGH                              Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     34953                FL                         PORT SAINT LUCI                            Single Family                           10.8400                           0.5000            0.0000             0.0065              0.0000
     22657                VA                            STRASBURG                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     64053                MO                           INDEPENDENCE                             Single Family                           11.8500                           0.5000            0.0000             0.0065              0.0000
     64030                MO                            GRANDVIEW                               Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     77016                TX                             HOUSTON                                Single Family                           10.5500                           0.5000            0.0000             0.0065              0.0000
     77093                TX                             HOUSTON                                Single Family                            9.5400                           0.5000            0.0000             0.0065              0.0000
     77044                TX                             HOUSTON                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     76134                TX                            FORT WORTH                              Single Family                            8.8700                           0.5000            0.0000             0.0065              0.0000
     63107                MO                           SAINT LOUIS                               2-4 Family                              8.0000                           0.5000            0.0000             0.0065              0.0000
     75765                TX                         HOLLY LAKE RANC                            Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     75765                TX                         HOLLY LAKE RANC                            Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     75006                TX                            CARROLLTON                              Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     77069                TX                             HOUSTON                                     PUD                                 9.7400                           0.5000            0.0000             0.0065              0.0000
     77087                TX                             HOUSTON                                Single Family                            9.4900                           0.5000            0.0000             0.0065              0.0000
     65616                MO                             BRANSON                                 Condominium                            10.5500                           0.5000            0.0000             0.0065              0.0000
     63137                MO                           SAINT LOUIS                              Single Family                           11.8900                           0.5000            0.0000             0.0065              0.0000
     47327                IN                         CANMBRIDGE CITY                            Single Family                           13.1900                           0.5000            0.0000             0.0065              0.0000
     77449                TX                               KATY                                 Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     77053                TX                             HOUSTON                                Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     77521                TX                             BAYTOWN                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     63136                MO                           SAINT LOUIS                              Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     75069                TX                             MCKINNEY                               Single Family                            6.4900                           0.5000            0.0000             0.0065              0.0000
     76040                TX                              EULESS                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     78745                TX                              AUSTIN                                Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     75069                TX                             MCKINNEY                               Single Family                            7.5400                           0.5000            0.0000             0.0065              0.0000
     63123                MO                           SAINT LOUIS                              Single Family                           11.4500                           0.5000            0.0000             0.0065              0.0000
     64130                MO                           KANSAS CITY                              Single Family                            9.6400                           0.5000            0.0000             0.0065              0.0000
     62206                IL                         EAST SAINT LOUI                            Single Family                            9.0900                           0.5000            0.0000             0.0065              0.0000
     7018                 NJ                           EAST ORANGE                               2-4 Family                             10.0000                           0.5000            0.0000             0.0065              0.0000
     8562                 NJ                           WRIGHTSTOWN                              Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     8046                 NJ                           WILLINGBORO                              Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     78244                TX                           SAN ANTONIO                                   PUD                                 8.1500                           0.5000            0.0000             0.0065              0.0000
     77033                TX                             HOUSTON                                Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     77365                TX                              PORTER                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     78250                TX                           SAN ANTONIO                              Single Family                            8.2750                           0.5000            0.0000             0.0065              0.0000
     77039                TX                             HOUSTON                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     77530                TX                           CHANNELVIEW                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     18064                PA                             NAZARETH                               Single Family                            7.4750                           0.5000            0.0000             0.0065              0.0000
     19124                PA                           PHILADELPHIA                             Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     95829                CA                            SACRAMENTO                              Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     93274                CA                              TULARE                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     93274                CA                              TULARE                                Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     93257                CA                           PORTERVILLE                              Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     95301                CA                             ATWATER                                Single Family                            9.7750                           0.5000            0.0000             0.0065              0.0000
     23141                VA                             QUINTON                                     PUD                                 8.2500                           0.5000            0.0000             0.0065              0.0000
     23141                VA                             QUINTON                                     PUD                                 8.2500                           0.5000            0.0000             0.0065              0.0000
     23224                VA                             RICHMOND                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     22043                VA                           FALLS CHURCH                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     23666                VA                             HAMPTON                                Single Family                            9.5250                           0.5000            0.0000             0.0065              0.0000
     22963                VA                             PALMYRA                                     PUD                                 9.4250                           0.5000            0.0000             0.0065              0.0000
     21214                MD                            BALTIMORE                               Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     17057                PA                            MIDDLETOWN                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     17090                PA                           SHERMANSDALE                             Single Family                           10.3750                           0.5000            0.0000             0.0065              0.0000
     90018                CA                           LOS ANGELES                              Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            LANCASTER                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            LANCASTER                               Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     98607                WA                              CAMAS                                 Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     98367                WA                           PORT ORCHARD                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     97222                OR                            MILWAUKIE                               Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     97206                OR                             PORTLAND                               Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     98391                WA                           BONNEY LAKE                              Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     34652                FL                         NEW PORT RICHEY                            Single Family                            9.4250                           0.5000            0.0000             0.0065              0.0000
     21061                MD                           GLEN BURNIE                               Condominium                             7.2500                           0.5000            0.0000             0.0065              0.0000
     19713                DE                              NEWARK                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     21061                MD                           GLEN BURNIE                                   PUD                                 7.8750                           0.5000            0.0000             0.0065              0.0000
     21146                MD                           SEVERNA PARK                             Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     23453                VA                          VIRGINIA BEACH                            Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     22193                VA                            WOODBRIDGE                              Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     23703                VA                            PORTSMOUTH                              Single Family                           10.7250                           0.5000            0.0000             0.0065              0.0000
     43701                OH                            ZANESVILLE                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     45150                OH                             MILFORD                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     43612                OH                              TOLEDO                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     43611                OH                              TOLEDO                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     43326                OH                              KENTON                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     45240                OH                            CINCINNATI                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80919                CO                         COLORADO SPRING                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80814                CO                              DIVIDE                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     81419                CO                            HOTCHKISS                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     79416                TX                             LUBBOCK                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     77083                TX                             HOUSTON                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     77013                TX                             HOUSTON                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     77083                TX                             HOUSTON                                Single Family                           10.0250                           0.5000            0.0000             0.0065              0.0000
     77591                TX                            TEXAS CITY                              Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     77009                TX                             HOUSTON                                Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     77033                TX                             HOUSTON                                Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     78227                TX                           SAN ANTONIO                              Single Family                            8.7750                           0.5000            0.0000             0.0065              0.0000
     75077                TX                         HIGHLAND VILLAG                                 PUD                                 8.7750                           0.5000            0.0000             0.0065              0.0000
     79360                TX                             SEMINOLE                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     75067                TX                            LEWISVILLE                                   PUD                                 8.2750                           0.5000            0.0000             0.0065              0.0000
     75137                TX                           DUNCANVILLE                              Single Family                           10.3750                           0.5000            0.0000             0.0065              0.0000
     75142                TX                             KAUFMAN                                Single Family                            8.5250                           0.5000            0.0000             0.0065              0.0000
     76712                TX                               WACO                                 Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     75707                TX                              TYLER                                 Single Family                            8.0250                           0.5000            0.0000             0.0065              0.0000
     76710                TX                               WACO                                 Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     75013                TX                              ALLEN                                 Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     76063                TX                            MANSFIELD                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     76262                TX                             ROANOKE                                Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     76567                TX                             ROCKDALE                               Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     93536                CA                            LANCASTER                               Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     93454                CA                           SANTA MARIA                              Single Family                            6.4000                           0.5000            0.0000             0.0065              0.0000
     93309                CA                           BAKERSFIELD                              Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     78217                TX                           SAN ANTONIO                              Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     77478                TX                            SUGAR LAND                                   PUD                                 8.2750                           0.5000            0.0000             0.0065              0.0000
     99337                WA                            KENNEWICK                               Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     98445                WA                              TACOMA                                 Condominium                            10.3500                           0.5000            0.0000             0.0065              0.0000
     98408                WA                              TACOMA                                Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     99037                WA                             VERADALE                                    PUD                                 7.7250                           0.5000            0.0000             0.0065              0.0000
     98328                WA                            EATONVILLE                              Single Family                            6.6250                           0.5000            0.0000             0.0065              0.0000
     97702                OR                               BEND                                 Single Family                            7.4750                           0.5000            0.0000             0.0065              0.0000
     98597                WA                               YELM                                 Single Family                            8.4750                           0.5000            0.0000             0.0065              0.0000
     95380                CA                             TURLOCK                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     98503                WA                              LACEY                                 Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95307                CA                              CERES                                 Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     98387                WA                             SPANAWAY                                    PUD                                11.6900                           0.5000            0.0000             0.0065              0.0000
     98409                WA                              TACOMA                                Single Family                            9.1400                           0.5000            0.0000             0.0065              0.0000
     93657                CA                              SANGER                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     93727                CA                              FRESNO                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95351                CA                             MODESTO                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95209                CA                             STOCKTON                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95313                CA                          CROWS LANDING                             Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95660                CA                         NORTH HIGHLANDS                            Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     94803                CA                             RICHMOND                               Single Family                           11.4400                           0.5000            0.0000             0.0065              0.0000
     93728                CA                              FRESNO                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95838                CA                            SACRAMENTO                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     98074                WA                            SAMMAMISH                               Single Family                           12.0400                           0.5000            0.0000             0.0065              0.0000
     95838                CA                            SACRAMENTO                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95350                CA                             MODESTO                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     93728                CA                              FRESNO                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     94533                CA                            FAIRFIELD                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     98408                WA                              TACOMA                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95301                CA                             ATWATER                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95351                CA                             MODESTO                                Single Family                            9.7650                           0.5000            0.0000             0.0065              0.0000
     93221                CA                              EXETER                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     91790                CA                           WEST COVINA                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95758                CA                            ELK GROVE                               Single Family                            8.5900                           0.5000            0.0000             0.0065              0.0000
     95126                CA                             SAN JOSE                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     93722                CA                              FRESNO                                Single Family                            7.0900                           0.5000            0.0000             0.0065              0.0000
     93722                CA                              FRESNO                                Single Family                           11.4900                           0.5000            0.0000             0.0065              0.0000
     94546                CA                          CASTRO VALLEY                             Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95348                CA                              MERCED                                Single Family                            8.0900                           0.5000            0.0000             0.0065              0.0000
     93306                CA                           BAKERSFIELD                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95624                CA                            ELK GROVE                               Single Family                            7.5150                           0.5000            0.0000             0.0065              0.0000
     95624                CA                            ELK GROVE                               Single Family                            7.4150                           0.5000            0.0000             0.0065              0.0000
     95624                CA                            ELK GROVE                               Single Family                           10.8900                           0.5000            0.0000             0.0065              0.0000
     94928                CA                           ROHNERT PARK                             Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     95045                CA                         SAN JUAN BAUTIS                            Single Family                            8.2650                           0.5000            0.0000             0.0065              0.0000
     84015                UT                            WEST POINT                              Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     95815                CA                            SACRAMENTO                              Single Family                            7.7650                           0.5000            0.0000             0.0065              0.0000
     95655                CA                              MATHER                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     95670                CA                          RANCHO CORDOVA                            Single Family                            7.6400                           0.5000            0.0000             0.0065              0.0000
     95356                CA                             MODESTO                                Single Family                            7.5150                           0.5000            0.0000             0.0065              0.0000
     95687                CA                            VACAVILLE                               Single Family                            7.3150                           0.5000            0.0000             0.0065              0.0000
     95351                CA                             MODESTO                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     95351                CA                             MODESTO                                Single Family                           11.4900                           0.5000            0.0000             0.0065              0.0000
     94553                CA                             MARTINEZ                               Single Family                            8.8650                           0.5000            0.0000             0.0065              0.0000
     95127                CA                             SAN JOSE                               Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     95127                CA                             SAN JOSE                               Single Family                           11.9400                           0.5000            0.0000             0.0065              0.0000
     93635                CA                            LOS BANOS                               Single Family                            7.6650                           0.5000            0.0000             0.0065              0.0000
     95670                CA                          RANCHO CORDOVA                            Single Family                            8.6400                           0.5000            0.0000             0.0065              0.0000
     95376                CA                              TRACY                                 Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     94503                CA                         AMERICAN CANYON                            Single Family                            7.1400                           0.5000            0.0000             0.0065              0.0000
     95835                CA                            SACRAMENTO                              Single Family                            8.7900                           0.5000            0.0000             0.0065              0.0000
     95835                CA                            SACRAMENTO                              Single Family                           11.7900                           0.5000            0.0000             0.0065              0.0000
     94591                CA                             VALLEJO                                Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     95111                CA                             SAN JOSE                                    PUD                                 6.9150                           0.5000            0.0000             0.0065              0.0000
     93215                CA                              DELANO                                Single Family                            8.5150                           0.5000            0.0000             0.0065              0.0000
     95948                CA                             GRIDLEY                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     83687                ID                              NAMPA                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     94533                CA                            FAIRFIELD                               Single Family                            8.7150                           0.5000            0.0000             0.0065              0.0000
     95315                CA                              DELHI                                 Single Family                            7.9150                           0.5000            0.0000             0.0065              0.0000
     95315                CA                              DELHI                                 Single Family                           11.7900                           0.5000            0.0000             0.0065              0.0000
     94806                CA                            SAN PABLO                               Single Family                            7.1400                           0.5000            0.0000             0.0065              0.0000
     98042                WA                            COVINGTON                               Single Family                            8.4600                           0.5000            0.0000             0.0065              0.0000
     94603                CA                             OAKLAND                                Single Family                            7.2900                           0.5000            0.0000             0.0065              0.0000
     95363                CA                            PATTERSON                               Single Family                            7.2970                           0.5000            0.0000             0.0065              0.0000
     94565                CA                            PITTSBURG                               Single Family                            8.7900                           0.5000            0.0000             0.0065              0.0000
     94565                CA                            PITTSBURG                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     94561                CA                              OAKLEY                                Single Family                            7.5900                           0.5000            0.0000             0.0065              0.0000
     94801                CA                             RICHMOND                               Single Family                            7.9530                           0.5000            0.0000             0.0065              0.0000
     94801                CA                             RICHMOND                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95126                CA                             SAN JOSE                                Condominium                             7.9900                           0.5000            0.0000             0.0065              0.0000
     83442                ID                              RIGBY                                 Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95453                CA                             LAKEPORT                               Single Family                            9.1650                           0.5000            0.0000             0.0065              0.0000
     95453                CA                             LAKEPORT                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95334                CA                            LIVINGSTON                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     93905                CA                             SALINAS                                Single Family                            7.5150                           0.5000            0.0000             0.0065              0.0000
     94806                CA                            SAN PABLO                               Single Family                            8.0900                           0.5000            0.0000             0.0065              0.0000
     95820                CA                            SACRAMENTO                              Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     95205                CA                             STOCKTON                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     98056                WA                              RENTON                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     95757                CA                            ELK GROVE                               Single Family                            7.9150                           0.5000            0.0000             0.0065              0.0000
     95757                CA                            ELK GROVE                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95354                CA                             MODESTO                                Single Family                            7.2400                           0.5000            0.0000             0.0065              0.0000
     93702                CA                              FRESNO                                Single Family                            8.3150                           0.5000            0.0000             0.0065              0.0000
     93702                CA                              FRESNO                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     94546                CA                          CASTRO VALLEY                             Single Family                            7.2900                           0.5000            0.0000             0.0065              0.0000
     95351                CA                             MODESTO                                Single Family                            8.8900                           0.5000            0.0000             0.0065              0.0000
     93657                CA                              SANGER                                Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     95376                CA                              TRACY                                 Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     92344                CA                              PHELAN                                Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     80015                CO                              AURORA                                     PUD                                12.1250                           0.5000            0.0000             0.0065              0.0000
     92301                CA                             ADELANTO                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92154                CA                            SAN DIEGO                               Single Family                            7.5750                           0.5000            0.0000             0.0065              0.0000
     80219                CO                              DENVER                                Single Family                           12.5400                           0.5000            0.0000             0.0065              0.0000
     85019                AZ                             PHOENIX                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92019                CA                             EL CAJON                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92154                CA                            SAN DIEGO                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92802                CA                             ANAHEIM                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92867                CA                              ORANGE                                Single Family                            7.0150                           0.5000            0.0000             0.0065              0.0000
     92867                CA                              ORANGE                                Single Family                           10.5900                           0.5000            0.0000             0.0065              0.0000
     90660                CA                           PICO RIVERA                              Single Family                            9.0650                           0.5000            0.0000             0.0065              0.0000
     85201                AZ                               MESA                                 Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     91768                CA                              POMONA                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     97006                OR                            BEAVERTON                               Single Family                            9.4400                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            LANCASTER                               Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     89143                NV                            LAS VEGAS                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92019                CA                             EL CAJON                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     89134                NV                            LAS VEGAS                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92545                CA                              HEMET                                 Single Family                            7.7650                           0.5000            0.0000             0.0065              0.0000
     92545                CA                              HEMET                                 Single Family                           11.4900                           0.5000            0.0000             0.0065              0.0000
     92337                CA                             FONTANA                                Single Family                            8.8460                           0.5000            0.0000             0.0065              0.0000
     89120                NV                            LAS VEGAS                                    PUD                                 8.7150                           0.5000            0.0000             0.0065              0.0000
     89121                NV                            LAS VEGAS                                    PUD                                11.6900                           0.5000            0.0000             0.0065              0.0000
     85032                AZ                             PHOENIX                                Single Family                            8.4400                           0.5000            0.0000             0.0065              0.0000
     92592                CA                             TEMECULA                                Condominium                             7.4650                           0.5000            0.0000             0.0065              0.0000
     90744                CA                         WILMINGTON AREA                             2-4 Family                              8.1150                           0.5000            0.0000             0.0065              0.0000
     92553                CA                          MORENO VALLEY                             Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     92057                CA                            OCEANSIDE                               Single Family                            7.2270                           0.5000            0.0000             0.0065              0.0000
     89031                NV                            LAS VEGAS                                    PUD                                 8.2650                           0.5000            0.0000             0.0065              0.0000
     92583                CA                           SAN JACINTO                              Single Family                            9.5900                           0.5000            0.0000             0.0065              0.0000
     92562                CA                             MURRIETA                               Single Family                            8.4150                           0.5000            0.0000             0.0065              0.0000
     92562                CA                             MURRIETA                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92404                CA                          SAN BERNARDINO                             2-4 Family                              7.6490                           0.5000            0.0000             0.0065              0.0000
     85219                AZ                         APACHE JUNCTION                            Single Family                            7.7400                           0.5000            0.0000             0.0065              0.0000
     92879                CA                              CORONA                                Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     90706                CA                            BELLFLOWER                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     80231                CO                              DENVER                                 Condominium                             9.8900                           0.5000            0.0000             0.0065              0.0000
     81022                CO                             AVONDALE                               Single Family                            9.6650                           0.5000            0.0000             0.0065              0.0000
     91402                CA                          PANORAMA CITY                              Condominium                             7.5000                           0.5000            0.0000             0.0065              0.0000
     85296                AZ                             GILBERT                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     91764                CA                             ONTARIO                                Single Family                            6.8950                           0.5000            0.0000             0.0065              0.0000
     92555                CA                          MORENO VALLEY                             Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     93536                CA                            LANCASTER                               Single Family                            7.8150                           0.5000            0.0000             0.0065              0.0000
     85043                AZ                             PHOENIX                                     PUD                                 8.4150                           0.5000            0.0000             0.0065              0.0000
     91708                CA                              CHINO                                 Single Family                            8.7900                           0.5000            0.0000             0.0065              0.0000
     92394                CA                           VICTORVILLE                              Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     92404                CA                          SAN BERNARDINO                            Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     85307                AZ                             GLENDALE                                    PUD                                 9.9900                           0.5000            0.0000             0.0065              0.0000
     93532                CA                          ELIZABETH LAKE                            Single Family                            8.2650                           0.5000            0.0000             0.0065              0.0000
     92395                CA                           VICTORVILLE                              Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     89106                NV                            LAS VEGAS                                    PUD                                 7.0900                           0.5000            0.0000             0.0065              0.0000
     93308                CA                           BAKERSFIELD                              Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     85029                AZ                             PHOENIX                                Single Family                            6.7400                           0.5000            0.0000             0.0065              0.0000
     94564                CA                              PINOLE                                Single Family                            6.1250                           0.5000            0.0000             0.0065              0.0000
     95351                CA                             MODESTO                                Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     94014                CA                            DALY CITY                               Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     93223                CA                           FARMERSVILLE                             Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     85042                AZ                             PHOENIX                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     86401                AZ                             KINGMAN                                Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     85051                AZ                             PHOENIX                                Single Family                            6.9750                           0.5000            0.0000             0.0065              0.0000
     85363                AZ                            YOUNGTOWN                               Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     85363                AZ                            YOUNGTOWN                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     85033                AZ                             PHOENIX                                Single Family                            6.8750                           0.5000            0.0000             0.0065              0.0000
     85037                AZ                             PHOENIX                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     85706                AZ                              TUCSON                                Single Family                            9.4250                           0.5000            0.0000             0.0065              0.0000
     85019                AZ                             PHOENIX                                Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     92071                CA                              SANTEE                                 Condominium                             7.2500                           0.5000            0.0000             0.0065              0.0000
     92532                CA                          LAKE ELSINORE                             Single Family                            6.4750                           0.5000            0.0000             0.0065              0.0000
     92234                CA                          CATHEDRAL CITY                            Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     92071                CA                              SANTEE                                Single Family                            7.9750                           0.5000            0.0000             0.0065              0.0000
     92530                CA                          LAKE ELSINORE                             Single Family                            6.6250                           0.5000            0.0000             0.0065              0.0000
     92220                CA                             BANNING                                Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     98516                WA                             OLYMIPA                                Single Family                            6.6250                           0.5000            0.0000             0.0065              0.0000
     83686                ID                              NAMPA                                      PUD                                 8.0000                           0.5000            0.0000             0.0065              0.0000
     80620                CO                              EVANS                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80017                CO                              AURORA                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     33175                FL                              MIAMI                                 Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     53223                WI                            BROWN DEER                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     93215                CA                              DELANO                                Single Family                            8.2400                           0.5000            0.0000             0.0065              0.0000
     80906                CO                         COLORADO SPRING                            Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     89178                NV                            LAS VEGAS                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     85257                AZ                            SCOTTSDALE                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92582                CA                           SAN JACINTO                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     85027                AZ                             PHOENIX                                Single Family                            8.2900                           0.5000            0.0000             0.0065              0.0000
     85009                AZ                             PHOENIX                                Single Family                            7.2400                           0.5000            0.0000             0.0065              0.0000
     89115                NV                            LAS VEGAS                                    PUD                                11.6900                           0.5000            0.0000             0.0065              0.0000
     85009                AZ                             PHOENIX                                Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     85031                AZ                             PHOENIX                                Single Family                            8.5650                           0.5000            0.0000             0.0065              0.0000
     89110                NV                            LAS VEGAS                               Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     89120                NV                            LAS VEGAS                                Condominium                             8.5000                           0.5000            0.0000             0.0065              0.0000
     90061                CA                           LOS ANGELES                              Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     60805                IL                          EVERGREEN PARK                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     62650                IL                           JACKSONVILLE                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48180                MI                              TAYLOR                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     61032                IL                             FREEPORT                                2-4 Family                              8.7500                           0.5000            0.0000             0.0065              0.0000
     49045                MI                             DECATUR                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     49410                MI                             FOUNTAIN                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     61032                IL                             FREEPORT                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60107                IL                            STREAMWOOD                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     46383                IN                            VALPARAISO                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48203                MI                             DETROIT                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     46767                IN                             LIGONIER                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     47432                IN                           FRENCH LICK                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     47111                IN                           CHARLESTOWN                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     46208                IN                           INDIANAPOLIS                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     75165                TX                            WAXAHACHIE                              Single Family                            6.6500                           0.5000            0.0000             0.0065              0.0000
     79107                TX                             AMARILLO                               Single Family                            8.9750                           0.5000            0.0000             0.0065              0.0000
     75152                TX                              PALMER                                Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     77708                TX                             BEAUMONT                               Single Family                            9.2750                           0.5000            0.0000             0.0065              0.0000
     56303                MN                           SAINT CLOUD                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     65605                MO                              AURORA                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     64110                MO                           KANSAS CITY                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     55118                MN                           WEST ST PAUL                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     63390                MO                           WRIGHT CITY                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     65401                MO                              ROLLA                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     63118                MO                           SAINT LOUIS                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     63136                MO                           SAINT LOUIS                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     55303                MN                              RAMSEY                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60130                IL                           FOREST PARK                               Condominium                             8.7500                           0.5000            0.0000             0.0065              0.0000
     60432                IL                              JOLIET                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60473                IL                          SOUTH HOLLAND                             Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     60620                IL                             CHICAGO                                Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     60428                IL                             MARKHAM                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60446                IL                            ROMEOVILLE                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60628                IL                             CHICAGO                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     61554                IL                              PEKIN                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     32311                FL                           TALLAHASSEE                              Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     32312                FL                           TALLAHASSEE                              Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     32547                FL                         FORT WALTON BEA                            Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     70615                LA                           LAKE CHARLES                             Single Family                           10.8500                           0.5000            0.0000             0.0065              0.0000
     70633                LA                             DEQUINCY                               Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     71220                LA                             BASTROP                                Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     70815                LA                           BATON ROUGE                              Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     70394                LA                             RACELAND                               Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     70471                LA                            MANDEVILLE                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     70374                LA                             LOCKPORT                               Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     70560                LA                            NEW IBERIA                              Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     32818                FL                             ORLANDO                                Single Family                            8.6750                           0.5000            0.0000             0.0065              0.0000
     34711                FL                             CLERMONT                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     32773                FL                             SANFORD                                Single Family                            9.7750                           0.5000            0.0000             0.0065              0.0000
     32773                FL                             SANFORD                                Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     32805                FL                             ORLANDO                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     37083                TN                            LAFAYETTE                               Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     30310                GA                             ATLANTA                                Single Family                           10.7250                           0.5000            0.0000             0.0065              0.0000
     30011                GA                              AUBURN                                     PUD                                11.8750                           0.5000            0.0000             0.0065              0.0000
     30071                GA                             NORCROSS                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     30025                GA                          SOCIAL CIRCLE                             Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     11233                NY                             BROOKLYN                                2-4 Family                              8.5750                           0.5000            0.0000             0.0065              0.0000
     11233                NY                             BROOKLYN                                2-4 Family                             12.1500                           0.5000            0.0000             0.0065              0.0000
     95993                CA                            YUBA CITY                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     33177                FL                              Miami                                  Condominium                             9.4700                           0.5000            0.0000             0.0065              0.0000
     90008                CA                           Los Angeles                               Condominium                            12.0000                           0.5000            0.0000             0.0065              0.0000
     33155                FL                              Miami                                 Single Family                            8.6400                           0.5000            0.0000             0.0065              0.0000
     33155                FL                              Miami                                 Single Family                           10.8800                           0.5000            0.0000             0.0065              0.0000
     77017                TX                             Houston                                     PUD                                 9.9700                           0.5000            0.0000             0.0065              0.0000
     72223                AR                           Little Rock                                   PUD                                 8.1250                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            Lancaster                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     19138                PA                           Philadelphia                             Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     97501                OR                             Medford                                Single Family                            8.5200                           0.5000            0.0000             0.0065              0.0000
     85022                AZ                             Phoenix                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     33912                FL                            Fort Myers                                   PUD                                 7.6500                           0.5000            0.0000             0.0065              0.0000
     40220                KY                            LOUISVILLE                              Single Family                            9.1400                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     22485                VA                           KING GEORGE                              Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     23139                VA                             Powhatan                               Single Family                            7.8600                           0.5000            0.0000             0.0065              0.0000
     23139                VA                             Powhatan                               Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     33912                FL                            Fort Myers                                   PUD                                11.9600                           0.5000            0.0000             0.0065              0.0000
     55379                MN                             Shakopee                               Single Family                            7.5950                           0.5000            0.0000             0.0065              0.0000
     85251                AZ                            Scottsdale                              Single Family                            7.4950                           0.5000            0.0000             0.0065              0.0000
     63118                MO                           Saint Louis                              Single Family                            8.4300                           0.5000            0.0000             0.0065              0.0000
     94533                CA                            Fairfield                               Single Family                            8.1600                           0.5000            0.0000             0.0065              0.0000
     93436                CA                              Lompoc                                Single Family                            6.6800                           0.5000            0.0000             0.0065              0.0000
     55443                MN                          Brooklyn Park                             Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     37172                TN                           Springfield                              Single Family                           10.3750                           0.5000            0.0000             0.0065              0.0000
     92505                CA                            Riverside                               Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     92505                CA                            Riverside                               Single Family                           12.2500                           0.5000            0.0000             0.0065              0.0000
     92591                CA                             Temecula                               Single Family                            6.6000                           0.5000            0.0000             0.0065              0.0000
     63118                MO                           Saint Louis                              Single Family                           13.1700                           0.5000            0.0000             0.0065              0.0000
     90723                CA                            PARAMOUNT                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     90723                CA                            PARAMOUNT                               Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     95687                CA                            VACAVILLE                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     95687                CA                            VACAVILLE                               Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     22406                VA                          FREDERICKSBURG                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     89110                NV                            LAS VEGAS                               Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     92201                CA                            INDIO AREA                                   PUD                                 7.5000                           0.5000            0.0000             0.0065              0.0000
     98296                WA                            SNOHOMISH                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            LANCASTER                               Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     85210                AZ                               MESA                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     85210                AZ                               MESA                                 Single Family                           12.1250                           0.5000            0.0000             0.0065              0.0000
     97351                OR                           INDEPENDENCE                             Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     97351                OR                           INDEPENDENCE                             Single Family                           12.1250                           0.5000            0.0000             0.0065              0.0000
     91709                CA                           CHINO HILLS                              Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     95624                CA                            ELK GROVE                               Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     89703                NV                           CARSON CITY                              Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     91767                CA                              POMONA                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     97527                OR                           GRANTS PASS                              Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     22625                VA                          CROSS JUNCTION                            Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     95354                CA                             MODESTO                                Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     85213                AZ                               MESA                                 Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     89108                NV                            LAS VEGAS                               Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     89108                NV                            LAS VEGAS                               Single Family                           12.1250                           0.5000            0.0000             0.0065              0.0000
     85249                AZ                             CHANDLER                                    PUD                                 9.2500                           0.5000            0.0000             0.0065              0.0000
     91701                CA                         RANCHO CUCAMONGA                           Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     94585                CA                           SUISUN CITY                              Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     94585                CA                           SUISUN CITY                              Single Family                           11.6250                           0.5000            0.0000             0.0065              0.0000
     92231                CA                             CALEXICO                               Single Family                            6.1250                           0.5000            0.0000             0.0065              0.0000
     93591                CA                             Palmdale                               Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     23960                VA                             Prospect                               Single Family                            7.4950                           0.5000            0.0000             0.0065              0.0000
     85205                AZ                               Mesa                                 Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     15108                PA                            Coraopolis                              Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     85381                AZ                              PEORIA                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     23323                VA                            Chesapeake                              Single Family                            6.9950                           0.5000            0.0000             0.0065              0.0000
     22408                VA                          Fredericksbrg                             Single Family                            7.6200                           0.5000            0.0000             0.0065              0.0000
     23059                VA                            Glen Allen                              Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     30543                GA                            Gillsville                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     45069                OH                           West Chester                             Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     10303                NY                          Staten Island                             Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     30543                GA                            Gillsville                              Single Family                           12.9000                           0.5000            0.0000             0.0065              0.0000
     90002                CA                           Los Angeles                              Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     90047                CA                           Los Angeles                              Single Family                            7.7250                           0.5000            0.0000             0.0065              0.0000
     93550                CA                             Palmdale                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     93550                CA                             Palmdale                               Single Family                           11.5500                           0.5000            0.0000             0.0065              0.0000
     85027                AZ                             Phoenix                                Single Family                            8.3300                           0.5000            0.0000             0.0065              0.0000
     7060                 NJ                            Plainfield                               2-4 Family                              9.9300                           0.5000            0.0000             0.0065              0.0000
     84098                UT                            Park City                                Condominium                             7.5800                           0.5000            0.0000             0.0065              0.0000
     55419                MN                           Minneapolis                              Single Family                            9.9000                           0.5000            0.0000             0.0065              0.0000
     7055                 NJ                             Passaic                                 2-4 Family                              9.7500                           0.5000            0.0000             0.0065              0.0000
     34653                FL                         New Port Richey                                 PUD                                 7.5000                           0.5000            0.0000             0.0065              0.0000
     33460                FL                            LAKE WORTH                              Single Family                            6.8000                           0.5000            0.0000             0.0065              0.0000
     15226                PA                            PITTSBURGH                              Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     15144                PA                            SPRINGDALE                              Single Family                            8.3400                           0.5000            0.0000             0.0065              0.0000
     33071                FL                          CORAL SPRINGS                              Condominium                            11.1400                           0.5000            0.0000             0.0065              0.0000
     33319                FL                         FORT LAUDERDALE                             Condominium                             9.8400                           0.5000            0.0000             0.0065              0.0000
     60617                IL                             CHICAGO                                Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     60617                IL                             CHICAGO                                Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     33162                FL                        NORTH MIAMI BEACH                           Single Family                            7.1400                           0.5000            0.0000             0.0065              0.0000
     33179                FL                              MIAMI                                 Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     33435                FL                          BOYNTON BEACH                             Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     33015                FL                             HIALEAH                                 Condominium                             7.2400                           0.5000            0.0000             0.0065              0.0000
     33161                FL                              MIAMI                                  2-4 Family                              8.5500                           0.5000            0.0000             0.0065              0.0000
     15108                PA                            CORAOPOLIS                              Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     33033                FL                            HOMESTEAD                                    PUD                                 6.9900                           0.5000            0.0000             0.0065              0.0000
     16001                PA                              BUTLER                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     33313                FL                            LAUDERHILL                              Single Family                            7.1400                           0.5000            0.0000             0.0065              0.0000
     15108                PA                            CORAOPOLIS                              Single Family                           12.9900                           0.5000            0.0000             0.0065              0.0000
     55040                MN                              ISANTI                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     33437                FL                          BOYNTON BEACH                             Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     30094                GA                             CONYERS                                Single Family                            6.3500                           0.5000            0.0000             0.0065              0.0000
     15226                PA                            PITTSBURGH                              Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     33183                FL                              MIAMI                                  Condominium                            11.1400                           0.5000            0.0000             0.0065              0.0000
     33624                FL                              TAMPA                                      PUD                                10.1400                           0.5000            0.0000             0.0065              0.0000
     33461                FL                           PALM SPRINGS                                  PUD                                10.8400                           0.5000            0.0000             0.0065              0.0000
     34113                FL                              NAPLES                                Single Family                           10.8400                           0.5000            0.0000             0.0065              0.0000
     19560                PA                              TEMPLE                                Single Family                           13.1900                           0.5000            0.0000             0.0065              0.0000
     62703                IL                           SPRINGFIELD                               2-4 Family                              8.1250                           0.5000            0.0000             0.0065              0.0000
     33442                FL                         DEERFIELD BEACH                             Condominium                             7.8400                           0.5000            0.0000             0.0065              0.0000
     32824                FL                             ORLANDO                                Single Family                            9.1400                           0.5000            0.0000             0.0065              0.0000
     33054                FL                            OPA LOCKA                               Single Family                           10.2900                           0.5000            0.0000             0.0065              0.0000
     34473                FL                              OCALA                                 Single Family                            9.9400                           0.5000            0.0000             0.0065              0.0000
     33176                FL                              MIAMI                                  Condominium                             8.4000                           0.5000            0.0000             0.0065              0.0000
     32808                FL                             ORLANDO                                Single Family                            7.8700                           0.5000            0.0000             0.0065              0.0000
     32808                FL                             ORLANDO                                Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     33176                FL                              MIAMI                                  Condominium                            11.3400                           0.5000            0.0000             0.0065              0.0000
     33019                FL                            HOLLYWOOD                                Condominium                             7.6000                           0.5000            0.0000             0.0065              0.0000
     33415                FL                            GREENACRES                              Single Family                           10.8400                           0.5000            0.0000             0.0065              0.0000
     33904                FL                            CAPE CORAL                              Single Family                           13.1900                           0.5000            0.0000             0.0065              0.0000
     33073                FL                          COCONUT CREEK                             Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     34982                FL                           FORT PIERCE                              Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     2920                 RI                             CRANSTON                                2-4 Family                              7.3400                           0.5000            0.0000             0.0065              0.0000
     34744                FL                            KISSIMMEE                               Single Family                            7.5900                           0.5000            0.0000             0.0065              0.0000
     28166                NC                             TROUTMAN                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33024                FL                          PEMBROKE PINES                            Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     33168                FL                              MIAMI                                 Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     20747                MD                         DISTRICT HEIGHTS                           Single Family                            7.6900                           0.5000            0.0000             0.0065              0.0000
     33401                FL                         WEST PALM BEACH                            Single Family                           10.8400                           0.5000            0.0000             0.0065              0.0000
     30315                GA                             ATLANTA                                Single Family                            8.7400                           0.5000            0.0000             0.0065              0.0000
     33634                FL                              TAMPA                                 Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     33010                FL                             HIALEAH                                Single Family                            7.3400                           0.5000            0.0000             0.0065              0.0000
     43219                OH                             COLUMBUS                               Single Family                            9.2900                           0.5000            0.0000             0.0065              0.0000
     33321                FL                             TAMARAC                                Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     33312                FL                         FORT LAUDERDALE                            Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     33312                FL                         FORT LAUDERDALE                            Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     43612                OH                              TOLEDO                                Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     53206                WI                            MILWAUKEE                                2-4 Family                              9.7900                           0.5000            0.0000             0.0065              0.0000
     34759                FL                            KISSIMMEE                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     33138                FL                              MIAMI                                  2-4 Family                              7.7900                           0.5000            0.0000             0.0065              0.0000
     34761                FL                              OCOEE                                      PUD                                 7.8000                           0.5000            0.0000             0.0065              0.0000
     33610                FL                              TAMPA                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     48042                MI                              MACOMB                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     17104                PA                            HARRISBURG                              Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     34744                FL                            KISSIMMEE                               Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     30344                GA                            EAST POINT                              Single Family                            8.8100                           0.5000            0.0000             0.0065              0.0000
     33129                FL                              MIAMI                                  Condominium                             7.3750                           0.5000            0.0000             0.0065              0.0000
     33162                FL                              MIAMI                                 Single Family                            7.5400                           0.5000            0.0000             0.0065              0.0000
     32068                FL                            MIDDLEBURG                              Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     48213                MI                             DETROIT                                 2-4 Family                              8.1400                           0.5000            0.0000             0.0065              0.0000
     33607                FL                              TAMPA                                 Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     33607                FL                              TAMPA                                 Single Family                           12.2900                           0.5000            0.0000             0.0065              0.0000
     48198                MI                            YPSILANTI                               Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     53215                WI                            MILWAUKEE                               Single Family                            8.8900                           0.5000            0.0000             0.0065              0.0000
     32907                FL                             PALM BAY                               Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRAMAR                                Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     27891                NC                            WHITAKERS                               Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     38109                TN                             MEMPHIS                                Single Family                           10.8000                           0.5000            0.0000             0.0065              0.0000
     49721                MI                            CHEBOYGAN                               Single Family                           10.7000                           0.5000            0.0000             0.0065              0.0000
     38134                TN                             MEMPHIS                                 Condominium                            11.1400                           0.5000            0.0000             0.0065              0.0000
     1841                 MA                             LAWRENCE                                2-4 Family                              9.2500                           0.5000            0.0000             0.0065              0.0000
     56441                MN                              CROSBY                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                           11.3000                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             DETROIT                                Single Family                           12.1900                           0.5000            0.0000             0.0065              0.0000
     46035                IN                              COLFAX                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     48192                MI                            WYANDOTTE                                2-4 Family                              7.3400                           0.5000            0.0000             0.0065              0.0000
     48192                MI                            WYANDOTTE                                2-4 Family                             11.6000                           0.5000            0.0000             0.0065              0.0000
     46628                IN                            SOUTH BEND                              Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     32703                FL                              APOPKA                                Single Family                           10.9650                           0.5000            0.0000             0.0065              0.0000
     48237                MI                             OAK PARK                               Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     48127                MI                         DEARBORN HEIGHTS                           Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     46952                IN                              MARION                                Single Family                            9.3400                           0.5000            0.0000             0.0065              0.0000
     47129                IN                           CLARKSVILLE                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     46237                IN                           INDIANAPOLIS                             Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     1104                 MA                           SPRINGFIELD                              Single Family                            8.1400                           0.5000            0.0000             0.0065              0.0000
     2905                 RI                             CRANSTON                                2-4 Family                              8.0900                           0.5000            0.0000             0.0065              0.0000
     2905                 RI                             CRANSTON                                2-4 Family                             12.0400                           0.5000            0.0000             0.0065              0.0000
     20754                MD                             DUNKIRK                                Single Family                            8.7400                           0.5000            0.0000             0.0065              0.0000
     1603                 MA                            WORCESTER                                2-4 Family                              8.8600                           0.5000            0.0000             0.0065              0.0000
     28602                NC                             HICKORY                                Single Family                           10.1900                           0.5000            0.0000             0.0065              0.0000
     27524                NC                            FOUR OAKS                               Single Family                            7.3900                           0.5000            0.0000             0.0065              0.0000
     2907                 RI                            PROVIDENCE                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     46237                IN                           INDIANAPOLIS                             Single Family                           10.3900                           0.5000            0.0000             0.0065              0.0000
     34711                FL                             CLERMONT                                    PUD                                 9.5000                           0.5000            0.0000             0.0065              0.0000
     46807                IN                            FRT WAYNE                                2-4 Family                              9.6400                           0.5000            0.0000             0.0065              0.0000
     38116                TN                             MEMPHIS                                Single Family                           10.0900                           0.5000            0.0000             0.0065              0.0000
     38127                TN                             MEMPHIS                                Single Family                           10.9400                           0.5000            0.0000             0.0065              0.0000
     21221                MD                              ESSEX                                 Single Family                           13.2900                           0.5000            0.0000             0.0065              0.0000
     2478                 MA                             BELMONT                                Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     46222                IN                           INDIANAPOLIS                             Single Family                           11.3000                           0.5000            0.0000             0.0065              0.0000
     49306                MI                             BELMONT                                Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     33610                FL                              TAMPA                                 Single Family                           10.8400                           0.5000            0.0000             0.0065              0.0000
     34984                FL                         PORT SAINT LUCIE                           Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     49307                MI                            BIG RAPIDS                              Single Family                            7.4400                           0.5000            0.0000             0.0065              0.0000
     38141                TN                             MEMPHIS                                Single Family                            8.8900                           0.5000            0.0000             0.0065              0.0000
     2907                 RI                            PROVIDENCE                               2-4 Family                              8.4400                           0.5000            0.0000             0.0065              0.0000
     37857                TN                           ROGERSVILLE                              Single Family                            8.7900                           0.5000            0.0000             0.0065              0.0000
     38141                TN                             MEMPHIS                                Single Family                            9.4900                           0.5000            0.0000             0.0065              0.0000
     32750                FL                             LONGWOOD                               Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                Single Family                            7.7400                           0.5000            0.0000             0.0065              0.0000
     38135                TN                             BARTLETT                               Single Family                           12.1500                           0.5000            0.0000             0.0065              0.0000
     46324                IN                             HAMMOND                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     33993                FL                            CAPE CORAL                              Single Family                            7.0500                           0.5000            0.0000             0.0065              0.0000
     20744                MD                         FORT WASHINGTON                            Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     43612                OH                              TOLEDO                                Single Family                           12.9400                           0.5000            0.0000             0.0065              0.0000
     28667                NC                             RHODHISS                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     49506                MI                           GRAND RAPIDS                             Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     49506                MI                           GRAND RAPIDS                             Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     33905                FL                            FORT MYERS                              Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     44139                OH                              SOLON                                 Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     21237                MD                             ROSEDALE                               Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     34652                FL                         NEW PORT RICHEY                            Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     33026                FL                           COOPER CITY                              Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     33702                FL                         SAINT PETERSBURG                           Single Family                           10.7400                           0.5000            0.0000             0.0065              0.0000
     34748                FL                             LEESBURG                               Single Family                           13.1900                           0.5000            0.0000             0.0065              0.0000
     17097                PA                            WICONISCO                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     32209                FL                           JACKSONVILLE                             Single Family                            9.2400                           0.5000            0.0000             0.0065              0.0000
     60639                IL                             CHICAGO                                 2-4 Family                              8.5900                           0.5000            0.0000             0.0065              0.0000
     60639                IL                             CHICAGO                                 2-4 Family                              8.7900                           0.5000            0.0000             0.0065              0.0000
     60639                IL                             CHICAGO                                 2-4 Family                             12.5000                           0.5000            0.0000             0.0065              0.0000
     60435                IL                              JOLIET                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     60629                IL                             CHICAGO                                Single Family                           12.2000                           0.5000            0.0000             0.0065              0.0000
     60085                IL                             WAUKEGAN                               Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     60131                IL                          FRANKLIN PARK                             Single Family                            8.0400                           0.5000            0.0000             0.0065              0.0000
     60504                IL                              AURORA                                Single Family                           10.3900                           0.5000            0.0000             0.0065              0.0000
     60628                IL                             CHICAGO                                 2-4 Family                              8.0000                           0.5000            0.0000             0.0065              0.0000
     60619                IL                             CHICAGO                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     60641                IL                             CHICAGO                                 2-4 Family                              8.7500                           0.5000            0.0000             0.0065              0.0000
     60707                IL                             CHICAGO                                 Condominium                            12.3750                           0.5000            0.0000             0.0065              0.0000
     60506                IL                              AURORA                                Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     60406                IL                           BLUE ISLAND                              Single Family                           12.2750                           0.5000            0.0000             0.0065              0.0000
     60804                IL                              CICERO                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     60804                IL                              CICERO                                Single Family                           11.6000                           0.5000            0.0000             0.0065              0.0000
     61054                IL                           MOUNT MORRIS                             Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     60431                IL                            SHOREWOOD                               Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     60459                IL                             BURBANK                                Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     60452                IL                            OAK FOREST                              Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     60506                IL                              AURORA                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     60805                IL                          EVERGREEN PARK                            Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     60622                IL                             CHICAGO                                 Condominium                             8.2500                           0.5000            0.0000             0.0065              0.0000
     60639                IL                             CHICAGO                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     60053                IL                           MORTON GROVE                             Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     60612                IL                             CHICAGO                                 2-4 Family                              8.2700                           0.5000            0.0000             0.0065              0.0000
     60191                IL                            WOOD DALE                               Single Family                            7.1200                           0.5000            0.0000             0.0065              0.0000
     60425                IL                             GLENWOOD                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     60636                IL                             CHICAGO                                 2-4 Family                              7.9200                           0.5000            0.0000             0.0065              0.0000
     60073                IL                         ROUND LAKE BEACH                           Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     60090                IL                             WHEELING                                Condominium                             7.9900                           0.5000            0.0000             0.0065              0.0000
     60609                IL                             CHICAGO                                Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     60629                IL                             CHICAGO                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     60506                IL                              AURORA                                Single Family                            9.1900                           0.5000            0.0000             0.0065              0.0000
     60448                IL                              MOKENA                                 Condominium                             8.6500                           0.5000            0.0000             0.0065              0.0000
     60448                IL                              MOKENA                                 Condominium                            11.5400                           0.5000            0.0000             0.0065              0.0000
     60623                IL                             CHICAGO                                 2-4 Family                              8.4000                           0.5000            0.0000             0.0065              0.0000
     60623                IL                             CHICAGO                                 2-4 Family                             10.5900                           0.5000            0.0000             0.0065              0.0000
     60525                IL                            LA GRANGE                               Single Family                           12.6250                           0.5000            0.0000             0.0065              0.0000
     53140                WI                             KENOSHA                                 2-4 Family                              8.9000                           0.5000            0.0000             0.0065              0.0000
     6112                 CT                             HARTFORD                                2-4 Family                              8.2500                           0.5000            0.0000             0.0065              0.0000
     23513                VA                             NORFOLK                                Single Family                            8.7250                           0.5000            0.0000             0.0065              0.0000
     32168                FL                          NEW SMYRNA BEA                            Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     45238                OH                            CINCINNATI                              Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                Single Family                           10.7000                           0.5000            0.0000             0.0065              0.0000
     48336                MI                            FARMINGTON                              Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     48135                MI                           GARDEN CITY                              Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     46237                IN                           INDIANAPOLIS                             Single Family                           10.8000                           0.5000            0.0000             0.0065              0.0000
     53143                WI                             KENOSHA                                Single Family                           10.9500                           0.5000            0.0000             0.0065              0.0000
     1109                 MA                           SPRINGFIELD                              Single Family                           10.3900                           0.5000            0.0000             0.0065              0.0000
     63301                MO                           ST. CHARLES                              Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     32907                FL                             PALM BAY                               Single Family                           12.5000                           0.5000            0.0000             0.0065              0.0000
     32901                FL                            MELBOURNE                               Single Family                           12.9500                           0.5000            0.0000             0.0065              0.0000
     92880                CA                              CORONA                                Single Family                            6.8000                           0.5000            0.0000             0.0065              0.0000
     92675                CA                       SAN JUAN CAPISTRANO                          Single Family                            7.4500                           0.5000            0.0000             0.0065              0.0000
     53227                WI                            MILWAUKEE                               Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     65631                MO                              CLEVER                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     23602                VA                           NEWPORT NEWS                             Single Family                           12.2700                           0.5000            0.0000             0.0065              0.0000
     30008                GA                             MARIETTA                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     64429                MO                             CAMERON                                Single Family                            8.4900                           0.5000            0.0000             0.0065              0.0000
     77088                TX                             HOUSTON                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     77547                TX                           GALENA PARK                              Single Family                            9.2700                           0.5000            0.0000             0.0065              0.0000
     75061                TX                              IRVING                                Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     64080                MO                          PLEASANT HILL                             Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     48227                MI                             DETROIT                                Single Family                            9.2400                           0.5000            0.0000             0.0065              0.0000
     64030                MO                            GRANDVIEW                               Single Family                           10.9500                           0.5000            0.0000             0.0065              0.0000
     64155                MO                           KANSAS CITY                              Single Family                            9.5900                           0.5000            0.0000             0.0065              0.0000
     77073                TX                             HOUSTON                                Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     75228                TX                              DALLAS                                Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     75220                TX                              DALLAS                                Single Family                            7.4900                           0.5000            0.0000             0.0065              0.0000
     77084                TX                             HOUSTON                                Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     77449                TX                               KATY                                 Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     63031                MO                            FLORISSANT                              Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     65721                MO                              OZARK                                 Single Family                           10.3400                           0.5000            0.0000             0.0065              0.0000
     75040                TX                             GARLAND                                Single Family                            8.9100                           0.5000            0.0000             0.0065              0.0000
     79735                TX                          FORT STOCKTON                             Single Family                           11.4900                           0.5000            0.0000             0.0065              0.0000
     63121                MO                           SAINT LOUIS                              Single Family                            8.8400                           0.5000            0.0000             0.0065              0.0000
     77379                TX                              SPRING                                     PUD                                 9.9500                           0.5000            0.0000             0.0065              0.0000
     76108                TX                         WHITE SETTLEMENT                           Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     49509                MI                             WYOMING                                Single Family                            7.9400                           0.5000            0.0000             0.0065              0.0000
     75228                TX                              DALLAS                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     76067                TX                          MINERAL WELLS                             Single Family                           10.1400                           0.5000            0.0000             0.0065              0.0000
     77064                TX                             HOUSTON                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     75074                TX                              PLANO                                 Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     75248                TX                              DALLAS                                Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     75180                TX                          BALCH SPRINGS                             Single Family                            8.2400                           0.5000            0.0000             0.0065              0.0000
     8059                 NJ                          MOUNT EPHRAIM                             Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     8205                 NJ                             GALLOWAY                                Condominium                             8.2500                           0.5000            0.0000             0.0065              0.0000
     7461                 NJ                             WANTAGE                                Single Family                            7.6900                           0.5000            0.0000             0.0065              0.0000
     77032                TX                             HOUSTON                                Single Family                            9.2250                           0.5000            0.0000             0.0065              0.0000
     77535                TX                              DAYTON                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     77373                TX                              SPRING                                Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     78109                TX                             CONVERSE                               Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     17921                PA                             ASHLAND                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     95205                CA                             STOCKTON                               Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     93230                CA                             HANFORD                                Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     93630                CA                              KERMAN                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     22153                VA                           SPRINGFIELD                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     23701                VA                            PORTSMOUTH                              Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     21643                MD                             HURLOCK                                Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     20737                MD                            RIVERDALE                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     17522                PA                             EPHRATA                                Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     17551                PA                           MILLERSVILLE                             Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     96791                HI                             WAIALUA                                 Condominium                             9.5000                           0.5000            0.0000             0.0065              0.0000
     19943                DE                              FELTON                                Single Family                            9.1750                           0.5000            0.0000             0.0065              0.0000
     19966                DE                            MILLSBORO                               Single Family                           10.3000                           0.5000            0.0000             0.0065              0.0000
     21213                MD                            BALTIMORE                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     21239                MD                            BALTIMORE                               Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     23701                VA                            PORTSMOUTH                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     23608                VA                           NEWPORT NEWS                              Condominium                            10.3280                           0.5000            0.0000             0.0065              0.0000
     43056                OH                              NEWARK                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     44260                OH                             MOGADORE                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     45237                OH                            CINCINNATI                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     43110                OH                         CANAL WINCHESTER                           Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     45227                OH                            CINCINNATI                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80524                CO                           FORT COLLINS                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80239                CO                              DENVER                                Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     79373                TX                              TAHOKA                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     75701                TX                              TYLER                                 Single Family                            7.7750                           0.5000            0.0000             0.0065              0.0000
     79414                TX                             LUBBOCK                                Single Family                            8.7750                           0.5000            0.0000             0.0065              0.0000
     75961                TX                           NACOGDOCHES                              Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     76131                TX                           FORTH WORTH                              Single Family                            8.4400                           0.5000            0.0000             0.0065              0.0000
     75220                TX                              DALLAS                                Single Family                           11.1900                           0.5000            0.0000             0.0065              0.0000
     77503                TX                             PASADENA                               Single Family                            8.2750                           0.5000            0.0000             0.0065              0.0000
     77072                TX                             HOUSTON                                Single Family                            7.1500                           0.5000            0.0000             0.0065              0.0000
     75454                TX                             MELISSA                                Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     76234                TX                             DECATUR                                Single Family                            8.4750                           0.5000            0.0000             0.0065              0.0000
     75220                TX                              DALLAS                                Single Family                           10.4000                           0.5000            0.0000             0.0065              0.0000
     75062                TX                              IRVING                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     75104                TX                            CEDAR HILL                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     91340                CA                           SAN FERNANDO                             Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     95116                CA                             SAN JOSE                               Single Family                            6.9750                           0.5000            0.0000             0.0065              0.0000
     93230                CA                             HANFORD                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     77088                TX                             HOUSTON                                Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     98626                WA                              KELSO                                 Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     97487                OR                              VENETA                                Single Family                           11.1250                           0.5000            0.0000             0.0065              0.0000
     95215                CA                             STOCKTON                               Single Family                            7.1400                           0.5000            0.0000             0.0065              0.0000
     99114                WA                             COLVILLE                               Single Family                            9.5650                           0.5000            0.0000             0.0065              0.0000
     95301                CA                             ATWATER                                Single Family                            8.9400                           0.5000            0.0000             0.0065              0.0000
     93635                CA                            LOS BANOS                               Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     95695                CA                             WOODLAND                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     94533                CA                            FAIRFIELD                                    PUD                                11.7900                           0.5000            0.0000             0.0065              0.0000
     99202                WA                             SPOKANE                                Single Family                           11.6400                           0.5000            0.0000             0.0065              0.0000
     95901                CA                            MARYSVILLE                              Single Family                           11.7900                           0.5000            0.0000             0.0065              0.0000
     93230                CA                             HANFORD                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     93701                CA                              FRESNO                                Single Family                            8.2900                           0.5000            0.0000             0.0065              0.0000
     93711                CA                              FRESNO                                Single Family                            9.5400                           0.5000            0.0000             0.0065              0.0000
     95815                CA                            SACRAMENTO                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     98584                WA                             SHELTON                                Single Family                           11.5000                           0.5000            0.0000             0.0065              0.0000
     95948                CA                             GRIDLEY                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     84118                UT                          SALT LAKE CITY                            Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     95023                CA                            HOLLISTER                               Single Family                           10.4900                           0.5000            0.0000             0.0065              0.0000
     85258                AZ                            SCOTTSDALE                               Condominium                            11.6900                           0.5000            0.0000             0.0065              0.0000
     95824                CA                            SACRAMENTO                              Single Family                            7.6400                           0.5000            0.0000             0.0065              0.0000
     95687                CA                            VACAVILLE                                Condominium                            11.6900                           0.5000            0.0000             0.0065              0.0000
     95823                CA                            SACRAMENTO                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     95948                CA                             GRIDLEY                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     84104                UT                          SALT LAKE CITY                            Single Family                            9.1400                           0.5000            0.0000             0.0065              0.0000
     98022                WA                             ENUMCLAW                               Single Family                            7.4900                           0.5000            0.0000             0.0065              0.0000
     95660                CA                         NORTH HIGHLANDS                            Single Family                            7.4400                           0.5000            0.0000             0.0065              0.0000
     95336                CA                             MANTECA                                Single Family                            7.7150                           0.5000            0.0000             0.0065              0.0000
     95376                CA                              TRACY                                  2-4 Family                              8.1150                           0.5000            0.0000             0.0065              0.0000
     98390                WA                              SUMNER                                Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     98390                WA                              SUMNER                                Single Family                           10.2400                           0.5000            0.0000             0.0065              0.0000
     92201                CA                              INDIO                                 Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92252                CA                           JOSHUA TREE                              Single Family                            8.5650                           0.5000            0.0000             0.0065              0.0000
     80918                CO                         COLORADO SPRINGS                                PUD                                 8.5000                           0.5000            0.0000             0.0065              0.0000
     91761                CA                             ONTARIO                                Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     80204                CO                              DENVER                                Single Family                           11.1400                           0.5000            0.0000             0.0065              0.0000
     89115                NV                            LAS VEGAS                               Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     89119                NV                            LAS VEGAS                               Single Family                            7.2400                           0.5000            0.0000             0.0065              0.0000
     85031                AZ                             PHOENIX                                Single Family                           10.8900                           0.5000            0.0000             0.0065              0.0000
     92705                CA                            SANTA ANA                                Condominium                             9.8900                           0.5000            0.0000             0.0065              0.0000
     92307                CA                           APPLE VALLEY                             Single Family                            8.9150                           0.5000            0.0000             0.0065              0.0000
     90059                CA                           LOS ANGELES                              Single Family                           11.7900                           0.5000            0.0000             0.0065              0.0000
     97918                OR                               VALE                                 Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     90031                CA                           LOS ANGELES                               2-4 Family                             10.9900                           0.5000            0.0000             0.0065              0.0000
     92057                CA                            OCEANSIDE                                Condominium                             9.5590                           0.5000            0.0000             0.0065              0.0000
     92675                CA                       SAN JUAN CAPISTRANO                           Condominium                            11.6900                           0.5000            0.0000             0.0065              0.0000
     92562                CA                             MURRIETA                               Single Family                           11.7900                           0.5000            0.0000             0.0065              0.0000
     93701                CA                              FRESNO                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     85019                AZ                             PHOENIX                                Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     85031                AZ                             PHOENIX                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     92410                CA                          SAN BERNARDINO                            Single Family                            8.2400                           0.5000            0.0000             0.0065              0.0000
     92410                CA                          SAN BERNARDINO                            Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     92557                CA                          MORENO VALLEY                             Single Family                           11.2900                           0.5000            0.0000             0.0065              0.0000
     93532                CA                          ELIZABETH LAKE                            Single Family                           11.5900                           0.5000            0.0000             0.0065              0.0000
     86403                AZ                         LAKE HAVASU CITY                           Single Family                            7.7650                           0.5000            0.0000             0.0065              0.0000
     92395                CA                           VICTORVILLE                              Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     90222                CA                             COMPTON                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     85220                AZ                         APACHE JUNCTION                                 PUD                                 8.7650                           0.5000            0.0000             0.0065              0.0000
     92114                CA                            SAN DIEGO                               Single Family                            8.7900                           0.5000            0.0000             0.0065              0.0000
     92503                CA                            RIVERSIDE                               Single Family                            7.6900                           0.5000            0.0000             0.0065              0.0000
     92057                CA                            OCEANSIDE                               Single Family                            7.8650                           0.5000            0.0000             0.0065              0.0000
     93001                CA                             VENTURA                                Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     91343                CA                           LOS ANGELES                               Condominium                            11.4900                           0.5000            0.0000             0.0065              0.0000
     80808                CO                              CALHAN                                Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     92571                CA                              PERRIS                                Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     92571                CA                              PERRIS                                Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     92582                CA                           SAN JACINTO                              Single Family                            8.0650                           0.5000            0.0000             0.0065              0.0000
     92083                CA                              VISTA                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     89107                NV                            LAS VEGAS                               Single Family                            7.8650                           0.5000            0.0000             0.0065              0.0000
     90220                CA                             COMPTON                                 2-4 Family                              7.1650                           0.5000            0.0000             0.0065              0.0000
     85086                AZ                             PHOENIX                                     PUD                                11.9400                           0.5000            0.0000             0.0065              0.0000
     93551                CA                             PALMDALE                               Single Family                           10.2400                           0.5000            0.0000             0.0065              0.0000
     90011                CA                           LOS ANGELES                               2-4 Family                              8.3400                           0.5000            0.0000             0.0065              0.0000
     90814                CA                            LONG BEACH                              Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     90814                CA                            LONG BEACH                              Single Family                           11.3900                           0.5000            0.0000             0.0065              0.0000
     85031                AZ                             PHOENIX                                Single Family                           11.5400                           0.5000            0.0000             0.0065              0.0000
     93305                CA                           BAKERSFIELD                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     91335                CA                              RESADA                                 Condominium                             7.5400                           0.5000            0.0000             0.0065              0.0000
     92545                CA                              HEMET                                 Single Family                            7.5400                           0.5000            0.0000             0.0065              0.0000
     90002                CA                           LOS ANGELES                              Single Family                            8.3650                           0.5000            0.0000             0.0065              0.0000
     90002                CA                           LOS ANGELES                              Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     85387                AZ                             SURPRISE                               Single Family                            7.7900                           0.5000            0.0000             0.0065              0.0000
     92240                CA                        DESERT HOT SPRINGS                          Single Family                            7.3900                           0.5000            0.0000             0.0065              0.0000
     92335                CA                             FONTANA                                Single Family                            6.6400                           0.5000            0.0000             0.0065              0.0000
     80910                CO                         COLORADO SPRINGS                            Condominium                            10.6900                           0.5000            0.0000             0.0065              0.0000
     90042                CA                           LOS ANGELES                              Single Family                            7.4150                           0.5000            0.0000             0.0065              0.0000
     91911                CA                           CHULA VISTA                              Single Family                            8.0150                           0.5000            0.0000             0.0065              0.0000
     80013                CO                              AURORA                                Single Family                            8.8650                           0.5000            0.0000             0.0065              0.0000
     89156                NV                            LAS VEGAS                                    PUD                                 8.4750                           0.5000            0.0000             0.0065              0.0000
     92629                CA                            DANA POINT                               Condominium                             9.5400                           0.5000            0.0000             0.0065              0.0000
     80920                CO                         COLORADO SPRINGS                           Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     85017                AZ                             PHOENIX                                Single Family                            7.9400                           0.5000            0.0000             0.0065              0.0000
     80503                CO                             LONGMONT                               Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     85364                AZ                               YUMA                                 Single Family                            9.0900                           0.5000            0.0000             0.0065              0.0000
     85364                AZ                               YUMA                                 Single Family                           10.3000                           0.5000            0.0000             0.0065              0.0000
     85648                AZ                             RIO RICO                               Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     85345                AZ                              PEORIA                                Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     86409                AZ                             KINGMAN                                Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     87114                NM                            ALBQUERQUE                              Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     85630                AZ                           SAINT DAVID                              Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     85022                AZ                             PHOENIX                                 2-4 Family                              8.4750                           0.5000            0.0000             0.0065              0.0000
     85297                AZ                             GILBERT                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     92399                CA                             YUCAIPA                                Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     92509                CA                            RIVERSIDE                               Single Family                            6.8750                           0.5000            0.0000             0.0065              0.0000
     92507                CA                            RIVERSIDE                                Condominium                             6.6250                           0.5000            0.0000             0.0065              0.0000
     83839                ID                             KINGSTON                               Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     80249                CO                              DENVER                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80241                CO                             THORNTON                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80204                CO                              DENVER                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     80233                CO                             THORNTON                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     80204                CO                              DENVER                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     33189                FL                              MIAMI                                 Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     33142                FL                              MIAMI                                 Single Family                            8.5400                           0.5000            0.0000             0.0065              0.0000
     53546                WI                            JANESVILLE                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     55927                MN                           DODGE CENTER                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     56347                MN                           LONG PRAIRIE                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     53511                WI                              BELOIT                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     55021                MN                            FARIBAULT                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     55076                MN                       INVER GROVE HEIGHTS                               PUD                                 9.5000                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     93258                CA                              POPLAR                                Single Family                            7.9400                           0.5000            0.0000             0.0065              0.0000
     85017                AZ                             PHOENIX                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     85017                AZ                             PHOENIX                                Single Family                           11.4900                           0.5000            0.0000             0.0065              0.0000
     85019                AZ                             PHOENIX                                Single Family                           11.7900                           0.5000            0.0000             0.0065              0.0000
     95820                CA                            SACRAMENTO                              Single Family                            8.0150                           0.5000            0.0000             0.0065              0.0000
     81001                CO                              PUEBLO                                Single Family                            7.9400                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     85017                AZ                             PHOENIX                                Single Family                            8.9400                           0.5000            0.0000             0.0065              0.0000
     92394                CA                           VICTORVILLE                              Single Family                            7.1500                           0.5000            0.0000             0.0065              0.0000
     92394                CA                           VICTORVILLE                              Single Family                           10.5900                           0.5000            0.0000             0.0065              0.0000
     85019                AZ                             PHOENIX                                Single Family                            9.4150                           0.5000            0.0000             0.0065              0.0000
     85037                AZ                             PHOENIX                                Single Family                            9.2900                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                           11.6900                           0.5000            0.0000             0.0065              0.0000
     85043                AZ                             PHOENIX                                Single Family                            7.7650                           0.5000            0.0000             0.0065              0.0000
     92345                CA                             HESPERIA                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     85323                AZ                             AVONDALE                               Single Family                            8.5650                           0.5000            0.0000             0.0065              0.0000
     85301                AZ                             GLENDALE                                Condominium                             7.0900                           0.5000            0.0000             0.0065              0.0000
     85301                AZ                             GLENDALE                                Condominium                             9.8900                           0.5000            0.0000             0.0065              0.0000
     89015                NV                            HENDERSON                               Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     89705                NV                           CARSON CITY                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     61068                IL                             ROCHELLE                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60827                IL                             CHICAGO                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     61115                IL                          MACHESNEY PARK                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     61115                IL                          MACHESNEY PARK                            Single Family                            9.2400                           0.5000            0.0000             0.0065              0.0000
     48180                MI                              TAYLOR                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48801                MI                               ALMA                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48213                MI                             DETROIT                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48504                MI                              FLINT                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60445                IL                            CRESTWOOD                                Condominium                             8.7500                           0.5000            0.0000             0.0065              0.0000
     60644                IL                             CHICAGO                                 2-4 Family                              8.7500                           0.5000            0.0000             0.0065              0.0000
     46408                IN                               GARY                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     46254                IN                           INDIANAPOLIS                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     49444                MI                         MUSKEGON HEIGHTS                           Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     47331                IN                           CONNERSVILLE                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     47165                IN                              PEKIN                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     46402                IN                               GARY                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     46201                IN                           INDIANAPOLIS                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     46383                IN                            VALPARAISO                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     79103                TX                             AMARILLO                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     75051                TX                          GRAND PRAIRIE                             Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     75602                TX                             LONGVIEW                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     76015                TX                            ARLINGTON                               Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     75751                TX                              ATHENS                                Single Family                           10.0900                           0.5000            0.0000             0.0065              0.0000
     63077                MO                           SAINT CLAIR                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     63116                MO                           SAINT LOUIS                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     65010                MO                             ASHLAND                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     55008                MN                            CAMBRIDGE                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     56164                MN                            PIPESTONE                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60432                IL                              JOILET                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60419                IL                              DOLTON                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     61554                IL                              PEKIN                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60178                IL                             SYCAMORE                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60655                IL                             CHICAGO                                Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     60628                IL                             CHICAGO                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     61109                IL                             ROCKFORD                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60031                IL                              GURNEE                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60432                IL                              JOILET                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     32218                FL                           JACKSONVILLE                             Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     32571                FL                              MILTON                                Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     32547                FL                        FORT WALTON BEACH                           Single Family                            6.9750                           0.5000            0.0000             0.0065              0.0000
     32526                FL                            PENSACOLA                               Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     32219                FL                           JACKSONVILLE                             Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     32137                FL                            PALM COAST                              Single Family                            8.7250                           0.5000            0.0000             0.0065              0.0000
     32244                FL                           JACKSONVILLE                                  PUD                                 9.0000                           0.5000            0.0000             0.0065              0.0000
     32137                FL                            PALM COAST                              Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     32277                FL                           JACKSONVILLE                              Condominium                             8.4650                           0.5000            0.0000             0.0065              0.0000
     70454                LA                           PONCHATOULA                              Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     71254                LA                         LAKE PROVIDENCE                            Single Family                            6.8750                           0.5000            0.0000             0.0065              0.0000
     70584                LA                              SUNSET                                Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     70068                LA                             LA PLACE                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     71037                LA                             HAUGHTON                               Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     71078                LA                            STONEWALL                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     37055                TN                             DICKSON                                Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     30655                GA                              MONROE                                Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     39837                GA                             COLQUITT                               Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     30044                GA                          LAWRENCEVILLE                             Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     31005                GA                             BONAIRE                                Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     30736                GA                             RINGGOLD                               Single Family                           11.1250                           0.5000            0.0000             0.0065              0.0000
     31907                GA                             COLUMBUS                               Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     30655                GA                              MONROE                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     31634                GA                            HOMERVILLE                              Single Family                            6.8750                           0.5000            0.0000             0.0065              0.0000
     30083                GA                          STONE MOUNTAIN                            Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     31005                GA                             BONAIRE                                Single Family                            9.8900                           0.5000            0.0000             0.0065              0.0000
     24401                VA                             Staunton                               Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     33026                FL                          Pembroke Pines                                 PUD                                 8.3100                           0.5000            0.0000             0.0065              0.0000
     85053                AZ                             Phoenix                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     19539                PA                            Mertztown                               Single Family                            8.0200                           0.5000            0.0000             0.0065              0.0000
     34232                FL                             Sarasota                               Single Family                           10.2700                           0.5000            0.0000             0.0065              0.0000
     19539                PA                            Mertztown                               Single Family                           12.5000                           0.5000            0.0000             0.0065              0.0000
     89512                NV                               Reno                                  Condominium                             9.7000                           0.5000            0.0000             0.0065              0.0000
     89512                NV                               Reno                                  Condominium                            12.1100                           0.5000            0.0000             0.0065              0.0000
     21061                MD                           GLEN BURNIE                              Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     48227                MI                             Detroit                                Single Family                            9.6900                           0.5000            0.0000             0.0065              0.0000
     22309                VA                            Alexandria                               Condominium                             9.8750                           0.5000            0.0000             0.0065              0.0000
     20110                VA                             MANASSAS                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     6854                 CT                             NORWALK                                Single Family                            8.7250                           0.5000            0.0000             0.0065              0.0000
     12209                NY                              ALBANY                                Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     19055                PA                            LEVITTOWN                               Single Family                            8.2250                           0.5000            0.0000             0.0065              0.0000
     34639                FL                           LAND O LAKES                             Single Family                            7.7600                           0.5000            0.0000             0.0065              0.0000
     19956                DE                              LAUREL                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33556                FL                              ODESSA                                Single Family                            8.2250                           0.5000            0.0000             0.0065              0.0000
     81144                CO                           MONTE VISTA                              Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     32763                FL                           ORANGE CITY                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     11238                NY                             BROOKLYN                                    PUD                                 9.2500                           0.5000            0.0000             0.0065              0.0000
     83402                ID                           IDAHO FALLS                              Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     74070                OK                             SKIATOOK                               Single Family                            8.2400                           0.5000            0.0000             0.0065              0.0000
     32327                FL                          CRAWFORDVILLE                             Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     71282                LA                             TALLULAH                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     37860                TN                           RUSSELLVILLE                             Single Family                            9.0850                           0.5000            0.0000             0.0065              0.0000
     29420                SC                         NORTH CHARLESTON                           Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     19150                PA                           PHILADELPHIA                             Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     19150                PA                           PHILADELPHIA                             Single Family                            7.2750                           0.5000            0.0000             0.0065              0.0000
     90242                CA                              DOWNEY                                Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     93638                CA                              MADERA                                Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            LANCASTER                               Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     93552                CA                             PALMDALE                               Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     89129                NV                            LAS VEGAS                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     85365                AZ                               YUMA                                 Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     93215                CA                              DELANO                                Single Family                            8.3800                           0.5000            0.0000             0.0065              0.0000
     94043                CA                          MOUNTAIN VIEW                                  PUD                                 7.6750                           0.5000            0.0000             0.0065              0.0000
     89081                NV                         NORTH LAS VEGAS                                 PUD                                 8.8500                           0.5000            0.0000             0.0065              0.0000
     95824                CA                            SACRAMENTO                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     95350                CA                             MODESTO                                Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     90746                CA                              CARSON                                Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     90745                CA                              CARSON                                Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     85015                AZ                             PHOENIX                                Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     92407                CA                          SAN BERNARDINO                            Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     91710                CA                              CHINO                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     98012                WA                             BOTHELL                                Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     92405                CA                          SAN BERNARDINO                            Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     90280                CA                            SOUTH GATE                              Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     89128                NV                            LAS VEGAS                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     84780                UT                            WASHINGTON                              Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     92394                CA                           VICTORVILLE                              Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     81520                CO                             CLIFTON                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     92675                CA                       SAN JUAN CAPISTRANO                           Condominium                             7.9000                           0.5000            0.0000             0.0065              0.0000
     92382                CA                            ARROW BEAR                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     92832                CA                            FULLERTON                               Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     92653                CA                           LAGUNA HILLS                             Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     93454                CA                           SANTA MARIA                              Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     33411                FL                         Royal Palm Beach                           Single Family                            9.7100                           0.5000            0.0000             0.0065              0.0000
     23832                VA                           Chesterfield                             Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     78217                TX                           San Antonio                               Condominium                            11.5000                           0.5000            0.0000             0.0065              0.0000
     83301                ID                            Twin Falls                              Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     55060                MN                             Owatonna                               Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     55060                MN                             Owatonna                               Single Family                           11.7100                           0.5000            0.0000             0.0065              0.0000
     90305                CA                            Inglewood                               Single Family                            7.1700                           0.5000            0.0000             0.0065              0.0000
     95973                CA                              Chico                                 Single Family                            8.4650                           0.5000            0.0000             0.0065              0.0000
     95973                CA                              Chico                                 Single Family                           12.5100                           0.5000            0.0000             0.0065              0.0000
     30034                GA                             DECATUR                                 Condominium                             8.5550                           0.5000            0.0000             0.0065              0.0000
     30034                GA                             DECATUR                                 Condominium                            12.8400                           0.5000            0.0000             0.0065              0.0000
     30263                GA                              NEWNAN                                     PUD                                 6.6250                           0.5000            0.0000             0.0065              0.0000
     30349                GA                           COLLEGE PARK                                  PUD                                 7.2500                           0.5000            0.0000             0.0065              0.0000
     30349                GA                           COLLEGE PARK                                  PUD                                10.5000                           0.5000            0.0000             0.0065              0.0000
     30213                GA                             FAIRBURN                                    PUD                                13.2750                           0.5000            0.0000             0.0065              0.0000
     30213                GA                             FAIRBURN                                    PUD                                 8.8000                           0.5000            0.0000             0.0065              0.0000
     30052                GA                            LOGANVILLE                              Single Family                           12.9750                           0.5000            0.0000             0.0065              0.0000
     30052                GA                            LOGANVILLE                                   PUD                                 8.4700                           0.5000            0.0000             0.0065              0.0000
     30331                GA                             ATLANTA                                     PUD                                 8.9000                           0.5000            0.0000             0.0065              0.0000
     30331                GA                             ATLANTA                                     PUD                                11.1850                           0.5000            0.0000             0.0065              0.0000
     30043                GA                          LAWRENCEVILLE                                  PUD                                 6.8750                           0.5000            0.0000             0.0065              0.0000
     30233                GA                             JACKSON                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     30252                GA                            MCDONOUGH                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     30252                GA                            MCDONOUGH                               Single Family                           13.2250                           0.5000            0.0000             0.0065              0.0000
     30252                GA                            MCDONOUGH                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     30252                GA                            MCDONOUGH                               Single Family                           12.7750                           0.5000            0.0000             0.0065              0.0000
     30157                GA                              DALLAS                                Single Family                            8.3650                           0.5000            0.0000             0.0065              0.0000
     30157                GA                              DALLAS                                Single Family                           12.2500                           0.5000            0.0000             0.0065              0.0000
     85041                AZ                             Phoenix                                Single Family                            9.8100                           0.5000            0.0000             0.0065              0.0000
     1590                 MA                              Sutton                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     22172                VA                             Triangle                                    PUD                                 7.8300                           0.5000            0.0000             0.0065              0.0000
     32819                FL                             Orlando                                 Condominium                             7.9900                           0.5000            0.0000             0.0065              0.0000
     32757                FL                            Mount Dora                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     7631                 NJ                            Englewood                               Single Family                            9.5200                           0.5000            0.0000             0.0065              0.0000
     46203                IN                           Indianapolis                             Single Family                            9.5100                           0.5000            0.0000             0.0065              0.0000
     98338                WA                              Graham                                Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     34286                FL                            North Port                              Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     89110                NV                            Las Vegas                               Single Family                            9.6900                           0.5000            0.0000             0.0065              0.0000
     33157                FL                              MIAMI                                 Single Family                            8.9750                           0.5000            0.0000             0.0065              0.0000
     72002                AR                            ALEXANDER                               Single Family                           11.6000                           0.5000            0.0000             0.0065              0.0000
     34714                FL                             CLERMONT                               Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     30314                GA                             ATLANTA                                Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     63031                MO                            FLORISSANT                              Single Family                           12.1500                           0.5000            0.0000             0.0065              0.0000
     19503                MS                             GULFPORT                               Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     77023                TX                             HOUSTON                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     75035                TX                              FRISCO                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     79762                TX                              ODESSA                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     63033                MO                            FLORISSANT                              Single Family                           12.1000                           0.5000            0.0000             0.0065              0.0000
     75034                TX                              FRISCO                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     89129                NV                            LAS VEGAS                               Single Family                           13.6000                           0.5000            0.0000             0.0065              0.0000
     76651                TX                              ITALY                                 Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     85239                AZ                             MARICOPA                               Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     28227                NC                            CHARLOTTE                               Single Family                           11.1000                           0.5000            0.0000             0.0065              0.0000
     44857                OH                             NORWALK                                Single Family                           11.6000                           0.5000            0.0000             0.0065              0.0000
     79703                TX                             MIDLAND                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     79701                TX                             MIDLAND                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     32254                FL                           JACKSONVILLE                             Single Family                           13.1500                           0.5000            0.0000             0.0065              0.0000
     53076                WI                            RICHFIELD                               Single Family                           13.1500                           0.5000            0.0000             0.0065              0.0000
     43461                OH                              TOLEDO                                Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     23703                VA                            PORTSMOUTH                              Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     23831                VA                             CHESTER                                Single Family                           12.1000                           0.5000            0.0000             0.0065              0.0000
     85374                AZ                             SURPRISE                               Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     85051                AZ                             PHOENIX                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     76052                TX                              HASLET                                Single Family                            9.9800                           0.5000            0.0000             0.0065              0.0000
     80030                CO                           WESTMINSTER                              Single Family                           11.6000                           0.5000            0.0000             0.0065              0.0000
     75080                TX                            RICHARDSON                               Condominium                            10.2500                           0.5000            0.0000             0.0065              0.0000
     74066                OK                             SAPULPA                                Single Family                           12.1000                           0.5000            0.0000             0.0065              0.0000
     49256                MI                             MORENCI                                Single Family                           12.1500                           0.5000            0.0000             0.0065              0.0000
     43567                OH                             WAUSEON                                Single Family                           12.1500                           0.5000            0.0000             0.0065              0.0000
     75042                TX                             GARLAND                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     72401                AR                            JONESBORO                               Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     32808                FL                             ORLANDO                                Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     85204                AZ                               MESA                                 Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     75019                TX                             COPPELL                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     85051                AZ                             PHOENIX                                Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     85326                AZ                             BUCKEYE                                Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     85353                AZ                             TOLLESON                               Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     75002                TX                              ALLEN                                 Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     32208                FL                           JACKSONVILLE                             Single Family                           12.6500                           0.5000            0.0000             0.0065              0.0000
     35750                AL                           HAZEL GREEN                              Single Family                           13.1000                           0.5000            0.0000             0.0065              0.0000
     77545                TX                              FRESNO                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     85345                AZ                              PEORIA                                Single Family                           13.1000                           0.5000            0.0000             0.0065              0.0000
     75034                TX                              FRISCO                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     77338                TX                              HUMBLE                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     98391                WA                              SUMNER                                Single Family                           11.6000                           0.5000            0.0000             0.0065              0.0000
     32034                FL                         FERNANDINA BEAC                            Single Family                           12.5500                           0.5000            0.0000             0.0065              0.0000
     86326                AZ                            COTTONWOOD                              Single Family                           13.6000                           0.5000            0.0000             0.0065              0.0000
     86322                AZ                            CAMP VERDE                              Single Family                           13.6000                           0.5000            0.0000             0.0065              0.0000
     28214                NC                            CHARLOTTE                               Single Family                           11.6000                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     70737                LA                             GONZALES                               Single Family                           12.6500                           0.5000            0.0000             0.0065              0.0000
     98208                WA                             EVERETT                                Single Family                           12.3000                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                           11.0500                           0.5000            0.0000             0.0065              0.0000
     85335                AZ                            EL MIRAGE                               Single Family                           13.6000                           0.5000            0.0000             0.0065              0.0000
     85009                AZ                             PHOENIX                                Single Family                           13.1000                           0.5000            0.0000             0.0065              0.0000
     85225                AZ                             CHANDLER                               Single Family                           13.1000                           0.5000            0.0000             0.0065              0.0000
     85204                AZ                               MESA                                 Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     85201                AZ                               MESA                                 Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     85323                AZ                             AVONDALE                               Single Family                           13.1000                           0.5000            0.0000             0.0065              0.0000
     75115                TX                              DESOTO                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     33218                FL                           JACKSONVILLE                             Single Family                           13.6000                           0.5000            0.0000             0.0065              0.0000
     71203                LA                              MONROE                                Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     32168                FL                         NEW SMYRNA BEAC                            Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     77031                TX                             HOUSTON                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     64130                MO                           KANSAS CITY                              Single Family                           11.3800                           0.5000            0.0000             0.0065              0.0000
     62025                IL                           EDWARDSVILLE                             Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     85033                AZ                             PHOENIX                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     44142                OH                            BROOKPARK                               Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     80107                CO                            ELIZABETH                               Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     85007                AZ                             PHOENIX                                Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     89129                NV                            LAS VEGAS                               Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     63122                MO                           SAINT LOUIS                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     39503                MS                             GULFPORT                               Single Family                            8.2100                           0.5000            0.0000             0.0065              0.0000
     38128                TN                             MEMPHIS                                Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     43452                OH                           PORT CLINTON                             Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     98037                WA                             LYNWOOD                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     76210                TX                              DENTON                                Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     48505                MI                              FLINT                                 Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     63135                MO                           SAINT LOUIS                              Single Family                            9.5800                           0.5000            0.0000             0.0065              0.0000
     92344                CA                             HESPERIA                               Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     48224                MI                             DETROIT                                Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     43605                OH                              TOLEDO                                Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     87120                NM                           ALBUQUERQUE                              Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     78840                TX                             DEL RIO                                Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     75126                TX                              FORNEY                                     PUD                                 9.5500                           0.5000            0.0000             0.0065              0.0000
     70815                LA                           BATON ROUGE                              Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     63031                MO                            FLORISSANT                              Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     64130                MO                           KANSAS CITY                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     85031                AZ                             PHOENIX                                Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     89129                NV                            LAS VEGAS                               Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     71603                AR                            PINE BLUFF                               2-4 Family                              9.4300                           0.5000            0.0000             0.0065              0.0000
     44134                OH                              PARMA                                 Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     33569                FL                            RIVERVIEW                                Condominium                             9.3500                           0.5000            0.0000             0.0065              0.0000
     76651                TX                              ITALY                                 Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     66013                KS                             BUCYRUS                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     73771                OK                              WAKITA                                Single Family                           10.3300                           0.5000            0.0000             0.0065              0.0000
     79705                TX                             MIDLAND                                Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     80219                CO                              DENVER                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     85239                AZ                             MARICOPA                               Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     75228                TX                              DALLAS                                Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     28227                NC                            CHARLOTTE                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     77095                TX                             HOUSTON                                Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     63088                MO                           VALLEY PARK                              Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     33823                FL                            AUBURNDALE                              Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     79705                TX                             MIDLAND                                Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     23227                VA                             RICHMOND                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     75146                TX                            LANCASTER                               Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     36264                AL                              HEFLIN                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     23324                VA                            CHESAPEAKE                              Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     66006                KS                           BALDWIN CITY                             Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     43461                OH                              TOLEDO                                Single Family                            7.2800                           0.5000            0.0000             0.0065              0.0000
     38801                MS                              TUPELO                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     75114                TX                             CRANDALL                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     76014                TX                            ARLINGTON                               Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     46205                IN                           INDIANAPOLIS                             Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     37127                TN                           MURFREESBORO                             Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     21632                MD                           FEDERALSBURG                             Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     80120                CO                            LITTLETON                               Single Family                            9.5800                           0.5000            0.0000             0.0065              0.0000
     76052                TX                              HASLET                                Single Family                            7.1900                           0.5000            0.0000             0.0065              0.0000
     80030                CO                           WESTMINSTER                              Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     75080                TX                            RICHARDSON                               Condominium                             8.4000                           0.5000            0.0000             0.0065              0.0000
     74066                OK                             SAPULPA                                Single Family                            8.9100                           0.5000            0.0000             0.0065              0.0000
     79924                TX                             EL PASO                                Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     80219                CO                              DENVER                                Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     89148                NV                            LAS VEGAS                                    PUD                                 8.7850                           0.5000            0.0000             0.0065              0.0000
     30080                GA                              SMYRNA                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     74361                OK                              PRYOR                                 Single Family                           11.8500                           0.5000            0.0000             0.0065              0.0000
     85304                AZ                             GLENDALE                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     78046                TX                              LAREDO                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     33770                FL                              LARGO                                 Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     75042                TX                             GARLAND                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     51503                IA                          COUNCIL BLUFFS                            Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     32703                FL                              APOPKA                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     77433                TX                             CYPRESS                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     76711                TX                               WACO                                 Single Family                           10.1200                           0.5000            0.0000             0.0065              0.0000
     75227                TX                              DALLAS                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     76401                TX                           STEPHENVILLE                             Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     72401                AR                            JONESBORO                               Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     44718                OH                              CANTON                                Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     35773                AL                              TONEY                                 Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     63136                MO                           SAINT LOUIS                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     32808                FL                             ORLANDO                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     75189                TX                            ROYSE CITY                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     85027                AZ                             PHOENIX                                Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     33311                FL                            LAUDERHILL                              Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     75019                TX                             COPPELL                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     20748                MD                           TEMPLE HILLS                             Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     38901                MS                             GRENADA                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     33594                FL                             VALRICO                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     85326                AZ                             BUCKEYE                                Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     80022                CO                          COMMERCE CITY                             Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     75701                TX                              TYLER                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     85353                AZ                             TOLLESON                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     75002                TX                              ALLEN                                 Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     78577                TX                              PHARR                                 Single Family                            9.7250                           0.5000            0.0000             0.0065              0.0000
     30360                GA                             ATLANTA                                Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     32208                FL                           JACKSONVILLE                             Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     35750                AL                           HAZEL GREEN                              Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     55449                MN                           MINNEAPOLIS                              Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     75116                TX                           DUNCANVILLE                              Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     38016                TN                             MEMPHIS                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     66213                KS                          OVERLAND PARK                             Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     85019                AZ                             PHONEIX                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     78504                TX                             MCALLEN                                Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     98271                WA                            MARYSVILLE                              Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     85031                AZ                             PHOENIX                                Single Family                            6.8000                           0.5000            0.0000             0.0065              0.0000
     77545                TX                              FRESNO                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     85037                AZ                             PHOENIX                                Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     85345                AZ                              PEORIA                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     75034                TX                              FRISCO                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     78247                TX                           SAN ANTONIO                              Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     77338                TX                              HUMBLE                                Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     75248                TX                              DALLAS                                Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     98033                WA                             KIRKLAND                               Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     98391                WA                              SUMNER                                Single Family                            7.6200                           0.5000            0.0000             0.0065              0.0000
     77494                TX                               KATY                                 Single Family                            7.3000                           0.5000            0.0000             0.0065              0.0000
     63109                MO                           SAINT LOUIS                              Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     86326                AZ                            COTTONWOOD                              Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     98053                WA                             REDMOND                                Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     98118                WA                             SEATTLE                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     86322                AZ                            CAMP VERDE                              Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     28214                NC                            CHARLOTTE                               Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     87571                NM                               TAOS                                 Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     81005                CO                              PUEBLO                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     80204                CO                              DENVER                                Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     98230                WA                              BLAINE                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     80920                CO                         COLORADO SPRING                            Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     70737                LA                             GONZALES                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     74017                OK                            CLAREMORE                               Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     98208                WA                             EVERETT                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     85053                AZ                             PHOENIX                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     85017                AZ                             PHOENIX                                Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     78046                TX                              LAREDO                                Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     23223                VA                             RICHMOND                               Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     32207                FL                           JACKSONVILLE                             Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     70812                LA                           BATON ROUGE                              Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     98004                WA                             BELLEVUE                                Condominium                             7.0000                           0.5000            0.0000             0.0065              0.0000
     85035                AZ                             PHOENIX                                Single Family                            6.9000                           0.5000            0.0000             0.0065              0.0000
     80921                CO                         COLORADO SPRING                            Single Family                            7.4500                           0.5000            0.0000             0.0065              0.0000
     42724                KY                             CECILIA                                Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     20646                MD                             LA PLATA                               Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     78045                TX                              LAREDO                                Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     80234                CO                           WESTMINSTER                               Condominium                             7.4500                           0.5000            0.0000             0.0065              0.0000
     98043                WA                         MOUNTLAKE TERRA                             Condominium                             7.9000                           0.5000            0.0000             0.0065              0.0000
     63130                MO                           SAINT LOUIS                              Single Family                            7.3000                           0.5000            0.0000             0.0065              0.0000
     54944                WI                           HORTONVILLE                              Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     75227                TX                              DALLAS                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     39553                MS                             GAUTIER                                Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     60430                IL                             HOMEWOOD                               Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     34759                FL                            KISSIMMEE                               Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     85335                AZ                            EL MIRAGE                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     85006                AZ                             PHOENIX                                Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     85009                AZ                             PHOENIX                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     85037                AZ                             PHOENIX                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     73069                OK                              NORMAN                                Single Family                           10.9000                           0.5000            0.0000             0.0065              0.0000
     85225                AZ                             CHANDLER                               Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     85204                AZ                               MESA                                 Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     37115                TN                             MADISON                                Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     85201                AZ                               MESA                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     76008                TX                              ALEDO                                 Single Family                            8.5400                           0.5000            0.0000             0.0065              0.0000
     85242                AZ                           QUEEN CREEK                                   PUD                                 7.3500                           0.5000            0.0000             0.0065              0.0000
     60103                IL                             BARTLETT                               Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     47102                IN                              AUSTIN                                Single Family                           11.1000                           0.5000            0.0000             0.0065              0.0000
     70769                LA                           PRAIRIEVILLE                             Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     63133                MO                           SAINT LOUIS                              Single Family                            8.5250                           0.5000            0.0000             0.0065              0.0000
     32805                FL                             ORLANDO                                Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     85043                AZ                             PHOENIX                                Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     85301                AZ                             GLENDALE                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     89121                NV                            LAS VEGAS                               Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     85323                AZ                             AVONDALE                               Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     98252                WA                          GRANITE FALLS                             Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     98011                WA                             BOTHELL                                 Condominium                             8.7500                           0.5000            0.0000             0.0065              0.0000
     75115                TX                              DESOTO                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     73118                OK                          OKLAHOMA CITY                             Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     33324                FL                            PLANTATION                              Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     85033                AZ                             PHOENIX                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     98037                WA                             LYNNWOOD                               Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     23225                VA                             RICHMOND                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     98371                WA                             EDGEWOOD                               Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     64131                MO                           KANSAS CITY                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     53143                WI                             KENOSHA                                 2-4 Family                              9.5500                           0.5000            0.0000             0.0065              0.0000
     85345                AZ                              PEORIA                                Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     78250                TX                           SAN ANTONIO                              Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     60429                IL                           HAZEL CREST                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     63136                MO                           SAINT LOUIS                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     77396                TX                              HUMBLE                                     PUD                                 8.4900                           0.5000            0.0000             0.0065              0.0000
     62401                IL                            EFFINGHAM                               Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     33218                FL                           JACKSONVILLE                             Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     67016                KS                             BENTLEY                                Single Family                            8.6800                           0.5000            0.0000             0.0065              0.0000
     73099                OK                              YUKON                                 Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     80904                CO                         COLORADO SPRING                            Single Family                            9.9000                           0.5000            0.0000             0.0065              0.0000
     80525                CO                           FORT COLLINS                             Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     85204                AZ                               MESA                                 Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     98032                WA                               KENT                                  Condominium                             7.3500                           0.5000            0.0000             0.0065              0.0000
     70578                LA                              RAYNE                                 Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     71203                LA                              MONROE                                Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     85308                AZ                             Glendale                                    PUD                                 8.5700                           0.5000            0.0000             0.0065              0.0000
     48237                MI                             Oak Park                               Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     30165                GA                               Rome                                 Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     77071                TX                             HOUSTON                                     PUD                                10.9600                           0.5000            0.0000             0.0065              0.0000
     89121                NV                            Las Vegas                               Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     84111                UT                          Salt Lake City                            Single Family                           10.5900                           0.5000            0.0000             0.0065              0.0000
     32807                FL                             Orlando                                     PUD                                 8.9500                           0.5000            0.0000             0.0065              0.0000
     32807                FL                             Orlando                                     PUD                                11.5000                           0.5000            0.0000             0.0065              0.0000
     55025                MN                           Forest Lake                              Single Family                            8.4950                           0.5000            0.0000             0.0065              0.0000
     95376                CA                              Tracy                                 Single Family                            9.8450                           0.5000            0.0000             0.0065              0.0000
     33033                FL                            Homestead                                    PUD                                 9.1500                           0.5000            0.0000             0.0065              0.0000
     33033                FL                            Homestead                                    PUD                                13.1000                           0.5000            0.0000             0.0065              0.0000
     56353                MN                              MILACA                                Single Family                            8.1200                           0.5000            0.0000             0.0065              0.0000
     62002                IL                              Alton                                 Single Family                            7.7250                           0.5000            0.0000             0.0065              0.0000
     8690                 NJ                             Hamilton                                Condominium                             9.9000                           0.5000            0.0000             0.0065              0.0000
     62002                IL                              Alton                                 Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     89703                NV                           Carson City                                   PUD                                 9.2500                           0.5000            0.0000             0.0065              0.0000
     92324                CA                              Colton                                     PUD                                 7.6900                           0.5000            0.0000             0.0065              0.0000
     92324                CA                              Colton                                Single Family                           12.3750                           0.5000            0.0000             0.0065              0.0000
     11798                NY                            Wyandanch                               Single Family                            8.8050                           0.5000            0.0000             0.0065              0.0000
     53128                WI                            Genoa City                              Single Family                            9.9400                           0.5000            0.0000             0.0065              0.0000
     63137                MO                            St. Louis                               Single Family                            7.8300                           0.5000            0.0000             0.0065              0.0000
     63137                MO                            St. Louis                               Single Family                           12.4900                           0.5000            0.0000             0.0065              0.0000
     63304                MO                          Saint Charles                             Single Family                           10.3050                           0.5000            0.0000             0.0065              0.0000
     55021                MN                            Faribault                               Single Family                            7.8400                           0.5000            0.0000             0.0065              0.0000
     93505                CA                            CALIF CITY                              Single Family                            9.7900                           0.5000            0.0000             0.0065              0.0000
     48883                MI                             Shepherd                               Single Family                            6.9800                           0.5000            0.0000             0.0065              0.0000
     93620                CA                            Dos Palos                               Single Family                            9.2750                           0.5000            0.0000             0.0065              0.0000
     8055                 NJ                             Medford                                Single Family                            9.2700                           0.5000            0.0000             0.0065              0.0000
     33404                CO                         WEST PALM BEACH                            Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     23356                VA                          GREENBACKVILLE                                 PUD                                 9.0000                           0.5000            0.0000             0.0065              0.0000
     23356                VA                          GREENBACKVILLE                                 PUD                                13.7500                           0.5000            0.0000             0.0065              0.0000
     92277                CA                          Twentynin Plm                             Single Family                            9.8250                           0.5000            0.0000             0.0065              0.0000
     33322                FL                             SUNRISE                                Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     33971                FL                           LEHIGH ACRES                                  PUD                                 7.8750                           0.5000            0.0000             0.0065              0.0000
     60104                IL                             BELLWOOD                                Condominium                             7.8750                           0.5000            0.0000             0.0065              0.0000
     48021                MI                            EASTPOINTE                              Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     21217                MD                            BALTIMORE                                2-4 Family                              7.7500                           0.5000            0.0000             0.0065              0.0000
     23860                VA                             HOPEWELL                               Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     48854                MI                              MASON                                 Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     54479                WI                             SPENCER                                Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     43920                OH                          EAST LIVERPOOL                            Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     33830                FL                              BARTOW                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     46186                IN                            WILKINSON                               Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     48886                MI                            SIX LAKES                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     33707                FL                             GULFPORT                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     49507                MI                           GRAND RAPIDS                             Single Family                            9.9800                           0.5000            0.0000             0.0065              0.0000
     15537                PA                             EVERETT                                Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     19148                PA                           PHILADELPHIA                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     15445                PA                             HOPWOOD                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     48134                MI                            FLAT ROCK                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     89110                NV                            LAS VEGAS                                    PUD                                 9.1200                           0.5000            0.0000             0.0065              0.0000
     34746                FL                            KISSIMMEE                               Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     49841                MI                              GWINN                                 Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     95632                CA                               GALT                                 Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     85209                AZ                               MESA                                      PUD                                 8.9900                           0.5000            0.0000             0.0065              0.0000
     89074                NV                            HENDERSON                                    PUD                                 6.2500                           0.5000            0.0000             0.0065              0.0000
     85322                AZ                            ARLINGTON                               Single Family                            8.2560                           0.5000            0.0000             0.0065              0.0000
     86322                AZ                            CAMP VERDE                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     49442                MI                             MUSKEGON                               Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     89031                NV                         NORTH LAS VEGAS                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     20657                MD                              LUSBY                                      PUD                                10.6250                           0.5000            0.0000             0.0065              0.0000
     32935                FL                            MELBOURNE                               Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     29372                SC                             PACOLET                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     49733                MI                             FREDERIC                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     92114                CA                            SAN DIEGO                               Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     85020                AZ                             PHOENIX                                 2-4 Family                              9.5000                           0.5000            0.0000             0.0065              0.0000
     32218                FL                           JACKSONVILLE                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     49001                MI                            KALAMAZOO                               Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     46237                IN                           INDIANAPOLIS                             Single Family                           11.1250                           0.5000            0.0000             0.0065              0.0000
     46218                IN                           INDIANAPOLIS                             Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     46241                IN                           INDIANAPOLIS                             Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     46140                IN                            GREENFIELD                              Single Family                           11.1250                           0.5000            0.0000             0.0065              0.0000
     46974                IN                              ROANN                                 Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     85706                AZ                              TUCSON                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     47456                IN                              QUINCY                                Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     45011                OH                             HAMILTON                               Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     85351                AZ                             Sun City                                Condominium                             7.9200                           0.5000            0.0000             0.0065              0.0000
     32084                FL                         Saint Augustine                            Single Family                            9.8700                           0.5000            0.0000             0.0065              0.0000
     46205                IN                           Indianapolis                             Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     92584                CA                             Menifee                                Single Family                            8.4800                           0.5000            0.0000             0.0065              0.0000
     92584                CA                             Menifee                                Single Family                           12.2500                           0.5000            0.0000             0.0065              0.0000
     76048                TX                             GRANBURY                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     43228                OH                             Columbus                                    PUD                                 9.2500                           0.5000            0.0000             0.0065              0.0000
     93552                CA                             PALMDALE                                    PUD                                 7.8400                           0.5000            0.0000             0.0065              0.0000
     93552                CA                             PALMDALE                                    PUD                                12.4200                           0.5000            0.0000             0.0065              0.0000
     33324                FL                            Plantation                               Condominium                             7.4500                           0.5000            0.0000             0.0065              0.0000
     32744                FL                            Lake Helen                              Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     90723                CA                            PARAMOUNT                                2-4 Family                              7.7500                           0.5000            0.0000             0.0065              0.0000
     92376                CA                              RIALTO                                Single Family                           12.1500                           0.5000            0.0000             0.0065              0.0000
     63110                MO                           SAINT LOUIS                              Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     32958                FL                            Sebastian                               Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     89104                NV                            Las Vegas                               Single Family                           10.0370                           0.5000            0.0000             0.0065              0.0000
     40229                KY                            Louisville                              Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     40229                KY                            Louisville                              Single Family                           13.6000                           0.5000            0.0000             0.0065              0.0000
     22204                VA                            ARLINGTON                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     93274                CA                              TULARE                                Single Family                            7.4500                           0.5000            0.0000             0.0065              0.0000
     55304                MN                             Andover                                Single Family                            7.4050                           0.5000            0.0000             0.0065              0.0000
     55304                MN                             Andover                                Single Family                           12.1150                           0.5000            0.0000             0.0065              0.0000
     2886                 RI                             Warwick                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     85353                AZ                             Tolleson                                    PUD                                 7.3950                           0.5000            0.0000             0.0065              0.0000
     2886                 RI                             Warwick                                Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     32209                FL                           JACKSONVILLE                             Single Family                           12.1400                           0.5000            0.0000             0.0065              0.0000
     33125                FL                              Miami                                  2-4 Family                              8.2000                           0.5000            0.0000             0.0065              0.0000
     34475                FL                              Ocala                                 Single Family                           11.6000                           0.5000            0.0000             0.0065              0.0000
     73119                OK                          Oklahoma City                             Single Family                           10.0750                           0.5000            0.0000             0.0065              0.0000
     34711                FL                             Clermont                                    PUD                                 8.1250                           0.5000            0.0000             0.0065              0.0000
     34711                FL                             Clermont                                    PUD                                12.1250                           0.5000            0.0000             0.0065              0.0000
     97478                OR                           Springfield                              Single Family                            8.9100                           0.5000            0.0000             0.0065              0.0000
     43334                OH                             Marengo                                Single Family                            8.6130                           0.5000            0.0000             0.0065              0.0000
     97045                OR                           Oregon City                              Single Family                            8.4750                           0.5000            0.0000             0.0065              0.0000
     95670                CA                          RANCHO CORDOVA                            Single Family                            7.4200                           0.5000            0.0000             0.0065              0.0000
     33054                FL                            Opa Locka                                2-4 Family                              9.0400                           0.5000            0.0000             0.0065              0.0000
     23831                VA                             Chester                                Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     33054                FL                            Opa Locka                                2-4 Family                             12.4200                           0.5000            0.0000             0.0065              0.0000
     30305                GA                             Atlanta                                Single Family                            9.7750                           0.5000            0.0000             0.0065              0.0000
     30224                GA                             Griffin                                Single Family                            8.6900                           0.5000            0.0000             0.0065              0.0000
     30252                GA                            Mcdonough                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     33566                FL                            PLANT CITY                                   PUD                                 7.9300                           0.5000            0.0000             0.0065              0.0000
     33071                FL                          CORAL SPRINGS                              Condominium                             7.8300                           0.5000            0.0000             0.0065              0.0000
     33071                FL                          CORAL SPRINGS                              Condominium                            12.6700                           0.5000            0.0000             0.0065              0.0000
     85335                AZ                            El Mirage                               Single Family                            7.8800                           0.5000            0.0000             0.0065              0.0000
     8234                 NJ                       Egg Harbor Township                          Single Family                           12.6700                           0.5000            0.0000             0.0065              0.0000
     64501                MO                           Saint Joseph                             Single Family                            7.7400                           0.5000            0.0000             0.0065              0.0000
     64501                MO                           Saint Joseph                             Single Family                           11.0500                           0.5000            0.0000             0.0065              0.0000
     85009                AZ                             Phoenix                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     33570                FL                              Ruskin                                     PUD                                 8.4300                           0.5000            0.0000             0.0065              0.0000
     33570                FL                              Ruskin                                     PUD                                12.0450                           0.5000            0.0000             0.0065              0.0000
     85338                AZ                             Goodyear                               Single Family                           11.3950                           0.5000            0.0000             0.0065              0.0000
     33319                FL                         Lauderdale Lakes                           Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     33319                FL                         Lauderdale Lakes                           Single Family                           11.4000                           0.5000            0.0000             0.0065              0.0000
     43147                OH                           Pickerington                             Single Family                            9.2800                           0.5000            0.0000             0.0065              0.0000
     43147                OH                           Pickerington                             Single Family                           12.7200                           0.5000            0.0000             0.0065              0.0000
     75056                TX                            Lewisville                              Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     75056                TX                            Lewisville                              Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     45406                OH                              Dayton                                Single Family                            9.4600                           0.5000            0.0000             0.0065              0.0000
     97918                OR                               Vale                                 Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     29681                SC                           Simpsonville                             Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     29681                SC                           Simpsonville                             Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     97008                OR                            Beaverton                               Single Family                           10.8500                           0.5000            0.0000             0.0065              0.0000
     30263                GA                              Newnan                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     85250                AZ                            Scottsdale                                   PUD                                 8.4600                           0.5000            0.0000             0.0065              0.0000
     33431                FL                            Boca Raton                                   PUD                                10.7000                           0.5000            0.0000             0.0065              0.0000
     7750                 NJ                          MONMOUTH BEACH                             Condominium                             7.6700                           0.5000            0.0000             0.0065              0.0000
     11096                NY                              INWOOD                                 2-4 Family                              7.0050                           0.5000            0.0000             0.0065              0.0000
     11096                NY                              INWOOD                                 2-4 Family                             11.5000                           0.5000            0.0000             0.0065              0.0000
     6082                 CT                             ENFIELD                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     12566                NY                            PINE BUSH                               Single Family                            6.8000                           0.5000            0.0000             0.0065              0.0000
     12566                NY                            PINE BUSH                               Single Family                           11.8450                           0.5000            0.0000             0.0065              0.0000
     11207                NY                             BROOKLYN                                2-4 Family                              9.2500                           0.5000            0.0000             0.0065              0.0000
     11207                NY                             BROOKLYN                                2-4 Family                             12.3950                           0.5000            0.0000             0.0065              0.0000
     34119                FL                              NAPLES                                 Condominium                            13.0000                           0.5000            0.0000             0.0065              0.0000
     34119                FL                              NAPLES                                 Condominium                            13.0000                           0.5000            0.0000             0.0065              0.0000
     8009                 NJ                              BERLIN                                Single Family                            6.5000                           0.5000            0.0000             0.0065              0.0000
     11416                NY                            OZONE PARK                               2-4 Family                              8.5000                           0.5000            0.0000             0.0065              0.0000
     11355                NY                             FLUSHING                               Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     8054                 NJ                           MOUNT LAUREL                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     8054                 NJ                           MOUNT LAUREL                             Single Family                           12.3500                           0.5000            0.0000             0.0065              0.0000
     11701                NY                            AMITYVILLE                              Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     11701                NY                            AMITYVILLE                              Single Family                           11.6500                           0.5000            0.0000             0.0065              0.0000
     20602                MD                             WALDORF                                Single Family                            7.9250                           0.5000            0.0000             0.0065              0.0000
     11422                NY                             ROSEDALE                                2-4 Family                              8.3500                           0.5000            0.0000             0.0065              0.0000
     28546                NC                           JACKSONVILLE                             Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     11434                NY                             JAMAICA                                 2-4 Family                              7.6250                           0.5000            0.0000             0.0065              0.0000
     33972                FL                           LEHIGH ACRES                             Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     11221                NY                             BROOKLYN                                2-4 Family                              6.9900                           0.5000            0.0000             0.0065              0.0000
     1609                 MA                            WORCESTER                                Condominium                             8.6750                           0.5000            0.0000             0.0065              0.0000
     1609                 MA                            WORCESTER                                Condominium                            11.9000                           0.5000            0.0000             0.0065              0.0000
     30349                GA                           COLLEGE PARK                             Single Family                            8.0550                           0.5000            0.0000             0.0065              0.0000
     30349                GA                           COLLEGE PARK                             Single Family                           12.2150                           0.5000            0.0000             0.0065              0.0000
     30011                GA                              AUBURN                                     PUD                                 7.7650                           0.5000            0.0000             0.0065              0.0000
     30011                GA                              AUBURN                                     PUD                                12.0250                           0.5000            0.0000             0.0065              0.0000
     30039                GA                            SNELLVILLE                                   PUD                                10.2100                           0.5000            0.0000             0.0065              0.0000
     30213                GA                             FAIRBURN                                    PUD                                10.4600                           0.5000            0.0000             0.0065              0.0000
     30012                GA                             CONYERS                                     PUD                                 8.0000                           0.5000            0.0000             0.0065              0.0000
     30012                GA                             CONYERS                                     PUD                                13.2250                           0.5000            0.0000             0.0065              0.0000
     30238                GA                            JONESBORO                                    PUD                                 7.5300                           0.5000            0.0000             0.0065              0.0000
     30238                GA                            JONESBORO                                    PUD                                11.7200                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                                  PUD                                 9.6150                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                                  PUD                                12.5950                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                                  PUD                                 8.8750                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                                  PUD                                13.2250                           0.5000            0.0000             0.0065              0.0000
     30016                GA                            COVINGTON                                    PUD                                 8.9400                           0.5000            0.0000             0.0065              0.0000
     30016                GA                            COVINGTON                                    PUD                                12.5450                           0.5000            0.0000             0.0065              0.0000
     30093                GA                             NORCROSS                                    PUD                                10.8650                           0.5000            0.0000             0.0065              0.0000
     30296                GA                            RIVERDALE                                    PUD                                 9.6900                           0.5000            0.0000             0.0065              0.0000
     30296                GA                            RIVERDALE                                    PUD                                12.6700                           0.5000            0.0000             0.0065              0.0000
     30067                GA                             MARIETTA                                Condominium                             8.3750                           0.5000            0.0000             0.0065              0.0000
     30067                GA                             MARIETTA                                Condominium                            13.3500                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                                  PUD                                 7.8750                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                                  PUD                                11.8750                           0.5000            0.0000             0.0065              0.0000
     30121                GA                           CARTERSVILLE                             Single Family                            8.5650                           0.5000            0.0000             0.0065              0.0000
     30121                GA                           CARTERSVILLE                             Single Family                           12.0750                           0.5000            0.0000             0.0065              0.0000
     30093                GA                             NORCROSS                                    PUD                                12.5950                           0.5000            0.0000             0.0065              0.0000
     30093                GA                             NORCROSS                               Single Family                           10.5800                           0.5000            0.0000             0.0065              0.0000
     33417                FL                         West Palm Beach                             Condominium                             9.2750                           0.5000            0.0000             0.0065              0.0000
     30058                GA                             Lithonia                               Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     29554                SC                            Hemingway                               Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     6451                 CT                             Meriden                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     54812                WI                              BARRON                                Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     33605                FL                              TAMPA                                 Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     33605                FL                              TAMPA                                 Single Family                           11.5500                           0.5000            0.0000             0.0065              0.0000
     32046                FL                             Hilliard                               Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     32046                FL                             Hilliard                               Single Family                           12.7500                           0.5000            0.0000             0.0065              0.0000
     61032                IL                             FREEPORT                               Single Family                           10.0400                           0.5000            0.0000             0.0065              0.0000
     18702                PA                           Wilkes Barre                              2-4 Family                              8.9400                           0.5000            0.0000             0.0065              0.0000
     65803                MO                           Springfield                              Single Family                           11.5000                           0.5000            0.0000             0.0065              0.0000
     46236                IN                           Indianapolis                             Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     33541                FL                           Zephyrhills                              Single Family                           11.8000                           0.5000            0.0000             0.0065              0.0000
     66062                KS                              Olathe                                Single Family                           10.4900                           0.5000            0.0000             0.0065              0.0000
     18508                PA                             Scranton                               Single Family                           11.2400                           0.5000            0.0000             0.0065              0.0000
     85021                AZ                             Phoenix                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     80003                CO                              Arvada                                Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     30349                GA                           College Park                             Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             Detroit                                Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     53115                WI                             Delavan                                Single Family                           10.3000                           0.5000            0.0000             0.0065              0.0000
     30045                GA                          Lawrenceville                                  PUD                                 9.8500                           0.5000            0.0000             0.0065              0.0000
     41543                KY                            Mc Andrews                              Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     18447                PA                             Olyphant                               Single Family                           12.2000                           0.5000            0.0000             0.0065              0.0000
     45373                OH                               Troy                                 Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     45373                OH                               Troy                                 Single Family                           12.7000                           0.5000            0.0000             0.0065              0.0000
     90044                CA                           Los Angeles                              Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     65686                MO                         Kimberling City                                 PUD                                 9.5000                           0.5000            0.0000             0.0065              0.0000
     65686                MO                         Kimberling City                                 PUD                                11.7000                           0.5000            0.0000             0.0065              0.0000
     63111                MO                           Saint Louis                              Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            Lancaster                               Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     85338                AZ                             Goodyear                                    PUD                                 9.1500                           0.5000            0.0000             0.0065              0.0000
     96002                CA                             Redding                                Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     95355                CA                             Modesto                                Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     92530                CA                          Lake Elsinore                             Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     8046                 NJ                           Willingboro                              Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     33563                FL                            Plant City                              Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     33563                FL                            Plant City                              Single Family                           12.6000                           0.5000            0.0000             0.0065              0.0000
     80112                CO                            CENTENNIAL                                   PUD                                 8.0500                           0.5000            0.0000             0.0065              0.0000
     70634                LA                             Deridder                               Single Family                            9.2750                           0.5000            0.0000             0.0065              0.0000
     92808                CA                             ANAHEIM                                 Condominium                             8.9000                           0.5000            0.0000             0.0065              0.0000
     92335                CA                           FONTANA AREA                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     97007                OR                            BEAVERTON                               Single Family                            8.4750                           0.5000            0.0000             0.0065              0.0000
     99901                AK                            KETCHIKAN                               Single Family                            9.7400                           0.5000            0.0000             0.0065              0.0000
     99654                AK                             WASILLA                                 2-4 Family                              8.5500                           0.5000            0.0000             0.0065              0.0000
     99654                AK                             WASILLA                                 2-4 Family                             11.8000                           0.5000            0.0000             0.0065              0.0000
     85375                AZ                          SUN CITY WEST                             Single Family                           11.1000                           0.5000            0.0000             0.0065              0.0000
     85705                AZ                              TUCSON                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     84044                UT                              MAGNA                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     84044                UT                              MAGNA                                 Single Family                           11.9500                           0.5000            0.0000             0.0065              0.0000
     76522                TX                          COPPERAS COVE                             Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     76522                TX                          COPPERAS COVE                             Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     74501                OK                            MCALESTER                               Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     74501                OK                            MCALESTER                               Single Family                           11.8000                           0.5000            0.0000             0.0065              0.0000
     74127                OK                              TULSA                                 Single Family                            9.9250                           0.5000            0.0000             0.0065              0.0000
     74501                OK                            MCALESTER                               Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     74501                OK                            MCALESTER                               Single Family                           12.3000                           0.5000            0.0000             0.0065              0.0000
     64151                MO                           KANSAS CITY                              Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     64151                MO                           KANSAS CITY                              Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     35480                AL                              RALPH                                 Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     35480                AL                              RALPH                                 Single Family                           11.7000                           0.5000            0.0000             0.0065              0.0000
     36303                AL                              DOTHAN                                Single Family                           10.9000                           0.5000            0.0000             0.0065              0.0000
     37615                TN                               GRAY                                 Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     37615                TN                               GRAY                                 Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     72744                AR                             LINCOLN                                Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     72744                AR                             LINCOLN                                Single Family                           12.5500                           0.5000            0.0000             0.0065              0.0000
     55920                MN                              BYRON                                 Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     55920                MN                              BYRON                                 Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     55104                MN                            SAINT PAUL                              Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     55104                MN                            SAINT PAUL                              Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     2920                 RI                             CRANSTON                               Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     2909                 RI                            PROVIDENCE                               2-4 Family                              9.7000                           0.5000            0.0000             0.0065              0.0000
     2818                 RI                          EAST GREENWICH                            Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     10701                NY                             YONKERS                                 Condominium                             8.1750                           0.5000            0.0000             0.0065              0.0000
     10701                NY                             YONKERS                                 Condominium                            12.0500                           0.5000            0.0000             0.0065              0.0000
     11207                NY                             BROOKLYN                                2-4 Family                              9.3000                           0.5000            0.0000             0.0065              0.0000
     11207                NY                             BROOKLYN                                2-4 Family                             12.2000                           0.5000            0.0000             0.0065              0.0000
     19125                PA                           PHILADELPHIA                             Single Family                           11.4000                           0.5000            0.0000             0.0065              0.0000
     19050                PA                            LANSDOWNE                               Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     18610                PA                            BLAKESLEE                               Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     43952                OH                           STEUBENVILLE                             Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     44446                OH                              NILES                                  2-4 Family                              8.6000                           0.5000            0.0000             0.0065              0.0000
     44446                OH                              NILES                                  2-4 Family                             12.7000                           0.5000            0.0000             0.0065              0.0000
     8085                 NJ                         WOOLWICH TOWNSH                            Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     32073                FL                           ORANGE PARK                              Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     33404                FL                          RIVIERA BEACH                             Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     34986                FL                         PORT SAINT LUCI                            Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     34986                FL                         PORT SAINT LUCI                            Single Family                           12.3000                           0.5000            0.0000             0.0065              0.0000
     33914                FL                            CAPE CORAL                              Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     34608                FL                           SPRING HILL                              Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     27615                NC                             RALEIGH                                Single Family                           11.0500                           0.5000            0.0000             0.0065              0.0000
     20020                DC                            WASHINGTON                              Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     86413                AZ                          Golden Valley                             Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     86413                AZ                          Golden Valley                             Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     21136                MD                           Reisterstown                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     21136                MD                           Reisterstown                             Single Family                           10.7000                           0.5000            0.0000             0.0065              0.0000
     34104                FL                              Naples                                Single Family                           10.9250                           0.5000            0.0000             0.0065              0.0000
     43068                OH                           Reynoldsburg                             Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     44052                OH                              Lorain                                Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     44314                OH                              Akron                                 Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     98465                WA                              Tacoma                                Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     44055                OH                              Lorain                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     19116                PA                           Philadelphia                             Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     45410                OH                              Dayton                                Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     45410                OH                              Dayton                                Single Family                           12.4900                           0.5000            0.0000             0.0065              0.0000
     43609                OH                              Toledo                                Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     46835                IN                            Fort Wayne                              Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     46703                IN                              Angola                                Single Family                            9.2400                           0.5000            0.0000             0.0065              0.0000
     33896                FL                            DAVENPORT                                    PUD                                 8.0200                           0.5000            0.0000             0.0065              0.0000
     30040                GA                             Cumming                                     PUD                                 8.0500                           0.5000            0.0000             0.0065              0.0000
     33709                FL                         Saint Petersburg                           Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     95660                CA                         North Highlands                            Single Family                            8.4250                           0.5000            0.0000             0.0065              0.0000
     33896                FL                            DAVENPORT                                    PUD                                11.7000                           0.5000            0.0000             0.0065              0.0000
     92277                CA                         Twentynine Palms                           Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     11420                NY                         SOUTH OZONE PARK                            2-4 Family                              8.9700                           0.5000            0.0000             0.0065              0.0000
     11420                NY                         SOUTH OZONE PARK                            2-4 Family                             11.9000                           0.5000            0.0000             0.0065              0.0000
     7017                 NJ                           EAST ORANGE                               2-4 Family                              8.5950                           0.5000            0.0000             0.0065              0.0000
     7017                 NJ                           EAST ORANGE                               2-4 Family                             11.6550                           0.5000            0.0000             0.0065              0.0000
     30286                GA                            Thomaston                               Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     22191                VA                            Woodbridge                              Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     18301                PA                         East Stroudsburg                                PUD                                 7.2500                           0.5000            0.0000             0.0065              0.0000
     18301                PA                         East Stroudsburg                                PUD                                11.8500                           0.5000            0.0000             0.0065              0.0000
     98902                WA                              Yakima                                Single Family                            8.2250                           0.5000            0.0000             0.0065              0.0000
     98902                WA                              Yakima                                Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     90280                CA                            South Gate                              Single Family                            8.9250                           0.5000            0.0000             0.0065              0.0000
     33030                FL                            HOMESTEAD                               Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     27893                NC                              WILSON                                Single Family                           10.0800                           0.5000            0.0000             0.0065              0.0000
     89110                NV                            Las Vegas                               Single Family                            7.3380                           0.5000            0.0000             0.0065              0.0000
     93930                CA                            KING CITY                               Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     90255                CA                         HUNTINGTON PARK                            Single Family                           11.5500                           0.5000            0.0000             0.0065              0.0000
     90003                CA                           LOS ANGELES                               2-4 Family                              8.8250                           0.5000            0.0000             0.0065              0.0000
     55744                MN                           Grand Rapids                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     8270                 NJ                             Woodbine                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     45064                OH                            Somerville                              Single Family                           11.1850                           0.5000            0.0000             0.0065              0.0000
     89511                NV                               Reno                                      PUD                                 6.8300                           0.5000            0.0000             0.0065              0.0000
     98802                WA                          East Wenatchee                            Single Family                           10.0800                           0.5000            0.0000             0.0065              0.0000
     11575                NY                            Roosevelt                               Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     30062                GA                             Marietta                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     30062                GA                             Marietta                               Single Family                           13.5000                           0.5000            0.0000             0.0065              0.0000
     92647                CA                         HUNTINGTON BEACH                           Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     89142                NV                            Las Vegas                               Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     90221                CA                             Compton                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     92707                CA                            Santa Ana                               Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     60628                IL                             CHICAGO                                Single Family                           12.1250                           0.5000            0.0000             0.0065              0.0000
     33406                FL                         WEST PALM BEACH                            Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     33035                FL                            HOMESTEAD                                Condominium                             8.9250                           0.5000            0.0000             0.0065              0.0000
     33035                FL                            HOMESTEAD                                Condominium                            11.7500                           0.5000            0.0000             0.0065              0.0000
     89121                NV                            LAS VEGAS                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     33016                FL                         HIALEAH GARDENS                             Condominium                             9.1250                           0.5000            0.0000             0.0065              0.0000
     35217                AL                            BIRMINGHAM                              Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     19132                PA                           PHILADELPHIA                             Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     33015                FL                              MIAMI                                 Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     30013                GA                             CONYERS                                Single Family                            8.6750                           0.5000            0.0000             0.0065              0.0000
     30013                GA                             CONYERS                                Single Family                           13.0000                           0.5000            0.0000             0.0065              0.0000
     81401                CO                             MONTROSE                               Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     92677                CA                          LAGUNA NIGUEL                              Condominium                             8.4500                           0.5000            0.0000             0.0065              0.0000
     92677                CA                          LAGUNA NIGUEL                              Condominium                            12.1500                           0.5000            0.0000             0.0065              0.0000
     92399                CA                             YUCAIPA                                Single Family                           11.9000                           0.5000            0.0000             0.0065              0.0000
     22192                VA                            WOODBRIDGE                              Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     22192                VA                            Woodbridge                                   PUD                                 7.7750                           0.5000            0.0000             0.0065              0.0000
     93307                CA                           BAKERSFIELD                              Single Family                            7.7250                           0.5000            0.0000             0.0065              0.0000
     64507                MO                           Saint Joseph                             Single Family                            7.9250                           0.5000            0.0000             0.0065              0.0000
     46237                IN                           Indianapolis                                  PUD                                 9.8750                           0.5000            0.0000             0.0065              0.0000
     8322                 NJ                          FRANKLINVILLE                             Single Family                            7.3000                           0.5000            0.0000             0.0065              0.0000
     85326                AZ                             BUCKEYE                                     PUD                                 8.0000                           0.5000            0.0000             0.0065              0.0000
     85326                AZ                             BUCKEYE                                     PUD                                11.7500                           0.5000            0.0000             0.0065              0.0000
     60402                IL                              Berwyn                                 2-4 Family                              8.8000                           0.5000            0.0000             0.0065              0.0000
     36301                AL                              DOTHAN                                Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     36301                AL                              DOTHAN                                Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     6360                 CT                             Norwich                                 2-4 Family                              8.8200                           0.5000            0.0000             0.0065              0.0000
     40223                KY                            Louisville                              Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     30517                GA                            Braselton                               Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     30517                GA                            Braselton                               Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     31763                GA                             Leesburg                               Single Family                            8.3250                           0.5000            0.0000             0.0065              0.0000
     60120                IL                              Elgin                                 Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     76272                TX                           Valley View                              Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     76272                TX                           Valley View                              Single Family                           12.3500                           0.5000            0.0000             0.0065              0.0000
     34953                FL                         Port Saint Lucie                           Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     76051                TX                            Grapevine                               Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     19145                PA                              PHILA                                 Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     43015                OH                             Delaware                                    PUD                                 9.3750                           0.5000            0.0000             0.0065              0.0000
     47025                IN                           Lawrenceburg                             Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     90057                CA                           Los Angeles                              Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     92571                CA                              Perris                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           Douglasville                             Single Family                            8.9800                           0.5000            0.0000             0.0065              0.0000
     32776                FL                             Sorrento                               Single Family                            7.5800                           0.5000            0.0000             0.0065              0.0000
     32703                FL                              Apopka                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     85037                AZ                             Phoenix                                Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     93536                CA                            Lancaster                               Single Family                            9.4250                           0.5000            0.0000             0.0065              0.0000
     93536                CA                            Lancaster                               Single Family                           12.3500                           0.5000            0.0000             0.0065              0.0000
     32179                FL                            Ocklawaha                               Single Family                            6.9750                           0.5000            0.0000             0.0065              0.0000
     56353                MN                              Milaca                                Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     33025                FL                          Pembroke Pines                                 PUD                                 9.1750                           0.5000            0.0000             0.0065              0.0000
     19702                DE                              Newark                                     PUD                                 7.3600                           0.5000            0.0000             0.0065              0.0000
     92407                CA                          San Bernardino                            Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     97080                OR                             GRESHAM                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     85029                AZ                             PHOENIX                                Single Family                            8.3300                           0.5000            0.0000             0.0065              0.0000
     32209                FL                           JACKSONVILLE                             Single Family                           12.1400                           0.5000            0.0000             0.0065              0.0000
     94591                CA                             Vallejo                                 2-4 Family                              8.3750                           0.5000            0.0000             0.0065              0.0000
     24091                VA                              FLOYD                                 Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     92395                CA                           Victorville                              Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     44120                OH                          Shaker Heights                            Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     80917                CO                             CO SPGS                                Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     2143                 MA                            Somerville                               2-4 Family                              7.2250                           0.5000            0.0000             0.0065              0.0000
     43822                OH                           Frazeysburg                              Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     43130                OH                            Lancaster                               Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     33024                FL                            HOLLYWOOD                               Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     19124                PA                           Philadelphia                               Townhouse                              7.9500                           0.5000            0.0000             0.0065              0.0000
     85043                AZ                             Phoenix                                     PUD                                 8.6500                           0.5000            0.0000             0.0065              0.0000
     53121                WI                             Elkhorn                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     33569                FL                            Riverview                                    PUD                                 8.8750                           0.5000            0.0000             0.0065              0.0000
     33569                FL                            Riverview                                    PUD                                11.2000                           0.5000            0.0000             0.0065              0.0000
     1013                 MA                             CHICOPEE                               Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     1013                 MA                             CHICOPEE                               Single Family                           11.0000                           0.5000            0.0000             0.0065              0.0000
     75056                TX                            THE COLONY                                   PUD                                10.4500                           0.5000            0.0000             0.0065              0.0000
     55356                MN                            Long Lake                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     33161                FL                              MIAMI                                  Condominium                             7.9500                           0.5000            0.0000             0.0065              0.0000
     85007                AZ                             PHOENIX                                 2-4 Family                              9.9300                           0.5000            0.0000             0.0065              0.0000
     30319                GA                             Atlanta                                Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     30121                GA                           Cartersville                                  PUD                                 9.3380                           0.5000            0.0000             0.0065              0.0000
     30331                GA                             Atlanta                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     28262                NC                            Charlotte                                    PUD                                 9.4000                           0.5000            0.0000             0.0065              0.0000
     87109                NM                           Albuquerque                              Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     95356                CA                             MODESTO                                Single Family                            7.8300                           0.5000            0.0000             0.0065              0.0000
     79606                TX                             ABILENE                                Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     33020                FL                            HOLLYWOOD                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     33025                FL                          PEMBROKE PINES                                 PUD                                 7.7500                           0.5000            0.0000             0.0065              0.0000
     20747                MD                         DISTRICT HEIGHTS                           Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     60655                IL                             CHICAGO                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     36870                AL                           PHENIX CITY                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     49509                MI                             WYOMING                                Single Family                           10.3750                           0.5000            0.0000             0.0065              0.0000
     30079                GA                            SCOTTDALE                                    PUD                                 9.5000                           0.5000            0.0000             0.0065              0.0000
     80013                CO                              AURORA                                 Condominium                             9.5000                           0.5000            0.0000             0.0065              0.0000
     33126                FL                              MIAMI                                  Condominium                             7.8100                           0.5000            0.0000             0.0065              0.0000
     33126                FL                              MIAMI                                  Condominium                            10.5100                           0.5000            0.0000             0.0065              0.0000
     30296                GA                            RIVERDALE                               Single Family                           10.5600                           0.5000            0.0000             0.0065              0.0000
     32607                FL                           GAINESVILLE                              Single Family                           10.4800                           0.5000            0.0000             0.0065              0.0000
     32779                FL                             LONGWOOD                                    PUD                                 8.0900                           0.5000            0.0000             0.0065              0.0000
     33610                FL                              TAMPA                                 Single Family                            7.7850                           0.5000            0.0000             0.0065              0.0000
     33610                FL                              TAMPA                                 Single Family                           10.7350                           0.5000            0.0000             0.0065              0.0000
     77053                TX                             HOUSTON                                     PUD                                 9.1800                           0.5000            0.0000             0.0065              0.0000
     30030                GA                             DECATUR                                Single Family                            7.7100                           0.5000            0.0000             0.0065              0.0000
     33157                FL                              MIAMI                                 Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     75149                TX                             MESQUITE                                    PUD                                 7.4900                           0.5000            0.0000             0.0065              0.0000
     75149                TX                             MESQUITE                                    PUD                                12.4700                           0.5000            0.0000             0.0065              0.0000
     27981                NC                             WANCHESE                               Single Family                            8.4700                           0.5000            0.0000             0.0065              0.0000
     32725                FL                             DELTONA                                Single Family                            9.9250                           0.5000            0.0000             0.0065              0.0000
     30016                GA                            COVINGTON                               Single Family                           10.6600                           0.5000            0.0000             0.0065              0.0000
     33617                FL                              TAMPA                                      PUD                                 7.8900                           0.5000            0.0000             0.0065              0.0000
     33617                FL                              TAMPA                                      PUD                                11.9700                           0.5000            0.0000             0.0065              0.0000
     30114                GA                              CANTON                                Single Family                            9.5250                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                             Single Family                            8.6400                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                             Single Family                           12.3900                           0.5000            0.0000             0.0065              0.0000
     19061                PA                           MARCUS HOOK                               2-4 Family                              8.8100                           0.5000            0.0000             0.0065              0.0000
     38127                TN                             MEMPHIS                                Single Family                            9.7750                           0.5000            0.0000             0.0065              0.0000
     32725                FL                             DELTONA                                Single Family                           13.2950                           0.5000            0.0000             0.0065              0.0000
     30188                GA                            WOODSTOCK                                    PUD                                 7.3000                           0.5000            0.0000             0.0065              0.0000
     30188                GA                            WOODSTOCK                                    PUD                                11.9250                           0.5000            0.0000             0.0065              0.0000
     33897                FL                            DAVENPORT                               Single Family                            8.6750                           0.5000            0.0000             0.0065              0.0000
     33897                FL                            DAVENPORT                               Single Family                           12.7950                           0.5000            0.0000             0.0065              0.0000
     30224                GA                             GRIFFIN                                     PUD                                 7.9900                           0.5000            0.0000             0.0065              0.0000
     30224                GA                             GRIFFIN                                     PUD                                12.7650                           0.5000            0.0000             0.0065              0.0000
     23860                VA                             HOPEWELL                               Single Family                           10.0150                           0.5000            0.0000             0.0065              0.0000
     23224                VA                             RICHMOND                               Single Family                           10.0150                           0.5000            0.0000             0.0065              0.0000
     30019                GA                              DACULA                                Single Family                           10.7750                           0.5000            0.0000             0.0065              0.0000
     37210                TN                            NASHVILLE                                2-4 Family                              9.9050                           0.5000            0.0000             0.0065              0.0000
     37210                TN                            NASHVILLE                                2-4 Family                              9.9050                           0.5000            0.0000             0.0065              0.0000
     30349                GA                             ATLANTA                                Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     37207                TN                            NASHVILLE                               Single Family                           10.0650                           0.5000            0.0000             0.0065              0.0000
     33150                FL                              MIAMI                                  2-4 Family                              8.3400                           0.5000            0.0000             0.0065              0.0000
     20121                VA                           CENTREVILLE                               Condominium                             8.6850                           0.5000            0.0000             0.0065              0.0000
     33050                FL                             MARATHON                                2-4 Family                              9.9900                           0.5000            0.0000             0.0065              0.0000
     30354                GA                             ATLANTA                                Single Family                            9.3800                           0.5000            0.0000             0.0065              0.0000
     36863                AL                              LANETT                                Single Family                            7.8350                           0.5000            0.0000             0.0065              0.0000
     38127                TN                             MEMPHIS                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     38109                TN                             MEMPHIS                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     30071                GA                             NORCROSS                               Single Family                            8.6400                           0.5000            0.0000             0.0065              0.0000
     31313                GA                            HINESVILLE                              Single Family                            9.8650                           0.5000            0.0000             0.0065              0.0000
     85051                AZ                             PHOENIX                                 Condominium                             7.3750                           0.5000            0.0000             0.0065              0.0000
     85051                AZ                             PHOENIX                                 Condominium                            12.6250                           0.5000            0.0000             0.0065              0.0000
     38122                TN                             MEMPHIS                                 2-4 Family                             10.6950                           0.5000            0.0000             0.0065              0.0000
     38122                TN                             MEMPHIS                                 2-4 Family                             10.6950                           0.5000            0.0000             0.0065              0.0000
     32206                FL                           JACKSONVILLE                              Condominium                             7.5250                           0.5000            0.0000             0.0065              0.0000
     32206                FL                           JACKSONVILLE                              Condominium                            12.0750                           0.5000            0.0000             0.0065              0.0000
     38122                TN                             MEMPHIS                                 2-4 Family                             10.6950                           0.5000            0.0000             0.0065              0.0000
     20018                DC                            WASHINGTON                               2-4 Family                              8.6250                           0.5000            0.0000             0.0065              0.0000
     20009                DC                            WASHINGTON                              Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     35405                AL                            TUSCALOOSA                              Single Family                            8.7150                           0.5000            0.0000             0.0065              0.0000
     35405                AL                            TUSCALOOSA                              Single Family                           12.6650                           0.5000            0.0000             0.0065              0.0000
     33607                FL                              TAMPA                                 Single Family                            6.9700                           0.5000            0.0000             0.0065              0.0000
     47714                IN                            EVANSVILLE                               2-4 Family                             10.4050                           0.5000            0.0000             0.0065              0.0000
     33569                FL                            RIVERVIEW                                    PUD                                 7.8750                           0.5000            0.0000             0.0065              0.0000
     30032                GA                             DECATUR                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     31907                GA                             COLUMBUS                               Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     31907                GA                             COLUMBUS                               Single Family                           12.8450                           0.5000            0.0000             0.0065              0.0000
     20011                DC                            WASHINGTON                               2-4 Family                              8.7000                           0.5000            0.0000             0.0065              0.0000
     35007                AL                            ALABASTER                               Single Family                            8.6150                           0.5000            0.0000             0.0065              0.0000
     44485                OH                              WARREN                                Single Family                           10.3150                           0.5000            0.0000             0.0065              0.0000
     33025                FL                             MIRAMAR                                 Condominium                             9.8250                           0.5000            0.0000             0.0065              0.0000
     30108                GA                              BOWDON                                Single Family                            8.2650                           0.5000            0.0000             0.0065              0.0000
     65453                MO                               CUBA                                 Single Family                           10.3150                           0.5000            0.0000             0.0065              0.0000
     24014                VA                             ROANOKE                                Single Family                            9.0050                           0.5000            0.0000             0.0065              0.0000
     7052                 NJ                           WEST ORANGE                              Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     23704                VA                            PORTSMOUTH                              Single Family                           10.5500                           0.5000            0.0000             0.0065              0.0000
     24014                VA                             ROANOKE                                Single Family                           12.5950                           0.5000            0.0000             0.0065              0.0000
     20735                MD                             CLINTON                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     30017                GA                             GRAYSON                                     PUD                                10.3150                           0.5000            0.0000             0.0065              0.0000
     70714                LA                              BAKER                                 Single Family                           11.3850                           0.5000            0.0000             0.0065              0.0000
     30269                GA                          PEACHTREE CITY                             Condominium                            10.3550                           0.5000            0.0000             0.0065              0.0000
     34473                FL                              OCALA                                 Single Family                            9.1050                           0.5000            0.0000             0.0065              0.0000
     32812                FL                             ORLANDO                                     PUD                                 9.3750                           0.5000            0.0000             0.0065              0.0000
     44067                OH                            NORTHFIELD                                   PUD                                 9.0150                           0.5000            0.0000             0.0065              0.0000
     44067                OH                            NORTHFIELD                                   PUD                                12.4750                           0.5000            0.0000             0.0065              0.0000
     30088                GA                          STONE MOUNTAIN                            Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     30683                GA                           WINTERVILLE                              Single Family                            7.7650                           0.5000            0.0000             0.0065              0.0000
     30683                GA                           WINTERVILLE                              Single Family                           12.0050                           0.5000            0.0000             0.0065              0.0000
     17315                PA                              DOVER                                 Single Family                           11.5150                           0.5000            0.0000             0.0065              0.0000
     70814                LA                           BATON ROUGE                              Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     70814                LA                           BATON ROUGE                              Single Family                           13.4900                           0.5000            0.0000             0.0065              0.0000
     20020                DC                            WASHINGTON                               2-4 Family                              8.3750                           0.5000            0.0000             0.0065              0.0000
     20020                DC                            WASHINGTON                               2-4 Family                              8.3750                           0.5000            0.0000             0.0065              0.0000
     30331                GA                             ATLANTA                                Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     85037                AZ                             PHOENIX                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     46617                IN                            SOUTH BEND                              Single Family                            9.4650                           0.5000            0.0000             0.0065              0.0000
     30083                GA                          STONE MOUNTAIN                            Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     30080                GA                              SMYRNA                                     PUD                                 9.6350                           0.5000            0.0000             0.0065              0.0000
     30127                GA                          POWDER SPRINGS                            Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     77346                TX                              HUMBLE                                Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     77346                TX                              HUMBLE                                Single Family                           12.7750                           0.5000            0.0000             0.0065              0.0000
     35215                AL                            BIRMINGHAM                              Single Family                           10.4150                           0.5000            0.0000             0.0065              0.0000
     30755                GA                           TUNNEL HILL                              Single Family                           10.1200                           0.5000            0.0000             0.0065              0.0000
     31721                GA                              ALBANY                                Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     17103                PA                            HARRISBURG                                Townhouse                             10.1130                           0.5000            0.0000             0.0065              0.0000
     23451                VA                           VIRGINIA BCH                             Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     32137                FL                            PALM COAST                              Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     32164                FL                            Palm Coast                              Single Family                           10.9500                           0.5000            0.0000             0.0065              0.0000
     21758                MD                            BRUNSWICK                               Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     18901                PA                           NEW BRITAIN                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     21782                MD                            SHARPSBURG                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     55356                MN                            Long Lake                               Single Family                           11.9900                           0.5000            0.0000             0.0065              0.0000
     30518                GA                            Sugar Hill                                   PUD                                 8.3750                           0.5000            0.0000             0.0065              0.0000
     30518                GA                            Sugar Hill                                   PUD                                12.5000                           0.5000            0.0000             0.0065              0.0000
     92509                CA                            Riverside                               Single Family                            8.6750                           0.5000            0.0000             0.0065              0.0000
     96044                CA                            HORNBROOK                               Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     34953                FL                         PORT SAINT LUCI                            Single Family                           10.4000                           0.5000            0.0000             0.0065              0.0000
     48208                MI                             DETROIT                                Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     44110                OH                            CLEVELAND                               Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     78363                TX                            KINGSVILLE                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     90262                CA                             LYNWOOD                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     33179                FL                              MIAMI                                  Condominium                             7.0500                           0.5000            0.0000             0.0065              0.0000
     48727                MI                             CLIFFORD                               Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48204                MI                             DETROIT                                Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     12832                NY                         MIDDLE GRANVILL                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     90221                CA                             COMPTON                                 2-4 Family                              8.4500                           0.5000            0.0000             0.0065              0.0000
     33327                FL                              WESTON                                     PUD                                 7.0000                           0.5000            0.0000             0.0065              0.0000
     50669                IA                             REINBECK                               Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     48228                MI                             DETROIT                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     33176                FL                              MIAMI                                 Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     87144                NM                            RIO RANCHO                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48234                MI                             DETROIT                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     49017                MI                           BATTLE CREEK                             Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     30310                GA                             ATLANTA                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     11713                NY                             BELLPORT                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33603                FL                              TAMPA                                 Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     48234                MI                             DETROIT                                Single Family                            8.5750                           0.5000            0.0000             0.0065              0.0000
     48235                MI                             DETROIT                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     48154                MI                             LIVONIA                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     48342                MI                             PONTIAC                                Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     94534                CA                            FAIRFIELD                                    PUD                                 8.8500                           0.5000            0.0000             0.0065              0.0000
     33134                FL                              MIAMI                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     85255                AZ                            SCOTTSDALE                                   PUD                                 8.6000                           0.5000            0.0000             0.0065              0.0000
     62521                IL                             DECATUR                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     96782                HI                            PEARL CITY                               Condominium                             6.9000                           0.5000            0.0000             0.0065              0.0000
     60649                IL                             CHICAGO                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     20746                MD                             SUITLAND                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     98247                WA                             EVERSON                                Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     60707                IL                           ELMWOOD PARK                             Single Family                           10.2200                           0.5000            0.0000             0.0065              0.0000
     44113                OH                            CLEVELAND                               Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     98270                WA                            MARYSVILLE                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     48316                MI                         SHELBY TOWNSHIP                            Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     34491                FL                           SUMMERFIELD                              Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     48348                MI                            CLARKSTON                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     11369                NY                          EAST ELMHURST                             Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     95822                CA                            SACRAMENTO                              Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     60411                IL                           SAUK VILLAGE                             Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     63112                MO                           SAINT LOUIS                               2-4 Family                              9.6000                           0.5000            0.0000             0.0065              0.0000
     15358                PA                           RICHEYVILLE                              Single Family                            8.5900                           0.5000            0.0000             0.0065              0.0000
     49017                MI                           BATTLE CREEK                             Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     34953                FL                         PORT SAINT LUCI                            Single Family                            8.8200                           0.5000            0.0000             0.0065              0.0000
     48154                MI                             LIVONIA                                Single Family                            8.8330                           0.5000            0.0000             0.0065              0.0000
     20745                MD                            OXON HILL                                Condominium                             7.3000                           0.5000            0.0000             0.0065              0.0000
     95823                CA                            SACRAMENTO                              Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     45405                OH                              DAYTON                                Single Family                           10.6150                           0.5000            0.0000             0.0065              0.0000
     48209                MI                             DETROIT                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     64840                MO                             DIAMOND                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     48091                MI                              WARREN                                Single Family                           10.8000                           0.5000            0.0000             0.0065              0.0000
     27707                NC                              DURHAM                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     98056                WA                              RENTON                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     48212                MI                            HAMTRAMCK                                2-4 Family                              8.4500                           0.5000            0.0000             0.0065              0.0000
     44103                OH                            CLEVELAND                                2-4 Family                              7.5000                           0.5000            0.0000             0.0065              0.0000
     48327                MI                            WATERFORD                               Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     92201                CA                              INDIO                                 Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     89015                NV                            HENDERSON                               Single Family                            7.6200                           0.5000            0.0000             0.0065              0.0000
     55792                MN                             VIRGINIA                               Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     60634                IL                             CHICAGO                                Single Family                            8.8700                           0.5000            0.0000             0.0065              0.0000
     92707                CA                            SANTA ANA                               Single Family                            6.4500                           0.5000            0.0000             0.0065              0.0000
     44135                OH                            CLEVELAND                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     44843                OH                              LUCAS                                 Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     17866                PA                          COAL TOWNSHIP                             Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     33991                FL                            CAPE CORAL                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     60804                IL                              CICERO                                Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     21740                MD                            HAGERSTOWN                              Single Family                            7.9990                           0.5000            0.0000             0.0065              0.0000
     48208                MI                             DETROIT                                Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     93638                CA                              MADERA                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     32810                FL                             ORLANDO                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     98038                WA                           MAPLE VALLEY                                  PUD                                 8.2500                           0.5000            0.0000             0.0065              0.0000
     91913                CA                           CHULA VISTA                                   PUD                                 7.3000                           0.5000            0.0000             0.0065              0.0000
     48910                MI                             LANSING                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     87532                NM                             ESPANOLA                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     77019                TX                             HOUSTON                                     PUD                                 7.0000                           0.5000            0.0000             0.0065              0.0000
     60107                IL                            STREAMWOOD                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     29045                SC                              ELGIN                                 Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     12566                NY                            PINE BUSH                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     30066                GA                             MARIETTA                               Single Family                            7.6750                           0.5000            0.0000             0.0065              0.0000
     33179                FL                              MIAMI                                  Condominium                             7.9900                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             DETROIT                                Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     33056                FL                            OPA LOCKA                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     48616                MI                            CHESANING                               Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     48227                MI                             DETROIT                                Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     20743                MD                         CAPITOL HEIGHTS                            Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     18301                PA                         EAST STROUDSBUR                            Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     98034                WA                             KIRKLAND                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     94801                CA                             RICHMOND                               Single Family                            9.2400                           0.5000            0.0000             0.0065              0.0000
     11763                NY                             MEDFORD                                Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     89148                NV                            LAS VEGAS                                    PUD                                 7.6500                           0.5000            0.0000             0.0065              0.0000
     33801                FL                             LAKELAND                               Single Family                            8.1400                           0.5000            0.0000             0.0065              0.0000
     43701                OH                            ZANESVILLE                              Single Family                            7.3000                           0.5000            0.0000             0.0065              0.0000
     65737                MO                           REEDS SPRING                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     84062                UT                          PLEASANT GROVE                            Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     85365                AZ                               YUMA                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     60623                IL                             CHICAGO                                 2-4 Family                              7.5000                           0.5000            0.0000             0.0065              0.0000
     85364                AZ                               YUMA                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     49093                MI                           THREE RIVERS                             Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     33322                FL                             SUNRISE                                Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     11040                NY                          NEW HYDE PARK                              2-4 Family                              6.5900                           0.5000            0.0000             0.0065              0.0000
     53142                WI                             KENOSHA                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     48091                MI                              WARREN                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     96021                CA                             CORNING                                Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     6412                 CT                             CHESTER                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     60061                IL                           VERNON HILLS                             Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     64138                MO                           KANSAS CITY                              Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     11717                NY                            BRENTWOOD                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     33068                FL                          POMPANO BEACH                              2-4 Family                              8.1500                           0.5000            0.0000             0.0065              0.0000
     92551                CA                          MORENO VALLEY                             Single Family                            9.4250                           0.5000            0.0000             0.0065              0.0000
     60646                IL                             CHICAGO                                Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     48458                MI                           MOUNT MORRIS                              2-4 Family                             10.5500                           0.5000            0.0000             0.0065              0.0000
     11520                NY                             FREEPORT                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     30354                GA                            HAPEVILLE                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     55912                MN                              AUSTIN                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     10302                NY                          STATEN ISLAND                             Single Family                            8.7900                           0.5000            0.0000             0.0065              0.0000
     24501                VA                            LYNCHBURG                               Single Family                            9.4900                           0.5000            0.0000             0.0065              0.0000
     48423                MI                             DAVISON                                Single Family                            7.5900                           0.5000            0.0000             0.0065              0.0000
     92703                CA                            SANTA ANA                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     20879                MD                           GAITHERSBURG                                  PUD                                 9.2500                           0.5000            0.0000             0.0065              0.0000
     80249                CO                              DENVER                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     44111                OH                            CLEVELAND                               Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     60628                IL                             CHICAGO                                 2-4 Family                              8.2500                           0.5000            0.0000             0.0065              0.0000
     48051                MI                           CHESTERFIELD                             Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     93215                CA                              DELANO                                Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     93611                CA                              CLOVIS                                Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     19114                PA                           PHILADELPHIA                             Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     22172                VA                             TRIANGLE                               Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     92345                CA                             HESPERIA                               Single Family                            8.3650                           0.5000            0.0000             0.0065              0.0000
     48213                MI                             DETROIT                                Single Family                           10.1750                           0.5000            0.0000             0.0065              0.0000
     60177                IL                           SOUTH ELGIN                               Condominium                             8.9500                           0.5000            0.0000             0.0065              0.0000
     8882                 NJ                           SOUTH RIVER                              Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     44105                OH                            CLEVELAND                                2-4 Family                              9.1000                           0.5000            0.0000             0.0065              0.0000
     48235                MI                             DETROIT                                Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     91342                CA                          AREA OF SYLMAR                            Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     95356                CA                             MODESTO                                Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     10705                NY                             YONKERS                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                Single Family                           10.4500                           0.5000            0.0000             0.0065              0.0000
     17552                PA                            MOUNT JOY                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     92201                CA                              INDIO                                 Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     92105                CA                            SAN DIEGO                                Condominium                             8.7000                           0.5000            0.0000             0.0065              0.0000
     48228                MI                             DETROIT                                Single Family                           10.3000                           0.5000            0.0000             0.0065              0.0000
     48188                MI                              CANTON                                 Condominium                             7.9990                           0.5000            0.0000             0.0065              0.0000
     91748                CA                         AREA OF ROWLAND                            Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     7206                 NJ                            ELIZABETH                                2-4 Family                              9.3750                           0.5000            0.0000             0.0065              0.0000
     80504                CO                             LONGMONT                               Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     32068                FL                            MIDDLEBURG                              Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     33147                FL                              MIAMI                                 Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     22407                VA                          FREDERICKSBURG                                 PUD                                 7.5000                           0.5000            0.0000             0.0065              0.0000
     33467                FL                            LAKE WORTH                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     23608                VA                           NEWPORT NEWS                                  PUD                                 7.5000                           0.5000            0.0000             0.0065              0.0000
     1453                 MA                            LEOMINSTER                              Single Family                            6.8900                           0.5000            0.0000             0.0065              0.0000
     60435                IL                              JOLIET                                Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     8045                 NJ                             LAWNSIDE                               Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     33615                FL                              TAMPA                                 Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     32505                FL                            PENSACOLA                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     33193                FL                              MIAMI                                      PUD                                 8.7500                           0.5000            0.0000             0.0065              0.0000
     20601                MD                             WALDORF                                     PUD                                 7.9900                           0.5000            0.0000             0.0065              0.0000
     85042                AZ                             PHOENIX                                Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     39212                MS                             JACKSON                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     95838                CA                            SACRAMENTO                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     37412                TN                           CHATTANOOGA                              Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     48910                MI                             LANSING                                Single Family                           10.5500                           0.5000            0.0000             0.0065              0.0000
     44121                OH                            CLEVELAND                               Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     33971                FL                           LEHIGH ACRES                             Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     15688                PA                              TARRS                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     7055                 NJ                             PASSAIC                                 2-4 Family                              8.8000                           0.5000            0.0000             0.0065              0.0000
     91745                CA                         HACIENDA HEIGHT                            Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     60620                IL                             CHICAGO                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     49014                MI                           BATTLE CREEK                             Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     60442                IL                            FLOSSMOOR                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     49868                MI                             NEWBERRY                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     48044                MI                              MACOMB                                 Condominium                             7.8000                           0.5000            0.0000             0.0065              0.0000
     20748                MD                           TEMPLE HILLS                             Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     60609                IL                             CHICAGO                                 2-4 Family                              7.3000                           0.5000            0.0000             0.0065              0.0000
     20747                MD                         DISTRICT HEIGHT                            Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     92404                CA                          SAN BERNARDINO                            Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     53223                WI                            MILWAUKEE                               Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     21216                MD                            BALTIMORE                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     60652                IL                             CHICAGO                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     21046                MD                             COLUMBIA                                    PUD                                 7.5000                           0.5000            0.0000             0.0065              0.0000
     21113                MD                             ODENTON                                Single Family                            7.9990                           0.5000            0.0000             0.0065              0.0000
     20706                MD                              LANHAM                                Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     23235                VA                             RICHMOND                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     61109                IL                             ROCKFORD                               Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     60624                IL                             CHICAGO                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     49534                MI                           GRAND RAPIDS                             Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     33035                FL                            HOMESTEAD                                Condominium                             8.0000                           0.5000            0.0000             0.0065              0.0000
     34654                FL                         NEW PORT RICHEY                            Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     6076                 CT                         STAFFORD SPRING                             2-4 Family                              7.4900                           0.5000            0.0000             0.0065              0.0000
     87114                NM                           ALBUQUERQUE                                   PUD                                 8.5000                           0.5000            0.0000             0.0065              0.0000
     23060                VA                            GLEN ALLEN                              Single Family                            7.6500                           0.5000            0.0000             0.0065              0.0000
     30260                GA                              MORROW                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     21136                MD                           REISTERSTOWN                             Single Family                            7.5550                           0.5000            0.0000             0.0065              0.0000
     81212                CO                            CANON CITY                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     22579                VA                         WICOMICO CHURCH                            Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     89128                NV                            LAS VEGAS                                    PUD                                 7.9900                           0.5000            0.0000             0.0065              0.0000
     30084                GA                              TUCKER                                 Condominium                             8.9000                           0.5000            0.0000             0.0065              0.0000
     85388                AZ                             SURPRISE                                    PUD                                 8.9900                           0.5000            0.0000             0.0065              0.0000
     93312                CA                           BAKERSFIELD                              Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     6010                 CT                             BRISTOL                                Single Family                            7.7850                           0.5000            0.0000             0.0065              0.0000
     91741                CA                             GLENDORA                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     44112                OH                          EAST CLEVELAND                             2-4 Family                             10.5600                           0.5000            0.0000             0.0065              0.0000
     48234                MI                             DETROIT                                Single Family                           11.1500                           0.5000            0.0000             0.0065              0.0000
     48227                MI                             DETROIT                                Single Family                           10.9000                           0.5000            0.0000             0.0065              0.0000
     18055                PA                            HELLERTOWN                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     33584                FL                             SEFFNER                                Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     34223                FL                            ENGLEWOOD                               Single Family                            9.5900                           0.5000            0.0000             0.0065              0.0000
     48239                MI                             REDFORD                                Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     75217                TX                              DALLAS                                Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     88101                NM                              CLOVIS                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     48126                MI                             DEARBORN                                2-4 Family                              9.9400                           0.5000            0.0000             0.0065              0.0000
     34983                FL                         PORT SAINT LUCI                            Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     95601                CA                           AMADOR CITY                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     95815                CA                            SACRAMENTO                              Single Family                            9.6400                           0.5000            0.0000             0.0065              0.0000
     48085                MI                               TROY                                 Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     97236                OR                             PORTLAND                               Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     10567                NY                         CORTLANDT MANOR                            Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     48235                MI                             DETROIT                                Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     77088                TX                             HOUSTON                                Single Family                           10.5500                           0.5000            0.0000             0.0065              0.0000
     30030                GA                             DECATUR                                Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     48224                MI                             DETROIT                                Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     60409                IL                           CALUMET CITY                             Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     87124                NM                            RIO RANCHO                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     92404                CA                          SAN BERNARDINO                            Single Family                            7.5250                           0.5000            0.0000             0.0065              0.0000
     7728                 NJ                             FREEHOLD                                Condominium                             7.6250                           0.5000            0.0000             0.0065              0.0000
     93662                CA                              SELMA                                 Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     90606                CA                             WHITTIER                               Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     92308                CA                           APPLE VALLEY                             Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     20744                MD                         FORT WASHINGTON                            Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     95326                CA                             HUGHSON                                Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     11554                NY                           EAST MEADOW                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     95823                CA                            SACRAMENTO                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     95932                CA                              COLUSA                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     37330                TN                          ESTILL SPRINGS                            Single Family                            7.9990                           0.5000            0.0000             0.0065              0.0000
     90240                CA                              DOWNEY                                Single Family                            8.5250                           0.5000            0.0000             0.0065              0.0000
     43119                OH                             GALLOWAY                               Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     33125                FL                              MIAMI                                  2-4 Family                              6.9900                           0.5000            0.0000             0.0065              0.0000
     11714                NY                             BETHPAGE                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     48872                MI                              PERRY                                 Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     48141                MI                             INKSTER                                Single Family                            9.9000                           0.5000            0.0000             0.0065              0.0000
     49230                MI                             BROOKLYN                               Single Family                            7.7900                           0.5000            0.0000             0.0065              0.0000
     21009                MD                             ABINGDON                                    PUD                                 7.3500                           0.5000            0.0000             0.0065              0.0000
     33167                FL                              MIAMI                                 Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     92832                CA                            FULLERTON                               Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     11727                NY                              CORAM                                 Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     32807                FL                             ORLANDO                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     33525                FL                            DADE CITY                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     2905                 RI                            PROVIDENCE                              Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     53209                WI                            MILWAUKEE                               Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     60505                IL                              AURORA                                 2-4 Family                              9.9000                           0.5000            0.0000             0.0065              0.0000
     77075                TX                             HOUSTON                                Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     21213                MD                            BALTIMORE                               Single Family                            7.9990                           0.5000            0.0000             0.0065              0.0000
     20785                MD                             LANDOVER                               Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     70058                LA                              HARVEY                                 2-4 Family                              8.8000                           0.5000            0.0000             0.0065              0.0000
     11003                NY                              ELMONT                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     48203                MI                             DETROIT                                Single Family                           10.7000                           0.5000            0.0000             0.0065              0.0000
     6468                 CT                              MONROE                                Single Family                            9.6750                           0.5000            0.0000             0.0065              0.0000
     29414                SC                            CHARLESTON                              Single Family                            9.9000                           0.5000            0.0000             0.0065              0.0000
     60646                IL                             CHICAGO                                Single Family                            8.7800                           0.5000            0.0000             0.0065              0.0000
     82935                WY                           GREEN RIVER                              Single Family                            9.1900                           0.5000            0.0000             0.0065              0.0000
     64056                MO                           INDEPENDENCE                             Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     33566                FL                            PLANT CITY                                   PUD                                 8.5000                           0.5000            0.0000             0.0065              0.0000
     49331                MI                              LOWELL                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     91745                CA                         HACIENDA HEIGHT                            Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     48125                MI                         DEARBORN HEIGHT                            Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     92530                CA                          LAKE ELSINORE                                  PUD                                 7.2500                           0.5000            0.0000             0.0065              0.0000
     48446                MI                              LAPEER                                Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     20155                VA                           GAINESVILLE                              Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     21713                MD                            BOONSBORO                               Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     92324                CA                              COLTON                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     60419                IL                              DOLTON                                Single Family                            9.6000                           0.5000            0.0000             0.0065              0.0000
     48197                MI                            YPSILANTI                               Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     75092                TX                             SHERMAN                                Single Family                            8.9250                           0.5000            0.0000             0.0065              0.0000
     18704                PA                             KINGSTON                               Single Family                            7.6990                           0.5000            0.0000             0.0065              0.0000
     48215                MI                             DETROIT                                Single Family                           10.3000                           0.5000            0.0000             0.0065              0.0000
     48209                MI                             DETROIT                                Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     48206                MI                             DETROIT                                 2-4 Family                             10.5000                           0.5000            0.0000             0.0065              0.0000
     60639                IL                             CHICAGO                                 2-4 Family                              8.6000                           0.5000            0.0000             0.0065              0.0000
     44035                OH                              ELYRIA                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     60651                IL                             CHICAGO                                Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     11207                NY                             BROOKLYN                                2-4 Family                              8.5000                           0.5000            0.0000             0.0065              0.0000
     6705                 CT                            WATERBURY                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     48838                MI                            GREENVILLE                              Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     48229                MI                              ECORSE                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     49519                MI                             WYOMING                                Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     16441                PA                            WATERFORD                               Single Family                            8.7750                           0.5000            0.0000             0.0065              0.0000
     50315                IA                            DES MOINES                              Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     33619                FL                              TAMPA                                 Single Family                            7.9400                           0.5000            0.0000             0.0065              0.0000
     48083                MI                               TROY                                 Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     20748                MD                           TEMPLE HILLS                                  PUD                                 7.9900                           0.5000            0.0000             0.0065              0.0000
     21702                MD                            FREDERICK                               Single Family                            6.8750                           0.5000            0.0000             0.0065              0.0000
     93277                CA                             VISALIA                                Single Family                            8.3100                           0.5000            0.0000             0.0065              0.0000
     48212                MI                             DETROIT                                 2-4 Family                              8.1500                           0.5000            0.0000             0.0065              0.0000
     24521                VA                             AMHERST                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     39180                MS                            VICKSBURG                               Single Family                            9.5900                           0.5000            0.0000             0.0065              0.0000
     47523                IN                               DALE                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     46516                IN                             ELKHART                                 2-4 Family                             11.4250                           0.5000            0.0000             0.0065              0.0000
     89113                NV                            LAS VEGAS                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     48076                MI                            SOUTHFIELD                              Single Family                            8.1200                           0.5000            0.0000             0.0065              0.0000
     48224                MI                             DETROIT                                Single Family                            9.2750                           0.5000            0.0000             0.0065              0.0000
     85374                AZ                             SURPRISE                                    PUD                                 8.1600                           0.5000            0.0000             0.0065              0.0000
     48146                MI                           LINCOLN PARK                             Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     89139                NV                            LAS VEGAS                                    PUD                                 6.9000                           0.5000            0.0000             0.0065              0.0000
     20695                MD                           WHITE PLAINS                                  PUD                                 7.9900                           0.5000            0.0000             0.0065              0.0000
     20164                VA                             STERLING                                    PUD                                 6.7750                           0.5000            0.0000             0.0065              0.0000
     93705                CA                              FRESNO                                Single Family                            6.6250                           0.5000            0.0000             0.0065              0.0000
     44102                OH                            CLEVELAND                                2-4 Family                              8.4750                           0.5000            0.0000             0.0065              0.0000
     21009                MD                             ABINGDON                                    PUD                                 7.7500                           0.5000            0.0000             0.0065              0.0000
     44133                OH                          NORTH ROYALTON                            Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     55113                MN                            LAUDERDALE                              Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            LANCASTER                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     92807                CA                             ANAHEIM                                 Condominium                             7.6750                           0.5000            0.0000             0.0065              0.0000
     96142                CA                              TAHOMA                                Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     33511                FL                             BRANDON                                     PUD                                 8.9000                           0.5000            0.0000             0.0065              0.0000
     49505                MI                           GRAND RAPIDS                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48228                MI                             DETROIT                                Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     2360                 MA                             PLYMOUTH                               Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     20602                MD                             WALDORF                                     PUD                                 6.9000                           0.5000            0.0000             0.0065              0.0000
     48225                MI                           HARPER WOODS                             Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     49601                MI                             CADILLAC                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     92555                CA                          MORENO VALLEY                             Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     43614                OH                              TOLEDO                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     18328                PA                          DINGMANS FERRY                            Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     32966                FL                            VERO BEACH                              Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     23323                VA                            CHESAPEAKE                              Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     90001                CA                           LOS ANGELES                               2-4 Family                              8.0000                           0.5000            0.0000             0.0065              0.0000
     48221                MI                             DETROIT                                Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     2863                 RI                          CENTRAL FALLS                              2-4 Family                              7.2000                           0.5000            0.0000             0.0065              0.0000
     11743                NY                            HUNTINGTON                              Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     11206                NY                             BROOKLYN                                2-4 Family                              9.2500                           0.5000            0.0000             0.0065              0.0000
     2151                 MA                              REVERE                                 2-4 Family                              7.8000                           0.5000            0.0000             0.0065              0.0000
     96707                HI                             KAPOLEI                                Single Family                            6.9000                           0.5000            0.0000             0.0065              0.0000
     20708                MD                              LAUREL                                 Condominium                             7.6990                           0.5000            0.0000             0.0065              0.0000
     34286                FL                            NORTH PORT                              Single Family                            7.3000                           0.5000            0.0000             0.0065              0.0000
     87120                NM                           ALBUQUERQUE                              Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     60619                IL                             CHICAGO                                 2-4 Family                              8.5000                           0.5000            0.0000             0.0065              0.0000
     29150                SC                              SUMTER                                Single Family                            8.2550                           0.5000            0.0000             0.0065              0.0000
     48224                MI                             DETROIT                                Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     11751                NY                              ISLIP                                 Single Family                            7.1500                           0.5000            0.0000             0.0065              0.0000
     6483                 CT                             SEYMOUR                                 2-4 Family                              8.9500                           0.5000            0.0000             0.0065              0.0000
     20602                MD                             WALDORF                                     PUD                                 7.6250                           0.5000            0.0000             0.0065              0.0000
     29649                SC                            GREENWOOD                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48228                MI                             DETROIT                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     85242                AZ                           QUEEN CREEK                                   PUD                                 8.6500                           0.5000            0.0000             0.0065              0.0000
     60629                IL                             CHICAGO                                 2-4 Family                              8.8500                           0.5000            0.0000             0.0065              0.0000
     61336                IL                             MAGNOLIA                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     80915                CO                         COLORADO SPRING                            Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     20772                MD                          UPPER MARLBORO                            Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     49017                MI                           BATTLE CREEK                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     21613                MD                            CAMBRIDGE                               Single Family                            7.9990                           0.5000            0.0000             0.0065              0.0000
     32907                FL                             PALM BAY                               Single Family                            8.4900                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             DETROIT                                Single Family                           11.0000                           0.5000            0.0000             0.0065              0.0000
     21830                MD                              HEBRON                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     33713                FL                         SAINT PETERSBUR                            Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     48382                MI                         COMMERCE TOWNSH                            Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     21742                MD                            HAGERSTOWN                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     92394                CA                           VICTORVILLE                              Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     7111                 NJ                            IRVINGTON                               Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     60651                IL                             CHICAGO                                Single Family                            7.5500                           0.5000            0.0000             0.0065              0.0000
     60013                IL                               CARY                                      PUD                                 8.5000                           0.5000            0.0000             0.0065              0.0000
     81623                CO                            CARBONDALE                              Single Family                            6.9990                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             DETROIT                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     48089                MI                              WARREN                                Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     60004                IL                         ARLINGTON HEIGH                             Condominium                             8.4900                           0.5000            0.0000             0.0065              0.0000
     65616                MO                             BRANSON                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33168                FL                              MIAMI                                 Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     90603                CA                             WHITTIER                               Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     48213                MI                             DETROIT                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     72118                AR                         NORTH LITTLE RO                            Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     48708                MI                             BAY CITY                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     48895                MI                           WILLIAMSTON                              Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     85629                AZ                            SAHUARITA                                    PUD                                 8.9900                           0.5000            0.0000             0.0065              0.0000
     48060                MI                            PORT HURON                              Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     7461                 NJ                              SUSSEX                                Single Family                            8.4900                           0.5000            0.0000             0.0065              0.0000
     76109                TX                            FORT WORTH                               Condominium                             7.9500                           0.5000            0.0000             0.0065              0.0000
     32750                FL                             LONGWOOD                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     48609                MI                             SAGINAW                                Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     92503                CA                            RIVERSIDE                               Single Family                            7.0500                           0.5000            0.0000             0.0065              0.0000
     33463                FL                            LAKE WORTH                                   PUD                                 8.9000                           0.5000            0.0000             0.0065              0.0000
     48044                MI                              MACOMB                                Single Family                            6.6500                           0.5000            0.0000             0.0065              0.0000
     89110                NV                            LAS VEGAS                               Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     10950                NY                              MONROE                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     34638                FL                           LAND O LAKES                                  PUD                                 6.3500                           0.5000            0.0000             0.0065              0.0000
     55720                MN                             CLOQUET                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     49201                MI                             JACKSON                                Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     32750                FL                             LONGWOOD                               Single Family                            8.2750                           0.5000            0.0000             0.0065              0.0000
     45240                OH                            CINCINNATI                              Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     96002                CA                             REDDING                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     93535                CA                            LANCASTER                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     89031                NV                         NORTH LAS VEGAS                                 PUD                                 7.5000                           0.5000            0.0000             0.0065              0.0000
     96727                HI                             HONOKAA                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     33321                FL                             TAMARAC                                     PUD                                 9.7900                           0.5000            0.0000             0.0065              0.0000
     33410                FL                         PALM BEACH GARD                            Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     33415                FL                         WEST PALM BEACH                                 PUD                                10.1500                           0.5000            0.0000             0.0065              0.0000
     48342                MI                             PONTIAC                                Single Family                            9.2750                           0.5000            0.0000             0.0065              0.0000
     77476                TX                             SIMONTON                                    PUD                                 7.1000                           0.5000            0.0000             0.0065              0.0000
     60652                IL                             CHICAGO                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     92563                CA                             MURRIETA                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     60440                IL                           BOLINGBROOK                              Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     11706                NY                            BAY SHORE                               Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     60632                IL                             CHICAGO                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     34715                FL                             CLERMONT                                    PUD                                 6.9500                           0.5000            0.0000             0.0065              0.0000
     49230                MI                             BROOKLYN                               Single Family                            8.2700                           0.5000            0.0000             0.0065              0.0000
     49098                MI                            WATERVLIET                              Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33033                FL                            HOMESTEAD                               Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     43145                OH                           NEW HOLLAND                              Single Family                            9.5800                           0.5000            0.0000             0.0065              0.0000
     85257                AZ                            SCOTTSDALE                              Single Family                            7.4700                           0.5000            0.0000             0.0065              0.0000
     33328                FL                              DAVIE                                      PUD                                 7.2500                           0.5000            0.0000             0.0065              0.0000
     48204                MI                             DETROIT                                Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     60477                IL                           TINLEY PARK                              Single Family                            8.3600                           0.5000            0.0000             0.0065              0.0000
     60612                IL                             CHICAGO                                Single Family                            8.7800                           0.5000            0.0000             0.0065              0.0000
     19146                PA                           PHILADELPHIA                             Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     20770                MD                            GREENBELT                                    PUD                                 7.6990                           0.5000            0.0000             0.0065              0.0000
     92504                CA                            RIVERSIDE                               Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     90660                CA                           PICO RIVERA                               Condominium                             8.9900                           0.5000            0.0000             0.0065              0.0000
     60056                IL                          MOUNT PROSPECT                            Single Family                            8.3900                           0.5000            0.0000             0.0065              0.0000
     48602                MI                             SAGINAW                                Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     92407                CA                          SAN BERNARDINO                            Single Family                            7.1000                           0.5000            0.0000             0.0065              0.0000
     60516                IL                          DOWNERS GROVE                              Condominium                             7.9900                           0.5000            0.0000             0.0065              0.0000
     49221                MI                              ADRIAN                                Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     20743                MD                         CAPITOL HEIGHTS                            Single Family                            7.7700                           0.5000            0.0000             0.0065              0.0000
     60411                IL                           SAUK VILLAGE                             Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     43204                OH                             COLUMBUS                               Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     95971                CA                              QUINCY                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     8527                 NJ                             JACKSON                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     85363                AZ                            YOUNGTOWN                               Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     21771                MD                            MOUNT AIRY                              Single Family                            7.8900                           0.5000            0.0000             0.0065              0.0000
     20772                MD                          UPPER MARLBORO                            Single Family                            6.9500                           0.5000            0.0000             0.0065              0.0000
     33015                FL                             HIALEAH                                     PUD                                 7.9500                           0.5000            0.0000             0.0065              0.0000
     48239                MI                             REDFORD                                Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     60544                IL                            PLAINFIELD                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     48765                MI                              TURNER                                Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     33068                FL                         NORTH LAUDERDAL                            Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     34983                FL                         PORT SAINT LUCI                            Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     11727                NY                              CORAM                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     92551                CA                          MORENO VALLEY                             Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     60616                IL                             CHICAGO                                 Condominium                            10.0500                           0.5000            0.0000             0.0065              0.0000
     81504                CO                          GRAND JUNCTION                                 PUD                                 8.7500                           0.5000            0.0000             0.0065              0.0000
     32952                FL                          MERRITT ISLAND                            Single Family                            7.0750                           0.5000            0.0000             0.0065              0.0000
     60140                IL                            HAMPSHIRE                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     48224                MI                             DETROIT                                Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     60625                IL                             CHICAGO                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     18328                PA                          DINGMANS FERRY                                 PUD                                 8.1000                           0.5000            0.0000             0.0065              0.0000
     30062                GA                             MARIETTA                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     96732                HI                             KAHULUI                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     33147                FL                              MIAMI                                 Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     48174                MI                             ROMULUS                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     48205                MI                             DETROIT                                 2-4 Family                             10.9500                           0.5000            0.0000             0.0065              0.0000
     33313                FL                         FORT LAUDERDALE                             Condominium                             8.6000                           0.5000            0.0000             0.0065              0.0000
     11420                NY                         SOUTH OZONE PAR                            Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     90280                CA                            SOUTH GATE                               2-4 Family                              7.0000                           0.5000            0.0000             0.0065              0.0000
     48195                MI                            SOUTHGATE                               Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     90002                CA                           LOS ANGELES                               2-4 Family                              8.8000                           0.5000            0.0000             0.0065              0.0000
     32060                FL                             LIVE OAK                               Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     10541                NY                             MAHOPAC                                 2-4 Family                              6.7500                           0.5000            0.0000             0.0065              0.0000
     33024                FL                          PEMBROKE PINES                            Single Family                            6.5500                           0.5000            0.0000             0.0065              0.0000
     90022                CA                           LOS ANGELES                              Single Family                            7.1500                           0.5000            0.0000             0.0065              0.0000
     91745                CA                         HACIENDA HEIGHT                            Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     60559                IL                             WESTMONT                               Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     33029                FL                          PEMBROKE PINES                                 PUD                                 9.1500                           0.5000            0.0000             0.0065              0.0000
     33021                FL                            HOLLYWOOD                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     15201                PA                            PITTSBURGH                              Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     44128                OH                            CLEVELAND                               Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     48116                MI                             BRIGHTON                               Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     34116                FL                              NAPLES                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     48201                MI                             DETROIT                                 Condominium                             7.3000                           0.5000            0.0000             0.0065              0.0000
     37343                TN                              HIXSON                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     33313                FL                         FORT LAUDERDALE                             Condominium                             7.9500                           0.5000            0.0000             0.0065              0.0000
     48910                MI                             LANSING                                Single Family                            7.1000                           0.5000            0.0000             0.0065              0.0000
     60617                IL                             CHICAGO                                 2-4 Family                              8.2500                           0.5000            0.0000             0.0065              0.0000
     19040                PA                             HATBORO                                Single Family                            7.3500                           0.5000            0.0000             0.0065              0.0000
     20720                MD                              BOWIE                                      PUD                                 6.8500                           0.5000            0.0000             0.0065              0.0000
     33196                FL                              MIAMI                                 Single Family                            7.0000                           0.5000            0.0000             0.0065              0.0000
     43560                OH                             SYLVANIA                               Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     92562                CA                             Murrieta                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     97502                OR                          CENTRAL POINT                             Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     12308                NY                           SCHENECTADY                               2-4 Family                             11.5500                           0.5000            0.0000             0.0065              0.0000
     73111                OK                          OKLAHOMA CITY                             Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     73120                OK                          OKLAHOMA CITY                             Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     73507                OK                              Lawton                                Single Family                           11.3000                           0.5000            0.0000             0.0065              0.0000
     36303                AL                              Dothan                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     36303                AL                              Dothan                                Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     48504                MI                              Flint                                 Single Family                           11.5000                           0.5000            0.0000             0.0065              0.0000
     33853                FL                            Lake Wales                              Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     85326                AZ                             BUCKEYE                                     PUD                                 6.1000                           0.5000            0.0000             0.0065              0.0000
     92223                CA                             Beaumont                               Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             Detroit                                Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     85635                AZ                           Sierra Vista                             Single Family                            9.4250                           0.5000            0.0000             0.0065              0.0000
     19403                PA                            Norristown                               Condominium                            11.2000                           0.5000            0.0000             0.0065              0.0000
     63023                MO                             Dittmer                                Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     97203                OR                             PORTLAND                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     97140                OR                             SHERWOOD                                    PUD                                 7.9900                           0.5000            0.0000             0.0065              0.0000
     97140                OR                             SHERWOOD                                    PUD                                11.6250                           0.5000            0.0000             0.0065              0.0000
     98274                WA                           MOUNT VERNON                             Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     98274                WA                           MOUNT VERNON                             Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     97008                OR                            BEAVERTON                                Condominium                             7.3750                           0.5000            0.0000             0.0065              0.0000
     97008                OR                            BEAVERTON                                Condominium                            12.0000                           0.5000            0.0000             0.0065              0.0000
     97754                OR                            PRINEVILLE                              Single Family                           10.3750                           0.5000            0.0000             0.0065              0.0000
     48227                MI                             DETROIT                                Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     48006                MI                        KENOCKEE TOWNSHIP                           Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     48210                MI                             DETROIT                                Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     48220                MI                             FERNDALE                               Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     48180                MI                              TAYLOR                                Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     48422                MI                             CROSWELL                               Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     49546                MI                         CASCADE TOWNSHIP                           Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     48210                MI                             DETROIT                                Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     48006                MI                        KENOCKEE TOWNSHIP                           Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     49546                MI                         CASCADE TOWNSHIP                           Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     49509                MI                             WYOMING                                Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     49224                MI                              ALBION                                Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     48150                MI                             LIVONIA                                Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     48455                MI                            HADLEY TWP                              Single Family                           10.3000                           0.5000            0.0000             0.0065              0.0000
     48237                MI                             OAK PARK                               Single Family                            8.7750                           0.5000            0.0000             0.0065              0.0000
     48076                MI                            SOUTHFIELD                              Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     48359                MI                            LAKE ORION                              Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     48346                MI                     TOWNSHIP OF SPRINGFIELD                        Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     48359                MI                            LAKE ORION                              Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     48076                MI                            SOUTHFIELD                              Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     48239                MI                             REDFORD                                Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     49249                MI                           SOMERSET TWP                             Single Family                            9.0250                           0.5000            0.0000             0.0065              0.0000
     60626                IL                             CHICAGO                                 Condominium                             9.8000                           0.5000            0.0000             0.0065              0.0000
     31324                GA                          RICHMOND HILL                             Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     39352                MS                           PORTERVILLE                              Single Family                            9.5250                           0.5000            0.0000             0.0065              0.0000
     34606                FL                           SPRING HILL                              Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     75704                TX                              TYLER                                 Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     44805                OH                             ASHLAND                                Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     77449                TX                               KATY                                      PUD                                 9.7750                           0.5000            0.0000             0.0065              0.0000
     59901                MT                            KALISPELL                               Single Family                            9.7750                           0.5000            0.0000             0.0065              0.0000
     52806                IA                            DAVENPORT                               Single Family                           11.9000                           0.5000            0.0000             0.0065              0.0000
     11741                NY                             HOLBROOK                                Condominium                             9.0750                           0.5000            0.0000             0.0065              0.0000
     16342                PA                            IRWIN TWP                               Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     17404                PA                               YORK                                 Single Family                           10.6500                           0.5000            0.0000             0.0065              0.0000
     31757                GA                           THOMASVILLE                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     17320                PA                       HAMILTONBAN TOWNSHIP                         Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     33321                FL                             TAMARAC                                 Condominium                             8.5250                           0.5000            0.0000             0.0065              0.0000
     60626                IL                             CHICAGO                                 Condominium                             7.9250                           0.5000            0.0000             0.0065              0.0000
     7112                 NJ                              NEWARK                                 2-4 Family                              9.0750                           0.5000            0.0000             0.0065              0.0000
     67502                KS                            HUTCHINSON                              Single Family                            7.8500                           0.5000            0.0000             0.0065              0.0000
     31641                GA                              NAYLOR                                Single Family                            9.3250                           0.5000            0.0000             0.0065              0.0000
     13492                NY                        TOWN OF WHITESTOWN                          Single Family                           10.4250                           0.5000            0.0000             0.0065              0.0000
     7860                 NJ                           HAMPTON TWP                               Condominium                            10.2000                           0.5000            0.0000             0.0065              0.0000
     39574                MS                             SAUCIER                                Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     2332                 MA                             DUXBURY                                Single Family                            9.2750                           0.5000            0.0000             0.0065              0.0000
     19709                DE                            MIDDLETOWN                                   PUD                                 9.1500                           0.5000            0.0000             0.0065              0.0000
     5478                 VT                        TOWN OF ST ALBANS                           Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     33435                FL                          BOYNTON BEACH                              Condominium                             9.0750                           0.5000            0.0000             0.0065              0.0000
     48179                MI                            BERLIN TWP                              Single Family                           10.4000                           0.5000            0.0000             0.0065              0.0000
     33809                FL                             LAKELAND                                    PUD                                 9.7500                           0.5000            0.0000             0.0065              0.0000
     11422                NY                        BOROUGH OF QUEENS                           Single Family                            9.0750                           0.5000            0.0000             0.0065              0.0000
     42301                KY                            OWENSBORO                               Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     31904                GA                             COLUMBUS                               Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     24017                VA                             ROANOKE                                Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     19145                PA                           PHILADELPHIA                             Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     48154                MI                             LIVONIA                                Single Family                            8.5750                           0.5000            0.0000             0.0065              0.0000
     31075                GA                              RENTZ                                 Single Family                            9.7750                           0.5000            0.0000             0.0065              0.0000
     30047                GA                             LILBURN                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     1752                 MA                           MARLBOROUGH                              Single Family                            9.6750                           0.5000            0.0000             0.0065              0.0000
     19963                DE                             MILFORD                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     91606                CA                         NORTH HOLLYWOOD                             Condominium                             9.6750                           0.5000            0.0000             0.0065              0.0000
     33440                FL                            CLEWISTON                               Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     30114                GA                              CANTON                                Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     10940                NY                            MIDDLETOWN                               Condominium                             8.2750                           0.5000            0.0000             0.0065              0.0000
     27863                NC                            PIKEVILLE                               Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     48044                MI                         MACOMB TOWNSHIP                                 PUD                                 9.0750                           0.5000            0.0000             0.0065              0.0000
     47025                IN                           LAWRENCEBURG                             Single Family                            9.0250                           0.5000            0.0000             0.0065              0.0000
     40118                KY                             FAIRDALE                               Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     30016                GA                            COVINGTON                               Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     10303                NY                      STATEN ISLAND BOROUGH                         Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     1108                 MA                           SPRINGFIELD                              Single Family                            8.4750                           0.5000            0.0000             0.0065              0.0000
     72532                AR                          EVENING SHADE                             Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     14580                NY                             WEBSTER                                     PUD                                 8.5750                           0.5000            0.0000             0.0065              0.0000
     18328                PA                          DINGMANS FERRY                            Single Family                           12.2500                           0.5000            0.0000             0.0065              0.0000
     67154                KS                            WHITEWATER                              Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     33470                FL                           LOXAHATCHEE                              Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     72756                AR                              ROGERS                                Single Family                           10.3750                           0.5000            0.0000             0.0065              0.0000
     87323                NM                             THOREAU                                Single Family                            9.4750                           0.5000            0.0000             0.0065              0.0000
     21211                MD                            BALTIMORE                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     28803                NC                            ASHEVILLE                               Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     2382                 MA                             WHITMAN                                Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     48082                MI                         ST CLAIR SHORES                            Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     33543                FL                          WESLEY CHAPEL                                  PUD                                 9.9750                           0.5000            0.0000             0.0065              0.0000
     6606                 CT                            BRIDGEPORT                              Single Family                            7.8250                           0.5000            0.0000             0.0065              0.0000
     8065                 NJ                        BOROUGH OF PALMYRA                           Condominium                             9.6750                           0.5000            0.0000             0.0065              0.0000
     87121                NM                           ALBUQUERQUE                              Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     37049                TN                           CROSS PLAINS                             Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     21666                MD                           STEVENSVILLE                             Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     10465                NY                              BRONX                                  2-4 Family                              9.1250                           0.5000            0.0000             0.0065              0.0000
     83706                ID                              BOISE                                      PUD                                 9.0250                           0.5000            0.0000             0.0065              0.0000
     48195                MI                            SOUTHGATE                               Single Family                            9.0250                           0.5000            0.0000             0.0065              0.0000
     49004                MI                      TOWNSHIP OF KALAMAZOO                         Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     48240                MI                           REDFORD TWP                              Single Family                            9.9750                           0.5000            0.0000             0.0065              0.0000
     33415                FL                         WEST PALM BEACH                                 PUD                                 9.5500                           0.5000            0.0000             0.0065              0.0000
     49201                MI                             JACKSON                                Single Family                            8.5750                           0.5000            0.0000             0.0065              0.0000
     49855                MI                            MARQUETTE                               Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     48317                MI                            SHELBY TWP                              Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     83651                ID                              NAMPA                                 Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     30234                GA                           JENKINSBURG                              Single Family                            8.6750                           0.5000            0.0000             0.0065              0.0000
     85706                AZ                              TUCSON                                     PUD                                 8.7000                           0.5000            0.0000             0.0065              0.0000
     17403                PA                               YORK                                 Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     85745                AZ                              TUCSON                                     PUD                                 9.8500                           0.5000            0.0000             0.0065              0.0000
     51534                IA                             GLENWOOD                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     48235                MI                             DETROIT                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     49249                MI                           SOMERSET TWP                             Single Family                           11.5000                           0.5000            0.0000             0.0065              0.0000
     33321                FL                             TAMARAC                                 Condominium                             9.5000                           0.5000            0.0000             0.0065              0.0000
     60626                IL                             CHICAGO                                 Condominium                            11.1250                           0.5000            0.0000             0.0065              0.0000
     7112                 NJ                              NEWARK                                 2-4 Family                             12.0000                           0.5000            0.0000             0.0065              0.0000
     16342                PA                            IRWIN TWP                               Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     44087                OH                            TWINSBURG                                Condominium                            11.5000                           0.5000            0.0000             0.0065              0.0000
     42301                KY                            OWENSBORO                               Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     48154                MI                             LIVONIA                                Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     47025                IN                           LAWRENCEBURG                             Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     1108                 MA                           SPRINGFIELD                              Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     67154                KS                            WHITEWATER                              Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     87323                NM                             THOREAU                                Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     83651                ID                              NAMPA                                 Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     49201                MI                             JACKSON                                Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     48317                MI                            SHELBY TWP                              Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     48195                MI                            SOUTHGATE                               Single Family                           11.0000                           0.5000            0.0000             0.0065              0.0000
     6606                 CT                            BRIDGEPORT                              Single Family                           11.0000                           0.5000            0.0000             0.0065              0.0000
     83706                ID                              BOISE                                      PUD                                11.5000                           0.5000            0.0000             0.0065              0.0000
     48072                MI                             BERKLEY                                Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     48230                MI                          GROSSE POINTE                             Single Family                            8.9750                           0.5000            0.0000             0.0065              0.0000
     65560                MO                              SALEM                                 Single Family                            9.1750                           0.5000            0.0000             0.0065              0.0000
     65802                MO                           SPRINGFIELD                              Single Family                            9.1500                           0.5000            0.0000             0.0065              0.0000
     38104                TN                             MEMPHIS                                Single Family                            9.8250                           0.5000            0.0000             0.0065              0.0000
     33947                FL                           ROTONDA WEST                             Single Family                            8.5250                           0.5000            0.0000             0.0065              0.0000
     32082                FL                        PONTE VEDRA BEACH                           Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     87059                NM                             TIJERAS                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     34759                FL                            KISSIMMEE                                    PUD                                 9.8750                           0.5000            0.0000             0.0065              0.0000
     48072                MI                             BERKLEY                                Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     65560                MO                              SALEM                                 Single Family                           11.5000                           0.5000            0.0000             0.0065              0.0000
     22302                VA                            ALEXANDRIA                               Condominium                            10.1000                           0.5000            0.0000             0.0065              0.0000
     30294                GA                            ELLENWOOD                               Single Family                           10.4000                           0.5000            0.0000             0.0065              0.0000
     89108                NV                            LAS VEGAS                               Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     81132                CO                            DEL NORTE                               Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     23602                VA                           NEWPORT NEWS                                  PUD                                 9.6000                           0.5000            0.0000             0.0065              0.0000
     93313                CA                           BAKERSFIELD                              Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     80534                CO                            JOHNSTOWN                               Single Family                           10.9250                           0.5000            0.0000             0.0065              0.0000
     6040                 CT                            MANCHESTER                               Condominium                             9.8750                           0.5000            0.0000             0.0065              0.0000
     19136                PA                           PHILADELPHIA                             Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     48316                MI                         SHELBY TOWNSHIP                            Single Family                            8.7750                           0.5000            0.0000             0.0065              0.0000
     48837                MI                           GRAND LEDGE                              Single Family                            9.3250                           0.5000            0.0000             0.0065              0.0000
     48231                MI                             DETROIT                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     48842                MI                               HOLT                                  2-4 Family                              8.7000                           0.5000            0.0000             0.0065              0.0000
     48075                MI                            SOUTHFIELD                              Single Family                            9.0250                           0.5000            0.0000             0.0065              0.0000
     48225                MI                           HARPER WOODS                             Single Family                            8.9250                           0.5000            0.0000             0.0065              0.0000
     48227                MI                             DETROIT                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     49229                MI                        TOWNSHIP OF RAISIN                          Single Family                           10.1500                           0.5000            0.0000             0.0065              0.0000
     48334                MI                             DETROIT                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     48036                MI                         CLINTON TOWNSHIP                           Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     37115                TN                             MADISON                                Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     48035                MI                         CLINTON TOWNSHIP                           Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     48220                MI                             FERNDALE                               Single Family                           12.3750                           0.5000            0.0000             0.0065              0.0000
     49464                MI                             ZEELAND                                Single Family                            8.7750                           0.5000            0.0000             0.0065              0.0000
     48021                MI                            EASTPOINTE                              Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     48316                MI                         SHELBY TOWNSHIP                            Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     48075                MI                            SOUTHFIELD                              Single Family                           11.5000                           0.5000            0.0000             0.0065              0.0000
     48225                MI                           HARPER WOODS                             Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     48021                MI                            EASTPOINTE                              Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     8034                 NJ                           CHERRY HILL                              Single Family                            9.7810                           0.5000            0.0000             0.0065              0.0000
     10462                NY                              BRONX                                  2-4 Family                              8.6500                           0.5000            0.0000             0.0065              0.0000
     30315                GA                             ATLANTA                                Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     21214                MD                            BALTIMORE                               Single Family                           10.6500                           0.5000            0.0000             0.0065              0.0000
     8724                 NJ                              BRICK                                 Single Family                            8.0500                           0.5000            0.0000             0.0065              0.0000
     33603                FL                              TAMPA                                 Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     22079                VA                              LORTON                                     PUD                                11.2000                           0.5000            0.0000             0.0065              0.0000
     7865                 NJ                           PORT MURRAY                              Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     31410                GA                             SAVANNAH                               Single Family                           13.0000                           0.5000            0.0000             0.0065              0.0000
     11743                NY                            HUNTINGTON                              Single Family                            8.6880                           0.5000            0.0000             0.0065              0.0000
     11743                NY                            HUNTINGTON                              Single Family                           11.1000                           0.5000            0.0000             0.0065              0.0000
     33323                FL                             SUNRISE                                     PUD                                11.1000                           0.5000            0.0000             0.0065              0.0000
     19462                PA                         PLYMOUTH MEETING                           Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                             Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     19038                PA                            ERDENHEIM                               Single Family                            8.3000                           0.5000            0.0000             0.0065              0.0000
     8322                 NJ                          FRANKLINVILLE                             Single Family                           11.4500                           0.5000            0.0000             0.0065              0.0000
     21225                MD                             BROOKLYN                               Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     1607                 MA                            WORCESTER                                2-4 Family                              6.7500                           0.5000            0.0000             0.0065              0.0000
     30274                GA                            RIVERDALE                               Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     34761                FL                              OCOEE                                 Single Family                           11.0500                           0.5000            0.0000             0.0065              0.0000
     2886                 RI                             WARWICK                                Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     19355                PA                             MALVERN                                Single Family                            7.3250                           0.5000            0.0000             0.0065              0.0000
     33021                FL                            HOLLYWOOD                               Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     23320                VA                            CHESAPEAKE                                Townhouse                              7.1000                           0.5000            0.0000             0.0065              0.0000
     23320                VA                            CHESAPEAKE                                Townhouse                             11.7000                           0.5000            0.0000             0.0065              0.0000
     33066                FL                          COCONUT CREEK                             Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     10466                NY                              BRONX                                  2-4 Family                              7.6380                           0.5000            0.0000             0.0065              0.0000
     8724                 NJ                              BRICK                                 Single Family                           10.6000                           0.5000            0.0000             0.0065              0.0000
     19038                PA                            ERDENHEIM                               Single Family                           13.9000                           0.5000            0.0000             0.0065              0.0000
     33029                FL                          PEMBROKE PINES                                 PUD                                 8.6000                           0.5000            0.0000             0.0065              0.0000
     30135                GA                           DOUGLASVILLE                             Single Family                           11.3000                           0.5000            0.0000             0.0065              0.0000
     6511                 CT                            NEW HAVEN                                2-4 Family                             11.2500                           0.5000            0.0000             0.0065              0.0000
     10466                NY                              BRONX                                  2-4 Family                             11.2500                           0.5000            0.0000             0.0065              0.0000
     17109                PA                            HARRISBURG                              Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     32811                FL                             ORLANDO                                Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     30274                GA                            RIVERDALE                               Single Family                           11.4500                           0.5000            0.0000             0.0065              0.0000
     18324                PA                             Bushkill                                    PUD                                 8.9900                           0.5000            0.0000             0.0065              0.0000
     5356                 VT                            WHITINGHAM                              Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     48221                MI                             Detroit                                Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     85301                AZ                             Glendale                               Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     85741                AZ                              Tucson                                Single Family                            6.8500                           0.5000            0.0000             0.0065              0.0000
     6234                 CT                             Brooklyn                               Single Family                            9.0500                           0.5000            0.0000             0.0065              0.0000
     97206                OR                             Portland                               Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     95501                CA                              Eureka                                Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     80917                CO                             CO SPGS                                Single Family                           12.5500                           0.5000            0.0000             0.0065              0.0000
     85388                AZ                             Surprise                               Single Family                            6.4000                           0.5000            0.0000             0.0065              0.0000
     19803                DE                            Wilmington                              Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     30315                GA                             Atlanta                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     50501                IA                            Fort Dodge                              Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     6610                 CT                            BRIDGEPORT                                Townhouse                              9.5500                           0.5000            0.0000             0.0065              0.0000
     6610                 CT                            BRIDGEPORT                                Townhouse                             12.0500                           0.5000            0.0000             0.0065              0.0000
     34613                FL                           BROOKSVILLE                              Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     34613                FL                           BROOKSVILLE                              Single Family                           13.3000                           0.5000            0.0000             0.0065              0.0000
     76179                TX                            Fort Worth                                   PUD                                 9.9200                           0.5000            0.0000             0.0065              0.0000
     78729                TX                              Austin                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     11422                NY                             Rosedale                                2-4 Family                             10.4500                           0.5000            0.0000             0.0065              0.0000
     70363                LA                              Houma                                 Single Family                            8.1000                           0.5000            0.0000             0.0065              0.0000
     3103                 NH                            MANCHESTER                               2-4 Family                              9.2000                           0.5000            0.0000             0.0065              0.0000
     89512                NV                               Reno                                 Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     55417                MN                           Minneapolis                              Single Family                            8.3500                           0.5000            0.0000             0.0065              0.0000
     80524                CO                           FORT COLLINS                             Single Family                            8.8050                           0.5000            0.0000             0.0065              0.0000
     30354                GA                             ATLANTA                                Single Family                            9.1050                           0.5000            0.0000             0.0065              0.0000
     34288                FL                            NORTH PORT                              Single Family                            8.5750                           0.5000            0.0000             0.0065              0.0000
     30501                GA                           GAINESVILLE                              Single Family                            7.9750                           0.5000            0.0000             0.0065              0.0000
     33617                FL                              TAMPA                                 Single Family                            9.5750                           0.5000            0.0000             0.0065              0.0000
     47715                IN                            EVANSVILLE                              Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     92551                CA                          MORENO VALLEY                                  PUD                                 9.3250                           0.5000            0.0000             0.0065              0.0000
     33763                FL                            CLEARWATER                                   PUD                                 8.7300                           0.5000            0.0000             0.0065              0.0000
     33763                FL                            CLEARWATER                                   PUD                                12.2750                           0.5000            0.0000             0.0065              0.0000
     30297                GA                           FOREST PARK                              Single Family                            8.9650                           0.5000            0.0000             0.0065              0.0000
     34473                FL                              OCALA                                 Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     47842                IN                             CLINTON                                Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     32703                FL                              APOPKA                                     PUD                                 8.8750                           0.5000            0.0000             0.0065              0.0000
     30534                GA                           DAWSONVILLE                              Single Family                            8.5750                           0.5000            0.0000             0.0065              0.0000
     46310                IN                             DEMOTTE                                Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     12192                NY                          WEST COXSACKIE                            Single Family                           10.2500                           0.5000            0.0000             0.0065              0.0000
     6024                 CT                           EAST CANAAN                              Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     6804                 CT                            BROOKFIELD                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     45373                OH                               TROY                                 Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     6018                 CT                              CANAAN                                 2-4 Family                              9.3750                           0.5000            0.0000             0.0065              0.0000
     13440                NY                               LEE                                  Single Family                           11.6250                           0.5000            0.0000             0.0065              0.0000
     7206                 NJ                            ELIZABETH                                2-4 Family                             11.0000                           0.5000            0.0000             0.0065              0.0000
     6256                 CT                             WINDHAM                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     7524                 NJ                             PATERSON                                2-4 Family                             10.2500                           0.5000            0.0000             0.0065              0.0000
     18466                PA                            TOBYHANNA                                    PUD                                 9.7500                           0.5000            0.0000             0.0065              0.0000
     45373                OH                               TROY                                 Single Family                           12.3750                           0.5000            0.0000             0.0065              0.0000
     6484                 CT                             SHELTON                                 2-4 Family                              9.8750                           0.5000            0.0000             0.0065              0.0000
     6379                 CT                      PAWCATUCK (STONINGTON)                        Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     2907                 RI                            PROVIDENCE                              Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     34202                FL                            BRADENTON                                    PUD                                 8.1250                           0.5000            0.0000             0.0065              0.0000
     46349                IN                           LAKE VILLAGE                             Single Family                           12.3750                           0.5000            0.0000             0.0065              0.0000
     6716                 CT                             WOLCOTT                                Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     7107                 NJ                              NEWARK                                 2-4 Family                             11.3750                           0.5000            0.0000             0.0065              0.0000
     45449                OH                         WEST CARROLLTON                            Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     45118                OH                           FAYETTEVILLE                                  PUD                                 9.8750                           0.5000            0.0000             0.0065              0.0000
     85254                AZ                            SCOTTSDALE                               Condominium                             8.3750                           0.5000            0.0000             0.0065              0.0000
     2891                 RI                             WESTERLY                               Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     33417                FL                         WEST PALM BEACH                            Single Family                           11.0000                           0.5000            0.0000             0.0065              0.0000
     33713                FL                         SAINT PETERSBURG                           Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     37388                TN                            TULLAHOMA                               Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     37388                TN                            TULLAHOMA                               Single Family                            9.0100                           0.5000            0.0000             0.0065              0.0000
     27610                NC                             RALEIGH                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     27610                NC                             RALEIGH                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     33460                FL                            LAKE WORTH                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     33610                FL                              TAMPA                                 Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     32308                FL                           TALLAHASSEE                              Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     33617                FL                              TAMPA                                 Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     33467                FL                            LAKE WORTH                               Condominium                            10.5000                           0.5000            0.0000             0.0065              0.0000
     60643                IL                             CHICAGO                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     46349                IN                           LAKE VILLAGE                             Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     8733                 NJ                            LAKEHURST                               Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     8757                 NJ                    BERKELEY TWP. (TOMS RIVER                            PUD                                10.7500                           0.5000            0.0000             0.0065              0.0000
     12801                NY                           GLENS FALLS                              Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     32209                FL                           JACKSONVILLE                             Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     33777                FL                             SEMINOLE                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     30019                GA                              DACULA                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     30188                GA                            WOODSTOCK                                    PUD                                 7.8750                           0.5000            0.0000             0.0065              0.0000
     92220                CA                             BANNING                                Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     92530                CA                          LAKE ELSINORE                             Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     85373                AZ                             SUN CITY                                    PUD                                 9.5000                           0.5000            0.0000             0.0065              0.0000
     19320                PA                           COATESVILLE                              Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     40118                KY                             Fairdale                               Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     93647                CA                              OROSI                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     40118                KY                             Fairdale                               Single Family                           13.2000                           0.5000            0.0000             0.0065              0.0000
     53143                WI                             KENOSHA                                Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     43219                OH                             Columbus                               Single Family                           10.2600                           0.5000            0.0000             0.0065              0.0000
     18104                PA                            Allentown                               Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     95838                CA                            Sacramento                              Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     21224                MD                            BALTIMORE                                 Townhouse                              7.9000                           0.5000            0.0000             0.0065              0.0000
     84119                UT                          SALT LAKE CITY                            Single Family                            8.2800                           0.5000            0.0000             0.0065              0.0000
     98205                WA                             Everett                                Single Family                            7.7750                           0.5000            0.0000             0.0065              0.0000
     30233                GA                             GRIFFIN                                Single Family                           11.3750                           0.5000            0.0000             0.0065              0.0000
     77662                TX                              VIDOR                                 Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     37363                TN                             OOLTEWAH                               Single Family                            8.9100                           0.5000            0.0000             0.0065              0.0000
     66048                KS                           LEAVENWORTH                              Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     24266                VA                             LEBANON                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     33025                FL                          PEMBROKE PINES                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     76002                TX                            ARLINGTON                                    PUD                                 9.6400                           0.5000            0.0000             0.0065              0.0000
     76063                TX                            MANSFIELD                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     93313                CA                           BAKERSFIELD                              Single Family                            6.5000                           0.5000            0.0000             0.0065              0.0000
     89502                NV                               RENO                                 Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     47933                IN                          CRAWFORDSVILLE                             2-4 Family                              9.5000                           0.5000            0.0000             0.0065              0.0000
     47933                IN                          CRAWFORDSVILLE                             2-4 Family                              9.5000                           0.5000            0.0000             0.0065              0.0000
     44135                OH                            CLEVELAND                               Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     63122                MO                             KIRKWOOD                               Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     23607                VA                           NEWPORT NEWS                             Single Family                           11.6250                           0.5000            0.0000             0.0065              0.0000
     92256                CA                          MORONGO VALLEY                            Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     75424                TX                            BLUE RIDGE                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     19143                PA                           PHILADELPHIA                             Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     85016                AZ                             PHOENIX                                Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     98270                WA                            MARYSVILLE                              Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     37912                TN                            KNOXVILLE                               Single Family                           11.1250                           0.5000            0.0000             0.0065              0.0000
     30004                GA                            ALPHARETTA                                   PUD                                 9.8750                           0.5000            0.0000             0.0065              0.0000
     33916                FL                            FORT MYERS                              Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     32578                FL                            NICEVILLE                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     85218                AZ                           QUEEN VALLEY                             Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     34761                FL                              OCOEE                                 Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     28146                NC                            SALISBURY                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     2905                 RI                            PROVIDENCE                              Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     77657                TX                            LUMBERTON                               Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     18052                PA                            WHITEHALL                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     60443                IL                             MATTESON                               Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     20155                VA                           GAINESVILLE                                Townhouse                              7.6250                           0.5000            0.0000             0.0065              0.0000
     24558                VA                             HALIFAX                                Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     17320                PA                            FAIRFIELD                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     60513                IL                            BROOKFIELD                              Single Family                           11.3750                           0.5000            0.0000             0.0065              0.0000
     75013                TX                              ALLEN                                      PUD                                 9.6000                           0.5000            0.0000             0.0065              0.0000
     34731                FL                          FRUITLAND PARK                            Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     23234                VA                             RICHMOND                               Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     23502                VA                             NORFOLK                                Single Family                            6.8750                           0.5000            0.0000             0.0065              0.0000
     46227                IN                           INDIANAPOLIS                             Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     33322                FL                             SUNRISE                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     23220                VA                             RICHMOND                               Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     33843                FL                            FROSTPROOF                              Single Family                            6.5000                           0.5000            0.0000             0.0065              0.0000
     49220                MI                             ADDISON                                Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     94565                CA                            PITTSBURG                               Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     60440                IL                           BOLINGBROOK                              Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     78619                TX                            DRIFTWOOD                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     49660                MI                             MANISTEE                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     30315                GA                             ATLANTA                                Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     33510                FL                             BRANDON                                Single Family                            5.8750                           0.5000            0.0000             0.0065              0.0000
     65020                MO                            CAMDENTON                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     46060                IN                           NOBLESVILLE                              Single Family                            6.6250                           0.5000            0.0000             0.0065              0.0000
     43332                OH                              LA RUE                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     85938                AZ                          SPRINGERVILLE                             Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     34120                FL                              NAPLES                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     32244                FL                           JACKSONVILLE                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     46226                IN                           INDIANAPOLIS                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     63857                MO                             KENNETT                                Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     32514                FL                            PENSACOLA                               Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     40026                KY                              GOSHEN                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     89129                NV                            LAS VEGAS                                    PUD                                 9.8750                           0.5000            0.0000             0.0065              0.0000
     34787                FL                          WINTER GARDEN                             Single Family                            6.1250                           0.5000            0.0000             0.0065              0.0000
     32817                FL                             ORLANDO                                Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     48185                MI                             WESTLAND                                Condominium                            13.3750                           0.5000            0.0000             0.0065              0.0000
     17109                PA                            HARRISBURG                              Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     49315                MI                           BYRON CENTER                             Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     48030                MI                            HAZEL PARK                              Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     66502                KS                            MANHATTAN                               Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     89431                NV                              SPARKS                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     60534                IL                              LYONS                                  Condominium                             7.8750                           0.5000            0.0000             0.0065              0.0000
     15767                PA                           PUNXSUTAWNEY                             Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     22968                VA                           RUCKERSVILLE                                  PUD                                 7.5000                           0.5000            0.0000             0.0065              0.0000
     87575                NM                         TIERRA AMARILLA                            Single Family                            7.1250                           0.5000            0.0000             0.0065              0.0000
     46064                IN                            PENDLETON                               Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     33023                FL                             MIRIMAR                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     33611                FL                              TAMPA                                 Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     46107                IN                           BEECH GROVE                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     19601                PA                             READING                                Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     67147                KS                          VALLEY CENTER                                  PUD                                 9.3750                           0.5000            0.0000             0.0065              0.0000
     61616                IL                          PEORIA HEIGHTS                            Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     46062                IN                           NOBLESVILLE                              Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     46721                IN                              BUTLER                                Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     33761                FL                            CLEARWATER                                   PUD                                 9.5000                           0.5000            0.0000             0.0065              0.0000
     32244                FL                           JACKSONVILLE                               Townhouse                              8.3750                           0.5000            0.0000             0.0065              0.0000
     28139                NC                          RUTHERFORDTON                             Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     78258                TX                           SAN ANTONIO                                   PUD                                 9.3750                           0.5000            0.0000             0.0065              0.0000
     18346                PA                          POCONO SUMMIT                                  PUD                                 7.6250                           0.5000            0.0000             0.0065              0.0000
     30655                GA                              MONROE                                Single Family                            8.0750                           0.5000            0.0000             0.0065              0.0000
     34769                FL                           SAINT CLOUD                              Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     23601                VA                           NEWPORT NEWS                             Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     50316                IA                            DES MOINES                              Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     34668                FL                           PORT RICHEY                              Single Family                            6.8750                           0.5000            0.0000             0.0065              0.0000
     33702                FL                          ST PETERSBURG                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     60115                IL                              DEKALB                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     48116                MI                             BRIGHTON                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     89115                NV                            LAS VEGAS                                 Townhouse                              8.2500                           0.5000            0.0000             0.0065              0.0000
     49461                MI                            WHITEHALL                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     33169                FL                          MIAMI UNICORP                             Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     60612                IL                             CHICAGO                                 Condominium                            11.3750                           0.5000            0.0000             0.0065              0.0000
     32117                FL                          DAYTONA BEACH                             Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     32206                FL                           JACKSONVILLE                             Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     64050                MO                           INDEPENDENCE                             Single Family                           12.3750                           0.5000            0.0000             0.0065              0.0000
     53209                WI                            MILWAUKEE                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     1602                 MA                            WORCESTER                               Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     48219                MI                             DETROIT                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     37075                TN                          HENDERSONVILLE                            Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     38017                TN                           COLLIERVILLE                             Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     46229                IN                           INDIANAPOLIS                             Single Family                            8.1250                           0.5000            0.0000             0.0065              0.0000
     60532                IL                              LISLE                                 Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     38017                TN                           COLLIERVILLE                             Single Family                            9.0100                           0.5000            0.0000             0.0065              0.0000
     19026                PA                           DREXEL HILL                               2-4 Family                              8.1250                           0.5000            0.0000             0.0065              0.0000
     33881                FL                           WINTER HAVEN                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     88005                NM                            LAS CRUCES                              Single Family                           12.0000                           0.5000            0.0000             0.0065              0.0000
     48240                MI                             REDFORD                                Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     60450                IL                              MORRIS                                Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     49660                MI                             MANISTEE                               Single Family                           12.6250                           0.5000            0.0000             0.0065              0.0000
     75010                TX                            CARROLLTON                                   PUD                                10.7000                           0.5000            0.0000             0.0065              0.0000
     33880                FL                           WINTER HAVEN                             Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     6109                 CT                           WETHERSFIELD                             Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     49461                MI                            WHITEHALL                               Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     75009                TX                              CELINA                                     PUD                                11.5000                           0.5000            0.0000             0.0065              0.0000
     89506                NV                           COLD SPRINGS                                  PUD                                 7.7500                           0.5000            0.0000             0.0065              0.0000
     84078                UT                              VERNAL                                 Condominium                             8.2500                           0.5000            0.0000             0.0065              0.0000
     23462                VA                          VIRGINIA BEACH                                 PUD                                 9.0000                           0.5000            0.0000             0.0065              0.0000
     38115                TN                             MEMPHIS                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     33712                FL                         SAINT PETERSBURG                           Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     37013                TN                             ANTIOCH                                     PUD                                 8.6250                           0.5000            0.0000             0.0065              0.0000
     37013                TN                             ANTIOCH                                     PUD                                 9.0100                           0.5000            0.0000             0.0065              0.0000
     22191                VA                            WOODBRIDGE                                   PUD                                 9.5000                           0.5000            0.0000             0.0065              0.0000
     46201                IN                           INDIANAPOLIS                             Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     84109                UT                          SALT LAKE CITY                            Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     76063                TX                            MANSFIELD                                    PUD                                10.7000                           0.5000            0.0000             0.0065              0.0000
     34482                FL                              OCALA                                      PUD                                10.0500                           0.5000            0.0000             0.0065              0.0000
     45891                OH                             VAN WERT                               Single Family                           11.6500                           0.5000            0.0000             0.0065              0.0000
     47804                IN                           TERRE HAUTE                              Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     2860                 RI                            PAWTUCKET                                2-4 Family                             10.2400                           0.5000            0.0000             0.0065              0.0000
     28269                NC                            CHARLOTTE                               Single Family                           11.4000                           0.5000            0.0000             0.0065              0.0000
     46563                IN                             PLYMOUTH                               Single Family                           10.7000                           0.5000            0.0000             0.0065              0.0000
     40509                KY                            LEXINGTON                               Single Family                           12.2000                           0.5000            0.0000             0.0065              0.0000
     63138                MO                           SAINT LOUIS                              Single Family                           11.4000                           0.5000            0.0000             0.0065              0.0000
     47630                IN                             NEWBURGH                               Single Family                            7.4000                           0.5000            0.0000             0.0065              0.0000
     44657                OH                             MINERVA                                Single Family                           12.4000                           0.5000            0.0000             0.0065              0.0000
     32808                FL                             ORLANDO                                     PUD                                 7.9000                           0.5000            0.0000             0.0065              0.0000
     32808                FL                             ORLANDO                                     PUD                                11.4900                           0.5000            0.0000             0.0065              0.0000
     67217                KS                             WICHITA                                Single Family                           11.4000                           0.5000            0.0000             0.0065              0.0000
     46236                IN                           INDIANAPOLIS                                  PUD                                 9.6000                           0.5000            0.0000             0.0065              0.0000
     32926                FL                              COCOA                                 Single Family                           11.2000                           0.5000            0.0000             0.0065              0.0000
     32233                FL                          ATLANTIC BEACH                            Single Family                            8.7000                           0.5000            0.0000             0.0065              0.0000
     47130                IN                          JEFFERSONVILLE                            Single Family                           11.7000                           0.5000            0.0000             0.0065              0.0000
     33614                FL                              TAMPA                                 Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     64118                MO                            GLADSTONE                               Single Family                            8.6000                           0.5000            0.0000             0.0065              0.0000
     15210                PA                            Pittsburgh                              Single Family                           11.6250                           0.5000            0.0000             0.0065              0.0000
     19103                PA                           PHILADELPHIA                             Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     98168                WA                              SEATAC                                Single Family                            8.1800                           0.5000            0.0000             0.0065              0.0000
     97301                OR                              SALEM                                 Single Family                            8.7100                           0.5000            0.0000             0.0065              0.0000
     49509                MI                             Wyoming                                Single Family                            8.6750                           0.5000            0.0000             0.0065              0.0000
     33615                FL                              Tampa                                  Condominium                            10.1750                           0.5000            0.0000             0.0065              0.0000
     17403                PA                               YORK                                 Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     1247                 MA                            CLARKSBURG                               Condominium                            11.8750                           0.5000            0.0000             0.0065              0.0000
     46750                IN                            HUNTINGTON                              Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     49057                MI                             HARTFORD                               Single Family                            7.8750                           0.5000            0.0000             0.0065              0.0000
     89115                NV                            LAS VEGAS                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     17112                PA                            HARRISBURG                              Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     46217                IN                           INDIANAPOLIS                             Single Family                            8.9950                           0.5000            0.0000             0.0065              0.0000
     29621                SC                             ANDERSON                               Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     19023                PA                           COLLINGDALE                              Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     24421                VA                           CHURCHVILLE                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     30179                GA                              TEMPLE                                     PUD                                 8.3750                           0.5000            0.0000             0.0065              0.0000
     32548                FL                        FORT WALTON BEACH                           Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     92570                CA                              PERRIS                                Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     89030                NV                         NORTH LAS VEGAS                            Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     60010                IL                         HOFFMAN ESTATES                                 PUD                                10.0000                           0.5000            0.0000             0.0065              0.0000
     48064                MI                               TROY                                 Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     85032                AZ                             PHOENIX                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     46220                IN                           INDIANAPOLIS                             Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     23605                VA                           NEWPORT NEWS                             Single Family                            6.5000                           0.5000            0.0000             0.0065              0.0000
     95831                CA                            SACRAMENTO                              Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     49078                MI                              OTSEGO                                Single Family                            8.8750                           0.5000            0.0000             0.0065              0.0000
     19026                PA                           DREXEL HILL                              Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     49690                MI                           WILLIAMSBURG                             Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     46970                IN                               PERU                                 Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     85621                AZ                             NOGALES                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     60513                IL                            BROOKFIELD                              Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     92602                CA                              IRVINE                                Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     47403                IN                           BLOOMINGTON                              Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
      AZ                  SC                             UNIT 164                                Condominium                             9.2500                           0.5000            0.0000             0.0065              0.0000
     48504                MI                              FLINT                                 Single Family                           10.3750                           0.5000            0.0000             0.0065              0.0000
     67213                KS                             WICHITA                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     32218                FL                           JACKSONVILLE                             Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     33026                FL                          PEMBROKE PINES                              Townhouse                              6.8750                           0.5000            0.0000             0.0065              0.0000
     49091                MI                             STURGIS                                Single Family                           10.6250                           0.5000            0.0000             0.0065              0.0000
     45238                OH                            CINCINNATI                              Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     34481                FL                              OCALA                                      PUD                                 7.3730                           0.5000            0.0000             0.0065              0.0000
     19149                PA                           PHILADELPHIA                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     37920                TN                            KNOXVILLE                               Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     32177                FL                             PALATKA                                Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     28805                NC                            ASHEVILLE                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     45231                OH                            CINCINNATI                              Single Family                            9.1250                           0.5000            0.0000             0.0065              0.0000
     18505                PA                             SCRANTON                                2-4 Family                              9.8750                           0.5000            0.0000             0.0065              0.0000
     29680                SC                           SIMPSONVILLE                             Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     37129                TN                           MURFREESBORO                                  PUD                                 9.7000                           0.5000            0.0000             0.0065              0.0000
     49004                MI                            KALAMAZOO                               Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     48442                MI                              HOLLY                                 Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     49022                MI                          BENTON HARBOR                             Single Family                            6.9900                           0.5000            0.0000             0.0065              0.0000
     46617                IN                            SOUTH BEND                              Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     94565                CA                            PITTSBURG                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     84084                UT                           WEST JORDAN                              Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     1109                 MA                           SPRINGFIELD                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     85027                AZ                             PHOENIX                                Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     60624                IL                             CHICAGO                                 2-4 Family                              9.5000                           0.5000            0.0000             0.0065              0.0000
     49417                MI                           GRAND HAVEN                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     48504                MI                              FLINT                                 Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     85302                AZ                             GLENDALE                               Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     46123                IN                               AVON                                      PUD                                 8.4000                           0.5000            0.0000             0.0065              0.0000
     48101                MI                            ALLEN PARK                              Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     32725                FL                             DELTONA                                Single Family                            8.3750                           0.5000            0.0000             0.0065              0.0000
     89506                NV                               RENO                                 Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     50561                IA                              LYTTON                                Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     60452                IL                            OAK FOREST                               Condominium                             9.7500                           0.5000            0.0000             0.0065              0.0000
     48180                MI                              TAYLOR                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     53511                WI                              BELOIT                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     61065                IL                           POPLAR GROVE                                  PUD                                11.2500                           0.5000            0.0000             0.0065              0.0000
     48912                MI                             LANSING                                Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     80219                CO                              DENVER                                Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     6108                 CT                          EAST HARTFORD                               Townhouse                             11.1250                           0.5000            0.0000             0.0065              0.0000
     85339                AZ                              LAVEEN                                     PUD                                 9.3750                           0.5000            0.0000             0.0065              0.0000
     67216                KS                             WICHITA                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     49015                MI                           BATTLE CREEK                             Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     80216                CO                              DENVER                                Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     48035                MI                           CLINTON TWP.                             Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     41015                KY                           TAYLOR MILL                              Single Family                            6.7500                           0.5000            0.0000             0.0065              0.0000
     31805                GA                             CUSSETA                                Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     61412                IL                              ALEXIS                                Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     95348                CA                              MERCED                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     3442                 NH                            Bennington                              Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     55014                MN                              Blaine                                     PUD                                 8.7750                           0.5000            0.0000             0.0065              0.0000
     33936                FL                           LEHIGH ACRES                             Single Family                            8.1500                           0.5000            0.0000             0.0065              0.0000
     33319                FL                             TAMARAC                                     PUD                                 9.4500                           0.5000            0.0000             0.0065              0.0000
     33319                FL                             TAMARAC                                     PUD                                12.0000                           0.5000            0.0000             0.0065              0.0000
     30127                GA                          Powder Springs                            Single Family                            9.6450                           0.5000            0.0000             0.0065              0.0000
     30291                GA                            Union City                              Single Family                           10.9000                           0.5000            0.0000             0.0065              0.0000
     30127                GA                          Powder Springs                            Single Family                            8.8600                           0.5000            0.0000             0.0065              0.0000
     30067                GA                             Marietta                               Single Family                            9.6800                           0.5000            0.0000             0.0065              0.0000
     36110                AL                            Montgomery                              Single Family                           10.6500                           0.5000            0.0000             0.0065              0.0000
     30011                GA                              Auburn                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     55412                MN                           Minneapolis                              Single Family                            8.0750                           0.5000            0.0000             0.0065              0.0000
     22192                VA                            Woodbridge                                   PUD                                 8.6250                           0.5000            0.0000             0.0065              0.0000
     55122                MN                              Eagan                                 Single Family                            8.0750                           0.5000            0.0000             0.0065              0.0000
     23503                VA                             NORFOLK                                Single Family                            9.3750                           0.5000            0.0000             0.0065              0.0000
     19428                PA                           CONSHOHOCKEN                             Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     22191                VA                            WOODBRIDGE                              Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     89108                NV                            LAS VEGAS                               Single Family                            7.0500                           0.5000            0.0000             0.0065              0.0000
     20707                MD                              LAUREL                                     PUD                                 8.1250                           0.5000            0.0000             0.0065              0.0000
     89108                NV                            LAS VEGAS                               Single Family                            7.2500                           0.5000            0.0000             0.0065              0.0000
     92308                CA                           Apple Valley                             Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     33065                FL                          CORAL SPRINGS                             Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     92504                CA                            RIVERSIDE                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     84067                UT                               ROY                                  Single Family                            9.9300                           0.5000            0.0000             0.0065              0.0000
     19960                DE                             LINCOLN                                Single Family                           10.3250                           0.5000            0.0000             0.0065              0.0000
     98335                WA                            GIG HARBOR                              Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     90250                CA                            HAWTHORNE                               Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     77379                TX                              SPRING                                Single Family                            7.9000                           0.5000            0.0000             0.0065              0.0000
     48118                MI                             Chelsea                                Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     43204                OH                             Columbus                               Single Family                            9.2300                           0.5000            0.0000             0.0065              0.0000
     43537                OH                              Maumee                                Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     44312                OH                              Akron                                 Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     43228                OH                             Columbus                               Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     33023                FL                            Hollywood                               Single Family                           10.1250                           0.5000            0.0000             0.0065              0.0000
     45879                OH                             Paulding                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     32818                FL                             Orlando                                Single Family                            7.9500                           0.5000            0.0000             0.0065              0.0000
     33014                FL                             Hialeah                                Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     17038                PA                            JONESTOWN                               Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     38134                TN                             MEMPHIS                                Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     70506                LA                            LAFAYETTE                               Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     77070                TX                             HOUSTON                                Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     17113                PA                             STEELTN                                Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     91354                CA                          SANTA CLARITA                             Single Family                           11.8750                           0.5000            0.0000             0.0065              0.0000
     11236                NY                             BROOKLYN                                2-4 Family                              9.3200                           0.5000            0.0000             0.0065              0.0000
     10469                NY                              BRONX                                 Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     60626                IL                             CHICAGO                                 Condominium                            11.7500                           0.5000            0.0000             0.0065              0.0000
     27406                NC                            GREENSBORO                              Single Family                           12.7500                           0.5000            0.0000             0.0065              0.0000
     22936                VA                           EARLYSVILLE                              Single Family                            9.3000                           0.5000            0.0000             0.0065              0.0000
     46408                IN                               GARY                                 Single Family                           10.5000                           0.5000            0.0000             0.0065              0.0000
     63771                MO                               ORAN                                 Single Family                           10.3500                           0.5000            0.0000             0.0065              0.0000
     63366                MO                             O'FALLON                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     36116                AL                            MONTGOMERY                              Single Family                           14.5000                           0.5000            0.0000             0.0065              0.0000
     28747                NC                           LAKE TOXAWAY                             Single Family                           11.3000                           0.5000            0.0000             0.0065              0.0000
     45381                OH                         WEST ALEXANDRIA                            Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     29118                SC                            ORANGEBURG                              Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     17402                PA                               YORK                                 Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     83704                ID                              BOISE                                  Condominium                            12.5000                           0.5000            0.0000             0.0065              0.0000
     2909                 RI                            PROVIDENCE                              Single Family                            8.6500                           0.5000            0.0000             0.0065              0.0000
     33919                FL                            FORT MYERS                               Condominium                             8.0250                           0.5000            0.0000             0.0065              0.0000
     33919                FL                            FORT MYERS                               Condominium                            13.8750                           0.5000            0.0000             0.0065              0.0000
     46350                IN                             LA PORTE                               Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     74017                OK                            CLAREMORE                               Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     21230                MD                            BALTIMORE                               Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     90032                CA                           LOS ANGELES                              Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     46350                IN                             LA PORTE                               Single Family                           10.5950                           0.5000            0.0000             0.0065              0.0000
     54901                WI                             OSHKOSH                                Single Family                           12.9000                           0.5000            0.0000             0.0065              0.0000
     92335                CA                             FONTANA                                Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     18466                PA                            TOBYHANNA                               Single Family                           11.1000                           0.5000            0.0000             0.0065              0.0000
     98277                WA                            OAK HARBOR                              Single Family                            8.3250                           0.5000            0.0000             0.0065              0.0000
     48043                MI                          MOUNT CLEMENS                             Single Family                            9.8500                           0.5000            0.0000             0.0065              0.0000
     48023                MI                               IRA                                  Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     28269                NC                            CHARLOTTE                                    PUD                                10.2500                           0.5000            0.0000             0.0065              0.0000
     8009                 NJ                              BERLIN                                Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     1376                 MA                          TURNERS FALLS                             Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000
     45714                OH                              BELPRE                                Single Family                           10.8750                           0.5000            0.0000             0.0065              0.0000
     33907                FL                            FORT MYERS                               2-4 Family                              8.8250                           0.5000            0.0000             0.0065              0.0000
     48314                MI                         STERLING HEIGHT                            Single Family                            9.5750                           0.5000            0.0000             0.0065              0.0000
     30127                GA                          POWDER SPRINGS                            Single Family                           12.0700                           0.5000            0.0000             0.0065              0.0000
     78223                TX                           SAN ANTONIO                              Single Family                           10.3250                           0.5000            0.0000             0.0065              0.0000
     78223                TX                           SAN ANTONIO                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     45840                OH                             FINDLAY                                Single Family                            7.8300                           0.5000            0.0000             0.0065              0.0000
     19541                PA                            MOHRSVILLE                              Single Family                            9.6500                           0.5000            0.0000             0.0065              0.0000
     65802                MO                           SPRINGFIELD                              Single Family                           10.9900                           0.5000            0.0000             0.0065              0.0000
     32305                FL                            TALLAHASSE                              Single Family                            9.8250                           0.5000            0.0000             0.0065              0.0000
     32305                FL                            TALLAHASSE                              Single Family                           15.2500                           0.5000            0.0000             0.0065              0.0000
     55057                MN                            NORTHFIELD                              Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     28025                NC                             CONCORD                                Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     65714                MO                               NIXA                                 Single Family                            9.2000                           0.5000            0.0000             0.0065              0.0000
     60490                IL                           BOLINGBROOK                              Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     60557                IL                              WEDRON                                Single Family                            6.0000                           0.5000            0.0000             0.0065              0.0000
     85242                AZ                           QUEEN CREEK                                   PUD                                 9.0000                           0.5000            0.0000             0.0065              0.0000
     49286                MI                             TECUMSEH                               Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     65714                MO                               NIXA                                 Single Family                            8.9500                           0.5000            0.0000             0.0065              0.0000
     28215                NC                            CHARLOTTE                               Single Family                            8.4900                           0.5000            0.0000             0.0065              0.0000
     49330                MI                            KENT CITY                               Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     63114                MO                            ST. LOUIS                               Single Family                            9.4630                           0.5000            0.0000             0.0065              0.0000
     28215                NC                            CHARLOTTE                               Single Family                           12.5000                           0.5000            0.0000             0.0065              0.0000
     93277                CA                             Visalia                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     92377                CA                              RIALTO                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     97462                OR                             OAKLAND                                Single Family                            7.9900                           0.5000            0.0000             0.0065              0.0000
     23223                VA                             HENRICO                                Single Family                            8.7500                           0.5000            0.0000             0.0065              0.0000
     20784                MD                           Hyattsville                              Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     21202                MD                            BALTIMORE                               Single Family                            9.5500                           0.5000            0.0000             0.0065              0.0000
     20772                MD                             MARLBORO                                    PUD                                 7.4000                           0.5000            0.0000             0.0065              0.0000
     22192                VA                           WOOD BRIDGE                                   PUD                                 9.6200                           0.5000            0.0000             0.0065              0.0000
     22031                VA                             FAIRFAX                                 Condominium                             8.2050                           0.5000            0.0000             0.0065              0.0000
     21225                MD                            BALTIMORE                                 Townhouse                              9.9900                           0.5000            0.0000             0.0065              0.0000
     23832                VA                           CHESTERFIELD                             Single Family                           10.9200                           0.5000            0.0000             0.0065              0.0000
     85335                AZ                            El Mirage                               Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     55744                MN                           Grand Rapids                             Single Family                            8.8500                           0.5000            0.0000             0.0065              0.0000
     91405                CA                             VAN NUYS                                Condominium                             9.1500                           0.5000            0.0000             0.0065              0.0000
     91405                CA                             VAN NUYS                                Condominium                            11.2500                           0.5000            0.0000             0.0065              0.0000
     93703                CA                              FRESNO                                Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     90605                CA                             WHITTIER                               Single Family                            7.2000                           0.5000            0.0000             0.0065              0.0000
     89086                NV                         NORTH LAS VEGAS                                 PUD                                 9.4500                           0.5000            0.0000             0.0065              0.0000
     93720                CA                              FRESNO                                Single Family                           11.1500                           0.5000            0.0000             0.0065              0.0000
     92801                CA                             ANAHEIM                                Single Family                            6.3500                           0.5000            0.0000             0.0065              0.0000
     92880                CA                              CORONA                                Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     92880                CA                              CORONA                                Single Family                           12.0500                           0.5000            0.0000             0.0065              0.0000
     93657                CA                              SANGER                                Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     93657                CA                              SANGER                                Single Family                           11.2500                           0.5000            0.0000             0.0065              0.0000
     90601                CA                             WHITTIER                               Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     92240                CA                        DESERT HOT SPRINGS                          Single Family                           12.2000                           0.5000            0.0000             0.0065              0.0000
     92203                CA                              INDIO                                 Single Family                            7.9150                           0.5000            0.0000             0.0065              0.0000
     92203                CA                              INDIO                                 Single Family                           11.7500                           0.5000            0.0000             0.0065              0.0000
     91042                CA                             TUJUNGA                                Single Family                            6.5000                           0.5000            0.0000             0.0065              0.0000
     91401                CA                             VAN NUYS                               Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     91401                CA                             VAN NUYS                               Single Family                           11.3500                           0.5000            0.0000             0.0065              0.0000
     92833                CA                            FULLERTON                                Condominium                             7.2000                           0.5000            0.0000             0.0065              0.0000
     99206                WA                          SPOKANE VALLEY                            Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     92879                CA                              CORONA                                Single Family                            6.7000                           0.5000            0.0000             0.0065              0.0000
     33462                FL                             ATLANTIS                               Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     23223                VA                             EAST END                               Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     53220                WI                            GREENFIELD                              Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     92411                CA                          San Bernardino                            Single Family                            7.6250                           0.5000            0.0000             0.0065              0.0000
     46031                IN                             Atlanta                                Single Family                            9.0350                           0.5000            0.0000             0.0065              0.0000
     89120                NV                            Las Vegas                                Condominium                             9.2250                           0.5000            0.0000             0.0065              0.0000
     46224                IN                           Indianapolis                             Single Family                            8.7400                           0.5000            0.0000             0.0065              0.0000
     95973                CA                              CHICO                                 Single Family                           10.0500                           0.5000            0.0000             0.0065              0.0000
     31904                GA                             Columbus                               Single Family                           10.8000                           0.5000            0.0000             0.0065              0.0000
     56007                MN                            Albert Lea                              Single Family                            9.8000                           0.5000            0.0000             0.0065              0.0000
     33185                FL                              Miami                                 Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     36535                AL                              FOLEY                                 Single Family                            8.2000                           0.5000            0.0000             0.0065              0.0000
     33313                FL                         FORT LAUDERDALE                              Townhouse                             10.0000                           0.5000            0.0000             0.0065              0.0000
     40219                KY                            LOUISVILLE                              Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     30507                GA                           Gainesville                              Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     3865                 NH                             Plaistow                               Single Family                            8.4000                           0.5000            0.0000             0.0065              0.0000
     44221                OH                          Cuyahoga Falls                            Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     66102                KS                           Kansas City                              Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     47970                IN                            Otterbein                               Single Family                            9.3500                           0.5000            0.0000             0.0065              0.0000
     53218                WI                            Milwaukee                               Single Family                            8.9900                           0.5000            0.0000             0.0065              0.0000
     63109                MO                           Saint Louis                              Single Family                            9.7000                           0.5000            0.0000             0.0065              0.0000
     45140                OH                             Loveland                               Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     33755                FL                            Clearwater                              Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     44109                OH                            Cleveland                                2-4 Family                              8.6000                           0.5000            0.0000             0.0065              0.0000
     66223                KS                          Overland Park                                  PUD                                 9.9900                           0.5000            0.0000             0.0065              0.0000
     64130                MO                           Kansas City                              Single Family                            9.0000                           0.5000            0.0000             0.0065              0.0000
     46241                IN                           Indianapolis                             Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     19001                PA                             ABINGTON                               Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     77480                TX                              Sweeny                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     14701                NY                            JAMESTOWN                               Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     76651                TX                              Italy                                 Single Family                           10.5500                           0.5000            0.0000             0.0065              0.0000
     85607                AZ                             Douglas                                Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     93725                CA                              Fresno                                Single Family                            7.5000                           0.5000            0.0000             0.0065              0.0000
     92509                CA                            RIVERSIDE                               Single Family                            7.7500                           0.5000            0.0000             0.0065              0.0000
     36567                AL                           ROBERTSDALE                              Single Family                            9.7500                           0.5000            0.0000             0.0065              0.0000
     6705                 CT                            WATERBURY                               Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     32809                FL                             Orlando                                     PUD                                 8.4800                           0.5000            0.0000             0.0065              0.0000
     33880                FL                           WINTER HAVEN                             Single Family                            9.2500                           0.5000            0.0000             0.0065              0.0000
     85301                AZ                             GLENDALE                                    PUD                                 7.9750                           0.5000            0.0000             0.0065              0.0000
     85301                AZ                             GLENDALE                                    PUD                                12.3500                           0.5000            0.0000             0.0065              0.0000
     19023                PA                              Darby                                   Townhouse                             11.4000                           0.5000            0.0000             0.0065              0.0000
     19141                PA                              Phila                                   Townhouse                             10.4000                           0.5000            0.0000             0.0065              0.0000
     42724                KY                             Cecilia                                Single Family                           10.7500                           0.5000            0.0000             0.0065              0.0000
     63135                MO                           SAINT LOUIS                              Single Family                            9.3300                           0.5000            0.0000             0.0065              0.0000
     85027                AZ                            NEW RIVER                               Single Family                            7.6000                           0.5000            0.0000             0.0065              0.0000
     75115                TX                              DESOTO                                Single Family                            8.8250                           0.5000            0.0000             0.0065              0.0000
     49203                MI                             Jackson                                 2-4 Family                             10.4800                           0.5000            0.0000             0.0065              0.0000
     29405                SC                         North Charleston                           Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     32805                FL                             Orlando                                Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     3588                 NH                              Milan                                 Single Family                            8.5100                           0.5000            0.0000             0.0065              0.0000
     32805                FL                             Orlando                                Single Family                           12.6500                           0.5000            0.0000             0.0065              0.0000
     63138                MO                           Saint Louis                              Single Family                           10.0000                           0.5000            0.0000             0.0065              0.0000
     29445                SC                           Goose Creek                                   PUD                                 9.2000                           0.5000            0.0000             0.0065              0.0000
     19121                PA                           Philadelphia                             Single Family                           10.8400                           0.5000            0.0000             0.0065              0.0000
     38106                TN                             Memphis                                Single Family                           11.1100                           0.5000            0.0000             0.0065              0.0000
     18045                PA                              Easton                                Single Family                            8.0000                           0.5000            0.0000             0.0065              0.0000
     33901                FL                            FORT MYERS                              Single Family                            8.4500                           0.5000            0.0000             0.0065              0.0000
     33901                FL                            FORT MYERS                              Single Family                           12.4900                           0.5000            0.0000             0.0065              0.0000
     31405                GA                             Savannah                                    PUD                                 8.3750                           0.5000            0.0000             0.0065              0.0000
     48124                MI                             DEARBORN                               Single Family                            9.6250                           0.5000            0.0000             0.0065              0.0000
     85338                AZ                             Goodyear                                    PUD                                 7.6250                           0.5000            0.0000             0.0065              0.0000
     43147                OH                           Pickerington                             Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     46219                IN                           Indianapolis                             Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     46060                IN                           Noblesville                              Single Family                            8.8000                           0.5000            0.0000             0.0065              0.0000
     48341                MI                             Pontiac                                Single Family                           10.1000                           0.5000            0.0000             0.0065              0.0000
     32824                FL                             Orlando                                     PUD                                 8.9000                           0.5000            0.0000             0.0065              0.0000
     43231                OH                             Columbus                               Single Family                            9.9000                           0.5000            0.0000             0.0065              0.0000
     30126                GA                             Mableton                               Single Family                            7.8000                           0.5000            0.0000             0.0065              0.0000
     30126                GA                             Mableton                               Single Family                           13.1500                           0.5000            0.0000             0.0065              0.0000
     98391                WA                           Bonney Lake                                   PUD                                 9.7000                           0.5000            0.0000             0.0065              0.0000
     47451                IN                             OOLITIC                                Single Family                           10.2000                           0.5000            0.0000             0.0065              0.0000
     2169                 MA                              Quincy                                Single Family                            8.6250                           0.5000            0.0000             0.0065              0.0000
     33610                FL                              Tampa                                 Single Family                            8.5500                           0.5000            0.0000             0.0065              0.0000
     33610                FL                              Tampa                                 Single Family                           12.1000                           0.5000            0.0000             0.0065              0.0000
     22485                VA                           KING GEORGE                              Single Family                            8.2500                           0.5000            0.0000             0.0065              0.0000
     33020                FL                            HOLLYWOOD                                Condominium                             8.9900                           0.5000            0.0000             0.0065              0.0000
     45231                OH                            Cincinnati                              Single Family                            9.8750                           0.5000            0.0000             0.0065              0.0000
     20851                MD                            ROCKVILLE                               Single Family                            7.3750                           0.5000            0.0000             0.0065              0.0000
     85085                AZ                             Phoenix                                     PUD                                10.2500                           0.5000            0.0000             0.0065              0.0000
     45230                OH                            Cincinnati                              Single Family                            9.4500                           0.5000            0.0000             0.0065              0.0000
     45236                OH                            Cincinnati                              Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     74873                OK                             TECUMSEH                               Single Family                           11.0000                           0.5000            0.0000             0.0065              0.0000
     85306                AZ                             Glendale                               Single Family                           10.7000                           0.5000            0.0000             0.0065              0.0000
     68118                NE                              Omaha                                 Single Family                            8.9000                           0.5000            0.0000             0.0065              0.0000
     52240                IA                            Iowa City                               Single Family                            9.9900                           0.5000            0.0000             0.0065              0.0000
     53121                WI                             Elkhorn                                Single Family                            9.5000                           0.5000            0.0000             0.0065              0.0000
     37064                TN                             Franklin                                Condominium                            13.2500                           0.5000            0.0000             0.0065              0.0000
     45415                OH                              Dayton                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     63122                MO                           Saint Louis                              Single Family                            9.1000                           0.5000            0.0000             0.0065              0.0000
     73089                OK                              Tuttle                                Single Family                           10.4000                           0.5000            0.0000             0.0065              0.0000
     17078                PA                             Palmyra                                Single Family                            9.9500                           0.5000            0.0000             0.0065              0.0000
     48223                MI                             Detroit                                Single Family                            7.7000                           0.5000            0.0000             0.0065              0.0000
     43140                OH                              London                                Single Family                            9.4000                           0.5000            0.0000             0.0065              0.0000
     53216                WI                            Milwaukee                               Single Family                           13.1500                           0.5000            0.0000             0.0065              0.0000
     97222                OR                            Milwaukie                               Single Family                            8.5000                           0.5000            0.0000             0.0065              0.0000

   ZIP_CODE                   CURRENT_NET_COUPON                     MATURITY_DATE                   STATED_ORIGINAL_TERM                      STATED_REM_TERM                    ORIGINAL_BALANCE                  FIRST_PAY_DATE                PAYMENT
   --------                   ------------------                     -------------                   --------------------                      ---------------                    ----------------                  --------------                -------
     89032                          11.4935                            20210301                               360                                    175                                                 49,394.00     20060401                          508.07
     30135                          13.5935                            20210401                               360                                    176                                                 46,300.00     20060501                          552.26
     14207                          9.7685                             20360101                               360                                    353                                                 36,800.00     20060201                          330.45
     89166                          6.8685                             20360301                               360                                    355                                              304,000.00       20060401                        1,868.33
     29910                          8.0735                             20360401                               360                                    356                                               154,974.00      20060501                        1,200.42
     29910                          10.7235                            20360401                               360                                    356                                                 38,743.60     20060501                           375.71
     48204                          9.4685                             20360201                               360                                    354                                                 73,800.00     20060301                          646.28
     92503                          9.7435                             20360501                               360                                    357                                              275,000.00       20060601                       2,389.25
     85204                          8.3435                             20360701                               360                                    359                                               150,000.00      20060801                         1,106.26
     37803                          8.9935                             20351201                               360                                    352                                              202,500.00       20060101                         1,603.13
     70815                          9.0435                             20351201                               180                                    352                                                 80,750.00     20060101                           681.94
     33607                          8.0635                             20351101                               360                                    351                                               122,500.00      20051201                          948.00
     19713                          7.4235                             20360501                               360                                    357                                               175,200.00      20060601                        1,277.02
     92557                          7.4435                             20360601                               360                                    358                                              324,000.00       20060701                         2,146.51
     92557                          11.5185                            20360601                               360                                    358                                                  81,000.00    20060701                          834.74
     49448                          7.6435                             20360101                               360                                    353                                                114,750.00     20060201                          854.02
     27526                          8.5935                             20360101                               360                                    353                                                  81,900.00    20060201                          664.89
     46747                          7.5435                             20360201                               360                                    354                                               152,000.00      20060301                         1,120.63
     75056                          10.0085                            20360601                               360                                    358                                               134,300.00      20060701                         1,230.01
     32962                          10.0135                            20360501                               360                                    357                                              207,000.00       20060601                         1,896.61
     39759                          8.3435                             20350901                               360                                    349                                                 80,000.00     20051001                          635.08
     77316                          8.4935                             20360201                               360                                    354                                                 60,000.00     20060301                          482.77
     93622                          6.4935                             20360101                               360                                    353                                               150,000.00      20060201                          875.00
     3878                           9.5085                             20360601                               360                                    358                                               221,000.00      20060701                         1,941.89
     34120                          9.6935                             20360601                               360                                    358                                               185,000.00      20060701                        1,572.50
     93552                          7.2435                             20360501                               360                                    357                                              272,000.00       20060601                        1,756.67
     93552                          11.6185                            20210501                               360                                    177                                                 68,000.00     20060601                           706.01
     65202                          6.9735                             20360601                               360                                    358                                                117,600.00     20060701                          820.67
     74029                          10.4835                            20360601                               360                                    358                                                 50,000.00     20060701                          457.92
     46036                          8.9435                             20360401                               360                                    356                                                  81,000.00    20060501                           678.14
     46011                          9.2435                             20360401                               360                                    356                                                 78,000.00     20060501                           670.15
     29732                          8.3835                             20360401                               360                                    356                                                 111,200.00    20060501                          885.96
     45238                          7.1185                             20360601                                                                      358                                               165,904.00      20060701                         1,174.26
     45238                          11.6185                            20360601                                                                      358                                                  41,476.00    20060701                          430.62
     89031                          6.5135                             20360601                                                                      358                                              240,000.00       20060701                        1,599.96
     89031                          9.8735                             20360601                                                                      358                                                 45,000.00     20060701                           407.61
     27104                          11.0435                            20360101                                                                      353                                                  31,000.00    20060201                           308.18
     76374                          6.7435                             20351101                                                                      351                                                 63,200.00     20051201                            431.14
     92154                          6.7435                             20351201                                                                      352                                               391,000.00      20060101                       2,362.29
     91340                          5.9435                             20351201                                                                      352                                              352,800.00       20060101                        1,896.30
     98674                          9.3685                             20360401                                                                      356                                               153,000.00      20060501                        1,259.06
     42413                          7.4435                             20351201                                                                      352                                               120,000.00      20060101                          876.34
     39648                          8.1435                             20351101                                                                      351                                                  61,500.00    20051201                          479.44
     8102                           8.6935                             20360401                                                                      356                                                 52,400.00     20060501                           429.18
     30288                          7.3935                             20360401                                                                      356                                               221,620.00      20060501                        1,524.34
     19144                          7.7935                             20360301                                                                      355                                              247,000.00       20060401                        1,864.32
     77026                          8.7935                             20360401                                                                      356                                                  61,200.00    20060501                          505.70
     7111                           7.4835                             20360401                                                                      356                                               216,750.00      20060501                         1,443.19
     62208                          6.9635                             20360401                                                                      356                                                 97,750.00     20060501                           681.48
     23002                          8.4935                             20360401                                                                      356                                               138,400.00      20060501                        1,067.56
     45044                          10.7935                            20360401                                                                      356                                                 25,600.00     20060501                          249.62
     29906                          12.1935                            20360401                                                                      356                                                 26,200.00     20060501                          283.69
     43608                          8.6935                             20360401                                                                      356                                                 79,900.00     20060501                          654.42
     49028                          9.0935                             20360401                                                                      356                                                 83,300.00     20060501                          706.52
     29115                          9.8435                             20360401                                                                      356                                                 60,800.00     20060501                          549.35
     73150                          7.9935                             20360401                                                                      356                                                 64,000.00     20060501                           492.10
     43078                          7.4835                             20360301                                                                      355                                              260,000.00       20060401                          1,731.17
     98201                          6.9435                             20360301                                                                      355                                              272,000.00       20060401                         1,779.91
     60619                          6.9435                             20360401                                                                      356                                              249,600.00       20060501                        1,736.70
     43110                          8.3435                             20360401                                                                      356                                                 76,500.00     20060501                           581.27
     30060                          7.1685                             20360401                                                                      356                                                  61,792.00    20060501                           414.65
     43138                          7.4835                             20360401                                                                      356                                                  91,000.00    20060501                          667.09
     73169                          8.9935                             20360401                                                                      356                                                 88,000.00     20060501                          739.95
     43615                          7.4435                             20360401                                                                      356                                                 70,400.00     20060501                            514.12
     63136                          9.6935                             20360401                                                                      356                                                 65,600.00     20060501                           585.41
     16146                          8.4435                             20360401                                                                      356                                                 42,500.00     20060501                          340.44
     77014                          7.5935                             20360401                                                                      356                                               109,200.00      20060501                          808.90
     21218                          7.9935                             20360401                                                                      356                                               160,000.00      20060501                        1,230.26
     77055                          9.3435                             20360401                                                                      356                                                 46,394.00     20060501                           402.01
     73109                          8.7435                             20360401                                                                      356                                                 53,520.00     20060501                          440.30
     16214                          7.5235                             20360401                                                                      356                                                 52,000.00     20060501                          382.65
     91945                          5.9435                             20360301                                                                      355                                              340,000.00       20060401                        1,978.45
     55347                          6.9435                             20360301                                                                      355                                              344,000.00       20060401                        2,135.36
     43506                          9.9435                             20360401                                                                      356                                                 23,200.00     20060501                            211.35
     30019                          6.7935                             20360401                                                                      356                                               136,000.00      20060501                          874.94
     45840                          8.7935                             20360301                                                                      355                                               139,500.00      20060401                         1,152.69
     78957                          8.6935                             20210301                                                                      175                                                 45,000.00     20060401                           461.79
     85016                          6.4435                             20360401                                                                      356                                               176,000.00      20060501                        1,087.33
     95207                          7.0435                             20360301                                                                      355                                              272,000.00       20060401                         1,800.01
     77028                          8.6935                             20360401                                                                      356                                                   51,193.00   20060501                           419.30
     49345                          6.3935                             20360401                                                                      356                                                  91,400.00    20060501                           601.96
     48219                          8.4835                             20360401                                                                      356                                                  71,250.00    20060501                          572.78
     37055                          8.4835                             20260401                                                                      236                                                 74,000.00     20060501                          665.32
     75007                          7.9935                             20360401                                                                      356                                               134,383.00      20060501                        1,033.29
     22306                          8.3435                             20360301                                                                      355                                              230,000.00       20060401                        1,825.86
     73772                          10.9435                            20260401                                                                      236                                                 37,500.00     20060501                          398.62
     16602                          6.3435                             20360301                                                                      355                                                  51,920.00    20060401                           340.21
     77414                          8.6935                             20360301                                                                      355                                                103,187.00     20060401                           845.16
     85033                          8.4935                             20360301                                                                      355                                               160,000.00      20060401                        1,287.40
     98501                          7.3935                             20360401                                                                      356                                              227,800.00       20060501                        1,566.85
     98203                          7.9935                             20360301                                                                      355                                              250,200.00       20060401                        1,834.20
     73142                          7.3935                             20360301                                                                      355                                                 89,600.00     20060401                           651.22
     43140                          7.9935                             20360401                                                                      356                                              376,000.00       20060501                          2,891.11
     64134                          8.9935                             20360401                                                                      356                                                 80,750.00     20060501                          678.99
     78596                          10.5435                            20210401                                                                      176                                                  16,900.00    20060501                           192.62
     17024                          7.6435                             20360401                                                                      356                                               261,000.00      20060501                        1,942.49
     63031                          8.6935                             20360301                                                                      355                                               130,500.00      20060401                        1,068.87
     91331                          6.9935                             20360301                                                                      355                                              388,000.00       20060401                       2,425.00
     30224                          7.4835                             20360401                                                                      356                                               139,450.00      20060501                          968.57
     43081                          5.8935                             20360301                                                                      355                                               100,000.00      20060401                          578.35
     15623                          8.6935                             20210401                                                                      176                                                  16,770.00    20060501                           137.36
     8861                           7.5435                             20360401                                                                      356                                              289,000.00       20060501                        2,130.66
     72764                          6.9935                             20360301                                                                      355                                               125,600.00      20060401                           878.21
     48223                          9.6435                             20360401                                                                      356                                              259,200.00       20060501                       2,303.45
     89031                          7.2335                             20360401                                                                      356                                              290,400.00       20060501                        1,962.74
     45225                          7.5435                             20360301                                                                      355                                                 67,500.00     20060401                          497.65
     63031                          7.7435                             20360301                                                                      355                                                118,800.00     20060401                          892.50
     37806                          9.9435                             20360401                                                                      356                                                 111,600.00    20060501                         1,016.68
     77801                          9.2735                             20360401                                                                      356                                                 58,500.00     20060501                          486.66
     40070                          7.0435                             20360301                                                                      355                                                 57,000.00     20060401                           400.51
     30274                          7.9935                             20360401                                                                      356                                                 93,600.00     20060501                           719.70
     45238                          6.3935                             20360301                                                                      355                                               104,000.00      20060401                          638.75
     77084                          7.4685                             20360301                                                                      355                                                 96,792.00     20060401                          708.54
     45002                          7.3935                             20360301                                                                      355                                                119,200.00     20060401                           819.88
     63112                          8.6935                             20360301                                                                      355                                                 74,765.00     20060401                           612.37
     98632                          6.7435                             20360301                                                                      355                                               104,000.00      20060401                          709.46
     75401                          7.6935                             20260401                                                                      236                                                 95,988.00     20060501                           814.87
     45205                          7.0435                             20360301                                                                      355                                                 70,000.00     20060401                          463.24
     30274                          11.4435                            20360401                                                                      356                                                 23,400.00     20060501                          239.80
     45205                          7.9935                             20360301                                                                      355                                                117,300.00     20060401                           901.94
     85208                          7.0435                             20360401                                                                      356                                              232,000.00       20060501                        1,535.30
     16133                          8.8435                             20360301                                                                      355                                                 87,500.00     20060401                           726.19
     63111                          8.1435                             20360401                                                                      356                                               120,000.00      20060501                          935.48
     92407                          9.5935                             20360301                                                                      355                                               100,954.00      20060401                           893.41
     29640                          7.8935                             20360301                                                                      355                                                 90,000.00     20060401                          685.65
     77015                          7.0935                             20360401                                                                      356                                                 75,990.00     20060501                          536.55
     93638                          7.4835                             20360301                                                                      355                                              236,000.00       20060401                         1,639.16
     63111                          8.5435                             20360401                                                                      356                                               124,800.00      20060501                        1,008.66
     77520                          6.9935                             20160401                                                                      116                                                 66,392.00     20060501                          788.08
     43234                          8.1935                             20360401                                                                      356                                                 93,500.00     20060501                          732.23
     30157                          7.1935                             20360401                                                                      356                                                118,960.00     20060501                          800.48
     63366                          7.7935                             20360401                                                                      356                                              227,200.00       20060501                           1,631.11
     30707                          6.5935                             20360401                                                                      356                                                 65,600.00     20060501                          440.85
     73109                          12.6935                            20360401                                                                      356                                                  13,380.00    20060501                            150.10
     33016                          8.1935                             20360301                                                                      355                                               108,856.58      20060401                          852.49
     46628                          10.0935                            20360401                                                                      356                                                 35,000.00     20060501                          322.78
     95682                          7.3935                             20360301                                                                      355                                              424,000.00       20060401                       2,787.89
     98682                          7.1435                             20360301                                                                      355                                               164,000.00      20060401                        1,097.46
     89074                          6.4935                             20360401                                                                      356                                               179,200.00      20060501                          1,113.60
     93003                          7.2935                             20360401                                                                      356                                              539,720.00       20060501                        3,671.97
     76273                          8.5435                             20360301                                                                      355                                                 40,000.00     20060401                          323.29
     16101                          10.4935                            20360401                                                                      356                                               135,000.00      20060501                        1,285.64
     44060                          6.8435                             20360401                                                                      356                                                 95,000.00     20060501                          654.52
     40965                          6.8435                             20360401                                                                      356                                                 66,000.00     20060501                          454.72
     43611                          6.4435                             20360401                                                                      356                                                 96,540.00     20060501                          639.04
     46403                          9.6435                             20360401                                                                      356                                                 58,500.00     20060501                           519.88
     64109                          9.4935                             20360301                                                                      355                                                 52,000.00     20060401                          456.34
     41091                          7.4835                             20360401                                                                      356                                                 65,000.00     20060501                          476.49
     30180                          7.2935                             20360301                                                                      355                                                101,600.00     20060401                           691.23
     33160                          7.8935                             20360401                                                                      356                                                311,200.00     20060501                       2,370.84
     94572                          7.0435                             20360301                                                                      355                                              448,000.00       20060401                       2,964.72
     29420                          8.3435                             20360301                                                                      355                                               103,445.00      20060401                           821.20
     21060                          7.5935                             20360401                                                                      356                                               212,000.00      20060501                        1,570.39
     77396                          9.9835                             20210301                                                                      175                                                 28,000.00     20060401                          309.34
     77063                          9.6935                             20360401                                                                      356                                                  61,000.00    20060501                          544.36
     19551                          6.7435                             20360401                                                                      356                                               175,920.00      20060501                        1,200.08
     47359                          11.1435                            20360401                                                                      356                                                 50,400.00     20060501                          504.88
     21206                          7.9935                             20360401                                                                      356                                                117,500.00     20060501                          903.47
     77081                          7.1935                             20360301                                                                      355                                              244,760.00       20060401                        1,569.53
     43119                          6.6935                             20360401                                                                      356                                               106,000.00      20060501                           719.52
     42101                          8.6435                             20360301                                                                      355                                                 94,500.00     20060401                          770.59
     27803                          7.5435                             20360401                                                                      356                                                 67,200.00     20060501                          495.43
     29510                          7.6935                             20360401                                                                      356                                               108,000.00      20060501                          807.57
     77521                          7.1935                             20360301                                                                      355                                               137,600.00      20060401                           981.03
     73020                          8.4435                             20360301                                                                      355                                                 60,800.00     20060401                          487.02
     44705                          7.3935                             20360401                                                                      356                                                 78,000.00     20060501                           566.91
     19134                          9.5435                             20360301                                                                      355                                                 60,000.00     20060401                          528.76
     33032                          6.9435                             20360301                                                                      355                                              204,000.00       20060401                         1,419.42
     27537                          7.9435                             20360401                                                                      356                                               124,800.00      20060501                            910.16
     45036                          7.4435                             20360401                                                                      356                                               192,000.00      20060501                        1,327.80
     37227                          10.9935                            20210401                                                                      176                                                 24,600.00     20060501                          287.37
     45036                          9.5435                             20360401                                                                      356                                                 48,000.00     20060501                           423.01
     73018                          9.1935                             20360401                                                                      356                                                  51,300.00    20060501                          438.86
     60538                          8.7935                             20360401                                                                      356                                              246,800.00       20060501                        2,039.31
     80917                          6.4435                             20360401                                                                      356                                               188,000.00      20060501                          1,161.47
     8332                           9.7435                             20360401                                                                      356                                               185,000.00      20060501                        1,657.79
     15221                          8.9935                             20360401                                                                      356                                                 74,000.00     20060501                          622.23
     43612                          6.4835                             20360401                                                                      356                                               100,300.00      20060501                          666.62
     33617                          6.9435                             20360401                                                                      356                                                116,000.00     20060501                           807.12
     45011                          6.9935                             20360401                                                                      356                                              208,000.00       20060501                        1,368.79
     23075                          10.0935                            20210401                                                                      176                                                 25,600.00     20060501                          284.57
     60459                          9.6435                             20360401                                                                      356                                                 64,000.00     20060501                          568.75
     44706                          8.1935                             20360401                                                                      356                                                 44,200.00     20060501                           346.14
     45030                          8.4835                             20360401                                                                      356                                               123,250.00      20060501                          949.75
     20886                          7.2435                             20360401                                                                      356                                              295,200.00       20060501                        1,997.38
     15218                          9.9435                             20360401                                                                      356                                                 40,000.00     20060501                          364.40
     75703                          6.8935                             20360401                                                                      356                                               139,982.00      20060501                           969.21
     30736                          6.9435                             20360401                                                                      356                                                 92,000.00     20060501                            571.17
     73401                          9.8435                             20360401                                                                      356                                                  15,800.00    20060501                           142.76
     73401                          7.0435                             20360401                                                                      356                                                 63,200.00     20060501                          444.07
     34736                          7.5435                             20360401                                                                      356                                               127,000.00      20060501                           887.81
     48219                          7.2435                             20360401                                                                      356                                                 85,500.00     20060501                           612.53
     60426                          9.2935                             20360401                                                                      356                                                 96,900.00     20060501                          836.08
     80246                          8.0685                             20360401                                                                      356                                                 90,400.00     20060501                          645.98
     15221                          8.8235                             20360401                                                                      356                                                 42,000.00     20060501                          347.96
     20601                          7.3185                             20360401                                                                      356                                               184,000.00      20060501                        1,255.27
     32566                          8.6935                             20360401                                                                      356                                                 50,000.00     20060501                          409.53
     65802                          9.9135                             20360401                                                                      356                                                 66,600.00     20060501                          605.24
     64138                          7.9935                             20360401                                                                      356                                               158,000.00      20060501                         1,214.88
     27616                          7.6935                             20360401                                                                      356                                                117,720.00     20060501                          836.24
     40509                          6.6935                             20360401                                                                      356                                                 59,300.00     20060501                          402.52
     20781                          7.2435                             20360401                                                                      356                                              235,000.00       20060501                        1,590.06
     19348                          7.6935                             20360401                                                                      356                                              378,000.00       20060501                        2,826.51
     48214                          9.2935                             20360401                                                                      356                                                 49,500.00     20060501                           427.10
     62294                          7.6435                             20360401                                                                      356                                               249,100.00      20060501                        1,853.92
     15235                          7.2935                             20360401                                                                      356                                                 59,200.00     20060501                           426.16
     30144                          8.5435                             20360401                                                                      356                                              209,000.00       20060501                         1,689.19
     29485                          9.4935                             20360401                                                                      356                                                   21,100.00   20060501                            185.17
     30110                          10.3435                            20360401                                                                      356                                                 25,600.00     20060501                          240.90
     15143                          8.7435                             20360401                                                                      356                                               178,500.00      20060501                          1,411.33
     60101                          8.0435                             20360401                                                                      356                                               300,156.00      20060501                        2,318.58
     44087                          8.0435                             20360401                                                                      356                                               133,600.00      20060501                           951.90
     77085                          8.4835                             20360401                                                                      356                                               103,200.00      20060501                          829.63
     89408                          5.5435                             20360401                                                                      356                                              263,600.00       20060501                        1,459.56
     30297                          8.8935                             20360401                                                                      356                                                101,430.00     20060501                          845.49
     11216                          6.7435                             20360401                                                                      356                                              456,000.00       20060501                         3,110.72
     23063                          8.9935                             20360401                                                                      356                                               155,000.00      20060501                        1,255.60
     15209                          9.4435                             20360401                                                                      356                                                 40,000.00     20060501                          349.55
     63069                          9.6935                             20360401                                                                      356                                                  71,200.00    20060501                          635.38
     48205                          9.4935                             20360401                                                                      356                                                 53,600.00     20060501                          470.38
     75088                          8.3685                             20360401                                                                      356                                                 111,920.00    20060501                          890.49
     12603                          8.5435                             20360401                                                                      356                                               164,000.00      20060501                        1,325.49
     20110                          7.7935                             20360401                                                                      356                                              368,000.00       20060501                        2,641.95
     80233                          7.1935                             20360401                                                                      356                                               140,000.00      20060501                          898.33
     29456                          7.4935                             20360401                                                                      356                                                  81,600.00    20060501                          567.37
     20706                          12.1935                            20360401                                                                      356                                                 70,000.00     20060501                          757.96
     23324                          6.4435                             20360401                                                                      356                                               164,000.00      20060501                          949.83
     77396                          7.9235                             20360401                                                                      356                                                 98,843.00     20060501                           755.12
     75228                          6.6935                             20360401                                                                      356                                                 66,320.00     20060501                           450.17
     40211                          7.9435                             20360401                                                                      356                                                 48,000.00     20060501                          367.38
     46218                          9.2935                             20360401                                                                      356                                                  41,600.00    20060501                          358.94
     33025                          12.1935                            20360401                                                                      356                                                 60,000.00     20060501                          649.68
     64131                          7.8935                             20360601                                                                      358                                               173,225.00      20060701                         1,319.70
     37013                          10.1185                            20360501                                                                      357                                                114,950.00     20060601                        1,062.25
     85326                          7.5935                             20360601                                                                      358                                              274,702.00       20060701                       2,034.85
     34472                          10.3685                            20360601                                                                      358                                                 95,000.00     20060701                          895.75
     8049                           9.5435                             20360501                                                                      357                                               160,000.00      20060601                         1,410.03
     32828                          8.0285                             20360601                                                                      358                                              238,500.00       20060701                        1,696.34
     20646                          9.8835                             20360601                                                                      358                                                 96,000.00     20060701                          870.27
     19454                          9.2435                             20360501                                                                      357                                              344,000.00       20060601                       2,795.00
     19977                          8.8035                             20360601                                                                      358                                              263,920.00       20060701                       2,047.58
     8332                           8.1835                             20360601                                                                      358                                               138,000.00      20060701                        1,079.74
     8332                           11.4435                            20210601                                                                      178                                                 34,500.00     20060701                          353.54
     19141                          8.5435                             20360501                                                                      357                                                  58,410.00    20060601                          472.08
     34653                          6.1735                             20360601                                                                      358                                               135,000.00      20060701                          869.34
     92408                          8.2235                             20360501                                                                      357                                               351,000.00      20060601                        2,756.31
     11520                          9.3685                             20360501                                                                      357                                              338,400.00       20060601                       2,840.33
     11757                          6.3685                             20360101                                                                      353                                              368,000.00       20060201                        2,417.50
     11757                          11.4835                            20210101                                                                      173                                                 92,000.00     20060201                          945.62
     11691                          6.8685                             20360201                                                                      354                                              355,200.00       20060301                        2,182.95
     11691                          10.9935                            20210201                                                                      174                                                 88,800.00     20060301                          879.38
     11212                          11.2435                            20210401                                                                      176                                                 99,600.00     20060501                        1,005.37
     11212                          6.9685                             20360401                                                                      356                                              398,400.00       20060501                        2,481.70
     80015                          8.3685                             20360501                                                                      357                                              230,000.00       20060601                        1,752.03
     7104                           7.5185                             20360401                                                                      356                                              352,000.00       20060501                       2,588.99
     11706                          7.9435                             20360501                                                                      357                                               316,000.00      20060601                       2,304.57
     11706                          11.4935                            20210501                                                                      177                                                 79,000.00     20060601                           812.60
     11694                          8.0935                             20360501                                                                      357                                              500,000.00       20060601                       3,880.06
     11096                          7.3685                             20360401                                                                      356                                              305,280.00       20060501                       2,003.40
     11096                          11.4835                            20210401                                                                      176                                                 76,320.00     20060501                          784.45
     10466                          10.0685                            20360401                                                                      356                                              495,000.00       20060501                       4,555.74
     93534                          7.5785                             20360501                                                                      357                                              256,000.00       20060601                        1,724.80
     33558                          7.4935                             20360101                                                                      353                                                131,992.00     20060201                          879.95
     33558                          12.1185                            20210101                                                                      173                                                 32,998.00     20060201                          355.38
     33607                          8.6185                             20360401                                                                      356                                              202,500.00       20060501                        1,539.84
     33607                          8.6185                             20360501                                                                      357                                               158,320.00      20060601                        1,203.89
     33607                          11.2435                            20210501                                                                      177                                                 39,580.00     20060601                          399.52
     33542                          7.1185                             20360401                                                                      356                                              280,000.00       20060501                        1,868.52
     33542                          12.2435                            20210401                                                                      176                                                 70,000.00     20060501                          760.69
     29464                          8.8685                             20360401                                                                      356                                               154,000.00      20060501                         1,203.13
     29464                          12.7435                            20210401                                                                      176                                                 38,500.00     20060501                          433.42
     30060                          9.3685                             20201101                                                                      171                                                 28,400.00     20051201                           246.61
     55070                          9.1485                             20200701                                                                      167                                                 60,000.00     20050801                             511.31
     33711                          9.9935                             20360401                                                                      356                                               120,555.00      20060501                         1,071.22
     34758                          10.1185                            20360101                                                                      353                                               128,000.00      20060201                         1,182.84
     70809                          10.6185                            20201101                                                                      171                                                 75,000.00     20051201                           721.34
     55426                          8.2235                             20360601                                                                      358                                              229,500.00       20060701                        1,669.62
     89109                          8.7135                             20360601                                                                      358                                               172,500.00      20060701                        1,325.38
     19365                          6.9735                             20360501                                                                      357                                               142,500.00      20060601                          994.43
     18104                          8.5635                             20360501                                                                      357                                               134,995.00      20060601                         1,093.01
     33565                          9.1835                             20360501                                                                      357                                              360,000.00       20060601                       2,969.53
     46184                          12.8435                            20260401                                                                      236                                                  21,900.00    20060501                          262.05
     84108                          8.3735                             20360601                                                                      358                                               310,250.00      20060701                       2,364.53
     91766                          7.8935                             20360501                                                                      357                                              408,000.00       20060601                       2,960.03
     91766                          11.7435                            20360501                                                                      357                                                 76,500.00     20060601                           801.64
     93534                          8.7435                             20360501                                                                      357                                               323,100.00      20060601                       2,490.56
     95815                          7.6185                             20360501                                                                      357                                              242,250.00       20060601                        1,640.23
     92057                          7.2185                             20360501                                                                      357                                              284,000.00       20060601                          1,916.31
     8629                           9.3685                             20360401                                                                      356                                               148,000.00      20060501                         1,285.16
     8080                           9.4935                             20360401                                                                      356                                               190,650.00      20060501                        1,673.09
     7920                           9.2435                             20360401                                                                      356                                              589,900.00       20060501                        5,068.15
     7869                           8.4935                             20360401                                                                      356                                              470,250.00       20060501                       3,783.74
     7740                           7.6185                             20360501                                                                      357                                              364,500.00       20060601                       2,706.40
     19701                          9.1185                             20360401                                                                      356                                              266,000.00       20060501                       2,260.97
     8638                           8.8685                             20360501                                                                      357                                               147,250.00      20060601                        1,224.75
     7874                           7.3685                             20360401                                                                      356                                               158,000.00      20060501                          1,145.61
     19460                          8.8685                             20360501                                                                      357                                               178,000.00      20060601                         1,480.51
     37615                          8.6185                             20360501                                                                      357                                                119,000.00     20060601                          968.22
     63025                          8.1185                             20360401                                                                      356                                                170,100.00     20060501                        1,323.02
     18037                          9.4935                             20360401                                                                      356                                               189,900.00      20060501                         1,666.51
     21229                          10.8685                            20360401                                                                      356                                                101,000.00     20060501                          990.57
     7726                           9.3685                             20360501                                                                      357                                              260,000.00       20060601                        2,257.71
     7726                           9.3685                             20360501                                                                      357                                                112,000.00     20060601                          972.55
     20747                          9.3685                             20360401                                                                      356                                              305,000.00       20060501                       2,648.46
     21229                          7.8685                             20360401                                                                      356                                               100,000.00      20060501                          760.07
     19464                          8.9935                             20360401                                                                      356                                              397,000.00       20060501                        3,338.19
     19120                          8.7435                             20360501                                                                      357                                               142,400.00      20060601                          1,171.49
     19036                          7.9935                             20360501                                                                      357                                               148,500.00      20060601                          1,141.84
     16801                          6.9835                             20360401                                                                      356                                              408,000.00       20060501                       2,546.60
     33013                          7.1335                             20360501                                                                      357                                              280,000.00       20060601                         1,984.71
     33055                          7.2835                             20360501                                                                      357                                              248,000.00       20060601                        1,609.93
     53807                          8.9935                             20360401                                                                      356                                                 86,400.00     20060501                          726.50
     33060                          8.0335                             20360501                                                                      357                                                 75,000.00     20060601                           578.81
     34953                          8.2835                             20360501                                                                      357                                              244,050.00       20060601                        1,787.67
     33825                          9.4835                             20360501                                                                      357                                                 67,200.00     20060601                          589.23
     33155                          8.9835                             20360401                                                                      356                                              389,500.00       20060501                       3,272.29
     33147                          6.6835                             20360401                                                                      356                                                171,700.00     20060501                         1,164.32
     33012                          6.5835                             20360401                                                                      356                                               133,000.00      20060501                           892.91
     33309                          9.2335                             20360501                                                                      357                                              272,000.00       20060601                       2,207.65
     33155                          6.0435                             20360401                                                                      356                                              308,000.00       20060501                         1,956.91
     33919                          10.0935                            20360501                                                                      357                                              279,000.00       20060601                       2,573.00
     33463                          6.9835                             20360501                                                                      357                                               219,200.00      20060601                         1,368.17
     33313                          9.3935                             20360501                                                                      357                                                 85,000.00     20060601                          739.66
     33055                          8.0435                             20360501                                                                      357                                                110,000.00     20060601                           849.71
     33067                          7.0335                             20360401                                                                      356                                              384,000.00       20060501                         2,411.27
     33168                          6.6935                             20360401                                                                      356                                              229,500.00       20060501                        1,557.82
     33168                          6.7435                             20360401                                                                      356                                               213,600.00      20060501                         1,457.13
     33147                          10.4835                            20360501                                                                      357                                                 52,000.00     20060601                          494.82
     33014                          6.0335                             20360401                                                                      356                                              273,000.00       20060501                        1,732.73
     33167                          9.2335                             20360501                                                                      357                                               138,000.00      20060601                         1,184.62
     33936                          12.3335                            20210501                                                                      177                                                 48,650.00     20060601                          532.09
     33313                          9.0335                             20360501                                                                      357                                               145,800.00      20060601                        1,230.22
     32819                          8.3835                             20360501                                                                      357                                                161,950.00     20060601                        1,290.29
     33319                          9.3935                             20360501                                                                      357                                                 85,000.00     20060601                          739.66
     33165                          5.9335                             20360401                                                                      356                                               159,000.00      20060501                          998.72
     33176                          7.3435                             20360501                                                                      357                                                 95,000.00     20060601                           687.17
     33023                          8.3435                             20360501                                                                      357                                               157,600.00      20060601                           1,251.11
     33189                          7.6235                             20360501                                                                      357                                              274,550.00       20060601                       2,039.49
     32765                          6.9435                             20360501                                                                      357                                              248,800.00       20060601                         1,544.41
     33174                          6.4835                             20360501                                                                      357                                              200,000.00       20060601                        1,329.26
     33178                          8.4835                             20360501                                                                      357                                               351,000.00      20060601                       2,629.58
     2302                           10.6935                            20360501                                                                      357                                              295,000.00       20060601                       2,854.03
     33165                          5.9835                             20360501                                                                      357                                               281,600.00      20060601                        1,522.99
     33311                          6.8835                             20360501                                                                      357                                               157,600.00      20060601                          970.55
     33936                          7.3935                             20360501                                                                      357                                                191,900.00     20060601                         1,319.92
     32818                          7.3835                             20360501                                                                      357                                               132,000.00      20060601                          958.47
     33010                          7.1435                             20360501                                                                      357                                              306,000.00       20060601                           2,171.11
     34472                          8.7835                             20360501                                                                      357                                                147,100.00     20060601                         1,138.80
     34472                          8.7835                             20360501                                                                      357                                               146,300.00      20060601                          1,132.61
     33023                          9.0835                             20360501                                                                      357                                              205,000.00       20060601                        1,737.23
     33179                          8.3835                             20360501                                                                      357                                               139,500.00      20060601                           1,111.43
     33177                          6.4335                             20360501                                                                      357                                               221,000.00      20060601                         1,461.42
     33462                          12.6835                            20210501                                                                      177                                                 46,200.00     20060601                           517.93
     33309                          13.3835                            20210501                                                                      177                                                 68,000.00     20060601                          799.80
     16602                          10.9835                            20360501                                                                      357                                                 57,600.00     20060601                          569.97
     33155                          8.0435                             20360501                                                                      357                                              392,000.00       20060601                       2,793.00
     33412                          6.9435                             20360501                                                                      357                                              376,000.00       20060601                         2,616.19
     33136                          7.7335                             20360501                                                                      357                                               123,250.00      20060601                          925.07
     33012                          7.6435                             20360501                                                                      357                                              279,900.00       20060601                        1,977.75
     33186                          7.0335                             20360501                                                                      357                                               231,200.00      20060601                        1,622.92
     33407                          7.3335                             20360501                                                                      357                                                 96,000.00     20060601                          693.74
     33177                          7.2835                             20360501                                                                      357                                               216,000.00      20060601                        1,402.20
     15367                          6.1835                             20360501                                                                      357                                               136,000.00      20060601                          876.68
     33147                          6.9835                             20360501                                                                      357                                               192,000.00      20060601                         1,198.40
     33126                          7.0335                             20360501                                                                      357                                                171,200.00     20060601                         1,201.75
     33032                          7.4835                             20360501                                                                      357                                               215,950.00      20060601                        1,583.06
     33023                          7.7435                             20360501                                                                      357                                              223,200.00       20060601                        1,534.50
     16150                          9.1335                             20360501                                                                      357                                                 55,800.00     20060601                           474.91
     33068                          8.2935                             20360501                                                                      357                                               157,500.00      20060601                         1,190.70
     33024                          7.1435                             20360501                                                                      357                                              276,000.00       20060601                        1,846.94
     33025                          5.6335                             20360501                                                                      357                                               316,000.00      20060601                         1,616.87
     33016                          7.4835                             20360501                                                                      357                                                119,200.00     20060601                          873.82
     33907                          6.4835                             20360501                                                                      357                                               147,000.00      20060601                           977.01
     33178                          6.5335                             20360501                                                                      357                                              299,000.00       20060601                        1,997.29
     34434                          7.5835                             20360501                                                                      357                                              204,400.00       20060601                         1,512.66
     33415                          7.9435                             20360501                                                                      357                                                 94,400.00     20060601                          688.45
     15136                          10.4335                            20360501                                                                      357                                                 46,350.00     20060601                          439.30
     33063                          7.9335                             20360501                                                                      357                                               216,000.00      20060601                         1,519.20
     33317                          6.7835                             20360501                                                                      357                                               216,000.00      20060601                        1,388.03
     33313                          8.9335                             20360401                                                                      356                                               192,000.00      20060501                        1,606.04
     30047                          6.5935                             20360401                                                                      356                                                131,200.00     20060501                          776.27
     28655                          9.4435                             20360401                                                                      356                                                 50,400.00     20060501                          440.44
     20707                          8.0435                             20360401                                                                      356                                              225,300.00       20060501                        1,740.35
     23231                          7.9835                             20360401                                                                      356                                              247,500.00       20060501                          1,901.31
     33182                          7.7835                             20360401                                                                      356                                              290,000.00       20060501                        2,186.83
     6114                           7.0835                             20360501                                                                      357                                              225,000.00       20060601                         1,587.12
     33025                          8.0435                             20360401                                                                      356                                               132,000.00      20060501                         1,019.65
     34983                          7.4835                             20360501                                                                      357                                              208,000.00       20060601                         1,384.17
     33162                          6.8835                             20360401                                                                      356                                              337,500.00       20060501                       2,334.48
     33033                          7.6935                             20360501                                                                      357                                              204,000.00       20060601                         1,449.14
     70805                          10.0935                            20360501                                                                      357                                                 64,800.00     20060601                          597.60
     19142                          8.0935                             20360501                                                                      357                                               123,300.00      20060601                          956.82
     34945                          7.5935                             20360501                                                                      357                                              284,000.00       20060601                        1,996.03
     2860                           7.8435                             20360501                                                                      357                                               218,500.00      20060601                        1,576.93
     33907                          8.4435                             20360501                                                                      357                                               106,050.00      20060601                          849.49
     33162                          6.8835                             20360401                                                                      356                                               199,250.00      20060501                         1,378.21
     33023                          7.7335                             20360501                                                                      357                                              238,400.00       20060601                        1,789.34
     33023                          12.6835                            20210501                                                                      177                                                 59,600.00     20060601                           668.16
     23234                          13.1835                            20210401                                                                      176                                                 34,800.00     20060501                           403.81
     33613                          9.3335                             20360501                                                                      357                                                131,400.00     20060601                         1,137.62
     33174                          7.2235                             20360401                                                                      356                                               175,000.00      20060501                         1,251.30
     39828                          9.4435                             20360501                                                                      357                                                 88,200.00     20060601                          770.76
     33313                          7.8835                             20360501                                                                      357                                               182,500.00      20060601                        1,389.06
     33029                          9.4835                             20360501                                                                      357                                              350,000.00       20060601                        3,068.91
     33064                          7.8835                             20360501                                                                      357                                              268,650.00       20060601                         1,878.31
     33127                          8.0835                             20360501                                                                      357                                               184,000.00      20060601                        1,426.55
     33147                          8.4085                             20360501                                                                      357                                               216,000.00      20060601                        1,724.79
     6108                           7.8435                             20360501                                                                      357                                               156,000.00      20060601                        1,085.50
     33460                          6.7135                             20360501                                                                      357                                              228,000.00       20060601                        1,453.44
     48205                          7.9935                             20360501                                                                      357                                               108,000.00      20060601                          830.43
     33467                          7.5935                             20360501                                                                      357                                              372,000.00       20060601                        2,614.52
     27896                          8.8835                             20360501                                                                      357                                               193,500.00      20060601                          1,611.55
     48060                          9.3335                             20360501                                                                      357                                                 72,000.00     20060601                          623.36
     33165                          7.0335                             20360501                                                                      357                                              352,000.00       20060601                       2,470.88
     33021                          7.5435                             20360501                                                                      357                                               231,000.00      20060601                        1,703.05
     33319                          8.1935                             20360501                                                                      357                                               145,750.00      20060601                           1,141.41
     19144                          7.3335                             20360501                                                                      357                                                 74,400.00     20060601                          537.65
     32907                          7.6935                             20360501                                                                      357                                               150,000.00      20060601                          1,121.63
     33147                          7.5935                             20360501                                                                      357                                               196,000.00      20060601                         1,451.87
     33023                          7.2335                             20360501                                                                      357                                              284,000.00       20060601                         1,919.49
     53224                          7.9835                             20360501                                                                      357                                               150,800.00      20060601                         1,104.36
     23237                          6.9935                             20360501                                                                      357                                                151,300.00     20060601                         1,057.91
     44706                          8.3335                             20360501                                                                      357                                                  73,100.00    20060601                          554.88
     33313                          7.4835                             20360501                                                                      357                                              255,600.00       20060601                         1,701.87
     24013                          8.3435                             20360501                                                                      357                                                 73,000.00     20060601                           579.51
     23605                          9.8835                             20360501                                                                      357                                               139,500.00      20060601                        1,264.60
     33909                          8.3835                             20360501                                                                      357                                              236,650.00       20060601                        1,885.44
     23703                          9.8435                             20360501                                                                      357                                               100,000.00      20060601                          903.54
     34982                          7.1835                             20360501                                                                      357                                                115,000.00     20060601                             819.11
     33322                          7.6935                             20360501                                                                      357                                              200,000.00       20060601                         1,495.51
     33463                          10.2935                            20360501                                                                      357                                                197,100.00     20060601                        1,847.30
     33161                          9.0335                             20360501                                                                      357                                              246,500.00       20060601                       2,079.90
     32207                          10.1835                            20360501                                                                      357                                                115,800.00     20060601                        1,075.75
     33426                          6.6335                             20360501                                                                      357                                              332,000.00       20060601                        1,975.40
     34134                          8.2335                             20360501                                                                      357                                               216,000.00      20060601                        1,573.20
     33135                          7.7835                             20360501                                                                      357                                              360,000.00       20060601                        2,714.69
     18032                          10.3535                            20360501                                                                      357                                               105,000.00      20060601                          988.85
     33135                          12.4835                            20210501                                                                      177                                                 90,000.00     20060601                          994.88
     32824                          6.4835                             20360501                                                                      357                                              207,900.00       20060601                        1,290.45
     33063                          6.2335                             20360501                                                                      357                                               318,400.00      20060601                        1,788.35
     28215                          9.5835                             20360501                                                                      357                                                 55,600.00     20060601                           491.63
     19141                          7.8335                             20360501                                                                      357                                                 63,000.00     20060601                          477.29
     34946                          8.1185                             20360501                                                                      357                                              270,300.00       20060601                        2,102.37
     33023                          7.9435                             20360501                                                                      357                                              205,600.00       20060601                        1,447.77
     34946                          7.7185                             20360501                                                                      357                                                112,500.00     20060601                          843.20
     27265                          11.4835                            20200401                                                                      164                                                 22,900.00     20050501                          235.38
     30238                          8.4835                             20360501                                                                      357                                                  91,500.00    20060601                          705.09
     48202                          9.3935                             20360401                                                                      356                                                 77,600.00     20060501                          675.27
     33852                          7.3935                             20360401                                                                      356                                               160,000.00      20060501                        1,053.33
     47804                          8.6835                             20360401                                                                      356                                                 82,500.00     20060501                           675.12
     33611                          6.1835                             20360501                                                                      357                                              200,000.00       20060601                        1,289.23
     33556                          9.1435                             20360501                                                                      357                                              327,000.00       20060601                       2,785.45
     48328                          13.6335                            20260401                                                                      236                                                 30,950.00     20060501                          388.02
     33617                          7.1435                             20360501                                                                      357                                               160,000.00      20060601                         1,135.22
     1010                           7.6935                             20360401                                                                      356                                              275,000.00       20060501                       2,056.32
     48189                          8.8835                             20360501                                                                      357                                               166,500.00      20060601                        1,386.68
     48189                          9.1335                             20360501                                                                      357                                               166,500.00      20060601                         1,417.06
     48204                          10.0835                            20360501                                                                      357                                                 72,000.00     20060601                          663.46
     28043                          10.1835                            20360501                                                                      357                                                 53,550.00     20060601                          497.47
     32810                          7.4435                             20360501                                                                      357                                               150,000.00      20060601                        1,095.42
     49028                          9.9435                             20360501                                                                      357                                                 74,350.00     20060601                          677.33
     2905                           7.7435                             20360501                                                                      357                                              207,200.00       20060601                        1,479.70
     21221                          8.1835                             20360501                                                                      357                                               124,800.00      20060601                          903.76
     43004                          5.8935                             20360501                                                                      357                                               157,000.00      20060601                          837.33
     38141                          8.8935                             20360501                                                                      357                                               105,750.00      20060601                           881.50
     33810                          12.7835                            20210501                                                                      177                                                 27,700.00     20060601                            312.71
     48126                          10.2435                            20360501                                                                      357                                               152,900.00      20060601                        1,427.29
     46217                          6.4835                             20360501                                                                      357                                                 85,600.00     20060601                          498.62
     48223                          9.0835                             20360501                                                                      357                                                 57,750.00     20060601                          489.39
     46040                          9.9935                             20360501                                                                      357                                               105,000.00      20060601                          960.48
     32714                          6.9935                             20360501                                                                      357                                              320,000.00       20060601                       2,000.00
     21117                          7.8935                             20360501                                                                      357                                              244,600.00       20060601                        1,863.45
     20720                          7.7935                             20360501                                                                      357                                              323,200.00       20060601                       2,320.32
     33880                          9.0335                             20360501                                                                      357                                              385,200.00       20060601                        3,132.35
     48188                          9.1835                             20360501                                                                      357                                               301,750.00      20060601                        2,579.21
     48219                          8.2335                             20360501                                                                      357                                                 56,700.00     20060601                          445.65
     33604                          8.0435                             20360501                                                                      357                                                141,600.00     20060601                        1,093.80
     34691                          8.4835                             20360501                                                                      357                                               138,900.00      20060601                          1,116.62
     34472                          6.4835                             20360501                                                                      357                                                141,500.00     20060601                          878.30
     34677                          7.9435                             20360501                                                                      357                                              208,000.00       20060601                         1,591.98
     44273                          7.5935                             20360501                                                                      357                                               147,000.00      20060601                        1,088.90
     85208                          9.6685                             20360501                                                                      357                                               198,050.00      20060601                        1,763.70
     85007                          7.8335                             20360501                                                                      357                                               105,000.00      20060601                          757.00
     78412                          8.7335                             20360501                                                                      357                                                 94,500.00     20060601                          776.74
     20602                          8.4335                             20360501                                                                      357                                               179,200.00      20060601                        1,335.04
     33778                          8.8835                             20360401                                                                      356                                               137,700.00      20060501                         1,146.82
     60622                          10.3935                            20350901                                                                      349                                                 85,200.00     20051001                          804.95
     60110                          11.9435                            20360301                                                                      355                                                 35,600.00     20060401                          378.56
     60805                          11.4835                            20210301                                                                      175                                                 43,950.00     20060401                           451.74
     61081                          8.4335                             20360501                                                                      357                                                 63,200.00     20060601                          505.80
     60177                          11.5435                            20210401                                                                      176                                                 42,000.00     20060501                          433.63
     60609                          11.4935                            20210501                                                                      177                                                 35,250.00     20060601                          362.59
     60446                          8.4935                             20360501                                                                      357                                               164,000.00      20060601                         1,319.58
     60015                          8.4435                             20360501                                                                      357                                              292,500.00       20060601                        2,343.01
     60506                          8.4335                             20360501                                                                      357                                               133,800.00      20060601                         1,070.81
     60506                          12.9085                            20360501                                                                      357                                                 33,450.00     20060601                          380.90
     60803                          8.5935                             20360501                                                                      357                                               123,500.00      20060601                         1,002.61
     60638                          11.9435                            20210401                                                                      176                                                 42,000.00     20060501                          446.62
     60641                          11.8935                            20360401                                                                      356                                                 82,000.00     20060501                          868.79
     60707                          8.3835                             20360501                                                                      357                                               157,600.00      20060601                        1,202.34
     60053                          8.7535                             20360501                                                                      357                                              202,000.00       20060601                        1,663.27
     53204                          8.3435                             20360501                                                                      357                                                 111,600.00    20060601                          885.94
     60638                          11.7935                            20210501                                                                      177                                                  51,800.00    20060601                           544.81
     46041                          8.5935                             20360501                                                                      357                                                  61,200.00    20060601                          496.84
     60181                          9.3335                             20360501                                                                      357                                              203,900.00       20060601                         1,765.31
     60827                          9.1835                             20360501                                                                      357                                                 49,500.00     20060601                           423.10
     60104                          6.3435                             20360501                                                                      357                                               148,000.00      20060601                          844.83
     60644                          11.7435                            20210501                                                                      177                                                 33,000.00     20060601                           345.81
     60440                          8.0935                             20360501                                                                      357                                               176,400.00      20060601                        1,368.88
     60629                          7.8935                             20360501                                                                      357                                              250,750.00       20060601                          1,819.18
     60450                          7.7435                             20360501                                                                      357                                              236,900.00       20060601                        1,779.75
     60586                          7.9935                             20360501                                                                      357                                               192,200.00      20060601                        1,477.85
     60624                          5.9335                             20360501                                                                      357                                              256,000.00       20060601                        1,373.87
     60643                          7.0935                             20360501                                                                      357                                               172,900.00      20060601                        1,220.80
     60438                          7.2935                             20360501                                                                      357                                                151,900.00     20060601                        1,033.45
     60139                          8.0935                             20360501                                                                      357                                               150,000.00      20060601                         1,164.02
     60139                          9.1435                             20360501                                                                      357                                                 92,700.00     20060601                          789.64
     60194                          8.9935                             20360501                                                                      357                                              306,000.00       20060601                        2,573.01
     60632                          5.7335                             20360501                                                                      357                                              200,000.00       20060601                        1,039.73
     53215                          7.7585                             20360501                                                                      357                                                116,800.00     20060601                          804.46
     60090                          7.0435                             20360501                                                                      357                                               212,000.00      20060601                        1,489.60
     60148                          6.4635                             20360501                                                                      357                                              232,000.00       20060601                        1,343.94
     60104                          8.4435                             20360501                                                                      357                                               126,650.00      20060601                         1,014.50
     60637                          8.0835                             20360501                                                                      357                                               261,250.00      20060601                       2,025.47
     18372                          7.4835                             20360501                                                                      357                                                151,200.00     20060601                         1,050.18
     6513                           8.9935                             20360401                                                                      356                                              276,000.00       20060501                       2,320.76
     23060                          8.5935                             20360501                                                                      357                                               139,000.00      20060601                         1,128.44
     24012                          8.5935                             20360501                                                                      357                                                119,000.00     20060601                          966.08
     23323                          9.2185                             20360501                                                                      357                                               168,750.00      20060601                        1,446.73
     8054                           6.5935                             20351201                                                                      352                                               144,000.00      20060101                          967.73
     53216                          10.2335                            20360401                                                                      356                                                115,600.00     20060501                        1,078.24
     32780                          9.6935                             20360401                                                                      356                                               154,800.00      20060501                          1,381.41
     92335                          8.0335                             20360401                                                                      356                                              248,000.00       20060501                         1,913.94
     33612                          8.6835                             20360401                                                                      356                                                141,600.00     20060501                         1,158.76
     89115                          7.0935                             20360301                                                                      355                                              204,800.00       20060401                        1,297.07
     95322                          6.2435                             20360201                                                                      354                                              239,000.00       20060301                         1,550.15
     15668                          8.2435                             20360401                                                                      356                                               122,400.00      20060501                          962.92
     92503                          8.2435                             20351201                                                                      352                                              205,000.00       20060101                         1,612.74
     93012                          6.4435                             20360201                                                                      354                                              525,000.00       20060301                       3,475.23
     7064                           7.3935                             20360301                                                                      355                                              268,000.00       20060401                        1,947.84
     63114                          9.8335                             20360401                                                                      356                                                121,500.00     20060501                        1,096.90
     93560                          6.4835                             20360301                                                                      355                                              380,000.00       20060401                        2,213.50
     93550                          6.5435                             20360301                                                                      355                                               155,000.00      20060401                        1,036.43
     91402                          6.1735                             20360301                                                                      355                                              297,000.00       20060401                         1,912.54
     33612                          12.4435                            20360401                                                                      356                                                 35,400.00     20060501                           390.21
     91343                          7.4835                             20360301                                                                      355                                               516,000.00      20060401                       3,435.70
     17552                          7.8435                             20360401                                                                      356                                               172,000.00      20060501                        1,304.29
     2124                           6.1185                             20360401                                                                      356                                              380,000.00       20060501                        2,433.19
     92316                          6.9435                             20360301                                                                      355                                              432,000.00       20060401                       3,005.83
     91335                          6.8685                             20360301                                                                      355                                               319,250.00      20060401                        1,962.06
     90031                          8.8285                             20360201                                                                      354                                               513,000.00      20060301                        4,251.96
     34953                          7.8935                             20360401                                                                      356                                               215,600.00      20060501                        1,642.53
     15228                          7.3685                             20360401                                                                      356                                               126,400.00      20060501                          829.50
     34953                          10.3335                            20210401                                                                      176                                                 53,900.00     20060501                          506.80
     22657                          8.4835                             20360401                                                                      356                                              200,000.00       20060501                        1,498.33
     64053                          11.3435                            20360501                                                                      357                                                 62,400.00     20060601                          634.66
     64030                          7.2935                             20360401                                                                      356                                               120,000.00      20060501                          863.84
     77016                          10.0435                            20360501                                                                      357                                                 58,500.00     20060601                           537.31
     77093                          9.0335                             20210501                                                                      177                                                 68,800.00     20060601                          720.09
     77044                          9.3435                             20360401                                                                      356                                                  21,925.00    20060501                           189.98
     76134                          8.3635                             20360501                                                                      357                                               107,050.00      20060601                           815.04
     63107                          7.4935                             20360501                                                                      357                                               108,000.00      20060601                          792.47
     75765                          8.7435                             20360501                                                                      357                                                 75,600.00     20060601                           621.94
     75765                          9.3435                             20360501                                                                      357                                                  18,900.00    20060601                           163.77
     75006                          7.8935                             20360501                                                                      357                                                 93,500.00     20060601                           712.32
     77069                          9.2335                             20360501                                                                      357                                               102,600.00      20060601                          880.74
     77087                          8.9835                             20260501                                                                      237                                                 64,000.00     20060601                           596.15
     65616                          10.0435                            20360501                                                                      357                                                  61,750.00    20060601                           567.16
     63137                          11.3835                            20360501                                                                      357                                                 83,000.00     20060601                          846.73
     47327                          12.6835                            20360501                                                                      357                                                 23,000.00     20060601                          257.85
     77449                          7.6435                             20360501                                                                      357                                                 97,550.00     20060601                           726.01
     77053                          8.1835                             20360501                                                                      357                                                  71,200.00    20060601                          557.08
     77521                          9.3435                             20360501                                                                      357                                                 24,700.00     20060601                           214.03
     63136                          9.1935                             20360501                                                                      357                                                 90,000.00     20060601                          769.94
     75069                          5.9835                             20360501                                                                      357                                               100,000.00      20060601                            631.41
     76040                          7.6435                             20360501                                                                      357                                                115,200.00     20060601                          857.37
     78745                          9.4835                             20360501                                                                      357                                                 96,500.00     20060601                           846.14
     75069                          7.0335                             20360501                                                                      357                                                  71,600.00    20060601                          502.60
     63123                          10.9435                            20360501                                                                      357                                               137,735.00      20060601                        1,358.73
     64130                          9.1335                             20360501                                                                      357                                                 52,000.00     20060601                          442.57
     62206                          8.5835                             20360501                                                                      357                                                 77,600.00     20060601                          629.42
     7018                           9.4935                             20360501                                                                      357                                               173,600.00      20060601                        1,523.46
     8562                           8.9685                             20360501                                                                      357                                               182,750.00      20060601                        1,533.33
     8046                           8.1185                             20360501                                                                      357                                               135,000.00      20060601                        1,050.02
     78244                          7.6435                             20360501                                                                      357                                                 98,400.00     20060601                          732.34
     77033                          9.1435                             20360501                                                                      357                                                 68,000.00     20060601                          579.24
     77365                          8.9935                             20360501                                                                      357                                                 70,000.00     20060601                          588.60
     78250                          7.7685                             20360501                                                                      357                                               100,000.00      20060601                          753.02
     77039                          9.9935                             20260501                                                                      237                                                 92,000.00     20060601                            918.51
     77530                          7.7435                             20360501                                                                      357                                                  81,000.00    20060601                          608.53
     18064                          6.9685                             20360501                                                                      357                                              235,000.00       20060601                         1,542.13
     19124                          8.4935                             20360501                                                                      357                                                 97,000.00     20060601                          780.48
     95829                          6.4935                             20360501                                                                      357                                              270,000.00       20060601                        1,796.32
     93274                          6.7435                             20360501                                                                      357                                              283,500.00       20060601                         1,813.47
     93274                          6.4835                             20360501                                                                      357                                               177,500.00      20060601                          1,101.75
     93257                          7.3435                             20360501                                                                      357                                                 80,000.00     20060601                          523.33
     95301                          9.2685                             20360501                                                                      357                                              264,000.00       20060601                        2,195.20
     23141                          7.7435                             20360401                                                                      356                                               122,250.00      20060501                           918.42
     23141                          7.7435                             20360401                                                                      356                                               128,250.00      20060501                          963.50
     23224                          8.4835                             20360501                                                                      357                                                118,750.00     20060601                          889.64
     22043                          8.7435                             20360501                                                                      357                                               125,000.00      20060601                        1,028.34
     23666                          9.0185                             20360501                                                                      357                                               128,350.00      20060601                         1,081.58
     22963                          8.9185                             20360501                                                                      357                                              202,000.00       20060601                        1,687.48
     21214                          8.7935                             20360401                                                                      356                                               177,500.00      20060501                        1,466.68
     17057                          8.2435                             20210501                                                                      177                                                 86,250.00     20060601                          862.02
     17090                          9.8685                             20360501                                                                      357                                                131,300.00     20060601                         1,188.80
     90018                          6.7435                             20360401                                                                      356                                              370,000.00       20060501                       2,524.05
     93535                          8.4835                             20360501                                                                      357                                              270,750.00       20060601                       2,028.37
     93535                          8.4435                             20360501                                                                      357                                               169,000.00      20060601                        1,353.74
     98607                          8.8435                             20360501                                                                      357                                               199,500.00      20060601                         1,655.71
     98367                          8.7435                             20360501                                                                      357                                              200,450.00       20060601                         1,545.14
     97222                          7.8685                             20360501                                                                      357                                               172,500.00      20060601                           1,311.12
     97206                          8.9685                             20360501                                                                      357                                                161,500.00     20060601                        1,355.03
     98391                          7.4435                             20360501                                                                      357                                              242,250.00       20060601                        1,603.64
     34652                          8.9185                             20360401                                                                      356                                                 86,000.00     20060501                           718.43
     21061                          6.7435                             20360501                                                                      357                                                131,500.00     20060601                          794.48
     19713                          8.2435                             20360501                                                                      357                                               210,900.00      20060601                         1,537.81
     21061                          7.3685                             20360501                                                                      357                                               150,400.00      20060601                          987.00
     21146                          7.8685                             20360501                                                                      357                                              446,500.00       20060601                         3,116.20
     23453                          8.4935                             20360501                                                                      357                                               107,200.00      20060601                          826.90
     22193                          7.1185                             20360501                                                                      357                                               187,500.00      20060601                          1,191.40
     23703                          10.2185                            20360501                                                                      357                                               158,400.00      20060601                        1,475.66
     43701                          8.2435                             20360501                                                                      357                                               142,200.00      20060601                        1,069.59
     45150                          8.2435                             20360501                                                                      357                                               158,000.00      20060601                        1,242.99
     43612                          8.2435                             20360501                                                                      357                                                 83,000.00     20060601                          652.96
     43611                          8.2435                             20360501                                                                      357                                                114,000.00     20060601                          896.84
     43326                          8.2435                             20360501                                                                      357                                                 79,500.00     20060601                          625.43
     45240                          8.2435                             20360501                                                                      357                                               195,000.00      20060601                        1,534.07
     80919                          8.2435                             20360501                                                                      357                                              490,000.00       20060601                       3,854.83
     80814                          8.2435                             20360501                                                                      357                                              232,000.00       20060601                         1,825.14
     81419                          6.9935                             20360501                                                                      357                                              280,000.00       20060601                        1,750.00
     79416                          8.9935                             20360401                                                                      356                                                 98,550.00     20060501                          828.66
     77083                          8.9935                             20360501                                                                      357                                               168,750.00      20060601                         1,418.94
     77013                          7.6435                             20160501                                                                      117                                                 75,000.00     20060601                            915.91
     77083                          9.5185                             20260501                                                                      237                                                 98,400.00     20060601                            951.21
     77591                          7.8935                             20360501                                                                      357                                               147,500.00      20060601                          1,123.71
     77009                          7.1435                             20360501                                                                      357                                                 111,000.00    20060601                          787.56
     77033                          9.1435                             20360501                                                                      357                                                 66,400.00     20060601                           565.61
     78227                          8.2685                             20360501                                                                      357                                                 57,600.00     20060601                           454.17
     75077                          8.2685                             20360501                                                                      357                                              440,000.00       20060601                       3,469.34
     79360                          7.7435                             20360501                                                                      357                                               100,000.00      20060601                           751.27
     75067                          7.7685                             20360501                                                                      357                                               156,000.00      20060601                         1,174.72
     75137                          9.8685                             20360501                                                                      357                                                110,700.00     20060601                        1,002.29
     75142                          8.0185                             20360501                                                                      357                                                 63,200.00     20060601                          487.07
     76712                          7.8935                             20360501                                                                      357                                                 79,200.00     20060601                          603.38
     75707                          7.5185                             20360501                                                                      357                                                 92,000.00     20060601                          676.67
     76710                          8.1935                             20360501                                                                      357                                                 80,000.00     20060601                           626.51
     75013                          8.3685                             20360501                                                                      357                                              288,000.00       20060601                        2,291.46
     76063                          6.9935                             20360501                                                                      357                                              400,000.00       20060601                       2,796.86
     76262                          8.6435                             20360501                                                                      357                                               148,500.00      20060601                         1,210.93
     76567                          6.8935                             20360501                                                                      357                                               128,200.00      20060601                          887.63
     93536                          8.0935                             20360401                                                                      356                                               441,000.00      20060501                        3,160.50
     93454                          5.8935                             20360501                                                                      357                                              280,000.00       20060601                        1,492.93
     93309                          8.6185                             20360501                                                                      357                                              204,000.00       20060601                        1,593.24
     78217                          9.6435                             20360501                                                                      357                                                 83,200.00     20060601                          739.38
     77478                          7.7685                             20360501                                                                      357                                               100,000.00      20060601                          753.02
     99337                          8.8685                             20360401                                                                      356                                               124,000.00      20060501                         1,031.37
     98445                          9.8435                             20360501                                                                      357                                               184,500.00      20060601                        1,667.04
     98408                          9.6185                             20360501                                                                      357                                               174,400.00      20060601                        1,546.62
     99037                          7.2185                             20360501                                                                      357                                              229,500.00       20060601                         1,477.41
     98328                          6.1185                             20360501                                                                      357                                              245,000.00       20060601                        1,456.24
     97702                          6.9685                             20360501                                                                      357                                              304,300.00       20060601                        1,895.54
     98597                          7.9685                             20360501                                                                      357                                               175,500.00      20060601                        1,239.47
     95380                          9.9935                             20350801                                                                      348                                                 68,900.00     20050901                          630.26
     98503                          11.1835                            20360301                                                                      355                                                  41,000.00    20060401                            411.97
     95307                          11.1835                            20210301                                                                      175                                                 73,600.00     20060401                          739.54
     98387                          11.1835                            20360301                                                                      355                                                 49,500.00     20060401                          497.38
     98409                          8.6335                             20360501                                                                      357                                               136,500.00      20060601                          1,112.09
     93657                          11.1835                            20210301                                                                      175                                                 43,000.00     20060401                          432.07
     93727                          11.1835                            20210301                                                                      175                                                  61,950.00    20060401                          622.48
     95351                          11.1835                            20210301                                                                      175                                                 59,000.00     20060401                          592.84
     95209                          11.1835                            20210301                                                                      175                                                 85,000.00     20060401                          854.09
     95313                          11.1835                            20210301                                                                      175                                                 58,000.00     20060401                          582.79
     95660                          11.1835                            20210301                                                                      175                                                 62,800.00     20060401                           631.02
     94803                          10.9335                            20210301                                                                      175                                                 92,000.00     20060401                          906.86
     93728                          11.1835                            20210301                                                                      175                                                 36,000.00     20060401                           361.73
     95838                          11.1835                            20210301                                                                      175                                                 50,000.00     20060401                           502.41
     98074                          11.5335                            20360301                                                                      355                                                 69,000.00     20060401                            711.87
     95838                          11.1835                            20210401                                                                      176                                                 67,000.00     20060501                          673.23
     95350                          11.1835                            20210401                                                                      176                                                  71,000.00    20060501                           713.42
     93728                          11.1835                            20210401                                                                      176                                                  41,000.00    20060501                            411.97
     94533                          11.1835                            20210401                                                                      176                                                 85,600.00     20060501                           860.12
     98408                          11.1835                            20360401                                                                      356                                                 35,000.00     20060501                           351.68
     95301                          11.1835                            20210401                                                                      176                                                 64,800.00     20060501                            651.12
     95351                          9.2585                             20360501                                                                      357                                              292,000.00       20060601                         2,511.95
     93221                          11.1835                            20210401                                                                      176                                                 97,000.00     20060501                          974.67
     91790                          11.1835                            20210401                                                                      176                                                 111,000.00    20060501                          1,115.34
     95758                          8.0835                             20360501                                                                      357                                              522,400.00       20060601                        3,739.51
     95126                          11.1835                            20210401                                                                      176                                               143,000.00      20060501                        1,436.88
     93722                          6.5835                             20360401                                                                      356                                              500,000.00       20060501                        2,954.17
     93722                          10.9835                            20210401                                                                      176                                               138,600.00      20060501                         1,371.49
     94546                          11.1835                            20210401                                                                      176                                                110,000.00     20060501                         1,105.29
     95348                          7.5835                             20360501                                                                      357                                               414,400.00      20060601                       2,793.75
     93306                          11.1835                            20210501                                                                      177                                                 48,600.00     20060601                          488.34
     95624                          7.0085                             20360401                                                                      356                                              500,000.00       20060501                         3,131.25
     95624                          6.9085                             20360401                                                                      356                                              500,000.00       20060501                       3,089.58
     95624                          10.3835                            20210401                                                                      176                                               185,000.00      20060501                        1,746.44
     94928                          7.4835                             20360501                                                                      357                                              447,200.00       20060601                        2,977.61
     95045                          7.7585                             20360501                                                                      357                                               517,500.00      20060601                       3,564.28
     84015                          6.6185                             20360501                                                                      357                                                 96,800.00     20060601                          574.75
     95815                          7.2585                             20360501                                                                      357                                              224,000.00       20060601                        1,449.47
     95655                          7.4835                             20360501                                                                      357                                              392,000.00       20060601                        2,610.07
     95670                          7.1335                             20360401                                                                      356                                              279,600.00       20060501                        1,868.96
     95356                          7.0085                             20360401                                                                      356                                              268,000.00       20060501                        1,678.35
     95687                          6.8085                             20360501                                                                      357                                              306,000.00       20060601                        1,863.50
     95351                          7.4835                             20360501                                                                      357                                                251,100.00     20060601                        1,744.04
     95351                          10.9835                            20210501                                                                      177                                                 62,750.00     20060601                          620.93
     94553                          8.3585                             20360501                                                                      357                                              427,000.00       20060601                       3,249.40
     95127                          8.1835                             20360501                                                                      357                                              500,000.00       20060601                       3,620.83
     95127                          11.4335                            20210501                                                                      177                                               155,000.00      20060601                         1,587.19
     93635                          7.1585                             20360501                                                                      357                                              436,000.00       20060601                       2,922.49
     95670                          8.1335                             20360501                                                                      357                                              344,000.00       20060601                       2,476.80
     95376                          7.3835                             20360401                                                                      356                                              369,000.00       20060501                       2,535.29
     94503                          6.6335                             20360501                                                                      357                                                 60,000.00     20060601                          356.23
     95835                          8.2835                             20360401                                                                      356                                                311,200.00     20060501                       2,279.54
     95835                          11.2835                            20210401                                                                      176                                                 77,800.00     20060501                           787.71
     94591                          6.4935                             20360501                                                                      357                                               412,000.00      20060601                       2,403.33
     95111                          6.4085                             20360501                                                                      357                                              337,600.00       20060601                        1,945.42
     93215                          8.0085                             20360501                                                                      357                                               120,000.00      20060601                          923.97
     95948                          7.7435                             20360501                                                                      357                                              286,000.00       20060601                        1,966.25
     83687                          7.2435                             20360501                                                                      357                                               153,000.00      20060601                          1,096.11
     94533                          8.2085                             20360501                                                                      357                                              378,000.00       20060601                       2,745.23
     95315                          7.4085                             20360501                                                                      357                                              248,000.00       20060601                        1,635.77
     95315                          11.2835                            20210501                                                                      177                                                 62,000.00     20060601                          627.74
     94806                          6.6335                             20360501                                                                      357                                              384,000.00       20060601                       2,425.44
     98042                          7.9535                             20360501                                                                      357                                              238,500.00       20060601                          1,741.18
     94603                          6.7835                             20360501                                                                      357                                              329,600.00       20060601                       2,002.32
     95363                          6.7905                             20360501                                                                      357                                                401,100.00     20060601                       2,439.02
     94565                          8.2835                             20360501                                                                      357                                              288,000.00       20060601                        2,175.07
     94565                          11.1835                            20210501                                                                      177                                                 72,000.00     20060601                          723.47
     94561                          7.0835                             20360501                                                                      357                                              342,950.00       20060601                       2,279.70
     94801                          7.4465                             20360501                                                                      357                                               331,200.00      20060601                        2,291.20
     94801                          11.1835                            20210501                                                                      177                                                 82,800.00     20060601                           831.99
     95126                          7.4835                             20360501                                                                      357                                              500,000.00       20060601                        3,472.81
     83442                          11.1835                            20210501                                                                      177                                                 20,000.00     20060601                          200.96
     95453                          8.6585                             20360501                                                                      357                                              260,000.00       20060601                        1,985.75
     95453                          11.1835                            20210501                                                                      177                                                 65,000.00     20060601                           653.13
     95334                          7.4835                             20360501                                                                      357                                               180,000.00      20060601                         1,198.50
     93905                          7.0085                             20360501                                                                      357                                              344,000.00       20060601                        2,154.30
     94806                          7.5835                             20360501                                                                      357                                              384,000.00       20060601                       2,588.80
     95820                          7.3435                             20360501                                                                      357                                              244,000.00       20060601                         1,596.17
     95205                          8.7435                             20360501                                                                      357                                              284,400.00       20060601                       2,339.69
     98056                          6.8685                             20360501                                                                      357                                               216,800.00      20060601                        1,332.00
     95757                          7.4085                             20360501                                                                      357                                              348,000.00       20060601                       2,295.32
     95757                          11.1835                            20210501                                                                      177                                                 87,000.00     20060601                           874.19
     95354                          6.7335                             20360501                                                                      357                                               313,600.00      20060601                        1,892.05
     93702                          7.8085                             20360501                                                                      357                                               178,800.00      20060601                        1,238.92
     93702                          11.1835                            20210501                                                                      177                                                 44,700.00     20060601                           449.15
     94546                          6.7835                             20360501                                                                      357                                              425,600.00       20060601                       2,585.52
     95351                          8.3835                             20360501                                                                      357                                              286,400.00       20060601                         2,121.75
     93657                          6.8935                             20360501                                                                      357                                              305,400.00       20060601                        1,883.30
     95376                          7.3835                             20360501                                                                      357                                              320,000.00       20060601                        2,198.62
     92344                          11.3685                            20350801                                                                      348                                                 72,000.00     20050901                          733.68
     80015                          11.6185                            20351101                                                                      351                                                 38,600.00     20051201                          400.76
     92301                          11.1835                            20210301                                                                      175                                                  81,000.00    20060401                           813.90
     92154                          7.0685                             20360101                                                                      353                                              368,000.00       20060201                       2,323.00
     80219                          12.0335                            20210201                                                                      174                                                 37,200.00     20060301                           398.17
     85019                          11.1835                            20210101                                                                      173                                                 47,400.00     20060201                          476.28
     92019                          11.1835                            20210401                                                                      176                                                 99,200.00     20060501                          996.77
     92154                          11.1835                            20210301                                                                      175                                                 98,800.00     20060401                          992.76
     92802                          11.1835                            20360401                                                                      356                                                121,200.00     20060501                         1,217.83
     92867                          6.5085                             20360501                                                                      357                                              500,000.00       20060601                          3,112.61
     92867                          10.0835                            20210501                                                                      177                                               180,000.00      20060601                        1,658.65
     90660                          8.5585                             20360401                                                                      356                                              395,000.00       20060501                       3,066.66
     85201                          11.1835                            20210301                                                                      175                                                 35,800.00     20060401                          359.72
     91768                          11.1835                            20210401                                                                      176                                                  81,600.00    20060501                           819.93
     97006                          8.9335                             20360501                                                                      357                                               180,000.00      20060601                        1,505.66
     93535                          9.2435                             20360401                                                                      356                                              225,250.00       20060501                        1,868.58
     89143                          11.1835                            20210401                                                                      176                                                 65,800.00     20060501                            661.17
     92019                          11.1835                            20210401                                                                      176                                                 89,000.00     20060501                          894.28
     89134                          11.1835                            20210401                                                                      176                                                 72,000.00     20060501                          723.47
     92545                          7.2585                             20360501                                                                      357                                              276,000.00       20060601                        1,785.95
     92545                          10.9835                            20210501                                                                      177                                                 69,000.00     20060601                          682.77
     92337                          8.3395                             20360501                                                                      357                                              320,000.00       20060601                       2,430.49
     89120                          8.2085                             20360501                                                                      357                                                116,000.00     20060601                          842.45
     89121                          11.1835                            20210401                                                                      176                                                 38,000.00     20060501                           381.83
     85032                          7.9335                             20360501                                                                      357                                              288,000.00       20060601                        2,098.18
     92592                          6.9585                             20360401                                                                      356                                              286,400.00       20060501                         1,781.58
     90744                          7.6085                             20360501                                                                      357                                              500,000.00       20060601                        3,381.25
     92553                          7.4835                             20360501                                                                      357                                              289,000.00       20060601                         2,118.57
     92057                          6.7205                             20360501                                                                      357                                              288,000.00       20060601                        1,734.48
     89031                          7.7585                             20360501                                                                      357                                              280,000.00       20060601                        1,928.50
     92583                          9.0835                             20360501                                                                      357                                              280,000.00       20060601                       2,372.80
     92562                          7.9085                             20360501                                                                      357                                              359,200.00       20060601                        2,518.89
     92562                          11.1835                            20210501                                                                      177                                                 89,800.00     20060601                          902.32
     92404                          7.1425                             20360501                                                                      357                                              268,000.00       20060601                          1,901.31
     85219                          7.2335                             20360501                                                                      357                                               139,200.00      20060601                          996.28
     92879                          6.2435                             20360501                                                                      357                                              468,000.00       20060601                       2,632.50
     90706                          7.4835                             20360501                                                                      357                                               413,600.00      20060601                       2,753.89
     80231                          9.3835                             20360401                                                                      356                                                 40,500.00     20060501                           352.13
     81022                          9.1585                             20360501                                                                      357                                                 67,400.00     20060601                          574.87
     91402                          6.9935                             20360501                                                                      357                                              226,500.00       20060601                         1,415.63
     85296                          7.4835                             20360501                                                                      357                                              202,000.00       20060601                         1,403.01
     91764                          6.3885                             20360501                                                                      357                                              328,000.00       20060601                        1,884.63
     92555                          7.6185                             20360501                                                                      357                                              394,250.00       20060601                       2,669.40
     93536                          7.3085                             20360501                                                                      357                                              325,750.00       20060601                         2,121.45
     85043                          7.9085                             20360501                                                                      357                                               176,800.00      20060601                         1,239.81
     91708                          8.2835                             20360501                                                                      357                                              320,000.00       20060601                       2,344.00
     92394                          7.9435                             20360501                                                                      357                                              335,200.00       20060601                       2,360.37
     92404                          6.7435                             20360501                                                                      357                                              260,000.00       20060601                        1,570.83
     85307                          9.4835                             20360501                                                                      357                                              239,900.00       20060601                        2,103.52
     93532                          7.7585                             20360501                                                                      357                                              344,000.00       20060601                       2,369.30
     92395                          7.8435                             20360501                                                                      357                                              280,500.00       20060601                        2,127.05
     89106                          6.5835                             20360501                                                                      357                                               197,600.00      20060601                         1,167.47
     93308                          7.3835                             20360501                                                                      357                                              272,000.00       20060601                        1,868.83
     85029                          6.2335                             20360501                                                                      357                                               159,200.00      20060601                           894.17
     94564                          5.6185                             20360501                                                                      357                                               518,300.00      20060601                       2,645.49
     95351                          8.1185                             20360501                                                                      357                                              239,000.00       20060601                        1,858.92
     94014                          7.0435                             20360501                                                                      357                                              569,000.00       20060601                       3,579.96
     93223                          8.1185                             20360501                                                                      357                                               186,400.00      20060601                        1,339.75
     85042                          9.3435                             20360401                                                                      356                                              207,000.00       20060501                        1,793.67
     86401                          8.0935                             20360501                                                                      357                                               135,000.00      20060601                          967.50
     85051                          6.4685                             20360501                                                                      357                                                 75,000.00     20060601                          435.94
     85363                          8.1185                             20360501                                                                      357                                                 94,000.00     20060601                            731.12
     85363                          6.7435                             20360501                                                                      357                                               123,000.00      20060601                           743.13
     85033                          6.3685                             20360501                                                                      357                                               165,750.00      20060601                           949.61
     85037                          7.2435                             20360501                                                                      357                                               162,720.00      20060601                        1,050.90
     85706                          8.9185                             20360501                                                                      357                                                141,000.00     20060601                         1,133.97
     85019                          7.5935                             20360501                                                                      357                                                 151,410.00    20060601                        1,022.02
     92071                          6.7435                             20360501                                                                      357                                              292,000.00       20060601                        1,867.84
     92532                          5.9685                             20360501                                                                      357                                              405,000.00       20060601                         2,184.15
     92234                          8.9685                             20360501                                                                      357                                              307,800.00       20060601                       2,487.38
     92071                          7.4685                             20360501                                                                      357                                              432,000.00       20060601                        2,871.00
     92530                          6.1185                             20360501                                                                      357                                               195,000.00      20060601                         1,159.05
     92220                          8.9685                             20360501                                                                      357                                               212,000.00      20060601                          1,713.21
     98516                          6.1185                             20360501                                                                      357                                               177,600.00      20060601                          980.50
     83686                          7.4935                             20360501                                                                      357                                                117,450.00     20060601                            861.81
     80620                          8.2435                             20360501                                                                      357                                               145,800.00      20060601                          1,147.01
     80017                          8.2435                             20360501                                                                      357                                               180,000.00      20060601                         1,353.91
     33175                          8.8435                             20360501                                                                      357                                               196,000.00      20060601                        1,626.67
     53223                          8.2435                             20360501                                                                      357                                               130,000.00      20060601                         1,022.71
     93215                          7.7335                             20360401                                                                      356                                              207,900.00       20060501                        1,560.42
     80906                          11.1835                            20210301                                                                      175                                                 25,600.00     20060401                          257.23
     89178                          11.1835                            20210401                                                                      176                                                 63,900.00     20060501                          642.08
     85257                          11.1835                            20210401                                                                      176                                                 59,800.00     20060501                          600.88
     92582                          11.1835                            20210401                                                                      176                                                 84,400.00     20060501                          848.06
     85027                          7.7835                             20360501                                                                      357                                               143,900.00      20060601                         1,085.12
     85009                          6.7335                             20360501                                                                      357                                                 90,000.00     20060601                           613.35
     89115                          11.1835                            20210401                                                                      176                                                 48,500.00     20060501                          487.33
     85009                          7.3835                             20360501                                                                      357                                               140,000.00      20060601                           961.90
     85031                          8.0585                             20360501                                                                      357                                               160,000.00      20060601                         1,180.87
     89110                          7.6185                             20360501                                                                      357                                              224,000.00       20060601                         1,516.67
     89120                          7.9935                             20360501                                                                      357                                                121,500.00     20060601                          860.63
     90061                          6.7435                             20360501                                                                      357                                               313,500.00      20060601                        2,138.62
     60805                          8.2435                             20360501                                                                      357                                               173,000.00      20060601                        1,360.99
     62650                          8.2435                             20360501                                                                      357                                                 87,000.00     20060601                          684.43
     48180                          8.2435                             20360401                                                                      356                                               142,500.00      20060501                          1,121.05
     61032                          8.2435                             20360501                                                                      357                                                 90,000.00     20060601                          708.03
     49045                          8.2435                             20360501                                                                      357                                                 75,000.00     20060601                          590.03
     49410                          8.2435                             20360501                                                                      357                                               146,700.00      20060601                         1,154.09
     61032                          8.2435                             20360501                                                                      357                                                  71,760.00    20060601                          564.54
     60107                          7.7435                             20360501                                                                      357                                               218,500.00      20060601                         1,641.52
     46383                          8.2435                             20360401                                                                      356                                                 82,000.00     20060501                          645.09
     48203                          8.2435                             20360501                                                                      357                                                  89,100.00    20060601                          700.95
     46767                          8.2435                             20360501                                                                      357                                               103,275.00      20060601                           812.46
     47432                          8.2435                             20360501                                                                      357                                                  81,000.00    20060601                          637.23
     47111                          8.2435                             20360501                                                                      357                                                 95,000.00     20060601                          747.37
     46208                          8.2435                             20360501                                                                      357                                                 58,500.00     20060601                          460.22
     75165                          6.1435                             20360501                                                                      357                                               136,000.00      20060601                          873.07
     79107                          8.4685                             20360401                                                                      356                                                 45,750.00     20060501                          367.29
     75152                          10.0935                            20360501                                                                      357                                                131,200.00     20060601                        1,209.96
     77708                          8.7685                             20360501                                                                      357                                              224,000.00       20060601                        1,846.85
     56303                          8.2435                             20360401                                                                      356                                                 99,400.00     20060501                           781.98
     65605                          8.2435                             20360501                                                                      357                                               102,000.00      20060601                          802.43
     64110                          8.2435                             20360501                                                                      357                                                 77,280.00     20060601                           581.28
     55118                          8.2435                             20360501                                                                      357                                               210,600.00      20060601                        1,584.07
     63390                          8.2435                             20360501                                                                      357                                               130,000.00      20060601                          977.82
     65401                          8.2435                             20360501                                                                      357                                                 58,500.00     20060601                          440.02
     63118                          8.2435                             20360501                                                                      357                                                 77,850.00     20060601                          585.56
     63136                          8.2435                             20360501                                                                      357                                                 76,884.00     20060601                          604.85
     55303                          8.2435                             20360501                                                                      357                                                 181,150.00    20060601                          1,425.11
     60130                          8.2435                             20360501                                                                      357                                               160,500.00      20060601                        1,262.65
     60432                          8.2435                             20360501                                                                      357                                              238,000.00       20060601                        1,872.35
     60473                          7.6185                             20360501                                                                      357                                               169,000.00      20060601                         1,190.96
     60620                          7.6935                             20360501                                                                      357                                               155,000.00      20060601                          1,101.06
     60428                          8.2435                             20360501                                                                      357                                               108,000.00      20060601                          849.64
     60446                          8.2435                             20360501                                                                      357                                              305,000.00       20060601                        2,294.12
     60628                          8.2435                             20360501                                                                      357                                               133,000.00      20060601                        1,000.39
     61554                          8.2435                             20360501                                                                      357                                                 78,850.00     20060601                           620.31
     32311                          9.3435                             20360501                                                                      357                                               124,000.00      20060601                        1,074.47
     32312                          9.6185                             20360501                                                                      357                                               108,000.00      20060601                          957.77
     32547                          8.9685                             20360501                                                                      357                                               144,000.00      20060601                        1,208.20
     70615                          10.3435                            20360501                                                                      357                                              247,500.00       20060601                       2,328.99
     70633                          10.1185                            20360501                                                                      357                                                 62,700.00     20060601                           579.41
     71220                          9.3685                             20210501                                                                      177                                                 112,125.00    20060601                         1,196.34
     70815                          9.8435                             20360501                                                                      357                                               148,500.00      20060601                         1,341.76
     70394                          7.8685                             20360501                                                                      357                                               100,000.00      20060601                          760.07
     70471                          8.2435                             20360501                                                                      357                                               102,600.00      20060601                           807.15
     70374                          6.8685                             20360501                                                                      357                                                 79,950.00     20060601                           552.19
     70560                          6.4935                             20360501                                                                      357                                               102,400.00      20060601                           681.27
     32818                          8.1685                             20360501                                                                      357                                               190,000.00      20060601                        1,373.54
     34711                          8.2435                             20360501                                                                      357                                               162,500.00      20060601                        1,278.39
     32773                          9.2685                             20360501                                                                      357                                               189,600.00      20060601                        1,632.44
     32773                          9.6935                             20360501                                                                      357                                                117,709.00     20060601                        1,050.42
     32805                          6.9935                             20360501                                                                      357                                                  81,220.00    20060601                          567.90
     37083                          11.3685                            20210101                                                                      173                                                 26,000.00     20060201                          309.96
     30310                          10.2185                            20360501                                                                      357                                                  98,100.00    20060601                           913.90
     30011                          11.3685                            20360401                                                                      356                                                 42,400.00     20060501                          432.06
     30071                          7.2435                             20360501                                                                      357                                                115,500.00     20060601                          827.46
     30025                          8.6935                             20360501                                                                      357                                                171,900.00     20060601                        1,407.95
     11233                          8.0685                             20360101                                                                      353                                              432,000.00       20060201                       3,344.70
     11233                          11.6435                            20210101                                                                      173                                                  81,000.00    20060201                          842.54
     95993                          7.9935                             20360601                                                                      358                                               150,000.00      20060701                         1,153.37
     33177                          8.9635                             20360501                                                                      357                                              446,250.00       20060601                        3,521.66
     90008                          11.4935                            20260501                                                                      237                                                 22,600.00     20060601                          248.85
     33155                          8.1335                             20360601                                                                      358                                              376,000.00       20060701                       2,707.20
     33155                          10.3735                            20360601                                                                      358                                                 94,000.00     20060701                          886.67
     77017                          9.4635                             20210501                                                                      177                                                  15,200.00    20060601                           133.05
     72223                          7.6185                             20360701                                                                      359                                              239,920.00       20060801                         1,781.40
     93535                          7.3685                             20360501                                                                      357                                              228,000.00       20060601                        1,496.25
     19138                          9.1435                             20360701                                                                      359                                              225,000.00       20060801                         1,916.60
     97501                          8.0135                             20360601                                                                      358                                              306,000.00       20060701                         2,172.61
     85022                          8.2435                             20360601                                                                      358                                               238,125.00      20060701                        1,736.33
     33912                          7.1435                             20360601                                                                      358                                              325,200.00       20060701                        2,073.16
     40220                          8.6335                             20360601                                                                      358                                              204,000.00       20060701                        1,553.80
     48219                          9.0435                             20360601                                                                      358                                                 63,000.00     20060701                          532.04
     22485                          7.3685                             20360501                                                                      357                                              300,000.00       20060601                         2,175.21
     23139                          7.3535                             20360601                                                                      358                                              364,000.00       20060701                       2,384.20
     23139                          11.5435                            20360601                                                                      358                                                  91,000.00    20060701                          939.54
     33912                          11.4535                            20360601                                                                      358                                                 40,650.00     20060701                           405.15
     55379                          7.0885                             20360601                                                                      358                                               319,500.00      20060701                       2,254.82
     85251                          6.9885                             20360601                                                                      358                                               160,000.00      20060701                          1,118.20
     63118                          7.9235                             20360601                                                                      358                                               102,320.00      20060701                           781.69
     94533                          7.6535                             20360601                                                                      358                                               319,500.00      20060701                       2,259.97
     93436                          6.1735                             20360601                                                                      358                                              295,200.00       20060701                        1,643.28
     55443                          6.7435                             20360401                                                                      356                                               192,000.00      20060501                         1,160.00
     37172                          9.8685                             20360501                                                                      357                                                 95,000.00     20060601                           860.14
     92505                          8.2935                             20360501                                                                      357                                              372,000.00       20060601                       2,727.82
     92505                          11.7435                            20360501                                                                      357                                                 93,000.00     20060601                          974.54
     92591                          6.0935                             20360501                                                                      357                                               415,750.00      20060601                       2,286.63
     63118                          12.6635                            20360601                                                                      358                                                 25,580.00     20060701                          286.37
     90723                          7.3685                             20360201                                                                      354                                              292,000.00       20060301                       2,002.97
     90723                          11.3685                            20210201                                                                      174                                                 73,000.00     20060301                          743.87
     95687                          6.9935                             20360301                                                                      355                                              476,000.00       20060401                        3,132.42
     95687                          10.7435                            20210301                                                                      175                                                 89,000.00     20060401                          864.42
     22406                          8.2435                             20360301                                                                      355                                              250,750.00       20060401                        1,886.07
     89110                          8.3685                             20360401                                                                      356                                               216,750.00      20060501                          1,651.10
     92201                          6.9935                             20360301                                                                      355                                              250,000.00       20060401                         1,645.18
     98296                          6.7435                             20360401                                                                      356                                               361,600.00      20060501                        2,313.05
     93535                          7.1185                             20360401                                                                      356                                              247,500.00       20060501                        1,572.65
     85210                          7.4835                             20360401                                                                      356                                              229,600.00       20060501                         1,594.71
     85210                          11.6185                            20210401                                                                      176                                                 57,400.00     20060501                          595.95
     97351                          6.8685                             20360401                                                                      356                                                151,920.00     20060501                        1,049.27
     97351                          11.6185                            20210401                                                                      176                                                 37,980.00     20060501                          394.33
     91709                          7.8685                             20360401                                                                      356                                              605,000.00       20060501                       4,377.79
     95624                          9.4835                             20360401                                                                      356                                              360,000.00       20060501                        3,054.10
     89703                          8.8685                             20360401                                                                      356                                              520,000.00       20060501                        4,325.10
     91767                          6.8685                             20360401                                                                      356                                               182,000.00      20060501                          1,180.91
     97527                          6.6185                             20360401                                                                      356                                              224,000.00       20060501                        1,330.00
     22625                          7.7435                             20360401                                                                      356                                              272,000.00       20060501                        1,942.46
     95354                          6.2435                             20360401                                                                      356                                              345,000.00       20060501                        2,081.58
     85213                          7.8685                             20360401                                                                      356                                               312,300.00      20060501                        2,259.81
     89108                          6.8685                             20360401                                                                      356                                              240,000.00       20060501                        1,475.00
     89108                          11.6185                            20210401                                                                      176                                                 60,000.00     20060501                          622.95
     85249                          8.7435                             20360501                                                                      357                                              500,000.00       20060601                       3,953.30
     91701                          6.9935                             20360401                                                                      356                                              300,000.00       20060501                       2,097.64
     94585                          7.3685                             20360501                                                                      357                                              420,000.00       20060601                       2,756.25
     94585                          11.1185                            20210501                                                                      177                                               105,000.00      20060601                        1,049.83
     92231                          5.6185                             20360501                                                                      357                                              270,300.00       20060601                         1,510.85
     93591                          10.2435                            20360601                                                                      358                                                 73,000.00     20060701                           681.45
     23960                          6.9885                             20360701                                                                      359                                                 90,000.00     20060801                          628.99
     85205                          8.9935                             20360601                                                                      358                                              207,000.00       20060701                        1,740.57
     15108                          7.6185                             20360601                                                                      358                                                151,000.00     20060701                           1,121.17
     85381                          8.2435                             20360601                                                                      358                                              408,000.00       20060701                       2,975.00
     23323                          6.4885                             20360601                                                                      358                                               157,600.00      20060701                           918.65
     22408                          7.1135                             20360601                                                                      358                                               195,500.00      20060701                        1,383.07
     23059                          7.1185                             20360601                                                                      358                                                 90,000.00     20060701                          600.59
     30543                          8.2435                             20360501                                                                      357                                                107,120.00     20060601                           781.08
     45069                          7.1435                             20360601                                                                      358                                               188,000.00      20060701                        1,333.89
     10303                          8.0435                             20360201                                                                      354                                              288,000.00       20060301                       2,224.68
     30543                          12.3935                            20210501                                                                      177                                                 26,780.00     20060601                           294.15
     90002                          7.1935                             20360601                                                                      358                                              245,900.00       20060701                        1,577.86
     90047                          7.2185                             20360601                                                                      358                                              353,000.00       20060701                       2,522.84
     93550                          7.9935                             20360601                                                                      358                                              296,000.00       20060701                       2,096.67
     93550                          11.0435                            20210601                                                                      178                                                 74,000.00     20060701                          735.64
     85027                          7.8235                             20360601                                                                      358                                               185,600.00      20060701                        1,288.37
     7060                           9.4235                             20360601                                                                      358                                              289,000.00       20060701                        2,521.25
     84098                          7.0735                             20360601                                                                      358                                              250,000.00       20060701                         1,579.17
     55419                          9.3935                             20360601                                                                      358                                              260,000.00       20060701                       2,262.50
     7055                           9.2435                             20360301                                                                      355                                               441,000.00      20060401                       3,788.88
     34653                          6.9935                             20360501                                                                      357                                              207,000.00       20060601                        1,447.37
     33460                          6.2935                             20360401                                                                      356                                                118,250.00     20060501                          770.90
     15226                          10.2435                            20360401                                                                      356                                                 55,000.00     20060501                            513.41
     15144                          7.8335                             20360501                                                                      357                                                 66,250.00     20060601                            501.91
     33071                          10.6335                            20210401                                                                      176                                                 43,200.00     20060501                           415.98
     33319                          9.3335                             20360401                                                                      356                                                 90,000.00     20060501                           779.19
     60617                          8.4435                             20360501                                                                      357                                               108,000.00      20060601                          805.50
     60617                          11.2435                            20210501                                                                      177                                                 27,000.00     20060601                          272.54
     33162                          6.6335                             20360401                                                                      356                                              276,000.00       20060501                        1,743.29
     33179                          7.6435                             20360501                                                                      357                                              342,000.00       20060601                       2,322.75
     33435                          6.8435                             20360501                                                                      357                                              248,000.00       20060601                        1,708.65
     33015                          6.7335                             20360501                                                                      357                                               126,400.00      20060601                           762.61
     33161                          8.0435                             20360501                                                                      357                                               170,250.00      20060601                           1,315.11
     15108                          8.3435                             20360501                                                                      357                                               104,000.00      20060601                           825.61
     33033                          6.4835                             20360501                                                                      357                                              203,200.00       20060601                        1,350.53
     16001                          8.7435                             20360501                                                                      357                                                116,000.00     20060601                          954.30
     33313                          6.6335                             20360501                                                                      357                                              235,000.00       20060601                        1,484.32
     15108                          12.4835                            20360501                                                                      357                                                 29,000.00     20060601                          320.57
     55040                          6.9935                             20360501                                                                      357                                              206,000.00       20060601                        1,287.50
     33437                          8.1935                             20360501                                                                      357                                               180,000.00      20060601                        1,347.02
     30094                          5.8435                             20360501                                                                      357                                               135,900.00      20060601                            719.14
     15226                          7.9435                             20360501                                                                      357                                                 97,000.00     20060601                           742.41
     33183                          10.6335                            20210301                                                                      175                                                 50,000.00     20060401                           481.46
     33624                          9.6335                             20360401                                                                      356                                              270,000.00       20060501                       2,397.42
     33461                          10.3335                            20210401                                                                      176                                                 38,000.00     20060501                          357.30
     34113                          10.3335                            20210401                                                                      176                                                 58,200.00     20060501                          547.23
     19560                          12.6835                            20360401                                                                      356                                                  18,600.00    20060501                          208.52
     62703                          7.6185                             20360401                                                                      356                                                 66,400.00     20060501                          493.02
     33442                          7.3335                             20360401                                                                      356                                              226,800.00       20060501                        1,638.95
     32824                          8.6335                             20360401                                                                      356                                                 67,500.00     20060501                          549.93
     33054                          9.7835                             20360401                                                                      356                                               156,750.00      20060501                        1,409.30
     34473                          9.4335                             20360401                                                                      356                                                 63,000.00     20060501                          550.08
     33176                          7.8935                             20360501                                                                      357                                               148,000.00      20060601                        1,036.00
     32808                          7.3635                             20360401                                                                      356                                                  95,100.00    20060501                           689.21
     32808                          11.4835                            20210401                                                                      176                                                 23,800.00     20060501                          244.63
     33176                          10.8335                            20210501                                                                      177                                                 37,000.00     20060601                           361.90
     33019                          7.0935                             20360401                                                                      356                                               319,200.00      20060501                       2,253.79
     33415                          10.3335                            20210501                                                                      177                                                 48,400.00     20060601                          455.08
     33904                          12.6835                            20210501                                                                      177                                                 40,000.00     20060601                          448.43
     33073                          9.4835                             20360401                                                                      356                                              400,000.00       20060501                       3,507.33
     34982                          8.3935                             20360501                                                                      357                                              235,800.00       20060601                        1,748.84
     2920                           6.8335                             20360501                                                                      357                                              260,000.00       20060601                        1,789.56
     34744                          7.0835                             20360501                                                                      357                                              342,400.00       20060601                        2,165.68
     28166                          7.4835                             20360501                                                                      357                                                 69,600.00     20060601                           510.22
     33024                          8.3435                             20360501                                                                      357                                              429,250.00       20060601                        3,261.59
     33168                          7.1935                             20360501                                                                      357                                              228,000.00       20060601                        1,625.55
     20747                          7.1835                             20360501                                                                      357                                              264,000.00       20060601                         1,691.80
     33401                          10.3335                            20210501                                                                      177                                                  41,200.00    20060601                          387.38
     30315                          8.2335                             20360501                                                                      357                                               120,000.00      20060601                           943.18
     33634                          7.3435                             20360501                                                                      357                                                151,200.00     20060601                           989.10
     33010                          6.8335                             20360501                                                                      357                                              252,000.00       20060601                        1,628.62
     43219                          8.7835                             20360501                                                                      357                                                 45,000.00     20060601                            371.51
     33321                          6.4835                             20360501                                                                      357                                              236,000.00       20060601                        1,374.70
     33312                          6.4935                             20360501                                                                      357                                              200,000.00       20060601                        1,242.86
     33312                          11.4835                            20210501                                                                      177                                                 50,000.00     20060601                           513.92
     43612                          11.4935                            20360501                                                                      357                                                 94,500.00     20060601                          972.04
     53206                          9.2835                             20360501                                                                      357                                                 77,400.00     20060601                          644.50
     34759                          7.7435                             20360501                                                                      357                                              236,250.00       20060601                        1,774.87
     33138                          7.2835                             20360501                                                                      357                                               105,000.00      20060601                           755.14
     34761                          7.2935                             20360501                                                                      357                                              282,050.00       20060601                       2,030.39
     33610                          7.4835                             20360501                                                                      357                                               104,000.00      20060601                          762.39
     48042                          7.4835                             20360501                                                                      357                                              300,200.00       20060601                       2,200.67
     17104                          10.4835                            20360501                                                                      357                                                 65,700.00     20060601                           625.18
     34744                          7.4435                             20360501                                                                      357                                               109,200.00      20060601                          797.47
     30344                          8.3035                             20360501                                                                      357                                               122,800.00      20060601                           971.34
     33129                          6.8685                             20360501                                                                      357                                              237,000.00       20060601                        1,636.90
     33162                          7.0335                             20360501                                                                      357                                              224,800.00       20060601                        1,578.00
     32068                          6.4835                             20360501                                                                      357                                               213,350.00      20060601                         1,417.99
     48213                          7.6335                             20360501                                                                      357                                                 60,000.00     20060601                           446.13
     33607                          7.8835                             20360501                                                                      357                                               160,000.00      20060601                          1,118.28
     33607                          11.7835                            20210501                                                                      177                                                 40,000.00     20060601                          420.40
     48198                          7.8935                             20360501                                                                      357                                               103,900.00      20060601                           791.55
     53215                          8.3835                             20360501                                                                      357                                               136,850.00      20060601                         1,090.31
     32907                          7.3935                             20360501                                                                      357                                                110,000.00     20060601                          799.49
     33023                          10.1185                            20360501                                                                      357                                                  51,400.00    20060601                          474.99
     27891                          9.5435                             20360401                                                                      356                                                 63,000.00     20060501                          555.20
     38109                          10.2935                            20360401                                                                      356                                                 83,700.00     20060501                          784.47
     49721                          10.1935                            20360301                                                                      355                                                 65,700.00     20060401                           610.83
     38134                          10.6335                            20360401                                                                      356                                                  53,100.00    20060501                             511.31
     1841                           8.7435                             20360401                                                                      356                                              288,000.00       20060501                        2,369.31
     56441                          7.4835                             20360301                                                                      355                                               199,500.00      20060401                        1,462.47
     48219                          10.7935                            20360301                                                                      355                                               170,850.00      20060401                        1,665.89
     48223                          11.6835                            20360401                                                                      356                                                 54,000.00     20060501                          563.36
     46035                          9.3435                             20360401                                                                      356                                                 62,900.00     20060501                          545.03
     48192                          6.8335                             20360401                                                                      356                                                 76,800.00     20060501                           528.61
     48192                          11.0935                            20260401                                                                      236                                                  19,200.00    20060501                          206.08
     46628                          9.1935                             20360401                                                                      356                                                  51,450.00    20060501                           440.15
     32703                          10.4585                            20210401                                                                      176                                                 28,000.00     20060501                           265.91
     48237                          8.5935                             20360401                                                                      356                                                112,000.00     20060501                          909.25
     48127                          10.4835                            20360501                                                                      357                                                 84,000.00     20060601                          799.32
     46952                          8.8335                             20360401                                                                      356                                               124,650.00      20060501                        1,033.60
     47129                          9.2435                             20360401                                                                      356                                               109,800.00      20060501                          943.35
     46237                          6.4435                             20360401                                                                      356                                               100,000.00      20060501                           661.95
     1104                           7.6335                             20360401                                                                      356                                               132,000.00      20060501                            931.71
     2905                           7.5835                             20360401                                                                      356                                               160,000.00      20060501                         1,184.08
     2905                           11.5335                            20210401                                                                      176                                                 40,000.00     20060501                           412.68
     20754                          8.2335                             20360401                                                                      356                                              327,250.00       20060501                        2,572.14
     1603                           8.3535                             20360401                                                                      356                                              236,000.00       20060501                         1,875.18
     28602                          9.6835                             20360401                                                                      356                                               123,000.00      20060501                        1,096.72
     27524                          6.8835                             20360401                                                                      356                                              300,000.00       20060501                       2,075.09
     2907                           6.9935                             20360401                                                                      356                                               215,200.00      20060501                        1,345.00
     46237                          9.8835                             20210401                                                                      176                                                 25,000.00     20060501                          226.63
     34711                          8.9935                             20360401                                                                      356                                               217,600.00      20060501                        1,829.70
     46807                          9.1335                             20360401                                                                      356                                                 72,000.00     20060501                           612.78
     38116                          9.5835                             20360401                                                                      356                                                 75,000.00     20060501                           663.17
     38127                          10.4335                            20360401                                                                      356                                                 64,800.00     20060501                            614.17
     21221                          12.7835                            20360501                                                                      357                                                  31,200.00    20060601                          352.22
     2478                           7.6185                             20360501                                                                      357                                              200,000.00       20060601                        1,484.99
     46222                          10.7935                            20360401                                                                      356                                                 58,500.00     20060501                           570.41
     49306                          9.4835                             20360501                                                                      357                                               183,300.00      20060601                        1,607.23
     33610                          10.3335                            20210501                                                                      177                                                 37,800.00     20060601                          355.42
     34984                          8.4835                             20360401                                                                      356                                              290,650.00       20060501                       2,336.54
     49307                          6.9335                             20360501                                                                      357                                                115,600.00     20060601                           755.61
     38141                          8.3835                             20360501                                                                      357                                                 111,200.00    20060601                          885.95
     2907                           7.9335                             20360401                                                                      356                                              240,000.00       20060501                        1,835.20
     37857                          8.2835                             20360501                                                                      357                                                 74,800.00     20060601                          590.59
     38141                          8.9835                             20360501                                                                      357                                                  83,100.00    20060601                           698.14
     32750                          7.1435                             20360501                                                                      357                                               174,000.00      20060601                         1,109.25
     48205                          7.2335                             20360501                                                                      357                                                 80,000.00     20060601                          572.58
     38135                          11.6435                            20210501                                                                      177                                                 27,350.00     20060601                          284.49
     46324                          9.3435                             20360501                                                                      357                                                 76,500.00     20060601                          662.88
     33993                          6.5435                             20360501                                                                      357                                              230,000.00       20060601                        1,537.93
     20744                          7.1435                             20360501                                                                      357                                              280,000.00       20060601                        1,785.00
     43612                          12.4335                            20360501                                                                      357                                                   13,100.00   20060601                           144.30
     28667                          7.4835                             20360501                                                                      357                                                 75,200.00     20060601                           551.27
     49506                          7.6435                             20360501                                                                      357                                               102,400.00      20060601                            762.11
     49506                          10.4835                            20260501                                                                      237                                                 25,600.00     20060601                          264.07
     33905                          7.4435                             20360501                                                                      357                                                  79,150.00    20060601                          547.37
     44139                          7.9935                             20360501                                                                      357                                               221,000.00      20060601                         1,620.14
     21237                          7.4935                             20360501                                                                      357                                               215,200.00      20060601                        1,434.66
     34652                          7.3935                             20360501                                                                      357                                               105,750.00      20060601                          768.60
     33026                          8.1435                             20360401                                                                      356                                              279,200.00       20060501                        2,176.56
     33702                          10.2335                            20210501                                                                      177                                                 28,400.00     20060601                          264.90
     34748                          12.6835                            20210501                                                                      177                                                 23,900.00     20060601                          267.94
     17097                          8.7435                             20360501                                                                      357                                                 98,000.00     20060601                          806.22
     32209                          8.7335                             20360501                                                                      357                                               106,250.00      20060601                          873.32
     60639                          8.0835                             20360201                                                                      354                                              336,000.00       20060301                       2,486.23
     60639                          8.2835                             20360301                                                                      355                                               321,600.00      20060401                       2,428.83
     60639                          11.9935                            20360301                                                                      355                                                 60,300.00     20060401                          643.56
     60435                          8.4835                             20360401                                                                      356                                               153,000.00      20060501                        1,229.97
     60629                          11.6935                            20210501                                                                      177                                                 45,000.00     20060601                          469.82
     60085                          8.3435                             20360401                                                                      356                                               108,000.00      20060501                          857.36
     60131                          7.5335                             20360401                                                                      356                                               193,600.00      20060501                        1,425.97
     60504                          9.8835                             20210401                                                                      176                                                 39,800.00     20060501                          360.80
     60628                          7.4935                             20360401                                                                      356                                               172,000.00      20060501                         1,146.67
     60619                          7.4835                             20360401                                                                      356                                               100,000.00      20060501                          733.07
     60641                          8.2435                             20360401                                                                      356                                              328,000.00       20060501                       2,580.38
     60707                          11.8685                            20210501                                                                      177                                                 39,400.00     20060601                           416.68
     60506                          7.2935                             20360401                                                                      356                                               145,600.00      20060501                         1,048.13
     60406                          11.7685                            20360501                                                                      357                                                 28,000.00     20060601                          293.95
     60804                          8.0435                             20360501                                                                      357                                               160,000.00      20060601                         1,179.04
     60804                          11.0935                            20360501                                                                      357                                                 40,000.00     20060601                           399.17
     61054                          6.9935                             20360501                                                                      357                                               100,800.00      20060601                           704.81
     60431                          7.0935                             20360501                                                                      357                                              268,000.00       20060601                        1,697.33
     60459                          7.3435                             20360501                                                                      357                                                171,200.00     20060601                           1,112.61
     60452                          8.7435                             20360501                                                                      357                                              240,300.00       20060601                        1,976.89
     60506                          7.7435                             20360501                                                                      357                                               315,200.00      20060601                        2,167.00
     60805                          7.4835                             20360501                                                                      357                                               217,600.00      20060601                         1,595.16
     60622                          7.7435                             20360501                                                                      357                                              325,000.00       20060601                       2,320.95
     60639                          8.0435                             20360501                                                                      357                                              308,000.00       20060601                       2,269.65
     60053                          6.7435                             20360501                                                                      357                                              204,800.00       20060601                         1,397.10
     60612                          7.7635                             20360501                                                                      357                                              300,800.00       20060601                       2,264.04
     60191                          6.6135                             20360501                                                                      357                                               180,000.00      20060601                         1,212.09
     60425                          8.0435                             20360501                                                                      357                                               127,500.00      20060601                          939.55
     60636                          7.4135                             20360501                                                                      357                                              250,750.00       20060601                        1,728.46
     60073                          7.3935                             20360501                                                                      357                                               123,200.00      20060601                          895.42
     60090                          7.4835                             20360501                                                                      357                                               162,000.00      20060601                        1,078.50
     60609                          9.2435                             20360501                                                                      357                                                 75,000.00     20060601                          644.37
     60629                          7.7435                             20360501                                                                      357                                               175,200.00      20060601                        1,204.50
     60506                          8.6835                             20360501                                                                      357                                               140,000.00      20060601                         1,072.17
     60448                          8.1435                             20360501                                                                      357                                                 96,000.00     20060601                           714.74
     60448                          11.0335                            20210501                                                                      177                                                 24,000.00     20060601                          238.40
     60623                          7.8935                             20360501                                                                      357                                              228,000.00       20060601                        1,596.00
     60623                          10.0835                            20210501                                                                      177                                                 42,750.00     20060601                          393.93
     60525                          12.1185                            20210501                                                                      177                                                 60,900.00     20060601                          655.87
     53140                          8.3935                             20360501                                                                      357                                               140,250.00      20060601                           1,118.41
     6112                           7.7435                             20360501                                                                      357                                              200,000.00       20060601                        1,502.53
     23513                          8.2185                             20360501                                                                      357                                               186,200.00      20060601                          1,461.51
     32168                          9.0935                             20360501                                                                      357                                                113,600.00     20060601                           963.51
     45238                          9.4835                             20360501                                                                      357                                                  71,280.00    20060601                           625.01
     48205                          10.1935                            20360401                                                                      356                                                  61,600.00    20060501                           572.71
     48336                          9.5435                             20360501                                                                      357                                                 80,000.00     20060601                           705.01
     48135                          8.5935                             20360501                                                                      357                                               122,000.00      20060601                          990.43
     46237                          10.2935                            20360401                                                                      356                                                 66,800.00     20060501                          626.08
     53143                          10.4435                            20360301                                                                      355                                              265,500.00       20060401                        2,518.39
     1109                           9.8835                             20360301                                                                      355                                               123,200.00      20060401                          1,116.84
     63301                          9.7435                             20360401                                                                      356                                                135,915.00     20060501                         1,217.94
     32907                          11.9935                            20360401                                                                      356                                                 42,700.00     20060501                          455.72
     32901                          12.4435                            20360401                                                                      356                                                 25,800.00     20060501                          284.39
     92880                          6.2935                             20360301                                                                      355                                              325,000.00       20060401                         1,841.67
     92675                          6.9435                             20360501                                                                      357                                              432,000.00       20060601                       2,826.92
     53227                          8.8435                             20360501                                                                      357                                              324,000.00       20060601                       2,688.98
     65631                          8.8935                             20360501                                                                      357                                                  69,120.00    20060601                           576.16
     23602                          11.7635                            20360501                                                                      357                                               178,500.00      20060601                        1,873.25
     30008                          8.4835                             20360501                                                                      357                                                 60,000.00     20060601                          482.34
     64429                          7.9835                             20360401                                                                      356                                                  71,200.00    20060501                          546.96
     77088                          8.3435                             20360401                                                                      356                                                 94,500.00     20060501                           750.19
     77547                          8.7635                             20360401                                                                      356                                                 75,900.00     20060501                           625.51
     75061                          8.1835                             20360401                                                                      356                                                  91,200.00    20060501                           713.57
     64080                          7.8835                             20360501                                                                      357                                                  91,800.00    20060601                          698.72
     48227                          8.7335                             20360501                                                                      357                                                 72,000.00     20060601                           591.80
     64030                          10.4435                            20360401                                                                      356                                               130,500.00      20060501                        1,237.85
     64155                          9.0835                             20360501                                                                      357                                                115,200.00     20060601                          976.24
     77073                          8.1835                             20360401                                                                      356                                                 88,000.00     20060501                          688.53
     75228                          9.8435                             20360501                                                                      357                                                 70,400.00     20060601                          636.09
     75220                          6.9835                             20360501                                                                      357                                               103,900.00      20060601                          725.77
     77084                          8.2935                             20360501                                                                      357                                                 72,000.00     20060601                          569.00
     77449                          7.9935                             20360501                                                                      357                                                 98,300.00     20060601                          755.84
     63031                          8.7435                             20360501                                                                      357                                              244,000.00       20060601                       2,007.33
     65721                          9.8335                             20360501                                                                      357                                               164,050.00      20060601                         1,481.04
     75040                          8.4035                             20360501                                                                      357                                                112,000.00     20060601                          893.93
     79735                          10.9835                            20360501                                                                      357                                                 90,000.00     20060601                          890.58
     63121                          8.3335                             20360501                                                                      357                                                 78,300.00     20060601                           621.03
     77379                          9.4435                             20360501                                                                      357                                                 44,000.00     20060601                           384.51
     76108                          10.6935                            20360501                                                                      357                                                 50,400.00     20060601                          487.60
     49509                          7.4335                             20360501                                                                      357                                                 87,200.00     20060601                          636.20
     75228                          9.4435                             20360501                                                                      357                                                  15,900.00    20060601                           138.95
     76067                          9.6335                             20360501                                                                      357                                                 64,000.00     20060601                          568.28
     77064                          9.4435                             20360501                                                                      357                                                  19,050.00    20060601                           166.47
     75074                          9.4835                             20360501                                                                      357                                                 96,000.00     20060601                           841.76
     75248                          9.0935                             20360501                                                                      357                                               172,950.00      20060601                        1,466.89
     75180                          7.7335                             20360501                                                                      357                                                 68,000.00     20060601                           485.10
     8059                           6.2435                             20360501                                                                      357                                               152,000.00      20060601                          985.87
     8205                           7.7435                             20360501                                                                      357                                               104,000.00      20060601                           781.32
     7461                           7.1835                             20360501                                                                      357                                               108,000.00      20060601                          769.25
     77032                          8.7185                             20360401                                                                      356                                                112,000.00     20060501                           919.37
     77535                          7.9935                             20360401                                                                      356                                               124,533.00      20060501                          957.55
     77373                          7.3685                             20360501                                                                      357                                               103,500.00      20060601                          750.45
     78109                          7.4935                             20360501                                                                      357                                               154,000.00      20060601                         1,130.00
     17921                          9.9935                             20360501                                                                      357                                                 62,250.00     20060601                          569.43
     95205                          7.3435                             20360501                                                                      357                                              288,000.00       20060601                        1,884.00
     93230                          6.6185                             20360501                                                                      357                                               158,500.00      20060601                           941.09
     93630                          8.7435                             20360501                                                                      357                                                  61,600.00    20060601                          506.77
     22153                          9.2435                             20360501                                                                      357                                              200,000.00       20060601                          1,718.31
     23701                          7.4935                             20360501                                                                      357                                               126,000.00      20060601                          924.54
     21643                          9.5935                             20360401                                                                      356                                               108,000.00      20060501                          955.77
     20737                          8.2435                             20360501                                                                      357                                               231,000.00      20060601                         1,817.28
     17522                          9.8435                             20360501                                                                      357                                               172,000.00      20060601                         1,554.10
     17551                          9.5935                             20360501                                                                      357                                               157,500.00      20060601                        1,393.83
     96791                          8.9935                             20360401                                                                      356                                               213,750.00      20060501                          1,731.51
     19943                          8.6685                             20360401                                                                      356                                               105,000.00      20060501                            858.11
     19966                          9.7935                             20360501                                                                      357                                                181,050.00     20060601                         1,629.12
     21213                          7.9935                             20360501                                                                      357                                                 93,002.00     20060601                            715.10
     21239                          8.4935                             20360501                                                                      357                                                 40,000.00     20060601                           321.85
     23701                          7.9935                             20360501                                                                      357                                                115,000.00     20060601                          884.25
     23608                          9.8215                             20360501                                                                      357                                                 75,000.00     20060601                          676.43
     43056                          7.9935                             20360301                                                                      355                                               133,000.00      20060401                        1,022.65
     44260                          8.2435                             20360501                                                                      357                                                110,000.00     20060601                          865.37
     45237                          8.2435                             20360501                                                                      357                                                 99,750.00     20060601                          784.73
     43110                          8.2435                             20360501                                                                      357                                               124,000.00      20060601                           975.51
     45227                          8.2435                             20360501                                                                      357                                               108,000.00      20060601                          849.64
     80524                          8.2435                             20360401                                                                      356                                               198,450.00      20060501                          1,561.21
     80239                          7.3685                             20360501                                                                      357                                               144,500.00      20060601                        1,047.73
     79373                          7.6435                             20360401                                                                      356                                                 80,000.00     20060501                          595.40
     75701                          7.2685                             20360501                                                                      357                                                 85,600.00     20060601                           614.73
     79414                          8.2685                             20260501                                                                      237                                                 58,000.00     20060601                           513.48
     75961                          9.3435                             20360501                                                                      357                                                 79,200.00     20060601                          686.27
     76131                          7.9335                             20360501                                                                      357                                                 78,400.00     20060601                          599.50
     75220                          10.6835                            20360501                                                                      357                                               195,000.00      20060601                        1,885.08
     77503                          7.7685                             20360501                                                                      357                                               105,600.00      20060601                           795.19
     77072                          6.6435                             20260501                                                                      237                                                  91,400.00    20060601                           716.88
     75454                          10.3685                            20360501                                                                      357                                               170,660.00      20060601                         1,609.14
     76234                          7.9685                             20360401                                                                      356                                               100,000.00      20060501                           767.14
     75220                          9.8935                             20360501                                                                      357                                               139,000.00      20060601                           1,261.11
     75062                          7.9935                             20360501                                                                      357                                                 70,500.00     20060601                          542.08
     75104                          9.2435                             20360501                                                                      357                                                117,600.00     20060601                         1,010.37
     91340                          6.2435                             20360501                                                                      357                                               417,000.00      20060601                       2,345.63
     95116                          6.4685                             20360501                                                                      357                                               351,000.00      20060601                        2,174.85
     93230                          8.3435                             20360501                                                                      357                                               157,500.00      20060601                        1,250.32
     77088                          9.1185                             20360501                                                                      357                                                114,750.00     20060601                          975.36
     98626                          8.0435                             20360501                                                                      357                                               127,500.00      20060601                          908.44
     97487                          10.6185                            20360501                                                                      357                                                 34,000.00     20060601                           327.01
     95215                          6.6335                             20360501                                                                      357                                              248,000.00       20060601                        1,566.43
     99114                          9.0585                             20360401                                                                      356                                                 53,250.00     20060501                          450.28
     95301                          8.4335                             20360401                                                                      356                                              259,200.00       20060501                       2,074.40
     93635                          10.4835                            20210401                                                                      176                                                110,000.00     20060501                        1,046.72
     95695                          11.1835                            20210401                                                                      176                                                  81,200.00    20060501                            815.91
     94533                          11.2835                            20210401                                                                      176                                                 72,000.00     20060501                          728.98
     99202                          11.1335                            20360401                                                                      356                                                 20,000.00     20060501                          200.20
     95901                          11.2835                            20210401                                                                      176                                                 52,000.00     20060501                          526.49
     93230                          11.1835                            20210501                                                                      177                                                 37,000.00     20060601                           371.78
     93701                          7.7835                             20360401                                                                      356                                               148,000.00      20060501                          1,116.04
     93711                          9.0335                             20360501                                                                      357                                              367,200.00       20060601                       3,098.34
     95815                          11.1835                            20210501                                                                      177                                                  61,000.00    20060601                           612.94
     98584                          10.9935                            20210501                                                                      177                                                 34,000.00     20060601                          336.70
     95948                          11.1835                            20210501                                                                      177                                                 46,000.00     20060601                           462.21
     84118                          6.8435                             20360501                                                                      357                                                117,300.00     20060601                           808.16
     95023                          9.9835                             20210501                                                                      177                                                 60,900.00     20060601                          556.62
     85258                          11.1835                            20210501                                                                      177                                                 33,000.00     20060601                           331.59
     95824                          7.1335                             20360501                                                                      357                                              248,000.00       20060601                        1,578.93
     95687                          11.1835                            20210501                                                                      177                                                 57,600.00     20060601                          578.77
     95823                          11.1835                            20210501                                                                      177                                                 69,000.00     20060601                          693.32
     95948                          9.7435                             20360501                                                                      357                                               120,000.00      20060601                        1,075.32
     84104                          8.6335                             20360501                                                                      357                                               133,000.00      20060601                        1,083.57
     98022                          6.9835                             20360501                                                                      357                                              220,000.00       20060601                         1,446.13
     95660                          6.9335                             20360501                                                                      357                                               212,000.00      20060601                        1,385.72
     95336                          7.2085                             20360501                                                                      357                                              396,000.00       20060601                       2,545.95
     95376                          7.6085                             20360501                                                                      357                                              476,800.00       20060601                       3,224.36
     98390                          6.4935                             20360501                                                                      357                                              248,400.00       20060601                        1,449.00
     98390                          9.7335                             20210501                                                                      177                                                  62,100.00    20060601                          556.02
     92201                          11.1835                            20210401                                                                      176                                                 45,000.00     20060501                           452.17
     92252                          8.0585                             20360401                                                                      356                                               156,800.00      20060501                         1,212.89
     80918                          7.9935                             20360401                                                                      356                                              266,050.00       20060501                       2,045.69
     91761                          10.4835                            20210401                                                                      176                                                 86,000.00     20060501                           818.35
     80204                          10.6335                            20210401                                                                      176                                                 35,200.00     20060501                          338.95
     89115                          11.1835                            20210401                                                                      176                                                 49,000.00     20060501                          492.36
     89119                          6.7335                             20360401                                                                      356                                              246,400.00       20060501                         1,679.21
     85031                          10.3835                            20210401                                                                      176                                                 38,000.00     20060501                          358.73
     92705                          9.3835                             20360501                                                                      357                                              258,750.00       20060601                        2,249.71
     92307                          8.4085                             20360501                                                                      357                                              242,250.00       20060601                        1,934.40
     90059                          11.2835                            20210401                                                                      176                                                 80,000.00     20060501                          809.98
     97918                          11.1835                            20210501                                                                      177                                                 29,000.00     20060601                           291.40
     90031                          10.4835                            20210501                                                                      177                                               100,000.00      20060601                           951.57
     92057                          9.0525                             20360501                                                                      357                                              246,300.00       20060601                        2,081.63
     92675                          11.1835                            20210501                                                                      177                                                 67,600.00     20060601                          679.25
     92562                          11.2835                            20210501                                                                      177                                                110,000.00     20060601                          1,113.72
     93701                          7.2435                             20360501                                                                      357                                                 111,000.00    20060601                          795.22
     85019                          10.4835                            20210501                                                                      177                                                 47,000.00     20060601                          447.24
     85031                          8.4835                             20360501                                                                      357                                               140,000.00      20060601                         1,125.46
     92410                          7.7335                             20360501                                                                      357                                              208,000.00       20060601                        1,483.84
     92410                          11.1835                            20210501                                                                      177                                                 52,000.00     20060601                          522.50
     92557                          10.7835                            20210501                                                                      177                                                 70,400.00     20060601                           685.91
     93532                          11.0835                            20210501                                                                      177                                                 64,500.00     20060601                           643.17
     86403                          7.2585                             20360501                                                                      357                                               199,900.00      20060601                        1,293.52
     92395                          7.3835                             20360501                                                                      357                                              300,000.00       20060601                        2,178.33
     90222                          8.4835                             20360501                                                                      357                                              334,000.00       20060601                       2,685.04
     85220                          8.2585                             20360501                                                                      357                                               172,000.00      20060601                        1,256.32
     92114                          8.2835                             20360501                                                                      357                                              352,000.00       20060601                       2,658.42
     92503                          7.1835                             20360501                                                                      357                                               516,000.00      20060601                       3,675.32
     92057                          7.3585                             20360501                                                                      357                                              300,000.00       20060601                        1,966.25
     93001                          8.1835                             20360501                                                                      357                                              408,000.00       20060601                        3,192.27
     91343                          10.9835                            20210501                                                                      177                                                 73,500.00     20060601                          727.30
     80808                          8.1835                             20360501                                                                      357                                               146,700.00      20060601                        1,096.70
     92571                          7.8835                             20360501                                                                      357                                              252,000.00       20060601                         1,918.05
     92571                          10.4835                            20210501                                                                      177                                                 63,000.00     20060601                          599.49
     92582                          7.5585                             20360501                                                                      357                                              260,000.00       20060601                        1,820.50
     92083                          7.2435                             20360501                                                                      357                                              372,000.00       20060601                       2,402.50
     89107                          7.3585                             20360501                                                                      357                                               216,000.00      20060601                         1,415.70
     90220                          6.6585                             20360501                                                                      357                                              492,000.00       20060601                       2,937.65
     85086                          11.4335                            20210501                                                                      177                                                 58,450.00     20060601                          598.53
     93551                          9.7335                             20210501                                                                      177                                                 83,000.00     20060601                           743.15
     90011                          7.8335                             20360501                                                                      357                                              460,000.00       20060601                        3,197.00
     90814                          7.8835                             20360501                                                                      357                                              500,000.00       20060601                       3,495.83
     90814                          10.8835                            20210501                                                                      177                                              200,000.00       20060601                         1,963.81
     85031                          11.0335                            20210501                                                                      177                                                 37,800.00     20060601                          375.48
     93305                          8.2435                             20360501                                                                      357                                               185,500.00      20060601                        1,459.33
     91335                          7.0335                             20360501                                                                      357                                              279,900.00       20060601                         1,758.71
     92545                          7.0335                             20360501                                                                      357                                              307,200.00       20060601                        1,928.92
     90002                          7.8585                             20360501                                                                      357                                              308,000.00       20060601                        2,147.02
     90002                          11.1835                            20210501                                                                      177                                                 77,000.00     20060601                           773.71
     85387                          7.2835                             20360501                                                                      357                                              255,000.00       20060601                        1,833.90
     92240                          6.8835                             20360501                                                                      357                                               194,400.00      20060601                         1,263.51
     92335                          6.1335                             20360501                                                                      357                                               316,000.00      20060601                        1,748.53
     80910                          10.1835                            20210501                                                                      177                                                 25,000.00     20060601                          232.24
     90042                          6.9085                             20360501                                                                      357                                              255,000.00       20060601                        1,575.69
     91911                          7.5085                             20360501                                                                      357                                               381,600.00      20060601                       2,548.77
     80013                          8.3585                             20360501                                                                      357                                                191,950.00     20060601                         1,418.03
     89156                          7.9685                             20360501                                                                      357                                                191,200.00     20060601                        1,350.35
     92629                          9.0335                             20360501                                                                      357                                              395,200.00       20060601                        3,213.67
     80920                          9.4935                             20360501                                                                      357                                               100,000.00      20060601                          877.57
     85017                          7.4335                             20360501                                                                      357                                                 90,000.00     20060601                          656.63
     80503                          10.4835                            20210501                                                                      177                                                 57,000.00     20060601                          542.39
     85364                          8.5835                             20360501                                                                      357                                                 98,550.00     20060601                          799.35
     85364                          9.7935                             20360501                                                                      357                                              422,400.00       20060601                       3,800.84
     85648                          8.2935                             20360501                                                                      357                                               104,500.00      20060601                          766.05
     85035                          8.3435                             20360501                                                                      357                                                141,000.00     20060601                         1,071.37
     85345                          7.8685                             20360501                                                                      357                                              300,000.00       20060601                       2,093.75
     86409                          6.4435                             20360501                                                                      357                                               142,800.00      20060601                          882.22
     87114                          9.3685                             20360501                                                                      357                                               108,000.00      20060601                          937.82
     85630                          9.1435                             20360501                                                                      357                                               156,000.00      20060601                        1,328.84
     85022                          7.9685                             20360501                                                                      357                                               190,000.00      20060601                         1,341.88
     85297                          6.7435                             20360501                                                                      357                                               218,240.00      20060601                        1,488.78
     92399                          6.2435                             20360501                                                                      357                                              433,000.00       20060601                       2,435.63
     92509                          6.3685                             20360401                                                                      356                                               391,000.00      20060501                       2,568.59
     92507                          6.1185                             20360501                                                                      357                                               175,000.00      20060601                           966.15
     83839                          8.1185                             20360401                                                                      356                                                112,500.00     20060501                           875.01
     80249                          8.2435                             20360401                                                                      356                                               196,650.00      20060501                         1,479.14
     80241                          8.2435                             20360401                                                                      356                                              285,000.00       20060501                        2,242.10
     80204                          8.2435                             20360501                                                                      357                                               148,000.00      20060601                         1,164.32
     80233                          8.9935                             20360501                                                                      357                                               150,000.00      20060601                         1,261.28
     80204                          8.2435                             20360501                                                                      357                                                 50,000.00     20060601                          393.35
     33189                          6.8685                             20360501                                                                      357                                              370,554.00       20060601                       2,404.35
     33142                          8.0335                             20360501                                                                      357                                               133,000.00      20060601                        1,026.43
     53546                          7.9935                             20360301                                                                      355                                               155,800.00      20060401                         1,197.97
     55927                          8.2435                             20360401                                                                      356                                               143,000.00      20060501                        1,075.60
     56347                          8.2435                             20360501                                                                      357                                                110,500.00     20060601                          869.30
     53511                          8.2435                             20360501                                                                      357                                                 95,000.00     20060601                          747.37
     55021                          8.2435                             20360501                                                                      357                                                151,800.00     20060601                          1,194.21
     55076                          8.9935                             20360501                                                                      357                                               133,000.00      20060601                        1,077.38
     85035                          8.4835                             20360401                                                                      356                                               180,000.00      20060501                        1,447.03
     93258                          7.4335                             20360501                                                                      357                                               122,250.00      20060601                           891.92
     85017                          6.7435                             20360401                                                                      356                                               100,000.00      20060501                           682.18
     85017                          10.9835                            20210401                                                                      176                                                 25,000.00     20060501                          247.38
     85019                          11.2835                            20210401                                                                      176                                                 40,000.00     20060501                          404.99
     95820                          7.5085                             20360501                                                                      357                                               216,750.00      20060601                        1,592.70
     81001                          7.4335                             20360501                                                                      357                                                 59,850.00     20060601                           413.45
     85035                          6.9935                             20360501                                                                      357                                                191,900.00     20060601                         1,341.79
     85017                          8.4335                             20360501                                                                      357                                               144,000.00      20060601                         1,152.45
     92394                          6.6435                             20360501                                                                      357                                              335,200.00       20060601                         2,119.66
     92394                          10.0835                            20210501                                                                      177                                                 83,800.00     20060601                          772.20
     85019                          8.9085                             20360501                                                                      357                                               148,800.00      20060601                         1,241.97
     85037                          8.7835                             20360501                                                                      357                                              207,000.00       20060601                        1,643.08
     85035                          8.1835                             20360501                                                                      357                                               154,400.00      20060601                        1,208.05
     85035                          11.1835                            20210501                                                                      177                                                 38,600.00     20060601                          387.86
     85043                          7.2585                             20360501                                                                      357                                              234,400.00       20060601                         1,516.76
     92345                          7.4835                             20360501                                                                      357                                              342,000.00       20060601                        2,277.15
     85323                          8.0585                             20360501                                                                      357                                               214,200.00      20060601                        1,528.85
     85301                          6.5835                             20360501                                                                      357                                                 62,000.00     20060601                           416.24
     85301                          9.3835                             20210501                                                                      177                                                 25,000.00     20060601                           217.36
     89015                          6.4935                             20360401                                                                      356                                              208,250.00       20060501                         1,214.79
     89705                          8.2435                             20360501                                                                      357                                              235,200.00       20060601                         1,715.00
     61068                          8.2435                             20360501                                                                      357                                                101,600.00     20060601                          799.29
     60827                          8.2435                             20360501                                                                      357                                                 65,500.00     20060601                           515.29
     61115                          8.2435                             20360501                                                                      357                                                 80,000.00     20060601                           601.74
     61115                          8.7335                             20360501                                                                      357                                                 20,000.00     20060601                           164.39
     48180                          8.2435                             20360501                                                                      357                                               136,000.00      20060601                         1,069.91
     48801                          8.2435                             20360501                                                                      357                                                 79,799.00     20060601                          627.78
     48213                          8.2435                             20360501                                                                      357                                                 92,000.00     20060601                          692.00
     48504                          8.2435                             20360501                                                                      357                                                 87,550.00     20060601                          688.76
     60445                          8.2435                             20360501                                                                      357                                                119,500.00     20060601                            940.11
     60644                          8.2435                             20360501                                                                      357                                               157,200.00      20060601                        1,236.69
     46408                          8.2435                             20360401                                                                      356                                                  81,700.00    20060501                          642.73
     46254                          8.2435                             20360401                                                                      356                                                117,000.00     20060501                          920.44
     49444                          8.2435                             20360501                                                                      357                                                  71,250.00    20060601                          560.52
     47331                          8.2435                             20360501                                                                      357                                                 79,050.00     20060601                           621.89
     47165                          8.2435                             20360501                                                                      357                                               146,500.00      20060601                         1,152.52
     46402                          8.2435                             20360501                                                                      357                                                  51,000.00    20060601                           401.22
     46201                          8.2435                             20360501                                                                      357                                                 75,650.00     20060601                           595.14
     46383                          8.2435                             20360501                                                                      357                                               125,000.00      20060601                          983.38
     79103                          8.2435                             20360501                                                                      357                                                 64,800.00     20060601                          509.78
     75051                          9.9935                             20210501                                                                      177                                                 88,000.00     20060601                          972.75
     75602                          8.7435                             20360501                                                                      357                                                 76,000.00     20060601                          625.23
     76015                          10.0935                            20360501                                                                      357                                               108,000.00      20060601                          996.00
     75751                          9.5835                             20360501                                                                      357                                                 66,000.00     20060601                          583.59
     63077                          8.2435                             20360401                                                                      356                                               102,000.00      20060501                          802.43
     63116                          8.9935                             20360501                                                                      357                                               126,450.00      20060601                        1,063.26
     65010                          8.2435                             20360501                                                                      357                                                 63,750.00     20060601                           501.52
     55008                          7.7435                             20360501                                                                      357                                              200,000.00       20060601                        1,502.53
     56164                          8.2435                             20360501                                                                      357                                                 74,000.00     20060601                           556.61
     60432                          8.2435                             20360501                                                                      357                                               123,200.00      20060601                          926.67
     60419                          7.7435                             20360501                                                                      357                                               142,200.00      20060601                        1,068.30
     61554                          8.2435                             20360501                                                                      357                                                 90,900.00     20060601                             715.11
     60178                          8.2435                             20360501                                                                      357                                               160,000.00      20060601                        1,258.72
     60655                          7.6185                             20360501                                                                      357                                               180,000.00      20060601                        1,268.48
     60628                          8.2435                             20360501                                                                      357                                                 99,000.00     20060601                          744.65
     61109                          8.2435                             20360501                                                                      357                                               149,640.00      20060601                         1,177.22
     60031                          8.2435                             20360501                                                                      357                                               221,000.00      20060601                         1,738.61
     60432                          9.9935                             20360501                                                                      357                                                 30,800.00     20060601                           281.74
     32218                          7.4935                             20360401                                                                      356                                               184,500.00      20060501                        1,353.80
     32571                          6.6185                             20360401                                                                      356                                                131,400.00     20060501                          885.27
     32547                          6.4685                             20360501                                                                      357                                                110,000.00     20060601                          729.99
     32526                          7.1185                             20360501                                                                      357                                               130,000.00      20060601                           920.13
     32219                          11.3685                            20360501                                                                      357                                                 42,400.00     20060601                          432.06
     32137                          8.2185                             20360501                                                                      357                                               196,000.00      20060601                        1,470.50
     32244                          8.4935                             20360501                                                                      357                                               132,000.00      20060601                         1,062.10
     32137                          9.9435                             20360501                                                                      357                                              204,000.00       20060601                        1,858.45
     32277                          7.9585                             20360501                                                                      357                                               107,200.00      20060601                           821.62
     70454                          10.1185                            20360501                                                                      357                                                 72,000.00     20060601                          665.35
     71254                          6.3685                             20360501                                                                      357                                                119,000.00     20060601                           781.75
     70584                          7.3435                             20360501                                                                      357                                                 92,700.00     20060601                          670.53
     70068                          7.9935                             20360501                                                                      357                                                112,000.00     20060601                            861.18
     71037                          7.8685                             20360501                                                                      357                                               122,850.00      20060601                          933.75
     71078                          7.9935                             20360501                                                                      357                                                  81,000.00    20060601                          622.82
     37055                          9.6185                             20210301                                                                      175                                                  15,000.00    20060401                           162.34
     30655                          10.2435                            20360401                                                                      356                                               139,500.00      20060501                         1,302.21
     39837                          9.2435                             20360401                                                                      356                                                 65,200.00     20060501                           560.17
     30044                          9.2935                             20360401                                                                      356                                               138,550.00      20060501                          1,131.49
     31005                          7.5935                             20360501                                                                      357                                               124,800.00      20060601                          924.45
     30736                          10.6185                            20360501                                                                      357                                                 26,500.00     20060601                          254.87
     31907                          8.9685                             20360501                                                                      357                                                 72,000.00     20060601                           604.10
     30655                          7.9935                             20360501                                                                      357                                               152,000.00      20060601                         1,168.75
     31634                          6.3685                             20360501                                                                      357                                                112,500.00     20060601                          739.04
     30083                          10.4835                            20360501                                                                      357                                                 27,600.00     20060601                          262.63
     31005                          9.3835                             20360501                                                                      357                                                 23,400.00     20060601                          203.45
     24401                          7.8835                             20360601                                                                      358                                               199,500.00      20060701                        1,394.84
     33026                          7.8035                             20360601                                                                      358                                               140,000.00      20060701                        1,057.69
     85053                          7.4435                             20360601                                                                      358                                              246,000.00       20060701                        1,629.76
     19539                          7.5135                             20360701                                                                      359                                                101,760.00     20060801                           748.10
     34232                          9.7635                             20360601                                                                      358                                               195,000.00      20060701                        1,750.30
     19539                          11.9935                            20260701                                                                      239                                                 25,440.00     20060801                          289.04
     89512                          9.1935                             20360501                                                                      357                                                 88,800.00     20060601                          759.67
     89512                          11.6035                            20360501                                                                      357                                                 22,200.00     20060601                          230.23
     21061                          9.7435                             20360601                                                                      358                                              224,000.00       20060701                         1,913.33
     48227                          9.1835                             20360501                                                                      357                                                 66,600.00     20060601                          569.26
     22309                          9.3685                             20360501                                                                      357                                              229,600.00       20060601                        1,889.42
     20110                          7.3685                             20360401                                                                      356                                              365,250.00       20060501                       2,648.32
     6854                           8.2185                             20360501                                                                      357                                              288,000.00       20060601                       2,260.56
     12209                          7.6185                             20360401                                                                      356                                                110,000.00     20060501                           816.75
     19055                          7.7185                             20360401                                                                      356                                              234,000.00       20060501                        1,753.85
     34639                          7.2535                             20360201                                                                      354                                               198,750.00      20060301                        1,425.24
     19956                          7.4835                             20360401                                                                      356                                              220,500.00       20060501                          1,616.41
     33556                          7.7185                             20360501                                                                      357                                                 88,500.00     20060601                          663.32
     81144                          8.6185                             20360401                                                                      356                                                119,000.00     20060501                          968.22
     32763                          8.9935                             20360401                                                                      356                                                 118,150.00    20060501                          993.47
     11238                          8.7435                             20360401                                                                      356                                               195,000.00      20060501                        1,604.22
     83402                          8.7935                             20360401                                                                      356                                                 97,600.00     20060501                          806.47
     74070                          7.7335                             20360401                                                                      356                                                 67,000.00     20060501                          502.88
     32327                          7.4935                             20360401                                                                      356                                                 67,000.00     20060501                           491.62
     71282                          7.9935                             20360401                                                                      356                                               156,000.00      20060501                          1,199.51
     37860                          8.5785                             20360401                                                                      356                                                112,000.00     20060501                          908.04
     29420                          8.9935                             20360401                                                                      356                                               127,200.00      20060501                        1,069.57
     19150                          7.9935                             20360401                                                                      356                                               187,000.00      20060501                        1,437.87
     19150                          6.7685                             20360501                                                                      357                                                 97,350.00     20060601                          665.75
     90242                          7.5435                             20360301                                                                      355                                              350,000.00       20060401                       2,580.39
     93638                          6.4935                             20360401                                                                      356                                              208,000.00       20060501                        1,383.83
     93535                          7.2935                             20360401                                                                      356                                              238,500.00       20060501                         1,716.89
     93552                          6.8935                             20360401                                                                      356                                              352,000.00       20060501                        2,170.67
     89129                          7.9935                             20360401                                                                      356                                              390,000.00       20060501                       2,998.76
     85365                          7.0935                             20360401                                                                      356                                                141,000.00     20060501                          995.57
     93215                          7.8735                             20360401                                                                      356                                               153,000.00      20060501                         1,163.45
     94043                          7.1685                             20360401                                                                      356                                              594,000.00       20060501                       4,224.74
     89081                          8.3435                             20360401                                                                      356                                              438,049.00       20060501                       3,477.47
     95824                          7.9935                             20360401                                                                      356                                              230,000.00       20060501                         1,629.16
     95350                          6.6935                             20360401                                                                      356                                              266,400.00       20060501                        1,598.40
     90746                          7.6935                             20360501                                                                      357                                              360,000.00       20060601                        2,691.92
     90745                          6.4935                             20360401                                                                      356                                               190,000.00      20060501                         1,108.33
     85015                          7.0435                             20360501                                                                      357                                                 92,000.00     20060601                          646.43
     92407                          7.9935                             20360501                                                                      357                                              424,000.00       20060601                        3,260.19
     91710                          7.2435                             20360401                                                                      356                                              455,000.00       20060501                       2,938.54
     98012                          8.5935                             20360401                                                                      356                                              268,000.00       20060501                        2,175.70
     92405                          7.8935                             20360401                                                                      356                                              284,000.00       20060501                        1,987.99
     90280                          6.8435                             20360401                                                                      356                                              340,000.00       20060501                        2,342.51
     89128                          7.9935                             20360401                                                                      356                                               216,000.00      20060501                        1,660.85
     84780                          7.4435                             20360401                                                                      356                                               221,050.00      20060501                        1,464.46
     92394                          7.4435                             20360401                                                                      356                                              225,000.00       20060501                        1,490.63
     81520                          7.2435                             20360401                                                                      356                                               157,250.00      20060501                         1,126.56
     92675                          7.3935                             20360401                                                                      356                                              432,000.00       20060501                       2,843.87
     92382                          7.2435                             20360501                                                                      357                                              232,000.00       20060601                        1,662.08
     92832                          8.2935                             20360501                                                                      357                                              497,000.00       20060601                       3,644.67
     92653                          7.4935                             20360501                                                                      357                                              390,000.00       20060601                       2,600.00
     93454                          7.1935                             20360401                                                                      356                                              387,000.00       20060501                       2,483.25
     33411                          9.2035                             20360601                                                                      358                                               245,100.00      20060701                       2,098.60
     23832                          8.4835                             20360601                                                                      358                                              225,000.00       20060701                        1,685.60
     78217                          10.9935                            20360601                                                                      358                                                 55,000.00     20060701                          544.66
     83301                          7.0935                             20360401                                                                      356                                                 60,000.00     20060501                          399.28
     55060                          7.2935                             20360601                                                                      358                                                 92,000.00     20060701                          662.28
     55060                          11.2035                            20360601                                                                      358                                                 23,000.00     20060701                           231.46
     90305                          6.6635                             20360601                                                                      358                                              300,000.00       20060701                        1,792.50
     95973                          7.9585                             20360601                                                                      358                                               316,000.00      20060701                        2,229.12
     95973                          12.0035                            20210601                                                                      178                                                 59,250.00     20060701                           632.81
     30034                          8.0485                             20360401                                                                      356                                                 77,200.00     20060501                          550.37
     30034                          12.3335                            20210401                                                                      176                                                  19,300.00    20060501                            211.09
     30263                          6.1185                             20360201                                                                      354                                              206,283.00       20060301                          1,138.41
     30349                          6.7435                             20360101                                                                      353                                              200,756.00       20060201                         1,212.90
     30349                          9.9935                             20210101                                                                      173                                                  50,189.00    20060201                           459.10
     30213                          12.7685                            20210501                                                                      177                                                 43,298.00     20060601                          488.29
     30213                          8.2935                             20360501                                                                      357                                                173,192.00     20060601                        1,269.32
     30052                          12.4685                            20210301                                                                      175                                                 34,480.00     20060401                          380.74
     30052                          7.9635                             20360401                                                                      356                                                169,641.00     20060501                         1,197.38
     30331                          8.3935                             20360401                                                                      356                                                187,120.00     20060501                         1,387.81
     30331                          10.6785                            20210401                                                                      176                                                 46,780.00     20060501                          452.05
     30043                          6.3685                             20360201                                                                      354                                               136,050.00      20060301                          779.44
     30233                          6.8685                             20351101                                                                      351                                               102,400.00      20051201                          628.06
     30252                          7.9935                             20360401                                                                      356                                               177,348.00      20060501                        1,256.22
     30252                          12.7185                            20210401                                                                      176                                                 44,337.00     20060501                          498.27
     30252                          8.0435                             20360401                                                                      356                                                121,360.00     20060501                          864.69
     30252                          12.2685                            20210401                                                                      176                                                 30,340.00     20060501                          330.29
     30157                          7.8585                             20360401                                                                      356                                               150,400.00      20060501                         1,048.41
     30157                          11.7435                            20210401                                                                      176                                                 37,600.00     20060501                           394.01
     85041                          9.3035                             20360701                                                                      359                                               108,000.00      20060801                          932.65
     1590                           6.9935                             20360401                                                                      356                                              234,500.00       20060501                        1,639.66
     22172                          7.3235                             20360701                                                                      359                                              200,000.00       20060801                         1,305.01
     32819                          7.4835                             20360601                                                                      358                                              382,500.00       20060701                       2,803.98
     32757                          7.9935                             20360801                                                                      360                                               120,000.00      20060901                          922.70
     7631                           9.0135                             20360601                                                                      358                                              396,000.00       20060701                         3,141.60
     46203                          9.0035                             20360601                                                                      358                                                 67,500.00     20060701                          568.07
     98338                          7.2935                             20360601                                                                      358                                              248,000.00       20060701                        1,687.26
     34286                          8.7435                             20360601                                                                      358                                              226,500.00       20060701                        1,790.85
     89110                          9.1835                             20360601                                                                      358                                              208,000.00       20060701                        1,679.60
     33157                          8.4685                             20360501                                                                      357                                               221,000.00      20060601                        1,774.24
     72002                          11.0935                            20210401                                                                      176                                                 20,980.00     20060501                          209.37
     34714                          11.2435                            20210401                                                                      176                                                  61,000.00    20060501                           615.74
     30314                          11.4935                            20210401                                                                      176                                                 46,600.00     20060501                          479.33
     63031                          11.6435                            20210401                                                                      176                                                 39,000.00     20060501                          405.67
     19503                          10.4835                            20360301                                                                      355                                                  15,500.00    20060401                           147.49
     77023                          9.9935                             20210401                                                                      176                                                 25,400.00     20060501                          232.34
     75035                          9.7435                             20210201                                                                      174                                                 38,850.00     20060301                           348.14
     79762                          9.7435                             20210401                                                                      176                                                 52,980.00     20060501                          474.75
     63033                          11.5935                            20210401                                                                      176                                                 32,480.00     20060501                          336.60
     75034                          9.7435                             20210401                                                                      176                                                 45,202.00     20060501                          405.06
     89129                          13.0935                            20210501                                                                      177                                                 94,000.00     20060601                        1,084.09
     76651                          9.7435                             20210301                                                                      175                                                 26,400.00     20060401                          236.57
     85239                          12.0935                            20210501                                                                      177                                                 77,898.00     20060601                          837.43
     28227                          10.5935                            20210501                                                                      177                                                  19,980.00    20060601                            191.79
     44857                          11.0935                            20360501                                                                      357                                                  21,600.00    20060601                           215.55
     79703                          9.7435                             20210401                                                                      176                                                  15,000.00    20060501                           134.42
     79701                          9.7435                             20210401                                                                      176                                                  19,080.00    20060501                           170.98
     32254                          12.6435                            20210401                                                                      176                                                 20,000.00     20060501                          223.59
     53076                          12.6435                            20210401                                                                      176                                                 73,000.00     20060501                           816.09
     43461                          11.5435                            20360401                                                                      356                                                  21,000.00    20060501                           216.82
     23703                          11.4835                            20210401                                                                      176                                                 37,300.00     20060501                          383.39
     23831                          11.5935                            20210401                                                                      176                                                  31,500.00    20060501                          326.44
     85374                          10.7435                            20210401                                                                      176                                                 36,000.00     20060501                          349.65
     85051                          9.7435                             20210401                                                                      176                                                 38,000.00     20060501                          340.52
     76052                          9.4735                             20210401                                                                      176                                                 47,252.00     20060501                           413.97
     80030                          11.0935                            20360501                                                                      357                                                 26,500.00     20060601                          264.45
     75080                          9.7435                             20210501                                                                      177                                                  14,900.00    20060601                           133.52
     74066                          11.5935                            20360501                                                                      357                                                  14,400.00    20060601                           149.23
     49256                          11.6435                            20210401                                                                      176                                                  17,400.00    20060501                           180.99
     43567                          11.6435                            20360401                                                                      356                                                  16,580.00    20060501                           172.46
     75042                          9.9935                             20210501                                                                      177                                                 20,600.00     20060601                           188.44
     72401                          12.0935                            20210501                                                                      177                                                 30,000.00     20060601                           322.51
     32808                          12.0935                            20210401                                                                      176                                                 27,000.00     20060501                          290.26
     85204                          10.7435                            20210401                                                                      176                                                 45,360.00     20060501                          440.56
     75019                          9.7435                             20210501                                                                      177                                                 65,000.00     20060601                          582.47
     85051                          12.0935                            20210401                                                                      176                                                 53,000.00     20060501                          569.76
     85326                          12.0935                            20210501                                                                      177                                                   50,191.00   20060601                          539.56
     85353                          12.0935                            20210501                                                                      177                                                 67,000.00     20060601                          720.27
     75002                          9.4835                             20210501                                                                      177                                                 29,860.00     20060601                           261.83
     32208                          12.1435                            20210501                                                                      177                                                  19,400.00    20060601                           209.31
     35750                          12.5935                            20360501                                                                      357                                                  15,200.00    20060601                           169.34
     77545                          9.7435                             20210501                                                                      177                                                 25,800.00     20060601                           231.20
     85345                          12.5935                            20210501                                                                      177                                                 40,000.00     20060601                           445.61
     75034                          9.9935                             20210501                                                                      177                                                 54,026.00     20060601                          494.20
     77338                          9.9935                             20210501                                                                      177                                                 20,800.00     20060601                           190.27
     98391                          11.0935                            20210501                                                                      177                                                 55,000.00     20060601                          548.87
     32034                          12.0435                            20210401                                                                      176                                                  39,100.00    20060501                           418.82
     86326                          13.0935                            20210501                                                                      177                                                 52,400.00     20060601                          604.33
     86322                          13.0935                            20210501                                                                      177                                                 37,920.00     20060601                          437.33
     28214                          11.0935                            20210501                                                                      177                                                 24,823.00     20060601                          247.72
     85035                          12.0935                            20210501                                                                      177                                                 39,200.00     20060601                            421.41
     70737                          12.1435                            20210501                                                                      177                                                 27,600.00     20060601                          297.78
     98208                          11.7935                            20210501                                                                      177                                                 53,000.00     20060601                          557.44
     85035                          10.5435                            20210501                                                                      177                                                 33,000.00     20060601                           315.52
     85335                          13.0935                            20210501                                                                      177                                                 40,000.00     20060601                           461.32
     85009                          12.5935                            20210501                                                                      177                                                 33,400.00     20060601                          372.09
     85225                          12.5935                            20210501                                                                      177                                                 50,800.00     20060601                          565.93
     85204                          11.5435                            20210501                                                                      177                                                 43,000.00     20060601                          443.96
     85201                          11.2435                            20210501                                                                      177                                                 42,000.00     20060601                          423.96
     85323                          12.5935                            20210501                                                                      177                                                 50,800.00     20060601                          565.92
     75115                          9.9935                             20210501                                                                      177                                                 49,000.00     20060601                          448.22
     33218                          13.0935                            20210501                                                                      177                                                 37,500.00     20060601                          432.49
     71203                          12.0935                            20210501                                                                      177                                                  15,400.00    20060601                           165.55
     32168                          8.2935                             20360501                                                                      357                                               174,000.00      20060601                        1,375.08
     77031                          8.4835                             20360501                                                                      357                                                 93,000.00     20060601                          747.63
     64130                          10.8735                            20360501                                                                      357                                                 60,000.00     20060601                          588.69
     62025                          9.2435                             20360401                                                                      356                                              433,000.00       20060501                        3,720.14
     85033                          6.9935                             20360301                                                                      355                                               156,000.00      20060401                        1,090.77
     44142                          7.6435                             20360301                                                                      355                                                119,000.00     20060401                           801.44
     80107                          9.2935                             20360301                                                                      355                                               195,000.00      20060401                        1,592.50
     85007                          8.0935                             20360501                                                                      357                                              424,900.00       20060601                        3,045.12
     89129                          8.3935                             20360501                                                                      357                                              279,999.00       20060601                       2,076.66
     63122                          7.2435                             20360501                                                                      357                                              338,400.00       20060601                       2,424.34
     39503                          7.7035                             20360301                                                                      355                                               139,500.00      20060401                         1,044.10
     38128                          7.1435                             20360301                                                                      355                                               144,000.00      20060401                         1,021.70
     43452                          8.1435                             20360301                                                                      355                                               153,000.00      20060401                         1,192.74
     98037                          6.9935                             20360501                                                                      357                                              230,850.00       20060601                         1,442.81
     76210                          8.5435                             20360401                                                                      356                                                 117,120.00    20060501                          946.59
     48505                          10.0935                            20360501                                                                      357                                                  53,125.00    20060601                          489.93
     63135                          9.0735                             20360401                                                                      356                                                118,800.00     20060501                        1,005.88
     92344                          6.4835                             20360501                                                                      357                                                211,950.00     20060601                         1,234.61
     48224                          7.8435                             20360501                                                                      357                                                 73,600.00     20060601                            558.11
     43605                          10.0935                            20360301                                                                      355                                                 76,500.00     20060401                          705.50
     87120                          9.4835                             20360401                                                                      356                                               167,200.00      20060501                        1,466.06
     78840                          8.1435                             20360501                                                                      357                                              206,500.00       20060601                         1,609.81
     75126                          9.0435                             20360401                                                                      356                                               182,700.00      20060501                         1,542.91
     70815                          8.1435                             20360401                                                                      356                                                 83,600.00     20060501                           651.72
     63031                          7.8935                             20360501                                                                      357                                               103,200.00      20060601                          786.22
     64130                          7.9935                             20360501                                                                      357                                                 62,700.00     20060601                            482.11
     85031                          8.8435                             20360501                                                                      357                                               146,250.00      20060601                         1,213.78
     89129                          7.3935                             20360501                                                                      357                                              376,000.00       20060601                       2,475.33
     71603                          8.9235                             20360501                                                                      357                                                 54,800.00     20060601                          458.00
     44134                          7.3935                             20360301                                                                      355                                                115,200.00     20060401                          758.40
     33569                          8.8435                             20360401                                                                      356                                               128,730.00      20060501                        1,068.37
     76651                          6.9935                             20360301                                                                      355                                               105,600.00      20060401                          660.00
     66013                          8.2435                             20360401                                                                      356                                               120,000.00      20060501                          944.04
     73771                          9.8235                             20360401                                                                      356                                                 50,000.00     20060501                           451.03
     79705                          10.7435                            20360301                                                                      355                                                 55,000.00     20060401                           534.19
     80219                          8.2435                             20360501                                                                      357                                                117,000.00     20060601                          920.44
     85239                          8.1435                             20360501                                                                      357                                                 311,591.00    20060601                       2,429.07
     75228                          8.3935                             20360501                                                                      357                                               136,000.00      20060601                        1,084.52
     28227                          7.9935                             20360501                                                                      357                                                 79,920.00     20060601                           614.52
     77095                          8.0935                             20360501                                                                      357                                               134,400.00      20060601                        1,042.96
     63088                          8.6935                             20360401                                                                      356                                              259,200.00       20060501                        2,122.99
     33823                          9.5435                             20360401                                                                      356                                               178,400.00      20060501                         1,494.10
     79705                          7.8685                             20360401                                                                      356                                               142,800.00      20060501                        1,085.38
     23227                          8.0435                             20360501                                                                      357                                              365,000.00       20060601                       2,600.63
     75146                          8.2935                             20360401                                                                      356                                               123,405.00      20060501                          904.97
     36264                          8.4935                             20360501                                                                      357                                                  90,100.00    20060601                          724.96
     23324                          7.6435                             20360401                                                                      356                                               126,277.00      20060501                          857.63
     66006                          10.0935                            20360401                                                                      356                                                171,000.00     20060501                        1,577.00
     43461                          6.7735                             20360401                                                                      356                                                 84,000.00     20060501                          574.74
     38801                          9.7435                             20360501                                                                      357                                               180,000.00      20060601                         1,612.98
     75114                          8.9935                             20360501                                                                      357                                               133,950.00      20060601                         1,126.32
     76014                          7.4435                             20360401                                                                      356                                                 93,600.00     20060501                          683.54
     46205                          9.9435                             20360401                                                                      356                                                  91,000.00    20060501                           829.01
     37127                          8.4835                             20360401                                                                      356                                                141,300.00     20060501                         1,135.92
     21632                          8.5935                             20360401                                                                      356                                               144,500.00      20060501                        1,095.79
     80120                          9.0735                             20360401                                                                      356                                               176,400.00      20060501                        1,493.57
     76052                          6.6835                             20360401                                                                      356                                                 189,011.00    20060501                          1,281.71
     80030                          7.0935                             20360501                                                                      357                                               106,000.00      20060601                           671.33
     75080                          7.8935                             20360501                                                                      357                                                 59,600.00     20060601                          454.06
     74066                          8.4035                             20360501                                                                      357                                                 57,600.00     20060601                          459.74
     79924                          7.3435                             20360501                                                                      357                                               109,600.00      20060601                          792.78
     80219                          8.1435                             20360501                                                                      357                                               136,000.00      20060601                          980.33
     89148                          8.2785                             20360501                                                                      357                                              277,500.00       20060601                        2,031.53
     30080                          8.9435                             20360501                                                                      357                                              284,750.00       20060601                       2,383.96
     74361                          11.3435                            20360501                                                                      357                                                  53,180.00    20060601                          540.88
     85304                          8.4835                             20360501                                                                      357                                               224,100.00      20060601                        1,678.88
     78046                          8.9435                             20360501                                                                      357                                                101,250.00     20060601                          847.67
     33770                          8.0435                             20360501                                                                      357                                               139,500.00      20060601                          993.94
     75042                          7.9935                             20360501                                                                      357                                                 82,400.00     20060601                          633.58
     51503                          7.5435                             20360501                                                                      357                                               104,000.00      20060601                          766.74
     32703                          9.7435                             20260501                                                                      237                                               140,250.00      20060601                        1,376.75
     77433                          7.2435                             20360501                                                                      357                                               102,684.00      20060601                          735.64
     76711                          9.6135                             20360501                                                                      357                                                 78,500.00     20060601                          695.86
     75227                          9.4435                             20360501                                                                      357                                                  51,500.00    20060601                          450.05
     76401                          7.8935                             20360501                                                                      357                                                 92,720.00     20060601                          706.38
     72401                          7.2935                             20360501                                                                      357                                               120,000.00      20060601                          863.84
     44718                          7.3435                             20360501                                                                      357                                               100,000.00      20060601                          723.33
     35773                          9.5935                             20360501                                                                      357                                               207,100.00      20060601                        1,743.02
     63136                          7.7435                             20360501                                                                      357                                                 72,250.00     20060601                          542.79
     32808                          7.4835                             20360501                                                                      357                                               158,400.00      20060601                           1,161.18
     75189                          7.2435                             20360501                                                                      357                                               100,400.00      20060601                           719.28
     85027                          7.1935                             20360501                                                                      357                                               190,000.00      20060601                        1,354.62
     33311                          6.8935                             20360501                                                                      357                                               133,600.00      20060601                          823.87
     75019                          8.0435                             20360501                                                                      357                                              260,000.00       20060601                       2,008.40
     20748                          8.4935                             20360501                                                                      357                                               301,500.00      20060601                        2,261.25
     38901                          7.2435                             20360501                                                                      357                                               126,000.00      20060601                          902.68
     33594                          7.4935                             20360401                                                                      356                                              236,000.00       20060501                        1,573.33
     85326                          7.8435                             20360501                                                                      357                                              200,767.00       20060601                        1,397.00
     80022                          6.9935                             20360501                                                                      357                                               148,000.00      20060601                          925.00
     75701                          7.4835                             20360501                                                                      357                                                119,480.00     20060601                          795.54
     85353                          7.2435                             20360501                                                                      357                                              268,000.00       20060601                        1,730.83
     75002                          8.3435                             20360501                                                                      357                                                119,440.00     20060601                           948.18
     78577                          9.2185                             20360501                                                                      357                                                 79,900.00     20060601                          685.00
     30360                          9.4835                             20360501                                                                      357                                               185,600.00      20060601                        1,627.40
     32208                          8.0935                             20360501                                                                      357                                                 77,600.00     20060601                           602.19
     35750                          9.1435                             20360501                                                                      357                                                 60,800.00     20060601                            517.91
     55449                          9.1935                             20360501                                                                      357                                               351,200.00      20060601                       3,004.46
     75116                          6.7435                             20360501                                                                      357                                                 77,280.00     20060601                           527.19
     38016                          8.8935                             20360401                                                                      356                                               104,500.00      20060501                           871.08
     66213                          7.8935                             20360401                                                                      356                                               296,100.00      20060501                       2,255.80
     85019                          8.8935                             20360501                                                                      357                                               178,200.00      20060601                        1,395.90
     78504                          8.3935                             20360501                                                                      357                                                 85,600.00     20060601                           682.61
     98271                          6.8935                             20360501                                                                      357                                              253,800.00       20060601                         1,565.10
     85031                          6.2935                             20360501                                                                      357                                               152,000.00      20060601                           861.33
     77545                          7.9935                             20360501                                                                      357                                               103,200.00      20060601                          793.52
     85037                          8.2935                             20360501                                                                      357                                              202,500.00       20060601                        1,485.00
     85345                          6.9935                             20360501                                                                      357                                               160,000.00      20060601                          1,118.74
     75034                          7.7435                             20360501                                                                      357                                                216,104.00     20060601                        1,623.52
     78247                          9.0935                             20360501                                                                      357                                               159,678.00      20060601                        1,354.32
     77338                          9.2435                             20360501                                                                      357                                                 83,200.00     20060601                           714.82
     75248                          7.5935                             20360501                                                                      357                                              332,000.00       20060601                       2,459.29
     98033                          7.1435                             20360501                                                                      357                                              442,000.00       20060601                        2,817.75
     98391                          7.1135                             20360501                                                                      357                                              220,000.00       20060601                        1,397.00
     77494                          6.7935                             20360501                                                                      357                                               142,400.00      20060601                          976.25
     63109                          9.1435                             20360501                                                                      357                                               133,000.00      20060601                        1,092.93
     86326                          7.3435                             20360501                                                                      357                                              209,600.00       20060601                        1,369.24
     98053                          8.1435                             20360501                                                                      357                                              450,400.00       20060601                       3,246.63
     98118                          7.4835                             20360501                                                                      357                                               140,000.00      20060601                        1,026.29
     86322                          8.0935                             20360501                                                                      357                                                151,680.00     20060601                        1,087.04
     28214                          7.8435                             20360501                                                                      357                                                 99,292.00     20060601                           690.91
     87571                          8.3685                             20360501                                                                      357                                              240,000.00       20060601                        1,909.55
     81005                          6.9935                             20360501                                                                      357                                                 92,000.00     20060601                          575.00
     80204                          7.6935                             20360501                                                                      357                                               150,800.00      20060601                        1,030.47
     98230                          8.3435                             20360501                                                                      357                                              249,900.00       20060601                         1,843.01
     85035                          7.7435                             20360501                                                                      357                                               156,800.00      20060601                         1,177.99
     80920                          8.5935                             20360501                                                                      357                                               196,650.00      20060601                        1,532.04
     70737                          7.9935                             20360501                                                                      357                                                110,400.00     20060601                          848.88
     74017                          6.8935                             20360501                                                                      357                                                 84,250.00     20060601                          583.33
     98208                          7.2435                             20360501                                                                      357                                               212,000.00      20060601                         1,369.17
     85053                          8.8935                             20360501                                                                      357                                              220,400.00       20060601                         1,837.18
     85017                          7.8435                             20360501                                                                      357                                               184,000.00      20060601                        1,280.33
     78046                          6.4435                             20360501                                                                      357                                               134,940.00      20060601                          893.23
     23223                          9.1435                             20360501                                                                      357                                                107,100.00     20060601                           861.26
     32207                          7.9935                             20360501                                                                      357                                               106,400.00      20060601                            818.12
     70812                          7.5935                             20360501                                                                      357                                                  61,200.00    20060601                          453.34
     98004                          6.4935                             20360501                                                                      357                                              242,400.00       20060601                         1,414.00
     85035                          6.3935                             20360501                                                                      357                                               132,000.00      20060601                          869.35
     80921                          6.9435                             20360501                                                                      357                                              324,000.00       20060601                       2,254.37
     42724                          6.4835                             20360501                                                                      357                                               103,200.00      20060601                            601.14
     20646                          8.3935                             20360501                                                                      357                                              367,500.00       20060601                       2,930.58
     78045                          7.0935                             20360501                                                                      357                                               107,600.00      20060601                          759.74
     80234                          6.9435                             20360501                                                                      357                                                 90,400.00     20060601                           561.23
     98043                          7.3935                             20360501                                                                      357                                                116,400.00     20060601                          766.30
     63130                          6.7935                             20360401                                                                      356                                                 99,000.00     20060501                          678.72
     54944                          8.9435                             20360501                                                                      357                                               165,600.00      20060601                        1,386.42
     75227                          7.7435                             20360501                                                                      357                                               138,400.00      20060601                        1,039.75
     39553                          7.8435                             20360501                                                                      357                                               186,000.00      20060601                         1,410.45
     60430                          7.5435                             20360501                                                                      357                                                191,200.00     20060601                        1,409.63
     34759                          7.3935                             20360501                                                                      357                                                161,520.00     20060601                         1,173.94
     85335                          8.0435                             20360501                                                                      357                                               160,000.00      20060601                        1,235.94
     85006                          7.3435                             20360501                                                                      357                                               188,700.00      20060601                        1,364.93
     85009                          8.3435                             20360501                                                                      357                                               133,600.00      20060601                          985.30
     85037                          7.4935                             20360501                                                                      357                                                171,000.00     20060601                         1,140.00
     73069                          10.3935                            20360501                                                                      357                                              208,250.00       20060601                        1,967.49
     85225                          7.4935                             20360501                                                                      357                                              203,200.00       20060601                          1,491.01
     85204                          7.3435                             20360501                                                                      357                                               172,000.00      20060601                          1,125.17
     37115                          9.0435                             20360501                                                                      357                                               139,500.00      20060601                         1,178.08
     85201                          7.2435                             20360501                                                                      357                                               168,000.00      20060601                        1,085.00
     76008                          8.0335                             20360501                                                                      357                                              423,200.00       20060601                       3,266.05
     85242                          6.8435                             20360501                                                                      357                                               192,000.00      20060601                         1,175.99
     60103                          7.8935                             20360501                                                                      357                                              249,200.00       20060601                        1,744.40
     47102                          10.5935                            20360501                                                                      357                                                 50,575.00     20060601                          485.46
     70769                          7.1935                             20360501                                                                      357                                               137,000.00      20060601                          976.76
     63133                          8.0185                             20360501                                                                      357                                                 60,720.00     20060601                          467.96
     32805                          7.8935                             20360501                                                                      357                                               129,600.00      20060601                          987.34
     85043                          7.0435                             20360501                                                                      357                                               186,000.00      20060601                        1,230.89
     85301                          8.7435                             20360501                                                                      357                                               172,975.00      20060601                        1,423.02
     89121                          7.9435                             20360501                                                                      357                                               140,000.00      20060601                          985.83
     85323                          7.5935                             20360501                                                                      357                                              203,200.00       20060601                         1,371.60
     98252                          7.3835                             20360501                                                                      357                                               160,000.00      20060601                          1,161.78
     98011                          8.2435                             20360501                                                                      357                                                 89,000.00     20060601                          648.96
     75115                          8.7435                             20360501                                                                      357                                               196,000.00      20060601                         1,612.44
     73118                          8.1435                             20360501                                                                      357                                                 75,735.00     20060601                           590.41
     33324                          7.9435                             20360501                                                                      357                                              585,000.00       20060601                       4,477.43
     85033                          7.2435                             20360501                                                                      357                                               152,500.00      20060601                        1,092.53
     98037                          7.3935                             20360501                                                                      357                                               217,000.00      20060601                        1,428.58
     23225                          7.2435                             20360501                                                                      357                                               221,720.00      20060601                        1,588.43
     98371                          7.3835                             20360501                                                                      357                                               215,000.00      20060601                         1,413.63
     64131                          7.9935                             20360501                                                                      357                                                 79,200.00     20060601                           561.00
     53143                          9.0435                             20360501                                                                      357                                                 110,160.00    20060601                           930.31
     85345                          8.0935                             20360501                                                                      357                                               164,000.00      20060601                         1,175.33
     78250                          9.0935                             20360501                                                                      357                                                 55,600.00     20060601                           471.58
     60429                          7.7435                             20360501                                                                      357                                              320,000.00       20060601                       2,404.05
     63136                          7.7435                             20360501                                                                      357                                                 72,250.00     20060601                          542.79
     77396                          7.9835                             20360501                                                                      357                                                127,516.00     20060601                          979.58
     62401                          9.9935                             20360501                                                                      357                                               133,245.00      20060601                         1,218.84
     33218                          7.8435                             20360501                                                                      357                                               150,000.00      20060601                         1,137.46
     67016                          8.1735                             20360501                                                                      357                                                136,125.00     20060601                         1,064.10
     73099                          7.8935                             20360501                                                                      357                                               135,200.00      20060601                        1,030.00
     80904                          9.3935                             20360501                                                                      357                                                112,500.00     20060601                          978.96
     80525                          8.0935                             20360501                                                                      357                                              294,400.00       20060601                       2,284.58
     85204                          7.7435                             20360501                                                                      357                                                187,120.00     20060601                        1,286.45
     98032                          6.8435                             20360501                                                                      357                                               176,000.00      20060601                        1,078.00
     70578                          7.5935                             20360501                                                                      357                                                 80,000.00     20060601                          592.60
     71203                          9.4835                             20360501                                                                      357                                                  61,600.00    20060601                           540.13
     85308                          8.0635                             20360601                                                                      358                                               216,000.00      20060701                         1,542.61
     48237                          9.9935                             20360601                                                                      358                                               152,000.00      20060701                        1,350.63
     30165                          8.3685                             20360401                                                                      356                                               100,300.00      20060501                          798.03
     77071                          10.4535                            20360601                                                                      358                                                 94,500.00     20060701                          897.09
     89121                          9.2435                             20360601                                                                      358                                              208,000.00       20060701                        1,689.97
     84111                          10.0835                            20360601                                                                      358                                               130,000.00      20060701                         1,197.92
     32807                          8.4435                             20360601                                                                      358                                               134,400.00      20060701                         1,031.54
     32807                          10.9935                            20360601                                                                      358                                                 33,600.00     20060701                          332.74
     55025                          7.9885                             20360601                                                                      358                                               192,000.00      20060701                        1,475.64
     95376                          9.3385                             20360701                                                                      359                                              386,250.00       20060801                        3,168.86
     33033                          8.6435                             20360601                                                                      358                                              248,000.00       20060701                         1,941.66
     33033                          12.5935                            20360601                                                                      358                                                 62,000.00     20060701                          690.69
     56353                          7.6135                             20360701                                                                      359                                                 75,000.00     20060801                           556.61
     62002                          7.2185                             20360301                                                                      355                                                 83,600.00     20060401                          597.48
     8690                           9.3935                             20360601                                                                      358                                              229,500.00       20060701                        1,893.38
     62002                          11.2435                            20360301                                                                      355                                                 20,900.00     20060401                           210.97
     89703                          8.7435                             20360401                                                                      356                                               120,600.00      20060501                           929.14
     92324                          7.1835                             20360601                                                                      358                                              294,400.00       20060701                         1,886.61
     92324                          11.8685                            20260601                                                                      238                                                 73,600.00     20060701                          829.72
     11798                          8.2985                             20360601                                                                      358                                              292,500.00       20060701                        2,312.60
     53128                          9.4335                             20360601                                                                      358                                               164,000.00      20060701                         1,431.96
     63137                          7.3235                             20360601                                                                      358                                               100,000.00      20060701                           652.51
     63137                          11.9835                            20360601                                                                      358                                                 25,000.00     20060701                          266.63
     63304                          9.7985                             20360601                                                                      358                                               189,000.00      20060701                         1,701.37
     55021                          7.3335                             20360601                                                                      358                                              348,000.00       20060701                        2,514.80
     93505                          9.2835                             20360601                                                                      358                                               148,000.00      20060701                        1,207.43
     48883                          6.4735                             20360601                                                                      358                                               103,500.00      20060701                           641.68
     93620                          8.7685                             20360601                                                                      358                                              207,000.00       20060701                        1,706.69
     8055                           8.7635                             20360701                                                                      359                                               139,900.00      20060801                        1,080.73
     33404                          8.4835                             20360601                                                                      358                                               192,000.00      20060701                        1,543.49
     23356                          8.4935                             20360601                                                                      358                                              220,950.00       20060701                         1,777.81
     23356                          13.2435                            20360601                                                                      358                                                 55,200.00     20060701                           643.14
     92277                          9.3185                             20360601                                                                      358                                               180,000.00      20060701                        1,473.75
     33322                          8.8685                             20360501                                                                      357                                              265,200.00       20060601                       2,205.80
     33971                          7.3685                             20360301                                                                      355                                               175,000.00      20060401                        1,268.87
     60104                          7.3685                             20360401                                                                      356                                                 85,600.00     20060501                          620.66
     48021                          8.8685                             20360301                                                                      355                                               198,000.00      20060401                        1,546.88
     21217                          7.2435                             20360501                                                                      357                                              226,000.00       20060601                        1,459.58
     23860                          7.6185                             20360401                                                                      356                                                121,500.00     20060501                           902.13
     48854                          10.7435                            20360501                                                                      357                                               195,000.00      20060601                        1,893.96
     54479                          8.8685                             20360501                                                                      357                                               123,500.00      20060601                         1,027.21
     43920                          8.1185                             20360501                                                                      357                                               160,000.00      20060601                        1,244.46
     33830                          8.9935                             20360501                                                                      357                                                 80,000.00     20060601                          672.68
     46186                          9.6185                             20360501                                                                      357                                                 50,000.00     20060601                           443.41
     48886                          8.4835                             20360401                                                                      356                                               126,000.00      20060501                         1,012.92
     33707                          7.7435                             20360501                                                                      357                                                 82,850.00     20060601                          622.42
     49507                          9.4735                             20360501                                                                      357                                                 89,250.00     20060601                            781.91
     15537                          8.6185                             20260501                                                                      237                                                114,000.00     20060601                        1,034.87
     19148                          8.7435                             20360501                                                                      357                                                121,600.00     20060601                        1,000.37
     15445                          7.7435                             20360501                                                                      357                                                 86,000.00     20060601                          646.09
     48134                          7.4835                             20360501                                                                      357                                              237,500.00       20060601                         1,741.04
     89110                          8.6135                             20360501                                                                      357                                              440,000.00       20060601                       3,344.00
     34746                          8.3685                             20360501                                                                      357                                               198,500.00      20060601                        1,468.07
     49841                          8.7435                             20360501                                                                      357                                                 63,750.00     20060601                          524.46
     95632                          7.9935                             20360501                                                                      357                                              348,500.00       20060601                       2,468.54
     85209                          8.4835                             20360501                                                                      357                                              239,000.00       20060601                         1,921.33
     89074                          5.7435                             20360501                                                                      357                                              363,750.00       20060601                       2,239.67
     85322                          7.7495                             20360501                                                                      357                                               138,750.00      20060601                        1,042.97
     86322                          8.9935                             20360501                                                                      357                                               198,550.00      20060601                         1,571.85
     49442                          6.8685                             20360501                                                                      357                                                  71,200.00    20060601                           491.76
     89031                          8.2435                             20360501                                                                      357                                               221,250.00      20060601                        1,740.57
     20657                          10.1185                            20360501                                                                      357                                              204,000.00       20060601                         1,885.16
     32935                          8.3685                             20360501                                                                      357                                               100,000.00      20060601                          795.64
     29372                          8.4935                             20360501                                                                      357                                                119,000.00     20060601                          957.50
     49733                          8.2435                             20360501                                                                      357                                                 93,500.00     20060601                          735.56
     92114                          7.6185                             20360501                                                                      357                                              425,000.00       20060601                         3,155.61
     85020                          8.9935                             20360501                                                                      357                                              232,000.00       20060601                        1,836.67
     32218                          7.7435                             20210501                                                                      177                                                 95,400.00     20060601                           925.51
     49001                          10.3685                            20360501                                                                      357                                                110,500.00     20060601                         1,041.89
     46237                          10.6185                            20360501                                                                      357                                               106,400.00      20060601                        1,023.33
     46218                          9.9935                             20360501                                                                      357                                                 72,000.00     20060601                           658.61
     46241                          8.9935                             20360501                                                                      357                                                 72,900.00     20060601                           612.98
     46140                          10.6185                            20360501                                                                      357                                                119,250.00     20060601                         1,146.92
     46974                          8.6185                             20360501                                                                      357                                               136,800.00      20060601                          1,113.05
     85706                          8.4935                             20360501                                                                      357                                                 111,300.00    20060601                          895.54
     47456                          10.1185                            20360501                                                                      357                                                110,500.00     20060601                          1,021.13
     45011                          9.6185                             20360501                                                                      357                                                148,410.00     20060601                          1,316.13
     85351                          7.4135                             20360601                                                                      358                                                 98,500.00     20060701                           650.10
     32084                          9.3635                             20360701                                                                      359                                                117,450.00     20060801                         1,019.45
     46205                          9.1185                             20360601                                                                      358                                                 95,000.00     20060701                           778.81
     92584                          7.9735                             20360601                                                                      358                                              300,000.00       20060701                        2,120.00
     92584                          11.7435                            20260601                                                                      238                                                 75,000.00     20060701                          838.92
     76048                          7.7435                             20360601                                                                      358                                                 85,300.00     20060701                          586.44
     43228                          8.7435                             20360601                                                                      358                                               122,468.00      20060701                         1,007.51
     93552                          7.3335                             20360601                                                                      358                                               351,200.00      20060701                       2,399.87
     93552                          11.9135                            20210601                                                                      178                                                 87,800.00     20060701                            931.61
     33324                          6.9435                             20360601                                                                      358                                               160,000.00      20060701                          1,113.27
     32744                          9.7435                             20360601                                                                      358                                              262,500.00       20060701                       2,352.27
     90723                          7.2435                             20360601                                                                      358                                               177,000.00      20060701                        1,268.05
     92376                          11.6435                            20210601                                                                      178                                                 75,000.00     20060701                           780.13
     63110                          7.1435                             20360601                                                                      358                                                114,750.00     20060701                            814.17
     32958                          8.4935                             20360601                                                                      358                                              233,750.00       20060701                         1,880.81
     89104                          9.5305                             20360701                                                                      359                                              243,000.00       20060801                       2,032.49
     40229                          9.4935                             20360601                                                                      358                                                 72,800.00     20060701                          638.87
     40229                          13.0935                            20360601                                                                      358                                                  18,200.00    20060701                          209.90
     22204                          8.4835                             20360601                                                                      358                                              272,000.00       20060701                        2,186.62
     93274                          6.9435                             20360601                                                                      358                                              209,950.00       20060701                        1,460.82
     55304                          6.8985                             20360601                                                                      358                                              242,400.00       20060701                         1,679.16
     55304                          11.6085                            20360601                                                                      358                                                 60,600.00     20060701                           628.71
     2886                           8.2435                             20360701                                                                      359                                               216,000.00      20060801                         1,575.01
     85353                          6.8885                             20360701                                                                      359                                               173,600.00      20060801                        1,069.82
     2886                           10.6935                            20360701                                                                      359                                                 54,000.00     20060801                          522.44
     32209                          11.6335                            20360601                                                                      358                                                 82,450.00     20060701                          856.99
     33125                          7.6935                             20360701                                                                      359                                              296,000.00       20060801                        2,102.67
     34475                          11.0935                            20360601                                                                      358                                                 67,500.00     20060701                          673.60
     73119                          9.5685                             20360601                                                                      358                                                 50,000.00     20060701                           441.56
     34711                          7.6185                             20360601                                                                      358                                              352,000.00       20060701                       2,480.57
     34711                          11.6185                            20360601                                                                      358                                                 88,000.00     20060701                           913.66
     97478                          8.4035                             20360601                                                                      358                                               162,000.00      20060701                         1,293.01
     43334                          8.1065                             20360601                                                                      358                                              495,000.00       20060701                       3,845.83
     97045                          7.9685                             20360601                                                                      358                                               198,000.00      20060701                         1,518.94
     95670                          6.9135                             20360601                                                                      358                                                110,000.00     20060701                           680.17
     33054                          8.5335                             20360601                                                                      358                                              264,000.00       20060701                          2,131.81
     23831                          8.8685                             20360601                                                                      358                                              238,500.00       20060701                        1,983.72
     33054                          11.9135                            20360601                                                                      358                                                 66,000.00     20060701                          700.30
     30305                          9.2685                             20360601                                                                      358                                              340,000.00       20060701                       2,769.58
     30224                          8.1835                             20360501                                                                      357                                                101,000.00     20060601                            731.41
     30252                          8.4835                             20360601                                                                      358                                               149,900.00      20060701                        1,205.05
     33566                          7.4235                             20360601                                                                      358                                               215,200.00      20060701                          1,422.11
     33071                          7.3235                             20360601                                                                      358                                               178,400.00      20060701                        1,287.96
     33071                          12.1635                            20210601                                                                      178                                                 44,600.00     20060701                           481.89
     85335                          7.3735                             20360701                                                                      359                                                151,000.00     20060801                        1,095.38
     8234                           12.1635                            20360601                                                                      358                                                 56,800.00     20060701                          599.72
     64501                          7.2335                             20360701                                                                      359                                                 50,400.00     20060801                          360.73
     64501                          10.5435                            20360701                                                                      359                                                  12,600.00    20060801                           120.47
     85009                          9.3435                             20360701                                                                      359                                               140,250.00      20060801                          1,151.22
     33570                          7.9235                             20360601                                                                      358                                               176,000.00      20060701                         1,236.41
     33570                          11.5385                            20360601                                                                      358                                                 44,000.00     20060701                           454.12
     85338                          10.8885                            20360701                                                                      359                                               178,000.00      20060801                        1,748.48
     33319                          8.1435                             20360601                                                                      358                                              240,000.00       20060701                        1,870.97
     33319                          10.8935                            20360601                                                                      358                                                 60,000.00     20060701                           589.61
     43147                          8.7735                             20360601                                                                      358                                               214,400.00      20060701                        1,768.48
     43147                          12.2135                            20360601                                                                      358                                                 53,600.00     20060701                           581.22
     75056                          7.7935                             20360501                                                                      357                                              398,800.00       20060601                        3,010.08
     75056                          9.4935                             20210501                                                                      177                                                 99,700.00     20060601                          874.94
     45406                          8.9535                             20360601                                                                      358                                                 52,500.00     20060701                          439.92
     97918                          8.9935                             20360601                                                                      358                                                 87,550.00     20060701                           736.17
     29681                          8.6435                             20360601                                                                      358                                               154,400.00      20060701                        1,259.04
     29681                          11.5435                            20210601                                                                      178                                                 38,600.00     20060701                          398.53
     97008                          10.3435                            20360601                                                                      358                                              266,000.00       20060701                       2,503.08
     30263                          8.8935                             20360601                                                                      358                                               129,500.00      20060701                        1,079.47
     85250                          7.9535                             20360601                                                                      358                                               149,500.00      20060701                         1,091.43
     33431                          10.1935                            20360701                                                                      359                                              200,000.00       20060801                        1,859.45
     7750                           7.1635                             20360501                                                                      357                                              225,000.00       20060601                         1,599.51
     11096                          6.4985                             20360601                                                                      358                                              336,000.00       20060701                         1,961.40
     11096                          10.9935                            20360601                                                                      358                                                 84,000.00     20060701                           831.84
     6082                           7.9935                             20360601                                                                      358                                                171,000.00     20060701                        1,253.59
     12566                          6.2935                             20360501                                                                      357                                              224,000.00       20060601                        1,359.59
     12566                          11.3385                            20360501                                                                      357                                                 56,000.00     20060601                          569.35
     11207                          8.7435                             20360601                                                                      358                                              452,000.00       20060701                        3,484.17
     11207                          11.8885                            20360601                                                                      358                                                113,000.00     20060701                         1,196.80
     34119                          12.4935                            20210601                                                                      178                                                  71,600.00    20060701                          792.04
     34119                          12.4935                            20210601                                                                      178                                                  71,600.00    20060701                          792.04
     8009                           5.9935                             20360601                                                                      358                                              234,500.00       20060701                        1,372.90
     11416                          7.9935                             20360601                                                                      358                                              394,000.00       20060701                       2,888.39
     11355                          6.8685                             20360601                                                                      358                                              380,000.00       20060701                       2,465.64
     8054                           7.7435                             20360601                                                                      358                                              236,000.00       20060701                        1,772.99
     8054                           11.8435                            20210601                                                                      178                                                 59,000.00     20060701                          622.82
     11701                          7.3935                             20360501                                                                      357                                              402,400.00       20060601                        2,649.13
     11701                          11.1435                            20210501                                                                      177                                               100,600.00      20060601                        1,007.76
     20602                          7.4185                             20360601                                                                      358                                               165,000.00      20060701                         1,137.99
     11422                          7.8435                             20360601                                                                      358                                              470,000.00       20060701                       3,392.02
     28546                          9.4435                             20360601                                                                      358                                               144,000.00      20060701                        1,258.39
     11434                          7.1185                             20360601                                                                      358                                              472,000.00       20060701                       3,340.79
     33972                          8.4835                             20360601                                                                      358                                               160,000.00      20060701                        1,286.25
     11221                          6.4835                             20360601                                                                      358                                              648,720.00       20060701                       4,026.64
     1609                           8.1685                             20360601                                                                      358                                                 111,920.00    20060701                           835.41
     1609                           11.3935                            20360601                                                                      358                                                 27,980.00     20060701                          285.65
     30349                          7.5485                             20360401                                                                      356                                                128,120.00     20060501                          945.02
     30349                          11.7085                            20210401                                                                      176                                                 32,030.00     20060501                          334.77
     30011                          7.2585                             20360501                                                                      357                                               165,446.00      20060601                        1,070.57
     30011                          11.5185                            20210501                                                                      177                                                   41,361.00   20060601                          426.24
     30039                          9.7035                             20360501                                                                      357                                               155,047.00      20060601                          1,319.19
     30213                          9.9535                             20360601                                                                      358                                               237,816.00      20060701                       2,072.96
     30012                          7.4935                             20360501                                                                      357                                               160,797.00      20060601                         1,071.98
     30012                          12.7185                            20210501                                                                      177                                                  40,199.00    20060601                           451.76
     30238                          7.0235                             20360501                                                                      357                                                171,773.00     20060601                        1,077.88
     30238                          11.2135                            20210501                                                                      177                                                 42,943.00     20060601                          432.48
     30135                          9.1085                             20360401                                                                      356                                               145,454.00      20060501                         1,165.45
     30135                          12.0885                            20210401                                                                      176                                                 36,363.00     20060501                          390.77
     30135                          8.3685                             20360501                                                                      357                                               149,592.00      20060601                         1,106.36
     30135                          12.7185                            20210501                                                                      177                                                 37,398.00     20060601                          420.28
     30016                          8.4335                             20360501                                                                      357                                               169,672.00      20060601                        1,264.06
     30016                          12.0385                            20210501                                                                      177                                                  42,418.00    20060601                           454.19
     30093                          10.3585                            20360401                                                                      356                                               127,950.00      20060501                         1,158.48
     30296                          9.1835                             20360501                                                                      357                                               132,392.00      20060601                        1,069.07
     30296                          12.1635                            20210501                                                                      177                                                 33,098.00     20060601                           357.61
     30067                          7.8685                             20360501                                                                      357                                                 83,200.00     20060601                          580.67
     30067                          12.8435                            20210501                                                                      177                                                 20,800.00     20060601                          235.79
     30135                          7.3685                             20360501                                                                      357                                               139,040.00      20060601                         1,008.14
     30135                          11.3685                            20210501                                                                      177                                                 34,760.00     20060601                          354.20
     30121                          8.0585                             20360401                                                                      356                                                113,440.00     20060501                          877.49
     30121                          11.5685                            20210401                                                                      176                                                 28,360.00     20060501                          293.35
     30093                          12.0885                            20210401                                                                      176                                                  31,950.00    20060501                          343.35
     30093                          10.0735                            20360601                                                                      358                                               190,000.00      20060701                        1,749.38
     33417                          8.7685                             20360601                                                                      358                                                 60,000.00     20060701                          494.70
     30058                          10.3685                            20360501                                                                      357                                               102,000.00      20060601                           961.75
     29554                          9.3685                             20360401                                                                      356                                                 92,000.00     20060501                           772.19
     6451                           7.9935                             20360601                                                                      358                                               157,500.00      20060701                          1,211.04
     54812                          8.1935                             20360601                                                                      358                                                 89,950.00     20060701                          704.43
     33605                          8.3935                             20360601                                                                      358                                               180,000.00      20060701                        1,435.39
     33605                          11.0435                            20210601                                                                      178                                                 45,000.00     20060701                          447.35
     32046                          9.4935                             20360601                                                                      358                                                 92,000.00     20060701                          766.67
     32046                          12.2435                            20360601                                                                      358                                                 23,000.00     20060701                          249.94
     61032                          9.5335                             20360601                                                                      358                                                 50,000.00     20060701                          440.26
     18702                          8.4335                             20360501                                                                      357                                                 75,500.00     20060601                          578.90
     65803                          10.9935                            20360501                                                                      357                                                  71,250.00    20060601                          705.59
     46236                          9.0935                             20360501                                                                      357                                               148,500.00      20060601                        1,259.52
     33541                          11.2935                            20360601                                                                      358                                              236,250.00       20060701                       2,393.79
     66062                          9.9835                             20360501                                                                      357                                               172,000.00      20060601                        1,572.07
     18508                          10.7335                            20360501                                                                      357                                                  71,800.00    20060601                          696.83
     85021                          7.4435                             20360601                                                                      358                                                192,100.00     20060701                        1,402.88
     80003                          8.3935                             20360501                                                                      357                                                171,000.00     20060601                        1,363.62
     30349                          8.1185                             20360501                                                                      357                                               124,800.00      20060601                          970.69
     48219                          10.7435                            20360501                                                                      357                                                101,250.00     20060601                           983.41
     53115                          9.7935                             20360601                                                                      358                                                131,250.00     20060701                          1,181.02
     30045                          9.3435                             20360601                                                                      358                                               159,300.00      20060701                        1,380.35
     41543                          9.5935                             20360501                                                                      357                                               108,000.00      20060601                          955.77
     18447                          11.6935                            20360601                                                                      358                                                 84,000.00     20060701                          876.99
     45373                          8.6935                             20360501                                                                      357                                                121,600.00     20060601                          932.27
     45373                          12.1935                            20360501                                                                      357                                                 30,400.00     20060601                           329.18
     90044                          9.0935                             20360601                                                                      358                                              355,300.00       20060701                       2,842.40
     65686                          8.9935                             20360701                                                                      359                                               519,328.00      20060801                          4,111.35
     65686                          11.1935                            20360701                                                                      359                                               129,832.00      20060801                        1,305.57
     63111                          8.1185                             20360701                                                                      359                                               108,000.00      20060801                          840.02
     93535                          8.1435                             20360601                                                                      358                                               310,250.00      20060701                       2,309.89
     85338                          8.6435                             20360601                                                                      358                                              344,000.00       20060701                         2,805.11
     96002                          10.1185                            20360701                                                                      359                                               167,000.00      20060801                        1,543.24
     95355                          9.2435                             20360601                                                                      358                                              468,000.00       20060701                       3,882.33
     92530                          6.8685                             20360601                                                                      358                                              380,000.00       20060701                       2,465.64
     8046                           8.3435                             20360701                                                                      359                                               152,000.00      20060801                        1,206.66
     33563                          8.3935                             20360601                                                                      358                                                 93,979.00     20060701                          749.42
     33563                          12.0935                            20260601                                                                      238                                                 23,495.00     20060701                          268.59
     80112                          7.5435                             20360601                                                                      358                                              304,000.00       20060701                         2,125.16
     70634                          8.7685                             20360701                                                                      359                                                 77,600.00     20060801                          639.80
     92808                          8.3935                             20360601                                                                      358                                              280,000.00       20060701                       2,232.83
     92335                          8.2435                             20360601                                                                      358                                              300,000.00       20060701                        2,360.10
     97007                          7.9685                             20360501                                                                      357                                               178,400.00      20060601                        1,304.45
     99901                          9.2335                             20360601                                                                      358                                               201,000.00      20060701                        1,725.42
     99654                          8.0435                             20360501                                                                      357                                               187,200.00      20060601                        1,379.48
     99654                          11.2935                            20210501                                                                      177                                                 46,800.00     20060601                          474.20
     85375                          10.5935                            20360501                                                                      357                                              284,900.00       20060601                       2,635.33
     85705                          9.7435                             20360501                                                                      357                                                161,250.00     20060601                        1,444.96
     84044                          7.2435                             20360501                                                                      357                                               102,000.00      20060601                          730.74
     84044                          11.4435                            20210501                                                                      177                                                 25,200.00     20060601                          258.24
     76522                          7.4935                             20360501                                                                      357                                                 73,600.00     20060601                          540.05
     76522                          9.4935                             20210501                                                                      177                                                  18,400.00    20060601                            161.47
     74501                          7.0935                             20360501                                                                      357                                                 87,900.00     20060601                          620.64
     74501                          11.2935                            20210501                                                                      177                                                 22,000.00     20060601                           222.91
     74127                          9.4185                             20360601                                                                      358                                                121,500.00     20060701                        1,059.52
     74501                          8.5935                             20360501                                                                      357                                               135,900.00      20060601                         1,103.27
     74501                          11.7935                            20210501                                                                      177                                                 34,000.00     20060601                          357.60
     64151                          8.6935                             20360601                                                                      358                                               107,200.00      20060701                          878.03
     64151                          10.6935                            20210601                                                                      178                                                 26,800.00     20060701                          259.28
     35480                          7.3435                             20360601                                                                      358                                               149,200.00      20060701                        1,020.65
     35480                          11.1935                            20210601                                                                      178                                                 37,300.00     20060701                          375.08
     36303                          10.3935                            20360601                                                                      358                                                 90,000.00     20060701                          850.30
     37615                          7.9435                             20360601                                                                      358                                                 68,000.00     20060701                          520.45
     37615                          8.1935                             20210601                                                                      178                                                  17,000.00    20060701                            133.13
     72744                          8.8435                             20360601                                                                      358                                                 59,550.00     20060701                          494.22
     72744                          12.0435                            20210601                                                                      178                                                  15,000.00    20060701                           160.67
     55920                          8.2935                             20360601                                                                      358                                               108,800.00      20060701                          859.82
     55920                          9.4935                             20210601                                                                      178                                                 27,200.00     20060701                          238.70
     55104                          8.4935                             20360501                                                                      357                                              272,000.00       20060601                        2,098.10
     55104                          9.4935                             20210501                                                                      177                                                 68,000.00     20060601                          596.75
     2920                           8.4435                             20360601                                                                      358                                              278,800.00       20060701                        2,139.83
     2909                           9.1935                             20360601                                                                      358                                              294,000.00       20060701                         2,515.13
     2818                           6.4435                             20360501                                                                      357                                              495,000.00       20060601                       2,866.68
     10701                          7.6685                             20360601                                                                      358                                                 96,000.00     20060701                            716.16
     10701                          11.5435                            20210601                                                                      178                                                 24,000.00     20060701                          247.79
     11207                          8.7935                             20360601                                                                      358                                              532,000.00       20060701                       4,395.92
     11207                          11.6935                            20210601                                                                      178                                               133,000.00      20060701                        1,388.56
     19125                          10.8935                            20360601                                                                      358                                               109,500.00      20060701                        1,076.02
     19050                          9.2935                             20360601                                                                      358                                               164,000.00      20060701                         1,415.04
     18610                          8.6935                             20360601                                                                      358                                               216,000.00      20060701                        1,699.47
     43952                          9.2935                             20360601                                                                      358                                                 50,000.00     20060701                           416.73
     44446                          8.0935                             20360501                                                                      357                                                 72,000.00     20060601                          558.73
     44446                          12.1935                            20210501                                                                      177                                                  18,000.00    20060601                           194.90
     8085                           7.4435                             20360601                                                                      358                                               361,250.00      20060701                       2,498.27
     32073                          9.1435                             20360601                                                                      358                                              424,800.00       20060701                        3,618.53
     33404                          8.3935                             20360601                                                                      358                                                161,250.00     20060701                        1,285.87
     34986                          8.7935                             20360601                                                                      358                                              359,900.00       20060701                       2,859.52
     34986                          11.7935                            20210601                                                                      178                                                 90,000.00     20060701                          946.59
     33914                          9.3435                             20360601                                                                      358                                               212,000.00      20060701                        1,775.25
     34608                          8.4435                             20360601                                                                      358                                               174,000.00      20060701                        1,393.79
     27615                          10.5435                            20360501                                                                      357                                               232,100.00      20060601                        2,163.83
     20020                          8.9435                             20360601                                                                      358                                              225,500.00       20060701                         1,887.91
     86413                          7.3685                             20360701                                                                      359                                               137,600.00      20060801                          997.70
     86413                          9.6935                             20360701                                                                      359                                                 34,400.00     20060801                          306.99
     21136                          7.7435                             20360701                                                                      359                                               143,920.00      20060801                          989.46
     21136                          10.1935                            20360701                                                                      359                                                 35,980.00     20060801                          320.83
     34104                          10.4185                            20360701                                                                      359                                              527,200.00       20060801                       4,799.72
     43068                          9.9435                             20360601                                                                      358                                                118,800.00     20060701                        1,082.27
     44052                          9.0935                             20360601                                                                      358                                                115,045.00     20060701                          940.89
     44314                          9.4835                             20360601                                                                      358                                                 80,750.00     20060701                          685.05
     98465                          9.3685                             20360701                                                                      359                                                191,250.00     20060801                        1,605.24
     44055                          8.7435                             20360601                                                                      358                                                 85,020.00     20060701                          699.44
     19116                          7.2435                             20360601                                                                      358                                               210,000.00      20060701                        1,504.47
     45410                          7.8935                             20360601                                                                      358                                                 88,000.00     20060701                          638.44
     45410                          11.9835                            20260601                                                                      238                                                 22,000.00     20060701                          249.80
     43609                          9.6435                             20360501                                                                      357                                                 78,400.00     20060601                          696.72
     46835                          8.3935                             20360601                                                                      358                                                 83,760.00     20060701                          667.93
     46703                          8.7335                             20360601                                                                      358                                              202,500.00       20060701                        1,664.45
     33896                          7.5135                             20360701                                                                      359                                               216,000.00      20060801                        1,443.60
     30040                          7.5435                             20360601                                                                      358                                               184,000.00      20060701                        1,234.33
     33709                          7.6435                             20360601                                                                      358                                              202,500.00       20060701                        1,430.85
     95660                          7.9185                             20360601                                                                      358                                              274,500.00       20060701                        1,996.70
     33896                          11.1935                            20360701                                                                      359                                                 54,000.00     20060801                           543.01
     92277                          9.0435                             20360601                                                                      358                                               210,600.00      20060701                        1,676.03
     11420                          8.4635                             20360501                                                                      357                                              424,000.00       20060601                       3,402.45
     11420                          11.3935                            20360501                                                                      357                                               106,000.00      20060601                         1,082.18
     7017                           8.0885                             20360501                                                                      357                                              252,000.00       20060601                        1,954.65
     7017                           11.1485                            20360501                                                                      357                                                 63,000.00     20060601                           631.34
     30286                          8.4435                             20360701                                                                      359                                                 85,500.00     20060801                          637.34
     22191                          7.4435                             20360701                                                                      359                                              320,000.00       20060801                         2,120.01
     18301                          6.7435                             20360701                                                                      359                                               160,640.00      20060801                          970.54
     18301                          11.3435                            20360701                                                                      359                                                  40,160.00    20060801                          408.46
     98902                          7.7185                             20360501                                                                      357                                               146,800.00      20060601                         1,006.17
     98902                          11.2435                            20210501                                                                      177                                                 36,700.00     20060601                          370.45
     90280                          8.4185                             20360601                                                                      358                                               341,250.00      20060701                       2,727.38
     33030                          8.7935                             20360701                                                                      359                                               221,000.00      20060801                         1,712.75
     27893                          9.5735                             20360601                                                                      358                                              234,650.00       20060701                       2,007.27
     89110                          6.8315                             20360601                                                                      358                                              208,000.00       20060701                         1,271.92
     93930                          9.1935                             20360601                                                                      358                                              399,500.00       20060701                       3,298.48
     90255                          11.0435                            20210601                                                                      178                                                  56,150.00    20060701                           558.19
     90003                          8.3185                             20360601                                                                      358                                               416,500.00      20060701                       3,298.94
     55744                          7.7435                             20360701                                                                      359                                               134,000.00      20060801                        1,006.70
     8270                           8.7435                             20360501                                                                      357                                               213,750.00      20060601                        1,690.04
     45064                          10.6785                            20360601                                                                      358                                                 68,400.00     20060701                          660.97
     89511                          6.3235                             20360601                                                                      358                                              258,400.00       20060701                        1,470.73
     98802                          9.5735                             20360601                                                                      358                                               148,000.00      20060701                        1,307.56
     11575                          8.4435                             20360401                                                                      356                                               418,000.00      20060501                       3,348.30
     30062                          8.9935                             20360601                                                                      358                                              228,000.00       20060701                        1,805.00
     30062                          12.9935                            20210601                                                                      178                                                 57,000.00     20060701                          652.88
     92647                          6.8435                             20360601                                                                      358                                              300,000.00       20060701                         1,941.04
     89142                          7.6935                             20360601                                                                      358                                              259,920.00       20060701                        1,846.38
     90221                          6.9935                             20360601                                                                      358                                              324,000.00       20060701                       2,025.00
     92707                          10.6935                            20210601                                                                      178                                               107,000.00      20060701                         1,035.19
     60628                          11.6185                            20210401                                                                      176                                                 26,980.00     20060501                           280.12
     33406                          7.8935                             20360401                                                                      356                                               160,000.00      20060501                         1,218.94
     33035                          8.4185                             20360501                                                                      357                                                142,100.00     20060601                          1,135.71
     33035                          11.2435                            20210501                                                                      177                                                 35,500.00     20060601                          358.34
     89121                          7.9935                             20360501                                                                      357                                              229,500.00       20060601                        1,682.45
     33016                          8.6185                             20360301                                                                      355                                               105,000.00      20060401                          798.44
     35217                          9.9435                             20360401                                                                      356                                                  61,600.00    20060501                            561.18
     19132                          8.8435                             20360401                                                                      356                                                 52,800.00     20060501                          438.20
     33015                          8.0435                             20360401                                                                      356                                              284,000.00       20060501                        2,193.79
     30013                          8.1685                             20360501                                                                      357                                               152,000.00      20060601                         1,187.65
     30013                          12.4935                            20210501                                                                      177                                                 38,000.00     20060601                          420.36
     81401                          9.6935                             20360501                                                                      357                                                 90,000.00     20060601                           803.15
     92677                          7.9435                             20360501                                                                      357                                              364,800.00       20060601                       2,568.80
     92677                          11.6435                            20210501                                                                      177                                                  91,200.00    20060601                          948.64
     92399                          11.3935                            20210401                                                                      176                                                 79,980.00     20060501                           816.53
     22192                          7.2935                             20360401                                                                      356                                              380,000.00       20060501                        2,735.51
     22192                          7.2685                             20360701                                                                      359                                              405,000.00       20060801                       2,624.07
     93307                          7.2185                             20360701                                                                      359                                              205,000.00       20060801                        1,383.26
     64507                          7.4185                             20360701                                                                      359                                                 97,600.00     20060801                          644.57
     46237                          9.3685                             20360401                                                                      356                                                 141,791.00    20060501                         1,231.24
     8322                           6.7935                             20360601                                                                      358                                              204,000.00       20060701                        1,239.48
     85326                          7.4935                             20360501                                                                      357                                               170,400.00      20060601                         1,136.00
     85326                          11.2435                            20210501                                                                      177                                                 42,600.00     20060601                           430.01
     60402                          8.2935                             20360401                                                                      356                                               216,650.00      20060501                          1,712.13
     36301                          9.0435                             20360601                                                                      358                                               128,000.00      20060701                        1,080.97
     36301                          11.5435                            20210601                                                                      178                                                 32,000.00     20060701                          330.39
     6360                           8.3135                             20360701                                                                      359                                               188,000.00      20060801                         1,424.16
     40223                          9.7435                             20360601                                                                      358                                              200,800.00       20060701                        1,799.37
     30517                          7.6435                             20360301                                                                      355                                               188,800.00      20060401                        1,282.27
     30517                          11.4835                            20210301                                                                      175                                                 47,200.00     20060401                           485.14
     31763                          7.8185                             20360101                                                                      353                                                119,900.00     20060201                           907.10
     60120                          8.0435                             20360301                                                                      355                                              358,000.00       20060401                        2,765.41
     76272                          7.8435                             20360601                                                                      358                                                 89,200.00     20060701                           676.41
     76272                          11.8435                            20210601                                                                      178                                                 22,300.00     20060701                           235.41
     34953                          8.8435                             20360601                                                                      358                                              333,000.00       20060701                       2,594.63
     76051                          9.9935                             20360601                                                                      358                                              320,400.00       20060701                       2,930.82
     19145                          9.4835                             20360601                                                                      358                                              200,800.00       20060701                         1,703.51
     43015                          8.8685                             20360601                                                                      358                                              209,798.00       20060701                        1,639.05
     47025                          7.4835                             20360601                                                                      358                                               162,000.00      20060701                         1,187.57
     90057                          7.3435                             20360701                                                                      359                                              344,000.00       20060801                       2,488.27
     92571                          7.4435                             20360601                                                                      358                                               351,500.00      20060701                       2,430.84
     30135                          8.4735                             20360401                                                                      356                                               185,520.00      20060501                        1,490.07
     32776                          7.0735                             20360701                                                                      359                                              233,000.00       20060801                         1,641.95
     32703                          9.7435                             20360701                                                                      359                                                 97,500.00     20060801                          873.70
     85037                          7.3435                             20360701                                                                      359                                               184,000.00      20060801                        1,203.67
     93536                          8.9185                             20360601                                                                      358                                              363,200.00       20060701                       2,852.63
     93536                          11.8435                            20260701                                                                      239                                                 90,800.00     20060801                        1,022.03
     32179                          6.4685                             20360701                                                                      359                                              532,000.00       20060801                       3,296.36
     56353                          8.5435                             20360701                                                                      359                                              255,000.00       20060801                       2,060.97
     33025                          8.6685                             20360701                                                                      359                                              352,000.00       20060801                        2,691.34
     19702                          6.8535                             20360701                                                                      359                                              364,500.00       20060801                       2,235.60
     92407                          8.4935                             20210701                                                                      179                                               156,000.00      20060801                        1,582.26
     97080                          8.2435                             20360701                                                                      359                                               165,750.00      20060801                        1,246.72
     85029                          7.8235                             20360701                                                                      359                                               192,000.00      20060801                        1,453.24
     32209                          11.6335                            20360601                                                                      358                                                 80,750.00     20060701                          839.32
     94591                          7.8685                             20360701                                                                      359                                              399,200.00       20060801                       2,786.08
     24091                          8.7435                             20360601                                                                      358                                                 79,000.00     20060701                           649.91
     92395                          8.3935                             20360501                                                                      357                                              255,000.00       20060601                        1,947.36
     44120                          8.1435                             20360601                                                                      358                                               124,800.00      20060701                          972.90
     80917                          7.5435                             20360601                                                                      358                                               152,000.00      20060701                         1,120.62
     2143                           6.7185                             20360701                                                                      359                                              490,000.00       20060801                       3,334.36
     43822                          9.9935                             20360601                                                                      358                                               130,500.00      20060701                         1,193.73
     43130                          8.8935                             20360701                                                                      359                                               185,250.00      20060801                         1,544.18
     33024                          9.4935                             20360601                                                                      358                                               187,500.00      20060701                        1,645.45
     19124                          7.4435                             20360701                                                                      359                                                 70,200.00     20060801                           512.66
     85043                          8.1435                             20360701                                                                      359                                               152,000.00      20060801                         1,184.95
     53121                          7.6435                             20360701                                                                      359                                               156,600.00      20060801                         1,165.50
     33569                          8.3685                             20360701                                                                      359                                               169,885.00      20060801                        1,256.44
     33569                          10.6935                            20210701                                                                      179                                                  42,471.00    20060801                           410.89
     1013                           7.7935                             20360501                                                                      357                                                 90,320.00     20060601                           624.71
     1013                           10.4935                            20260501                                                                      237                                                 22,580.00     20060601                          233.07
     75056                          9.9435                             20360601                                                                      358                                              209,700.00       20060701                         1,910.37
     55356                          7.7435                             20360601                                                                      358                                               172,000.00      20060701                         1,182.50
     33161                          7.4435                             20360701                                                                      359                                                 97,500.00     20060801                          674.27
     85007                          9.4235                             20360701                                                                      359                                               233,100.00      20060801                        1,928.90
     30319                          7.6185                             20360401                                                                      356                                               512,000.00      20060501                        3,801.59
     30121                          8.8315                             20360601                                                                      358                                              308,750.00       20060701                        2,462.21
     30331                          8.4835                             20360601                                                                      358                                               124,000.00      20060701                          996.84
     28262                          8.8935                             20360701                                                                      359                                              384,750.00       20060801                        3,207.15
     87109                          7.4935                             20360701                                                                      359                                              228,000.00       20060801                         1,585.31
     95356                          7.3235                             20360701                                                                      359                                               215,000.00      20060801                        1,467.56
     79606                          9.3685                             20200901                                                                      169                                                 98,800.00     20051001                          857.93
     33020                          8.2435                             20200901                                                                      169                                                 50,600.00     20051001                          398.07
     33025                          7.2435                             20351201                                                                      352                                              320,000.00       20060101                       2,292.52
     20747                          7.9935                             20360201                                                                      354                                               261,000.00      20060301                        1,848.75
     60655                          7.7435                             20360101                                                                      353                                               150,750.00      20060201                         1,132.53
     36870                          9.2435                             20201201                                                                      172                                                  17,500.00    20060101                           150.35
     49509                          9.8685                             20201201                                                                      172                                                 25,400.00     20060101                          229.97
     30079                          8.9935                             20210101                                                                      173                                                 33,800.00     20060201                           284.21
     80013                          8.9935                             20360101                                                                      353                                                  71,000.00    20060201                          562.05
     33126                          7.3035                             20360201                                                                      354                                               144,000.00      20060301                         1,037.61
     33126                          10.0035                            20210201                                                                      174                                                 36,000.00     20060301                          329.58
     30296                          10.0535                            20360201                                                                      354                                               148,000.00      20060301                        1,360.46
     32607                          9.9735                             20210101                                                                      173                                                 33,400.00     20060201                          305.02
     32779                          7.5835                             20360301                                                                      355                                              345,000.00       20060401                         2,317.31
     33610                          7.2785                             20360201                                                                      354                                               152,000.00      20060301                        1,092.63
     33610                          10.2285                            20210201                                                                      174                                                 38,000.00     20060301                          354.29
     77053                          8.6735                             20360201                                                                      354                                                114,000.00     20060301                           872.10
     30030                          7.2035                             20360301                                                                      355                                              279,000.00       20060401                        1,792.57
     33157                          8.6435                             20360301                                                                      355                                              244,800.00       20060401                        1,866.60
     75149                          6.9835                             20360301                                                                      355                                                 92,796.00     20060401                           648.21
     75149                          11.9635                            20260301                                                                      235                                                  23,199.00    20060401                          263.08
     27981                          7.9635                             20360401                                                                      356                                              252,000.00       20060501                         1,932.31
     32725                          9.4185                             20360401                                                                      356                                               199,200.00      20060501                        1,647.54
     30016                          10.1535                            20360501                                                                      357                                               103,000.00      20060601                          928.29
     33617                          7.3835                             20360401                                                                      356                                               109,600.00      20060501                          720.62
     33617                          11.4635                            20360401                                                                      356                                                 27,400.00     20060501                            281.21
     30114                          9.0185                             20360401                                                                      356                                              292,000.00       20060501                       2,460.62
     30135                          8.1335                             20360401                                                                      356                                               108,000.00      20060501                          777.60
     30135                          11.8835                            20210401                                                                      176                                                 27,000.00     20060501                          285.86
     19061                          8.3035                             20360401                                                                      356                                               140,000.00      20060501                         1,107.39
     38127                          9.2685                             20360401                                                                      356                                                 52,700.00     20060501                          453.74
     32725                          12.7885                            20210401                                                                      176                                                  19,920.00    20060501                          224.96
     30188                          6.7935                             20360401                                                                      356                                                118,400.00     20060501                          720.27
     30188                          11.4185                            20210401                                                                      176                                                 29,600.00     20060501                          302.76
     33897                          8.1685                             20360401                                                                      356                                              208,800.00       20060501                        1,509.45
     33897                          12.2885                            20210401                                                                      176                                                 52,200.00     20060501                          569.08
     30224                          7.4835                             20360401                                                                      356                                                 87,920.00     20060501                           644.51
     30224                          12.2585                            20210401                                                                      176                                                  21,980.00    20060501                            239.11
     23860                          9.5085                             20360401                                                                      356                                                 52,200.00     20060501                          458.67
     23224                          9.5085                             20360401                                                                      356                                                 50,400.00     20060501                          442.85
     30019                          10.2685                            20360501                                                                      357                                                168,150.00     20060601                         1,572.81
     37210                          9.3985                             20360401                                                                      356                                                 93,600.00     20060501                           814.84
     37210                          9.3985                             20360401                                                                      356                                                 93,600.00     20060501                           814.84
     30349                          7.7935                             20360401                                                                      356                                               103,200.00      20060501                          778.94
     37207                          9.5585                             20360401                                                                      356                                                  51,500.00    20060501                          454.42
     33150                          7.8335                             20360501                                                                      357                                              225,250.00       20060601                        1,706.50
     20121                          8.1785                             20360501                                                                      357                                              250,000.00       20060601                        1,809.38
     33050                          9.4835                             20360401                                                                      356                                              508,800.00       20060501                        4,316.46
     30354                          8.8735                             20360501                                                                      357                                                116,500.00     20060601                          932.86
     36863                          7.3285                             20360601                                                                      358                                                   81,180.00   20060701                          586.36
     38127                          9.7435                             20360501                                                                      357                                                 56,700.00     20060601                          508.09
     38109                          9.7435                             20360501                                                                      357                                                 58,500.00     20060601                          524.22
     30071                          8.1335                             20360501                                                                      357                                               136,800.00      20060601                         1,017.47
     31313                          9.3585                             20360501                                                                      357                                                 63,000.00     20060601                          546.60
     85051                          6.8685                             20360501                                                                      357                                                 77,200.00     20060601                           500.91
     85051                          12.1185                            20210501                                                                      177                                                  19,300.00    20060601                          207.85
     38122                          10.1885                            20360501                                                                      357                                                 59,400.00     20060601                          552.03
     38122                          10.1885                            20360501                                                                      357                                                 60,300.00     20060601                          560.40
     32206                          7.0185                             20360501                                                                      357                                                 72,000.00     20060601                          504.67
     32206                          11.5685                            20210501                                                                      177                                                  18,000.00    20060601                            186.19
     38122                          10.1885                            20360501                                                                      357                                                 59,400.00     20060601                          552.03
     20018                          8.1185                             20360501                                                                      357                                              280,000.00       20060601                         2,011.24
     20009                          9.1435                             20360501                                                                      357                                               210,000.00      20060601                        1,688.57
     35405                          8.2085                             20360501                                                                      357                                                  91,200.00    20060601                            715.19
     35405                          12.1585                            20210501                                                                      177                                                 22,800.00     20060601                          246.26
     33607                          6.4635                             20360501                                                                      357                                                191,920.00     20060601                        1,272.98
     47714                          9.8985                             20360501                                                                      357                                                 50,400.00     20060601                          444.05
     33569                          7.3685                             20360501                                                                      357                                              225,000.00       20060601                        1,543.38
     30032                          8.9435                             20360501                                                                      357                                               155,000.00      20060601                        1,297.67
     31907                          7.4435                             20360501                                                                      357                                                 92,000.00     20060601                          609.50
     31907                          12.3385                            20210501                                                                      177                                                 23,000.00     20060601                           251.64
     20011                          8.1935                             20360501                                                                      357                                              388,900.00       20060601                        2,819.53
     35007                          8.1085                             20360501                                                                      357                                                 84,800.00     20060601                          608.79
     44485                          9.8085                             20360501                                                                      357                                                 76,950.00     20060601                          693.27
     33025                          9.3185                             20360601                                                                      358                                               136,000.00      20060701                         1,175.95
     30108                          7.7585                             20360601                                                                      358                                               201,600.00      20060701                         1,516.68
     65453                          9.8085                             20360601                                                                      358                                                 68,000.00     20060701                           612.64
     24014                          8.4985                             20360601                                                                      358                                               105,600.00      20060701                          850.06
     7052                           8.6185                             20360601                                                                      358                                              279,000.00       20060701                         2,121.56
     23704                          10.0435                            20360601                                                                      358                                                191,250.00     20060701                        1,756.59
     24014                          12.0885                            20360601                                                                      358                                                 26,400.00     20060701                          283.70
     20735                          8.0435                             20360601                                                                      358                                              256,000.00       20060701                        1,886.46
     30017                          9.8085                             20360501                                                                      357                                               187,200.00      20060601                        1,686.55
     70714                          10.8785                            20360601                                                                      358                                                 76,700.00     20060701                          752.83
     30269                          9.8485                             20360601                                                                      358                                                 85,000.00     20060701                          768.33
     34473                          8.5985                             20360501                                                                      357                                               190,400.00      20060601                         1,546.41
     32812                          8.8685                             20360601                                                                      358                                               206,100.00      20060701                          1,610.16
     44067                          8.5085                             20360601                                                                      358                                              272,000.00       20060701                       2,043.40
     44067                          11.9685                            20210601                                                                      178                                                 68,000.00     20060701                          724.42
     30088                          8.5435                             20360601                                                                      358                                                  91,800.00    20060701                           741.95
     30683                          7.2585                             20360501                                                                      357                                               140,800.00      20060601                            911.09
     30683                          11.4985                            20210501                                                                      177                                                 35,200.00     20060601                           362.21
     17315                          11.0085                            20360601                                                                      358                                                  83,125.00    20060701                           824.13
     70814                          9.1935                             20360601                                                                      358                                                 85,600.00     20060701                          732.29
     70814                          12.9835                            20210601                                                                      178                                                  21,400.00    20060701                          244.95
     20020                          7.8685                             20360601                                                                      358                                              248,800.00       20060701                        1,735.53
     20020                          7.8685                             20360601                                                                      358                                              243,900.00       20060701                        1,700.85
     30331                          8.1935                             20360601                                                                      358                                                116,450.00     20060701                            911.96
     85037                          7.4835                             20360601                                                                      358                                               144,000.00      20060701                          958.80
     46617                          8.9585                             20360601                                                                      358                                                  51,000.00    20060701                          427.53
     30083                          9.4835                             20360601                                                                      358                                               160,075.00      20060701                         1,358.01
     30080                          9.1285                             20360601                                                                      358                                                 98,989.00     20060701                           842.12
     30127                          8.1935                             20360601                                                                      358                                                117,600.00     20060701                          880.05
     77346                          8.1935                             20360601                                                                      358                                              228,800.00       20060701                         1,712.22
     77346                          12.2685                            20210601                                                                      178                                                 57,200.00     20060701                          622.70
     35215                          9.9085                             20360601                                                                      358                                                 66,025.00     20060701                          582.24
     30755                          9.6135                             20360601                                                                      358                                                 85,600.00     20060701                          758.80
     31721                          8.9685                             20360601                                                                      358                                               120,000.00      20060701                        1,006.84
     17103                          9.6065                             20360601                                                                      358                                                 63,750.00     20060701                          564.78
     23451                          8.1935                             20360601                                                                      358                                              250,000.00       20060701                        1,870.86
     32137                          8.4435                             20360601                                                                      358                                               177,600.00      20060701                        1,422.62
     32164                          10.4435                            20210601                                                                      178                                                 44,400.00     20060701                            421.15
     21758                          8.6185                             20360701                                                                      359                                               200,001.00      20060801                        1,627.27
     18901                          6.9935                             20360701                                                                      359                                              300,000.00       20060801                       2,097.64
     21782                          7.2435                             20360601                                                                      358                                               163,500.00      20060701                         1,106.27
     55356                          11.4835                            20260601                                                                      238                                                 43,000.00     20060701                           473.17
     30518                          7.8685                             20360601                                                                      358                                               128,800.00      20060701                          978.97
     30518                          11.9935                            20210601                                                                      178                                                 32,200.00     20060701                          343.66
     92509                          8.1685                             20360701                                                                      359                                              268,000.00       20060801                       2,094.02
     96044                          8.8935                             20360101                                                                      353                                                 96,000.00     20060201                          800.23
     34953                          9.8935                             20360101                                                                      353                                              323,000.00       20060201                       2,930.49
     48208                          9.0935                             20360101                                                                      353                                                 69,300.00     20060201                          587.78
     44110                          8.1435                             20360201                                                                      354                                                 78,400.00     20060301                             611.19
     78363                          7.4835                             20360201                                                                      354                                                118,480.00     20060301                          822.92
     90262                          7.7435                             20360201                                                                      354                                              382,500.00       20060301                        2,731.59
     33179                          6.5435                             20360201                                                                      354                                               172,000.00      20060301                           1,150.11
     48727                          8.1935                             20360201                                                                      354                                               178,500.00      20060301                        1,397.90
     48205                          8.2435                             20360201                                                                      354                                                 60,000.00     20060301                          472.03
     48204                          8.5935                             20360201                                                                      354                                                 111,350.00    20060301                          903.98
     12832                          8.2435                             20360301                                                                      355                                                 90,000.00     20060401                          708.04
     90221                          7.9435                             20360201                                                                      354                                              432,000.00       20060301                        3,150.55
     33327                          6.4935                             20360201                                                                      354                                              256,500.00       20060301                         1,706.51
     50669                          9.4935                             20360201                                                                      354                                                 94,400.00     20060301                          828.43
     48228                          9.4435                             20360201                                                                      354                                                 94,500.00     20060301                          825.82
     33176                          7.9435                             20360201                                                                      354                                              608,000.00       20060301                         4,434.11
     87144                          8.2435                             20360201                                                                      354                                              337,500.00       20060301                       2,538.58
     48234                          9.4435                             20360201                                                                      354                                                 65,450.00     20060301                           571.96
     49017                          7.9935                             20360401                                                                      356                                               139,500.00      20060501                        1,072.64
     30310                          8.0435                             20360201                                                                      354                                                131,200.00     20060301                         1,013.47
     11713                          7.4835                             20360201                                                                      354                                               215,000.00      20060301                         1,576.10
     33603                          8.4435                             20360201                                                                      354                                              296,000.00       20060301                        2,271.85
     48205                          8.1935                             20360301                                                                      355                                                 69,350.00     20060401                            543.11
     48234                          8.0685                             20360201                                                                      354                                                 92,000.00     20060301                           712.30
     48235                          7.4935                             20360301                                                                      355                                                 88,000.00     20060401                          645.72
     48154                          7.7435                             20360401                                                                      356                                               168,300.00      20060501                        1,264.39
     48342                          6.6935                             20360301                                                                      355                                                 95,000.00     20060401                          644.85
     94534                          8.3435                             20360301                                                                      355                                               571,870.00      20060401                       4,345.27
     33134                          7.4835                             20360301                                                                      355                                              480,000.00       20060401                       3,333.90
     85255                          8.0935                             20360301                                                                      355                                              525,000.00       20060401                       4,074.07
     62521                          7.4935                             20360301                                                                      355                                                 74,000.00     20060401                          542.99
     96782                          6.3935                             20360301                                                                      355                                              260,000.00       20060401                         1,712.37
     60649                          8.9935                             20360401                                                                      356                                              406,000.00       20060501                        3,413.87
     20746                          6.9935                             20360301                                                                      355                                              228,000.00       20060401                         1,594.21
     98247                          7.5935                             20360301                                                                      355                                                311,250.00     20060401                       2,305.58
     60707                          9.7135                             20360301                                                                      355                                               321,300.00      20060401                       2,872.02
     44113                          7.9435                             20360301                                                                      355                                                 72,000.00     20060401                           551.07
     98270                          7.9935                             20360301                                                                      355                                              238,500.00       20060401                        1,748.43
     48316                          8.4435                             20360301                                                                      355                                              633,600.00       20060401                       5,075.32
     34491                          8.6435                             20360401                                                                      356                                               153,000.00      20060501                        1,247.63
     48348                          6.9935                             20360401                                                                      356                                              576,000.00       20060501                       3,790.49
     11369                          7.0435                             20360401                                                                      356                                              450,000.00       20060501                         3,161.89
     95822                          7.1185                             20360301                                                                      355                                              320,000.00       20060401                       2,033.34
     60411                          7.4835                             20360301                                                                      355                                               139,500.00      20060401                        1,022.63
     63112                          9.0935                             20360401                                                                      356                                                 76,000.00     20060501                           644.61
     15358                          8.0835                             20360301                                                                      355                                                 96,050.00     20060401                          744.68
     49017                          8.2935                             20360401                                                                      356                                               165,000.00      20060501                        1,303.96
     34953                          8.3135                             20360301                                                                      355                                              229,500.00       20060401                        1,738.54
     48154                          8.3265                             20360401                                                                      356                                               316,200.00      20060501                       2,506.32
     20745                          6.7935                             20360301                                                                      355                                                 111,000.00    20060401                          760.99
     95823                          8.7435                             20360301                                                                      355                                               278,100.00      20060401                        2,198.83
     45405                          10.1085                            20360301                                                                      355                                                 63,750.00     20060401                          588.64
     48209                          8.0435                             20360401                                                                      356                                                 99,750.00     20060501                          770.53
     64840                          7.4835                             20360301                                                                      355                                                 93,500.00     20060401                          685.42
     48091                          10.2935                            20360401                                                                      356                                               153,000.00      20060501                        1,433.99
     27707                          7.9935                             20360401                                                                      356                                               108,000.00      20060501                           791.75
     98056                          6.7435                             20360301                                                                      355                                               281,250.00      20060401                         1,918.63
     48212                          7.9435                             20360401                                                                      356                                               100,000.00      20060501                          765.38
     44103                          6.9935                             20360501                                                                      357                                                 84,550.00     20060601                            591.19
     48327                          8.9435                             20360401                                                                      356                                               251,000.00      20060501                         2,101.40
     92201                          7.7435                             20360301                                                                      355                                               315,000.00      20060401                       2,249.54
     48219                          7.9435                             20360401                                                                      356                                               147,250.00      20060501                         1,127.02
     89015                          7.1135                             20360401                                                                      356                                              228,000.00       20060501                         1,612.99
     55792                          8.4935                             20360401                                                                      356                                               100,000.00      20060501                          804.63
     60634                          8.3635                             20360401                                                                      356                                              306,000.00       20060501                       2,329.79
     92707                          5.9435                             20360401                                                                      356                                               512,000.00      20060501                       2,979.33
     44135                          7.9935                             20360401                                                                      356                                               193,500.00      20060501                        1,487.85
     44843                          7.4935                             20360401                                                                      356                                                117,300.00     20060501                           860.71
     17866                          9.4435                             20360501                                                                      357                                                  71,250.00    20060601                          622.64
     33991                          7.4835                             20360601                                                                      358                                              207,920.00       20060701                         1,444.14
     60804                          8.6435                             20360501                                                                      357                                               184,300.00      20060601                        1,442.94
     21740                          7.4925                             20360601                                                                      358                                                110,400.00     20060701                           810.00
     48208                          9.4835                             20360401                                                                      356                                               148,000.00      20060501                        1,297.72
     93638                          6.7435                             20360401                                                                      356                                               152,000.00      20060501                         1,036.91
     32810                          8.8935                             20360401                                                                      356                                               162,000.00      20060501                        1,350.38
     98038                          7.7435                             20360501                                                                      357                                              304,000.00       20060601                        2,170.99
     91913                          6.7935                             20360401                                                                      356                                              665,000.00       20060501                        4,278.21
     48910                          7.7435                             20360401                                                                      356                                                112,500.00     20060501                           845.18
     87532                          8.9935                             20360601                                                                      358                                               166,500.00      20060701                        1,400.03
     77019                          6.4935                             20360401                                                                      356                                                101,600.00     20060501                          675.95
     60107                          8.9935                             20360501                                                                      357                                               193,500.00      20060601                        1,627.06
     29045                          9.1935                             20360501                                                                      357                                               139,950.00      20060601                         1,197.26
     12566                          7.9935                             20360401                                                                      356                                              365,500.00       20060501                        2,810.38
     30066                          7.1685                             20360401                                                                      356                                               231,300.00      20060501                        1,645.09
     33179                          7.4835                             20360401                                                                      356                                               175,500.00      20060501                        1,286.54
     48223                          7.2935                             20360501                                                                      357                                                  84,149.00    20060601                          605.77
     33056                          7.7435                             20360401                                                                      356                                              265,500.00       20060501                        1,825.32
     48616                          7.7935                             20360601                                                                      358                                                 85,500.00     20060701                          645.35
     48227                          8.7935                             20360501                                                                      357                                                121,500.00     20060601                        1,003.96
     20743                          7.4835                             20360401                                                                      356                                              220,000.00       20060501                         1,612.75
     18301                          7.3435                             20360501                                                                      357                                               213,750.00      20060601                        1,462.23
     98034                          6.9935                             20360601                                                                      358                                              440,000.00       20060701                       3,076.55
     94801                          8.7335                             20360401                                                                      356                                              427,500.00       20060501                       3,376.77
     11763                          8.6435                             20360401                                                                      356                                              458,850.00       20060501                        3,741.65
     89148                          7.1435                             20360401                                                                      356                                              468,000.00       20060501                         3,131.78
     33801                          7.6335                             20360401                                                                      356                                                  98,100.00    20060501                          692.43
     43701                          6.7935                             20360401                                                                      356                                               108,000.00      20060501                          740.42
     65737                          7.7435                             20360501                                                                      357                                                137,610.00     20060601                        1,033.82
     84062                          7.4835                             20360501                                                                      357                                               212,000.00      20060601                        1,472.48
     85365                          7.2435                             20360501                                                                      357                                              283,575.00       20060601                        2,031.57
     60623                          6.9935                             20360401                                                                      356                                              232,000.00       20060501                        1,526.73
     85364                          7.2435                             20360501                                                                      357                                               164,700.00      20060601                         1,179.94
     49093                          6.9935                             20360501                                                                      357                                               140,000.00      20060601                           978.91
     33322                          7.3435                             20360501                                                                      357                                               313,500.00      20060601                        2,144.60
     11040                          6.0835                             20360601                                                                      358                                              470,000.00       20060701                       2,998.60
     53142                          7.4835                             20360401                                                                      356                                               198,900.00      20060501                        1,458.08
     48091                          6.7435                             20360401                                                                      356                                                 72,000.00     20060501                            491.17
     96021                          8.6185                             20360501                                                                      357                                              223,250.00       20060601                         1,816.44
     6412                           7.4935                             20360501                                                                      357                                              283,500.00       20060601                          1,971.21
     60061                          9.2935                             20360501                                                                      357                                              242,000.00       20060601                        2,017.00
     64138                          8.5935                             20360501                                                                      357                                                 85,500.00     20060601                            666.11
     11717                          7.2435                             20360601                                                                      358                                              340,000.00       20060701                        2,435.81
     33068                          7.6435                             20360501                                                                      357                                                314,910.00     20060601                       2,343.72
     92551                          8.9185                             20360501                                                                      357                                              402,300.00       20060601                       3,235.43
     60646                          8.8435                             20360501                                                                      357                                              485,000.00       20060601                       3,872.29
     48458                          10.0435                            20360601                                                                      358                                                  81,000.00    20060701                          743.97
     11520                          7.4835                             20360501                                                                      357                                              370,000.00       20060601                       2,569.88
     30354                          7.4835                             20360501                                                                      357                                                131,000.00     20060601                          960.32
     55912                          6.9935                             20360501                                                                      357                                               183,600.00      20060601                        1,208.22
     10302                          8.2835                             20360501                                                                      357                                               318,250.00      20060601                       2,403.54
     24501                          8.9835                             20360501                                                                      357                                                 83,600.00     20060601                          676.57
     48423                          7.0835                             20360501                                                                      357                                                118,800.00     20060601                           789.71
     92703                          8.9935                             20360501                                                                      357                                              522,000.00       20060601                       4,228.53
     20879                          8.7435                             20360501                                                                      357                                              275,500.00       20060601                       2,266.48
     80249                          7.6435                             20360601                                                                      358                                              207,000.00       20060701                        1,462.65
     44111                          7.6435                             20360501                                                                      357                                               108,000.00      20060601                          803.79
     60628                          7.7435                             20360501                                                                      357                                                171,000.00     20060601                        1,284.67
     48051                          9.8435                             20360501                                                                      357                                               139,750.00      20060601                         1,225.21
     93215                          7.5435                             20360501                                                                      357                                              247,500.00       20060601                         1,730.19
     93611                          7.1435                             20360501                                                                      357                                              430,000.00       20060601                       2,877.49
     19114                          6.9935                             20360601                                                                      358                                              222,000.00       20060701                        1,552.26
     22172                          7.3435                             20360501                                                                      357                                              249,300.00       20060601                        1,705.42
     92345                          7.8585                             20360601                                                                      358                                              337,500.00       20060701                       2,562.87
     48213                          9.6685                             20360601                                                                      358                                                 55,800.00     20060701                          496.92
     60177                          8.4435                             20360501                                                                      357                                               214,600.00      20060601                          1,719.01
     8882                           8.8685                             20360501                                                                      357                                              327,750.00       20060601                        2,623.15
     44105                          8.5935                             20360501                                                                      357                                                 78,300.00     20060601                          635.67
     48235                          9.2935                             20360601                                                                      358                                                  81,000.00    20060701                          698.90
     91342                          7.0435                             20360601                                                                      358                                               512,000.00      20060701                       3,388.26
     95356                          7.1935                             20360501                                                                      357                                              648,000.00       20060601                        4,158.00
     10705                          6.9935                             20360501                                                                      357                                               319,500.00      20060601                        2,102.54
     48205                          9.9435                             20360501                                                                      357                                               106,200.00      20060601                          967.49
     17552                          8.2435                             20360501                                                                      357                                               166,500.00      20060601                        1,252.37
     92201                          6.8935                             20360501                                                                      357                                              297,000.00       20060601                        1,932.56
     92105                          8.1935                             20360501                                                                      357                                              283,500.00       20060601                         2,121.57
     48228                          9.7935                             20360501                                                                      357                                                 72,000.00     20060601                          647.88
     48188                          7.4925                             20360501                                                                      357                                              230,500.00       20060601                        1,602.53
     91748                          7.2435                             20360601                                                                      358                                              520,000.00       20060701                        3,518.43
     7206                           8.8685                             20360501                                                                      357                                               310,500.00      20060601                       2,582.59
     80504                          7.6435                             20360501                                                                      357                                              585,000.00       20060601                        4,133.57
     32068                          8.4935                             20360501                                                                      357                                               166,500.00      20060601                        1,284.32
     33147                          6.9935                             20360601                                                                      358                                               185,000.00      20060701                        1,293.55
     22407                          6.9935                             20360501                                                                      357                                              370,500.00       20060601                        2,438.16
     33467                          6.9935                             20360601                                                                      358                                              287,850.00       20060701                        1,894.26
     23608                          6.9935                             20360601                                                                      358                                               108,000.00      20060701                           755.16
     1453                           6.3835                             20360601                                                                      358                                              242,250.00       20060701                        1,593.84
     60435                          7.6935                             20360501                                                                      357                                              207,000.00       20060601                        1,547.86
     48219                          8.2435                             20360501                                                                      357                                                 45,000.00     20060601                          354.02
     8045                           9.9935                             20360601                                                                      358                                               133,000.00      20060701                          1,181.80
     33615                          8.7935                             20360501                                                                      357                                              580,500.00       20060601                       4,796.68
     32505                          7.2435                             20360501                                                                      357                                                 70,000.00     20060601                           501.49
     48219                          7.2435                             20360601                                                                      358                                               103,500.00      20060701                           741.49
     33193                          8.2435                             20360501                                                                      357                                              288,000.00       20060601                       2,265.70
     20601                          7.4835                             20360601                                                                      358                                              387,000.00       20060701                       2,687.96
     85042                          6.4935                             20360601                                                                      358                                               145,500.00      20060701                          968.02
     39212                          8.9435                             20360601                                                                      358                                                 66,500.00     20060701                          556.75
     95838                          7.9935                             20360501                                                                      357                                              268,200.00       20060601                         1,966.16
     37412                          9.4835                             20360501                                                                      357                                                 82,800.00     20060601                          702.45
     48910                          10.0435                            20360501                                                                      357                                                 69,900.00     20060601                          642.02
     44121                          8.1935                             20360501                                                                      357                                                 93,600.00     20060601                          733.02
     33971                          8.5435                             20360501                                                                      357                                               269,100.00      20060601                        2,086.10
     15688                          7.4835                             20360601                                                                      358                                                 87,300.00     20060701                          639.97
     7055                           8.2935                             20360501                                                                      357                                              389,500.00       20060601                       2,944.62
     91745                          8.4835                             20360501                                                                      357                                              432,250.00       20060601                       3,330.89
     60620                          8.9935                             20360601                                                                      358                                               123,400.00      20060701                        1,037.62
     49014                          7.2435                             20360601                                                                      358                                                 98,999.00     20060701                          709.25
     60442                          7.3685                             20360601                                                                      358                                              570,000.00       20060701                        3,909.91
     49868                          7.2435                             20210601                                                                      178                                               100,000.00      20060701                           941.28
     48044                          7.2935                             20360501                                                                      357                                               154,800.00      20060601                          1,114.36
     20748                          7.1185                             20360601                                                                      358                                              288,800.00       20060701                         2,044.11
     60609                          6.7935                             20360601                                                                      358                                               136,000.00      20060701                          932.38
     20747                          7.7435                             20360501                                                                      357                                              240,700.00       20060601                         1,718.94
     92404                          7.9935                             20360501                                                                      357                                               312,300.00      20060601                        2,401.32
     53223                          9.1435                             20360601                                                                      358                                               133,950.00      20060701                          1,141.02
     21216                          7.4835                             20360501                                                                      357                                                  81,000.00    20060601                          593.79
     60652                          6.7435                             20360501                                                                      357                                               197,500.00      20060601                        1,347.30
     21046                          6.9935                             20360601                                                                      358                                              350,000.00       20060701                       2,447.26
     21113                          7.4925                             20360501                                                                      357                                               261,250.00      20060601                         1,916.78
     20706                          7.1435                             20360501                                                                      357                                               301,500.00      20060601                         2,139.19
     23235                          7.9935                             20360501                                                                      357                                               184,775.00      20060601                        1,354.58
     61109                          8.8435                             20360501                                                                      357                                               142,500.00      20060601                         1,182.66
     60624                          8.4935                             20360501                                                                      357                                               108,000.00      20060601                          869.00
     49534                          7.7935                             20360601                                                                      358                                                131,400.00     20060701                          943.35
     33035                          7.4935                             20360601                                                                      358                                               194,400.00      20060701                         1,351.69
     34654                          7.9435                             20360601                                                                      358                                                  91,000.00    20060701                          696.49
     6076                           6.9835                             20360501                                                                      357                                              207,000.00       20060601                        1,445.96
     87114                          7.9935                             20360601                                                                      358                                                171,900.00     20060701                         1,321.77
     23060                          7.1435                             20360501                                                                      357                                               192,000.00      20060601                        1,284.84
     30260                          8.9435                             20360601                                                                      358                                               133,000.00      20060701                        1,072.22
     21136                          7.0485                             20360501                                                                      357                                              350,000.00       20060601                       2,460.45
     81212                          7.4835                             20360601                                                                      358                                                117,000.00     20060701                          857.69
     22579                          7.9935                             20360601                                                                      358                                                  73,100.00    20060701                          535.90
     89128                          7.4835                             20360601                                                                      358                                              295,200.00       20060701                       2,050.35
     30084                          8.3935                             20360601                                                                      358                                                114,300.00     20060701                            911.48
     85388                          8.4835                             20360601                                                                      358                                              289,750.00       20060701                        2,329.31
     93312                          8.4835                             20360601                                                                      358                                              369,000.00       20060701                       2,843.49
     6010                           7.2785                             20360601                                                                      358                                               185,250.00      20060701                        1,258.28
     91741                          6.9935                             20360501                                                                      357                                              468,000.00       20060601                       3,079.78
     44112                          10.0535                            20360601                                                                      358                                                  92,150.00    20060701                          847.07
     48234                          10.6435                            20360501                                                                      357                                                 58,500.00     20060601                          563.75
     48227                          10.3935                            20360501                                                                      357                                                 49,500.00     20060601                          467.67
     18055                          7.2435                             20360601                                                                      358                                              204,000.00       20060701                         1,461.49
     33584                          8.5935                             20360501                                                                      357                                               135,000.00      20060601                         1,051.75
     34223                          9.0835                             20360601                                                                      358                                              227,582.00       20060701                        1,928.60
     48239                          7.6435                             20360501                                                                      357                                                  81,000.00    20060601                          602.85
     75217                          8.8435                             20360601                                                                      358                                                 74,700.00     20060701                           619.96
     88101                          7.7435                             20360601                                                                      358                                               180,000.00      20060701                        1,352.28
     48126                          9.4335                             20360601                                                                      358                                               180,000.00      20060701                         1,519.99
     34983                          7.7435                             20360501                                                                      357                                              268,830.00       20060601                         1,919.82
     95601                          6.9935                             20360501                                                                      357                                              247,500.00       20060601                        1,730.56
     95815                          9.1335                             20360601                                                                      358                                              238,500.00       20060701                         1,958.01
     48085                          6.7435                             20360601                                                                      358                                              205,000.00       20060701                        1,398.47
     97236                          8.9685                             20360501                                                                      357                                               251,750.00      20060601                       2,034.44
     10567                          8.3685                             20360601                                                                      358                                              254,400.00       20060701                        2,024.13
     48235                          9.0435                             20360601                                                                      358                                                 85,500.00     20060701                          722.06
     77088                          10.0435                            20360601                                                                      358                                                 79,650.00     20060701                            710.91
     30030                          7.0435                             20360601                                                                      358                                               261,000.00      20060701                         1,642.13
     48224                          9.6935                             20360601                                                                      358                                               104,400.00      20060701                           931.66
     60409                          7.9935                             20360601                                                                      358                                                171,950.00     20060701                         1,322.15
     87124                          9.2435                             20360601                                                                      358                                                117,999.00     20060701                         1,013.80
     92404                          7.0185                             20360501                                                                      357                                               315,000.00      20060601                       2,078.75
     7728                           7.1185                             20360501                                                                      357                                              252,000.00       20060601                         1,681.67
     93662                          8.4835                             20360601                                                                      358                                              228,950.00       20060701                        1,764.27
     90606                          8.1435                             20360501                                                                      357                                              450,000.00       20060601                       3,350.37
     92308                          8.1435                             20360601                                                                      358                                               212,000.00      20060701                        1,652.69
     20744                          7.9935                             20360601                                                                      358                                              342,000.00       20060701                        2,507.19
     95326                          7.3685                             20360601                                                                      358                                              306,000.00       20060701                        2,218.72
     11554                          6.9935                             20360601                                                                      358                                              440,000.00       20060701                       3,076.55
     95823                          7.2435                             20360601                                                                      358                                              360,000.00       20060701                       2,435.84
     95932                          6.9935                             20360501                                                                      357                                              357,300.00       20060601                        2,351.29
     37330                          7.4925                             20360601                                                                      358                                                113,050.00     20060701                          829.45
     90240                          8.0185                             20360501                                                                      357                                               612,750.00      20060601                       4,503.70
     43119                          6.4835                             20360601                                                                      358                                                171,000.00     20060701                         1,136.52
     33125                          6.4835                             20360601                                                                      358                                              360,000.00       20060701                       2,392.68
     11714                          7.7435                             20360501                                                                      357                                               513,000.00      20060601                       3,663.54
     48872                          7.5435                             20360601                                                                      358                                               125,600.00      20060701                          925.99
     48141                          9.3935                             20360601                                                                      358                                                 89,780.00     20060701                           781.26
     49230                          7.2835                             20360601                                                                      358                                               261,000.00      20060701                        1,694.33
     21009                          6.8435                             20360601                                                                      358                                              226,000.00       20060701                        1,557.08
     33167                          10.4835                            20360601                                                                      358                                              255,000.00       20060701                       2,426.50
     92832                          8.2935                             20360601                                                                      358                                              570,950.00       20060701                        4,316.39
     11727                          6.9935                             20360601                                                                      358                                              368,880.00       20060701                       2,579.27
     32807                          6.9935                             20360501                                                                      357                                                211,500.00     20060601                        1,478.84
     33525                          7.2435                             20360601                                                                      358                                                  71,250.00    20060701                           510.45
     2905                           9.4835                             20360601                                                                      358                                              225,000.00       20060701                        1,972.88
     53209                          9.2435                             20360601                                                                      358                                                117,800.00     20060701                         1,012.09
     60505                          9.3935                             20360601                                                                      358                                               166,500.00      20060701                        1,448.87
     77075                          8.7935                             20360601                                                                      358                                                116,755.00     20060701                          964.75
     21213                          7.4925                             20360601                                                                      358                                               175,000.00      20060701                        1,283.97
     20785                          6.2435                             20360601                                                                      358                                               195,000.00      20060701                        1,264.77
     70058                          8.2935                             20360601                                                                      358                                               108,000.00      20060701                          853.50
     11003                          8.7435                             20360601                                                                      358                                              446,500.00       20060701                       3,673.25
     48203                          10.1935                            20360501                                                                      357                                                 59,400.00     20060601                          552.26
     6468                           9.1685                             20360601                                                                      358                                              703,000.00       20060701                        5,790.61
     29414                          9.3935                             20360601                                                                      358                                               128,250.00      20060701                          1,116.02
     60646                          8.2735                             20360501                                                                      357                                              522,000.00       20060601                         4,117.77
     82935                          8.6835                             20360601                                                                      358                                              223,250.00       20060701                        1,754.79
     64056                          8.7935                             20360501                                                                      357                                               152,550.00      20060601                        1,260.53
     33566                          7.9935                             20360601                                                                      358                                               179,920.00      20060701                        1,383.43
     49331                          6.9935                             20360601                                                                      358                                               138,500.00      20060701                            911.43
     91745                          7.0935                             20360601                                                                      358                                              423,920.00       20060701                       2,993.20
     48125                          9.2435                             20360601                                                                      358                                               136,800.00      20060701                         1,175.33
     92530                          6.7435                             20360601                                                                      358                                              440,792.00       20060701                       3,006.98
     48446                          9.4835                             20360601                                                                      358                                               182,950.00      20060701                        1,552.08
     20155                          6.4835                             20360601                                                                      358                                              378,000.00       20060701                       2,346.27
     21713                          7.8435                             20360601                                                                      358                                              526,500.00       20060701                       3,799.79
     92324                          7.2435                             20360501                                                                      357                                              383,400.00       20060601                        2,594.17
     60419                          9.0935                             20360601                                                                      358                                               126,000.00      20060701                        1,068.69
     48197                          9.0435                             20360501                                                                      357                                              207,000.00       20060601                         1,748.13
     75092                          8.4185                             20360601                                                                      358                                               128,000.00      20060701                        1,023.02
     18704                          7.1925                             20360601                                                                      358                                                  93,100.00    20060701                           663.71
     48215                          9.7935                             20360601                                                                      358                                                  57,150.00    20060701                           514.25
     48209                          9.0435                             20360601                                                                      358                                                 54,000.00     20060701                          456.04
     48206                          9.9935                             20360601                                                                      358                                                 50,000.00     20060701                          457.37
     60639                          8.0935                             20360601                                                                      358                                               319,500.00      20060701                       2,479.36
     44035                          8.4835                             20360601                                                                      358                                                  81,000.00    20060701                            651.17
     60651                          7.1935                             20360601                                                                      358                                              204,250.00       20060701                        1,456.23
     11207                          7.9935                             20360601                                                                      358                                               494,100.00      20060701                        3,799.21
     6705                           8.0435                             20360601                                                                      358                                              202,500.00       20060701                        1,564.24
     48838                          6.7435                             20360601                                                                      358                                               142,000.00      20060701                          968.70
     48229                          8.9935                             20360601                                                                      358                                                  73,150.00    20060701                           615.09
     49519                          9.1935                             20360601                                                                      358                                               126,000.00      20060701                        1,040.33
     16441                          8.2685                             20360601                                                                      358                                               150,000.00      20060701                         1,182.73
     50315                          8.2435                             20360601                                                                      358                                               134,000.00      20060701                         1,054.18
     33619                          7.4335                             20360601                                                                      358                                                114,750.00     20060701                           837.21
     48083                          9.5935                             20360601                                                                      358                                               146,700.00      20060701                        1,257.23
     20748                          7.4835                             20360601                                                                      358                                              204,000.00       20060701                        1,495.46
     21702                          6.3685                             20360601                                                                      358                                              207,920.00       20060701                        1,365.89
     93277                          7.8035                             20360601                                                                      358                                              244,000.00       20060701                        1,843.40
     48212                          7.6435                             20360601                                                                      358                                                  81,900.00    20060701                          609.54
     24521                          7.7435                             20360601                                                                      358                                                 69,300.00     20060701                          520.63
     39180                          9.0835                             20360601                                                                      358                                                 76,000.00     20060701                          644.05
     47523                          8.2435                             20360601                                                                      358                                                 73,800.00     20060701                          580.59
     46516                          10.9185                            20360601                                                                      358                                                 65,250.00     20060701                          642.44
     89113                          7.2435                             20360601                                                                      358                                               251,200.00      20060701                        1,699.67
     48076                          7.6135                             20360601                                                                      358                                               241,200.00      20060701                        1,698.85
     48224                          8.7685                             20360601                                                                      358                                               145,350.00      20060701                         1,198.40
     85374                          7.6535                             20360601                                                                      358                                              236,000.00       20060701                        1,758.08
     48146                          6.8935                             20360601                                                                      358                                                  81,000.00    20060701                          560.83
     89139                          6.3935                             20360601                                                                      358                                              382,400.00       20060701                       2,348.63
     20695                          7.4835                             20360601                                                                      358                                              325,000.00       20060701                       2,382.47
     20164                          6.2685                             20360601                                                                      358                                              220,000.00       20060701                         1,331.35
     93705                          6.1185                             20360601                                                                      358                                               168,000.00      20060701                        1,075.73
     44102                          7.9685                             20360601                                                                      358                                                 72,000.00     20060701                          552.35
     21009                          7.2435                             20360601                                                                      358                                              399,000.00       20060701                       2,699.72
     44133                          8.5935                             20360601                                                                      358                                               164,000.00      20060701                         1,331.40
     55113                          6.6935                             20360601                                                                      358                                               216,000.00      20060701                         1,466.19
     93535                          6.9935                             20360601                                                                      358                                              243,000.00       20060701                         1,599.12
     92807                          7.1685                             20360601                                                                      358                                              365,750.00       20060701                       2,454.33
     96142                          6.8435                             20360601                                                                      358                                              672,000.00       20060701                       4,347.93
     33511                          8.3935                             20360601                                                                      358                                               189,000.00      20060701                         1,507.16
     49505                          8.2435                             20360601                                                                      358                                               133,000.00      20060701                        1,046.32
     48228                          9.1935                             20360601                                                                      358                                               102,600.00      20060701                           847.12
     2360                           7.8935                             20360601                                                                      358                                              572,850.00       20060701                        4,364.19
     20602                          6.3935                             20360601                                                                      358                                                180,001.00     20060701                         1,185.49
     48225                          9.6935                             20360601                                                                      358                                               108,000.00      20060701                          963.78
     49601                          8.0435                             20360601                                                                      358                                                 83,700.00     20060701                          646.55
     92555                          6.4435                             20360601                                                                      358                                              343,920.00       20060701                        2,124.75
     43614                          6.9935                             20360601                                                                      358                                               130,000.00      20060701                          855.50
     18328                          7.1935                             20360601                                                                      358                                               136,800.00      20060701                          975.33
     32966                          8.3935                             20360601                                                                      358                                               166,500.00      20060701                        1,327.74
     23323                          8.8435                             20360601                                                                      358                                              262,200.00       20060701                        2,176.09
     90001                          7.4935                             20360601                                                                      358                                              268,000.00       20060701                        1,863.44
     48221                          8.0435                             20360601                                                                      358                                                112,800.00     20060701                           831.23
     2863                           6.6935                             20360601                                                                      358                                              205,600.00       20060701                        1,307.64
     11743                          6.8685                             20360601                                                                      358                                              520,000.00       20060701                        3,195.84
     11206                          8.7435                             20360601                                                                      358                                              555,750.00       20060701                        4,394.10
     2151                           7.2935                             20360601                                                                      358                                              448,000.00       20060701                       3,225.02
     96707                          6.3935                             20360601                                                                      358                                              445,000.00       20060701                         2,733.11
     20708                          7.1925                             20360601                                                                      358                                                171,500.00     20060701                         1,222.61
     34286                          6.7935                             20360601                                                                      358                                              246,500.00       20060701                        1,689.94
     87120                          8.3435                             20360601                                                                      358                                               146,200.00      20060701                         1,160.62
     60619                          7.9935                             20360601                                                                      358                                              329,650.00       20060701                        2,416.65
     29150                          7.7485                             20360601                                                                      358                                                 98,000.00     20060701                          736.59
     48224                          9.1935                             20360601                                                                      358                                               135,000.00      20060701                          1,154.91
     11751                          6.6435                             20360601                                                                      358                                              440,000.00       20060701                       2,782.37
     6483                           8.4435                             20360601                                                                      358                                              304,000.00       20060701                        2,435.13
     20602                          7.1185                             20360601                                                                      358                                               316,800.00      20060701                       2,242.30
     29649                          8.2435                             20360601                                                                      358                                                112,000.00     20060701                             881.11
     48228                          9.4435                             20360601                                                                      358                                                 93,600.00     20060701                           817.96
     85242                          8.1435                             20360601                                                                      358                                                193,188.00     20060701                        1,392.57
     60629                          8.3435                             20360601                                                                      358                                               261,000.00      20060701                        2,071.96
     61336                          7.9935                             20360601                                                                      358                                                 77,000.00     20060701                          592.07
     80915                          7.8435                             20360601                                                                      358                                               160,000.00      20060701                         1,213.30
     20772                          6.4835                             20360601                                                                      358                                              685,000.00       20060701                        3,990.13
     49017                          7.7435                             20360601                                                                      358                                                 89,250.00     20060701                          637.37
     21613                          7.4925                             20360601                                                                      358                                               123,300.00      20060701                          904.65
     32907                          7.9835                             20360601                                                                      358                                               180,000.00      20060701                        1,382.77
     48223                          10.4935                            20360601                                                                      358                                                 83,000.00     20060701                          790.43
     21830                          7.9935                             20360601                                                                      358                                               103,000.00      20060701                           791.99
     33713                          7.4835                             20360601                                                                      358                                              209,000.00       20060701                         1,532.12
     48382                          9.1435                             20360601                                                                      358                                              688,750.00       20060701                       5,659.80
     21742                          7.4835                             20360601                                                                      358                                               175,000.00      20060701                         1,215.49
     92394                          9.0435                             20360601                                                                      358                                              206,400.00       20060701                        1,680.00
     7111                           8.4435                             20360601                                                                      358                                              220,000.00       20060701                        1,688.54
     60651                          7.0435                             20360601                                                                      358                                                116,000.00     20060701                           815.07
     60013                          7.9935                             20360601                                                                      358                                              374,000.00       20060701                        2,741.78
     81623                          6.4925                             20360601                                                                      358                                               412,000.00      20060701                       2,560.00
     48223                          7.9935                             20360601                                                                      358                                                174,150.00     20060701                        1,276.69
     48089                          9.6935                             20360601                                                                      358                                                  81,500.00    20060701                          727.30
     60004                          7.9835                             20360601                                                                      358                                               169,000.00      20060701                        1,298.27
     65616                          7.4835                             20360601                                                                      358                                              200,000.00       20060701                         1,389.13
     33168                          8.4935                             20360601                                                                      358                                               150,000.00      20060701                        1,206.94
     90603                          7.4935                             20360601                                                                      358                                              636,500.00       20060701                       4,425.66
     48213                          8.7435                             20360601                                                                      358                                                 72,000.00     20060701                          592.33
     72118                          8.0435                             20360601                                                                      358                                                 83,250.00     20060701                           613.47
     48708                          6.7435                             20360601                                                                      358                                                 95,000.00     20060701                          607.69
     48895                          7.4435                             20360601                                                                      358                                              239,920.00       20060701                         1,752.10
     85629                          8.4835                             20360601                                                                      358                                              200,600.00       20060701                         1,612.63
     48060                          9.1935                             20360601                                                                      358                                                118,800.00     20060701                         1,016.32
     7461                           7.9835                             20360601                                                                      358                                               195,000.00      20060701                        1,498.00
     76109                          7.4435                             20360601                                                                      358                                               100,000.00      20060701                          730.29
     32750                          6.7435                             20360601                                                                      358                                               144,000.00      20060701                          982.34
     48609                          8.5435                             20360601                                                                      358                                                 82,000.00     20060701                          662.75
     92503                          6.5435                             20360601                                                                      358                                              264,000.00       20060701                         1,650.18
     33463                          8.3935                             20360601                                                                      358                                              247,000.00       20060701                        1,969.68
     48044                          6.1435                             20360601                                                                      358                                              208,000.00       20060701                        1,335.29
     89110                          7.6935                             20360601                                                                      358                                               215,920.00      20060701                        1,533.82
     10950                          8.2435                             20360601                                                                      358                                              389,550.00       20060701                       3,064.60
     34638                          5.8435                             20360601                                                                      358                                              205,766.00       20060701                        1,088.85
     55720                          7.7435                             20360601                                                                      358                                               102,000.00      20060701                          766.30
     49201                          9.1935                             20360601                                                                      358                                              575,000.00       20060701                        4,919.04
     32750                          7.7685                             20360601                                                                      358                                                 27,000.00     20060701                          203.32
     45240                          9.4835                             20360601                                                                      358                                                 95,000.00     20060701                          805.95
     96002                          6.9935                             20360601                                                                      358                                               172,000.00      20060701                        1,202.65
     93535                          7.4835                             20360601                                                                      358                                              232,000.00       20060701                          1,611.39
     89031                          6.9935                             20360601                                                                      358                                              208,000.00       20060701                        1,454.37
     96727                          8.7435                             20360601                                                                      358                                              433,200.00       20060701                       3,563.83
     33321                          9.2835                             20360601                                                                      358                                              243,000.00       20060701                       2,094.89
     33410                          7.7935                             20360601                                                                      358                                              243,000.00       20060701                        1,744.55
     33415                          9.6435                             20360601                                                                      358                                               174,000.00      20060701                        1,498.04
     48342                          8.7685                             20360601                                                                      358                                                 80,000.00     20060701                          659.60
     77476                          6.5935                             20360601                                                                      358                                               134,000.00      20060701                          900.53
     60652                          7.7435                             20360601                                                                      358                                               182,700.00      20060701                        1,372.57
     92563                          6.9935                             20360601                                                                      358                                              562,500.00       20060701                        3,701.65
     60440                          9.1935                             20360601                                                                      358                                               169,000.00      20060701                        1,445.77
     11706                          6.4435                             20360601                                                                      358                                              347,680.00       20060701                        2,013.65
     60632                          8.9435                             20360601                                                                      358                                               165,000.00      20060701                         1,381.40
     34715                          6.4435                             20360601                                                                      358                                              200,000.00       20060701                         1,235.61
     49230                          7.7635                             20360601                                                                      358                                               162,900.00      20060701                          1,226.11
     49098                          7.4835                             20360601                                                                      358                                                  81,000.00    20060701                          562.60
     33033                          7.4935                             20360601                                                                      358                                               143,000.00      20060701                        1,049.29
     43145                          9.0735                             20360601                                                                      358                                               100,000.00      20060701                          846.70
     85257                          6.9635                             20360601                                                                      358                                               313,000.00      20060701                       2,052.83
     33328                          6.7435                             20360601                                                                      358                                              268,000.00       20060701                         1,714.33
     48204                          9.5435                             20360601                                                                      358                                                  61,200.00    20060701                          539.34
     60477                          7.8535                             20360601                                                                      358                                              222,500.00       20060701                        1,607.49
     60612                          8.2735                             20360601                                                                      358                                               154,850.00      20060701                         1,221.53
     19146                          8.6935                             20360601                                                                      358                                                114,750.00     20060701                          939.87
     20770                          7.1925                             20360601                                                                      358                                              350,000.00       20060701                       2,354.89
     92504                          8.0435                             20360601                                                                      358                                              365,750.00       20060701                       2,695.22
     90660                          8.4835                             20360601                                                                      358                                              280,500.00       20060701                          2,161.51
     60056                          7.8835                             20360601                                                                      358                                              208,000.00       20060701                         1,583.16
     48602                          11.2435                            20360601                                                                      358                                                 69,000.00     20060701                          696.50
     92407                          6.5935                             20360601                                                                      358                                              295,200.00       20060701                        1,746.60
     60516                          7.4835                             20360601                                                                      358                                               133,200.00      20060701                           925.16
     49221                          9.5435                             20360601                                                                      358                                                 80,000.00     20060701                          705.02
     20743                          7.2635                             20360601                                                                      358                                              207,000.00       20060701                        1,403.69
     60411                          7.8935                             20360601                                                                      358                                                131,700.00     20060701                        1,003.35
     43204                          9.8435                             20360601                                                                      358                                               132,500.00      20060701                         1,197.20
     95971                          6.7435                             20360601                                                                      358                                              304,000.00       20060701                        1,836.67
     8527                           8.7435                             20360601                                                                      358                                               185,000.00      20060701                         1,521.95
     85363                          9.1935                             20360601                                                                      358                                              263,000.00       20060701                         2,171.47
     21771                          7.3835                             20360601                                                                      358                                              276,300.00       20060701                       2,006.25
     20772                          6.4435                             20360601                                                                      358                                               281,000.00      20060701                        1,860.08
     33015                          7.4435                             20360601                                                                      358                                              306,000.00       20060701                       2,234.67
     48239                          6.6935                             20360601                                                                      358                                                110,400.00     20060701                           702.16
     60544                          6.9935                             20360601                                                                      358                                               182,392.00      20060701                        1,200.27
     48765                          9.0435                             20360601                                                                      358                                                 72,250.00     20060701                            610.16
     33068                          8.9435                             20360601                                                                      358                                               216,000.00      20060701                         1,741.34
     34983                          8.2935                             20360601                                                                      358                                              365,490.00       20060701                         2,763.11
     11727                          7.2435                             20360601                                                                      358                                               451,250.00      20060701                       3,232.82
     92551                          7.2935                             20360601                                                                      358                                              360,000.00       20060701                       2,340.00
     60616                          9.5435                             20360601                                                                      358                                               162,000.00      20060701                        1,427.66
     81504                          8.2435                             20360601                                                                      358                                               139,500.00      20060701                        1,049.28
     32952                          6.5685                             20360601                                                                      358                                               133,200.00      20060701                           892.91
     60140                          7.3685                             20360601                                                                      358                                              283,200.00       20060701                         1,942.61
     48224                          9.1935                             20360601                                                                      358                                               144,000.00      20060701                         1,231.90
     60625                          6.9935                             20360601                                                                      358                                               418,950.00      20060701                       2,929.36
     18328                          7.5935                             20360601                                                                      358                                               144,000.00      20060701                        1,066.68
     30062                          7.4835                             20360601                                                                      358                                              202,725.00       20060701                         1,486.12
     96732                          6.7435                             20360601                                                                      358                                              557,600.00       20060701                       3,368.84
     33147                          9.1435                             20360601                                                                      358                                               192,600.00      20060701                         1,640.61
     48174                          7.4435                             20360601                                                                      358                                               108,000.00      20060701                          746.89
     48205                          10.4435                            20360601                                                                      358                                                 66,000.00     20060701                          626.05
     33313                          8.0935                             20360601                                                                      358                                                 78,750.00     20060701                              611.11
     11420                          7.9935                             20360601                                                                      358                                              372,000.00       20060701                       2,860.36
     90280                          6.4935                             20360601                                                                      358                                              468,750.00       20060701                        2,912.96
     48195                          7.4435                             20360601                                                                      358                                               130,000.00      20060701                          899.04
     90002                          8.2935                             20360601                                                                      358                                              438,750.00       20060701                        3,316.95
     32060                          7.1185                             20360601                                                                      358                                               120,000.00      20060701                          849.36
     10541                          6.2435                             20360601                                                                      358                                              520,000.00       20060701                        3,137.46
     33024                          6.0435                             20360601                                                                      358                                              280,000.00       20060701                        1,649.27
     90022                          6.6435                             20360601                                                                      358                                                 98,000.00     20060701                           661.90
     91745                          7.7935                             20360601                                                                      358                                              672,000.00       20060701                       4,824.43
     60559                          7.9435                             20360601                                                                      358                                                321,100.00     20060701                        2,341.77
     33029                          8.6435                             20360601                                                                      358                                              426,600.00       20060701                       3,478.67
     33021                          6.7435                             20360601                                                                      358                                              280,000.00       20060701                          1,910.10
     15201                          10.2435                            20360601                                                                      358                                                 70,000.00     20060701                          653.44
     44128                          8.4935                             20360601                                                                      358                                                  98,910.00    20060701                          795.86
     48116                          7.7935                             20360601                                                                      358                                               127,200.00      20060701                           913.20
     34116                          8.3435                             20360601                                                                      358                                              297,000.00       20060701                       2,357.75
     48201                          6.7935                             20360601                                                                      358                                              208,000.00       20060701                        1,425.99
     37343                          8.4835                             20360601                                                                      358                                                 75,000.00     20060701                          602.93
     33313                          7.4435                             20360601                                                                      358                                                 83,000.00     20060701                           606.14
     48910                          6.5935                             20360601                                                                      358                                                 83,920.00     20060701                          563.97
     60617                          7.7435                             20360601                                                                      358                                               172,000.00      20060701                        1,228.32
     19040                          6.8435                             20360601                                                                      358                                              242,400.00       20060701                        1,670.07
     20720                          6.3435                             20360601                                                                      358                                              326,400.00       20060701                        2,138.77
     33196                          6.4935                             20360601                                                                      358                                              296,000.00       20060701                        1,839.44
     43560                          8.4935                             20360601                                                                      358                                                 99,000.00     20060701                          796.58
     92562                          8.4835                             20360401                                                                      356                                              320,450.00       20060501                       2,469.36
     97502                          7.6935                             20360601                                                                      358                                                117,500.00     20060701                           878.61
     12308                          11.0435                            20360601                                                                      358                                                 60,000.00     20060701                          596.46
     73111                          9.8435                             20360601                                                                      358                                                 52,200.00     20060701                           471.65
     73120                          8.8685                             20210601                                                                      178                                                 50,000.00     20060701                           518.35
     73507                          10.7935                            20360701                                                                      359                                                 79,500.00     20060801                           775.17
     36303                          8.8935                             20360601                                                                      358                                               104,700.00      20060701                          872.75
     36303                          11.5435                            20210601                                                                      178                                                 26,200.00     20060701                           270.51
     48504                          10.9935                            20360701                                                                      359                                                   51,120.00   20060801                          506.24
     33853                          8.3935                             20360701                                                                      359                                                  81,000.00    20060801                          645.92
     85326                          5.5935                             20360701                                                                      359                                               172,000.00      20060801                          958.38
     92223                          8.6435                             20360701                                                                      359                                               217,000.00      20060801                        1,769.50
     48223                          9.6435                             20360701                                                                      359                                               108,000.00      20060801                          959.78
     85635                          8.9185                             20360701                                                                      359                                                 72,000.00     20060801                           601.48
     19403                          10.6935                            20360701                                                                      359                                                 33,800.00     20060801                           327.01
     63023                          9.2935                             20360701                                                                      359                                              252,900.00       20060801                        2,107.85
     97203                          8.4835                             20360301                                                                      355                                              200,000.00       20060401                         1,607.81
     97140                          7.4835                             20360401                                                                      356                                               194,400.00      20060501                        1,425.08
     97140                          11.1185                            20210401                                                                      176                                                 48,600.00     20060501                          485.92
     98274                          7.6185                             20360501                                                                      357                                               186,960.00      20060601                         1,317.52
     98274                          10.7435                            20210501                                                                      177                                                 46,740.00     20060601                          453.97
     97008                          6.8685                             20360501                                                                      357                                               143,200.00      20060601                           929.16
     97008                          11.4935                            20210501                                                                      177                                                 35,800.00     20060601                          368.24
     97754                          9.8685                             20360501                                                                      357                                              232,000.00       20060601                       2,005.83
     48227                          9.2435                             20360401                                                                      356                                                 96,000.00     20060501                          824.79
     48006                          8.3185                             20360501                                                                      357                                              202,400.00       20060601                         1,603.14
     48210                          8.6185                             20360501                                                                      357                                                 78,800.00     20060601                           599.21
     48220                          8.3685                             20360601                                                                      358                                                 88,000.00     20060701                           700.17
     48180                          8.5435                             20360601                                                                      358                                                 97,250.00     20060701                          786.00
     48422                          8.6935                             20360601                                                                      358                                                 88,000.00     20060701                          720.77
     49546                          8.3685                             20360501                                                                      357                                               221,200.00      20060601                        1,635.96
     48210                          11.2435                            20260501                                                                      237                                                  19,700.00    20060601                           213.50
     48006                          11.4935                            20260501                                                                      237                                                 50,600.00     20060601                           557.15
     49546                          11.2435                            20260501                                                                      237                                                  55,175.00    20060601                          597.94
     49509                          8.6185                             20360601                                                                      358                                               120,000.00      20060701                          976.36
     49224                          9.3435                             20360501                                                                      357                                                  81,000.00    20060601                           701.88
     48150                          9.3685                             20360601                                                                      358                                               195,000.00      20060701                        1,693.28
     48455                          9.7935                             20360601                                                                      358                                              240,300.00       20060701                        2,162.27
     48237                          8.2685                             20360601                                                                      358                                               126,000.00      20060701                          993.50
     48076                          8.3185                             20360601                                                                      358                                               109,600.00      20060701                            868.11
     48359                          8.3185                             20360601                                                                      358                                                 98,875.00     20060701                           783.16
     48346                          8.5435                             20360601                                                                      358                                               146,000.00      20060701                          1,180.01
     48359                          11.4935                            20260601                                                                      238                                                 25,700.00     20060701                          282.98
     48076                          11.4935                            20260601                                                                      238                                                 27,400.00     20060701                           301.70
     48239                          9.5935                             20360301                                                                      355                                                  88,125.00    20060401                          779.88
     49249                          8.5185                             20360501                                                                      357                                               130,400.00      20060601                          980.72
     60626                          9.2935                             20360301                                                                      355                                                 99,750.00     20060401                          860.68
     31324                          7.8435                             20360601                                                                      358                                               139,000.00      20060701                        1,054.05
     39352                          9.0185                             20360401                                                                      356                                                191,250.00     20060501                          1,611.63
     34606                          7.9435                             20360301                                                                      355                                               163,200.00      20060401                        1,249.09
     75704                          9.2435                             20360501                                                                      357                                                 82,650.00     20060601                            710.10
     44805                          7.8935                             20360401                                                                      356                                               126,000.00      20060501                          959.92
     77449                          9.2685                             20360501                                                                      357                                                 72,000.00     20060601                           619.92
     59901                          9.2685                             20360601                                                                      358                                               235,125.00      20060701                        2,024.41
     52806                          11.3935                            20360301                                                                      355                                                 73,000.00     20060401                          723.92
     11741                          8.5685                             20360601                                                                      358                                               281,700.00      20060701                        2,281.85
     16342                          7.8685                             20360601                                                                      358                                                116,800.00     20060701                           845.17
     17404                          10.1435                            20360601                                                                      358                                                 84,800.00     20060701                          785.23
     31757                          9.2435                             20360501                                                                      357                                               120,700.00      20060601                        1,037.00
     17320                          8.8935                             20360601                                                                      358                                               195,500.00      20060701                        1,629.63
     33321                          8.0185                             20360501                                                                      357                                               147,475.00      20060601                        1,047.69
     60626                          7.4185                             20360601                                                                      358                                               183,900.00      20060701                          1,214.51
     7112                           8.5685                             20360501                                                                      357                                               188,000.00      20060601                         1,421.75
     67502                          7.3435                             20360501                                                                      357                                                 90,000.00     20060601                           615.68
     31641                          8.8185                             20360501                                                                      357                                               168,575.00      20060601                        1,396.00
     13492                          9.9185                             20360601                                                                      358                                                 69,700.00     20060701                          633.67
     7860                           9.6935                             20360501                                                                      357                                              237,500.00       20060601                         2,119.42
     39574                          7.8685                             20360601                                                                      358                                                 83,000.00     20060701                          630.86
     2332                           8.7685                             20360601                                                                      358                                              245,000.00       20060701                       2,020.00
     19709                          8.6435                             20360501                                                                      357                                                161,000.00     20060601                         1,312.86
     5478                           8.9435                             20360501                                                                      357                                               103,500.00      20060601                          866.52
     33435                          8.5685                             20360501                                                                      357                                              230,400.00       20060601                        1,866.30
     48179                          9.8935                             20360601                                                                      358                                                101,250.00     20060701                           918.62
     33809                          9.2435                             20360501                                                                      357                                              233,750.00       20060601                       2,008.28
     11422                          8.5685                             20360501                                                                      357                                               168,000.00      20060601                        1,360.85
     42301                          8.3185                             20360601                                                                      358                                               142,400.00      20060701                         1,127.90
     31904                          9.2935                             20360501                                                                      357                                               133,000.00      20060601                         1,147.57
     24017                          8.8435                             20360601                                                                      358                                                 97,000.00     20060701                          805.04
     19145                          8.9435                             20360601                                                                      358                                                  81,000.00    20060701                           678.14
     48154                          8.0685                             20360601                                                                      358                                               195,900.00      20060701                        1,399.87
     31075                          9.2685                             20360501                                                                      357                                                 95,500.00     20060601                          822.25
     30047                          9.9935                             20360501                                                                      357                                               125,400.00      20060601                        1,097.25
     1752                           9.1685                             20360601                                                                      358                                               179,000.00      20060701                        1,528.04
     19963                          8.9935                             20360501                                                                      357                                                117,000.00     20060601                          983.80
     91606                          9.1685                             20360501                                                                      357                                              306,000.00       20060601                         2,612.18
     33440                          7.7935                             20360501                                                                      357                                               120,000.00      20060601                          905.75
     30114                          10.6935                            20360601                                                                      358                                               125,000.00      20060701                        1,209.34
     10940                          7.7685                             20360601                                                                      358                                               100,000.00      20060701                          753.03
     27863                          9.4935                             20360601                                                                      358                                               136,350.00      20060701                         1,196.57
     48044                          8.5685                             20360601                                                                      358                                              262,500.00       20060701                        2,126.32
     47025                          8.5185                             20360601                                                                      358                                              222,800.00       20060701                        1,675.64
     40118                          8.3185                             20360501                                                                      357                                                119,200.00     20060601                           944.14
     30016                          8.0935                             20360501                                                                      357                                                 95,600.00     20060601                           741.87
     10303                          9.0435                             20360601                                                                      358                                               310,000.00      20060701                        2,617.97
     1108                           7.9685                             20360601                                                                      358                                                112,000.00     20060701                           791.00
     72532                          7.4935                             20360601                                                                      358                                                 75,000.00     20060701                          550.33
     14580                          8.0685                             20360601                                                                      358                                               180,000.00      20060701                        1,393.63
     18328                          11.7435                            20360601                                                                      358                                               130,900.00      20060701                         1,371.70
     67154                          8.3685                             20360601                                                                      358                                                 94,400.00     20060701                           751.09
     33470                          8.1435                             20360601                                                                      358                                               251,000.00      20060701                        1,956.72
     72756                          9.8685                             20360601                                                                      358                                               139,500.00      20060701                        1,263.05
     87323                          8.9685                             20360601                                                                      358                                                 63,200.00     20060701                          499.02
     21211                          8.7435                             20360601                                                                      358                                               136,000.00      20060701                          1,118.84
     28803                          9.5935                             20360601                                                                      358                                                127,100.00     20060701                         1,124.80
     2382                           8.3435                             20360501                                                                      357                                               251,000.00      20060601                        1,992.58
     48082                          8.1435                             20360601                                                                      358                                                 95,000.00     20060701                          740.60
     33543                          9.4685                             20360601                                                                      358                                              298,750.00       20060701                       2,530.97
     6606                           7.3185                             20360601                                                                      358                                               184,000.00      20060701                          1,199.51
     8065                           9.1685                             20360601                                                                      358                                              200,000.00       20060701                         1,707.31
     87121                          8.7435                             20360601                                                                      358                                               152,000.00      20060701                        1,250.47
     37049                          8.4435                             20360601                                                                      358                                                 98,000.00     20060701                          730.92
     21666                          9.2435                             20360601                                                                      358                                              267,000.00       20060701                       2,293.95
     10465                          8.6185                             20360601                                                                      358                                               186,000.00      20060701                         1,513.36
     83706                          8.5185                             20360601                                                                      358                                              248,000.00       20060701                         1,865.17
     48195                          8.5185                             20360601                                                                      358                                               108,400.00      20060701                           815.26
     49004                          8.5435                             20360601                                                                      358                                                 85,500.00     20060701                           691.04
     48240                          9.4685                             20360601                                                                      358                                                  91,000.00    20060701                          770.94
     33415                          9.0435                             20360601                                                                      358                                              238,500.00       20060701                         1,941.28
     49201                          8.0685                             20360601                                                                      358                                               103,200.00      20060701                          737.45
     49855                          9.3435                             20360601                                                                      358                                                115,000.00     20060701                          996.49
     48317                          8.3185                             20360601                                                                      358                                               100,000.00      20060701                          792.07
     83651                          8.3185                             20360601                                                                      358                                                118,650.00     20060701                          939.79
     30234                          8.1685                             20360601                                                                      358                                               169,500.00      20060701                        1,324.39
     85706                          8.1935                             20360601                                                                      358                                               231,500.00      20060701                         1,812.96
     17403                          9.1935                             20360601                                                                      358                                                107,100.00     20060701                           916.23
     85745                          9.3435                             20360601                                                                      358                                               195,500.00      20060701                        1,637.09
     51534                          8.2435                             20360601                                                                      358                                                 99,000.00     20060701                          744.65
     48235                          9.7435                             20360601                                                                      358                                                 70,000.00     20060701                           608.18
     49249                          10.9935                            20260501                                                                      237                                                 32,600.00     20060601                          347.66
     33321                          8.9935                             20260501                                                                      237                                                 36,875.00     20060601                          343.73
     60626                          10.6185                            20260601                                                                      238                                                 45,975.00     20060701                          478.47
     7112                           11.4935                            20260501                                                                      237                                                 47,000.00     20060601                           517.52
     16342                          9.7435                             20260601                                                                      238                                                 29,200.00     20060701                          286.64
     44087                          10.9935                            20260501                                                                      237                                                 25,400.00     20060601                          270.88
     42301                          11.4935                            20260501                                                                      237                                                 35,600.00     20060601                           391.99
     48154                          11.4935                            20260601                                                                      238                                                 49,000.00     20060701                          539.54
     47025                          10.7435                            20260501                                                                      237                                                  51,000.00    20060601                           535.13
     1108                           11.4935                            20260601                                                                      238                                                 28,000.00     20060701                           308.31
     67154                          11.2435                            20260601                                                                      238                                                 23,600.00     20060701                          255.76
     87323                          11.4935                            20260601                                                                      238                                                  15,800.00    20060701                           173.98
     83651                          11.4935                            20260601                                                                      238                                                 29,650.00     20060701                          326.48
     49201                          11.4935                            20260601                                                                      238                                                 25,800.00     20060701                          284.09
     48317                          11.4935                            20260601                                                                      238                                                 25,000.00     20060701                          275.28
     48195                          10.4935                            20260601                                                                      238                                                  27,100.00    20060701                          279.73
     6606                           10.4935                            20260601                                                                      238                                                  51,000.00    20060701                          526.42
     83706                          10.9935                            20260601                                                                      238                                                 62,000.00     20060701                            661.19
     48072                          7.3685                             20360301                                                                      355                                               166,000.00      20060401                        1,089.38
     48230                          8.4685                             20360601                                                                      358                                              258,275.00       20060701                       2,073.50
     65560                          8.6685                             20360601                                                                      358                                                 73,600.00     20060701                           601.50
     65802                          8.6435                             20360601                                                                      358                                                 50,000.00     20060701                          407.72
     38104                          9.3185                             20360601                                                                      358                                                101,000.00     20060701                          873.32
     33947                          8.0185                             20360601                                                                      358                                               341,500.00      20060701                        2,631.90
     32082                          10.3685                            20360601                                                                      358                                              307,800.00       20060701                       2,902.22
     87059                          7.9935                             20360601                                                                      358                                              255,000.00       20060701                        1,960.73
     34759                          9.3685                             20360601                                                                      358                                               170,400.00      20060701                        1,479.67
     48072                          9.7435                             20260301                                                                      235                                                 42,000.00     20060401                           412.30
     65560                          10.9935                            20260601                                                                      238                                                  18,400.00    20060701                           196.23
     22302                          9.5935                             20360501                                                                      357                                              308,750.00       20060601                       2,598.65
     30294                          9.8935                             20360601                                                                      358                                                131,250.00     20060701                         1,190.80
     89108                          9.8435                             20360501                                                                      357                                              299,250.00       20060601                       2,703.86
     81132                          9.6435                             20360601                                                                      358                                                 55,000.00     20060701                          488.78
     23602                          9.0935                             20360501                                                                      357                                                 97,200.00     20060601                          824.42
     93313                          8.1185                             20360601                                                                      358                                              265,000.00       20060701                         2,061.15
     80534                          10.4185                            20360601                                                                      358                                               140,000.00      20060701                        1,325.33
     6040                           9.3685                             20360601                                                                      358                                               127,500.00      20060701                          1,107.15
     19136                          8.3935                             20360601                                                                      358                                                114,300.00     20060701                          847.73
     48316                          8.2685                             20360301                                                                      355                                               188,000.00      20060401                        1,482.36
     48837                          8.8185                             20360601                                                                      358                                               187,000.00      20060701                        1,548.58
     48231                          8.8935                             20360501                                                                      357                                                 79,000.00     20060601                          658.52
     48842                          8.1935                             20360601                                                                      358                                                 90,900.00     20060701                            711.87
     48075                          8.5185                             20360601                                                                      358                                                115,500.00     20060701                          868.66
     48225                          8.4185                             20360501                                                                      357                                                 66,400.00     20060601                          493.85
     48227                          8.9435                             20360501                                                                      357                                                 74,400.00     20060601                          622.89
     49229                          9.6435                             20360601                                                                      358                                                191,250.00     20060701                        1,699.60
     48334                          9.4435                             20360501                                                                      357                                                116,850.00     20060601                          1,021.13
     48036                          9.4935                             20360601                                                                      358                                                 50,000.00     20060701                          438.79
     37115                          9.2935                             20360601                                                                      358                                                121,600.00     20060701                          993.07
     48035                          7.7935                             20360601                                                                      358                                               137,000.00      20060701                        1,034.06
     48220                          11.8685                            20360601                                                                      358                                                 70,000.00     20060701                          740.30
     49464                          8.2685                             20360601                                                                      358                                                131,200.00     20060701                        1,034.50
     48021                          8.3185                             20360601                                                                      358                                               125,800.00      20060701                          996.42
     48316                          10.7435                            20260301                                                                      235                                                 47,000.00     20060401                           493.16
     48075                          10.9935                            20260601                                                                      238                                                 28,900.00     20060701                          308.20
     48225                          10.3685                            20260501                                                                      237                                                  16,600.00    20060601                           169.94
     48021                          11.4935                            20260601                                                                      238                                                 32,900.00     20060701                          362.26
     8034                           9.2745                             20360601                                                                      358                                              303,200.00       20060701                         2,611.86
     10462                          8.1435                             20360601                                                                      358                                              309,000.00       20060701                       2,408.87
     30315                          8.6935                             20360601                                                                      358                                                116,000.00     20060701                          889.33
     21214                          10.1435                            20360601                                                                      358                                               150,000.00      20060701                        1,388.96
     8724                           7.5435                             20360601                                                                      358                                              264,000.00       20060701                        1,946.35
     33603                          8.2435                             20360601                                                                      358                                              770,000.00       20060701                       6,057.59
     22079                          10.6935                            20360601                                                                      358                                                 77,800.00     20060701                          752.69
     7865                           7.6185                             20360601                                                                      358                                              349,500.00       20060701                       2,595.03
     31410                          12.4935                            20360601                                                                      358                                                 54,000.00     20060701                          597.35
     11743                          8.1815                             20360601                                                                      358                                               351,200.00      20060701                       2,747.36
     11743                          10.5935                            20360601                                                                      358                                                 87,800.00     20060701                          842.78
     33323                          10.5935                            20360501                                                                      357                                                 68,000.00     20060601                          652.73
     19462                          9.3435                             20360601                                                                      358                                                 45,600.00     20060701                           395.13
     30135                          7.4435                             20360601                                                                      358                                                 84,400.00     20060701                           616.36
     19038                          7.7935                             20360601                                                                      358                                              204,256.00       20060701                         1,541.69
     8322                           10.9435                            20360601                                                                      358                                               100,000.00      20060701                          986.48
     21225                          9.3435                             20360601                                                                      358                                                 55,980.00     20060701                          485.08
     1607                           6.2435                             20360601                                                                      358                                               310,000.00      20060701                        2,010.65
     30274                          7.0935                             20360601                                                                      358                                                 85,600.00     20060701                          604.40
     34761                          10.5435                            20360601                                                                      358                                                 65,800.00     20060701                           629.12
     2886                           11.4935                            20360601                                                                      358                                                 47,200.00     20060701                           485.51
     19355                          6.8185                             20360601                                                                      358                                              240,000.00       20060701                        1,649.45
     33021                          8.2935                             20360601                                                                      358                                              360,000.00       20060701                       2,844.99
     23320                          6.5935                             20360601                                                                      358                                               183,920.00      20060701                        1,236.00
     23320                          11.1935                            20360601                                                                      358                                                 45,980.00     20060701                          462.37
     33066                          8.0435                             20360601                                                                      358                                              303,200.00       20060701                        2,160.30
     10466                          7.1315                             20360601                                                                      358                                              376,000.00       20060701                       2,393.24
     8724                           10.0935                            20360601                                                                      358                                                 66,000.00     20060701                          608.67
     19038                          13.3935                            20360601                                                                      358                                                  51,063.00    20060701                           601.00
     33029                          8.0935                             20360601                                                                      358                                              369,000.00       20060701                       2,863.48
     30135                          10.7935                            20360601                                                                      358                                                   21,100.00   20060701                          205.74
     6511                           10.7435                            20360601                                                                      358                                               174,000.00      20060701                        1,689.99
     10466                          10.7435                            20360601                                                                      358                                                 94,000.00     20060701                           912.99
     17109                          6.4835                             20360601                                                                      358                                                112,500.00     20060701                           747.71
     32811                          8.0935                             20360601                                                                      358                                               136,800.00      20060701                         1,061.58
     30274                          10.9435                            20360601                                                                      358                                                  21,400.00    20060701                              211.11
     18324                          8.4835                             20360701                                                                      359                                               189,600.00      20060801                        1,524.20
     5356                           9.1185                             20360701                                                                      359                                               165,000.00      20060801                        1,352.67
     48221                          9.6935                             20360601                                                                      358                                                 85,300.00     20060701                            761.21
     85301                          8.3935                             20360701                                                                      359                                               150,000.00      20060801                          1,196.16
     85741                          6.3435                             20360501                                                                      357                                               175,000.00      20060601                         1,146.70
     6234                           8.5435                             20360601                                                                      358                                              230,000.00       20060701                         1,858.91
     97206                          7.9435                             20360501                                                                      357                                              226,500.00       20060601                        1,733.57
     95501                          8.1435                             20360601                                                                      358                                              285,000.00       20060701                         2,121.90
     80917                          12.0435                            20210601                                                                      178                                                 38,000.00     20060701                          407.03
     85388                          5.8935                             20360701                                                                      359                                              239,960.00       20060801                        1,387.80
     19803                          8.7435                             20360701                                                                      359                                               251,750.00      20060801                        2,071.09
     30315                          7.9935                             20360601                                                                      358                                               144,000.00      20060701                         1,107.24
     50501                          9.6935                             20360601                                                                      358                                                 76,800.00     20060701                          664.23
     6610                           9.0435                             20360601                                                                      358                                                151,200.00     20060701                        1,276.89
     6610                           11.5435                            20210601                                                                      178                                                 37,800.00     20060701                          390.27
     34613                          8.1435                             20360601                                                                      358                                               312,000.00      20060701                        2,248.19
     34613                          12.7935                            20210601                                                                      178                                                 78,000.00     20060701                            881.16
     76179                          9.4135                             20210601                                                                      178                                                 29,650.00     20060701                          258.45
     78729                          7.4935                             20360601                                                                      358                                               125,900.00      20060701                          875.40
     11422                          9.9435                             20360601                                                                      358                                              449,000.00       20060701                        3,971.92
     70363                          7.5935                             20360601                                                                      358                                               103,000.00      20060701                          762.97
     3103                           8.6935                             20360601                                                                      358                                              303,900.00       20060701                        2,391.06
     89512                          7.3935                             20360601                                                                      358                                               174,000.00      20060701                         1,196.80
     55417                          7.8435                             20360701                                                                      359                                              238,450.00       20060801                        1,659.22
     80524                          8.2985                             20360301                                                                      355                                               176,250.00      20060401                        1,293.23
     30354                          8.5985                             20360601                                                                      358                                               126,000.00      20060701                            982.11
     34288                          8.0685                             20360601                                                                      358                                              234,000.00       20060701                           1,811.71
     30501                          7.4685                             20360601                                                                      358                                              220,000.00       20060701                        1,525.56
     33617                          9.0685                             20360601                                                                      358                                               105,000.00      20060701                          888.65
     47715                          8.1935                             20360601                                                                      358                                                114,590.00     20060701                          897.39
     92551                          8.8185                             20360601                                                                      358                                              355,000.00       20060701                        2,939.81
     33763                          8.2235                             20360601                                                                      358                                               189,200.00      20060701                        1,376.43
     33763                          11.7685                            20210601                                                                      178                                                 47,300.00     20060701                          496.57
     30297                          8.4585                             20360601                                                                      358                                                 97,750.00     20060701                          784.06
     34473                          8.6935                             20360601                                                                      358                                               194,400.00      20060701                        1,529.52
     47842                          8.4435                             20360601                                                                      358                                                 66,320.00     20060701                           531.24
     32703                          8.3685                             20360601                                                                      358                                              265,500.00       20060701                       2,022.45
     30534                          8.0685                             20360601                                                                      358                                                112,400.00     20060701                          870.24
     46310                          11.3685                            20210501                                                                      177                                                  31,000.00    20060601                           315.90
     12192                          9.7435                             20360501                                                                      357                                               102,850.00      20060601                           921.65
     6024                           7.8685                             20360501                                                                      357                                               100,000.00      20060601                          760.08
     6804                           9.2435                             20360601                                                                      358                                              368,000.00       20060701                         3,161.69
     45373                          8.3685                             20360601                                                                      358                                                 90,000.00     20060701                          665.63
     6018                           8.8685                             20360601                                                                      358                                               140,400.00      20060701                         1,167.78
     13440                          11.1185                            20360601                                                                      358                                                  90,100.00    20060701                          900.86
     7206                           10.4935                            20360601                                                                      358                                               397,100.00      20060701                        3,781.68
     6256                           6.8685                             20210501                                                                      177                                               173,000.00      20060601                         1,591.47
     7524                           9.7435                             20360601                                                                      358                                              388,000.00       20060701                       3,476.88
     18466                          9.2435                             20360501                                                                      357                                               123,300.00      20060601                        1,059.34
     45373                          11.8685                            20210601                                                                      178                                                 25,000.00     20060701                          264.40
     6484                           9.3685                             20360601                                                                      358                                               155,000.00      20060701                        1,345.95
     6379                           8.9935                             20360601                                                                      358                                              228,000.00       20060701                          1,917.15
     2907                           8.6185                             20360601                                                                      358                                               162,000.00      20060701                         1,318.09
     34202                          7.6185                             20360601                                                                      358                                              252,000.00       20060701                        1,704.94
     46349                          11.8685                            20210601                                                                      178                                                 25,000.00     20060701                          264.39
     6716                           8.8685                             20360601                                                                      358                                              246,200.00       20060701                       2,047.77
     7107                           10.8685                            20360601                                                                      358                                              280,250.00       20060701                       2,748.60
     45449                          8.9935                             20360601                                                                      358                                                119,700.00     20060701                         1,006.51
     45118                          9.3685                             20360601                                                                      358                                               125,000.00      20060701                        1,085.44
     85254                          7.8685                             20360601                                                                      358                                               153,400.00      20060701                         1,165.96
     2891                           8.6185                             20360601                                                                      358                                               210,000.00      20060701                        1,708.63
     33417                          10.4935                            20360601                                                                      358                                              202,500.00       20060701                        1,856.25
     33713                          7.4835                             20360601                                                                      358                                              275,000.00       20060701                        2,015.94
     37388                          8.2435                             20360601                                                                      358                                               120,000.00      20060701                          875.00
     37388                          8.5035                             20210601                                                                      178                                                 30,000.00     20060701                            241.61
     27610                          8.9935                             20360601                                                                      358                                               106,200.00      20060701                          892.99
     27610                          8.9935                             20360601                                                                      358                                               106,200.00      20060701                          892.99
     33460                          7.9935                             20360601                                                                      358                                               180,000.00      20060701                        1,384.05
     33610                          9.2435                             20360601                                                                      358                                               108,800.00      20060701                          934.77
     32308                          8.4835                             20360601                                                                      358                                               159,000.00      20060701                         1,278.21
     33617                          6.6185                             20360601                                                                      358                                               160,000.00      20060701                        1,077.95
     33467                          9.9935                             20360601                                                                      358                                                118,800.00     20060701                        1,039.50
     60643                          8.9935                             20360601                                                                      358                                                131,750.00     20060701                         1,107.83
     46349                          7.6185                             20360601                                                                      358                                                 80,000.00     20060701                          594.00
     8733                           9.4835                             20360601                                                                      358                                               155,000.00      20060701                         1,359.10
     8757                           10.2435                            20360601                                                                      358                                               120,000.00      20060701                          1,120.18
     12801                          7.8685                             20360501                                                                      357                                               136,500.00      20060601                        1,037.50
     32209                          7.4935                             20360601                                                                      358                                                 62,250.00     20060701                          456.77
     33777                          7.9935                             20360601                                                                      358                                               102,000.00      20060701                          784.30
     30019                          8.9935                             20360601                                                                      358                                                179,100.00     20060701                         1,417.87
     30188                          7.3685                             20360601                                                                      358                                               152,000.00      20060701                          997.50
     92220                          10.7435                            20360601                                                                      358                                              323,000.00       20060701                         3,137.18
     92530                          7.3685                             20360601                                                                      358                                              260,000.00       20060701                         1,885.19
     85373                          8.9935                             20360501                                                                      357                                              200,000.00       20060601                          1,681.71
     19320                          9.6185                             20360601                                                                      358                                               160,000.00      20060701                        1,350.00
     40118                          9.3435                             20360601                                                                      358                                               120,000.00      20060701                         1,039.81
     93647                          7.2435                             20360701                                                                      359                                               160,000.00      20060801                         1,146.26
     40118                          12.6935                            20360601                                                                      358                                                 30,000.00     20060701                          336.56
     53143                          10.4835                            20360701                                                                      359                                               172,000.00      20060801                        1,636.70
     43219                          9.7535                             20360701                                                                      359                                               103,500.00      20060801                          928.23
     18104                          8.1435                             20360701                                                                      359                                               152,800.00      20060801                           1,191.19
     95838                          8.4435                             20360701                                                                      359                                              205,000.00       20060801                        1,573.40
     21224                          7.3935                             20360601                                                                      358                                                 95,000.00     20060701                          690.47
     84119                          7.7735                             20360701                                                                      359                                               167,400.00      20060801                          1,261.15
     98205                          7.2685                             20360701                                                                      359                                               231,500.00      20060801                        1,499.93
     30233                          10.8685                            20210101                                                                      173                                                  31,600.00    20060201                          309.92
     77662                          9.2435                             20360401                                                                      356                                                 53,500.00     20060501                          459.65
     37363                          8.4035                             20210301                                                                      175                                                 23,200.00     20060401                            185.17
     66048                          11.3685                            20260501                                                                      237                                                 46,750.00     20060601                           510.69
     24266                          8.9935                             20210401                                                                      176                                                 40,000.00     20060501                          336.34
     33025                          8.2435                             20360501                                                                      357                                               315,000.00      20060601                         2,478.11
     76002                          9.1335                             20210501                                                                      177                                                 40,253.00     20060601                          342.59
     76063                          6.7435                             20360501                                                                      357                                               153,000.00      20060601                        1,043.73
     93313                          5.9935                             20360501                                                                      357                                              200,000.00       20060601                         1,264.14
     89502                          10.3685                            20210501                                                                      177                                                 74,500.00     20060601                          702.45
     47933                          8.9935                             20360501                                                                      357                                                 96,750.00     20060601                           813.53
     47933                          8.9935                             20360501                                                                      357                                                 96,750.00     20060601                           813.53
     44135                          10.2435                            20210401                                                                      176                                                 50,750.00     20060501                          473.74
     63122                          9.1185                             20210601                                                                      178                                                 55,000.00     20060701                          467.49
     23607                          11.1185                            20260601                                                                      238                                                 70,000.00     20060701                          752.54
     92256                          9.9935                             20260601                                                                      238                                                 70,000.00     20060701                          698.87
     75424                          9.2435                             20210501                                                                      177                                                 50,000.00     20060601                          529.68
     19143                          7.2435                             20260501                                                                      237                                               104,000.00      20060601                          853.79
     85016                          6.4835                             20360601                                                                      358                                              339,680.00       20060701                       2,257.62
     98270                          11.4935                            20210501                                                                      177                                                 35,000.00     20060601                           360.01
     37912                          10.6185                            20210501                                                                      177                                                 27,600.00     20060601                           315.87
     30004                          9.3685                             20210501                                                                      177                                              200,000.00       20060601                        2,133.94
     33916                          7.8685                             20360601                                                                      358                                               108,000.00      20060701                          820.88
     32578                          7.2435                             20360601                                                                      358                                               137,600.00      20060701                          985.78
     85218                          6.6185                             20360501                                                                      357                                              355,500.00       20060601                       2,395.07
     34761                          6.7435                             20360601                                                                      358                                               148,000.00      20060701                        1,009.62
     28146                          7.3685                             20260601                                                                      238                                               123,250.00      20060701                         1,021.34
     2905                           8.3685                             20360601                                                                      358                                               199,000.00      20060701                        1,583.33
     77657                          7.8685                             20360601                                                                      358                                                 64,000.00     20060701                          486.45
     18052                          7.2435                             20360601                                                                      358                                               185,750.00      20060701                        1,330.74
     60443                          9.3685                             20260601                                                                      238                                                  91,000.00    20060701                          870.65
     20155                          7.1185                             20360601                                                                      358                                              550,000.00       20060701                       3,494.79
     24558                          8.8685                             20360601                                                                      358                                               124,000.00      20060701                         1,031.37
     17320                          7.7435                             20360601                                                                      358                                              255,000.00       20060701                         1,915.73
     60513                          10.8685                            20210601                                                                      178                                                 62,000.00     20060701                          608.07
     75013                          9.0935                             20210601                                                                      178                                                 46,425.00     20060701                          393.76
     34731                          6.9935                             20360501                                                                      357                                               213,000.00      20060601                        1,489.33
     23234                          7.6185                             20360601                                                                      358                                               160,000.00      20060701                         1,188.00
     23502                          6.3685                             20360601                                                                      358                                               165,000.00      20060701                        1,083.93
     46227                          6.9935                             20360601                                                                      358                                                117,000.00     20060701                           818.08
     33322                          8.4935                             20360601                                                                      358                                               210,000.00      20060701                         1,689.71
     23220                          7.1185                             20360601                                                                      358                                              255,000.00       20060701                        1,804.87
     33843                          5.9935                             20360601                                                                      358                                               133,000.00      20060701                          840.65
     49220                          7.8685                             20360601                                                                      358                                               185,000.00      20060701                         1,406.13
     94565                          7.1185                             20360601                                                                      358                                              344,000.00       20060701                        2,434.81
     60440                          10.2435                            20210601                                                                      178                                                 57,400.00     20060701                          535.82
     78619                          7.2435                             20360601                                                                      358                                               100,000.00      20060701                            716.41
     49660                          7.3685                             20360601                                                                      358                                                 94,775.00     20060701                           687.18
     30315                          7.6185                             20360601                                                                      358                                                116,000.00     20060701                           861.30
     33510                          5.3685                             20360601                                                                      358                                               165,000.00      20060701                          976.04
     65020                          7.3685                             20360601                                                                      358                                                 69,500.00     20060701                          503.92
     46060                          6.1185                             20360601                                                                      358                                               150,400.00      20060701                          963.03
     43332                          7.7435                             20260601                                                                      238                                                 55,000.00     20060701                          468.64
     85938                          8.8685                             20360601                                                                      358                                                 76,000.00     20060701                           632.13
     34120                          6.8685                             20360601                                                                      358                                               231,000.00      20060701                        1,595.46
     32244                          8.7435                             20360601                                                                      358                                                113,200.00     20060701                           931.27
     46226                          8.2435                             20360601                                                                      358                                                 68,000.00     20060701                          534.96
     63857                          7.8685                             20360601                                                                      358                                                  81,600.00    20060701                          620.22
     32514                          7.6185                             20360601                                                                      358                                                 78,750.00     20060701                          584.72
     40026                          8.4835                             20360601                                                                      358                                              253,000.00       20060701                       2,033.88
     89129                          9.3685                             20260601                                                                      238                                                 66,000.00     20060701                           631.46
     34787                          5.6185                             20360601                                                                      358                                               162,000.00      20060701                          984.33
     32817                          8.8685                             20210601                                                                      178                                                 72,000.00     20060701                          598.86
     48185                          12.8685                            20210601                                                                      178                                                 20,200.00     20060701                          229.39
     17109                          7.4935                             20360601                                                                      358                                               166,500.00      20060701                         1,221.72
     49315                          7.3685                             20360601                                                                      358                                                101,600.00     20060701                          736.67
     48030                          7.8685                             20360601                                                                      358                                                112,000.00     20060701                           851.28
     66502                          6.6185                             20360601                                                                      358                                               103,000.00      20060701                          693.93
     89431                          7.9935                             20360601                                                                      358                                              225,250.00       20060701                         1,731.98
     60534                          7.3685                             20360601                                                                      358                                                 111,920.00    20060701                            811.50
     15767                          8.2435                             20360601                                                                      358                                                  62,100.00    20060701                          488.54
     22968                          6.9935                             20360601                                                                      358                                               103,500.00      20060701                          723.69
     87575                          6.6185                             20360601                                                                      358                                               125,000.00      20060701                           842.15
     46064                          7.4935                             20210601                                                                      178                                                 65,000.00     20060701                            621.17
     33023                          6.8685                             20360601                                                                      358                                               152,000.00      20060701                        1,049.83
     33611                          6.2435                             20360601                                                                      358                                               188,000.00      20060701                        1,055.89
     46107                          7.9935                             20360601                                                                      358                                                 83,300.00     20060701                          640.50
     19601                          9.2435                             20360601                                                                      358                                                 52,500.00     20060701                           451.06
     67147                          8.8685                             20360601                                                                      358                                               318,250.00      20060701                       2,647.04
     61616                          8.6185                             20360601                                                                      358                                                 55,920.00     20060701                          454.98
     46062                          7.8685                             20360601                                                                      358                                               120,000.00      20060701                          837.50
     46721                          9.3685                             20360601                                                                      358                                                 53,600.00     20060701                          465.43
     33761                          8.9935                             20360601                                                                      358                                              332,880.00       20060701                       2,799.04
     32244                          7.8685                             20360601                                                                      358                                               100,800.00      20060701                           766.15
     28139                          8.4935                             20360601                                                                      358                                                 72,400.00     20060701                          582.55
     78258                          8.8685                             20360601                                                                      358                                               172,500.00      20060701                        1,434.77
     18346                          7.1185                             20360601                                                                      358                                               100,000.00      20060701                          707.79
     30655                          7.5685                             20360601                                                                      358                                               106,320.00      20060701                          785.70
     34769                          9.3685                             20210601                                                                      178                                                 50,000.00     20060701                          533.49
     23601                          8.3685                             20360601                                                                      358                                               194,400.00      20060701                        1,546.73
     50316                          10.7435                            20360601                                                                      358                                                 69,750.00     20060701                          677.45
     34668                          6.3685                             20360601                                                                      358                                                118,000.00     20060701                           775.18
     33702                          7.7435                             20360601                                                                      358                                               155,000.00      20060701                         1,164.46
     60115                          7.2435                             20360601                                                                      358                                              293,000.00       20060701                       2,099.09
     48116                          7.9935                             20360601                                                                      358                                               210,000.00      20060701                         1,614.72
     89115                          7.7435                             20360601                                                                      358                                                 87,200.00     20060701                           655.10
     49461                          7.2435                             20360601                                                                      358                                                 94,775.00     20060701                          678.98
     33169                          7.4935                             20360601                                                                      358                                              430,000.00       20060701                         3,155.19
     60612                          10.8685                            20210601                                                                      178                                                  56,160.00    20060701                          550.80
     32117                          7.6185                             20360601                                                                      358                                                 55,000.00     20060701                          408.37
     32206                          10.3685                            20360601                                                                      358                                                 72,250.00     20060701                           681.24
     64050                          11.8685                            20210601                                                                      178                                                 33,800.00     20060701                          357.46
     53209                          8.9935                             20360601                                                                      358                                               104,000.00      20060701                          874.49
     1602                           8.6185                             20360601                                                                      358                                                 50,000.00     20060701                          406.82
     48219                          6.8685                             20360601                                                                      358                                               130,000.00      20060701                          798.96
     37075                          8.2435                             20260601                                                                      238                                               107,500.00      20060701                          949.99
     38017                          6.4835                             20360601                                                                      358                                               157,600.00      20060701                        1,047.46
     46229                          7.6185                             20360601                                                                      358                                               104,400.00      20060701                           775.17
     60532                          6.2435                             20360601                                                                      358                                               174,500.00      20060701                          1,131.80
     38017                          8.5035                             20210601                                                                      178                                                 39,400.00     20060701                           317.30
     19026                          7.6185                             20360601                                                                      358                                                 70,000.00     20060701                           519.75
     33881                          8.7435                             20260601                                                                      238                                                 50,000.00     20060701                          457.93
     88005                          11.4935                            20210601                                                                      178                                                 36,000.00     20060701                          370.30
     48240                          9.1185                             20360601                                                                      358                                                101,650.00     20060701                           864.01
     60450                          7.1185                             20360601                                                                      358                                               138,000.00      20060701                          976.76
     49660                          12.1185                            20210601                                                                      178                                                  16,725.00    20060701                            180.12
     75010                          10.1935                            20210601                                                                      178                                                 47,600.00     20060701                          442.55
     33880                          7.3685                             20360601                                                                      358                                               100,000.00      20060701                          656.25
     6109                           6.9935                             20360601                                                                      358                                               150,000.00      20060701                        1,048.82
     49461                          11.2435                            20210601                                                                      178                                                  16,725.00    20060701                           168.82
     75009                          10.9935                            20210601                                                                      178                                                  51,050.00    20060701                          505.54
     89506                          7.2435                             20360601                                                                      358                                              360,000.00       20060701                       2,579.08
     84078                          7.7435                             20360601                                                                      358                                               103,500.00      20060701                          777.56
     23462                          8.4935                             20360601                                                                      358                                               155,000.00      20060701                         1,247.17
     38115                          8.4835                             20360601                                                                      358                                                 79,200.00     20060701                          636.69
     33712                          8.2435                             20360601                                                                      358                                              234,000.00       20060701                        1,840.88
     37013                          8.1185                             20360601                                                                      358                                               103,920.00      20060701                          808.28
     37013                          8.5035                             20210601                                                                      178                                                 25,980.00     20060701                          209.23
     22191                          8.9935                             20210601                                                                      178                                                 66,000.00     20060701                          554.96
     46201                          8.1185                             20360601                                                                      358                                                 79,200.00     20060701                            616.01
     84109                          7.4835                             20360601                                                                      358                                              232,000.00       20060701                        1,544.73
     76063                          10.1935                            20210601                                                                      178                                                 48,250.00     20060701                          448.59
     34482                          9.5435                             20360501                                                                      357                                               140,000.00      20060601                        1,233.78
     45891                          11.1435                            20360501                                                                      357                                                 98,000.00     20060601                           981.72
     47804                          10.6935                            20360601                                                                      358                                                 90,000.00     20060701                          870.72
     2860                           9.7335                             20360501                                                                      357                                              267,000.00       20060601                        2,390.61
     28269                          10.8935                            20360501                                                                      357                                                121,000.00     20060601                         1,189.03
     46563                          10.1935                            20360601                                                                      358                                               138,000.00      20060701                        1,283.02
     40509                          11.6935                            20360601                                                                      358                                                 77,900.00     20060701                           813.30
     63138                          10.8935                            20360501                                                                      357                                                 86,000.00     20060601                           845.10
     47630                          6.8935                             20360601                                                                      358                                              443,445.00       20060701                       3,070.32
     44657                          11.8935                            20360601                                                                      358                                                 69,000.00     20060701                           731.06
     32808                          7.3935                             20360601                                                                      358                                               120,000.00      20060701                          790.00
     32808                          10.9835                            20210601                                                                      178                                                 30,000.00     20060701                          296.86
     67217                          10.8935                            20360601                                                                      358                                               103,500.00      20060701                         1,017.06
     46236                          9.0935                             20360601                                                                      358                                               145,000.00      20060701                        1,229.83
     32926                          10.6935                            20360601                                                                      358                                               140,000.00      20060701                        1,354.45
     32233                          8.1935                             20360601                                                                      358                                                 89,700.00     20060701                          702.47
     47130                          11.1935                            20360601                                                                      358                                                 95,000.00     20060701                          955.30
     33614                          9.3435                             20360601                                                                      358                                               107,000.00      20060701                           927.16
     64118                          8.0935                             20360601                                                                      358                                               102,000.00      20060701                           791.53
     15210                          11.1185                            20360701                                                                      359                                                  64,175.00    20060801                           641.65
     19103                          7.7435                             20360701                                                                      359                                              480,000.00       20060801                       3,606.08
     98168                          7.6735                             20360701                                                                      359                                              245,000.00       20060801                        1,828.56
     97301                          8.2035                             20360701                                                                      359                                               224,910.00      20060801                        1,762.95
     49509                          8.1685                             20360701                                                                      359                                               174,400.00      20060801                        1,362.67
     33615                          9.6685                             20360701                                                                      359                                               124,000.00      20060801                         1,104.26
     17403                          9.4935                             20360301                                                                      355                                               108,750.00      20060401                          954.36
     1247                           11.3685                            20360601                                                                      358                                                 67,500.00     20060701                          687.83
     46750                          8.8685                             20360601                                                                      358                                               139,500.00      20060701                         1,160.29
     49057                          7.3685                             20360401                                                                      356                                              425,000.00       20060501                        3,081.54
     89115                          6.9935                             20360501                                                                      357                                               172,000.00      20060601                        1,075.00
     17112                          8.7435                             20360601                                                                      358                                                 118,150.00    20060701                           971.99
     46217                          8.4885                             20360601                                                                      358                                               100,605.00      20060701                           809.13
     29621                          10.3685                            20360501                                                                      357                                                 53,000.00     20060601                          499.73
     19023                          7.9935                             20360601                                                                      358                                                152,150.00     20060701                         1,169.90
     24421                          7.7435                             20360601                                                                      358                                              240,750.00       20060701                         1,655.16
     30179                          7.8685                             20360501                                                                      357                                               140,000.00      20060601                          977.08
     32548                          8.6185                             20360601                                                                      358                                              207,000.00       20060701                        1,684.22
     92570                          8.1185                             20360501                                                                      357                                              402,000.00       20060601                       2,889.38
     89030                          7.4835                             20360501                                                                      357                                               148,000.00      20060601                        1,084.94
     60010                          9.4935                             20360601                                                                      358                                              350,000.00       20060701                        2,916.67
     48064                          8.1185                             20360501                                                                      357                                              205,000.00       20060601                        1,473.44
     85032                          6.8685                             20360501                                                                      357                                               164,500.00      20060601                         1,010.99
     46220                          7.8685                             20360601                                                                      358                                                112,500.00     20060701                          855.08
     23605                          5.9935                             20360601                                                                      358                                               100,000.00      20060701                           541.67
     95831                          9.3685                             20360601                                                                      358                                               410,000.00      20060701                       3,560.23
     49078                          8.3685                             20360601                                                                      358                                                115,700.00     20060701                          920.56
     19026                          9.6185                             20360601                                                                      358                                                171,955.00     20060701                        1,524.94
     49690                          9.4835                             20360501                                                                      357                                               128,000.00      20060601                        1,065.60
     46970                          9.2435                             20360601                                                                      358                                               102,600.00      20060701                           881.49
     85621                          8.2435                             20360601                                                                      358                                                 84,000.00     20060701                          660.83
     60513                          7.2435                             20360601                                                                      358                                              248,000.00       20060701                         1,601.66
     92602                          7.1185                             20360601                                                                      358                                              600,000.00       20060701                        3,812.50
     47403                          9.3685                             20360601                                                                      358                                                 84,600.00     20060701                          734.62
      AZ                            8.7435                             20360601                                                                      358                                              236,000.00       20060701                          1,941.51
     48504                          9.8685                             20360601                                                                      358                                                 50,000.00     20060701                          452.70
     67213                          7.2435                             20360601                                                                      358                                                 69,700.00     20060701                          499.34
     32218                          8.4935                             20360601                                                                      358                                                115,600.00     20060701                           930.14
     33026                          6.3685                             20360601                                                                      358                                              203,200.00       20060701                          1,164.17
     49091                          10.1185                            20360601                                                                      358                                                 65,000.00     20060701                          600.66
     45238                          9.6185                             20360601                                                                      358                                                 86,046.00     20060701                          763.08
     34481                          6.8665                             20360601                                                                      358                                                121,600.00     20060701                           747.13
     19149                          8.7435                             20360601                                                                      358                                                112,030.00     20060701                           921.64
     37920                          9.9935                             20360601                                                                      358                                                 80,820.00     20060701                          739.29
     32177                          9.9935                             20360601                                                                      358                                                 88,825.00     20060701                           812.52
     28805                          7.4835                             20360601                                                                      358                                                112,000.00     20060701                           821.04
     45231                          8.6185                             20360601                                                                      358                                                 80,000.00     20060701                          608.33
     18505                          9.3685                             20360601                                                                      358                                                 97,750.00     20060701                           848.81
     29680                          9.4835                             20360601                                                                      358                                               104,500.00      20060701                           916.29
     37129                          9.1935                             20360501                                                                      357                                                 93,960.00     20060601                           803.81
     49004                          8.7435                             20360601                                                                      358                                                 97,200.00     20060701                          799.64
     48442                          9.4835                             20360601                                                                      358                                               167,000.00      20060701                         1,464.31
     49022                          6.4835                             20360601                                                                      358                                               130,000.00      20060701                          864.02
     46617                          9.3685                             20360601                                                                      358                                                 60,300.00     20060701                           523.61
     94565                          8.9935                             20360601                                                                      358                                              399,500.00       20060701                         3,162.71
     84084                          9.1185                             20360601                                                                      358                                               157,500.00      20060701                        1,338.73
     1109                           9.2435                             20360601                                                                      358                                                 85,000.00     20060701                          730.28
     85027                          6.8685                             20360601                                                                      358                                               210,400.00      20060701                        1,292.83
     60624                          8.9935                             20360601                                                                      358                                              240,000.00       20060701                        2,018.05
     49417                          6.9935                             20360601                                                                      358                                               137,000.00      20060701                          856.25
     48504                          8.9935                             20360601                                                                      358                                                  51,000.00    20060701                          428.84
     85302                          9.2435                             20360601                                                                      358                                               319,500.00      20060701                       2,745.00
     46123                          7.8935                             20360601                                                                      358                                              202,900.00       20060701                        1,420.30
     48101                          9.1185                             20360601                                                                      358                                               126,650.00      20060701                         1,076.51
     32725                          7.8685                             20360601                                                                      358                                                 63,000.00     20060701                          478.85
     89506                          7.2435                             20360601                                                                      358                                              270,000.00       20060701                         1,743.71
     50561                          11.3685                            20360601                                                                      358                                                 55,000.00     20060701                          560.45
     60452                          9.2435                             20360601                                                                      358                                                110,000.00     20060701                          945.07
     48180                          7.4935                             20360601                                                                      358                                               138,000.00      20060701                          920.00
     53511                          8.7435                             20360601                                                                      358                                                  76,415.00    20060701                          628.65
     61065                          10.7435                            20360601                                                                      358                                               126,825.00      20060701                         1,231.80
     48912                          9.6185                             20360601                                                                      358                                                  74,100.00    20060701                           657.14
     80219                          6.7435                             20360601                                                                      358                                               142,400.00      20060701                           971.42
     6108                           10.6185                            20360601                                                                      358                                               109,800.00      20060701                        1,056.04
     85339                          8.8685                             20360601                                                                      358                                              232,200.00       20060701                         1,931.32
     67216                          7.4835                             20360601                                                                      358                                                  81,700.00    20060701                          598.92
     49015                          10.4835                            20360601                                                                      358                                                 87,200.00     20060701                          829.77
     80216                          9.2435                             20360601                                                                      358                                               132,000.00      20060701                         1,134.08
     48035                          8.1185                             20360601                                                                      358                                                117,000.00     20060701                            910.01
     41015                          6.2435                             20360601                                                                      358                                                 94,000.00     20060701                          609.68
     31805                          9.3685                             20360601                                                                      358                                                 93,500.00     20060701                             811.91
     61412                          7.9935                             20360601                                                                      358                                                 68,900.00     20060701                          529.78
     95348                          7.4935                             20360601                                                                      358                                              280,455.00       20060701                        1,869.70
     3442                           7.1185                             20360701                                                                      359                                                 96,000.00     20060801                          679.49
     55014                          8.2685                             20360701                                                                      359                                               156,750.00      20060801                        1,235.96
     33936                          7.6435                             20360701                                                                      359                                               221,000.00      20060801                        1,500.96
     33319                          8.9435                             20360701                                                                      359                                              308,000.00       20060801                        2,483.01
     33319                          11.4935                            20210701                                                                      179                                                 77,000.00     20060801                           924.13
     30127                          9.1385                             20360601                                                                      358                                                 94,000.00     20060701                          755.53
     30291                          10.3935                            20360601                                                                      358                                               109,250.00      20060701                         1,032.17
     30127                          8.3535                             20360601                                                                      358                                               126,000.00      20060701                          1,001.16
     30067                          9.1735                             20360601                                                                      358                                               136,840.00      20060701                         1,103.84
     36110                          10.1435                            20360701                                                                      359                                                 70,775.00     20060801                          655.36
     30011                          7.4935                             20360701                                                                      359                                              334,800.00       20060801                       2,456.64
     55412                          7.5685                             20360701                                                                      359                                               149,850.00      20060801                         1,107.40
     22192                          8.1185                             20360701                                                                      359                                              280,000.00       20060801                         2,012.51
     55122                          7.5685                             20360701                                                                      359                                              208,000.00       20060801                        1,457.97
     23503                          8.8685                             20360701                                                                      359                                               160,000.00      20060801                        1,280.56
     19428                          6.9935                             20360701                                                                      359                                               210,000.00      20060801                         1,381.95
     22191                          6.9935                             20360701                                                                      359                                              240,000.00       20060801                        1,500.00
     89108                          6.5435                             20360701                                                                      359                                                115,500.00     20060801                           772.31
     20707                          7.6185                             20360701                                                                      359                                              333,000.00       20060801                       2,346.69
     89108                          6.7435                             20360701                                                                      359                                              233,750.00       20060801                        1,495.23
     92308                          7.4835                             20360701                                                                      359                                              283,500.00       20060801                       2,078.25
     33065                          7.9435                             20360301                                                                      355                                               317,250.00      20060401                       2,229.92
     92504                          8.4835                             20360701                                                                      359                                              323,000.00       20060801                        2,489.01
     84067                          9.4235                             20360701                                                                      359                                               123,250.00      20060801                        1,075.24
     19960                          9.8185                             20360701                                                                      359                                               179,900.00      20060801                         1,622.13
     98335                          7.4435                             20360601                                                                      358                                               412,000.00      20060701                       2,849.24
     90250                          7.0935                             20360501                                                                      357                                              436,000.00       20060601                       3,078.49
     77379                          7.3935                             20360601                                                                      358                                              479,200.00       20060701                       3,296.03
     48118                          8.3935                             20360601                                                                      358                                              207,000.00       20060701                        1,580.80
     43204                          8.7235                             20360601                                                                      358                                                  71,200.00    20060701                           561.85
     43537                          8.4835                             20360601                                                                      358                                               164,900.00      20060701                         1,270.71
     44312                          7.4835                             20360601                                                                      358                                                112,000.00     20060701                           821.04
     43228                          6.9935                             20360701                                                                      359                                                117,600.00     20060801                          822.28
     33023                          9.6185                             20360701                                                                      359                                               137,500.00      20060801                          1,181.09
     45879                          8.4835                             20360701                                                                      359                                                  73,100.00    20060801                          587.65
     32818                          7.4435                             20360701                                                                      359                                              229,900.00       20060801                        1,589.90
     33014                          9.1435                             20360701                                                                      359                                              403,750.00       20060801                       3,439.22
     17038                          9.9935                             20201001                                                                      170                                                 33,532.00     20051101                          306.73
     38134                          10.4835                            20201001                                                                      170                                                   17,100.00   20051101                           162.72
     70506                          10.7435                            20201001                                                                      170                                                  20,100.00    20051101                           195.22
     77070                          9.2435                             20201101                                                                      171                                                  17,800.00    20051201                           152.93
     17113                          10.7435                            20201101                                                                      171                                                  19,980.00    20051201                           194.06
     91354                          11.3685                            20210401                                                                      176                                                 69,000.00     20060501                            703.11
     11236                          8.8135                             20360501                                                                      357                                              434,000.00       20060601                       3,592.45
     10469                          8.7935                             20360401                                                                      356                                              396,000.00       20060501                       3,068.43
     60626                          11.2435                            20210401                                                                      176                                                 30,000.00     20060501                          302.82
     27406                          12.2435                            20210301                                                                      175                                                 30,657.00     20060401                           333.15
     22936                          8.7935                             20360401                                                                      356                                              570,350.00       20060501                         4,712.81
     46408                          9.9935                             20360501                                                                      357                                                 58,000.00     20060601                          507.50
     63771                          9.8435                             20360401                                                                      356                                                 58,750.00     20060501                          530.83
     63366                          8.9935                             20360301                                                                      355                                               125,000.00      20060401                          989.58
     36116                          13.9935                            20210401                                                                      176                                                 25,000.00     20060501                           306.14
     28747                          10.7935                            20360601                                                                      358                                               178,500.00      20060701                        1,740.48
     45381                          10.7435                            20210401                                                                      176                                                  17,300.00    20060501                           168.03
     29118                          9.1435                             20360601                                                                      358                                               104,550.00      20060701                          890.58
     17402                          7.9935                             20360401                                                                      356                                               123,000.00      20060501                          945.76
     83704                          11.9935                            20210501                                                                      177                                                  14,250.00    20060601                           152.08
     2909                           8.1435                             20360401                                                                      356                                              204,000.00       20060501                        1,590.32
     33919                          7.5185                             20360401                                                                      356                                               138,800.00      20060501                        1,020.89
     33919                          13.3685                            20210401                                                                      176                                                 34,700.00     20060501                          407.72
     46350                          11.2435                            20210501                                                                      177                                                 22,780.00     20060601                          229.94
     74017                          8.3935                             20360401                                                                      356                                                 89,000.00     20060501                          709.72
     21230                          9.1185                             20360501                                                                      357                                               156,800.00      20060601                        1,257.67
     90032                          8.2935                             20360601                                                                      358                                               210,000.00      20060701                        1,659.58
     46350                          10.0885                            20210501                                                                      177                                                 38,400.00     20060601                          353.99
     54901                          12.3935                            20210501                                                                      177                                                 92,000.00     20060601                         1,010.52
     92335                          8.4435                             20360401                                                                      356                                                191,000.00     20060501                        1,424.54
     18466                          10.5935                            20360401                                                                      356                                               105,678.00      20060501                         1,014.39
     98277                          7.8185                             20360501                                                                      357                                              304,000.00       20060601                       2,299.90
     48043                          9.3435                             20360501                                                                      357                                                112,500.00     20060601                          974.82
     48023                          7.2435                             20360501                                                                      357                                              405,000.00       20060601                        2,901.47
     28269                          9.7435                             20360601                                                                      358                                              235,350.00       20060701                        2,010.28
     8009                           7.2435                             20360501                                                                      357                                              249,000.00       20060601                        1,783.87
     1376                           7.9935                             20360601                                                                      358                                               128,350.00      20060701                          986.90
     45714                          10.3685                            20210501                                                                      177                                                  17,600.00    20060601                           165.95
     33907                          8.3185                             20360401                                                                      356                                                110,000.00     20060501                           871.27
     48314                          9.0685                             20360501                                                                      357                                              300,000.00       20060601                       2,539.00
     30127                          11.5635                            20210501                                                                      177                                                 32,380.00     20060601                           334.81
     78223                          9.8185                             20360501                                                                      357                                                 85,500.00     20060601                          770.94
     78223                          8.9935                             20360501                                                                      357                                                 85,500.00     20060601                           718.93
     45840                          7.3235                             20360601                                                                      358                                                116,000.00     20060701                          837.46
     19541                          9.1435                             20360601                                                                      358                                               157,500.00      20060701                         1,341.62
     65802                          10.4835                            20360601                                                                      358                                                 54,000.00     20060701                           513.85
     32305                          9.3185                             20360601                                                                      358                                               132,000.00      20060701                        1,080.75
     32305                          14.7435                            20210601                                                                      178                                                 33,000.00     20060701                          423.87
     55057                          9.4435                             20360601                                                                      358                                               142,000.00      20060701                         1,240.91
     28025                          8.8435                             20360601                                                                      358                                                121,950.00     20060701                          1,012.10
     65714                          8.6935                             20360501                                                                      357                                               173,600.00      20060601                         1,421.88
     60490                          8.4835                             20210601                                                                      178                                                 60,000.00     20060701                          482.34
     60557                          5.4935                             20210601                                                                      178                                                 27,000.00     20060701                            161.88
     85242                          8.4935                             20360601                                                                      358                                              255,000.00       20060701                        2,051.79
     49286                          9.2935                             20360601                                                                      358                                                151,050.00     20060701                        1,303.30
     65714                          8.4435                             20360601                                                                      358                                               172,800.00      20060701                        1,288.80
     28215                          7.9835                             20360601                                                                      358                                                 88,868.00     20060701                          628.74
     49330                          7.4835                             20360601                                                                      358                                                 94,400.00     20060701                          628.55
     63114                          8.9565                             20360601                                                                      358                                               100,000.00      20060701                           838.16
     28215                          11.9935                            20210601                                                                      178                                                  22,217.00    20060701                            237.11
     93277                          6.9935                             20360701                                                                      359                                                181,000.00     20060801                            1,191.11
     92377                          8.9435                             20360701                                                                      359                                              330,000.00       20060801                       2,598.75
     97462                          7.4835                             20360701                                                                      359                                               106,250.00      20060801                          778.88
     23223                          8.2435                             20360701                                                                      359                                                110,400.00     20060801                          868.52
     20784                          8.2935                             20360401                                                                      356                                               195,500.00      20060501                        1,477.98
     21202                          9.0435                             20360501                                                                      357                                                 50,400.00     20060601                          425.63
     20772                          6.8935                             20360401                                                                      356                                               170,000.00      20060501                          1,106.18
     22192                          9.1135                             20360401                                                                      356                                              282,000.00       20060501                        2,310.73
     22031                          7.6985                             20360501                                                                      357                                              220,000.00       20060601                        1,504.25
     21225                          9.4835                             20360401                                                                      356                                                 78,300.00     20060501                          686.56
     23832                          10.4135                            20360501                                                                      357                                               162,000.00      20060601                         1,493.51
     85335                          9.2435                             20360701                                                                      359                                               150,200.00      20060801                        1,220.37
     55744                          8.3435                             20360701                                                                      359                                               198,000.00      20060801                         1,571.83
     91405                          8.6435                             20360601                                                                      358                                              328,000.00       20060701                       2,674.64
     91405                          10.7435                            20210601                                                                      178                                                 82,000.00     20060701                          796.43
     93703                          8.4935                             20360701                                                                      359                                              234,000.00       20060801                        1,804.99
     90605                          6.6935                             20360601                                                                      358                                              357,500.00       20060701                       2,273.74
     89086                          8.9435                             20360601                                                                      358                                               305,100.00      20060701                       2,459.64
     93720                          10.6435                            20360601                                                                      358                                              285,000.00       20060701                       2,679.75
     92801                          5.8435                             20360601                                                                      358                                              548,000.00       20060701                       2,899.83
     92880                          7.7435                             20360701                                                                      359                                              544,000.00       20060801                       3,884.92
     92880                          11.5435                            20210701                                                                      179                                               136,000.00      20060801                         1,404.15
     93657                          7.9435                             20360601                                                                      358                                              204,000.00       20060701                         1,561.36
     93657                          10.7435                            20210601                                                                      178                                                  51,000.00    20060701                          495.34
     90601                          8.8435                             20360601                                                                      358                                               510,000.00      20060701                        4,071.89
     92240                          11.6935                            20210401                                                                      176                                                 48,800.00     20060501                          509.49
     92203                          7.4085                             20360501                                                                      357                                              332,792.00       20060601                       2,292.74
     92203                          11.2435                            20210501                                                                      177                                                  83,198.00    20060601                           839.81
     91042                          5.9935                             20360501                                                                      357                                              400,000.00       20060601                       2,528.27
     91401                          7.4935                             20360601                                                                      358                                              460,000.00       20060701                        3,198.43
     91401                          10.8435                            20210601                                                                      178                                                115,000.00     20060701                         1,125.69
     92833                          6.6935                             20360601                                                                      358                                              220,000.00       20060701                        1,320.00
     99206                          9.2935                             20260101                                                                      233                                                 22,556.00     20060201                           214.92
     92879                          6.1935                             20360301                                                                      355                                              360,000.00       20060401                       2,323.00
     33462                          7.7435                             20360701                                                                      359                                               221,000.00      20060801                        1,660.30
     23223                          8.8935                             20360701                                                                      359                                                 83,400.00     20060801                          695.20
     53220                          9.4835                             20360601                                                                      358                                               152,000.00      20060701                        1,332.79
     92411                          7.1185                             20360701                                                                      359                                              250,000.00       20060801                        1,588.54
     46031                          8.5285                             20360701                                                                      359                                                 89,600.00     20060801                          723.20
     89120                          8.7185                             20360701                                                                      359                                               194,750.00      20060801                         1,497.14
     46224                          8.2335                             20360701                                                                      359                                                 80,000.00     20060801                          628.79
     95973                          9.5435                             20360701                                                                      359                                              400,000.00       20060801                       3,525.07
     31904                          10.2935                            20360701                                                                      359                                                  51,500.00    20060801                          482.68
     56007                          9.2935                             20360701                                                                      359                                               104,800.00      20060801                          904.25
     33185                          7.7435                             20360701                                                                      359                                              297,600.00       20060801                        2,125.28
     36535                          7.6935                             20360701                                                                      359                                                 97,000.00     20060801                          725.32
     33313                          9.4935                             20360701                                                                      359                                                 80,750.00     20060801                          708.64
     40219                          8.5935                             20360701                                                                      359                                               133,750.00      20060801                         1,014.27
     30507                          8.9935                             20360701                                                                      359                                              292,500.00       20060801                       2,369.43
     3865                           7.8935                             20360701                                                                      359                                               210,000.00      20060801                        1,599.86
     44221                          8.0435                             20360501                                                                      357                                               106,250.00      20060601                          820.74
     66102                          8.9435                             20360601                                                                      358                                               103,500.00      20060701                          866.52
     47970                          8.8435                             20360601                                                                      358                                                 89,250.00     20060701                          740.72
     53218                          8.4835                             20360601                                                                      358                                                 84,000.00     20060701                          675.28
     63109                          9.1935                             20360601                                                                      358                                                161,500.00     20060701                          1,381.61
     45140                          8.3935                             20360601                                                                      358                                               104,500.00      20060701                          833.33
     33755                          7.0935                             20360701                                                                      359                                               123,500.00      20060801                           872.01
     44109                          8.0935                             20360701                                                                      359                                                 50,575.00     20060801                          392.47
     66223                          9.4835                             20360701                                                                      359                                               198,000.00      20060801                         1,736.13
     64130                          8.4935                             20360701                                                                      359                                                 74,700.00     20060801                           601.06
     46241                          8.8935                             20360701                                                                      359                                                  71,250.00    20060801                          593.92
     19001                          8.9935                             20360701                                                                      359                                              204,250.00       20060801                         1,717.44
     77480                          8.9935                             20360501                                                                      357                                                  61,470.00    20060601                           516.87
     14701                          10.2435                            20360701                                                                      359                                                 65,450.00     20060801                           610.96
     76651                          10.0435                            20360601                                                                      358                                                 50,400.00     20060701                           462.91
     85607                          8.7435                             20360601                                                                      358                                                 63,000.00     20060701                           498.12
     93725                          6.9935                             20360701                                                                      359                                               215,000.00      20060801                        1,343.75
     92509                          7.2435                             20360701                                                                      359                                              278,000.00       20060801                        1,795.42
     36567                          9.2435                             20360701                                                                      359                                                 50,000.00     20060801                          429.58
     6705                           9.4935                             20360701                                                                      359                                              204,000.00       20060801                        1,790.25
     32809                          7.9735                             20360701                                                                      359                                              245,650.00       20060801                        1,885.36
     33880                          8.7435                             20360601                                                                      358                                                 68,000.00     20060701                          559.42
     85301                          7.4685                             20360701                                                                      359                                                 92,000.00     20060801                          673.46
     85301                          11.8435                            20360701                                                                      359                                                 23,000.00     20060801                          242.80
     19023                          10.8935                            20360601                                                                      358                                                 72,000.00     20060701                          707.52
     19141                          9.8935                             20360601                                                                      358                                                 54,000.00     20060701                          489.93
     42724                          10.2435                            20360701                                                                      359                                                170,910.00     20060801                         1,595.41
     63135                          8.8235                             20360701                                                                      359                                                 66,500.00     20060801                          550.94
     85027                          7.0935                             20360701                                                                      359                                               160,000.00      20060801                         1,129.72
     75115                          8.3185                             20360701                                                                      359                                              408,500.00       20060801                        3,004.18
     49203                          9.9735                             20360701                                                                      359                                                 72,000.00     20060801                          657.54
     29405                          8.0435                             20360601                                                                      358                                                  95,100.00    20060701                           734.61
     32805                          8.9435                             20360701                                                                      359                                               105,600.00      20060801                          884.09
     3588                           8.0035                             20360701                                                                      359                                               100,000.00      20060801                          769.62
     32805                          12.1435                            20360701                                                                      359                                                 26,400.00     20060801                          284.83
     63138                          9.4935                             20360701                                                                      359                                               216,000.00      20060801                        1,895.55
     29445                          8.6935                             20360701                                                                      359                                               177,500.00      20060801                        1,453.82
     19121                          10.3335                            20360701                                                                      359                                                 54,000.00     20060801                          507.74
     38106                          10.6035                            20360701                                                                      359                                                 50,400.00     20060801                           484.16
     18045                          7.4935                             20360701                                                                      359                                               522,100.00      20060801                       3,830.98
     33901                          7.9435                             20360701                                                                      359                                               106,000.00      20060801                            811.30
     33901                          11.9835                            20210701                                                                      179                                                 26,500.00     20060801                          282.62
     31405                          7.8685                             20360801                                                                      360                                              500,000.00       20060901                       3,800.36
     48124                          9.1185                             20360701                                                                      359                                                121,500.00     20060801                        1,032.74
     85338                          7.1185                             20360701                                                                      359                                               100,000.00      20060801                          635.42
     43147                          9.4835                             20360701                                                                      359                                              209,000.00       20060801                        1,832.58
     46219                          7.1935                             20360701                                                                      359                                                 84,060.00     20060801                           599.31
     46060                          8.2935                             20360701                                                                      359                                               147,250.00      20060801                         1,163.68
     48341                          9.5935                             20360701                                                                      359                                               125,400.00      20060801                        1,074.68
     32824                          8.3935                             20360701                                                                      359                                              255,000.00       20060801                       2,033.47
     43231                          9.3935                             20360701                                                                      359                                               108,000.00      20060801                           939.81
     30126                          7.2935                             20360701                                                                      359                                               188,000.00      20060801                        1,222.00
     30126                          12.6435                            20360701                                                                      359                                                 47,000.00     20060801                          525.43
     98391                          9.1935                             20360701                                                                      359                                              229,500.00       20060801                        1,963.34
     47451                          9.6935                             20360701                                                                      359                                                 56,000.00     20060801                          499.74
     2169                           8.1185                             20360701                                                                      359                                              369,000.00       20060801                        2,652.19
     33610                          8.0435                             20360501                                                                      357                                                 96,000.00     20060601                          684.00
     33610                          11.5935                            20210501                                                                      177                                                 24,000.00     20060601                          248.72
     22485                          7.7435                             20360701                                                                      359                                              385,500.00       20060801                        2,896.14
     33020                          8.4835                             20360401                                                                      356                                               146,400.00      20060501                        1,096.78
     45231                          9.3685                             20360601                                                                      358                                               155,000.00      20060701                        1,345.94
     20851                          6.8685                             20360701                                                                      359                                               391,500.00      20060801                       2,406.09
     85085                          9.7435                             20360701                                                                      359                                              346,500.00       20060801                        3,104.99
     45230                          8.9435                             20360701                                                                      359                                               120,497.00      20060801                         1,008.81
     45236                          9.4835                             20360701                                                                      359                                               137,750.00      20060801                        1,207.84
     74873                          10.4935                            20360701                                                                      359                                                 59,375.00     20060801                          565.44
     85306                          10.1935                            20360701                                                                      359                                              294,500.00       20060801                       2,738.04
     68118                          8.3935                             20360701                                                                      359                                                311,600.00     20060801                       2,484.82
     52240                          9.4835                             20360701                                                                      359                                                181,800.00     20060801                        1,594.09
     53121                          8.9935                             20360701                                                                      359                                               213,750.00      20060801                        1,797.33
     37064                          12.7435                            20360701                                                                      359                                                 72,000.00     20060801                           810.56
     45415                          9.4435                             20360701                                                                      359                                               128,250.00      20060801                         1,120.75
     63122                          8.5935                             20360701                                                                      359                                               192,000.00      20060801                        1,558.72
     73089                          9.8935                             20360701                                                                      359                                                 83,700.00     20060801                          759.39
     17078                          9.4435                             20360701                                                                      359                                              247,950.00       20060801                        2,166.79
     48223                          7.1935                             20360701                                                                      359                                                 65,000.00     20060801                          463.43
     43140                          8.8935                             20360801                                                                      360                                               144,000.00      20060901                        1,200.34
     53216                          12.6435                            20360701                                                                      359                                                 30,800.00     20060801                          344.32
     97222                          7.9935                             20360701                                                                      359                                               120,000.00      20060801                          879.72

   ZIP_CODE                  CURRENT_BALANCE                   LOAN_TO_VALUE                    MI                         MERS_ID1                   MARGIN                 NEXT_RATE_ADJ_DATE1                  MAX_RATE              MIN_RATE
   --------                  ---------------                   -------------                    --                         --------                   ------                 -------------------                  --------              --------
     89032                      49,321.93                                            100.00    No MI                  100246100006631519              0.0000                                                       0.0000                0.0000
     30135                      46,266.47                                              99.97   No MI                          0                       0.0000                                                       0.0000                0.0000
     14207                      36,689.75                                              80.00   No MI                  100213300000122155              6.1250                      20080101                        16.2750               10.2750
     89166                      303,999.03                                             80.00   No MI                  100246100006626543              5.5000                      20090301                        13.3750                7.3750
     29910                      154,600.59                                             80.00   No MI                  100366000000023891              5.6500                      20080401                        14.5800                5.6500
     29910                      38,690.30                                            100.00    No MI                  100366000000023917              0.0000                                                       0.0000                0.0000
     48204                      73,598.96                                              90.00   No MI                  100086600211017662              5.9500                      20080201                        15.9750                5.9500
     92503                      274,878.09                                             57.29   No MI                  100144600097447009              6.7500                      20080501                        16.2500               10.2500
     85204                      150,000.00                                             68.49   No MI                  100386100002124121              5.5000                      20080701                        14.8500                8.8500
     37803                      202,500.00                                             90.00   No MI                  100213300000113113              5.7500                      20071201                        15.5000                9.5000
     70815                      80,426.67                                              95.00   No MI                  100350300000542223              7.7000                      20071201                        15.5500                9.5500
     33607                      121,822.56                                             72.06   No MI                  100146410000008585              8.5700                      20081101                        14.5700                8.5700
     19713                      174,775.20                                             80.00   No MI                  100076500000192936              5.5000                      20080501                        13.9300                7.9300
     92557                      324,000.00                                             80.00   No MI                  100386100002131514              5.5000                      20080601                        13.9500                7.9500
     92557                      80,953.67                                            100.00    No MI                  100386100002131530              0.0000                                                       0.0000                0.0000
     49448                      114,216.46                                             85.00   No MI                  100077440000604508              0.0000                                                       0.0000                0.0000
     27526                      81,586.23                                              70.00   No MI                  100077440000619027              0.0000                                                       0.0000                0.0000
     46747                      151,383.89                                             80.00   No MI                  100077440000663983              0.0000                                                       0.0000                0.0000
     75056                      134,193.12                                             85.00   No MI                  100386100002133155              5.5000                      20080601                        16.5150               10.5150
     32962                      206,752.11                                             90.00   No MI                          0                       5.5000                      20080501                        16.5200               10.5200
     39759                      79,581.40                                              80.00   No MI                  100077400205221771              0.0000                                                       0.0000                0.0000
     77316                      59,799.66                                               73.17  No MI                  100077400205243148              8.0000                      20090201                        15.0000                9.0000
     93622                      150,000.00                                             89.82   No MI                  100077400205246067              5.5000                      20080101                        13.0000                7.0000
     3878                       220,772.73                                             84.67   No MI                  100386100002135465              5.5000                      20080601                        16.0150               10.0150
     34120                      184,999.90                                             52.86   No MI                  100386100002136471              6.0000                      20080601                        16.2000               10.2000
     93552                      272,000.00                                             80.00   No MI                  100144600097447736              5.5000                      20080501                        13.7500                7.7500
     93552                      67,942.64                                            100.00    No MI                  100144600097447744              0.0000                                                       0.0000                0.0000
     65202                      117,423.86                                             80.00   No MI                  100386100002139434              5.5000                      20080601                        13.4800                7.4800
     74029                      50,000.00                                              84.96   No MI                  100386100002138105              5.5000                      20080601                        16.9900               10.9900
     46036                      80,816.88                                              90.00   No MI                  100273100008184059              7.2000                      20080401                        15.4500                9.4500
     46011                      77,850.89                                              80.00   No MI                  100273100008190197              5.5000                      20080401                        15.7500                9.7500
     29732                      110,934.47                                             80.00   No MI                  100273100008191419              5.5000                      20080401                        14.8900                8.8900
     45238                      165,663.08                                             80.00   No MI                          0                       0.0000                                                       0.0000                0.0000
     45238                      41,452.80                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     89031                      239,606.93                                             80.00   No MI                  100386100002141380              0.0000                                                       0.0000                0.0000
     89031                      44,963.12                                              95.00   No MI                  100386100002141406              0.0000                                                       0.0000                0.0000
     27104                      30,929.35                                            100.00    No MI                  100077440000596837              0.0000                                                       0.0000                0.0000
     76374                      62,742.67                                              80.00   No MI                  100077400205229303              7.2500                      20081101                        13.2500                7.2500
     92154                      391,000.00                                             85.00   No MI                  100077400205225400              5.5000                      20071201                        13.2500                7.2500
     91340                      352,800.00                                             80.00   No MI                  100077400205244328              6.0000                      20071201                        12.4500                6.4500
     98674                      153,000.00                                           100.00    No MI                  100331700902481160              5.5000                      20090401                        15.8750                9.8750
     42413                      119,333.98                                             80.00   No MI                  100077400205232851              0.0000                                                       0.0000                0.0000
     39648                      61,165.35                                              76.88   No MI                  100077400205225327              0.0000                                                       0.0000                0.0000
     8102                       52,288.94                                              80.00   No MI                  100263195009820398              7.7000                      20080401                        15.2000                7.7000
     30288                      221,345.95                                             80.00   No MI                  100263195009826825              6.4000                      20080401                        14.0500                6.4000
     19144                      246,209.62                                             95.00   No MI                  100263195009838135              7.3000                      20080301                        14.2000                7.3000
     77026                      61,072.93                                            100.00    No MI                  100263195009845718              7.8000                      20080401                        15.3000                7.8000
     7111                       216,749.19                                             85.00   No MI                  100263195009876572              6.4900                      20080401                        13.9900                6.4900
     62208                      97,455.31                                              85.00   No MI                  100263195009887215              6.2000                      20080401                        13.2000                6.2000
     23002                      138,280.42                                             80.00   No MI                  100263195009888619              7.5000                      20080401                        15.0000                7.5000
     45044                      25,565.29                                            100.00    No MI                  100263195009891415              0.0000                                                       0.0000                0.0000
     29906                      26,173.97                                            100.00    No MI                  100263195009894559              0.0000                                                       0.0000                0.0000
     43608                      79,730.65                                              85.00   No MI                  100263195009903889              7.7000                      20090401                        15.2000                7.7000
     49028                      83,137.58                                              85.00   No MI                  100263195009913037              8.1000                      20090401                        15.6000                8.1000
     29115                      60,694.40                                              80.00   No MI                  100263195009918812              0.0000                                                       0.0000                0.0000
     73150                      63,843.27                                              55.65   No MI                  100263195009921527              0.0000                                                       0.0000                0.0000
     43078                      260,000.00                                             89.66   No MI                  100263195009929058              6.4900                      20080301                        13.9900                6.4900
     98201                      271,538.01                                             85.00   No MI                  100263195009931849              5.9500                      20080301                        13.4500                5.9500
     60619                      248,844.59                                             80.00   No MI                  100263195009935311              5.9500                      20080401                        13.4500                5.9500
     43110                      76,404.33                                              94.44   No MI                  100263195009938612              0.0000                                                       0.0000                0.0000
     30060                      61,713.14                                              80.00   No MI                  100263195009942994              5.8000                      20080401                        13.3000                5.8000
     43138                      90,752.81                                              70.00   No MI                  100263195009946383              6.4900                      20110401                        13.9900                6.4900
     73169                      87,824.79                                            100.00    No MI                  100263195009951896              0.0000                                                       0.0000                0.0000
     43615                      70,207.21                                              80.00   No MI                  100263195009955442              6.4500                      20080401                        13.9500                6.4500
     63136                      65,487.32                                              80.00   No MI                  100263195009958255              0.0000                                                       0.0000                0.0000
     16146                      42,399.30                                              85.00   No MI                  100263195009962117              0.0000                                                       0.0000                0.0000
     77014                      108,909.89                                             80.00   No MI                  100263195009967249              6.6000                      20080401                        14.1000                6.6000
     21218                      159,587.99                                             80.00   No MI                  100263195009970375              7.0000                      20080401                        14.5000                7.0000
     77055                      46,308.17                                              79.99   No MI                  100263195009971779              0.0000                                                       0.0000                0.0000
     73109                      53,407.70                                              80.00   No MI                  100263195009972843              7.7500                      20080401                        15.2500                7.7500
     16214                      51,859.86                                              80.00   No MI                  100263195009973429              6.5300                      20090401                        14.0300                6.5300
     91945                      339,051.49                                             72.65   No MI                  100263195009974252              4.9500                      20080301                        12.4500                4.9500
     55347                      343,950.00                                             80.00   No MI                  100263195009974336              6.4500                      20080301                        13.4500                6.4500
     43506                      22,954.30                                            100.00    No MI                  100263195009974823              0.0000                                                       0.0000                0.0000
     30019                      135,807.82                                             80.00   No MI                  100263195009975242              5.8000                      20080401                        13.3000                5.8000
     45840                      139,136.54                                             90.00   No MI                  100263195009975994              7.8000                      20090301                        15.3000                7.8000
     78957                      44,304.00                                              64.29   No MI                  100263195009977222              0.0000                                                       0.0000                0.0000
     85016                      174,013.39                                             70.40   No MI                  100263195009978477              5.4500                      20080401                        12.9500                5.4500
     95207                      271,021.49                                             80.00   No MI                  100263195009979616              6.0500                      20080301                        13.5500                6.0500
     77028                      51,084.48                                              79.99   No MI                  100263195009985639              7.0000                      20080401                        18.0000                7.0000
     49345                      91,091.70                                               67.21  No MI                  100263195009985712              0.0000                                                       0.0000                0.0000
     48219                      71,092.24                                              95.00   No MI                  100263195009986132              0.0000                                                       0.0000                0.0000
     37055                      73,445.63                                            100.00    No MI                  100263195009986397              0.0000                                                       0.0000                0.0000
     75007                      134,053.87                                             79.99   No MI                  100263195009988112              0.0000                                                       0.0000                0.0000
     22306                      229,342.30                                             45.54   No MI                  100263195009989441              7.8500                      20080301                        14.8500                7.8500
     73772                      37,334.41                                              75.00   No MI                  100263195009993559              0.0000                                                       0.0000                0.0000
     16602                      51,698.31                                              80.00   No MI                  100263195009993633              5.3500                      20080301                        12.8500                5.3500
     77414                      102,912.52                                             79.99   No MI                  100263195009995612              0.0000                                                       0.0000                0.0000
     85033                      159,556.39                                             73.06   No MI                  100263195009998509              8.0000                      20080301                        15.0000                8.0000
     98501                      227,171.78                                             85.00   No MI                  100263195010001046              6.4000                      20080401                        13.9000                6.4000
     98203                      249,703.67                                             90.00   No MI                  100263195010002788              7.0000                      20080301                        14.5000                7.0000
     73142                      89,289.16                                              80.00   No MI                  100263195010003281              0.0000                                                       0.0000                0.0000
     43140                      375,061.13                                             80.00   No MI                  100263195010005005              7.0000                      20080401                        14.5000                7.0000
     64134                      80,589.23                                              85.00   No MI                  100263195010005427              0.0000                                                       0.0000                0.0000
     78596                      16,749.95                                            100.00    No MI                  100263195010007811              0.0000                                                       0.0000                0.0000
     17024                      260,313.58                                             90.00   No MI                  100263195010012357              0.0000                                                       0.0000                0.0000
     63031                      130,152.87                                             90.00   No MI                  100263195010012431              7.2000                      20080301                        15.2000                7.2000
     91331                      388,000.00                                             80.00   No MI                  100263195010013181              6.3500                      20080301                        13.8500                6.3500
     30224                      139,288.13                                              83.01  No MI                  100263195010013678              6.4900                      20080401                        13.9900                6.4900
     43081                      99,736.36                                              80.00   No MI                  100263195010013751              4.9000                      20080301                        12.4000                4.9000
     15623                      16,683.28                                            100.00    No MI                  100263195010013835              0.0000                                                       0.0000                0.0000
     8861                       288,224.43                                             85.00   No MI                  100263195010014742              6.5500                      20080401                        14.0500                6.5500
     72764                      125,128.08                                             80.00   No MI                  100263195010017141              6.0000                      20080301                        13.5000                6.0000
     48223                      258,092.59                                             90.00   No MI                  100263195010017711              0.0000                                                       0.0000                0.0000
     89031                      290,037.87                                             80.00   No MI                  100263195010018131              6.2400                      20080401                        13.7400                6.2400
     45225                      67,272.78                                               79.41  No MI                  100263195010020194              0.0000                                                       0.0000                0.0000
     63031                      118,416.01                                             90.00   No MI                  100263195010020277              6.0000                      20080301                        13.5000                6.0000
     37806                      111,418.33                                             94.98   No MI                  100263195010021424              0.0000                                                       0.0000                0.0000
     77801                      58,427.41                                            100.00    No MI                  100263195010022661              8.2800                      20080401                        15.7800                8.2800
     40070                      56,787.92                                               72.15  No MI                  100263195010025300              6.5500                      20080301                        13.5500                6.5500
     30274                      93,370.78                                              80.00   No MI                  100263195010026399              7.0000                      20080401                        14.5000                7.0000
     45238                      103,793.88                                             80.00   No MI                  100263195010027876              5.4000                      20080301                        12.9000                5.4000
     77084                      96,460.78                                              80.00   No MI                  100263195010028031              6.4750                      20080301                        13.4750                6.4750
     45002                      118,914.52                                             80.00   No MI                  100263195010028866              6.4000                      20080301                        13.9000                6.4000
     63112                      74,526.69                                              95.00   No MI                  100263195010029443              7.7000                      20080301                        14.7000                7.7000
     98632                      103,494.85                                             80.00   No MI                  100263195010030094              5.7500                      20080301                        13.2500                5.7500
     75401                      95,306.11                                              79.99   No MI                  100263195010030904              0.0000                                                       0.0000                0.0000
     45205                      69,824.22                                              80.00   No MI                  100263195010031167              6.0500                      20080301                        13.5500                6.0500
     30274                      23,372.49                                            100.00    No MI                  100263195010032074              0.0000                                                       0.0000                0.0000
     45205                      116,939.59                                             85.00   No MI                  100263195010032314              7.0000                      20080301                        14.5000                7.0000
     85208                      231,694.60                                             80.00   No MI                  100263195010032801              6.0500                      20080401                        13.5500                6.0500
     16133                      87,274.41                                            100.00    No MI                  100263195010033064              7.8500                      20080301                        15.3500                7.8500
     63111                      119,604.21                                             80.00   No MI                  100263195010033486              7.1500                      20080401                        14.6500                7.1500
     92407                      100,644.65                                           100.00    No MI                  100263195010033973              0.0000                                                       0.0000                0.0000
     29640                      89,368.57                                               84.51  No MI                  100263195010034211              6.9000                      20080301                        14.4000                6.9000
     77015                      75,766.76                                              79.99   No MI                  100263195010034476              0.0000                                                       0.0000                0.0000
     93638                      235,279.96                                             80.00   No MI                  100263195010034880              6.4900                      20080301                        13.9900                6.4900
     63111                      123,468.23                                             80.00   No MI                  100263195010035200              7.5500                      20080401                        15.0500                7.5500
     77520                      64,885.42                                              79.99   No MI                  100263195010035382              0.0000                                                       0.0000                0.0000
     43234                      93,122.89                                              85.00   No MI                  100263195010035879              7.2000                      20080401                        14.7000                7.2000
     30157                      118,809.95                                             80.00   No MI                  100263195010035952              6.2000                      20090401                        13.7000                6.2000
     63366                      226,958.94                                             80.00   No MI                  100263195010036604              6.8000                      20080401                        14.3000                6.8000
     30707                      65,367.93                                              80.00   No MI                  100263195010037859              5.6000                      20080401                        13.1000                5.6000
     73109                      13,368.13                                            100.00    No MI                  100263195010038683              0.0000                                                       0.0000                0.0000
     33016                      108,535.56                                             65.97   No MI                  100263195010039186              7.2000                      20080301                        14.7000                7.2000
     46628                      34,789.00                                            100.00    No MI                  100263195010039426              0.0000                                                       0.0000                0.0000
     95682                      423,477.09                                             80.00   No MI                  100263195010039913              6.4000                      20080301                        13.9000                6.4000
     98682                      163,558.13                                             80.00   No MI                  100263195010040721              6.1500                      20080301                        13.6500                6.1500
     89074                      178,782.72                                             80.00   No MI                  100263195010040804              5.5000                      20080401                        13.0000                5.5000
     93003                      538,581.47                                             85.00   No MI                  100263195010041067              6.3000                      20080401                        13.8000                6.3000
     76273                      39,890.24                                              80.00   No MI                  100263195010041489              0.0000                                                       0.0000                0.0000
     16101                      134,804.77                                             75.00   No MI                  100263195010042131              0.0000                                                       0.0000                0.0000
     44060                      94,706.73                                              57.23   No MI                  100263195010042214              0.0000                                                       0.0000                0.0000
     40965                      65,796.26                                              77.65   No MI                  100263195010042628              0.0000                                                       0.0000                0.0000
     43611                      96,217.55                                              78.49   No MI                  100263195010045365              0.0000                                                       0.0000                0.0000
     46403                      58,398.39                                              90.00   No MI                  100263195010046017              8.8000                      20080401                        15.8000                8.8000
     64109                      51,853.18                                              80.00   No MI                  100263195010047262              8.5000                      20080301                        14.5000                8.5000
     41091                      64,645.88                                              32.50   No MI                  100263195010048583              7.2000                      20080401                        14.2000                7.2000
     30180                      101,443.82                                             80.00   No MI                  100263195010050530              6.3000                      20080301                        13.8000                6.3000
     33160                      310,422.11                                             80.00   No MI                  100263195010050878              7.4000                      20080401                        14.4000                7.4000
     94572                      447,120.48                                             80.00   No MI                  100263195010051033              6.0500                      20080301                        13.5500                6.0500
     29420                      103,144.92                                             94.99   No MI                  100263195010051868              7.3500                      20080301                        14.8500                7.3500
     21060                      211,436.77                                             80.00   No MI                  100263195010052023              6.6000                      20080401                        14.1000                6.6000
     77396                      27,671.43                                            100.00    No MI                  100263195010057071              0.0000                                                       0.0000                0.0000
     77063                      60,493.52                                              96.83   No MI                  100263195010060513              0.0000                                                       0.0000                0.0000
     19551                      175,366.08                                             80.00   No MI                  100263195010060695              5.7500                      20080401                        13.2500                5.7500
     47359                      50,336.77                                              80.00   No MI                  100263195010061354              0.0000                                                       0.0000                0.0000
     21206                      116,999.86                                             87.04   No MI                  100263195010061842              7.0000                      20080401                        11.0000                7.0000
     77081                      244,602.75                                             80.00   No MI                  100263195010062006              6.2000                      20080301                        13.7000                6.2000
     43119                      105,662.90                                             80.00   No MI                  100263195010062261              5.7000                      20080401                        13.2000                5.7000
     42101                      93,469.55                                              90.00   No MI                  100263195010062592              8.1500                      20090301                        15.1500                8.1500
     27803                      67,019.67                                              80.00   No MI                  100263195010062675              0.0000                                                       0.0000                0.0000
     29510                      107,718.85                                             90.00   No MI                  100263195010064085              0.0000                                                       0.0000                0.0000
     77521                      137,103.17                                             80.00   No MI                  100263195010066551              6.7000                      20090301                        13.7000                6.7000
     73020                      60,629.70                                              80.00   No MI                  100263195010068466              7.4500                      20080301                        14.9500                7.4500
     44705                      77,696.93                                            100.00    No MI                  100263195010071668              6.4000                      20080401                        13.9000                6.4000
     19134                      59,866.48                                              80.00   No MI                  100263195010074068              8.5500                      20080301                        16.0500                8.5500
     33032                      203,225.85                                             80.00   No MI                  100263195010074977              5.9500                      20090301                        13.4500                5.9500
     27537                      124,673.22                                             80.00   No MI                  100263195010177770              0.0000                                                       0.0000                0.0000
     45036                      191,774.57                                             80.00   No MI                  100263195010177937              6.4500                      20080401                        13.9500                6.4500
     37227                      24,390.54                                            100.00    No MI                  100263195010178190              0.0000                                                       0.0000                0.0000
     45036                      47,914.90                                            100.00    No MI                  100263195010178273              0.0000                                                       0.0000                0.0000
     73018                      51,202.07                                              94.65   No MI                  100263195010179420              0.0000                                                       0.0000                0.0000
     60538                      246,287.64                                              80.12  No MI                  100263195010180154              8.3000                      20080401                        15.3000                8.3000
     80917                      187,706.91                                             80.00   No MI                  100263195010180642              5.4500                      20080401                        12.9500                5.4500
     8332                       184,685.67                                           100.00    No MI                  100263195010181558              7.7500                      20080401                        16.2500                7.7500
     15221                      73,852.67                                              94.87   No MI                  100263195010181715              8.0000                      20080401                        15.5000                8.0000
     43612                      99,967.63                                              85.00   No MI                  100263195010182051              0.0000                                                       0.0000                0.0000
     33617                      115,648.93                                             80.00   No MI                  100263195010182473              5.9500                      20080401                        13.4500                5.9500
     45011                      207,722.24                                             80.00   No MI                  100263195010182622              6.0000                      20080401                        13.5000                6.0000
     23075                      25,363.14                                            100.00    No MI                  100263195010183208              0.0000                                                       0.0000                0.0000
     60459                      63,888.93                                            100.00    No MI                  100263195010183380              0.0000                                                       0.0000                0.0000
     44706                      44,096.12                                              85.00   No MI                  100263195010183463              7.2000                      20080401                        14.7000                7.2000
     45030                      122,924.90                                             85.00   No MI                  100263195010183539              7.4900                      20080401                        14.9900                7.4900
     20886                      294,832.94                                             80.00   No MI                  100263195010183612              6.2500                      20080401                        13.7500                6.2500
     15218                      39,934.88                                              80.00   No MI                  100263195010184115              8.9500                      20080401                        16.4500                8.9500
     75703                      139,491.96                                             79.99   No MI                  100263195010184370              0.0000                                                       0.0000                0.0000
     30736                      92,000.00                                              80.00   No MI                  100263195010184453              5.9500                      20080401                        13.4500                5.9500
     73401                      15,773.47                                            100.00    No MI                  100263195010184602              0.0000                                                       0.0000                0.0000
     73401                      63,011.55                                              80.00   No MI                  100263195010184784              6.3500                      20080401                        13.8500                6.3500
     34736                      126,855.14                                             87.59   No MI                  100263195010185286              0.0000                                                       0.0000                0.0000
     48219                      85,256.28                                              90.00   No MI                  100263195010185773              6.2500                      20080401                        13.7500                6.2500
     60426                      96,713.91                                              95.00   No MI                  100263195010186193              4.8000                      20080401                        15.8000                4.8000
     80246                      90,400.00                                              80.00   No MI                  100263195010186680              7.0800                      20080401                        14.5800                7.0800
     15221                      41,913.36                                              76.36   No MI                  100263195010186847              7.8300                      20080401                        15.3300                7.8300
     20601                      183,776.07                                             80.00   No MI                  100263195010186920              6.3250                      20110401                        13.8250                6.3250
     32566                      49,892.10                                              25.25   No MI                  100263195010187183              7.3500                      20080401                        14.8500                7.3500
     65802                      66,490.87                                              90.00   No MI                  100263195010187423              9.3000                      20080401                        16.8000                9.3000
     64138                      157,536.31                                             80.00   No MI                  100263195010187753              7.0000                      20080401                        14.5000                7.0000
     27616                      117,591.40                                             80.00   No MI                  100263195010188173              6.7000                      20080401                        14.2000                6.7000
     40509                      59,111.43                                              79.70   No MI                  100263195010188330              6.2000                      20080401                        13.2000                6.2000
     20781                      234,707.77                                             79.93   No MI                  100263195010188413              6.2500                      20080401                        13.7500                6.2500
     19348                      376,863.90                                             79.25   No MI                  100263195010188587              6.7000                      20080401                        14.2000                6.7000
     48214                      49,407.48                                              90.00   No MI                  100263195010188660              0.0000                                                       0.0000                0.0000
     62294                      248,444.89                                             88.96   No MI                  100263195010189163              5.6500                      20080401                        14.1500                5.6500
     15235                      59,030.91                                              80.00   No MI                  100263195010189320              0.0000                                                       0.0000                0.0000
     30144                      208,542.93                                             95.00   No MI                  100263195010190054              7.5500                      20080401                        15.0500                7.5500
     29485                      21,062.19                                            100.00    No MI                  100263195010191128              0.0000                                                       0.0000                0.0000
     30110                      25,318.67                                            100.00    No MI                  100263195010191201              0.0000                                                       0.0000                0.0000
     15143                      178,356.76                                             85.00   No MI                  100263195010191532              7.7500                      20080401                        15.2500                7.7500
     60101                      299,428.40                                             80.00   No MI                  100263195010191615              7.5500                      20080401                        14.5500                7.5500
     44087                      133,600.00                                             80.00   No MI                  100263195010312088              7.0500                      20160401                        14.5500                7.0500
     77085                      102,971.48                                             80.00   No MI                  100263195010313151              7.4900                      20080401                        14.9900                7.4900
     89408                      262,938.81                                             80.00   No MI                  100263195010313722              4.5500                      20080401                        12.0500                4.5500
     30297                      101,223.77                                             90.00   No MI                  100263195010317525              7.9000                      20080401                        15.4000                7.9000
     11216                      454,564.16                                             80.00   No MI                  100263195010321568              5.7500                      20080401                        13.2500                5.7500
     23063                      154,884.57                                             79.49   No MI                  100263195010321725              8.0000                      20080401                        15.5000                8.0000
     15209                      39,927.58                                              80.00   No MI                  100263195010332797              8.4500                      20080401                        15.9500                8.4500
     63069                      71,077.71                                              80.00   No MI                  100263195010351672              8.7000                      20080401                        16.2000                8.7000
     48205                      53,443.70                                              80.00   No MI                  100263195010360822              8.5000                      20080401                        16.0000                8.5000
     75088                      111,666.21                                             80.00   No MI                  100263195010366787              7.8750                      20080401                        14.8750                7.8750
     12603                      163,641.33                                             80.00   No MI                  100263195010371712              7.5500                      20080401                        15.0500                7.5500
     20110                      367,609.50                                             80.00   No MI                  100263195010377834              6.8000                      20080401                        14.3000                6.8000
     80233                      140,000.00                                             80.00   No MI                  100263195010378584              6.2000                      20080401                        13.7000                6.2000
     29456                      81,505.57                                              80.00   No MI                  100263195010378824              6.5000                      20080401                        14.0000                6.5000
     20706                      69,930.39                                            100.00    No MI                  100263195010379160              0.0000                                                       0.0000                0.0000
     23324                      164,000.00                                             80.00   No MI                  100263195010380887              5.4500                      20080401                        12.9500                5.4500
     77396                      98,597.44                                              80.00   No MI                  100263195010381612              6.9300                      20080401                        14.4300                6.9300
     75228                      66,109.11                                              80.00   No MI                  100263195010382867              6.9500                      20080401                        14.4500                6.9500
     40211                      47,881.21                                              80.00   No MI                  100263195010389060              7.4500                      20080401                        14.4500                7.4500
     46218                      41,522.23                                              80.00   No MI                  100263195010390456              0.0000                                                       0.0000                0.0000
     33025                      59,939.35                                            100.00    No MI                  100263195010391512              0.0000                                                       0.0000                0.0000
     64131                      173,010.01                                             84.50   No MI                  100386100002142644              5.5000                      20080601                        14.4000                8.4000
     37013                      114,815.43                                             95.00   No MI                  100144600097450102              5.5000                      20080501                        16.6250               10.6250
     85326                      274,339.56                                             90.00   No MI                  100386100002144160              5.5000                      20080601                        14.1000                8.1000
     34472                      94,930.06                                              95.00   No MI                          0                       5.5000                      20080601                        16.8750               10.8750
     8049                       159,788.14                                             80.00   No MI                  100076500000988051              5.5000                      20080501                        16.0500               10.0500
     32828                      238,500.00                                             75.00   No MI                  100386100002148260              6.2500                      20080601                        14.5350                8.5350
     20646                      95,921.52                                              80.00   No MI                  100232600000062039              6.0000                      20080601                        16.3900               10.3900
     19454                      344,000.00                                             67.45   No MI                  100076500000986071              5.5000                      20080501                        15.7500                9.7500
     19977                      263,920.00                                             80.00   No MI                  100076500000200770              5.5000                      20080601                        15.3100                9.3100
     8332                       137,838.64                                             80.00   No MI                  100076500000996617              5.5000                      20080601                        14.6900                8.6900
     8332                       34,479.94                                            100.00    No MI                  100076500001016167              0.0000                                                       0.0000                0.0000
     19141                      58,307.38                                              90.00   No MI                  100076500000918603              0.0000                                                       0.0000                0.0000
     34653                      134,712.06                                             79.98   No MI                  100386100002152916              5.5000                      20080601                        12.6800                6.6800
     92408                      350,387.21                                             90.00   No MI                  100255500000038694              5.7300                      20080501                        14.7300                8.7300
     11520                      338,231.88                                             90.00   No MI                  100038600000117748              7.0000                      20080501                        15.8750                9.8750
     11757                      365,791.85                                             80.00   No MI                  100038600000112384              6.6250                      20080101                        12.8750                6.6250
     11757                      91,809.65                                            100.00    No MI                  100038600000112376              0.0000                                                       0.0000                0.0000
     11691                      355,192.18                                             80.00   No MI                  100038600000113648              7.3750                      20080201                        13.3750                7.3750
     11691                      88,519.70                                            100.00    No MI                  100038600000113655              0.0000                                                       0.0000                0.0000
     11212                      99,477.75                                            100.00    No MI                  100038603000042957              0.0000                                                       0.0000                0.0000
     11212                      398,400.00                                             80.00   No MI                  100038603000042981              5.7500                      20080401                        13.4750                7.4750
     80015                      229,779.43                                             86.47   No MI                  100038603000043377              6.6250                      20080501                        14.8750                6.6250
     7104                       351,050.57                                             80.00   No MI                  100038603000043393              6.5000                      20080401                        14.0250                6.5000
     11706                      315,760.11                                             80.00   No MI                  100038600000117888              5.7500                      20080501                        14.4500                8.4500
     11706                      78,931.52                                            100.00    No MI                  100038600000117870              0.0000                                                       0.0000                0.0000
     11694                      499,094.37                                             77.28   No MI                  10003860000011813               5.7500                      20080501                        14.6000                8.6000
     11096                      305,280.00                                             80.00   No MI                  100038600000116492              0.0000                                                       0.0000                0.0000
     11096                      76,231.09                                            100.00    No MI                  100038600000116500              0.0000                                                       0.0000                0.0000
     10466                      494,215.50                                             90.00   No MI                  100038600000116195              6.6250                      20080401                        16.5750               10.5750
     93534                      256,000.00                                             80.00   No MI                  100022100149230492              5.5000                      20080501                        14.0850                8.0850
     33558                      131,992.00                                             80.00   No MI                  100062700110953278              7.7500                      20080101                        15.0000                7.7500
     33558                      32,938.66                                            100.00    No MI                  100062700110953286              0.0000                                                       0.0000                0.0000
     33607                      202,500.00                                             90.00   No MI                  100062700110954144              8.1250                      20080401                        16.1250                8.1250
     33607                      158,320.00                                             80.00   No MI                  100062700110954706              8.1250                      20080501                        16.1250                8.1250
     33607                      39,543.75                                            100.00    No MI                  100062700110954714              0.0000                                                       0.0000                0.0000
     33542                      279,639.17                                             80.00   No MI                  100062700112804412              6.6250                      20080401                        14.6250                6.6250
     33542                      69,931.15                                            100.00    No MI                  100062700112804610              0.0000                                                       0.0000                0.0000
     29464                      154,000.00                                             80.00   No MI                  100062701215178407              8.3750                      20080401                        16.3750                8.3750
     29464                      38,466.18                                            100.00    No MI                  100062701215178423              0.0000                                                       0.0000                0.0000
     30060                      28,280.00                                            100.00    No MI                  100062700121564098              0.0000                                                       0.0000                0.0000
     55070                      59,582.55                                              98.68   No MI                  100062700121599722              0.0000                                                       0.0000                0.0000
     33711                      120,488.68                                             95.00   No MI                  100062700140404938              9.5000                      20090401                        16.5000                9.5000
     34758                      127,644.10                                             67.72   No MI                  100062700140826551              8.3750                      20080101                        17.6250                8.3750
     70809                      74,354.67                                            100.00    No MI                  100062700310711476              0.0000                                                       0.0000                0.0000
     55426                      229,500.00                                             90.00   No MI                  100386100002156750              5.5000                      20080601                        14.7300                8.7300
     89109                      172,500.00                                             69.00   No MI                  100137306050026512              5.5000                      20080601                        15.2200                9.2200
     19365                      141,185.04                                             52.29   No MI                  100076500000197034              5.5000                      20080501                        13.4800                7.4800
     18104                      134,775.33                                             95.00   No MI                  100232600000061817              5.5000                      20080501                        15.0700                5.5000
     33565                      359,810.90                                             90.00   No MI                  100389160000110958              5.5000                      20080501                        15.6900                9.6900
     46184                      21,825.11                                            100.00    No MI                  100202930603140189              0.0000                                                       0.0000                0.0000
     84108                      310,112.13                                             85.00   No MI                  100060806050048979              5.5000                      20080601                        14.8800                8.8800
     91766                      407,685.72                                             80.00   No MI                  100144600097450979              5.5000                      20080501                        14.4000                5.5000
     91766                      76,437.26                                              95.00   No MI                  100144600097451407              0.0000                                                       0.0000                0.0000
     93534                      323,100.00                                             90.00   No MI                  100153210603019348              5.7500                      20080501                        15.2500                5.7500
     95815                      242,250.00                                             85.00   No MI                  100144600097451050              5.5000                      20080501                        14.1250                8.1250
     92057                      283,734.11                                             49.82   No MI                  100144600097450714              5.7500                      20080501                        13.7250                7.7250
     8629                       147,727.69                                             93.67   No MI                  100028800011695532              7.8750                      20080401                        15.8750                7.8750
     8080                       189,935.96                                             77.82   No MI                  100028800011721379              8.0000                      20080401                        16.0000                8.0000
     7920                       588,377.48                                             85.00   No MI                  100028800011721585              7.7500                      20080401                        15.7500                7.7500
     7869                       469,210.93                                             95.00   No MI                  100028800011722971              7.0000                      20080401                        15.0000                7.0000
     7740                       363,779.85                                             90.00   No MI                  100028800011723722              7.6250                      20080501                        14.1250                7.6250
     19701                      265,476.92                                             95.00   No MI                  100028800011725107              7.6250                      20080401                        15.6250                7.6250
     8638                       147,025.17                                             95.00   No MI                  100028800011727012              7.3750                      20080501                        15.3750                7.3750
     7874                       157,560.76                                             74.53   No MI                  100028800011728986              5.8750                      20080401                        13.8750                5.8750
     19460                      177,728.24                                           100.00    No MI                  100028800011730123              7.3750                      20080501                        15.3750                7.3750
     37615                      118,808.58                                             83.80   No MI                  100028800011732459              7.1250                      20080501                        15.1250                7.1250
     63025                      169,693.93                                             90.00   No MI                  100028800011735544              6.6250                      20080401                        14.6250                6.6250
     18037                      189,559.73                                           100.00    No MI                  100028800011737961              8.0000                      20080401                        16.0000                8.0000
     21229                      100,865.40                                           100.00    No MI                  100028800011738613              9.3750                      20080401                        17.3750                9.3750
     7726                       259,642.69                                               61.18 No MI                  100028800011739819              7.8750                      20080501                        15.8750                7.8750
     7726                       111,846.10                                             80.00   No MI                  100028800011742250              7.8750                      20080501                        15.8750                7.8750
     20747                      304,346.83                                           100.00    No MI                  100028800011743548              7.8750                      20080401                        15.8750                7.8750
     21229                      99,748.78                                               29.41  No MI                  100028800011743696              6.3750                      20080401                        14.3750                6.3750
     19464                      396,021.70                                           100.00    No MI                  100028800011744173              7.5000                      20080401                        15.5000                7.5000
     19120                      142,176.82                                             95.00   No MI                  100028800011747481              7.2500                      20080501                        15.2500                7.2500
     19036                      148,218.69                                             84.86   No MI                  100028800011749644              6.5000                      20080501                        14.5000                6.5000
     16801                      408,000.00                                             80.00   No MI                  100195910001752552              7.2400                      20080401                        14.4900                7.4900
     33013                      279,389.71                                             80.00   No MI                  100195010001756790              7.3900                      20090501                        14.6400                7.6400
     33055                      248,000.00                                             80.00   No MI                  100195910001759227              7.5000                      20080501                        14.7900                7.7900
     53807                      86,227.96                                              90.00   No MI                  100195910001769598              7.5000                      20080401                        16.5000                9.5000
     33060                      74,863.86                                              40.54   No MI                  100195910001790834              7.1000                      20080501                        15.5400                8.5400
     34953                      244,050.00                                             79.99   No MI                  100195910001805012              7.5000                      20080501                        15.7900                8.7900
     33825                      67,109.88                                              70.00   No MI                  100195910001859548              7.5000                      20090501                        16.9900                9.9900
     33155                      388,722.87                                             95.00   No MI                  100195910001864662              7.5000                      20080401                        16.4900                9.4900
     33147                      171,152.91                                             85.00   No MI                  100195910001868630              0.0000                                                       0.0000                0.0000
     33012                      132,567.79                                              37.16  No MI                  100105910001875023              0.0000                                                       0.0000                0.0000
     33309                      271,990.05                                             80.00   No MI                  100195910001877029              7.5000                      20080501                        16.7400                9.7400
     33155                      306,887.97                                             80.00   No MI                  100195910001878217              0.0000                                                       0.0000                0.0000
     33919                      278,719.72                                             90.00   No MI                  100195910001879785              7.5000                      20090501                        17.6000               10.6000
     33463                      219,200.00                                             80.00   No MI                  100195910001887648              7.4900                      20090501                        14.4900                7.4900
     33313                      84,883.81                                              77.27   No MI                  100195910001892952              7.5000                      20080501                        16.9000                9.9000
     33055                      109,815.95                                              46.81  No MI                  100195910001899346              0.0000                                                       0.0000                0.0000
     33067                      383,758.00                                             80.00   No MI                  100195910001901282              7.2900                      20090401                        14.5400                7.5400
     33168                      228,661.64                                             85.00   No MI                  100195910001930158              0.0000                                                       0.0000                0.0000
     33168                      212,927.41                                             80.00   No MI                  100195910001931651              7.0000                      20090401                        14.2500                7.2500
     33147                      51,943.72                                              40.00   No MI                  100195910001939225              7.5000                      20080501                        17.9900               10.9900
     33014                      272,012.44                                             70.36   No MI                  100195910001947004              0.0000                                                       0.0000                0.0000
     33167                      137,804.87                                             75.00   No MI                  100195910001947087              7.5000                      20090501                        16.7400                9.7400
     33936                      48,615.03                                              94.99   No MI                  100195910001951303              0.0000                                                       0.0000                0.0000
     33313                      145,522.48                                             90.00   No MI                  100195910001953051              7.5000                      20080501                        16.5400                9.5400
     32819                      161,676.45                                             57.45   No MI                  100195910001953267              7.5000                      20090501                        15.8900                8.8900
     33319                      84,883.81                                              48.85   No MI                  100195910001953770              7.0000                      20090501                        16.9000                9.9000
     33165                      158,413.63                                              36.14  No MI                  100195910001955973              0.0000                                                       0.0000                0.0000
     33176                      94,801.58                                              50.00   No MI                  100195910001964397              0.0000                                                       0.0000                0.0000
     33023                      157,331.61                                             80.00   No MI                  100195910001966699              7.5000                      20080501                        15.8500                8.8500
     33189                      274,044.26                                             95.00   No MI                  100195910001971186              7.5000                      20080501                        15.1300                8.1300
     32765                      248,764.07                                             80.00   No MI                  100195910001974909              7.2000                      20090501                        14.4500                7.4500
     33174                      199,504.34                                             80.00   No MI                  100195910001978884              6.7400                      20090501                        13.9900                6.9900
     33178                      351,000.00                                             90.00   No MI                  100195910001979049              7.5000                      20080501                        15.9900                8.9900
     2302                       294,695.07                                           100.00    No MI                  100195910001979353              6.9500                      20080501                        18.2000               11.2000
     33165                      281,600.00                                             80.00   No MI                  100195910001979890              6.2400                      20080501                        13.4900                6.4900
     33311                      157,600.00                                             80.00   No MI                  100195910001980971              7.1400                      20080501                        14.3900                7.3900
     33936                      191,729.14                                             79.99   No MI                  100195910001991291              7.5000                      20080501                        14.9000                7.9000
     32818                      131,726.50                                             80.00   No MI                  100195910001991614              7.5000                      20090501                        14.8900                7.8900
     33010                      305,334.70                                             88.70   No MI                  100195910001995284              0.0000                                                       0.0000                0.0000
     34472                      147,100.00                                             79.99   No MI                  100195910001995367              7.5000                      20080501                        16.2900                9.2900
     34472                      146,300.00                                             79.99   No MI                  100195910001995532              7.5000                      20080501                        16.2900                9.2900
     33023                      204,650.40                                              71.93  No MI                  100195910001996068              7.5000                      20090501                        16.5900                9.5900
     33179                      139,284.47                                             90.00   No MI                  100195910002002783              7.5000                      20090501                        15.8900                8.8900
     33177                      220,446.91                                             83.08   No MI                  100195910002003286              0.0000                                                       0.0000                0.0000
     33462                      46,169.32                                            100.00    No MI                  100195910002005042              0.0000                                                       0.0000                0.0000
     33309                      67,951.39                                            100.00    No MI                  100195910002006446              0.0000                                                       0.0000                0.0000
     16602                      57,544.05                                              90.00   No MI                  100195910002010943              7.5000                      20080501                        18.4900               11.4900
     33155                      392,000.00                                             80.00   No MI                  100195910002011099              7.5000                      20080501                        15.5500                8.5500
     33412                      375,149.16                                             80.00   No MI                  100195910002011164              7.2000                      20080501                        14.4500                7.4500
     33136                      123,012.12                                             85.00   No MI                  100195910002011255              0.0000                                                       0.0000                0.0000
     33012                      279,668.15                                             79.99   No MI                  100195910002015520              7.5000                      20090501                        15.1500                8.1500
     33186                      230,528.08                                             80.00   No MI                  100195910002016502              7.2900                      20090501                        14.5400                7.5400
     33407                      95,799.08                                              53.93   No MI                  100195910002018722              7.5000                      20090501                        14.8400                7.8400
     33177                      216,000.00                                             80.00   No MI                  100195910002019373              7.5000                      20090501                        14.7900                7.7900
     15367                      135,642.58                                             80.00   No MI                  100195910002025461              6.4400                      20080501                        13.6900                6.6900
     33147                      192,000.00                                             80.00   No MI                  100195910002028978              7.2400                      20080501                        14.4900                7.4900
     33126                      170,819.49                                             80.00   No MI                  100195910002029513              7.2900                      20080501                        14.5400                7.5400
     33032                      215,511.52                                             79.98   No MI                  100195910002029778              7.5000                      20080501                        14.9900                7.9900
     33023                      223,200.00                                             80.00   No MI                  100195910002030271              8.2500                      20080501                        15.2500                8.2500
     16150                      55,719.41                                              90.00   No MI                  100195910002032814              7.1000                      20080501                        16.6400                9.6400
     33068                      157,392.11                                             74.29   No MI                  100195910002033853              7.5000                      20080501                        15.8000                8.8000
     33024                      275,736.00                                             80.00   No MI                  100195910002037037              7.4000                      20080501                        14.6500                7.6500
     33025                      316,000.00                                             80.00   No MI                  100195910002037953              5.8900                      20080501                        13.1400                6.1400
     33016                      118,957.95                                             80.00   No MI                  100195910002040908              7.5000                      20080501                        14.9900                7.9900
     33907                      146,635.68                                             79.89   No MI                  100195910002041666              6.7400                      20080501                        13.9900                6.9900
     33178                      298,266.24                                             77.46   No MI                  100195910002042003              0.0000                                                       0.0000                0.0000
     34434                      203,992.26                                             89.98   No MI                  100195910002042623              7.5000                      20090501                        15.0900                8.0900
     33415                      94,328.35                                              80.00   No MI                  100195910002043969              7.5000                      20090501                        15.4500                8.4500
     15136                      46,299.31                                              90.00   No MI                  100195910002049974              7.5000                      20080501                        17.9400               10.9400
     33063                      216,000.00                                             90.00   No MI                  100195910002069436              7.5000                      20080501                        15.4400                8.4400
     33317                      215,771.13                                             80.00   No MI                  100195910001745598              7.0400                      20090501                        14.2900                7.2900
     33313                      191,612.91                                             80.00   No MI                  100195910001763690              7.5000                      20090401                        16.4400                9.4400
     30047                      131,200.00                                             80.00   No MI                  100195910001773822              6.8500                      20080401                        14.1000                7.1000
     28655                      50,308.70                                              90.00   No MI                  100195910001794141              7.5000                      20080401                        16.9500                9.9500
     20707                      224,753.84                                             69.99   No MI                  100195910001805798              7.0000                      20080401                        15.5500                8.5500
     23231                      246,892.60                                             90.00   No MI                  100195910001841504              7.5000                      20080401                        15.4900                8.4900
     33182                      289,147.86                                             83.82   No MI                  100195910001870123              7.5000                      20090401                        15.2900                8.2900
     6114                       224,504.90                                              79.51  No MI                  100195910001873598              0.0000                                                       0.0000                0.0000
     33025                      131,680.01                                             80.00   No MI                  100195910001874471              7.5000                      20090401                        15.5500                8.5500
     34983                      207,884.93                                             80.00   No MI                  100195910001874778              7.5000                      20080501                        14.9900                7.9900
     33162                      336,466.33                                             90.00   No MI                  100195910001886392              0.0000                                                       0.0000                0.0000
     33033                      203,833.44                                             80.00   No MI                  100195910001899601              7.5000                      20080501                        15.2000                8.2000
     70805                      64,723.73                                              90.00   No MI                  100195910001900441              0.0000                                                       0.0000                0.0000
     19142                      123,096.11                                             90.00   No MI                  100195910001901142              7.5000                      20080501                        15.6000                8.6000
     34945                      283,761.31                                             80.00   No MI                  100195910001910556              7.5000                      20090501                        15.1000                8.1000
     2860                       218,329.22                                             95.00   No MI                  100195910001913113              7.5000                      20080501                        15.3500                8.3500
     33907                      105,873.09                                             84.98   No MI                  100195910001914079              0.0000                                                       0.0000                0.0000
     33162                      198,639.75                                             84.79   No MI                  100195910001914392              0.0000                                                       0.0000                0.0000
     33023                      237,939.87                                             80.00   No MI                  100195910001917551              7.5000                      20080501                        15.2400                8.2400
     33023                      59,560.39                                            100.00    No MI                  100195910001917577              0.0000                                                       0.0000                0.0000
     23234                      34,772.32                                            100.00    No MI                  100195910001923419              0.0000                                                       0.0000                0.0000
     33613                      131,218.10                                             90.00   No MI                  100195910001929325              7.5000                      20080501                        16.8400                9.8400
     33174                      174,287.69                                             84.54   No MI                  100195910001929390              0.0000                                                       0.0000                0.0000
     39828                      88,078.21                                              90.00   No MI                  100195910001934986              7.5000                      20090501                        16.9500                9.9500
     33313                      182,035.57                                             73.00   No MI                  100195910001940520              7.5000                      20080501                        15.3900                8.3900
     33029                      349,530.64                                             59.32   No MI                  100195910001942245              7.5000                      20090501                        16.9900                9.9900
     33064                      268,650.00                                              87.51  No MI                  100195910001953622              7.5000                      20080501                        15.3900                8.3900
     33127                      183,597.04                                             80.00   No MI                  100195910001960874              7.5000                      20080501                        15.5900                8.5900
     33147                      215,637.05                                             90.00   No MI                  100195910001961831              7.5000                      20080501                        15.9150                8.9150
     6108                       156,000.00                                             80.00   No MI                  100195100019699933              7.5000                      20080501                        15.3500                8.3500
     33460                      227,753.60                                             80.00   No MI                  100195910001970188              6.9700                      20080501                        14.2200                7.2200
     48205                      107,802.32                                             89.26   No MI                  100195910001971921              7.5000                      20090501                        15.5000                8.5000
     33467                      371,687.34                                             80.00   No MI                  100195910001979833              7.5000                      20080501                        15.1000                8.1000
     27896                      193,205.48                                             89.79   No MI                  100195910001981458              7.5000                      20080501                        16.3900                9.3900
     48060                      71,900.31                                              90.00   No MI                  100195910001981490              7.5000                      20080501                        16.8400                9.8400
     33165                      351,217.66                                             80.00   No MI                  100195910001983215              7.2900                      20090501                        14.5400                7.5400
     33021                      230,536.64                                             70.00   No MI                  100195910001988289              7.5000                      20080501                        15.0500                8.0500
     33319                      145,493.98                                             55.00   No MI                  100195910001992083              7.5000                      20090501                        15.7000                8.7000
     19144                      74,244.27                                              80.00   No MI                  100195910002000241              7.5000                      20080501                        14.8400                7.8400
     32907                      149,708.12                                             53.57   No MI                  100195910002000217              7.5000                      20080501                        15.2000                8.2000
     33147                      195,610.77                                             80.00   No MI                  100195910002007444              7.5000                      20080501                        15.1000                8.1000
     33023                      283,735.23                                             80.00   No MI                  100195910002008103              7.4900                      20080501                        14.7400                7.7400
     53224                      150,686.20                                             80.00   No MI                  100195910002008418              7.5000                      20080501                        15.4900                8.4900
     23237                      150,961.04                                             85.00   No MI                  100195910002008517              7.2500                      20090501                        14.5000                7.5000
     44706                      73,040.15                                              85.00   No MI                  100195910002011073              7.5000                      20090501                        15.8400                8.8400
     33313                      255,600.00                                             80.00   No MI                  100195910002011313              7.5000                      20080501                        14.9900                7.9900
     24013                      72,875.69                                              94.99   No MI                  100195910002012204              7.5000                      20080501                        15.8500                8.8500
     23605                      139,328.24                                           100.00    No MI                  100195910002012881              7.5000                      20090501                        17.3900               10.3900
     33909                      236,250.28                                             99.98   No MI                  100195910002015017              7.5000                      20080501                        15.8900                8.8900
     23703                      99,875.82                                              79.94   No MI                  100195910002015660              7.4000                      20090501                        17.3500               10.3500
     34982                      114,751.96                                             60.85   No MI                  100195910002022690              7.4400                      20080501                        14.6900                7.6900
     33322                      199,610.83                                             57.97   No MI                  100195910002022971              7.5000                      20080501                        15.2000                8.2000
     33463                      196,867.77                                             90.00   No MI                  100195910002025008              7.5000                      20090501                        17.8000               10.8000
     33161                      246,136.46                                              82.17  No MI                  100195910002025818              7.5000                      20090501                        16.5400                9.5400
     32207                      115,666.32                                             95.00   No MI                  100195910002026949              7.5000                      20090501                        17.6900               10.6900
     33426                      332,000.00                                             80.00   No MI                  100195910002027236              6.8900                      20080501                        14.1400                7.1400
     34134                      216,000.00                                             80.00   No MI                  100195910002032111              7.5000                      20090501                        15.7400                8.7400
     33135                      359,312.20                                             80.00   No MI                  100195910002032368              7.5000                      20080501                        15.2900                8.2900
     18032                      104,883.13                                           100.00    No MI                  100195910002032418              7.0000                      20090501                        17.8600               10.8600
     33135                      89,937.44                                            100.00    No MI                  100195910002032376              0.0000                                                       0.0000                0.0000
     32824                      207,660.31                                             79.99   No MI                  100195910002033481              6.7400                      20080501                        13.9900                6.9900
     33063                      318,400.00                                             80.00   No MI                  100195910002035452              6.4900                      20090501                        13.7400                6.7400
     28215                      55,527.01                                              80.00   No MI                  100195910002038852              7.4000                      20080501                        17.0900               10.0900
     19141                      62,335.28                                              90.00   No MI                  100195910002050311              7.5000                      20080501                        15.3400                8.3400
     34946                      269,855.58                                             85.00   No MI                  100195910001996340              7.5000                      20090501                        15.6250                8.6250
     33023                      205,600.00                                             80.00   No MI                  100195910001992331              7.5000                      20080501                        15.4500                8.4500
     34946                      112,282.19                                             75.00   No MI                  100195910002034588              7.5000                      20080501                        15.2250                8.2250
     27265                      22,786.61                                              99.97   No MI                  100195910000429400              0.0000                                                       0.0000                0.0000
     30238                      91,440.75                                              75.00   No MI                  100195910001652372              7.5000                      20080501                        15.9900                8.9900
     48202                      77,457.97                                              80.00   No MI                  100195910001738890              7.5000                      20090401                        16.9000                9.9000
     33852                      160,000.00                                             80.00   No MI                  100195910001774564              7.5000                      20080401                        14.9000                7.9000
     47804                      82,324.77                                            100.00    No MI                  100195910001787343              7.3000                      20080401                        16.1900                9.1900
     33611                      199,474.39                                             80.00   No MI                  100195910001810046              6.4400                      20090501                        13.6900                6.6900
     33556                      326,528.76                                              77.12  No MI                  100195910001808883              7.5000                      20090501                        16.6500                9.6500
     48328                      30,855.03                                              99.97   No MI                  100195910001809675              0.0000                                                       0.0000                0.0000
     33617                      159,671.94                                             80.00   No MI                  100195910001817645              7.4000                      20080501                        14.6500                7.6500
     1010                       274,239.82                                             55.56   No MI                  100195910001839573              7.2500                      20080401                        15.2000                8.2000
     48189                      166,246.58                                             90.00   No MI                  100195910001845679              7.5000                      20080501                        16.3900                9.3900
     48189                      166,259.55                                             90.00   No MI                  100195910001848178              7.5000                      20080501                        16.6400                9.6400
     48204                      71,915.07                                              90.00   No MI                  100195910001904781              7.5000                      20090501                        17.5900               10.5900
     28043                      53,488.17                                              90.00   No MI                  100195910001908188              7.2500                      20090501                        17.6900               10.6900
     32810                      149,692.97                                              71.43  No MI                  100195910001912412              0.0000                                                       0.0000                0.0000
     49028                      74,259.61                                              84.97   No MI                  100195910001922601              7.5000                      20090501                        17.4500               10.4500
     2905                       207,033.26                                             80.00   No MI                  100195910001922841              7.5000                      20090501                        15.2500                8.2500
     21221                      124,800.00                                             80.00   No MI                  100195910001930356              7.5000                      20080501                        15.6900                8.6900
     43004                      157,000.00                                             79.98   No MI                  100195910001951022              6.1500                      20090501                        13.4000                6.4000
     38141                      105,589.37                                             90.00   No MI                  100195910001953119              7.5000                      20080501                        16.4000                9.4000
     33810                      27,682.01                                              99.96   No MI                  100195910001970485              0.0000                                                       0.0000                0.0000
     48126                      152,733.58                                             90.47   No MI                  100195910001975971              7.5000                      20090501                        17.7500               10.7500
     46217                      85,600.00                                              80.00   No MI                  100195910001991408              6.7400                      20080501                        13.9900                6.9900
     48223                      57,665.72                                              75.00   No MI                  100195910001992778              7.5000                      20090501                        16.5900                9.5900
     46040                      104,873.71                                           100.00    No MI                  100195910001995573              7.2500                      20080501                        17.5000               10.5000
     32714                      320,000.00                                             80.00   No MI                  100195910002004987              7.2500                      20080501                        14.5000                7.5000
     21117                      244,143.07                                             94.99   No MI                  100195910002007907              7.5000                      20080501                        15.4000                8.4000
     20720                      322,943.68                                             80.00   No MI                  100195910002012295              7.5000                      20080501                        15.3000                8.3000
     33880                      384,988.29                                               95.11 No MI                  100195910002019423              7.5000                      20090501                        16.5400                9.5400
     48188                      301,308.77                                             85.00   No MI                  100195910002019605              7.5000                      20090501                        16.6900                9.6900
     48219                      56,601.23                                              90.00   No MI                  100195910002022260              8.7400                      20080501                        15.7400                8.7400
     33604                      141,343.49                                             80.00   No MI                  100195910002026022              7.5000                      20090501                        15.5500                8.5500
     34691                      138,670.20                                             89.99   No MI                  100195910002040973              7.5000                      20080501                        15.9900                8.9900
     34472                      141,336.87                                             79.99   No MI                  100195910002042490              6.7400                      20090501                        13.9900                6.9900
     34677                      207,615.37                                             80.00   No MI                  100195910002046673              7.5000                      20080501                        15.4500                8.4500
     44273                      146,706.97                                             70.00   No MI                  100195910002072463              7.5000                      20090501                        15.1000                8.1000
     85208                      197,827.40                                             85.00   No MI                  100195910001860744              7.5000                      20090501                        17.1750               10.1750
     85007                      104,917.68                                             75.00   No MI                  100195910001867657              7.5000                      20090501                        15.3400                8.3400
     78412                      94,351.59                                              90.00   No MI                  100195910002014150              7.5000                      20090501                        16.2400                9.2400
     20602                      179,200.00                                             79.68   No MI                  100195910002029430              7.5000                      20080501                        15.9400                8.9400
     33778                      137,419.45                                             90.00   No MI                  100195910001814345              7.5000                      20090401                        16.3900                9.3900
     60622                      84,842.51                                            100.00    No MI                  100195910000883077              0.0000                                                       0.0000                0.0000
     60110                      35,552.98                                            100.00    No MI                  100195910001656324              0.0000                                                       0.0000                0.0000
     60805                      43,836.57                                              99.98   No MI                  100195910001719429              0.0000                                                       0.0000                0.0000
     61081                      63,094.34                                              80.00   No MI                  100195910001773863              7.5000                      20080501                        15.9400                8.9400
     60177                      41,951.76                                            100.00    No MI                  100195910001798894              0.0000                                                       0.0000                0.0000
     60609                      35,219.43                                              95.00   No MI                  100195910001803017              0.0000                                                       0.0000                0.0000
     60446                      163,729.24                                             79.23   No MI                  100195910001804577              5.4000                      20080501                        16.0000                9.0000
     60015                      291,850.69                                             90.00   No MI                  100195910001845521              8.9500                      20080501                        15.9500                8.9500
     60506                      133,576.34                                             79.98   No MI                  100195910001848467              7.5000                      20080501                        15.9400                8.9400
     60506                      33,428.90                                              99.97   No MI                  100195910001848483              0.0000                                                       0.0000                0.0000
     60803                      123,249.39                                             95.00   No MI                  100195910001869364              5.1000                      20080501                        16.1000                9.1000
     60638                      41,932.81                                              95.00   No MI                  100195910001884553              0.0000                                                       0.0000                0.0000
     60641                      81,912.83                                            100.00    No MI                  100195910001901886              0.0000                                                       0.0000                0.0000
     60707                      157,494.87                                             80.00   No MI                  100195910001905044              5.5250                      20090501                        15.8900                8.8900
     60053                      201,684.07                                             58.55   No MI                  100195910001910218              5.3000                      20080501                        16.2600                9.2600
     53204                      111,395.19                                             85.85   No MI                  100195910001912958              5.4000                      20080501                        15.8500                8.8500
     60638                      51,757.99                                              99.92   No MI                  100195910001936577              0.0000                                                       0.0000                0.0000
     46041                      61,101.03                                              80.00   No MI                  100195910001937823              7.2000                      20090501                        16.1000                9.1000
     60181                      203,650.31                                             84.99   No MI                  100095910001943177              7.5000                      20090501                        16.8400                9.8400
     60827                      49,429.26                                              90.00   No MI                  100195910001947798              4.5000                      20080501                        16.6900                9.6900
     60104                      148,000.00                                             80.00   No MI                  100195910001952483              5.9500                      20080501                        13.8500                6.8500
     60644                      32,979.52                                              95.00   No MI                  100195910001956500              0.0000                                                       0.0000                0.0000
     60440                      176,083.70                                             90.00   No MI                  100195910001957920              5.5000                      20080501                        15.6000                8.6000
     60629                      250,556.86                                             85.00   No MI                  100195910001966566              5.6500                      20080501                        15.4000                8.4000
     60450                      235,476.32                                             94.99   No MI                  100195910001967713              7.5000                      20080501                        15.2500                8.2500
     60586                      191,874.71                                             89.98   No MI                  100195910001971061              5.7000                      20080501                        15.5000                8.5000
     60624                      256,000.00                                             80.00   No MI                  100195910001979171              6.1900                      20080501                        13.4400                6.4400
     60643                      172,520.31                                             95.00   No MI                  100195910001980567              0.0000                                                       0.0000                0.0000
     60438                      151,760.80                                             79.99   No MI                  100195910001982134              5.6000                      20080501                        14.8000                7.8000
     60139                      148,508.80                                             63.83   No MI                  100195910001989204              5.6500                      20090501                        15.6000                8.6000
     60139                      92,566.40                                              90.00   No MI                  100195910001995151              5.0600                      20080501                        16.6500                9.6500
     60194                      305,534.86                                             85.00   No MI                  100195910001998056              5.3750                      20090501                        16.5000                9.5000
     60632                      199,948.00                                             80.00   No MI                  100195910002012428              5.9900                      20080501                        13.2400                6.2400
     53215                      116,800.00                                             80.00   No MI                  100195910002015439              5.4000                      20080501                        15.2650                8.2650
     60090                      211,529.75                                             80.00   No MI                  100195910002016494              5.7000                      20080501                        14.5500                7.5500
     60148                      231,381.23                                             74.84   No MI                  100195910002026261              6.5000                      20080501                        13.9700                6.9700
     60104                      126,438.73                                             85.00   No MI                  100195910002034398              0.0000                                                       0.0000                0.0000
     60637                      260,780.58                                             95.00   No MI                  100195910002043738              5.5500                      20080501                        15.5900                8.5900
     18372                      151,068.81                                             80.00   No MI                  100195910001991036              7.5000                      20090501                        14.9900                7.9900
     6513                       275,450.48                                             92.00   No MI                  100195910001728685              7.5000                      20090401                        16.5000                9.5000
     23060                      138,775.23                                             74.33   No MI                  100195910002016460              7.5120                      20090501                        16.1000                9.1000
     24012                      118,807.56                                             78.29   No MI                  100195910001998676              7.5000                      20090501                        16.1000                9.1000
     23323                      168,510.62                                             75.00   No MI                  100195910002014242              7.5000                      20090501                        16.7250                9.7250
     8054                       143,054.77                                             80.00   No MI                  100091305100094722              6.2000                      20081201                        14.1000                7.1000
     53216                      115,423.17                                             85.00   No MI                  100170401483813681              7.5000                      20090401                        17.7400                7.5000
     32780                      154,534.19                                             90.00   No MI                  100195910001979502              7.5000                      20080401                        17.2000               10.2000
     92335                      247,397.57                                             80.00   No MI                  100364320060000320              7.5000                      20080401                        15.5400                7.5000
     33612                      141,299.21                                             80.00   No MI                  100195910001943896              7.5000                      20090401                        16.1900                9.1900
     89115                      204,800.00                                             80.00   No MI                  100073020061111660              7.1000                      20090301                        13.6000                7.1000
     95322                      237,669.47                                             67.80   No MI                  100073000060124963              6.2500                      20090201                        12.7500                6.2500
     15668                      122,115.23                                             85.00   No MI                  100073020061132278              7.7500                      20080401                        14.7500                7.7500
     92503                      204,020.05                                             56.94   No MI                  100073020051179289              8.7500                      20071201                        14.7500                8.7500
     93012                      522,351.98                                             70.00   No MI                  100073000051223220              6.4500                      20090201                        12.9500                6.9500
     7064                       267,070.31                                             80.00   No MI                  100073020051248357              7.9000                      20090301                        13.9000                7.9000
     63114                      121,297.50                                             90.00   No MI                  100195910001972739              7.5000                      20080401                        17.3400                7.5000
     93560                      380,000.00                                             80.00   No MI                  100073020061120653              6.4900                      20090301                        12.9900                6.9900
     93550                      154,363.54                                             46.97   No MI                  100073020061131312              6.5500                      20080301                        13.0500                6.5500
     91402                      293,247.10                                             57.67   No MI                  100073020061112841              6.1800                      20080301                        12.6800                6.1800
     33612                      35,366.74                                            100.00    No MI                  100195910001993644              0.0000                                                       0.0000                0.0000
     91343                      516,000.00                                             80.00   No MI                  100073020061152177              7.4900                      20090301                        13.9900                7.4900
     17552                      171,565.65                                             80.00   No MI                  100244900000036835              7.3500                      20080401                        14.3500                7.3500
     2124                       378,650.99                                              74.51  No MI                  100244900000037361              0.0000                                                       0.0000                0.0000
     92316                      430,360.62                                             90.00   No MI                  100350620002252103              6.2000                      20080301                        13.4500                7.4500
     91335                      319,250.00                                             89.93   No MI                  100073020061140909              6.8750                      20090301                        13.3750                6.8750
     90031                      511,401.71                                             90.00   No MI                  100350620002240207              7.9900                      20080201                        15.3350                9.3350
     34953                      215,061.07                                             80.00   No MI                  100244900000037643              7.4000                      20080401                        14.4000                7.4000
     15228                      126,400.00                                             80.00   No MI                  100244900000037742              0.0000                                                       0.0000                0.0000
     34953                      53,819.31                                            100.00    No MI                  100244900000037668              0.0000                                                       0.0000                0.0000
     22657                      200,000.00                                             80.00   No MI                  100244900000038054              7.9900                      20090401                        14.9900                7.9900
     64053                      62,311.71                                              80.00   No MI                  100195910001861379              7.0000                      20080501                        18.8500               11.8500
     64030                      119,661.36                                             80.00   No MI                  100195910001860215              7.5000                      20090401                        14.8000                7.8000
     77016                      58,127.75                                              90.00   No MI                  100195910001875361              6.5000                      20080501                        17.5500               10.5500
     77093                      68,276.47                                              80.00   No MI                  100195910001943839              0.0000                                                       0.0000                0.0000
     77044                      21,070.61                                            100.00    No MI                  100195910001962862              0.0000                                                       0.0000                0.0000
     76134                      106,978.19                                             79.99   No MI                  100195910001975310              7.0000                      20090501                        15.8700                8.8700
     63107                      107,781.14                                             80.00   No MI                  100195910001981474              7.5000                      20090501                        15.0000                8.0000
     75765                      75,470.26                                              80.00   No MI                  100195910001995110              7.0000                      20080501                        16.2500                9.2500
     75765                      18,856.24                                            100.00    No MI                  100195910001995417              0.0000                                                       0.0000                0.0000
     75006                      93,317.08                                              79.95   No MI                  100195910001996225              0.0000                                                       0.0000                0.0000
     77069                      102,440.54                                             90.00   No MI                  100195910002000761              7.0000                      20090501                        16.7400                9.7400
     77087                      63,727.80                                              80.00   No MI                  100195910002001074              0.0000                                                       0.0000                0.0000
     65616                      61,676.54                                              95.00   No MI                  100195910002005067              7.5000                      20080501                        17.5500               10.5500
     63137                      82,941.33                                            100.00    No MI                  100195910002007691              7.5000                      20090501                        18.8900               11.8900
     47327                      22,984.71                                            100.00    No MI                  100195910002013483              0.0000                                                       0.0000                0.0000
     77449                      97,358.26                                              80.00   No MI                  100195910002016858              7.5000                      20090501                        15.1500                8.1500
     77053                      71,074.68                                              80.00   No MI                  100195910002022096              7.0000                      20090501                        15.6900                8.6900
     77521                      24,629.28                                            100.00    No MI                  100195910002030255              0.0000                                                       0.0000                0.0000
     63136                      89,871.47                                              90.00   No MI                  100195910002032723              7.5000                      20080501                        16.7000                9.7000
     75069                      99,726.79                                              80.00   No MI                  100195910002035171              0.0000                                                       0.0000                0.0000
     76040                      114,973.56                                             80.00   No MI                  100195910002047853              7.5000                      20090501                        15.1500                8.1500
     78745                      96,370.60                                              56.27   No MI                  100195910002050717              6.7500                      20080501                        16.9900                9.9900
     75069                      71,350.11                                              80.00   No MI                  100195910002059783              7.2500                      20080501                        14.5400                7.5400
     63123                      137,596.34                                             94.99   No MI                  100195910002063496              7.5000                      20080501                        18.4500               11.4500
     64130                      51,924.88                                              80.00   No MI                  100195910002080516              7.2500                      20080501                        16.6400                9.6400
     62206                      77,474.25                                              80.00   No MI                  100195910002081829              7.5000                      20080501                        16.0900                9.0900
     7018                       173,367.70                                             57.87   No MI                  100195910001880874              7.5000                      20090501                        17.0000               10.0000
     8562                       182,476.75                                             85.00   No MI                  100195910002030404              7.5000                      20090501                        16.4750                9.4750
     8046                       134,759.15                                              63.17  No MI                  100195910002041013              7.5000                      20090501                        15.6250                8.6250
     78244                      98,206.58                                              80.00   No MI                  100195910001858045              0.0000                                                       0.0000                0.0000
     77033                      67,901.99                                              80.00   No MI                  100195910001918484              7.5000                      20090501                        16.6500                9.6500
     77365                      69,895.88                                              68.63   No MI                  100195910001985590              6.5000                      20090501                        16.5000                9.5000
     78250                      99,757.68                                              80.00   No MI                  100195910002004581              0.0000                                                       0.0000                0.0000
     77039                      91,656.48                                              80.00   No MI                  100185819992916476              0.0000                                                       0.0000                0.0000
     77530                      80,843.97                                              75.00   No MI                  100195910002044520              0.0000                                                       0.0000                0.0000
     18064                      234,763.70                                             65.28   No MI                  100195910001973646              0.0000                                                       0.0000                0.0000
     19124                      96,848.93                                               71.32  No MI                  100195910002027863              7.5000                      20090501                        16.0000                9.0000
     95829                      269,332.16                                             60.00   No MI                  100195910001878688              6.5000                      20090501                        14.0000                7.0000
     93274                      283,105.65                                             84.63   No MI                  100195910001912115              7.0000                      20090501                        14.2500                7.2500
     93274                      177,295.38                                             88.75   No MI                  100195910002002445              6.7400                      20090501                        13.9900                6.9900
     93257                      80,000.00                                              44.94   No MI                  100195910002024308              7.5000                      20090501                        14.8500                7.8500
     95301                      263,864.81                                              83.81  No MI                  100195910002036708              7.5000                      20090501                        16.7750                9.7750
     23141                      121,934.96                                             75.00   No MI                  100195910001747024              0.0000                                                       0.0000                0.0000
     23141                      127,919.49                                             75.00   No MI                  100195910001776759              0.0000                                                       0.0000                0.0000
     23224                      118,750.00                                             95.00   No MI                  100195910001805475              7.5000                      20090501                        15.9900                8.9900
     22043                      124,804.10                                             34.82   No MI                  100195910001991705              0.0000                                                       0.0000                0.0000
     23666                      128,159.90                                             85.00   No MI                  100195910002003765              0.0000                                                       0.0000                0.0000
     22963                      201,694.80                                           100.00    No MI                  100195910002033267              7.2500                      20090501                        16.4250                9.4250
     21214                      177,131.21                                              77.17  No MI                  100195910001787632              6.3500                      20090401                        16.3000                9.3000
     17057                      85,545.55                                              75.00   No MI                  100195910001926925              0.0000                                                       0.0000                0.0000
     17090                      131,137.80                                             78.62   No MI                  100195910001948382              7.0000                      20090501                        17.3750               10.3750
     90018                      368,757.61                                             67.89   No MI                  100195910001851875              0.0000                                                       0.0000                0.0000
     93535                      270,750.00                                             95.00   No MI                  100195910001947806              7.5000                      20080501                        15.9900                8.9900
     93535                      168,718.06                                             73.80   No MI                  100195910001974966              7.5000                      20090501                        15.9500                8.9500
     98607                      199,193.52                                             95.00   No MI                  100195910001907669              7.5000                      20080501                        16.3500                9.3500
     98367                      200,450.00                                             95.00   No MI                  100195910001968851              7.5000                      20080501                        16.2500                9.2500
     97222                      172,176.11                                             75.00   No MI                  100195910001994501              7.5000                      20080501                        15.3750                8.3750
     97206                      161,212.86                                             85.00   No MI                  100195910001994592              7.5000                      20090501                        16.4750                9.4750
     98391                      242,059.19                                             85.00   No MI                  100195910001999237              7.5000                      20080501                        14.9500                7.9500
     34652                      85,794.01                                              70.49   No MI                  100195910001563835              7.5000                      20090401                        16.4250                9.4250
     21061                      131,500.00                                              57.17  No MI                  100195910002004433              7.0000                      20090501                        14.2500                7.2500
     19713                      210,900.00                                             95.00   No MI                  100195910002043639              7.5000                      20090501                        15.7500                8.7500
     21061                      150,400.00                                             80.00   No MI                  100195910002022625              6.8750                      20080501                        14.8750                7.8750
     21146                      446,500.00                                             95.00   No MI                  100195910002025123              7.5000                      20090501                        15.3750                8.3750
     23453                      107,146.43                                             68.72   No MI                  100195910001861346              0.0000                                                       0.0000                0.0000
     22193                      187,498.82                                              63.13  No MI                  100195910002004136              7.3750                      20080501                        14.6250                7.6250
     23703                      158,218.50                                             90.00   No MI                  100195910002004409              6.5000                      20090501                        17.7250               10.7250
     43701                      142,101.15                                             90.00   No MI                  100195910001920910              0.0000                                                       0.0000                0.0000
     45150                      157,725.28                                           100.00    No MI                  100195910001954059              0.0000                                                       0.0000                0.0000
     43612                      82,855.70                                              80.58   No MI                  100195910001956237              0.0000                                                       0.0000                0.0000
     43611                      113,801.79                                             95.00   No MI                  100195910001995433              0.0000                                                       0.0000                0.0000
     43326                      79,361.77                                               78.71  No MI                  100195910001996381              0.0000                                                       0.0000                0.0000
     45240                      194,660.96                                           100.00    No MI                  100195910002019001              0.0000                                                       0.0000                0.0000
     80919                      489,148.08                                           100.00    No MI                  100195910001867814              7.5000                      20090501                        15.7500                8.7500
     80814                      231,551.14                                             74.84   No MI                  100195910002024456              0.0000                                                       0.0000                0.0000
     81419                      280,000.00                                             80.00   No MI                  100195910001985210              7.2500                      20080501                        14.5000                7.5000
     79416                      98,353.80                                              90.00   No MI                  100195910001888026              7.5000                      20090401                        16.5000                9.5000
     77083                      168,499.02                                             75.00   No MI                  100195910002009820              6.7000                      20090501                        16.5000                9.5000
     77013                      73,518.11                                               71.43  No MI                  100195910002055369              0.0000                                                       0.0000                0.0000
     77083                      98,009.27                                              80.00   No MI                  100195910001967218              0.0000                                                       0.0000                0.0000
     77591                      147,244.53                                             98.33   No MI                  100195910002029034              0.0000                                                       0.0000                0.0000
     77009                      110,758.22                                             46.44   No MI                  100195910002047861              0.0000                                                       0.0000                0.0000
     77033                      66,275.80                                              80.00   No MI                  100195910002055740              0.0000                                                       0.0000                0.0000
     78227                      57,500.37                                              80.00   No MI                  100195910002066317              0.0000                                                       0.0000                0.0000
     75077                      439,238.94                                             80.00   No MI                  100195910001862179              7.5000                      20090501                        15.7750                8.7750
     79360                      98,793.58                                              80.00   No MI                  100195910001880866              0.0000                                                       0.0000                0.0000
     75067                      155,691.02                                             80.00   No MI                  100195910001923781              7.5000                      20090501                        15.2750                8.2750
     75137                      110,563.23                                             94.62   No MI                  100195910001942989              7.0000                      20090501                        17.3750               10.3750
     75142                      63,084.92                                              80.00   No MI                  100195910001943060              0.0000                                                       0.0000                0.0000
     76712                      79,050.77                                              80.00   No MI                  100195910001950198              0.0000                                                       0.0000                0.0000
     75707                      91,814.51                                              80.00   No MI                  100195910001971731              7.5000                      20090501                        15.0250                8.0250
     76710                      79,835.11                                              80.00   No MI                  100195910001971988              7.5000                      20090501                        15.7000                8.7000
     75013                      287,512.03                                             80.00   No MI                  100195910001979718              7.5000                      20090501                        15.8750                8.8750
     76063                      399,103.84                                             80.00   No MI                  100195910001982860              7.2500                      20090501                        14.5000                7.5000
     76262                      148,262.34                                             90.00   No MI                  100195910002037078              7.0000                      20090501                        16.1500                9.1500
     76567                      127,806.71                                             77.70   No MI                  100195910002037870              0.0000                                                       0.0000                0.0000
     93536                      441,000.00                                             90.00   No MI                  100195910001930950              7.5000                      20080401                        15.6000                8.6000
     93454                      279,924.93                                             65.88   No MI                  100195910001958290              6.1500                      20080501                        13.4000                6.4000
     93309                      203,873.07                                             85.00   No MI                  100195910001986259              7.5000                      20090501                        16.1250                9.1250
     78217                      82,889.61                                              80.00   No MI                  100195910001906711              0.0000                                                       0.0000                0.0000
     77478                      99,044.93                                              66.67   No MI                  100195910001948754              0.0000                                                       0.0000                0.0000
     99337                      123,746.57                                             80.00   No MI                  100195910001730228              7.5000                      20090401                        16.3750                9.3750
     98445                      184,268.90                                             90.00   No MI                  100195910001832396              7.0000                      20090501                        17.3500               10.3500
     98408                      174,172.74                                             80.00   No MI                  100195910001896276              7.5000                      20090501                        17.1250               10.1250
     99037                      229,500.00                                             85.00   No MI                  100195910001911133              7.2250                      20090501                        14.7250                7.7250
     98328                      244,687.37                                             70.00   No MI                  100195910001912271              6.3750                      20090501                        13.6250                6.6250
     97702                      304,300.00                                             85.00   No MI                  100195910001992273              7.2250                      20090501                        14.4750                7.4750
     98597                      175,500.00                                             90.00   No MI                  100195910002039793              7.5000                      20080501                        15.4750                8.4750
     95380                      68,555.10                                            100.00    No MI                  100195910000817141              0.0000                                                       0.0000                0.0000
     98503                      40,935.96                                            100.00    No MI                  100195910001581951              0.0000                                                       0.0000                0.0000
     95307                      73,485.03                                            100.00    No MI                  100195910001633455              0.0000                                                       0.0000                0.0000
     98387                      49,422.66                                            100.00    No MI                  100195910001636466              0.0000                                                       0.0000                0.0000
     98409                      136,281.10                                             67.24   No MI                  100195910001643942              7.7500                      20080501                        16.1400                9.1400
     93657                      42,932.80                                            100.00    No MI                  100195910001650681              0.0000                                                       0.0000                0.0000
     93727                      61,853.22                                              99.98   No MI                  100195010001661068              0.0000                                                       0.0000                0.0000
     95351                      58,907.80                                            100.00    No MI                  100195910001661878              0.0000                                                       0.0000                0.0000
     95209                      84,823.24                                            100.00    No MI                  100195910001669376              0.0000                                                       0.0000                0.0000
     95313                      57,909.38                                            100.00    No MI                  100195910001670705              0.0000                                                       0.0000                0.0000
     95660                      62,701.90                                            100.00    No MI                  100195910001674012              0.0000                                                       0.0000                0.0000
     94803                      91,848.17                                            100.00    No MI                  100195910001676231              0.0000                                                       0.0000                0.0000
     93728                      35,943.57                                            100.00    No MI                  100195910001677296              0.0000                                                       0.0000                0.0000
     95838                      49,921.85                                            100.00    No MI                  100195910001687220              0.0000                                                       0.0000                0.0000
     98074                      68,900.17                                            100.00    No MI                  100195910001750499              0.0000                                                       0.0000                0.0000
     95838                      66,916.64                                            100.00    No MI                  100195910001800849              0.0000                                                       0.0000                0.0000
     95350                      70,901.63                                            100.00    No MI                  100195910001803264              0.0000                                                       0.0000                0.0000
     93728                      40,949.02                                            100.00    No MI                  100195910001807828              0.0000                                                       0.0000                0.0000
     94533                      85,493.52                                            100.00    No MI                  100195910001812075              0.0000                                                       0.0000                0.0000
     98408                      34,956.48                                            100.00    No MI                  100195910001813826              0.0000                                                       0.0000                0.0000
     95301                      64,685.87                                            100.00    No MI                  100195910001816241              0.0000                                                       0.0000                0.0000
     95351                      291,589.27                                             80.00   No MI                  100195910001819401              7.7400                      20080501                        16.7650                9.7650
     93221                      96,801.86                                            100.00    No MI                  100195910001819583              0.0000                                                       0.0000                0.0000
     91790                      110,794.48                                           100.00    No MI                  100195910001838690              0.0000                                                       0.0000                0.0000
     95758                      522,399.94                                             80.00   No MI                  100195910001846065              7.8750                      20080501                        15.5900                8.5900
     95126                      142,822.14                                           100.00    No MI                  100195910001846552              0.0000                                                       0.0000                0.0000
     93722                      500,000.00                                             78.30   No MI                  100195910001854929              6.3750                      20090401                        14.0900                7.0900
     93722                      138,419.86                                           100.00    No MI                  100195910001855272              0.0000                                                       0.0000                0.0000
     94546                      109,863.18                                           100.00    No MI                  100195910001866139              0.0000                                                       0.0000                0.0000
     95348                      414,400.00                                             80.00   No MI                  100195910001897415              7.3750                      20080501                        15.0900                8.0900
     93306                      48,554.88                                            100.00    No MI                  100195910001905598              0.0000                                                       0.0000                0.0000
     95624                      500,000.00                                             70.42   No MI                  100195910001916132              6.8750                      20090401                        14.5150                7.5150
     95624                      500,000.00                                             72.99   No MI                  100195910001916454              6.7500                      20080401                        14.4150                7.4150
     95624                      184,726.04                                           100.00    No MI                  100195910001916469              0.0000                                                       0.0000                0.0000
     94928                      447,200.00                                             80.00   No MI                  100195910001932527              7.2500                      20080501                        14.9900                7.9900
     95045                      517,500.00                                             90.00   No MI                  100195910001932428              7.6250                      20080501                        15.2650                8.2650
     84015                      96,799.50                                              80.00   No MI                  100195910001932519              6.3750                      20090501                        14.1250                7.1250
     95815                      224,000.00                                             80.00   No MI                  100195910001938102              7.0000                      20080501                        14.7650                7.7650
     95655                      392,000.00                                             80.00   No MI                  100195910001940652              7.2500                      20080501                        14.9900                7.9900
     95670                      279,240.18                                             80.00   No MI                  100195910001941528              7.0000                      20080401                        14.6400                7.6400
     95356                      268,000.00                                             80.00   No MI                  100195910001941742              6.8750                      20080401                        14.5150                7.5150
     95687                      305,700.00                                             64.29   No MI                  100195910001941882              7.3150                      20080501                        14.3150                7.3150
     95351                      250,882.16                                             79.99   No MI                  100195910001949661              7.2500                      20080501                        14.9900                7.9900
     95351                      62,689.12                                              99.98   No MI                  100195910001949828              0.0000                                                       0.0000                0.0000
     94553                      426,713.07                                             70.00   No MI                  100195910001957680              8.1250                      20080501                        15.8650                8.8650
     95127                      500,000.00                                             76.34   No MI                  100195910001959066              8.0000                      20080501                        15.6900                8.6900
     95127                      154,863.83                                           100.00    No MI                  100195910001959140              0.0000                                                       0.0000                0.0000
     93635                      435,574.72                                             80.00   No MI                  100195910001959488              7.0000                      20080501                        14.6650                7.6650
     95670                      344,000.00                                             80.00   No MI                  100195910001959769              8.0000                      20080501                        15.6400                8.6400
     95376                      368,559.23                                             90.00   No MI                  100195910001960601              7.2500                      20080401                        14.8900                7.8900
     94503                      59,870.23                                               10.53  No MI                  100195910001967440              6.5000                      20080501                        14.1400                7.1400
     95835                      311,200.00                                             80.00   No MI                  100195910001968109              8.1250                      20080401                        15.7900                8.7900
     95835                      77,705.32                                            100.00    No MI                  100195910001968174              0.0000                                                       0.0000                0.0000
     94591                      412,000.00                                             80.00   No MI                  100195910001969420              6.2500                      20080501                        14.0000                7.0000
     95111                      337,600.00                                             80.00   No MI                  100195910001969594              6.2500                      20080501                        13.9150                6.9150
     93215                      119,781.05                                              57.14  No MI                  100195910001972432              7.7500                      20080501                        15.5150                8.5150
     95948                      286,000.00                                             80.00   No MI                  100195910001973216              8.2500                      20080501                        15.2500                8.2500
     83687                      152,673.96                                             85.00   No MI                  100195910001974800              7.0000                      20080501                        14.7500                7.7500
     94533                      378,000.00                                             90.00   No MI                  100195910001975153              8.0000                      20080501                        15.7150                8.7150
     95315                      248,000.00                                             80.00   No MI                  100195910001983587              7.2500                      20080501                        14.9150                7.9150
     95315                      61,943.68                                            100.00    No MI                  100195910001983819              0.0000                                                       0.0000                0.0000
     94806                      383,575.56                                             80.00   No MI                  100195910009858548              0.0000                                                       0.0000                0.0000
     98042                      238,319.47                                             90.00   No MI                  100195910001986119              7.7500                      20080501                        15.4600                8.4600
     94603                      329,600.00                                             80.00   No MI                  100195910001986705              6.6250                      20080501                        14.2900                7.2900
     95363                      401,100.00                                             80.00   No MI                  100195910001987323              6.6250                      20110501                        14.2970                7.2970
     94565                      287,802.15                                             80.00   No MI                  100195910001987349              7.7500                      20080501                        15.7900                8.7900
     94565                      71,933.15                                            100.00    No MI                  100195910001987356              0.0000                                                       0.0000                0.0000
     94561                      342,616.28                                             80.00   No MI                  100195910001990145              6.8750                      20080501                        14.5900                7.5900
     94801                      330,909.57                                             80.00   No MI                  100195910001991341              7.2500                      20080501                        14.9530                7.9530
     94801                      82,723.11                                            100.00    No MI                  100195910001991515              0.0000                                                       0.0000                0.0000
     95126                      499,566.20                                             78.25   No MI                  100195910001996902              7.2500                      20080501                        14.9900                7.9900
     83442                      19,981.43                                            100.00    No MI                  100195910001998841              0.0000                                                       0.0000                0.0000
     95453                      260,000.00                                             80.00   No MI                  100195910001998783              7.6250                      20080501                        16.1650                9.1650
     95453                      64,939.65                                            100.00    No MI                  100195910001998908              0.0000                                                       0.0000                0.0000
     95334                      180,000.00                                             80.00   No MI                  100195910001999104              7.2500                      20080501                        14.9900                7.9900
     93905                      344,000.00                                             80.00   No MI                  100195910002001686              6.8750                      20080501                        14.5150                7.5150
     94806                      384,000.00                                             80.00   No MI                  100195910002001991              7.3750                      20080501                        15.0900                8.0900
     95820                      244,000.00                                             80.00   No MI                  100195110002002007              7.1250                      20080501                        14.8500                7.8500
     95205                      283,954.26                                             90.00   No MI                  100195910002008954              9.2500                      20080501                        16.2500                9.2500
     98056                      216,732.97                                             80.00   No MI                  100195910002009838              6.6250                      20090501                        14.3750                7.3750
     95757                      347,995.32                                             80.00   No MI                  100195910002012998              7.2500                      20080501                        14.9150                7.9150
     95757                      86,918.41                                            100.00    No MI                  100195910002013137              0.0000                                                       0.0000                0.0000
     95354                      313,600.00                                             80.00   No MI                  100195910002014853              6.5000                      20080501                        14.2400                7.2400
     93702                      178,797.88                                             80.00   No MI                  100195910002017237              7.6250                      20080501                        15.3150                8.3150
     93702                      44,656.78                                            100.00    No MI                  100195910002077286              0.0000                                                       0.0000                0.0000
     94546                      425,600.00                                             80.00   No MI                  100195910002017898              6.6250                      20080501                        14.2900                7.2900
     95351                      286,400.00                                             80.00   No MI                  100195910002028242              8.2500                      20080501                        15.8900                8.8900
     93657                      305,400.00                                             79.99   No MI                  100195910002036146              6.7500                      20090501                        14.4000                7.4000
     95376                      319,714.27                                             80.00   No MI                  100195910002036443              7.2500                      20080501                        14.8900                7.8900
     92344                      71,731.54                                            100.00    No MI                  100195910000824618              0.0000                                                       0.0000                0.0000
     80015                      38,456.09                                            100.00    No MI                  100195910001240616              0.0000                                                       0.0000                0.0000
     92301                      80,873.43                                              99.98   No MI                  100195910001317794              0.0000                                                       0.0000                0.0000
     92154                      368,000.00                                             80.00   No MI                  100195910001331621              8.8750                      20090101                        14.5750                7.5750
     80219                      37,141.92                                            100.00    No MI                  100195910001488520              0.0000                                                       0.0000                0.0000
     85019                      47,295.31                                              99.79   No MI                  100195910001502617              0.0000                                                       0.0000                0.0000
     92019                      99,073.30                                            100.00    No MI                  100195910001733669              0.0000                                                       0.0000                0.0000
     92154                      98,645.60                                            100.00    No MI                  100195910001736944              0.0000                                                       0.0000                0.0000
     92802                      121,049.25                                           100.00    No MI                  100195910001750051              0.0000                                                       0.0000                0.0000
     92867                      499,427.20                                             73.53   No MI                  100195910001755258              6.3750                      20080501                        14.0150                7.0150
     92867                      179,787.33                                           100.00    No MI                  100195910001758013              0.0000                                                       0.0000                0.0000
     90660                      394,665.18                                           100.00    No MI                  100195910001769432              7.5000                      20080401                        16.0650                9.0650
     85201                      35,744.08                                            100.00    No MI                  100195910001778755              0.0000                                                       0.0000                0.0000
     91768                      81,498.49                                            100.00    No MI                  100195910001779068              0.0000                                                       0.0000                0.0000
     97006                      179,728.89                                             80.00   No MI                  100195910001807315              8.0000                      20080501                        16.4400                9.4400
     93535                      225,094.42                                             85.00   No MI                  100195910001816290              7.7750                      20080401                        16.7500                9.7500
     89143                      65,718.15                                            100.00    No MI                  100195910001822322              0.0000                                                       0.0000                0.0000
     92019                      88,781.51                                            100.00    No MI                  100195910001846156              0.0000                                                       0.0000                0.0000
     89134                      71,910.43                                            100.00    No MI                  100195910001855413              0.0000                                                       0.0000                0.0000
     92545                      276,000.00                                             80.00   No MI                  100195910001860041              7.1250                      20080501                        14.7650                7.7650
     92545                      68,933.08                                            100.00    No MI                  100195910001860132              0.0000                                                       0.0000                0.0000
     92337                      319,783.74                                             80.00   No MI                  100195910001878662              0.0000                                                       0.0000                0.0000
     89120                      116,000.00                                             80.00   No MI                  100195910001880957              8.0000                      20090501                        15.7150                8.7150
     89121                      37,952.73                                            100.00    No MI                  100195910001886335              0.0000                                                       0.0000                0.0000
     85032                      287,780.73                                             90.00   No MI                  100195910001891830              7.7500                      20080501                        15.4400                8.4400
     92592                      286,390.05                                             80.00   No MI                  100195910001903346              6.7500                      20080401                        14.4650                7.4650
     90744                      500,000.00                                             76.92   No MI                  100195910001907107              7.3750                      20080501                        15.1150                8.1150
     92553                      288,450.57                                             85.00   No MI                  100195910001915712              7.2500                      20090501                        14.9900                7.9900
     92057                      288,000.00                                             80.00   No MI                  100195910001017346              6.5000                      20080501                        14.2270                7.2270
     89031                      280,000.00                                             80.00   No MI                  100195910001922874              7.6250                      20090501                        15.2650                8.2650
     92583                      279,591.36                                             80.00   No MI                  100195910001923815              7.8750                      20080501                        16.5900                9.5900
     92562                      359,200.00                                             80.00   No MI                  100195910001928327              7.7500                      20080501                        15.4150                8.4150
     92562                      89,716.63                                            100.00    No MI                  100195910001928434              0.0000                                                       0.0000                0.0000
     92404                      267,417.21                                             80.00   No MI                  100195910001945503              7.0000                      20080501                        14.6490                7.6490
     85219                      138,902.78                                             80.00   No MI                  100195910001946139              7.0000                      20080501                        14.7400                7.7400
     92879                      468,000.00                                             80.00   No MI                  100195910001948648              6.0000                      20080501                        13.7500                6.7500
     90706                      413,600.00                                             80.00   No MI                  100195910001948796              7.2500                      20080501                        14.9900                7.9900
     80231                      40,425.72                                              90.00   No MI                  100195910001955361              6.7500                      20080401                        16.8900                9.8900
     81022                      67,303.16                                              89.99   No MI                  100195910001965089              7.8750                      20090501                        16.6650                9.6650
     91402                      226,500.00                                             66.62   No MI                  100195910001963860              0.0000                                                       0.0000                0.0000
     85296                      201,824.76                                             80.00   No MI                  100195910001971285              7.2500                      20080501                        14.9900                7.9900
     91764                      328,000.00                                             80.00   No MI                  100195910001973950              6.2500                      20090501                        13.8950                6.8950
     92555                      394,250.00                                             95.00   No MI                  100195910001975609              7.3750                      20080501                        15.1250                8.1250
     93536                      325,750.00                                             80.00   No MI                  100195910001982936              7.1250                      20080501                        14.8150                7.8150
     85043                      176,800.00                                             80.00   No MI                  100195910001992943              7.7500                      20080501                        15.4150                8.4150
     91708                      320,000.00                                             80.00   No MI                  100195910002001298              7.7500                      20080501                        15.7900                8.7900
     92394                      335,200.00                                             80.00   No MI                  100195910002001983              7.7500                      20080501                        15.4500                8.4500
     92404                      260,000.00                                             80.00   No MI                  100195910002002189              6.5000                      20080501                        14.2500                7.2500
     85307                      239,578.28                                           100.00    No MI                  100195910002006388              8.0000                      20080501                        16.9900                9.9900
     93532                      344,000.00                                             80.00   No MI                  100195910002009291              7.6250                      20080501                        15.2650                8.2650
     92395                      279,862.78                                             85.00   No MI                  100195910002016999              7.6250                      20080501                        15.3500                8.3500
     89106                      197,596.96                                             80.00   No MI                  100195910002021395              6.3750                      20080501                        14.0900                7.0900
     93308                      271,757.12                                             80.00   No MI                  100195910002040205              7.2500                      20080501                        14.8900                7.8900
     85029                      159,200.00                                             80.00   No MI                  100195910002055633              6.0000                      20080501                        13.7400                6.7400
     94564                      518,300.00                                             73.00   No MI                  100195910001786444              5.8750                      20090501                        13.1250                6.1250
     95351                      238,573.63                                             78.36   No MI                  100195910001837965              7.5000                      20080501                        15.6250                8.6250
     94014                      569,000.00                                             76.38   No MI                  100195910001934242              7.3000                      20090501                        14.5500                7.5500
     93223                      186,400.00                                             80.00   No MI                  100195910001975500              0.0000                                                       0.0000                0.0000
     85042                      206,617.15                                             75.00   No MI                  100195910001854697              7.4000                      20080401                        16.8500                9.8500
     86401                      135,000.00                                             72.97   No MI                  100195910001998940              7.5000                      20090501                        15.6000                8.6000
     85051                      75,000.00                                              38.46   No MI                  100195910002002122              6.7250                      20080501                        13.9750                6.9750
     85363                      93,832.32                                              59.68   No MI                  100195910002022658              0.0000                                                       0.0000                0.0000
     85363                      123,000.00                                             68.33   No MI                  100195910002040452              7.0000                      20080501                        14.2500                7.2500
     85033                      165,750.00                                             85.00   No MI                  100195910001966491              6.6250                      20090501                        13.8750                6.8750
     85037                      162,719.90                                             72.00   No MI                  100195910002008749              7.5000                      20080501                        14.7500                7.7500
     85706                      140,919.78                                           100.00    No MI                  100195910002007048              7.5000                      20080501                        16.4250                9.4250
     85019                      151,410.00                                             73.50   No MI                  100195910002031543              7.5000                      20080501                        15.1000                8.1000
     92071                      291,687.10                                             80.00   No MI                  100195910001847295              7.0000                      20080501                        14.2500                7.2500
     92532                      404,785.31                                             67.50   No MI                  100195910001999195              6.2300                      20090501                        13.4750                6.4750
     92234                      307,627.52                                             90.00   No MI                  100195910002007659              7.5000                      20080501                        16.4750                9.4750
     92071                      432,000.00                                             90.00   No MI                  100195910001987059              7.5000                      20080501                        14.9750                7.9750
     92530                      194,751.17                                             64.36   No MI                  100195910002002296              6.3750                      20090501                        13.6250                6.6250
     92220                      211,881.19                                             80.00   No MI                  100195910002054701              7.5000                      20080501                        16.4750                9.4750
     98516                      177,600.00                                             80.00   No MI                  100195910001934481              6.3750                      20090501                        13.6250                6.6250
     83686                      117,144.98                                             87.00   No MI                  100195910001960437              7.5000                      20080501                        15.0000                8.0000
     80620                      145,546.51                                             90.00   No MI                  100195910001945446              0.0000                                                       0.0000                0.0000
     80017                      179,874.86                                             94.24   No MI                  100195910002008525              0.0000                                                       0.0000                0.0000
     33175                      195,699.16                                             80.00   No MI                  100195910002042961              7.5000                      20090501                        16.3500                9.3500
     53223                      129,773.98                                           100.00    No MI                  100195910002061722              0.0000                                                       0.0000                0.0000
     93215                      207,363.14                                             90.00   No MI                  100195910001688814              7.5000                      20080401                        15.2400                8.2400
     80906                      25,560.02                                            100.00    No MI                  100195910001764557              0.0000                                                       0.0000                0.0000
     89178                      63,820.49                                            100.00    No MI                  100195910001836777              0.0000                                                       0.0000                0.0000
     85257                      59,725.60                                            100.00    No MI                  100195910001846248              0.0000                                                       0.0000                0.0000
     92582                      84,295.02                                            100.00    No MI                  100195910001865685              0.0000                                                       0.0000                0.0000
     85027                      143,625.08                                             79.99   No MI                  100195910001880742              7.6250                      20080501                        15.2900                8.2900
     85009                      89,787.68                                                51.14 No MI                  100195910001896318              0.0000                                                       0.0000                0.0000
     89115                      48,438.32                                            100.00    No MI                  100195910001938672              0.0000                                                       0.0000                0.0000
     85009                      139,874.98                                             80.00   No MI                  100195910001939233              7.8900                      20080501                        14.8900                7.8900
     85031                      159,882.55                                             80.00   No MI                  100195910002001272              7.8750                      20090501                        15.5650                8.5650
     89110                      224,000.00                                             80.00   No MI                  100195910002026873              7.5000                      20080501                        15.1250                8.1250
     89120                      121,500.00                                             90.00   No MI                  100195910002034885              7.5000                      20090501                        15.5000                8.5000
     90061                      312,761.89                                             74.64   No MI                  100195910001904617              7.0000                      20080501                        14.2500                7.2500
     60805                      172,699.22                                             73.62   No MI                  100195910001908873              0.0000                                                       0.0000                0.0000
     62650                      86,801.69                                            100.00    No MI                  100195910002014408              0.0000                                                       0.0000                0.0000
     48180                      142,168.44                                             95.00   No MI                  100195910001861106              7.5000                      20090401                        15.7500                8.7500
     61032                      89,843.52                                            100.00    No MI                  100195910001968232              0.0000                                                       0.0000                0.0000
     49045                      74,869.59                                            100.00    No MI                  100195910001982647              0.0000                                                       0.0000                0.0000
     49410                      146,444.94                                             90.00   No MI                  100195910001996415              7.5000                      20090501                        15.7500                8.7500
     61032                      71,624.61                                              92.00   No MI                  100195910001998296              0.0000                                                       0.0000                0.0000
     60107                      218,079.13                                             87.40   No MI                  100195910002063223              0.0000                                                       0.0000                0.0000
     46383                      81,809.24                                              77.36   No MI                  100195910001794562              0.0000                                                       0.0000                0.0000
     48203                      88,945.09                                              90.00   No MI                  100195910001881641              0.0000                                                       0.0000                0.0000
     46767                      103,095.46                                             85.00   No MI                  100195910001893307              0.0000                                                       0.0000                0.0000
     47432                      80,859.17                                              90.00   No MI                  100195910001899981              0.0000                                                       0.0000                0.0000
     47111                      94,832.92                                            100.00    No MI                  100195910001993842              0.0000                                                       0.0000                0.0000
     46208                      58,398.29                                              75.00   No MI                  100195910002030909              0.0000                                                       0.0000                0.0000
     75165                      135,654.42                                              77.71  No MI                  100195910001696270              6.4000                      20090501                        13.6500                6.6500
     79107                      45,648.38                                              75.00   No MI                  100195910001732943              6.7500                      20090401                        15.9750                8.9750
     75152                      131,068.19                                             80.00   No MI                  100195910001933707              7.0000                      20090501                        17.6000               10.6000
     77708                      223,650.76                                             80.00   No MI                  100195910001962888              7.5000                      20090501                        16.2750                9.2750
     56303                      99,129.34                                              68.08   No MI                  100195910001833683              0.0000                                                       0.0000                0.0000
     65605                      101,709.80                                             85.00   No MI                  100195910001936304              0.0000                                                       0.0000                0.0000
     64110                      77,226.27                                              92.00   No MI                  100195910001944423              0.0000                                                       0.0000                0.0000
     55118                      210,453.61                                             90.00   No MI                  100195910001983843              0.0000                                                       0.0000                0.0000
     63390                      129,909.64                                             80.62   No MI                  100195910001988081              0.0000                                                       0.0000                0.0000
     65401                      58,459.33                                              90.00   No MI                  100195910002004391              0.0000                                                       0.0000                0.0000
     63118                      77,795.90                                              75.00   No MI                  100195910002015371              0.0000                                                       0.0000                0.0000
     63136                      76,750.31                                              86.00   No MI                  100195910002017054              0.0000                                                       0.0000                0.0000
     55303                      180,830.08                                             82.34   No MI                  100195910002035544              0.0000                                                       0.0000                0.0000
     60130                      160,220.96                                             94.97   No MI                  100195910001850919              0.0000                                                       0.0000                0.0000
     60432                      237,586.20                                              97.14  No MI                  100195910001923575              0.0000                                                       0.0000                0.0000
     60473                      168,858.98                                             73.80   No MI                  100195910001944183              0.0000                                                       0.0000                0.0000
     60620                      154,873.46                                           100.00    No MI                  100195910001964660              0.0000                                                       0.0000                0.0000
     60428                      107,769.12                                             80.00   No MI                  100195910002008400              0.0000                                                       0.0000                0.0000
     60446                      304,371.71                                           100.00    No MI                  100195910002035619              5.5000                      20090501                        15.7500                8.7500
     60628                      132,907.53                                             95.00   No MI                  100195910002037151              0.0000                                                       0.0000                0.0000
     61554                      78,712.92                                              95.00   No MI                  100195910002075938              0.0000                                                       0.0000                0.0000
     32311                      123,828.15                                             80.00   No MI                  100195910002005331              7.3000                      20090501                        16.8500                9.8500
     32312                      107,859.26                                             80.00   No MI                  100195910002006560              0.0000                                                       0.0000                0.0000
     32547                      143,806.86                                              79.12  No MI                  100195910002030313              0.0000                                                       0.0000                0.0000
     70615                      247,223.99                                             90.00   No MI                  100195910001855603              7.5000                      20090501                        17.8500               10.8500
     70633                      62,626.59                                              95.00   No MI                  100195910001993495              0.0000                                                       0.0000                0.0000
     71220                      111,297.29                                             75.00   No MI                  100195910001889354              0.0000                                                       0.0000                0.0000
     70815                      148,315.58                                             90.00   No MI                  100195910001897217              7.5000                      20090501                        17.3500               10.3500
     70394                      99,812.24                                              67.84   No MI                  100195910001897837              0.0000                                                       0.0000                0.0000
     70471                      102,401.49                                             90.00   No MI                  100195910001961666              0.0000                                                       0.0000                0.0000
     70374                      79,766.39                                              65.00   No MI                  100195910001963902              7.5000                      20090501                        14.3750                7.3750
     70560                      102,146.71                                             80.00   No MI                  100195910002009143              0.0000                                                       0.0000                0.0000
     32818                      190,000.00                                             95.00   No MI                  100195910001906208              7.5000                      20110501                        15.6750                8.6750
     34711                      162,240.52                                             66.33   No MI                  100195910001955049              7.5000                      20090501                        15.7500                8.7500
     32773                      189,333.87                                             80.00   No MI                  100195910002016577              7.4000                      20090501                        16.7750                9.7750
     32773                      117,577.56                                             74.97   No MI                  100195910002019563              7.0000                      20090501                        17.2000               10.2000
     32805                      81,038.05                                              64.98   No MI                  100195910002055922              0.0000                                                       0.0000                0.0000
     37083                      25,620.19                                            100.00    No MI                  100195910001507717              0.0000                                                       0.0000                0.0000
     30310                      97,987.61                                              90.00   No MI                  100195910001947632              7.0000                      20090501                        17.7250               10.7250
     30011                      42,349.35                                            100.00    No MI                  100195910001994105              0.0000                                                       0.0000                0.0000
     30071                      115,253.85                                             78.57   No MI                  100195910002026048              7.5000                      20090501                        14.7500                7.7500
     30025                      171,627.77                                             89.53   No MI                  100195910002028713              7.5000                      20090501                        16.2000                9.2000
     11233                      430,156.96                                             80.00   No MI                  100038600000112186              6.6250                      20080101                        14.5750                8.5750
     11233                      80,838.26                                              95.00   No MI                  100038600000112178              0.0000                                                       0.0000                0.0000
     95993                      149,817.62                                             44.78   No MI                  100059400000009241              0.0000                                                       0.0000                0.0000
     33177                      446,250.00                                             75.00   No MI                  100203000152522168              5.5000                      20080501                        15.4700                9.4700
     90008                      22,518.20                                              85.00   No MI                  100153210604020519              0.0000                                                       0.0000                0.0000
     33155                      376,000.00                                             80.00   No MI                          0                       5.5000                      20080601                        14.6400                8.6400
     33155                      93,930.88                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     77017                      15,179.54                                            100.00    No MI                  100274130412173132              0.0000                                                       0.0000                0.0000
     72223                      239,763.06                                             80.00   No MI                  100437200606200027              5.5000                      20080701                        14.1250                8.1250
     93535                      228,000.00                                             80.00   No MI                  100144600097451225              5.5000                      20080501                        13.8750                7.8750
     19138                      224,892.77                                           100.00    No MI                  100467800000001567              5.5000                      20080701                        15.6500                9.6500
     97501                      306,000.00                                             79.90   No MI                  100386100002163061              5.5000                      20080601                        14.5200                8.5200
     85022                      238,125.00                                             75.00   No MI                  100386100002163350              5.5000                      20080601                        14.7500                8.7500
     33912                      325,200.00                                             80.00   No MI                  100386100002163921              5.5000                      20080601                        13.6500                7.6500
     40220                      204,000.00                                             79.38   No MI                  100330706050125583              5.5000                      20080601                        15.1400                9.1400
     48219                      62,938.42                                              90.00   No MI                  100059400000009308              5.5000                      20080601                        15.5500                9.5500
     22485                      299,266.35                                              61.28  No MI                  100031458006041512              5.5000                      20080501                        13.8750                7.8750
     23139                      364,000.00                                             80.00   No MI                  100022100149322893              5.5000                      20080601                        13.8600                7.8600
     23139                      90,948.24                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     33912                      40,650.00                                              90.00   No MI                  100386100002164630              0.0000                                                       0.0000                0.0000
     55379                      319,033.23                                             90.00   No MI                  100386100002165108              0.0000                                                       0.0000                0.0000
     85251                      159,761.52                                             80.00   No MI                  100386100002165975              5.5000                      20080601                        13.4950                5.5000
     63118                      102,193.78                                             80.00   No MI                  100386100002166437              5.5000                      20080601                        14.4300                8.4300
     94533                      319,324.67                                             90.00   No MI                  100389160000136136              5.5000                      20090601                        14.1600                8.1600
     93436                      295,200.00                                             80.00   No MI                  100322800006040473              5.5000                      20080601                        12.6800                6.6800
     55443                      192,000.00                                             80.00   No MI                  100261495709771509              4.3750                      20080401                        13.2500                7.2500
     37172                      94,882.63                                               79.17  No MI                  100144600097451373              5.5000                      20080501                        16.3750                5.5000
     92505                      371,975.20                                             80.00   No MI                  100144600097447645              5.5000                      20080501                        14.8000                8.8800
     92505                      92,923.25                                            100.00    No MI                  100144600097447652              0.0000                                                       0.0000                0.0000
     92591                      415,750.00                                             83.99   No MI                  100144600097451282              5.5000                      20080501                        12.6000                6.6000
     63118                      25,568.68                                            100.00    No MI                  100386100002166486              0.0000                                                       0.0000                0.0000
     90723                      291,471.07                                             80.00   No MI                  100094000000360011              7.6250                      20080201                        14.8750                7.8750
     90723                      72,867.92                                            100.00    No MI                  100094000000360458              0.0000                                                       0.0000                0.0000
     95687                      475,203.01                                             79.20   No MI                  100094000000360854              7.2500                      20080301                        14.5000                7.5000
     95687                      88,846.93                                               94.01  No MI                  100094000000362660              0.0000                                                       0.0000                0.0000
     22406                      250,359.53                                             85.00   No MI                  100094000000361647              8.2500                      20090301                        15.7500                8.7500
     89110                      216,555.64                                             85.00   No MI                  100094000000363122              8.1000                      20080401                        15.8750                8.8750
     92201                      249,581.39                                             66.67   No MI                  100094000000363387              7.0000                      20080301                        14.5000                7.5000
     98296                      361,081.80                                             80.00   No MI                  100094000000363742              6.7500                      20080401                        14.2500                7.2500
     93535                      247,499.66                                             90.00   No MI                  100094000000364856              7.1250                      20080401                        14.6250                7.6250
     85210                      229,333.52                                             80.00   No MI                  100094000000364914              7.5000                      20080401                        14.9900                7.9900
     85210                      57,335.14                                            100.00    No MI                  100094000000364922              0.0000                                                       0.0000                0.0000
     97351                      151,453.34                                             80.00   No MI                  100094000000365226              6.8750                      20080401                        14.3750                7.3750
     97351                      37,937.06                                            100.00    No MI                  100094000000365713              0.0000                                                       0.0000                0.0000
     91709                      604,371.89                                             74.69   No MI                  100094000000365432              7.8750                      20080401                        15.3750                8.3750
     95624                      359,736.26                                             90.00   No MI                  100094000000365697              7.5000                      20080401                        16.9900                9.9900
     89703                      518,937.23                                             80.00   No MI                  100094000000366018              8.8750                      20110401                        16.3750                9.3750
     91767                      181,748.21                                             49.59   No MI                  100094000000366398              0.0000                                                       0.0000                0.0000
     97527                      224,000.00                                             80.00   No MI                  100094000000366703              6.8750                      20080401                        14.1250                7.1250
     22625                      271,707.16                                             80.00   No MI                  100094000000366745              7.7500                      20080401                        15.2500                8.2500
     95354                      344,431.40                                             76.67   No MI                  100094000000367164              0.0000                                                       0.0000                0.0000
     85213                      311,975.75                                             90.00   No MI                  100094000000367420              7.8750                      20080401                        15.3750                8.3750
     89108                      240,000.00                                             80.00   No MI                  100094000000367834              6.8750                      20090401                        14.3750                7.3750
     89108                      59,932.18                                            100.00    No MI                  100094000000369319              0.0000                                                       0.0000                0.0000
     85249                      499,700.30                                             83.33   No MI                  100094000000368105              8.2500                      20080501                        16.2500                9.2500
     91701                      299,101.06                                              73.17  No MI                  100094000000368238              0.0000                                                       0.0000                0.0000
     94585                      420,000.00                                             80.00   No MI                  100094000000368352              7.3750                      20080501                        14.8750                7.8750
     94585                      104,901.12                                           100.00    No MI                  100094000000368360              0.0000                                                       0.0000                0.0000
     92231                      269,904.41                                             85.00   No MI                  100094000000369244              5.6250                      20080501                        13.1250                6.1250
     93591                      72,944.77                                            100.00    No MI                  100386100002167864              0.0000                                                       0.0000                0.0000
     23960                      89,933.13                                              90.00   No MI                  100386100002167740              5.5000                      20090701                        13.4950                7.4950
     85205                      206,795.55                                             72.63   No MI                  100258930060400368              6.0000                      20080601                        15.5000                9.5000
     15108                      150,801.79                                             89.88   No MI                  100258910060401681              5.5000                      20080601                        14.1250                8.1250
     85381                      408,000.00                                             80.00   No MI                  100351100015284375              5.5000                      20080601                        14.7500                8.7500
     23323                      157,595.30                                             80.00   No MI                  100386100002168862              5.5000                      20080601                        12.9950                5.5000
     22408                      195,213.87                                             85.00   No MI                  100386100002169050              5.5000                      20080601                        13.6200                7.6200
     23059                      89,942.39                                               31.03  No MI                  100212504000279649              5.5000                      20080601                        13.6250                7.6250
     30543                      107,120.00                                             80.00   No MI                  100184620160403052              6.7500                      20080501                        14.7500                8.7500
     45069                      187,728.36                                             80.00   No MI                  100330706040123094              5.5000                      20080601                        13.6500                7.6500
     10303                      286,945.29                                             80.00   No MI                  100284910150003775              7.8000                      20080201                        14.5500                8.5500
     30543                      26,761.01                                            100.00    No MI                  100184620160403060              0.0000                                                       0.0000                0.0000
     90002                      245,900.00                                             59.98   No MI                          0                       5.5000                      20080601                        13.7000                7.7000
     90047                      352,497.59                                             69.90   No MI                  100322800006040556              5.5000                      20080601                        13.7250                5.5000
     93550                      296,000.00                                             80.00   No MI                  100144600097451720              5.5000                      20080601                        14.5000                8.5000
     93550                      73,952.99                                            100.00    No MI                  100144600097451738              0.0000                                                       0.0000                0.0000
     85027                      185,600.00                                             80.00   No MI                          0                       5.5000                      20080601                        14.3300                8.3300
     7060                       288,739.38                                             85.00   No MI                  100386100002171130              5.5000                      20080601                        15.9300                9.9300
     84098                      250,000.00                                             52.08   No MI                  100099210605010037              5.5000                      20090601                        13.5800                7.5800
     55419                      259,764.03                                             80.00   No MI                  100261495730377698              5.5000                      20080601                        15.9000                9.9000
     7055                       439,954.38                                             89.09   No MI                  100135811051133789              5.5000                      20080301                        15.7500                9.7500
     34653                      206,536.25                                             79.92   No MI                  100255500000038306              6.5000                      20080501                        13.5000                7.5000
     33460                      117,843.29                                             55.00   No MI                  100195910001833592              6.5500                      20090401                        13.8000                6.8000
     15226                      54,916.08                                              73.33   No MI                  100195910001863680              7.5000                      20080401                        17.7500               10.7500
     15144                      66,124.72                                               73.61  No MI                  100195910001882854              0.0000                                                       0.0000                0.0000
     33071                      41,757.37                                            100.00    No MI                  100195910001884827              0.0000                                                       0.0000                0.0000
     33319                      89,833.20                                              90.00   No MI                  100195910001931420              0.0000                                                       0.0000                0.0000
     60617                      108,000.00                                             80.00   No MI                  100195910001934663              5.2500                      20090501                        15.9500                8.9500
     60617                      26,975.27                                            100.00    No MI                  100195910001934689              0.0000                                                       0.0000                0.0000
     33162                      275,592.01                                             80.00   No MI                  100195910001970139              6.8900                      20080401                        14.1400                7.1400
     33179                      342,000.00                                             90.00   No MI                  100195910001979593              7.5000                      20090501                        15.1500                8.1500
     33435                      247,427.56                                             80.00   No MI                  100195910002028440              7.1000                      20080501                        14.3500                7.3500
     33015                      126,400.00                                             80.00   No MI                  100195910002045584              6.9900                      20080501                        14.2400                7.2400
     33161                      169,941.57                                             75.00   No MI                  100195910002052325              7.5000                      20080501                        15.5500                8.5500
     15108                      103,822.87                                             80.00   No MI                  100195910002063033              7.5000                      20090501                        15.8500                8.8500
     33033                      202,696.41                                             80.00   No MI                  100195910002077926              6.7400                      20080501                        13.9900                6.9900
     16001                      115,770.12                                             80.00   No MI                  100195910002079583              7.5000                      20090501                        16.2500                9.2500
     33313                      234,740.25                                             82.46   No MI                  100195910002086273              6.8900                      20080501                        14.1400                7.1400
     15108                      28,975.33                                            100.00    No MI                  100195910002086430              0.0000                                                       0.0000                0.0000
     55040                      206,000.00                                             84.08   No MI                  100195910002103185              7.2500                      20090501                        14.5000                7.5000
     33437                      179,873.03                                             80.00   No MI                  100195910002105156              7.5000                      20090501                        15.7000                8.7000
     30094                      135,900.00                                             79.99   No MI                  100195910002118662              5.6000                      20090501                        13.3500                6.3500
     15226                      96,820.63                                              66.90   No MI                  100195910002126012              7.5000                      20080501                        15.4500                8.4500
     33183                      49,911.92                                            100.00    No MI                  100195910001753790              0.0000                                                       0.0000                0.0000
     33624                      269,530.41                                           100.00    No MI                  100195910001782245              7.5000                      20080401                        17.1400               10.1400
     33461                      37,943.10                                            100.00    No MI                  100195910001819740              0.0000                                                       0.0000                0.0000
     34113                      58,112.40                                            100.00    No MI                  100195910001845117              0.0000                                                       0.0000                0.0000
     19560                      18,562.00                                            100.00    No MI                  100195910001856486              0.0000                                                       0.0000                0.0000
     62703                      66,199.13                                              80.00   No MI                  100195910001887812              7.5000                      20080401                        15.1250                8.1250
     33442                      226,165.05                                             90.00   No MI                  100195910001917411              7.5000                      20090401                        14.8400                7.8400
     32824                      67,355.14                                              90.00   No MI                  100195910001920597              7.5000                      20090401                        16.1400                9.1400
     33054                      156,485.95                                             95.00   No MI                  100195910001929622              7.5000                      20090401                        17.2900               10.2900
     34473                      62,857.48                                              90.00   No MI                  100195910001953366              7.5000                      20080401                        16.9400                9.9400
     33176                      148,000.00                                             80.00   No MI                  100195910001961021              7.5000                      20090501                        15.4000                8.4000
     32808                      94,835.37                                              79.98   No MI                  100195910001961161              7.5000                      20090401                        14.8700                7.8700
     32808                      23,772.26                                            100.00    No MI                  100195910001961211              0.0000                                                       0.0000                0.0000
     33176                      36,962.90                                            100.00    No MI                  100195910001961245              0.0000                                                       0.0000                0.0000
     33019                      318,262.38                                             80.00   No MI                  100195910001970931              7.3500                      20080401                        14.6000                7.6000
     33415                      48,345.91                                            100.00    No MI                  100195910001975898              0.0000                                                       0.0000                0.0000
     33904                      39,982.04                                            100.00    No MI                  100195910001976094              0.0000                                                       0.0000                0.0000
     33073                      399,281.77                                             80.00   No MI                  100195910001976375              7.5000                      20080401                        16.9900                9.9900
     34982                      235,798.85                                             90.00   No MI                  100195910001983884              7.5000                      20080501                        15.9000                8.9000
     2920                       259,398.65                                             80.00   No MI                  100195910001999351              7.0900                      20090501                        14.3400                7.3400
     34744                      342,400.00                                             80.00   No MI                  100195910001999971              7.3400                      20080501                        14.5900                7.5900
     28166                      69,458.66                                              80.00   No MI                  100195910002013558              7.5000                      20080501                        14.9900                7.9900
     33024                      428,960.26                                             85.00   No MI                  100195910002037482              7.5000                      20080501                        15.8500                8.8500
     33168                      227,509.22                                             80.00   No MI                  100195910002040965              7.4500                      20080501                        14.7000                7.7000
     20747                      264,000.00                                              81.99  No MI                  100195910002041195              7.4400                      20080501                        14.6900                7.6900
     33401                      41,153.97                                            100.00    No MI                  100195910002046095              0.0000                                                       0.0000                0.0000
     30315                      119,790.95                                             80.00   No MI                  100195910002050535              7.5000                      20090501                        15.7400                8.7400
     33634                      151,200.00                                             80.00   No MI                  100195910002050550              7.5000                      20080501                        14.8500                7.8500
     33010                      251,724.90                                             80.00   No MI                  100195910002054867              7.0900                      20080501                        14.3400                7.3400
     43219                      44,930.07                                              90.00   No MI                  100195910002058728              7.5000                      20080501                        16.2900                9.2900
     33321                      236,000.00                                             78.67   No MI                  100195910002063587              6.7400                      20080501                        13.9900                6.9900
     33312                      199,770.09                                             80.00   No MI                  100195910002064353              6.7500                      20090501                        14.0000                7.0000
     33312                      49,956.56                                            100.00    No MI                  100195910002064486              0.0000                                                       0.0000                0.0000
     43612                      94,418.07                                              90.00   No MI                  100195910002070053              6.9500                      20090501                        19.0000               12.0000
     53206                      77,360.54                                              90.00   No MI                  100195910002070137              7.5000                      20080501                        16.7900                9.7900
     34759                      235,794.93                                             75.00   No MI                  100195910002081498              7.5000                      20080501                        15.2500                8.2500
     33138                      104,778.03                                             48.84   No MI                  100195910002088048              7.5000                      20080501                        14.7900                7.7900
     34761                      281,454.95                                             79.99   No MI                  100195910002088931              7.5000                      20080501                        14.8000                7.8000
     33610                      103,788.83                                             80.00   No MI                  100195910002092305              7.5000                      20080501                        14.9900                7.9900
     48042                      299,590.44                                             79.99   No MI                  100195910002093584              7.5000                      20080501                        14.9900                7.9900
     17104                      65,628.92                                              90.00   No MI                  100195910002093956              7.5000                      20080501                        17.9900               10.9900
     34744                      108,976.47                                             80.00   No MI                  100195910002096629              7.5000                      20080501                        14.9500                7.9500
     30344                      122,589.11                                             80.00   No MI                  100195910002099987              7.5000                      20090501                        15.8100                8.8100
     33129                      236,455.65                                             74.06   No MI                  100195910002103813              0.0000                                                       0.0000                0.0000
     33162                      224,300.35                                             80.00   No MI                  100195910002104761              7.2900                      20080501                        14.5400                7.5400
     32068                      212,821.25                                             85.00   No MI                  100195910002109182              6.7400                      20090501                        13.9900                6.9900
     48213                      59,881.81                                              80.00   No MI                  100195910002117888              7.5000                      20080501                        15.1400                8.1400
     33607                      159,944.07                                             80.00   No MI                  100195910002122177              7.5000                      20080501                        15.3900                8.3900
     33607                      39,967.48                                            100.00    No MI                  100195910002122276              0.0000                                                       0.0000                0.0000
     48198                      103,705.90                                             79.98   No MI                  100195910002125675              7.5000                      20090501                        15.4000                8.4000
     53215                      136,617.46                                             85.00   No MI                  100195910002130204              7.5000                      20090501                        15.8900                8.8900
     32907                      109,772.54                                             52.38   No MI                  100195910002131665              7.5000                      20080501                        14.9000                7.9000
     33023                      51,339.81                                            100.00    No MI                  100195910002048729              0.0000                                                       0.0000                0.0000
     27891                      62,888.31                                              90.00   No MI                  100195910001498834              7.5000                      20090401                        17.0500               10.0500
     38109                      83,069.13                                              90.00   No MI                  100195910001641284              7.2500                      20080401                        17.8000               10.8000
     49721                      65,572.73                                              90.00   No MI                  100195910001669947              7.5000                      20090301                        17.7000               10.7000
     38134                      53,025.51                                              90.00   No MI                  100195910001708414              7.2500                      20090401                        18.1400               11.1400
     1841                       287,323.08                                             80.00   No MI                  100195910001720070              7.2500                      20090401                        16.2500                9.2500
     56441                      198,818.34                                             95.00   No MI                  100195910001725343              0.0000                                                       0.0000                0.0000
     48219                      170,559.32                                             85.00   No MI                  100195910001726275              7.5000                      20090301                        18.3000               11.3000
     48223                      53,939.19                                              75.00   No MI                  100195910001735714              7.5000                      20080401                        19.1900               12.1900
     46035                      62,783.67                                              89.99   No MI                  100195910001782708              7.3500                      20080401                        16.8500                9.8500
     48192                      76,562.43                                              80.00   No MI                  100195910001794877              7.0900                      20090401                        14.3400                7.3400
     48192                      19,116.88                                            100.00    No MI                  100195910001794919              0.0000                                                       0.0000                0.0000
     46628                      51,351.76                                              70.00   No MI                  100195910001798969              7.5000                      20090401                        16.7000                9.7000
     32703                      27,959.21                                            100.00    No MI                  100195910001803611              0.0000                                                       0.0000                0.0000
     48237                      111,757.59                                             80.00   No MI                  100195910001813552              7.5000                      20080401                        16.1000                9.1000
     48127                      83,909.12                                              80.00   No MI                  100195910001816670              7.5000                      20080501                        17.9900               10.9900
     46952                      124,393.39                                             90.00   No MI                  100195910001821001              7.2500                      20080401                        16.3400                9.3400
     47129                      109,420.32                                             90.00   No MI                  100195910001850083              7.5000                      20090401                        16.7500                9.7500
     46237                      99,665.99                                              80.00   No MI                  100195910001850570              6.7000                      20080401                        13.9500                6.9500
     1104                       131,853.28                                             80.00   No MI                  100195910001853285              7.0000                      20080401                        15.1400                8.1400
     2905                       159,573.14                                             80.00   No MI                  100195910001856742              7.5000                      20080401                        15.0900                8.0900
     2905                       39,953.60                                            100.00    No MI                  100195910001856775              0.0000                                                       0.0000                0.0000
     20754                      326,487.04                                             85.00   No MI                  100195910001874257              7.5000                      20080401                        15.7400                8.7400
     1603                       235,463.25                                             80.00   No MI                  100195910001875445              6.7500                      20090401                        15.8600                8.8600
     28602                      122,788.34                                           100.00    No MI                  100195910001876278              7.5000                      20080401                        17.1900               10.1900
     27524                      299,081.20                                             78.95   No MI                  100195910001879033              7.1400                      20090401                        14.3900                7.3900
     2907                       215,200.00                                             80.00   No MI                  100195910001894123              7.2500                      20080401                        14.5000                7.5000
     46237                      24,958.78                                            100.00    No MI                  100195910001912776              0.0000                                                       0.0000                0.0000
     34711                      217,166.76                                             80.00   No MI                  100195910001912867              7.5000                      20090401                        16.5000                9.5000
     46807                      71,860.81                                              90.00   No MI                  100195910001919920              7.2500                      20080401                        16.6400                9.6400
     38116                      74,867.33                                            100.00    No MI                  100195910001926818              7.5000                      20090401                        17.0900               10.0900
     38127                      64,705.07                                              90.00   No MI                  100195910001929457              7.1250                      20080401                        17.9400               10.9400
     21221                      31,186.52                                            100.00    No MI                  100195910001930471              0.0000                                                       0.0000                0.0000
     2478                       199,604.87                                             32.79   No MI                  100195910001947988              7.1500                      20090501                        15.1250                8.1250
     46222                      58,420.76                                              90.00   No MI                  100195910001952350              7.2500                      20080401                        18.3000               11.3000
     49306                      183,054.19                                             94.00   No MI                  100195910001961153              7.5000                      20090501                        16.9900                9.9900
     33610                      37,757.74                                            100.00    No MI                  100195910001962623              0.0000                                                       0.0000                0.0000
     34984                      290,006.46                                             95.00   No MI                  100195910001965618              7.5000                      20090401                        15.9900                8.9900
     49307                      115,482.61                                             80.00   No MI                  100195910001972960              7.1900                      20090501                        14.4400                7.4400
     38141                      111,012.19                                             80.00   No MI                  100195910001992539              7.5000                      20080501                        15.8900                8.8900
     2907                       239,404.95                                             80.00   No MI                  100195910002000498              7.5000                      20090401                        15.4400                8.4400
     37857                      74,671.02                                              85.00   No MI                  100195910002007618              7.5000                      20090501                        15.7900                8.7900
     38141                      82,976.15                                              89.98   No MI                  100195910002029729              7.5000                      20080501                        16.4900                9.4900
     32750                      174,000.00                                             80.00   No MI                  100195910002032426              7.4000                      20080501                        14.6500                7.6500
     48205                      79,800.16                                               71.43  No MI                  100195910002036070              7.4900                      20090501                        14.7400                7.7400
     38135                      27,327.05                                              99.96   No MI                  100195910002059429              0.0000                                                       0.0000                0.0000
     46324                      76,390.02                                              90.00   No MI                  100195910002064023              7.2500                      20090501                        16.8500                9.8500
     33993                      229,435.35                                             73.02   No MI                  100195910002067810              6.8000                      20090501                        14.0500                7.0500
     20744                      280,000.00                                             80.00   No MI                  100195910002072075              7.4000                      20080501                        14.6500                7.6500
     43612                      13,090.79                                              94.97   No MI                  100195910002078692              0.0000                                                       0.0000                0.0000
     28667                      75,047.30                                              80.00   No MI                  100195910002080755              7.5000                      20080501                        14.9900                7.9900
     49506                      102,198.71                                             80.00   No MI                  100195910002081472              7.5000                      20090501                        15.1500                8.1500
     49506                      25,510.33                                            100.00    No MI                  100195910002081506              0.0000                                                       0.0000                0.0000
     33905                      79,080.54                                              76.84   No MI                  100195910002084781              7.5000                      20080501                        14.9500                7.9500
     44139                      220,834.67                                             85.00   No MI                  100195910002094095              7.5000                      20090501                        15.5000                8.5000
     21237                      215,199.67                                             80.00   No MI                  100195910002096736              7.5000                      20080501                        15.0000                8.0000
     34652                      105,531.33                                             75.00   No MI                  100195910002110131              7.5000                      20090501                        14.9000                7.9000
     33026                      278,536.90                                             80.00   No MI                  100195910001946121              7.5000                      20090401                        15.6500                8.6500
     33702                      28,367.55                                            100.00    No MI                  100195910001938839              0.0000                                                       0.0000                0.0000
     34748                      23,884.10                                            100.00    No MI                  100195910002022666              0.0000                                                       0.0000                0.0000
     17097                      97,846.42                                              78.40   No MI                  100195910002037961              7.5000                      20090501                        16.2500                9.2500
     32209                      106,083.14                                             85.00   No MI                  100195910002058744              7.5000                      20090501                        16.2400                9.2400
     60639                      335,505.04                                             89.84   No MI                  100195910001566622              6.2500                      20080201                        15.5900                8.5900
     60639                      321,229.04                                             80.00   No MI                  100195910001640187              6.2500                      20090301                        15.7900                8.7900
     60639                      60,221.20                                              95.00   No MI                  100195910001640286              0.0000                                                       0.0000                0.0000
     60435                      152,661.25                                             90.00   No MI                  100195910001817504              5.8000                      20080401                        15.9900                8.9900
     60629                      44,962.66                                            100.00    No MI                  100195910001828428              0.0000                                                       0.0000                0.0000
     60085                      107,753.85                                             80.00   No MI                  100195910001834442              5.5000                      20080401                        15.8500                8.8500
     60131                      193,078.38                                             80.00   No MI                  100195910001836033              6.1500                      20090401                        15.0400                8.0400
     60504                      39,704.57                                            100.00    No MI                  100195910001858722              0.0000                                                       0.0000                0.0000
     60628                      172,000.00                                             80.00   No MI                  100195910001861544              6.5000                      20090401                        15.0000                8.0000
     60619                      99,690.96                                              80.00   No MI                  100195910001871394              5.5500                      20080401                        14.9900                7.9900
     60641                      327,236.85                                             80.00   No MI                  100195910001901811              7.5000                      20080401                        15.7500                8.7500
     60707                      39,368.58                                            100.00    No MI                  100195910001905143              0.0000                                                       0.0000                0.0000
     60506                      145,189.09                                             80.00   No MI                  100195910001913931              7.5000                      20080401                        14.8000                7.8000
     60406                      27,977.17                                            100.00    No MI                  100195910002004862              0.0000                                                       0.0000                0.0000
     60804                      159,882.04                                             80.00   No MI                  100195910002008053              5.9000                      20090501                        15.5500                8.5500
     60804                      39,962.13                                            100.00    No MI                  100195910002008145              0.0000                                                       0.0000                0.0000
     61054                      100,574.16                                             80.00   No MI                  100195910002030560              5.9000                      20080501                        14.5000                7.5000
     60431                      268,000.00                                             80.00   No MI                  100195910002037557              6.2000                      20080501                        14.6000                7.6000
     60459                      170,080.07                                             80.00   No MI                  100195910002038209              5.9500                      20080501                        14.8500                7.8500
     60452                      239,923.37                                             90.00   No MI                  100195910002055575              5.6500                      20080501                        16.2500                9.2500
     60506                      315,200.00                                             80.00   No MI                  100195910002059965              5.7500                      20080501                        15.2500                8.2500
     60805                      217,158.15                                             80.00   No MI                  100195910002072349              6.1000                      20080501                        14.9900                7.9900
     60622                      324,669.00                                             89.04   No MI                  100195910002077579              6.0000                      20080501                        15.2500                8.2500
     60639                      307,772.94                                             80.00   No MI                  100195910002080326              6.0000                      20090501                        15.5500                8.5500
     60053                      204,317.80                                             79.98   No MI                  100195910002086836              6.0000                      20080501                        14.2500                7.2500
     60612                      300,222.96                                             79.58   No MI                  100195910002097411              5.9500                      20080501                        15.2700                8.2700
     60191                      179,565.17                                              51.87  No MI                  100195910002100504              6.1000                      20080501                        14.1200                7.1200
     60425                      127,406.00                                             85.00   No MI                  100195910002101197              5.4500                      20080501                        15.5500                8.5500
     60636                      250,528.01                                             94.62   No MI                  100195910002101296              5.9500                      20080501                        14.9200                7.9200
     60073                      122,945.27                                             80.00   No MI                  100195910002101502              7.5000                      20080501                        14.9000                7.9000
     60090                      161,978.30                                             90.00   No MI                  100195910002110263              5.7500                      20080501                        14.9900                7.9900
     60609                      74,894.16                                               68.18  No MI                  100195910002111071              5.5000                      20090501                        16.7500                9.7500
     60629                      175,200.00                                             80.00   No MI                  100195910002119470              5.6000                      20080501                        15.2500                8.2500
     60506                      140,000.00                                             80.00   No MI                  100195910002119975              7.5000                      20080501                        16.1900                9.1900
     60448                      95,931.29                                              80.00   No MI                  100195910002128240              5.6250                      20080501                        15.6500                8.6500
     60448                      23,976.98                                            100.00    No MI                  100195910002128281              0.0000                                                       0.0000                0.0000
     60623                      228,000.00                                             80.00   No MI                  100195910002139940              6.0000                      20080501                        15.4000                8.4000
     60623                      42,699.57                                              95.00   No MI                  100195910002140088              0.0000                                                       0.0000                0.0000
     60525                      60,809.01                                              95.00   No MI                  100195910002141615              0.0000                                                       0.0000                0.0000
     53140                      140,013.18                                             85.00   No MI                  100195910002143058              7.5000                      20080501                        15.9000                8.9000
     6112                       199,539.12                                             80.65   No MI                  100195910001745713              7.5000                      20090501                        15.2500                8.2500
     23513                      185,874.61                                             95.00   No MI                  100195910002117714              7.5000                      20090501                        15.7250                8.7250
     32168                      113,434.55                                             80.00   No MI                  100244400000634465              6.6000                      20080501                        15.6000                9.6000
     45238                      71,184.40                                              80.00   No MI                  100244400000624615              6.9900                      20080501                        15.9900                9.9900
     48205                      61,504.67                                              80.00   No MI                  100244400000625612              7.7000                      20080401                        16.7000               10.7000
     48336                      79,894.09                                              80.00   No MI                  100244400000636106              7.0500                      20080501                        16.0500               10.0500
     48135                      121,793.01                                             80.00   No MI                  100244400000634895              6.1000                      20080501                        15.1000                9.1000
     46237                      66,699.13                                              80.00   No MI                  100244400000631826              8.8000                      20080401                        16.8000               10.8000
     53143                      265,012.67                                             90.00   No MI                  100170401483814044              7.5000                      20080301                        17.9500                7.5000
     1109                       122,944.95                                             80.00   No MI                  100091306020106745              7.5000                      20080301                        17.3900                7.5000
     63301                      135,632.77                                             85.00   No MI                  100195910001835282              7.5000                      20080401                        17.2500                7.5000
     32907                      42,655.60                                            100.00    No MI                  100195910001903528              0.0000                                                       0.0000                0.0000
     32901                      25,775.76                                            100.00    No MI                  100195910001947186              0.0000                                                       0.0000                0.0000
     92880                      325,000.00                                             70.50   No MI                  100073020061107924              6.3000                      20090301                        12.8000                6.8000
     92675                      431,415.01                                             80.00   No MI                  100404006031721027              7.2000                      20090501                        14.4500                7.2000
     53227                      323,502.71                                             90.00   No MI                  100170401483815157              7.5000                      20080501                        16.3500                7.5000
     65631                      69,015.02                                              80.00   No MI                  100309706040000315              7.5000                      20080501                        16.4000                9.4000
     23602                      178,183.82                                             85.00   No MI                  100302504245900000              0.0000                                                       0.0000                0.0000
     30008                      59,900.74                                               63.16  No MI                  100204801000251192              6.5000                      20090501                        15.9900                8.9900
     64429                      70,915.73                                              80.00   No MI                  100195910001766172              7.5000                      20080401                        15.4900                8.4900
     77088                      94,284.62                                              90.00   No MI                  100195910001848616              7.5000                      20090401                        15.8500                8.8500
     77547                      75,736.38                                              79.98   No MI                  100195910001880353              7.2500                      20090401                        16.2700                9.2700
     75061                      90,985.17                                              80.00   No MI                  100195910001948937              7.0000                      20080401                        15.6900                8.6900
     64080                      91,628.16                                              85.00   No MI                  100195910001962284              7.5000                      20090501                        15.3900                8.3900
     48227                      71,886.93                                              90.00   No MI                  100195910001966533              7.5000                      20090501                        16.2400                9.2400
     64030                      130,309.25                                             90.00   No MI                  100195910001976201              7.5000                      20090401                        17.9500               10.9500
     64155                      115,031.87                                             90.00   No MI                  100195910001976920              7.5000                      20090501                        16.5900                9.5900
     77073                      87,792.71                                              80.00   No MI                  100195910001979981              7.0000                      20080401                        15.6900                8.6900
     75228                      70,312.58                                              80.00   No MI                  100195910002022583              6.5000                      20090501                        17.3500               10.3500
     75220                      103,568.51                                             79.98   No MI                  100195910002035775              0.0000                                                       0.0000                0.0000
     77084                      71,876.10                                              80.00   No MI                  100195910002038381              7.2500                      20090501                        15.8000                8.8000
     77449                      98,120.09                                              80.00   No MI                  100195910002043340              7.0000                      20080501                        15.5000                8.5000
     63031                      243,617.58                                             80.00   No MI                  100195910002052606              7.5000                      20080501                        16.2500                9.2500
     65721                      163,845.82                                             85.00   No MI                  100195910002065368              7.5000                      20090501                        17.3400               10.3400
     75040                      111,811.62                                             80.00   No MI                  100195910002068065              0.0000                                                       0.0000                0.0000
     79735                      89,912.68                                            100.00    No MI                  100195910002080854              6.2500                      20090501                        18.4900               11.4900
     63121                      78,166.36                                              90.00   No MI                  100195910002081910              7.5000                      20080501                        15.8400                8.8400
     77379                      43,940.48                                            100.00    No MI                  100195910002088477              0.0000                                                       0.0000                0.0000
     76108                      50,347.92                                              90.00   No MI                  100195910002094483              6.5000                      20090501                        18.2000               11.2000
     49509                      87,021.14                                              80.00   No MI                  100195910002096041              7.5000                      20090501                        14.9400                7.9400
     75228                      15,878.49                                            100.00    No MI                  100195910002097866              0.0000                                                       0.0000                0.0000
     76067                      63,884.60                                            100.00    No MI                  100195910002102831              6.5000                      20090501                        17.1400               10.1400
     77064                      19,024.25                                              99.95   No MI                  100195910002104548              0.0000                                                       0.0000                0.0000
     75074                      95,871.26                                              76.80   No MI                  100195910002106428              7.2500                      20090501                        16.9900                9.9900
     75248                      172,698.12                                             80.00   No MI                  100195910002119744              7.0000                      20080501                        16.6000                9.6000
     75180                      67,945.12                                              80.00   No MI                  100195910002122466              7.5000                      20090501                        15.2400                8.2400
     8059                       151,605.17                                             66.67   No MI                  100195910002030362              0.0000                                                       0.0000                0.0000
     8205                       103,524.83                                             80.00   No MI                  100195910002075870              7.5000                      20090501                        15.2500                8.2500
     7461                       107,767.07                                             34.62   No MI                  100195910002127994              7.4400                      20090501                        14.6900                7.6900
     77032                      111,763.81                                           100.00    No MI                  100195910001733743              0.0000                                                       0.0000                0.0000
     77535                      124,228.01                                             90.90   No MI                  100195910001835803              0.0000                                                       0.0000                0.0000
     77373                      103,284.90                                             90.00   No MI                  100195910002001694              7.5000                      20090501                        14.8750                7.8750
     78109                      153,687.93                                             98.09   No MI                  100195910002048604              6.5000                      20090501                        15.0000                8.0000
     17921                      62,175.12                                              75.00   No MI                  100195910002132853              7.0000                      20090501                        17.5000               10.5000
     95205                      288,000.00                                             80.00   No MI                  100195910002031634              7.5000                      20080501                        14.8500                7.8500
     93230                      158,500.00                                             68.32   No MI                  100195910002072893              6.8750                      20090501                        14.1250                7.1250
     93630                      61,503.45                                            100.00    No MI                  100195910002090382              0.0000                                                       0.0000                0.0000
     22153                      199,717.79                                             59.70   No MI                  100195910002010935              0.0000                                                       0.0000                0.0000
     23701                      125,744.69                                             90.00   No MI                  100195910002111832              7.5000                      20090501                        15.0000                8.0000
     21643                      107,810.55                                             80.00   No MI                  100195910001857831              0.0000                                                       0.0000                0.0000
     20737                      230,598.38                                              64.71  No MI                  100195910002096819              0.0000                                                       0.0000                0.0000
     17522                      171,786.37                                             80.00   No MI                  100195910002002791              7.1000                      20090501                        17.3500               10.3500
     17551                      157,293.66                                             70.00   No MI                  100195910002147562              7.5000                      20090501                        17.1000               10.1000
     96791                      213,590.84                                             95.00   No MI                  100195910001879728              7.5000                      20080401                        16.5000                9.5000
     19943                      104,772.44                                           100.00    No MI                  100195910001937260              7.5000                      20090401                        16.1750                9.1750
     19966                      180,822.74                                             85.00   No MI                  100195910002110453              7.2500                      20090501                        17.3000               10.3000
     21213                      92,830.89                                              76.23   No MI                  100195910002131566              6.7500                      20090501                        15.5000                8.5000
     21239                      39,933.96                                              36.36   No MI                  100195910002093410              0.0000                                                       0.0000                0.0000
     23701                      114,789.51                                             60.85   No MI                  100195910002096835              7.5000                      20080501                        15.5000                8.5000
     23608                      74,906.41                                              66.96   No MI                  100195910002133356              6.2500                      20090501                        17.3280               10.3280
     43056                      132,591.42                                           100.00    No MI                  100195910001654733              0.0000                                                       0.0000                0.0000
     44260                      109,808.75                                              90.91  No MI                  100195910002143256              0.0000                                                       0.0000                0.0000
     45237                      99,565.93                                              95.00   No MI                  100195910002111618              0.0000                                                       0.0000                0.0000
     43110                      123,784.41                                              91.85  No MI                  100195910002133935              0.0000                                                       0.0000                0.0000
     45227                      107,811.49                                             90.00   No MI                  100195910002139353              7.5000                      20090501                        15.7500                8.7500
     80524                      197,988.27                                             94.50   No MI                  100195910001938441              0.0000                                                       0.0000                0.0000
     80239                      144,146.61                                             85.00   No MI                  100195910002086612              0.0000                                                       0.0000                0.0000
     79373                      79,789.60                                              80.00   No MI                  100195910001782179              0.0000                                                       0.0000                0.0000
     75701                      85,418.50                                              80.00   No MI                  100195910001999336              0.0000                                                       0.0000                0.0000
     79414                      57,729.97                                              64.66   No MI                  100195910002009101              0.0000                                                       0.0000                0.0000
     75961                      79,089.86                                              90.00   No MI                  100195910002062092              0.0000                                                       0.0000                0.0000
     76131                      78,253.71                                              80.00   No MI                  100195910002109760              7.0000                      20090501                        15.4400                8.4400
     75220                      194,798.02                                             75.00   No MI                  100195910002129206              6.5000                      20090501                        18.1900               11.1900
     77503                      105,397.64                                             80.00   No MI                  100195910002095316              0.0000                                                       0.0000                0.0000
     77072                      90,880.05                                               76.17  No MI                  100195910002094772              0.0000                                                       0.0000                0.0000
     75454                      170,469.83                                             92.00   No MI                  100195910001887226              7.0000                      20090501                        17.8750               10.8750
     76234                      99,753.85                                              80.00   No MI                  100195910001904674              7.2500                      20090401                        15.4750                8.4750
     75220                      138,829.20                                           100.00    No MI                  100195910001998361              6.7500                      20090501                        17.4000               10.4000
     75062                      70,370.98                                              73.44   No MI                  100195910002015298              0.0000                                                       0.0000                0.0000
     75104                      117,434.04                                             80.00   No MI                  100195910002128307              6.6000                      20090501                        16.7500                9.7500
     91340                      417,000.00                                             77.94   No MI                  100195910001916942              6.5000                      20080501                        13.7500                6.7500
     95116                      350,593.66                                             54.00   No MI                  100195910002030941              6.7250                      20090501                        13.9750                6.9750
     93230                      157,231.76                                             75.00   No MI                  100195910002037466              7.5000                      20090501                        15.8500                8.8500
     77088                      114,583.77                                             85.00   No MI                  100195910002117243              7.5000                      20090501                        16.6250                9.6250
     98626                      127,500.00                                             85.00   No MI                  100195910001978389              7.5000                      20090501                        15.5500                8.5500
     97487                      33,964.27                                            100.00    No MI                  100195910002109372              0.0000                                                       0.0000                0.0000
     95215                      247,725.89                                             80.00   No MI                  100195910001797771              6.5000                      20080501                        14.1400                7.1400
     99114                      53,145.42                                              89.95   No MI                  100195910001807760              7.5000                      20080401                        16.5650                9.5650
     95301                      258,620.12                                             80.00   No MI                  100195910001816217              8.2500                      20090401                        15.9400                8.9400
     93635                      108,774.64                                             99.99   No MI                  100195910001826919              0.0000                                                       0.0000                0.0000
     95695                      81,098.99                                            100.00    No MI                  100195910001829632              0.0000                                                       0.0000                0.0000
     94533                      71,912.40                                            100.00    No MI                  100195910001852014              0.0000                                                       0.0000                0.0000
     99202                      19,974.84                                            100.00    No MI                  100195910001886673              0.0000                                                       0.0000                0.0000
     95901                      51,935.69                                            100.00    No MI                  100195910001890634              0.0000                                                       0.0000                0.0000
     93230                      36,965.65                                            100.00    No MI                  100195910001898991              0.0000                                                       0.0000                0.0000
     93701                      147,564.71                                             80.00   No MI                  100195910001908063              7.6250                      20080401                        15.2900                8.2900
     93711                      366,658.42                                             90.00   No MI                  100195910001969081              8.0000                      20090501                        16.5400                9.5400
     95815                      60,943.36                                            100.00    No MI                  100195910001974321              0.0000                                                       0.0000                0.0000
     98584                      33,967.08                                            100.00    No MI                  100195910001983546              0.0000                                                       0.0000                0.0000
     95948                      45,957.31                                            100.00    No MI                  100195910002005414              0.0000                                                       0.0000                0.0000
     84118                      117,029.25                                             85.00   No MI                  100195910002015785              6.6250                      20080501                        14.3500                7.3500
     95023                      60,826.61                                              90.00   No MI                  100195910002022435              0.0000                                                       0.0000                0.0000
     85258                      32,969.37                                            100.00    No MI                  100195910002023409              0.0000                                                       0.0000                0.0000
     95824                      248,000.00                                             80.00   No MI                  100195910002024118              7.0000                      20080501                        14.6400                7.6400
     95687                      57,546.53                                            100.00    No MI                  100195910002037193              0.0000                                                       0.0000                0.0000
     95823                      68,935.95                                            100.00    No MI                  100195910002054818              0.0000                                                       0.0000                0.0000
     95948                      119,847.75                                             48.00   No MI                  100195910002056268              7.7500                      20080501                        17.2500               10.2500
     84104                      132,786.73                                             94.33   No MI                  100195910002056797              8.3750                      20090501                        16.1400                9.1400
     98022                      219,779.74                                             80.00   No MI                  100195910002063058              6.7500                      20080501                        14.4900                7.4900
     95660                      211,784.71                                             80.00   No MI                  100195910002072687              6.7500                      20080501                        14.4400                7.4400
     95336                      396,000.00                                             79.20   No MI                  100195910002082116              7.0000                      20080501                        14.7150                7.7150
     95376                      476,800.00                                             80.00   No MI                  100195910002082751              7.3750                      20080501                        15.1150                8.1150
     98390                      248,400.00                                             80.00   No MI                  100195910002088725              6.2500                      20080501                        14.0000                7.0000
     98390                      62,021.03                                            100.00    No MI                  100195910002088840              0.0000                                                       0.0000                0.0000
     92201                      44,944.01                                            100.00    No MI                  100195910001819237              0.0000                                                       0.0000                0.0000
     92252                      156,333.32                                             80.00   No MI                  100195910001830648              7.8750                      20090401                        15.5650                8.5650
     80918                      265,397.51                                             85.00   No MI                  100195910001855728              7.7500                      20080401                        15.5000                8.5000
     91761                      85,810.62                                            100.00    No MI                  100195910001856932              0.0000                                                       0.0000                0.0000
     80204                      34,328.30                                            100.00    No MI                  100195910001861338              0.0000                                                       0.0000                0.0000
     89115                      48,931.33                                            100.00    No MI                  100195910001861726              0.0000                                                       0.0000                0.0000
     89119                      245,600.78                                             80.00   No MI                  100195910001905580              6.5000                      20080401                        14.2400                7.2400
     85031                      37,943.72                                            100.00    No MI                  100195910001921025              0.0000                                                       0.0000                0.0000
     92705                      258,395.56                                             75.00   No MI                  100195910001938011              8.0000                      20080501                        16.8900                9.8900
     92307                      241,842.95                                             85.00   No MI                  100195910001946642              8.1250                      20080501                        15.9150                8.9150
     90059                      79,902.66                                            100.00    No MI                  100195910001954620              0.0000                                                       0.0000                0.0000
     97918                      28,973.06                                            100.00    No MI                  100195910001973307              0.0000                                                       0.0000                0.0000
     90031                      99,891.81                                              95.00   No MI                  100195910001973521              0.0000                                                       0.0000                0.0000
     92057                      245,832.15                                             73.09   No MI                  100195910001974875              7.6250                      20080501                        16.5590                9.5590
     92675                      67,537.25                                            100.00    No MI                  100195910001977209              0.0000                                                       0.0000                0.0000
     92562                      109,900.12                                           100.00    No MI                  100195910001979973              0.0000                                                       0.0000                0.0000
     93701                      110,723.17                                             60.00   No MI                  100195910001984585              0.0000                                                       0.0000                0.0000
     85019                      46,949.14                                            100.00    No MI                  100195910002000233              0.0000                                                       0.0000                0.0000
     85031                      139,768.39                                             80.00   No MI                  100195910002001199              7.7500                      20080501                        15.9900                8.9900
     92410                      207,756.93                                             80.00   No MI                  100195910002006164              7.5000                      20080501                        15.2400                8.2400
     92410                      51,925.10                                            100.00    No MI                  100195910002006230              0.0000                                                       0.0000                0.0000
     92557                      70,328.64                                            100.00    No MI                  100195910002009283              0.0000                                                       0.0000                0.0000
     93532                      64,438.79                                              95.00   No MI                  100195910002009358              0.0000                                                       0.0000                0.0000
     86403                      199,900.00                                             79.99   No MI                  100195910002012964              7.1250                      20090501                        14.7650                7.7650
     92395                      299,377.76                                             80.00   No MI                  100195910002017310              7.2500                      20080501                        14.8900                7.8900
     90222                      333,447.42                                             80.48   No MI                  100195910002017377              8.2500                      20090501                        15.9900                8.9900
     85220                      172,000.00                                             80.00   No MI                  100195910002021270              8.0000                      20080501                        15.7650                8.7650
     92114                      351,758.17                                             80.00   No MI                  100195910002021676              8.0400                      20080501                        15.7900                8.7900
     92503                      514,887.04                                             80.00   No MI                  100195910002029711              0.0000                                                       0.0000                0.0000
     92057                      300,000.00                                             80.00   No MI                  100195910002030719              7.0000                      20080501                        14.8650                7.8650
     93001                      407,281.82                                             80.00   No MI                  100195910002031394              8.0000                      20080501                        15.6900                8.6900
     91343                      73,428.71                                              95.00   No MI                  100195910002031360              0.0000                                                       0.0000                0.0000
     80808                      146,596.20                                             94.95   No MI                  100195910002036476              7.0000                      20080501                        15.6900                8.6900
     92571                      251,528.27                                             80.00   No MI                  100195910002045154              7.7500                      20090501                        15.3900                8.3900
     92571                      62,931.84                                            100.00    No MI                  100195910002045246              0.0000                                                       0.0000                0.0000
     92582                      259,779.28                                             80.00   No MI                  100195910002047655              7.3750                      20080501                        15.0650                8.0650
     92083                      372,000.00                                             80.00   No MI                  100195910002047721              7.0000                      20080501                        14.7500                7.7500
     89107                      216,000.00                                             80.00   No MI                  100195910002048125              7.1250                      20080501                        14.8650                7.8650
     90220                      492,000.00                                             80.00   No MI                  100195910002048224              6.5000                      20080501                        14.1650                7.1650
     85086                      58,398.64                                            100.00    No MI                  100195910002056847              0.0000                                                       0.0000                0.0000
     93551                      82,894.46                                            100.00    No MI                  100195910002062050              0.0000                                                       0.0000                0.0000
     90011                      460,000.00                                             80.00   No MI                  100195910002063140              7.6250                      20080501                        15.3400                7.6250
     90814                      500,000.00                                             63.29   No MI                  100195910002065749              7.7500                      20080501                        15.3900                8.3900
     90814                      199,801.69                                              88.61  No MI                  100195910002065814              0.0000                                                       0.0000                0.0000
     85031                      37,738.98                                            100.00    No MI                  100195910002066127              0.0000                                                       0.0000                0.0000
     93305                      185,177.48                                             70.00   No MI                  100195910002066861              8.0000                      20090501                        15.7500                8.7500
     91335                      279,900.00                                             79.99   No MI                  100195910002066911              6.8750                      20080501                        14.5400                7.5400
     92545                      306,989.40                                             80.00   No MI                  100195910002067190              6.8750                      20080501                        14.5400                7.5400
     90002                      308,000.00                                             80.00   No MI                  100195910002067216              7.6250                      20090501                        15.3650                8.3650
     90002                      76,928.51                                            100.00    No MI                  100195910002067224              0.0000                                                       0.0000                0.0000
     85387                      254,460.95                                             85.00   No MI                  100195910002079146              0.0000                                                       0.0000                0.0000
     92240                      194,199.78                                             80.00   No MI                  100195910002081605              6.7500                      20090501                        14.3900                7.3900
     92335                      316,000.00                                             80.00   No MI                  100195910002087735              6.0000                      20080501                        13.6400                6.6400
     80910                      24,941.42                                            100.00    No MI                  100195910002090754              0.0000                                                       0.0000                0.0000
     90042                      255,000.00                                             64.56   No MI                  100195910002103664              6.7500                      20080501                        14.4150                7.4150
     91911                      381,600.00                                             80.00   No MI                  100195910002105636              7.3750                      20080501                        15.0150                8.0150
     80013                      191,950.00                                             80.00   No MI                  100195910002106931              7.2500                      20080501                        15.8650                8.8650
     89156                      191,200.00                                             80.00   No MI                  100195910002106972              7.7250                      20080501                        15.4750                8.4750
     92629                      394,982.79                                             87.82   No MI                  100195910002109240              8.0000                      20080501                        16.5400                9.5400
     80920                      99,621.31                                              45.05   No MI                  100195910002125139              6.6250                      20080501                        17.0000               10.0000
     85017                      89,815.40                                              52.94   No MI                  100195910002125386              7.2500                      20080501                        14.9400                7.9400
     80503                      56,938.35                                            100.00    No MI                  100195910002158577              0.0000                                                       0.0000                0.0000
     85364                      98,147.45                                              73.00   No MI                  100195910001999047              7.1250                      20080501                        16.0900                9.0900
     85364                      421,869.76                                             82.82   No MI                  100195910002038043              7.5000                      20080501                        17.3000               10.3000
     85648                      104,461.68                                             95.00   No MI                  100195910002040775              7.5000                      20080501                        15.8000                8.8000
     85035                      140,904.82                                             74.60   No MI                  100195910002049453              7.5000                      20080501                        15.8500                8.8500
     85345                      300,000.00                                             80.00   No MI                  100195910002053919              7.5000                      20080501                        15.3750                8.3750
     86409                      142,633.53                                             59.50   No MI                  100195910002073495              0.0000                                                       0.0000                0.0000
     87114                      107,851.54                                             80.00   No MI                  100195910002080474              6.5000                      20090501                        16.8750                9.8750
     85630                      155,775.18                                             80.00   No MI                  100195910002107244              7.5000                      20090501                        16.6500                9.6500
     85022                      190,000.00                                             95.00   No MI                  100195910002036385              7.5000                      20080501                        15.4750                8.4750
     85297                      217,726.16                                             62.00   No MI                  100195910002091638              7.0000                      20080501                        14.2500                7.2500
     92399                      433,000.00                                               71.81 No MI                  100195910002088121              6.5000                      20090501                        13.7500                6.7500
     92509                      389,674.72                                             79.80   No MI                  100195910001984502              6.6250                      20090401                        13.8750                6.8750
     92507                      175,000.00                                             77.78   No MI                  100195910002082017              6.3750                      20090501                        13.6250                6.6250
     83839                      112,231.46                                             90.00   No MI                  100195910001872269              7.5000                      20080401                        15.6250                8.6250
     80249                      196,467.08                                             95.00   No MI                  100195910001820607              0.0000                                                       0.0000                0.0000
     80241                      284,336.90                                           100.00    No MI                  100195910001896953              0.0000                                                       0.0000                0.0000
     80204                      147,742.68                                           100.00    No MI                  100195910002091158              0.0000                                                       0.0000                0.0000
     80233                      149,776.91                                              73.17  No MI                  100195910002098088              0.0000                                                       0.0000                0.0000
     80204                      49,913.06                                              32.47   No MI                  100195910002140617              0.0000                                                       0.0000                0.0000
     33189                      370,170.69                                              93.81  No MI                  100195910002075268              7.1250                      20090501                        14.3750                7.3750
     33142                      132,757.97                                              71.89  No MI                  100195910002147539              0.0000                                                       0.0000                0.0000
     53546                      155,311.37                                             82.00   No MI                  100195910001663296              7.5000                      20080301                        15.5000                8.5000
     55927                      142,866.99                                           100.00    No MI                  100195910001913576              0.0000                                                       0.0000                0.0000
     56347                      110,307.90                                             85.00   No MI                  100195910002056482              0.0000                                                       0.0000                0.0000
     53511                      94,834.82                                            100.00    No MI                  100195910002109224              0.0000                                                       0.0000                0.0000
     55021                      151,536.09                                             92.00   No MI                  100195910002119793              0.0000                                                       0.0000                0.0000
     55076                      132,926.03                                              84.71  No MI                  100195910002136961              0.0000                                                       0.0000                0.0000
     85035                      179,601.43                                             90.00   No MI                  100195910001757015              8.0000                      20080401                        15.9900                8.9900
     93258                      121,999.26                                             74.09   No MI                  100195910001837148              7.2500                      20080501                        14.9400                7.9400
     85017                      99,685.11                                              80.00   No MI                  100195910001852113              6.5000                      20080401                        14.2500                7.2500
     85017                      24,967.52                                            100.00    No MI                  100195910001852238              0.0000                                                       0.0000                0.0000
     85019                      39,951.30                                            100.00    No MI                  100195910001853475              0.0000                                                       0.0000                0.0000
     95820                      215,686.06                                             85.00   No MI                  100195910001868366              7.3750                      20080501                        15.0150                8.0150
     81001                      59,797.33                                              95.00   No MI                  100195910001997439              7.2500                      20080501                        14.9400                7.9400
     85035                      191,469.87                                             95.00   No MI                  100195910002015033              6.7500                      20080501                        14.5000                7.5000
     85017                      143,759.27                                             80.00   No MI                  100195910002020702              7.7500                      20080501                        15.9400                8.9400
     92394                      334,830.52                                             80.00   No MI                  100195910002030750              6.5000                      20080501                        14.1500                7.1500
     92394                      83,701.15                                            100.00    No MI                  100195910002030800              0.0000                                                       0.0000                0.0000
     85019                      148,574.72                                             60.00   No MI                  100195910002039371              7.5000                      20080501                        16.4150                9.4150
     85037                      206,877.39                                             90.00   No MI                  100195910002045147              8.0000                      20080501                        16.2900                9.2900
     85035                      154,128.23                                             80.00   No MI                  100195910002053489              8.0000                      20080501                        15.6900                8.6900
     85035                      38,564.16                                            100.00    No MI                  100195910002053539              0.0000                                                       0.0000                0.0000
     85043                      234,400.00                                             80.00   No MI                  100195910002057373              7.1250                      20080501                        14.7650                7.7650
     92345                      342,000.00                                             90.00   No MI                  100195910002067315              7.2500                      20080501                        14.9900                7.9900
     85323                      214,200.00                                             70.00   No MI                  100195910002067364              7.8750                      20080501                        15.5650                8.5650
     85301                      61,849.34                                               71.26  No MI                  100195910002073156              6.3750                      20080501                        14.0900                7.0900
     85301                      24,965.76                                            100.00    No MI                  100195910002073222              0.0000                                                       0.0000                0.0000
     89015                      208,250.00                                             85.00   No MI                  100195910001907875              6.7500                      20090401                        14.0000                7.0000
     89705                      235,200.00                                             84.00   No MI                  100195910002090077              7.5000                      20080501                        15.7500                8.7500
     61068                      101,423.35                                             80.00   No MI                  100195910002022385              0.0000                                                       0.0000                0.0000
     60827                      65,386.11                                              93.57   No MI                  100195910002031303              0.0000                                                       0.0000                0.0000
     61115                      79,944.37                                              80.00   No MI                  100195910002039165              0.0000                                                       0.0000                0.0000
     61115                      19,968.59                                            100.00    No MI                  100195910002117292              0.0000                                                       0.0000                0.0000
     48180                      135,763.56                                             87.74   No MI                  100195910001989741              7.5000                      20090501                        15.7500                8.7500
     48801                      79,637.65                                              95.00   No MI                  100195910002005190              0.0000                                                       0.0000                0.0000
     48213                      91,936.03                                            100.00    No MI                  100195910002012949              0.0000                                                       0.0000                0.0000
     48504                      87,397.78                                              85.00   No MI                  100195910002020025              0.0000                                                       0.0000                0.0000
     60445                      119,292.22                                             75.63   No MI                  100195910002051566              0.0000                                                       0.0000                0.0000
     60644                      156,926.70                                             84.97   No MI                  100195910002060062              0.0000                                                       0.0000                0.0000
     46408                      81,509.93                                              95.00   No MI                  100195910001838955              0.0000                                                       0.0000                0.0000
     46254                      116,727.78                                             90.00   No MI                  100195910001876559              0.0000                                                       0.0000                0.0000
     49444                      71,126.09                                              95.00   No MI                  100195910001960007              0.0000                                                       0.0000                0.0000
     47331                      78,912.55                                               84.10  No MI                  100195910001993479              0.0000                                                       0.0000                0.0000
     47165                      146,245.28                                               77.11 No MI                  100195910001996712              0.0000                                                       0.0000                0.0000
     46402                      50,911.33                                              68.92   No MI                  100195910002048034              0.0000                                                       0.0000                0.0000
     46201                      75,517.60                                              85.00   No MI                  100195910002068487              0.0000                                                       0.0000                0.0000
     46383                      124,782.66                                           100.00    No MI                  100195910002085697              0.0000                                                       0.0000                0.0000
     79103                      64,687.34                                              80.00   No MI                  100195910002007055              0.0000                                                       0.0000                0.0000
     75051                      87,183.78                                              80.00   No MI                  100195910002144270              0.0000                                                       0.0000                0.0000
     75602                      75,880.89                                              80.00   No MI                  100195910002059643              7.5000                      20090501                        16.2500                9.2500
     76015                      107,872.88                                             80.00   No MI                  100195910002078254              6.7500                      20090501                        17.6000               10.6000
     75751                      65,913.36                                            100.00    No MI                  100195910002121187              6.5000                      20090501                        17.0900               10.0900
     63077                      101,761.54                                             84.44   No MI                  100195910001861510              0.0000                                                       0.0000                0.0000
     63116                      126,261.92                                             90.00   No MI                  100195910002095878              0.0000                                                       0.0000                0.0000
     65010                      63,639.17                                              85.00   No MI                  100195910002118530              7.5000                      20090501                        15.7500                8.7500
     55008                      199,614.77                                           100.00    No MI                  100195910002119181              7.5000                      20090501                        15.2500                8.2500
     56164                      73,904.52                                            100.00    No MI                  100195910002136201              0.0000                                                       0.0000                0.0000
     60432                      123,114.37                                             80.00   No MI                  100195910001985269              0.0000                                                       0.0000                0.0000
     60419                      141,926.10                                             90.00   No MI                  100195910002035924              0.0000                                                       0.0000                0.0000
     61554                      90,741.96                                              90.00   No MI                  100195910002057159              5.5000                      20090501                        15.7500                8.7500
     60178                      159,721.83                                             72.73   No MI                  100195910002073677              0.0000                                                       0.0000                0.0000
     60655                      179,849.79                                             66.67   No MI                  100195910002077355              5.9000                      20090501                        15.1250                8.1250
     60628                      98,931.18                                              90.00   No MI                  100195910002077983              5.5000                      20090501                        15.7500                8.7500
     61109                      149,379.83                                             87.00   No MI                  100195910002085655              5.8750                      20090501                        15.7500                8.7500
     60031                      220,614.37                                              81.85  No MI                  100195910002124454              5.6000                      20090501                        15.7500                8.7500
     60432                      30,762.95                                            100.00    No MI                  100195910002139783              0.0000                                                       0.0000                0.0000
     32218                      183,999.82                                             90.00   No MI                  100195910001858714              0.0000                                                       0.0000                0.0000
     32571                      130,975.91                                             90.00   No MI                  100195910001968133              6.8750                      20090401                        14.1250                7.1250
     32547                      109,726.58                                             60.77   No MI                  100195910002006867              6.7250                      20090501                        13.9750                6.9750
     32526                      129,715.93                                              91.55  No MI                  100195910002024951              0.0000                                                       0.0000                0.0000
     32219                      42,362.20                                            100.00    No MI                  100195910002056615              0.0000                                                       0.0000                0.0000
     32137                      195,862.75                                             80.00   No MI                  100195910002058710              7.5000                      20080501                        15.7250                8.7250
     32244                      131,782.07                                             80.00   No MI                  100195910002059098              7.5000                      20090501                        16.0000                9.0000
     32137                      203,752.01                                             89.47   No MI                  100195910002076100              7.5000                      20090501                        17.4500               10.4500
     32277                      106,961.81                                             80.00   No MI                  100195910002112764              0.0000                                                       0.0000                0.0000
     70454                      71,915.70                                              80.00   No MI                  100195910001807968              6.9000                      20090501                        17.6250               10.6250
     71254                      118,698.34                                             85.00   No MI                  100195910001992323              6.6250                      20090501                        13.8750                6.8750
     70584                      92,506.38                                              90.00   No MI                  100195910001996662              0.0000                                                       0.0000                0.0000
     70068                      111,795.01                                             80.00   No MI                  100195910002008434              7.5000                      20090501                        15.5000                8.5000
     71037                      122,485.43                                             90.00   No MI                  100195910002067893              7.5000                      20090501                        15.3750                8.3750
     71078                      80,851.74                                              75.00   No MI                  100195910002102948              0.0000                                                       0.0000                0.0000
     37055                      14,818.07                                            100.00    No MI                  100195910001762049              0.0000                                                       0.0000                0.0000
     30655                      139,287.07                                             90.00   No MI                  100195910001785180              7.5000                      20090401                        17.7500               10.7500
     39837                      65,076.82                                              80.00   No MI                  100195910001886954              0.0000                                                       0.0000                0.0000
     30044                      138,550.00                                             85.00   No MI                  100195910001905168              7.5000                      20090401                        16.8000                9.8000
     31005                      124,552.19                                             80.00   No MI                  100195910001916470              0.0000                                                       0.0000                0.0000
     30736                      26,472.17                                            100.00    No MI                  100195910002054669              0.0000                                                       0.0000                0.0000
     31907                      71,891.44                                              90.00   No MI                  100195910002075201              0.0000                                                       0.0000                0.0000
     30655                      151,721.79                                           100.00    No MI                  100195910002089186              7.5000                      20090501                        15.5000                8.5000
     31634                      112,192.74                                             90.00   No MI                  100195910002090887              0.0000                                                       0.0000                0.0000
     30083                      27,570.15                                              95.00   No MI                  100195910002105255              0.0000                                                       0.0000                0.0000
     31005                      23,367.96                                              95.00   No MI                  100195910002140906              0.0000                                                       0.0000                0.0000
     24401                      199,500.00                                             95.00   No MI                  100386100002172591              5.5000                      20090601                        14.3900                8.3900
     33026                      139,823.01                                             56.45   No MI                  100386100002172732              0.0000                                                       0.0000                0.0000
     85053                      246,000.00                                             89.45   No MI                  100386100002173565              5.5000                      20080601                        13.9500                7.9500
     19539                      101,692.00                                             80.00   No MI                  100124100000023132              5.5000                      20080701                        14.0200                8.0200
     34232                      194,786.02                                             65.00   No MI                  100389160000127358              6.7500                      20080601                        16.2700               10.2700
     19539                      25,415.96                                            100.00    No MI                  100124100000023140              0.0000                                                       0.0000                0.0000
     89512                      88,673.37                                              80.00   No MI                  100246100006645279              0.0000                                                       0.0000                0.0000
     89512                      22,181.23                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     21061                      224,000.00                                             74.67   No MI                  100031458006050406              5.2500                      20080601                        16.2500               10.2500
     48227                      66,442.62                                              90.00   No MI                  100330706040120348              0.0000                                                       0.0000                0.0000
     22309                      229,600.00                                             80.00   No MI                  100022100153047519              8.3750                      20080501                        15.8750                9.8750
     20110                      364,234.58                                             74.54   No MI                  100073020061132427              7.8750                      20090401                        13.8750                7.8750
     6854                       287,496.68                                             80.00   No MI                  100073020061142103              8.7250                      20090501                        14.7250                8.7250
     12209                      109,709.22                                              64.71  No MI                  100073020051201240              7.1250                      20080401                        14.1250                7.1250
     19055                      233,393.91                                             90.00   No MI                  100073020061161285              8.2250                      20080401                        14.2250                8.2250
     34639                      197,889.07                                             75.00   No MI                  100073020051250528              7.7600                      20080201                        13.7600                7.7600
     19956                      219,901.06                                             90.00   No MI                  100073020061101851              7.9900                      20090401                        13.9900                7.9900
     33556                      88,328.64                                              69.69   No MI                  100073020061127179              8.2250                      20090501                        14.2250                8.2250
     81144                      118,743.80                                             85.00   No MI                  100073020061148282              5.2500                      20080401                        15.1250                5.2500
     32763                      117,914.75                                             84.39   No MI                  100073020061150932              8.1500                      20090401                        15.5000                8.1500
     11238                      194,590.92                                              34.51  No MI                  100073020061160287              6.5000                      20080401                        15.2500                6.5000
     83402                      97,397.38                                              80.00   No MI                  100073020061163141              8.2500                      20090401                        15.3000                8.2500
     74070                      66,819.32                                               88.16  No MI                  100073020061164321              5.5000                      20080401                        14.2400                5.5000
     32327                      66,773.27                                              37.22   No MI                  100073020061164966              8.0000                      20090401                        14.0000                8.0000
     71282                      155,617.93                                             80.83   No MI                  100073020061167373              8.5000                      20090401                        14.5000                8.5000
     37860                      111,756.83                                             79.77   No MI                  100073020061173744              8.0000                      20080401                        15.0850                8.0000
     29420                      126,946.73                                             80.00   No MI                  100073020061174841              6.2500                      20080401                        15.5000                6.2500
     19150                      186,542.01                                             85.00   No MI                  100073020006118577              8.5000                      20090401                        14.5000                8.5000
     19150                      97,121.93                                               51.24  No MI                  100073020061201354              7.2750                      20080501                        14.2750                7.2750
     90242                      348,821.95                                             63.06   No MI                  100073020051254058              7.5500                      20090301                        14.0500                7.5500
     93638                      207,312.02                                             76.47   No MI                  100073020061170385              6.5000                      20080401                        13.0000                6.5000
     93535                      237,826.92                                             90.00   No MI                  100073020061172548              7.3000                      20090401                        13.8000                7.3000
     93552                      352,000.00                                             80.00   No MI                  100073020061176184              6.9000                      20080401                        13.4000                7.4000
     89129                      389,044.87                                             76.47   No MI                  100073020061177232              8.0000                      20080401                        14.5000                8.0000
     85365                      140,585.81                                             59.02   No MI                  100073020061180327              7.1000                      20080401                        13.6000                7.1000
     93215                      152,616.01                                               71.16 No MI                  100073020061184881              7.8800                      20090401                        14.3800                7.8800
     94043                      592,179.70                                             90.00   No MI                  100073020061185094              7.1750                      20090401                        13.6750                7.1750
     89081                      437,050.59                                             90.00   No MI                  100073020061188742              8.3500                      20090401                        14.8500                8.3500
     95824                      229,999.17                                             83.64   No MI                  100073020061193338              8.0000                      20090401                        14.5000                8.0000
     95350                      266,400.00                                             80.00   No MI                  100073020061193536              6.7000                      20080401                        13.2000                7.2000
     90746                      359,283.15                                             67.29   No MI                  100073020061195622              7.7000                      20080501                        14.2000                7.7000
     90745                      190,000.00                                             45.78   No MI                  100073020061201990              6.5000                      20090401                        13.0000                7.0000
     85015                      91,795.93                                               52.12  No MI                  100073020061207153              7.0500                      20090501                        13.5500                7.0500
     92407                      423,223.95                                             80.00   No MI                  100073020061213078              8.0000                      20080501                        14.5000                8.0000
     91710                      455,000.00                                             70.00   No MI                  100073020061153951              7.7500                      20090401                        13.7500                7.7500
     98012                      267,419.98                                             80.00   No MI                  100073020061162259              8.6000                      20080401                        15.1000                8.6000
     92405                      283,999.09                                             80.00   No MI                  100073020061164727              7.0000                      20080401                        14.4000                7.0000
     90280                      338,950.37                                             68.00   No MI                  100073020061167449              7.3500                      20080401                        13.3500                7.3500
     89128                      215,471.01                                             80.00   No MI                  100073020061174122              7.9000                      20080401                        14.5000                7.9000
     84780                      221,050.00                                             79.98   No MI                  100073020061181663              7.9500                      20080401                        13.9500                7.9500
     92394                      225,000.00                                             75.00   No MI                  100073020061183420              7.9500                      20080401                        13.9500                7.9500
     81520                      156,801.73                                             85.00   No MI                  100073020061199137              7.7500                      20090401                        13.7500                7.7500
     92675                      431,980.96                                             90.00   No MI                  100073020061206171              7.9000                      20090401                        13.9000                7.9000
     92382                      231,502.80                                             80.00   No MI                  100073020061216519              7.7500                      20090501                        13.7500                7.7500
     92832                      497,000.00                                             89.55   No MI                  100073020061218796              8.8000                      20090501                        14.8000                8.8000
     92653                      390,000.00                                             52.70   No MI                  100073020061143036              8.0000                      20090501                        14.0000                8.0000
     93454                      387,000.00                                             90.00   No MI                  100073020061194609              7.7000                      20090401                        13.7000                7.7000
     33411                      244,865.59                                             95.00   No MI                  100386100002174258              5.5000                      20080601                        15.7100                9.7100
     23832                      224,996.14                                             90.00   No MI                  100271100000229045              0.0000                                                       0.0000                0.0000
     78217                      54,964.67                                            100.00    No MI                  100424906040038204              0.0000                                                       0.0000                0.0000
     83301                      59,922.15                                              80.00   No MI                  100274130152163863              5.5000                      20080401                        13.6000                7.6000
     55060                      91,871.02                                              80.00   No MI                  100197500000301051              5.5000                      20080601                        13.8000                7.8000
     55060                      22,985.89                                            100.00    No MI                  100197500000301655              0.0000                                                       0.0000                0.0000
     90305                      300,000.00                                             57.69   No MI                  100059400000009415              0.0000                                                       0.0000                0.0000
     95973                      316,000.00                                             80.00   No MI                  100171906050023083              5.5000                      20080601                        14.4650                8.4650
     95973                      59,219.58                                              95.00   No MI                  100171906050023109              0.0000                                                       0.0000                0.0000
     30034                      77,200.00                                              80.00   No MI                  100032100001015815              5.5000                      20080401                        14.5550                5.5000
     30034                      19,281.39                                            100.00    No MI                  100032100001015807              0.0000                                                       0.0000                0.0000
     30263                      206,202.28                                             80.00   No MI                  100032100000551786              5.5000                      20080201                        12.6250                5.5000
     30349                      200,756.00                                             80.00   No MI                  100032100000609717              6.2500                      20080101                        13.2500                6.2500
     30349                      48,507.43                                            100.00    No MI                  100032100000619609              0.0000                                                       0.0000                0.0000
     30213                      43,216.96                                            100.00    No MI                  100032100001017910              0.0000                                                       0.0000                0.0000
     30213                      173,089.61                                             80.00   No MI                  100032100001017902              5.5000                      20080501                        14.8000                5.5000
     30052                      34,439.51                                            100.00    No MI                  100032100001007291              0.0000                                                       0.0000                0.0000
     30052                      169,641.00                                             90.00   No MI                  100032100001014685              5.5000                      20080401                        14.4700                5.5000
     30331                      187,120.00                                             79.97   No MI                  100032100001012622              5.7500                      20080401                        14.9000                5.7500
     30331                      46,715.02                                              99.96   No MI                  100032100001012614              0.0000                                                       0.0000                0.0000
     30043                      136,048.23                                             80.00   No MI                  100032100000619682              5.8750                      20080201                        12.8750                5.8750
     30233                      102,192.71                                             80.00   No MI                  100032100000551513              6.0000                      20071101                        13.3750                6.0000
     30252                      177,348.00                                             80.00   No MI                  100032100001015864              5.5000                      20080401                        14.5000                5.5000
     30252                      44,297.82                                            100.00    No MI                  100032100001015856              0.0000                                                       0.0000                0.0000
     30252                      121,360.00                                             80.00   No MI                  100032000001015401              5.5000                      20080401                        14.5500                5.5000
     30252                      29,206.05                                            100.00    No MI                  100032100001015419              0.0000                                                       0.0000                0.0000
     30157                      150,400.00                                             80.00   No MI                  100032100001014875              5.5000                      20080401                        14.3650                5.5000
     30157                      37,558.66                                            100.00    No MI                  100032100001014867              0.0000                                                       0.0000                0.0000
     85041                      107,950.25                                              77.14  No MI                  100386100002178531              5.5000                      20080701                        15.8100                9.8100
     1590                       233,797.31                                             68.97   No MI                  100060677002589372              5.5000                      20080401                        13.5000                7.5000
     22172                      200,000.00                                             78.43   No MI                  100386100002179505              0.0000                                                       0.0000                0.0000
     32819                      381,983.95                                             85.00   No MI                          0                       5.5000                      20080601                        13.9900                7.9900
     32757                      120,000.00                                              46.15  No MI                  100022100153265079              0.0000                                                       0.0000                0.0000
     7631                       396,000.00                                             90.00   No MI                  100133001000556957              5.5000                      20080601                        15.5200                9.5200
     46203                      67,433.47                                              90.00   No MI                  100330706040122336              5.5000                      20080601                        15.5100                9.5100
     98338                      247,848.99                                             67.03   No MI                  100389160000036799              5.7500                      20090601                        13.8000                7.8000
     34286                      226,409.83                                             88.82   No MI                  100258920060402431              5.5000                      20080601                        15.2500                9.2500
     89110                      208,000.00                                             80.00   No MI                  100137306050026918              5.5000                      20080601                        15.6900                9.6900
     33157                      212,580.78                                             85.00   No MI                  100086600211024569              5.9500                      20080501                        14.9750                5.9500
     72002                      20,953.36                                            100.00    No MI                  100265600024257508              0.0000                                                       0.0000                0.0000
     34714                      60,925.11                                            100.00    No MI                  100265600024286069              0.0000                                                       0.0000                0.0000
     30314                      46,545.88                                            100.00    No MI                  100265600024287182              0.0000                                                       0.0000                0.0000
     63031                      38,956.17                                            100.00    No MI                  100265600024287463              0.0000                                                       0.0000                0.0000
     19503                      15,471.80                                            100.00    No MI                  100265600024290137              0.0000                                                       0.0000                0.0000
     77023                      25,359.10                                            100.00    No MI                  100265600024425550              0.0000                                                       0.0000                0.0000
     75035                      38,750.10                                            100.00    No MI                  100265600024812401              0.0000                                                       0.0000                0.0000
     79762                      52,890.01                                            100.00    No MI                  100265600024820800              0.0000                                                       0.0000                0.0000
     63033                      32,443.07                                            100.00    No MI                  100265600024820818              0.0000                                                       0.0000                0.0000
     75034                      44,988.04                                            100.00    No MI                  100265600024824059              0.0000                                                       0.0000                0.0000
     89129                      93,943.09                                              98.95   No MI                  100265600025001830              0.0000                                                       0.0000                0.0000
     76651                      26,343.70                                            100.00    No MI                  100265600025003745              0.0000                                                       0.0000                0.0000
     85239                      77,838.88                                            100.00    No MI                  100265600025007035              0.0000                                                       0.0000                0.0000
     28227                      19,958.89                                            100.00    No MI                  100265600025007845              0.0000                                                       0.0000                0.0000
     44857                      21,579.53                                            100.00    No MI                  100265600025009007              0.0000                                                       0.0000                0.0000
     79703                      14,871.92                                            100.00    No MI                  100265600025009577              0.0000                                                       0.0000                0.0000
     79701                      19,047.58                                            100.00    No MI                  100265600025011623              0.0000                                                       0.0000                0.0000
     32254                      19,982.02                                            100.00    No MI                  100265600025011813              0.0000                                                       0.0000                0.0000
     53076                      72,763.81                                            100.00    No MI                  100265600025011995              0.0000                                                       0.0000                0.0000
     43461                      20,975.87                                            100.00    No MI                  100265600025012167              0.0000                                                       0.0000                0.0000
     23703                      37,256.55                                            100.00    No MI                  100265600025012225              0.0000                                                       0.0000                0.0000
     23831                      31,464.22                                            100.00    No MI                  100265600025012241              0.0000                                                       0.0000                0.0000
     85374                      35,950.72                                            100.00    No MI                  100265600025012316              0.0000                                                       0.0000                0.0000
     85051                      37,935.43                                            100.00    No MI                  100265600025012373              0.0000                                                       0.0000                0.0000
     76052                      47,166.98                                            100.00    No MI                  100265600025013330              0.0000                                                       0.0000                0.0000
     80030                      26,474.92                                            100.00    No MI                  100265600025013595              0.0000                                                       0.0000                0.0000
     75080                      14,881.09                                            100.00    No MI                  100265600025013884              0.0000                                                       0.0000                0.0000
     74066                      14,387.79                                            100.00    No MI                  100265600025014114              0.0000                                                       0.0000                0.0000
     49256                      17,380.44                                            100.00    No MI                  100265600025014767              0.0000                                                       0.0000                0.0000
     43567                      16,561.37                                              99.89   No MI                  100265600025016143              0.0000                                                       0.0000                0.0000
     75042                      20,575.22                                            100.00    No MI                  100265600025016374              0.0000                                                       0.0000                0.0000
     72401                      29,921.38                                            100.00    No MI                  100265600025017018              0.0000                                                       0.0000                0.0000
     32808                      26,972.53                                            100.00    No MI                  100265600025019147              0.0000                                                       0.0000                0.0000
     85204                      45,297.90                                            100.00    No MI                  100265600025019154              0.0000                                                       0.0000                0.0000
     75019                      64,917.52                                            100.00    No MI                  100265600025019196              0.0000                                                       0.0000                0.0000
     85051                      52,946.12                                            100.00    No MI                  100265600025019626              0.0000                                                       0.0000                0.0000
     85326                      50,152.94                                            100.00    No MI                  100265600025020038              0.0000                                                       0.0000                0.0000
     85353                      66,949.16                                            100.00    No MI                  100265600025020558              0.0000                                                       0.0000                0.0000
     75002                      29,819.92                                            100.00    No MI                  100265600025020624              0.0000                                                       0.0000                0.0000
     32208                      19,385.45                                            100.00    No MI                  100265600025020756              0.0000                                                       0.0000                0.0000
     35750                      15,189.67                                            100.00    No MI                  100265600025020970              0.0000                                                       0.0000                0.0000
     77545                      25,767.25                                            100.00    No MI                  100265600025025300              0.0000                                                       0.0000                0.0000
     85345                      39,972.88                                            100.00    No MI                  100265600025025664              0.0000                                                       0.0000                0.0000
     75034                      53,961.02                                            100.00    No MI                  100265600025025722              0.0000                                                       0.0000                0.0000
     77338                      20,774.97                                            100.00    No MI                  100265600025026035              0.0000                                                       0.0000                0.0000
     98391                      54,947.89                                            100.00    No MI                  100265600025026324              0.0000                                                       0.0000                0.0000
     32034                      39,059.78                                            100.00    No MI                  100265600025026829              0.0000                                                       0.0000                0.0000
     86326                      52,368.26                                            100.00    No MI                  100265600025027140              0.0000                                                       0.0000                0.0000
     86322                      37,897.03                                            100.00    No MI                  100265600025027579              0.0000                                                       0.0000                0.0000
     28214                      24,799.48                                            100.00    No MI                  100265600025027611              0.0000                                                       0.0000                0.0000
     85035                      39,170.25                                            100.00    No MI                  100265600025028825              0.0000                                                       0.0000                0.0000
     70737                      27,579.30                                            100.00    No MI                  100265600025028981              0.0000                                                       0.0000                0.0000
     98208                      52,956.99                                              72.83   No MI                  100265600025031571              0.0000                                                       0.0000                0.0000
     85035                      32,964.74                                            100.00    No MI                  100265600025035754              0.0000                                                       0.0000                0.0000
     85335                      39,975.76                                            100.00    No MI                  100265600025043667              0.0000                                                       0.0000                0.0000
     85009                      33,377.34                                            100.00    No MI                  100265600025043782              0.0000                                                       0.0000                0.0000
     85225                      50,765.54                                            100.00    No MI                  100265600025044335              0.0000                                                       0.0000                0.0000
     85204                      42,963.13                                            100.00    No MI                  100265600025044350              0.0000                                                       0.0000                0.0000
     85201                      41,961.50                                            100.00    No MI                  100265600025044525              0.0000                                                       0.0000                0.0000
     85323                      50,765.57                                            100.00    No MI                  100265600025047205              0.0000                                                       0.0000                0.0000
     75115                      48,941.08                                            100.00    No MI                  100265600025047387              0.0000                                                       0.0000                0.0000
     33218                      37,477.28                                            100.00    No MI                  100265600025055117              0.0000                                                       0.0000                0.0000
     71203                      15,388.33                                            100.00    No MI                  100265600025064063              0.0000                                                       0.0000                0.0000
     32168                      173,700.57                                             84.88   No MI                  100265600004257171              0.0000                                                       0.0000                0.0000
     77031                      92,738.95                                               71.54  No MI                  100265600004257247              0.0000                                                       0.0000                0.0000
     64130                      59,940.36                                              80.00   No MI                  100265600004258286              9.8000                      20080501                        18.3800               11.3800
     62025                      432,182.04                                           100.00    No MI                  100265600004285396              0.0000                                                       0.0000                0.0000
     85033                      155,413.88                                             80.00   No MI                  100265600004285495              6.2500                      20080301                        14.5000                7.5000
     44142                      118,002.91                                             85.00   No MI                  100265600004285792              6.6500                      20080301                        15.1500                8.1500
     80107                      195,000.00                                           100.00    No MI                  100265600004286675              7.3000                      20080301                        16.8000                9.8000
     85007                      424,900.00                                           100.00    No MI                  100265600004287137              7.1000                      20080501                        15.6000                8.6000
     89129                      279,999.00                                             80.00   No MI                  100265600004287319              7.4000                      20080501                        15.9000                8.9000
     63122                      337,678.85                                             80.00   No MI                  100265600004287400              6.2500                      20080501                        14.7500                7.7500
     39503                      139,045.38                                             90.00   No MI                  100265600004290131              6.7100                      20080301                        15.2100                8.2100
     38128                      143,474.84                                             80.00   No MI                  100265600004423377              6.1500                      20080301                        14.6500                7.6500
     43452                      152,544.16                                             90.00   No MI                  100265600004424201              7.1500                      20080301                        15.6500                8.6500
     98037                      230,850.00                                             95.00   No MI                  100265600004424342              6.0000                      20080501                        14.5000                7.5000
     76210                      116,860.42                                             80.00   No MI                  100265600004814823              6.5500                      20080401                        16.0500                9.0500
     48505                      53,062.47                                              85.00   No MI                  100265600004816687              7.2000                      20080501                        17.6000               10.6000
     63135                      118,502.25                                             90.00   No MI                  100265600004818915              8.0000                      20080401                        16.5800                9.5800
     92344                      211,950.00                                             68.37   No MI                  100265600004820317              5.4900                      20080501                        13.9900                6.9900
     48224                      73,461.10                                              80.00   No MI                  100265600004820358              6.8500                      20080501                        15.3500                8.3500
     43605                      76,311.13                                              85.00   No MI                  100265600004822453              7.2500                      20080301                        17.6000               10.6000
     87120                      166,899.79                                             95.00   No MI                  100265600004824269              7.8000                      20080401                        16.9900                9.9900
     78840                      206,133.31                                             82.60   No MI                  100265600004824327              7.1500                      20080501                        15.6500                8.6500
     75126                      182,340.05                                             87.00   No MI                  100265600004824392              0.0000                                                       0.0000                0.0000
     70815                      83,254.52                                              95.00   No MI                  100265600004824640              7.1500                      20080401                        15.6500                8.6500
     63031                      103,007.19                                             80.00   No MI                  100265600005001305              6.9000                      20080501                        15.4000                8.4000
     64130                      62,585.23                                              95.00   No MI                  100265600005001602              7.0000                      20080501                        15.5000                8.5000
     85031                      146,025.51                                             75.00   No MI                  100265600005001727              7.7500                      20080501                        16.3500                9.3500
     89129                      376,000.00                                              79.16  No MI                  100265600005001834              6.4000                      20080501                        14.9000                7.9000
     71603                      54,717.26                                              80.00   No MI                  100265600005001990              0.0000                                                       0.0000                0.0000
     44134                      115,200.00                                             80.00   No MI                  100265600005002402              6.4000                      20080301                        14.9000                7.9000
     33569                      128,465.53                                             70.00   No MI                  100265600005003392              7.8800                      20080401                        16.3500                9.3500
     76651                      105,600.00                                             80.00   No MI                  100265600005003749              6.1000                      20080301                        14.5000                7.5000
     66013                      119,720.81                                             80.00   No MI                  100265600005004150              0.0000                                                       0.0000                0.0000
     73771                      49,916.48                                            100.00    No MI                  100265600005004358              7.0000                      20080401                        17.3300               10.3300
     79705                      54,905.43                                            100.00    No MI                  100265600005005173              0.0000                                                       0.0000                0.0000
     80219                      116,796.58                                             90.00   No MI                  100265600005006619              0.0000                                                       0.0000                0.0000
     85239                      311,037.97                                             80.00   No MI                  100265600005007039              7.1500                      20080501                        15.6500                8.6500
     75228                      135,770.75                                             80.00   No MI                  100265600005007625              7.4000                      20080501                        15.9000                8.9000
     28227                      79,773.71                                              80.00   No MI                  100265600005007849              7.0000                      20080501                        15.5000                8.5000
     77095                      134,159.00                                             80.00   No MI                  100265600005007971              0.0000                                                       0.0000                0.0000
     63088                      258,650.56                                             90.00   No MI                  100265600005009019              7.7500                      20080401                        16.2000                9.2000
     33823                      178,400.00                                             99.94   No MI                  100265600005009381              8.0000                      20080401                        17.0500               10.0500
     79705                      142,441.25                                             85.00   No MI                  100265600005009662              6.9300                      20080401                        15.3750                8.3750
     23227                      365,000.00                                             82.39   No MI                  100265600005009753              7.2500                      20080501                        15.5500                8.5500
     75146                      123,405.00                                             95.00   No MI                  100265600005009787              7.2000                      20080401                        15.8000                8.8000
     36264                      89,926.03                                              85.00   No MI                  100265600005011478              7.5000                      20080501                        16.0000                9.0000
     23324                      126,277.00                                             80.00   No MI                  100265600005011759              6.6500                      20080401                        15.1500                8.1500
     66006                      170,730.45                                             90.00   No MI                  100265600005012146              7.5000                      20080401                        17.6000               10.6000
     43461                      83,737.06                                              80.00   No MI                  100265600005012161              5.7800                      20080401                        14.2800                7.2800
     38801                      179,771.63                                             80.00   No MI                  100265600005012385              7.2500                      20080501                        17.2500               10.2500
     75114                      133,750.79                                             95.00   No MI                  100265600005012534              6.4000                      20080501                        16.5000                9.5000
     76014                      93,131.23                                              80.00   No MI                  100265600005012575              6.4500                      20080401                        14.9500                7.9500
     46205                      90,851.88                                              70.00   No MI                  100265600005012781              6.9500                      20080401                        17.4500               10.4500
     37127                      140,987.11                                             90.00   No MI                  100265600005013045              3.3600                      20080401                        15.9900                8.9900
     21632                      144,500.00                                             85.00   No MI                  100265600005013110              6.5000                      20080401                        16.1000                9.1000
     80120                      176,054.65                                             90.00   No MI                  100265600005013185              7.3000                      20080401                        16.5800                9.5800
     76052                      188,408.74                                             80.00   No MI                  100265600005013334              6.0700                      20080401                        14.1900                7.1900
     80030                      106,000.00                                             80.00   No MI                  100265600005013599              6.1000                      20080501                        14.6000                7.6000
     75080                      59,488.64                                              80.00   No MI                  100265600005013888              6.9000                      20080501                        15.4000                8.4000
     74066                      57,503.10                                              80.00   No MI                  100265600005014118              7.4100                      20080501                        15.9100                8.9100
     79924                      109,371.07                                             80.00   No MI                  100265600005014274              6.3500                      20080501                        14.8500                7.8500
     80219                      136,000.00                                             80.00   No MI                  100265600005014290              7.1500                      20080501                        15.6500                8.6500
     89148                      277,500.00                                             76.03   No MI                  100265600005014316              7.2850                      20080501                        15.7850                8.7850
     30080                      284,321.99                                             85.00   No MI                  100265600005014324              0.0000                                                       0.0000                0.0000
     74361                      53,132.35                                            100.00    No MI                  100265600005014399             10.8500                      20080501                        18.8500               11.8500
     85304                      224,100.00                                             90.00   No MI                  100265600005014670              7.4900                      20080501                        15.9900                8.9900
     78046                      101,097.17                                             90.00   No MI                  100265600005015727              6.7000                      20080501                        16.4500                9.4500
     33770                      139,499.97                                             90.00   No MI                  100265600005016030              7.5500                      20080501                        15.5500                8.5500
     75042                      82,249.20                                              80.00   No MI                  100265600005016378              7.0000                      20080501                        15.5000                8.5000
     51503                      103,791.39                                             80.00   No MI                  100265600005016469              6.5500                      20080501                        15.0500                8.0500
     32703                      139,708.46                                             85.00   No MI                  100265600005016733              0.0000                                                       0.0000                0.0000
     77433                      102,465.18                                             80.00   No MI                  100265600005016782              0.0000                                                       0.0000                0.0000
     76711                      78,397.61                                            100.00    No MI                  100265600005016824              6.9500                      20080501                        17.1200               10.1200
     75227                      51,430.34                                            100.00    No MI                  100265600005016964              0.0000                                                       0.0000                0.0000
     76401                      92,546.77                                              80.00   No MI                  100265600005016980              6.9100                      20080501                        15.4000                8.4000
     72401                      119,746.85                                             80.00   No MI                  100265600005017012              6.3000                      20080501                        14.8000                7.8000
     44718                      99,791.15                                              80.00   No MI                  100265600005017095              6.3500                      20080501                        14.8500                7.8500
     35773                      207,091.18                                             95.00   No MI                  100265600005017160              8.6000                      20080501                        17.1000               10.1000
     63136                      72,110.83                                              85.00   No MI                  100265600005017277              7.1500                      20080501                        15.2500                8.2500
     32808                      158,078.36                                             80.00   No MI                  100265600005017376              7.0000                      20080501                        14.9900                7.9900
     75189                      99,323.26                                              80.00   No MI                  100265600005017467              6.5000                      20080501                        14.7500                7.7500
     85027                      189,591.03                                             80.00   No MI                  100265600005017475              6.2000                      20080501                        14.7000                7.7000
     33311                      133,600.00                                             80.00   No MI                  100265600005019166              5.9000                      20080501                        14.4000                7.4000
     75019                      259,528.96                                             80.00   No MI                  100265600005019190              0.0000                                                       0.0000                0.0000
     20748                      301,500.00                                             90.00   No MI                  100265600005019380              6.5000                      20080501                        16.0000                9.0000
     38901                      125,731.49                                             90.00   No MI                  100265600005019778              6.6500                      20080501                        14.7500                7.7500
     33594                      236,000.00                                             80.00   No MI                  100265600005019794              7.4500                      20080401                        15.0000                8.0000
     85326                      200,767.00                                             80.00   No MI                  100265600005020032              6.8500                      20080501                        15.3500                8.3500
     80022                      148,000.00                                             80.00   No MI                  100265600005020263              6.0000                      20080501                        14.5000                7.5000
     75701                      119,480.00                                             80.00   No MI                  100265600005020453              6.7500                      20080501                        14.9900                7.9900
     85353                      268,000.00                                             80.00   No MI                  100265600005020552              6.6250                      20080501                        14.7500                7.7500
     75002                      119,236.57                                             80.00   No MI                  100265600005020628              0.0000                                                       0.0000                0.0000
     78577                      79,786.65                                              85.00   No MI                  100265600005020693              6.2250                      20080501                        16.7250                9.7250
     30360                      185,351.10                                             80.00   No MI                  100265600005020735              7.3500                      20080501                        16.9900                9.9900
     32208                      77,460.83                                              80.00   No MI                  100265600005020750              7.1000                      20080501                        15.6000                8.6000
     35750                      60,712.37                                              80.00   No MI                  100265600005020974              6.8500                      20080501                        16.6500                9.6500
     55449                      350,699.20                                             80.00   No MI                  100265600005021055              8.2000                      20080501                        16.7000                9.7000
     75116                      77,098.04                                              80.00   No MI                  100265600005021212              0.0000                                                       0.0000                0.0000
     38016                      104,287.53                                             95.00   No MI                  100265600005022574              7.3000                      20080401                        16.4000                9.4000
     66213                      295,359.88                                             90.00   No MI                  100265600005023119              0.0000                                                       0.0000                0.0000
     85019                      178,200.00                                             90.00   No MI                  100265600005023523              7.7000                      20080501                        16.4000                9.4000
     78504                      85,455.71                                              80.00   No MI                  100265600005025072              7.4000                      20080501                        15.9000                8.9000
     98271                      253,800.00                                             90.00   No MI                  100265600005025221              5.9000                      20080501                        14.4000                7.4000
     85031                      152,000.00                                             80.00   No MI                  100265600005025270              5.3000                      20080501                        13.8000                6.8000
     77545                      103,011.11                                             80.00   No MI                  100265600005025304              0.0000                                                       0.0000                0.0000
     85037                      202,500.00                                             90.00   No MI                  100265600005025437              7.6500                      20080501                        15.8000                8.8000
     85345                      159,641.55                                             80.00   No MI                  100265600005025668              6.0000                      20080501                        14.5000                7.5000
     75034                      215,687.74                                             80.00   No MI                  100265600005025726              6.7500                      20080501                        15.2500                8.2500
     78247                      159,445.46                                             90.00   No MI                  100265600005025783              7.3000                      20080501                        16.6000                9.6000
     77338                      83,082.59                                              80.00   No MI                  100265600005026039              0.0000                                                       0.0000                0.0000
     75248                      331,340.70                                             80.00   No MI                  100265600005026161              0.0000                                                       0.0000                0.0000
     98033                      442,000.00                                             80.00   No MI                  100265600005026286              6.1500                      20080501                        14.6500                7.6500
     98391                      220,000.00                                             80.00   No MI                  100265600005026328              6.1200                      20080501                        14.6200                7.6200
     77494                      142,068.04                                             80.00   No MI                  100265600005026344              6.8500                      20080501                        14.3000                7.3000
     63109                      132,598.31                                             86.93   No MI                  100265600005026922              7.7500                      20080501                        16.6500                7.7500
     86326                      209,310.04                                             80.00   No MI                  100265600005027144              6.3500                      20080501                        14.8500                7.8500
     98053                      450,400.00                                             80.00   No MI                  100265600005027250              7.1500                      20080501                        15.6500                8.6500
     98118                      139,715.75                                             56.00   No MI                  100265600005027375              6.4900                      20080501                        14.9900                7.9900
     86322                      151,680.00                                             80.00   No MI                  100265600005027573              7.1000                      20080501                        15.6000                8.6000
     28214                      99,292.00                                              80.00   No MI                  100265600005027615              6.8500                      20080501                        15.3500                8.3500
     87571                      239,593.35                                             60.00   No MI                  100265600005027755              7.3750                      20090501                        15.8750                8.8750
     81005                      92,000.00                                               62.16  No MI                  100265600005028332              6.2000                      20080501                        14.5000                7.5000
     80204                      150,800.00                                             80.00   No MI                  100265600005028373              6.7000                      20080501                        15.2000                8.2000
     98230                      249,900.00                                           100.00    No MI                  100265600005028423              7.3500                      20080501                        15.8500                8.8500
     85035                      156,497.96                                             80.00   No MI                  100265600005028829              6.7500                      20080501                        15.2500                8.2500
     80920                      196,526.73                                             95.00   No MI                  100265600005028886              7.6000                      20080501                        16.1000                9.1000
     70737                      109,995.81                                             80.00   No MI                  100265600005028985              7.3000                      20080501                        15.5000                8.5000
     74017                      84,057.45                                              69.06   No MI                  100265600005031021              0.0000                                                       0.0000                0.0000
     98208                      212,000.00                                             80.00   No MI                  100265600005031575              6.2500                      20080501                        14.7500                7.7500
     85053                      220,065.26                                             95.00   No MI                  100265600005031831              7.9000                      20080501                        16.4000                9.4000
     85017                      184,000.00                                             80.00   No MI                  100265600005031906              7.2000                      20080501                        15.3500                8.3500
     78046                      134,602.95                                             80.00   No MI                  100265600005032193              0.0000                                                       0.0000                0.0000
     23223                      107,100.00                                             90.00   No MI                  100265600005035121              7.5000                      20080501                        16.6500                9.6500
     32207                      106,205.27                                             80.00   No MI                  100265600005035394              7.0000                      20080501                        15.5000                8.5000
     70812                      61,078.46                                              85.00   No MI                  100265600005035634              7.0000                      20080501                        15.1000                8.1000
     98004                      242,400.00                                             80.00   No MI                  100265600005035683              5.5000                      20080501                        14.0000                7.0000
     85035                      131,667.05                                             80.00   No MI                  100265600005035758              5.1000                      20080501                        13.9000                6.9000
     80921                      323,266.85                                             88.77   No MI                  100265600005036038              5.9500                      20080501                        14.4500                7.4500
     42724                      103,200.00                                             80.00   No MI                  100265600005036194              4.9000                      20080501                        13.9900                6.9900
     20646                      366,880.57                                             69.34   No MI                  100265600005039008              6.9000                      20080501                        15.9000                8.9000
     78045                      107,363.69                                             80.00   No MI                  100265600005039065              0.0000                                                       0.0000                0.0000
     80234                      90,400.00                                              80.00   No MI                  100265600005039396              5.9500                      20080501                        14.4500                7.4500
     98043                      116,400.00                                             80.00   No MI                  100265600005043059              6.4000                      20080501                        14.9000                7.9000
     63130                      98,691.32                                              82.50   No MI                  100265600005043133              5.8000                      20080401                        14.3000                7.3000
     54944                      165,351.09                                             90.00   No MI                  100265600005043364              0.0000                                                       0.0000                0.0000
     75227                      138,133.42                                             80.00   No MI                  100265600005043380              7.1000                      20080501                        15.2500                8.2500
     39553                      185,648.97                                             80.00   No MI                  100265600005043430              7.2800                      20080501                        15.3500                8.3500
     60430                      190,816.44                                             80.00   No MI                  100265600005043448              5.1500                      20080501                        15.0500                8.0500
     34759                      161,186.01                                             80.00   No MI                  100265600005043570              6.4000                      20080501                        14.9000                7.9000
     85335                      159,709.21                                             80.00   No MI                  100265600005043661              7.0500                      20080501                        15.5500                8.5500
     85006                      188,305.88                                             85.00   No MI                  100265600005043687              6.3500                      20080501                        14.8500                7.8500
     85009                      133,600.00                                             80.00   No MI                  100265600005043786              7.3500                      20080501                        15.8500                8.8500
     85037                      171,000.00                                             90.00   No MI                  100265600005044057              6.5000                      20080501                        15.0000                8.0000
     73069                      208,019.75                                             85.00   No MI                  100265600005044305              7.4000                      20080501                        17.9000               10.9000
     85225                      202,788.24                                             80.00   No MI                  100265600005044339              6.5000                      20080501                        15.0000                8.0000
     85204                      172,000.00                                             80.00   No MI                  100265600005044354              7.8500                      20080501                        14.8500                7.8500
     37115                      139,294.70                                             90.00   No MI                  100265600005044396              7.4500                      20080501                        16.5500                9.5500
     85201                      168,000.00                                             80.00   No MI                  100265600005044529              6.2500                      20080501                        14.7500                7.7500
     76008                      422,431.72                                             80.00   No MI                  100265600005044610              7.8500                      20080501                        15.5400                8.5400
     85242                      191,997.99                                             80.00   No MI                  100265600005044685              5.8500                      20080501                        14.3500                7.3500
     60103                      249,200.00                                             80.00   No MI                  100265600005044909              5.7750                      20080501                        15.4000                8.4000
     47102                      50,521.59                                              84.29   No MI                  100265600005044941              7.1000                      20080501                        18.1000               11.1000
     70769                      136,705.09                                             62.27   No MI                  100265600005045039              0.0000                                                       0.0000                0.0000
     63133                      60,609.44                                              80.00   No MI                  100265600005045211              7.2750                      20080501                        15.5250                8.5250
     32805                      129,357.89                                             80.00   No MI                  100265600005045237              6.9000                      20080501                        15.4000                8.4000
     85043                      185,816.93                                             80.00   No MI                  100265600005045872              6.0500                      20080501                        14.5500                7.5500
     85301                      172,703.91                                             85.00   No MI                  100265600005047068              7.7500                      20080501                        16.2500                9.2500
     89121                      140,000.00                                             80.00   No MI                  100265600005047183              6.9500                      20080501                        15.4500                8.4500
     85323                      203,200.00                                             80.00   No MI                  100265600005047209              6.6000                      20080501                        15.1000                8.1000
     98252                      159,668.49                                             78.05   No MI                  100265600005047357              6.3900                      20080501                        14.8900                7.8900
     98011                      89,000.00                                              23.06   No MI                  100265600005047365              7.2500                      20080501                        15.7500                8.7500
     75115                      195,692.82                                             80.00   No MI                  100265600005047381              6.7500                      20080501                        16.2500                9.2500
     73118                      75,589.83                                              85.00   No MI                  100265600005047811              0.0000                                                       0.0000                0.0000
     33324                      583,918.26                                             78.00   No MI                  100265600005047993              7.5000                      20080501                        15.4500                8.4500
     85033                      152,175.01                                             70.93   No MI                  100265600005048041              6.2500                      20080501                        14.7500                7.7500
     98037                      217,000.00                                             70.00   No MI                  100265600005048066              6.4000                      20080501                        14.9000                7.9000
     23225                      221,247.49                                             80.00   No MI                  100265600005048090              6.2500                      20080501                        14.7500                7.7500
     98371                      215,000.00                                             58.42   No MI                  100265600005048124              6.3900                      20080501                        14.8900                7.8900
     64131                      79,200.00                                              90.00   No MI                  100265600005048264              7.0000                      20080501                        15.5000                8.5000
     53143                      109,997.85                                             90.00   No MI                  100265600005048355              8.0500                      20080501                        16.5500                9.5500
     85345                      164,000.00                                             80.00   No MI                  100265600005048371              7.1000                      20080501                        15.6000                8.6000
     78250                      55,519.02                                              80.00   No MI                  100265600005048470              0.0000                                                       0.0000                0.0000
     60429                      319,383.63                                             80.00   No MI                  100265600005048546              5.7000                      20080501                        15.2500                8.2500
     63136                      72,110.83                                              85.00   No MI                  100265600005048694              7.1500                      20080501                        15.2500                8.2500
     77396                      127,282.15                                             80.00   No MI                  100265600005049122              7.0500                      20080501                        15.4900                8.4900
     62401                      133,084.76                                           100.00    No MI                  100265600005055053              5.0000                      20080501                        17.5000               10.5000
     33218                      149,716.91                                             80.00   No MI                  100265600005055111              6.0100                      20080501                        15.3500                8.3500
     67016                      135,884.88                                             90.00   No MI                  100265600005063123              7.4300                      20080501                        15.6800                8.6800
     73099                      134,947.39                                             80.00   No MI                  100265600005063230              6.9000                      20080501                        15.4000                8.4000
     80904                      112,346.24                                             75.00   No MI                  100265600005063396              7.4000                      20080501                        16.9000                9.9000
     80525                      293,872.09                                             80.00   No MI                  100265600005063479              7.1000                      20080501                        15.6000                8.6000
     85204                      187,119.99                                             80.00   No MI                  100265600005063495              6.7500                      20080501                        15.2500                8.2500
     98032                      176,000.00                                             80.00   No MI                  100265600005063594              5.8500                      20080501                        14.3500                7.3500
     70578                      79,818.79                                               51.02  No MI                  100265600005063909              0.0000                                                       0.0000                0.0000
     71203                      61,517.38                                              80.00   No MI                  100265600005064063              8.7500                      20090501                        16.9900                9.9900
     85308                      216,000.00                                             80.00   No MI                  100386100002181162              5.5000                      20080601                        14.5700                8.5700
     48237                      151,958.56                                             95.00   No MI                  100258910060413207              5.5000                      20080601                        16.5000               10.5000
     30165                      100,072.58                                             79.98   No MI                  100184698160227069              7.8750                      20080401                        14.8750                8.8750
     77071                      94,431.71                                              90.00   No MI                  100059400000009456              5.5000                      20080601                        16.9600               10.9600
     89121                      207,996.85                                             80.00   No MI                  100137306050026348              5.5000                      20090601                        15.7500                9.7500
     84111                      129,898.21                                             84.97   No MI                  100389160000182726              5.5000                      20080601                        16.5900               10.5900
     32807                      134,341.50                                             80.00   No MI                  100022100153351770              5.5000                      20080601                        14.9500                8.9500
     32807                      33,578.42                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     55025                      191,766.30                                             76.80   No MI                  100386100002183721              5.5000                      20080601                        14.4950                8.4950
     95376                      386,250.00                                             75.00   No MI                  100386100002184828              5.5000                      20080701                        15.8450                9.8450
     33033                      247,898.29                                             80.00   No MI                  100022100153393699              5.5000                      20080601                        15.1500                9.1500
     33033                      61,972.13                                            100.00    No MI                  100022100153394507              0.0000                                                       0.0000                0.0000
     56353                      74,950.89                                              63.56   No MI                  100389160000158189              5.5000                      20080701                        19.2400                8.1200
     62002                      83,294.50                                              80.00   No MI                          0                       6.6500                      20080301                        14.7250                7.7250
     8690                       229,500.00                                             85.00   No MI                  100076500000191466              5.5000                      20080601                        15.9000                5.5000
     62002                      20,859.48                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     89703                      120,536.49                                             90.00   No MI                  100301206032015601              6.3000                      20080401                        16.2500                9.2500
     92324                      294,400.00                                             80.00   No MI                  100040788604001057              5.5000                      20080601                        13.6900                7.6900
     92324                      73,457.83                                            100.00    No MI                  100040788604001065              0.0000                                                       0.0000                0.0000
     11798                      292,166.02                                             90.00   No MI                  100386100002185825              5.5000                      20080601                        14.8050                8.8050
     53128                      163,852.41                                             80.00   No MI                  100386100002185858              0.0000                                                       0.0000                0.0000
     63137                      100,000.00                                             80.00   No MI                  100386100002186187              5.5000                      20080601                        13.8300                5.5000
     63137                      24,987.09                                            100.00    No MI                  100386100002186211              0.0000                                                       0.0000                0.0000
     63304                      188,842.66                                             89.79   No MI                  100386100002187599              5.5000                      20080601                        16.3050               10.3050
     55021                      347,516.02                                             80.00   No MI                  100386100002188282              5.5000                      20080601                        13.8400                7.8400
     93505                      148,000.00                                             80.00   No MI                  100059400000009431              5.5000                      20080601                        15.7900                9.7900
     48883                      103,420.14                                             77.82   No MI                  100133001000557294              5.5000                      20080601                        12.9800                6.9800
     93620                      206,785.67                                             63.69   No MI                  100171906050024230              5.7500                      20080601                        15.2750                9.2750
     8055                       139,900.00                                             79.99   No MI                  100076500001016753              6.0000                      20080701                        15.2700                9.2700
     33404                      191,789.03                                             80.00   No MI                  100030200010119665              5.5000                      20080601                        14.9900                8.9900
     23356                      220,707.73                                             80.00   No MI                  100031458006020557              5.5000                      20080601                        15.0000                9.0000
     23356                      55,178.60                                              99.99   No MI                  100031458006020573              0.0000                                                       0.0000                0.0000
     92277                      180,000.00                                             90.00   No MI                  100144600097452108              5.5000                      20080601                        15.8250                9.8250
     33322                      264,795.08                                             85.00   No MI                  100331700902427726              8.3750                      20080501                        16.3750                9.3750
     33971                      174,327.02                                             57.38   No MI                  100331700902431850              6.8750                      20080301                        14.8750                7.8750
     60104                      85,346.77                                              80.00   No MI                  100331700902445488              5.0000                      20080401                        14.8750                7.8750
     48021                      198,000.00                                           100.00    No MI                  100331700902464679              2.2500                      20080301                        16.3750                9.3750
     21217                      226,000.00                                             56.50   No MI                  100331700902510596              5.5000                      20080501                        14.7500                7.7500
     23860                      121,178.87                                             90.00   No MI                  100331700902510752              7.1250                      20090401                        15.1250                8.1250
     48854                      194,731.11                                             75.00   No MI                  100331700902561144              0.0000                                                       0.0000                0.0000
     54479                      123,307.82                                             95.00   No MI                  100331700902567455              0.0000                                                       0.0000                0.0000
     43920                      159,713.49                                           100.00    No MI                  100331700902576910              0.0000                                                       0.0000                0.0000
     33830                      79,881.02                                              74.77   No MI                  100331700902590127              0.0000                                                       0.0000                0.0000
     46186                      49,820.24                                              66.67   No MI                  100331700902600546              0.0000                                                       0.0000                0.0000
     48886                      125,721.00                                             72.00   No MI                  100331700902604332              7.9900                      20080401                        15.9900                8.9900
     33707                      82,689.84                                              52.94   No MI                  100331700902615643              7.2500                      20090501                        15.2500                8.2500
     49507                      89,130.06                                              85.00   No MI                  100331700902626913              7.9000                      20080501                        16.9800                9.9800
     15537                      113,492.18                                             95.00   No MI                  100331700902628067              0.0000                                                       0.0000                0.0000
     19148                      121,409.43                                             80.00   No MI                  100331700902630816              8.2500                      20080501                        14.2500                9.2500
     15445                      85,721.50                                            100.00    No MI                  100331700902631020              7.2500                      20090501                        15.2500                8.2500
     48134                      237,017.74                                              93.14  No MI                  100331700902631160              6.9900                      20080501                        14.9900                7.9900
     89110                      440,000.00                                             89.80   No MI                  100331700902632291              8.1200                      20080501                        16.1200                9.1200
     34746                      198,500.00                                               71.15 No MI                  100331700902636003              7.8750                      20090501                        15.8750                8.8750
     49841                      63,649.53                                              75.00   No MI                  100331700902636367              0.0000                                                       0.0000                0.0000
     95632                      348,500.00                                             85.00   No MI                  100331700902643314              7.5000                      20080501                        15.5000                8.5000
     85209                      238,604.59                                           100.00    No MI                  100331700902643587              7.9900                      20080501                        15.9900                8.9900
     89074                      362,696.31                                             74.69   No MI                  100331700902644346              5.2500                      20080501                        13.2500                6.2500
     85322                      138,483.06                                             75.00   No MI                  100331700902648578              7.2560                      20080501                        15.2560                8.2560
     86322                      198,550.00                                             95.00   No MI                  100331700902649105              8.5000                      20080501                        16.5000                9.5000
     49442                      71,036.47                                              63.57   No MI                  100331700902657918              0.0000                                                       0.0000                0.0000
     89031                      220,864.86                                             75.00   No MI                  100331700902659039              7.7500                      20080501                        15.7500                8.7500
     20657                      203,761.17                                             80.00   No MI                  100331700902662173              6.0000                      20090501                        17.6250               10.6250
     32935                      99,830.58                                              64.52   No MI                  100331700902662322              7.5000                      20080501                        15.8750                8.8750
     29372                      118,709.96                                             85.00   No MI                  100331700902664492              8.2500                      20080501                        16.0000                9.0000
     49733                      93,337.45                                               88.21  No MI                  100331700902674988              0.0000                                                       0.0000                0.0000
     92114                      424,157.32                                             85.00   No MI                  100331700902676959              7.1250                      20080501                        15.1250                8.1250
     85020                      232,000.00                                             80.00   No MI                  100331700902677569              8.5000                      20080501                        16.5000                9.5000
     32218                      94,585.52                                              90.00   No MI                  100331700902680043              0.0000                                                       0.0000                0.0000
     49001                      110,377.45                                             85.00   No MI                  100331700902682403              7.2500                      20080501                        17.8750               10.8750
     46237                      106,288.23                                             95.00   No MI                  100331700902683187              0.0000                                                       0.0000                0.0000
     46218                      71,913.42                                              90.00   No MI                  100331700902692543              0.0000                                                       0.0000                0.0000
     46241                      72,761.11                                              90.00   No MI                  100331700902692717              8.5000                      20080501                        16.5000                9.5000
     46140                      119,124.73                                             90.00   No MI                  100331700902694135              0.0000                                                       0.0000                0.0000
     46974                      136,523.87                                             90.00   No MI                  100331700902694846              8.1250                      20080501                        16.1250                9.1250
     85706                      111,116.25                                             70.00   No MI                  100331700902699464              8.0000                      20080501                        16.0000                8.0000
     47456                      110,369.75                                             85.00   No MI                  100331700902718785              0.0000                                                       0.0000                0.0000
     45011                      148,216.62                                             90.00   No MI                  100331700902728115              9.1250                      20080501                        17.1250               10.1250
     85351                      98,500.00                                               71.38  No MI                  100392499500000839              5.5000                      20080601                        13.9200                7.9200
     32084                      117,396.58                                             90.00   No MI                  100386100002188563              5.5000                      20080701                        15.8700                9.8700
     46205                      94,966.20                                              95.00   No MI                  100258910060425425              5.5000                      20080601                        14.6250                9.6250
     92584                      300,000.00                                             80.00   No MI                  100153210604023984              5.5000                      20080601                        14.4800                8.4800
     92584                      74,851.57                                            100.00    No MI                  100153210604028785              0.0000                                                       0.0000                0.0000
     76048                      85,300.00                                              78.98   No MI                  100404400000034886              5.5000                      20080601                        14.2500                8.2500
     43228                      122,340.53                                             95.00   No MI                          0                       5.5000                      20080601                        15.2500                9.2500
     93552                      350,988.59                                             80.00   No MI                  100351000153577187              5.5000                      20080601                        13.8400                7.8400
     93552                      87,754.00                                            100.00    No MI                  100351000153578334              0.0000                                                       0.0000                0.0000
     33324                      159,759.38                                              50.31  No MI                  100271100000226322              5.5000                      20080601                        13.4500                7.4500
     32744                      262,278.90                                             70.00   No MI                  100255500000040146              0.0000                                                       0.0000                0.0000
     90723                      176,749.34                                             24.76   No MI                  100086600210061448              5.9500                      20080601                        13.7500                5.9500
     92376                      74,958.28                                              99.23   No MI                  100086600211023611              0.0000                                                       0.0000                0.0000
     63110                      114,584.19                                             85.00   No MI                  100404400000032997              5.5000                      20080601                        13.6500                7.6500
     32958                      233,493.68                                             85.00   No MI                  100274130912176437              5.5000                      20080601                        15.0000                9.0000
     89104                      243,000.00                                             90.00   No MI                  100137306050026827              7.4500                      20080701                        17.0370               10.0370
     40229                      72,735.33                                              80.00   No MI                  100330706050124214              5.5000                      20080601                        16.0000               10.0000
     40229                      18,192.70                                            100.00    No MI                  100330706050124222              0.0000                                                       0.0000                0.0000
     22204                      271,701.11                                             49.82   No MI                  100198900000058280              6.7500                      20080601                        14.9900                8.9900
     93274                      209,634.08                                             85.00   No MI                  100389160000190182              5.5000                      20080601                        13.4500                7.4500
     55304                      241,947.13                                             80.00   No MI                          0                       0.0000                                                       0.0000                0.0000
     55304                      60,566.03                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     2886                       216,000.00                                             80.00   No MI                  100386100002193217              5.5000                      20080701                        14.7500                8.7500
     85353                      173,600.00                                             70.00   No MI                  100386100002193589              5.5000                      20080701                        13.3950                7.3950
     2886                       53,981.56                                            100.00    No MI                  100386100002193803              0.0000                                                       0.0000                0.0000
     32209                      82,404.03                                              85.00   No MI                          0                       5.7500                      20080601                        18.1400               12.1400
     33125                      295,920.00                                             80.00   No MI                  100022100153749296              5.5000                      20080701                        14.2000                8.2000
     34475                      67,457.60                                              90.00   No MI                  100022100153783188              5.5000                      20080601                        17.6000               11.6000
     73119                      49,956.28                                              80.00   No MI                  100274130421175128              5.7500                      20080601                        16.0750               10.0750
     34711                      351,804.86                                             80.00   No MI                  100258910060414155              5.5000                      20080601                        14.1250                8.1250
     34711                      87,950.77                                            100.00    No MI                  100258910060417737              0.0000                                                       0.0000                0.0000
     97478                      161,819.01                                             75.00   No MI                  100389160000173568              6.7500                      20080601                        14.9100                8.9100
     43334                      494,411.96                                             90.00   No MI                  100274130832177747              0.0000                                                       0.0000                0.0000
     97045                      197,712.61                                             78.57   No MI                  100274130111174993              6.4750                      20080601                        14.4750                8.4750
     95670                      110,000.00                                              35.14  No MI                  100059400000009498              5.5000                      20080601                        13.4200                7.4200
     33054                      263,712.90                                             80.00   No MI                          0                       5.5000                      20080601                        15.0400                9.0400
     23831                      238,258.18                                             90.00   No MI                  100258910060508162              6.0000                      20080601                        15.3750                9.3750
     33054                      65,965.42                                            100.00    No MI                  100022100153848114              0.0000                                                       0.0000                0.0000
     30305                      340,000.00                                             80.00   No MI                  100148706040900004              5.5000                      20080601                        15.7750                9.7750
     30224                      101,000.00                                              74.81  No MI                  100148706032020003              5.5000                      20080501                        14.6900                8.6900
     30252                      149,735.29                                             78.89   No MI                  100148706041560007              5.5000                      20080601                        14.9900                8.9900
     33566                      215,200.00                                             80.00   No MI                  100030200010119517              5.5000                      20080601                        13.9300                7.9300
     33071                      178,151.39                                             80.00   No MI                  100030200010119699              5.5000                      20080601                        13.8300                7.8300
     33071                      44,577.91                                            100.00    No MI                  100030200010119707              0.0000                                                       0.0000                0.0000
     85335                      150,896.19                                             68.64   No MI                  100386100002194710              0.0000                                                       0.0000                0.0000
     8234                       56,799.71                                            100.00    No MI                  100386100002194934              0.0000                                                       0.0000                0.0000
     64501                      50,354.56                                              80.00   No MI                  100386100002194991              5.5000                      20080701                        13.7400                7.7400
     64501                      12,566.02                                            100.00    No MI                  100386100002195014              0.0000                                                       0.0000                0.0000
     85009                      140,250.00                                             82.50   No MI                  100386100002195204              5.5000                      20080701                        15.8500                9.8500
     33570                      176,000.00                                             80.00   No MI                  100386100002195493              5.5000                      20080601                        14.4300                8.4300
     33570                      43,974.93                                            100.00    No MI                  100386100002195527              0.0000                                                       0.0000                0.0000
     85338                      177,941.78                                              74.17  No MI                  100386100002196301              6.7500                      20080701                        17.3950               11.3950
     33319                      239,717.04                                             80.00   No MI                  100386100002196491              5.5000                      20080601                        14.6500                8.6500
     33319                      59,960.59                                            100.00    No MI                  100386100002196566              0.0000                                                       0.0000                0.0000
     43147                      214,178.24                                             80.00   No MI                  100330706050125047              5.5000                      20080601                        15.2800                9.2800
     43147                      53,573.74                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     75056                      398,039.63                                             80.00   No MI                  100274130412170922              6.3000                      20080501                        14.3000                8.3000
     75056                      99,566.58                                            100.00    No MI                  100274130412170971              0.0000                                                       0.0000                0.0000
     45406                      52,447.62                                              65.63   No MI                  100330706050125260              5.5000                      20080601                        15.4600                9.4600
     97918                      87,463.52                                              85.00   No MI                          0                       5.5000                      20080601                        15.5000                9.5000
     29681                      154,172.47                                             80.00   No MI                  100274130940176623              7.0000                      20080601                        15.1500                9.1500
     29681                      38,563.40                                            100.00    No MI                  100274130940176649              0.0000                                                       0.0000                0.0000
     97008                      265,803.12                                             95.00   No MI                  100424906040040226              5.5000                      20080601                        16.8500               10.8500
     30263                      129,369.39                                             89.93   No MI                  100148706033870000              5.5000                      20080601                        15.4000                9.4000
     85250                      149,424.83                                             65.00   No MI                  100389160000188210              0.0000                                                       0.0000                0.0000
     33431                      199,923.88                                             59.70   No MI                  100386100002197093              6.2500                      20080701                        16.7000               10.7000
     7750                       224,480.35                                              40.91  No MI                  100061102971861172              0.0000                                                       0.0000                0.0000
     11096                      336,000.00                                             80.00   No MI                  100061102972286536              5.5000                      20080601                        13.0050                7.0050
     11096                      83,946.06                                            100.00    No MI                  100061102972288029              0.0000                                                       0.0000                0.0000
     6082                       170,915.02                                             93.96   No MI                  100061102972290652              5.5000                      20080601                        14.5000                5.5000
     12566                      223,700.19                                             80.00   No MI                  100061102972297350              5.5000                      20080501                        12.8000                5.5000
     12566                      55,938.13                                            100.00    No MI                  100061102972297509              0.0000                                                       0.0000                0.0000
     11207                      452,000.00                                             80.00   No MI                  100061102972298838              5.5000                      20080601                        15.2500                9.2500
     11207                      112,940.49                                           100.00    No MI                  100061102972299091              0.0000                                                       0.0000                0.0000
     34119                      71,567.08                                            100.00    No MI                  100061102972301707              0.0000                                                       0.0000                0.0000
     34119                      71,567.08                                            100.00    No MI                  100061102972302200              0.0000                                                       0.0000                0.0000
     8009                       234,294.06                                             74.44   No MI                  100061102972306268              5.7500                      20080601                        12.5000                5.7500
     11416                      393,804.19                                              68.17  No MI                  100061102972315095              5.5000                      20090601                        14.5000                5.5000
     11355                      379,738.76                                             60.80   No MI                  100061102972316168              5.5000                      20080601                        13.3750                5.5000
     8054                       235,697.99                                             80.00   No MI                  100061102972317562              5.5000                      20080601                        14.2500                5.5000
     8054                       58,968.62                                            100.00    No MI                  100061102972317802              0.0000                                                       0.0000                0.0000
     11701                      402,400.00                                             80.00   No MI                  100061102972321762              5.5000                      20090501                        13.9000                5.5000
     11701                      100,505.55                                           100.00    No MI                  100061102972321929              0.0000                                                       0.0000                0.0000
     20602                      164,903.08                                             50.30   No MI                  100061102972322182              5.5000                      20080601                        13.9250                5.5000
     11422                      469,755.95                                             74.02   No MI                  100061102972323412              6.0000                      20090601                        14.3500                6.0000
     28546                      143,870.69                                             90.00   No MI                  100061102972325565              6.0000                      20080601                        15.9500                6.0000
     11434                      471,314.59                                             80.00   No MI                  100061102972327546              0.0000                                                       0.0000                0.0000
     33972                      159,824.18                                              84.21  No MI                  100061102972327702              5.5000                      20080601                        14.9900                5.5000
     11221                      648,222.86                                             85.00   No MI                  100061102972335705              5.5000                      20090601                        12.9900                5.5000
     1609                       111,867.17                                             80.00   No MI                  100061102972336877              5.5000                      20080601                        14.6750                5.5000
     1609                       27,963.56                                            100.00    No MI                  100061102972336877              0.0000                                                       0.0000                0.0000
     30349                      127,776.50                                             80.00   No MI                  100032100001014776              5.5000                      20080401                        14.0550                5.5000
     30349                      31,994.54                                            100.00    No MI                  100032100001014784              0.0000                                                       0.0000                0.0000
     30011                      165,446.00                                             80.00   No MI                  100032100001020096              5.5000                      20080501                        13.7650                5.5000
     30011                      41,325.33                                            100.00    No MI                  100032100001020112              0.0000                                                       0.0000                0.0000
     30039                      155,046.47                                             90.00   No MI                  100032100001022522              6.0000                      20080501                        16.2100                6.0000
     30213                      237,816.00                                             90.00   No MI                  100032100001022217              6.0000                      20080601                        16.4600                6.0000
     30012                      160,797.00                                             80.00   No MI                  100032100001021094              5.5000                      20080501                        14.0000                5.5000
     30012                      40,172.51                                            100.00    No MI                  100032100001021193              0.0000                                                       0.0000                0.0000
     30238                      171,773.00                                             80.00   No MI                  100032100001018165              5.5000                      20080501                        13.5300                5.5000
     30238                      42,903.40                                            100.00    No MI                  100032100001018199              0.0000                                                       0.0000                0.0000
     30135                      145,454.00                                             80.00   No MI                  100032100000630051              5.5000                      20090401                        15.6150                5.5000
     30135                      36,325.98                                            100.00    No MI                  100032100000630069              0.0000                                                       0.0000                0.0000
     30135                      149,592.00                                             80.00   No MI                  100032100000632016              5.5000                      20080501                        14.8750                5.5000
     30135                      37,373.37                                            100.00    No MI                  100032100001019411              0.0000                                                       0.0000                0.0000
     30016                      169,672.00                                             80.00   No MI                  100032100001020740              5.5000                      20080501                        14.9400                5.5000
     30016                      42,385.42                                            100.00    No MI                  100032100001020757              0.0000                                                       0.0000                0.0000
     30093                      127,950.00                                             79.99   No MI                  100032100001015740              5.5000                      20080401                        16.8650                5.5000
     30296                      132,392.00                                             80.00   No MI                  100032100001021441              5.5000                      20080501                        15.6900                5.5000
     30296                      33,073.29                                            100.00    No MI                  100032100001021433              0.0000                                                       0.0000                0.0000
     30067                      83,199.92                                              80.00   No MI                  100032100001018793              5.5000                      20080501                        14.3750                5.5000
     30067                      20,736.13                                            100.00    No MI                  10003210000101889               0.0000                                                       0.0000                0.0000
     30135                      138,751.04                                             80.00   No MI                  100032100001022209              5.5000                      20080501                        13.8750                5.5000
     30135                      34,729.03                                            100.00    No MI                  100032100001022126              0.0000                                                       0.0000                0.0000
     30121                      113,165.84                                             80.00   No MI                  100032100001012077              5.5000                      20080401                        14.5650                5.5000
     30121                      28,327.60                                            100.00    No MI                  100032100001012085              0.0000                                                       0.0000                0.0000
     30093                      31,917.25                                              99.97   No MI                  100032100001015757              0.0000                                                       0.0000                0.0000
     30093                      189,850.92                                           100.00    No MI                  100032100001022415              5.5000                      20080601                        16.5800                5.5000
     33417                      59,937.86                                              79.37   No MI                  100386100002200079              0.0000                                                       0.0000                0.0000
     30058                      101,886.35                                             85.00   No MI                  100148706020650001              5.5000                      20080501                        16.8750               10.8750
     29554                      91,938.03                                            100.00    No MI                  100229330000131080              5.5000                      20080401                        15.8750                5.5000
     6451                       157,211.72                                             90.00   No MI                  100258910060210884              0.0000                                                       0.0000                0.0000
     54812                      89,845.04                                              89.95   No MI                  100274130632172526              5.7500                      20080601                        14.7000                8.7000
     33605                      179,798.48                                             80.00   No MI                  100274130912178177              6.9000                      20080601                        14.9000                8.9000
     33605                      44,971.42                                            100.00    No MI                  100274130912178219              0.0000                                                       0.0000                0.0000
     32046                      92,000.00                                              80.00   No MI                  100229330000143267              5.5000                      20090601                        16.0000               10.0000
     32046                      22,988.82                                            100.00    No MI                  100229330000149967              0.0000                                                       0.0000                0.0000
     61032                      49,955.96                                              73.53   No MI                  100404400000033813              0.0000                                                       0.0000                0.0000
     18702                      75,448.13                                              85.80   No MI                  100273100008196178              5.5000                      20080501                        14.9400                8.9400
     65803                      71,181.00                                              89.06   No MI                  100273100008205631              5.5000                      20080501                        17.5000                5.5000
     46236                      148,283.74                                             90.00   No MI                  100273100008210623              5.5000                      20080501                        15.6000                9.6000
     33541                      236,107.97                                             75.00   No MI                  100273100008215309              0.0000                                                       0.0000                0.0000
     66062                      171,792.69                                             80.00   No MI                  100273100008218873              5.5000                      20080501                        16.4900               10.4900
     18508                      71,726.41                                            100.00    No MI                  100273100008223717              5.5000                      20080501                        17.2400                5.5000
     85021                      191,838.70                                             85.00   No MI                  100273100008225373              6.0000                      20080601                        13.9500                7.9500
     80003                      170,711.73                                             75.00   No MI                  100273100008226868              6.0000                      20080501                        14.9000                8.9000
     30349                      124,577.02                                             80.00   No MI                  100273100008228237              5.7500                      20080501                        14.6250                8.6250
     48219                      101,144.85                                             75.00   No MI                  100273100008232189              6.0000                      20080501                        17.2500               11.2500
     53115                      131,140.62                                             75.00   No MI                  100273100008237279              6.0000                      20080601                        16.3000               10.3000
     30045                      159,153.88                                             90.00   No MI                  100273100008239945              5.5000                      20080601                        15.8500                9.8500
     41543                      107,858.48                                             75.00   No MI                  100273100008240455              5.5000                      20080501                        16.1000               10.1000
     18447                      83,953.79                                              62.78   No MI                  100273100008241925              7.0000                      20080601                        18.2000               12.2000
     45373                      121,600.00                                             80.00   No MI                  100273100008221505              5.5000                      20080501                        15.2000                9.2000
     45373                      30,377.41                                            100.00    No MI                  100273100008222073              0.0000                                                       0.0000                0.0000
     90044                      355,300.00                                             95.00   No MI                  100255500000040476              5.5000                      20080601                        15.6000                9.6000
     65686                      519,328.00                                             80.00   No MI                  100386100002201804              5.5000                      20080701                        15.5000                9.5000
     65686                      129,792.29                                           100.00    No MI                  100386100002202042              0.0000                                                       0.0000                0.0000
     63111                      107,936.23                                             90.00   No MI                  100386100002202547              0.0000                                                       0.0000                0.0000
     93535                      310,102.47                                             85.00   No MI                  100144600097452306              6.2500                      20080601                        14.6500                8.6500
     85338                      343,634.39                                             80.00   No MI                  100291300000604553              5.5000                      20080601                        15.1500                9.1500
     96002                      166,935.41                                             66.27   No MI                  100258940060500612              5.5000                      20080701                        16.6250               10.6250
     95355                      467,839.69                                             79.05   No MI                  100040788605000330              5.5000                      20080601                        15.7500                9.7500
     92530                      379,738.76                                             95.00   No MI                  100258920060403199              5.5000                      20080601                        13.3750                7.3750
     8046                       151,914.34                                             80.00   No MI                  100124100000022720              5.5000                      20080701                        14.8500                8.8500
     33563                      93,873.79                                              80.00   No MI                  100040788605000884              5.5000                      20080601                        14.9000                8.9000
     33563                      23,450.99                                            100.00    No MI                  100040788605000892              0.0000                                                       0.0000                0.0000
     80112                      303,827.77                                             84.44   No MI                  100328400200603061              6.0000                      20080601                        14.0500                8.0500
     70634                      77,559.98                                              80.00   No MI                  100437200606140041              5.5000                      20090701                        15.2750                9.2750
     92808                      279,686.52                                             70.00   No MI                  100086600211024064              5.9500                      20080601                        14.9000                5.9500
     92335                      299,653.54                                             77.92   No MI                  100086600211024478              5.9500                      20080601                        14.7500                5.9500
     97007                      178,262.38                                             80.00   No MI                  100274130111172872              0.0000                                                       0.0000                0.0000
     99901                      200,811.30                                           100.00    No MI                  100274130172170880              0.0000                                                       0.0000                0.0000
     99654                      187,061.98                                             80.00   No MI                  100274130172176135              6.5500                      20080501                        14.5500                6.5500
     99654                      46,757.58                                            100.00    No MI                  100274130172176135              0.0000                                                       0.0000                0.0000
     85375                      284,900.00                                           100.00    No MI                  100274130210175842              9.1000                      20080501                        17.1000                9.1000
     85705                      161,045.41                                             75.00   No MI                  100274130211171329              7.6500                      20080501                        16.2500                7.6500
     84044                      101,782.64                                             80.00   No MI                  100274130232175986              5.7500                      20080501                        13.7500                5.7500
     84044                      25,177.91                                              99.76   No MI                  100274130232175994              0.0000                                                       0.0000                0.0000
     76522                      73,447.99                                              80.00   No MI                  100274130412173496              6.0000                      20080501                        14.0000                6.0000
     76522                      18,373.78                                            100.00    No MI                  100274130412173496              0.0000                                                       0.0000                0.0000
     74501                      87,706.97                                              79.98   No MI                  100274130422170359              5.6000                      20080501                        13.6000                5.6000
     74501                      21,980.07                                            100.00    No MI                  100274130422170359              0.0000                                                       0.0000                0.0000
     74127                      121,390.31                                             90.00   No MI                  100274130422171985              7.6000                      20080601                        15.9250                7.6000
     74501                      135,680.25                                             79.99   No MI                  100274130422175333              7.1000                      20080501                        15.1000                7.1000
     74501                      33,972.42                                            100.00    No MI                  100274130422175341              0.0000                                                       0.0000                0.0000
     64151                      107,087.25                                             80.00   No MI                  100274130522177270              7.2000                      20080601                        15.2000                7.2000
     64151                      26,781.62                                            100.00    No MI                  100274130522177288              0.0000                                                       0.0000                0.0000
     35480                      149,110.44                                             80.00   No MI                  100274130542177510              5.8500                      20080601                        13.8500                5.8500
     35480                      37,277.08                                            100.00    No MI                  100274130542175536              0.0000                                                       0.0000                0.0000
     36303                      89,934.10                                              90.00   No MI                  100274130542177433              8.9000                      20080601                        16.9000                8.9000
     37615                      67,916.47                                              80.00   No MI                  100274130572174755              6.4500                      20080601                        14.4500                6.4500
     37615                      16,980.17                                            100.00    No MI                  100274130572174763              0.0000                                                       0.0000                0.0000
     72744                      59,489.31                                              79.74   No MI                  100274130582175214              7.3500                      20080601                        15.3500                7.3500
     72744                      14,992.37                                              99.83   No MI                  100274130582175214              0.0000                                                       0.0000                0.0000
     55920                      108,675.64                                             80.00   No MI                  100274130612175812              6.8000                      20080601                        14.8000                6.8000
     55920                      27,175.84                                            100.00    No MI                  100274130612175820              0.0000                                                       0.0000                0.0000
     55104                      271,824.39                                             80.00   No MI                  100274130612176232              7.0000                      20080501                        15.0000                7.0000
     55104                      67,909.00                                            100.00    No MI                  100274130612176257              0.0000                                                       0.0000                0.0000
     2920                       278,678.65                                             85.00   No MI                  100274130722169911              6.9500                      20080601                        14.9500                6.9500
     2909                       293,721.62                                             70.00   No MI                  100274130722172394              7.7000                      20080601                        15.7000                7.7000
     2818                       494,966.88                                             75.00   No MI                  100274130722172782              4.9500                      20080501                        12.9500                4.9500
     10701                      95,875.26                                              80.00   No MI                  100274130812168617              6.1750                      20080601                        14.1750                6.1750
     10701                      23,986.35                                            100.00    No MI                  100274130812168617              0.0000                                                       0.0000                0.0000
     11207                      531,452.04                                             80.00   No MI                  100274130812177097              7.3000                      20080601                        15.3000                7.3000
     11207                      132,926.85                                           100.00    No MI                  100274130812177121              0.0000                                                       0.0000                0.0000
     19125                      108,341.88                                             75.00   No MI                  100274130820167106              7.0000                      20080601                        17.4000                7.0000
     19050                      163,847.97                                             80.00   No MI                  100274130820174383              7.0000                      20080601                        15.8000                7.0000
     18610                      215,912.73                                             80.00   No MI                  100274130821174184              0.0000                                                       0.0000                0.0000
     43952                      49,979.84                                              89.93   No MI                  100274130832174603              7.8000                      20080601                        15.8000                7.8000
     44446                      71,870.89                                              80.00   No MI                  100274130832174926              0.0000                                                       0.0000                0.0000
     44446                      17,986.66                                            100.00    No MI                  100274130832174942              0.0000                                                       0.0000                0.0000
     8085                       361,037.58                                             85.00   No MI                  100274130840176202              5.9500                      20080601                        13.9500                5.9500
     32073                      424,008.98                                             90.00   No MI                  100274130910173014              0.0000                                                       0.0000                0.0000
     33404                      161,069.47                                             75.00   No MI                  100274130910174475              6.9000                      20080601                        14.9000                6.9000
     34986                      359,758.87                                             80.00   No MI                  100274130910175431              7.3000                      20080601                        15.3000                7.3000
     34986                      89,951.57                                            100.00    No MI                  100274130910175456              0.0000                                                       0.0000                0.0000
     33914                      211,929.55                                             84.80   No MI                  100274130912175249              7.7500                      20080601                        15.8500                7.7500
     34608                      173,807.20                                             75.00   No MI                  100274130912176015              6.9500                      20080601                        14.9500                6.9500
     27615                      232,019.53                                              71.42  No MI                  100274130930173168              7.2500                      20080501                        17.0500                7.2500
     20020                      225,274.92                                             53.44   No MI                  100274130971176591              5.5000                      20080601                        15.4500                5.5000
     86413                      137,505.30                                             80.00   No MI                  100386100002203909              0.0000                                                       0.0000                0.0000
     86413                      34,385.41                                            100.00    No MI                  100386100002204154              0.0000                                                       0.0000                0.0000
     21136                      143,920.00                                             80.00   No MI                  100386100002204667              5.5000                      20080701                        14.2500                8.2500
     21136                      35,980.00                                            100.00    No MI                  100386100002204675              0.0000                                                       0.0000                0.0000
     34104                      527,200.00                                             80.00   No MI                  100040788605000959              5.5000                      20080701                        16.9250               10.9250
     43068                      118,702.96                                             90.00   No MI                  100202930604100018              6.0000                      20080601                        16.4500               10.4500
     44052                      115,003.78                                             95.00   No MI                  100202930604180085              5.5000                      20080601                        14.6000                5.5000
     44314                      80,724.28                                              85.00   No MI                  100202930604220048              6.0000                      20080601                        15.9900                9.9900
     98465                      191,218.59                                             85.00   No MI                  100258920060401201              6.2500                      20080701                        15.8750                6.2500
     44055                      84,931.50                                               84.18  No MI                  100202930604100182              0.0000                                                       0.0000                0.0000
     19116                      209,702.60                                             69.77   No MI                  100258910060501001              6.2500                      20080601                        13.7500                7.7500
     45410                      87,954.96                                              80.00   No MI                  100202930604280000              5.5000                      20080601                        14.4000                8.4000
     45410                      21,958.15                                            100.00    No MI                  100202930604250078              0.0000                                                       0.0000                0.0000
     43609                      78,298.38                                              80.00   No MI                  100202930603240088              7.0500                      20080501                        16.1500               10.1500
     46835                      83,666.23                                              80.00   No MI                  100202930604200099              5.5000                      20080601                        14.9000                8.9000
     46703                      202,288.79                                             90.00   No MI                  100202930604050049              5.5000                      20080601                        15.2400                9.2400
     33896                      216,000.00                                             80.00   No MI                          0                       5.5000                      20080701                        14.0200                8.0200
     30040                      184,000.00                                              71.32  No MI                  100148706040050000              4.8500                      20080601                        14.0500                8.0500
     33709                      202,388.55                                             90.00   No MI                  100389160000146127              0.0000                                                       0.0000                0.0000
     95660                      274,360.55                                             90.00   No MI                  100144600097452926              5.5000                      20080601                        14.4250                5.5000
     33896                      53,983.49                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     92277                      210,600.00                                             89.62   No MI                  100144600097452090              5.5000                      20080601                        15.5500                9.5500
     11420                      423,295.61                                             80.00   No MI                  100061102972294878              5.5000                      20080501                        14.9700                5.5000
     11420                      105,906.04                                           100.00    No MI                  100061102972295115              0.0000                                                       0.0000                0.0000
     7017                       251,545.76                                             80.00   No MI                  100061102972298424              5.5000                      20080501                        14.5950                5.5000
     7017                       62,941.08                                            100.00    No MI                  100061102972298671              0.0000                                                       0.0000                0.0000
     30286                      85,452.81                                              90.00   No MI                  100386100002207041              5.5000                      20080701                        14.9500                8.9500
     22191                      320,000.00                                             79.80   No MI                  100386100002206944              5.5000                      20080701                        13.9500                7.9500
     18301                      160,640.00                                             80.00   No MI                  100386100002207603              5.5000                      20080701                        13.2500                7.2500
     18301                      40,148.12                                            100.00    No MI                  100386100002207645              0.0000                                                       0.0000                0.0000
     98902                      146,796.17                                             80.00   No MI                  100173250010044030              7.2250                      20080501                        14.2250                8.2250
     98902                      36,622.85                                            100.00    No MI                  100173250010044048              0.0000                                                       0.0000                0.0000
     90280                      340,869.93                                             65.00   No MI                  100258920060502552              6.2500                      20080601                        14.9250                8.9250
     33030                      221,000.00                                             85.00   No MI                  100389160000195660              5.5000                      20080701                        15.3000                9.3000
     27893                      234,577.28                                             90.25   No MI                  100129600000537747              0.0000                                                       0.0000                0.0000
     89110                      208,000.00                                             84.90   No MI                  100137306050025514              5.5000                      20080601                        14.3380                7.3380
     93930                      399,361.06                                             85.00   No MI                  100086600210062644              5.9500                      20080601                        15.7000                5.9500
     90255                      56,114.33                                              89.54   No MI                  100086600211023645              0.0000                                                       0.0000                0.0000
     90003                      416,026.41                                             85.00   No MI                  100086600211024437              5.9500                      20080601                        14.8250                5.9500
     55744                      133,914.55                                             94.37   No MI                  100386100002209690              0.0000                                                       0.0000                0.0000
     8270                       213,621.87                                             95.00   No MI                  100184618360403005              0.0000                                                       0.0000                0.0000
     45064                      68,352.93                                              90.00   No MI                  100022100154308613              0.0000                                                       0.0000                0.0000
     89511                      258,400.00                                             80.00   No MI                  100246100006652960              5.5000                      20080601                        12.8300                6.8300
     98802                      147,870.74                                             84.57   No MI                  100389160000221342              0.0000                                                       0.0000                0.0000
     11575                      417,066.75                                             95.00   No MI                  100274130810169435              6.9500                      20080401                        14.9500                6.9500
     30062                      228,000.00                                             80.00   No MI                  100184698160510126              5.5000                      20080601                        15.5000                9.5000
     30062                      56,976.61                                            100.00    No MI                  100184698160510134              0.0000                                                       0.0000                0.0000
     92647                      299,792.29                                             44.78   No MI                  100220800016050580              6.3500                      20080601                        13.3500                7.3500
     89142                      259,779.00                                             80.00   No MI                  100144600097452777              5.5000                      20080601                        14.2000                5.5000
     90221                      324,000.00                                             80.00   No MI                  100144600097453338              5.5000                      20080601                        13.5000                7.5000
     92707                      106,926.62                                           100.00    No MI                  100144600097453247              0.0000                                                       0.0000                0.0000
     60628                      26,949.50                                              99.99   No MI                  100086600105003323              0.0000                                                       0.0000                0.0000
     33406                      159,600.07                                              61.54  No MI                  100086600210060366              0.0000                                                       0.0000                0.0000
     33035                      141,861.71                                             79.98   No MI                  100086600210060762              5.9500                      20080501                        14.9250                5.9500
     33035                      35,467.47                                              99.96   No MI                  100086600210060770              0.0000                                                       0.0000                0.0000
     89121                      229,328.31                                             90.00   No MI                  100086600210062347              5.9500                      20080501                        14.5000                5.9500
     33016                      105,000.00                                             70.95   No MI                  100086600211019940              5.9500                      20080301                        15.1250                5.9500
     35217                      61,499.71                                              80.00   No MI                  100086600211020559              5.9500                      20080401                        16.4500                5.9500
     19132                      52,691.54                                              80.00   No MI                  100086600211020864              5.9500                      20080401                        15.3500                5.9500
     33015                      283,311.52                                             80.00   No MI                  100086600211021961              5.9500                      20080401                        14.5500                5.9500
     30013                      151,730.25                                             80.00   No MI                  100086600211022159              5.9500                      20080501                        14.6750                5.9500
     30013                      37,972.99                                            100.00    No MI                  100086600211022167              0.0000                                                       0.0000                0.0000
     81401                      89,884.58                                               68.18  No MI                  100086600211022415              5.9500                      20080501                        16.2000                5.9500
     92677                      364,800.00                                             80.00   No MI                  100086600211023215              5.9500                      20080501                        14.4500                5.9500
     92677                      91,123.51                                            100.00    No MI                  100086600211023223              0.0000                                                       0.0000                0.0000
     92399                      79,885.02                                            100.00    No MI                  100086600484016581              0.0000                                                       0.0000                0.0000
     22192                      378,922.00                                             80.00   No MI                  100086600558060648              5.9500                      20080401                        13.8000                5.9500
     22192                      405,000.00                                             90.00   No MI                  100386100002210300              5.5000                      20080701                        13.7750                7.7750
     93307                      204,936.43                                             64.87   No MI                  100386100002210615              6.0000                      20080701                        13.7250                7.7250
     64507                      97,600.00                                              80.00   No MI                  100386100002211522              5.5000                      20080701                        13.9250                7.9250
     46237                      141,530.13                                             80.00   No MI                  100246100006638860              5.5000                      20080401                        15.8750                9.8750
     8322                       203,750.95                                             85.00   No MI                  100271100000230027              5.3000                      20080601                        13.3000                7.3000
     85326                      170,400.00                                             80.00   No MI                  100173250020063277              7.0000                      20080501                        14.0000                8.0000
     85326                      42,560.97                                            100.00    No MI                  100173250020063285              0.0000                                                       0.0000                0.0000
     60402                      216,063.56                                             84.99   No MI                  100013700039514508              5.5000                      20080401                        14.8000                8.8000
     36301                      127,874.90                                             80.00   No MI                  100274130542179348              5.5000                      20080601                        15.5500                9.5500
     36301                      31,981.79                                            100.00    No MI                  100274130542179355              0.0000                                                       0.0000                0.0000
     6360                       187,957.64                                              81.74  No MI                  100302600900600123              5.5000                      20080701                        14.8200                8.8200
     40223                      200,630.88                                             82.30   No MI                  100330706040123656              5.5000                      20080601                        16.2500               10.2500
     30517                      188,800.00                                             80.00   No MI                  100013700039502271              7.1250                      20080301                        14.1500                8.1500
     30517                      47,130.97                                            100.00    No MI                  100013700039502354              0.0000                                                       0.0000                0.0000
     31763                      119,354.81                                             79.99   No MI                  100013700039419658              0.0000                                                       0.0000                0.0000
     60120                      356,911.30                                              71.60  No MI                  100013700039484850              6.0000                      20080301                        14.5500                8.5500
     76272                      89,088.16                                              80.00   No MI                  100404400000040966              5.5000                      20080601                        14.3500                8.3500
     76272                      22,288.13                                            100.00    No MI                  100404400000046799              0.0000                                                       0.0000                0.0000
     34953                      333,000.00                                             90.00   No MI                  100203000154450186              5.5000                      20080601                        15.3500                9.3500
     76051                      320,144.25                                             90.00   No MI                  100404400000032310              5.5000                      20080601                        16.5000               10.5000
     19145                      200,736.03                                             80.00   No MI                  100258910060501399              6.2500                      20080601                        15.9900                9.9900
     43015                      209,798.00                                             95.00   No MI                          0                       5.5000                      20080601                        15.3750                9.3750
     47025                      161,779.42                                             90.00   No MI                  100330706040123938              0.0000                                                       0.0000                0.0000
     90057                      343,762.06                                             80.00   No MI                  100389160000217290              5.5000                      20080701                        13.8500                7.8500
     92571                      351,295.02                                             95.00   No MI                  100144600097453734              5.5000                      20080601                        13.9500                5.5000
     30135                      185,108.37                                             80.00   No MI                  100016900062538013              5.5000                      20080401                        14.9800                8.9800
     32776                      232,829.83                                              81.75  No MI                          0                       5.5000                      20080701                        13.5800                7.5800
     32703                      97,459.11                                              75.00   No MI                  100022100154563795              5.7500                      20080701                        16.2500               10.2500
     85037                      184,000.00                                             80.00   No MI                          0                       5.5000                      20080701                        13.8500                7.8500
     93536                      363,200.00                                             80.00   No MI                  100040788605000900              5.5000                      20080601                        15.4250                9.4250
     93536                      90,712.45                                            100.00    No MI                  100040788605000918              0.0000                                                       0.0000                0.0000
     32179                      531,795.89                                             70.00   No MI                  100386100002215168              5.5000                      20080701                        12.9750                6.9750
     56353                      254,862.16                                             85.00   No MI                  100386100002215317              5.5000                      20080701                        15.0500                9.0500
     33025                      352,000.00                                             80.00   No MI                  100386100002215457              5.5000                      20080701                        15.1750                9.1750
     19702                      364,500.00                                             89.80   No MI                  100076500001004627              5.5000                      20080701                        13.3600                7.3600
     92407                      155,587.74                                             42.74   No MI                  100091620020050723              0.0000                                                       0.0000                0.0000
     97080                      165,711.87                                              58.16  No MI                  100258910060424576              5.5000                      20080701                        14.7500                8.7500
     85029                      191,879.56                                             82.40   No MI                  100389160000237652              5.5000                      20080701                        14.3300                8.3300
     32209                      80,687.13                                              85.00   No MI                          0                       5.7500                      20080601                        18.1400               12.1400
     94591                      399,200.00                                             80.00   No MI                  100040788605000793              5.5000                      20080701                        14.3750                8.3750
     24091                      78,917.78                                               83.16  No MI                  100274130950177073              7.2500                      20080601                        15.2500                9.2500
     92395                      254,827.76                                             85.00   No MI                  100220800016031572              5.5000                      20080501                        14.9000                8.9000
     44120                      124,652.87                                             80.00   No MI                  100202930605110040              5.5000                      20080601                        14.6500                8.6500
     80917                      151,797.42                                             80.00   No MI                  100030200010120580              5.5000                      20080601                        14.0500                8.0500
     2143                       489,615.85                                             72.06   No MI                  100302600850600016              0.0000                                                       0.0000                0.0000
     43822                      130,395.84                                             90.00   No MI                          0                       6.0000                      20080601                        16.5000               10.5000
     43130                      185,156.94                                             95.00   No MI                          0                       5.5000                      20080701                        15.4000                5.5000
     33024                      187,333.41                                             75.00   No MI                  100086600211024668              0.0000                                                       0.0000                0.0000
     19124                      70,152.42                                              90.00   No MI                  100467800000001930              6.0000                      20080701                        13.9500                7.9500
     85043                      151,910.72                                             69.09   No MI                  100386100002218634              5.7500                      20080701                        14.6500                8.6500
     53121                      156,498.07                                             90.00   No MI                  100386100002218998              0.0000                                                       0.0000                0.0000
     33569                      169,885.00                                             80.00   No MI                          0                       5.5000                      20080701                        14.8750                5.5000
     33569                      42,456.51                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     1013                       90,320.00                                              80.00   No MI                  100073800000378565              6.3000                      20080501                        14.3000                8.3000
     1013                       22,501.01                                            100.00    No MI                  100073800000378649              0.0000                                                       0.0000                0.0000
     75056                      209,530.79                                             90.00   No MI                  100404400000046427              5.5000                      20080601                        16.4500               10.4500
     55356                      172,000.00                                             80.00   No MI                  100431500000005062              5.5000                      20080601                        14.2500                5.5000
     33161                      97,471.67                                              75.00   No MI                  100258910060507180              5.5000                      20080701                        13.9500                7.9500
     85007                      233,100.00                                             90.00   No MI                  100389160000229550              5.5000                      20080701                        15.9300                9.9300
     30319                      510,646.65                                             80.00   No MI                  100229330000120729              5.7500                      20080401                        14.1250                8.1250
     30121                      308,630.30                                             95.00   No MI                  100184698160519119              5.5000                      20080601                        15.3380                9.3380
     30331                      123,863.59                                             80.00   No MI                  100184698160503022              5.5000                      20080601                        14.9900                8.9900
     28262                      384,556.72                                             95.00   No MI                  100146850106108211              0.0000                                                       0.0000                0.0000
     87109                      227,934.69                                             95.00   No MI                  100093900000130457              5.5000                      20080701                        14.0000                8.0000
     95356                      214,935.32                                              61.43  No MI                  100389160000156886              5.5000                      20080701                        13.8300                7.8300
     79606                      98,285.40                                            100.00    No MI                  100378000003041425              0.0000                                                       0.0000                0.0000
     33020                      50,267.84                                            100.00    No MI                  100378000003045962              0.0000                                                       0.0000                0.0000
     33025                      318,151.81                                             80.00   No MI                  100378000003063155              0.0000                                                       0.0000                0.0000
     20747                      261,000.00                                             90.00   No MI                  100378000003074145              6.7500                      20080201                        14.5000                8.5000
     60655                      149,806.65                                             75.00   No MI                  100378000003080720              6.0000                      20080101                        14.2500                8.2500
     36870                      17,432.78                                            100.00    No MI                  100378000003084334              0.0000                                                       0.0000                0.0000
     49509                      25,314.50                                            100.00    No MI                  100378000003088590              0.0000                                                       0.0000                0.0000
     30079                      33,676.72                                            100.00    No MI                  100378000003090729              0.0000                                                       0.0000                0.0000
     80013                      70,996.31                                              99.30   No MI                  100378000003095603              8.0000                      20080101                        15.5000                9.5000
     33126                      143,387.66                                             80.00   No MI                  100378000003103670              5.5000                      20080201                        13.8100                7.8100
     33126                      35,912.41                                            100.00    No MI                  100378000003103688              0.0000                                                       0.0000                0.0000
     30296                      147,643.88                                           100.00    No MI                  100378000003105980              7.3100                      20080201                        16.5600               10.5600
     32607                      33,304.23                                            100.00    No MI                  100378000003108737              0.0000                                                       0.0000                0.0000
     32779                      343,729.26                                             73.40   No MI                  100378000003108968              6.2500                      20090301                        14.0900                8.0900
     33610                      151,350.36                                             80.00   No MI                  100378000003112713              5.5000                      20080201                        13.7850                7.7850
     33610                      37,911.95                                            100.00    No MI                  100378000003112804              0.0000                                                       0.0000                0.0000
     77053                      114,000.00                                             95.00   No MI                  100378000003113976              7.0000                      20080201                        15.1800                9.1800
     30030                      278,999.58                                             90.00   No MI                  100378000003123769              5.5000                      20080301                        13.7100                7.7100
     33157                      244,799.80                                             80.00   No MI                  100378000003128164              5.5000                      20080301                        15.1500                9.1500
     75149                      92,446.62                                              80.00   No MI                  100378000003131218              4.3750                      20080301                        13.4900                4.3750
     75149                      23,086.68                                            100.00    No MI                  100378000003131259              0.0000                                                       0.0000                0.0000
     27981                      251,379.02                                             80.00   No MI                  100378000003131689              5.5000                      20080401                        14.4700                8.4700
     32725                      199,199.05                                             80.00   No MI                  100378000003132281              5.5000                      20080401                        15.9250                9.9250
     30016                      102,959.73                                             78.03   No MI                  100378000003134543              0.0000                                                       0.0000                0.0000
     33617                      109,600.00                                             80.00   No MI                  100378000003137900              5.5000                      20080401                        13.8900                7.8900
     33617                      27,367.96                                            100.00    No MI                  100378000003137926              0.0000                                                       0.0000                0.0000
     30114                      291,421.68                                             80.00   No MI                  100378000003138189              5.5000                      20080401                        15.5250                9.5250
     30135                      108,000.00                                             80.00   No MI                  100378000003139435              5.5000                      20090401                        14.6400                8.6400
     30135                      26,971.22                                            100.00    No MI                  100378000003139468              0.0000                                                       0.0000                0.0000
     19061                      139,678.25                                             80.00   No MI                  100378000003140342              5.5000                      20090401                        14.8100                8.8100
     38127                      52,600.99                                              85.00   No MI                  100378000003141860              5.5000                      20080401                        15.7750                9.7750
     32725                      19,902.54                                              88.00   No MI                  100378000003142215              0.0000                                                       0.0000                0.0000
     30188                      118,400.00                                             80.00   No MI                  100378000003143494              5.5000                      20080401                        13.3000                7.3000
     30188                      29,565.04                                            100.00    No MI                  100378000003143510              0.0000                                                       0.0000                0.0000
     33897                      208,800.00                                             80.00   No MI                  100378000003143833              5.5000                      20080401                        14.6750                8.6750
     33897                      52,149.20                                            100.00    No MI                  100378000003143858              0.0000                                                       0.0000                0.0000
     30224                      87,681.19                                              80.00   No MI                  100378000003144419              5.5000                      20080401                        13.9900                7.9900
     30224                      21,958.47                                            100.00    No MI                  100378000003144443              0.0000                                                       0.0000                0.0000
     23860                      52,106.77                                              90.00   No MI                  100378000003144831              0.0000                                                       0.0000                0.0000
     23224                      50,310.00                                              90.00   No MI                  100378000003145788              0.0000                                                       0.0000                0.0000
     30019                      167,959.41                                             95.00   No MI                  100378000003146190              7.5000                      20080501                        16.7750               10.7750
     37210                      93,428.90                                              90.00   No MI                  100378000003146224              5.5000                      20080401                        15.9050                9.9050
     37210                      93,428.90                                              90.00   No MI                  100378000003146232              5.5000                      20080401                        15.9050                9.9050
     30349                      102,936.73                                             80.00   No MI                  100378000003146521              5.5000                      20080401                        14.3000                8.3000
     37207                      51,409.02                                              89.97   No MI                  100378000003146737              5.5000                      20080401                        16.0650               10.0650
     33150                      224,824.02                                             85.00   No MI                  100378000003147362              5.5000                      20080501                        14.3400                8.3400
     20121                      250,000.00                                             76.92   No MI                  100378000003147784              5.5000                      20080501                        14.6850                8.6850
     33050                      508,473.15                                             80.00   No MI                  100378000003148428              9.5950                      20080401                        15.9900                9.9900
     30354                      116,432.82                                             88.26   No MI                  100378000003148618              5.5000                      20080501                        15.3800                9.3800
     36863                      81,066.99                                              88.24   No MI                  100378000003148840              5.5000                      20080601                        13.8350                7.8350
     38127                      56,628.05                                              88.59   No MI                  100378000003149251              0.0000                                                       0.0000                0.0000
     38109                      58,425.78                                              90.00   No MI                  100378000003149293              0.0000                                                       0.0000                0.0000
     30071                      136,701.77                                             90.00   No MI                  100378000003149343              5.5000                      20080501                        14.6400                8.6400
     31313                      62,908.76                                              90.00   No MI                  100378000003149491              5.5000                      20080501                        15.8650                9.8650
     85051                      77,116.05                                              80.00   No MI                  100378000003149954              0.0000                                                       0.0000                0.0000
     85051                      19,271.28                                            100.00    No MI                  100378000003149988              0.0000                                                       0.0000                0.0000
     38122                      59,331.51                                              90.00   No MI                  100378000003150010              0.0000                                                       0.0000                0.0000
     38122                      60,230.45                                              88.68   No MI                  100378000003150036              0.0000                                                       0.0000                0.0000
     32206                      71,839.49                                              80.00   No MI                  100378000003150044              5.5000                      20080501                        13.5250                7.5250
     32206                      17,984.65                                            100.00    No MI                  100378000003150051              0.0000                                                       0.0000                0.0000
     38122                      59,331.51                                              90.00   No MI                  100378000003150093              0.0000                                                       0.0000                0.0000
     20018                      279,824.37                                             80.00   No MI                  100378000003150572              5.5000                      20080501                        14.6250                8.6250
     20009                      209,977.41                                             77.06   No MI                  100378000003150614              5.5000                      20090501                        15.6500                9.6500
     35405                      91,040.30                                              80.00   No MI                  100378000003150994              4.3750                      20080501                        14.7150                8.7150
     35405                      22,782.96                                            100.00    No MI                  100378000003151034              0.0000                                                       0.0000                0.0000
     33607                      191,442.51                                             80.00   No MI                  100378000003151091              5.5000                      20080501                        12.9700                6.9700
     47714                      50,378.70                                              90.00   No MI                  100378000003152453              5.5000                      20080501                        16.4050               10.4050
     33569                      224,798.22                                             82.42   No MI                  100378000003152495              4.7750                      20080501                        13.8750                7.8750
     30032                      154,767.05                                           100.00    No MI                  100378000003152560              5.8750                      20080501                        15.4500                9.4500
     31907                      92,000.00                                              80.00   No MI                  100378000003152792              5.5000                      20080501                        13.9500                7.9500
     31907                      22,983.50                                            100.00    No MI                  100378000003152800              0.0000                                                       0.0000                0.0000
     20011                      388,900.00                                              71.36  No MI                  100378000003153709              8.5000                      20090501                        14.7000                8.7000
     35007                      84,800.00                                              84.80   No MI                  100378000003154368              5.5000                      20080501                        14.6150                8.6150
     44485                      76,853.72                                              95.00   No MI                  100378000003155951              5.5000                      20080501                        16.3150               10.3150
     33025                      135,874.59                                             80.00   No MI                  100378000003157031              5.5000                      20080601                        15.8250                9.8250
     30108                      201,342.80                                             80.00   No MI                  100378000003158765              5.5000                      20080601                        14.2650                8.2650
     65453                      67,943.51                                              85.00   No MI                  100378000003159664              5.5000                      20080601                        16.3150               10.3150
     24014                      105,484.33                                             80.00   No MI                  100378000003160027              0.0000                                                       0.0000                0.0000
     7052                       279,000.00                                             62.00   No MI                  100378000003160241              5.1250                      20090601                        15.1250                9.1250
     23704                      191,094.20                                             85.00   No MI                  100378000003160449              5.5000                      20080601                        16.5500               10.5500
     24014                      26,386.71                                            100.00    No MI                  100378000003160530              0.0000                                                       0.0000                0.0000
     20735                      255,874.63                                             80.00   No MI                  100378000003161132              0.0000                                                       0.0000                0.0000
     30017                      186,965.76                                             80.00   No MI                  100378000003161215              5.5000                      20080501                        16.3150               10.3150
     70714                      76,649.31                                               89.19  No MI                  100378000003161777              5.5000                      20080601                        17.3850               11.3850
     30269                      84,930.00                                              85.00   No MI                  100378000003162627              5.5000                      20080601                        16.3550               10.3550
     34473                      190,092.01                                             80.00   No MI                  100378000003162734              5.5000                      20080501                        15.1050                9.1050
     32812                      206,100.00                                             90.00   No MI                  100378000003163021              5.5000                      20080601                        15.3750                9.3750
     44067                      272,000.00                                             80.00   No MI                  100378000003163278              5.6150                      20080601                        15.0150                9.0150
     44067                      67,964.81                                            100.00    No MI                  100378000003163351              0.0000                                                       0.0000                0.0000
     30088                      91,355.85                                              90.00   No MI                  100378000003163674              5.5000                      20080601                        15.0500                9.0500
     30683                      140,800.00                                             80.00   No MI                  100378000003164128              5.5000                      20080501                        13.7650                7.7650
     30683                      35,169.51                                            100.00    No MI                  100378000003164136              0.0000                                                       0.0000                0.0000
     17315                      83,071.79                                              94.95   No MI                  100378000003164730              5.5000                      20090601                        17.5150               11.5150
     70814                      85,518.96                                              80.00   No MI                  100378000003165422              7.7000                      20080601                        15.7000                9.7000
     70814                      21,368.18                                            100.00    No MI                  100378000003165489              0.0000                                                       0.0000                0.0000
     20020                      248,672.39                                             65.82   No MI                  100378000003165836              5.3750                      20090601                        14.3750                8.3750
     20020                      243,703.76                                             64.52   No MI                  100378000003165844              5.3750                      20090601                        14.3750                8.3750
     30331                      116,314.11                                              83.18  No MI                  100378000003166768              5.6000                      20080601                        14.7000                8.7000
     85037                      144,000.00                                             75.79   No MI                  100378000003167055              5.5000                      20080601                        13.9900                7.9900
     46617                      50,949.26                                              85.00   No MI                  100378000003167865              5.5000                      20080601                        15.4650                9.4650
     30083                      160,024.01                                             95.00   No MI                  100378000003168004              5.5000                      20080601                        15.9900                9.9900
     30080                      98,893.98                                              89.99   No MI                  100378000003168079              6.0000                      20080601                        15.6350                9.6350
     30127                      117,544.90                                             80.00   No MI                  100378000003168426              5.6000                      20080601                        14.7000                8.7000
     77346                      228,692.77                                             80.00   No MI                  100378000003169879              5.5000                      20080601                        14.7000                8.7000
     77346                      57,172.34                                            100.00    No MI                  100378000003169903              0.0000                                                       0.0000                0.0000
     35215                      66,006.52                                              90.57   No MI                  100378000003170083              5.5000                      20080601                        16.4150               10.4150
     30755                      85,525.87                                              80.00   No MI                  100378000003170596              0.0000                                                       0.0000                0.0000
     31721                      119,880.85                                           100.00    No MI                  100378000003172352              5.5000                      20080601                        15.4750                9.4750
     17103                      63,694.49                                              75.00   No MI                  100274130822178242              5.5000                      20080601                        16.1130               10.1130
     23451                      249,882.86                                              58.14  No MI                  100274130952178798              6.7000                      20080601                        14.7000                8.7000
     32137                      177,403.23                                             80.00   No MI                  100274130912180884              5.5000                      20080601                        14.9500                8.9500
     32164                      44,367.85                                            100.00    No MI                  100274130912180900              0.0000                                                       0.0000                0.0000
     21758                      199,894.57                                             83.68   No MI                  110258910060505069              5.5000                      20080701                        15.1250                9.1250
     18901                      299,777.36                                             80.00   No MI                  100258910060515605              6.0000                      20080701                        13.5000                6.0000
     21782                      163,399.01                                             75.00   No MI                  100031458026050246              5.5000                      20080601                        13.7500                5.5000
     55356                      42,912.51                                            100.00    No MI                  100431500000006425              0.0000                                                       0.0000                0.0000
     30518                      128,639.34                                             80.00   No MI                  100229330000153779              5.7500                      20080601                        14.3750                5.7500
     30518                      32,183.43                                            100.00    No MI                  100229330000154157              0.0000                                                       0.0000                0.0000
     92509                      267,843.40                                             80.00   No MI                  100255500000041177              5.5000                      20090701                        14.6750                8.6750
     96044                      95,654.35                                              80.00   No MI                  100273900102795233              5.8000                      20080101                        15.4000                9.4000
     34953                      322,057.68                                             95.00   No MI                  100273900102851861              3.5000                      20080101                        16.4000               10.4000
     48208                      69,015.75                                              90.00   No MI                  100273900102900999              7.7500                      20080101                        15.6000                9.6000
     44110                      78,118.63                                              80.00   No MI                  100273900102901344              0.0000                                                       0.0000                0.0000
     78363                      118,272.31                                             80.00   No MI                  100273900102909958              6.0000                      20110201                        13.9900                7.9900
     90262                      381,877.99                                             90.00   No MI                  100273900102910923              5.2500                      20080201                        14.2500                8.2500
     33179                      171,149.93                                             80.00   No MI                  100273900102918801              5.2500                      20080201                        13.0500                7.0500
     48727                      177,863.79                                               81.14 No MI                  100273900102919627              7.7500                      20080201                        14.7000                8.7000
     48205                      59,789.00                                              80.00   No MI                  100273900102920187              7.2500                      20080201                        14.7500                8.7500
     48204                      110,985.70                                             85.00   No MI                  100273900102923447              5.5000                      20080201                        15.1000                9.1000
     12832                      89,722.98                                              75.00   No MI                  100273900102929642              0.0000                                                       0.0000                0.0000
     90221                      431,337.13                                             94.95   No MI                  100273900102930194              5.2500                      20080201                        14.4500                8.4500
     33327                      255,219.90                                             49.33   No MI                  100273900102945804              0.0000                                                       0.0000                0.0000
     50669                      94,144.15                                              80.00   No MI                  100273900102951026              6.0000                      20080201                        16.0000               10.0000
     48228                      94,241.13                                              90.00   No MI                  100273900102953188              5.5000                      20080201                        15.9500                9.9500
     33176                      607,067.04                                             80.00   No MI                  100273900102957106              5.2500                      20080201                        14.4500                8.4500
     87144                      337,025.58                                             90.00   No MI                  100273900102972279              5.5000                      20080201                        14.7500                8.7500
     48234                      65,270.71                                              89.66   No MI                  100273900102976551              7.7500                      20080201                        15.9500                9.9500
     49017                      139,154.28                                             82.06   No MI                  100273900102977807              0.0000                                                       0.0000                0.0000
     30310                      130,719.49                                             80.00   No MI                  100273900102981650              5.5000                      20080201                        14.5500                8.5500
     11713                      212,815.02                                             89.58   No MI                  100273900102982112              5.2500                      20080201                        13.9900                7.9900
     33603                      295,607.66                                             77.89   No MI                  100273900102985289              5.2500                      20080201                        14.9500                8.9500
     48205                      69,145.45                                              93.72   No MI                  100273900102986261              8.2500                      20080301                        14.7000                8.7000
     48234                      91,664.76                                              80.00   No MI                  100273900102987913              7.2500                      20080201                        14.5750                8.5750
     48235                      87,700.78                                              70.97   No MI                  100273900102999280              0.0000                                                       0.0000                0.0000
     48154                      167,866.23                                             90.00   No MI                  100273900102999843              0.0000                                                       0.0000                0.0000
     48342                      94,621.23                                              76.00   No MI                  100273900103002605              5.2500                      20080301                        13.2000                7.2000
     94534                      571,221.86                                             83.00   No MI                  100273900103003728              5.8000                      20080301                        14.8500                8.8500
     33134                      479,301.26                                             80.00   No MI                  100273900103010582              5.2500                      20080301                        13.9900                7.9900
     85255                      523,419.66                                              62.13  No MI                  100273900103013560              5.9000                      20080301                        14.6000                8.6000
     62521                      73,748.38                                              85.06   No MI                  100273900103014048              0.0000                                                       0.0000                0.0000
     96782                      258,900.58                                             80.00   No MI                  100273900103016902              0.0000                                                       0.0000                0.0000
     60649                      405,191.66                                           100.00    No MI                  100273900103019120              5.5000                      20080401                        15.5000                9.5000
     20746                      227,143.31                                             88.37   No MI                  100273900103020284              6.0000                      20080301                        13.5000                7.5000
     98247                      310,212.89                                             75.00   No MI                  100273900103024369              5.2500                      20080301                        14.1000                8.1000
     60707                      320,610.29                                             85.00   No MI                  100273900103028915              5.5000                      20080301                        16.2200               10.2200
     44113                      71,776.53                                              90.00   No MI                  100273900103031778              0.0000                                                       0.0000                0.0000
     98270                      238,200.51                                             90.00   No MI                  100273900103032826              6.0000                      20110301                        14.5000                8.5000
     48316                      631,825.12                                             80.00   No MI                  100273900103037205              5.5000                      20080301                        14.9500                8.9500
     34491                      152,672.27                                             85.00   No MI                  100273900103049960              7.0000                      20080401                        15.1500                9.1500
     48348                      575,213.36                                             85.33   No MI                  100273900103053293              6.0000                      20110401                        13.5000                7.5000
     11369                      448,664.91                                             72.00   No MI                  100273900103053400              0.0000                                                       0.0000                0.0000
     95822                      320,000.00                                             80.00   No MI                  100273900103055595              5.3750                      20080301                        14.6250                7.6250
     60411                      139,024.74                                             90.00   No MI                  100273900103058599              5.2500                      20080301                        13.9900                7.9900
     63112                      75,851.79                                              80.00   No MI                  100273900103059449              5.4500                      20080401                        15.6000                9.6000
     15358                      95,760.27                                              85.00   No MI                  100273900103059514              5.4500                      20080301                        14.5900                8.5900
     49017                      164,417.78                                              73.01  No MI                  100273900103060512              7.2500                      20080401                        14.8000                8.8000
     34953                      229,036.13                                             90.00   No MI                  100273900103061569              5.4500                      20080301                        14.8200                8.8200
     48154                      315,476.77                                             85.00   No MI                  100273900103063748              5.7500                      20080401                        14.8330                8.8330
     20745                      110,566.05                                             70.25   No MI                  100273900103067913              0.0000                                                       0.0000                0.0000
     95823                      277,820.00                                             90.00   No MI                  100273900103070602              5.5500                      20080301                        15.2500                9.2500
     45405                      63,623.10                                              70.83   No MI                  100273900103073606              5.2500                      20080301                        16.6150               10.6150
     48209                      99,508.18                                              95.00   No MI                  100273900103074356              7.0000                      20080401                        14.5500                8.5500
     64840                      93,181.45                                              79.24   No MI                  100273900103075171              6.0000                      20080301                        13.9900                7.9900
     48091                      152,768.95                                             90.00   No MI                  100273900103078563              0.0000                                                       0.0000                0.0000
     27707                      107,891.86                                             80.00   No MI                  100273900103078787              5.4500                      20080401                        14.5000                8.5000
     98056                      280,139.61                                             75.00   No MI                  100273900103081534              3.5000                      20080301                        13.2500                7.2500
     48212                      99,647.22                                              80.00   No MI                  100273900103090022              0.0000                                                       0.0000                0.0000
     44103                      84,360.57                                              95.00   No MI                  100273900103092069              0.0000                                                       0.0000                0.0000
     48327                      250,494.97                                           100.00    No MI                  100273900103092648              7.2500                      20080401                        15.4500                9.4500
     92201                      314,574.62                                             84.00   No MI                  100273900103098835              6.0000                      20110301                        14.2500                8.2500
     48219                      146,882.66                                             95.00   No MI                  100273900103102074              7.0000                      20080401                        14.4500                8.4500
     89015                      227,332.92                                             95.00   No MI                  100273900103104872              6.0000                      20080401                        13.6200                7.6200
     55792                      99,779.01                                              93.46   No MI                  100273900103106604              5.2500                      20080401                        15.0000                9.0000
     60634                      305,725.21                                             90.00   No MI                  100273900103114418              5.2500                      20080401                        14.8700                8.8700
     92707                      511,083.32                                             80.00   No MI                  100273900103114673              5.7500                      20080401                        12.4500                6.4500
     44135                      193,026.09                                             79.96   No MI                  100273900103114707              0.0000                                                       0.0000                0.0000
     44843                      116,961.01                                             85.00   No MI                  100273900103115159              0.0000                                                       0.0000                0.0000
     17866                      71,153.63                                              95.00   No MI                  100273900103119805              7.0000                      20080501                        15.9500                9.9500
     33991                      207,800.12                                             80.00   No MI                  100273900103120639              5.7500                      20080601                        13.9900                7.9900
     60804                      184,186.18                                             95.00   No MI                  100273900103122577              5.5000                      20090501                        15.1500                9.1500
     21740                      110,251.32                                             80.00   No MI                  100273900103124185              6.0000                      20080601                        13.9990                7.9990
     48208                      147,734.22                                             80.00   No MI                  100273900103124623              5.5500                      20080401                        15.9900                9.9900
     93638                      151,521.38                                             76.00   No MI                  100273900103131107              6.0000                      20080401                        13.2500                7.2500
     32810                      161,670.63                                             89.45   No MI                  100273900103132030              6.2500                      20080401                        15.4000                9.4000
     98038                      303,755.35                                             95.00   No MI                  100273900103133145              6.0000                      20110501                        14.2500                8.2500
     91913                      664,060.30                                             89.86   No MI                  100273900103133731              6.7500                      20080401                        13.3000                7.3000
     48910                      112,210.06                                             90.00   No MI                  100273900103138706              0.0000                                                       0.0000                0.0000
     87532                      166,335.55                                             72.39   No MI                  100273900103139951              6.0000                      20080601                        15.5000                9.5000
     77019                      101,263.94                                             78.38   No MI                  100273900103146188              5.7500                      20080401                        13.0000                7.0000
     60107                      193,212.18                                             90.00   No MI                  100273900103146311              5.3500                      20080501                        15.5000                9.5000
     29045                      139,646.42                                             90.00   No MI                  100273900103146725              6.2500                      20080501                        15.7000                9.7000
     12566                      364,604.86                                             85.00   No MI                  100273900103150636              6.2500                      20080401                        14.5000                8.5000
     30066                      230,630.69                                             90.00   No MI                  100273900103151857              0.0000                                                       0.0000                0.0000
     33179                      175,023.25                                             90.00   No MI                  100273900103153358              0.0000                                                       0.0000                0.0000
     48223                      83,966.95                                              90.00   No MI                  100273900103158357              0.0000                                                       0.0000                0.0000
     33056                      265,500.00                                             90.00   No MI                  100273900103159231              6.2500                      20080401                        15.2500                8.2500
     48616                      85,387.03                                              95.00   No MI                  100273900103159249              7.2500                      20080601                        14.3000                8.3000
     48227                      121,311.55                                             90.00   No MI                  100273900103159280              6.2500                      20080501                        15.3000                9.3000
     20743                      219,402.40                                             89.07   No MI                  100273900103159884              6.0000                      20080401                        13.9900                7.9900
     18301                      213,455.92                                             95.00   No MI                  100273900103160296              6.0000                      20110501                        13.8500                7.8500
     98034                      439,220.64                                             78.29   No MI                  100273900103161963              5.7500                      20080601                        13.5000                7.5000
     94801                      426,985.84                                             95.00   No MI                  100273900103167564              6.2500                      20080401                        15.2400                9.2400
     11763                      457,866.95                                             95.00   No MI                  100273900103168653              7.0000                      20080401                        15.1500                9.1500
     89148                      467,401.18                                             90.00   No MI                  100273900103169446              6.0000                      20110401                        13.6500                7.6500
     33801                      97,990.95                                              90.00   No MI                  100273900103169982              6.2500                      20090401                        14.1400                8.1400
     43701                      107,663.14                                             90.00   No MI                  100273900103175245              6.2500                      20080401                        13.3000                7.3000
     65737                      137,344.94                                             90.00   No MI                  100273900103175864              6.7500                      20080501                        14.2500                8.2500
     84062                      211,816.04                                           100.00    No MI                  100273900103178165              6.0000                      20110501                        13.9900                7.9900
     85365                      282,970.67                                             95.00   No MI                  100273900103178454              0.0000                                                       0.0000                0.0000
     60623                      231,690.19                                             80.00   No MI                  100273900103179726              5.7500                      20080401                        13.5000                7.5000
     85364                      164,348.99                                             90.00   No MI                  100273900103181060              0.0000                                                       0.0000                0.0000
     49093                      139,686.32                                             96.55   No MI                  100273900103181227              0.0000                                                       0.0000                0.0000
     33322                      313,216.79                                             95.00   No MI                  100273900103183033              7.0000                      20080501                        13.8500                7.8500
     11040                      469,162.67                                             89.27   No MI                  100273900103183389              6.7500                      20090601                        12.5900                6.5900
     53142                      198,359.68                                             90.00   No MI                  100273900103183637              0.0000                                                       0.0000                0.0000
     48091                      71,764.29                                              80.90   No MI                  100273900103184536              0.0000                                                       0.0000                0.0000
     96021                      222,890.86                                             95.00   No MI                  100273900103187646              7.0000                      20080501                        15.1250                9.1250
     6412                       283,254.74                                             90.00   No MI                  100273900103188347              6.2500                      20080501                        14.0000                8.0000
     60061                      241,877.00                                              84.91  No MI                  100273900103191333              5.5000                      20080501                        15.8000                9.8000
     64138                      85,446.38                                              90.00   No MI                  100273900103192174              6.7500                      20080501                        15.1000                9.1000
     11717                      339,518.49                                             80.00   No MI                  100273900103192679              5.7500                      20080601                        13.7500                7.7500
     33068                      314,290.94                                             90.00   No MI                  100273900103193032              6.7500                      20080501                        14.1500                8.1500
     92551                      402,071.12                                             90.00   No MI                  100273900103194022              6.2500                      20080501                        15.4250                9.4250
     60646                      484,717.82                                              89.81  No MI                  100273900103195821              5.5000                      20090501                        15.3500                9.3500
     48458                      80,936.04                                              90.00   No MI                  100273900103196142              6.2500                      20080601                        16.5500               10.5500
     11520                      369,678.98                                             94.87   No MI                  100273900103196274              6.0000                      20080501                        13.9900                7.9900
     30354                      130,734.00                                             97.04   No MI                  100273900103196647              0.0000                                                       0.0000                0.0000
     55912                      183,416.70                                             89.56   No MI                  100273900103199500              6.0000                      20110501                        13.5000                7.5000
     10302                      318,030.40                                             95.00   No MI                  100273900103200183              6.2500                      20090501                        14.7900                8.7900
     24501                      83,553.33                                              95.00   No MI                  100273900103200498              6.0000                      20110501                        15.4900                9.4900
     48423                      118,684.37                                             90.00   No MI                  100273900103203203              6.0000                      20080501                        13.5900                7.5900
     92703                      521,709.62                                             90.00   No MI                  100273900103204441              6.7500                      20080501                        15.5000                9.5000
     20879                      275,068.19                                             95.00   No MI                  100273900103206503              6.2500                      20080501                        15.2500                9.2500
     80249                      206,809.85                                             90.00   No MI                  100273900103207626              6.7500                      20080601                        14.1500                8.1500
     44111                      107,787.69                                             90.00   No MI                  100273900103208426              3.2500                      20080501                        14.1500                8.1500
     60628                      170,670.62                                             95.00   No MI                  100273900103208475              5.4000                      20080501                        14.2500                8.2500
     48051                      139,689.88                                             89.99   No MI                  100273900103209093              6.2500                      20080501                        16.3500               10.3500
     93215                      247,288.95                                             90.00   No MI                  100273900103209119              6.2500                      20080501                        14.0500                8.0500
     93611                      429,588.47                                           100.00    No MI                  100273900103209184              6.0000                      20110501                        13.6500                7.6500
     19114                      221,669.45                                             92.50   No MI                  100273900103210083              0.0000                                                       0.0000                0.0000
     22172                      248,974.13                                             90.00   No MI                  100273900103210216              6.0000                      20080501                        13.8500                7.8500
     92345                      337,078.11                                             82.32   No MI                  100273900103213624              0.0000                                                       0.0000                0.0000
     48213                      55,752.24                                              90.00   No MI                  100273900103215488              6.5000                      20080601                        16.1750               10.1750
     60177                      214,241.98                                             95.00   No MI                  100273900103215546              5.5000                      20080501                        14.9500                8.9500
     8882                       327,560.72                                             88.58   No MI                  100273900103215561              7.0000                      20080501                        15.3750                9.3750
     44105                      78,173.36                                              90.00   No MI                  100273900103216916              6.2500                      20080501                        15.1000                9.1000
     48235                      80,923.79                                              90.00   No MI                  100273900103217054              6.2500                      20080601                        15.8000                9.8000
     91342                      511,665.09                                             86.78   No MI                  100273900103217377              6.0000                      20080601                        13.5500                7.5500
     95356                      648,000.00                                             90.00   No MI                  100273900103219167              6.0000                      20080501                        14.7000                7.7000
     10705                      319,181.02                                             85.20   No MI                  100273900103219423              6.7500                      20090501                        13.5000                7.5000
     48205                      106,070.88                                             90.00   No MI                  100273900103219456              6.2500                      20080501                        16.4500               10.4500
     17552                      166,384.23                                             90.00   No MI                  100273900103219852              6.2500                      20080501                        14.7500                8.7500
     92201                      296,694.95                                             90.00   No MI                  100273900103220983              6.2500                      20080501                        13.4000                7.4000
     92105                      283,299.98                                             87.23   No MI                  100273900103221270              6.7500                      20080501                        14.7000                8.7000
     48228                      71,909.58                                              90.00   No MI                  100273900103221312              6.2500                      20080501                        16.3000               10.3000
     48188                      230,300.50                                                91.11No MI                  100273900103223086              6.0000                      20110501                        13.9990                7.9990
     91748                      519,678.77                                           100.00    No MI                  100273900103223904              6.0000                      20080601                        13.7500                7.7500
     7206                       310,025.89                                             90.00   No MI                  100273900103223979              6.5000                      20080501                        15.3750                9.3750
     80504                      584,515.40                                             90.00   No MI                  100273900103224449              6.7500                      20080501                        14.1500                8.1500
     32068                      166,392.48                                             90.00   No MI                  100273900103225735              6.5000                      20080501                        15.0000                9.0000
     33147                      184,724.09                                           100.00    No MI                  100273900103226246              0.0000                                                       0.0000                0.0000
     22407                      370,129.24                                             95.00   No MI                  100273900103226519              6.0000                      20110501                        13.5000                7.5000
     33467                      287,659.01                                             95.00   No MI                  100273900103227061              6.0000                      20080601                        13.5000                7.5000
     23608                      107,839.18                                             86.40   No MI                  100273900103227830              0.0000                                                       0.0000                0.0000
     1453                       241,842.99                                             95.00   No MI                  100273900103228234              0.0000                                                       0.0000                0.0000
     60435                      206,597.18                                             90.00   No MI                  100273900103229786              5.5000                      20080501                        14.2000                8.2000
     48219                      44,921.76                                              90.00   No MI                  100273900103229794              6.2500                      20080501                        14.7500                8.7500
     8045                       132,963.54                                             95.00   No MI                  100273900103233622              6.2500                      20080601                        16.5000               10.5000
     33615                      579,599.65                                             90.00   No MI                  100273900103235031              6.5000                      20080501                        15.3000                9.3000
     32505                      69,850.81                                                92.11 No MI                  100273900103235593              0.0000                                                       0.0000                0.0000
     48219                      103,353.43                                              78.41  No MI                  100273900103237078              6.0000                      20080601                        13.7500                7.7500
     33193                      287,499.26                                             90.00   No MI                  100273900103239132              6.2500                      20080501                        14.7500                8.7500
     20601                      386,776.88                                             90.00   No MI                  100273900103239306              6.0000                      20080601                        13.9900                7.9900
     85042                      145,260.76                                             74.62   No MI                  100273900103239330              5.5000                      20080601                        13.0000                7.0000
     39212                      66,433.62                                              95.00   No MI                  100273900103240031              7.0000                      20080601                        15.4500                9.4500
     95838                      267,999.36                                             90.00   No MI                  100273900103240353              6.2500                      20090501                        14.5000                8.5000
     37412                      82,760.25                                              90.00   No MI                  100273900103240403              6.7500                      20080501                        15.9900                9.9900
     48910                      69,782.56                                            100.00    No MI                  100273900103240445              7.2500                      20080501                        16.5500               10.5500
     44121                      93,435.56                                              90.00   No MI                  100273900103240841              2.7500                      20080501                        14.7000                8.7000
     33971                      268,928.81                                             90.00   No MI                  100273900103241104              6.7500                      20080501                        15.0500                9.0500
     15688                      87,182.21                                              90.00   No MI                  100273900103241252              0.0000                                                       0.0000                0.0000
     7055                       389,233.19                                             95.00   No MI                  100273900103241484              7.0000                      20110501                        14.8000                8.8000
     91745                      431,970.06                                             95.00   No MI                  100273900103241591              7.0000                      20080501                        14.9900                8.9900
     60620                      123,215.24                                             95.00   No MI                  100273900103241906              5.5000                      20090601                        15.5000                9.5000
     49014                      98,858.79                                              90.00   No MI                  100273900103242078              0.0000                                                       0.0000                0.0000
     60442                      569,660.32                                             95.00   No MI                  100273900103243092              6.0000                      20080601                        13.8750                7.8750
     49868                      99,407.20                                              85.84   No MI                  100273900103243167              0.0000                                                       0.0000                0.0000
     48044                      154,473.41                                             90.00   No MI                  100273900103243845              6.2500                      20080501                        13.8000                7.8000
     20748                      288,380.62                                             95.00   No MI                  100273900103243902              7.0000                      20080601                        13.6250                7.6250
     60609                      135,789.26                                             80.00   No MI                  100273900103244363              5.7500                      20080601                        13.3000                7.3000
     20747                      240,506.29                                             85.96   No MI                  100273900103245170              6.0000                      20090501                        14.2500                8.2500
     92404                      311,728.38                                             90.00   No MI                  100273900103245212              6.0000                      20080501                        14.5000                8.5000
     53223                      133,812.76                                             95.00   No MI                  100273900103245469              7.0000                      20080601                        15.6500                9.6500
     21216                      80,835.51                                              73.64   No MI                  100273900103246020              0.0000                                                       0.0000                0.0000
     60652                      197,034.99                                             89.77   No MI                  100273900103246178              0.0000                                                       0.0000                0.0000
     21046                      349,478.86                                             79.55   No MI                  100273900103247473              6.2500                      20080601                        13.5000                7.5000
     21113                      260,720.49                                             95.00   No MI                  100273900103248331              6.0000                      20080501                        13.9990                7.9990
     20706                      300,844.46                                             90.00   No MI                  100273900103248661              6.7500                      20080501                        13.6500                7.6500
     23235                      184,636.75                                             95.00   No MI                  100273900103248901              6.0000                      20110501                        14.5000                8.5000
     61109                      142,354.74                                             95.00   No MI                  100273900103248919              5.5000                      20080501                        15.3500                9.3500
     60624                      107,821.67                                             90.00   No MI                  100273900103249214              5.3000                      20080501                        15.0000                9.0000
     49534                      131,330.76                                             90.00   No MI                  100273900103249529              6.2500                      20080601                        14.3000                8.3000
     33035                      194,288.25                                             90.00   No MI                  100273900103249909              6.2500                      20080601                        14.0000                8.0000
     34654                      90,888.21                                              65.00   No MI                  100273900103249933              6.2500                      20080601                        14.4500                8.4500
     6076                       206,535.31                                             90.00   No MI                  100273900103250543              0.0000                                                       0.0000                0.0000
     87114                      171,690.97                                             90.00   No MI                  100273900103251145              6.7500                      20080601                        14.5000                8.5000
     23060                      191,785.90                                           100.00    No MI                  100273900103251277              6.0000                      20110501                        13.6500                7.6500
     30260                      132,950.12                                             86.93   No MI                  100273900103251798              6.5000                      20080601                        15.4500                9.4500
     21136                      349,224.41                                             97.22   No MI                  100273900103252275              0.0000                                                       0.0000                0.0000
     81212                      116,842.14                                              92.13  No MI                  100273900103252481              0.0000                                                       0.0000                0.0000
     22579                      73,063.65                                              84.02   No MI                  100273900103252507              6.0000                      20110601                        14.5000                8.5000
     89128                      295,029.82                                             90.00   No MI                  100273900103252572              6.0000                      20110601                        13.9900                7.9900
     30084                      114,172.02                                             90.00   No MI                  100273900103253158              6.7500                      20080601                        14.9000                8.9000
     85388                      289,431.61                                             95.00   No MI                  100273900103253570              7.0000                      20080601                        14.9900                8.9900
     93312                      368,841.28                                             90.00   No MI                  100273900103253737              6.5000                      20080601                        14.9900                8.9900
     6010                       185,136.69                                             89.49   No MI                  100273900103253802              7.0000                      20080601                        13.7850                7.7850
     91741                      467,532.75                                             90.00   No MI                  100273900103254156              6.0000                      20090501                        13.5000                7.5000
     44112                      92,077.38                                              95.00   No MI                  100273900103254230              6.5000                      20080601                        16.5600               10.5600
     48234                      58,438.87                                              90.00   No MI                  100273900103254370              6.5000                      20080501                        17.1500               11.1500
     48227                      49,445.37                                              90.00   No MI                  100273900103254792              6.2500                      20080501                        16.9000               10.9000
     18055                      203,711.09                                             80.00   No MI                  100273900103254917              5.7500                      20110601                        13.7500                7.7500
     33584                      134,766.37                                             90.00   No MI                  100273900103255153              6.5000                      20080501                        15.1000                9.1000
     34223                      227,361.44                                             95.00   No MI                  100273900103255310              6.2500                      20080601                        15.5900                9.5900
     48239                      80,840.76                                              90.00   No MI                  100273900103255518              6.2500                      20080501                        14.1500                8.1500
     75217                      74,594.78                                              90.00   No MI                  100273900103255831              6.2500                      20080601                        15.3500                9.3500
     88101                      179,769.65                                           100.00    No MI                  100273900103256847              0.0000                                                       0.0000                0.0000
     48126                      179,941.77                                             90.00   No MI                  100273900103257936              6.2500                      20080601                        15.9400                9.9400
     34983                      268,613.68                                             90.00   No MI                  100273900103257951              6.7500                      20090501                        14.2500                8.2500
     95601                      246,919.69                                             90.00   No MI                  100273900103258264              6.7500                      20080501                        13.5000                7.5000
     95815                      238,415.54                                             90.00   No MI                  100273900103260245              6.5000                      20080601                        15.6400                9.6400
     48085                      204,679.18                                             87.23   No MI                  100273900103260476              0.0000                                                       0.0000                0.0000
     97236                      251,608.91                                             95.00   No MI                  100273900103261409              6.2500                      20080501                        15.4750                9.4750
     10567                      254,113.69                                             80.00   No MI                  100273900103261649              0.0000                                                       0.0000                0.0000
     48235                      85,388.26                                              90.00   No MI                  100273900103261672              6.7500                      20080601                        15.5500                9.5500
     77088                      79,628.60                                              90.00   No MI                  100273900103262662              6.2500                      20080601                        16.5500               10.5500
     30030                      261,000.00                                             90.00   No MI                  100273900103265608              6.7500                      20080601                        14.5500                7.5500
     48224                      104,311.10                                             90.00   No MI                  100273900103265822              6.2500                      20080601                        16.2000               10.2000
     60409                      171,740.92                                             95.00   No MI                  100273900103266135              5.5000                      20080601                        14.5000                8.5000
     87124                      117,879.91                                             90.00   No MI                  100273900103266390              6.2500                      20080601                        15.7500                9.7500
     92404                      314,687.73                                             90.00   No MI                  100273900103266754              6.2500                      20090501                        13.5250                7.5250
     7728                       251,757.20                                              91.64  No MI                  100273900103266762              7.0000                      20080501                        13.6250                7.6250
     93662                      228,851.53                                             95.00   No MI                  100273900103266994              6.2500                      20080601                        14.9900                8.9900
     90606                      449,676.56                                             90.00   No MI                  100273900103267794              6.2500                      20090501                        14.6500                8.6500
     92308                      211,750.06                                             80.00   No MI                  100273900103268198              5.7500                      20080601                        14.6500                8.6500
     20744                      341,830.02                                             88.60   No MI                  100273900103268479              6.2500                      20080601                        14.5000                8.5000
     95326                      305,577.43                                             90.00   No MI                  100273900103269543              6.0000                      20080601                        13.8750                7.8750
     11554                      439,344.86                                             88.00   No MI                  100273900103269832              6.7500                      20090601                        13.5000                7.5000
     95823                      359,777.60                                             90.00   No MI                  100273900103271176              6.2500                      20090601                        13.7500                7.7500
     95932                      356,943.29                                             90.00   No MI                  100273900103271358              6.2500                      20080501                        13.5000                7.5000
     37330                      112,897.74                                             95.00   No MI                  100273900103271382              6.0000                      20080601                        13.9990                7.9990
     90240                      612,294.92                                             95.00   No MI                  100273900103272653              7.0000                      20080501                        14.5250                8.5250
     43119                      170,654.45                                             92.93   No MI                  100273900103272729              0.0000                                                       0.0000                0.0000
     33125                      359,406.92                                             90.00   No MI                  100273900103273396              0.0000                                                       0.0000                0.0000
     11714                      512,587.19                                             95.00   No MI                  100273900103274725              7.0000                      20080501                        14.2500                8.2500
     48872                      125,432.60                                             80.00   No MI                  100273900103274766              6.2500                      20080601                        14.0500                8.0500
     48141                      89,698.52                                            100.00    No MI                  100273900103274956              7.2500                      20080601                        15.9000                9.9000
     49230                      261,000.00                                             90.00   No MI                  100273900103274972              6.2500                      20080601                        14.7900                7.7900
     21009                      225,653.28                                             92.24   No MI                  100273900103275243              0.0000                                                       0.0000                0.0000
     33167                      254,816.91                                           100.00    No MI                  100273900103275979              7.2500                      20080601                        16.9900               10.9900
     92832                      570,690.21                                             95.00   No MI                  100273900103276571              7.0000                      20080601                        14.8000                8.8000
     11727                      368,330.75                                             80.00   No MI                  100273900103276787              5.7500                      20090601                        13.5000                7.5000
     32807                      211,026.16                                             90.00   No MI                  100273900103278148              0.0000                                                       0.0000                0.0000
     33525                      71,146.11                                              75.00   No MI                  100273900103278312              0.0000                                                       0.0000                0.0000
     2905                       224,799.66                                             90.00   No MI                  100273900103279443              6.5000                      20080601                        15.9900                9.9900
     53209                      117,689.63                                             95.00   No MI                  100273900103279864              6.2500                      20080601                        15.7500                9.7500
     60505                      166,348.89                                             90.00   No MI                  100273900103280003              6.5000                      20080601                        15.9000                9.9000
     77075                      116,631.98                                             95.00   No MI                  100273900103280011              7.0000                      20080601                        15.3000                9.3000
     21213                      174,764.32                                             85.37   No MI                  100273900103280102              0.0000                                                       0.0000                0.0000
     20785                      194,572.77                                             67.24   No MI                  100273900103280250              6.0000                      20080601                        12.7500                6.7500
     70058                      107,876.55                                             90.00   No MI                  100273900103280706              6.5000                      20080601                        14.8000                8.8000
     11003                      446,035.26                                             95.00   No MI                  100273900103280821              7.0000                      20080601                        15.2500                9.2500
     48203                      59,330.81                                              90.00   No MI                  100273900103280870              6.7500                      20080501                        16.7000               10.7000
     6468                       702,753.67                                             95.00   No MI                  100273900103281068              6.2500                      20080601                        15.6750                9.6750
     29414                      128,133.60                                             95.00   No MI                  100273900103281183              6.2500                      20080601                        15.9000                9.9000
     60646                      521,098.03                                             67.79   No MI                  100273900103281308              5.5000                      20080501                        14.7800                8.7800
     82935                      223,159.52                                             95.00   No MI                  100273900103281654              7.0000                      20080601                        15.1900                9.1900
     64056                      152,313.37                                             90.00   No MI                  100273900103282082              6.2500                      20080501                        15.3000                9.3000
     33566                      179,684.54                                             80.00   No MI                  100273900103282173              5.7500                      20080601                        14.5000                8.5000
     49331                      138,408.11                                             92.33   No MI                  100273900103282439              6.0000                      20080601                        13.5000                7.5000
     91745                      423,301.30                                             80.00   No MI                  100273900103283098              5.7500                      20090601                        13.6000                7.6000
     48125                      136,671.82                                             95.00   No MI                  100273900103283551              6.2500                      20080601                        15.7500                9.7500
     92530                      440,102.20                                             80.00   No MI                  100273900103283841              5.7500                      20080601                        13.2500                7.2500
     48446                      182,891.72                                             89.99   No MI                  100273900103283973              7.0000                      20080601                        15.9900                9.9900
     20155                      377,710.32                                           100.00    No MI                  100273900103284294              6.0000                      20080601                        12.9900                6.9900
     21713                      526,226.38                                              82.14  No MI                  100273900103284617              6.7500                      20080601                        14.3500                8.3500
     92324                      383,043.57                                             90.00   No MI                  100273900103284732              6.2500                      20080501                        13.7500                7.7500
     60419                      125,878.13                                             90.00   No MI                  100273900103285648              0.0000                                                       0.0000                0.0000
     48197                      206,695.31                                             90.00   No MI                  100273900103286489              6.7500                      20090501                        15.5500                9.5500
     75092                      127,857.43                                             78.53   No MI                  100273900103286711              0.0000                                                       0.0000                0.0000
     18704                      92,966.78                                              95.00   No MI                  100273900103287040              0.0000                                                       0.0000                0.0000
     48215                      57,102.37                                              90.00   No MI                  100273900103288410              6.2500                      20080601                        16.3000               10.3000
     48209                      53,947.21                                              90.00   No MI                  100273900103288501              6.2500                      20080601                        15.5500                9.5500
     48206                      49,959.45                                            100.00    No MI                  100273900103288733              6.2500                      20080601                        16.5000               10.5000
     60639                      319,119.42                                             90.00   No MI                  100273900103288782              6.2500                      20090601                        14.6000                8.6000
     44035                      80,910.98                                              90.00   No MI                  100273900103288790              0.0000                                                       0.0000                0.0000
     60651                      203,957.81                                             95.00   No MI                  100273900103288964              6.1000                      20090601                        13.7000                7.7000
     11207                      493,499.20                                             90.00   No MI                  100273900103289590              6.2500                      20080601                        14.5000                8.5000
     6705                       202,256.28                                             90.00   No MI                  100273900103289897              6.5000                      20080601                        14.5500                8.5500
     48838                      141,777.77                                             88.75   No MI                  100273900103290119              0.0000                                                       0.0000                0.0000
     48229                      73,077.74                                              95.00   No MI                  100273900103290184              6.2500                      20080601                        15.5000                9.5000
     49519                      125,795.20                                             90.00   No MI                  100273900103290416              6.7500                      20080601                        15.7000                9.7000
     16441                      149,827.67                                             96.77   No MI                  100273900103290689              7.2500                      20090601                        14.7750                8.7750
     50315                      133,845.24                                           100.00    No MI                  100273900103293089              6.0000                      20110601                        14.7500                8.7500
     33619                      114,593.59                                             85.00   No MI                  100273900103293501              6.2500                      20080601                        13.9400                7.9400
     48083                      146,654.81                                             90.00   No MI                  100273900103293774              6.7500                      20080601                        16.1000               10.1000
     20748                      203,724.77                                             85.00   No MI                  100273900103293907              6.2500                      20080601                        13.9900                7.9900
     21702                      207,569.64                                             80.00   No MI                  100273900103294137              5.7500                      20080601                        12.8750                6.8750
     93277                      243,691.52                                             80.00   No MI                  100273900103295183              5.7500                      20080601                        14.3100                8.3100
     48212                      81,792.57                                              90.00   No MI                  100273900103295399              6.2500                      20080601                        14.1500                8.1500
     24521                      69,211.31                                              90.00   No MI                  100273900103295662              0.0000                                                       0.0000                0.0000
     39180                      75,926.34                                              95.00   No MI                  100273900103296322              7.0000                      20080601                        15.5900                9.5900
     47523                      73,714.77                                              82.00   No MI                  100273900103296538              0.0000                                                       0.0000                0.0000
     46516                      65,207.38                                              90.00   No MI                  100273900103297072              0.0000                                                       0.0000                0.0000
     89113                      251,044.82                                             80.00   No MI                  100273900103297544              5.7500                      20080601                        13.7500                7.7500
     48076                      241,066.09                                             90.00   No MI                  100273900103298054              6.5000                      20080601                        14.1200                8.1200
     48224                      145,199.48                                             95.00   No MI                  100273900103298187              0.0000                                                       0.0000                0.0000
     85374                      235,591.52                                             80.00   No MI                  100273900103298344              0.0000                                                       0.0000                0.0000
     48146                      80,876.96                                              90.00   No MI                  100273900103298377              6.2500                      20080601                        13.4000                7.4000
     89139                      382,099.48                                              91.05  No MI                  100273900103298815              7.0000                      20080601                        12.9000                6.9000
     20695                      324,561.52                                           100.00    No MI                  100273900103298906              6.0000                      20080601                        13.9900                7.9900
     20164                      219,820.96                                              53.14  No MI                  100273900103299102              6.0000                      20110601                        12.7750                6.7750
     93705                      167,702.72                                             80.00   No MI                  100273900103299557              5.7500                      20090601                        12.6250                6.6250
     44102                      71,911.99                                              90.00   No MI                  100273900103299623              0.0000                                                       0.0000                0.0000
     21009                      398,753.51                                           100.00    No MI                  100273900103299946              6.0000                      20080601                        13.7500                7.7500
     44133                      163,823.87                                              71.62  No MI                  100273900103299987              6.5000                      20080601                        15.1000                9.1000
     55113                      215,658.60                                             80.00   No MI                  100273900103301064              5.7500                      20090601                        13.2000                7.2000
     93535                      242,838.76                                             90.00   No MI                  100273900103301478              6.2500                      20080601                        13.5000                7.5000
     92807                      365,519.16                                             95.00   No MI                  100273900103302187              7.0000                      20080601                        13.6750                7.6750
     96142                      671,532.64                                             80.00   No MI                  100273900103302245              5.7500                      20080601                        13.3500                7.3500
     33511                      188,788.40                                             90.00   No MI                  100273900103302542              6.2500                      20080601                        14.9000                8.9000
     49505                      132,846.38                                             95.00   No MI                  100273900103302823              7.0000                      20080601                        14.7500                8.7500
     48228                      102,564.32                                             90.00   No MI                  100273900103303193              7.0000                      20080601                        15.7000                9.7000
     2360                       572,139.04                                             95.00   No MI                  100273900103303557              7.0000                      20080601                        14.4000                8.4000
     20602                      179,699.17                                             83.72   No MI                  100273900103303789              0.0000                                                       0.0000                0.0000
     48225                      107,908.05                                             90.00   No MI                  100273900103304613              6.2500                      20080601                        16.2000               10.2000
     49601                      83,599.26                                              90.00   No MI                  100273900103305081              6.2500                      20080601                        14.5500                8.5500
     92555                      343,653.47                                             80.00   No MI                  100273900103305321              5.7500                      20080601                        12.9500                6.9500
     43614                      129,913.73                                           100.00    No MI                  100273900103305990              6.0000                      20110601                        13.5000                7.5000
     18328                      136,553.99                                             80.00   No MI                  100273900103306493              5.7500                      20080601                        13.7000                7.7000
     32966                      166,313.59                                             90.00   No MI                  100273900103306501              6.2500                      20080601                        14.9000                8.9000
     23323                      261,932.74                                             95.00   No MI                  100273900103306840              7.0000                      20080601                        15.3500                9.3500
     90001                      267,845.94                                             59.56   No MI                  100273900103307657              6.0000                      20110601                        14.0000                8.0000
     48221                      112,744.74                                             80.57   No MI                  100273900103307897              6.7500                      20080601                        14.5500                8.5500
     2863                       205,451.48                                             80.00   No MI                  100273900103307962              5.7500                      20080601                        13.2000                7.2000
     11743                      520,000.00                                             80.00   No MI                  100273900103308036              5.7500                      20080601                        14.3750                7.3750
     11206                      555,528.77                                             95.00   No MI                  100273900103308333              6.2500                      20080601                        15.2500                9.2500
     2151                       447,371.93                                             80.00   No MI                  100273900103308374              5.7500                      20080601                        13.8000                7.8000
     96707                      444,650.28                                             72.36   No MI                  100273900103308572              5.5000                      20080601                        12.9000                6.9000
     20708                      171,254.63                                           100.00    No MI                  100273900103308630              6.0000                      20090601                        13.6990                7.6990
     34286                      246,118.04                                             86.49   No MI                  100273900103309125              6.7500                      20080601                        13.3000                7.3000
     87120                      146,034.61                                             85.00   No MI                  100273900103309182              0.0000                                                       0.0000                0.0000
     60619                      329,486.16                                             95.00   No MI                  100273900103309463              6.2000                      20080601                        14.5000                8.5000
     29150                      97,837.28                                               81.67  No MI                  100273900103309745              0.0000                                                       0.0000                0.0000
     48224                      134,872.17                                             90.00   No MI                  100273900103311238              6.2500                      20080601                        15.7000                9.7000
     11751                      439,677.64                                             80.00   No MI                  100273900103311410              5.7500                      20090601                        13.1500                7.1500
     6483                       303,661.41                                             95.00   No MI                  100273900103311469              7.0000                      20080601                        14.9500                8.9500
     20602                      316,339.94                                             90.00   No MI                  100273900103311675              6.0000                      20080601                        13.6250                7.6250
     29649                      111,870.65                                             80.00   No MI                  100273900103311733              6.2500                      20080601                        14.7500                8.7500
     48228                      93,515.93                                              80.00   No MI                  100273900103312640              6.5000                      20080601                        15.9500                9.9500
     85242                      193,187.57                                             82.56   No MI                  100273900103312897              6.2500                      20080601                        15.6500                8.6500
     60629                      260,704.75                                             87.00   No MI                  100273900103313010              6.4000                      20080601                        14.8500                8.8500
     61336                      76,906.37                                              89.02   No MI                  100273900103313028              6.0000                      20080601                        14.5000                8.5000
     80915                      159,799.37                                              98.16  No MI                  100273900103313499              0.0000                                                       0.0000                0.0000
     20772                      685,000.00                                             76.54   No MI                  100273900103313705              5.7500                      20090601                        13.9900                6.9900
     49017                      89,199.63                                              85.00   No MI                  100273900103314018              6.0000                      20080601                        14.2500                8.2500
     21613                      123,133.95                                             90.00   No MI                  100273900103314299              6.0000                      20090601                        13.9990                7.9990
     32907                      179,780.69                                             87.80   No MI                  100273900103314497              6.2500                      20080601                        14.4900                8.4900
     48223                      82,940.53                                            100.00    No MI                  100273900103314695              6.2500                      20080601                        17.0000               11.0000
     21830                      102,874.74                                             44.78   No MI                  100273900103315890              6.0000                      20090601                        14.5000                8.5000
     33713                      208,718.01                                             87.08   No MI                  100273900103316104              0.0000                                                       0.0000                0.0000
     48382                      688,506.82                                             94.48   No MI                  100273900103316625              6.2500                      20080601                        15.6500                9.6500
     21742                      174,899.10                                              81.40  No MI                  100273900103316856              6.0000                      20090601                        13.9900                7.9900
     92394                      206,324.90                                             80.00   No MI                  100273900103317086              6.5000                      20080601                        15.5500                9.5500
     7111                       219,904.23                                             89.80   No MI                  100273900103317177              6.5000                      20090601                        14.9500                8.9500
     60651                      115,828.99                                             80.00   No MI                  100273900103317375              5.7500                      20090601                        13.5500                7.5500
     60013                      373,814.12                                             85.00   No MI                  100273900103317615              6.2500                      20080601                        14.5000                8.5000
     81623                      411,685.06                                             68.67   No MI                  100273900103318142              6.0000                      20110601                        12.9990                6.9990
     48223                      174,063.44                                             90.00   No MI                  100273900103318225              6.7500                      20080601                        14.5000                8.5000
     48089                      81,430.23                                              89.96   No MI                  100273900103318407              6.2500                      20080601                        16.2000               10.2000
     60004                      168,794.09                                              94.41  No MI                  100273900103318498              6.8000                      20090601                        14.4900                8.4900
     65616                      199,884.69                                             80.00   No MI                  100273900103318746              6.2500                      20080601                        13.9900                7.9900
     33168                      149,835.51                                              68.18  No MI                  100273900103318837              6.7500                      20080601                        15.0000                9.0000
     90603                      636,134.13                                             95.00   No MI                  100273900103318977              7.0000                      20080601                        14.0000                8.0000
     48213                      71,925.05                                              90.00   No MI                  100273900103319033              6.2500                      20080601                        15.2500                9.2500
     72118                      83,209.23                                              90.00   No MI                  100273900103320767              6.2500                      20080601                        14.5500                8.5500
     48708                      94,932.33                                              95.00   No MI                  100273900103321419              6.0000                      20110601                        13.2500                7.2500
     48895                      239,593.66                                             80.00   No MI                  100273900103321922              6.2500                      20080601                        13.9500                7.9500
     85629                      200,379.20                                             85.00   No MI                  100273900103322128              6.5000                      20080601                        14.9900                8.9900
     48060                      118,687.51                                             90.00   No MI                  100273900103322334              6.5000                      20080601                        15.7000                9.7000
     7461                       194,762.42                                             79.27   No MI                  100273900103322490              6.2500                      20080601                        14.4900                8.4900
     76109                      99,863.97                                              80.00   No MI                  100273900103323258              5.7500                      20080601                        13.9500                7.9500
     32750                      143,774.64                                             80.00   No MI                  100273900103323266              0.0000                                                       0.0000                0.0000
     48609                      81,911.00                                            100.00    No MI                  100273900103323852              7.2500                      20080601                        15.0500                9.0500
     92503                      263,801.06                                             66.00   No MI                  100273900103323910              5.2500                      20090601                        13.0500                7.0500
     33463                      246,723.45                                             95.00   No MI                  100273900103324116              7.0000                      20080601                        14.9000                8.9000
     48044                      207,629.01                                             80.00   No MI                  100273900103324124              5.7500                      20090601                        12.6500                6.6500
     89110                      215,802.86                                             80.00   No MI                  100273900103324272              5.7500                      20080601                        14.2000                8.2000
     10950                      389,100.10                                             93.87   No MI                  100273900103324363              0.0000                                                       0.0000                0.0000
     34638                      205,765.85                                             80.00   No MI                  100273900103324553              5.7500                      20080601                        13.3500                6.3500
     55720                      101,869.45                                             72.86   No MI                  100273900103324603              0.0000                                                       0.0000                0.0000
     49201                      574,455.57                                           100.00    No MI                  100273900103325089              7.2500                      20080601                        15.7000                9.7000
     32750                      26,965.62                                              95.00   No MI                  100273900103325592              0.0000                                                       0.0000                0.0000
     45240                      94,969.73                                            100.00    No MI                  100273900103325618              7.2500                      20080601                        15.9900                9.9900
     96002                      171,743.90                                             80.00   No MI                  100273900103326368              5.7500                      20090601                        13.5000                7.5000
     93535                      231,866.24                                             80.00   No MI                  100273900103326921              5.7500                      20080601                        13.9900                7.9900
     89031                      207,690.30                                             80.00   No MI                  100273900103327390              0.0000                                                       0.0000                0.0000
     96727                      432,749.11                                             95.00   No MI                  100273900103327713              7.0000                      20080601                        15.2500                9.2500
     33321                      242,774.25                                             90.00   No MI                  100273900103327754              6.5000                      20080601                        15.7900                9.7900
     33410                      242,871.96                                             90.00   No MI                  100273900103327770              6.7500                      20080601                        14.3000                8.3000
     33415                      173,947.20                                             75.00   No MI                  100273900103327788              7.0000                      20090601                        16.1500               10.1500
     48342                      79,917.14                                            100.00    No MI                  100273900103327853              7.2500                      20080601                        15.2750                9.2750
     77476                      133,783.97                                             80.00   No MI                  100273900103327887              5.7500                      20090601                        13.1000                7.1000
     60652                      182,466.18                                             90.00   No MI                  100273900103328117              6.7500                      20110601                        14.2500                8.2500
     92563                      562,126.79                                             73.24   No MI                  100273900103328166              6.5000                      20080601                        13.5000                7.5000
     60440                      168,839.98                                             89.89   No MI                  100273900103328398              5.5000                      20080601                        15.7000                9.7000
     11706                      347,680.00                                             80.00   No MI                  100273900103328596              5.7500                      20080601                        13.9500                6.9500
     60632                      164,835.31                                           100.00    No MI                  100273900103328984              5.5000                      20080601                        15.4500                9.4500
     34715                      199,845.00                                             87.72   No MI                  100273900103329545              6.7500                      20080601                        12.9500                6.9500
     49230                      162,692.37                                             90.00   No MI                  100273900103329602              6.7500                      20080601                        14.2700                8.2700
     49098                      80,953.29                                            100.00    No MI                  100273900103329966              6.0000                      20110601                        13.9900                7.9900
     33033                      142,807.44                                             57.20   No MI                  100273900103330378              0.0000                                                       0.0000                0.0000
     43145                      99,899.55                                               46.51  No MI                  100273900103330493              7.2500                      20080601                        15.5800                9.5800
     85257                      312,790.55                                              96.01  No MI                  100273900103330865              6.0000                      20110601                        13.4700                7.4700
     33328                      267,809.10                                             80.00   No MI                  100273900103330964              5.7500                      20080601                        13.2500                7.2500
     48204                      61,146.20                                              90.00   No MI                  100273900103331137              6.7500                      20090601                        16.0500               10.0500
     60477                      222,384.78                                             89.00   No MI                  100273900103331194              6.5000                      20090601                        14.3600                8.3600
     60612                      154,610.74                                             95.00   No MI                  100273900103332853              0.0000                                                       0.0000                0.0000
     19146                      114,629.30                                             85.00   No MI                  100273900103333257              6.2500                      20080601                        15.2000                9.2000
     20770                      349,780.60                                           100.00    No MI                  100273900103333265              6.0000                      20080601                        13.6990                7.6990
     92504                      365,570.86                                             95.00   No MI                  100273900103333323              7.0000                      20080601                        14.5500                8.5500
     90660                      280,379.35                                             85.00   No MI                  100273900103333430              6.7500                      20080601                        14.9900                8.9900
     60056                      207,741.32                                             80.00   No MI                  100273900103333596              5.7500                      20090601                        14.3900                8.3900
     48602                      68,958.05                                            100.00    No MI                  100273900103334123              7.2500                      20080601                        17.7500               11.7500
     92407                      295,200.00                                             80.00   No MI                  100273900103334586              5.7500                      20080601                        14.1000                7.1000
     60516                      133,123.21                                             90.00   No MI                  100273900103334727              6.6000                      20090601                        13.9900                7.9900
     49221                      79,929.67                                            100.00    No MI                  100273900103335294              7.2500                      20080601                        16.0500               10.0500
     20743                      206,872.86                                             90.00   No MI                  100273900103337050              6.0000                      20110601                        13.7700                7.7700
     60411                      131,536.53                                             84.97   No MI                  100273900103337837              5.7500                      20090601                        14.4000                8.4000
     43204                      132,346.22                                           100.00    No MI                  100273900103338850              7.2500                      20080601                        16.3500               10.3500
     95971                      304,000.00                                             80.00   No MI                  100273900103339031              5.7500                      20080601                        14.2500                7.2500
     8527                       184,807.44                                             48.68   No MI                  100273900103339288              5.2500                      20080601                        15.2500                9.2500
     85363                      262,908.53                                             84.84   No MI                  100273900103339635              6.2500                      20080601                        15.7000                9.7000
     21771                      275,918.84                                             90.00   No MI                  100273900103339866              6.7500                      20080601                        13.8900                7.8900
     20772                      280,533.41                                             67.55   No MI                  100273900103339957              0.0000                                                       0.0000                0.0000
     33015                      304,677.82                                             90.00   No MI                  100273900103340104              6.2500                      20080601                        13.9500                7.9500
     48239                      110,320.24                                             80.00   No MI                  100273900103340211              5.7500                      20080601                        13.2000                7.2000
     60544                      182,270.98                                             80.00   No MI                  100273900103340971              5.7500                      20080601                        13.5000                7.5000
     48765                      72,179.38                                              85.00   No MI                  100273900103340989              6.2500                      20080601                        15.5500                9.5500
     33068                      215,919.00                                             90.00   No MI                  100273900103341045              6.5000                      20080601                        15.4500                9.4500
     34983                      365,323.69                                             93.00   No MI                  100273900103343686              6.2500                      20090601                        14.8000                8.8000
     11727                      450,459.96                                             95.00   No MI                  100273900103343744              0.0000                                                       0.0000                0.0000
     92551                      360,000.00                                             90.00   No MI                  100273900103344437              6.7500                      20080601                        14.8000                7.8000
     60616                      161,857.59                                             90.00   No MI                  100273900103344452              5.5000                      20080601                        16.0500               10.0500
     81504                      139,435.58                                             90.00   No MI                  100273900103344510              6.0000                      20110601                        14.7500                8.7500
     32952                      132,984.19                                               76.11 No MI                  100273900103344676              0.0000                                                       0.0000                0.0000
     60140                      283,031.23                                             80.00   No MI                  100273900103345020              5.7500                      20090601                        13.8750                7.8750
     48224                      143,731.09                                             90.00   No MI                  100273900103345707              6.2500                      20080601                        15.7000                9.7000
     60625                      417,319.96                                             95.00   No MI                  100273900103345731              7.0000                      20080601                        13.5000                7.5000
     18328                      143,810.00                                             80.00   No MI                  100273900103345764              5.7500                      20080601                        14.1000                8.1000
     30062                      202,451.47                                             85.00   No MI                  100273900103346218              0.0000                                                       0.0000                0.0000
     96732                      557,600.00                                             80.00   No MI                  100273900103347802              5.7500                      20080601                        14.2500                7.2500
     33147                      192,415.70                                             90.00   No MI                  100273900103348925              6.2500                      20080601                        15.6500                9.6500
     48174                      107,937.01                                             80.00   No MI                  100273900103349535              5.7500                      20080601                        13.9500                7.9500
     48205                      65,952.18                                              75.00   No MI                  100273900103349899              6.7500                      20080601                        16.9500               10.9500
     33313                      78,656.20                                              75.00   No MI                  100273900103350871              6.2500                      20080601                        14.6000                8.6000
     11420                      371,546.75                                             78.32   No MI                  100273900103350905              0.0000                                                       0.0000                0.0000
     90280                      468,390.88                                             75.00   No MI                  100273900103351242              5.2500                      20080601                        13.0000                7.0000
     48195                      129,924.17                                             80.00   No MI                  100273900103351390              5.7500                      20080601                        13.9500                7.9500
     90002                      438,550.37                                             75.00   No MI                  100273900103351432              5.5000                      20080601                        14.8000                8.8000
     32060                      119,825.73                                             70.59   No MI                  100273900103351622              0.0000                                                       0.0000                0.0000
     10541                      519,573.88                                             80.00   No MI                  100273900103351853              6.2500                      20090601                        12.7500                6.7500
     33024                      279,757.46                                             87.23   No MI                  100273900103352299              6.5000                      20080601                        12.5500                6.5500
     90022                      97,843.57                                              24.50   No MI                  100273900103353396              5.1250                      20110601                        13.1500                7.1500
     91745                      671,645.92                                             80.00   No MI                  100273900103353453              5.7500                      20080601                        14.3000                8.3000
     60559                      320,938.05                                             95.00   No MI                  100273900103354592              6.5000                      20090601                        14.4500                8.4500
     33029                      426,146.59                                             90.00   No MI                  100273900103354808              6.5000                      20080601                        15.1500                9.1500
     33021                      279,561.82                                             80.00   No MI                  100273900103358395              5.7500                      20090601                        13.2500                7.2500
     15201                      69,947.05                                            100.00    No MI                  100273900103359336              7.2500                      20080601                        16.7500               10.7500
     44128                      98,801.53                                              90.00   No MI                  100273900103359781              3.0000                      20080601                        15.0000                9.0000
     48116                      127,132.97                                             80.00   No MI                  100273900103360805              5.7500                      20080601                        14.3000                8.3000
     34116                      296,664.02                                             90.00   No MI                  100273900103361688              6.7500                      20080601                        14.8500                8.8500
     48201                      207,677.71                                             80.00   No MI                  100273900103361852              6.2500                      20080601                        13.3000                7.3000
     37343                      74,913.61                                              75.00   No MI                  100273900103362397              6.2500                      20080601                        14.9900                8.9900
     33313                      82,887.10                                              76.85   No MI                  100273900103364849              5.7500                      20080601                        13.9500                7.9500
     48910                      83,784.72                                              80.00   No MI                  100273900103365507              5.7500                      20080601                        13.1000                7.1000
     60617                      171,908.04                                             80.00   No MI                  100273900103365861              5.7500                      20080601                        14.2500                8.2500
     19040                      242,028.12                                             80.00   No MI                  100273900103365911              5.7500                      20080601                        13.3500                7.3500
     20720                      325,847.29                                             80.00   No MI                  100273900103368238              5.7500                      20080601                        12.8500                6.8500
     33196                      295,773.80                                             80.00   No MI                  100273900103370465              5.7500                      20080601                        13.0000                7.0000
     43560                      98,891.43                                              90.00   No MI                  100273900103370721              6.5000                      20080601                        15.0000                9.0000
     92562                      320,172.27                                             85.00   No MI                  100353100200602018              6.9900                      20080401                        15.9900                6.9900
     97502                      117,348.10                                              61.84  No MI                          0                       0.0000                                                       0.0000                0.0000
     12308                      59,961.90                                              75.00   No MI                  100274130810173825              6.8000                      20080601                        16.5500                6.8000
     73111                      52,156.97                                              90.00   No MI                  100274130421180755              0.0000                                                       0.0000                0.0000
     73120                      49,743.56                                              62.50   No MI                  100274130421180441              0.0000                                                       0.0000                0.0000
     73507                      79,473.45                                            100.00    No MI                  100274130420181689              7.6500                      20080701                        17.3000                7.6500
     36303                      104,594.39                                             79.98   No MI                  100274130542182649              7.4000                      20080601                        15.4000                7.4000
     36303                      26,184.48                                              99.99   No MI                  100274130542182672              0.0000                                                       0.0000                0.0000
     48504                      51,103.66                                              80.00   No MI                  100258910060512149              6.7500                      20080701                        17.5000                6.7500
     33853                      80,954.83                                              90.00   No MI                  100022100154861116              5.5000                      20080701                        14.9000                5.5000
     85326                      171,915.95                                             80.00   No MI                  100351000154884558              5.5000                      20080701                        12.1000                5.5000
     92223                      216,885.13                                             70.00   No MI                  100144600097453742              7.0000                      20080701                        15.1500                7.0000
     48223                      107,953.72                                             90.00   No MI                  100386100002221679              5.5000                      20090701                        16.1500               10.1500
     85635                      71,964.02                                              75.79   No MI                  100386100002221745              0.0000                                                       0.0000                0.0000
     19403                      33,788.46                                              95.00   No MI                          0                       0.0000                                                       0.0000                0.0000
     63023                      252,857.50                                             90.00   No MI                  100386100002222784              0.0000                                                       0.0000                0.0000
     97203                      199,444.35                                           100.00    No MI                  100307200000159057              0.0000                                                       0.0000                0.0000
     97140                      193,871.94                                             80.00   No MI                  100307200000164206              7.4900                      20080401                        13.9900                7.4900
     97140                      48,538.69                                            100.00    No MI                  100307200000162432              0.0000                                                       0.0000                0.0000
     98274                      186,804.01                                             80.00   No MI                  100307200000182208              6.1250                      20080501                        14.1250                6.1250
     98274                      46,692.21                                            100.00    No MI                  100307200000181846              0.0000                                                       0.0000                0.0000
     97008                      143,028.53                                             80.00   No MI                  100307200000183099              5.3750                      20080501                        13.3750                5.3750
     97008                      35,768.97                                            100.00    No MI                  100307200000182901              0.0000                                                       0.0000                0.0000
     97754                      232,000.00                                           100.00    No MI                  100307200000186613              7.0000                      20080501                        16.3750                7.0000
     48227                      95,818.00                                              80.00   No MI                  100039011775051436              7.8750                      20090401                        16.7500                7.8750
     48006                      202,053.49                                             80.00   No MI                  100039011777284662              6.0000                      20090501                        15.8250                6.0000
     48210                      78,800.00                                              80.00   No MI                  100039011777894866              6.3750                      20090501                        16.1250                6.3750
     48220                      87,900.96                                              79.28   No MI                  100039011778051367              5.8000                      20090601                        15.8750                5.8000
     48180                      97,144.46                                              83.84   No MI                  100039011778966895              6.5000                      20090601                        16.0500                6.5000
     48422                      87,907.44                                               76.19  No MI                  100039011779306208              6.5500                      20090601                        16.2000                6.5500
     49546                      221,200.00                                             80.00   No MI                  100039011779985035              5.9250                      20090501                        15.8750                5.9250
     48210                      19,637.58                                            100.00    No MI                  100039011930859509              0.0000                                                       0.0000                0.0000
     48006                      50,445.01                                            100.00    No MI                  100039011931549695              0.0000                                                       0.0000                0.0000
     49546                      54,767.88                                              99.95   No MI                  100039011931825855              0.0000                                                       0.0000                0.0000
     49509                      119,871.79                                             80.00   No MI                  100039016769597955              6.2500                      20090601                        16.1250                6.2500
     49224                      80,888.06                                              90.00   No MI                  100039016772627344              6.0000                      20090501                        16.8500                6.0000
     48150                      194,822.09                                           100.00    No MI                  100039016775336018              6.0000                      20090601                        16.8750                6.0000
     48455                      240,099.75                                             90.00   No MI                  100039016776912254              6.5000                      20090601                        17.3000                6.5000
     48237                      125,855.23                                             52.50   No MI                  100039016777529545              6.3500                      20090601                        15.7750                6.3500
     48076                      109,475.36                                             80.00   No MI                  100039016777844498              6.0000                      20090601                        15.8250                6.0000
     48359                      98,762.55                                               79.10  No MI                  100039016778554575              6.0000                      20090601                        15.8250                6.0000
     48346                      145,841.55                                             69.52   No MI                  100039016779169613              6.7500                      20090601                        16.0500                6.7500
     48359                      25,647.76                                              99.66   No MI                  100039016931266570              0.0000                                                       0.0000                0.0000
     48076                      27,344.32                                            100.00    No MI                  100039016931985526              0.0000                                                       0.0000                0.0000
     48239                      87,848.76                                              77.99   No MI                  100039046754479091              8.6000                      20090301                        17.1000                8.6000
     49249                      130,400.00                                             80.00   No MI                  100039046756846305              6.3750                      20090501                        16.0250                6.3750
     60626                      99,515.61                                              95.00   No MI                  100039046760741864              8.3000                      20090301                        16.8000                8.3000
     31324                      138,825.71                                             76.37   No MI                  100039046767372754              6.5000                      20090601                        15.3500                6.5000
     39352                      190,871.19                                             85.00   No MI                  100039046769761509              7.0250                      20090401                        16.5250                7.0250
     34606                      162,693.48                                             80.00   No MI                  100039046769826971              6.5750                      20090301                        15.4500                6.5750
     75704                      82,533.35                                              95.00   No MI                  100039046771242241              6.0000                      20090501                        16.7500                6.0000
     44805                      125,685.03                                             90.00   No MI                  100039046771394646              6.0000                      20090401                        15.4000                6.0000
     77449                      71,898.92                                              90.00   No MI                  100039046771746597              6.0000                      20090501                        16.7750                6.0000
     59901                      234,905.87                                             79.99   No MI                  100039046772572943              6.2500                      20090601                        16.7750                6.2500
     52806                      72,999.87                                            100.00    No MI                  100039046772847022              8.2750                      20090301                        18.9000                8.2750
     11741                      281,395.87                                             90.00   No MI                  100039046774584268              5.9500                      20090601                        16.0750                5.9500
     16342                      116,739.79                                             80.00   No MI                  100039046774757583              6.6250                      20090601                        15.3750                6.6250
     17404                      84,734.45                                              80.00   No MI                  100039046774839563              7.0000                      20090601                        17.6500                7.0000
     31757                      120,529.69                                             85.00   No MI                  100039046774846543              6.0000                      20090501                        16.7500                6.0000
     17320                      195,302.81                                             85.00   No MI                  100039046774854505              5.5500                      20090601                        16.4000                5.5500
     33321                      147,475.00                                             79.99   No MI                  100039046775203728              5.8250                      20090501                        15.5250                5.8250
     60626                      183,900.00                                             79.99   No MI                  100039046775268192              5.0250                      20090601                        14.9250                5.0250
     7112                       188,000.00                                             80.00   No MI                  100039046775605237              6.1250                      20090501                        16.0750                6.1250
     67502                      89,918.68                                            100.00    No MI                  100039046775647676              6.1000                      20090501                        14.8500                6.1000
     31641                      168,314.90                                             99.40   No MI                  100039046776414662              5.5000                      20090501                        16.3250                5.5000
     13492                      69,643.12                                              85.00   No MI                  100039046776656833              6.2500                      20090601                        17.4250                6.2500
     7860                       237,195.41                                             95.00   No MI                  100039046776768539              6.0000                      20090501                        17.2000                6.0000
     39574                      82,896.46                                               62.41  No MI                  100039046776778694              5.3000                      20090601                        15.3750                5.3000
     2332                       244,746.32                                              56.19  No MI                  100039046776781573              6.3500                      20090601                        16.2750                6.3500
     19709                      160,742.35                                             88.46   No MI                  100039046777053824              6.5000                      20090501                        16.1500                6.5000
     5478                       103,344.41                                              51.75  No MI                  100039046777098423              6.0000                      20090501                        16.4500                6.0000
     33435                      230,025.48                                             90.00   No MI                  100039046777107174              5.8000                      20090501                        16.0750                5.8000
     48179                      101,167.40                                             75.00   No MI                  100039046777171444              7.0000                      20090601                        17.4000                7.0000
     33809                      233,420.15                                             85.00   No MI                  100039046777499787              6.0000                      20090501                        16.7500                6.0000
     11422                      167,726.90                                              36.13  No MI                  100039046777565538              6.5000                      20090501                        16.0750                6.5000
     42301                      142,238.07                                             80.00   No MI                  100039046777633948              6.0000                      20090601                        15.8250                6.0000
     31904                      132,814.29                                             95.00   No MI                  100039046777763281              5.6000                      20090501                        16.8000                5.6000
     24017                      96,901.12                                              80.83   No MI                  100039046777848298              6.3000                      20090601                        16.3500                6.3000
     19145                      80,919.16                                              67.50   No MI                  100039046777873718              6.0000                      20090601                        16.4500                6.0000
     48154                      195,899.87                                             79.99   No MI                  100039046777876141              5.6250                      20090601                        15.5750                5.6250
     31075                      95,343.70                                              70.74   No MI                  100039046778022463              6.0000                      20090501                        16.7750                6.0000
     30047                      125,400.00                                             95.00   No MI                  100039046778038832              6.3750                      20090501                        17.5000                6.3750
     1752                       178,829.61                                              62.81  No MI                  100039046778047999              6.7500                      20090601                        16.6750                6.7500
     19963                      116,825.98                                             74.52   No MI                  100039046778056040              6.5000                      20090501                        16.5000                6.5000
     91606                      305,561.33                                             85.00   No MI                  100039046778058798              5.8000                      20090501                        16.6750                5.8000
     33440                      119,771.18                                             80.00   No MI                  100039046778320271              6.0000                      20090501                        15.3000                6.0000
     30114                      124,913.59                                           100.00    No MI                  100039046778371449              6.0000                      20090601                        18.2000                6.0000
     10940                      99,872.67                                              50.00   No MI                  100039046778412847              6.0000                      20090601                        15.2750                6.0000
     27863                      136,177.17                                             90.00   No MI                  100039046778423802              6.2000                      20090601                        17.0000                6.2000
     48044                      262,216.61                                             75.00   No MI                  100039046778553061              6.5500                      20090601                        16.0750                6.5500
     47025                      222,800.00                                             80.00   No MI                  100039046778596193              6.1250                      20090601                        16.0250                6.1250
     40118                      118,995.94                                             80.00   No MI                  100039046778643748              6.0000                      20090501                        15.8250                6.0000
     30016                      95,407.21                                               77.10  No MI                  100039046778681987              6.2500                      20090501                        15.6000                6.2500
     10303                      309,697.02                                             77.69   No MI                  100039046778690145              5.8500                      20090601                        16.5500                5.8500
     1108                       112,000.00                                             80.00   No MI                  100039046778769279              5.5250                      20090601                        15.4750                5.5250
     72532                      74,899.00                                              75.38   No MI                  100039046778812632              5.6000                      20090601                        15.0000                5.6000
     14580                      179,784.47                                             80.00   No MI                  100039046778813994              5.7000                      20090601                        15.5750                5.7000
     18328                      129,823.67                                             70.00   No MI                  100039046778834305              7.2500                      20090601                        19.2500                7.2500
     67154                      94,293.77                                              80.00   No MI                  100039046778904553              6.2500                      20090601                        15.8750                6.2500
     33470                      250,704.08                                             74.48   No MI                  100039046778944146              6.2500                      20090601                        15.6500                6.2500
     72756                      139,385.59                                           100.00    No MI                  100039046779033923              6.0000                      20090601                        17.3750                6.0000
     87323                      63,200.00                                              80.00   No MI                  100039046779175096              6.1250                      20090601                        16.4750                6.1250
     21211                      135,777.90                                             85.00   No MI                  100039046779246137              5.8500                      20090601                        16.2500                5.8500
     28803                      126,989.46                                              78.31  No MI                  100039046779251095              6.7500                      20090601                        17.1000                6.7500
     2382                       250,572.50                                             83.67   No MI                  100039046779299813              6.3000                      20090501                        15.8500                6.3000
     48082                      94,887.98                                               60.13  No MI                  100039046779333893              5.2000                      20090601                        15.6500                5.2000
     33543                      298,654.38                                             89.98   No MI                  100039046779378344              7.6000                      20090601                        16.9750                7.6000
     6606                       183,949.83                                             78.30   No MI                  100039046779495783              4.9250                      20090601                        14.8250                4.9250
     8065                       199,809.62                                             78.43   No MI                  100039046779636030              6.1500                      20090601                        16.6750                6.1500
     87121                      151,841.79                                             80.00   No MI                  100039046779653068              5.5000                      20090601                        16.2500                5.5000
     37049                      98,000.00                                               81.67  No MI                  100039046779697263              6.3750                      20090601                        15.9500                6.3750
     21666                      266,749.84                                              71.20  No MI                  100039046779766035              6.7500                      20090601                        16.7500                6.7500
     10465                      185,801.28                                             37.96   No MI                  100039046779784863              5.8000                      20090601                        16.1250                5.8000
     83706                      248,000.00                                             80.00   No MI                  100039046779794946              6.1250                      20090601                        16.0250                6.1250
     48195                      108,400.00                                             80.00   No MI                  100039046779797402              6.2750                      20090601                        16.0250                6.2750
     49004                      85,398.17                                              95.00   No MI                  100039046779808233              5.6000                      20090601                        16.0500                5.6000
     48240                      90,970.88                                              89.22   No MI                  100039046779848635              7.6000                      20090601                        16.9750                7.6000
     33415                      238,413.22                                             90.00   No MI                  100039046779911938              7.8000                      20090601                        16.5500                7.8000
     49201                      103,200.00                                             80.00   No MI                  100039046779977772              5.6250                      20090601                        15.5750                5.6250
     49855                      114,894.51                                              87.12  No MI                  100039046780010589              6.0000                      20090601                        16.8500                6.0000
     48317                      99,886.28                                              80.00   No MI                  100039046780059263              6.0000                      20090601                        15.8250                6.0000
     83651                      118,515.07                                             80.00   No MI                  100039046780077281              6.0000                      20090601                        15.8250                6.0000
     30234                      169,301.19                                             98.55   No MI                  100039046780093247              4.8000                      20090601                        15.6750                4.8000
     85706                      231,222.77                                             82.68   No MI                  100039046780428138              6.2500                      20090601                        15.7000                6.2500
     17403                      106,997.03                                             90.00   No MI                  100039046780467862              6.5000                      20090601                        16.7000                6.5000
     85745                      195,435.01                                              81.46  No MI                  100039046780560138              8.1000                      20090601                        16.8500                8.1000
     51534                      98,954.29                                              90.00   No MI                  100039046780981888              7.0000                      20090601                        15.7500                7.0000
     48235                      69,979.39                                              58.33   No MI                  100039046781141532              8.1000                      20090601                        17.2500                8.1000
     49249                      32,490.88                                            100.00    No MI                  100039046927139127              0.0000                                                       0.0000                0.0000
     33321                      36,718.36                                              99.99   No MI                  100039046929775720              0.0000                                                       0.0000                0.0000
     60626                      45,870.03                                              99.99   No MI                  100039046930016288              0.0000                                                       0.0000                0.0000
     7112                       46,856.00                                            100.00    No MI                  100039046930062761              0.0000                                                       0.0000                0.0000
     16342                      29,125.24                                            100.00    No MI                  100039046930337981              0.0000                                                       0.0000                0.0000
     44087                      25,316.82                                            100.00    No MI                  100039046930539420              0.0000                                                       0.0000                0.0000
     42301                      35,490.95                                            100.00    No MI                  100039046930725714              0.0000                                                       0.0000                0.0000
     48154                      48,889.86                                            100.00    No MI                  100039046930824103              0.0000                                                       0.0000                0.0000
     47025                      50,827.38                                               98.31  No MI                  100039046931206052              0.0000                                                       0.0000                0.0000
     1108                       27,943.10                                            100.00    No MI                  100039046931226282              0.0000                                                       0.0000                0.0000
     67154                      23,550.40                                            100.00    No MI                  100039046931313544              0.0000                                                       0.0000                0.0000
     87323                      15,767.88                                            100.00    No MI                  100039046931388405              0.0000                                                       0.0000                0.0000
     83651                      29,589.74                                              99.99   No MI                  100039046931828582              0.0000                                                       0.0000                0.0000
     49201                      25,747.56                                            100.00    No MI                  100039046931832121              0.0000                                                       0.0000                0.0000
     48317                      24,949.19                                            100.00    No MI                  100039046931845974              0.0000                                                       0.0000                0.0000
     48195                      27,037.09                                            100.00    No MI                  100039046931924860              0.0000                                                       0.0000                0.0000
     6606                       50,857.82                                            100.00    No MI                  100039046931944017              0.0000                                                       0.0000                0.0000
     83706                      61,865.31                                            100.00    No MI                  100039046932128511              0.0000                                                       0.0000                0.0000
     48072                      165,999.99                                              79.81  No MI                  100039048771221308              6.3750                      20090301                        14.8750                6.3750
     48230                      257,990.30                                             73.37   No MI                  100039048774106522              6.2000                      20090601                        15.9750                6.2000
     65560                      73,521.16                                              80.00   No MI                  100039048776058010              6.2500                      20090601                        16.1750                6.2500
     65802                      49,929.45                                              65.79   No MI                  100039048776982102              5.8000                      20090601                        16.1500                5.8000
     38104                      100,905.16                                           100.00    No MI                  100039048777828189              6.0000                      20090601                        16.8250                6.0000
     33947                      341,086.88                                             76.57   No MI                  100039048777993116              5.7000                      20090601                        15.5250                5.7000
     32082                      307,573.42                                             95.00   No MI                  100039048778825986              5.9000                      20090601                        17.8750                5.9000
     87059                      254,689.95                                             85.00   No MI                  100039048779022534              6.3500                      20090601                        15.5000                6.3500
     34759                      170,244.52                                             80.00   No MI                  100039048779452434              6.0000                      20090601                        16.8750                6.0000
     48072                      41,727.64                                            100.00    No MI                  100039048928714460              0.0000                                                       0.0000                0.0000
     65560                      18,358.47                                            100.00    No MI                  100039048931115440              0.0000                                                       0.0000                0.0000
     22302                      308,750.00                                             92.44   No MI                  100039049775610744              6.1250                      20090501                        17.1000                6.1250
     30294                      131,142.94                                             75.00   No MI                  100039049777325069              7.0000                      20090601                        17.4000                7.0000
     89108                      298,878.32                                             95.00   No MI                  100039049777980186              6.0000                      20090501                        17.3500                6.0000
     81132                      54,941.34                                                 61.11No MI                  100039049778553206              6.5000                      20090601                        17.1500                6.5000
     23602                      97,058.42                                              79.67   No MI                  100039049778716340              6.5000                      20090501                        16.6000                6.5000
     93313                      264,685.95                                              75.71  No MI                  100039049779093566              5.0000                      20090601                        15.6250                5.0000
     80534                      139,898.04                                           100.00    No MI                  100039049779543537              6.0000                      20090601                        17.9250                6.0000
     6040                       127,383.66                                             85.00   No MI                  100039049779690288              6.0000                      20090601                        16.8750                6.0000
     19136                      114,300.00                                             90.00   No MI                  100039049780045209              6.2750                      20090601                        15.9000                6.2750
     48316                      187,454.02                                             80.00   No MI                  100039072769909658              7.2750                      20090301                        15.7750                7.2750
     48837                      186,808.39                                             85.00   No MI                  100039072773566197              6.2500                      20090601                        16.3250                6.2500
     48231                      78,880.00                                              87.78   No MI                  100039072775340351              6.2500                      20090501                        16.4000                6.2500
     48842                      90,793.93                                              90.00   No MI                  100039072775982186              6.4000                      20090601                        15.7000                6.4000
     48075                      115,500.00                                             79.99   No MI                  100039072776776793              6.3750                      20090601                        16.0250                6.3750
     48225                      66,400.00                                              80.00   No MI                  100039072777062177              5.7250                      20090501                        15.9250                5.7250
     48227                      74,288.04                                              80.00   No MI                  100039072777122245              7.0000                      20090501                        16.4500                7.0000
     49229                      191,085.02                                              81.38  No MI                  100039072777320484              6.7500                      20090601                        17.1500                6.7500
     48334                      116,691.93                                             95.00   No MI                  100039072777782444              6.2500                      20090501                        16.9500                6.2500
     48036                      49,955.15                                              45.87   No MI                  100039072778427080              6.2500                      20090601                        17.0000                6.2500
     37115                      121,600.00                                             95.00   No MI                  100039072778858060              5.6750                      20090601                        16.8000                5.6750
     48035                      136,826.45                                             60.09   No MI                  100039072779084724              6.7500                      20090601                        15.3000                6.7500
     48220                      69,902.65                                              44.87   No MI                  100039072779696949              6.3500                      20090601                        19.3750                6.3500
     49464                      131,048.75                                             80.00   No MI                  100039072780128635              5.9000                      20090601                        15.7750                5.9000
     48021                      125,656.94                                             78.63   No MI                  100039072781096872              6.0000                      20090601                        15.8250                6.0000
     48316                      46,732.36                                            100.00    No MI                  100039072927987737              0.0000                                                       0.0000                0.0000
     48075                      28,837.22                                            100.00    No MI                  100039072930347887              0.0000                                                       0.0000                0.0000
     48225                      16,540.96                                            100.00    No MI                  100039072930966538              0.0000                                                       0.0000                0.0000
     48021                      32,833.15                                               99.19  No MI                  100039072932251103              0.0000                                                       0.0000                0.0000
     8034                       302,917.80                                             80.00   No MI                  100353006050300324              6.7500                      20090601                        15.7810                6.7500
     10462                      308,635.70                                             66.45   No MI                  100353006050400132              6.1000                      20080601                        14.6500                8.6500
     30315                      116,000.00                                             80.00   No MI                  100353006052200233              6.1000                      20080601                        15.2000                9.2000
     21214                      149,884.07                                             60.00   No MI                  100353006051600136              6.1000                      20080601                        16.6500               10.6500
     8724                       263,648.12                                             80.00   No MI                  100353006052200332              0.0000                                                       0.0000                0.0000
     33603                      769,110.75                                             70.00   No MI                  100353006050900149              0.0000                                                       0.0000                0.0000
     22079                      77,746.64                                            100.00    No MI                  100353006050100211              0.0000                                                       0.0000                0.0000
     7865                       349,041.21                                             79.98   No MI                  100353006050100096              6.3000                      20080601                        14.1250                8.1250
     31410                      53,975.17                                            100.00    No MI                  100353006042800233              0.0000                                                       0.0000                0.0000
     11743                      350,789.18                                             80.00   No MI                  100353006051100319              0.0000                                                       0.0000                0.0000
     11743                      87,738.46                                            100.00    No MI                  100353006051100327              0.0000                                                       0.0000                0.0000
     33323                      67,928.16                                            100.00    No MI                  100353006050200011              0.0000                                                       0.0000                0.0000
     19462                      45,558.17                                            100.00    No MI                  100353006050900461              0.0000                                                       0.0000                0.0000
     30135                      84,285.20                                              80.00   No MI                  100353006051900171              6.1000                      20080601                        13.9500                7.9500
     19038                      203,997.27                                             80.00   No MI                  100353006052200068              6.1000                      20080601                        14.3000                8.3000
     8322                       99,935.07                                            100.00    No MI                  100353006050500154              0.0000                                                       0.0000                0.0000
     21225                      55,928.63                                            100.00    No MI                  100353006050100039              0.0000                                                       0.0000                0.0000
     1607                       309,464.70                                               77.11 No MI                  100353006051200036              6.1000                      20080601                        12.7500                6.7500
     30274                      85,475.07                                              80.00   No MI                  100353006051100210              6.1000                      20080601                        13.6000                7.6000
     34761                      65,753.36                                            100.00    No MI                  100353006050900347              0.0000                                                       0.0000                0.0000
     2886                       47,172.84                                            100.00    No MI                  100353006042800076              0.0000                                                       0.0000                0.0000
     19355                      239,629.97                                              79.21  No MI                  100353006051700217              0.0000                                                       0.0000                0.0000
     33021                      359,588.52                                              81.82  No MI                  100353006051100285              6.1000                      20080601                        14.8000                8.8000
     23320                      183,623.51                                             80.00   No MI                  100353006052500533              6.1000                      20080601                        13.1000                7.1000
     23320                      45,951.74                                            100.00    No MI                  100353006052500541              0.0000                                                       0.0000                0.0000
     33066                      303,200.00                                             80.00   No MI                  100353006052200399              6.1000                      20080601                        14.5500                8.5500
     10466                      375,999.30                                             80.00   No MI                  100353006051600193              6.1000                      20090601                        13.6380                7.6380
     8724                       65,948.43                                            100.00    No MI                  100353006052200340              0.0000                                                       0.0000                0.0000
     19038                      51,043.85                                            100.00    No MI                  100353006052200100              0.0000                                                       0.0000                0.0000
     33029                      368,560.46                                             90.00   No MI                  100353006051200234              6.1000                      20080601                        14.6000                8.6000
     30135                      21,085.84                                            100.00    No MI                  100353006051900148              0.0000                                                       0.0000                0.0000
     6511                       173,881.97                                             60.00   No MI                  100353006051700092              7.5000                      20080601                        17.2500               11.2500
     10466                      93,936.22                                            100.00    No MI                  100353006051600201              0.0000                                                       0.0000                0.0000
     17109                      112,314.66                                             75.00   No MI                  100353006051700035              0.0000                                                       0.0000                0.0000
     32811                      136,637.06                                             80.00   No MI                  100353006052400049              6.1000                      20080601                        14.6000                8.6000
     30274                      21,386.10                                            100.00    No MI                  100353006051100228              0.0000                                                       0.0000                0.0000
     18324                      189,496.22                                             75.84   No MI                  100102600400557577              5.5000                      20080701                        14.9900                5.5000
     5356                       164,970.77                                             78.57   No MI                  100258910060512289              5.5000                      20080701                        15.6250                5.5000
     48221                      85,227.37                                            100.00    No MI                  100330706050126797              5.5000                      20080601                        16.2000                5.5000
     85301                      149,916.34                                              73.17  No MI                  100009390000013116              5.5000                      20080701                        14.9000                5.5000
     85741                      174,554.24                                             72.92   No MI                  100274130211167111              4.8500                      20080501                        12.8500                4.8500
     6234                       229,750.41                                              79.31  No MI                  100274130750175780              7.0500                      20080601                        15.0500                7.0500
     97206                      226,081.17                                              78.10  No MI                  100274130111169001              6.0000                      20080501                        14.4500                6.0000
     95501                      284,864.46                                             93.44   No MI                  100274130312176821              5.5000                      20080601                        14.6500                5.5000
     80917                      37,980.68                                            100.00    No MI                  100030200010120598              0.0000                                                       0.0000                0.0000
     85388                      239,851.99                                             80.00   No MI                  100093900000128873              5.5000                      20080701                        18.8000                5.5000
     19803                      251,619.48                                             95.00   No MI                  100232600000064738              5.5000                      20080701                        15.2500                5.5000
     30315                      143,824.90                                             80.00   No MI                  100184698160508013              5.5000                      20080601                        14.5000                5.5000
     50501                      76,777.04                                              84.40   No MI                  100274130652173727              0.0000                                                       0.0000                0.0000
     6610                       151,052.23                                             80.00   No MI                  100274130752174302              5.5000                      20080601                        15.5500                5.5000
     6610                       37,778.50                                            100.00    No MI                  100274130752174310              0.0000                                                       0.0000                0.0000
     34613                      311,887.55                                             80.00   No MI                  100274130912176304              6.6500                      20080601                        14.6500                6.6500
     34613                      77,922.44                                            100.00    No MI                  100274130912176312              0.0000                                                       0.0000                0.0000
     76179                      29,623.21                                              99.99   No MI                  100274130412170195              0.0000                                                       0.0000                0.0000
     78729                      125,827.62                                             89.99   No MI                  100274130410178851              5.5000                      20080601                        14.0000                5.5000
     11422                      448,875.70                                              74.21  No MI                  100274130812165670              7.6500                      20080601                        16.4500                7.6500
     70363                      102,857.03                                             64.38   No MI                  100274130532178805              5.5000                      20080601                        14.1000                5.5000
     3103                       303,777.13                                             79.99   No MI                  100274130592177929              0.0000                                                       0.0000                0.0000
     89512                      173,897.06                                             60.00   No MI                  100246100006660831              5.9000                      20080601                        13.9000                5.9000
     55417                      238,450.00                                             95.00   No MI                  100386100002223899              5.5000                      20080701                        14.3500                8.3500
     80524                      176,250.00                                             75.00   No MI                  100378000003114180              7.7500                      20080301                        14.8050                8.8050
     30354                      125,947.64                                             90.00   No MI                  100378000003159516              5.5000                      20080601                        15.1050                9.1050
     34288                      233,719.83                                             90.00   No MI                  100378000003161595              5.4750                      20080601                        14.5750                8.5750
     30501                      219,872.62                                             84.62   No MI                  100378000003163757              5.5000                      20080601                        13.9750                7.9750
     33617                      104,897.92                                             62.87   No MI                  100378000003164367              6.4800                      20080601                        15.5750                9.5750
     47715                      114,456.29                                             84.88   No MI                  100378000003165653              5.6000                      20080601                        14.7000                8.7000
     92551                      354,636.27                                           100.00    No MI                  100378000003165711              5.3500                      20080601                        15.3250                9.3250
     33763                      189,200.00                                             80.00   No MI                  100378000003167121              5.5000                      20080601                        14.7300                8.7300
     33763                      47,274.41                                            100.00    No MI                  100378000003167147              0.0000                                                       0.0000                0.0000
     30297                      97,642.02                                              85.00   No MI                  100378000003169358              5.5000                      20080601                        14.9650                8.9650
     34473                      194,321.46                                             90.00   No MI                  100378000003171230              6.1000                      20080601                        15.2000                9.2000
     47842                      66,246.52                                              80.00   No MI                  100378000003172402              5.8500                      20080601                        14.9500                8.9500
     32703                      265,381.85                                             90.00   No MI                  100378000003173749              5.5000                      20080601                        14.8750                8.8750
     30534                      112,265.42                                             80.00   No MI                  100032100001025228              5.5000                      20080601                        14.5750                5.5000
     46310                      30,972.34                                            100.00    No MI                  100135811051137574              0.0000                                                       0.0000                0.0000
     12192                      102,719.47                                             85.00   No MI                  100135811051139166              5.5000                      20080501                        16.2500               10.2500
     6024                       99,609.41                                              45.87   No MI                  100135811051139406              5.5000                      20080501                        14.3750                8.3750
     6804                       367,655.23                                             80.00   No MI                  100135811051140396              5.5000                      20080601                        15.7500                9.7500
     45373                      90,000.00                                              78.26   No MI                  100135811051140412              5.5000                      20080601                        14.8750                8.8750
     6018                       140,257.64                                             90.00   No MI                  100135811051140842              5.5000                      20080601                        15.3750                9.3750
     13440                      90,043.69                                            100.00    No MI                  100135811051141105              0.0000                                                       0.0000                0.0000
     7206                       396,815.51                                             95.00   No MI                  100135811051141675              5.5000                      20080601                        17.0000               11.0000
     6256                       171,405.52                                             57.67   No MI                  100135811051142129              0.0000                                                       0.0000                0.0000
     7524                       387,673.19                                             80.00   No MI                  100135811051142152              5.5000                      20080601                        16.2500               10.2500
     18466                      123,126.01                                             90.00   No MI                  100135811051142244              5.5000                      20080501                        15.7500                9.7500
     45373                      24,986.75                                            100.00    No MI                  100135811051142400              0.0000                                                       0.0000                0.0000
     6484                       154,858.56                                             47.69   No MI                  100135811051142434              5.5000                      20080601                        15.8750                9.8750
     6379                       227,774.81                                             80.00   No MI                  100135811051142616              5.5000                      20080601                        15.5000                9.5000
     2907                       161,826.92                                             90.00   No MI                  100135811051142665              5.5000                      20080601                        15.1250                9.1250
     34202                      251,806.25                                             80.00   No MI                  100135811051142731              5.5000                      20080601                        14.1250                8.1250
     46349                      24,986.75                                            100.00    No MI                  100135811051143689              0.0000                                                       0.0000                0.0000
     6716                       245,950.37                                             99.60   No MI                  100135811051143994              5.5000                      20080601                        15.3750                9.3750
     7107                       280,065.00                                             95.00   No MI                  100135811051144232              5.5000                      20080601                        17.3750               11.3750
     45449                      119,581.77                                             95.00   No MI                  100135811051145403              5.7500                      20080601                        15.5000                9.5000
     45118                      124,885.95                                             88.03   No MI                  100135811051145429              5.5000                      20080601                        15.8750                9.8750
     85254                      153,208.62                                             65.00   No MI                  100135811051145544              6.0000                      20080601                        14.3750                8.3750
     2891                       209,775.65                                             67.74   No MI                  100135811051145569              5.5000                      20080601                        15.1250                9.1250
     33417                      202,500.00                                             90.00   No MI                  100135811151030802              5.5000                      20080601                        17.0000               11.0000
     33713                      274,628.97                                             78.57   No MI                  100135811151031461              5.5000                      20080601                        13.9900                7.9900
     37388                      120,000.00                                             80.00   No MI                  100135811151031602              5.5000                      20080601                        14.7500                8.7500
     37388                      29,967.16                                            100.00    No MI                  100135811151031610              0.0000                                                       0.0000                0.0000
     27610                      106,095.11                                             90.00   No MI                  100135811151031677              5.5000                      20080601                        15.5000                9.5000
     27610                      106,095.11                                             90.00   No MI                  100135811151031685              5.5000                      20080601                        15.5000                9.5000
     33460                      179,781.13                                             58.06   No MI                  100135811151031743              6.2500                      20080601                        14.5000                8.5000
     33610                      108,698.05                                             85.00   No MI                  100135811151031818              5.5000                      20080601                        15.7500                9.7500
     32308                      158,825.28                                              75.71  No MI                  100135811151031834              6.2500                      20080601                        14.9900                8.9900
     33617                      159,743.34                                             80.00   No MI                  100135811151032220              5.5000                      20080601                        13.1250                7.1250
     33467                      118,800.00                                             90.00   No MI                  100135811151032360              5.5000                      20080601                        16.5000               10.5000
     60643                      131,619.87                                             85.00   No MI                  100135811201002223              5.5000                      20080601                        15.5000                9.5000
     46349                      79,894.98                                               76.19  No MI                  100135811201002355              5.5000                      20080601                        14.1250                8.1250
     8733                       154,861.98                                             63.27   No MI                  100135811220000869              5.5000                      20080601                        15.9900                9.9900
     8757                       119,909.24                                              57.14  No MI                  100135811220001289              5.5000                      20080601                        16.7500               10.7500
     12801                      136,243.69                                             68.25   No MI                  100135811240008173              6.0000                      20080501                        14.3750                8.3750
     32209                      62,166.18                                              75.00   No MI                  100135811240009270              0.0000                                                       0.0000                0.0000
     33777                      101,759.44                                             49.76   No MI                  100135811240009718              6.7500                      20080601                        14.5000                8.5000
     30019                      179,100.00                                             90.00   No MI                  100135813090085483              5.5000                      20080601                        15.5000                9.5000
     30188                      152,000.00                                             80.00   No MI                  100135813090085954              5.5000                      20080601                        13.8750                7.8750
     92220                      322,780.87                                             85.00   No MI                  100135817011221473              5.5000                      20080601                        17.2500               11.2500
     92530                      259,640.95                                              71.23  No MI                  100135817011222224              6.7500                      20080601                        13.8750                7.8750
     85373                      199,702.52                                             78.27   No MI                  100135817031036018              5.5000                      20080501                        15.5000                9.5000
     19320                      160,000.00                                              91.43  No MI                  100135819010252780              5.5000                      20080601                        16.1250               10.1250
     40118                      119,889.93                                             80.00   No MI                  100330706050129684              5.5000                      20080601                        15.8500                5.5000
     93647                      159,887.07                                             80.00   No MI                  100258920060404189              0.0000                                                       0.0000                0.0000
     40118                      29,986.81                                            100.00    No MI                  100330706050129692              0.0000                                                       0.0000                0.0000
     53143                      171,938.53                                             80.00   No MI                  100258910060516645              6.7500                      20080701                        16.9900                6.7500
     43219                      103,456.70                                             90.00   No MI                  100330706050125419              5.5000                      20080701                        16.2600                5.5000
     18104                      152,710.24                                             80.00   No MI                  100232600000065388              5.5000                      20080701                        14.6500                5.5000
     95838                      204,955.56                                              59.16  No MI                  100153210605007150              5.5000                      20080701                        14.9500                5.5000
     21224                      94,869.47                                              65.97   No MI                  100297130604260039              5.9000                      20080601                        14.9000                5.9000
     84119                      167,293.54                                             90.00   No MI                  100389160000243072              5.5000                      20080701                        14.2800                5.5000
     98205                      231,500.00                                             89.04   No MI                  100386100002228245              5.5000                      20080701                        13.7750                7.7750
     30233                      31,469.13                                            100.00    No MI                  100331700902109225              0.0000                                                       0.0000                0.0000
     77662                      53,398.92                                              50.00   No MI                  100331700902356461              8.1250                      20080401                        16.7500                9.7500
     37363                      23,134.48                                            100.00    No MI                  100331700902394256              0.0000                                                       0.0000                0.0000
     66048                      46,604.38                                              85.00   No MI                  100331700902554545              0.0000                                                       0.0000                0.0000
     24266                      39,665.31                                               90.91  No MI                  100331700902557126              0.0000                                                       0.0000                0.0000
     33025                      314,452.32                                             64.95   No MI                  100331700902569428              8.0000                      20080501                        15.7500                8.7500
     76002                      40,194.87                                            100.00    No MI                  100331700902572174              0.0000                                                       0.0000                0.0000
     76063                      152,639.77                                             90.00   No MI                  100331700902576258              5.5000                      20080501                        14.2500                7.2500
     93313                      199,454.63                                             63.49   No MI                  100331700902578676              5.5000                      20080501                        13.5000                6.5000
     89502                      74,417.38                                              68.09   No MI                  100331700902581043              0.0000                                                       0.0000                0.0000
     47933                      96,606.09                                              90.00   No MI                  100331700902589749              8.5000                      20090501                        16.5000                9.5000
     47933                      96,606.09                                              90.00   No MI                  100331700902590044              8.5000                      20090501                        16.5000                9.5000
     44135                      50,672.55                                            100.00    No MI                  100331700902593527              0.0000                                                       0.0000                0.0000
     63122                      54,947.10                                              50.28   No MI                  100331700902602690              0.0000                                                       0.0000                0.0000
     23607                      69,850.45                                              84.05   No MI                  100331700902604902              0.0000                                                       0.0000                0.0000
     92256                      69,825.36                                              77.73   No MI                  100331700902618951              0.0000                                                       0.0000                0.0000
     75424                      49,626.04                                               78.12  No MI                  100331700902631400              0.0000                                                       0.0000                0.0000
     19143                      103,450.08                                             80.00   No MI                  100331700902633380              0.0000                                                       0.0000                0.0000
     85016                      339,120.41                                             80.00   No MI                  100331700902647059              0.0000                                                       0.0000                0.0000
     98270                      34,969.67                                               83.41  No MI                  100331700902647968              0.0000                                                       0.0000                0.0000
     37912                      27,418.35                                            100.00    No MI                  100331700902649196              0.0000                                                       0.0000                0.0000
     30004                      198,523.60                                             62.50   No MI                  100331700902652281              0.0000                                                       0.0000                0.0000
     33916                      107,865.27                                             80.00   No MI                  100331700902660607              7.3750                      20080601                        15.3750                8.3750
     32578                      137,405.15                                             82.40   No MI                  100331700902669665              6.7500                      20080601                        14.7500                7.7500
     85218                      354,642.06                                             90.69   No MI                  100331700902674780              5.5000                      20080501                        14.1250                7.1250
     34761                      147,768.40                                             80.00   No MI                  100331700902677429              0.0000                                                       0.0000                0.0000
     28146                      122,823.58                                             80.56   No MI                  100331700902679243              0.0000                                                       0.0000                0.0000
     2905                       198,776.06                                             83.26   No MI                  100331700902681819              0.0000                                                       0.0000                0.0000
     77657                      63,916.58                                               57.14  No MI                  100331700902685398              0.0000                                                       0.0000                0.0000
     18052                      185,486.95                                             74.30   No MI                  100331700902689515              6.7500                      20080601                        14.7500                7.7500
     60443                      90,755.40                                              79.95   No MI                  100331700902691529              0.0000                                                       0.0000                0.0000
     20155                      550,000.00                                           100.00    No MI                  100331700902691701              2.2500                      20090601                        14.6250                7.6250
     24558                      123,874.18                                           100.00    No MI                  100331700902691834              8.3750                      20090601                        16.3750                9.3750
     17320                      254,673.68                                           100.00    No MI                  100331700902695306              0.0000                                                       0.0000                0.0000
     60513                      61,958.15                                            100.00    No MI                  100331700902698482              0.0000                                                       0.0000                0.0000
     75013                      46,380.10                                              90.00   No MI                  100331700902699043              0.0000                                                       0.0000                0.0000
     34731                      212,520.77                                             95.09   No MI                  100331700902699407              5.5000                      20090501                        14.5000                7.5000
     23234                      159,789.81                                             93.57   No MI                  100331700902701302              5.5000                      20080601                        15.1250                8.1250
     23502                      164,721.83                                             82.50   No MI                  100331700902701849              5.8750                      20080601                        13.8750                6.8750
     46227                      116,825.78                                             90.00   No MI                  100331700902702235              0.0000                                                       0.0000                0.0000
     33322                      209,769.72                                             66.67   No MI                  100331700902703431              0.0000                                                       0.0000                0.0000
     23220                      254,593.68                                             85.00   No MI                  100331700902706103              6.6250                      20080601                        14.6250                7.6250
     33843                      132,749.48                                             88.08   No MI                  100331700902710709              5.5000                      20080601                        13.5000                6.5000
     49220                      184,769.23                                           100.00    No MI                  100331700902713208              5.5000                      20090601                        15.3750                8.3750
     94565                      343,500.46                                             88.09   No MI                  100331700902714784              6.6250                      20080601                        14.6250                7.6250
     60440                      57,356.58                                            100.00    No MI                  100331700902715534              0.0000                                                       0.0000                0.0000
     78619                      99,858.39                                              29.76   No MI                  100331700902717035              0.0000                                                       0.0000                0.0000
     49660                      94,644.13                                              85.00   No MI                  100331700902717472              5.8750                      20080601                        14.8750                7.8750
     30315                      115,847.72                                             80.00   No MI                  100331700902719171              7.1250                      20090601                        15.1250                8.1250
     33510                      164,662.72                                              54.10  No MI                  100331700902720138              4.8750                      20080601                        12.8750                5.8750
     65020                      69,403.95                                              93.92   No MI                  100331700902720328              0.0000                                                       0.0000                0.0000
     46060                      150,133.87                                             80.00   No MI                  100331700902720690              5.0000                      20080601                        11.6250                5.0000
     43332                      54,818.35                                              59.78   No MI                  100331700902723272              0.0000                                                       0.0000                0.0000
     85938                      75,922.94                                              50.00   No MI                  100331700902723868              0.0000                                                       0.0000                0.0000
     34120                      230,647.38                                              71.74  No MI                  100331700902724528              6.3750                      20080601                        14.3750                7.3750
     32244                      113,082.17                                             80.00   No MI                  100331700902726234              0.0000                                                       0.0000                0.0000
     46226                      67,690.54                                              80.00   No MI                  100331700902727273              5.5000                      20080601                        15.7500                8.7500
     63857                      81,498.21                                              80.00   No MI                  100331700902727349              7.3750                      20080601                        15.3750                8.3750
     32514                      78,646.61                                              75.00   No MI                  100331700902729105              7.1250                      20080601                        15.1250                8.1250
     40026                      252,721.98                                           100.00    No MI                  100331700902729667              0.0000                                                       0.0000                0.0000
     89129                      65,822.61                                               91.22  No MI                  100331700902731333              0.0000                                                       0.0000                0.0000
     34787                      161,684.29                                             57.86   No MI                  100331700902733040              5.1250                      20090601                        13.1250                6.1250
     32817                      71,925.85                                              78.20   No MI                  100331700902735243              0.0000                                                       0.0000                0.0000
     48185                      20,191.47                                            100.00    No MI                  100331700902738304              0.0000                                                       0.0000                0.0000
     17109                      166,275.82                                             90.00   No MI                  100331700902739625              0.0000                                                       0.0000                0.0000
     49315                      101,459.70                                             80.00   No MI                  100331700902739690              6.8750                      20090601                        14.8750                7.8750
     48030                      111,860.29                                           100.00    No MI                  100331700902740185              7.3750                      20090601                        15.3750                8.3750
     66502                      102,834.77                                             95.37   No MI                  100331700902740599              5.5000                      20090601                        14.1250                7.1250
     89431                      224,976.11                                             85.00   No MI                  100331700902741837              0.0000                                                       0.0000                0.0000
     60534                      111,765.45                                             80.00   No MI                  100331700902742603              6.0000                      20090601                        14.8750                7.8750
     15767                      62,028.28                                              90.00   No MI                  100331700902742967              0.0000                                                       0.0000                0.0000
     22968                      103,345.89                                             52.27   No MI                  100331700902743262              6.5000                      20090601                        14.5000                7.5000
     87575                      124,799.48                                             89.29   No MI                  100331700902745739              0.0000                                                       0.0000                0.0000
     46064                      64,623.07                                               16.67  No MI                  100331700902746000              0.0000                                                       0.0000                0.0000
     33023                      151,767.97                                             63.33   No MI                  100331700902747594              5.5000                      20080601                        14.3750                7.3750
     33611                      187,714.20                                             85.45   No MI                  100331700902748048              5.5000                      20090601                        13.7500                6.7500
     46107                      83,179.26                                               84.14  No MI                  100331700902749616              0.0000                                                       0.0000                0.0000
     19601                      52,449.86                                              89.90   No MI                  100331700902750010              0.0000                                                       0.0000                0.0000
     67147                      317,927.32                                             95.00   No MI                  100331700902750424              8.0000                      20080601                        16.3750                9.3750
     61616                      55,860.27                                              80.00   No MI                  100331700902752958              6.5000                      20080601                        16.1250                9.1250
     46062                      120,000.00                                             80.00   No MI                  100331700902753071              2.2500                      20090601                        15.3750                8.3750
     46721                      53,551.10                                              80.00   No MI                  100331700902753154              0.0000                                                       0.0000                0.0000
     33761                      332,551.22                                             95.00   No MI                  100331700902753451              8.5000                      20090601                        16.5000                9.5000
     32244                      100,674.26                                             84.00   No MI                  100331700902753576              5.5000                      20080601                        15.3750                8.3750
     28139                      72,285.57                                              65.23   No MI                  100331700902753584              0.0000                                                       0.0000                0.0000
     78258                      172,325.10                                             98.57   No MI                  100331700902756173              0.0000                                                       0.0000                0.0000
     18346                      99,854.80                                              88.50   No MI                  100331700902757544              5.5000                      20090601                        14.6250                7.6250
     30655                      106,179.02                                             80.00   No MI                  100331700902757734              7.0750                      20080601                        13.0750                8.0750
     34769                      49,754.93                                              20.00   No MI                  100331700902758120              0.0000                                                       0.0000                0.0000
     23601                      194,180.86                                             90.00   No MI                  100331700902759243              7.8750                      20090601                        15.8750                8.8750
     50316                      69,702.69                                              75.00   No MI                  100331700902760688              0.0000                                                       0.0000                0.0000
     34668                      117,801.15                                             97.52   No MI                  100331700902762056              5.8750                      20090601                        13.8750                6.8750
     33702                      154,801.66                                             68.58   No MI                  100331700902763179              0.0000                                                       0.0000                0.0000
     60115                      292,584.15                                             96.38   No MI                  100331700902763799              5.5000                      20090601                        14.7500                7.7500
     48116                      209,744.38                                           100.00    No MI                  100331700902765265              7.5000                      20090601                        15.5000                8.5000
     89115                      87,088.42                                              46.38   No MI                  100331700902765661              7.2500                      20080601                        15.2500                8.2500
     49461                      94,640.79                                              85.00   No MI                  100331700902766586              6.7500                      20080601                        14.7500                7.7500
     33169                      429,421.03                                           100.00    No MI                  100331700902770380              6.7500                      20090601                        15.0000                8.0000
     60612                      56,122.93                                            100.00    No MI                  100331700902774861              0.0000                                                       0.0000                0.0000
     32117                      54,927.81                                              37.93   No MI                  100331700902774952              0.0000                                                       0.0000                0.0000
     32206                      72,196.82                                              85.00   No MI                  100331700902775082              0.0000                                                       0.0000                0.0000
     64050                      33,782.11                                            100.00    No MI                  100331700902776130              0.0000                                                       0.0000                0.0000
     53209                      103,897.28                                             80.00   No MI                  100331700902777138              8.2500                      20090601                        16.5000                9.5000
     1602                       49,751.93                                               14.75  No MI                  100331700092779852              0.0000                                                       0.0000                0.0000
     48219                      129,999.96                                             96.30   No MI                  100331700902780389              7.2500                      20090601                        14.3750                7.3750
     37075                      107,166.51                                             52.44   No MI                  100331700902780900              0.0000                                                       0.0000                0.0000
     38017                      157,340.37                                             80.00   No MI                  100331700902782005              5.9900                      20080601                        13.9900                6.9900
     46229                      104,262.95                                             90.00   No MI                  100331700902782781              0.0000                                                       0.0000                0.0000
     60532                      174,198.68                                             53.86   No MI                  100331700902787228              0.0000                                                       0.0000                0.0000
     38017                      39,356.90                                            100.00    No MI                  100331700902787731              0.0000                                                       0.0000                0.0000
     19026                      69,908.11                                               31.60  No MI                  100331700902788655              7.1250                      20080601                        15.1250                8.1250
     33881                      49,852.33                                              66.67   No MI                  100331700902790719              0.0000                                                       0.0000                0.0000
     88005                      35,979.30                                              98.90   No MI                  100331700902791386              0.0000                                                       0.0000                0.0000
     48240                      101,552.23                                             95.00   No MI                  100331700902791816              7.0000                      20090601                        16.6250                9.6250
     60450                      137,799.60                                             80.00   No MI                  100331700902792863              6.0000                      20090601                        14.6250                7.6250
     49660                      16,716.64                                            100.00    No MI                  100331700902795114              0.0000                                                       0.0000                0.0000
     75010                      47,563.60                                            100.00    No MI                  100331700902796161              0.0000                                                       0.0000                0.0000
     33880                      100,000.00                                             80.00   No MI                  100331700902796690              0.0000                                                       0.0000                0.0000
     6109                       149,776.66                                             67.26   No MI                  100331700902798266              6.5000                      20080601                        14.5000                7.5000
     49461                      16,714.85                                            100.00    No MI                  100331700902799934              0.0000                                                       0.0000                0.0000
     75009                      51,017.22                                              99.97   No MI                  100331700902800989              0.0000                                                       0.0000                0.0000
     89506                      359,490.20                                             90.00   No MI                  100331700902801474              6.7500                      20080601                        14.7500                7.7500
     84078                      103,367.55                                             90.00   No MI                  100331700902806317              6.0000                      20080601                        15.2500                8.2500
     23462                      154,788.89                                              73.81  No MI                  100331700902807463              8.0000                      20080601                        16.0000                9.0000
     38115                      79,112.98                                              80.00   No MI                  100331700902808404              6.9900                      20090601                        15.9900                8.9900
     33712                      233,729.76                                             88.30   No MI                  100331700902809097              0.0000                                                       0.0000                0.0000
     37013                      103,796.85                                             80.00   No MI                  100331700902809154              6.6250                      20090601                        13.6250                6.6250
     37013                      25,951.57                                            100.00    No MI                  100331700902809261              0.0000                                                       0.0000                0.0000
     22191                      65,934.82                                            100.00    No MI                  100331700902812273              0.0000                                                       0.0000                0.0000
     46201                      79,106.14                                              90.00   No MI                  100331700902816142              6.6250                      20090601                        15.6250                8.6250
     84109                      232,000.00                                             80.00   No MI                  100331700902829400              6.9900                      20090601                        14.9900                7.9900
     76063                      48,213.12                                              99.97   No MI                  100331700902833048              0.0000                                                       0.0000                0.0000
     34482                      139,814.62                                             53.85   No MI                  10020950010029435               7.7500                      20080501                        16.0500               10.0500
     45891                      97,908.21                                            100.00    No MI                  10020950010029575               6.6500                      20080501                        17.6500               11.6500
     47804                      89,938.27                                            100.00    No MI                  10020950010029602               6.7500                      20080601                        17.2000               11.2000
     2860                       266,660.49                                           100.00    No MI                  10020950010029660               6.7500                      20080501                        16.2400               10.2400
     28269                      120,879.30                                           100.00    No MI                  10020950010029683               6.7500                      20080501                        17.4000               11.4000
     46563                      137,894.49                                           100.00    No MI                  10020950010029684               6.2500                      20080601                        16.7000               10.7000
     40509                      77,857.06                                            100.00    No MI                  10020950010029710               7.4000                      20080601                        18.2000               12.2000
     63138                      85,914.89                                            100.00    No MI                  10020950010029729               6.7500                      20080501                        17.4000               11.4000
     47630                      442,771.45                                             79.90   No MI                  10020950010029740               7.0000                      20080601                        13.4000                7.4000
     44657                      68,963.69                                            100.00    No MI                  10020950010029758               7.6500                      20080601                        18.4000               12.4000
     32808                      120,000.00                                             80.00   No MI                  10020950010029798               7.0000                      20080601                        13.9000                7.9000
     32808                      29,980.69                                            100.00    No MI                  10020950010029799               0.0000                                                       0.0000                0.0000
     67217                      103,432.06                                           100.00    No MI                  10020950010029801               6.7500                      20080601                        17.4000               11.4000
     46236                      144,859.78                                             83.82   No MI                  10020950010029805               7.2500                      20080601                        15.6000                9.6000
     32926                      139,897.27                                           100.00    No MI                  10020950010029832               6.7500                      20080601                        17.2000               11.2000
     32233                      89,595.34                                              65.00   No MI                  10020950010029843               7.2500                      20080601                        14.7000                8.7000
     47130                      94,941.62                                            100.00    No MI                  10020950010029846               7.2500                      20080601                        17.7000               11.7000
     33614                      106,901.86                                             54.87   No MI                  10020950010029849               7.7000                      20080601                        15.8500                9.8500
     64118                      101,878.51                                             85.00   No MI                  10020950010029919               7.2500                      20080601                        14.6000                8.6000
     15210                      64,155.05                                              85.00   No MI                          0                       6.2500                      20080701                        17.6250                6.2500
     19103                      479,693.92                                             74.42   No MI                  100076500001034970              0.0000                                                       0.0000                0.0000
     98168                      244,841.52                                             77.29   No MI                  100389160000226382              5.5000                      20080701                        14.1800                5.5000
     97301                      224,779.52                                             90.00   No MI                  100389160000021064              5.5000                      20080701                        14.7100                5.5000
     49509                      174,298.10                                             80.00   No MI                  100144600097453833              5.5000                      20080701                        14.6750                5.5000
     33615                      123,947.16                                             80.00   No MI                  100144600097454237              5.7500                      20080701                        16.1750                5.7500
     17403                      108,505.41                                             75.00   No MI                  100331700902380198              7.7500                      20080301                        17.0000               10.0000
     1247                       67,460.08                                              90.00   No MI                  100331700902579575              0.0000                                                       0.0000                0.0000
     46750                      139,358.55                                             90.00   No MI                  100331700902584823              0.0000                                                       0.0000                0.0000
     49057                      423,818.52                                             85.00   No MI                  100331700902599615              6.8750                      20080401                        14.8750                7.8750
     89115                      172,000.00                                             80.00   No MI                  100331700902606162              6.5000                      20080501                        14.5000                7.5000
     17112                      118,027.02                                             85.00   No MI                  100331700902607921              0.0000                                                       0.0000                0.0000
     46217                      100,494.57                                             95.00   No MI                  100331700902615544              7.2500                      20080601                        15.9950                8.9950
     29621                      52,941.22                                            100.00    No MI                  100331700902630279              0.0000                                                       0.0000                0.0000
     19023                      151,965.01                                             85.00   No MI                  100331700902644841              7.5000                      20080601                        15.5000                8.5000
     24421                      240,750.00                                             90.00   No MI                  100331700902645483              7.2500                      20090601                        15.2500                8.2500
     30179                      140,000.00                                             80.00   No MI                  100331700902653891              2.2500                      20080501                        15.3750                8.3750
     32548                      206,778.84                                             90.00   No MI                  100331700902654824              7.6250                      20080601                        16.1250                9.1250
     92570                      402,000.00                                             89.73   No MI                  100331700902660227              7.6250                      20080501                        15.6250                8.6250
     89030                      147,699.48                                              61.67  No MI                  100331700902664484              0.0000                                                       0.0000                0.0000
     60010                      350,000.00                                              70.71  No MI                  100331700902674459              5.0000                      20080601                        17.0000               10.0000
     48064                      205,000.00                                              73.21  No MI                  100331700902679482              7.6250                      20090501                        15.6250                8.6250
     85032                      164,500.00                                              69.41  No MI                  100331700902681827              7.3750                      20080501                        14.3750                7.3750
     46220                      112,359.67                                             90.00   No MI                  100331700902686099              7.3750                      20080601                        15.3750                8.3750
     23605                      100,000.00                                             74.07   No MI                  100331700902686669              5.5000                      20090601                        13.5000                6.5000
     95831                      409,625.93                                           100.00    No MI                  100331700902687089              8.5000                      20090601                        16.8750                9.8750
     49078                      115,569.80                                             89.00   No MI                  100331700902689614              7.5000                      20080601                        15.8750                8.8750
     19026                      171,806.24                                             85.00   No MI                  100331700902689929              7.5000                      20090601                        17.1250               10.1250
     49690                      128,000.00                                             80.00   No MI                  100331700902692493              2.2500                      20080501                        16.9900                9.9900
     46970                      102,503.89                                             90.00   No MI                  100331700902692998              8.0000                      20090601                        16.7500                9.7500
     85621                      83,902.99                                              75.00   No MI                  100331700902693566              0.0000                                                       0.0000                0.0000
     60513                      247,999.67                                             80.00   No MI                  100331700902698417              2.2500                      20080601                        14.7500                7.7500
     92602                      600,000.00                                             74.53   No MI                  100331700902701534              6.3750                      20080601                        14.6250                7.6250
     47403                      84,522.82                                              90.00   No MI                  100331700902704835              7.8750                      20090601                        16.8750                9.8750
      AZ                        235,754.37                                             80.00   No MI                  100331700902706889              8.0000                      20080601                        16.2500                9.2500
     48504                      49,959.01                                               71.43  No MI                  100331700902708380              0.0000                                                       0.0000                0.0000
     67213                      69,601.30                                              85.00   No MI                  100331700902712200              8.0000                      20080601                        14.7500                7.7500
     32218                      115,468.52                                             85.00   No MI                  100331700902715062              8.0000                      20080601                        16.0000                9.0000
     33026                      203,200.00                                             80.00   No MI                  100331700902717886              5.8750                      20090601                        13.8750                6.8750
     49091                      64,949.50                                              76.47   No MI                  100331700902720401              6.8750                      20080601                        17.6250               10.6250
     45238                      85,971.55                                              90.00   No MI                  100331700902722886              9.6250                      20080601                        17.1250               10.1250
     34481                      121,600.00                                             80.00   No MI                  100331700902723512              7.6250                      20080601                        14.3730                7.3730
     19149                      111,913.40                                             85.00   No MI                  100331700902723546              0.0000                                                       0.0000                0.0000
     37920                      80,755.49                                              90.00   No MI                  100331700902726424              0.0000                                                       0.0000                0.0000
     32177                      88,754.09                                              95.00   No MI                  100331700902728933              0.0000                                                       0.0000                0.0000
     28805                      111,848.88                                             80.00   No MI                  100331700902729188              6.9900                      20080601                        14.9900                7.9900
     45231                      80,000.00                                              80.00   No MI                  100331700902729535              2.2500                      20080601                        16.1250                9.1250
     18505                      97,660.62                                              85.00   No MI                  100331700902730848              7.2500                      20080601                        16.8750                9.8750
     29680                      104,406.96                                             95.00   No MI                  100331700902735136              8.0000                      20090601                        16.9900                9.9900
     37129                      93,826.02                                              90.00   No MI                  100331700902735631              0.0000                                                       0.0000                0.0000
     49004                      97,098.47                                              90.00   No MI                  100331700902742033              7.2500                      20090601                        16.2500                9.2500
     48442                      166,851.32                                             74.89   No MI                  100331700902742678              7.9900                      20080601                        16.9900                9.9900
     49022                      129,785.84                                             64.04   No MI                  100331700902742926              6.0000                      20080601                        13.9900                6.9900
     46617                      60,244.99                                              90.00   No MI                  100331700902744104              7.7500                      20080601                        16.8750                9.8750
     94565                      399,500.00                                             85.00   No MI                  100331700902744112              8.5000                      20090601                        16.5000                9.5000
     84084                      157,348.50                                             90.00   No MI                  100331700902745002              7.0000                      20080601                        16.6250                9.6250
     1109                       84,920.37                                              85.00   No MI                  100331700902745366              7.5000                      20080601                        16.7500                9.7500
     85027                      210,359.14                                             80.00   No MI                  100331700902745853              6.3750                      20080601                        14.3750                7.3750
     60624                      239,762.97                                             80.00   No MI                  100331700902746661              0.0000                                                       0.0000                0.0000
     49417                      137,000.00                                           100.00    No MI                  100331700902748063              6.5000                      20090601                        14.5000                7.5000
     48504                      50,949.62                                              78.46   No MI                  100331700902748162              7.5000                      20080601                        16.5000                9.5000
     85302                      319,200.67                                             90.00   No MI                  100331700902750044              8.6500                      20080601                        16.7500                9.7500
     46123                      202,900.00                                           100.00    No MI                  100331700902752933              6.4000                      20090601                        15.4000                8.4000
     48101                      126,528.17                                             85.00   No MI                  100331700902754731              8.5750                      20080601                        16.6250                9.6250
     32725                      62,921.40                                              46.67   No MI                  100331700902766677              0.0000                                                       0.0000                0.0000
     89506                      269,993.75                                           100.00    No MI                  100331700902768681              6.7500                      20090601                        14.7500                7.7500
     50561                      54,966.93                                              70.97   No MI                  100331700902774804              0.0000                                                       0.0000                0.0000
     60452                      109,896.94                                           100.00    No MI                  100331700902776536              5.2500                      20090601                        16.7500                9.7500
     48180                      138,000.00                                           100.00    No MI                  100331700902778094              7.0000                      20090601                        15.0000                8.0000
     53511                      76,335.46                                              85.00   No MI                  100331700902780538              7.2500                      20080601                        16.2500                9.2500
     61065                      126,738.96                                             95.00   No MI                  100331700902780645              7.2500                      20080601                        18.2500                7.2500
     48912                      74,035.89                                              95.00   No MI                  100331700902783060              7.6250                      20080601                        17.1250               10.1250
     80219                      142,175.56                                             80.00   No MI                  100331700902784605              6.2500                      20080601                        14.2500                7.2500
     6108                       109,719.45                                             90.00   No MI                  100331700902785453              0.0000                                                       0.0000                0.0000
     85339                      231,964.57                                             90.00   No MI                  100331700902786683              8.3750                      20080601                        16.3750                9.3750
     67216                      81,589.77                                              95.00   No MI                  100331700902792749              6.5000                      20090601                        14.9900                7.9900
     49015                      87,136.64                                              80.00   No MI                  100331700902795841              0.0000                                                       0.0000                0.0000
     80216                      131,876.34                                             80.00   No MI                  100331700902801664              8.7500                      20080601                        16.7500                9.7500
     48035                      116,861.36                                             90.00   No MI                  100331700902805616              6.6250                      20080601                        15.6250                8.6250
     41015                      93,837.68                                              80.00   No MI                  100331700902812588              6.5000                      20080601                        13.7500                6.7500
     31805                      93,414.69                                              85.00   No MI                  100331700902815987              7.8750                      20080601                        16.8750                9.8750
     61412                      68,816.23                                            100.00    No MI                  100331700902816035              6.5000                      20090601                        15.5000                8.5000
     95348                      280,455.00                                             80.00   No MI                  100331700902829095              7.0000                      20080601                        15.0000                8.0000
     3442                       95,930.51                                               76.19  No MI                  100386100002229136              5.5000                      20080701                        13.6250                7.6250
     55014                      156,660.27                                             95.00   No MI                  100386100002229912              5.5000                      20080701                        14.7750                8.7750
     33936                      221,000.00                                             85.00   No MI                  100153210605027281              5.5000                      20080701                        14.1500                5.5000
     33319                      307,942.49                                             80.00   No MI                  100274130912182377              5.5000                      20080701                        15.4500                5.5000
     33319                      76,845.87                                            100.00    No MI                  100274130912182393              0.0000                                                       0.0000                0.0000
     30127                      94,000.00                                              69.63   No MI                  100148706020390004              5.5000                      20080601                        15.6450                5.5000
     30291                      109,170.00                                             93.38   No MI                  100148706041730006              5.5000                      20080601                        16.9000                5.5000
     30127                      125,857.76                                               68.11 No MI                  100148706042800006              5.5000                      20080601                        14.8600                5.5000
     30067                      136,840.00                                             84.99   No MI                  100148706043810004              5.5000                      20080601                        15.6800                5.5000
     36110                      70,747.77                                              95.00   No MI                  100014685010610791              5.5000                      20080701                        16.6500                5.5000
     30011                      334,575.36                                             90.00   No MI                  100148706052500009              0.0000                                                       0.0000                0.0000
     55412                      149,750.97                                             90.00   No MI                  100386100002232494              5.5000                      20080701                        14.0750                8.0750
     22192                      280,000.00                                             87.50   No MI                  100386100002234102              5.7500                      20080701                        14.6250                8.6250
     55122                      207,941.70                                             80.00   No MI                  100386100002235158              0.0000                                                       0.0000                0.0000
     23503                      159,969.44                                             67.80   No MI                  100258920060502875              6.2500                      20080701                        15.3750                6.2500
     19428                      209,930.55                                             75.00   No MI                  100258910060406615              5.5000                      20080701                        21.0000                5.5000
     22191                      240,000.00                                             60.00   No MI                  100061600000031683              5.5000                      20080701                        13.5000                5.5000
     89108                      115,406.25                                             40.53   No MI                  100096000060602011              5.5000                      20080701                        13.0500                5.5000
     20707                      332,908.00                                             90.00   No MI                  100130000000158799              5.5000                      20080701                        14.1250                5.5000
     89108                      233,667.01                                             85.00   No MI                  100153210605028107              5.5000                      20080701                        13.2500                5.5000
     92308                      283,309.39                                             90.00   No MI                  100144600097454716              5.5000                      20080701                        13.9900                5.5000
     33065                      316,675.70                                             90.00   No MI                          0                       7.4500                      20080301                        14.4500                8.4500
     92504                      322,930.80                                             83.90   No MI                  100258920060503006              5.5000                      20080701                        14.9900                5.5000
     84067                      123,194.65                                             85.00   No MI                  100389160000226887              5.5000                      20080701                        15.9300                5.5000
     19960                      179,825.76                                             89.99   No MI                  100274130850184591              8.3250                      20080701                        16.3250                8.3250
     98335                      411,759.73                                             80.00   No MI                  100274130122177415              5.9500                      20080601                        13.9500                5.9500
     90250                      435,042.48                                             80.00   No MI                  100274130312176078              5.5000                      20080501                        13.6000                5.5000
     77379                      478,916.47                                             80.00   No MI                  100274130412180640              5.9000                      20080601                        13.9000                5.9000
     48118                      206,908.56                                             90.00   No MI                  100202930605080136              5.5000                      20080601                        14.9000                5.5000
     43204                      71,171.49                                              80.00   No MI                  100202930605010034              5.5000                      20080601                        15.2300                5.5000
     43537                      164,829.07                                             85.00   No MI                  100202930604280059              5.5000                      20090601                        14.9900                8.9900
     44312                      111,848.88                                             80.00   No MI                  100202930604210072              5.5000                      20080601                        13.9900                5.5000
     43228                      117,512.72                                             82.82   No MI                  100202910605230006              0.0000                                                       0.0000                0.0000
     33023                      137,479.07                                             67.40   No MI                  100202930605030024              6.7500                      20080701                        15.1250                6.7500
     45879                      73,059.99                                              85.00   No MI                  100202930605220088              0.0000                                                       0.0000                0.0000
     32818                      229,833.19                                             95.00   No MI                  100202930605260019              5.5000                      20080701                        12.9500                5.5000
     33014                      403,557.60                                             85.00   No MI                  100202930605240136              6.5500                      20080701                        15.6500                6.5500
     17038                      33,393.37                                            100.00    No MI                  100350300000484350              0.0000                                                       0.0000                0.0000
     38134                      16,892.62                                            100.00    No MI                  100350300000407161              0.0000                                                       0.0000                0.0000
     70506                      19,509.07                                              95.00   No MI                  100350300000515500              0.0000                                                       0.0000                0.0000
     77070                      17,722.76                                            100.00    No MI                  100350300000536696              0.0000                                                       0.0000                0.0000
     17113                      19,915.46                                              97.94   No MI                  100350300000548485              0.0000                                                       0.0000                0.0000
     91354                      68,917.59                                              90.00   No MI                  100213300000127717              0.0000                                                       0.0000                0.0000
     11236                      433,329.67                                              76.81  No MI                  100213300000141064              5.9000                      20080501                        15.3200                9.3200
     10469                      395,926.80                                             90.00   No MI                  100213300000132931              5.7500                      20080401                        15.3000                9.3000
     60626                      29,963.18                                            100.00    No MI                  100213300000135710              0.0000                                                       0.0000                0.0000
     27406                      30,616.46                                            100.00    No MI                  100213300000130521              0.0000                                                       0.0000                0.0000
     22936                      569,165.93                                              98.51  No MI                  100213300000128491              5.7500                      20080401                        15.3000                9.3000
     46408                      58,000.00                                            100.00    No MI                  100213300000136676              6.3750                      20080501                        16.5000               10.5000
     63771                      58,652.30                                            100.00    No MI                  100213300000132675              6.1250                      20080401                        16.3500               10.3500
     63366                      125,000.00                                           100.00    No MI                  100213300000131958              6.1250                      20080301                        15.5000                9.5000
     36116                      24,528.61                                            100.00    No MI                  100213300000136023              0.0000                                                       0.0000                0.0000
     28747                      178,380.23                                             85.00   No MI                  100213300000139928              6.0000                      20080601                        17.3000               11.3000
     45381                      17,276.30                                            100.00    No MI                  100213300000136478              0.0000                                                       0.0000                0.0000
     29118                      104,449.96                                             85.70   No MI                  100213300000142401              0.0000                                                       0.0000                0.0000
     17402                      122,698.78                                             77.36   No MI                  100213300000136064              6.0000                      20090401                        14.5000                8.5000
     83704                      14,238.96                                              95.00   No MI                  100213300000137591              0.0000                                                       0.0000                0.0000
     2909                       203,515.52                                             85.00   No MI                  100213300000136098              6.0000                      20080401                        14.6500                8.6500
     33919                      138,425.60                                             80.00   No MI                  100213300000136791              5.9000                      20080401                        14.0250                8.0250
     33919                      34,673.54                                            100.00    No MI                  100213300000136809              0.0000                                                       0.0000                0.0000
     46350                      22,759.14                                            100.00    No MI                  100213300000138094              0.0000                                                       0.0000                0.0000
     74017                      88,795.58                                               91.75  No MI                  100213300000135579              0.0000                                                       0.0000                0.0000
     21230                      156,800.00                                             64.00   No MI                  100213300000141825              6.1250                      20080501                        15.6250                9.6250
     90032                      209,759.96                                             23.33   No MI                  100213300000132741              6.3750                      20080601                        14.8000                8.8000
     46350                      38,354.75                                              97.90   No MI                  100213300000138813              0.0000                                                       0.0000                0.0000
     54901                      91,934.74                                            100.00    No MI                  100213300000136693              0.0000                                                       0.0000                0.0000
     92335                      191,000.00                                             57.36   No MI                  100213300000133574              5.9000                      20080401                        14.9500                8.9500
     18466                      105,528.47                                             90.00   No MI                  100213300000136882              6.1250                      20080401                        17.1000               11.1000
     98277                      303,423.21                                             80.00   No MI                  100213300000138052              5.9000                      20080501                        14.3250                8.3250
     48043                      112,344.53                                             75.00   No MI                  100213300000140090              6.0000                      20080501                        15.8500                9.8500
     48023                      404,136.92                                             90.00   No MI                  100213300000138490              5.9000                      20080501                        13.7500                7.7500
     28269                      235,350.00                                             90.00   No MI                  100213300000141171              5.7500                      20090601                        16.2500               10.2500
     8009                       248,469.36                                             75.00   No MI                  100213300000140280              5.7500                      20080501                        13.7500                7.7500
     1376                       128,187.86                                             85.00   No MI                  100213300000145982              6.7500                      20090601                        14.5000                8.5000
     45714                      17,580.47                                            100.00    No MI                  100213300000138631              0.0000                                                       0.0000                0.0000
     33907                      109,747.99                                              62.15  No MI                  100213300000139908              5.7500                      20080401                        14.8250                8.8250
     48314                      299,560.76                                             75.00   No MI                  100213300000140900              5.9000                      20080501                        15.5750                9.5750
     30127                      32,352.36                                            100.00    No MI                  100213300000139647              0.0000                                                       0.0000                0.0000
     78223                      85,393.24                                              90.00   No MI                  100213300000137153              5.7500                      20080501                        16.3250               10.3250
     78223                      85,372.84                                              90.00   No MI                  100213300000137161              5.7500                      20080501                        15.5000                9.5000
     45840                      115,782.34                                           100.00    No MI                  100213300000142278              0.0000                                                       0.0000                0.0000
     19541                      157,349.28                                             90.00   No MI                  100213300000143243              5.9000                      20080601                        15.6500                9.6500
     65802                      53,961.22                                              90.00   No MI                  100213300000145966              5.9000                      20080601                        16.9900               10.9900
     32305                      132,000.00                                             80.00   No MI                  100213300000139134              5.7500                      20080601                        15.8250                9.8250
     32305                      32,990.96                                            100.00    No MI                  100213300000139142              0.0000                                                       0.0000                0.0000
     55057                      141,872.49                                             64.55   No MI                  100213300000145297              0.0000                                                       0.0000                0.0000
     28025                      121,825.70                                             90.00   No MI                  100213300000143367              5.9000                      20090601                        15.3500                9.3500
     65714                      173,325.06                                             80.00   No MI                  100213300000141809              5.7500                      20080501                        15.2000                9.2000
     60490                      59,934.07                                            100.00    No MI                  100213300000143904              0.0000                                                       0.0000                0.0000
     60557                      26,946.11                                            100.00    No MI                  100213300000143177              0.0000                                                       0.0000                0.0000
     85242                      254,720.38                                             72.24   No MI                  100213300000144548              7.0000                      20080601                        15.0000                9.0000
     49286                      150,909.99                                             95.00   No MI                  100213300000144993              5.9000                      20080601                        15.8000                9.8000
     65714                      172,800.00                                             80.00   No MI                  100213300000146469              5.7500                      20080601                        14.9500                8.9500
     28215                      88,868.00                                              80.00   No MI                  100213300000146816              6.3000                      20080601                        14.4900                8.4900
     49330                      94,400.00                                              80.00   No MI                  100213300000144076              6.3750                      20080601                        13.9900                7.9900
     63114                      99,900.45                                              80.00   No MI                  100213300000146394              5.9000                      20080601                        15.4630                9.4630
     28215                      22,205.58                                            100.00    No MI                  100213300000146865              0.0000                                                       0.0000                0.0000
     93277                      180,940.14                                             69.62   No MI                  100165700600009058              0.0000                                                       0.0000                0.0000
     92377                      330,000.00                                             73.33   No MI                  100091620020051580              5.7500                      20080701                        21.8500                5.7500
     97462                      106,178.45                                             85.00   No MI                  100389160000231549              0.0000                                                       0.0000                0.0000
     23223                      110,336.48                                             80.00   No MI                  100198900000058751              0.0000                                                       0.0000                0.0000
     20784                      195,320.64                                              68.12  No MI                  100126300000140542              6.2500                      20080401                        14.8000                6.2500
     21202                      50,296.66                                              90.00   No MI                  100126300000148289              5.5000                      20080501                        15.5500                5.5000
     20772                      169,694.28                                              61.82  No MI                  100126300000144478              5.5000                      20080401                        13.4000                5.5000
     22192                      281,797.46                                              58.14  No MI                  100126300000135948              6.7500                      20080401                        15.6200                6.7500
     22031                      220,000.00                                             80.00   No MI                  100126300000152901              5.5000                      20080501                        14.2050                5.5000
     21225                      78,159.41                                              90.00   No MI                  100126300000133125              5.5000                      20080401                        15.9900                5.5000
     23832                      161,941.54                                             95.29   No MI                  100126300000143728              5.5000                      20080501                        16.9200                5.5000
     85335                      150,200.00                                             80.00   No MI                  100040788606000289              5.5000                      20080701                        15.7500                5.5000
     55744                      197,888.42                                             90.00   No MI                  100386100002238905              0.0000                                                       0.0000                0.0000
     91405                      327,651.40                                             80.00   No MI                  100175120056663811              5.9500                      20080601                        16.1500                5.9500
     91405                      81,944.38                                            100.00    No MI                  100175120056663829              0.0000                                                       0.0000                0.0000
     93703                      233,950.01                                             90.00   No MI                  100175120057311311              6.1000                      20080701                        15.8500                6.1000
     90605                      357,241.75                                             74.48   No MI                  100175120057361912              0.0000                                                       0.0000                0.0000
     89086                      304,985.59                                             90.00   No MI                  100175120057524418              6.3500                      20080601                        16.4500                6.3500
     93720                      284,936.45                                             75.00   No MI                  100175120057644018              6.3500                      20080601                        18.0000                6.3500
     92801                      548,000.00                                              84.31  No MI                  100175120057763313              6.3500                      20090601                        13.3500                6.3500
     92880                      543,855.08                                             80.00   No MI                  100175120057784814              6.9500                      20080701                        15.2500                6.9500
     92880                      135,961.52                                           100.00    No MI                  100175120057784822              0.0000                                                       0.0000                0.0000
     93657                      203,749.40                                             80.00   No MI                  100175120057904115              6.9500                      20080601                        15.4500                6.9500
     93657                      50,965.41                                            100.00    No MI                  100175120057904123              0.0000                                                       0.0000                0.0000
     90601                      509,802.96                                             85.00   No MI                  100175120105684156              0.0000                                                       0.0000                0.0000
     92240                      48,745.75                                            100.00    No MI                  100175120125059322              0.0000                                                       0.0000                0.0000
     92203                      332,496.97                                             80.00   No MI                  100175120125059785              5.9500                      20080501                        14.9150                5.9500
     92203                      83,121.77                                            100.00    No MI                  100175120125059793              0.0000                                                       0.0000                0.0000
     91042                      398,909.31                                             62.02   No MI                  100175120125060270              0.0000                                                       0.0000                0.0000
     91401                      459,735.60                                             80.00   No MI                  100175120125060304              5.9500                      20080601                        15.0000                5.9500
     91401                      114,923.68                                           100.00    No MI                  100175120125060312              0.0000                                                       0.0000                0.0000
     92833                      220,000.00                                             62.86   No MI                  100175120125060338              5.9500                      20080601                        14.2000                5.9500
     99206                      22,389.55                                              75.56   No MI                  100052550541357264              0.0000                                                       0.0000                0.0000
     92879                      358,417.42                                             60.00   No MI                  100013703082987779              0.0000                                                       0.0000                0.0000
     33462                      220,859.08                                             85.00   No MI                  100258910060202048              5.7500                      20080701                        14.2500                5.7500
     23223                      83,358.10                                              74.46   No MI                  100148706034430002              5.5000                      20090701                        15.4000                9.4000
     53220                      151,858.37                                             95.00   No MI                  100272406051004347              7.4900                      20080601                        15.9900                7.4900
     92411                      250,000.00                                             82.24   No MI                  100165700600008985              6.2500                      20080701                        13.6250                6.2500
     46031                      89,451.41                                              80.00   No MI                  100330706060130300              5.5000                      20080701                        15.0350                5.5000
     89120                      194,750.00                                             95.00   No MI                  100137306060028398              5.5000                      20080701                        15.2250                5.5000
     46224                      79,953.88                                              80.00   No MI                  100330706050128306              6.0000                      20080701                        14.7400                6.0000
     95973                      399,824.93                                              84.21  No MI                  100060806060054249              5.5000                      20080701                        16.0500                5.5000
     31904                      51,479.98                                              94.93   No MI                  100184698160526031              0.0000                                                       0.0000                0.0000
     56007                      104,751.62                                             80.00   No MI                  100386100002239549              6.2500                      20080701                        15.8000                9.8000
     33185                      297,520.72                                             80.00   No MI                          0                       5.5000                      20080701                        14.2500                5.5000
     36535                      96,937.51                                              74.62   No MI                  100274130542177185              6.0000                      20080701                        14.2000                6.0000
     33313                      80,714.28                                              85.00   No MI                  100274130912184027              8.0000                      20080701                        16.0000                8.0000
     40219                      133,750.00                                           100.00    No MI                  100330706050127860              6.6000                      20080701                        15.1000                6.6000
     30507                      292,446.19                                             90.00   No MI                  100229330000159198              6.0000                      20080701                        15.5000                6.0000
     3865                       209,870.14                                             62.50   No MI                  100386100002241818              5.5000                      20080701                        14.4000                8.4000
     44221                      106,057.48                                             85.00   No MI                  100273100008192870              5.5000                      20080501                        14.5500                5.5000
     66102                      103,396.64                                             90.00   No MI                  100273100008258234              5.5000                      20080601                        15.4500                5.5000
     47970                      89,135.99                                               71.40  No MI                  100273100008277804              5.5000                      20080601                        15.3500                5.5000
     53218                      83,907.70                                              80.00   No MI                  100273100008278497              5.5000                      20080601                        14.9900                5.5000
     63109                      161,347.08                                             85.00   No MI                  100273100008284412              5.5000                      20080601                        15.7000                5.5000
     45140                      104,382.98                                             95.00   No MI                  100273100008284875              5.5000                      20080601                        14.9000                5.5000
     33755                      123,410.16                                             72.65   No MI                  100273100008286029              0.0000                                                       0.0000                0.0000
     44109                      50,544.98                                              85.00   No MI                  100273100008287340              0.0000                                                       0.0000                0.0000
     66223                      197,912.22                                             90.00   No MI                  100273100008289346              5.5000                      20080701                        15.9900                5.5000
     64130                      74,659.19                                              90.00   No MI                  100273100008298560              5.5000                      20080701                        15.0000                5.5000
     46241                      71,214.20                                              95.00   No MI                  100273100008298735              5.5000                      20080701                        15.4000                5.5000
     19001                      204,149.54                                             95.00   No MI                  100258910060502710              5.5000                      20080701                        15.5000                5.5000
     77480                      61,378.59                                              90.00   No MI                  100424906020027409              5.5000                      20080501                        15.5000                5.5000
     14701                      65,425.36                                              85.00   No MI                  100274130812183566              5.7500                      20080701                        16.7500                5.7500
     76651                      50,360.21                                              70.00   No MI                  100173250020072641              7.2500                      20080601                        16.5500                7.2500
     85607                      62,974.91                                              70.00   No MI                  100301206052017933              7.0000                      20080601                        15.2500                7.0000
     93725                      215,000.00                                             68.25   No MI                  100093900000132594              5.5000                      20080701                        13.5000                5.5000
     92509                      278,000.00                                              78.31  No MI                  100091620020051523              5.5000                      20080701                        13.7500                5.5000
     36567                      49,976.67                                               41.67  No MI                  100274130542176799              6.0000                      20080701                        15.7500                6.0000
     6705                       203,909.75                                             85.00   No MI                  100274130752184830              5.7500                      20080701                        16.0000                5.7500
     32809                      245,500.57                                             85.00   No MI                          0                       5.5000                      20080701                        14.4800                5.5000
     33880                      67,929.22                                              80.00   No MI                  100271100000233484              5.5000                      20080601                        15.2500                5.5000
     85301                      91,937.96                                              80.00   No MI                  100060806060055972              5.5000                      20090701                        13.9750                7.9750
     85301                      22,993.91                                            100.00    No MI                  100060806060055998              0.0000                                                       0.0000                0.0000
     19023                      71,952.74                                              80.00   No MI                  100103100071906699              7.0000                      20080601                        18.4000                7.0000
     19141                      53,955.94                                              90.00   No MI                  100103100071900387              7.5000                      20080601                        17.4000                7.5000
     42724                      170,845.66                                             90.00   No MI                  100330706060132819              5.5000                      20080701                        24.4500                5.5000
     63135                      66,466.10                                              95.00   No MI                  100209500100300728              5.5000                      20080701                        15.3300                5.5000
     85027                      159,883.61                                             69.57   No MI                  100060806060057291              5.5000                      20080701                        18.2000                5.5000
     75115                      408,500.00                                             95.00   No MI                  100059400000010058              5.5000                      20080701                        14.8250                5.5000
     49203                      71,971.26                                              90.00   No MI                  100203000155965620              5.5000                      20080701                        16.4800                5.5000
     29405                      94,985.55                                               73.15  No MI                  100103100071899670              5.5000                      20080601                        15.5500                5.5000
     32805                      105,547.37                                             80.00   No MI                          0                       5.5000                      20080701                        21.9000                5.5000
     3588                       99,939.55                                              80.00   No MI                  100103100071909693              0.0000                                                       0.0000                0.0000
     32805                      26,393.30                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     63138                      215,904.45                                             80.00   No MI                  100103100071909032              7.5000                      20080701                        17.0000                7.5000
     29445                      177,407.01                                             84.93   No MI                  100103100071890539              7.0000                      20080701                        16.2000                7.0000
     19121                      53,980.06                                              90.00   No MI                  100103100071908166              5.5000                      20080701                        17.8400                5.5000
     38106                      50,382.46                                              90.00   No MI                  100103100071904702              5.5000                      20080701                        18.1100                5.5000
     18045                      521,749.69                                             89.29   No MI                  100031458006031448              5.5000                      20080701                        14.0000                5.5000
     33901                      105,935.12                                             80.00   No MI                  100209500100300389              7.4500                      20080701                        14.4500                7.4500
     33901                      26,493.20                                            100.00    No MI                  100209500100300421              0.0000                                                       0.0000                0.0000
     31405                      500,000.00                                             55.56   No MI                  100229330000163877              5.7500                      20080801                        14.3750                5.7500
     48124                      121,441.79                                             90.00   No MI                  100258910060600365              5.5000                      20080701                        15.6250                5.5000
     85338                      100,000.00                                             27.03   No MI                  100153210606007019              5.5000                      20080701                        13.6250                5.5000
     43147                      208,907.35                                             95.00   No MI                  100202930606050070              5.7500                      20080701                        15.9900                5.7500
     46219                      84,000.08                                              76.42   No MI                  100202930606080127              5.5000                      20080701                        13.7000                5.5000
     46060                      147,166.15                                             95.00   No MI                  100202930606080143              5.5000                      20080701                        14.8000                5.5000
     48341                      125,380.77                                             95.00   No MI                  100202930606010033              0.0000                                                       0.0000                0.0000
     32824                      254,857.78                                             75.00   No MI                  100202930605300013              5.5000                      20080701                        14.9000                5.5000
     43231                      107,951.19                                             90.00   No MI                  100202930606140038              5.7500                      20080701                        15.9000                5.7500
     30126                      188,000.00                                             80.00   No MI                  100263700001063044              5.5000                      20080701                        13.8000                5.5000
     30126                      46,989.61                                            100.00    No MI                  100263700010630411              0.0000                                                       0.0000                0.0000
     98391                      229,391.78                                             90.00   No MI                  100153210606019063              5.5000                      20080701                        15.7000                5.5000
     47451                      55,976.26                                            100.00    No MI                  100274130642174728              7.5000                      20080701                        16.2000                7.5000
     2169                       369,000.00                                             89.56   No MI                          0                       5.5000                      20080701                        14.6250                5.5000
     33610                      96,000.00                                              80.00   No MI                  100255500000038496              5.5000                      20080501                        14.5500                5.5000
     33610                      23,979.63                                            100.00    No MI                          0                       0.0000                                                       0.0000                0.0000
     22485                      385,254.17                                             83.80   No MI                  100130000000159104              6.2500                      20080701                        14.2500                6.2500
     33020                      146,400.00                                             80.00   No MI                  100366000000024444              5.5000                      20080401                        14.9900                5.5000
     45231                      154,858.52                                             88.57   No MI                  100022100156291080              5.5000                      20080601                        15.8750                5.5000
     20851                      391,500.00                                             90.00   No MI                  100130000000160458              5.5000                      20080701                        13.3750                5.5000
     85085                      346,354.70                                             90.00   No MI                  100258910060609671              5.5000                      20080701                        16.2500                5.5000
     45230                      120,437.10                                             90.00   No MI                  100330706050127258              6.9500                      20080701                        15.4500                6.9500
     45236                      137,688.93                                             95.00   No MI                  100330706060130599              5.5000                      20080701                        15.9900                5.5000
     74873                      59,353.83                                              95.00   No MI                  100060806060057887              5.5000                      20080701                        17.0000                5.5000
     85306                      294,387.92                                             95.00   No MI                  100273100008284305              5.5000                      20080701                        16.7000                5.5000
     68118                      311,426.21                                             95.00   No MI                  100273100008317469              5.5000                      20080701                        14.9000                5.5000
     52240                      181,719.40                                             90.00   No MI                  100273100008311249              5.5000                      20080701                        15.9900                5.5000
     53121                      213,644.86                                             95.00   No MI                  100273100008310720              5.5000                      20080701                        15.5000                5.5000
     37064                      71,984.44                                            100.00    No MI                  100273100008301265              0.0000                                                       0.0000                0.0000
     45415                      128,192.66                                             92.93   No MI                  100273100008300028              5.5000                      20080701                        15.9500                5.5000
     63122                      191,897.28                                             84.96   No MI                  100273100008298800              5.5000                      20080701                        15.1000                5.5000
     73089                      83,666.01                                              90.00   No MI                  100273100008297679              5.5000                      20080701                        16.4000                5.5000
     17078                      247,839.13                                             95.00   No MI                  100273100008296929              5.5000                      20080701                        15.9500                5.5000
     48223                      64,953.65                                              39.39   No MI                  100273100008284354              5.5000                      20080701                        13.7000                5.5000
     43140                      144,000.00                                             90.00   No MI                  100273100008308880              5.5000                      20080801                        15.4000                5.5000
     53216                      30,793.20                                            100.00    No MI                  100273100008319937              0.0000                                                       0.0000                0.0000
     97222                      119,970.28                                             63.29   No MI                  100273100008317972              0.0000                                                       0.0000                0.0000

   ZIP_CODE                 PER_RATE_CAP               DEAL_INFO               HYBRID_TERM               PREPAY                 LIEN                 BALLOON                AMORT_TERM1              IO_FLAG             IO_PERIOD                   SELLER
   --------                 ------------               ---------               -----------               ------                 ----                 -------                -----------              -------             ---------                   ------
     89032                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30135                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     14207                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89166                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     29910                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     29910                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     48204                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92503                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     85204                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     37803                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                5 YEARS                      EMC
     70815                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33607                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     19713                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92557                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     92557                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     49448                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                       EMC
     27526                     0.0000                   GROUP I                                            No                First Lien                 No                      360                    YES                NON-IO                       EMC
     46747                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     75056                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32962                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     39759                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     77316                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     93622                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                2 YEARS                      EMC
     3878                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     34120                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     93552                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     93552                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     65202                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     74029                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     46036                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46011                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     29732                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     45238                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     45238                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     89031                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89031                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     27104                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     76374                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     92154                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                2 YEARS                      EMC
     91340                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                2 YEARS                      EMC
     98674                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     42413                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     39648                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     8102                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30288                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     19144                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77026                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7111                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     62208                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23002                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     45044                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     29906                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     43608                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49028                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     29115                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                       EMC
     73150                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43078                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98201                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60619                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43110                     0.0000                 GROUP II-1                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30060                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     43138                     1.0000                 GROUP II-2                   5 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     73169                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     43615                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63136                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     16146                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77014                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21218                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77055                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     73109                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     16214                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91945                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     55347                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     43506                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     30019                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     45840                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78957                     0.0000                 GROUP II-2                                           No                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     85016                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95207                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     77028                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     49345                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48219                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     37055                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     75007                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     22306                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     73772                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      240                    YES                NON-IO                 MASTER FUNDING
     16602                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77414                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85033                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98501                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     98203                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     73142                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43140                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64134                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     78596                     0.0000                 GROUP II-1                                           No                Second Lien                No                      180                    YES                NON-IO                 MASTER FUNDING
     17024                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63031                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91331                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30224                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     43081                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     15623                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     8861                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     72764                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48223                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89031                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     45225                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63031                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     37806                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77801                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     40070                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30274                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45238                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     77084                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45002                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     63112                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     98632                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75401                     0.0000                 GROUP II-1                                           No                First Lien                 No                      240                    YES                NON-IO                 MASTER FUNDING
     45205                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30274                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     45205                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85208                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     16133                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63111                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92407                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     29640                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77015                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93638                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     63111                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77520                     0.0000                 GROUP II-2                                           No                First Lien                 No                      120                     NO                NON-IO                 MASTER FUNDING
     43234                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30157                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     63366                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30707                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     73109                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     33016                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46628                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     95682                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98682                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     89074                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93003                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     76273                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     16101                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44060                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     40965                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43611                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46403                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     64109                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     41091                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30180                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33160                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     94572                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     29420                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21060                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     77396                     0.0000                 GROUP II-1                                           No                Second Lien                No                      180                     NO                NON-IO                 MASTER FUNDING
     77063                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     19551                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47359                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21206                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     77081                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     43119                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     42101                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     27803                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     29510                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77521                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     73020                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44705                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19134                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33032                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     27537                     0.0000                 GROUP II-1                                           No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     45036                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     37227                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      180                    YES                NON-IO                       EMC
     45036                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     73018                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60538                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     80917                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     8332                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     15221                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     43612                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33617                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45011                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     23075                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      180                     NO                NON-IO                       EMC
     60459                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     44706                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45030                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     20886                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     15218                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     75703                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     30736                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     73401                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     73401                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     34736                     0.0000                 GROUP II-1                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48219                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60426                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80246                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     15221                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20601                     1.0000                 GROUP II-2                   5 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     32566                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65802                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64138                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     27616                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     40509                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     20781                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     19348                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48214                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     62294                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15235                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     30144                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     29485                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                    YES                NON-IO                 MASTER FUNDING
     30110                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     15143                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60101                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     44087                     1.0000                 GROUP II-1                  10 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                MASTER FUNDING
     77085                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89408                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30297                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11216                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     23063                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     15209                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     63069                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48205                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     75088                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     12603                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20110                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     80233                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     29456                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     20706                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     23324                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     77396                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     75228                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     40211                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46218                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33025                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     64131                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     37013                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85326                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     34472                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     8049                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     32828                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     20646                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     19454                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     19977                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES               10 YEARS                      EMC
     8332                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     8332                      0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     19141                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                       EMC
     34653                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92408                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     11520                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11757                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     11757                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     11691                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     11691                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     11212                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     11212                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     80015                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     7104                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     11706                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11706                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     11694                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11096                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO               10 YEARS                MASTER FUNDING
     11096                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     10466                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93534                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33558                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33558                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     33607                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33607                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     33607                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33542                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33542                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     29464                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     29464                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     30060                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     55070                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     33711                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     34758                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     70809                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     55426                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     89109                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     19365                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     18104                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     33565                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     46184                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     84108                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     91766                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     91766                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     93534                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     95815                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92057                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     8629                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8080                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7920                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7869                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     7740                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19701                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     8638                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7874                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     19460                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37615                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     63025                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18037                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     21229                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7726                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     7726                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20747                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21229                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19464                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     19120                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19036                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     16801                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33013                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33055                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     53807                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33060                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     34953                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33825                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33155                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33147                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33012                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33309                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33155                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33919                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33463                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33313                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33055                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33067                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33168                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33168                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33147                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33014                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33167                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33936                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33313                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32819                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33319                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     33165                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33176                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33023                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33189                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32765                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33174                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33178                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     2302                      1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33165                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33311                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33936                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     32818                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33010                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34472                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     34472                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33023                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33179                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33177                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33462                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33309                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     16602                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33155                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33412                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33136                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33012                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33186                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33407                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33177                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     15367                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33147                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33126                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33032                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33023                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     16150                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33068                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33024                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33025                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33016                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33907                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33178                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34434                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33415                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     15136                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33063                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33317                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33313                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30047                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     28655                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20707                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23231                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33182                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     6114                      0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33025                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34983                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     33162                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33033                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     70805                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     19142                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34945                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     2860                      1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33907                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33162                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33023                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33023                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     23234                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33613                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33174                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     39828                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33313                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33029                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33064                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33127                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33147                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     6108                      1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33460                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48205                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33467                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     27896                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48060                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33165                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33021                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     33319                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19144                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32907                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33147                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33023                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     53224                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     23237                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44706                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33313                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     24013                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23605                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33909                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23703                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34982                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33322                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33463                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     33161                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32207                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33426                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     34134                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     33135                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18032                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33135                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     32824                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33063                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     28215                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19141                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     34946                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33023                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     34946                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     27265                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30238                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48202                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33852                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     47804                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33611                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33556                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48328                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     33617                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     1010                      1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48189                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48189                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     48204                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     28043                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32810                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     49028                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2905                      1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     21221                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     43004                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     38141                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33810                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     48126                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46217                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     48223                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46040                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32714                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     21117                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     20720                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33880                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48188                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48219                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33604                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34691                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     34472                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34677                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44273                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85208                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85007                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     78412                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     20602                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33778                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60622                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     60110                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                    YES                NON-IO                       EMC
     60805                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     61081                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60177                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60609                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60446                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60015                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60506                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60506                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     60803                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60638                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60641                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     60707                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60053                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53204                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60638                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     46041                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60181                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60827                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60104                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60644                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60440                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60629                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60450                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60586                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60624                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60643                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60438                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     60139                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60139                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60194                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60632                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     53215                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60090                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60148                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60104                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60637                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     18372                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     6513                      1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23060                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     24012                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23323                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     8054                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     53216                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32780                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92335                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33612                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     89115                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     95322                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15668                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     92503                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     93012                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7064                      1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63114                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93560                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93550                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91402                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33612                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     91343                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     17552                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     2124                      0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     92316                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91335                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90031                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34953                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15228                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO               10 YEARS                MASTER FUNDING
     34953                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     22657                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     64053                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     64030                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77016                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77093                     0.0000                 GROUP II-2                                           No                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     77044                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     76134                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     63107                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75765                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75765                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     75006                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77069                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77087                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     65616                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63137                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47327                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     77449                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77053                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77521                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     63136                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75069                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76040                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78745                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75069                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63123                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64130                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     62206                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7018                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8562                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8046                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78244                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77033                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77365                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78250                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77039                     0.0000                 GROUP II-2                                           No                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     77530                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18064                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     19124                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95829                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93274                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93274                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93257                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95301                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     23141                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23141                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23224                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     22043                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23666                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     22963                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     21214                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     17057                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     17090                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     90018                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93535                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93535                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98607                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98367                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     97222                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     97206                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     98391                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     34652                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     21061                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     19713                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     21061                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     21146                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     23453                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     22193                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     23703                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     43701                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     45150                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43612                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43611                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43326                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45240                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     80919                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80814                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     81419                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     79416                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77083                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77013                     0.0000                 GROUP II-2                                           No                First Lien                 No                      120                     NO                NON-IO                 MASTER FUNDING
     77083                     0.0000                 GROUP II-2                                           No                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     77591                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     77009                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     77033                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78227                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75077                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     79360                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75067                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75137                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75142                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76712                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75707                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76710                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75013                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76063                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76262                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76567                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93536                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93454                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93309                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     78217                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77478                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     99337                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98445                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98408                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     99037                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98328                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     97702                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98597                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95380                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     98503                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     95307                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     98387                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     98409                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93657                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     93727                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95351                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95209                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95313                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95660                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94803                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     93728                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95838                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     98074                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                    YES                NON-IO                       EMC
     95838                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95350                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     93728                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     94533                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     98408                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     95301                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95351                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93221                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     91790                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95758                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95126                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     93722                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93722                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94546                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95348                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93306                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95624                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95624                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95624                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94928                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95045                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     84015                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95815                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95655                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95670                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95356                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95687                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95351                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95351                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94553                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95127                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95127                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     93635                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95670                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95376                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     94503                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95835                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95835                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94591                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95111                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     93215                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95948                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     83687                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     94533                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95315                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                2 YEARS                MASTER FUNDING
     95315                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94806                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     98042                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     94603                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95363                     1.5000                 GROUP II-1                   5 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     94565                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     94565                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94561                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     94801                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     94801                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95126                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     83442                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95453                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95453                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95334                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93905                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     94806                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     95820                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95205                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98056                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95757                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95757                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95354                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     93702                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93702                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94546                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95351                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93657                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95376                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92344                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     80015                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     92301                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92154                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     80219                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85019                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92019                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92154                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92802                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     92867                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92867                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     90660                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85201                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     91768                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     97006                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93535                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     89143                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92019                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     89134                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92545                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92545                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92337                     0.0000                 GROUP II-1                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     89120                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     89121                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85032                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92592                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90744                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92553                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92057                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     89031                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92583                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92562                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92562                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92404                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85219                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92879                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90706                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     80231                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     81022                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91402                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85296                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     91764                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92555                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93536                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85043                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     91708                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92394                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92404                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85307                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93532                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92395                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89106                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93308                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85029                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     94564                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95351                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     94014                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93223                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85042                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     86401                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85051                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85363                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85363                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85033                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85037                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85706                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     85019                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92071                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92532                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92234                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92071                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92530                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92220                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     98516                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     83686                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80620                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80017                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33175                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53223                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93215                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80906                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     89178                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85257                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92582                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85027                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85009                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89115                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85009                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85031                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     89110                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     89120                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     90061                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60805                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     62650                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                       EMC
     48180                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     61032                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49045                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49410                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     61032                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                       EMC
     60107                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46383                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48203                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46767                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47432                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47111                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46208                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75165                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     79107                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75152                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77708                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     56303                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65605                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64110                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     55118                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     63390                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     65401                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     63118                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     63136                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55303                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60130                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60432                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60473                     0.0000                 GROUP II-2                                           No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60620                     0.0000                 GROUP II-2                                           No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60428                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60446                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     60628                     0.0000                 GROUP II-2                                           No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     61554                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32311                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32312                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32547                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     70615                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     70633                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     71220                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     70815                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     70394                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     70471                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     70374                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     70560                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32818                     1.5000                 GROUP II-1                   5 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     34711                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32773                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32773                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32805                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37083                     0.0000                 GROUP II-1                                           No                Second Lien                No                      180                     NO                NON-IO                       EMC
     30310                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30011                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     30071                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30025                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11233                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     11233                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95993                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33177                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     90008                     0.0000                   GROUP I                                            No                Second Lien                No                      240                     NO                NON-IO                       EMC
     33155                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33155                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     77017                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     72223                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93535                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     19138                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     97501                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     85022                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33912                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     40220                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     48219                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     22485                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23139                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     23139                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     33912                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO               10 YEARS                      EMC
     55379                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85251                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     63118                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     94533                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     93436                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     55443                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     37172                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92505                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92505                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     92591                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     63118                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     90723                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     90723                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95687                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     95687                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     22406                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     89110                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92201                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     98296                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93535                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                2 YEARS                MASTER FUNDING
     85210                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85210                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     97351                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     97351                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     91709                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95624                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     89703                     1.5000                 GROUP II-1                   5 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     91767                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     97527                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     22625                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95354                     0.0000                 GROUP II-1                                          Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     85213                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     89108                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     89108                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     85249                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     91701                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     94585                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                2 YEARS                MASTER FUNDING
     94585                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92231                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93591                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     23960                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85205                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     15108                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85381                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     23323                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     22408                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23059                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     30543                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     45069                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     10303                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30543                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     90002                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     90047                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93550                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     93550                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85027                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO               10 YEARS                      EMC
     7060                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     84098                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     55419                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     7055                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     34653                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33460                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15226                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15144                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33071                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33319                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60617                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60617                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33162                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33179                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33435                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33015                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33161                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15108                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33033                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     16001                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33313                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     15108                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     55040                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33437                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30094                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     15226                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33183                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33624                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33461                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     34113                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     19560                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     62703                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33442                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32824                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33054                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34473                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33176                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     32808                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32808                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33176                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33019                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33415                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33904                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33073                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34982                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     2920                      1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34744                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     28166                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33024                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33168                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20747                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33401                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     30315                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33634                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     33010                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     43219                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33321                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33312                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33312                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     43612                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53206                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34759                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33138                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34761                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33610                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48042                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17104                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34744                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30344                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33129                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33162                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32068                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48213                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33607                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33607                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     48198                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53215                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32907                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33023                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     27891                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     38109                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49721                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     38134                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     1841                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     56441                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48219                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48223                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46035                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48192                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48192                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     46628                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32703                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     48237                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48127                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46952                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47129                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46237                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     1104                      1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     2905                      1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2905                      0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     20754                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     1603                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     28602                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     27524                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2907                      1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     46237                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     34711                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46807                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     38116                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     38127                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     21221                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     2478                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46222                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49306                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33610                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     34984                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     49307                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     38141                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2907                      1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37857                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     38141                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32750                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     48205                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     38135                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     46324                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33993                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20744                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     43612                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     28667                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49506                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49506                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     33905                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     44139                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     21237                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     34652                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33026                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33702                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     34748                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     17097                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32209                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60639                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     60639                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     60639                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     60435                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60629                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     60085                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60131                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60504                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60628                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     60619                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60641                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60707                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60506                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60406                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     60804                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60804                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     61054                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60431                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60459                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60452                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60506                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60805                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60622                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60639                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60053                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60612                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60191                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60425                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60636                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     60073                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60090                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60609                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     60629                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60506                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60448                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60448                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60623                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60623                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60525                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     53140                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     6112                      1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23513                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32168                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45238                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48205                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48336                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48135                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46237                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53143                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     1109                      1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     63301                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32907                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     32901                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     92880                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92675                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     53227                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65631                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23602                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30008                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64429                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77088                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77547                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75061                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64080                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48227                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     64030                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64155                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77073                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75228                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75220                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77084                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77449                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63031                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65721                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75040                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     79735                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63121                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77379                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     76108                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49509                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75228                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     76067                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77064                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     75074                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     75248                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     75180                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     8059                      0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8205                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7461                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77032                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77535                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77373                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78109                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17921                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95205                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93230                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93630                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     22153                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23701                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21643                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20737                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17522                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17551                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     96791                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     19943                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     19966                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21213                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21239                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23701                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23608                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     43056                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44260                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45237                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43110                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45227                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80524                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80239                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     79373                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75701                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     79414                     0.0000                 GROUP II-2                                           No                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     75961                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76131                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75220                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77503                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77072                     0.0000                 GROUP II-1                                           No                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     75454                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76234                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75220                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75062                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75104                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91340                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95116                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93230                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77088                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98626                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     97487                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     95215                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     99114                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95301                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93635                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95695                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     94533                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     99202                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     95901                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     93230                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     93701                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93711                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95815                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     98584                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95948                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     84118                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95023                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85258                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95824                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95687                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95823                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95948                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     84104                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98022                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95660                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95336                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     95376                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98390                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98390                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     92201                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92252                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     80918                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91761                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     80204                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     89115                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     89119                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85031                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92705                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92307                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     90059                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     97918                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     90031                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92057                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92675                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92562                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     93701                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85019                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85031                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92410                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92410                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     92557                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     93532                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     86403                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92395                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     90222                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85220                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92114                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92503                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92057                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     93001                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91343                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     80808                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92571                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92571                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92582                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92083                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     89107                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90220                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85086                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     93551                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     90011                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90814                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90814                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85031                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     93305                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91335                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92545                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90002                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     90002                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85387                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92240                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92335                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     80910                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     90042                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     91911                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     80013                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     89156                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     92629                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     80920                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85017                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80503                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85364                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85364                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85648                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85035                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85345                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     86409                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     87114                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85630                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85022                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     85297                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92399                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92509                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92507                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     83839                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80249                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     80241                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     80204                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80233                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80204                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33189                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33142                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53546                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55927                     0.0000                 GROUP II-1                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     56347                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53511                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55021                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55076                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85035                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93258                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85017                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     85017                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85019                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     95820                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     81001                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85035                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85017                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92394                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92394                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     85019                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85037                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85035                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85035                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85043                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     92345                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85323                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85301                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85301                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     89015                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     89705                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     61068                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60827                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     61115                     0.0000                 GROUP II-2                                           No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     61115                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     48180                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48801                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48213                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48504                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60445                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60644                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46408                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     46254                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49444                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     47331                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47165                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46402                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46201                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     46383                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     79103                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75051                     0.0000                 GROUP II-2                                           No                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     75602                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     76015                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75751                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63077                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63116                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65010                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55008                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     56164                     0.0000                 GROUP II-2                                          Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     60432                     0.0000                 GROUP II-2                                           No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60419                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     61554                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60178                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60655                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60628                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     61109                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60031                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60432                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     32218                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32571                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32547                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32526                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32219                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     32137                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     32244                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32137                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32277                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     70454                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     71254                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     70584                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     70068                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     71037                     1.5000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     71078                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37055                     0.0000                 GROUP II-1                                           No                Second Lien                No                      180                     NO                NON-IO                       EMC
     30655                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     39837                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30044                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     31005                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30736                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     31907                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30655                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     31634                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     30083                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                    YES                NON-IO                       EMC
     31005                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     24401                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33026                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85053                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     19539                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     34232                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     19539                     0.0000                   GROUP I                                            No                Second Lien                No                      240                     NO                NON-IO                       EMC
     89512                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89512                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     21061                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO               10 YEARS                      EMC
     48227                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     22309                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     20110                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     6854                      1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     12209                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     19055                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     34639                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     19956                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33556                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     81144                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32763                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     11238                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     83402                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     74070                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     32327                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     71282                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     37860                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     29420                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     19150                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     19150                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     90242                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93638                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93535                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93552                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     89129                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85365                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     93215                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     94043                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     89081                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95824                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     95350                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     90746                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     90745                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     85015                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92407                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     91710                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     98012                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92405                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     90280                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89128                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     84780                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92394                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     81520                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92675                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92382                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92832                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92653                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     93454                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33411                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23832                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     78217                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     83301                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     55060                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     55060                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     90305                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     95973                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     95973                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30034                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30034                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     30263                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30349                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     30349                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     30213                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30213                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30052                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30052                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30331                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30331                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     30043                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30233                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30252                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30252                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30252                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30252                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30157                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30157                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     85041                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     1590                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     22172                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     32819                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     32757                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     7631                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     46203                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     98338                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     34286                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     89110                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33157                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     72002                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     34714                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30314                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     63031                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     19503                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     77023                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     75035                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     79762                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     63033                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     75034                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     89129                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     76651                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     85239                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     28227                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     44857                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     79703                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     79701                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     32254                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     53076                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     43461                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     23703                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     23831                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     85374                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85051                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     76052                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     80030                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     75080                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     74066                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     49256                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     43567                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     75042                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     72401                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     32808                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85204                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     75019                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     85051                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     85326                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     85353                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     75002                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     32208                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     35750                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     77545                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85345                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     75034                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     77338                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     98391                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     32034                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     86326                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     86322                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     28214                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     85035                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     70737                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     98208                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85035                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     85335                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85009                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85225                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85204                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85201                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     85323                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     75115                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     33218                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     71203                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     32168                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77031                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64130                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     62025                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                       EMC
     85033                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44142                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     80107                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     85007                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     89129                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     63122                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     39503                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     38128                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43452                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98037                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     76210                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48505                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     63135                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92344                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     48224                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43605                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     87120                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     78840                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75126                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     70815                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     63031                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64130                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85031                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89129                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     71603                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44134                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33569                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76651                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     66013                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     73771                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     79705                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80219                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85239                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75228                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     28227                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77095                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63088                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33823                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     79705                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23227                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     75146                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     36264                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     23324                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     66006                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43461                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     38801                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     75114                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76014                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46205                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37127                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21632                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     80120                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76052                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80030                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     75080                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     74066                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     79924                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     80219                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     89148                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30080                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     74361                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     85304                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     78046                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33770                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     75042                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     51503                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32703                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     77433                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76711                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75227                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76401                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     72401                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44718                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     35773                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     63136                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     32808                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75189                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85027                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33311                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     75019                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20748                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     38901                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33594                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85326                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     80022                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     75701                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85353                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     75002                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78577                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30360                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32208                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     35750                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     55449                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75116                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     38016                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     66213                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85019                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     78504                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98271                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     85031                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     77545                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85037                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85345                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75034                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78247                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77338                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75248                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98033                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     98391                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     77494                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     63109                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     86326                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98053                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98118                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     86322                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     28214                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     87571                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     81005                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     80204                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98230                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     85035                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80920                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     70737                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     74017                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98208                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85053                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85017                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     78046                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     23223                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     32207                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     70812                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     98004                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85035                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80921                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     42724                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     20646                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78045                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80234                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98043                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     63130                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     54944                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75227                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     39553                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     60430                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34759                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85335                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85006                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85009                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     85037                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     73069                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85225                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85204                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     37115                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85201                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     76008                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85242                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60103                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     47102                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     70769                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     63133                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32805                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85043                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85301                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     89121                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     85323                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     98252                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98011                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     75115                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     73118                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33324                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85033                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98037                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     23225                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98371                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     64131                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     53143                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     85345                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     78250                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60429                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63136                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77396                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     62401                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     33218                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     67016                     1.5000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     73099                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80904                     1.5000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     80525                     1.5000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85204                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     98032                     1.5000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     70578                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     71203                     1.5000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85308                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES               10 YEARS                      EMC
     48237                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     30165                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     77071                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     89121                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                    YES               10 YEARS                      EMC
     84111                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     32807                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     32807                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     55025                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95376                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     33033                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     33033                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     56353                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     62002                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     8690                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES               10 YEARS                      EMC
     62002                     0.0000                   GROUP I                                            No                Second Lien                No                      360                    YES                NON-IO                       EMC
     89703                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                2 YEARS                      EMC
     92324                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     92324                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                    YES                NON-IO                       EMC
     11798                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     53128                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     63137                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     63137                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     63304                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     55021                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     93505                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     48883                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     93620                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     8055                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33404                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23356                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     23356                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     92277                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33322                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33971                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60104                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48021                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     21217                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     23860                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48854                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     54479                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43920                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33830                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46186                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48886                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33707                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49507                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15537                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     19148                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15445                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48134                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89110                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     34746                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     49841                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95632                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     85209                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89074                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85322                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     86322                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     49442                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89031                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20657                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32935                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     29372                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49733                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     92114                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     85020                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     32218                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     49001                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46237                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     46218                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     46241                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46140                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46974                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85706                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47456                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45011                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85351                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     32084                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46205                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     92584                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92584                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                    YES                NON-IO                       EMC
     76048                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     43228                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93552                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     93552                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33324                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32744                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     90723                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92376                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     63110                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32958                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89104                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     40229                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     40229                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     22204                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93274                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     55304                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     55304                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     2886                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO               10 YEARS                      EMC
     85353                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     2886                      0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     32209                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33125                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     34475                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     73119                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     34711                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     34711                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     97478                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     43334                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     97045                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95670                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33054                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23831                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33054                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     30305                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30224                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30252                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33566                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33071                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33071                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85335                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     8234                      0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO               10 YEARS                      EMC
     64501                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     64501                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     85009                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33570                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33570                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     85338                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     33319                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     33319                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     43147                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     43147                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     75056                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     75056                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     45406                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     97918                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     29681                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     29681                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     97008                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30263                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85250                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33431                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     7750                      0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11096                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     11096                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     6082                      1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     12566                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     12566                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     11207                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     11207                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     34119                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     34119                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     8009                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11416                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11355                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     8054                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8054                      0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     11701                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     11701                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     20602                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11422                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     28546                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11434                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33972                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11221                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     1609                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     1609                      0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     30349                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30349                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     30011                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30011                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     30039                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30213                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     30012                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30012                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     30238                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30238                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     30135                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30135                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     30135                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30135                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     30016                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30016                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30093                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     30296                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30296                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     30067                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     30067                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     30135                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30135                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     30121                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30121                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30093                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     30093                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33417                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30058                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     29554                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     6451                      0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     54812                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33605                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33605                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     32046                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     32046                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                    YES                NON-IO                       EMC
     61032                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                       EMC
     18702                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     65803                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46236                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33541                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     66062                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     18508                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     85021                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     80003                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     30349                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     48219                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     53115                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     30045                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     41543                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     18447                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     45373                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     45373                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     90044                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     65686                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO               10 YEARS                      EMC
     65686                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     63111                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93535                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     85338                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     96002                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95355                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     92530                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     8046                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     33563                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33563                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     80112                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     70634                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92808                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     92335                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     97007                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     99901                     0.0000                   GROUP I                                            No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     99654                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     99654                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85375                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     85705                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     84044                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     84044                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     76522                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76522                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     74501                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     74501                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     74127                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     74501                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     74501                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     64151                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64151                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     35480                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     35480                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     36303                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37615                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     37615                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     72744                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     72744                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     55920                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55920                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     55104                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     55104                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     2920                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     2909                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2818                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     10701                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     10701                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     11207                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11207                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     19125                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     19050                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     18610                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     43952                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     44446                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44446                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     8085                      1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     32073                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33404                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34986                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34986                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33914                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34608                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     27615                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     20020                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     86413                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     86413                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     21136                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                    YES               10 YEARS                      EMC
     21136                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO               10 YEARS                      EMC
     34104                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     43068                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     44052                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     44314                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     98465                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     44055                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     19116                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     45410                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     45410                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     43609                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46835                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     46703                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33896                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30040                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33709                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     95660                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33896                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     92277                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     11420                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11420                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     7017                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7017                      0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     30286                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     22191                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     18301                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     18301                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     98902                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     98902                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     90280                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33030                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     27893                     0.0000                   GROUP I                                            No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     89110                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     93930                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     90255                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     90003                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     55744                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     8270                      0.0000                   GROUP I                                            No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     45064                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89511                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     98802                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     11575                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30062                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30062                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92647                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     89142                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     90221                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92707                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60628                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33406                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33035                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33035                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     89121                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33016                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     35217                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     19132                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33015                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30013                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30013                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     81401                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     92677                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     92677                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     92399                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     22192                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     22192                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     93307                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     64507                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     46237                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     8322                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     85326                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     85326                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     60402                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     36301                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     36301                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     6360                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     40223                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30517                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     30517                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     31763                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     60120                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     76272                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     76272                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     34953                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     76051                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     19145                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     43015                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     47025                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     90057                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92571                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     30135                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     32776                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32703                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85037                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     93536                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     93536                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     32179                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     56353                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33025                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     19702                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     92407                     0.0000                   GROUP I                                           Yes                First Lien                 No                      180                     NO                NON-IO                       EMC
     97080                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     85029                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32209                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     94591                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES               10 YEARS                      EMC
     24091                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92395                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     44120                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     80917                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     2143                      0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     43822                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     43130                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33024                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     19124                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85043                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     53121                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33569                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33569                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     1013                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     1013                      0.0000                   GROUP I                                           Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     75056                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     55356                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33161                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     85007                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30319                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30121                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     30331                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     28262                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     87109                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     95356                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     79606                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33020                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33025                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     20747                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     60655                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     36870                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     49509                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30079                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     80013                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33126                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33126                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30296                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32607                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     32779                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33610                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33610                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     77053                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30030                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33157                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     75149                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75149                     0.0000                   GROUP I                                            No                Second Lien                No                      240                     NO                NON-IO                       EMC
     27981                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32725                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30016                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33617                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     33617                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     30114                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30135                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30135                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     19061                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     38127                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32725                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30188                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30188                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33897                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33897                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30224                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30224                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     23860                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23224                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30019                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     37210                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     37210                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30349                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37207                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33150                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20121                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33050                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     30354                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     36863                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     38127                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     38109                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30071                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     31313                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85051                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85051                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     38122                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     38122                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     32206                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32206                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     38122                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     20018                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     20009                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     35405                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     35405                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     33607                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47714                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33569                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30032                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     31907                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     31907                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     20011                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     35007                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     44485                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33025                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30108                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     65453                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     24014                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     7052                      1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                    YES                3 YEARS                      EMC
     23704                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     24014                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     20735                     0.0000                   GROUP I                                            No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     30017                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     70714                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     30269                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     34473                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     32812                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     44067                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     44067                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     30088                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30683                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30683                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     17315                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     70814                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     70814                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     20020                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     20020                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30331                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     85037                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     46617                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30083                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     30080                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30127                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     77346                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     77346                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     35215                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     30755                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     31721                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     17103                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     23451                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     32137                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     32164                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     21758                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     18901                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     21782                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     55356                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     30518                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30518                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     92509                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     96044                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     34953                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48208                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     44110                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     78363                     1.0000                 GROUP II-1                   5 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     90262                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33179                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48727                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48205                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48204                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     12832                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     90221                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33327                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     50669                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     48228                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33176                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     87144                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48234                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     49017                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     30310                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     11713                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33603                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     48205                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48234                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48235                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48154                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48342                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     94534                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33134                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85255                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     62521                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     96782                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     60649                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     20746                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     98247                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     60707                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     44113                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     98270                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     48316                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     34491                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48348                     1.0000                 GROUP II-1                   5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     11369                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95822                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60411                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63112                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     15358                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     49017                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     34953                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     48154                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     20745                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95823                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     45405                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48209                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     64840                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48091                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     27707                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     98056                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48212                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44103                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48327                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92201                     1.0000                 GROUP II-1                   5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48219                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     89015                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     55792                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60634                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92707                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     44135                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     44843                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17866                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33991                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     60804                     1.0000                   GROUP I                    3 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     21740                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48208                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     93638                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32810                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     98038                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     91913                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     48910                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     87532                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77019                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60107                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     29045                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     12566                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30066                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33179                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     48223                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33056                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                2 YEARS                      EMC
     48616                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48227                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20743                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     18301                     1.0000                 GROUP II-1                   5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     98034                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     94801                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11763                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89148                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33801                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     43701                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65737                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     84062                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     85365                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60623                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85364                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49093                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33322                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11040                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53142                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48091                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     96021                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     6412                      1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60061                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     64138                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     11717                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33068                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92551                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60646                     1.0000                   GROUP I                    3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48458                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     11520                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                    YES                NON-IO                       EMC
     30354                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55912                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     10302                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     24501                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48423                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92703                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     20879                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     80249                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     44111                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60628                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48051                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93215                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93611                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     19114                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     22172                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92345                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48213                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     60177                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8882                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     44105                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48235                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91342                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95356                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                2 YEARS                      EMC
     10705                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48205                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17552                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92201                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92105                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48228                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48188                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     91748                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     7206                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     80504                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     32068                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33147                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     22407                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33467                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     23608                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     1453                      0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60435                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48219                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8045                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     33615                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32505                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48219                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33193                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20601                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     85042                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     39212                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95838                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     37412                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48910                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     44121                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33971                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     15688                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7055                      1.0000                   GROUP I                    5 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     91745                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60620                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49014                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60442                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     49868                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     48044                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     20748                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60609                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20747                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92404                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53223                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21216                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60652                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     21046                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21113                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     20706                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     23235                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     61109                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60624                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49534                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33035                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34654                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     6076                      0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     87114                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23060                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     30260                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     21136                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     81212                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     22579                     1.0000                 GROUP II-1                   5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     89128                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30084                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85388                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93312                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     6010                      1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     91741                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     44112                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48234                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48227                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18055                     1.0000                 GROUP II-1                   5 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33584                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34223                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48239                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75217                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     88101                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                       EMC
     48126                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     34983                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95601                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95815                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48085                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     97236                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     10567                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48235                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     77088                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30030                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     48224                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60409                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     87124                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92404                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     7728                      1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93662                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     90606                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92308                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20744                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95326                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11554                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     95823                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     95932                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     37330                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     90240                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     43119                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33125                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     11714                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48872                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48141                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     49230                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     21009                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33167                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92832                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     11727                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     32807                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33525                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2905                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     53209                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     60505                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     77075                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21213                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20785                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     70058                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     11003                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48203                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     6468                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     29414                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     60646                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     82935                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     64056                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33566                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49331                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     91745                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48125                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92530                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48446                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     20155                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     21713                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     92324                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60419                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48197                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75092                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18704                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48215                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48209                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48206                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     60639                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     44035                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60651                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11207                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     6705                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48838                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48229                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     49519                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     16441                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     50315                     1.0000                   GROUP I                    5 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33619                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48083                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     20748                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21702                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     93277                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48212                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     24521                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     39180                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     47523                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46516                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89113                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48076                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48224                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85374                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48146                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89139                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     20695                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     20164                     1.0000                 GROUP II-2                   5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     93705                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44102                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     21009                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     44133                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     55113                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93535                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92807                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     96142                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     33511                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49505                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48228                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     2360                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     20602                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48225                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49601                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     92555                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     43614                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     18328                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32966                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     23323                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     90001                     1.0000                 GROUP II-2                   5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48221                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     2863                      1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     11743                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     11206                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     2151                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     96707                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     20708                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     34286                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     87120                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60619                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     29150                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48224                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11751                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     6483                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20602                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     29649                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48228                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85242                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60629                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     61336                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80915                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     20772                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     49017                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     21613                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32907                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48223                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     21830                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33713                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48382                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     21742                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     92394                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     7111                      1.0000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60651                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60013                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     81623                     1.0000                 GROUP II-1                   5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48223                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48089                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60004                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     65616                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33168                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     90603                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48213                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     72118                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48708                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48895                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85629                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48060                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7461                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     76109                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     32750                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48609                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92503                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33463                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48044                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89110                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     10950                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34638                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     55720                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49201                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32750                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     45240                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     96002                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     93535                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     89031                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     96727                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33321                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33410                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33415                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     48342                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77476                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60652                     1.0000                   GROUP I                    5 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92563                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60440                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11706                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60632                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     34715                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     49230                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49098                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33033                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43145                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85257                     1.0000                 GROUP II-1                   5 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     33328                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48204                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60477                     1.0000                   GROUP I                    3 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     60612                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19146                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20770                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     92504                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     90660                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60056                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48602                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     92407                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60516                     1.0000                   GROUP I                    3 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     49221                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     20743                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60411                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43204                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95971                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     8527                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85363                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     21771                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20772                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33015                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48239                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60544                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48765                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33068                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34983                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     11727                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     92551                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60616                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     81504                     1.0000                   GROUP I                    5 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     32952                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60140                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48224                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60625                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18328                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30062                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     96732                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     33147                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48174                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     48205                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33313                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11420                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     90280                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     48195                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     90002                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     32060                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     10541                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33024                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     90022                     1.0000                 GROUP II-2                   5 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     91745                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     60559                     1.0000                   GROUP I                    3 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     33029                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33021                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     15201                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     44128                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48116                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     34116                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48201                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     37343                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33313                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48910                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60617                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     19040                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     20720                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33196                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     43560                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92562                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     97502                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     12308                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     73111                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     73120                     0.0000                   GROUP I                                           Yes                First Lien                 No                      180                     NO                NON-IO                       EMC
     73507                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     36303                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     36303                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     48504                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     33853                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85326                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     92223                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     48223                     1.0000                   GROUP I                    3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     85635                     0.0000                   GROUP I                                            No                First Lien                 No                      360                     NO                NON-IO                       EMC
     19403                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     63023                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     97203                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     97140                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     97140                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     98274                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     98274                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     97008                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     97008                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     97754                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                5 YEARS                      EMC
     48227                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     48006                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48210                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     48220                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48180                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48422                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49546                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     48210                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     48006                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     49546                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     49509                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49224                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48150                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     48455                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48237                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48076                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48359                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48346                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48359                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     48076                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     48239                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     49249                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60626                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     31324                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     39352                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     34606                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     75704                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     44805                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     77449                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     59901                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     52806                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     11741                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     16342                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     17404                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     31757                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17320                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     33321                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     60626                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     7112                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     67502                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     31641                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     13492                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7860                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     39574                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     2332                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     19709                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     5478                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     33435                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     48179                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33809                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     11422                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     42301                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     31904                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     24017                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19145                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     48154                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     31075                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     30047                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                5 YEARS                      EMC
     1752                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     19963                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     91606                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33440                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30114                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     10940                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     27863                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48044                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     47025                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     40118                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30016                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     10303                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     1108                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     72532                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     14580                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18328                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     67154                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33470                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     72756                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     87323                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                5 YEARS                      EMC
     21211                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     28803                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2382                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48082                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33543                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     6606                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     8065                      1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     87121                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     37049                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     21666                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     10465                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     83706                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     48195                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     49004                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48240                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33415                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     49201                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     49855                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48317                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     83651                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     30234                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     85706                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     17403                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     85745                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     51534                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     48235                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                Yes                      480                    YES                NON-IO                 MASTER FUNDING
     49249                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     33321                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     60626                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     7112                      0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     16342                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     44087                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     42301                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     48154                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     47025                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     1108                      0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     67154                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     87323                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     83651                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     49201                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     48317                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     48195                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     6606                      0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     83706                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     48072                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     48230                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65560                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65802                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     38104                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     33947                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32082                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     87059                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34759                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     48072                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     65560                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     22302                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30294                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89108                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     81132                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     23602                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     93313                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     80534                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     6040                      1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     19136                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                5 YEARS                MASTER FUNDING
     48316                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48837                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48231                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48842                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48075                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     48225                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     48227                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49229                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48334                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48036                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     37115                     1.5000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                      EMC
     48035                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48220                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     49464                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48021                     1.5000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48316                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     48075                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     48225                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     48021                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                 MASTER FUNDING
     8034                      1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     10462                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30315                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     21214                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     8724                      0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33603                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     22079                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     7865                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     31410                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                       EMC
     11743                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     11743                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     33323                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     19462                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     30135                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     19038                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8322                      0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     21225                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     1607                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30274                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34761                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     2886                      0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     19355                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33021                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23320                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     23320                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     33066                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     10466                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     8724                      0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     19038                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      360                     NO                NON-IO                       EMC
     33029                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30135                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     6511                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     10466                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     17109                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32811                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30274                     0.0000                 GROUP II-1                                           No                Second Lien                No                      360                     NO                NON-IO                 MASTER FUNDING
     18324                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     5356                      1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     48221                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85301                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     85741                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     6234                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     97206                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95501                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     80917                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     85388                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     19803                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     30315                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     50501                     0.0000                   GROUP I                                            No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     6610                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     6610                      0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     34613                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     34613                     0.0000                   GROUP I                                            No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     76179                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     78729                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     11422                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                     NO                NON-IO                       EMC
     70363                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     3103                      0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     89512                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     55417                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     80524                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     30354                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                       EMC
     34288                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30501                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     33617                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     47715                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92551                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33763                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                MASTER FUNDING
     33763                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     30297                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34473                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     47842                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     32703                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                     NO                NON-IO                 MASTER FUNDING
     30534                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46310                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     12192                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     6024                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     6804                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45373                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                MASTER FUNDING
     6018                      1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     13440                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     7206                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     6256                      0.0000                 GROUP II-1                                          Yes                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     7524                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     18466                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     45373                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     6484                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     6379                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2907                      1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34202                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     46349                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                 MASTER FUNDING
     6716                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     7107                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     45449                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     45118                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85254                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     2891                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33417                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO               10 YEARS                      EMC
     33713                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     37388                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                MASTER FUNDING
     37388                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     27610                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     27610                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33460                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33610                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32308                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33617                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33467                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO               10 YEARS                      EMC
     60643                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     46349                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8733                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     8757                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     12801                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32209                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     33777                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30019                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     30188                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     92220                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     92530                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85373                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     19320                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                MASTER FUNDING
     40118                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     93647                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     40118                     0.0000                   GROUP I                                            No                Second Lien                No                      360                     NO                NON-IO                       EMC
     53143                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     43219                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     18104                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     95838                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                    YES                NON-IO                       EMC
     21224                     1.5000                   GROUP I                    2 YR                    No                First Lien                 No                      360                     NO                NON-IO                       EMC
     84119                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     98205                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                     NO               10 YEARS                      EMC
     30233                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     77662                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     37363                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     66048                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      240                     NO                NON-IO                       EMC
     24266                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     33025                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     76002                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     76063                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     93313                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     89502                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     47933                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     47933                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     44135                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     63122                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     23607                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      240                     NO                NON-IO                       EMC
     92256                     0.0000                 GROUP II-1                                          Yes                Second Lien                No                      240                    YES                NON-IO                 MASTER FUNDING
     75424                     0.0000                 GROUP II-2                                           No                First Lien                 No                      180                     NO                NON-IO                 MASTER FUNDING
     19143                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      240                    YES                NON-IO                 MASTER FUNDING
     85016                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     98270                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     37912                     0.0000                 GROUP II-1                                           No                Second Lien                No                      180                    YES                NON-IO                 MASTER FUNDING
     30004                     0.0000                 GROUP II-1                                           No                First Lien                 No                      180                    YES                NON-IO                       EMC
     33916                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     32578                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     85218                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     34761                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     28146                     0.0000                 GROUP II-2                                           No                First Lien                 No                      240                    YES                NON-IO                 MASTER FUNDING
     2905                      0.0000                 GROUP II-2                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     77657                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     18052                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60443                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     20155                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                5 YEARS                      EMC
     24558                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     17320                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     60513                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     75013                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                    YES                NON-IO                 MASTER FUNDING
     34731                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     23234                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     23502                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     46227                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33322                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     23220                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33843                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49220                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     94565                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     60440                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     78619                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49660                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     30315                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     33510                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     65020                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46060                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     43332                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      240                     NO                NON-IO                 MASTER FUNDING
     85938                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     34120                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32244                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                    YES                NON-IO                       EMC
     46226                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     63857                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32514                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     40026                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                       EMC
     89129                     0.0000                 GROUP II-1                                           No                Second Lien                No                      240                     NO                NON-IO                       EMC
     34787                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     32817                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                    YES                NON-IO                       EMC
     48185                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                     NO                NON-IO                       EMC
     17109                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     49315                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     48030                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                    YES                NON-IO                 MASTER FUNDING
     66502                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                    YES                NON-IO                       EMC
     89431                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     60534                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     15767                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     22968                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     87575                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                     NO                NON-IO                 MASTER FUNDING
     46064                     0.0000                 GROUP II-1                                           No                First Lien                 No                      180                    YES                NON-IO                 MASTER FUNDING
     33023                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33611                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     46107                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     19601                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     67147                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     61616                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     46062                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     46721                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33761                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     32244                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     28139                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     78258                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     18346                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     30655                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     34769                     0.0000                 GROUP II-1                                           No                First Lien                 No                      180                                       NON-IO                 MASTER FUNDING
     23601                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     50316                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                                       NON-IO                       EMC
     34668                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33702                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     60115                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     48116                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     89115                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49461                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33169                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     60612                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     32117                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     32206                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                       EMC
     64050                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                       EMC
     53209                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     1602                      0.0000                 GROUP II-1                                           No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     48219                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     37075                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      240                                       NON-IO                 MASTER FUNDING
     38017                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     46229                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     60532                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     38017                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     19026                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33881                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      240                                       NON-IO                 MASTER FUNDING
     88005                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     48240                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     60450                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49660                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     75010                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     33880                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                      10 YEARS                MASTER FUNDING
     6109                      1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49461                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     75009                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     89506                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     84078                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     23462                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     38115                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33712                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     37013                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     37013                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     22191                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     46201                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     84109                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     76063                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     34482                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     45891                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     47804                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     2860                      1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     28269                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     46563                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     40509                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     63138                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     47630                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     44657                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     32808                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     32808                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                       EMC
     67217                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     46236                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     32926                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     32233                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     47130                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33614                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     64118                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     15210                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     19103                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     98168                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     97301                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     49509                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     33615                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     17403                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     1247                      0.0000                 GROUP II-2                                           No                First Lien                 No                      360                                       NON-IO                       EMC
     46750                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49057                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     89115                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     17112                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     46217                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     29621                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                                       NON-IO                       EMC
     19023                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     24421                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     30179                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                      EMC
     32548                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     92570                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     89030                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     60010                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                      EMC
     48064                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     85032                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     46220                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     23605                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     95831                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49078                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     19026                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     49690                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     46970                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     85621                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     60513                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     92602                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     47403                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
      AZ                       1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     48504                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                       EMC
     67213                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     32218                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33026                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     49091                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     45238                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     34481                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     19149                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     37920                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     32177                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                       EMC
     28805                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     45231                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     18505                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     29680                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     37129                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49004                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     48442                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49022                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     46617                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     94565                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     84084                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     1109                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     85027                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     60624                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                                       NON-IO                       EMC
     49417                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     48504                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     85302                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     46123                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     48101                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     32725                     0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     89506                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     50561                     0.0000                 GROUP II-1                                           No                First Lien                 No                      360                                       NON-IO                       EMC
     60452                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     48180                     1.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     53511                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     61065                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     48912                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     80219                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     6108                      0.0000                 GROUP II-2                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     85339                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     67216                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     49015                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                       EMC
     80216                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     48035                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     41015                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     31805                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     61412                     1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     95348                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     3442                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     55014                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33936                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     33319                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     33319                     0.0000                   GROUP I                                           Yes                Second Lien                No                      180                                       NON-IO                       EMC
     30127                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     30291                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     30127                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     30067                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     36110                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     30011                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     55412                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     22192                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     55122                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     23503                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     19428                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     22191                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     89108                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     20707                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     89108                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     92308                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33065                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       2 YEARS                      EMC
     92504                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     84067                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     19960                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     98335                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     90250                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     77379                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     48118                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     43204                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     43537                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     44312                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     43228                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33023                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     45879                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     32818                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     33014                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     17038                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     38134                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     70506                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     77070                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     17113                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     91354                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     11236                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     10469                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                      EMC
     60626                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     27406                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     22936                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     46408                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     63771                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     63366                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                      EMC
     36116                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     28747                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     45381                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     29118                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                                       NON-IO                       EMC
     17402                     1.0000                 GROUP II-2                   3 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     83704                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     2909                      1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     33919                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33919                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     46350                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     74017                     0.0000                 GROUP II-2                                           No                First Lien                 No                      360                                       NON-IO                       EMC
     21230                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                      EMC
     90032                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     46350                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     54901                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     92335                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     18466                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     98277                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     48043                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     48023                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     28269                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                                       5 YEARS                      EMC
     8009                      1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     1376                      1.0000                 GROUP II-2                   3 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     45714                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     33907                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     48314                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     30127                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     78223                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     78223                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     45840                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     19541                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     65802                     1.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     32305                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     32305                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     55057                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     28025                     1.0000                 GROUP II-1                   3 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     65714                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     60490                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     60557                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     85242                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     49286                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     65714                     1.0000                 GROUP II-1                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                      EMC
     28215                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     49330                     1.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                MASTER FUNDING
     63114                     1.0000                 GROUP II-2                   2 YR                    No                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     28215                     0.0000                 GROUP II-1                                           No                Second Lien               Yes                      360                                       NON-IO                       EMC
     93277                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     92377                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                      10 YEARS                      EMC
     97462                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     23223                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     20784                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                                       NON-IO                       EMC
     21202                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     20772                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     22192                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     22031                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     21225                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     23832                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     85335                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     55744                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     91405                     2.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     91405                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     93703                     2.0000                 GROUP II-2                   2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                 MASTER FUNDING
     90605                     0.0000                 GROUP II-1                                          Yes                First Lien                Yes                      480                                       NON-IO                 MASTER FUNDING
     89086                     2.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                 MASTER FUNDING
     93720                     2.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     92801                     2.0000                 GROUP II-1                   3 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     92880                     2.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                 MASTER FUNDING
     92880                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     93657                     2.0000                 GROUP II-1                   2 YR                   Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     93657                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     90601                     0.0000                 GROUP II-1                                          Yes                First Lien                Yes                      480                                       NON-IO                 MASTER FUNDING
     92240                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                       EMC
     92203                     2.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                 MASTER FUNDING
     92203                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     91042                     0.0000                 GROUP II-1                                          Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     91401                     2.0000                 GROUP II-1                   2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                 MASTER FUNDING
     91401                     0.0000                 GROUP II-1                                          Yes                Second Lien               Yes                      360                                       NON-IO                 MASTER FUNDING
     92833                     2.0000                 GROUP II-2                   2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                MASTER FUNDING
     99206                     0.0000                   GROUP I                                           Yes                Second Lien                No                      240                                       NON-IO                       EMC
     92879                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                 MASTER FUNDING
     33462                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     23223                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     53220                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     92411                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     46031                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     89120                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     46224                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     95973                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     31904                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     56007                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33185                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     36535                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33313                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     40219                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     30507                     1.0000                   GROUP I                    2 YR                    No                First Lien                Yes                      480                                       NON-IO                       EMC
     3865                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     44221                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     66102                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     47970                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     53218                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     63109                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     45140                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33755                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     44109                     0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     66223                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     64130                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     46241                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     19001                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     77480                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     14701                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     76651                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     85607                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     93725                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     92509                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     36567                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     6705                      1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     32809                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     33880                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     85301                     1.0000                   GROUP I                    3 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     85301                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                                       NON-IO                       EMC
     19023                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     19141                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     42724                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     63135                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     85027                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     75115                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     49203                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     29405                     1.5000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     32805                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     3588                      0.0000                   GROUP I                                           Yes                First Lien                 No                      360                                       NON-IO                       EMC
     32805                     0.0000                   GROUP I                                            No                Second Lien                No                      360                                       NON-IO                       EMC
     63138                     1.5000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     29445                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     19121                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     38106                     1.5000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     18045                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33901                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33901                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                                       NON-IO                       EMC
     31405                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     48124                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     85338                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     43147                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     46219                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     46060                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     48341                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                                       NON-IO                       EMC
     32824                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     43231                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     30126                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     30126                     0.0000                   GROUP I                                            No                Second Lien                No                      360                                       NON-IO                       EMC
     98391                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     47451                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     2169                      1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                      10 YEARS                      EMC
     33610                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     33610                     0.0000                   GROUP I                                           Yes                Second Lien               Yes                      360                                       NON-IO                       EMC
     22485                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     33020                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       5 YEARS                      EMC
     45231                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     20851                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                      10 YEARS                      EMC
     85085                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     45230                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     45236                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     74873                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     85306                     1.0000                   GROUP I                    2 YR                    No                First Lien                 No                      360                                       NON-IO                       EMC
     68118                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     52240                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     53121                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     37064                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                                       NON-IO                       EMC
     45415                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     63122                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     73089                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     17078                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     48223                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     43140                     1.0000                   GROUP I                    2 YR                   Yes                First Lien                 No                      360                                       NON-IO                       EMC
     53216                     0.0000                   GROUP I                                           Yes                Second Lien                No                      360                                       NON-IO                       EMC
     97222                     0.0000                   GROUP I                                           Yes                First Lien                Yes                      480                                       NON-IO                       EMC

      

      
      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      EXHIBIT
        C

       

      FORM
        OF
        TRANSFER AFFIDAVIT

       

      Affidavit
        pursuant to Section 860E(e)(4) of the Internal Revenue Code of 1986, as amended,
        and for other purposes

       

      
        	
                STATE
                  OF

              	
                )

              	 
	 	
                )

              	
                ss.:

              
	
                COUNTY
                  OF

              	
                )

              	 

      

       

      [NAME
        OF
        OFFICER], being first duly sworn, deposes and says:

       

      1. That
        he/she is [Title of Officer] of [Name of Investor] (the “Investor”), a [savings
        institution] [corporation] duly organized and existing under the laws of
        [the
        State of _____] [the United States], on behalf of which he makes this
        affidavit.

       

      2. That
        (i)
        the Investor is not a “disqualified organization” as defined in Section
        860E(e)(5) of the Internal Revenue Code of 1986, as amended (the “Code”), or an
        electing large partnership as defined in Section 775(a) of the Code, and
        will
        not be a disqualified organization or an electing large partnership as of
        [Closing Date] [date of purchase]; (ii) it is not acquiring the Bear Stearns
        Asset Backed Securities I LLC Asset-Backed Certificates, Series 2006-HE7,
        Class
        [I-R-1][I-R-2][I-R-3][I-RX][II-R-1][II-RX] Certificates (the “Residual
        Certificates”) for the account of a disqualified organization or an electing
        large partnership; (iii) it consents to any amendment of the Pooling and
        Servicing Agreement that shall be deemed necessary by Bear Stearns Asset
        Backed
        Securities I LLC (upon advice of counsel) to constitute a reasonable arrangement
        to ensure that the Residual Certificates will not be owned directly or
        indirectly by a disqualified organization or an electing large partnership;
        and
        (iv) it will not transfer such Residual Certificates unless (a) it has received
        from the transferee an affidavit in substantially the same form as this
        affidavit containing these same seven representations and (b) as of the time
        of
        the transfer, it does not have actual knowledge that such affidavit is
        false.

       

      3. That
        the
        Investor is one of the following: (i) a citizen or resident of the United
        States, (ii) a corporation or partnership (including an entity treated as
        a
        corporation or partnership for federal income tax purposes) created or organized
        in, or under the laws of, the United States or any state thereof or the District
        of Columbia (except, in the case of a partnership, to the extent provided
        in
        regulations), provided that no partnership or other entity treated as a
        partnership for United States federal income tax purposes shall be treated
        as a
        United States person within the meaning of the Code unless all persons that
        own
        an interest in such partnership either directly or through any entity that
        is
        not a corporation for United States federal income tax purposes are United
        States persons, (iii) an estate whose income is subject to United States
        federal
        income tax regardless of its source, or (iv) a trust other than a “foreign
        trust” as defined in Section 7701 (a)(31) of the Code.

       

      4. That
        the
        Investor’s taxpayer identification number is
        ______________________.

       

      5. That
        no
        purpose of the acquisition of the Residual Certificates is to avoid or impede
        the assessment or collection of tax.

       

      6. That
        the
        Investor understands that, as the holder of the Residual Certificates, the
        Investor may incur tax liabilities in excess of any cash flows generated
        by such
        Residual Certificates.

       

      7. That
        the
        Investor intends to pay taxes associated with holding the Residual Certificates
        as they become due.

       

      IN
        WITNESS WHEREOF, the Investor has caused this instrument to be executed on
        its
        behalf, pursuant to authority of its Board of Directors, by its [Title of
        Officer] this ____ day of _________, 20__.

       

      
        	 	 	 	 	 	 	
                [NAME
                  OF INVESTOR]

              
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	
                Name:

              	
                [Name
                  of Officer]

              
	 	 	 	 	 	 	
                Title:

              	
                [Title
                  of Officer]

              
	 	 	 	 	 	 	 	
                [Address
                  of Investor for receipt of distributions]

              
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                Address
                  of Investor for receipt of tax
                  information:

              

      

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      Personally
        appeared before me the above-named [Name of Officer], known or proved to
        me to
        be the same person who executed the foregoing instrument and to be the [Title
        of
        Officer] of the Investor, and acknowledged to me that he/she executed the
        same
        as his/her free act and deed and the free act and deed of the
        Investor.

       

      Subscribed
        and sworn before me this ___ day of _________, 20___.

       

      NOTARY
        PUBLIC

       

      COUNTY
        OF

       

      STATE
        OF

       

      My
        commission expires the ___ day of ___________________, 20___.

       

      

      

      EXHIBIT
        D

       

      FORM
        OF
        TRANSFEROR CERTIFICATE

       

      ______________,
        200___

       

      Bear
        Stearns Asset Backed Securities I LLC

      383
        Madison Avenue

      New
        York,
        New York 10179

       

      LaSalle
        Bank National Association

      135
        South
        LaSalle Street, Suite 1625

      Chicago,
        Illinois 60603

       

      Attention:
        Bear Stearns Asset Backed Securities Trust 2006-HE7

       

      
        	
                Re:

                 

              	
                Bear
                  Stearns Asset Backed Securities I Trust 2006-HE7, Asset-Backed
                  Certificates, Series 2006-HE7 (the “Certificates”), including the Class
                  ___

                Certificates
                  (the “Privately Offered
                  Certificates”)

              

      

       

      Ladies
        and Gentlemen:

       

      In
        connection with the sale by ___________ (the “Seller”) to ________ (the
“Purchaser”) of $_________ Initial Certificate Principal Balance of Asset-Backed
        Certificates, Series 2006-HE7, Class _____ (the “Certificates”), issued pursuant
        to the Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”),
        dated as of August 1, 2006, among Bear Stearns Asset Backed Securities I
        LLC, as
        depositor (the “Depositor”), EMC Mortgage Corporation, as seller and as master
        servicer, and LaSalle Bank National Association, as trustee (the “Trustee”). The
        Seller hereby certifies, represents and warrants to, a covenants with, the
        Depositor and the Trustee that:

       

      Neither
        the Seller nor anyone acting on its behalf (a) has offered, pledged, sold,
        disposed of or otherwise transferred any Certificate, any interest in any
        Certificate or any other similar security to any person in any manner, (b)
        has
        solicited any offer to buy or to accept a pledge, disposition or other transfer
        of any Certificate, any interest in any Certificate or any other similar
        security from any person in any manner, (c) has otherwise approached or
        negotiated with respect to any Certificate, any interest in any Certificate
        or
        any other similar security with any person in any manner, (d) has made any
        general solicitation by means of general advertising or in any other manner,
        or
        (e) has taken any other action, that (as to any of (a) through (e) above)
        would
        constitute a distribution of the Certificates under the Securities Act of
        1933
        (the “Act”), that would render the disposition of any Certificate a violation of
        Section 5 of the Act or any state securities law, or that would require
        registration or qualification pursuant thereto. The Seller will not act in
        any
        manner set forth in the foregoing sentence with respect to any Certificate.
        The
        Seller has not and will not sell or otherwise transfer any of the Certificates,
        except in compliance with the provisions of the Pooling and Servicing
        Agreement.

       

      
        	 	 	 	 	 	 	 	
                Very
                  truly yours,

              
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                 

              
	 	 	 	 	 	 	 	
                (Seller)

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	
                Name:

              	 
	 	 	 	 	 	 	 	
                Title:

              	 

      

      

      

      

      

      EXHIBIT
        E

       

      FORM
        OF
        INVESTMENT LETTER (NON RULE 144A)

       

      [Date]

      [SELLER]

       

      Bear
        Stearns Asset Backed Securities I LLC

      383
        Madison Avenue

      New
        York,
        New York 10179

       

      LaSalle
        Bank National Association

      135
        South
        LaSalle Street, Suite 1625

      Chicago,
        Illinois 60603

       

      
        	
                Re:

                 

              	
                Bear
                  Stearns Asset Backed Securities I Trust 2006-HE7, Asset-Backed
                  Certificates, Series 2006-HE7 (the “Certificates”), including the Class
                  ___

                Certificates
                  (the “Privately Offered
                  Certificates”)

              

      

       

      Dear
        Ladies and Gentlemen:

       

      In
        connection with our purchase of Privately Offered Certificates, we confirm
        that:

       

      
        	
                (i)

                 

              	
                we
                  understand that the Privately Offered Certificates are not being
                  registered under the Securities Act of 1933, as amended (the “Act”) or any
                  applicable state securities or “Blue Sky” laws, and are being sold to us
                  in a transaction that is exempt from the registration requirements
                  of such
                  laws;

                 

              
	
                (ii)

                 

              	
                any
                  information we desired concerning the Certificates, including the
                  Privately Offered Certificates, the trust in which the Certificates
                  represent the entire beneficial ownership interest (the “Trust”) or any
                  other matter we deemed relevant to our decision to purchase Privately
                  Offered Certificates has been made available to us;

                 

              
	
                (iii)

                 

              	
                we
                  are able to bear the economic risk of investment in Privately Offered
                  Certificates; we are an institutional “accredited investor” as defined in
                  Section 501(a) of Regulation D promulgated under the Act and a
                  sophisticated institutional investor;

                 

              
	
                (iv)

                 

              	
                we
                  are acquiring Privately Offered Certificates for our own account,
                  not as
                  nominee for any other person, and not with a present view to any
                  distribution or other disposition of the Privately Offered
                  Certificates;

                 

              
	
                (v)

                 

              	
                we
                  agree the Privately Offered Certificates must be held indefinitely
                  by us
                  (and may not be sold, pledged, hypothecated or in any way disposed
                  of)
                  unless subsequently registered under the Act and any applicable
                  state
                  securities or “Blue Sky” laws or an exemption from the registration
                  requirements of the Act and any applicable state securities or
“Blue Sky”
                  laws is available;

                 

              
	
                (vi)

                 

              	
                we
                  agree that in the event that at some future time we wish to dispose
                  of or
                  exchange any of the Privately Offered Certificates (such disposition
                  or
                  exchange not being currently foreseen or contemplated), we will
                  not
                  transfer or exchange any of the Privately Offered Certificates
                  unless:

                 

              
	 	
                (A)
                  (1) the sale is to an Eligible Purchaser (as defined below), (2)
                  if
                  required by the Pooling and Servicing Agreement (as defined below)
                  a
                  letter to substantially the same effect as either this letter or,
                  if the
                  Eligible Purchaser is a Qualified Institutional Buyer as defined
                  under
                  Rule 144A of the Act, the Rule 144A and Related Matters Certificate
                  in the
                  form attached to the Pooling and Servicing Agreement (as defined
                  below)
                  (or such other documentation as may be acceptable to the Trustee)
                  is
                  executed promptly by the purchaser and delivered to the addressees
                  hereof
                  and (3) all offers or solicitations in connection with the sale,
                  whether
                  directly or through any agent acting on our behalf, are limited
                  only to
                  Eligible Purchasers and are not made by means of any form of general
                  solicitation or general advertising whatsoever; and

                 

              
	 	
                (B)
                  if the Privately Offered Certificate is not registered under the
                  Act (as
                  to which we acknowledge you have no obligation), the Privately
                  Offered
                  Certificate is sold in a transaction that does not require registration
                  under the Act and any applicable state securities or “blue sky” laws and,
                  if LaSalle Bank National Association (the “Trustee”) so requests, a
                  satisfactory Opinion of Counsel is furnished to such effect, which
                  Opinion
                  of Counsel shall be an expense of the transferor or the
                  transferee;

                 

              
	
                (vii)

                 

              	
                we
                  agree to be bound by all of the terms (including those relating
                  to
                  restrictions on transfer) of the Pooling and Servicing, pursuant
                  to which
                  the Trust was formed; we have reviewed carefully and understand
                  the terms
                  of the Pooling and Servicing Agreement;

                 

              
	
                (viii)

                 

              	
                we
                  either: (i) are not acquiring the Privately Offered Certificate
                  directly
                  or indirectly by, or on behalf of, an employee benefit plan or
                  other
                  retirement arrangement which is subject to Title I of the Employee
                  Retirement Income Security Act of 1974, as amended, and/or section
                  4975 of
                  the Internal Revenue Code of 1986, as amended, or (ii) in the case
                  of the
                  Privately Offered Certificates, have provided the Opinion of Counsel
                  required by the Agreement, or (iii) in the case of the Class I-M-10,
                  Class
                  I-M-11, Class II-M-10 and Class II-M-11 Certificates, the transfer
                  (1)
                  will not result in a prohibited transaction which is not covered
                  under an
                  individual or class prohibited transaction exemption, including,
                  but not
                  limited to, Prohibited Transaction Class Exemption (“PTCE”) 84-14, PTCE
                  91-38, PTCE 90-1, PTCE 95-60 or PTCE 96-23 and (2) will not give
                  rise to
                  any additional obligations on the part of the Depositor, the Master
                  Servicer or the Trustee. 

                 

              
	
                (ix)

                 

              	
                We
                  understand that each of the Privately Offered Certificates bears,
                  and will
                  continue to bear, a legend to substantiate the following effect:
                  THIS
                  CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
                  ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE
                  SECURITIES LAWS. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE,
                  AGREES
                  THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE
                  TRANSFERRED ONLY IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER
                  APPLICABLE LAWS AND ONLY (1) PURSUANT TO RULE 144A UNDER THE SECURITIES
                  ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A
                  QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A (A
“QIB”),
                  PURCHASING FOR ITS OWN ACCOUNT OR A QIB PURCHASING FOR THE ACCOUNT
                  OF A
                  QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE, THAT THE REOFFER,
                  RESALE,
                  PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A,
                  (2)
                  PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144
                  UNDER THE
                  SECURITIES ACT (IF AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN
                  “INSTITUTIONAL ACCREDITED INVESTOR” WITHIN THE MEANING THEREOF IN RULE
                  501(a)(1), (2), (3) or (7) OF REGULATION D UNDER THE ACT OR ANY
                  ENTITY IN
                  WHICH ALL OF THE EQUITY OWNERS COME WITHIN SUCH PARAGRAPHS PURCHASING
                  NOT
                  FOR DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, SUBJECT TO
                  (A) THE
                  RECEIPT BY THE TRUSTEE OF A LETTER SUBSTANTIALLY IN THE FORM PROVIDED
                  IN
                  THE AGREEMENT AND (B) THE RECEIPT BY THE TRUSTEE OF SUCH OTHER
                  EVIDENCE
                  ACCEPTABLE TO THE TRUSTEE THAT SUCH REOFFER, RESALE, PLEDGE OR
                  TRANSFER IS
                  IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS
                  OR IN EACH
                  CASE IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED
                  STATES AND ANY OTHER APPLICABLE JURISDICTION. [In
                  the case of the Class I-M-10, Class I-M-11, Class II-M-10 and Class
                  II-M-11 Certificates]: THIS
                  CERTIFICATE MAY NOT BE ACQUIRED DIRECTLY OR INDIRECTLY BY, OR ON
                  BEHALF
                  OF, AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT WHICH
                  IS
                  SUBJECT TO TITLE I OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT
                  OF 1974,
                  AS AMENDED, OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
                  AS
                  AMENDED, UNLESS THE TRANSFEREE CERTIFIES OR REPRESENTS THAT THE
                  PROPOSED
                  TRANSFER AND HOLDING OF A CERTIFICATE AND THE SERVICING, MANAGEMENT
                  AND
                  OPERATION OF THE TRUST AND ITS ASSETS: (I) WILL NOT RESULT IN ANY
                  PROHIBITED TRANSACTION WHICH IS NOT COVERED UNDER AN INDIVIDUAL
                  OR CLASS
                  PROHIBITED TRANSACTION EXEMPTION, INCLUDING, BUT NOT LIMITED TO,
                  PROHIBITED TRANSACTION CLASS EXEMPTION (“PTCE”) 84-14, PTCE 91-38, PTCE
                  90-1, PTCE 95-60 OR PTCE 96-23 AND (II) WILL NOT GIVE RISE TO ANY
                  ADDITIONAL OBLIGATIONS ON THE PART OF THE DEPOSITOR, THE MASTER
                  SERVICER
                  OR THE TRUSTEE, WHICH WILL BE DEEMED REPRESENTED BY AN OWNER OF
                  A
                  BOOK-ENTRY CERTIFICATE OR A GLOBAL CERTIFICATE OR UNLESS AN OPINION
                  SPECIFIED IN SECTION 6.02 OF THE AGREEMENT IS
                  PROVIDED.

                 

              
	 	
                [In
                  the case of the Class I-P, Class I-CE, Class II-P and Class II-CE
                  Certificates]: 

                 

              
	 	
                NO
                  TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS
                  THE
                  TRANSFEREE PROVIDES EITHER A CERTIFICATION PURSUANT TO SECTION
                  6.02(h) OF
                  THE AGREEMENT OR AN OPINION OF COUNSEL SATISFACTORY TO THE TRUSTEE
                  THAT
                  THE PURCHASE AND HOLDING OF THIS CERTIFICATE ARE PERMISSIBLE UNDER
                  APPLICABLE LAW, WILL NOT CONSTITUTE OR RESULT IN ANY NON-EXEMPT
                  PROHIBITED
                  TRANSACTIONS UNDER SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME
                  SECURITY
                  ACT OF 1974, AS AMENDED (“ERISA”) OR SECTION 4975 OF THE CODE AND WILL NOT
                  SUBJECT THE TRUSTEE, MASTER SERVICER OR THE DEPOSITOR TO ANY OBLIGATION
                  OR
                  LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE
                  AGREEMENT.

                 

              

      

      “Eligible
        Purchaser”
means
        a
        corporation, partnership or other entity which we have reasonable grounds
        to
        believe and do believe (i) can make representations with respect to itself
        to
        substantially the same effect as the representations set forth herein, and
        (ii)
        is either a Qualified Institutional Buyer as defined under Rule 144A of the
        Act
        or an institutional “Accredited Investor” as defined under Rule 501 of the
        Act.

       

      Terms
        not
        otherwise defined herein shall have the meanings assigned to them in the
        Pooling
        and Servicing Agreement, dated as of August 1, 2006, among Bear Stearns Asset
        Backed Securities I LLC, as depositor, EMC Mortgage Corporation, as seller
        and
        as master servicer, and LaSalle Bank National Association, as Trustee (the
        “Pooling and Servicing Agreement’).

       

      If
        the
        Purchaser proposes that its Certificates be registered in the name of a nominee
        on its behalf, the Purchaser has identified such nominee below, and has caused
        such nominee to complete the Nominee Acknowledgment at the end of this
        letter.

       

      Name
        of
        Nominee (if any): __________________________

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, this document has been executed by the undersigned who is
        duly
        authorized to do so on behalf of the undersigned Eligible Purchaser on the
        ___
        day of ________, 20___.

       

      
        	 	 	 	 	 	 	 	
                Very
                  truly yours,

              
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                [PURCHASER]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Authorized
                  Officer)

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Attorney-in-fact)

              

      

      

       

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      Nominee
        Acknowledgment

       

      The
        undersigned hereby acknowledges and agrees that as to the Certificates being
        registered in its name, the sole beneficial owner thereof is and shall be
        the
        Purchaser identified above, for whom the undersigned is acting as
        nominee.

       

      
        	 	 	 	 	 	 	 	
                [NAME
                  OF NOMINEE]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Authorized
                  Officer)

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Attorney-in-fact)

              

      

      

      

      

       

      

      EXHIBIT
        F

       

      FORM
        OF
        RULE 144A AND RELATED MATTERS CERTIFICATE

       

      [SELLER]

       

      Bear
        Stearns Asset Backed Securities I LLC

      383
        Madison Avenue

      New
        York,
        New York 10179

       

      LaSalle
        Bank National Association

      135
        South
        LaSalle Street, Suite 1625

      Chicago,
        Illinois 60603

       

      
        	
                Re:

                 

              	
                Bear
                  Stearns Asset Backed Securities I Trust 2006-HE7, Asset-Backed
                  Certificates, Series 2006-HE7 (the “Certificates”), including the Class
                  

                ____
                  Certificates (the “Privately Offered
                  Certificates”)

              

      

       

      Dear
        Ladies and Gentlemen:

       

      In
        connection with our purchase of Privately Offered Certificates, the undersigned
        certifies to each of the parties to whom this letter is addressed that it
        is a
        qualified institutional buyer (as defined in Rule 144A under the Securities
        Act
        of 1933, as amended (the “Act”)) as follows:

       

      1. It
        owned
        and/or invested on a discretionary basis eligible securities (excluding
        affiliate’s securities, bank deposit notes and CD’s, loan participations,
        repurchase agreements, securities owned but subject to a repurchase agreement
        and swaps), as described below:

       

      Date:
        ______________, 20__ (must be on or after the close of its most recent fiscal
        year)

       

      Amount:
        $
        _____________________; and

       

      2. The
        dollar amount set forth above is:

       

      
        	 	
                a.

              	
                greater
                  than $100 million and the undersigned is one of the following
                  entities:

              

      

       

      
        	
                (1)

                 

              	
                [
                  ]

                 

              	
                an
                  insurance company as defined in Section 2(13) of the Act1 ;
                  or

                 

              
	
                (2)

                 

              	
                [
                  ]

                 

              	
                an
                  investment company registered under the Investment Company Act
                  or any
                  business development company as defined in Section 2(a)(48) of
                  the
                  Investment Company Act of 1940; or

                 

              
	
                (3)

                 

              	
                [
                  ]

                 

              	
                a
                  Small Business Investment Company licensed by the U.S. Small Business
                  Administration under Section 301(c) or (d) of the Small Business
                  Investment Act of 1958; or

                 

              
	
                (4)

                 

              	
                [
                  ]

                 

              	
                a
                  plan (i) established and maintained by a state, its political
                  subdivisions, or any agency or instrumentality of a state or its
                  political
                  subdivisions, the laws of which permit the purchase of securities
                  of this
                  type, for the benefit of its employees and (ii) the governing investment
                  guidelines of which permit the purchase of securities of this type;
                  or

                 

              
	
                (5)

                 

              	
                [
                  ]

                 

              	
                a
                  business development company as defined in Section 202(a)(22) of
                  the
                  Investment Advisers Act of 1940; or

                 

              
	
                (6)

                 

              	
                [
                  ]

                 

              	
                a
                  corporation (other than a U.S. bank, savings and loan association
                  or
                  equivalent foreign institution), partnership, Massachusetts or
                  similar
                  business trust, or an organization described in Section 501(c)(3)
                  of the
                  Internal Revenue Code; or

                 

              
	
                (7)

                 

              	
                [
                  ]

                 

              	
                a
                  U.S. bank, savings and loan association or equivalent foreign institution,
                  which has an audited net worth of at least $25 million as demonstrated
                  in
                  its latest annual financial statements; or

                 

              
	
                (8)

                 

              	
                [
                  ]

                 

              	
                an
                  investment adviser registered under the Investment Advisers Act;
                  or

                 

              
	
                b.

                 

              	
                [
                  ]

                 

              	
                greater
                  than $10 million, and the undersigned is a broker-dealer registered
                  with
                  the SEC; or

                 

              
	
                c.

                 

              	
                [
                  ]

                 

              	
                less
                  than $10 million, and the undersigned is a broker-dealer registered
                  with
                  the SEC and will only purchase Rule 144A securities in transactions
                  in
                  which it acts as a riskless principal (as defined in Rule 144A);
                  or

                 

              
	
                d.

                 

              	
                [
                  ]

                 

              	
                less
                  than $100 million, and the undersigned is an investment company
                  registered
                  under the Investment Company Act of 1940, which, together with
                  one or more
                  registered investment companies having the same or an affiliated
                  investment adviser, owns at least $100 million of eligible securities;
                  or

                 

              
	
                e.

                 

              	
                [
                  ]

                 

              	
                less
                  than $100 million, and the undersigned is an entity, all the equity
                  owners
                  of which are qualified institutional buyers.

                 

              

      

      The
        undersigned further certifies that it is purchasing a Privately Offered
        Certificate for its own account or for the account of others that independently
        qualify as “Qualified Institutional Buyers” as defined in Rule 144A. It is aware
        that the sale of the Privately Offered Certificates is being made in reliance
        on
        its continued compliance with Rule 144A. It is aware that the transferor
        may
        rely on the exemption from the provisions of Section 5 of the Act provided
        by
        Rule 144A. The undersigned understands that the Privately Offered Certificates
        may be resold, pledged or transferred only to (i) a person reasonably believed
        to be a Qualified Institutional Buyer that purchases for its own account
        or for
        the account of a Qualified Institutional Buyer to whom notice is given that
        the
        resale, pledge or transfer is being made in reliance in Rule 144A, or (ii)
        an
        institutional “accredited investor,” as such term is defined under Rule 501 of
        the Act in a transaction that otherwise does not constitute a public
        offering.

       

      The
        undersigned agrees that if at some future time it wishes to dispose of or
        exchange any of the Privately Offered Certificates, it will not transfer
        or
        exchange any of the Privately Offered Certificates to a Qualified Institutional
        Buyer without first obtaining a Rule 144A and Related Matters Certificate
        in the
        form hereof from the transferee and delivering such certificate to the
        addressees hereof. Prior to making any transfer of Privately Offered
        Certificates, if the proposed Transferee is an institutional “accredited
        investor,” the transferor shall obtain from the transferee and deliver to the
        addressees hereof an Investment Letter in the form attached to the Pooling
        and
        Servicing Agreement, dated as of August 1, 2006, among Bear Stearns Asset
        Backed
        Securities I LLC, as depositor, EMC Mortgage Corporation, as the seller and
        as
        master servicer, and LaSalle Bank National Association, as Trustee, pursuant
        to
        which the Certificates were issued.

       

      The
        undersigned certifies that it either: (i) is not acquiring the Privately
        Offered
        Certificate directly or indirectly by, or on behalf of, an employee benefit
        plan
        or other retirement arrangement which is subject to Title I of the Employee
        Retirement Income Security Act of 1974, as amended, and/or section 4975 of
        the
        Internal Revenue Code of 1986, as amended, or (ii) in the case of the Privately
        Offered Certificates, has provided the Opinion of Counsel required by the
        Agreement, or (iii) in the case of the Class I-M-10, Class I-M-11, Class
        II-M-10
        or Class II-M-11 Certificates, the transfer (1) will not result in a prohibited
        transaction which is not covered under an individual or class prohibited
        transaction exemption, including, but not limited to, Prohibited Transaction
        Class Exemption (“PTCE”) 84-14, PTCE 91-38, PTCE 90-1, PTCE 95-60 or PTCE 96-23
        and (2) will not give rise to any additional obligations on the part of the
        Depositor, the Master Servicer or the Trustee.

       

      If
        the
        Purchaser proposes that its Certificates be registered in the name of a nominee
        on its behalf, the Purchaser has identified such nominee below, and has caused
        such nominee to complete the Nominee Acknowledgment at the end of this
        letter.

       

      Name
        of
        Nominee (if any): _______________________________________

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, this document has been executed by the undersigned who is
        duly
        authorized to do so on behalf of the undersigned Eligible Purchaser on the
        ____
        day of ___________, 20___.

      
        	 	 	 	 	 	 	 	
                Very
                  truly yours,

              
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                [PURCHASER]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Authorized
                  Officer)

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Attorney-in-fact)

              

      

      

       

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      Nominee
        Acknowledgment

      

      The
        undersigned hereby acknowledges and agrees that as to the Certificates being
        registered in its name, the sole beneficial owner thereof is and shall be
        the
        Purchaser identified above, for whom the undersigned is acting as
        nominee.

       

      
        	 	 	 	 	 	 	 	
                [NAME
                  OF NOMINEE]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Authorized
                  Officer)

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Attorney-in-fact)

              

      

      

       

      

      

      
        
           

        

      

      

      EXHIBIT
        G

       

      FORM
        OF
        REQUEST FOR RELEASE

       

      
        	
                To:

              	
                LaSalle
                  Bank National Association

              

      

      
        	 	
                135
                  South LaSalle Street, Suite 1625

              

      

      
        	 	
                Chicago,
                  Illinois 60603

              

      

       

      
        	
                RE:  
                  

                 

              	
                Pooling
                  and Servicing Agreement, dated as of August 1, 2006, among Bear
                  Stearns
                  Asset Backed Securities I LLC, as Depositor, EMC Mortgage Corporation,
                  as
                  seller and as master servicer, and LaSalle Bank National Association,
                  as
                  Trustee

              

      

      

      In
        connection with the administration of the Mortgage Loans held by you pursuant
        to
        the above-captioned Pooling and Servicing Agreement, we request the release,
        and
        hereby acknowledge receipt, of the Mortgage File for the Mortgage Loan described
        below, for the reason indicated.

       

      Mortgagor’s
        Name, Address & Zip Code:

       

      Mortgage
        Loan Number:

       

      Reason
        for Requesting Documents (check one):

       

      
        	
                _____

                 

              	
                1.

                 

              	
                Mortgage
                  Loan paid in full. ([The Master Servicer] [The Trustee] hereby
                  certifies
                  that all amounts received in connection therewith have been credited
                  to
                  ______________________________.)

                 

              
	
                _____

                 

              	
                2.

                 

              	
                Mortgage
                  Loan in foreclosure.

                 

              
	
                _____

                 

              	
                3.

                 

              	
                Repurchase.
                  (The [Master Servicer] [Trustee] hereby certifies that the repurchase
                  price has been credited to ________________________.)

                 

              
	
                _____

                 

              	
                4.

                 

              	
                A
                  Mortgage Loan liquidated by _________________________. ([The Master
                  Servicer] [The Trustee] hereby certifies that all proceeds of the
                  foreclosure, insurance, condemnation or other liquidation have
                  been
                  finally received and credited to ______________________.)

                 

              
	
                _____

                 

              	
                5.

                 

              	
                Other
                  (explain)

              	 

      

      

      
        	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (authorized
                  signer)

              
	 	 	 	 	 	 	 	
                Issuer:
                  

              	 
	 	 	 	 	 	 	 	
                Address:
                  

              	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                Date:

              	 

      

      

      

      EXHIBIT
        H

       

      DTC
        Letter of Representations

      

      (See
        Tabs
        # 23 & # 64)

      

      

      EXHIBIT
        I

       

      Schedule
        of Mortgage Loans with Lost Notes

      

      [Provided
        Upon Request]

      

      

      

      EXHIBIT
        J

       

      FORM
        OF
        CUSTODIAL AGREEMENT

       

      CUSTODIAL
        AGREEMENT

       

      THIS
        CUSTODIAL AGREEMENT (as amended and supplemented from time to time, the
“Agreement”), dated as of August 30, 2006, by and among LASALLE BANK NATIONAL
        ASSOCIATION, not individually but solely as trustee under the Pooling and
        Servicing Agreement defined below (in such capacity, including its successors
        under the Pooling and Servicing Agreement defined below, the “Trustee”) and as
        custodian (in such capacity, together with any successor in interest or any
        successor appointed hereunder, the “Custodian”), BEAR STEARNS ASSET BACKED
        SECURITIES I LLC, as depositor (together with any successor in interest,
        the
“Depositor”), EMC MORTGAGE CORPORATION, as a seller (in such capacity, “EMC”)
        and as master servicer (in such capacity, together with any successor in
        interest or successor under the Pooling and Servicing Agreement referred
        to
        below, the “Master Servicer”) and Master Funding LLC, as a seller (“Master
        Funding”, and together with EMC, the “Sellers”). 

       

      WITNESSETH
        THAT:

       

      WHEREAS,
        the Depositor, EMC, the Master Servicer and the Trustee have entered into
        a
        Pooling and Servicing Agreement, dated as of August 1, 2006, relating to
        the
        issuance of Bear Stearns Asset Backed Securities I Trust 2006-HE7, Asset-Backed
        Certificates, Series 2006-HE7 (as in effect on the date of this Agreement,
        the
“Original Pooling and Servicing Agreement,” and as amended and supplemented from
        time to time, the “Pooling and Servicing Agreement”). 

       

      WHEREAS,
        the Custodian has agreed to act as agent for the Trustee on behalf of the
        Certificateholders for the purposes of receiving and holding certain documents
        and other instruments delivered by the Depositor, the Sellers or the Master
        Servicer under the Pooling and Servicing Agreement, all upon the terms,
        conditions and obligations and subject to the limitations hereinafter set
        forth.
        In the event any custodian terms, conditions and obligations are defined
        in the
        Pooling and Servicing Agreement, this custodial agreement shall supercede;
        

       

      NOW,
        THEREFORE, in consideration of the premises and the mutual covenants and
        agreements hereinafter set forth, the Trustee, the Depositor, the Sellers,
        the
        Master Servicer and the Custodian hereby agree as follows:

       

      ARTICLE
        I.

      DEFINITIONS

       

      Section
        1.1  Definitions.
        For
        purposes of this Agreement, the following terms shall have the indicated
        meanings unless the context or use indicates another or different meaning
        and
        intent, the definitions of such terms are equally applicable to the singular
        and
        the plural forms of such terms, the words “herein,” “hereof” and “hereunder” and
        other words of similar import refer to this Agreement as a whole and not
        to any
        particular section or other subdivision, and section references refer to
        sections of this Agreement.

       

      "Business
        Day"
        shall
        mean any day other than (i) a Saturday or a Sunday, or (ii) a day on which
        banking institutions in The City of New York, New York, Chicago, Illinois,
        Minneapolis, Minnesota or any city in which the Corporate Trust Office of
        the
        Trustee or the principal office of the Master Servicer is located are authorized
        or obligated by law or executive order to be closed.

       

      “Closing
        Date”
shall
        mean August 30, 2006.

       

      “EMC
        Flow Loans”
        shall
        mean the Mortgage Loans purchased by EMC pursuant to a flow loan agreement.
        

       

      “MERS”
shall
        mean Mortgage Electronic Registration Systems, Inc., a corporation organized
        and
        existing under the laws of the State of Delaware, or any successor
        thereto.

       

      “MERS
        Mortgage Loan”
shall
        mean any Mortgage Loan registered with MERS on the MERS® system.

       

      “MERS®
        System”
shall
        mean the system of recording transfers of Mortgages electronically maintained
        by
        MERS.

       

      “MIN”
shall
        mean the Mortgage Identification Number for Mortgage Loans registered with
        MERS
        on the MERS System.

       

      “MOM
        Loan”
shall
        mean with respect to any Mortgage Loan, MERS acting as the mortgagee of such
        Mortgage Loan, solely as nominee for the originator of such Mortgage Loan
        and
        its successors and assigns, at the origination thereof.

       

      “Mortgage”
shall
        mean the mortgage, deed of trust or other instrument creating a first or
        second
        lien on or first or second priority ownership interest in an estate in fee
        simple in real property securing a Mortgage Note.

       

      “Mortgage
        Assignment”
shall
        mean an assignment of the Mortgage in recordable form, sufficient under the
        laws
        of the jurisdiction wherein the related Mortgaged Property is located to
        reflect
        the sale of the Mortgage.

       

      “Mortgage
        File”
shall
        have the meaning set forth in Section 2 hereof.

       

      “Mortgage
        Loan”
shall
        mean a first or subordinate lien mortgage loan on a one-to-four family
        residential property.

       

      “Mortgage
        Loan Schedule”
shall
        mean the electronic schedule of Mortgage Loans identified in Schedule
        A.

       

      “Mortgaged
        Property”
shall
        mean the real property securing repayment of a Mortgage Loan.

       

      “Mortgagor”
shall
        mean the obligor on a Mortgage Note.

       

      “Note”
shall
        mean any promissory note or other evidence of indebtedness evidencing the
        indebtedness of a Mortgagor under a Mortgage Loan.

       

      “Servicer”
shall
        mean the related servicer of the Mortgage Loans as designated by
        Owner.

       

      Any
        capitalized terms used in this Agreement and not defined herein shall have
        the
        meanings assigned in the Original Pooling and Servicing Agreement, unless
        otherwise required by the context herein.

       

      ARTICLE
        II.

      CUSTODY
        OF MORTGAGE DOCUMENTS

       

      Section
        2.1  Custodian
        to Act as Agent: Acceptance of Mortgage Files.
        The
        Custodian, as the duly appointed custodial agent of the Trustee for these
        purposes, acknowledges (subject to any exceptions noted in the Initial
        Certification referred to in Section 2.3(a)) receipt of the Mortgage Files
        relating to the Mortgage Loans identified on the Schedule attached hereto
        (the
“Mortgage Loan Schedule”) and declares that it holds and will hold such Mortgage
        Files as agent for the Trustee, in trust, for the use and benefit of all
        present
        and future Certificateholders.

       

      Section
        2.2  Recordation
        of Assignments.
        If any
        Mortgage File includes one or more assignments of Mortgage that have not
        been
        recorded and the related Mortgage Loan is not a MERS Loan or the Custodian
        has
        not received written instructions from the related Seller or the Trustee
        that
        the related Mortgaged Properties are located in jurisdictions under the laws
        of
        which the recordation of such assignment is not necessary to protect the
        Trustee’s interest therein, each such assignment shall be delivered by the
        Custodian to the related Seller for the purpose of recording it in the
        appropriate public office for real property records, and the Sellers, at
        no
        expense to the Custodian, shall promptly cause to be recorded in the appropriate
        public office for real property records each such assignment of Mortgage
        and,
        upon receipt thereof from such public office, shall return each such assignment
        of Mortgage to the Custodian.

       

      Section
        2.3  Review
        of Mortgage Files.

       

      (a)  The
        documents set forth in the definition “Mortgage File” herein shall be delivered
        and released to the Custodian relating to each of the Mortgage Loans to be
        purchased on a Closing Date. The related Mortgage Loans shall be identified
        in
        the Mortgage Loan Schedule in electronic format which shall be delivered
        to the
        Custodian at least two Business Days prior to each Closing Date. On or prior
        to
        the Closing Date, the Custodian shall deliver to EMC and the Trustee an Initial
        Certification in the form annexed hereto as Exhibit One evidencing receipt
        (subject to any exceptions noted therein) of a Mortgage File for each of
        the
        Mortgage Loans listed on Schedule A attached hereto (the “Mortgage Loan
        Schedule”).

       

      (b)  Within
        90
        days thereafter, the Custodian agrees, for the benefit of Certificateholders,
        to
        review each such document, and shall deliver to EMC, the Master Servicer
        and the
        Trustee an Interim Certification in the form annexed hereto as Exhibit Two
        to
        the effect that all such documents have been executed and received and that
        such
        documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule,
        except for any exceptions listed on Schedule A attached to such Interim
        Certification. The Custodian shall be under no duty or obligation to inspect,
        review or examine said documents, instruments, certificates or other papers
        to
        determine that the same are genuine, enforceable, or appropriate for the
        represented purpose or that they have actually been recorded or that they
        are
        other than what they purport to be on their face.

       

      (c)  Not
        later
        than 180 days after the Closing Date, the Custodian shall review, for the
        benefit of Certificateholders, the Mortgage Files and deliver to EMC, the
        Master
        Servicer and the Trustee a Final Certification in the form annexed hereto
        as
        Exhibit Three evidencing whether each document required to be recorded has
        been
        returned from the recording office with evidence of recording thereon and
        the
        Custodian has received either an original or a copy thereof. If the Custodian
        finds any document missing, or to be unrelated, determined on the basis of
        the
        mortgagor name, original principal balance and loan number, to the mortgage
        loans identified on the Mortgage Loan Schedule or to appear defective on
        its
        face, the Custodian shall note such defect in the exception report attached
        to
        the Final Certification and shall promptly notify the Trustee. 

       

      (d)  In
        reviewing the Mortgage Files as provided herein, the Custodian shall make
        no
        representation as to and shall not be responsible to verify (i) the validity,
        legality, enforceability, due authorization, recordability, sufficiency or
        genuineness of any of the documents included in any Mortgage File or (ii)
        the
        collectibility, insurability, effectiveness or suitability of any of the
        documents in any Mortgage File.

       

      In
        performing any such review, the Custodian may conclusively rely on the purported
        due execution and genuineness of any such document and on the purported
        genuineness of any signature thereon.

       

      Upon
        receipt of written request from the Trustee, the Custodian shall as soon
        as
        practicable supply the Trustee with a list of all of the documents relating
        to
        the Mortgage Loans missing from the Mortgage Files.

       

      Section
        2.4  Custodian
        to Cooperate: Release of Mortgage Files.
        Upon
        receipt of written notice per Exhibit Four or Electronic Release Request
        per
        Exhibit Six from the Trustee that EMC has repurchased a Mortgage Loan pursuant
        to Article II of the Pooling and Servicing Agreement, and a request for release
        (a “Request for Release”) confirming that the purchase price therefor has been
        paid as required under the Pooling and Servicing Agreement, then the Custodian
        agrees to promptly release to EMC the related Mortgage File.

       

      Upon
        the
        Custodian’s receipt of a Request for Release substantially in the form of
        Exhibit Four attached hereto or Electronic Release Request per Exhibit Six,
        stating that it has received payment in full of a Mortgage Loan or that payment
        in full will be escrowed in a manner customary for such purposes, the Custodian
        agrees promptly to release to the Master Servicer, the related Mortgage File.
        The Depositor shall deliver to the Custodian and the Custodian agrees to
        review
        in accordance with the provisions of the Custodial Agreement the Mortgage
        Note
        and other documents constituting the Mortgage File with respect to any
        Replacement Mortgage Loan.

       

      From
        time
        to time as is appropriate for the servicing or foreclosure of any Mortgage
        Loan,
        the Master Servicer shall deliver to the Custodian a Request for Release
        per
        Exhibit Four or Electronic Release Request per Exhibit Five requesting that
        possession of all of the Mortgage File be released to the Master Servicer
        and
        certifying as to the reason for such release. Upon receipt of the foregoing,
        the
        Custodian shall deliver the Mortgage File to the Master Servicer. All Mortgage
        Files so released to the Master Servicer shall be held by it in trust for
        the
        Trustee for the use and benefit of all present and future Certificateholders.
        The Master Servicer shall cause each Mortgage File or any document therein
        so
        released to be returned to the Custodian when the need therefore by the Master
        Servicer no longer exists, unless (i) the Mortgage Loan has been liquidated,
        or
        (ii) the Mortgage File or such document has been delivered to an attorney,
        or to
        a public trustee or other public official as required by law, for purposes
        of
        initiating or pursuing legal action or other proceedings for the foreclosure
        of
        the Mortgaged Property.

       

      Section
        2.5  Assumption
        Agreements.
        In the
        event that any assumption agreement, substitution of liability agreement
        or sale
        of servicing agreement is entered into with respect to any Mortgage Loan
        subject
        to this Agreement, the Master Servicer shall notify the Custodian that such
        assumption or substitution agreement has been completed by forwarding to
        the
        Custodian the original of such assumption or substitution agreement, which
        shall
        be added to the related Mortgage File and, for all purposes, shall be considered
        a part of such Mortgage File to the same extent as all other documents and
        instruments constituting parts thereof.

       

      ARTICLE
        III.

      CONCERNING
        THE CUSTODIAN

       

      Section
        3.1  Custodian
        a Bailee and Agent of the Trustee.
        With
        respect to each Mortgage Note, Mortgage and other documents constituting
        each
        Mortgage File which are delivered to the Custodian, the Custodian is exclusively
        the bailee and custodial agent of the Trustee and has no instructions to
        hold
        any Mortgage Note or Mortgage for the benefit of any person other than the
        Trustee and the Certificateholders and undertakes to perform such duties
        and
        only such duties as are specifically set forth in this Agreement. Except
        upon
        compliance with the provisions of Section 2.4 of this Agreement, no Mortgage
        Note, Mortgage or Mortgage File shall be delivered by the Custodian to the
        Sellers, the Depositor or the Master Servicer or otherwise released from
        the
        possession of the Custodian.

       

      Section
        3.2  Custodian
        May Own Certificates.
        The
        Custodian in its individual or any other capacity may become the owner or
        pledgee of interests in the Mortgage Loans with the same rights it would
        have if
        it were not Custodian.

       

      Section
        3.3  Trustee
        to Pay Custodian’s Fees.
        The
        Trustee covenants and agrees to pay to the Custodian from time to time, and
        the
        Custodian shall be entitled to, reasonable compensation for all services
        rendered by it in the exercise and performance of any of the powers and duties
        hereunder of the Custodian. 

       

      Section
        3.4  Custodian
        May Resign; Trustee May Remove Custodian.
        The
        Custodian may resign from the obligations and duties hereby imposed upon
        it as
        such obligations and duties relate to its acting as Custodian of the Mortgage
        Loans. Upon receiving such written notice of resignation, the Trustee shall
        either take custody of the Mortgage Files itself and give prompt written
        notice
        thereof to the Depositor, the Master Servicer and the Custodian, or promptly
        appoint a successor Custodian by written instrument, in duplicate, one copy
        of
        which instrument shall be delivered to the resigning Custodian and one copy
        to
        the successor Custodian. If the Trustee shall not have taken custody of the
        Mortgage Files and no successor Custodian shall have been so appointed and
        have
        accepted appointment within 30 days after the giving of such written notice
        of
        resignation, the resigning Custodian may petition any court of competent
        jurisdiction for the appointment of a successor Custodian.

       

      The
        Trustee may remove the Custodian at any time upon 60 days prior written notice
        to Custodian. In such event, the Trustee shall appoint, or petition a court
        of
        competent jurisdiction to appoint, a successor Custodian hereunder. Any
        successor Custodian shall be a depository institution subject to supervision
        or
        examination by federal or state authority shall be able to satisfy the other
        requirements contained in Section 3.6 and shall be unaffiliated with the
        Master
        Servicer and the Depositor.

       

      Any
        resignation or removal of the Custodian and appointment of a successor Custodian
        pursuant to any of the provisions of this Section 3.4 shall become effective
        upon acceptance of appointment by the successor Custodian. The Trustee shall
        give prompt notice to the Depositor and the Master Servicer of the appointment
        of any successor Custodian. Notwithstanding anything to the contrary set
        forth
        herein, no successor Custodian shall be appointed by the Trustee without
        the
        prior approval of the Depositor and the Master Servicer.

       

      Section
        3.5  Merger
        or Consolidation of Custodian.
        Any
        Person into which the Custodian may be merged or converted or with which
        it may
        be consolidated, or any Person resulting from any merger, conversion or
        consolidation to which the Custodian shall be a party, or any Person succeeding
        to the business of the Custodian, shall be the successor of the Custodian
        hereunder, without the execution or filing of any paper or any further act
        on
        the part of any of the parties hereto, anything herein to the contrary
        notwithstanding; provided that such successor is a depository institution
        subject to supervision or examination by federal or state authority and is
        able
        to satisfy the other requirements contained in Section 3.6.

       

      Section
        3.6  Representations
        of the Custodian.
        The
        Custodian hereby represents that it is a depository institution subject to
        supervision or examination by a federal or state authority, has a combined
        capital and surplus of at least $15,000,000 and is qualified to do business
        in
        the jurisdictions in which it will hold any Mortgage File.

       

      Section
        3.7  Limitation
        on Liability.
        Neither
        the Custodian nor any of its directors, officers, agents or employees, shall
        be
        liable for any action taken or omitted to be taken by it or them hereunder
        or in
        connection herewith in good faith and believed (which belief may be based
        upon
        the opinion or advice of counsel selected by it in the exercise of reasonable
        care) by it or them to be within the purview of this Agreement, except for
        its
        or their own negligence, lack of good faith or willful
        misconduct.  The Custodian and any director, officer, employee or
        agent of the Custodian may rely in good faith on any document of any kind
        prima
        facie properly executed and submitted by any person respecting any matters
        arising hereunder. In no event shall the Custodian or its directors, officers,
        agents and employees be held liable for any special, indirect or consequential
        damages resulting from any action taken or omitted to be taken by it or them
        hereunder or in connection herewith even if advised of the possibility of
        such
        damages.

       

      Notwithstanding
        anything herein to the contrary, the Custodian agrees to indemnify the Trust
        Fund, the Trustee and each of their respective officers, directors and agents
        for any and all liabilities, obligations, losses, damages, payments, costs
        or
        expenses of any kind whatsoever that may be imposed on, incurred by or asserted
        against the Trustee or the Trust Fund, due to any negligent performance by
        the
        Custodian of its duties and responsibilities under this Agreement; provided,
        however, that the Custodian shall not be liable to any of the foregoing Persons
        for any amount and any portion of any such amount resulting from the willful
        misfeasance, bad faith or negligence of such person or the Custodian’s reliance
        on instructions from the Trustee or the Master Servicer. The provisions of
        this
        Section 3.7 shall survive the termination of this Custodial
        Agreement.

       

      LaSalle
        Bank National Association, as Custodian and in its individual capacity, and
        its
        directors, officers, employees and agents shall be entitled to indemnification
        and defense from the Trust Fund for any loss, liability or expense incurred
        without negligence, willful misconduct, bad faith on their part, arising
        out of,
        or in connection with, the acceptance or administration of the custodial
        arrangement created hereunder, including the costs and expenses of defending
        themselves against any claim or liability in connection with the exercise
        or
        performance of any of their powers or duties hereunder.

       

      Section
        3.8  Limitation
        of Duties.
        The
        Custodian in its capacity as such:

       

      (a)  in
        the
        course of its review of the Mortgage Files, shall not be required to make
        determinations (1) of a legal nature or (2) as to the authority of any officer
        or agent of the Master Servicer, Trustee or other entity who has executed
        (or
        certified with respect to) any document which is part of the Mortgage File;
        

       

      (b)  shall
        have no duties or obligations other than those specifically set forth herein
        or
        as may subsequently be agreed upon in writing by the parties hereto and shall
        use the same degree of care and skill as is reasonably expected of financial
        institutions acting in comparable capacities;

       

      (c)  will
        be
        regarded as making no representations and having no responsibilities as to
        the
        validity, sufficiency, value, genuineness, ownership or transferability of
        any
        Mortgage Loans and will not be required to and will not make any representations
        as to the validity, value or genuineness of the Mortgage Loans;

       

      (d)  shall
        not
        be obligated to take any legal action hereunder which might in its judgment
        involve any expense or liability unless it has been furnished with reasonable
        indemnity;

       

      (e)  may
        rely
        on and shall be protected in acting upon any certificate, instrument, opinion,
        notice, letter, telegram or other document, or any security, delivered to
        it and
        reasonably believed by it to be genuine and to have been signed by the Master
        Servicer or the Trustee;

       

      (f)  may
        rely
        on and shall be protected in acting upon the written instructions of the
        Master
        Servicer or the Trustee and such employees and representatives of the Master
        Servicer and the Trustee, as applicable, may hereinafter designate in
        writing;

       

      (g)  may
        consult counsel satisfactory to it (including counsel for the Trustee or
        the
        Master Servicer) and the opinion of such counsel shall be full and complete
        authorization and protection in respect of any action taken, suffered, or
        omitted by it hereunder in good faith and in accordance with the opinion
        of such
        counsel (provided that the fees of such counsel in connection with such
        consultation and opinion shall be paid by the Custodian); and

       

      (h)  shall
        not
        be liable for any error of judgment, or for any act done or step taken or
        omitted by it, in good faith, or for any mistake of fact or law, or for anything
        which it may do or refrain from doing in connection therewith, except in
        the
        case of a breach of any of the Custodian’s obligations hereunder, negligence or
        willful misconduct.

       

      The
        Custodian shall be held to the same standard of conduct, and shall be entitled
        to the same protections, privileges and immunities as other custodians acting
        in
        a custodial capacity are generally afforded.

       

      No
        covenant or agreement contained herein shall be deemed to be the covenant
        or
        agreement of any member of the Board of Directors, or any director, officer,
        agent, employee or representative of the Trustee, Master Servicer or the
        Custodian in his or her individual capacity and none of such persons shall
        be
        subject to any personal liability or accountability by reason of the execution
        of this Agreement, whether by virtue of any constitution, statute or rule
        of law
        or by the enforcement of any assessment or penalty, or otherwise.

       

      ARTICLE
        IV.

      Compliance
        with Regulation AB

       

      Section
        4.1  Intent
        of the Parties; Reasonableness.
        The
        parties hereto acknowledge and agree that the purpose of this Article IV
        is to
        facilitate compliance by the Depositor with the provisions of Regulation
        AB and
        related rules and regulations of the Commission. The Depositor shall not
        exercise its right to request delivery of information or other performance
        under
        these provisions other than in good faith, or for purposes other than compliance
        with the Securities Act, the Exchange Act and the rules and regulations of
        the
        Commission under the Securities Act and the Exchange Act. Each of the parties
        hereto acknowledges that interpretations of the requirements of Regulation
        AB
        may change over time, whether due to interpretive guidance provided by the
        Commission or its staff, consensus among participants in the mortgage-backed
        securities markets, advice of counsel, or otherwise, and agrees to comply
        with
        requests made by the Depositor in good faith for delivery of information
        under
        these provisions on the basis of evolving interpretations of Regulation AB.
        The
        Custodian shall cooperate reasonably with the Depositor to deliver to the
        Depositor (including any of its assignees or designees), any and all disclosure,
        statements, reports, certifications, records and any other information necessary
        in the reasonable, good faith determination of the Depositor to permit the
        Depositor to comply with the provisions of Regulation AB.

       

      Section
        4.2  Additional
        Representations and Warranties of the Custodian.
        

       

      (a)  The
        Custodian shall be deemed to represent to the Depositor as of the date hereof
        and on each date on which information is provided to the Trustee under Section
        4.3 that, except as disclosed in writing to the Depositor prior to such date:
        (i) there are no aspects of its financial condition that could have a material
        adverse effect on the performance by it of its Custodian obligations under
        this
        Agreement or any other Securitization Transaction as to which it is the
        custodian; (ii) there are no material legal or governmental proceedings pending
        (or known to be contemplated) against it; and (iii) there are no affiliations,
        relationships or transactions relating to the Custodian with respect to the
        Depositor or any sponsor, issuing entity, servicer, originator, significant
        obligor, enhancement or support provider or other material transaction party
        (other than the Trustee, which is the same entity as the Custodian) (as such
        terms are used in Regulation AB) relating to the Securitization Transaction
        contemplated by the Agreement, as identified by the Depositor to the Custodian
        in writing as of the Closing Date (each, a "Transaction Party").

       

      (b)  If
        so
        requested by the Depositor on any date following the Closing Date, the Custodian
        shall, within five Business Days following such request, confirm in writing
        the
        accuracy of the representations and warranties set forth in paragraph (a)
        of
        this Section or, if any such representation and warranty is not accurate
        as of
        the date of such confirmation, provide reasonably adequate disclosure of
        the
        pertinent facts, in writing, to the requesting party. Any such request from
        the
        Depositor shall not be given more than once each calendar quarter, unless
        the
        Depositor shall have a reasonable basis for a determination that any of the
        representations and warranties may not be accurate.

       

      Section
        4.3  Additional
        Information to Be Provided by the Custodian.
        For so
        long as the Trust is subject to the reporting obligations under the Exchange
        Act, for the purpose of satisfying the Depositor 's reporting obligation
        under
        the Exchange Act with respect to any class of publicly offered Certificates,
        the
        Custodian shall (a) notify the Depositor in writing of any material litigation
        or governmental proceedings pending against the Custodian that would be material
        to Certificateholders, and (b) provide to the Depositor (and the Trustee)
        unless
        the Custodian and the Trustee are the same party a written description of
        such
        proceedings. Any notices and descriptions required under this Section 4.3
        shall
        be given no later than five Business Days prior to the Determination Date
        following the month in which the Custodian has knowledge of the occurrence
        of
        the relevant event. As of the date the Trustee files each Report on Form
        10-D or
        Form 10-K with respect to the Certificates, the Custodian will be deemed
        to
        represent that any information previously provided under this Section 4.3,
        if
        any, is materially correct and does not have any material omissions unless
        the
        Custodian has provided an update to such information.

       

      Section
        4.4  Report
        on Assessment of Compliance and Attestation.
        On or
        before March 15th of each calendar year beginning in 2007, the Custodian
        shall:

       

      (a)  deliver
        to the Trustee, the Master Servicer and the Depositor a report regarding
        the
        Custodian’s assessment of compliance (an “Assessment of Compliance”) with the
        Servicing Criteria during the preceding calendar year, as required under
        Rules
        13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB. The
        Assessment of Compliance, as set forth in Regulation AB, must contain (i)
        a
        statement by such officer of its responsibility for assessing compliance
        with
        the Servicing Criteria applicable to the Custodian, (ii) a statement by such
        officer that the Custodian used the Servicing Criteria attached as Exhibit
        Five
        hereto, and which will also be attached to the Assessment of Compliance,
        to
        assess compliance with the Servicing Criteria applicable to the Custodian,
        (iii)
        an assessment by such officer of the Custodian’s compliance with the applicable
        Servicing Criteria for the period consisting of the preceding calendar year,
        including disclosure of any material instance of noncompliance with respect
        thereto during such period, which assessment shall be based on the activities
        the Custodian performs with respect to asset-based securities transactions
        taken
        as a whole involving the Custodian, that are backed by the same asset type
        as
        the Mortgage Loans, (iv) a statement that a registered public accounting
        firm
        has issued an attestation report on the Custodian’s Assessment of Compliance for
        the period consisting of the preceding calendar year, and (v) a statement
        as to
        which of the Servicing Criteria, if any, are not applicable to the Custodian,
        which statement shall be based on the activities the Custodian performs with
        respect to asset-backed securities transactions taken as a whole involving
        the
        Custodian, that are backed by the same asset type as the Mortgage Loans.
        Such
        report at a minimum shall address each of the Servicing Criteria specified
        on
        Exhibit Five hereto which are indicated as applicable to the Custodian;
        and

       

      (b)  deliver
        to the Trustee, the Master Servicer and the Depositor an Attestation Report
        (an
“Attestation Report”) by a registered public accounting firm that attests to,
        and reports on, the Assessment of Compliance made by the Custodian, as required
        by Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122(b) of Regulation
        AB, which Attestation Report must be made in accordance with standards for
        attestation reports issued or adopted by the Public Company Accounting Oversight
        Board. 

       

      (c)  Notwithstanding
        the foregoing, an Assessment of Compliance is not required to be delivered
        by
        the Custodian unless it is required as part of a Form 10-K with respect to
        the
        Trust Fund.

       

      Section
        4.5  Indemnification;
        Remedies.

       

      (a)  The
        Custodian shall indemnify the Depositor, each affiliate of the Depositor,
        the
        Master Servicer and each broker dealer acting as underwriter, placement agent
        or
        initial purchaser of the Certificates or each Person who controls any of
        such
        parties (within the meaning of Section 15 of the Securities Act and Section
        20
        of the Exchange Act); and the respective present and former directors, officers,
        employees and agents of each of the foregoing, and shall hold each of them
        harmless from and against any losses, damages, penalties, fines, forfeitures,
        legal fees and expenses and related costs, judgments, and any other costs,
        fees
        and expenses that any of them may sustain arising out of or based upon any
        failure by the Custodian to deliver any report on assessment of compliance
        or
        accountants’ attestation when and as required under this Article IV.

       

      (b)  In
        the
        case of any failure of performance described in clause (i) of Section 4.5(a),
        the Custodian shall promptly reimburse the Depositor for all costs reasonably
        incurred by the Depositor in order to obtain the information, report,
        certification, accountants’ letter or other material not delivered as required
        by the Custodian.

       

      ARTICLE
        V.

      MISCELLANEOUS
        PROVISIONS

       

      Section
        5.1  Notices.  All
        notices, requests, consents and demands and other communications required
        under
        this Agreement or pursuant to any other instrument or document delivered
        hereunder shall be in writing and, unless otherwise specifically provided,
        may
        be delivered personally, by telegram or telex, or by registered or certified
        mail, postage prepaid, return receipt requested, at the addresses specified
        on
        the signature page hereof (unless changed by the particular party whose address
        is stated herein by similar notice in writing), in which case the notice
        will be
        deemed delivered when received.

       

      Section
        5.2  Amendments.  No
        modification or amendment of or supplement to this Agreement shall be valid
        or
        effective unless the same is in writing and signed by all parties hereto.
        The
        Trustee shall give prompt notice to the Custodian of any amendment or supplement
        to the Pooling and Servicing Agreement and furnish the Custodian with written
        copies thereof.

       

      Section
        5.3  GOVERNING
        LAW.
        THIS
        AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS
        OF
        THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES THEREOF
        OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW.

       

      Section
        5.4  Recordation
        of Agreement.
        To the
        extent permitted by applicable law, this Agreement is subject to recordation
        in
        all appropriate public offices for real property records in all the counties
        or
        other comparable jurisdictions in which any or all of the properties subject
        to
        the Mortgages are situated, and in any other appropriate public recording
        office
        or elsewhere, such recordation to be effected by the Depositor and at the
        Trust’s expense, but only upon direction accompanied by an Opinion of Counsel
        reasonably satisfactory to the Depositor to the effect that the failure to
        effect such recordation is likely to materially and adversely affect the
        interests of the Certificateholders.

       

      For
        the
        purpose of facilitating the recordation of this Agreement as herein provided
        and
        for other purposes, this Agreement may be executed simultaneously in any
        number
        of counterparts, each of which counterparts shall be deemed to be an original,
        and such counterparts shall constitute but one and the same
        instrument.

       

      Section
        5.5  Severability
        of Provisions.  If
        any one or more of the covenants, agreements, provisions or terms of this
        Agreement shall be for any reason whatsoever held invalid, then such covenants,
        agreements, provisions or terms shall be deemed severable from the remaining
        covenants, agreements, provisions or terms of this Agreement and shall in
        no way
        affect the validity or enforceability of the other provisions of this Agreement
        or of the Certificates or the rights of the holders thereof.

       

      [Signature
        Page Attached]

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      IN
        WITNESS WHEREOF, this Agreement is executed as of the date first above
        written.

       

      

      
        	
                Address:

                 

                135
                  South LaSalle Street, Suite 1625

                Chicago,
                  Illinois 60603

                Attention:
                  BSABS I Trust, Series 2006-HE7

              	
                LASALLE
                  BANK NATIONAL ASSOCIATION, not individually but solely as
                  Trustee

                 

                By:____________________________________________

                Name: 

                Title: 

              
	 	 
	
                Address:

                 

                2571
                  Busse Rd., Suite 200

                Elk
                  Grove Village, IL 60007

                 

              	
                LASALLE
                  BANK NATIONAL ASSOCIATION, as Custodian

                 

                By:____________________________________________

                Name: 

                Title:

              
	 	 
	
                Address:

                 

                383
                  Madison Avenue

                New
                  York, New York 10179

                 

              	
                BEAR
                  STEARNS ASSET BACKED SECURITIES I LLC

                 

                By:____________________________________________

                Name: Joseph
                  Jurkowski, Jr.

                Title: 
                  Vice President

              
	 	 
	
                Address:

                 

                2780
                  Lake Vista Drive

                Lewisville,
                  Texas 75067

                (Facsimile:
                  (469) 759-4714)

                Attention:
                  President or General Counsel

              	
                EMC
                  MORTGAGE CORPORATION

                 

                By:____________________________________________

                Name: 

                Title: 

              
	 	 
	
                Address:

                 

                909
                  Hidden Ridge Drive, Suite 200

                Irving,
                  Texas 75038

                (Facsimile:
                  (972) 444-2880)

                Attention:
                  Mark Novachek

              	
                MASTER
                  FUNDING LLC

                 

                By:____________________________________________

                Name: 

                Title: 

              
	 	 

      

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      
        
          	
                  STATE
                    OF ILLINOIS

                	
                  )

                	 
	 	
                  )

                	
                  ss.:

                
	
                  COUNTY
                    OF COOK

                	
                  )

                	 

        

        
        

      

       

      On
        the
        30th
        day of
        August 2006 before me, a notary public in and for said State, personally
        appeared _________________, known to me to be an _______________ of LaSalle
        Bank
        National Association, one of the parties that executed the within agreement,
        and
        also known to me to be the person who executed the within agreement on behalf
        of
        said party and acknowledged to me that such party executed the within
        instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

       

                                              ______________________________

      Notary
        Public

       

      [SEAL]

       

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      
        

        
          	
                  STATE
                    OF ILLINOIS

                	
                  )

                	 
	 	
                  )

                	
                  ss.:

                
	
                  COUNTY
                    OF COOK

                	
                  )

                	 

        

        
          
          

        

      

       

      On
        the
        30th
        day of
        August 2006 before me, a notary public in and for said State, personally
        appeared ____________________, known to me to be a(n) ____________________
        of
        LaSalle Bank National Association, one of the parties that executed the within
        instrument, and also known to me to be the person who executed it on behalf
        of
        said party, and acknowledged to me that such party executed the within
        instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

       

                                              ______________________________

      Notary
        Public

       

      [Notarial
        Seal]

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      
        

        
          	
                  STATE
                    OF NEW YORK

                	
                  )

                	 
	 	
                  )

                	
                  ss.:

                
	
                  COUNTY
                    OF NEW YORK

                	
                  )

                	 

        

         

      

      On
        the
        30th
        day of
        August 2006 before me, a notary public in and for said State, personally
        appeared Joseph Jurkowski, Jr., known to me to be a Vice President of Bear
        Stearns Asset Backed Securities I LLC, and also known to me to be the person
        who
        executed the within instrument on behalf of said party, and acknowledged
        to me
        that such party executed the within instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

       

                                              ______________________________
        

      Notary
        Public

       

      [SEAL]

       

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      
        

        
          	
                  STATE
                    OF TEXAS 

                	
                  )

                	 
	 	
                  )

                	
                  ss.:

                
	
                  COUNTY
                    OF DALLAS 

                	
                  )

                	 

        

         

      

      On
        the
        30th
        day of
        August 2006 before me, a notary public in and for said State, personally
        appeared ____________________, known to me to be a(n) ____________________
        of
        EMC Mortgage Corporation, one of the parties that executed the within
        instrument, and also known to me to be the person who executed the within
        instrument on behalf of said party, and acknowledged to me that such party
        executed the within instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

       

                                              ______________________________

      Notary
        Public

       

      [Notarial
        Seal]

       

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      
        
          

          
            	
                    STATE
                      OF TEXAS 

                  	
                    )

                  	 
	 	
                    )

                  	
                    ss.:

                  
	
                    COUNTY
                      OF DALLAS 

                  	
                    )

                  	 

          

        

      

       

      On
        the
        30th
        day of
        August 2006 before me, a notary public in and for said State, personally
        appeared _____________________, known to me to be a(n) ____________________
        of
        Master Funding LLC, one of the parties that executed the within instrument,
        and
        also known to me to be the person who executed the within instrument on behalf
        of said party, and acknowledged to me that such party executed the within
        instrument.

       

      IN
        WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
        the
        day and year in this certificate first above written.

       

       

                                              ______________________________

      Notary
        Public

       

      [Notarial
        Seal]

       

      

       

      

      SCHEDULE
        A

       

      (Provided
        upon request)

      

       

      

      EXHIBIT
        ONE

       

      

       

      FORM
        OF
        CUSTODIAN INITIAL CERTIFICATION

       

      August
        30, 2006

       

      LaSalle
        Bank National Association

      135
        South
        LaSalle Street, Suite 1625

      Chicago,
        Illinois 60603     

       

      EMC
        Mortgage Corporation

      2780
        Lake
        Vista Drive

      Lewisville,
        Texas 75067

      (Facsimile:
        (469) 759-4714)

      Attention:
        President or General Counsel 

       

      Attention:
        Bear Stearns Asset Backed Securities I LLC, Series 2006-HE7

       

      
        	
              	                Re:    	
                Custodial
                  Agreement, dated as of August 30, 2006, by and among LaSalle Bank
                  National
                  Association, Bear Stearns Asset Backed Securities I LLC, EMC Mortgage
                  Corporation and Master Funding LLC, relating to Bear Stearns Asset
                  Backed
                  Securities I Trust 2006-HE7, Asset-Backed
                  Certificates, Series 2006-HE7 

              

      

       

      Ladies
        and Gentlemen:

       

      In
        accordance with Section 2.3(a) of the above-captioned Custodial Agreement,
        the
        undersigned, as Custodian, hereby certifies that it has received the following
        documents with respect to each Mortgage Loan listed in the Mortgage Loan
        Schedule, with any exceptions listed on Schedule A attached hereto: (i) an
        original note, including any riders thereto, endorsed without recourse to
        the
        order of LaSalle Bank National Association, as Trustee for certificateholders
        of
        ___________________________ or to blank and showing an unbroken chain of
        endorsements from the original payee thereof to the person endorsing it to
        the
        Trustee; (ii) an original mortgage and, if the related mortgage loan is a
        MERS
        Loan, registered with MERS, noting the presence of the mortgage identification
        number and language indicating that such mortgage loan is a MERS Loan, which
        shall have been recorded (or, for Mortgage Loans other than the EMC Flow
        Loans,
        if the original is not available, a copy) with evidence of such recording
        indicated thereon (or if clause (x) in the proviso below applies, shall be
        in
        recordable form); (iii) unless the mortgage loan is a MERS Loan, the assignment
        (either an original or a copy, which may be in the form of a blanket assignment
        if permitted in the jurisdiction in which the mortgage property is located)
        to
        the Trustee of the mortgage with respect to each mortgage loan in the name
        of
        ___________________________, which shall have been recorded (of if clause
        (x) in
        the proviso below applies, shall be in recordable form); (iv) an original
        or a
        copy of all intervening assignments of the mortgage, if any, with evidence
        of
        recording thereon; (v) the original policy of title insurance or mortgagee’s
        certificate of title insurance or commitment or binder for title insurance,
        if
        available, or a copy thereof, or, in the event that such original title
        insurance policy is unavailable, a photocopy thereof, or in lieu thereof,
        a
        current lien search on the related mortgaged property; and (vi) originals
        or
        copies of all available assumption, modification or substitution agreements,
        if
        any; provided, however, that in lieu of the foregoing, the Sellers may deliver
        the following documents, under the circumstances set forth below: (x) if
        any
        mortgage (other than the mortgages related to the EMC Flow Loans), assignment
        thereof to the Trustee or intervening assignments thereof have been delivered
        or
        are being delivered to recording offices for recording and have not been
        returned in time to permit their delivery as specified above, the Depositor
        may
        deliver a true copy thereof with a certification by the related Seller or
        the
        title company issuing the commitment for title insurance, on the face of
        such
        copy, substantially as follows: “Certified to be a true and correct copy of the
        original, which has been transmitted for recording”; and (y) in lieu of the
        mortgage notes relating to the Mortgage Loans identified in the list attached
        hereto, the Depositor may deliver a lost note affidavit and indemnity and
        a copy
        of the original note, if available.

       

      Capitalized
        words and phrases used herein shall have the respective meanings assigned
        to
        them in the above-captioned Custodial Agreement.

       

      LASALLE
        BANK NATIONAL ASSOCIATION

       

      

       

      By:_______________________________

      Name:_____________________________

      Title:______________________________

       

      

      

      

      SCHEDULE
        A

      (Please
        see tab # 47)

       

      

       

      

      EXHIBIT
        TWO

       

      

       

      FORM
        OF
        CUSTODIAN INTERIM CERTIFICATION

       

      [DATE]

       

      LaSalle
        Bank National Association

      135
        South
        LaSalle Street, Suite 1625    

      Chicago,
        Illinois 60603     

       

      EMC
        Mortgage Corporation

      2780
        Lake
        Vista Drive

      Lewisville,
        Texas 75067

      (Facsimile:
        (469) 759-4714)

      Attention:
        President or General Counsel 

       

      Attention:
        Bear Stearns Asset Backed Securities I LLC, Series 2006-HE7

       

      
        	
              	                Re:	
                Custodial
                  Agreement, dated as of August 30, 2006, by and among LaSalle Bank
                  National
                  Association, Bear Stearns Asset Backed Securities I LLC, EMC Mortgage
                  Corporation and Master Funding LLC, relating to Bear Stearns Asset
                  Backed
                  Securities I Trust 2006-HE7, Asset-Backed
                  Certificates, Series 2006-HE7 

              

      

       

      Ladies
        and Gentlemen:

       

      In
        accordance with Section 2.3(b) of the above-captioned Custodial Agreement,
        the
        undersigned, as Custodian, hereby certifies that it has received and reviewed
        the documents described in its initial certification dated August 30, 2006
        and
        has determined that: all documents have been executed and received and that
        such
        documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule,
        with any exceptions listed on Schedule A attached hereto.

       

      Capitalized
        words and phrases used herein shall have the respective meanings assigned
        to
        them in the above-captioned Custodial Agreement.

       

      
        LASALLE
          BANK NATIONAL ASSOCIATION

         

        

         

        By:_______________________________

        Name:_____________________________

        Title:______________________________

      

      

      

      

      SCHEDULE
        A

      (Provided
        Upon Request)

       

      

       

      

      EXHIBIT
        THREE

       

      

       

      FORM
        OF
        CUSTODIAN FINAL CERTIFICATION

       

      [DATE]

       

      LaSalle
        Bank National Association

      135
        South
        LaSalle Street, Suite 1625

      Chicago,
        Illinois 60603     

       

      EMC
        Mortgage Corporation

      2780
        Lake
        Vista Drive

      Lewisville,
        Texas 75067

      (Facsimile:
        (469) 759-4714)

      Attention:
        President or General Counsel 

       

      Attention:
        Bear Stearns Asset Backed Securities I LLC, Series 2006-HE7

       

      
        	
              	            Re:	
                Custodial
                  Agreement, dated as of August 30, 2006, by and among LaSalle Bank
                  National
                  Association, Bear Stearns Asset Backed Securities I LLC, EMC Mortgage
                  Corporation and Master Funding LLC, relating to Bear Stearns Asset
                  Backed
                  Securities I Trust 2006-HE7, Asset-Backed
                  Certificates, Series 2006-HE7 

              

      

       

      Ladies
        and Gentlemen:

       

      In
        accordance with Section 2.3(c) of the above-captioned Custodial Agreement,
        the
        undersigned, as Custodian, hereby certifies that it has received and reviewed
        the documents described in its initial certification dated August 30, 2006
        and
        has determined that: all documents have been executed and received and that
        such
        documents relate to the Mortgage Loans identified on the Mortgage Loan Schedule,
        with any exceptions listed on Schedule A attached hereto.

      

      Capitalized
        words and phrases used herein shall have the respective meanings assigned
        to
        them in the above-captioned Custodial Agreement.

       

      
        LASALLE
          BANK NATIONAL ASSOCIATION

         

        

         

        By:_______________________________

        Name:_____________________________

        Title:______________________________

         

      

      

      

      

      SCHEDULE
        A

      (Provided
        Upon Request)

       

      

       

      

      EXHIBIT
        FOUR

       

      

       

      FORM
        OF
        REQUEST FOR RELEASE OF DOCUMENTS AND RECEIPT

       

      

      

      To: [Name/Address
        of Owner]

       

      

      

      Attention:
        

       

      
        	
              	            Re:  	
                Custodial
                  Agreement, dated as of August 30, 2006, by and among LaSalle Bank
                  National
                  Association, Bear Stearns Asset Backed Securities I LLC, EMC Mortgage
                  Corporation and Master Funding LLC, relating to Bear Stearns Asset
                  Backed
                  Securities I Trust 2006-HE7, Asset-Backed
                  Certificates, Series 2006-HE7 

              

      

       

      In
        connection with the Mortgage Files that you hold pursuant to the Custodial
        Agreement, we request the release, and acknowledge receipt of the Mortgage
        file/[specify document] for the Mortgage Loan described below, the reason
        indicated.

      

      Mortgagor’s
        Name, Address and Zip Code:

      

      

      Mortgage
        Loan Number:

      

      

      Reason
        for Requesting Documents: (check one)

      

      _____
        1.
        Mortgage Loan paid in full. ([The Master Servicer] [the Trustee] hereby
        certifies that all amounts received in connection therewith have been credited
        to
        __________________________________________________________________________.)

      

      _____
        2.
        Mortgage Loan in foreclosure.

      

      _____
        3.
        Repurchase. (The [Master Servicer] [Trustee] hereby certifies that the
        repurchase price has been credited to
        _____________________________________________.)

      

      _____
        4.
        Mortgage Loan liquidated by _______________________________________. ([The
        Master Servicer] [The Trustee] hereby certifies that all proceeds of the
        foreclosure, insurance, condemnation or other liquidation have been finally
        received and credited to _____________________________________.

      

      _____
        5.
        Other (explain):  

      

      

      EXHIBIT
        FIVE

      

      SERVICING
        CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE

      

      The
        assessment of compliance to be delivered by the Custodian shall address,
        at a
        minimum, the criteria identified as below as “Applicable Servicing
        Criteria”;

       

      

        
          	
                   

                  Servicing
                    Criteria

                	
                  Applicable

                  Servicing
                    Criteria

                
	
                  Reference

                	
                  Criteria

                	 
	 	
                  General
                    Servicing Considerations

                	 
	
                   

                  1122(d)(1)(i)

                	
                  Policies
                    and procedures are instituted to monitor any performance or other
                    triggers
                    and events of default in accordance with the transaction
                    agreements

                	 
	
                   

                  1122(d)(1)(ii)

                	
                  If
                    any material servicing activities are outsourced to third parties,
                    policies and procedures are instituted to monitor the third party’s
                    performance and compliance with such servicing activities

                	 
	
                   

                  1122(d)(1)(iii)

                	
                  Any
                    requirements in the transaction agreements to maintain a back-up
                    servicer
                    for the pool assets are maintained.

                	 
	
                   

                   

                  1122(d)(1)(iv)

                	
                  A
                    fidelity bond and errors and omissions policy is in effect on
                    the party
                    participating in the servicing function throughout the reporting
                    period in
                    the amount of coverage required by and otherwise in accordance
                    with the
                    terms of the transaction agreements.

                	 
	 	
                   

                  Cash
                    Collection and Administration

                	 
	
                   

                   

                  1122(d)(2)(i)

                	
                  Payments
                    on pool assets are deposited into the appropriate custodial bank
                    accounts
                    and related bank clearing accounts no more than two business
                    days
                    following receipt, or such other number of days specified in
                    the
                    transaction agreements.

                	 
	
                   

                  1122(d)(2)(ii)

                	
                  Disbursements
                    made via wire transfer on behalf of an obligor or to an investor
                    are made
                    only by authorized personnel.

                	 
	
                   

                  1122(d)(2)(iii)

                	
                  Advances
                    of funds or guarantees regarding collections, cash flows or distributions,
                    and any interest or other fees charged for such advances are
                    made,
                    reviewed and approved as specified in the transaction
                    agreements.

                	 
	
                   

                   

                  1122(d)(2)(iv)

                	
                  The
                    related accounts for the transaction, such as cash reserve accounts
                    or
                    accounts established as a form of overcollateralization, are
                    separately
                    maintained (e.g., with respect to commingling of cash) as set
                    forth in the
                    transaction agreements.

                	 
	
                   

                   

                  1122(d)(2)(v)

                	
                  Each
                    custodial account is maintained at a federally insured depository
                    institution as set forth in the transaction agreements. For purposes
                    of
                    this criterion, “federally insured depository institutions” with respect
                    to a foreign financial institution means a foreign financial
                    institution
                    that meets the requirements of Rule 13k-1(b)(1) of the Securities
                    Exchange
                    Act. 

                	 
	
                  1122(d)(2)(vi)

                	
                  Unissued
                    checks are safeguarded so as to prevent unauthorized
                    access.

                	 
	
                   

                   

                   

                   

                   

                  1122(d)(2)(vii)

                	
                  Reconciliations
                    are prepared on a monthly basis for all asset-backed securities
                    related
                    bank accounts, including custodial accounts and related bank
                    clearing
                    accounts. These reconciliations are (A) mathematically accurate;
                    (B)
                    prepared within 30 calendar days after the bank statement cutoff
                    date, or
                    such other number of days specified in the transaction agreements;
                    (C)
                    reviewed and approved by someone other than the person who prepared
                    the
                    reconciliations; and (D) contain explanations for reconciling
                    items, These
                    reconciling items are resolved within 90 calendar days of their
                    original
                    identification, or such other number of days specified in the
                    transaction
                    agreements.

                	 
	 	
                   

                  Investor
                    Remittances and Reporting

                	 
	
                   

                   

                   

                   

                  1122(d)(3)(i)

                	
                  Reports
                    to investors, including those to be filed with the Commission,
                    are
                    maintained in accordance with the transaction agreements and
                    applicable
                    Commission requirements. Specifically, such reports (A) are prepared
                    in
                    accordance with timeframes and other terms set forth in the transaction
                    agreements, (B) provide information calculated in accordance
                    with the
                    terms specified in the transaction agreements; (C) are filed
                    with the
                    Commission as required by its rules and regulations; and (D)
                    agree with
                    investors; or the trustee’s records as to the total unpaid principal
                    balance and number of pool assets serviced by the
                    servicer.

                	 
	
                   

                  1122(d)(3)(ii)

                	
                  Amounts
                    due to investors are allocated and remitted in accordance with
                    timeframes,
                    distribution priority and other terms set forth in the transaction
                    agreements.

                	 
	
                   

                  1122(d)(3)(iii)

                	
                  Disbursements
                    made to an investor are posted within two business days to the
                    servicer’s
                    investor records, or such other number of days specified in the
                    transaction agreements.

                	 
	
                   

                  1122(d)(3)(iv)

                	
                  Amounts
                    remitted to investors per the investor reports agree with cancelled
                    checks, or other form of payment, or custodial bank
                    statements.

                	 
	 	
                   

                  Pool
                    Asset Administration

                	 
	
                   

                  1122(d)(4)(i)

                	
                  Collateral
                    or security on pool assets is maintained as required by the transaction
                    agreements or related asset pool documents.

                	
                  √

                
	
                  1122(d)(4)(ii)

                	
                  Pool
                    assets and related documents are safeguarded as required by the
                    transaction agreements.

                	
                  √

                
	
                   

                  1122(d)(4)(iii)

                	
                  Any
                    additions, removals or substitutions to the asset pool are made,
                    reviewed
                    and approved in accordance with any conditions or requirements
                    in the
                    transaction agreements

                	
                  √1 

                
	
                   

                   

                  1122(d)(4)(iv)

                	
                  Payments
                    on pool assets, including any payoffs, made in accordance with
                    the related
                    pool asset documents are posted to the servicer’s obligor records
                    maintained no more than two business days after receipt, or such
                    other
                    number of days specified in the transaction agreements, and allocated
                    to
                    principal, interest or other items (e.g., escrow) in accordance
                    with the
                    related pool asset documents.

                	 
	
                   

                  1122(d)(4)(v)

                	
                  The
                    servicer’s records regarding the pool assets agree with the servicer’s
                    records with respect to an obligor’s unpaid principal
                    balance.

                	 
	
                   

                  1122(d)(4)(vi)

                	
                  Changes
                    with respect to the terms or status of an obligor’s pool asset (e.g., loan
                    modifications or re-agings) are made, reviewed and approved by
                    authorized
                    personnel in accordance with the transaction agreements and related
                    pool
                    asset documents.

                	 
	
                   

                  1122(d)(4)(vii)

                	
                  Loss
                    mitigation of recovery actions (e.g., forbearance plans, modifications
                    and
                    deed in lieu of foreclosure, foreclosures and repossessions,
                    as
                    applicable) are initiated, conducted and concluded in accordance
                    with the
                    timeframes or other requirements established by the transaction
                    documents.

                	 
	
                   

                   

                   

                  1122(d)(4)(viii)

                	
                  Records
                    documenting collection efforts are maintained during the period
                    a pool
                    asset is delinquent in accordance with the transaction agreements.,
                    Such
                    records are maintained in at least a monthly basis, or such other
                    period
                    specified in the transaction agreements, and describe the entity’s
                    activities in monitoring delinquent pool assets including, for
                    example,
                    phone calls, letters and payment rescheduling plans in cases
                    where
                    delinquency is deemed temporary (e.g., illness or
                    unemployment).

                	 
	
                   

                  1122(d)(4)(ix)

                	
                  Adjustments
                    to interest rates or rates of return for pool assets with variable
                    rates
                    are computed based on the related pool asset documents.

                	 
	
                   

                   

                   

                   

                  1122(d)(4)(x)

                	
                  Regarding
                    any funds held in trust for an obligor (such as escrow accounts);
                    (A) such
                    funds are analyzed, in accordance with the obligor’s pool asset documents,
                    on at least an annual basis, or such other period specified in
                    the
                    transaction agreements; (B) interest on such funds is paid, or
                    credited,
                    to obligors in accordance with applicable pool asset documents
                    and state
                    laws; and (C) such funds are returned to the obligor within 3-
                    calendar
                    days of full repayment of the related pool asset, or such other
                    number of
                    days specified in the transaction agreements.

                	 
	
                   

                   

                  1122(d)(4)(xi)

                	
                  Payments
                    made on behalf of an obligor (such as tax ore insurance payments)
                    are made
                    on or before the related penalty or expiration dates, as indicated
                    on the
                    appropriate bills or notices for such payments, provided that
                    such support
                    has been received by the service at least 30 calendar days prior
                    to these
                    dates, or such other number of days specified in the transaction
                    agreements.

                	 
	
                   

                  1122(d)(4)(xii)

                	
                  Any
                    late payment penalties in connection with any payment to be made
                    on behalf
                    of an obligor are paid from the servicer’s funds and not charged to the
                    obligor, unless the late payment was due to the obligor’s error or
                    omission.

                	 
	
                  1122(d)(4)(xiii)

                	
                  Disbursements
                    made on behalf of an obligor are posted within two business days
                    to the
                    obligor’s records maintained by the servicer, or such other number of
                    days
                    specified in the transaction agreements.

                	 
	
                  1122(d)(4)(xiv)

                	
                  Delinquencies,
                    charge-offs and uncollectible funds are recognized and recorded
                    in
                    accordance with the transaction agreements.

                	 
	
                  1122(d)(4)(xv)

                	
                  Any
                    external enhancement or other support, identified in item 1114(a)(1)
                    through (3) or item 1115 of Regulation AB, is maintained as set
                    forth in
                    the transaction agreements.

                	 

        

        

          

          
            1
              Only
              with respect to the logistics of adding, removing or substituting loan
              files.

          

        

      

      

      EXHIBIT
        SIX

      

      ELECTRONIC
        RELEASE REQUEST (Excel)

      

        
          	
                  Collateral
                    Release Tasks 

                	
                   

                
	
                   

                	
                   

                
	
                  Required
                    Field Header

                	
                  Description

                
	
                   

                	
                   

                
	
                  Customer

                	
                  Value
                    can be constant of '1018'
                    

                
	
                   

                	
                   

                
	
                  Poolnum

                	
                  pool
                    number if available, can be left blank as well

                
	
                   

                	
                   

                
	
                  Loaned

                	
                  EMC
                    loan#, required field

                
	
                   

                	
                   

                
	
                  loc_code

                	
                  Codes
                    must be mutually agreed upon with custodian. Examples are PDPO=
                    loans
                    released for payoff, FORC = loans released for foreclosure, OLIQ=
                    loans
                    released for repurchase, NLIQ = loans released for
                    non-liquidation/correction.

                
	
                   

                	
                   

                
	
                  rel_code

                	
                  Codes
                    must be mutually agreed upon with custodian. Examples are 

                  1
                    =
                    payoff, 2 = foreclosure, 4 = repurchase, 5 =
                    non-liquidation.

                
	
                   

                	
                   

                
	
                  rel_doclist

                	
                  Can
                    be left blank

                
	
                   

                	
                   

                
	
                  notation

                	
                  "Name
                    of Person File Being Released To @ Company Name" (i.e. Sharon
                    Ayers@EMC)

                
	
                   

                	
                   

                
	
                  reqstr

                	
                  Can
                    be left blank

                
	
                   

                	
                   

                
	
                  reqstr_sig

                	
                  Signatory
                    code assigned to requestor, TBD

                
	
                   

                	
                   

                
	
                  amend

                	
                  0
                    =
                    new release request, 1= amend an existing released record (ie.
                    FORC to
                    PDPO)

                

        

      

      

      

       

      

      EXHIBIT
        K

       

      FORM
        OF
        BACK-UP CERTIFICATION 

       

       

      Re:  The
        [ ]
        agreement dated as of [ ],
        200[ ]
        (the “Agreement”), among [IDENTIFY PARTIES]

       

      I,
        ________________________________, the _______________________ of [NAME OF
        COMPANY], certify to [the Purchaser], [the Depositor], and the [Master Servicer]
        [Trustee], and their officers, with the knowledge and intent that they will
        rely
        upon this certification, that:

       

      (1) I
        have
        reviewed the servicer compliance statement of the Company provided in accordance
        with Item 1123 of Regulation AB (the “Compliance Statement”), the report on
        assessment of the Company’s compliance with the servicing criteria set forth in
        Item 1122(d) of Regulation AB (the “Servicing Criteria”), provided in accordance
        with Rules 13a-18 and 15d-18 under Securities Exchange Act of 1934, as amended
        (the “Exchange Act”) and Item 1122 of Regulation AB (the “Servicing
        Assessment”), the registered public accounting firm’s attestation report
        provided in accordance with Rules 13a-18 and 15d-18 under the Exchange Act
        and
        Section 1122(b) of Regulation AB (the “Attestation
        Report”), and all servicing reports, officer’s certificates and other
        information relating to the servicing of the Mortgage Loans by the Company
        during 200[ ] that were delivered by the Company to the [Depositor] [Master
        Servicer] [Trustee] pursuant to the Agreement (collectively, the “Company
        Servicing Information”);

       

      (2) Based
        on
        my knowledge, the Company Servicing Information, taken as a whole, does not
        contain any untrue statement of a material fact or omit to state a material
        fact
        necessary to make the statements made, in the light of the circumstances
        under
        which such statements were made, not misleading with respect to the period
        of
        time covered by the Company Servicing Information;

       

      (3) Based
        on
        my knowledge, all of the Company Servicing Information required to be provided
        by the Company under the Agreement has been provided to the [Depositor] [Master
        Servicer] [Trustee];

       

      (4) I
        am
        responsible for reviewing the activities performed by the Company as servicer
        under the Agreement, and based on my knowledge and the compliance review
        conducted in preparing the Compliance Statement and except as disclosed in
        the
        Compliance Statement, the Servicing Assessment or the Attestation Report,
        the
        Company has fulfilled its obligations under the Agreement in all material
        respects; and

       

      (5) The
        Compliance Statement required to be delivered by the Company pursuant to
        the
        Agreement, and the Servicing Assessment and Attestation Report required to
        be
        provided by the Company and by any Subservicer or Subcontractor pursuant
        to the
        Agreement, have been provided to the [Depositor] [Master Servicer]. Any material
        instances of noncompliance described in such reports have been disclosed
        to the
        [Depositor] [Master Servicer]. Any material instance of noncompliance with
        the
        Servicing Criteria has been disclosed in such reports.

       

      

       

      Date: _________________________

       

       

      By:

       

      Name:
         ________________________________
        

       

      Title:
         ________________________________

      

       

      

       

      

      EXHIBIT
        L

      

      FORM
        OF
        MORTGAGE LOAN PURCHASE AGREEMENT

       

      MORTGAGE
        LOAN PURCHASE AGREEMENT, dated as of August 30, 2006, as amended and
        supplemented by any and all amendments hereto (collectively, “this
        Agreement”),
        by
        and among EMC MORTGAGE CORPORATION, a Delaware corporation (“EMC”
or
        a
“Mortgage
        Loan Seller”),
        MASTER FUNDING LLC, a Delaware limited liability company (a “Mortgage
        Loan Seller”
or
        “Master
        Funding”,
        and
        together with EMC, the “Mortgage
        Loan Sellers”)
        and
        BEAR STEARNS ASSET BACKED SECURITIES I LLC, a Delaware limited liability
        company
        (the “Purchaser”).

       

      Upon
        the
        terms and subject to the conditions of this Agreement, each Mortgage Loan
        Seller
        agrees to sell, and the Purchaser agrees to purchase, certain conventional,
        closed-end, subprime, fixed rate and adjustable rate, first and second lien
        mortgage loans secured by one- to four-family residences (collectively, the
        “Mortgage
        Loans”)
        as
        described herein. The Purchaser intends to deposit the Mortgage Loans into
        a
        trust fund (the “Trust
        Fund”)
        and
        create Bear Stearns Asset-Backed Securities I Trust 2006-HE7, Asset-Backed
        Certificates, Series 2006-HE7 (the “Certificates”),
        under
        a pooling and servicing agreement, to be dated as of August 1, 2006 (the
        “Pooling
        and Servicing Agreement”),
        among
        the Purchaser, as depositor, EMC, as seller and as master servicer (the
“Master
        Servicer”),
        and
        LaSalle Bank National Association, as trustee (the “Trustee”).

       

      The
        Purchaser has filed with the Securities and Exchange Commission (the
“Commission”)
        a
        registration statement on Form S-3 (Number 333-131374) relating to its
        Asset-Backed Certificates and the offering of certain series thereof (including
        certain classes of the Certificates) from time to time in accordance with
        Rule
        415 under the Securities Act of 1933, as amended, and the rules and regulations
        of the Commission promulgated thereunder (the “Securities
        Act”).
        Such
        registration statement, when it became effective under the Securities Act,
        and
        the prospectus relating to the public offering of certain classes of the
        Certificates by the Purchaser (the “Public
        Offering”),
        as
        each may be amended or supplemented from time to time pursuant to the Securities
        Act or otherwise, are referred to herein as the “Registration
        Statement”
and
        the
“Prospectus,”
        respectively. The “Free
        Writing Prospectus”
shall
        mean the free writing prospectus, dated August 10, 2006, relating to certain
        classes of the Certificates. The “Prospectus
        Supplement”
shall
        mean the final supplement, dated August [ ], 2006, to the Prospectus, dated
        June
        7, 2006, relating to certain classes of the Certificates. With respect to
        the
        Public Offering of certain classes of the Certificates, Bear, Stearns & Co.
        Inc. (“Bear
        Stearns”)
        and
        the Purchaser have entered into a terms agreement, dated as of August 10,
        2006,
        to an underwriting agreement, dated April 13, 2006 (together, the “Underwriting
        Agreement”)
        between Bear Stearns and the Purchaser.

       

      Now,
        therefore, in consideration of the premises and the mutual agreements set
        forth
        herein, the parties hereto agree as follows:

       

      SECTION
        1.  Definitions.
        Certain
        terms are defined herein. Capitalized terms used herein but not defined herein
        shall have the meanings specified in the Pooling and Servicing Agreement.
        The
        following other terms are defined as follows:

       

      Acquisition
        Price:
        With
        respect to EMC and the sale of the EMC Mortgage Loans, cash in an amount
        equal
        to $          *             
        (plus
        $              *         
        in
        accrued interest) and the retained certificates. With respect to Master Funding
        and the sale of the Master Funding Mortgage Loans, cash in an amount equal
        to
        $           *             
        (plus
        $            *            
        in
        accrued interest).

       

      Bear
        Stearns:
        Bear,
        Stearns & Co. Inc.

       

      Closing
        Date:
        August
        30, 2006.

       

      Custodial
        Agreement:
        An
        agreement, dated as of August 30, 2006, among the Depositor, EMC, Master
        Funding, the Master Servicer, the Trustee and LaSalle Bank National Association
        as custodian (in such capacity, the “Custodian”).

       

      Cut-off
        Date:
        August
        1, 2006.

       

      Deleted
        Mortgage Loan:
        A
        Mortgage Loan replaced or to be replaced by a Replacement Mortgage
        Loan.

       

      Due
        Date:
        As to
        any Mortgage Loan, the date in each month on which the related Scheduled
        Payment
        is due, as set forth in the related Mortgage Note.

       

      EMC:
        EMC
        Mortgage Corporation.

       

      EMC
        Flow Loans:
        The
        Mortgage Loans purchased by EMC pursuant to a flow loan purchase agreement.
        

       

      EMC
        Mortgage Loans:
        The
        Mortgage Loans identified as such on the Mortgage Loan Schedule for which
        EMC is
        the applicable Mortgage Loan Seller. 

       

      Fitch:
        Fitch,
        Inc., or its successors in interest. 

       

      Group
        I Cut-off Date Balance:
        Shall
        mean $186,762,941.81.

       

      Group
        II Cut-off Date Balance:
        Shall
        mean $414,356,192.66.

       

      LaSalle:
        LaSalle
        Bank National Association, or its successors in interest.

       

      Master
        Funding:
        Master
        Funding LLC.

       

      Master
        Funding Mortgage Loan:
        The
        Mortgage Loans identified as such on the Mortgage Loan Schedule for which
        Master
        Funding is the applicable Mortgage Loan Seller. 

       

      MERS:
        Mortgage Electronic Registration Systems, Inc., a corporation organized and
        existing under the laws of the State of Delaware, or any successor
        thereto.

       

      MERS®
        System:
        The
        system of recording transfers of Mortgages electronically maintained by
        MERS.

       

      Moody’s:
        Moody’s
        Investors Service, Inc., or its successors in interest.

       

      Mortgage:
        The
        mortgage, deed of trust or other instrument creating a first or second lien
        on
        or first or second priority ownership interest in an estate in fee simple
        in
        real property securing a Mortgage Note.

       

      Mortgage
        File:
        The
        items referred to in Exhibit
        1
        pertaining to a particular Mortgage Loan and any additional documents required
        to be added to such documents pursuant to this Agreement.

       

      Mortgage
        Rate:
        The
        annual rate of interest borne by a Mortgage Note as stated herein.

       

      Mortgagor:
        The
        obligor(s) on a Mortgage Note.

       

      Net
        Mortgage Rate:
        As to
        each Mortgage Loan, and at any time, the per annum rate equal to the Mortgage
        Rate less the sum of (i) the Servicing Fee Rate, (ii) the Trustee Fee Rate
        and
        (iii) the rate at which the LPMI Fee is calculated, if any.

       

      Opinion
        of Counsel:
        A
        written opinion of counsel, who may be counsel for the Mortgage Loan Sellers
        or
        the Purchaser, reasonably acceptable to the Trustee.

       

      Person:
        Any
        legal person, including any individual, corporation, partnership, joint venture,
        association, joint stock company, trust, unincorporated organization or
        government or any agency or political subdivision thereof.

       

      Piggyback
        Loan:
        A second
        lien Mortgage Loan originated by the same originator to the same borrower
        at the
        same time as the first lien Mortgage Loan, each secured by the same Mortgaged
        Property.

       

      Purchase
        Price:
        With
        respect to any Mortgage Loan required to be purchased by EMC (on its own
        behalf
        as a Mortgage Loan Seller and on behalf of Master Funding) pursuant to the
        applicable provisions of this Agreement, an amount equal to the sum of (i)
        100%
        of the principal remaining unpaid on such Mortgage Loan as of the date of
        purchase (including if a foreclosure has already occurred, the principal
        balance
        of the related Mortgage Loan at the time the Mortgaged Property was acquired),
        (ii) accrued and unpaid interest thereon at the Mortgage Rate through and
        including the last day of the month of purchase and (iii) any costs and damages
        (if any) incurred by the Trust in connection with any violation of such Mortgage
        Loan of any anti-predatory lending laws.

       

      Rating
        Agencies:
        Standard & Poor’s and Moody’s, each a “Rating
        Agency.”

       

      Replacement
        Mortgage Loan:
        A
        mortgage loan substituted for a Deleted Mortgage Loan which must meet on
        the
        date of such substitution the requirements stated herein and in the Pooling
        and
        Servicing Agreement; upon such substitution, such mortgage loan shall be
        a
“Mortgage
        Loan”
        hereunder.

       

      Securities
        Act:
        The
        Securities Act of 1933, as amended.

       

      Standard
        & Poor’s:
        Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. or its
        successors in interest.

       

      Subgroup
        II-2 Mortgage Loans:
        The
        Mortgage Loans with respect to Subgroup II-2. 

       

      Value:
        The
        value of the Mortgaged Property at the time of origination of the related
        Mortgage Loan, such value being the lesser of (i) the value of such property
        set
        forth in an appraisal accepted by the applicable originator of the Mortgage
        Loan
        or (ii) the sales price of such property at the time of
        origination.

       

      SECTION
        2.  Purchase
        and Sale of the Mortgage Loans and Related Rights. 

       

      (a)  Upon
        satisfaction of the conditions set forth in Section 11 hereof, each Mortgage
        Loan Seller agrees to sell, and the Purchaser agrees to purchase Mortgage
        Loans
        sold by such Mortgage Loan Seller having an aggregate outstanding principal
        balance as of the Cut-off Date equal to the Group I Cut-off Date Balance
        and
        Group II Cut-off Date Balance, and each Mortgage Loan Seller’s interest in the
        Group I Swap Agreement and Group II Swap Agreement. 

       

      (b)  The
        closing for the purchase and sale of the Mortgage Loans and the closing for
        the
        issuance of the Certificates will take place on the Closing Date at the office
        of the Purchaser’s counsel in New York, New York or such other place as the
        parties shall agree.

       

      (c)  Upon
        the
        satisfaction of the conditions set forth in Section 11 hereof, on the Closing
        Date, the Purchaser shall pay to each respective Mortgage Loan Seller the
        related Acquisition Price for the Mortgage Loans sold by such Mortgage Loan
        Seller in immediately available funds by wire transfer to such account or
        accounts as shall be designated by such Mortgage Loan Seller.

       

      SECTION
        3.  Mortgage
        Loan Schedule.
        EMC (on
        its own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        agrees
        to provide to the Purchaser as of the date hereof a listing of the Mortgage
        Loans (the “Mortgage
        Loan Schedule”)
        setting forth the information listed on Exhibit
        2
        to this
        Agreement with respect to each of the Mortgage Loans being sold by the
        respective Mortgage Loan Sellers. 

       

      SECTION
        4.  Mortgage
        Loan Transfer. 

       

      (a)  The
        Purchaser will be entitled to all scheduled payments of principal and interest
        on the Mortgage Loans due after the Cut-off Date (regardless of when actually
        collected) and all payments thereof. Each Mortgage Loan Seller will be entitled
        to all scheduled payments of principal and interest on the Mortgage Loans
        sold
        by it to the Purchaser due on or before the Cut-off Date (including payments
        collected after the Cut-off Date) and all payments thereof. Such principal
        amounts and any interest thereon belonging to the related Mortgage Loan Seller
        as described above will not be included in the aggregate outstanding principal
        balance of the Mortgage Loans as of the Cut-off Date as set forth on the
        Mortgage Loan Schedule.

       

      (b)  Pursuant
        to various conveyancing documents to be executed on the Closing Date and
        pursuant to the Pooling and Servicing Agreement, the Purchaser will assign
        on
        the Closing Date all of its right, title and interest in and to the Mortgage
        Loans to the Trustee for the benefit of the Certificateholders. In connection
        with the transfer and assignment of the Mortgage Loans, each Mortgage Loan
        Seller has delivered or will deliver or cause to be delivered to the Trustee,
        or
        the Custodian on behalf of the Trustee, by the Closing Date or such later
        date
        as is agreed to by the Purchaser and such Mortgage Loan Seller (each of the
        Closing Date and such later date is referred to as a “Mortgage
        File Delivery Date”),
        the
        items of the Custodian’s Mortgage File, provided,
        however,
        that in
        lieu of the foregoing, each Mortgage Loan Seller may deliver the following
        documents, under the circumstances set forth below: (x) in lieu of the original
        Mortgage (other than the Mortgages related to the EMC Flow Loans), assignments
        to the Trustee or intervening assignments thereof which have been delivered,
        are
        being delivered or will upon receipt of recording information relating to
        the
        Mortgage required to be included thereon, be delivered to recording offices
        for
        recording and have not been returned in time to permit their delivery as
        specified above, the related Mortgage Loan Seller may deliver a true copy
        thereof with a certification by such Mortgage Loan Seller or the Master
        Servicer, on the face of such copy, substantially as follows: “Certified to be a
        true and correct copy of the original, which has been transmitted for
        recording;” (y) in lieu of the Mortgage (other than the Mortgages related to the
        EMC Flow Loans), assignments to the Trustee or intervening assignments thereof,
        if the applicable jurisdiction retains the originals of such documents or
        if the
        originals are lost (in each case, as evidenced by a certification from such
        Mortgage Loan Seller or the Master Servicer to such effect), such Mortgage
        Loan
        Seller may deliver photocopies of such documents containing an original
        certification by the judicial or other governmental authority of the
        jurisdiction where such documents were recorded; and (z) in lieu of the Mortgage
        Notes relating to the Mortgage Loans, each identified in the list delivered
        by
        the Purchaser to the Trustee on the Closing Date and attached hereto as
Exhibit
        5
        the
        related Mortgage Loan Seller may deliver lost note affidavits and indemnities
        of
        such Mortgage Loan Seller; and provided further, however, that in the case
        of
        Mortgage Loans which have been prepaid in full after the Cut-off Date and
        prior
        to the Closing Date, such Mortgage Loan Seller, in lieu of delivering the
        above
        documents, may deliver to the Trustee a certification by such Mortgage Loan
        Seller or the Master Servicer to such effect. Each Mortgage Loan Seller shall
        deliver such original documents (including any original documents as to which
        certified copies had previously been delivered) or such certified copies
        to the
        Trustee, or the Custodian on behalf of the Trustee, promptly after they are
        received. EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of
        Master Funding) shall cause the Mortgage and intervening assignments, if
        any,
        and the assignment of the Mortgage to be recorded not later than 180 days
        after
        the Closing Date unless such assignment is not required to be recorded under
        the
        terms set forth in Section 6(a) hereof.

       

      (c)  In
        connection with the assignment of any Mortgage Loan registered on the MERS®
System, EMC (on its own behalf as a Mortgage Loan Seller and on behalf of
        Master
        Funding) further agrees that it will cause, at EMC’s own expense, within 30 days
        after the Closing Date, the MERS® System to indicate that such Mortgage Loans
        have been assigned by the related Mortgage Loan Seller to the Purchaser and
        by
        the Purchaser to the Trustee in accordance with this Agreement for the benefit
        of the Certificateholders by including (or deleting, in the case of Mortgage
        Loans which are repurchased in accordance with this Agreement) in such computer
        files (a) the code in the field which identifies the specific Trustee and
        (b)
        the code in the field “Pool Field” which identifies the series of the
        Certificates issued in connection with such Mortgage Loans. EMC (on its own
        behalf as a Mortgage Loan Seller and on behalf of Master Funding) further
        agrees
        that it will not, and will not permit the Master Servicer to, and the Master
        Servicer agrees that it will not, alter the codes referenced in this paragraph
        with respect to any Mortgage Loan during the term of the Pooling and Servicing
        Agreement unless and until such Mortgage Loan is repurchased in accordance
        with
        the terms of the Pooling and Servicing Agreement.

       

      (d)  Each
        Mortgage Loan Seller and the Purchaser acknowledge hereunder that all of
        the
        Mortgage Loans will ultimately be assigned to LaSalle Bank National Association,
        as Trustee for the benefit of the Certificateholders, on the date
        hereof.

       

      SECTION
        5.  Examination
        of Mortgage Files. 

       

      (a)  On
        or
        before the Mortgage File Delivery Date, each Mortgage Loan Seller will have
        made
        the related Mortgage Files available to the Purchaser or its agent for
        examination which may be at the offices of the Trustee or such Mortgage Loan
        Seller and/or such Mortgage Loan Seller’s custodian. The fact that the Purchaser
        or its agent has conducted or has failed to conduct any partial or complete
        examination of the related Mortgage Files shall not affect the Purchaser’s
        rights to demand cure, repurchase, substitution or other relief as provided
        in
        this Agreement. In furtherance of the foregoing, each Mortgage Loan Seller
        shall
        make the related Mortgage Files available to the Purchaser or its agent from
        time to time so as to permit the Purchaser to confirm such Mortgage Loan
        Seller’s compliance with the delivery and recordation requirements of this
        Agreement and the Pooling and Servicing Agreement. In addition, upon request
        of
        the Purchaser, each Mortgage Loan Seller agrees to provide to the Purchaser,
        Bear Stearns and to any investors or prospective investors in the Certificates
        information regarding the Mortgage Loans and their servicing, to make the
        related Mortgage Files available to the Purchaser, Bear Stearns and to such
        investors or prospective investors (which may be at the offices of the related
        Mortgage Loan Seller and/or such Mortgage Loan Seller’s custodian) and to make
        available personnel knowledgeable about the related Mortgage Loans for
        discussions with the Purchaser, Bear Stearns and such investors or prospective
        investors, upon reasonable request during regular business hours, sufficient
        to
        permit the Purchaser, Bear Stearns and such investors or potential investors
        to
        conduct such due diligence as any such party reasonably believes is
        appropriate.

       

      (b)  Pursuant
        to the Pooling and Servicing Agreement, on the Closing Date the Trustee (or
        the
        Custodian as obligated under the Custodial Agreement), for the benefit of
        the
        Certificateholders, will review items of the Mortgage Files as set forth
        on
Exhibit
        1
        and will
        deliver to EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of
        Master Funding) an initial certification in the form attached as Exhibit
        One to
        the Custodial Agreement.

       

      (c)  Within
        90
        days of the Closing Date, the Trustee or the Custodian on its behalf shall,
        in
        accordance with the provisions of Section 2.02 of the Pooling and Servicing
        Agreement, deliver to EMC (on its own behalf as a Mortgage Loan Seller and
        on
        behalf of Master Funding) and the Trustee an Interim Certification in the
        form
        attached as Exhibit Two to the Custodial Agreement to the effect that all
        such
        documents have been executed and received and that such documents relate
        to the
        Mortgage Loans identified on the Mortgage Loan Schedule, except for any
        exceptions listed on Schedule A attached to such Interim Certification. The
        Custodian shall be under no duty or obligation to inspect, review or examine
        said documents, instruments, certificates or other papers to determine that
        the
        same are genuine, enforceable, or appropriate for the represented purpose
        or
        that they have actually been recorded or that they are other than what they
        purport to be on their face.

       

      (d)  The
        Trustee or the Custodian on its behalf will review the Mortgage Files within
        180
        days of the Closing Date and will deliver to EMC and the Master Servicer,
        and if
        reviewed by the Custodian, the Trustee, a final certification substantially
        in
        the form of Exhibit Three to the Custodial Agreement. If the Trustee or the
        Custodian on its behalf is unable to deliver a final certification with respect
        to the items listed in Exhibit
        1
        due to
        any document that is missing, has not been executed, is unrelated, determined
        on
        the basis of the Mortgagor name, original principal balance and loan number,
        to
        the Mortgage Loans identified in the Mortgage Loan Schedule (a “Material
        Defect”),
        the
        Trustee or the Custodian on its behalf shall notify EMC of such Material
        Defect.
        EMC (on its own behalf as a Mortgage Loan Seller and on behalf of Master
        Funding) shall correct or cure any such Material Defect within 90 days from
        the
        date of notice from the Trustee, the Depositor or the Master Servicer of
        the
        Material Defect and if EMC (on its own behalf as a Mortgage Loan Seller and
        on
        behalf of Master Funding) does not correct or cure such Material Defect within
        such period and such defect materially and adversely affects the interests
        of
        the Certificateholders in the related Mortgage Loan, EMC (on its own behalf
        as a
        Mortgage Loan Seller and on behalf of Master Funding) will, in accordance
        with
        the terms of the Pooling and Servicing Agreement, within 90 days of the date
        of
        notice, provide the Trustee with a Replacement Mortgage Loan (if within two
        years of the Closing Date) or purchase the related Mortgage Loan at the
        applicable Purchase Price; provided,
        however,
        that if
        such defect relates solely to the inability of EMC (on its own behalf as
        a
        Mortgage Loan Seller and on behalf of Master Funding) to deliver the original
        security instrument or intervening assignments thereof, or a certified copy
        because the originals of such documents, or a certified copy, have not been
        returned by the applicable jurisdiction, EMC shall not be required to purchase
        such Mortgage Loan if EMC (on its own behalf as a Mortgage Loan Seller and
        on
        behalf of Master Funding) delivers such original documents or certified copy
        promptly upon receipt, but in no event later than 360 days after the Closing
        Date. The foregoing repurchase obligation shall not apply in the event that
        EMC
        (on its own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        cannot deliver such original or copy of any document submitted for recording
        to
        the appropriate recording office in the applicable jurisdiction because such
        document has not been returned by such office; provided that EMC (on its
        own
        behalf as a Mortgage Loan Seller and on behalf of Master Funding) shall instead
        deliver a recording receipt of such recording office or, if such receipt
        is not
        available, a certificate of EMC (on its own behalf as a Mortgage Loan Seller
        and
        on behalf of Master Funding) or a Servicing Officer confirming that such
        documents have been accepted for recording, and delivery to the Trustee shall
        be
        effected by EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of
        Master Funding) within thirty days of its receipt of the original recorded
        document.

       

      (e)  At
        the
        time of any substitution, EMC (on its own behalf as a Mortgage Loan Seller
        and
        on behalf of Master Funding) shall deliver or cause to be delivered the
        Replacement Mortgage Loan, the related Mortgage File and any other documents
        and
        payments required to be delivered in connection with a substitution pursuant
        to
        the Pooling and Servicing Agreement. At the time of any purchase or
        substitution, the Trustee shall (i) assign the selected Mortgage Loan to
        EMC (on
        its own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        and
        shall release or cause the Custodian to release the documents (including,
        but
        not limited to, the Mortgage, Mortgage Note and other contents of the Mortgage
        File) in the possession of the Trustee or the Custodian, as applicable relating
        to the Deleted Mortgage Loan and (ii) execute and deliver such instruments
        of
        transfer or assignment, in each case without recourse, as shall be necessary
        to
        vest in EMC (on its own behalf as a Mortgage Loan Seller and on behalf of
        Master
        Funding) title to such Deleted Mortgage Loan.

       

      SECTION
        6.  Recordation
        of Assignments of Mortgage. 

       

      (a)  EMC
        (on
        its own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        will,
        promptly after the Closing Date, cause each Mortgage and each assignment
        of
        Mortgage from the Mortgage Loan Sellers to the Trustee, and all unrecorded
        intervening assignments, if any, delivered on or prior to the Closing Date,
        to
        be recorded in all recording offices in the jurisdictions where the related
        Mortgaged Properties are located; provided,
        however,
        EMC (on
        its own behalf as a Mortgage Loan Seller or on behalf of Master Funding)
        need
        not cause to be recorded any assignment which relates to a Mortgage Loan
        that is
        a MOM Loan or for which the related Mortgaged Property is located in any
        jurisdiction under the laws of which, as evidenced by an Opinion of Counsel
        delivered by EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of
        Master Funding) to the Trustee and the Rating Agencies, the recordation of
        such
        assignment is not necessary to protect the Trustee’s interest in the related
        Mortgage Loan; provided,
        however,
        notwithstanding the delivery of any Opinion of Counsel, each assignment of
        Mortgage shall be submitted for recording by EMC (on its own behalf as a
        Mortgage Loan Seller and on behalf of Master Funding) in the manner described
        above, at no expense to the Trust Fund or Trustee, upon the earliest to occur
        of
        (i) reasonable direction by the Holders of Certificates evidencing Percentage
        Interests aggregating not less than 25% of the Trust, (ii) the occurrence
        of an
        Event of Default, (iii) the occurrence of a bankruptcy, insolvency or
        foreclosure relating to EMC under the Pooling and Servicing Agreement, (iv)
        the
        occurrence of a servicing transfer or an assignment of the servicing as
        described in Section 7.07 of the Pooling and Servicing Agreement or (iv)
        with
        respect to any one assignment of Mortgage, the occurrence of a bankruptcy,
        insolvency or foreclosure relating to the Mortgagor under the related
        Mortgage.

       

      While
        each such Mortgage or assignment is being recorded, if necessary, EMC (on
        its
        own behalf as a Mortgage Loan Seller and on behalf of Master Funding) shall
        leave or cause to be left with the Trustee or the Custodian on its behalf
        a
        certified copy of such Mortgage or assignment. In the event that, within
        180
        days of the Closing Date, the Trustee has not been provided with an Opinion
        of
        Counsel as described above or received evidence of recording with respect
        to
        each Mortgage Loan delivered to the Purchaser pursuant to the terms hereof
        or as
        set forth above and the related Mortgage Loan is not a MOM Loan, the failure
        to
        provide evidence of recording or such Opinion of Counsel shall be considered
        a
        Material Defect, and the provisions of Section 5(c) and (d) shall apply.
        All
        customary recording fees and reasonable expenses relating to the recordation
        of
        the assignments of mortgage to the Trustee or the Opinion of Counsel, as
        the
        case may be, shall be borne by EMC.

       

      (b)  It
        is the
        express intent of the parties hereto that the conveyance of the Mortgage
        Loans
        by each Mortgage Loan Seller to the Purchaser, as contemplated by this Agreement
        be, and be treated as, a sale. It is, further, not the intention of the parties
        that such conveyance be deemed a pledge of the Mortgage Loans by such Mortgage
        Loan Seller to the Purchaser to secure a debt or other obligation of that
        Mortgage Loan Seller. However, in the event that, notwithstanding the intent
        of
        the parties, the Mortgage Loans are held by a court to continue to be property
        of such Mortgage Loan Seller, then (a) this Agreement shall also be deemed
        to be
        a security agreement within the meaning of Articles 8 and 9 of the applicable
        Uniform Commercial Code; (b) the transfer of the Mortgage Loans provided
        for
        herein shall be deemed to be a grant by such Mortgage Loan Seller to the
        Purchaser of a security interest in all of such Mortgage Loan Seller’s right,
        title and interest in and to the Mortgage Loans and all amounts payable to
        the
        holders of the Mortgage Loans in accordance with the terms thereof and all
        proceeds of the conversion, voluntary or involuntary, of the foregoing into
        cash, instruments, securities or other property, to the extent the Purchaser
        would otherwise be entitled to own such Mortgage Loans and proceeds pursuant
        to
        Section 4 hereof, including all amounts, other than investment earnings,
        from
        time to time held or invested in any accounts created pursuant to the Pooling
        and Servicing Agreement, whether in the form of cash, instruments, securities
        or
        other property; (c) the possession by the Purchaser or the Trustee (or the
        Custodian on its behalf) of Mortgage Notes and such other items of property
        as
        constitute instruments, money, negotiable documents or chattel paper shall
        be
        deemed to be “possession by the secured party” for purposes of perfecting the
        security interest pursuant to Section 9-305 (or comparable provision) of
        the
        applicable Uniform Commercial Code; and (d) notifications to persons holding
        such property, and acknowledgments, receipts or confirmations from persons
        holding such property, shall be deemed notifications to, or acknowledgments,
        receipts or confirmations from, financial intermediaries, bailees or agents
        (as
        applicable) of the Purchaser for the purpose of perfecting such security
        interest under applicable law. Any assignment of the interest of the Purchaser
        pursuant to any provision hereof or pursuant to the Pooling and Servicing
        Agreement shall also be deemed to be an assignment of any security interest
        created hereby. EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of Master Funding) and the Purchaser shall, to the extent consistent with
        this
        Agreement, take such actions as may be reasonably necessary to ensure that,
        if
        this Agreement were deemed to create a security interest in the Mortgage
        Loans,
        such security interest would be deemed to be a perfected security interest
        of
        first priority under applicable law and will be maintained as such throughout
        the term of the Pooling and Servicing Agreement.

       

      SECTION
        7.  Representations
        and Warranties of EMC Concerning the Mortgage Loans.
        EMC
        hereby represents and warrants to the Purchaser as of the Closing Date or
        such
        other date as may be specified below with respect to each Mortgage
        Loan:

       

      (a)  The
        information set forth in the Mortgage Loan Schedule hereto is true and correct
        in all material respects.

       

      (b)  Immediately
        prior to the transfer to the Purchaser, the related Mortgage Loan Seller
        was the
        sole owner of beneficial title and holder of each Mortgage and Mortgage Note
        relating to the Mortgage Loans and is conveying the same free and clear of
        any
        and all liens, claims, encumbrances, participation interests, equities, pledges,
        charges or security interests of any nature and such Mortgage Loan Seller
        has
        full right and authority to sell or assign the same pursuant to this
        Agreement.

       

      (c)  Each
        Mortgage Loan at the time it was made complied in all material respects with
        all
        applicable local, state and federal laws and regulations, including, without
        limitation, usury, equal credit opportunity, disclosure and recording laws
        and
        all applicable predatory, abusive and fair lending laws; and each Mortgage
        Loan
        has been serviced in all material respects in accordance with all applicable
        local, state and federal laws and regulations, including, without limitation,
        usury, equal credit opportunity, disclosure and recording laws and all
        applicable anti-predatory lending laws and the terms of the related Mortgage
        Note, the Mortgage and other loan documents.

       

      (d)  There
        is
        no monetary default existing under any Mortgage or the related Mortgage Note
        and
        there is no material event which, with the passage of time or with notice
        and
        the expiration of any grace or cure period, would constitute a default, breach
        or event of acceleration; and neither the related Mortgage Loan Seller, any
        of
        its affiliates nor any servicer of any related Mortgage Loan has taken any
        action to waive any default, breach or event of acceleration; and no foreclosure
        action is threatened or has been commenced with respect to the Mortgage
        Loan.

       

      (e)  The
        terms
        of the Mortgage Note and the Mortgage have not been impaired, waived, altered
        or
        modified in any respect, except by written instruments, (i) if required by
        law
        in the jurisdiction where the Mortgaged Property is located, or (ii) to protect
        the interests of the Trustee on behalf of the Certificateholders.

       

      (f)  No
        selection procedure reasonably believed by the related Mortgage Loan Seller
        to
        be adverse to the interests of the Certificateholders was utilized in selecting
        the Mortgage Loans.

       

      (g)  Each
        Mortgage is a valid and enforceable first or second lien on the property
        securing the related Mortgage Note and each Mortgaged Property is owned by
        the
        Mortgagor in fee simple (except with respect to common areas in the case
        of
        condominiums, PUDs and de minimis
        PUDs) or
        by leasehold for a term longer than the term of the related Mortgage, subject
        only to (i) the lien of current real property taxes and assessments, (ii)
        covenants, conditions and restrictions, rights of way, easements and other
        matters of public record as of the date of recording of such Mortgage, such
        exceptions being acceptable to mortgage lending institutions generally or
        specifically reflected in the appraisal obtained in connection with the
        origination of the related Mortgage Loan or referred to in the lender’s title
        insurance policy delivered to the originator of the related Mortgage Loan
        and
        (iii) other matters to which like properties are commonly subject which do
        not
        materially interfere with the benefits of the security intended to be provided
        by such Mortgage.

       

      (h)  There
        is
        no mechanics’ lien or claim for work, labor or material affecting the premises
        subject to any Mortgage which is or may be a lien prior to, or equal with,
        the
        lien of such Mortgage except those which are insured against by the title
        insurance policy referred to in clause (m) below.

       

      (i)  There
        was
        no delinquent tax or assessment lien against the property subject to any
        Mortgage, except where such lien was being contested in good faith and a
        stay
        had been granted against levying on the property.

       

      (j)  There
        is
        no valid offset, defense or counterclaim to any Mortgage Note or Mortgage,
        including the obligation of the Mortgagor to pay the unpaid principal and
        interest on such Mortgage Note.

       

      (k)  The
        physical property subject to any Mortgage is free of material damage and
        is in
        good repair and there is no proceeding pending or threatened for the total
        or
        partial condemnation of any Mortgaged Property.

       

      (l)  The
        Mortgaged Property and all improvements thereon comply with all requirements
        of
        any applicable zoning and subdivision laws and ordinances.

       

      (m)  With
        respect to any first lien Mortgage Loan, a lender’s title insurance policy (on
        an ALTA or CLTA form) or binder, or other assurance of title customary in
        the
        relevant jurisdiction therefor in a form acceptable to Fannie Mae or Freddie
        Mac, was issued on the date that each Mortgage Loan was created by a title
        insurance company which, to the best of the related Mortgage Loan Seller’s
        knowledge, was qualified to do business in the jurisdiction where the related
        Mortgaged Property is located, insuring such Mortgage Loan Seller and its
        successors and assigns that the Mortgage is a first priority lien on the
        related
        Mortgaged Property in the original principal amount of the Mortgage Loan.
        The
        related Mortgage Loan Seller is the sole insured under such lender’s title
        insurance policy, and such policy, binder or assurance is valid and remains
        in
        full force and effect, and each such policy, binder or assurance shall contain
        all applicable endorsements including a negative amortization endorsement,
        if
        applicable. With
        respect to any second lien Mortgage Loan, other
        than any Piggyback Loan that has an initial principal amount less than
        or equal to $200,000, (a) a lender’s title insurance policy or binder, or
        other assurance of title customary in the relevant jurisdiction therefore
        in a
        form acceptable to Fannie Mae or Freddie Mac, was issued on the date that
        each
        Mortgage Loan was created by a title insurance company which, to the best
        of the
        related Mortgage
        Loan Seller’s
        knowledge, was qualified to do business in the jurisdiction where the related
        Mortgaged Property is located, insuring the related seller and its successors
        and assigns. The related Mortgage
        Loan Seller
        is
        the sole insured under such lender’s title insurance policy, and such policy,
        binder or assurance is valid and remains in full force and effect, and each
        such
        policy, binder or assurance shall contain all applicable endorsements including
        a negative amortization endorsement, if applicable, or (b) a  lien
        search  was conducted at the time of origination with respect to
        the related Mortgaged Property.

       

      (n)  At
        the
        time of origination, each Mortgaged Property was the subject of an appraisal
        which conformed to the underwriting requirements of the originator of the
        Mortgage Loan and, the appraisal is in a form acceptable to Fannie Mae or
        Freddie Mac. 

       

      (o)  The
        improvements on each Mortgaged Property securing a Mortgage Loan are insured
        (by
        an insurer which is acceptable to the related Mortgage Loan Seller) against
        loss
        by fire and such hazards as are covered under a standard extended coverage
        endorsement in the locale in which the Mortgaged Property is located, in
        an
        amount which is not less than the lesser of the maximum insurable value of
        the
        improvements securing such Mortgage Loan or the outstanding principal balance
        of
        the Mortgage Loan, but in no event in an amount less than an amount that
        is
        required to prevent the Mortgagor from being deemed to be a co-insurer
        thereunder; if the improvement on the Mortgaged Property is a condominium
        unit,
        it is included under the coverage afforded by a blanket policy for the
        condominium project; if upon origination of the related Mortgage Loan, the
        improvements on the Mortgaged Property were in an area identified as a federally
        designated flood area, a flood insurance policy is in effect in an amount
        representing coverage not less than the least of (i) the outstanding principal
        balance of the Mortgage Loan, (ii) the restorable cost of improvements located
        on such Mortgaged Property or (iii) the maximum coverage available under
        federal
        law; and each Mortgage obligates the Mortgagor thereunder to maintain the
        insurance referred to above at the Mortgagor’s cost and expense.

       

      (p)  Each
        Mortgage Loan constitutes a “qualified mortgage” under Section 860G(a)(3)(A) of
        the Code and Treasury Regulation Section 1.860G-2(a)(1), (2), (4), (5), (6),
        (7)
        and (9) without reliance on the provisions of Treasury Regulation Section
        1.860G-2(a)(3) or Treasury Regulation Section 1.860G-2(f)(2) or any other
        provision that would allow a Mortgage Loan to be treated as a “qualified
        mortgage” notwithstanding its failure to meet the requirements of Section
        860G(a)(3)(A) of the Code and Treasury Regulation Section 1.860G-2(a)(1),
        (2),
        (4), (5), (6), (7) and (9).

       

      (q)  None
        of
        the Mortgage Loans are (a) loans subject to 12 CFR Part 226.31, 12 CFR Part
        226.32 or 12 CFR Part 226.34 of Regulation Z, the regulation implementing
        TILA,
        which implements the Home Ownership and Equity Protection Act of 1994, as
        amended or (b) “high cost home,” “covered” (excluding home loans defined as
“covered home loans” in the New Jersey Home
        Ownership Security Act of 2002 that were originated between November 26,
        2003
        and July 7, 2004), “high risk home” or “predatory” loans under any applicable
        state, federal or local law (or a similarly classified loan using different
        terminology under a law imposing heightened regulatory scrutiny or additional
        legal liability for residential mortgage loans having high interest rates,
        points and/or fees).

       

      (r)  The
        information set forth in Schedule A of the Prospectus Supplement with respect
        to
        the Mortgage Loans
        is true
        and correct in all material respects.

       

      (s)  No
        Mortgage Loan (a) is a “high cost loan” or “covered loan” as applicable (as such
terms
        are
        defined in the then current Standard & Poor’s LEVELS® Glossary, which is now
        Version 5.7, Appendix E, attached hereto as Exhibit 6) or (b) was originated
        on
        or after October 1, 2002 and before March 7, 2003, which is governed by the
        Georgia Fair Lending Act. 

       

      (t)  Each
        Mortgage Loan was originated in accordance with the underwriting guidelines
        of
        the related originator.

       

      (u)  Each
        original Mortgage has been recorded or is in the process of being recorded
        in
        accordance with the requirements of Section 2.01 of the Pooling and Servicing
        Agreement in the appropriate jurisdictions wherein such recordation is required
        to perfect the lien thereof for the benefit of the Trust Fund.

       

      (v)  The
        related Mortgage File contains each of the documents and instruments listed
        in
        Section 2.01 of the Pooling and Servicing Agreement, subject to any exceptions,
        substitutions and qualifications as are set forth in such Section.

       

      (w)  The
        Mortgage Loans are currently being serviced in accordance with accepted
        servicing practices.

       

      (x)  With
        respect to each Mortgage Loan that has a prepayment penalty feature, each
        such
        prepayment penalty is enforceable and will be enforced by the related Mortgage
        Loan Seller and each prepayment penalty
        is
        permitted pursuant to federal, state and local law. In addition, with respect
        to
        each Mortgage Loan (i) no Mortgage Loan will impose a prepayment penalty
        for a
        term in excess of five years from the date such Mortgage Loan was originated
        and
        (ii) such prepayment penalty is at least equal to the lesser of (A) the maximum
        amount permitted under applicable law and (B) six months interest at the
        related
        Mortgage Rate on the amount prepaid in excess of 20% of the original principal
        balance of such Mortgage Loan.

       

      (y)  If
        any of
        the Mortgage Loans are secured by a leasehold interest, with respect to each
        leasehold interest: the use of leasehold estates for residential properties
        is
        an accepted practice in the area where the related Mortgaged Property is
        located; residential property in such area consisting of leasehold estates
        is
        readily marketable; the lease is recorded and no party is in any way in breach
        of any provision of such lease; the leasehold is in full force and effect
        and is
        not subject to any prior lien or encumbrance by which the leasehold could
        be
        terminated or subject to any charge or penalty; and the remaining term of
        the
        lease does not terminate less than ten years after the maturity date of such
        Mortgage Loan.

       

      (z)  With
        respect to the Subgroup II-2 Mortgage Loans, no refinance or purchase money
        mortgage loan has an APR or total points and fees that exceed the thresholds
        set
        by the Home Ownership and Equity Protection Act of 1994 (“HOEPA”) and its
        implementing regulations, including 12 CFR § 226.32(a)(1)(i) and
        (ii).

       

      (aa)  With
        respect to the Subgroup II-2 Mortgage Loans, no borrower obtained a prepaid
        single-premium credit-life, credit disability, credit unemployment or credit
        property insurance policy in connection with the origination of the mortgage
        loan. 

       

      (bb)  With
        respect to the Subgroup II-2 Mortgage Loans, with respect to any mortgage
        loan
        underlying the Security that contains a provision permitting imposition of
        a
        penalty upon a prepayment prior to maturity: (a) the mortgage loan provides
        some
        benefit to the borrower (e.g., a rate or fee reduction) in exchange for
        accepting such prepayment penalty; (b) the mortgage loan’s originator had a
        written policy of offering the borrower, or requiring any third-party brokers
        to
        offer the borrower, the option of obtaining a mortgage loan that did not
        require
        payment of such a penalty; (c) the prepayment penalty was adequately disclosed
        to the borrower pursuant to applicable state and federal law; and (d) no
        subprime loan originated on or after October 1, 2002 underlying the Security
        will provide for prepayment penalties for a term in excess of three years
        and
        any loans originated prior to such date, and any non-subprime loans, will
        not
        provide for prepayment penalties for a term in excess of five years; unless
        the
        loan was modified to reduce the prepayment period to no more than three years
        from the date of the note and the borrower was notified in writing of such
        reduction in prepayment period. 

       

      (cc)  With
        respect to the Subgroup II-2 Mortgage Loans, the borrower was not encouraged
        or
        required to select a mortgage loan product offered by the mortgage loan’s
        originator which is a higher cost product designed for less creditworthy
        borrowers, taking into account such facts as, without limitation, the mortgage
        loan’s requirements and the borrower’s credit history, income, assets and
        liabilities.

       

      (dd)  
        With
        respect to the Subgroup II-2 Mortgage Loans, the methodology used in
        underwriting the extension of credit for each Group II Mortgage Loan in the
        trust did not rely solely on the extent of the borrower’s equity in the
        collateral as the principal determining factor in approving such extension
        of
        credit. The methodology employed objective criteria such as the borrower’s
        income, assets and liabilities, to the proposed mortgage payment and, based
        on
        such methodology, the Mortgage Loan’s originator made a reasonable determination
        that at the time of origination the borrower had the ability to make timely
        payments on the Mortgage Loan. 

       

      (ee)  With
        respect to the Subgroup II-2 Mortgage Loans, no borrower was charged “points and
        fees” in an amount greater than (a) $1,000 or (b) 5% of the principal amount of
        such mortgage loan, whichever is greater. For purposes of this representation,
        “points and fees” (x) include origination, underwriting, broker and finder’s
        fees and charges that the lender imposed as a condition of making the mortgage
        loan, whether they are paid to the lender or a third party; and (y) exclude
        bona
        fide discount points, fees paid for actual services rendered in connection
        with
        the origination of the mortgage (such as attorneys’ fees, notaries fees and fees
        paid for property appraisals, credit reports, surveys, title examinations
        and
        extracts, flood and tax certifications, and home inspections); the cost of
        mortgage insurance or credit-risk price adjustments; the costs of title,
        hazard,
        and flood insurance policies; state and local transfer taxes or fees; escrow
        deposits for the future payment of taxes and insurance premiums; and other
        miscellaneous fees and charges, which miscellaneous fee and charges, in total,
        do not exceed 0.25 percent of the loan amount. 

       

      (ff)  With
        respect to any Subgroup II-2 Mortgage Loans originated on or after August
        1,
        2004 and underlying the Security, neither the related mortgage nor the related
        mortgage note requires the borrower to submit to arbitration to resolve any
        dispute arising out of or relating in any way to the mortgage loan transaction.
        

       

      (gg)  No
        Subgroup II-2 Mortgage Loan was originated in connection with a manufactured
        housing unit.

       

      (hh)  None
        of
        the Subgroup II-2 Mortgage Loans have an original principal balance that
        exceeds
        the applicable Freddie Mac loan limit as of the Closing Date. 

       

      (ii)  None
        of
        the Subgroup II-2 Mortgage Loans are seasoned more than 12 months.

       

      It
        is
        understood and agreed that the representations and warranties set forth in
        this
        Section 7 will inure to the benefit of the Purchaser, its successors and
        assigns, notwithstanding any restrictive or qualified endorsement on any
        Mortgage Note or assignment of Mortgage or the examination of any Mortgage
        File.
        Upon any substitution for a Mortgage Loan, the representations and warranties
        set forth above shall be deemed to be made by the related Mortgage Loan Seller
        as to any Replacement Mortgage Loan as of the date of substitution.

       

      Upon
        discovery or receipt of notice by EMC, the Purchaser or the Trustee of a
        breach
        of any representation or warranty of EMC set forth in this Section 7 which
        materially and adversely affects the value of the interests of the Purchaser,
        the Certificateholders or the Trustee in any of the Mortgage Loans delivered
        to
        the Purchaser pursuant to this Agreement, the party discovering or receiving
        notice of such breach shall give prompt written notice to the others. It
        is
        understood and agreed that a breach of any one of the representations contained
        in clauses (c), (s), (q) and (z) through (ii) above in respect of a Subgroup
        II
        Mortgage Loan will be deemed to materially adversely affect the interests
        of the
        related Certificateholders. In the case of any such breach of a representation
        or warranty set forth in this Section 7, within 90 days from the date of
        discovery by EMC, or the date EMC is notified by the party discovering or
        receiving notice of such breach (whichever occurs earlier), EMC will (i)
        cure
        such breach in all material respects, (ii) purchase the affected Mortgage
        Loan
        at the applicable Purchase Price or (iii) if within two years of the Closing
        Date, substitute a qualifying Replacement Mortgage Loan in exchange for such
        Mortgage Loan; provided that, (A) in the case of a breach of the representation
        and warranty concerning the Mortgage Loan Schedule contained in clause (a)
        of
        this Section 7, if such breach is material and relates to any field on the
        Mortgage Loan Schedule which identifies any Prepayment Charge or (B) in the
        case
        of a breach of the representation contained in clause (x) of this Section
        7,
        then, in each case, in lieu of purchasing such Mortgage Loan from the Trust
        Fund
        at the Purchase Price, EMC shall pay the amount of the Prepayment Charge
        (net of
        any amount previously collected by or paid to the Trust Fund in respect of
        such
        Prepayment Charge) from its own funds and without reimbursement therefor,
        and
        EMC shall have no obligation to repurchase or substitute for such Mortgage
        Loan.
        The obligations of EMC to cure, purchase or substitute a qualifying Replacement
        Mortgage Loan shall constitute the Purchaser’s, the Trustee’s and the
        Certificateholder’s sole and exclusive remedy under this Agreement or otherwise
        respecting a breach of representations or warranties hereunder with respect
        to
        the Mortgage Loans, except for the obligation of EMC to indemnify the Purchaser
        for such breach as set forth in and limited by Section 14 hereof.

       

      Any
        cause
        of action against EMC or relating to or arising out of a breach by EMC of
        any
        representations and warranties made in this Section 7 shall accrue as to
        any
        Mortgage Loan upon (i) discovery of such breach by EMC or notice thereof
        by the
        party discovering such breach and (ii) failure by EMC to cure such breach,
        purchase such Mortgage Loan or substitute a qualifying Replacement Mortgage
        Loan
        pursuant to the terms hereof.

       

      SECTION
        8.  Representations
        and Warranties Concerning EMC.
        As of
        the date hereof and as of the Closing Date, EMC represents and warrants to
        the
        Purchaser and Master Funding as to itself in the capacity indicated as
        follows:

       

      (a)  EMC
        (i)
        is a corporation duly organized, validly existing and in good standing under
        the
        laws of the State of Delaware and (ii) is qualified and in good standing
        to do
        business in each jurisdiction where such qualification is necessary, except
        where the failure so to qualify would not reasonably be expected to have
        a
        material adverse effect on EMC’s business as presently conducted or on EMC’s
        ability to enter into this Agreement and to consummate the transactions
        contemplated hereby;

       

      (b)  EMC
        has
        full power to own its property, to carry on its business as presently conducted
        and to enter into and perform its obligations under this Agreement;

       

      (c)  The
        execution and delivery by EMC of this Agreement has been duly authorized
        by all
        necessary action on the part of EMC; and neither the execution and delivery
        of
        this Agreement, nor the consummation of the transactions herein contemplated,
        nor compliance with the provisions hereof or thereof, will conflict with
        or
        result in a breach of, or constitute a default under, any of the provisions
        of
        any law, governmental rule, regulation, judgment, decree or order binding
        on EMC
        or its properties or the charter or by-laws of EMC, except those conflicts,
        breaches or defaults which would not reasonably be expected to have a material
        adverse effect on EMC’s ability to enter into this Agreement and to consummate
        the transactions contemplated hereby;

       

      (d)  The
        execution, delivery and performance by EMC of this Agreement and the
        consummation of the transactions contemplated hereby do not require the consent
        or approval of, the giving of notice to, the registration with, or the taking
        of
        any other action in respect of, any state, federal or other governmental
        authority or agency, except those consents, approvals, notices, registrations
        or
        other actions as have already been obtained, given or made and, in connection
        with the recordation of the Mortgages, powers of attorney or assignments
        of
        Mortgages not yet completed;

       

      (e)  This
        Agreement has been duly executed and delivered by EMC and, assuming due
        authorization, execution and delivery by the Purchaser or the parties thereto,
        constitutes a valid and binding obligation of EMC enforceable against it
        in
        accordance with its terms (subject to applicable bankruptcy and insolvency
        laws
        and other similar laws affecting the enforcement of the rights of creditors
        generally);

       

      (f)  There
        are
        no actions, suits or proceedings pending or, to the knowledge of EMC, threatened
        against EMC, before or by any court, administrative agency, arbitrator or
        governmental body (i) with respect to any of the transactions contemplated
        by
        this Agreement or (ii) with respect to any other matter which in the judgment
        of
        EMC could reasonably be expected to be determined adversely to EMC and if
        determined adversely to EMC materially and adversely affect EMC’s ability to
        perform its obligations under this Agreement; and EMC not in default with
        respect to any order of any court, administrative agency, arbitrator or
        governmental body so as to materially and adversely affect the transactions
        contemplated by this Agreement; and

       

      (g)  The
        Mortgage Loan Sellers’ Information (as defined in Section 14(a) hereof) does not
        include any untrue statement of a material fact or omit to state a material
        fact
        necessary in order to make the statements made, in light of the circumstances
        under which they were made, not misleading.

       

      SECTION
        9.  Representations
        and Warranties Concerning the Purchaser.
        As of
        the date hereof and as of the Closing Date, the Purchaser represents and
        warrants to the Mortgage Loan Sellers as follows:

       

      (a)  The
        Purchaser (i) is a limited liability company duly organized, validly existing
        and in good standing under the laws of the State of Delaware and (ii) is
        qualified and in good standing to do business in each jurisdiction where
        such
        qualification is necessary, except where the failure so to qualify would
        not
        reasonably be expected to have a material adverse effect on the Purchaser’s
        business as presently conducted or on the Purchaser’s ability to enter into this
        Agreement and to consummate the transactions contemplated hereby;

       

      (b)  The
        Purchaser has full power to own its property, to carry on its business as
        presently conducted and to enter into and perform its obligations under this
        Agreement;

       

      (c)  The
        execution and delivery by the Purchaser of this Agreement has been duly
        authorized by all necessary action on the part of the Purchaser; and neither
        the
        execution and delivery of this Agreement, nor the consummation of the
        transactions herein contemplated, nor compliance with the provisions hereof,
        will conflict with or result in a breach of, or constitute a default under,
        any
        of the provisions of any law, governmental rule, regulation, judgment, decree
        or
        order binding on the Purchaser or its properties or the certificate of formation
        or limited liability company agreement of the Purchaser, except those conflicts,
        breaches or defaults which would not reasonably be expected to have a material
        adverse effect on the Purchaser’s ability to enter into this Agreement and to
        consummate the transactions contemplated hereby or thereby;

       

      (d)  The
        execution, delivery and performance by the Purchaser of this Agreement and
        the
        consummation of the transactions contemplated hereby or thereby do not require
        the consent or approval of, the giving of notice to, the registration with,
        or
        the taking of any other action in respect of, any state, federal or other
        governmental authority or agency, except those consents, approvals, notices,
        registrations or other actions as have already been obtained, given or
        made;

       

      (e)  This
        Agreement has been duly executed and delivered by the Purchaser and, assuming
        due authorization, execution and delivery by the Mortgage Loan Sellers,
        constitutes a valid and binding obligation of the Purchaser enforceable against
        it in accordance with its terms (subject to applicable bankruptcy and insolvency
        laws and other similar laws affecting the enforcement of the rights of creditors
        generally);

       

      (f)  There
        are
        no actions, suits or proceedings pending or, to the knowledge of the Purchaser,
        threatened against the Purchaser, before or by any court, administrative
        agency,
        arbitrator or governmental body (i) with respect to any of the transactions
        contemplated by this Agreement or (ii) with respect to any other matter which
        in
        the judgment of the Purchaser could reasonably be expected to be determined
        adversely to the Purchaser and if determined adversely to the Purchaser
        materially and adversely affect the Purchaser’s ability to perform its
        obligations under this Agreement; and the Purchaser is not in default with
        respect to any order of any court, administrative agency, arbitrator or
        governmental body so as to materially and adversely affect the transactions
        contemplated by this Agreement; and

       

      (g)  The

        Purchaser’s Information (as defined in Section 14(b) hereof) does not include
        any untrue statement of a material fact or omit to state a material fact
        necessary in order to make the statements made, in light of the circumstances
        under which they were made, not misleading.

       

      SECTION
        10.  Representations
        and Warranties Concerning Master Funding.
        As of
        the date hereof and as of the Closing Date, Master Funding represents and
        warrants to EMC and the Purchaser as follows:

       

      (a)  Master
        Funding (i) is a limited liability company duly organized, validly existing
        and
        in good standing under the laws of the State of Delaware and (ii) is qualified
        and in good standing to do business in each jurisdiction where such
        qualification is necessary, except where the failure so to qualify would
        not
        reasonably be expected to have a material adverse effect on Master Funding’s
        business as presently conducted or on Master Funding’s ability to enter into
        this Agreement and to consummate the transactions contemplated
        hereby;

       

      (b)  Master
        Funding has full power to own its property, to carry on its business as
        presently conducted and to enter into and perform its obligations under this
        Agreement;

       

      (c)  The
        execution and delivery by Master Funding of this Agreement has been duly
        authorized by all necessary action on the part of Master Funding; and neither
        the execution and delivery of this Agreement, nor the consummation of the
        transactions herein contemplated, nor compliance with the provisions hereof
        or
        thereof, will conflict with or result in a breach of, or constitute a default
        under, any of the provisions of any law, governmental rule, regulation,
        judgment, decree or order binding on Master Funding or its properties or
        the
        written consent of the sole member or limited liability company agreement
        of
        Master Funding, except those conflicts, breaches or defaults which would
        not
        reasonably be expected to have a material adverse effect on Master Funding’s
        ability to enter into this Agreement and to consummate the transactions
        contemplated hereby;

       

      (d)  The
        execution, delivery and performance by Master Funding of this Agreement and
        the
        consummation of the transactions contemplated hereby do not require the consent
        or approval of, the giving of notice to, the registration with, or the taking
        of
        any other action in respect of, any state, federal or other governmental
        authority or agency, except those consents, approvals, notices, registrations
        or
        other actions as have already been obtained, given or made and, in connection
        with the recordation of the Mortgages, powers of attorney or assignments
        of
        Mortgages not yet completed;

       

      (e)  This
        Agreement has been duly executed and delivered by Master Funding and, assuming
        due authorization, execution and delivery by the Purchaser or the parties
        thereto, constitutes a valid and binding obligation of Master Funding
        enforceable against it in accordance with its terms (subject to applicable
        bankruptcy and insolvency laws and other similar laws affecting the enforcement
        of the rights of creditors generally); and

       

      (f)  There
        are
        no actions, suits or proceedings pending or, to the knowledge of Master Funding,
        threatened against Master Funding, before or by any court, administrative
        agency, arbitrator or governmental body (i) with respect to any of the
        transactions contemplated by this Agreement or (ii) with respect to any other
        matter which in the judgment of Master Funding could reasonably be expected
        to
        be determined adversely to Master Funding and if determined adversely to
        Master
        Funding materially and adversely affect Master Funding’s ability to perform its
        obligations under this Agreement; and Master Funding is not in default with
        respect to any order of any court, administrative agency, arbitrator or
        governmental body so as to materially and adversely affect the transactions
        contemplated by this Agreement.

       

      SECTION
        11.  Conditions
        to Closing. 

       

      (a)  The
        obligations of the Purchaser under this Agreement will be subject to the
        satisfaction, on or prior to the Closing Date, of the following
        conditions:

       

      (1)  Each
        of
        the obligations of each Mortgage Loan Seller required to be performed at
        or
        prior to the Closing Date pursuant to the terms of this Agreement shall have
        been duly performed and complied with in all material respects; all of the
        representations and warranties of each Mortgage Loan Seller under this Agreement
        shall be true and correct as of the date or dates specified in all material
        respects; and no event shall have occurred which, with notice or the passage
        of
        time, would constitute a default under this Agreement or the Pooling and
        Servicing Agreement; and the Purchaser shall have received certificates to
        that
        effect signed by authorized officers of each of the Mortgage Loan
        Sellers.

       

      (2)  The
        Purchaser shall have received all of the following closing documents, in
        such
        forms as are agreed upon and reasonably acceptable to the Purchaser, duly
        executed by all signatories other than the Purchaser as required pursuant
        to the
        respective terms thereof:

       

      (i)  The
        Pooling and Servicing Agreement, in form and substance reasonably satisfactory
        to the Trustee and the Purchaser, and all documents required thereby duly
        executed by all signatories;

       

      (ii)  A
        certificate of an officer of EMC dated as of the Closing Date, in a form
        reasonably acceptable to the Purchaser, and attached thereto the resolutions
        of
        EMC authorizing the transactions contemplated by this Agreement, together
        with
        copies of the articles of incorporation, by-laws and certificate of good
        standing of EMC;

       

      (iii)  A
        certificate of an officer of Master Funding dated as of the Closing Date,
        in a
        form reasonably acceptable to the Purchaser, and attached thereto the
        resolutions of Master Funding authorizing the transactions contemplated by
        this
        Agreement, together with copies of the written consent of the sole member,
        limited liability company agreement and certificate of good standing of Master
        Funding;

       

      (iv)  One
        or
        more opinions of counsel from the Mortgage Loan Sellers’ counsel otherwise in
        form and substance reasonably satisfactory to the Purchaser, the Trustee
        and
        each Rating Agency;

       

      (v)  A
        letter
        from each of the Rating Agencies giving each Class of Certificates set forth
        on
        Schedule A hereto the rating set forth therein; and

       

      (vi)  Such
        other documents, certificates (including additional representations and
        warranties) and opinions as may be reasonably necessary to secure the intended
        ratings from each Rating Agency for the Certificates.

       

      (3)  The
        Certificates to be sold to Bear Stearns pursuant to the Underwriting Agreement
        and the Purchase Agreement shall have been issued and sold to Bear
        Stearns.

       

      (4)  Each
        Mortgage Loan Seller shall have furnished to the Purchaser such other
        certificates of its officers or others and such other documents and opinions
        of
        counsel to evidence fulfillment of the conditions set forth in this Agreement
        and the transactions contemplated hereby as the Purchaser and their respective
        counsel may reasonably request.

       

      (b)  The
        obligations of each Mortgage Loan Seller under this Agreement shall be subject
        to the satisfaction, on or prior to the Closing Date, of the following
        conditions:

       

      (1)  The
        obligations of the Purchaser required to be performed by it on or prior to
        the
        Closing Date pursuant to the terms of this Agreement shall have been duly
        performed and complied with in all material respects, and all of the
        representations and warranties of the Purchaser under this Agreement shall
        be
        true and correct in all material respects as of the date hereof and as of
        the
        Closing Date, and no event shall have occurred which would constitute a breach
        by it of the terms of this Agreement or the Pooling and Servicing Agreement,
        and
        each Mortgage Loan Seller shall have received a certificate to that effect
        signed by an authorized officer of the Purchaser.

       

      (2)  Each
        Mortgage Loan Seller shall have received copies of all of the following closing
        documents, in such forms as are agreed upon and reasonably acceptable to
        each
        Mortgage Loan Seller, duly executed by all signatories other than the related
        Mortgage Loan Seller as required pursuant to the respective terms
        thereof:

       

      (i)  The
        Pooling and Servicing Agreement, in form and substance reasonably satisfactory
        to EMC and the Trustee, and all documents required thereby duly executed
        by all
        signatories;

       

      (ii)  A
        certificate of an officer of the Purchaser dated as of the Closing Date,
        in a
        form reasonably acceptable to each Mortgage Loan Seller, and attached thereto
        the written consent of the member of the Purchaser authorizing the transactions
        contemplated by this Agreement, the Pooling and Servicing Agreement, together
        with copies of the Purchaser’s certificate of formation, limited liability
        company agreement and evidence as to the good standing of the Purchaser dated
        as
        of a recent date;

       

      (iii)  One
        or
        more opinions of counsel from the Purchaser’s counsel in form and substance
        reasonably satisfactory to each Mortgage Loan Seller, the Trustee and the
        Rating
        Agencies; and

       

      (iv)  Such
        other documents, certificates (including additional representations and
        warranties) and opinions as may be reasonably necessary to secure the intended
        rating from each Rating Agency for the Certificates.

       

      SECTION
        12.  Fees
        and Expenses.
        Subject
        to Section 17 hereof, EMC (on its own behalf as a Mortgage Loan Seller and
        on
        behalf of Master Funding) shall pay on the Closing Date or such later date
        as
        may be agreed to by the Purchaser (i) the fees and expenses of the Mortgage
        Loan
        Sellers’ attorneys and the reasonable fees and expenses of the Purchaser’s
        attorneys, (ii) the fees and expenses of Deloitte & Touche llp,
        (iii)
        the fee for the use of Purchaser’s Registration Statement based on the aggregate
        original principal amount of the Certificates and the filing fee of the
        Commission as in effect on the date on which the Registration Statement was
        declared effective, (iv) the fees and expenses including counsel’s fees and
        expenses in connection with any “blue sky” and legal investment matters, (v) the
        fees and expenses of the Trustee which shall include without limitation the
        fees
        and expenses of the Trustee (and the fees and disbursements of its counsel)
        with
        respect to (A) legal and document review of this Agreement, the Pooling and
        Servicing Agreement, the Certificates and related agreements, (B) attendance
        at
        the Closing and (C) review of the Mortgage Loans to be performed by the Trustee
        or the Custodian on its behalf, (vi) the expenses for printing or otherwise
        reproducing the Certificates, the Prospectus and the Prospectus Supplement,
        (vii) the fees and expenses of each Rating Agency (both initial and ongoing),
        (viii) the fees and expenses relating to the preparation and recordation
        of
        mortgage assignments (including intervening assignments, if any and if
        available, to evidence a complete chain of title from the originator to the
        Trustee) from each Mortgage Loan Seller to the Trustee or the expenses relating
        to the Opinion of Counsel referred to in Section 6(a) hereof, as the case
        may be
        and (ix) Mortgage File due diligence expenses and other out-of-pocket expenses
        incurred by the Purchaser in connection with the purchase of the Mortgage
        Loans
        and by Bear Stearns in connection with the sale of the Certificates. EMC
        (on its
        own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        additionally agrees to pay directly to any third party on a timely basis
        the
        fees provided for above which are charged by such third party and which are
        billed periodically.

       

      SECTION
        13.  Accountants’
        Letters. 

       

      (a)  Deloitte
        & Touche LLP
        will
        review the characteristics of a sample of the Mortgage Loans described in
        the
        Mortgage Loan Schedule and will compare those characteristics to the description
        of the Mortgage Loans contained in the Free Writing Prospectus under the
        captions “Summary—The Mortgage Loans” and “The Mortgage Pool” and in Schedule A
        thereto. Deloitte & Touche LLP
        will
        review the characteristics of a sample of the Mortgage Loans described in
        the
        Mortgage Loan Schedule and will compare those characteristics to the description
        of the Mortgage Loans contained in the Prospectus Supplement under the captions
        “Summary—The Mortgage Loans” and “The Mortgage Pool” and in Schedule A thereto.
        EMC (on its own behalf as a Mortgage Loan Seller and on behalf of Master
        Funding) will cooperate with the Purchaser in making available all information
        and taking all steps reasonably necessary to permit such accountants to complete
        the review and to deliver the letters required of them under the Underwriting
        Agreement. Deloitte & Touche LLP
        will
        also confirm certain calculations as set forth under the caption “Yield,
        Prepayment and Maturity Considerations” in the Free Writing Prospectus and in
        the Prospectus Supplement.

       

      (b)  To
        the
        extent statistical information with respect to EMC’s servicing portfolio is
        included in the Free Writing Prospectus and in the Prospectus Supplement
        under
        the caption “Servicing of the Mortgage Loans—The Master Servicer,” a letter from
        the certified public accountant for EMC will be delivered to the Purchaser
        dated
        the date of the Prospectus Supplement, in the form previously agreed to by
        EMC
        and the Purchaser, with respect to such statistical information.

       

      SECTION
        14.  Indemnification. 

       

      (a)  EMC
        (on
        its own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        shall
        indemnify and hold harmless the Purchaser and its directors, officers and
        controlling persons (as defined in Section 15 of the Securities Act) from
        and
        against any loss, claim, damage or liability or action in respect thereof,
        to
        which they or any of them may become subject, under the Securities Act or
        otherwise, insofar as such loss, claim, damage, liability or action arises
        out
        of, or is based upon any untrue statement of a material fact contained in
        the
Mortgage
        Loan Sellers’ Information
        as
        identified in Exhibit
        3,
        the
        omission to state in the Free Writing Prospectus, the Prospectus Supplement
        or
        Prospectus (or any amendment thereof or supplement thereto approved by EMC
        (on
        its own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        and in
        which additional Mortgage Loan Sellers’ Information is identified), in reliance
        upon and in conformity with Mortgage Loan Sellers’ Information a material fact
        required to be stated therein or necessary to make the statements therein
        in
        light of the circumstances in which they were made, not misleading, and EMC
        (on
        its own behalf as a Mortgage Loan Seller and on behalf of Master Funding)
        shall
        reimburse the Purchaser and each other indemnified party for any legal and
        other
        expenses reasonably incurred by them in connection with investigating or
        defending or preparing to defend against any such loss, claim, damage, liability
        or action.

       

      The
        foregoing indemnity agreement is in addition to any liability which EMC or
        Master Funding otherwise may have to the Purchaser or any other such indemnified
        party.

       

      (b)  The
        Purchaser shall indemnify and hold harmless each Mortgage Loan Seller and
        its
        respective directors, officers and controlling persons (as defined in Section
        15
        of the Securities Act) from and against any loss, claim, damage or liability
        or
        action in respect thereof, to which they or any of them may become subject,
        under the Securities Act or otherwise, insofar as such loss, claim, damage,
        liability or action arises out of, or is based upon any untrue statement
        of a
        material fact contained in the Purchaser’s
        Information
        as
        identified in Exhibit
        4,
        the
        omission to state in the Prospectus Supplement or Prospectus (or any amendment
        thereof or supplement thereto approved by the Purchaser and in which additional
        Purchaser’s Information is identified), in reliance upon and in conformity with
        the Purchaser’s Information, a material fact required to be stated therein or
        necessary to make the statements therein in light of the circumstances in
        which
        they were made, not misleading, and the Purchaser shall reimburse each Mortgage
        Loan Seller, and each other indemnified party for any legal and other expenses
        reasonably incurred by them in connection with investigating or defending
        or
        preparing to defend any such loss, claim, damage, liability or action. The
        foregoing indemnity agreement is in addition to any liability which the
        Purchaser otherwise may have to the Mortgage Loan Sellers, or any other such
        indemnified party.

       

      (c)  Promptly
        after receipt by an indemnified party under subsection (a) or (b) above of
        notice of the commencement of any action, such indemnified party shall, if
        a
        claim in respect thereof is to be made against the indemnifying party under
        such
        subsection, notify each party against whom indemnification is to be sought
        in
        writing of the commencement thereof (but the failure so to notify an
        indemnifying party shall not relieve it from any liability which it may have
        under this Section 14 except to the extent that it has been prejudiced in
        any
        material respect by such failure or from any liability which it may have
        otherwise). In case any such action is brought against any indemnified party,
        and it notifies an indemnifying party of the commencement thereof, the
        indemnifying party will be entitled to participate therein and, to the extent
        it
        may elect by written notice delivered to the indemnified party promptly (but,
        in
        any event, within 30 days) after receiving the aforesaid notice from such
        indemnified party, to assume the defense thereof with counsel reasonably
        satisfactory to such indemnified party. Notwithstanding the foregoing, the
        indemnified party or parties shall have the right to employ its or their
        own
        counsel in any such case, but the fees and expenses of such counsel shall
        be at
        the expense of such indemnified party or parties unless (i) the employment
        of
        such counsel shall have been authorized in writing by one of the indemnifying
        parties in connection with the defense of such action, (ii) the indemnifying
        parties shall not have employed counsel to have charge of the defense of
        such
        action within a reasonable time after notice of commencement of the action,
        or
        (iii) such indemnified party or parties shall have reasonably concluded that
        there is a conflict of interest between itself or themselves and the
        indemnifying party in the conduct of the defense of any claim or that the
        interests of the indemnified party or parties are not substantially co-extensive
        with those of the indemnifying party (in which case the indemnifying parties
        shall not have the right to direct the defense of such action on behalf of
        the
        indemnified party or parties), in any of which events such fees and expenses
        shall be borne by the indemnifying parties (provided,
        however,
        that
        the indemnifying party shall be liable only for the fees and expenses of
        one
        counsel in addition to one local counsel in the jurisdiction involved. Anything
        in this subsection to the contrary notwithstanding, an indemnifying party
        shall
        not be liable for any settlement or any claim or action effected without
        its
        written consent; provided,
        however,
        that
        such consent was not unreasonably withheld.

       

      (d)  If
        the
        indemnification provided for in paragraphs (a) and (b) of this Section 14
        shall
        for any reason be unavailable to an indemnified party in respect of any loss,
        claim, damage or liability, or any action in respect thereof, referred to
        in
        Section 14, then the indemnifying party shall in lieu of indemnifying the
        indemnified party contribute to the amount paid or payable by such indemnified
        party as a result of such loss, claim, damage or liability, or action in
        respect
        thereof, in such proportion as shall be appropriate to reflect the relative
        benefits received by the Mortgage Loan Sellers on the one hand and the Purchaser
        on the other from the purchase and sale of the Mortgage Loans, the offering
        of
        the Certificates and the other transactions contemplated hereunder. No person
        found liable for a fraudulent misrepresentation shall be entitled to
        contribution from any person who is not also found liable for such fraudulent
        misrepresentation.

       

      (e)  The
        parties hereto agree that reliance by an indemnified party on any publicly
        available information or any information or directions furnished by an
        indemnifying party shall not constitute negligence, bad faith or willful
        misconduct by such indemnified party.

       

      SECTION
        15.  Notices.
        All
        demands, notices and communications hereunder shall be in writing but may
        be
        delivered by facsimile transmission subsequently confirmed in writing. Notices
        to EMC shall be directed to EMC Mortgage Corporation, 2780 Lake Vista Drive,
        Lewisville, Texas 75067, (Facsimile: (469-759-4714)) Attention: President
        or
        General Counsel; notices to Master Funding shall be directed to Master Funding
        LLC, Two Mac Arthur Ridge, 909 Hidden Ridge Drive, Suite 200 Irving, Texas
        75038
        (Facsimile: (972-444-2880)) Attention: Mark Novacheck; and notices to the
        Purchaser shall be directed to Bear Stearns Asset Backed Securities I LLC,
        383
        Madison Avenue, New York, New York 10179, (Telecopy: (212-272-7206)), Attention:
        Chief Counsel; or to any other address as may hereafter be furnished by one
        party to the other party by like notice.  Any such demand, notice or
        communication hereunder shall be deemed to have been received on the date
        received at the premises of the addressee (as evidenced, in the case of
        registered or certified mail, by the date noted on the return receipt) provided
        that it is received on a business day during normal business hours and, if
        received after normal business hours, then it shall be deemed to be received
        on
        the next business day.

       

      SECTION
        16.  Transfer
        of Mortgage Loans.
        The
        Purchaser retains the right to assign the Mortgage Loans and any or all of
        its
        interest under this Agreement to the Trustee without the consent of the Mortgage
        Loan Sellers, and, upon such assignment, the Trustee shall succeed to the
        applicable rights and obligations of the Purchaser hereunder; provided, however,
        the Purchaser shall remain entitled to the benefits set forth in Sections
        12, 14
        and 18 hereto and as provided in Section 2(a). Notwithstanding the foregoing,
        the sole and exclusive right and remedy of the Trustee with respect to a
        breach
        of representation or warranty of the Mortgage Loan Sellers shall be the cure,
        purchase or substitution obligations of EMC contained in Sections 5 and 7
        hereof.

       

      SECTION
        17.  Termination.
        This
        Agreement may be terminated (a) by the mutual consent of the parties hereto
        prior to the Closing Date, (b) by the Purchaser, if the conditions to the
        Purchaser’s obligation to close set forth under Section 11(a) hereof are not
        fulfilled as and when required to be fulfilled or (c) by any Mortgage Loan
        Seller, if the conditions to the Mortgage Loan Sellers’ obligation to close set
        forth under Section 11(b) hereof are not fulfilled as and when required to
        be
        fulfilled. In the event of termination pursuant to clause (b), EMC (on its
        own
        behalf as a Mortgage Loan Seller and on behalf of Master Funding) shall pay,
        and
        in the event of termination pursuant to clause (c), the Purchaser shall pay,
        all
        reasonable out-of-pocket expenses incurred by the other in connection with
        the
        transactions contemplated by this Agreement. In the event of a termination
        pursuant to clause (a), each party shall be responsible for its own
        expenses.

       

      SECTION
        18.  Representations,
        Warranties and Agreements to Survive Delivery.
        All
        representations, warranties and agreements contained in this Agreement, or
        contained in certificates of officers of the Mortgage Loan Sellers submitted
        pursuant hereto, shall remain operative and in full force and effect and
        shall
        survive delivery of the Mortgage Loans to the Purchaser (and by the Purchaser
        to
        the Trustee). Subsequent to the delivery of the Mortgage Loans to the Purchaser,
        each of EMC’s representations and warranties contained herein with respect to
        the Mortgage Loans shall be deemed to relate to the Mortgage Loans actually
        delivered to the Purchaser and included in the Mortgage Loan Schedule and
        any
        Replacement Mortgage Loan.

       

      SECTION
        19.  Severability.
        If any
        provision of this Agreement shall be prohibited or invalid under applicable
        law,
        this Agreement shall be ineffective only to such extent, without invalidating
        the remainder of this Agreement.

       

      SECTION
        20.  Counterparts.
        This
        Agreement may be executed in counterparts, each of which will be an original,
        but which together shall constitute one and the same agreement.

       

      SECTION
        21.  Amendment.
        This
        Agreement cannot be amended or modified in any manner without the prior written
        consent of each party.

       

      SECTION
        22.  GOVERNING
        LAW.
        THIS
        AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS
        OF
        THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF
        LAWS
        PRINCIPLES THEREOF OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS
        LAW.

       

      SECTION
        23.  Further
        Assurances.
        Each of
        the parties agrees to execute and deliver such instruments and take such
        actions
        as another party may, from time to time, reasonably request in order to
        effectuate the purpose and to carry out the terms of this Agreement including
        any amendments hereto which may be required by either Rating
        Agency.

       

      SECTION
        24.  Successors
        and Assigns.
        This
        Agreement shall bind and inure to the benefit of and be enforceable by each
        of
        the Mortgage Loan Sellers and the Purchaser and their permitted successors
        and
        assigns and, to the extent specified in Section 14 hereof, Bear Stearns,
        and
        their directors, officers and controlling persons (within the meaning of
        federal
        securities laws). The Mortgage Loan Sellers acknowledge and agree that the
        Purchaser may assign its rights under this Agreement (including, without
        limitation, with respect to the EMC’s representations and warranties respecting
        the Mortgage Loans) to the Trustee. Any person into which any Mortgage Loan
        Seller may be merged or consolidated (or any person resulting from any merger
        or
        consolidation involving such Mortgage Loan Seller), any person resulting
        from a
        change in form of such Mortgage Loan Seller or any person succeeding to the
        business of such Mortgage Loan Seller, shall be considered the “successor” of
        such Mortgage Loan Seller hereunder and shall be considered a party hereto
        without the execution or filing of any paper or any further act or consent
        on
        the part of any party hereto. Except as provided in the two preceding sentences,
        this Agreement cannot be assigned, pledged or hypothecated by either party
        hereto without the written consent of the other parties to this Agreement
        and
        any such assignment or purported assignment shall be deemed null and
        void.

       

      SECTION
        25.  The
        Mortgage Loan Sellers.
        The
        Mortgage Loan Sellers will keep in full force and effect its existence, all
        rights and franchises as a corporation under the laws of the State of its
        incorporation and will obtain and preserve its qualification to do business
        as a
        foreign corporation in each jurisdiction in which such qualification is
        necessary to perform its obligations under this Agreement.

       

      SECTION
        26.  Entire
        Agreement.
        This
        Agreement contains the entire agreement and understanding between the parties
        with respect to the subject matter hereof, and supersedes all prior and
        contemporaneous agreements, understandings, inducements and conditions, express
        or implied, oral or written, of any nature whatsoever with respect to the
        subject matter hereof.

       

      SECTION
        27.  No
        Partnership.
        Nothing
        herein contained shall be deemed or construed to create a partnership or
        joint
        venture between the parties hereto.

       

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

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

       

      EMC
        MORTGAGE CORPORATION

       

      

       

      By:_____________________________________

      Name:

      Title:

       

      BEAR
        STEARNS ASSET BACKED SECURITIES I LLC

       

      By:______________________________________

      Name: Joseph
        Jurkowski, Jr. 

      Title: Vice
        President

       

      MASTER
        FUNDING LLC

       

      By:______________________________________

      Name:
        

      Title:

       

      

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      EXHIBIT
        1

       

      CONTENTS
        OF MORTGAGE FILE

       

      With
        respect to each Mortgage Loan, the Mortgage File shall include each of the
        following items, which shall be available for inspection by the Purchaser
        or its
        designee, and which shall be delivered to the Purchaser or its designee pursuant
        to the terms of this Agreement.

       

      (i)  The
        original Mortgage Note, including any riders thereto, endorsed without recourse
        to the order of blank or to “LaSalle Bank National Association, as Trustee for
        certificateholders of Bear Stearns Asset Backed Securities I LLC, Asset-Backed
        Certificates, Series 2006-HE7,” and showing to the extent available to the
        related Mortgage Loan Seller an unbroken chain of endorsements from the original
        payee thereof to the Person endorsing it to the Trustee;

       

      (ii)  The
        original Mortgage and, if the related Mortgage Loan is a MOM Loan, noting
        the
        presence of the MIN and language indicating that such Mortgage Loan is a
        MOM
        Loan, which shall have been recorded (or if the original is not available,
        a
        copy), with evidence of such recording indicated thereon (or if clause (x)
        in
        the proviso below applies, shall be in recordable form);

       

      (iii)  Unless
        the Mortgage Loan is either a MOM Loan or has been assigned in the name of
        MERS,
        the assignment (either an original or a copy, which may be in the form of
        a
        blanket assignment if permitted in the jurisdiction in which the Mortgaged
        Property is located) to the Trustee of the Mortgage with respect to each
        Mortgage Loan in the name of “LaSalle Bank National Association, as Trustee for
        certificateholders of Bear Stearns Asset Backed Securities I LLC, Asset-Backed
        Certificates, Series 2006-HE7,” which shall have been recorded (or if clause (x)
        in the proviso below applies, shall be in recordable form);

       

      (iv)  An
        original or a copy of all intervening assignments of the Mortgage, if any,
        to
        the extent available to the related Mortgage Loan Seller, with evidence of
        recording thereon;

       

      (v)  The
        original policy of title insurance or mortgagee’s certificate of title insurance
        or commitment or binder for title insurance, if available, or a copy thereof,
        or, in the event that such original title insurance policy is unavailable,
        a
        photocopy thereof, or in lieu thereof, a current lien search on the related
        Mortgaged Property and

       

      (vi)  Originals
        or copies of all available assumption, modification or substitution agreements,
        if any; provided, however, that in lieu of the foregoing, the related Mortgage
        Loan Seller may deliver the following documents, under the circumstances
        set
        forth below: (x) if any Mortgage, assignment thereof to the Trustee or
        intervening assignments thereof have been delivered or are being delivered
        to
        recording offices for recording and have not been returned in time to permit
        their delivery as specified above, the related Mortgage Loan Seller may deliver
        a true copy thereof with a certification by the related Mortgage Loan Seller
        or
        the Master Servicer, on the face of such copy, substantially as follows:
        “Certified to be a true and correct copy of the original, which has been
        transmitted for recording”; (y) in lieu of the Mortgage, assignments to the
        Trustee or intervening assignments thereof, if the applicable jurisdiction
        retains the originals of such documents or if the originals are lost (in
        each
        case, as evidenced by a certification from the related Mortgage Loan Seller
        or
        the Master Servicer to such effect), the related Mortgage Loan Seller may
        deliver photocopies of such documents containing an original certification
        by
        the judicial or other governmental authority of the jurisdiction where such
        documents were recorded; and (z) in lieu of the Mortgage Notes relating to
        the
        Mortgage Loans identified in the list set forth in Exhibit I to the Pooling
        and
        Servicing Agreement, the related Mortgage Loan Seller may deliver a lost
        note
        affidavit and indemnities of the related Mortgage Loan Seller; and provided,
        further, however, that in the case of Mortgage Loans which have been prepaid
        in
        full after the Cut-Off Date and prior to the Closing Date, the related Mortgage
        Loan Seller, in lieu of delivering the above documents, may deliver to the
        Trustee a certification by the related Mortgage Loan Seller or the Master
        Servicer to such effect. In the case of the documents referred to in clause
        (x)
        above, the related Mortgage Loan Seller shall deliver such documents to the
        Trustee or its Custodian promptly after they are received. EMC (on its own
        behalf as a Mortgage Loan Seller and on behalf of Master Funding) shall cause,
        at its expense, the Mortgage and intervening assignments, if any, and to
        the
        extent required in accordance with the foregoing, the assignment of the Mortgage
        to the Trustee to be submitted for recording promptly after the Closing Date;
        provided that EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of
        Master Funding) need not cause to be recorded any assignment (a) in any
        jurisdiction under the laws of which, as evidenced by an Opinion of Counsel
        addressed to the Trustee delivered by EMC (on its own behalf as a Mortgage
        Loan
        Seller and on behalf of Master Funding) to the Trustee, and the Rating Agencies,
        the recordation of such assignment is not necessary to protect the Trustee’s
        interest in the related Mortgage Loan or (b) if MERS is identified on the
        Mortgage or on a properly recorded assignment of the Mortgage as mortgagee
        of
        record solely as nominee for EMC (on its own behalf as a Mortgage Loan Seller
        and on behalf of Master Funding) and its successors and assigns. In the event
        that EMC (on its own behalf as a Mortgage Loan Seller and on behalf of Master
        Funding), the Purchaser or the Master Servicer gives written notice to the
        Trustee that a court has recharacterized the sale of the Mortgage Loans as
        a
        financing, EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of
        Master Funding) shall submit or cause to be submitted for recording as specified
        above or, should EMC (on its own behalf as a Mortgage Loan Seller and on
        behalf
        of Master Funding) fail to perform such obligations, the Master Servicer
        shall
        cause each such previously unrecorded assignment to be submitted for recording
        as specified above at the expense of the Trust. In the event a Mortgage File
        is
        released to EMC (on its own behalf as a Mortgage Loan Seller and on behalf
        of
        Master Funding) or the Master Servicer as a result of such Person having
        completed a Request for Release, the Custodian shall, if not so completed,
        complete the assignment of the related Mortgage in the manner specified in
        clause (iii) above.

       

      

      

      

      EXHIBIT
        2

      MORTGAGE
        LOAN SCHEDULE INFORMATION

      

      The
        Mortgage Loan Schedule shall set forth the following information with respect
        to
        each Mortgage Loan: 

      

      (a)  the
        city,
        state and zip code of the Mortgaged Property; 

      (b)  the
        property type;

      (c)  the
        Mortgage Rate;

      (d)  the
        Servicing Fee Rate;

      (e)  the
        Master Servicer’s Fee Rate;

      (f)  the
        LPMI
        Fee, if applicable;

      (g)  the
        Trustee Fee Rate, if applicable;

      (h)  the
        Net
        Rate;

      (i)  the
        maturity date;

      (j)  the
        stated original term to maturity;

      (k)  the
        stated remaining term to maturity;

      (l)  the
        original Principal Balance;

      (m)  the
        first
        payment date;

      (n)  the
        principal and interest payment in effect as of the Cut-off Date;

      (o)  the
        unpaid Principal Balance as of the Cut-off Date;

      (p)  the
        Loan-to-Value Ratio at origination;

      (q)  the
        insurer of any Primary Mortgage Insurance Policy;

      (r)  the
        MIN
        with respect to each MOM Loan;

      (s)  the
        Gross
        Margin, if applicable;

      (t)  the
        next
        Adjustment Date, if applicable;

      (u)  the
        Maximum Lifetime Mortgage Rate, if applicable;

      (v)  the
        Minimum Lifetime Mortgage Rate, if applicable;

      (w)  the
        Periodic Rate Cap, if applicable; 

      (x)  the
        Loan
        Group, if applicable;

      (y)  a
        code
        indicating whether the Mortgage Loan is negatively amortizing;

      
        	(z)     
                 	
                which
                  Mortgage Loans adjust after an initial fixed-rate period of one,
                  two,
                  three, five, seven or ten years or any other period;
                  

              

      

      (aa)  the
        Prepayment Charge, if any;

      (bb)  lien
        position (e.g., first lien or second lien);

      (cc)  a
        code
        indicating whether the Mortgage Loan is has a balloon payment;

      (dd)  a
        code
        indicating whether the Mortgage Loan is an interest-only loan; 

      (ee)  the
        interest-only term, if applicable;

      (ff)  the
        Mortgage Loan Seller; and

      (gg)  the
        original amortization term.

      

      Such
        schedule also shall set forth for all of the Mortgage Loans, the total number
        of
        Mortgage Loans, the total of each of the amounts described under (n) and
        (j)
        above, the weighted average by principal balance as of the Cut-off Date of
        each
        of the rates described under (c) through (h) above, and the weighted average
        remaining term to maturity by unpaid principal balance as of the Cut-off
        Date.

       

      

      

      

      EXHIBIT
        3

       

      MORTGAGE
        LOAN SELLERS’ INFORMATION

       

      All
        information in the Prospectus Supplement described under the following captions:
        “SUMMARY — The Mortgage Loans,” “THE MORTGAGE POOL”, “THE SPONSOR” and “SCHEDULE
        A — Mortgage Loan Statistical Data.”

       

      

      

      

      EXHIBIT
        4

       

      PURCHASER’S
        INFORMATION

       

      All
        information in the Prospectus Supplement and the Prospectus, except the Mortgage
        Loan Sellers’ Information. 

       

      

      

      

      EXHIBIT
        5

       

      SCHEDULE
        OF LOST NOTES

       

      Available
        Upon Request

      

      

      

      EXHIBIT
        6

       

      REVISED
        April 18, 2006

      

      APPENDIX
        E - Standard & Poor’s Predatory Lending Categories

       

      Standard
        & Poor’s has categorized loans governed by anti-predatory lending laws in
        the Jurisdictions listed below into three categories based upon a combination
        of
        factors that include (a) the risk exposure associated with the assignee
        liability and (b) the tests and thresholds set forth in those laws. Note
        that
        certain loans classified by the relevant statute as Covered are included
        in
        Standard & Poor’s High Cost Loan Category because they included thresholds
        and tests that are typical of what is generally considered High Cost by the
        industry.

       

      Standard
        & Poor’s High Cost Loan Categorization

       

      

        
          	
                  State/Jurisdiction

                	
                  Name
                    of Anti-Predatory Lending

                  Law/Effective
                    Date

                	
                  Category
                    under

                  Applicable
                    Anti- 

                  Predatory
                    Lending Law

                
	
                   

                  Arkansas

                	
                   

                  Arkansas
                    Home Loan Protection Act,

                  Ark.
                    Code Ann. §§ 23-53-101 et
                    seq.

                   

                  Effective
                    July 16, 2003

                	
                   

                  High
                    Cost Home Loan

                
	
                   

                  Cleveland
                    Heights, OH

                	
                   

                  Ordinance
                    No. 72-2003 (PSH), Mun.

                  Code
                    §§ 757.01 et
                    seq.

                   

                  Effective
                    June 2, 2003

                	
                  Covered
                    Loan

                
	
                  Colorado

                	
                  Consumer
                    Equity Protection, Colo. Stat.

                  Ann.
                    §§ 5-3.5-101 et
                    seq.

                   

                  Effective
                    for covered loans offered or entered into on or after January
                    1, 2003.
                    Other provisions of the Act took effect on June 7, 2002

                	
                  Covered
                    Loan

                
	
                  Connecticut

                	
                  Connecticut
                    Abusive Home Loan

                  Lending
                    Practices Act, Conn. Gen. Stat.

                  §§
                    36a-746 et
                    seq.

                   

                  Effective
                    October 1, 2001

                	
                  High
                    Cost Home Loan

                
	
                  District
                    of Columbia

                	
                  Home
                    Loan Protection Act, D.C. Code

                  §§
                    26-1151.01 et
                    seq.

                   

                  Effective
                    for loans closed on or after January 28, 2003

                	
                  Covered
                    Loan

                
	
                  Florida

                	
                  Fair
                    Lending Act, Fla. Stat. Ann. §§

                  494.0078
                    et
                    seq.

                   

                  Effective
                    October 2, 2002

                	
                  High
                    Cost Home Loan

                

        

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      

      

        
          	
                  State/Jurisdiction

                	
                  Name
                    of Anti-Predatory Lending

                  Law/Effective
                    Date

                	
                  Category
                    under

                  Applicable
                    Anti- 

                  Predatory
                    Lending Law

                
	
                  Georgia
                    (Oct. 1, 2002 -

                  Mar.
                    6, 2003)

                	
                  Georgia
                    Fair Lending Act, Ga. Code

                  Ann.
                    §§ 7-6A-1 et
                    seq.

                   

                  Effective
                    October 1, 2002 - March 6 2003

                	
                  High
                    Cost Home Loan

                
	
                  Georgia
                    as amended

                  (Mar.
                    7, 2003 - current)

                	
                  Georgia
                    Fair Lending Act, Ga. Code

                  Ann.
                    §§ 7-6A-1 et
                    seq.

                   

                  Effective
                    for loans closed on or after

                  March
                    7, 2003

                	
                  High
                    Cost Home Loan

                
	
                  HOEPA
                    Section 32

                	
                  Home
                    Ownership and Equity Protection

                  Act
                    of 1994, 15 U.S.C. § 1639, 12

                  C.F.R.
                    §§ 226.32 and 226.34

                   

                  Effective
                    October 1, 1995, amendments

                  October
                    1, 2002

                	
                  High
                    Cost Loan

                
	
                  Illinois

                	
                  High
                    Risk Home Loan Act, Ill. Comp.

                  Stat.
                    tit. 815, §§ 137/5 et
                    seq.

                   

                  Effective
                    January 1, 2004 (prior to this date, regulations under
                    Residential

                  Mortgage
                    License Act effective from May 14, 2001)

                	
                  High
                    Risk Home Loan

                
	
                  Kansas

                	
                  Consumer
                    Credit Code, Kan. Stat. Ann.

                  §§
                    16a-1-101 et
                    seq.

                   

                  Sections
                    16a-1-301 and 16a-3-207 became effective April 14, 1999;

                  Section
                    16a-3-308a became effective July 1, 1999

                	
                  High
                    Loan to Value Consumer Loan (id.
§
                    16a-3-207) and;

                
	
                  High
                    APR Consumer Loan (id.
§
                    16a-3-308a)

                
	
                  Kentucky

                	
                  2003
                    KY H.B. 287 - High Cost Home

                  Loan
                    Act, Ky. Rev. Stat. §§ 360.100 et seq.

                   

                  Effective
                    June 24, 2003

                	
                  High
                    Cost Home Loan

                
	
                  Maine

                	
                  Truth
                    in Lending, Me. Rev. Stat. tit. 9-

                  A,
                    §§ 8-101 et
                    seq.

                   

                  Effective
                    September 29, 1995 and as amended from time to time

                	
                  High
                    Rate High Fee Mortgage

                
	 	 	 
	
                  State/Jurisdiction

                	
                  Name
                    of Anti-Predatory Lending

                  Law/Effective
                    Date

                	
                  Category
                    under

                  Applicable
                    Anti- 

                  Predatory
                    Lending Law

                
	
                  Massachusetts

                	
                  Part
                    40 and Part 32, 209 C.M.R. §§

                  32.00
                    et
                    seq.
                    and 209 C.M.R. §§ 40.01 et
                    seq.

                   

                  Effective
                    March 22, 2001 and amended from time to time

                	
                  High
                    Cost Home Loan

                
	
                  Nevada

                	
                  Assembly
                    Bill No. 284, Nev. Rev. Stat.

                  §§
                    598D.010 et
                    seq.

                   

                  Effective
                    October 1, 2003

                	
                  Home
                    Loan

                
	
                  New
                    Jersey

                	
                  New
                    Jersey Home Ownership Security

                  Act
                    of 2002, N.J. Rev. Stat. §§ 46:10B- 22 et
                    seq.

                   

                  Effective
                    for loans closed on or after November 27, 2003

                	
                  High
                    Cost Home Loan

                
	
                  New
                    Mexico

                	
                  Home
                    Loan Protection Act, N.M. Rev.

                  Stat.
                    §§ 58-21A-1 et
                    seq.

                   

                  Effective
                    as of January 1, 2004; Revised

                  as
                    of February 26, 2004

                	
                  High
                    Cost Home Loan

                
	
                  New
                    York

                	
                  N.Y.
                    Banking Law Article 6-1

                   

                  Effective
                    for applications made on or after April 1, 2003

                	
                  High
                    Cost Home Loan

                
	
                  North
                    Carolina

                	
                  Restrictions
                    and Limitations on High

                  Cost
                    Home Loans, N.C. Gen. Stat. §§ 24-1.1E et
                    seq.

                   

                  Effective
                    July 1, 2000; amended October 1, 2003 (adding open-end lines
                    of
                    credit)

                	
                  High
                    Cost Home Loan

                
	
                  Ohio

                	
                  H.B.
                    386 (codified in various sections of the Ohio Code), Ohio Rev.
                    Code Ann.
                    §§ 1349.25 et
                    seq.

                   

                  Effective
                    May 24, 2002

                	
                  Covered
                    Loan

                
	
                  Oklahoma

                	
                  Consumer
                    Credit Code (codified in various sections of Title 14A)

                   

                  Effective
                    July 1, 2000; amended effective January 1, 2004

                	
                  Subsection
                    10 Mortgage

                
	 	 	 
	
                  State/Jurisdiction

                	
                  Name
                    of Anti-Predatory Lending

                  Law/Effective
                    Date

                	
                  Category
                    under

                  Applicable
                    Anti- 

                  Predatory
                    Lending Law

                
	
                  South
                    Carolina

                	
                  South
                    Carolina High Cost and

                  Consumer
                    Home Loans Act, S.C. Code

                  Ann.
                    §§ 37-23-10 et
                    seq.

                   

                  Effective
                    for loans taken on or after January 1, 2004

                	
                  High
                    Cost Home Loan

                
	
                  West
                    Virginia

                	
                  West
                    Virginia Residential Mortgage Lender, Broker and Servicer Act,
                    W.

                  Va.
                    Code Ann. §§ 31-17-1 et
                    seq.

                   

                  Effective
                    June 5, 2002

                	
                  West
                    Virginia Mortgage Loan Act
                    Loan

                

        

      

      

      Standard
        & Poor’s Covered Loan Categorization

        

         

        
          	
                  State/Jurisdiction

                	
                  Name
                    of Anti-Predatory Lending

                  Law/Effective
                    Date

                	
                  Category
                    under

                  Applicable
                    Anti- 

                  Predatory
                    Lending Law

                
	
                  Georgia
                    (Oct. 1, 2002 -

                  Mar.
                    6, 2003)

                	
                  Georgia
                    Fair Lending Act, Ga. Code

                  Ann.
                    §§ 7-6A-1 et
                    seq.

                   

                  Effective
                    October 1, 2002 - March 6, 2003

                	
                  Covered
                    Loan

                
	
                  New
                    Jersey

                	
                  New
                    Jersey Home Ownership Security

                  Act
                    of 2002, N.J. Rev. Stat. §§ 46:10B 22 et
                    seq.

                   

                  Effective
                    November 27, 2003 - July 5, 2004

                	
                  Covered
                    Home Loan

                

        

        

        Standard
          & Poor’s Home Loan Categorization

         

        
          	
                  State/Jurisdiction

                	
                  Name
                    of Anti-Predatory Lending

                  Law/Effective
                    Date

                	
                  Category
                    under

                  Applicable
                    Anti- 

                  Predatory
                    Lending Law

                
	
                  Georgia
                    (Oct. 1, 2002 -

                  Mar.
                    6, 2003)

                	
                  Georgia
                    Fair Lending Act, Ga. Code

                  Ann.
                    §§ 7-6A-1 et
                    seq.

                   

                  Effective
                    October 1, 2002 - March 6, 2003

                	
                  Home
                    Loan

                
	
                  New
                    Jersey

                	
                  New
                    Jersey Home Ownership Security

                  Act
                    of 2002, N.J. Rev. Stat. §§ 46:10B- 22 et
                    seq.

                   

                  Effective
                    for loans closed on or after November 27, 2003

                	
                  Home
                    Loan

                
	
                  New
                    Mexico

                	
                  Home
                    Loan Protection Act, N.M. Rev. Stat. §§ 58-21A-1 et
                    seq.

                   

                  Effective
                    as of January 1, 2004; Revised as of February 26, 2004

                	
                  Home
                    Loan

                
	
                  North
                    Carolina

                	
                  Restrictions
                    and Limitations on High Cost Home Loans, N.C. Gen. Stat. §§

                  24-1.1E
                    et
                    seq.

                   

                  Effective
                    July 1, 2000; amended October 1, 2003 (adding open-end lines
                    of
                    credit)

                	
                  Consumer
                    Home Loan

                
	
                  South
                    Carolina

                	
                  South
                    Carolina High Cost and Consumer Home Loans Act, S.C. Code Ann.
§§ 37-23-10
                    et
                    seq.

                   

                  Effective
                    for loans taken on or after January 1, 2004

                	
                  Consumer
                    Home Loan 

                

        

        

        

      

      

      

      

      

      SCHEDULE
        A

       

      REQUIRED
        RATINGS FOR EACH CLASS OF CERTIFICATES

       

      Group
        I Public Certificates

      

      
        	
                Class

              	
                Fitch

              	
                Moody’s

              
	
                I-A-1

              	
                AAA

              	
                Aaa

              
	
                I-A-2

              	
                AAA

              	
                Aaa

              
	
                I-A-3

              	
                AAA

              	
                Aaa

              
	
                I-M-1

              	
                AA+

              	
                Aa1

              
	
                I-M-2

              	
                AA

              	
                Aa2

              
	
                I-M-3

              	
                AA-

              	
                Aa3

              
	
                I-M-4

              	
                A+

              	
                A1

              
	
                I-M-5

              	
                A

              	
                A2

              
	
                I-M-6

              	
                A-

              	
                A3

              
	
                I-M-7

              	
                BBB+

              	
                Baa1

              
	
                I-M-8

              	
                BBB

              	
                Baa2

              
	
                I-M-9

              	
                BBB-

              	
                Baa3

              
	 	 	 

      

       

      
        	
                 

                Group
                  II Public Certificates

              
	 	 	 
	
                Class

              	
                S&P

              	
                Moody’s

              
	
                II-1A-1

              	
                AAA

              	
                Aaa

              
	
                II-1A-2

              	
                AAA

              	
                Aaa

              
	
                II-1A-3

              	
                AAA

              	
                Aaa

              
	
                II-2A

              	
                AAA

              	
                Aaa

              
	
                II-M-1

              	
                AA+

              	
                Aa1

              
	
                II-M-2

              	
                AA

              	
                Aa2

              
	
                II-M-3

              	
                AA-

              	
                Aa3

              
	
                II-M-4

              	
                A+

              	
                A1

              
	
                II-M-5

              	
                A

              	
                A2

              
	
                II-M-6

              	
                A-

              	
                A3

              
	
                II-M-7

              	
                BBB+

              	
                Baa1

              
	
                II-M-8

              	
                BBB

              	
                Baa2

              
	
                II-M-9

              	
                BBB-

              	
                Baa3

              

      

       

      None
        of
        the above ratings has been lowered, qualified or withdrawn since the dates
        of
        issuance of such ratings by the Rating Agencies.

       

      

      Group
        I Private Certificates

      

      
        	
                Class

              	
                Fitch

              	
                Moody’s

              
	
                I-M-10

              	
                BB+

              	
                Ba1

              
	
                I-M-11

              	
                BB

              	
                Ba2

              
	
                I-CE

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                I-P

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                I-R-1

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                I-R-2

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                I-R-3

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                I-RX

              	
                Not
                  Rated

              	
                Not
                  Rated

              

      

       

      
        	
                Group
                  II Private Certificates

              
	 	 	 
	
                Class

              	
                S&P

              	
                Moody’s

              
	
                II-M-10

              	
                BB+

              	
                Ba1

              
	
                II-M-11

              	
                BB

              	
                Ba2

              
	
                II-CE

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                II-P

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                II-R-1

              	
                Not
                  Rated

              	
                Not
                  Rated

              
	
                II-RX

              	
                Not
                  Rated

              	
                Not
                  Rated

              

      

       

      

      

       

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      EXHIBIT
        M

       

      GROUP
        I
        SWAP AGREEMENT

       

      

      

      

      BEAR
        STEARNS FINANCIAL PRODUCTS INC.

      383
        MADISON AVENUE

      NEW
        YORK,
        NEW YORK 10179

      212-272-4009

      

      
        	
                DATE:

              	
                August
                  30, 2006

              
	 	 
	
                TO:

              	
                LaSalle
                  Bank National Association, not individually, but solely as Group
                  I
                  Supplemental Interest Trust Trustee on behalf of the Group I Supplemental
                  Interest Trust with respect to Bear Stearns Asset Backed Securities
                  I
                  Trust 2006-HE7 Asset-Backed Certificates, Series 2006-HE7 (each
                  as defined
                  herein) 

              
	 	 
	
                ATTENTION:

              	
                Global
                  Securities and Trust Services Group - BSABS 2006-HE7

              
	 	 
	
                TELEPHONE:

              	
                (312)
                  904-4373

              
	
                FACSIMILE:

              	
                (312)
                  904-1368

              
	 	 
	
                FROM:

              	
                Derivatives
                  Documentation

              
	
                TELEPHONE:

              	
                212-272-2711
                  

              
	
                FACSIMILE: 

              	
                212-272-9857
                  

              
	 	 
	
                SUBJECT:

                 

              	
                Fixed
                  Income Derivatives Confirmation and Agreement 

                 

              
	
                REFERENCE
                  NUMBER:

              	
                FXNSC8574
                  

              

      

      

      The
        purpose of
        this
        letter agreement ("Agreement") is to confirm the terms and conditions of
        the
        current Transaction entered into on the Trade Date specified below (the
        "Transaction") between Bear Stearns Financial Products Inc. ("BSFP") and
        LaSalle
        Bank National Association, not individually, but solely as supplemental interest
        trust trustee (“Group I Supplemental Interest Trust Trustee”) on behalf of the
        Group I Supplemental Interest Trust Trust (the “Group I Supplemental Interest
        Trust”) with respect to Bear Stearns Asset Backed Securities I Trust 2006-HE7
        (“Counterparty”) created under the Pooling and Servicing Agreement dated as of
        August 1, 2006, among Bear Stearns Asset Backed Securities I LLC, as Depositor,
        EMC Mortgage Corporation, Seller and Master Servicer, and LaSalle Bank National
        Association, as Trustee (the “Pooling and Servicing Agreement”). This Agreement,
        which evidences a complete and binding agreement between you and us to enter
        into the Transaction on the terms set forth below, constitutes a "Confirmation"
        as referred to in the "ISDA Form Master Agreement" (as defined below), as
        well
        as a “Schedule” as referred to in the ISDA Form Master
        Agreement.

       

      1.  This
        Agreement is subject to the 2000
        ISDA Definitions (the
        “Definitions”), as published by the International Swaps and Derivatives
        Association, Inc. (“ISDA”). You and we have agreed to enter into this Agreement
        in lieu of negotiating a Schedule to the 1992 ISDA Master Agreement
        (Multicurrency—Cross Border) form (the "ISDA Form Master Agreement") but,
        rather, an ISDA Form Master Agreement shall be deemed to have been executed
        by
        you and us on the date we entered into the Transaction. Terms capitalized
        but
        not defined herein except
        in
        the Definitions
        shall
        have the respective meanings attributed to them in the Pooling and Servicing
        Agreement. In the event of any inconsistency between the provisions of this
        Agreement and the Definitions or the ISDA Form Master Agreement, this Agreement
        shall prevail for purposes of the Transaction. Each reference to a “Section”
(unless specifically referencing the Pooling and Servicing Agreement or to
        a
“Section” “of this Agreement” will be construed as a reference to a Section of
        the ISDA Form Master Agreement.

       

      Rate
        Floor (Oct/23/96)

      2.  The
        terms
        of the particular Transaction to which this Confirmation relates are as
        follows:

       

      

      
        	
                Notional
                  Amount:

              	
                With
                  respect to any Calculation Period, the amount set forth for such
                  period on
                  Schedule I attached hereto.

              
	 	 
	
                Trade
                  Date:

              	
                July
                  28, 2006

              
	 	 
	
                Effective
                  Date:

              	
                August
                  30, 2006

              
	 	 
	
                Termination
                  Date:

              	
                August
                  25, 2011, provided, however, for the purposes of determining the
                  Floating
                  Amount to be paid in respect of the final Calculation Period, such
                  date
                  shall be subject to adjustment in accordance with the Business
                  Day
                  Convention.

              

      

      

      Fixed
        Amount:

       

      
        	
                Fixed
                  Rate Payer:

              	
                Counterparty

              
	 	 
	
                Fixed
                  Rate Payer

              	 
	
                Period
                  End Dates:

              	
                The
                  25th
                  calendar day of each month during
                  the Term
                  of this Transaction, commencing September 25, 2006, and ending
                  on the
                  Termination Date, with No Adjustment.

              
	 	 
	
                Fixed
                  Rate Payer

              	 
	
                Payment
                  Date:

              	
                Early
                  Payment shall be applicable. The Fixed Rate Payer Payment Date
                  shall be
                  one Business Day prior to each Fixed Rate Payer Period End
                  Date.

              
	 	 
	
                Fixed
                  Rate:

              	
                5.39700%

              
	 	 
	
                Fixed
                  Amount:

              	
                To
                  be determined in accordance with the following formula:

              
	 	
                100
                  * Fixed Rate * Notional Amount * Fixed Rate Day Count
                  Fraction

              
	 	 
	
                Fixed
                  Rate Day

              	 
	
                Count
                  Fraction:

              	
                30/360

              

      

      

      

      

      Floating
        Amounts:

       

      
        	
                Floating
                  Rate Payer:

              	
                BSFP

              
	 	 
	
                Floating
                  Rate Payer 

              	 
	
                Period
                  End Dates:

              	
                The
                  25th
                  calendar day of each month during
                  the Term
                  of this Transaction, commencing September 25, 2006, and ending
                  on the
                  Termination Date, subject to adjustment in accordance with the
                  Business
                  Day Convention.

              
	 	 
	
                Floating
                  Rate Payer 

              	 
	
                Payment
                  Dates:

              	
                Early
                  Payment shall be applicable. The Floating Rate Payer Payment Date
                  shall be
                  one Business Day prior to each Floating Rate Payer Period End
                  Date.

              
	 	 
	
                Floating
                  Rate Option:

                 

              	
                USD-LIBOR-BBA

                 

              
	
                Floating
                  Amount:

                 

              	
                To
                  be determined in accordance with the following formula:

                 

              
	 	
                100
                  * Floating Rate Option * Notional Amount * Floating Rate Day Count
                  Fraction.

              
	 	 
	
                Designated
                  Maturity:

              	
                One
                  month

              
	 	 
	
                Floating
                  Rate Day 

              	 
	
                Count
                  Fraction:

              	
                Actual/360

              
	 	 
	
                Reset
                  Dates:

              	
                The
                  first day of each Calculation Period.

              
	 	 
	
                Compounding:

              	
                Inapplicable

              
	 	 
	
                Business
                  Days:

              	
                New
                  York and Illinois

              
	 	 
	
                Business
                  Day Convention:

              	
                Following

              
	 	 
	
                Calculation
                  Agent:

              	
                BSFP

              

      

      

      3.  Additional
        Provisions: 

       

      1)
          Each
        party hereto is hereby advised and acknowledges that the other party has
        engaged
        in (or refrained from engaging in) substantial financial transactions and
        has
        taken (or refrained from taking) other material actions in reliance upon
        the
        entry by the parties into the Transaction being entered into on the terms
        and
        conditions set forth herein and in the Pooling and Servicing Agreement relating
        to such Transaction, as applicable. This paragraph 1) shall be deemed repeated
        on the trade date of each Transaction. 

       

      4.  Provisions
        Deemed Incorporated in a Schedule to the ISDA Form Master
        Agreement:

      

      1)
          The
        parties agree that subparagraph (ii) of Section 2(c) of the ISDA Form Master
        Agreement will apply to any Transaction.

       

      2)
          Termination
        Provisions.
        For
        purposes of the Master Agreement:

       

      (a)  "Specified
        Entity" is not applicable to BSFP or Counterparty for any purpose. 

       

      (b)  "Specified
        Transaction" is not applicable to BSFP or Counterparty for any purpose, and,
        accordingly, Section 5(a)(v) shall not apply to BSFP or
        Counterparty.

       

      (c)  The
        "Cross Default" provisions of Section 5(a)(vi) will not apply to BSFP or
        to
        Counterparty. 

       

      (d)  The
        "Credit Event Upon Merger" provisions of Section 5(b)(iv) will not apply
        to BSFP
        or Counterparty.

       

      (e)  With
        respect to Counterparty, the “Bankruptcy Provision” of Section 5(a)(vii)(2)
        shall be deleted in its entirety.

       

      (f)  The
        "Automatic Early Termination" provision of Section 6(a) will not apply to
        BSFP
        or to Counterparty.

       

      (g)  Payments
        on Early Termination. For the purpose of Section 6(e) of the ISDA Form Master
        Agreement:

       

      (i)  Market
        Quotation will apply.

       

      (ii)  the
        Second Method will apply. 

       

      (h)  "Termination
        Currency" means United States Dollars. 

       

      (i)  Tax
        Event. The provisions of Section 2(d)(i)(4) and 2(d)(ii) of the printed ISDA
        Form Master Agreement shall not apply to Counterparty and Counterparty shall
        not
        be required to pay any additional amounts referred to therein. 

       

      3)
          Tax
        Representations. 

       

      (a)  Payer
        Representations. For the purpose of Section 3(e) of the ISDA Form Master
        Agreement, each of BSFP and the Counterparty will make the following
        representations:

       

      It
        is not
        required by any applicable law, as modified by the practice of any relevant
        governmental revenue authority, of any Relevant Jurisdiction to make any
        deduction or withholding for or on account of any Tax from any payment (other
        than interest under Section 2(e), 6(d)(ii) or 6(e) of the ISDA Form Master
        Agreement) to be made by it to the other party under this Agreement. In making
        this representation, it may rely on: 

       

      (i)  the
        accuracy of any representations made by the other party pursuant to Section
        3(f)
        of the ISDA Form Master Agreement;

       

      (ii)  the
        satisfaction of the agreement contained in Sections 4(a)(i) and 4(a)(iii)
        of the
        ISDA Form Master Agreement and the accuracy and effectiveness of any document
        provided by the other party pursuant to Sections 4(a)(i) and 4(a)(iii) of
        the
        ISDA Form Master Agreement; and

       

      (iii)  the
        satisfaction of the agreement of the other party contained in Section 4(d)
        of
        the ISDA Form Master Agreement, provided that it shall not be a breach of
        this
        representation where reliance is placed on clause (ii) and the other party
        does
        not deliver a form or document under Sections 4(a)(i) and 4(a)(iii) by reason
        of
        material prejudice to its legal or commercial position. 

       

      (b)  Payee
        Representations. For the purpose of Section 3(f) of the ISDA Form Master
        Agreement, each of BSFP and the Counterparty make the following representations.
        

       

      The
        following representation will apply to BSFP: 

       

      BSFP
        is a
        corporation organized under the laws of the State of Delaware and its U.S.
        taxpayer identification number is 13-3866307. 

       

      The
        following representation will apply to the Counterparty: 

       

      The
        beneficial owner of the payments made to it under this Agreement is either
        (i) a
        "U.S. person" (as that term is used in section 1.1441-4(a)(3)(ii) of United
        States Treasury Regulations) for United States federal income tax purposes
        and
        an "Exempt recipient" within the meaning of section 1.6049-4(c)(1)(ii) of
        United
        States Treasury Regulations, or (ii) a "non-U.S. branch of a foreign person"
        as
        that term is used in section 1.1441-4(a)(3)(ii) of the United States Treasury
        Regulations (the "Regulations") for United States federal income tax purposes,
        and it is a "foreign person" as that term is used in section 1.6041-4(a)(4)
        of
        the Regulations for United States federal income tax purposes.

       

      4)
          The
        ISDA
        Form Master Agreement is hereby amended as follows:

       

      The
        word
“third” shall be replaced by the word “second” in the third line of Section
        5(a)(i) of the ISDA Form Master Agreement.

       

      5)
          Documents
        to be Delivered.
        For the
        purpose of Section 4(a) of the ISDA Form Master Agreement:

       

      (1) Tax
        forms, documents, or certificates to be delivered are:

      
        	
                 

                Party
                  required to deliver document

              	
                 

                Form/Document/

                Certificate

              	
                 

                Date
                  by which to

                be
                  delivered

              
	
                 

                BSFP
                  and

                the
                  Counterparty

                 

              	
                 

                Any
                  document required or reasonably requested to allow the other party
                  to make
                  payments under this Agreement without any deduction or withholding
                  for or
                  on the account of any Tax or with such deduction or withholding
                  at a
                  reduced rate

                 

              	
                Promptly
                  after the earlier of (i) reasonable demand by either party or (ii)
                  learning that such form or document is required

                 

              

      

      

      

      

      

      

      (2) Other
        documents to be delivered are:

      
        	
                 

                Party
                  required to deliver document

              	
                 

                Form/Document/

                Certificate

              	
                 

                Date
                  by which to

                be
                  delivered

              	
                 

                Covered
                  by Section 3(d) Representation

              
	
                 

                BSFP
                  and

                the
                  Counterparty

                 

              	
                 

                Any
                  documents required by the receiving party to evidence the authority
                  of the
                  delivering party or its Credit Support Provider, if any, for it to execute
                  and deliver this Agreement, any Confirmation , and any Credit Support
                  Documents to which it is a party, and to evidence the authority
                  of the
                  delivering party or its Credit Support Provider to perform its
                  obligations
                  under this Agreement, such Confirmation and/or Credit Support Document,
                  as
                  the case may be

                 

              	
                 

                Upon
                  the execution and delivery of this Agreement and such
                  Confirmation

                 

              	
                 

                Yes

                 

              
	
                 

                BSFP
                  and

                the
                  Counterparty

                 

              	
                 

                A
                  certificate of an authorized officer of the party, as to the incumbency
                  and authority of the respective officers of the party signing this
                  Agreement, any relevant Credit Support Document, or any Confirmation,
                  as
                  the case may be

                 

              	
                 

                Upon
                  the execution and delivery of this Agreement and such
                  Confirmation

                 

              	
                 

                Yes

                 

              

      

      

      
        	
                BSFP

                 

              	
                 

                A
                  copy of the most recent annual report of such party (only if
                  available) and its Credit Support Provider, if any, containing
                  in all
                  cases audited consolidated financial statements for each fiscal
                  year
                  certified by independent certified public accountants and prepared
                  in
                  accordance with generally accepted accounting principles in the
                  United
                  States or in the country in which such party is organized

                 

              	
                 

                Promptly
                  after request by the other party

                 

              	
                 

                Yes

                 

              
	
                Counterparty
                  

                 

              	
                 

                An
                  executed copy of the Pooling and Servicing Agreement

                 

              	
                 

                Upon
                  the later of (i) receipt by Counterparty or (ii) 30 days after
                  the date of
                  this Agreement.

                 

              	
                 

                No

                 

              

      

      

      6)
          Miscellaneous.
        Miscellaneous

       

      (a)  Address
        for Notices: For the purposes of Section 12(a) of the ISDA Form Master
        Agreement:

       

      Address
        for notices or communications to BSFP:

       

      
        	
                Address:

              	
                383
                  Madison Avenue, New York, New York 10179

              
	
                Attention:

              	
                DPC
                  Manager 

              
	
                Facsimile:

              	
                (212)
                  272-5823

              

      

      

      with
        a
        copy to:

       

      
        	
                Address:

              	
                One
                  Metrotech Center North, Brooklyn, New York 11201

              
	
                Attention:

              	
                Derivative
                  Operations - 7th Floor

              
	
                Facsimile:

              	
                (212)
                  272-1634

              

      

      

      (For
        all
        purposes)

       

      Address
        for notices or communications to the Counterparty:

       

      
        	
                Address:

              	
                LaSalle
                  Bank National Association

              
	 	
                135
                  South LaSalle Street, Suite 1625

              
	 	
                Chicago,
                  IL 60603

              
	
                Attention:

              	
                Global
                  Securities and Trust Services Group-Bear Stearns Asset Backed Securities
                  I
                  Trust 2006-HE7

              
	
                Facsimile:

              	
                (312)
                  904-1368

              
	
                Phone:

              	
                (312)
                  904-4373

              

      

      

      (For
        all
        purposes)

       

      (b)  Process
        Agent. For the purpose of Section 13(c) of the ISDA Form Master
        Agreement:

       

      
        	
                BSFP
                  appoints as its 

              	 
	
                Process
                  Agent: 

              	
                Not
                  Applicable

              
	 	 
	
                The
                  Counterparty appoints as its 

              	 
	
                Process
                  Agent:

              	
                Not
                  Applicable

              

      

      

      (c)  Offices.
        The provisions of Section 10(a) the ISDA Form Master Agreement will not apply
        to
        this Agreement; neither BSFP nor the Counterparty have any Offices other
        than as
        set forth in the Notices Section and BSFP agrees that, for purposes of Section
        6(b) of the ISDA Form Master Agreement, it shall not in future have any Office
        other than one in the United States.

       

      (d)  Multibranch
        Party. For the purpose of Section 10(c) of the ISDA Form Master
        Agreement:

       

      BSFP
        is
        not a Multibranch Party.

       

      The
        Counterparty is not a Multibranch Party.

       

      (e)  Credit
        Support Document. Not applicable, except for any guarantee or contingent
        agreement delivered pursuant to paragraph 9 below. 

       

      The
        Counterparty: Not Applicable

       

      (f)  Credit
        Support Provider.

       

      BSFP: Not
        Applicable, except for any guarantor or other provider of credit support
        pursuant to paragraph 9 below.

       

      The
        Counterparty: Not Applicable

       

      (g)  Governing
        Law.The
        parties to this Agreement hereby agree that the law of the State of New York
        shall govern their rights and duties in whole, without regard to the conflict
        of
        law provisions thereof other than New York General Obligations Law Sections
        5-1401 and 5-1402. 

       

      (h)  Severability.If
        any
        term, provision, covenant, or condition of this Agreement, or the application
        thereof to any party or circumstance, shall be held to be invalid or
        unenforceable (in whole or in part) for any reason, the remaining terms,
        provisions, covenants, and conditions hereof shall continue in full force
        and
        effect as if this Agreement had been executed with the invalid or unenforceable
        portion eliminated, so long as this Agreement as so modified continues to
        express, without material change, the original intentions of the parties
        as to
        the subject matter of this Agreement and the deletion of such portion of
        this
        Agreement will not substantially impair the respective benefits or expectations
        of the parties. 

       

      The
        parties shall endeavor to engage in good faith negotiations to replace any
        invalid or unenforceable term, provision, covenant or condition with a valid
        or
        enforceable term, provision, covenant or condition, the economic effect of
        which
        comes as close as possible to that of the invalid or unenforceable term,
        provision, covenant or condition. 

       

      (i)  Consent
        to Recording. Each party hereto consents to the monitoring or recording,
        at any
        time and from time to time, by the other party of any and all communications
        between officers or employees of the parties, waives any further notice of
        such
        monitoring or recording, and agrees to notify its officers and employees
        of such
        monitoring or recording. 

       

      (j)  Waiver
        of
        Jury Trial.Each
        party waives any right it may have to a trial by jury in respect of any
        Proceedings relating to this Agreement or any Credit Support Document.

       

      (k)  Set-Off.
        The provisions for Set-off set forth in Section 6(e) of the ISDA Form Master
        Agreement shall not apply for purposes of this Transaction. Notwithstanding
        any
        provision of this Agreement or any other existing or future agreement, each
        party irrevocably waives any and all rights it may have to set off, net,
        recoup
        or otherwise withhold or suspend or condition payment or performance of any
        obligation between it and the other party hereunder against any obligation
        between it and the other party under any other agreements. 

       

      (l)  This
        Agreement may be executed in several counterparts, each of which shall be
        deemed
        an original but all of which together shall constitute one and the same
        instrument.

       

      (m)  Additional
        Definitional Provisions. 

       

      As
        used
        in this Agreement, the following terms shall have the meanings set forth
        below,
        unless the context clearly requires otherwise: 

       

      “Moody’s”
        means Moody’s Investors Service, Inc., or any successor.

       

      “S&P”
        means Standard & Poor's Ratings Service, a division of The McGraw-Hill
        Companies, Inc., or any successor.

       

      “Fitch”
        means Fitch Ratings.

       

      (n)  Group
        I
        Supplemental Interest Trust Trustee Liability Limitations. It is expressly
        understood and agreed by the parties hereto that (a) this Agreement is executed
        and delivered by LaSalle Bank National Association (“LaSalle”), not individually
        or personally but solely as Group I Supplemental Interest Trust Trustee,
        (b)
        each of the representations, undertakings and agreements herein made on the
        part
        of the Counterparty is made and intended not as personal representations,
        undertakings and agreements by LaSalle but is made and intended for the purpose
        of binding only the Counterparty, (c) nothing herein contained shall be
        construed as creating any liability on LaSalle, individually or personally,
        to
        perform any covenant either expressed or implied contained herein, all such
        liability, if any, being expressly waived by the parties hereto and by any
        Person claiming by, through or under the parties hereto; provided that nothing
        in this paragraph shall relieve LaSalle from performing its duties and
        obligations under the Pooling and Servicing Agreement in accordance with
        the
        standard of care set forth therein, (d) under no circumstances shall LaSalle
        be
        personally liable for the payment of any indebtedness or expenses of the
        Counterparty or be liable for the breach or failure of any obligation,
        representation, warranty or covenant made or undertaken by the Counterparty
        under this Agreement or any other related documents, (e) LaSalle has been
        directed pursuant to the Pooling and Servicing Agreement to enter into this
        Agreement and to perform its obligations hereunder and (f) the parties hereto
        acknowledge and agree that under (i) the Swap Administration Agreement, dated
        as
        of August 30, 2006, among LaSalle Bank National Association, as swap
        administrator (in such capacity, the “Swap Administrator”), LaSalle Bank
        National Association, as Group I Supplemental Interest Trust Trustee and
        as
        Group II Supplemental Interest Trust Trustee and LaSalle Bank National
        Association, as trustee for Bear Stearns Asset Backed Securities I Trust
        2006-HE7 Asset-Backed Certificates, Series 2006-HE7, and as amended from
        time to
        time (ii) the Pooling and Servicing Agreement and (iii) this Agreement, the
        Swap
        Administrator may act for the Counterparty hereunder, and BSFP hereby
        acknowledges and agrees that it will, unless otherwise directed by the Group
        I
        Supplemental Interest Trust Trustee or the Swap Administrator, make all payments
        hereunder to the account specified below. Any resignation or removal of LaSalle
        as Group I Supplemental Interest Trust Trustee under the Pooling and Servicing
        Agreement shall require the assignment of this agreement to LaSalle’s
        replacement.

       

      (o)  Additional
        Provisions. The provisions of Sections 5(a)(ii), 5(a)(iii) and 5(a)(iv) of
        the
        ISDA Form Master Agreement shall not apply to BSFP or Counterparty; provided,
        however, that the provisions of Section 5(a)(iii) will apply to BSFP if BSFP
        provides a guarantee or other contingent agreement pursuant to Section 9
        below.

       

      7)
          "Affiliate":
        BSFP and Counterparty shall be deemed to have no Affiliates for purposes
        of this
        Agreement, including for purposes of Section 6(b)(ii) of the ISDA Form Master
        Agreement.

       

      8)
          Additional
        Termination Events. The following Additional Termination Events will apply:
        

       

      (a)  If
        a
        Rating Agency Downgrade has occurred and BSFP has not, within the time period
        specified therein, complied with paragraph 9 below,
        then an Additional Termination Event shall have occurred with respect to
        BSFP
        and BSFP shall be the sole Affected Party with respect to such Additional
        Termination Event. 

       

      (b)  If,
        upon
        the occurrence of a Swap Disclosure Event (as defined in Section 15(ii) below)
        BSFP has not, within 10 calendar days after such Swap Disclosure Event complied
        with any of the provisions set forth in Section 15(iii) below, then an
        Additional Termination Event shall have occurred with respect to BSFP and
        BSFP
        shall be the sole Affected Party with respect to such Additional Termination
        Event.

       

      (c)  If,
        without the prior written consent of BSFP where such consent is required
        under
        the Pooling and Servicing Agreement (such consent not to be unreasonably
        withheld), an amendment or supplemental agreement is made to the Pooling
        and
        Servicing Agreement which amendment or supplemental agreement could reasonably
        be expected to have a material adverse effect on the interests of BSFP under
        this Agreement, an Additional Termination Event shall have occurred with
        respect
        to Counterparty and Counterparty shall be the sole Affected Party with respect
        to such Additional Termination Event and all Transactions hereunder shall
        be
        Affected Transactions.

       

      (d)  If
        the
        Trustee is unable to pay, or fails or admits in writing its inability to
        pay, on
        any Distribution Date, any Current Interest with respect to the Class A
        Certificates or the ultimate payment of principal with respect to the Class
        A
        Certificates, in either case to the extent required pursuant to the terms
        of the
        Pooling and Servicing Agreement to be paid to the Class A Certificates on
        such
        Distribution Date, then an Additional Termination Event shall have occurred
        with
        respect to Counterparty and Counterparty shall be the sole Affected Party
        with
        respect to such Additional Termination Event; 

       

      (e)  An
        Additional Termination Event shall occur upon the notice to Certificateholders
        of an Optional Termination becoming unrescindable in accordance with Article
        X
        of the Pooling and Servicing Agreement (such notice, the “Optional Termination
        Notice”). 

       

      With
        respect to such Additional Termination Event: 

       

      (i)  Counterparty
        shall be the sole Affected Party and this Transaction shall be the sole Affected
        Transaction; 

       

      (ii)  notwithstanding
        anything to the contrary in Section 6(b)(iv) of the ISDA Form Master Agreement
        or Section 6(c)(i) of the ISDA Form Master Agreement, the final Distribution
        Date specified in the Optional Termination Notice is hereby designated as
        the
        Early Termination Date in respect of all Affected Transactions; 

       

      (iii)  Section
        2(a)(iii)(2) of the ISDA Form Master Agreement shall not be applicable to
        any
        Affected Transaction; notwithstanding anything to the contrary in Section
        6(c)(ii) of the ISDA Form Master Agreement, payments and deliveries under
        Section 2(a)(i) of the ISDA Form Master Agreement or Section 2(e) of the
        ISDA
        Form Master Agreement in respect of the Terminated Transactions will be required
        to be made through and including the Early Termination Date; provided, for
        the
        avoidance of doubt, that any such payments or deliveries that are made on
        or
        prior to the Early Termination Date will not be treated as Unpaid Amounts
        in
        determining the amount payable in respect of an Early Termination Date;

       

      (iv)  notwithstanding
        anything to the contrary in Section 6(d)(i) of the ISDA Form Master Agreement,
        (A) if, no later than 4:00 pm New York City time on the day that is four
        Business Days prior to the final Distribution Date specified in the Optional
        Termination Notice, the Trustee requests the amount of the Estimated Swap
        Termination Payment, BSFP shall provide to the Swap Administrator in writing
        (which may be done in electronic format) the amount of the Estimated Swap
        Termination Payment no later than 2:00 pm New York City time on the following
        Business Day and (B) if the Trustee
        provides written notice (which may be done in electronic format) to BSFP
        no
        later than two Business Days prior to the final Distribution Date specified
        in
        the Optional Termination Notice that all requirements of the Optional
        Termination have been met, then BSFP shall, no later than one Business Day
        prior
        to the final Distribution Date specified in the Optional Termination Notice,
        make the calculations contemplated by Section 6(e) of the ISDA Form Master
        Agreement (as amended herein) and provide to the Trustee in writing (which
        may
        be done in electronic format) the amount payable by either Counterparty or
        BSFP
        in respect of the related Early Termination Date; provided, however, that
        the
        amount payable by Counterparty, if any, in respect of the related Early
        Termination Date shall be the lesser of (x) the amount calculated to be due
        by
        the Counterparty pursuant to Section 6(e) of the ISDA Form Master Agreement
        and
        (y) the Estimated Swap Termination Payment; and

       

      (v)  notwithstanding
        anything to the contrary in Section 6(d)(ii) of the ISDA Form Master Agreement,
        any amount due from the Counterparty to BSFP in respect of the Early Termination
        Date will be payable on the Early Termination Date and any amount due from
        BSFP
        to the Counterparty in respect of the Early Termination Date will be payable
        one
        Business Day prior to the Early Termination Date.

       

      “Estimated
        Swap Termination Payment” shall mean, with respect to an Early Termination Date,
        an amount determined by BSFP in its sole discretion as the maximum payment
        that
        could be owed by Counterparty with respect to such Early Termination Date
        pursuant to Section 6(e) of the ISDA Form Master Agreement taking into account
        then current market conditions.

       

      The
        Trustee shall be an express third party beneficiary of this Agreement as
        if a
        party hereto to the extent of the Trustee’s rights specified in Paragraph
        8(e) hereof.

       

      9)
          Rating
        Agency Downgrade. In the event that BSFP’s long-term unsecured and
        unsubordinated debt rating is reduced below “AA-” by S&P or its long-term
        unsecured and unsubordinated debt rating is withdrawn or reduced below “Aa3” by
        Moody’s (and together with S&P and Fitch, the “Swap Rating Agencies”, and
        such rating thresholds, “Approved Rating Thresholds”), then within 30 days after
        such rating withdrawal or downgrade (unless, within 30 days after such
        withdrawal or downgrade, each such Swap Rating Agency, as applicable, has
        reconfirmed the rating of the Bear Stearns Asset Backed Securities I Trust
        2006-HE7, Asset-Back Certificates, Series 2006-HE7 (the “Certificates”) and CMO
        Holdings II Ltd., BSABS HE1 NIM Trust 2006-HE7, Asset-Backed Notes, Series
        2006-HE7 (the “Notes”), which was in effect immediately prior to such withdrawal
        or downgrade), BSFP shall, subject to the Rating Agency Condition, at its
        own
        expense, (i) seek another entity to replace BSFP as party to this Agreement
        that
        meets or exceeds the Approved Rating Thresholds on terms substantially similar
        to this Agreement, (ii) obtain a guaranty of, or a contingent agreement of
        another person with the Approved Rating Thresholds, to honor, BSFP’s obligations
        under this Agreement, or (iii) take any other action subject to Rating Agency
        Condition. In the event that BSFP’s long-term unsecured and unsubordinated debt
        rating is withdrawn or reduced below “BBB-” by S&P, then within 10 business
        days after such rating withdrawal or downgrade, BSFP shall, subject to the
        Rating Agency Condition and at its own expense, (i) secure another entity
        to
        replace BSFP as party to this Agreement that meets or exceeds the Approved
        Rating Thresholds on terms substantially similar to this Agreement, or (ii)
        obtain a guaranty of, or a contingent agreement of another person with the
        Approved Rating Thresholds, to honor, BSFP’s obligations under this Agreement.
        BSFP’s failure to do any of the foregoing shall constitute an Additional
        Termination Event with BSFP as the Affected Party. For purposes of this
        provision, “Rating Agency Condition” means, with respect to any particular
        proposed act or omission to act hereunder that the party acting or failing
        to
        act must consult with each of the Swap Rating Agencies then providing a rating
        of the Certificates and any Notes and receive from each of the Swap Rating
        Agencies a prior written confirmation that the proposed action or inaction
        would
        not cause a downgrade or withdrawal of the then-current rating of the
        Certificates and any Notes.

       

      10)
          Payment
        Instructions. BSFP hereby agrees that, unless notified in writing by the
        Group I
        Supplemental Interest Trust Trustee or the Swap Administrator of other payment
        instructions, any and all amounts payable by BSFP to the Counterparty under
        this
        Agreement shall be paid to the Swap Administrator at the account specified
        in
        Section 5.

       

      11)
          Section
        3
        of the ISDA Form Master Agreement is hereby amended by adding at the end
        thereof
        the following subsection (g): 

       

      “(g) Relationship
        Between Parties. 

       

      Each
        party represents to the other party on each date when it enters into a
        Transaction that:--

       

      (1)
        Nonreliance.
        (i) It
        is not relying on any statement or representation of the other party regarding
        the Transaction (whether written or oral), other than the representations
        expressly made in this Agreement or the Confirmation in respect of that
        Transaction and (ii) it has consulted with its own legal, regulatory, tax,
        business, investment, financial and accounting advisors to the extent it
        has
        deemed necessary, and it has made its own investment, hedging and trading
        decisions based upon its own judgment and upon any advice from such advisors
        as
        it has deemed necessary and not upon any view expressed by the other
        party.

       

      (2)
        Evaluation
        and Understanding.
        

       

      (i)
        It
        has the capacity to evaluate (internally or through independent professional
        advice) the Transaction and has made its own decision, subject to section
        6(n)
        of this Agreement, to enter into the Transaction; and

       

      (ii)
        It
        understands the terms, conditions and risks of the Transaction and is willing
        and able to accept those terms and conditions and to assume those risks,
        financially and otherwise. 

       

      (3)
        Purpose.
        It is
        entering into the Transaction for the purposes of managing its borrowings
        or
        investments, hedging its underlying assets or liabilities or in connection
        with
        a line of business. 

       

      (4)
        Status
        of Parties.
        The
        other party is not acting as an agent, fiduciary or advisor for it in respect
        of
        the Transaction.

       

      (5)
        Eligible
        Contract Participant.
        It
        constitutes an “eligible contract participant” as such term is defined in
        Section 1(a)12 of the Commodity Exchange Act, as amended.”

       

      12)
          Non-Recourse.
        Notwithstanding any provision herein or in the ISDA Form Master Agreement
        to the
        contrary, the obligations of Counterparty hereunder are limited recourse
        obligations of Counterparty, payable solely from the Swap Account and the
        proceeds thereof, in accordance with the terms of the Pooling and Servicing
        Agreement. In the event that the Swap Account and proceeds thereof should
        be
        insufficient to satisfy all claims outstanding and following the realization
        of
        the Swap Account and the proceeds thereof, any claims against or obligations
        of
        Counterparty under the ISDA Form Master Agreement or any other confirmation
        thereunder still outstanding shall be extinguished and thereafter not revive.
        Neither the Group I Supplemental Interest Trust Trustee nor the Swap
        Administrator shall have liability for any failure or delay in making a payment
        hereunder to BSFP due to any failure or delay in receiving amount in the
        Swap
        Account from the Trust created pursuant to the Pooling and Servicing
        Agreement.

       

      13)
          Transfer,
        Amendment and Assignment. No
        transfer, amendment, waiver, supplement, assignment or other modification
        of
        this Transaction shall be permitted by either party unless (i) each of Fitch,
        S&P and Moody’s has been provided notice of the same and (ii) each of Fitch,
        S&P and Moody’s confirm in writing (including by facsimile transmission)
        after such notice is given that it will not downgrade, qualify, withdraw
        or
        otherwise modify its then-current rating of the Certificates and (iii) Fitch,
        S&P and Moody’s confirms in writing (including by facsimile transmission)
        that it will not downgrade, qualify, withdraw or otherwise modify its
        then-current rating of any Notes.

       

      14)
          Proceedings.
        BSFP shall not institute against or cause any other person to institute against,
        or join any other person in instituting against Counterparty, the Trustee,
        the
        Indenture Trustee or the trust formed pursuant to the Pooling and Servicing
        Agreement, any bankruptcy, reorganization, arrangement, insolvency or
        liquidation proceedings, or other proceedings under any federal or state
        bankruptcy or similar law for a period of one year and one day (or, if longer,
        the applicable preference period) following payment in full of all Certificates
        and Notes.

       

      15)
          Compliance
        with Regulation AB. 

       

      (i)  BSFP
        agrees and acknowledges that Bear Stearns Asset Backed Securities I LLC
        (“BSABS”) is required under Regulation AB under the Securities Act of 1933, as
        amended, and the Securities Exchange Act of 1934, as amended (the “Exchange
        Act”) (“Regulation AB”), to disclose certain financial information regarding
        BSFP or its group of affiliated entities, if applicable, depending on the
        aggregate “significance percentage” of this Agreement and any other derivative
        contracts between BSFP or its group of affiliated entities, if applicable,
        and
        Counterparty, as calculated from time to time in accordance with Item 1115
        of
        Regulation AB. 

       

      (ii)  It
        shall
        be a swap disclosure event (“Swap Disclosure Event”) if, on any Business Day
        after the date hereof for so long as the Issuing Entity is required to file
        periodic reports under the Exchange Act, BSABS requests from BSFP the applicable
        financial information described in Item 1115 of Regulation AB (such request
        to
        be based on a reasonable determination by BSABS, in good faith, that such
        information is required under Regulation AB) (the “Swap Financial
        Disclosure”).

       

      (iii)  Upon
        the
        occurrence of a Swap Disclosure Event, BSFP, within ten (10) days and at
        its own
        expense, shall (1)(a) either (i) provide to BSABS the current Swap Financial
        Disclosure in an EDGAR-compatible format (for example, such information may
        be
        provided in Microsoft Word® or Microsoft Excel® format but not in .pdf format)
        or (ii) provide written consent to BSABS to incorporation by reference of
        such
        current Swap Financial Disclosure that are filed with the Securities and
        Exchange Commission in the Exchange Act Reports of BSABS, (b) if applicable,
        cause its outside accounting firm to provide its consent to filing or
        incorporation by reference in the Exchange Act Reports of BSABS of such
        accounting firm’s report relating to their audits of such current Swap Financial
        Disclosure, and (c) provide to BSABS any updated Swap Financial Disclosure
        with
        respect to BSFP or any entity that consolidates BSFP within five days of
        the
        release of any such updated Swap Financial Disclosure; (2) secure another
        entity
        to replace BSFP as party to this Agreement on terms substantially similar
        to
        this Agreement and subject to prior notification to the Swap Rating Agencies,
        which entity (or a guarantor therefor) satisfies the Rating Agency Condition
        and
        which entity is able to comply with the requirements of Item 1115 of Regulation
        AB or (3) subject to the Rating Agency Condition, obtain a guaranty of the
        BSFP’s obligations under this Agreement from an affiliate of the BSFP that is
        able to comply with the financial information disclosure requirements of
        Item
        1115 of Regulation AB, such that disclosure provided in respect of the affiliate
        will satisfy any disclosure requirements applicable to the Swap Provider,
        and
        cause such affiliate to provide Swap Financial Disclosure. If permitted by
        Regulation AB, any required Swap Financial Disclosure may be provided by
        incorporation by reference from reports filed pursuant to the Exchange
        Act.

       

      (iv)  BSFP
        agrees that, in the event that BSFP provides Swap Financial Disclosure to
        BSABS
        in accordance with Section 15(iii)(a) or causes its affiliate to provide
        Swap
        Financial Disclosure to BSABS in accordance with Section 15(iii)(c), it will
        indemnify and hold harmless BSABS, its respective directors or officers and
        any
        person controlling BSABS, from and against any and all losses, claims, damages
        and liabilities caused by any untrue statement or alleged untrue statement
        of a
        material fact contained in such Swap Financial Disclosure or caused by any
        omission or alleged omission to state in such Swap Financial Disclosure a
        material fact required to be stated therein or necessary to make the statements
        therein, in light of the circumstances under which they were made, not
        misleading.

       

      16)
          Third
        Party Beneficiary. BSABS shall be an express third party beneficiary of this
        Agreement as if a party hereto to the extent of BSABS’s rights explicitly
        specified herein.

       

      NEITHER
        THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR
        STEARNS COMPANIES INC. OTHER THAN BSFP IS AN OBLIGOR OR A CREDIT SUPPORT
        PROVIDER ON THIS AGREEMENT.

       

      5. 

      
        	
                Account
                  Details and

              	 
	
                Settlement
                  Information:

              	
                Payments
                  to BSFP:

              
	 	
                Citibank,
                  N.A., New York

              
	 	
                ABA
                  Number: 021-0000-89, for the account of

              
	 	
                Bear,
                  Stearns Securities Corp.

              
	 	
                Account
                  Number: 0925-3186, for further credit to

              
	 	
                Bear
                  Stearns Financial Products Inc.

              
	 	
                Sub-account
                  Number: 102-04654-1-3

              
	 	
                Attention:
                  Derivatives Department

              
	 	 
	 	
                Payments
                  to Counterparty:

              
	 	
                Bank
                  Name: LaSalle Bank National Association

              
	 	
                ABA
                  Number: 071000505 LaSalle

              
	 	
                CHGO/CTR/BNF:/LaSalle
                  Trust Reference Trust

              
	 	
                Account
                  Number: 724011.2

              
	 	
                Attn:
                  Kimberly Sturm (312) 904-4373 

              

      

      

      

      This
        Agreement may be executed in several counterparts, each of which shall be
        deemed
        an original but all of which together shall constitute one and the same
        instrument.

       

      Counterparty
        hereby agrees to check this Confirmation and to confirm that the foregoing
        correctly sets forth the terms of the Transaction by signing in the space
        provided below and returning to BSFP a facsimile of the fully-executed
        Confirmation to 212-272-9857.
        For
        inquiries regarding U.S. Transactions, please contact Susan
        Donlon by
        telephone at 212-272-2364.
        For
        all
        other inquiries please contact Derivatives
        Documentation by
        telephone at
        353-1-402-6233.
        Originals will be provided for your execution upon your request.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      

      We
        are
        very pleased to have executed this Transaction with you and we look forward
        to
        completing other transactions with you in the near future.

       

      Very
        truly yours,

       

      BEAR
        STEARNS FINANCIAL PRODUCTS INC.

      

      

      

      By: _______________________________
        

          Name: 

      Title:

      

      Counterparty,
        acting through its duly authorized signatory, hereby agrees to, accepts and
        confirms the terms of the foregoing as of the Trade Date.

       

      LASALLE
        BANK NATIONAL ASSOCIATION, NOT INDIVIDUALLY, BUT SOLELY AS GROUP I SUPPLEMENTAL
        INTEREST TRUST TRUSTEE ON BEHALF THE GROUP I SUPPLEMENTAL INTEREST TRUST
        WITH
        RESPECT TO BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2006-HE7 ASSET-BACKED
        CERTIFICATES, SERIES 2006-HE7

      

       

      

      

      By: _______________________________
        

          Name: 

      Title:

      

      am

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      SCHEDULE
        I

      (For
        the
        purposes of determining Floating Amounts, all such dates subject to adjustment
        in accordance with the Following Business Day Convention and for purposes
        of
        determining Fixed Amounts, all such dates subject to No
        Adjustment.)

      
        	
                From
                  and including

              	
                To
                  but excluding

              	
                Notional
                  Amount

                (USD)

              
	
                Effective
                  Date

              	
                25-Sep-06

              	
                1,867,629.42

              
	
                25-Sep-06

              	
                25-Oct-06

              	
                1,845,756.24

              
	
                25-Oct-06

              	
                25-Nov-06

              	
                1,818,150.19

              
	
                25-Nov-06

              	
                25-Dec-06

              	
                1,784,835.17

              
	
                25-Dec-06

              	
                25-Jan-07

              	
                1,745,885.27

              
	
                25-Jan-07

              	
                25-Feb-07

              	
                1,701,426.68

              
	
                25-Feb-07

              	
                25-Mar-07

              	
                1,651,639.01

              
	
                25-Mar-07

              	
                25-Apr-07

              	
                1,596,756.03

              
	
                25-Apr-07

              	
                25-May-07

              	
                1,537,267.26

              
	
                25-May-07

              	
                25-Jun-07

              	
                1,473,525.31

              
	
                25-Jun-07

              	
                25-Jul-07

              	
                1,407,576.93

              
	
                25-Jul-07

              	
                25-Aug-07

              	
                1,344,463.47

              
	
                25-Aug-07

              	
                25-Sep-07

              	
                1,284,220.12

              
	
                25-Sep-07

              	
                25-Oct-07

              	
                1,226,715.04

              
	
                25-Oct-07

              	
                25-Nov-07

              	
                1,171,822.48

              
	
                25-Nov-07

              	
                25-Dec-07

              	
                1,119,422.52

              
	
                25-Dec-07

              	
                25-Jan-08

              	
                1,069,400.75

              
	
                25-Jan-08

              	
                25-Feb-08

              	
                1,021,648.09

              
	
                25-Feb-08

              	
                25-Mar-08

              	
                976,060.47

              
	
                25-Mar-08

              	
                25-Apr-08

              	
                932,538.66

              
	
                25-Apr-08

              	
                25-May-08

              	
                890,982.81

              
	
                25-May-08

              	
                25-Jun-08

              	
                851,308.01

              
	
                25-Jun-08

              	
                25-Jul-08

              	
                813,440.61

              
	
                25-Jul-08

              	
                25-Aug-08

              	
                777,369.23

              
	
                25-Aug-08

              	
                25-Sep-08

              	
                742,923.91

              
	
                25-Sep-08

              	
                25-Oct-08

              	
                710,030.44

              
	
                25-Oct-08

              	
                25-Nov-08

              	
                678,618.79

              
	
                25-Nov-08

              	
                25-Dec-08

              	
                648,620.65

              
	
                25-Dec-08

              	
                25-Jan-09

              	
                619,971.60

              
	
                25-Jan-09

              	
                25-Feb-09

              	
                592,610.94

              
	
                25-Feb-09

              	
                25-Mar-09

              	
                566,479.21

              
	
                25-Mar-09

              	
                25-Apr-09

              	
                541,520.48

              
	
                25-Apr-09

              	
                25-May-09

              	
                517,681.50

              
	
                25-May-09

              	
                25-Jun-09

              	
                494,911.24

              
	
                25-Jun-09

              	
                25-Jul-09

              	
                473,163.29

              
	
                25-Jul-09

              	
                25-Aug-09

              	
                452,390.28

              
	
                25-Aug-09

              	
                25-Sep-09

              	
                432,546.57

              
	
                25-Sep-09

              	
                25-Oct-09

              	
                413,589.99

              
	
                25-Oct-09

              	
                25-Nov-09

              	
                395,480.30

              
	
                25-Nov-09

              	
                25-Dec-09

              	
                378,179.11

              
	
                25-Dec-09

              	
                25-Jan-10

              	
                361,649.95

              
	
                25-Jan-10

              	
                25-Feb-10

              	
                345,857.68

              
	
                25-Feb-10

              	
                25-Mar-10

              	
                330,768.97

              
	
                25-Mar-10

              	
                25-Apr-10

              	
                316,351.98

              
	
                25-Apr-10

              	
                25-May-10

              	
                302,576.35

              
	
                25-May-10

              	
                25-Jun-10

              	
                289,413.08

              
	
                25-Jun-10

              	
                25-Jul-10

              	
                276,834.53

              
	
                25-Jul-10

              	
                25-Aug-10

              	
                264,814.30

              
	
                25-Aug-10

              	
                25-Sep-10

              	
                61,003.87

              
	
                25-Sep-10

              	
                25-Oct-10

              	
                59,083.27

              
	
                25-Oct-10

              	
                25-Nov-10

              	
                57,222.78

              
	
                25-Nov-10

              	
                25-Dec-10

              	
                55,420.50

              
	
                25-Dec-10

              	
                25-Jan-11

              	
                53,674.65

              
	
                25-Jan-11

              	
                25-Feb-11

              	
                51,983.44

              
	
                25-Feb-11

              	
                25-Mar-11

              	
                50,345.19

              
	
                25-Mar-11

              	
                25-Apr-11

              	
                48,758.24

              
	
                25-Apr-11

              	
                25-May-11

              	
                47,220.99

              
	
                25-May-11

              	
                25-Jun-11

              	
                45,731.89

              
	
                25-Jun-11

              	
                25-Jul-11

              	
                44,289.45

              
	
                25-Jul-11

              	
                Termination
                  Date

              	
                42,891.56

              

      

      

      

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      EXHIBIT
        N

       

      

      GROUP
        II
        SWAP AGREEMENT

       

      

      

      BEAR
        STEARNS FINANCIAL PRODUCTS INC.

      383
        MADISON AVENUE

      NEW
        YORK,
        NEW YORK 10179

      212-272-4009

      

      
        	
                DATE:

              	
                August
                  30, 2006

              
	 	 
	
                TO:

              	
                LaSalle
                  Bank National Association, not individually, but solely as Group
                  II
                  Supplemental Interest Trust Trustee on behalf of the Group II Supplemental
                  Interest Trust with respect to Bear Stearns Asset Backed Securities
                  I
                  Trust 2006-HE7 Asset-Backed Certificates, Series 2006-HE7 (each
                  as defined
                  herein)

              
	
                ATTENTION:

              	
                Global
                  Securities and Trust Services Group - BSABS 2006-HE7

              
	 	 
	
                TELEPHONE:

              	
                (312)
                  904-4373

              
	
                FACSIMILE:

              	
                (312)
                  904-1368

              
	 	 
	
                FROM:

              	
                Derivatives
                  Documentation

              
	
                TELEPHONE:

              	
                212-272-2711
                  

              
	
                FACSIMILE: 

              	
                212-272-9857
                  

              
	 	 
	
                SUBJECT:

                 

              	
                Fixed
                  Income Derivatives Confirmation and Agreement 

                 

              
	 	 
	
                REFERENCE
                  NUMBER:

              	
                FXNSC8573
                  

              

      

      

      The
        purpose of this letter agreement ("Agreement") is to confirm the terms and
        conditions of the current Transaction entered into on the Trade Date specified
        below (the "Transaction") between Bear Stearns Financial Products Inc. ("BSFP")
        and LaSalle Bank National Association, not individually, but solely as
        supplemental interest trust trustee (“Group II Supplemental Interest Trust
        Trustee”) on behalf of the Group II Supplemental Interest Trust Trust (the
“Group II Supplemental Interest Trust”) with respect to Bear Stearns Asset
        Backed Securities I Trust 2006-HE7 (“Counterparty”) created under the Pooling
        and Servicing Agreement dated as of August 1, 2006, among Bear Stearns Asset
        Backed Securities I LLC, as Depositor, EMC Mortgage Corporation, as Seller
        and
        Master Servicer, and LaSalle Bank National Association, as Trustee (the “Pooling
        and Servicing Agreement”). This Agreement, which evidences a complete and
        binding agreement between you and us to enter into the Transaction on the
        terms
        set forth below, constitutes a "Confirmation" as referred to in the "ISDA
        Form
        Master Agreement" (as defined below), as well as a “Schedule” as referred to in
        the ISDA Form Master Agreement.

       

      1.  This
        Agreement is subject to the 2000
        ISDA Definitions (the
        “Definitions”), as published by the International Swaps and Derivatives
        Association, Inc. (“ISDA”). You and we have agreed to enter into this Agreement
        in lieu of negotiating a Schedule to the 1992 ISDA Master Agreement
        (Multicurrency—Cross Border) form (the "ISDA Form Master Agreement") but,
        rather, an ISDA Form Master Agreement shall be deemed to have been executed
        by
        you and us on the date we entered into the Transaction. Terms capitalized
        but
        not defined herein except
        in
        the Definitions
        shall
        have the respective meanings attributed to them in the Pooling and Servicing
        Agreement. In the event of any inconsistency between the provisions of this
        Agreement and the Definitions or the ISDA Form Master Agreement, this Agreement
        shall prevail for purposes of the Transaction. Each reference to a “Section”
(unless specifically referencing the Pooling and Servicing Agreement or to
        a
“Section” “of this Agreement” will be construed as a reference to a Section of
        the ISDA Form Master Agreement.

       

      Rate
        Floor (Oct/23/96)

      2.  The
        terms
        of the particular Transaction to which this Confirmation relates are as
        follows:

       

      
        	
                Notional
                  Amount:

              	
                With
                  respect to any Calculation Period, the amount set forth for such
                  period on
                  Schedule I attached hereto.

              
	 	 
	
                Trade
                  Date:

              	
                July
                  28, 2006

              
	 	 
	
                Effective
                  Date:

              	
                August
                  30, 2006

              
	 	 
	
                Termination
                  Date:

              	
                August
                  25, 2011, provided, however, for the purposes of determining the
                  Floating
                  Amount to be paid in respect of the final Calculation Period, such
                  date
                  shall be subject to adjustment in accordance with the Business
                  Day
                  Convention.

              

      

      

      Fixed
        Amount:

       

      
        	
                Fixed
                  Rate Payer:

              	
                Counterparty

              
	 	 
	
                Fixed
                  Rate Payer

              	 
	
                Period
                  End Dates:

              	
                The
                  25th
                  calendar day of each month during
                  the Term
                  of this Transaction, commencing September 25, 2006, and ending
                  on the
                  Termination Date, with No Adjustment.

              
	 	 
	
                Fixed
                  Rate Payer

              	 
	
                Payment
                  Date:

              	
                Early
                  Payment shall be applicable. The Fixed Rate Payer Payment Date
                  shall be
                  one Business Day prior to each Fixed Rate Payer Period End
                  Date.

              
	 	 
	
                Fixed
                  Rate:

                 

              	
                5.39700%

                 

              
	 	 
	
                Fixed
                  Amount:

                 

              	
                To
                  be determined in accordance with the following formula:

                 

              
	 	
                100
                  * Fixed Rate * Notional Amount * Fixed Rate Day Count
                  Fraction

                 

              
	 	 
	
                Fixed
                  Rate Day 

              	 
	
                Count
                  Fraction:

              	
                30/360

              

      

      

      

      

      

      Floating
        Amounts:

       

      
        	
                Floating
                  Rate Payer:

              	
                BSFP

              
	 	 
	
                Floating
                  Rate Payer 

              	 
	
                Period
                  End Dates:

              	
                The
                  25th
                  calendar day of each month during
                  the Term
                  of this Transaction, commencing September 25, 2006, and ending
                  on the
                  Termination Date, subject to adjustment in accordance with the
                  Business
                  Day Convention.

              
	 	 
	
                Floating
                  Rate Payer 

              	 
	
                Payment
                  Dates:

              	
                Early
                  Payment shall be applicable. The Floating Rate Payer Payment Date
                  shall be
                  one Business Day prior to each Floating Rate Payer Period End
                  Date.

              
	 	 
	
                Floating
                  Rate Option:

                 

              	
                USD-LIBOR-BBA

                 

              
	
                Floating
                  Amount:

                 

              	
                To
                  be determined in accordance with the following formula:

                 

              
	 	
                100
                  * Floating Rate Option * Notional Amount * Floating Rate Day Count
                  Fraction.

              
	 	 
	
                Designated
                  Maturity:

              	
                One
                  month

              
	 	 
	
                Floating
                  Rate Day 

              	 
	
                Count
                  Fraction:

              	
                Actual/360

              
	 	 
	
                Reset
                  Dates:

              	
                The
                  first day of each Calculation Period.

              
	 	 
	
                Compounding:

              	
                Inapplicable

              
	 	 
	
                Business
                  Days:

              	
                New
                  York and Illinois

              
	 	 
	
                Business
                  Day Convention:

              	
                Following

              
	 	 
	
                Calculation
                  Agent:

              	
                BSFP

              

      

      

      3.  Additional
        Provisions: 

       

      1)
          Each
        party hereto is hereby advised and acknowledges that the other party has
        engaged
        in (or refrained from engaging in) substantial financial transactions and
        has
        taken (or refrained from taking) other material actions in reliance upon
        the
        entry by the parties into the Transaction being entered into on the terms
        and
        conditions set forth herein and in the Pooling and Servicing Agreement relating
        to such Transaction, as applicable. This paragraph 1) shall be deemed repeated
        on the trade date of each Transaction. 

       

      4.  Provisions
        Deemed Incorporated in a Schedule to the ISDA Form Master
        Agreement:

       

      1)
          The
        parties agree that subparagraph (ii) of Section 2(c) of the ISDA Form Master
        Agreement will apply to any Transaction.

       

      2)
          Termination
        Provisions.
        For
        purposes of the ISDA Form Master Agreement:

       

      (a)  "Specified
        Entity" is not applicable to BSFP or Counterparty for any purpose. 

       

      (b)  "Specified
        Transaction" is not applicable to BSFP or Counterparty for any purpose, and,
        accordingly, Section 5(a)(v) shall not apply to BSFP or
        Counterparty.

       

      (c)  The
        "Cross Default" provisions of Section 5(a)(vi) will not apply to BSFP or
        to
        Counterparty. 

       

      (d)  The
        "Credit Event Upon Merger" provisions of Section 5(b)(iv) will not apply
        to BSFP
        or Counterparty.

       

      (e)  With
        respect to Counterparty, the “Bankruptcy Provision” of Section 5(a)(vii)(2)
        shall be deleted in its entirety.

       

      (f)  The
        "Automatic Early Termination" provision of Section 6(a) will not apply to
        BSFP
        or to Counterparty.

       

      (g)  Payments
        on Early Termination. For the purpose of Section 6(e) of the ISDA Form Master
        Agreement:

       

      (i)  Market
        Quotation will apply.

       

      (ii)  the
        Second Method will apply. 

       

      (h)  "Termination
        Currency" means United States Dollars. 

       

      (i)  Tax
        Event. The provisions of Section 2(d)(i)(4) and 2(d)(ii) of the printed ISDA
        Form Master Agreement shall not apply to Counterparty and Counterparty shall
        not
        be required to pay any additional amounts referred to therein. 

       

      3)
          Tax
        Representations. 

       

      (a)  Payer
        Representations. For the purpose of Section 3(e) of the ISDA Form Master
        Agreement, each of BSFP and the Counterparty will make the following
        representations:

       

      It
        is not
        required by any applicable law, as modified by the practice of any relevant
        governmental revenue authority, of any Relevant Jurisdiction to make any
        deduction or withholding for or on account of any Tax from any payment (other
        than interest under Section 2(e), 6(d)(ii) or 6(e) of the ISDA Form Master
        Agreement) to be made by it to the other party under this Agreement. In making
        this representation, it may rely on: 

       

      (i)  the
        accuracy of any representations made by the other party pursuant to Section
        3(f)
        of the ISDA Form Master Agreement;

       

      (ii)  the
        satisfaction of the agreement contained in Sections 4(a)(i) and 4(a)(iii)
        of the
        ISDA Form Master Agreement and the accuracy and effectiveness of any document
        provided by the other party pursuant to Sections 4(a)(i) and 4(a)(iii) of
        the
        ISDA Form Master Agreement; and

       

      (iii)  the
        satisfaction of the agreement of the other party contained in Section 4(d)
        of
        the ISDA Form Master Agreement, provided that it shall not be a breach of
        this
        representation where reliance is placed on clause (ii) and the other party
        does
        not deliver a form or document under Sections 4(a)(i) and 4(a)(iii) by reason
        of
        material prejudice to its legal or commercial position. 

       

      (b)  Payee
        Representations. For the purpose of Section 3(f) of the ISDA Form Master
        Agreement, each of BSFP and the Counterparty make the following representations.
        

       

      The
        following representation will apply to BSFP: 

       

      BSFP
        is a
        corporation organized under the laws of the State of Delaware and its U.S.
        taxpayer identification number is 13-3866307. 

       

      The
        following representation will apply to the Counterparty: 

       

      The
        beneficial owner of the payments made to it under this Agreement is either
        (i) a
        "U.S. person" (as that term is used in section 1.1441-4(a)(3)(ii) of United
        States Treasury Regulations) for United States federal income tax purposes
        and
        an "Exempt recipient" within the meaning of section 1.6049-4(c)(1)(ii) of
        United
        States Treasury Regulations, or (ii) a "non-U.S. branch of a foreign person"
        as
        that term is used in section 1.1441-4(a)(3)(ii) of the United States Treasury
        Regulations (the "Regulations") for United States federal income tax purposes,
        and it is a "foreign person" as that term is used in section 1.6041-4(a)(4)
        of
        the Regulations for United States federal income tax purposes.

       

      4)
          The
        ISDA
        Form Master Agreement is hereby amended as follows:

       

      The
        word
“third” shall be replaced by the word “second” in the third line of Section
        5(a)(i) of the ISDA Form Master Agreement.

       

      5)
          Documents
        to be Delivered.
        For the
        purpose of Section 4(a) of the ISDA Form Master Agreement:

       

       (1) Tax
        forms, documents, or certificates to be delivered are:

      
        	
                 

                Party
                  required to deliver document

              	
                 

                Form/Document/

                Certificate

              	
                 

                Date
                  by which to

                be
                  delivered

              
	
                 

                BSFP
                  and

                the
                  Counterparty

                 

              	
                 

                Any
                  document required or reasonably requested to allow the other party
                  to make
                  payments under this Agreement without any deduction or withholding
                  for or
                  on the account of any Tax or with such deduction or withholding
                  at a
                  reduced rate

                 

              	
                Promptly
                  after the earlier of (i) reasonable demand by either party or (ii)
                  learning that such form or document is required

                 

              

      

      

      

      

      

      (2) Other
        documents to be delivered are:

      
        	
                 

                Party
                  required to deliver document

              	
                 

                Form/Document/

                Certificate

              	
                 

                Date
                  by which to

                be
                  delivered

              	
                 

                Covered
                  by Section 3(d) Representation

              
	
                 

                BSFP
                  and

                the
                  Counterparty

                 

              	
                 

                Any
                  documents required by the receiving party to evidence the authority
                  of the
                  delivering party or its Credit Support Provider, if any, for it
                  to execute
                  and deliver this Agreement, any Confirmation , and any Credit Support
                  Documents to which it is a party, and to evidence the authority
                  of the
                  delivering party or its Credit Support Provider to perform its
                  obligations
                  under this Agreement, such Confirmation and/or Credit Support Document,
                  as
                  the case may be

                 

              	
                 

                Upon
                  the execution and delivery of this Agreement and such
                  Confirmation

                 

              	
                 

                Yes

                 

              
	
                 

                BSFP
                  and

                the
                  Counterparty

                 

              	
                 

                A
                  certificate of an authorized officer of the party, as to the incumbency
                  and authority of the respective officers of the party signing this
                  Agreement, any relevant Credit Support Document, or any Confirmation,
                  as
                  the case may be

                 

              	
                 

                Upon
                  the execution and delivery of this Agreement and such
                  Confirmation

                 

              	
                 

                Yes

                 

              

      

      

      
        	
                BSFP

                 

              	
                 

                A
                  copy of the most recent annual report of such party (only if
                  available) and its Credit Support Provider, if any, containing
                  in all
                  cases audited consolidated financial statements for each fiscal
                  year
                  certified by independent certified public accountants and prepared
                  in
                  accordance with generally accepted accounting principles in the
                  United
                  States or in the country in which such party is organized

                 

              	
                 

                Promptly
                  after request by the other party

                 

              	
                 

                Yes

                 

              
	
                Counterparty
                  

                 

              	
                 

                An
                  executed copy of the Pooling and Servicing Agreement

                 

              	
                 

                Upon
                  the later of (i) receipt by Counterparty or (ii) 30 days after
                  the date of
                  this Agreement.

                 

              	
                 

                No

                 

              

      

      

      6)
          Miscellaneous.
        Miscellaneous

       

      (a)  Address
        for Notices: For the purposes of Section 12(a) of the ISDA Form Master
        Agreement:

       

      Address
        for notices or communications to BSFP:

       

      
        	
                Address:

              	
                383
                  Madison Avenue, New York, New York 10179

              
	
                Attention:

              	
                DPC
                  Manager 

              
	
                Facsimile:

              	
                (212)
                  272-5823

              

      

      

      with
        a
        copy to:

       

      
        	
                Address:

              	
                One
                  Metrotech Center North, Brooklyn, New York 11201

              
	
                Attention:

              	
                Derivative
                  Operations - 7th Floor

              
	
                Facsimile:

              	
                (212)
                  272-1634

              

      

      

      (For
        all
        purposes)

       

      Address
        for notices or communications to the Counterparty:

       

      
        	
                Address:

              	
                LaSalle
                  Bank National Association

              
	 	
                135
                  South LaSalle Street, Suite 1625

              
	 	
                Chicago,
                  IL 60603

              
	
                Attention:

              	
                Global
                  Securities and Trust Services Group-Bear Stearns 

              
	 	
                Asset
                  Backed Securities I Trust 2006-HE7

              
	 	 
	
                Facsimile:

              	
                (312)
                  904-1368

              
	
                Phone:

              	
                (312)
                  904-4373

              

      

      

      (For
        all
        purposes)

       

      (b)  Process
        Agent. For the purpose of Section 13(c) of the ISDA Form Master
        Agreement:

       

      
        	
                BSFP
                  appoints as its 

              	 
	
                Process
                  Agent: 

              	
                Not
                  Applicable

              
	 	 
	
                The
                  Counterparty appoints as its 

              	 
	
                Process
                  Agent:

              	
                Not
                  Applicable

              

      

      

      (c)  Offices.
        The provisions of Section 10(a) of the ISDA Form Master Agreement will not
        apply
        to this Agreement; neither BSFP nor the Counterparty have any Offices other
        than
        as set forth in the Notices Section and BSFP agrees that, for purposes of
        Section 6(b) of the ISDA Form Master Agreement, it shall not in future have
        any
        Office other than one in the United States.

       

      (d)  Multibranch
        Party. For the purpose of Section 10(c) of the ISDA Form Master
        Agreement:

       

      BSFP
        is
        not a Multibranch Party.

       

      The
        Counterparty is not a Multibranch Party.

       

      (e)  Credit
        Support Document. 

       

      BSFP:
        Not
        applicable, except for any guarantee or contingent agreement delivered pursuant
        to paragraph 9 below.

       

      The
        Counterparty: Not Applicable

       

      (f)  Credit
        Support Provider.

       

      BSFP: Not
        applicable, except for any guarantor or other provider of credit support
        pursuant to paragraph 9 below.

       

      The
        Counterparty: Not Applicable

       

      (g)  Governing
        Law.The
        parties to this Agreement hereby agree that the law of the State of New York
        shall govern their rights and duties in whole, without regard to the conflict
        of
        law provisions thereof other than New York General Obligations Law Sections
        5-1401 and 5-1402. 

       

      (h)  Severability.If
        any
        term, provision, covenant, or condition of this Agreement, or the application
        thereof to any party or circumstance, shall be held to be invalid or
        unenforceable (in whole or in part) for any reason, the remaining terms,
        provisions, covenants, and conditions hereof shall continue in full force
        and
        effect as if this Agreement had been executed with the invalid or unenforceable
        portion eliminated, so long as this Agreement as so modified continues to
        express, without material change, the original intentions of the parties
        as to
        the subject matter of this Agreement and the deletion of such portion of
        this
        Agreement will not substantially impair the respective benefits or expectations
        of the parties. 

       

      The
        parties shall endeavor to engage in good faith negotiations to replace any
        invalid or unenforceable term, provision, covenant or condition with a valid
        or
        enforceable term, provision, covenant or condition, the economic effect of
        which
        comes as close as possible to that of the invalid or unenforceable term,
        provision, covenant or condition. 

       

      (i)  Consent
        to Recording. Each party hereto consents to the monitoring or recording,
        at any
        time and from time to time, by the other party of any and all communications
        between officers or employees of the parties, waives any further notice of
        such
        monitoring or recording, and agrees to notify its officers and employees
        of such
        monitoring or recording. 

       

      (j)  Waiver
        of
        Jury Trial.Each
        party waives any right it may have to a trial by jury in respect of any
        Proceedings relating to this Agreement or any Credit Support Document.

       

      (k)  Set-Off.
        The provisions for Set-off set forth in Section 6(e) of the ISDA Form Master
        Agreement shall not apply for purposes of this Transaction. Notwithstanding
        any
        provision of this Agreement or any other existing or future agreement, each
        party irrevocably waives any and all rights it may have to set off, net,
        recoup
        or otherwise withhold or suspend or condition payment or performance of any
        obligation between it and the other party hereunder against any obligation
        between it and the other party under any other agreements. 

       

      (l)  This
        Agreement may be executed in several counterparts, each of which shall be
        deemed
        an original but all of which together shall constitute one and the same
        instrument.

       

      (m)  Additional
        Definitional Provisions. 

       

      As
        used
        in this Agreement, the following terms shall have the meanings set forth
        below,
        unless the context clearly requires otherwise: 

       

      “Moody’s”
        means Moody’s Investors Service, Inc., or any successor.

       

      “S&P”
        means Standard & Poor's Ratings Service, a division of The McGraw-Hill
        Companies, Inc., or any successor.

       

      “Fitch”
        means Fitch Ratings.

       

      (n)  Group
        II
        Supplemental Interest Trust Trustee Liability Limitations. It is expressly
        understood and agreed by the parties hereto that (a) this Agreement is executed
        and delivered by LaSalle Bank National Association (“LaSalle”), not individually
        or personally but solely as Group II Supplemental Interest Trust Trustee,
        (b)
        each of the representations, undertakings and agreements herein made on the
        part
        of the Counterparty is made and intended not as personal representations,
        undertakings and agreements by LaSalle but is made and intended for the purpose
        of binding only the Counterparty, (c) nothing herein contained shall be
        construed as creating any liability on LaSalle, individually or personally,
        to
        perform any covenant either expressed or implied contained herein, all such
        liability, if any, being expressly waived by the parties hereto and by any
        Person claiming by, through or under the parties hereto; provided that nothing
        in this paragraph shall relieve LaSalle from performing its duties and
        obligations under the Pooling and Servicing Agreement in accordance with
        the
        standard of care set forth therein, (d) under no circumstances shall LaSalle
        be
        personally liable for the payment of any indebtedness or expenses of the
        Counterparty or be liable for the breach or failure of any obligation,
        representation, warranty or covenant made or undertaken by the Counterparty
        under this Agreement or any other related documents, (e) LaSalle has been
        directed pursuant to the Pooling and Servicing Agreement to enter into this
        Agreement and to perform its obligations hereunder and (f) the parties hereto
        acknowledge and agree that under (i) the Swap Administration Agreement, dated
        as
        of August 30, 2006, among LaSalle Bank National Association, as swap
        administrator (in such capacity, the “Swap Administrator”), LaSalle Bank
        National Association, as Group I Supplemental Interest Trust Trustee and
        as
        Group II Supplemental Interest Trust Trustee and LaSalle Bank National
        Association, as trustee for Bear Stearns Asset Backed Securities I Trust
        2006-HE7 Asset-Backed Certificates, Series 2006-HE7, and as amended from
        time to
        time (ii) the Pooling and Servicing Agreement and (iii) this Agreement, the
        Swap
        Administrator may act for the Counterparty hereunder, and BSFP hereby
        acknowledges and agrees that it will, unless otherwise directed by the Group
        II
        Supplemental Interest Trust Trustee or the Swap Administrator, make all payments
        hereunder to the account specified below. Any resignation or removal of LaSalle
        as Group II Supplemental Interest Trust Trustee under the Pooling and Servicing
        Agreement shall require the assignment of this agreement to LaSalle’s
        replacement.

       

      (o)  Additional
        Provisions. The provisions of Sections 5(a)(ii), 5(a)(iii) and 5(a)(iv) of
        the
        ISDA Form Master Agreement shall not apply to BSFP or Counterparty; provided,
        however, that the provisions of Section 5(a)(iii) will apply to BSFP if BSFP
        provides a guarantee or other contingent agreement pursuant to Part 9
        below.

       

      7)
          "Affiliate":
        BSFP and Counterparty shall be deemed to have no Affiliates for purposes
        of this
        Agreement, including for purposes of Section 6(b)(ii) of the ISDA Form Master
        Agreement.

       

      8)
          Additional
        Termination Events. The following Additional Termination Events will apply:
        

       

      (a)  If
        a
        Rating Agency Downgrade has occurred and BSFP has not, within the time period
        specified therein, complied with paragraph 9 below, then an Additional
        Termination Event shall have occurred with respect to BSFP and BSFP shall
        be the
        sole Affected Party with respect to such Additional Termination Event.

       

      (b)  If,
        upon
        the occurrence of a Swap Disclosure Event (as defined in Section 15(ii) below)
        BSFP has not, within 10 calendar days after such Swap Disclosure Event complied
        with any of the provisions set forth in Section 15(iii) below, then an
        Additional Termination Event shall have occurred with respect to BSFP and
        BSFP
        shall be the sole Affected Party with respect to such Additional Termination
        Event.

       

      (c)  If,
        without the prior written consent of BSFP where such consent is required
        under
        the Pooling and Servicing Agreement (such consent not to be unreasonably
        withheld), an amendment or supplemental agreement is made to the Pooling
        and
        Servicing Agreement which amendment or supplemental agreement could reasonably
        be expected to have a material adverse effect on the interests of BSFP under
        this Agreement, an Additional Termination Event shall have occurred with
        respect
        to Counterparty and Counterparty shall be the sole Affected Party with respect
        to such Additional Termination Event and all Transactions hereunder shall
        be
        Affected Transactions.

       

      (d)  If
        the
        Trustee is unable to pay, or fails or admits in writing its inability to
        pay, on
        any Distribution Date, any Current
        Interest
        with
        respect to the Class A Certificates or the ultimate payment of principal
        with
        respect to the Class A Certificates, in either case to the extent required
        pursuant to the terms of the Pooling and Servicing Agreement to be paid to
        the
        Class A Certificates on such Distribution Date, then an Additional Termination
        Event shall have occurred with respect to Counterparty and Counterparty shall
        be
        the sole Affected Party with respect to such Additional Termination Event;
        

       

      (e)  An
        Additional Termination Event shall occur upon the notice to Certificateholders
        of an Optional Termination becoming unrescindable in accordance with
Article
        X
        of the
        Pooling and Servicing Agreement (such notice, the “Optional Termination
        Notice”). 

       

      With
        respect to such Additional Termination Event: 

       

      (i)  Counterparty
        shall be the sole Affected Party and this Transaction shall be the sole Affected
        Transaction; 

       

      (ii)  notwithstanding
        anything to the contrary in Section 6(b)(iv) of the ISDA Form Master Agreement
        or Section 6(c)(i) of the ISDA Form Master Agreement, the final Distribution
        Date specified in the Optional Termination Notice is hereby designated as
        the
        Early Termination Date in respect of all Affected Transactions; 

       

      (iii)  Section
        2(a)(iii)(2) of the ISDA Form Master Agreement shall not be applicable to
        any
        Affected Transaction; notwithstanding anything to the contrary in Section
        6(c)(ii) of the ISDA Form Master Agreement, payments and deliveries under
        Section 2(a)(i) of the ISDA Form Master Agreement or Section 2(e) of the
        ISDA
        Form Master Agreement in respect of the Terminated Transactions will be required
        to be made through and including the Early Termination Date; provided, for
        the
        avoidance of doubt, that any such payments or deliveries that are made on
        or
        prior to the Early Termination Date will not be treated as Unpaid Amounts
        in
        determining the amount payable in respect of an Early Termination Date;

       

      (iv)  notwithstanding
        anything to the contrary in Section 6(d)(i) of the ISDA Form Master Agreement,
        (A) if, no later than 4:00 pm New York City time on the day that is four
        Business Days prior to the final Distribution Date specified in the Optional
        Termination Notice, the Trustee requests the amount of the Estimated Swap
        Termination Payment, BSFP shall provide to the Swap Administrator in writing
        (which may be done in electronic format) the amount of the Estimated Swap
        Termination Payment no later than 2:00 pm New York City time on the following
        Business Day and (B) if the Trustee
        provides written notice (which may be done in electronic format) to BSFP
        no
        later than two Business Days prior to the final Distribution Date specified
        in
        the Optional Termination Notice that all requirements of the Optional
        Termination have been met, then BSFP shall, no later than one Business Day
        prior
        to the final Distribution Date specified in the Optional Termination Notice,
        make the calculations contemplated by Section 6(e) of the ISDA Form Master
        Agreement (as amended herein) and provide to the Trustee in writing (which
        may
        be done in electronic format) the amount payable by either Counterparty or
        BSFP
        in respect of the related Early Termination Date; provided, however, that
        the
        amount payable by Counterparty, if any, in respect of the related Early
        Termination Date shall be the lesser of (x) the amount calculated to be due
        by
        the Counterparty pursuant to Section 6(e) of the ISDA Form Master Agreement
        and
        (y) the Estimated Swap Termination Payment; and

       

      (v)  notwithstanding
        anything to the contrary in Section 6(d)(ii) of the ISDA Form Master Agreement,
        any amount due from the Counterparty to BSFP in respect of the Early Termination
        Date will be payable on the Early Termination Date and any amount due from
        BSFP
        to the Counterparty in respect of the Early Termination Date will be payable
        one
        Business Day prior to the Early Termination Date.

       

      “Estimated
        Swap Termination Payment” shall mean, with respect to an Early Termination Date,
        an amount determined by BSFP in its sole discretion as the maximum payment
        that
        could be owed by Counterparty with respect to such Early Termination Date
        pursuant to Section 6(e) of the ISDA Form Master Agreement taking into account
        then current market conditions.

       

      The
        Trustee shall be an express third party beneficiary of this Agreement as
        if a
        party hereto to the extent of the Trustee’s rights specified in Paragraph
        8(e) hereof.

       

      9)
          Rating
        Agency Downgrade. In the event that BSFP’s long-term unsecured and
        unsubordinated debt rating is reduced below “AA-” by S&P or its long-term
        unsecured and unsubordinated debt rating is withdrawn or reduced below “Aa3” by
        Moody’s (and together with S&P and Fitch, the “Swap Rating Agencies”, and
        such rating thresholds, “Approved Rating Thresholds”), then within 30 days after
        such rating withdrawal or downgrade (unless, within 30 days after such
        withdrawal or downgrade, each such Swap Rating Agency, as applicable, has
        reconfirmed the rating of the Bear Stearns Asset Backed Securities I Trust
        2006-HE7, Asset-Back Certificates, Series 2006-HE7 (the “Certificates”) and CMO
        Holdings II Ltd., BSABS HE1 NIM Trust 2006-HE7, Asset-Backed Notes, Series
        2006-HE7 (the “Notes”), which was in effect immediately prior to such withdrawal
        or downgrade), BSFP shall, subject to the Rating Agency Condition, at its
        own
        expense, (i) seek another entity to replace BSFP as party to this Agreement
        that
        meets or exceeds the Approved Rating Thresholds on terms substantially similar
        to this Agreement, (ii) obtain a guaranty of, or a contingent agreement of
        another person with the Approved Rating Thresholds, to honor, BSFP’s obligations
        under this Agreement, or (iii) take any other actionsubject to Rating Agency
        Condition. In the event that BSFP’s long-term unsecured and unsubordinated debt
        rating is withdrawn or reduced below “BBB-” by S&P, then within 10 business
        days after such rating withdrawal or downgrade, BSFP shall, subject to the
        Rating Agency Condition and at its own expense, (i) secure another entity
        to
        replace BSFP as party to this Agreement that meets or exceeds the Approved
        Rating Thresholds on terms substantially similar to this Agreement, or (ii)
        obtain a guaranty of, or a contingent agreement of another person with the
        Approved Rating Thresholds, to honor, BSFP’s obligations under this Agreement.
        BSFP’s failure to do any of the foregoing shall constitute an Additional
        Termination Event with BSFP as the Affected Party. For purposes of this
        provision, “Rating Agency Condition” means, with respect to any particular
        proposed act or omission to act hereunder that the party acting or failing
        to
        act must consult with each of the Swap Rating Agencies then providing a rating
        of the Certificates and any Notes and receive from each of the Swap Rating
        Agencies a prior written confirmation that the proposed action or inaction
        would
        not cause a downgrade or withdrawal of the then-current rating of the
        Certificates and any Notes.

       

      10)
          Payment
        Instructions. BSFP hereby agrees that, unless notified in writing by the
        Group
        II Supplemental Interest Trust Trustee or the Swap Administrator of other
        payment instructions, any and all amounts payable by BSFP to the Counterparty
        under this Agreement shall be paid to the Swap Administrator at the account
        specified in Section 5.

       

      11)
          Section
        3
        of the ISDA Form Master Agreement is hereby amended by adding at the end
        thereof
        the following subsection (g): 

       

      “(g) Relationship
        Between Parties. 

       

      Each
        party represents to the other party on each date when it enters into a
        Transaction that:--

       

      (1)
        Nonreliance.
        (i) It
        is not relying on any statement or representation of the other party regarding
        the Transaction (whether written or oral), other than the representations
        expressly made in this Agreement or the Confirmation in respect of that
        Transaction and (ii) it has consulted with its own legal, regulatory, tax,
        business, investment, financial and accounting advisors to the extent it
        has
        deemed necessary, and it has made its own investment, hedging and trading
        decisions based upon its own judgment and upon any advice from such advisors
        as
        it has deemed necessary and not upon any view expressed by the other
        party.

       

      (2)
        Evaluation
        and Understanding.
        

       

      (i)
        It
        has the capacity to evaluate (internally or through independent professional
        advice) the Transaction and has made its own decision, subject to section
        6(n)
        of this Agreement, to enter into the Transaction; and

       

      (ii)
        It
        understands the terms, conditions and risks of the Transaction and is willing
        and able to accept those terms and conditions and to assume those risks,
        financially and otherwise. 

       

      (3)
        Purpose.
        It is
        entering into the Transaction for the purposes of managing its borrowings
        or
        investments, hedging its underlying assets or liabilities or in connection
        with
        a line of business. 

       

      (4)
        Status
        of Parties.
        The
        other party is not acting as an agent, fiduciary or advisor for it in respect
        of
        the Transaction.

       

      (5)
        Eligible
        Contract Participant.
        It
        constitutes an “eligible contract participant” as such term is defined in
        Section 1(a)12 of the Commodity Exchange Act, as amended.”

       

      12)
          Non-Recourse.
        Notwithstanding any provision herein or in the ISDA Form Master Agreement
        to the
        contrary, the obligations of Counterparty hereunder are limited recourse
        obligations of Counterparty, payable solely from the Swap Account and the
        proceeds thereof, in accordance with the terms of the Pooling and Servicing
        Agreement. In the event that the Swap Account and proceeds thereof should
        be
        insufficient to satisfy all claims outstanding and following the realization
        of
        the Swap Account and the proceeds thereof, any claims against or obligations
        of
        Counterparty under the ISDA Form Master Agreement or any other confirmation
        thereunder still outstanding shall be extinguished and thereafter not revive.
        Neither the Group II Supplemental Interest Trust Trustee nor the Swap
        Administrator shall have liability for any failure or delay in making a payment
        hereunder to BSFP due to any failure or delay in receiving amount in the
        Swap
        Account from the Trust created pursuant to the Pooling and Servicing
        Agreement.

       

      13)
          Transfer,
        Amendment and Assignment. No
        transfer, amendment, waiver, supplement, assignment or other modification
        of
        this Transaction shall be permitted by either party unless (i) each of Fitch,
        S&P and Moody’s has been provided notice of the same and (ii) each of Fitch,
        S&P and Moody’s confirm in writing (including by facsimile transmission)
        after such notice is given that it will not downgrade, qualify, withdraw
        or
        otherwise modify its then-current rating of the Certificates and (iii) Fitch,
        S&P and Moody’s confirms in writing (including by facsimile transmission)
        that it will not downgrade, qualify, withdraw or otherwise modify its
        then-current rating of any Notes.

       

      14)
          Proceedings.
        BSFP shall not institute against or cause any other person to institute against,
        or join any other person in instituting against Counterparty, the Trustee,
        the
        Indenture Trustee or the trust formed pursuant to the Pooling and Servicing
        Agreement, any bankruptcy, reorganization, arrangement, insolvency or
        liquidation proceedings, or other proceedings under any federal or state
        bankruptcy or similar law for a period of one year and one day (or, if longer,
        the applicable preference period) following payment in full of all Certificates
        and Notes.

       

      15)
          Compliance
        with Regulation AB. 

       

      (i)  BSFP
        agrees and acknowledges that Bear Stearns Asset Backed Securities I LLC
        (“BSABS”) is required under Regulation AB under the Securities Act of 1933, as
        amended, and the Securities Exchange Act of 1934, as amended (the “Exchange
        Act”) (“Regulation AB”), to disclose certain financial information regarding
        BSFP or its group of affiliated entities, if applicable, depending on the
        aggregate “significance percentage” of this Agreement and any other derivative
        contracts between BSFP or its group of affiliated entities, if applicable,
        and
        Counterparty, as calculated from time to time in accordance with Item 1115
        of
        Regulation AB. 

       

      (ii)  It
        shall
        be a swap disclosure event (“Swap Disclosure Event”) if, on any Business Day
        after the date hereof for so long as the Issuing Entity is required to file
        periodic reports under the Exchange Act, BSABS requests from BSFP the applicable
        financial information described in Item 1115 of Regulation AB (such request
        to
        be based on a reasonable determination by BSABS, in good faith, that such
        information is required under Regulation AB) (the “Swap Financial
        Disclosure”).

       

      (iii)  Upon
        the
        occurrence of a Swap Disclosure Event, BSFP, within ten (10) days and at
        its own
        expense, shall (1)(a) either (i) provide to BSABS the current Swap Financial
        Disclosure in an EDGAR-compatible format (for example, such information may
        be
        provided in Microsoft Word® or Microsoft Excel® format but not in .pdf format)
        or (ii) provide written consent to BSABS to incorporation by reference of
        such
        current Swap Financial Disclosure that are filed with the Securities and
        Exchange Commission in the Exchange Act Reports of BSABS, (b) if applicable,
        cause its outside accounting firm to provide its consent to filing or
        incorporation by reference in the Exchange Act Reports of BSABS of such
        accounting firm’s report relating to their audits of such current Swap Financial
        Disclosure, and (c) provide to BSABS any updated Swap Financial Disclosure
        with
        respect to BSFP or any entity that consolidates BSFP within five days of
        the
        release of any such updated Swap Financial Disclosure; (2) secure another
        entity
        to replace BSFP as party to this Agreement on terms substantially similar
        to
        this Agreement and subject to prior notification to the Swap Rating Agencies,
        which entity (or a guarantor therefor) satisfies the Rating Agency Condition
        and
        which entity is able to comply with the requirements of Item 1115 of Regulation
        AB or (3) subject to the Rating Agency Condition, obtain a guaranty of the
        BSFP’s obligations under this Agreement from an affiliate of the BSFP that is
        able to comply with the financial information disclosure requirements of
        Item
        1115 of Regulation AB, such that disclosure provided in respect of the affiliate
        will satisfy any disclosure requirements applicable to the Swap Provider,
        and
        cause such affiliate to provide Swap Financial Disclosure. If permitted by
        Regulation AB, any required Swap Financial Disclosure may be provided by
        incorporation by reference from reports filed pursuant to the Exchange
        Act.

       

      (iv)  BSFP
        agrees that, in the event that BSFP provides Swap Financial Disclosure to
        BSABS
        in accordance with Section 15(iii)(a) or causes its affiliate to provide
        Swap
        Financial Disclosure to BSABS in accordance with Section 15(iii)(c), it will
        indemnify and hold harmless BSABS, its respective directors or officers and
        any
        person controlling BSABS, from and against any and all losses, claims, damages
        and liabilities caused by any untrue statement or alleged untrue statement
        of a
        material fact contained in such Swap Financial Disclosure or caused by any
        omission or alleged omission to state in such Swap Financial Disclosure a
        material fact required to be stated therein or necessary to make the statements
        therein, in light of the circumstances under which they were made, not
        misleading.

       

      16)
          Third
        Party Beneficiary. BSABS shall be an express third party beneficiary of this
        Agreement as if a party hereto to the extent of BSABS’s rights explicitly
        specified herein.

       

      NEITHER
        THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR
        STEARNS COMPANIES INC. OTHER THAN BSFP IS AN OBLIGOR OR A CREDIT SUPPORT
        PROVIDER ON THIS AGREEMENT.

       

      5. 

      
        	
                Account
                  Details and

              	 
	
                Settlement
                  Information:

              	
                Payments
                  to BSFP:

              
	 	
                Citibank,
                  N.A., New York

              
	 	
                ABA
                  Number: 021-0000-89, for the account of

              
	 	
                Bear,
                  Stearns Securities Corp.

              
	 	
                Account
                  Number: 0925-3186, for further credit to

              
	 	
                Bear
                  Stearns Financial Products Inc.

              
	 	
                Sub-account
                  Number: 102-04654-1-3

              
	 	
                Attention:
                  Derivatives Department

              
	 	 
	 	
                Payments
                  to Counterparty:

              
	 	
                Bank
                  Name: LaSalle Bank National Association 

              
	 	
                ABA
                  Number: 071000505 LaSalle 

              
	 	
                CHGO/CTR/BNF:/LaSalle
                  Trust Reference Trust 

              
	 	
                Account
                  Number: 724011.3

              
	 	
                Attention:
                  Kimberly Sturm (312) 904-4373

              

      

      

       

      This
        Agreement may be executed in several counterparts, each of which shall be
        deemed
        an original but all of which together shall constitute one and the same
        instrument.

       

      Counterparty
        hereby agrees to check this Confirmation and to confirm that the foregoing
        correctly sets forth the terms of the Transaction by signing in the space
        provided below and returning to BSFP a facsimile of the fully-executed
        Confirmation to 212-272-9857.
        For
        inquiries regarding U.S. Transactions, please contact Susan
        Donlon by
        telephone at 212-272-2364.
        For
        all
        other inquiries please
        contact Derivatives
        Documentation by
        telephone at
        353-1-402-6233.
        Originals will be provided for your execution upon your request.

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      We
        are
        very pleased to have executed this Transaction with you and we look forward
        to
        completing other transactions with you in the near future.

       

      Very
        truly yours,

       

      BEAR
        STEARNS FINANCIAL PRODUCTS INC.

      

      By: _______________________________
        

          Name: 

      Title: 

      

      Counterparty,
        acting through its duly authorized signatory, hereby agrees to, accepts and
        confirms the terms of the foregoing as of the Trade Date.

       

      LASALLE
        BANK NATIONAL ASSOCIATION, NOT INDIVIDUALLY, BUT SOLELY AS GROUP II SUPPLEMENTAL
        INTEREST TRUST TRUSTEE ON BEHALF THE GROUP II SUPPLEMENTAL INTEREST TRUST
        WITH
        RESPECT TO BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2006-HE7 ASSET-BACKED
        CERTIFICATES, SERIES 2006-HE7

      

      
 

      By: _______________________________
        

          Name: 

      Title:

      

      am

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      SCHEDULE
        I

      (For
        the
        purposes of determining Floating Amounts, all such dates subject to adjustment
        in accordance with the Following Business Day Convention and for purposes
        of
        determining Fixed Amounts, all such dates subject to No
        Adjustment.)

      

      
        	
                From
                  and including

              	
                To
                  but excluding

              	
                Notional
                  Amount

                (USD)

              
	
                Effective
                  Date

              	
                25-Sep-06

              	
                4,143,561.93

              
	
                25-Sep-06

              	
                25-Oct-06

              	
                4,086,271.37

              
	
                25-Oct-06

              	
                25-Nov-06

              	
                4,016,375.88

              
	
                25-Nov-06

              	
                25-Dec-06

              	
                3,934,004.12

              
	
                25-Dec-06

              	
                25-Jan-07

              	
                3,839,397.42

              
	
                25-Jan-07

              	
                25-Feb-07

              	
                3,732,912.94

              
	
                25-Feb-07

              	
                25-Mar-07

              	
                3,615,025.56

              
	
                25-Mar-07

              	
                25-Apr-07

              	
                3,486,328.30

              
	
                25-Apr-07

              	
                25-May-07

              	
                3,347,570.89

              
	
                25-May-07

              	
                25-Jun-07

              	
                3,199,675.02

              
	
                25-Jun-07

              	
                25-Jul-07

              	
                3,058,206.39

              
	
                25-Jul-07

              	
                25-Aug-07

              	
                2,923,103.98

              
	
                25-Aug-07

              	
                25-Sep-07

              	
                2,794,078.60

              
	
                25-Sep-07

              	
                25-Oct-07

              	
                2,670,853.20

              
	
                25-Oct-07

              	
                25-Nov-07

              	
                2,553,163.54

              
	
                25-Nov-07

              	
                25-Dec-07

              	
                2,440,757.48

              
	
                25-Dec-07

              	
                25-Jan-08

              	
                2,333,394.48

              
	
                25-Jan-08

              	
                25-Feb-08

              	
                2,230,845.09

              
	
                25-Feb-08

              	
                25-Mar-08

              	
                2,132,890.38

              
	
                25-Mar-08

              	
                25-Apr-08

              	
                2,039,321.49

              
	
                25-Apr-08

              	
                25-May-08

              	
                1,949,939.16

              
	
                25-May-08

              	
                25-Jun-08

              	
                1,864,553.26

              
	
                25-Jun-08

              	
                25-Jul-08

              	
                1,783,167.11

              
	
                25-Jul-08

              	
                25-Aug-08

              	
                1,705,406.90

              
	
                25-Aug-08

              	
                25-Sep-08

              	
                1,631,108.04

              
	
                25-Sep-08

              	
                25-Oct-08

              	
                1,560,114.03

              
	
                25-Oct-08

              	
                25-Nov-08

              	
                1,492,275.50

              
	
                25-Nov-08

              	
                25-Dec-08

              	
                1,427,449.93

              
	
                25-Dec-08

              	
                25-Jan-09

              	
                1,365,525.44

              
	
                25-Jan-09

              	
                25-Feb-09

              	
                1,306,346.04

              
	
                25-Feb-09

              	
                25-Mar-09

              	
                1,249,787.92

              
	
                25-Mar-09

              	
                25-Apr-09

              	
                1,195,733.00

              
	
                25-Apr-09

              	
                25-May-09

              	
                1,144,068.56

              
	
                25-May-09

              	
                25-Jun-09

              	
                1,094,688.64

              
	
                25-Jun-09

              	
                25-Jul-09

              	
                1,047,535.02

              
	
                25-Jul-09

              	
                25-Aug-09

              	
                1,002,459.48

              
	
                25-Aug-09

              	
                25-Sep-09

              	
                959,368.71

              
	
                25-Sep-09

              	
                25-Oct-09

              	
                918,173.71

              
	
                25-Oct-09

              	
                25-Nov-09

              	
                878,789.54

              
	
                25-Nov-09

              	
                25-Dec-09

              	
                841,135.45

              
	
                25-Dec-09

              	
                25-Jan-10

              	
                805,142.84

              
	
                25-Jan-10

              	
                25-Feb-10

              	
                770,727.84

              
	
                25-Feb-10

              	
                25-Mar-10

              	
                737,819.95

              
	
                25-Mar-10

              	
                25-Apr-10

              	
                706,351.86

              
	
                25-Apr-10

              	
                25-May-10

              	
                676,259.34

              
	
                25-May-10

              	
                25-Jun-10

              	
                647,481.13

              
	
                25-Jun-10

              	
                25-Jul-10

              	
                619,958.63

              
	
                25-Jul-10

              	
                25-Aug-10

              	
                593,635.90

              
	
                25-Aug-10

              	
                25-Sep-10

              	
                172,925.88

              
	
                25-Sep-10

              	
                25-Oct-10

              	
                167,463.42

              
	
                25-Oct-10

              	
                25-Nov-10

              	
                162,172.32

              
	
                25-Nov-10

              	
                25-Dec-10

              	
                157,047.21

              
	
                25-Dec-10

              	
                25-Jan-11

              	
                152,082.92

              
	
                25-Jan-11

              	
                25-Feb-11

              	
                147,274.44

              
	
                25-Feb-11

              	
                25-Mar-11

              	
                142,616.89

              
	
                25-Mar-11

              	
                25-Apr-11

              	
                138,105.57

              
	
                25-Apr-11

              	
                25-May-11

              	
                133,735.90

              
	
                25-May-11

              	
                25-Jun-11

              	
                129,503.46

              
	
                25-Jun-11

              	
                25-Jul-11

              	
                125,403.21

              
	
                25-Jul-11

              	
                Termination
                  Date

              	
                121,431.80

              

      

      

      

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      

      EXHIBIT
        O

       

      [Reserved]

       

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      EXHIBIT
        P

       

      SERVICING
        CRITERIA TO BE ADDRESSED

      IN
        ASSESSMENT OF COMPLIANCE

      

      Definitions

      Master
        Servicer - aggregator of pool assets

      Custodian
        - safe keeper of pool assets

      Trustee
        -
        fiduciary of the transaction, waterfall calculator, paying agent

      

      Where
        there are multiple checks for criteria the attesting party will identify
        in
        their management assertion that they are attesting only to the portion of
        the
        distribution chain they are responsible for in the related transaction
        agreements.

      

      Key: X
        - obligation

      

      

        
          	
                  Reg
                    AB Reference

                	
                  Servicing
                    Criteria

                	
                  Master
                    Servicer

                	
                  Trustee

                	
                  Custodian

                
	 	
                  General
                    Servicing Considerations

                	 	 	 
	
                  1122(d)(1)(i)

                	
                  Policies
                    and procedures are instituted to monitor any performance or other
                    triggers
                    and events of default in accordance with the transaction
                    agreements.

                	
                  X

                	
                  X

                	 
	
                  1122(d)(1)(ii)

                	
                  If
                    any material servicing activities are outsourced to third parties,
                    policies and procedures are instituted to monitor the third party’s
                    performance and compliance with such servicing activities.

                	
                  X

                	 	 
	
                  1122(d)(1)(iii)

                	
                  Any
                    requirements in the transaction agreements to maintain a back-up
                    servicer
                    for the Pool Assets are maintained.

                	 	 	 
	
                  1122(d)(1)(iv)

                	
                  A
                    fidelity bond and errors and omissions policy is in effect on
                    the party
                    participating in the servicing function throughout the reporting
                    period in
                    the amount of coverage required by and otherwise in accordance
                    with the
                    terms of the transaction agreements. 

                	
                  X

                	 	 
	 	
                  Cash
                    Collection and Administration

                	 	 	 
	
                  1122(d)(2)(i)

                	
                  Payments
                    on pool assets are deposited into the appropriate custodial bank
                    accounts
                    and related bank clearing accounts no more than two business
                    days
                    following receipt, or such other number of days specified in
                    the
                    transaction agreements. 

                	
                  X

                	
                  X

                	 
	
                  1122(d)(2)(ii)

                	
                  Disbursements
                    made via wire transfer on behalf of an obligor or to an investor
                    are made
                    only by authorized personnel. 

                	
                  X

                	
                  X

                	 
	
                  1122(d)(2)(iii)

                	
                  Advances
                    of funds or guarantees regarding collections, cash flows or distributions,
                    and any interest or other fees charged for such advances, are
                    made,
                    reviewed and approved as specified in the transaction agreements.
                    

                	
                  X

                	
                  X

                	 
	
                  1122(d)(2)(iv)

                	
                  The
                    related accounts for the transaction, such as cash reserve accounts
                    or
                    accounts established as a form of over collateralization, are
                    separately
                    maintained (e.g., with respect to commingling of cash) as set
                    forth in the
                    transaction agreements. 

                	
                  X

                	
                  X

                	 
	
                  1122(d)(2)(v)

                	
                  Each
                    custodial account is maintained at a federally insured depository
                    institution as set forth in the transaction agreements. For purposes
                    of
                    this criterion, “federally insured depository institution” with respect to
                    a foreign financial institution means a foreign financial institution
                    that
                    meets the requirements of Rule 13k-1(b)(1) of the Securities
                    Exchange Act.
                    

                	
                  X

                	
                  X

                	 
	
                  1122(d)(2)(vi)

                	
                  Unissued
                    checks are safeguarded so as to prevent unauthorized access.
                    

                	
                  X

                	 	 
	
                  1122(d)(2)(vii)
                    

                	
                  Reconciliations
                    are prepared on a monthly basis for all asset-backed securities
                    related
                    bank accounts, including custodial accounts and related bank
                    clearing
                    accounts. These reconciliations are (A) mathematically accurate;
                    (B)
                    prepared within 30 calendar days after the bank statement cutoff
                    date, or
                    such other number of days specified in the transaction agreements;
                    (C)
                    reviewed and approved by someone other than the person who prepared
                    the
                    reconciliation; and (D) contain explanations for reconciling
                    items. These
                    reconciling items are resolved within 90 calendar days of their
                    original
                    identification, or such other number of days specified in the
                    transaction
                    agreements. 

                	
                  X

                	
                  X

                	 
	 	
                  Investor
                    Remittances and Reporting

                	 	 	 
	
                  1122(d)(3)(i)

                	
                  Reports
                    to investors, including those to be filed with the Commission,
                    are
                    maintained in accordance with the transaction agreements and
                    applicable
                    Commission requirements. Specifically, such reports (A) are prepared
                    in
                    accordance with timeframes and other terms set forth in the transaction
                    agreements; (B) provide information calculated in accordance
                    with the
                    terms specified in the transaction agreements; (C) are filed
                    with the
                    Commission as required by its rules and regulations; and (D)
                    agree with
                    investors’ or the trustee’s records as to the total unpaid principal
                    balance and number of Pool Assets serviced by the Servicer.
                    

                	
                  X

                	
                  X

                	 
	
                  1122(d)(3)(ii)

                	
                  Amounts
                    due to investors are allocated and remitted in accordance with
                    timeframes,
                    distribution priority and other terms set forth in the transaction
                    agreements. 

                	
                  X

                	
                  X

                	 
	
                  1122(d)(3)(iii)

                	
                  Disbursements
                    made to an investor are posted within two business days to the
                    Servicer’s
                    investor records, or such other number of days specified in the
                    transaction agreements. 

                	
                  X

                	
                  X

                	 
	
                  1122(d)(3)(iv)

                	
                  Amounts
                    remitted to investors per the investor reports agree with cancelled
                    checks, or other form of payment, or custodial bank statements.
                    

                	
                  X

                	
                  X

                	 
	 	
                  Pool
                    Asset Administration

                	 	 	 
	
                  1122(d)(4)(i)
                    

                	
                  Collateral
                    or security on pool assets is maintained as required by the transaction
                    agreements or related pool asset documents. 

                	 	 	
                  X

                
	
                  1122(d)(4)(ii)

                	
                  Pool
                    assets and related documents are safeguarded as required by the
                    transaction agreements 

                	 	 	
                  X

                
	
                  1122(d)(4)(iii)

                	
                  Any
                    additions, removals or substitutions to the asset pool are made,
                    reviewed
                    and approved in accordance with any conditions or requirements
                    in the
                    transaction agreements. 

                	
                  X

                	
                  X

                	
                  X* 

                
	
                  1122(d)(4)(iv)

                	
                  Payments
                    on pool assets, including any payoffs, made in accordance with
                    the related
                    pool asset documents are posted to the Servicer’s obligor records
                    maintained no more than two business days after receipt, or such
                    other
                    number of days specified in the transaction agreements, and allocated
                    to
                    principal, interest or other items (e.g., escrow) in accordance
                    with the
                    related pool asset documents. 

                	
                  X

                	 	 
	
                  1122(d)(4)(v)

                	
                  The
                    Servicer’s records regarding the pool assets agree with the Servicer’s
                    records with respect to an obligor’s unpaid principal balance.
                    

                	
                  X

                	 	 
	
                  1122(d)(4)(vi)

                	
                  Changes
                    with respect to the terms or status of an obligor's pool assets
                    (e.g.,
                    loan modifications or re-agings) are made, reviewed and approved
                    by
                    authorized personnel in accordance with the transaction agreements
                    and
                    related pool asset documents. 

                	
                  X

                	 	 
	
                  1122(d)(4)(vii)

                	
                  Loss
                    mitigation or recovery actions (e.g., forbearance plans, modifications
                    and
                    deeds in lieu of foreclosure, foreclosures and repossessions,
                    as
                    applicable) are initiated, conducted and concluded in accordance
                    with the
                    timeframes or other requirements established by the transaction
                    agreements. 

                	
                  X

                	 	 
	
                  1122(d)(4)(viii)

                	
                  Records
                    documenting collection efforts are maintained during the period
                    a pool
                    asset is delinquent in accordance with the transaction agreements.
                    Such
                    records are maintained on at least a monthly basis, or such other
                    period
                    specified in the transaction agreements, and describe the entity’s
                    activities in monitoring delinquent pool assets including, for
                    example,
                    phone calls, letters and payment rescheduling plans in cases
                    where
                    delinquency is deemed temporary (e.g., illness or unemployment).
                    

                	
                  X

                	 	 
	
                  1122(d)(4)(ix)

                	
                  Adjustments
                    to interest rates or rates of return for pool assets with variable
                    rates
                    are computed based on the related pool asset documents. 

                	
                  X

                	 	 
	
                  1122(d)(4)(x)

                	
                  Regarding
                    any funds held in trust for an obligor (such as escrow accounts):
                    (A) such
                    funds are analyzed, in accordance with the obligor’s pool asset documents,
                    on at least an annual basis, or such other period specified in
                    the
                    transaction agreements; (B) interest on such funds is paid, or
                    credited,
                    to obligors in accordance with applicable pool asset documents
                    and state
                    laws; and (C) such funds are returned to the obligor within 30
                    calendar
                    days of full repayment of the related pool assets, or such other
                    number of
                    days specified in the transaction agreements. 

                	
                  X

                	 	 
	
                  1122(d)(4)(xi)

                	
                  Payments
                    made on behalf of an obligor (such as tax or insurance payments)
                    are made
                    on or before the related penalty or expiration dates, as indicated
                    on the
                    appropriate bills or notices for such payments, provided that
                    such support
                    has been received by the servicer at least 30 calendar days prior
                    to these
                    dates, or such other number of days specified in the transaction
                    agreements. 

                	
                  X

                	 	 
	
                  1122(d)(4)(xii)

                	
                  Any
                    late payment penalties in connection with any payment to be made
                    on behalf
                    of an obligor are paid from the Servicer’s funds and not charged to the
                    obligor, unless the late payment was due to the obligor’s error or
                    omission. 

                	
                  X

                	 	 
	
                  1122(d)(4)(xiii)

                	
                  Disbursements
                    made on behalf of an obligor are posted within two business days
                    to the
                    obligor’s records maintained by the servicer, or such other number of
                    days
                    specified in the transaction agreements. 

                	
                  X

                	 	 
	
                  1122(d)(4)(xiv)
                    

                	
                  Delinquencies,
                    charge-offs and uncollectible accounts are recognized and recorded
                    in
                    accordance with the transaction agreements. 

                	
                  X

                	 	 
	
                  1122(d)(4)(xv)

                	
                  Any
                    external enhancement or other support, identified in Item 1114(a)(1)
                    through (3) or Item 1115 of Regulation AB, is maintained as set
                    forth in
                    the transaction agreements. 

                	 	
                  X

                	 

        

        

          

        

      

      
        
          *
            Only
            with respect to the logistics of adding, removing and substituting loan
            files.

        

      

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      EXHIBIT
        Q

       

      FORM
        10-D, FORM 8-K AND FORM 10-K

      REPORTING
        RESPONSIBILITY

      

      As
        to
        each item described below, the entity indicated as the Responsible Party
        shall
        be primarily responsible for reporting the information to the party identified
        as responsible for preparing the Securities Exchange Act Reports pursuant
        to
        Section 3.16 of the Pooling and Servicing Agreement. The
        trustee in this transaction is responsible for all of the securities
        administrator functions.

      

      Under
        Item 1 of Form 10-D: a) items marked “monthly statements to certificateholders”
are required to be included in the periodic Distribution Date statement under
        Section 5.06 of the Pooling and Servicing Agreement, provided by the Trustee
        based on information received from the party providing such information;
        and b)
        items marked “Form 10-D report” are required to be in the Form 10-D report but
        not the monthly statements to certificateholders, provided by the party
        indicated. Information under all other Items of Form 10-D is to be included
        in
        the Form 10-D report. All such information and any other Items of Form 8-K
        and
        Form 10-K set forth in this exhibit shall be sent to the Trustee and the
        Depositor. 

      

      
        	
                Form

              	
                Item

              	
                Description

              	
                Master
                  Servicer

              	
                Trustee

              	
                Custodian

              	
                Depositor

              	
                Sponsor

              
	
                10-D

              	
                Must
                  be filed within 15 days of the distribution date for the asset-backed
                  securities.

              	 	 
	 	
                1

              	
                Distribution
                  and Pool Performance Information

              	 	 	 	 	 
	
                Item
                  1121(a) - Distribution and Pool Performance
                  Information

              	 	 	 	 	 
	
                (1)
                  Any applicable record dates, accrual dates, determination dates
                  for
                  calculating distributions and actual distribution dates for the
                  distribution period.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (2)
                  Cash flows received and the sources thereof for distributions,
                  fees and
                  expenses.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (3)
                  Calculated amounts and distribution of the flow of funds for the
                  period
                  itemized by type and priority of payment, including:

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (i)
                  Fees or expenses accrued and paid, with an identification of the
                  general
                  purpose of such fees and the party receiving such fees or
                  expenses.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (ii)
                  Payments accrued or paid with respect to enhancement or other support
                  identified in Item 1114 of Regulation AB (such as insurance premiums
                  or
                  other enhancement maintenance fees), with an identification of
                  the general
                  purpose of such payments and the party receiving such
                  payments.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (iii)
                  Principal, interest and other distributions accrued and paid on
                  the
                  asset-backed securities by type and by class or series and any
                  principal
                  or interest shortfalls or carryovers.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (iv)
                  The amount of excess cash flow or excess spread and the disposition
                  of
                  excess cash flow.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (4)
                  Beginning and ending principal balances of the asset-backed
                  securities.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (5)
                  Interest rates applicable to the pool assets and the asset-backed
                  securities, as applicable. Consider providing interest rate information
                  for pool assets in appropriate distributional groups or incremental
                  ranges.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (6)
                  Beginning and ending balances of transaction accounts, such as
                  reserve
                  accounts, and material account activity during the period.

              	 	
                X

                 

                (monthly
                  statements to certificateholders) (only with respect to the reserve
                  accounts)

              	 	 	 
	
                (7)
                  Any amounts drawn on any credit enhancement or other support identified
                  in
                  Item 1114 of Regulation AB, as applicable, and the amount of coverage
                  remaining under any such enhancement, if known and
                  applicable.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (8)
                  Number and amount of pool assets at the beginning and ending of
                  each
                  period, and updated pool composition information, such as weighted
                  average
                  coupon, weighted average remaining term, pool factors and prepayment
                  amounts.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	
                Updated
                  pool composition information fields to be as specified by Depositor
                  from
                  time to time

              	 
	
                (9)
                  Delinquency and loss information for the period.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                In
                  addition, describe any material changes to the information specified
                  in
                  Item 1100(b)(5) of Regulation AB regarding the pool assets.
                  (methodology)

              	
                X

              	 	 	 	 
	
                (10)
                  Information on the amount, terms and general purpose of any advances
                  made
                  or reimbursed during the period, including the general use of funds
                  advanced and the general source of funds for
                  reimbursements.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (11)
                  Any material modifications, extensions or waivers to pool asset
                  terms,
                  fees, penalties or payments during the distribution period or that
                  have
                  cumulatively become material over time.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (12)
                  Material breaches of pool asset representations or warranties or
                  transaction covenants.

              	
                X

              	
                X

                 

                (if
                  agreed upon by the parties)

              	 	
                X

              	 
	
                (13)
                  Information on ratio, coverage or other tests used for determining
                  any
                  early amortization, liquidation or other performance trigger and
                  whether
                  the trigger was met.

              	 	
                X

                 

                (monthly
                  statements to certificateholders)

              	 	 	 
	
                (14)
                  Information regarding any new issuance of asset-backed securities
                  backed
                  by the same asset pool, 

              	 	 	 	
                X

              	 
	
                information
                  regarding any pool asset changes (other than in connection with
                  a pool
                  asset converting into cash in accordance with its terms), such
                  as
                  additions or removals in connection with a prefunding or revolving
                  period
                  and pool asset substitutions and repurchases (and purchase rates,
                  if
                  applicable), and cash flows available for future purchases, such
                  as the
                  balances of any prefunding or revolving accounts, if
                  applicable.

              	
                X

              	
                X

              	 	
                X

              	 
	
                Disclose
                  any material changes in the solicitation, credit-granting, underwriting,
                  origination, acquisition or pool selection criteria or procedures,
                  as
                  applicable, used to originate, acquire or select the new pool
                  assets.

              	 	 	 	
                X

              	
                X

              
	
                Item
                  1121(b) - Pre-Funding or Revolving Period Information

                 

                Updated
                  pool information as required under Item 1121(b).

              	 	 	 	
                X

              	 
	
                2

              	
                Legal
                  Proceedings

              	 	 	 	 	 
	
                Item
                  1117 - Legal proceedings pending against the following entities,
                  or their
                  respective property, that is material to Certificateholders, including
                  proceedings known to be contemplated by governmental
                  authorities:

              	 	 	 	 	 
	
                Sponsor
                  (Seller)

              	 	 	 	 	
                X

              
	
                Depositor

              	 	 	 	
                X

              	 
	
                Trustee

              	 	
                X

              	 	 	 
	
                Issuing
                  entity

              	 	 	 	
                X

              	 
	
                Master
                  Servicer, affiliated Servicer, other Servicer servicing 20% or
                  more of
                  pool assets at time of report, other material servicers

              	
                X

              	 	 	 	 
	
                Originator
                  of 20% or more of pool assets as of the Cut-off Date

              	 	 	 	
                X

              	 
	
                Custodian

              	 	 	
                X

              	 	 
	 	
                3

              	
                Sales
                  of Securities and Use of Proceeds

              	 	 	 	 	 
	
                Information
                  from Item 2(a) of Part II of Form 10-Q:

                 

                With
                  respect to any sale of securities by the sponsor, depositor or
                  issuing
                  entity, that are backed by the same asset pool or are otherwise
                  issued by
                  the issuing entity, whether or not registered, provide the sales
                  and use
                  of proceeds information in Item 701 of Regulation S-K. Pricing
                  information
                  can be omitted if securities were not registered.

              	 	 	 	
                X

              	 
	
                4

              	
                Defaults
                  Upon Senior Securities

              	 	 	 	 	 
	
                Information
                  from Item 3 of Part II of Form 10-Q:

                 

                Report
                  the occurrence of any Event of Default (after expiration of any
                  grace
                  period and provision of any required notice)

              	 	
                X

              	 	 	 
	
                5

              	
                Submission
                  of Matters to a Vote of Certificateholders

              	 	 	 	 	 
	
                Information
                  from Item 4 of Part II of Form 10-Q

              	 	
                X

              	 	 	 
	
                6

              	
                Significant
                  Obligors of Pool Assets

              	 	 	 	 	 
	
                Item
                  1112(b) - Significant
                  Obligor Financial Information*

              	 	 	 	
                X

              	 
	
                *This
                  information need only be reported on the Form 10-D for the distribution
                  period in which updated information is required pursuant to the
                  Item.

              	 	 	 	 	 
	
                7

              	
                Significant
                  Enhancement Provider Information

              	 	 	 	 	 
	
                Item
                  1114(b)(2) - Credit Enhancement Provider Financial
                  Information*

              	 	 	 	 	 
	
                Determining
                  applicable disclosure threshold

              	 	
                X

              	 	 	 
	
                Requesting
                  required financial information or effecting incorporation by
                  reference

              	 	
                X

              	 	 	 
	
                Item
                  1115(b) - Derivative Counterparty Financial
                  Information*

              	 	 	 	 	 
	
                Determining
                  current maximum probable exposure

              	 	 	 	
                X

              	 
	
                Determining
                  current significance percentage

              	 	
                X

              	 	 	 
	
                Requesting
                  required financial information or effecting incorporation by
                  reference

              	 	
                X

              	 	 	 
	
                *This
                  information need only be reported on the Form 10-D for the distribution
                  period in which updated information is required pursuant to the
                  Items.

              	 	 	 	 	 
	
                8

              	
                Other
                  Information

              	 	 	 	 	 
	 	 	
                Disclose
                  any information required to be reported on Form 8-K during the
                  period
                  covered by the Form 10-D but not reported

              	
                The
                  Responsible Party for the applicable Form 8-K item as indicated
                  below.

              
	 	
                9

              	
                Exhibits

              	 	 	 	 	 
	
                Distribution
                  report

              	 	
                X

              	 	 	 
	
                Exhibits
                  required by Item 601 of Regulation S-K, such as material
                  agreements

              	 	 	 	
                X

              	 
	
                8-K

              	
                Must
                  be filed within four business days of an event reportable on Form
                  8-K.

              	 	 
	 	
                1.01

              	
                Entry
                  into a Material Definitive Agreement

              	 	 	 	 	 
	
                Disclosure
                  is required regarding entry into or amendment of any definitive
                  agreement
                  that is material to the securitization, even if depositor is not
                  a party.
                  

                 

                Examples:
                  servicing agreement, custodial agreement.

                 

                Note:
                  disclosure not required as to definitive agreements that are fully
                  disclosed in the prospectus

              	
                X

              	
                X 

              	 	
                X 

              	
                X 

              
	
                1.02

              	
                Termination
                  of a Material Definitive Agreement

              	
                X

              	
                X 

              	 	
                X 

              	
                X 

              
	
                Disclosure
                  is required regarding termination of any definitive agreement that
                  is
                  material to the securitization (other than expiration in accordance
                  with
                  its terms), even if depositor is not a party. 

                 

                 

                Examples:
                  servicing agreement, custodial agreement.

              	
                X

              	
                X

              	
                X

              	
                X

              	
                X

              
	
                1.03

              	
                Bankruptcy
                  or Receivership

              	 	 	 	 	 
	
                Disclosure
                  is required regarding the bankruptcy or receivership, if known
                  to the
                  Master Servicer, with respect to any of the following: 

                 

                Sponsor
                  (Seller), Depositor, Master Servicer, affiliated Servicer, other
                  Servicer
                  servicing 20% or more of pool assets at time of report, other material
                  servicers, Trustee, significant obligor, credit enhancer (10% or
                  more),
                  derivatives counterparty, Custodian

              	
                X

              	
                X 

              	
                X

              	
                X 

              	
                X 

              
	
                2.04

              	
                Triggering
                  Events that Accelerate or Increase a Direct Financial Obligation
                  or an
                  Obligation under an Off-Balance Sheet Arrangement [in
                  this transaction there is no off-balance sheet
                  arrangement]

              	 	 	 	 	 
	
                Includes
                  an early amortization, performance trigger or other event, including
                  event
                  of default, that would materially alter the payment priority/distribution
                  of cash flows/amortization schedule.

                 

                Disclosure
                  will be made of events other than waterfall triggers which are
                  disclosed
                  in the monthly statements to certificateholders [in this transaction
                  there
                  will be no events other than waterfall triggers]

              	 	
                X

              	 	 	 
	
                3.03

              	
                Material
                  Modification to Rights of Certificateholders

              	 	 	 	 	 
	
                Disclosure
                  is required of any material modification to documents defining
                  the rights
                  of Certificateholders, including the Pooling and Servicing
                  Agreement

              	 	
                X

              	 	 	 
	
                5.03

              	
                Amendments
                  to Articles of Incorporation or Bylaws; Change in Fiscal
                  Year

              	 	 	 	 	 
	
                Disclosure
                  is required of any amendment “to the governing documents of the issuing
                  entity”

              	 	 	 	
                X

              	 
	
                5.06

              	
                Change
                  in Shell Company Status

              	 	 	 	 	 
	
                [Not
                  applicable to ABS issuers]

              	 	 	 	
                X

              	 
	
                6.01

              	
                ABS
                  Informational and Computational Material

              	 	 	 	 	 
	
                [Not
                  included in reports to be filed under Section 3.16]

              	 	 	 	
                X

              	 
	
                6.02

              	
                Change
                  of Servicer or Trustee

              	 	 	 	 	 
	
                Requires
                  disclosure of any removal, replacement, substitution or addition
                  of any
                  master servicer, affiliated servicer, other servicer servicing
                  10% or more
                  of pool assets at time of report, other material servicers or trustee.
                  

              	
                X

              	
                X

              	 	
                X

              	 
	
                Reg
                  AB disclosure about any new master servicer is also
                  required.

              	
                X

              	 	 	 	 
	
                Reg
                  AB disclosure about any new trustee is also required.

              	 	
                X

              	 	 	 
	
                6.03

              	
                Change
                  in Credit Enhancement or Other External Support

              	 	 	 	 	 
	
                Covers
                  termination of any enhancement in manner other than by its terms,
                  the
                  addition of an enhancement, or a material change in the enhancement
                  provided. Applies to external credit enhancements as well as derivatives.
                  

              	 	
                X

              	 	
                X

              	 
	
                Reg
                  AB disclosure about any new enhancement provider is also
                  required.

              	 	
                X

              	 	
                X

              	 
	
                6.04

              	
                Failure
                  to Make a Required Distribution

              	 	
                X

              	 	 	 
	
                6.05

              	
                Securities
                  Act Updating Disclosure

              	 	 	 	 	 
	
                If
                  any material pool characteristic differs by 5% or more at the time
                  of
                  issuance of the securities from the description in the final prospectus,
                  provide updated Reg AB disclosure about the actual asset
                  pool.

              	 	 	 	
                X

              	
                 

              
	
                If
                  there are any new servicers or originators required to be disclosed
                  under
                  Regulation AB as a result of the foregoing, provide the information
                  called
                  for in Items 1108 and 1110 respectively.

              	 	 	 	
                X

              	 
	
                7.01

              	
                Regulation
                  FD Disclosure

              	
                X

              	
                X

              	
                X

              	
                X

              	 
	
                8.01

              	
                Other
                  Events

              	 	 	 	 	 
	
                Any
                  event, with respect to which information is not otherwise called
                  for in
                  Form 8-K, that the registrant deems of importance to
                  certificateholders.

              	 	 	 	
                X

              	 
	 	
                9.01

              	
                Financial
                  Statements and Exhibits

              	
                The
                  Responsible Party applicable to reportable event.

              
	
                10-K

              	 	
                Must
                  be filed within 90 days of the fiscal year end for the
                  registrant.

              	 	 
	 	
                9B

              	
                Other
                  Information

              	 	 	 	 	 
	 	 	
                Disclose
                  any information required to be reported on Form 8-K during the
                  fourth
                  quarter covered by the Form 10-K but not reported

              	
                The
                  Responsible Party for the applicable Form 8-K as indicated
                  above.

              
	 	
                15

              	
                Exhibits
                  and Financial Statement Schedules

              	 	 	 	 	 
	
                Item
                  1112(b) - Significant
                  Obligor Financial Information

              	 	 	 	
                X

              	 
	
                Item
                  1114(b)(2) - Credit Enhancement Provider Financial
                  Information

              	 	 	 	 	 
	
                Determining
                  applicable disclosure threshold

              	 	
                X

              	 	 	 
	
                Requesting
                  required financial information or effecting incorporation by
                  reference

              	 	
                X

              	 	 	 
	
                Item
                  1115(b) - Derivative Counterparty Financial
                  Information

              	 	 	 	 	 
	
                Determining
                  current maximum probable exposure

              	 	 	 	
                X

              	 
	 	 	
                Determining
                  current significance percentage

              	 	
                X

              	 	 	 
	
                Requesting
                  required financial information or effecting incorporation by
                  reference

              	 	
                X

              	 	 	 
	
                Item
                  1117 - Legal proceedings pending against the following entities,
                  or their
                  respective property, that is material to Certificateholders, including
                  proceedings known to be contemplated by governmental
                  authorities:

              	 	 	 	 	 
	
                Sponsor
                  (Seller)

              	 	 	 	 	
                X

              
	
                Depositor

              	 	 	 	
                X

              	 
	
                Trustee

              	 	
                X

              	 	 	 
	
                Issuing
                  entity

              	 	 	 	
                X

              	 
	
                Master
                  Servicer, affiliated Servicer, other Servicer servicing 20% or
                  more of
                  pool assets at time of report, other material servicers

              	
                X

              	 	 	 	 
	
                Originator
                  of 20% or more of pool assets as of the Cut-off Date

              	 	 	 	
                X

              	 
	
                Custodian

              	 	 	
                X

              	 	 
	
                Item
                  1119 - Affiliations and relationships between the following entities,
                  or
                  their respective affiliates, that are material to
                  Certificateholders:

              	 	 	 	 	 
	
                Sponsor
                  (Seller)

              	 	 	 	 	
                X

              
	
                Depositor

              	 	 	 	
                X

              	 
	
                Trustee

              	 	
                X

              	 	 	 
	
                Master
                  Servicer, affiliated Servicer, other Servicer servicing 20% or
                  more of
                  pool assets at time of report, other material servicers

              	
                X

              	 	 	 	 
	
                Originator

              	 	 	 	
                X

              	 
	
                Custodian

              	 	 	
                X

              	 	 
	
                Credit
                  Enhancer/Support Provider

              	 	 	 	
                X

              	 
	
                Significant
                  Obligor

              	 	 	 	
                X

              	 
	
                Item
                  1122 - Assessment of Compliance with Servicing
                  Criteria

              	
                X

              	
                X

              	
                X

              	 	 
	
                Item
                  1123 - Servicer Compliance Statement

              	
                X

              	
                X

              	 	 	 

      

      

       

      

      
        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

      

      EXHIBIT
        R

       

      ADDITIONAL
        DISCLOSURE NOTIFICATION

       

      Bear
        Stearns Asset Backed Securities I LLC

      383
        Madison Avenue

      New
        York,
        New York 10179

      Fax:
        (212) 272-2000

      E-mail:
        regabnotifications@bear.com

      

      LaSalle
        Bank National Association as Trustee 

      135
        S.
        LaSalle St., Suite 1625

      Chicago,
        Illinois 60603

      Fax:
        (312) 904-1368

      E-mail:
        edgar@abnamro.com

      Attn:
        Global Securities and Trust Services Group - BEAR STEARNS ASSET BACKED
        SECURITIES I TRUST 2006-HE7-SEC REPORT PROCESSING

       

      RE:
        **Additional Form [ ] Disclosure**Required

       

      Ladies
        and Gentlemen:

       

      In
        accordance with Section 3.16(a)(v) of the Pooling and Servicing Agreement,
        dated
        as of August 1, 2006, among Bear Stearns Asset Backed Securities I LLC, as
        depositor, EMC Mortgage Corporation, as seller and as master servicer, and
        LaSalle Bank National Association, as trustee. The Undersigned, as [Name
        of
        Party], hereby notifies you that certain events have come to our attention
        that
        [will][may] need to be disclosed on Form [ ].

       

      Description
        of Additional Form [ ] Disclosure:

       

      List
        of
        Any Attachments hereto to be included in the Additional Form [ ]
        Disclosure:

      
 

       

      Any
        inquiries related to this notification should be directed to [ ], phone number:
        [ ]; email address: [ ].

       

      [NAME
        OF
        PARTY]

      as
        [role]

       

      By:
        __________________

      Name:

      Title:Unassociated Document

    NOMURA
      ASSET ACCEPTANCE CORPORATION,

     

    Depositor

     

    

     

    NOMURA
      CREDIT & CAPITAL, INC.,

     

    Sponsor

     

    

     

    WELLS
      FARGO BANK, NATIONAL ASSOCIATION,

     

    Master
      Servicer and Securities Administrator

     

     

    and

     

    

     

    HSBC
      BANK
      USA, NATIONAL ASSOCIATION

     

    Trustee

     

    
      	 	 	 

    

    

     

    

     

    POOLING
      AND SERVICING AGREEMENT

     

    Dated
      as
      of August 1, 2006

     

    
      	 	 	 

    

    

     

    NOMURA
      ASSET ACCEPTANCE CORPORATION

     

    MORTGAGE
      PASS-THROUGH CERTIFICATES, SERIES 2006-WF1

     

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    TABLE
      OF CONTENTS

     

    ARTICLE
      I

    DEFINITIONS

     

    
      	 	
              Section
                1.01

            	
              Defined
                Terms.

            	 

    

    
      	 	
              Section
                1.02

            	
              Allocation
                of Certain Interest Shortfalls.

            	 

    

     

    ARTICLE
      II

    CONVEYANCE
      OF TRUST FUND REPRESENTATIONS AND WARRANTIES

     

    
      	 	
              Section
                2.01

            	
              Conveyance
                of Trust Fund.

            	 

    

    
      	 	
              Section
                2.02

            	
              Acceptance
                of the Mortgage Loans.

            	 

    

    
      	 	
              Section
                2.03

            	
              Representations,
                Warranties and Covenants of the Sponsor and the Master
                Servicer.

            	 

    

    
      	 	
              Section
                2.04

            	
              Representations
                and Warranties of the Depositor.

            	 

    

    
      	 	
              Section
                2.05

            	
              Delivery
                of Opinion of Counsel in Connection with Substitutions and
                Repurchases.

            	 

    

    
      	 	
              Section
                2.06

            	
              Issuance
                of the REMIC I Regular Interests.

            	 

    

    
      	 	
              Section
                2.07

            	
              Conveyance
                of the REMIC I Regular Interests; Issuance and Conveyance of the
                Class X
                Interest, the Class P Interest, and the Class IO Interest.

            	 

    

    
      	 	
              Section
                2.08

            	
              Issuance
                of the Class R Certificates and the Class R-X
                Certificates.

            	 

    

    
      	 	
              Section
                2.09

            	
              Establishment
                of Trust.

            	 

    

    
      	 	
              Section
                2.10

            	
              Purpose
                and Powers of the Trust.

            	 

    

     

    ARTICLE
      III

    ADMINISTRATION
      OF THE MORTGAGE LOANS; ACCOUNTS

     

    
      	 	
              Section
                3.01

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.02

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.03

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.04

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.05

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.06

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.07

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.08

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.09

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.10

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.11

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.12

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.13

            	
              Annual
                Statement as to Compliance.

            	 

    

    
      	 	
              Section
                3.14

            	
              Assessments
                of Compliance and Attestation Reports.

            	 

    

    
      	 	
              Section
                3.15

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.16

            	
              The
                Trustee.

            	 

    

    
      	 	
              Section
                3.17

            	
              REMIC-Related
                Covenants.

            	 

    

    
      	 	
              Section
                3.18

            	
              Annual
                Sarbanes-Oxley Certification; Additional Information.

            	 

    

    
      	 	
              Section
                3.19

            	
              Release
                of Mortgage Files.

            	 

    

    
      	 	
              Section
                3.20

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.21

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.22

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.23

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.24

            	
              Optional
                Purchase of Defaulted Mortgage Loans.

            	 

    

    
      	 	
              Section
                3.25

            	
              Obligations
                of the Servicer Under Credit Risk Management Agreement.

            	 

    

    
      	 	
              Section
                3.26

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.27

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.28

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.29

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.30

            	
              Reserved.

            	 

    

    
      	 	
              Section
                3.31

            	
              Distribution
                Account.

            	 

    

    
      	 	
              Section
                3.32

            	
              Permitted
                Withdrawals and Transfers from the Distribution Account.

            	 

    

    
      	 	
              Section
                3.33

            	
              Duties
                of the Credit Risk Manager; Termination.

            	 

    

    
      	 	
              Section
                3.34

            	
              Limitation
                Upon Liability of the Credit Risk Manager.

            	 

    

     

    ARTICLE
      IV

    ADMINISTRATION
      AND MASTER SERVICING OF THE MORTGAGE LOANS

     

    
      	 	
              Section
                4.01

            	
              The
                Master Servicer.

            	 

    

    
      	 	
              Section
                4.02

            	
              Monitoring
                of Servicer.

            	 

    

    
      	 	
              Section
                4.03

            	
              Fidelity
                Bond.

            	 

    

    
      	 	
              Section
                4.04

            	
              Power
                to Act; Procedures.

            	 

    

    
      	 	
              Section
                4.05

            	
              Due-on-Sale
                Clauses; Assumption Agreements.

            	 

    

    
      	 	
              Section
                4.06

            	
              Documents,
                Records and Funds in Possession of Master Servicer To Be Held for
                Trustee.

            	 

    

    
      	 	
              Section
                4.07

            	
              Standard
                Hazard Insurance and Flood Insurance Policies.

            	 

    

    
      	 	
              Section
                4.08

            	
              Presentment
                of Claims and Collection of Proceeds.

            	 

    

    
      	 	
              Section
                4.09

            	
              Maintenance
                of the Primary Mortgage Insurance Policies.

            	 

    

    
      	 	
              Section
                4.10

            	
              Trustee
                to Retain Possession of Certain Insurance Policies and
                Documents.

            	 

    

    
      	 	
              Section
                4.11

            	
              Realization
                Upon Defaulted Loans.

            	 

    

    
      	 	
              Section
                4.12

            	
              Compensation
                for the Master Servicer.

            	 

    

    
      	 	
              Section
                4.13

            	
              REO
                Property.

            	 

    

    
      	 	
              Section
                4.14

            	
              Obligation
                of the Master Servicer in Respect of Prepayment Interest
                Shortfalls.

            	 

    

     

    ARTICLE
      V

    ADVANCES
      AND DISTRIBUTIONS

     

    
      	 	
              Section
                5.01

            	
              Advances.

            	 

    

    
      	 	
              Section
                5.02

            	
              Compensating
                Interest Payments.

            	 

    

    
      	 	
              Section
                5.03

            	
              REMIC
                Distributions.

            	 

    

    
      	 	
              Section
                5.04

            	
              Distributions.

            	 

    

    
      	 	
              Section
                5.05

            	
              Allocation
                of Realized Losses.

            	 

    

    
      	 	
              Section
                5.06

            	
              Reserved.

            	 

    

    
      	 	
              Section
                5.07

            	
              Monthly
                Statements to Certificateholders.

            	 

    

    
      	 	
              Section
                5.08

            	
              REMIC
                Designations and REMIC Allocations.

            	 

    

    
      	 	
              Section
                5.09

            	
              Prepayment
                Charges.

            	 

    

    
      	 	
              Section
                5.10

            	
              Class
                P Certificate Account.

            	 

    

    
      	 	
              Section
                5.11

            	
              Net
                WAC Reserve Fund.

            	 

    

    
      	 	
              Section
                5.12

            	
              Reports
                Filed with Securities and Exchange Commission.

            	 

    

     

    ARTICLE
      VI

    THE
      CERTIFICATES

     

    
      	 	
              Section
                6.01

            	
              The
                Certificates.

            	 

    

    
      	 	
              Section
                6.02

            	
              Certificate
                Register; Registration of Transfer and Exchange of
                Certificates.

            	 

    

    
      	 	
              Section
                6.03

            	
              Mutilated,
                Destroyed, Lost or Stolen Certificates.

            	 

    

    
      	 	
              Section
                6.04

            	
              Persons
                Deemed Owners.

            	 

    

    
      	 	
              Section
                6.05

            	
              Access
                to List of Certificateholders’ Names and Addresses.

            	 

    

    
      	 	
              Section
                6.06

            	
              Book-Entry
                Certificates.

            	 

    

    
      	 	
              Section
                6.07

            	
              Notices
                to Depository.

            	 

    

    
      	 	
              Section
                6.08

            	
              Definitive
                Certificates.

            	 

    

    
      	 	
              Section
                6.09

            	
              Maintenance
                of Office or Agency.

            	 

    

     

    ARTICLE
      VII

    THE
      DEPOSITOR AND THE MASTER SERVICER

     

    
      	 	
              Section
                7.01

            	
              Liabilities
                of the Depositor and the Master Servicer.

            	 

    

    
      	 	
              Section
                7.02

            	
              Merger
                or Consolidation of the Depositor or the Master Servicer.

            	 

    

    
      	 	
              Section
                7.03

            	
              Indemnification
                of the Depositor and Servicing Function Participants.

            	 

    

    
      	 	
              Section
                7.04

            	
              Limitations
                on Liability of the Depositor, Securities Administrator, Master Servicer,
                Servicer and Others.

            	 

    

    
      	 	
              Section
                7.05

            	
              Reserved.

            	 

    

    
      	 	
              Section
                7.06

            	
              Appointment
                of Special Servicer.

            	 

    

    
      	 	
              Section
                7.07

            	
              Limitation
                on Resignation of the Master Servicer.

            	 

    

    
      	 	
              Section
                7.08

            	
              Assignment
                of Master Servicing.

            	 

    

    
      	 	
              Section
                7.09

            	
              Rights
                of the Depositor in Respect of the Master Servicer.

            	 

    

     

    ARTICLE
      VIII

    DEFAULT;
      TERMINATION OF SERVICER AND MASTER SERVICER

     

    
      	 	
              Section
                8.01

            	
              Events
                of Default.

            	 

    

    
      	 	
              Section
                8.02

            	
              Master
                Servicer to Act; Appointment of Successor.

            	 

    

    
      	 	
              Section
                8.03

            	
              Notification
                to Certificateholders.

            	 

    

    
      	 	
              Section
                8.04

            	
              Waiver
                of Servicer Defaults and Master Servicer Defaults.

            	 

    

     

    ARTICLE
      IX

    CONCERNING
      THE TRUSTEE AND SECURITIES ADMINISTRATOR

     

    
      	 	
              Section
                9.01

            	
              Duties
                of Trustee and Securities Administrator.

            	 

    

    
      	 	
              Section
                9.02

            	
              Certain
                Matters Affecting the Trustee and Securities
                Administrator.

            	 

    

    
      	 	
              Section
                9.03

            	
              Trustee
                and Securities Administrator not Liable for Certificates or Mortgage
                Loans.

            	 

    

    
      	 	
              Section
                9.04

            	
              Trustee
                and Securities Administrator May Own Certificates.

            	 

    

    
      	 	
              Section
                9.05

            	
              Fees
                and Expenses of Trustee and Securities Administrator.

            	 

    

    
      	 	
              Section
                9.06

            	
              Eligibility
                Requirements for Trustee and Securities Administrator.

            	 

    

    
      	 	
              Section
                9.07

            	
              Resignation
                and Removal of Trustee and Securities Administrator.

            	 

    

    
      	 	
              Section
                9.08

            	
              Successor
                Trustee or Securities Administrator.

            	 

    

    
      	 	
              Section
                9.09

            	
              Merger
                or Consolidation of Trustee or Securities Administrator.

            	 

    

    
      	 	
              Section
                9.10

            	
              Appointment
                of Co-Trustee or Separate Trustee.

            	 

    

    
      	 	
              Section
                9.11

            	
              Appointment
                of Office or Agency.

            	 

    

    
      	 	
              Section
                9.12

            	
              Representations
                and Warranties.

            	 

    

    
      	 	
              Section
                9.13

            	
              Tax
                Matters.

            	 

    

     

    ARTICLE
      X

    TERMINATION

     

    
      	 	
              Section
                10.01

            	
              Termination
                Upon Liquidation or Repurchase of all Mortgage Loans.

            	 

    

    
      	 	
              Section
                10.02

            	
              Final
                Distribution on the Certificates.

            	 

    

    
      	 	
              Section
                10.03

            	
              Additional
                Termination Requirements.

            	 

    

     

    ARTICLE
      XI

    MISCELLANEOUS
      PROVISIONS

     

    
      	 	
              Section
                11.01

            	
              Amendment.

            	 

    

    
      	 	
              Section
                11.02

            	
              Recordation
                of Agreement; Counterparts.

            	 

    

    
      	 	
              Section
                11.03

            	
              Governing
                Law.

            	 

    

    
      	 	
              Section
                11.04

            	
              Intention
                of Parties.

            	 

    

    
      	 	
              Section
                11.05

            	
              Notices.

            	 

    

    
      	 	
              Section
                11.06

            	
              Severability
                of Provisions.

            	 

    

    
      	 	
              Section
                11.07

            	
              Assignment.

            	 

    

    
      	 	
              Section
                11.08

            	
              Limitation
                on Rights of Certificateholders.

            	 

    

    
      	 	
              Section
                11.09

            	
              Certificates
                Nonassessable and Fully Paid.

            	 

    

    
      	 	
              Section
                11.10

            	
              Intention
                of the Parties and Interpretation.

            	 

    

    
      	 	
              Section
                11.11

            	
              Early
                Termination of the Cap Contract.

            	 

    

     

     

    

    EXHIITS

     

    

      
        	 	
                Exhibit
                  A-1

              	
                Form
                  of Class A-[1][2][3][4][5][6] Certificates

              
	 	
                Exhibit
                  A-2 

              	
                Form
                  of Class M-[1][2][3][4] Certificates

              
	 	
                Exhibit
                  A-3

              	
                Form
                  of Class P Certificates

              
	 	
                Exhibit
                  A-4

              	
                Form
                  of Class R Certificates

              
	 	
                Exhibit
                  A-5

              	
                Form
                  of Class X Certificates

              
	 	
                Exhibit
                  A-6

              	
                Form
                  of Class R-X Certificates

              
	 	
                Exhibit
                  B

              	
                Mortgage
                  Loan Schedule

              
	 	
                Exhibit
                  C

              	
                Form
                  of Mortgage Loan Purchase Agreement

              
	 	
                Exhibit
                  D

              	
                Form
                  of Transfer Affidavit

              
	 	
                Exhibit
                  E

              	
                Form
                  of Transferor Certificate

              
	 	
                Exhibit
                  F

              	
                Form
                  of Investment Letter (Non-Rule 144A)

              
	 	
                Exhibit
                  G

              	
                Form
                  of Rule 144A Investment Letter

              
	 	
                Exhibit
                  H

              	
                Form
                  of Additional Disclosure Notification

              
	 	
                Exhibit
                  I

              	
                DTC
                  Letter of Representations

              
	 	
                Exhibit
                  J

              	
                Schedule
                  of Mortgage Loans with Lost Notes

              
	 	
                Exhibit
                  K

              	
                Appendix
                  E of the Standard & Poor's Glossary For File Format For LEVELS®
                  Version 5.6 Revised

              
	 	
                Exhibit
                  L

              	
                Relevant
                  Servicing Criteria

              
	 	
                Exhibit
                  M

              	
                Form
                  of Back-Up Certification

              
	 	
                Exhibit
                  N

              	
                Reporting
                  Responsibility

              
	 	
                Exhibit
                  O

              	
                Assignment,
                  Assumption and Recognition Agreement

              
	 	
                Exhibit
                  P

              	
                Cap
                  Contract

              
	 	
                Exhibit
                  X-1

              	
                Form
                  of Schedule of Default Loan Data

              
	 	
                Exhibit
                  X-2

              	
                Standard
                  File Layout - Delinquency Reporting

              
	 	
                Exhibit
                  X-3

              	
                Form
                  of Schedule of Realized Losses/Gains

              
	 	 	 
	 	
                Schedule
                  I

              	
                PMI
                  Coverage Percentage

              

      

    

     

     

     

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    POOLING
      AND SERVICING AGREEMENT, dated as of August 1, 2006, among NOMURA ASSET
      ACCEPTANCE CORPORATION, a Delaware corporation, as depositor (the “Depositor”),
      NOMURA CREDIT & CAPITAL, INC., a Delaware corporation, as seller (in such
      capacity, the “Sponsor”), WELLS FARGO BANK, NATIONAL ASSOCIATION, a national
      banking association, as master servicer (the “Master Servicer”) and securities
      administrator (the “Securities Administrator”) and HSBC BANK, USA, NATIONAL
      ASSOCIATION, a national banking association, not in its individual capacity,
      but
      solely as trustee (the “Trustee”).

     

    PRELIMINARY
      STATEMENT

     

    The
      Depositor is the owner of the Trust Fund that is hereby conveyed to the Trustee
      in return for the Certificates.

     

    REMIC I

     

    As
      provided herein, the Securities Administrator will make an election to treat
      the
      segregated pool of assets consisting of the Mortgage Loans and certain other
      related assets as set forth in the definition of REMIC I (and exclusive of
      the
      Cap Contact and the Net WAC Reserve Fund) subject to this Agreement as a real
      estate mortgage investment conduit (a “REMIC”) for federal income tax purposes,
      and such segregated pool of assets will be designated as “REMIC I”. The
      Class R-1 Interest will represent the sole class of “residual interests” in
      REMIC I for purposes of the REMIC Provisions (as defined herein) under
      federal income tax law. The following table irrevocably sets forth the
      designation, the Uncertificated REMIC I Pass-Through Rate, the Initial
      Uncertificated Principal Balance, and for purposes of satisfying Treasury
      regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date”
for each of the REMIC IA Regular Interests. None of the REMIC I
      Regular Interests will be certificated.

    

    
      	
              Designation

            	
              Initial
                Uncertificated

              Principal
                Balance

            	
              Uncertificated

              REMIC I

              Pass-Through
                Rate

            	
              Assumed
                Final 

              Maturity
                Date(1)

            
	
              LT-AA

            	
              $ 334,159,462.12

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-A1

            	
              $   
                 1,339,550.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-A2

            	
              $      
                 284,800.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-A3

            	
              $      
                 378,860.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-A4

            	
              $      
                 504,230.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-A5

            	
              $      
                 261,490.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-A6

            	
              $        306,700.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-M1

            	
              $      
                 117,640.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-M2

            	
              $      
                 104,000.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-M3

            	
              $        
                 59,670.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-M4

            	
              $        
                 34,100.00

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-ZZ

            	
              $   
                 3,428,540.86

            	
              Variable(2)

            	
              June
                25, 2036

            
	
              LT-P

            	
              $               100.00

            	
              N/A

            	
              June
                25, 2036

            

    

    ___________________

    
      	
              (1)

            	
              For
                purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                the Distribution Date in the month following the maturity date for
                the
                Mortgage Loan with the latest maturity date has been designated as
                the
                “latest possible maturity date” for each REMIC I Regular
                Interest.

            
	
              (2)

            	
              Calculated
                in accordance with the definition of “Uncertificated REMIC I
                Pass-Through Rate” herein.

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    REMIC II

     

    As
      provided herein, the Securities Administrator will make an election to treat
      the
      segregated pool of assets consisting of the REMIC I Regular Interests as a
      REMIC for federal income tax purposes, and such segregated pool of assets will
      be designated as “REMIC II”. The Class R-2 Interest will represent the sole
      class of “residual interests” in REMIC II for purposes of the REMIC
      Provisions. The following table irrevocably sets forth the Class designation,
      Pass-Through Rate and Initial Certificate Principal Balance for each Class
      of
      Certificates that represents one or more of the “regular interests” in
      REMIC II created hereunder:

     

    

    
      	
              Class
                Designation

            	
              Initial
                Certificate

              Principal
                Balance

            	
              Pass-Through
                Rate

            	
              Assumed
                Final 

              Maturity
                Date(1)

            
	
              Class
                A-1

            	
              $    
                 133,955,000

            	
              Class
                A-1 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                A-2

            	
              $    
                   28,480,000

            	
              Class
                A-2 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                A-3

            	
              $    
                   37,886,000

            	
              Class
                A-3 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                A-4

            	
              $    
                   50,423,000

            	
              Class
                A-4 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                A-5

            	
              $    
                   26,149,000

            	
              Class
                A-5 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                A-6

            	
              $    
                   30,670,000

            	
              Class
                A-6 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                M-1

            	
              $    
                   11,764,000

            	
              Class
                M-1 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                M-2

            	
              $    
                   10,400,000

            	
              Class
                M-2 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                M-3

            	
              $    
                     5,967,000

            	
              Class
                M-3 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                M-4

            	
              $    
                     3,410,000

            	
              Class
                M-4 Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                X Interest

            	
              $1,875,042.98 (2)

            	
              Class
                X Pass-Through Rate

            	
              June
                25, 2036

            
	
              Class
                P Interest

            	
              $             
                 100.00

            	
              N/A(3)

            	
              June
                25, 2036

            

    

    ___________________

    
      	
              (1)

            	
              For
                purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                the Distribution Date in the month following the maturity date for
                the
                Mortgage Loan with the latest maturity date has been designated as
                the
                “latest possible maturity date” for each Class of
                Certificates.

            
	
              (2)

            	
              The
                Class X Interest will not accrue interest on its Certificate Principal
                Balance, but will accrue interest at the Class X Pass-Through Rate
                on the
                Certificate Notional Balance of the Class X Interest outstanding
                from time
                to time which shall equal the aggregate of the Uncertificated Principal
                Balances of the REMIC I Regular Interests (other than REMIC I
                Regular Interest LT-P). 

            
	
              (3)

            	
              The
                Class P Interest will not be entitled to distributions in respect
                of
                interest.

            

    

    

     

     

    REMIC
      III

    

     

    As
      provided herein, the Securities Administrator will make an election to treat
      the
      segregated pool of assets consisting of the Class X Interest Interests as a
      REMIC for federal income tax purposes, and such segregated pool of assets will
      be designated as “REMIC III”. The R-3 Interest will represent the sole class of
“residual interests” in REMIC III for purposes of the REMIC Provisions. The
      following table irrevocably sets forth the Class designation, Pass-Through
      Rate
      and Initial Certificate Principal Balance for each Class of Certificates that
      represents one or more of the “regular interests” in REMIC III created
      hereunder:

     

    
      	
              Class
                Designation

            	
              Initial
                Certificate

              Principal
                Balance

            	
              Pass-Through
                Rate

            	
              Assumed
                Final 

              Distribution
                Date(1)

            
	
              Class
                X

            	
              $
                 [  
                ]

            	
              (2)

            	
              June
                25, 2036

            

    

    ___________________

    
      	
              (1)

            	
              For
                purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                the Distribution Date in the second month following the maturity
                date for
                the Mortgage Loan with the latest maturity date has been designated
                as the
                “latest possible maturity date” for the Class X
                Certificates.

            
	
              (2)

            	
              The
                Class X Certificates will be entitled to 100% of amounts distributed
                on
                the Class X Interest. 

            

    

    
 

     

    REMIC
      IV

    

     

    As
      provided herein, the Securities Administrator will make an election to treat
      the
      segregated pool of assets consisting of the Class P Interest Interests as a
      REMIC for federal income tax purposes, and such segregated pool of assets will
      be designated as “REMIC IV”. The R-4 Interest will represent the sole class of
“residual interests” in REMIC IV for purposes of the REMIC Provisions. The
      following table irrevocably sets forth the Class designation, Pass-Through
      Rate
      and Initial Certificate Principal Balance for each Class of Certificates that
      represents one or more of the “regular interests” in REMIC IV created
      hereunder:

     

    
      	
              Class
                Designation

            	
              Initial
                Certificate

              Principal
                Balance

            	
              Pass-Through
                Rate

            	
              Assumed
                Final 

              Distribution
                Date(1)

            
	
              Class
                P

            	
              $ 100

            	
              (2)

            	
              June
                25, 2036

            

    

    ___________________

    
      	
              (1)

            	
              For
                purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                the Distribution Date in the second month following the maturity
                date for
                the Mortgage Loan with the latest maturity date has been designated
                as the
                “latest possible maturity date” for the Class P
                Certificates.

            
	
              (2)

            	
              The
                Class P Certificates will be entitled to 100% of amounts distributed
                on
                the Class P Interest. 

            

    

    

     

     

    REMIC
      V

    

     

    As
      provided herein, the Securities Administrator will make an election to treat
      the
      segregated pool of assets consisting of the Class IO Interest as a REMIC for
      federal income tax purposes, and such segregated pool of assets will be
      designated as “REMIC V”. The R-5 interest will represent the sole class of
“residual interests” in REMIC V for purposes of the REMIC Provisions. The
      following table irrevocably sets forth the Class designation, Pass-Through
      Rate
      and Initial Certificate Principal Balance for each Class of Certificates that
      represents one or more of the “regular interests” in REMIC V created
      hereunder:

     

    
      	
              Class
                Designation

            	
              Initial
                Certificate

              Notional
                Balance

            	
              Pass-Through
                Rate

            	
              Assumed
                Final 

              Distribution
                Date(1)

            
	
              Swap-IO

            	
              (2)

            	
              (3)

            	
              June
                25, 2036

            

    

    ___________________

    
      	
              (1)

            	
              For
                purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations,
                the Distribution Date in the second month following the maturity
                date for
                the Mortgage Loan with the latest maturity date has been designated
                as the
                “latest possible maturity date” for REMIC VI Regular Interest
                Swap-IO.

            
	
              (2)

            	
              REMIC
                VI Regular Interest Swap-IO will have not a Certificate Notional
                Balance
                but will be entitled to 100% of amounts distributed on the Class
                IO
                Interest.

            
	
              (3)

            	
              REMIC
                VI Regular Interest Swap-IO will be entitled to 100% of amounts
                distributed on the Class IO Interest.

            

    

     

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    In
      consideration of the mutual agreements herein contained, the Depositor, the
      Master Servicer, the Securities Administrator, the Sponsor and the Trustee
      agree
      as follows:

     

     

     

    ARTICLE
      I

     

    DEFINITIONS

     

    Section
      1.01  Defined
      Terms.

     

    In
      addition to those terms defined in Section 1.02, whenever used in this
      Agreement, the following words and phrases, unless the context otherwise
      requires, shall have the following meanings:

     

    Accepted
      Master Servicing Practices:
      With
      respect to any Mortgage Loan, those customary mortgage master servicing
      practices of prudent mortgage servicing institutions that master service
      mortgage loans of the same type and quality as such Mortgage Loan in the
      jurisdiction where the related Mortgaged Property is located, to the extent
      applicable to the Master Servicer.

     

    Account:
      Either
      the Distribution Account or the Custodial Account.

     

    Accrual
      Period:
      With
      respect to the Certificates (other than the Class A-1 Certificates), the
      calendar month immediately preceding such Distribution Date. With respect to
      the
      Class A-1 Certificates and any Distribution Date, the period commencing on
      the
      immediately preceding Distribution Date (or with respect to the first Accrual
      Period, the Closing Date) and ending on the day immediately preceding the
      related Distribution Date. All calculations of interest on the Certificates
      (other than the Class A-1 Certificates) will be based on a 360-day year
      consisting of twelve 30-day months. All calculations of interest on the Class
      A-1 Certificates will be made based on a 360-day year and the actual number
      of
      days elapsed in the related Accrual Period.

     

    Additional
      Disclosure Notification:
      Has the
      meaning set forth in Section 5.12 of this Agreement.

     

    Additional
      Form 10-D Disclosure:
      Has the
      meaning set forth in Section 5.12(a) of this Agreement.

     

    Additional
      Form 10-K Disclosure:
      Has the
      meaning set forth in Section 5.12(d) of this Agreement.

     

    Advance:
      An
      advance of delinquent payments of principal or interest in respect of a Mortgage
      Loan required to be made by the Servicer pursuant to the Servicing Agreement
      or
      by the Trustee pursuant to Section 5.01.

     

    Aggregate
      Loan Balance:
      With
      respect to any Distribution Date, the aggregate of the Stated Principal Balances
      of the Mortgage Loans as of the last day of the related Due Period.

     

    Agreement:
      This
      Pooling and Servicing Agreement and any and all amendments or supplements hereto
      made in accordance with the terms herein.

     

    Appraised
      Value:
      With
      respect to any Mortgage Loan originated in connection with a refinancing, the
      appraised value of the Mortgaged Property based upon the appraisal made at
      the
      time of such refinancing or, with respect to any other Mortgage Loan, the lesser
      of (x) the appraised value of the Mortgaged Property based upon the appraisal
      made by a fee appraiser at the time of the origination of the Mortgage Loan,
      and
      (y) the sales price of the Mortgaged Property at the time of such
      origination.

     

    Assignment
      Agreement:
      Shall
      mean the Assignment, Assumption and Recognition Agreement, dated as of August
      31, 2006, among the Sponsor, the Depositor and the Servicer, pursuant to which
      the Servicing Agreement was assigned to the Depositor, a copy of which is
      attached hereto as Exhibit O.

     

    Assumed
      Final Distribution Date:
      The
      Distribution Date in July 2036. 

     

    Authorized
      Servicer Representative:
      Any
      officer of the Servicer involved in, or responsible for, the administration
      and
      servicing of the Mortgage Loans whose name and facsimile signature appear on
      a
      list of servicing officers furnished to the Trustee and the Master Servicer
      by
      the Servicer on the Closing Date, as such list may from time to time be
      amended.

     

    Available
      Distribution Amount:
      The sum
      of the Interest Remittance Amount and Principal Funds, exclusive of amounts
      pursuant to Section 5.09.

     

    Bankruptcy
      Code:
      Title
      11 of the United States Code.

     

    Book-Entry
      Certificates:
      Any of
      the Certificates that shall be registered in the name of the Depository or
      its
      nominee, the ownership of which is reflected on the books of the Depository
      or
      on the books of a person maintaining an account with the Depository (directly,
      as a “Depository Participant”, or indirectly, as an indirect participant in
      accordance with the rules of the Depository and as described in
      Section 6.06). As of the Closing Date, each Class of Publicly Offered
      Certificates constitutes a Class of Book-Entry Certificates.

     

    Business
      Day:
      Any day
      other than (i) a Saturday or a Sunday, or (ii) a day on which banking
      institutions in the State of New York, the State of Delaware, the State of
      Maryland, the State of Minnesota, the city in which any Corporate Trust Office
      of the Securities Administrator or the Trustee is located or the States in
      which
      the Servicer’s servicing operations are located are authorized or obligated by
      law or executive order to be closed.

     

    Cap
      Contract:
      Shall
      mean the cap contract between the Trustee and the Cap Provider, for the benefit
      of the Holders of the Class A-1 Certificates attached hereto as Exhibit
      P.

     

    Cap
      Provider:
      Nomura
      Global Financial Products Inc., or any successor thereto. 

     

    Certificate:
      Any one
      of the certificates of any Class executed and authenticated by the Securities
      Administrator in substantially the forms attached hereto as Exhibits A-1 through
      A-5.

     

    Certificate
      Notional Balance:
      With
      respect to the Class X Certificates and any Distribution Date, the
      Uncertificated Principal Balance of the REMIC I Regular Interests (other
      than REMIC I Regular Interest LT-P) for such Distribution Date. As of the
      Closing Date, the Certificate Notional Balance of the Class X Certificates
      is
      equal to $1,875,043.00.

     

    Certificate
      Owner:
      With
      respect to a Book-Entry Certificate, the Person that is the beneficial owner
      of
      such Book-Entry Certificate.

     

    Certificate
      Principal Balance:
      As to
      any class of Publicly Offered Certificate and as of any Distribution Date,
      the
      Initial Certificate Principal Balance of such Certificate plus any Subsequent
      Recoveries added to the Certificate Principal Balance of such Certificate
      pursuant to Section 5.05(f) less the sum of (i) all amounts distributed
      with respect to such Certificate in reduction of the Certificate Principal
      Balance thereof on previous Distribution Dates pursuant to Section 5.04,
      and (ii) with respect to the Mezzanine Certificates, any reductions in the
      Certificate Principal Balance of such Certificate deemed to have occurred in
      connection with the allocations of Realized Losses, if any. The initial
      Certificate Principal Balance of the Class P Certificates is equal to $100.
      

     

    References
      herein to the Certificate Principal Balance of a Class of Certificates shall
      mean the Certificate Principal Balances of all Certificates in such Class.
      

     

    Certificate
      Register:
      The
      register maintained pursuant to Section 6.02.

     

    Certificateholder
      or Holder:
      The
      person in whose name a Certificate is registered in the Certificate Register
      (initially, Cede & Co., as nominee for the Depository, in the case of any
      Book-Entry Certificates).

     

    Certification
      Parties:
      Has the
      meaning set forth in Section 3.18 of this Agreement.

     

    Certifying
      Person:
      Has the
      meaning set forth in Section 3.18 of this Agreement.

     

    Class:
      All
      Certificates bearing the same Class designation as set forth in
      Section 6.01.

     

    Class
      A-1 Certificate:
      Any
      Certificate designated as a “Class A-1 Certificate” on the face thereof, in the
      form of Exhibit
      A-1
      hereto,
      representing the right to the Percentage Interest of distributions provided
      for
      the Class A-1 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      A-1 Pass-Through Rate:
      With
      respect to any Distribution Date, One-Month LIBOR plus 0.10% per annum, subject
      to a cap equal to the Net WAC Rate Cap for such Distribution Date.

     

    Class
      A-2 Certificate:
      Any
      Certificate designated as a “Class A-2 Certificate” on the face thereof, in the
      form of Exhibit
      A-1
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class A-2 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      A-2 Pass-Through Rate:
      With
      respect to any Distribution Date, 5.755% per annum, subject to a cap equal
      to
      the Net WAC Rate Cap for such Distribution Date.

     

    Class
      A-3 Certificate:
      Any
      Certificate designated as a “Class A-3 Certificate” on the face thereof, in the
      form of Exhibit
      A-1
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class A-3 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      A-3 Pass-Through Rate:
      With
      respect to any Distribution Date, 5.769% per annum, subject to a cap equal
      to
      the Net WAC Rate Cap for such Distribution Date.

     

    Class
      A-4 Certificate:
      Any
      Certificate designated as a “Class A-4 Certificate” on the face thereof, in the
      form of Exhibit
      A-1
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class A-4 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      A-4 Pass-Through Rate:
      With
      respect to any Distribution Date, 6.026% per annum, subject to a cap equal
      to
      the Net WAC Rate Cap for such Distribution Date.

     

    Class
      A-5 Certificate:
      Any
      Certificate designated as a “Class A-5 Certificate” on the face thereof, in the
      form of Exhibit
      A-1
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class A-5 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      A-5 Pass-Through Rate:
      Shall
      mean (i) with respect to any Distribution Date which occurs on or prior to
      the
      Optional Termination Date, 6.257% per annum and (ii) with respect to each
      Distribution Date which occurs thereafter, 6.757% per annum, in each case,
      subject to a cap equal to the Net WAC Rate Cap for such Distribution
      Date.

     

    Class
      A-6 Certificate:
      Any
      Certificate designated as a “Class A-6 Certificate” on the face thereof, in the
      form of Exhibit
      A-1
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class A-6 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      A-6 Pass-Through Rate:
      Shall
      mean (i) with respect to any Distribution Date which occurs on or prior to
      the
      Optional Termination Date, 5.840% per annum and (ii) with respect to each
      Distribution Date which occurs thereafter, 6.340% per annum, in each case,
      subject to a cap equal to the Net WAC Rate Cap for such Distribution
      Date.

     

    Class
      A-6 Lockout Principal Distribution Amount:
      With
      respect to any Distribution Date will be an amount equal to the least of (i)
      the
      Certificate Principal Balance of the Class A-6 Certificates, (ii) the Senior
      Principal Distribution Amount for such Distribution Date and (iii) the Class
      A-6
      Lockout Distribution Percentage for that Distribution Date multiplied by the
      product of (x) a fraction, the numerator of which is the Certificate Principal
      Balance of the Class A-6 Certificates and the denominator of which is the
      aggregate Certificate Principal Balance of all of the Senior Certificates,
      in
      each case immediately prior to such Distribution Date and (y) the Senior
      Principal Distribution Amount for such Distribution Date.

     

    Class
      A-6 Lockout Distribution Percentage:
      With
      respect to each Distribution Date, the applicable percentage set forth
      below:

     

    
      	
              Distribution
                Dates

            	
              Class
                A-6 Lockout

              Distribution

              Percentage

            
	
              September
                2006 through and including August 2009

            	
              0%

            
	
              September
                2009 through and including August 2011

            	
              45%

            
	
              September
                2011 through and including August 2012

            	
              80%

            
	
              September
                2012 through and including August 2013

            	
              100%

            
	
              September
                2013 and thereafter

            	
              300%

            

    

    

    Class
      M-1 Certificate:
      Any
      Certificate designated as a “Class M-1 Certificate” on the face thereof, in the
      form of Exhibit
      A-2
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class M-1 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      M-1 Pass-Through Rate:
      Shall
      mean (i) with respect to each Distribution Date which occurs on or prior to
      the
      Optional Termination Date, 6.132% per annum and (ii) with respect to each
      Distribution Date which occurs thereafter, 6.632% per annum, in each case
      subject to a cap equal to the Net WAC Rate Cap for such Distribution
      Date.

     

    Class
      M-1 Principal Distribution Amount:
      With
      respect to any Distribution Date which occurs (i) prior to the Stepdown Date
      or
      on or after the Stepdown Date if a Trigger Event is in effect for that
      Distribution Date, the Principal Distribution Amount for that Distribution
      Date
      remaining after distribution of the Senior Principal Distribution Amount or
      (ii)
      on or after the Stepdown Date if a Trigger Event is not in effect for that
      Distribution Date, the lesser of:

     

    
      	·  	
              the
                Principal Distribution Amount for that Distribution Date remaining
                after
                distribution of the Senior Principal Distribution Amount;
                and

            

    

     

    
      	·  	
              the
                excess, if any, of (A) the aggregate Certificate Principal Balance
                of the
                Class M-1 Certificates immediately prior to that Distribution Date
                over
                (B) the positive difference between (i) the aggregate Stated Principal
                Balance of the Mortgage Loans as of the last day of the related Due
                Period
                (after reduction for Realized Losses incurred during the related
                Prepayment Period) and (ii) the sum of (x) the aggregate Certificate
                Principal Balance of the Senior Certificates after taking into account
                the
                payment of the Senior Principal Distribution Amount for such Distribution
                Date and (y) the product of (a) the aggregate Stated Principal Balance
                of
                the Mortgage Loans as of the last day of the related Due Period (after
                reduction for Realized Losses incurred during the related Prepayment
                Period) and (b) the sum of 11.60% and the Required Overcollateralization
                Percentage.

            

    

     

    Class
      M-2 Certificate:
      Any
      Certificate designated as a “Class M-2 Certificate” on the face thereof, in the
      form of Exhibit
      A-2
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class M-2 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      M-2 Pass-Through Rate:
      Shall
      mean (i) with respect to each Distribution Date which occurs on or prior to
      the
      Optional Termination Date, 6.429% per annum and (ii) with respect to each
      Distribution Date which occurs thereafter, 6.929% per annum, in each case
      subject to a cap equal to the Net WAC Rate Cap for such Distribution
      Date.

     

    Class
      M-2 Principal Distribution Amount:
      With
      respect to any Distribution Date which occurs (i) prior to the Stepdown Date
      or
      on or after the Stepdown Date if a Trigger Event is in effect for that
      Distribution Date, the Principal Distribution Amount for that Distribution
      Date
      remaining after distribution of the Senior Principal Distribution Amount and
      the
      Class M-1 Principal Distribution Amount or (ii) on or after the Stepdown Date
      if
      a Trigger Event is not in effect for that Distribution Date, the lesser
      of:

     

    
      	·  	
              the
                Principal Distribution Amount for that Distribution Date remaining
                after
                distribution of the Senior Principal Distribution Amount and the
                Class M-1
                Principal Distribution Amount; and

            

    

     

    
      	·  	
              the
                excess, if any, of (A) the aggregate Certificate Principal Balance
                of the
                Class M-2 Certificates immediately prior to that Distribution Date
                over
                (B) the positive difference between (i) the aggregate Stated Principal
                Balance of the Mortgage Loans as of the last day of the related Due
                Period
                (after reduction for Realized Losses incurred during the related
                Prepayment Period) and (ii) the sum of (x) the aggregate Certificate
                Principal Balance of the Senior Certificates and the Class M-1
                Certificates after taking into account the payment of the Senior
                Principal
                Distribution Amount and the Class M-1 Principal Distribution Amount
                for
                such Distribution Date and (y) the product of (a) the aggregate Stated
                Principal Balance of the Mortgage Loans as of the last day of the
                related
                Due Period (after reduction for Realized Losses incurred during the
                related Prepayment Period) and (b) the sum of 5.50% and the Required
                Overcollateralization Percentage.

            

    

     

    Class
      M-3 Certificate:
      Any
      Certificate designated as a “Class M-3 Certificate” on the face thereof, in the
      form of Exhibit
      A-2
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class M-3 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      M-3 Pass-Through Rate:
      Shall
      mean (i) with respect to each Distribution Date which occurs on or prior to
      the
      Optional Termination Date, 6.700% per annum and (ii) with respect to each
      Distribution Date which occurs thereafter, 7.200% per annum, in each case
      subject to a cap equal to the Net WAC Rate Cap for such Distribution
      Date.

     

    Class
      M-3 Principal Distribution Amount:
      With
      respect to any Distribution Date which occurs (i) prior to the Stepdown Date
      or
      on or after the Stepdown Date if a Trigger Event is in effect for that
      Distribution Date, the Principal Distribution Amount for that Distribution
      Date
      remaining after distribution of the Senior Principal Distribution Amount, the
      Class M-1 Principal Distribution Amount and the Class M-2 Principal Distribution
      Amount or (ii) on or after the Stepdown Date if a Trigger Event is not in effect
      for that Distribution Date, the lesser of:

     

    
      	·  	
              the
                Principal Distribution Amount for that Distribution Date remaining
                after
                distribution of the Senior Principal Distribution Amount, the Class
                M-1
                Principal Distribution Amount and the Class M-2 Principal Distribution
                Amount; and

            

    

     

    
      	·  	
              the
                excess, if any, of (A) the aggregate Certificate Principal Balance
                of the
                Class M-3 Certificates immediately prior to that Distribution Date
                over
                (B) the positive difference between (i) the aggregate Stated Principal
                Balance of the Mortgage Loans as of the last day of the related Due
                Period
                (after reduction for Realized Losses incurred during the related
                Prepayment Period) and (ii) the sum of (x) the aggregate Certificate
                Principal Balance of the Senior Certificates, the Class M-1 Certificates
                and the Class M-2 Certificates (after taking into account the payment
                of
                the Senior Principal Distribution Amount, the Class M-1 Principal
                Distribution Amount and the Class M-2 Principal Distribution Amount
                for
                such Distribution Date) and (y) the product of (a) the aggregate
                Stated
                Principal Balance of the Mortgage Loans as of the last day of the
                related
                Due Period (after reduction for Realized Losses incurred during the
                related Prepayment Period) and (b) the sum of 2.00% and the Required
                Overcollateralization Percentage.

            

    

     

    Class
      M-4 Certificate:
      Any
      Certificate designated as a “Class M-4 Certificate” on the face thereof, in the
      form of Exhibit
      A-2
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class M-4 Certificates as set forth herein and evidencing a Regular Interest
      in REMIC II.

     

    Class
      M-4 Pass-Through Rate:
      Shall
      mean (i) with respect to each Distribution Date which occurs on or prior to
      the
      Optional Termination Date, 6.700% per annum and (ii) with respect to each
      Distribution Date which occurs thereafter, 7.300% per annum, in each case
      subject to a cap equal to the Net WAC Rate Cap for such Distribution
      Date.

     

    Class
      M-4 Principal Distribution Amount:
      With
      respect to any Distribution Date which occurs (i) prior to the Stepdown Date
      or
      on or after the Stepdown Date if a Trigger Event is in effect for that
      Distribution Date, the Principal Distribution Amount for that Distribution
      Date
      remaining after distribution of the Senior Principal Distribution Amount, the
      Class M-1 Principal Distribution Amount, the Class M-2 Principal Distribution
      Amount and the Class M-3 Principal Distribution Amount or (ii) on or after
      the
      Stepdown Date if a Trigger Event is not in effect for that Distribution Date,
      the lesser of:

     

    
      	·  	
              the
                Principal Distribution Amount for that Distribution Date remaining
                after
                distribution of the Senior Principal Distribution Amount, the Class
                M-1
                Principal Distribution Amount, the Class M-2 Principal Distribution
                Amount
                and the Class M-3 Principal Distribution Amount;
                and

            

    

     

    
      	·  	
              the
                excess, if any, of (A) the aggregate Certificate Principal Balance
                of the
                Class M-4 Certificates immediately prior to that Distribution Date
                over
                (B) the positive difference between (i) the aggregate Stated Principal
                Balance of the Mortgage Loans as of the last day of the related Due
                Period
                (after reduction for Realized Losses incurred during the related
                Prepayment Period) and (ii) the sum of (x) the aggregate Certificate
                Principal Balance of the Senior Certificates, the Class M-1 Certificates,
                the Class M-2 Certificates and the Class M-3 Certificates (after
                taking
                into account the payment of the Senior Principal Distribution Amount,
                the
                Class M-1 Principal Distribution Amount, the Class M-2 Principal
                Distribution Amount and the Class M-3 Principal Distribution Amount
                for
                such Distribution Date) and (y) the product of (a) the aggregate
                Stated
                Principal Balance of the Mortgage Loans as of the last day of the
                related
                Due Period (after reduction for Realized Losses incurred during the
                related Prepayment Period) and (b) the Required Overcollateralization
                Percentage.

            

    

     

    Class
      P Certificate:
      Any
      Certificate designated as a “Class P Certificate” on the face thereof, in the
      form of Exhibit
      A-3
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class P Certificates as set forth herein and evidencing a Regular Interest
      in REMIC IV.

     

    Class
      P Interest:
      An
      uncertificated interest in the Trust Fund held by the Trustee on behalf of
      the
      Holders of the Class P Certificates, evidencing a Regular Interest in REMIC
      II
      for purposes of the REMIC Provisions.

     

    Class
      P Certificate Account:
      The
      Eligible Account established and maintained by the Securities Administrator
      pursuant to Section 5.09.

     

    Class
      R Certificate:
      Any
      Certificate designated a “Class R Certificate” on the face thereof, in
      substantially the form set forth in Exhibit
      A-4
      hereto,
      evidencing the Class R-1 Interest and Class R-2 Interest.

     

    Class
      R-X Certificate:
      The
      Class R-X Certificate executed by the Trustee, and authenticated and delivered
      by the Certificate Registrat, substantially in the form annexed hereto as
      Exhibit A-6 and evidencing the ownership of the Class R-3 Interest, the Class
      R-4 Interest and the Class R-5 Interest.

     

    Class
      R-1 Interest:
      The
      uncertificated residual interest in REMIC I.

     

    Class
      R-2 Interest:
      The
      uncertificated residual interest in REMIC II.

     

    Class
      R-3 Interest:
      The
      uncertificated residual interest in REMIC III.

     

    Class
      R-4 Interest:
      The
      uncertificated residual interest in REMIC IV.

     

    Class
      R-5 Interest:
      The
      uncertificated residual interest in REMIC V.

     

    Class
      X Certificate:
      Any
      Certificate designated as a “Class X Certificate” on the face thereof, in the
      form of Exhibit
      A-5
      hereto,
      representing the right to its Percentage Interest of distributions provided
      for
      the Class X Certificates herein and evidencing a Regular Interest in
      REMIC III.

     

    Class
      X Distribution Amount:
      With
      respect to any Distribution Date, the sum of (i) the Excess Cap Payment, (ii)
      the Interest Distribution Amount for the Class X Certificates for such
      Distribution Date and (iii) any Overcollateralization Reduction Amount for
      such
      Distribution Date remaining after payments pursuant to items 1 though 6 of
      clause Third
      of
      Section 5.04(a); provided, however that on and after the Distribution Date
      on which the aggregate Certificate Principal Balance of the Certificates has
      been reduced to zero, the Class X Distribution Amount shall include the
      Overcollateralization Amount.

     

    Class
      X Pass-Through Rate:
      On any
      Distribution Date, a per annum rate equal to the percentage equivalent of a
      fraction, the numerator of which is the sum of the amounts calculated pursuant
      to clauses (A) through (L) below, and the denominator of which is the aggregate
      of the Uncertificated Principal Balances of the REMIC I Regular Interests
      (other than REMIC I Regular Interest LT-P). For purposes of calculating the
      Pass-Through Rate for the Class X Certificates, the numerator is equal to the
      sum of the following components:

     

    (A)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-AA
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-AA;

     

    (B)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-A1
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-A1;

     

    (C)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-A2
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-A2;

     

    (D)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-A3
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-A3;

     

    (E)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-A4
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-A4;

     

    (F)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-A5
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-A5;

     

    (G)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-A6
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-A6;

     

    (H)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-M1
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-M1;

     

    (I)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-M2
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-M2;

     

    (J)
       the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-M3
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-M3; 

     

    (K) the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-M4
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-M4; and

     

    (L) the
      Uncertificated REMIC I Pass-Through Rate for REMIC I Regular Interest LT-ZZ
      minus the Marker Rate, applied to an amount equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-ZZ.

     

    Class
      X Interest:
      An
      uncertificated interest in the Trust Fund held by the Trustee on behalf of
      the
      Holders of the Class X Certificates, evidencing a Regular Interest in REMIC
      II
      for purposes of the REMIC Provisions.

     

    Cleanup
      Call:
      As
      defined in Section 10.01.

     

    Closing
      Date:
      August
      30, 2006.

     

    Code:
      The
      Internal Revenue Code of 1986, including any successor or amendatory
      provisions.

     

    Commission:
      Shall
      mean the United States Securities and Exchange Commission.

     

    Compensating
      Interest:
      With
      respect to any Distribution Date, an amount to be deposited in the Distribution
      Account by the Servicer pursuant to the Servicing Agreement or the Master
      Servicer pursuant to this Agreement to offset a Prepayment Interest Shortfall
      on
      a Mortgage Loan; provided, however that the amount of Compensating Interest
      required to be paid in respect of the Mortgage Loans shall not exceed the
      Servicing Fee payable to the Servicer or, in the case of the Master Servicer,
      shall not exceed the Master Servicing Compensation payable to the Master
      Servicer with respect to the related Prepayment Period.

     

    Controlling
      Person:
      Means,
      with respect to any Person, any other Person who “controls” such Person within
      the meaning of the Securities Act.

     

    Corporate
      Trust Office:
      The
      principal corporate trust office of the Trustee or the Securities Administrator,
      as the case maybe, at which, at any particular time its corporate business
      in
      connection with this agreement shall be administered, which office at the date
      of the execution of this instrument is located at (ii) in the case of the
      Trustee, HSBC Bank USA, National Association, 452 Fifth Avenue, New York, New
      York 10018, Attention: Nomura Asset Acceptance Corp., 2006-WF1 or at such other
      address as the Trustee may designate from time to time by notice to the
      Certificateholders, the Depositor, the Master Servicer, the Securities
      Administrator and the Servicer, and (ii) with respect to the office of the
      Securities Administrator, which for purposes of Certificate transfers and
      surrender is located at Wells Fargo Bank, N.A., Sixth Street and Marquette
      Avenue, Minneapolis, Minnesota 55479, Attention: Corporate Trust Services-Client
      Manager (NAAC 2006-WF1), and for all other purposes is located at Wells Fargo
      Bank, N.A., P.O. Box 98, Columbia, Maryland 21046, Attention: Corporate Trust
      Services-Client Manager (NAAC 2006-WF1) (or for overnight deliveries, at 9062
      Old Annapolis Road, Columbia, Maryland 21045, Attention: Corporate Trust
      Services-Client Manager (NAAC 2006-WF1)), or at such other address as the
      Securities Administrator may designate from time to time by notice to the
      Certificateholders, the Depositor, the Master Servicer, the Servicer and the
      Trustee.

     

    Corresponding
      Certificate:
      With
      respect to:

     

    
      	 	
              (i)

            	
              REMIC
                I Regular Interest LT-A1, the Class A-1 Certificates,

            
	 	
              (ii)

            	
              REMIC
                I Regular Interest LT-A2, the Class A-2 Certificates;

            
	 	
              (iii)

            	
              REMIC
                I Regular Interest LT-A3, the Class A-3 Certificates;

            
	 	
              (iv)

            	
              REMIC
                I Regular Interest LT-A4, the Class A-4 Certificates;

            
	 	
              (v)

            	
              REMIC
                I Regular Interest LT-A5, the Class A-5 Certificates;

            
	 	
              (vi)

            	
              REMIC
                I Regular Interest LT-A6, the Class A-6 Certificates;

            
	 	
              (vii)

            	
              REMIC
                I Regular Interest LT-M1, the Class M-1 Certificates;

            
	 	
              (viii)

            	
              REMIC
                I Regular Interest LT-M2, the Class M-2 Certificates;

            
	 	
              (ix)

            	
              REMIC
                I Regular Interest LT-M3, the Class M-3 Certificates; 

            
	 	
              (x)

            	
              REMIC
                I Regular Interest LT-M4, the Class M-4 Certificates;
                and

            
	 	
              (xi)

            	
              REMIC
                I Regular Interest LT-P, the Class P
                Certificates.

            

    

    

    Coverage
      Percentage:
      With
      respect to each Covered Mortgage Loan, the percentage of coverage provided
      by
      the PMI Policy (as set forth in Schedule I, which will remain static throughout
      the life of the transaction).

     

    Covered
      Mortgage Loan:
      Each
      Mortgage Loan covered by the PMI Policy, as identified on the schedule attached
      hereto as Schedule 2.

     

    Credit
      Enhancement Percentage:
      With
      respect to any Distribution Date and any Class of Publicly Offered Certificates,
      the percentage obtained by dividing (x) the sum of (i) the aggregate Certificate
      Principal Balance of the Class or Classes of Publicly Offered Certificates
      subordinate thereto and (ii) the Overcollateralization Amount by (y) the
      aggregate Stated Principal Balance of the Mortgage Loans, calculated after
      taking into account distributions of principal on the Mortgage Loans and
      distribution of the Principal Distribution Amount to the holders of the Publicly
      Offered Certificates then entitled to distributions of principal on such
      Distribution Date.

     

    Credit
      Risk Management Agreement:
      The
      agreement between the Credit Risk Manager and the Servicer and/or Master
      Servicer, dated as of August 30, 2006.

     

    Credit
      Risk Management Fee:
      As to
      each Mortgage Loan and any Distribution Date, an amount equal to 1/12th of
      the
      Credit Risk Management Fee Rate multiplied by the Stated Principal Balance
      of
      such Mortgage Loan as of the last day of the related Due Period. The Credit
      Risk
      Management Fee shall be payable to the Credit Risk Manager and/or the Sponsor
      pursuant to Section 3.32(a)(vii) and 3.33(b).

     

    Credit
      Risk Management Fee Rate:
      0.005%
      per annum.

     

    Credit
      Risk Manager:
      Portfolio Surveillance Analytics, LLC, and its successors and
      assigns.

     

    Custodial
      Account:
      The
      account established and maintained by the Servicer with respect to receipts
      on
      the Mortgage Loans and related REO Properties in accordance with the terms
      and
      conditions of the Servicing Agreement.

     

    Custodial
      Agreement:
      The
      Custodial Agreement dated as of August 1, 2006 among the Custodian, the Servicer
      and the Trustee.

     

    Custodian:
      Wells
      Fargo Bank, N.A., a national banking association, or any successor thereto
      appointed pursuant to the Custodial Agreement.

     

    Cut-off
      Date:
      August
      1, 2006.

     

    Cut-off
      Date Principal Balance:
      As to
      any Mortgage Loan, the unpaid principal balance thereof as of the close of
      business on the Cut-off Date after application of all Principal Prepayments
      received prior to the Cut-off Date and scheduled payments of principal due
      on or
      before the Cut-off Date, whether or not received, but without giving effect
      to
      any installments of principal received in respect of Due Dates after the Cut-off
      Date.

     

    Debt
      Service Reduction:
      With
      respect to any Mortgage Loan, a reduction by a court of competent jurisdiction
      in a proceeding under the Bankruptcy Code in the Scheduled Payment for such
      Mortgage Loan that became final and non-appealable, except such a reduction
      resulting from a Deficient Valuation or any other reduction that results in
      a
      permanent forgiveness of principal.

     

    Deficient
      Valuation:
      With
      respect to any Mortgage Loan, a valuation by a court of competent jurisdiction
      of the Mortgaged Property in an amount less than the then outstanding
      indebtedness under such Mortgage Loan, or any reduction in the amount of
      principal to be paid in connection with any Scheduled Payment that results
      in a
      permanent forgiveness of principal, which valuation or reduction results from
      an
      order of such court that is final and non-appealable in a proceeding under
      the
      Bankruptcy Code.

     

    Definitive
      Certificates:
      As
      defined in Section 6.06.

     

    Deleted
      Mortgage Loan:
      A
      Mortgage Loan replaced or to be replaced by a Replacement Mortgage
      Loan.

     

    Delinquent:
      A
      Mortgage Loan is “delinquent” if any payment due thereon is not made pursuant to
      the terms of such Mortgage Loan by the close of business on the day such payment
      is scheduled to be due. A Mortgage Loan is “30 days delinquent” if such payment
      has not been received by the close of business on the corresponding day of
      the
      month immediately succeeding the month in which such payment was due, or, if
      there is no such corresponding day (e.g., as when a 30-day month follows a
      31-day month in which a payment was due on the 31st day of such month), then
      on
      the last day of such immediately succeeding month. Similarly for “60 days
      delinquent,” “90 days delinquent” and so on.

     

    Denomination:
      With
      respect to each Certificate, the amount set forth on the face thereof as the
      “Initial Certificate Principal Balance of this Certificate”.

     

    Depositor:
      Nomura
      Asset Acceptance Corporation, a Delaware corporation, or its successor in
      interest.

     

    Depository:
      The
      initial Depository shall be The Depository Trust Company (“DTC”), the nominee of
      which is Cede & Co., or any other organization registered as a “clearing
      agency” pursuant to Section 17A of the Exchange Act. The Depository shall
      initially be the registered Holder of the Book-Entry Certificates. The
      Depository shall at all times be a “clearing corporation” as defined in
      Section 8-102(a)(5) of the Uniform Commercial Code of the State of New
      York.

     

    Depository
      Agreement:
      With
      respect to the Class of Book-Entry Certificates, the agreement among the
      Depositor, the Trustee and the initial Depository, dated as of the Closing
      Date,
      substantially in the form of Exhibit I.

     

    Depository
      Participant:
      A
      broker, dealer, bank or other financial institution or other Person for whom
      from time to time a Depository effects book-entry transfers and pledges of
      securities deposited with the Depository.

     

    Determination
      Date:
      With
      respect to any Distribution Date, the fifteenth (15th)
      day of
      the month of such Distribution Date or, if such day is not a Business Day,
      the
      immediately preceding Business Day.

     

    Distribution
      Account:
      The
      separate Eligible Account created and maintained by the Securities Administrator
      pursuant to Section 3.31 for the benefit of the Certificateholders,
      designated “Wells Fargo Bank, N.A., in trust for registered holders of Nomura
      Asset Acceptance Corp., Mortgage Pass-Through Certificates, Series 2006-WF1”.
      Funds in the Distribution Account shall be held in trust for the
      Certificateholders for the uses and purposes set forth in this
      Agreement.

     

    Distribution
      Date:
      The
      twenty-fifth (25th)
      day of
      each calendar month after the initial issuance of the Certificates, or if such
      twenty-fifth day is not a Business Day, the next succeeding Business Day,
      commencing in September 2006.

     

    Due
      Date:
      As to
      any Mortgage Loan, the date in each month on which the related Scheduled Payment
      is due, as set forth in the related Mortgage Note.

     

    Due
      Period:
      With
      respect to any Distribution Date, the period from the second day of the calendar
      month preceding the calendar month in which such Distribution Date occurs
      through the close of business on the first day of the calendar month in which
      such Distribution Date occurs.

     

    Eligible
      Account:
      Any of
      (i) an account or accounts maintained with a federal or state chartered
      depository institution or trust company, the long-term unsecured debt
      obligations and short-term unsecured debt obligations of which are rated by
      each
      Rating Agency in one of its two highest long-term and its highest short-term
      rating categories respectively, at the time any amounts are held on deposit
      therein, or (ii) an account or accounts in a depository institution or trust
      company in which such accounts are insured by the FDIC (to the limits
      established by the FDIC) and the uninsured deposits in which accounts are
      otherwise secured such that, as evidenced by an Opinion of Counsel delivered
      to
      the Trustee and to each Rating Agency, the Certificateholders have a claim
      with
      respect to the funds in such account or a perfected first priority security
      interest against any collateral (which shall be limited to Permitted
      Investments) securing such funds that is superior to claims of any other
      depositors or creditors of the depository institution or trust company in which
      such account is maintained, or (iii) a segregated, non-interest bearing trust
      account or accounts maintained with the corporate trust department of a federal
      or state chartered depository institution or trust company having capital and
      surplus of not less than $50,000,000, acting in its fiduciary capacity or (iv)
      any other account acceptable to the Rating Agencies as evidenced in writing
      by
      the Rating Agencies. Eligible Accounts may bear interest, and may include,
      if
      otherwise qualified under this definition, accounts maintained with the Trustee
      or Securities Administrator.

     

    ERISA:
      The
      Employee Retirement Income Security Act of 1974, as amended.

     

    ERISA
      Restricted Certificate:
      Each of
      the Class X, Class P and Class R Certificates.

     

    Excess
      Liquidation Proceeds:
      To the
      extent not required by law to be paid to the related Mortgagor, the excess,
      if
      any, of any Liquidation Proceeds with respect to a Mortgage Loan over the Stated
      Principal Balance of such Mortgage Loan and accrued and unpaid interest at
      the
      related Mortgage Rate through the last day of the month in which the Mortgage
      Loan has been liquidated.

     

    Exchange
      Act:
      Securities and Exchange Act of 1934, as amended, and the rules and regulations
      promulgated thereunder.

     

    Exemption:
      Prohibited Transaction Exemption 93-32, as amended from time to
      time.

     

    Expense
      Fee Rate:
      The sum
      of the Credit Risk Management Fee Rate, the Servicing Fee Rate, the Master
      Servicing Fee Rate and the PMI Insurer Fee Rate, if applicable. In attributable
      to the Mortgage Loans.

     

    Extra
      Principal Distribution Amount:
      With
      respect to any Distribution Date, the lesser of (x) the Net Monthly Excess
      Cashflow for such Distribution Date and (y) the Overcollateralization Increase
      Amount for such Distribution Date.

     

    Fannie
      Mae:
      Fannie
      Mae (formerly, Federal National Mortgage Association), or any successor
      thereto.

     

    FDIC:
      The
      Federal Deposit Insurance Corporation, or any successor thereto.

     

    Final
      Recovery Determination:
      With
      respect to any defaulted Mortgage Loan or any REO Property (other than a
      Mortgage Loan or REO Property purchased by the Sponsor or the Master Servicer
      pursuant to or as contemplated by Section 2.03(c) or Section 10.01), a
      determination made by the Servicer pursuant to the Servicing Agreement that
      all
      Insurance Proceeds, Liquidation Proceeds and other payments or recoveries which
      the Servicer, in its reasonable good faith judgment, expects to be finally
      recoverable in respect thereof have been so recovered. The Servicer shall
      maintain records of each Final Recovery Determination made thereby.

     

    FIRREA:
      The
      Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as
      amended.

     

    Fitch:
      Fitch
      Ratings.

     

    Form
      8-K Disclosure Information:
      Has the
      meaning set forth in Section 5.12(b) of this Agreement.

     

    Freddie
      Mac:
      Federal
      Home Loan Mortgage Corporation, or any successor thereto.

     

    Indemnified
      Persons:
      The
      Trustee, the Master Servicer, the Securities Administrator, the Custodian,
      the
      Trust Fund and their officers, directors, agents and employees and, with respect
      to the Trustee, any separate co-trustee and its officers, directors, agents
      and
      employees.

     

    Independent:
      When
      used with respect to any specified Person, any such Person who (a) is in fact
      independent of the Depositor, the Master Servicer, the Securities Administrator,
      the Servicer, the Sponsor, any originator and their respective Affiliates,
      (b)
      does not have any direct financial interest in or any material indirect
      financial interest in the Depositor, the Master Servicer, the Securities
      Administrator, the Servicer, the Sponsor, any originator or any Affiliate
      thereof, and (c) is not connected with the Depositor, the Master Servicer,
      the
      Securities Administrator, the Servicer, the Sponsor, any originator or any
      Affiliate thereof as an officer, employee, promoter, underwriter, trustee,
      partner, director or Person performing similar functions; provided, however,
      that a Person shall not fail to be Independent of the Depositor, the Master
      Servicer, the Securities Administrator, the Servicer, the Sponsor, any
      originator or any Affiliate thereof merely because such Person is the beneficial
      owner of one percent (1%) or less of any class of securities issued by the
      Depositor, the Master Servicer, the Securities Administrator, the Servicer,
      the
      Sponsor, any originator or any Affiliate thereof, as the case may be.

     

    When
      used
      with respect to any accountants, a Person who is “independent” within the
      meaning of Rule 2-01(B) of the Securities and Exchange Commission’s Regulation
      S-X. Independent means, when used with respect to any other Person, a Person
      who
      (A) is in fact independent of another specified Person and any affiliate of
      such
      other Person, (B) does not have any material direct or indirect financial
      interest in such other Person or any affiliate of such other Person, (C) is
      not
      connected with such other Person or any affiliate of such other Person as an
      officer, employee, promoter, underwriter, Securities Administrator, partner,
      director or Person performing similar functions and (D) is not a member of
      the
      immediate family of a Person defined in clause (B) or (C) above.

     

    Initial
      Certificate Principal Balance:
      With
      respect to any Certificate, the Certificate Principal Balance of such
      Certificate or any predecessor Certificate on the Closing Date.

     

    Insurance
      Policy:
      With
      respect to any Mortgage Loan included in the Trust Fund, any insurance policy,
      including all riders and endorsements thereto in effect with respect to such
      Mortgage Loan, including any replacement policy or policies for any Insurance
      Policies.

     

    Insurance
      Proceeds:
      Proceeds paid in respect of the Mortgage Loans pursuant to any Insurance Policy
      or any other insurance policy covering a Mortgage Loan, to the extent such
      proceeds are payable to the mortgagee under the Mortgage, the Servicer or the
      trustee under the deed of trust and are not applied to the restoration of the
      related Mortgaged Property or released to the Mortgagor in accordance with
      the
      servicing standard set forth in the Servicing Agreement, other than any amount
      included in such Insurance Proceeds in respect of Insured Expenses.

     

    Insured
      Expenses:
      Expenses covered by any Insurance Policy with respect to the Mortgage
      Loans.

     

    Interest
      Carry Forward Amount:
      With
      respect to any Class of Certificates (other than the Class X, Class P and Class
      R Certificates) and any Distribution Date, the amount, if any, by which the
      Interest Distribution Amount for that Class of Certificates for the immediately
      preceding Distribution Date exceeded the actual amount distributed on such
      Class
      in respect of interest on the immediately preceding Distribution Date, together
      with any Interest Carry Forward Amount with respect to such Class remaining
      unpaid from the previous Distribution Date.

     

    Interest
      Determination Date:
      Shall
      mean the second LIBOR Business Day preceding the commencement of each Accrual
      Period.

     

    Interest
      Distribution Amount:
      With
      respect to any Class of Certificates (other than the Class P Certificates and
      Class R Certificates) and any Distribution Date, an amount equal to the interest
      accrued during the related Accrual Period at the applicable Pass-Through Rate
      on
      the Certificate Principal Balance (or Certificate Notional Balance) of such
      Certificate immediately prior to such Distribution Date less such Certificate’s
      share of any Net Interest Shortfall and the interest portion of any Realized
      Losses on the Mortgage Loans allocated to such Certificate pursuant to
      Section 1.02. The Interest Distribution Amount with respect to each Class
      of Certificates (other than the Class A-1 Certificates) is calculated on the
      basis of a 360-day year consisting of twelve 30-day months. The Interest
      Distribution Amount with respect to the Class A-1 Certificates is calculated
      on
      an actual/360 basis. No Interest Distribution Amount will be payable with
      respect to any Class of Certificates after the Distribution Date on which the
      outstanding Certificate Principal Balance (or Certificate Notional Balance)
      of
      such Certificate has been reduced to zero.

     

    Interest
      Remittance Amount:
      With
      respect to any Distribution Date, that portion of the Available Distribution
      Amount for such Distribution Date generally equal to (i) the sum, without
      duplication, of (a) all scheduled interest during the related Due Period with
      respect to the Mortgage Loans less the Servicing Fee, the Master Servicing
      Fee,
      the Credit Risk Management Fee and the PMI Insurer Fee, if applicable, (b)
      all
      Advances relating to interest with respect to the Mortgage Loans made on or
      prior to the related Remittance Date, (c) all Compensating Interest with respect
      to the Mortgage Loans and required to be remitted by the Servicer pursuant
      to
      the Servicing Agreement or the Master Servicer pursuant to this Agreement with
      respect to such Distribution Date, (d) Liquidation Proceeds and Subsequent
      Recoveries with respect to the Mortgage Loans collected during the related
      Prepayment Period (to the extent such Liquidation Proceeds and Subsequent
      Recoveries relate to interest), (e) all amounts relating to interest with
      respect to each Mortgage Loan repurchased by the Sponsor pursuant to Sections
      2.02 and 2.03 and (f) all amounts in respect of interest paid by the Master
      Servicer pursuant to Section 10.01 to the extent remitted by the Master
      Servicer to the Distribution Account pursuant to this Agreement and minus (ii)
      all amounts required to be reimbursed by the Trust pursuant to Section 3.32
      or as otherwise set forth in this Agreement, the Servicing Agreement or the
      Custodial Agreement.

     

    Interest
      Shortfall:
      With
      respect to any Distribution Date, the aggregate shortfall, if any, in
      collections of interest (adjusted to the related Net Mortgage Rates) on Mortgage
      Loans resulting from (a) Principal Prepayments in full received during the
      related Prepayment Period, (b) partial Principal Prepayments received during
      the
      related Prepayment Period to the extent applied prior to the Due Date in the
      month of the Distribution Date and (c) interest payments on certain of the
      Mortgage Loans being limited pursuant to the provisions of the Relief
      Act.

     

    Last
      Scheduled Distribution Date:
      The
      Distribution Date in June 2036.

     

    Latest
      Possible Maturity Date:
      The
      second Distribution Date following the final scheduled maturity date of the
      Mortgage Loan in the Trust Fund having the latest scheduled maturity date as
      of
      the Cut-off Date. For purposes of the Treasury Regulations under Code
      Section 860A through 860G, the latest possible maturity date of each
      regular interest issued by REMIC I and REMIC II shall be the Latest Possible
      Maturity Date.

     

    LIBOR
      Business Day:
      Shall
      mean any day other than a Saturday or a Sunday or a day on which banking
      institutions in the State of New York or in the city of London, England are
      required or authorized by law to be closed.

     

    LIBOR
      Determination Date:
      The
      second LIBOR Business Day before the first day of the related Accrual
      Period.

     

    Liquidated
      Loan:
      With
      respect to any Distribution Date, a defaulted Mortgage Loan that has been
      liquidated through deed-in-lieu of foreclosure, foreclosure sale, trustee’s sale
      or other realization as provided by applicable law governing the real property
      subject to the related Mortgage and any security agreements and as to which
      the
      Servicer has certified in the related Prepayment Period in writing to the
      Securities Administrator that it has made a Final Recovery
      Determination.

     

    Liquidation
      Principal:
      The
      principal portion of Liquidation Proceeds received on a Mortgage Loan that
      became a Liquidated Mortgage Loan, but not in excess of the Stated Principal
      Balance of that Mortgage Loan, during the calendar month preceding the month
      of
      the Distribution Date.

     

    Liquidation
      Proceeds:
      Amounts, other than Insurance Proceeds, received in connection with the partial
      or complete liquidation of a Mortgage Loan, whether through trustee’s sale,
      foreclosure sale or otherwise, or in connection with any condemnation or partial
      release of a Mortgaged Property and any other proceeds received with respect
      to
      an REO Property, less the sum of related unreimbursed Advances, Servicing Fees
      and Servicing Advances and all expenses of liquidation, including property
      protection expenses and foreclosure and sale costs, including court and
      reasonable attorneys fees.

     

    Loan-to-Value
      Ratio:
      The
      fraction, expressed as a percentage, the numerator of which is the original
      principal balance of the Mortgage Loan and the denominator of which is the
      Appraised Value of the related Mortgaged Property.

     

    Majority
      Class X Certificateholder:
      The
      Holder of a 50.01% or greater Percentage Interest in the Class X
      Certificates.

     

    Marker
      Rate:
      With
      respect to the Class X Interest and any Distribution Date, a per annum rate
      equal to two (2) times the weighted average of the Uncertificated REMIC I
      Pass-Through Rates for REMIC I Regular Interest LT-A1, REMIC I Regular Interest
      LT-A2, REMIC I Regular Interest LT-A3, REMIC I Regular Interest LT-A4, REMIC
      I
      Regular Interest LT-A4, REMIC I Regular Interest LT-A5, REMIC I Regular Interest
      LT-A6, REMIC I Regular Interest LT-M1, REMIC I Regular Interest LT-M2, REMIC
      I
      Regular Interest LT-M3 and REMIC I Regular Interest LT-ZZ, with the rate on
      each
      such REMIC I Regular Interest subject to a cap equal to the Pass-Through Rate
      for the Corresponding Certificate for the purpose of this calculation; and
      with
      the rate on REMIC I Regular Interest LT-ZZ subject to a cap of 0.00% per annum
      for the purpose of this calculation; provided, however, that for this purpose,
      the calculation of the Uncertificated REMIC I Pass-Through Rate and the related
      cap with respect to REMIC I Regular Interest LT-A1 shall be multiplied by a
      fraction, the numerator of which is the actual number of days in the Accrual
      Period and the denominator of which is 30.

     

    Master
      Servicer:
      As of
      the Closing Date, Wells Fargo Bank, N.A. and thereafter, its respective
      successors in interest who meet the qualifications of this Agreement. The Master
      Servicer and the Securities Administrator shall at all times be the same Person
      or Affiliates.

     

    Master
      Servicer Default:
      One or
      more of the events described in Section 8.01(b).

     

    Master
      Servicing Fee:
      With
      respect to each Mortgage Loan and for any calendar month, an amount equal to
      one
      twelfth of the product of the Master Servicing Fee Rate multiplied by the Stated
      Principal Balance of the Mortgage Loans as of the Due Date in the preceding
      calendar month.

     

    Master
      Servicing Fee Rate:
      0.0050%
      per annum.

     

    Master
      Servicing Compensation:
      The
      Master Servicing Fee plus all income and gain realized from any investment
      of
      funds in the Distribution Account.

     

    MERS:
      Mortgage Electronic Registration Systems, Inc., a corporation organized and
      existing under the laws of the State of Delaware, or any successor
      thereto.

     

    MERS®
      System:
      The
      system of recording transfers of Mortgages electronically maintained by
      MERS.

     

    Mezzanine
      Certificates:
      The
      Class M-1, Class M-2, Class M-3 and Class M-4.

     

    MIN:
      The
      Mortgage Identification Number for Mortgage Loans registered with MERS on the
      MERS® System.

     

    MOM
      Loan:
      Any
      Mortgage Loan as to which MERS is acting as the mortgagee of such Mortgage
      Loan,
      solely as nominee for the originator of such Mortgage Loan and its successors
      and assigns, at the origination thereof.

     

    Monthly
      Statement:
      The
      statement delivered to the Certificateholders pursuant to
      Section 5.07.

     

    Moody’s:
      Moody’s
      Investors Service, Inc. or its successor in interest.

     

    Mortgage:
      The
      mortgage, deed of trust or other instrument creating a first lien on or first
      priority ownership interest in an estate in fee simple in real property securing
      a Mortgage Note.

     

    Mortgage
      File:
      The
      Mortgage Loan Documents pertaining to a particular Mortgage Loan and any
      additional documents delivered to the Trustee or the Custodian on behalf of
      the
      Trustee to be added to the Mortgage File pursuant to this
      Agreement.

     

    Mortgage
      Loan Documents:
      As
      defined in Section 2.01.

     

    Mortgage
      Loans:
      Such of
      the Mortgage Loans transferred and assigned to the Trustee pursuant to the
      provisions hereof, as from time to time are held as a part of the Trust Fund
      (including any REO Property), the mortgage loans so held being identified in
      the
      Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of
      title of the related Mortgaged Property.

     

    Mortgage
      Loan Purchase Agreement:
      The
      Mortgage Loan Purchase Agreement dated as of August 30, 2006, between the
      Sponsor, as seller and the Depositor, as purchaser, a form of which is attached
      hereto as Exhibit
      C.

     

    Mortgage
      Loan Purchase Price:
      The
      price, calculated as set forth in Section 10.01, to be paid in connection
      with the purchase of the Mortgage Loans pursuant to
      Section 10.01.

     

    Mortgage
      Loan Schedule:
      The
      list of Mortgage Loans (as from time to time amended by the Servicer to reflect
      the deletion of Deleted Mortgage Loans and the addition of Replacement Mortgage
      Loans pursuant to the provisions of this Agreement) transferred to the Trustee
      as part of the Trust Fund and from time to time subject to this Agreement,
      the
      initial Mortgage Loan Schedule being attached hereto as Exhibit
      B,
      setting
      forth the following information with respect to each Mortgage Loan:

     

    (i)  the
      Mortgage Loan identifying number;

     

    (ii)  the
      Mortgage Rate in effect as of the Cut-off Date;

     

    (iii)  the
      Servicing Fee Rate;

     

    (iv)  the
      Net
      Mortgage Rate in effect as of the Cut-off Date;

     

    (v)  the
      maturity date;

     

    (vi)  the
      original principal balance;

     

    (vii)  the
      Cut-off Date Principal Balance;

     

    (viii)  the
      original term;

     

    (ix)  the
      remaining term;

     

    (x)  the
      property type;

     

    (xi)  the
      product type (e.g., 2/28, 15 year fixed, 30 year fixed, 15/30 balloon,
      etc.);

     

    (xii)  with
      respect to each MOM Loan, the related MIN;

     

    (xiii)  the
      Custodian; 

     

    (xiv)  a
      code
      indicating whether the Mortgage Loan is subject to a Prepayment Charge, the
      term
      of such Prepayment Charge and the amount of such Prepayment Charge;

     

    (xv)  the
      Servicer; and

     

    (xvi)  whether
      the Mortgage Loan is a Covered Mortgage Loan; and

     

    (xvii)  the
      PMI
      Insurer Fee Rate, if applicable.

     

    Such
      schedule shall also set forth the aggregate Cut-off Date Principal Balance
      for
      all of the Mortgage Loans.

     

    Mortgage
      Note:
      The
      original executed note or other evidence of indebtedness of a Mortgagor under
      a
      Mortgage Loan.

     

    Mortgage
      Rate:
      With
      respect to each Mortgage Loan, the annual rate at which interest accrues on
      such
      Mortgage Loan from time to time in accordance with the provisions of the related
      Mortgage Note. With respect to each Mortgage Loan that becomes an REO Property,
      as of any date of determination, the annual rate determined in accordance with
      the immediately preceding sentence as of the date such Mortgage Loan became
      an
      REO Property.

     

    Mortgaged
      Property:
      The
      underlying property securing a Mortgage Loan.

     

    Mortgagor:
      The
      obligor on a Mortgage Note.

     

    Net
      Interest Shortfalls:
      With
      respect to any Distribution, Interest Shortfalls net of payments by the Servicer
      or the Master Servicer in respect of Compensating Interest.

     

    Net
      Monthly Excess Cashflow:
      With
      respect to any Distribution Date, the sum of (a) any Overcollateralization
      Reduction Amount and (b) the excess of (x) the Available Distribution Amount
      for
      such Distribution Date over (y) the sum for such Distribution Date of (A) the
      aggregate amount of Senior Interest Distribution Amounts payable to the Senior
      Certificates and the Interest Distribution Amounts payable to the Mezzanine
      Certificates and (B) the Principal Funds.

     

    Net
      Mortgage Rate:
      As to
      each Mortgage Loan, and at any time, the per annum rate equal to the related
      Mortgage Rate less the sum of (i) the Servicing Fee Rate, (ii) the Credit Risk
      Management Fee Rate, (iii) the Master Servicing Fee Rate and (iv) the PMI
      Insurer Fee Rate.

     

    Net
      WAC Rate Cap:
      With
      respect to the Senior Certificates and the Mezzanine Certificates, the weighted
      average of the Net Mortgage Rates of the Mortgage Loans, weighted based on
      their
      Stated Principal Balances as of the first day of the calendar month preceding
      the month in which the Distribution Date occurs; provided that the Net WAC
      Rate
      Cap with respect to the Class A-1 Certificates shall be multiplied by a
      fraction, the numerator of which is 30 and the denominator of which is the
      actual number of days in the Accrual Period. 

     

    For
      federal income tax purposes, the Net WAC Rate Cap, with respect to any
      Distribution Date, shall be expressed as the weighted average of the
      Uncertificated REMIC I Pass-Through Rates on each REMIC I Regular
      Interest (other than REMIC I Regular Interest LT-P) weighted on the basis of
      the
      Uncertificated Principal Balance of such REMIC I Regular
      Interests.

     

    Net
      WAC Rate Carryover Amount:
      With
      respect to each class of Senior Certificates and the Mezzanine Certificates
      and
      any Distribution Date on which the related Pass-Through Rate is reduced by
      the
      Net WAC Rate Cap, an amount equal to the sum of (i) the excess of (x) the amount
      of interest such Class would have been entitled to receive on such Distribution
      Date if the Pass-Through Rate applicable to such Class would not have been
      reduced by the Net WAC Rate Cap on such Distribution Date over (y) the amount
      of
      interest paid on such Distribution Date to such Class plus (ii) the related
      Net
      WAC Rate Carryover Amount for the previous Distribution Date not previously
      distributed to such Class.

     

    Net
      WAC Reserve Fund:
      Shall
      mean the segregated non-interest bearing trust account created and maintained
      by
      the Securities Administrator pursuant to Section 5.11 hereof.

     

    Non-Book-Entry
      Certificate:
      Any
      Certificate other than a Book-Entry Certificate.

     

    Nonrecoverable
      Advance:
      With
      respect to any Mortgage Loan, any portion of an Advance or Servicing Advance
      previously made or proposed to be made by the Servicer pursuant to the Servicing
      Agreement or the Trustee (or such other Successor Servicer appointed by the
      Trustee), that, in the good faith judgment of the Servicer or the such Successor
      Servicer, will not or, in the case of a proposed Advance or Servicing Advance,
      would not, be ultimately recoverable by it from the related Mortgagor, related
      Liquidation Proceeds, Insurance Proceeds or otherwise.

     

    Officer’s
      Certificate:
      A
      certificate (i) signed by the Chairman of the Board, the Vice Chairman of the
      Board, the President, a Vice President (however denominated), an Assistant
      Vice
      President, the Treasurer, the Secretary, or one of the assistant treasurers
      or
      assistant secretaries of the Depositor or the Trustee (or any other officer
      customarily performing functions similar to those performed by any of the above
      designated officers and also to whom, with respect to a particular matter,
      such
      matter is referred because of such officer’s knowledge of and familiarity with a
      particular subject) or (ii), if provided for in the Servicing Agreement, signed
      by an Authorized Servicer Representative, as the case may be, and delivered
      to
      the Depositor, the Sponsor, the Master Servicer, the Securities Administrator
      and/or the Trustee, as the case may be, as required by the Servicing
      Agreement.

     

    One-Month
      LIBOR:
      With
      respect to any Accrual Period (other than the first Accrual Period), the rate
      determined by the Securities Administrator on the related Interest Determination
      Date on the basis of the rate for U.S. dollar deposits for one month that
      appears on Telerate Screen Page 3750 as of 11:00 a.m. (London time) on such
      Interest Determination Date. If such rate does not appear on such page (or
      such
      other page as may replace that page on that service, or if such service is
      no
      longer offered, such other service for displaying One-Month LIBOR or comparable
      rates as may be reasonably selected by the Securities Administrator), One-Month
      LIBOR for the applicable Accrual Period will be the Reference Bank Rate. If
      no
      such quotations can be obtained by the Securities Administrator and no Reference
      Bank Rate is available, One-Month LIBOR will be One-Month LIBOR applicable
      to
      the preceding Accrual Period. The establishment of One-Month LIBOR on each
      Interest Determination Date by the Securities Administrator and the Securities
      Administrator’s calculation of the rate of interest applicable to the Class A-1
      Certificates for the related Accrual Period shall, in the absence of manifest
      error, be final and binding. With respect to the first Accrual period, One-Month
      LIBOR shall equal 5.350% per annum.

     

    Opinion
      of Counsel:
      A
      written opinion of counsel, who may be counsel for the Sponsor, the Master
      Servicer, the Depositor or the Servicer, reasonably acceptable to each addressee
      of such opinion; provided that with respect to Section 2.05, 7.05 or 11.01,
      or the interpretation or application of the REMIC Provisions, such counsel
      must
      (i) in fact be independent of the Sponsor, the Master Servicer Depositor and
      the
      Servicer, (ii) not have any direct financial interest in the Sponsor, the
      Depositor, the Master Servicer or the Servicer or in any affiliate of any of
      them, and (iii) not be connected with the Sponsor, the Depositor, the Master
      Servicer or the Servicer as an officer, employee, promoter, underwriter,
      trustee, partner, director or person performing similar functions.

     

    Optional
      Termination:
      The
      termination of the Trust Fund created hereunder as a result of the purchase
      of
      all of the Mortgage Loans and any REO Property, as described in
      Section 10.01.

     

    Optional
      Termination Date:
      The
      first Distribution Date on which the Master Servicer may purchase, at its
      option, the Mortgage Loans and REO Properties, as described in
      Section 10.01.

     

    OTS:
      The
      Office of Thrift Supervision or any successor thereto.

     

    OTS
      Method:
      The
      method used by OTS to calculate delinquencies.

     

    Outstanding:
      With
      respect to the Certificates as of any date of determination, all Certificates
      theretofore executed and authenticated under this Agreement except:

     

    (a) Certificates
      theretofore canceled by the Securities Administrator or delivered to the
      Securities Administrator for cancellation; and

     

    (b) Certificates
      in exchange for which or in lieu of which other Certificates have been executed
      and delivered by the Securities Administrator pursuant to this
      Agreement.

     

    Outstanding
      Mortgage Loan:
      As of
      any date of determination, a Mortgage Loan with a Stated Principal Balance
      greater than zero that was not the subject of a Principal Prepayment in full,
      and that did not become a Liquidated Loan, prior to the end of the related
      Prepayment Period.

     

    Overcollateralization
      Amount:
      With
      respect to any Distribution Date, the excess, if any, of (a) the aggregate
      Stated Principal Balance of the Mortgage Loans as of the last day of the related
      Due Period over (b) the aggregate Certificate Principal Balance of the Senior
      Certificates and the Mezzanine Certificates on such Distribution Date (after
      taking into account the payment of 100% of the Principal Funds on such
      Distribution Date).

     

    Overcollateralization
      Increase Amount:
      With
      respect to any Distribution Date, the excess, if any, of (a) the Required
      Overcollateralization Amount over (b) the Overcollateralization Amount on such
      Distribution Date.

     

    Overcollateralization
      Reduction Amount:
      With
      respect to any Distribution Date, the lesser of (x) the Principal Funds for
      such
      Distribution Date and (y) the excess, if any, of (i) the Overcollateralization
      Amount for such Distribution Date over (ii) the Required Overcollateralization
      Amount for such Distribution Date.

     

    Ownership
      Interest:
      As to
      any Certificate, any ownership interest in such Certificate including any
      interest in such Certificate as the Holder thereof and any other interest
      therein, whether direct or indirect, legal or beneficial.

     

    Pass-Through
      Rate:
      With
      respect to each Class of Certificates, the applicable Pass-Through Rate for
      each
      such Class as set forth in the Preliminary Statement, except with respect to
      the
      Class X Certificates, 100% of the interest distributable to the Class X
      Interest, expressed as a per annum rate.

     

    Payahead:
      Any
      Scheduled Payment intended by the related Mortgagor to be applied in a Due
      Period subsequent to the Due Period in which such payment was
      received.

     

    PCAOB:
      Shall
      mean the Public Company Accounting Oversight Board.

     

    Percentage
      Interest:
      With
      respect to any Certificate of a specified Class, the Percentage Interest set
      forth on the face thereof or the percentage obtained by dividing the
      Denomination of such Certificate by the aggregate of the Denominations of all
      Certificates of such Class.

     

    Permitted
      Investments:
      At any
      time, any one or more of the following obligations and securities:

     

    (i)  direct
      obligations of, or obligations fully guaranteed as to timely payment of
      principal and interest by, the United States or any agency thereof, provided
      such obligations are unconditionally backed by the full faith and credit of
      the
      United States;

     

    (ii)  general
      obligations of or obligations guaranteed by any state of the United States
      or
      the District of Columbia receiving the highest long-term debt rating of each
      Rating Agency, or such lower rating as will not result in the downgrading or
      withdrawal of the ratings then assigned to the Certificates by each Rating
      Agency, as evidenced by a signed writing delivered by each Rating
      Agency;

     

    (iii)  commercial
      or finance company paper which is then receiving the highest commercial or
      finance company paper rating of each Rating Agency that rates such securities,
      or such lower rating as will not result in the downgrading or withdrawal of
      the
      ratings then assigned to the Certificates by each Rating Agency, as evidenced
      by
      a signed writing delivered by each Rating Agency;

     

    (iv)  certificates
      of deposit, demand or time deposits, or bankers’ acceptances issued by any
      depository institution or trust company incorporated under the laws of the
      United States or of any state thereof and subject to supervision and examination
      by federal and/or state banking authorities (including the Trustee or the Master
      Servicer in its commercial banking capacity), provided that the commercial
      paper
      and/or long term unsecured debt obligations of such depository institution
      or
      trust company are then rated one of the two highest long-term and the highest
      short-term ratings of each such Rating Agency for such securities, or such
      lower
      ratings as will not result in the downgrading or withdrawal of the rating then
      assigned to the Certificates by any Rating Agency, as evidenced by a signed
      writing delivered by each Rating Agency;

     

    (v)  demand
      or
      time deposits or certificates of deposit issued by any bank or trust company
      or
      savings institution to the extent that such deposits are fully insured by the
      FDIC;

     

    (vi)  guaranteed
      reinvestment agreements issued by any bank, insurance company or other
      corporation containing, at the time of the issuance of such agreements, such
      terms and conditions as will not result in the downgrading or withdrawal of
      the
      rating then assigned to the Certificates by any such Rating Agency, as evidenced
      by a signed writing delivered by each Rating Agency;

     

    (vii)  repurchase
      obligations with respect to any security described in clauses (i) and (ii)
      above, in either case entered into with a depository institution or trust
      company (acting as principal) described in clause (v) above;

     

    (viii)  securities
      (other than stripped bonds, stripped coupons or instruments sold at a purchase
      price in excess of 115% of the face amount thereof) bearing interest or sold
      at
      a discount issued by any corporation incorporated under the laws of the United
      States or any state thereof which, at the time of such investment, have one
      of
      the two highest long term ratings of each Rating Agency, or such lower rating
      as
      will not result in the downgrading or withdrawal of the rating then assigned
      to
      the Certificates by any Rating Agency, as evidenced by a signed writing
      delivered by each Rating Agency;

     

    (ix)  units
      of
      money market funds registered under the Investment Company Act of 1940 including
      funds managed or advised by the Trustee, the Master Servicer or an affiliate
      of
      either, having a rating by S&P of AAAm-G or AAAm, if rated by Moody’s, rated
      Aaa, Aa1 or Aa2, and if rated by Fitch, F1, F2 or F3;

     

    (x)  short
      term investment funds sponsored by any trust company or banking association
      incorporated under the laws of the United States or any state thereof (including
      any such fund managed or advised by the Trustee, the Master Servicer or any
      affiliate thereof) which on the date of acquisition has been rated by each
      Rating Agency in their respective highest applicable rating category or such
      lower rating as will not result in the downgrading or withdrawal of the ratings
      then assigned to the Certificates by each Rating Agency, as evidenced by a
      signed writing delivered by each Rating Agency; and

     

    (xi)  such
      other investments having a specified stated maturity and bearing interest or
      sold at a discount acceptable to each Rating Agency as will not result in the
      downgrading or withdrawal of the rating then assigned to the Certificates by
      any
      Rating Agency, as evidenced by a signed writing delivered by each Rating Agency,
      as evidenced by a signed writing delivered by each Rating Agency;

     

    provided,
      however, that no instrument described hereunder shall evidence either the right
      to receive (a) only interest with respect to the obligations underlying such
      instrument or (b) both principal and interest payments derived from obligations
      underlying such instrument and the interest and principal payments with respect
      to such instrument provide a yield to maturity at par greater than 120% of
      the
      yield to maturity at par of the underlying obligations.

     

    Permitted
      Transferee:
      Any
      person other than (i) the United States, any State or political subdivision
      thereof, any possession of the United States or any agency or instrumentality
      of
      any of the foregoing, (ii) a foreign government, International Organization
      or
      any agency or instrumentality of either of the foregoing, (iii) an organization
      (except certain farmers’ cooperatives described in Section 521 of the Code)
      that is exempt from tax imposed by Chapter 1 of the Code (including the tax
      imposed by Section 511 of the Code on unrelated business taxable income) on
      any excess inclusions (as defined in Section 860E(c)(1) of the Code) with
      respect to any Residual Certificate, (iv) rural electric and telephone
      cooperatives described in Section 1381(a)(2)(C) of the Code, (v) a Person
      that is not a citizen or resident of the United States, a corporation,
      partnership (other than a partnership that has any direct or indirect foreign
      partners) or other entity (treated as a corporation or a partnership for federal
      income tax purposes), created or organized in or under the laws of the United
      States, any state thereof or the District of Columbia, an estate whose income
      from sources without the United States is includible in gross income for United
      States federal income tax purposes regardless of its connection with the conduct
      of a trade or business within the United States, or a trust if a court within
      the United States is able to exercise primary supervision over the
      administration of the trust and one or more United States persons have authority
      to control all substantial decisions of the trustor and (vi) any other Person
      based upon an Opinion of Counsel (which shall not be an expense of the Trustee)
      that states that the Transfer of an Ownership Interest in a Residual Certificate
      to such Person may cause any REMIC to fail to qualify as a REMIC at any time
      that any Certificates are Outstanding. The terms “United States,” “State” and
“International Organization” shall have the meanings set forth in
      Section 7701 of the Code or successor provisions. A corporation will not be
      treated as an instrumentality of the United States or of any State or political
      subdivision thereof for these purposes if all of its activities are subject
      to
      tax and, with the exception of Freddie Mac, a majority of its board of directors
      is not selected by such government unit.

     

    Person:
      Any
      individual, corporation, partnership, joint venture, association,
      joint-stock
      company, limited liability company, trust, unincorporated organization or
      government, or any agency or political subdivision thereof.

     

    PMI
      Insurer:
      PMI
      Mortgage
Insurance
      Company,
      an
      Arizona corporation, or its successor in interest.

     

    PMI
      Insurer Fee:
      The
      premium payable to the PMI Insurer on each Distribution Date pursuant to Section
      3.32, which amount shall equal one twelfth of the product of (i) the PMI Insurer
      Fee Rate (without regard to the words “per annum”), multiplied by (ii) the
      aggregate Stated Principal Balance of each Covered Mortgage Loan as of the
      first
      day of the related Due Period (after giving effect to scheduled payments of
      principal due during the Due Period relating to the previous Distribution Date,
      to the extent received or advanced) plus any applicable premium taxes on each
      Covered Mortgage Loan located in West Virginia and Kentucky.

     

    PMI
      Insurer Fee Rate:
      With
      respect to any Distribution Date and any Mortgage Loan covered by the PMI
      Policy, a rate ranging between 0.204% per annum and 2.461% per
      annum.

     

    PMI
      Policy:
      The
      primary mortgage insurance policy (policy reference number: # 22699-4) with
      respect to the related PMI Mortgage Loans, including all endorsements thereto
      dated the Closing Date, issued by the PMI Insurer.

     

    PMI
      Threshold Percentage:
      For
      purposes of Regulation AB, with respect to each Distribution Date, a percentage
      equivalent of a fraction, the numerator of which is (x) the sum of the product
      of (i) the Stated Principal Balance of the Covered Mortgage Loans and (ii)
      the
      related Coverage Percentage for each Covered Mortgae Loan and the denominator
      of
      which is (y) the aggregate Stated Principal Balance of the Mortgage Loans,
      in
      each case, as of the last day of the related Due Period.

     

    Prepayment
      Assumption:
      The
      assumed rate of prepayment, as described in the Prospectus Supplement relating
      to each Class of Publicly Offered Certificates.

     

    Prepayment
      Charge:
      With
      respect to any Principal Prepayment, any prepayment premium, penalty or charge
      payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage
      Loan pursuant to the terms of the related Mortgage Note (other than any Servicer
      Prepayment Charge Payment Amount) as shown on the Prepayment Charge
      Schedule.

     

    Prepayment
      Interest Shortfall:
      With
      respect to any Distribution Date, for each Mortgage Loan that was the subject
      of
      a Principal Prepayment in full during the related Prepayment Period, (other
      than
      a Principal Prepayment in full resulting from the purchase of a Mortgage Loan
      pursuant to Section 2.02, 2.03, 3.24 or 10.01 hereof), the amount, if any,
      by which (i) one month’s interest at the applicable Net Mortgage Rate on the
      Stated Principal Balance of such Mortgage Loan immediately prior to such
      prepayment exceeds (ii) the amount of interest paid or collected in connection
      with such Principal Prepayment less the sum of (a) the Servicing Fee, (b) the
      Credit Risk Management Fee, (c) the Master Servicing Fee Rate and (d) the PMI
      Insurer Fee Rate, if any.

     

    Prepayment
      Period:
      With
      respect to any Distribution Date, the calendar month immediately preceding
      the
      calendar month in which such Distribution Date occurs.

     

    Principal
      Distribution Amount:
      With
      respect to each Distribution Date, the sum of (i) Principal Funds for such
      Distribution Date, plus (ii) the Extra Principal Distribution Amount for such
      Distribution Date minus
      (iii)
      the amount of any Overcollateralization Reduction Amount for such Distribution
      Date. In no event will the Principal Distribution Amount with respect to any
      Distribution Date be (x) less than zero or (y) greater than the then outstanding
      aggregate Certificate Principal Balance of the Publicly Offered
      Certificates.

     

    Principal
      Funds:
      With
      respect to any Distribution Date, (i) the sum, without duplication, of (a)
      all
      scheduled principal collected during the related Due Period, (b) all Advances
      relating to principal made on or prior to the Remittance Date or, with respect
      to the Trustee (in its capacity as Successor Servicer) on the Distribution
      Date,
      (c) Principal Prepayments exclusive of prepayment charges or penalties collected
      during the related Prepayment Period, (iii) the Stated Principal Balance of
      each
      Mortgage Loan that was repurchased by the Sponsor pursuant to
      Sections 2.02, 2.03 and 3.24, (d) the aggregate of all Substitution
      Adjustment Amounts for the related Determination Date in connection with the
      substitution of Mortgage Loans pursuant to Section 2.03(b), (e) amounts in
      respect of principal paid by the Master Servicer pursuant to Section 10.01,
      (f) all Liquidation Proceeds and Subsequent Recoveries collected during the
      related Prepayment Period (to the extent such Liquidation Proceeds and
      Subsequent Recoveries relate to principal), in each case to the extent remitted
      by the Servicer to the Distribution Account pursuant to the Servicing Agreement
      and (g) all Subsequent Recoveries minus (ii) all amounts required to be
      reimbursed by the Trust Fund pursuant to Section 3.32 or as otherwise set
      forth in this Agreement or the Custodial Agreement to the extent not reimbursed
      from the Interest Remittance Amount.

     

    Principal
      Prepayment:
      Any
      Mortgagor payment or other recovery of (or proceeds with respect to) principal
      on a Mortgage Loan (including loans purchased or repurchased under Sections
      2.02, 2.03, 3.26 and 10.01 hereof) that is received in advance of its scheduled
      Due Date and is not accompanied by an amount as to interest representing
      scheduled interest due on any Due Date in any month or months subsequent to
      the
      month of prepayment. Partial Principal Prepayments shall be applied by the
      Servicer in accordance with the terms of the related Mortgage
      Note.

     

    Private
      Certificate:
      Each of
      the Class X, Class P and Class R Certificates.

     

    Prospectus
      Supplement:
      The
      Prospectus Supplement dated August 29, 2006 relating to the offering of the
      Publicly Offered Certificates.

     

    Publicly
      Offered Certificates:
      The
      Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class M-1,
      Class M-2, Class M-3 and Class M-4 Certificates.

     

    PUD:
      A
      planned unit development.

     

    Purchase
      Price:
      With
      respect to any Mortgage Loan required to be repurchased by the Sponsor pursuant
      to Section 2.02, 2.03 or 3.24 hereof and as confirmed by an Officer’s
      Certificate from the Sponsor to the Trustee, an amount equal to the sum of
      (i)
      100% of the outstanding principal balance of the Mortgage Loan as of the date
      of
      such purchase plus, (ii) thirty (30) days’ accrued interest thereon at the
      applicable Net Mortgage Rate, plus any portion of the Servicing Fee, Master
      Servicing Fee, Servicing Advances and Advances payable to the Servicer or Master
      Servicer, as applicable, with respect to such Mortgage Loan plus (iii) any
      costs
      and damages of the Trust Fund in connection with any violation by such Mortgage
      Loan of any abusive or predatory lending law, including any expenses incurred
      by
      the Trustee with respect to such Mortgage Loan prior to the purchase
      thereof.

     

    Rating
      Agency:
      Each of
      Moody’s and S&P. If any such organization or its successor is no longer in
      existence, “Rating Agency” shall be a nationally recognized statistical rating
      organization, or other comparable Person, designated by the Depositor, notice
      of
      which designation shall be given to the Trustee. References herein to a given
      rating category of a Rating Agency shall mean such rating category without
      giving effect to any modifiers.

     

    Realized
      Loss:
      With
      respect to each Mortgage Loan as to which a Final Recovery Determination has
      been made, an amount (not less than zero) equal to (i) the Stated Principal
      Balance of such Mortgage Loan as of the commencement of the calendar month
      in
      which the Final Recovery Determination was made, plus (ii) accrued interest
      from
      the Due Date as to which interest was last paid by the Mortgagor through the
      end
      of the calendar month in which such Final Recovery Determination was made,
      calculated in the case of each calendar month during such period (A) at an
      annual rate equal to the annual rate at which interest was then accruing on
      such
      Mortgage Loan and (B) on a principal amount equal to the Stated Principal
      Balance of such Mortgage Loan as of the close of business on the Distribution
      Date during such calendar month, minus (iii) the proceeds, if any, received
      in
      respect of such Mortgage Loan during the calendar month in which such Final
      Recovery Determination was made, net of amounts that are payable therefrom
      to
      the Servicer pursuant to this Agreement. To the extent the Servicer receives
      Subsequent Recoveries with respect to any Mortgage Loan, the amount of the
      Realized Loss with respect to that Mortgage Loan will be reduced to the extent
      that Subsequent Recoveries are applied to reduce the Certificate Principal
      Balance of any Class of Certificates on any Distribution Date.

     

    With
      respect to any REO Property as to which a Final Recovery Determination has
      been
      made, an amount (not less than zero) equal to (i) the Stated Principal Balance
      of the related Mortgage Loan as of the date of acquisition of such REO Property
      on behalf of REMIC I, plus (ii) accrued interest from the Due Date as to which
      interest was last paid by the Mortgagor in respect of the related Mortgage
      Loan
      through the end of the calendar month immediately preceding the calendar month
      in which such REO Property was acquired, calculated in the case of each calendar
      month during such period (A) at an annual rate equal to the annual rate at
      which
      interest was then accruing on the related Mortgage Loan and (B) on a principal
      amount equal to the Stated Principal Balance of the related Mortgage Loan as
      of
      the close of business on the Distribution Date during such calendar month,
      minus
      (iii) the aggregate of all unreimbursed Advances and Servicing
      Advances.

     

    With
      respect to each Mortgage Loan which has become the subject of a Deficient
      Valuation, the difference between the principal balance of the Mortgage Loan
      outstanding immediately prior to such Deficient Valuation and the principal
      balance of the Mortgage Loan as reduced by the Deficient Valuation.

     

    With
      respect to each Mortgage Loan which has become the subject of a Debt Service
      Reduction, the portion, if any, of the reduction in each affected Monthly
      Payment attributable to a reduction in the Mortgage Rate imposed by a court
      of
      competent jurisdiction. Each such Realized Loss shall be deemed to have been
      incurred on the Due Date for each affected Monthly Payment.

     

    In
      addition, to the extent the Servicer receives Subsequent Recoveries with respect
      to any Mortgage Loan, the amount of the Realized Loss with respect to that
      Mortgage Loan will be reduced to the extent such Subsequent Recoveries are
      applied to reduce the Certificate Principal Balance of any Class of Certificates
      on any Distribution Date.

     

    Record
      Date:
      With
      respect to the Certificates and any Distribution Date, the close of business
      on
      the last Business Day of the month preceding the month in which such
      Distribution Date occurs. 

     

    Reference
      Bank Rate:
      With
      respect to any Accrual Period shall mean the arithmetic mean, rounded upwards,
      if necessary, to the nearest whole multiple of 0.03125%, of the offered rates
      for United States dollar deposits for one month that are quoted by the Reference
      Banks as of 11:00 a.m., New York City time, on the related Interest
      Determination Date to prime banks in the London interbank market for a period
      of
      one month in an amount approximately equal to the Certificate Principal Balance
      of the Class A-1 Certificates for such Accrual Period, provided that at least
      two such Reference Banks provide such rate. If fewer than two offered rates
      appear, the Reference Bank Rate will be the arithmetic mean, rounded upwards,
      if
      necessary, to the nearest whole multiple of 0.03125%, of the rates quoted by
      one
      or more major banks in New York City, selected by the Securities Administrator,
      as of 11:00 a.m., New York City time, on such date for loans in United States
      dollars to leading European banks for a period of one month in amounts
      approximately equal to the Certificate Principal Balance of the Class A-1
      Certificates for such Accrual Period.

     

    Reference
      Banks:
      Shall
      mean leading banks selected by the Securities Administrator and engaged in
      transactions in Eurodollar deposits in the international Eurocurrency market
      (i)
      with an established place of business in London, (ii) which have been designated
      as such by the Securities Administrator and (iii) which are not controlling,
      controlled by, or under common control with, the Depositor, the Sponsor or
      the
      Servicer.

     

    Regulation
      AB:
      Means
      Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R.
§§229.1100-229.1123, as such may be amended from time to time, and subject to
      such clarification and interpretation as have been provided by the Commission
      in
      the adopting release (Asset-Backed Securities, Securities Act Release No.
      33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the
      Commission, or as may be provided by the Commission or its staff from time
      to
      time.

     

    Relevant
      Servicing Criteria:
      Means
      with respect to any Servicing Function Participant, the Servicing Criteria
      applicable to such party, as set forth on Exhibit
      L
      attached
      hereto. For clarification purposes, multiple parties can have responsibility for
      the same Relevant Servicing Criteria. With respect to a Servicing Function
      Participant engaged by the Master Servicer, the Securities Administrator or
      the
      Servicer, the term “Relevant Servicing Criteria” may refer to a portion of the
      Relevant Servicing Criteria applicable to such party.

     

    Relief
      Act:
      The
      Servicemembers Civil Relief Act of 2003, as amended from time to time or similar
      state or local laws.

     

    REMIC:
      A “real
      estate mortgage investment conduit” within the meaning of Section 860D of
      the Code.

     

    REMIC
      I:
      The
      segregated pool of assets subject hereto, constituting the primary trust created
      hereby and to be administered hereunder, with respect to which a REMIC election
      is to be made, consisting of (i) the Mortgage Loans and all interest accruing
      and principal due with respect thereto after the Cut-off Date to the extent
      not
      applied in computing the Cut-off Date Principal Balance thereof and all related
      Prepayment Charges; (ii) the related Mortgage Files, (iii) the Custodial Account
      (other than any amounts representing any Servicer Prepayment Charge Payment
      Amount), the Distribution Account, the Class P Certificate Account and such
      assets that are deposited therein from time to time, together with any and
      all
      income, proceeds and payments with respect thereto; (iv) property that secured
      a
      Mortgage Loan and has been acquired by foreclosure, deed in lieu of foreclosure
      or otherwise; (v) the mortgagee’s rights under the Insurance Policies with
      respect to the Mortgage Loans and the PMI Policy; (vi) the rights under the
      Mortgage Loan Purchase Agreement, and (vii) all proceeds of the foregoing,
      including proceeds of conversion, voluntary or involuntary, of any of the
      foregoing into cash or other liquid property. Notwithstanding the foregoing,
      however, REMIC I specifically excludes (i) all payments and other collections
      of
      principal and interest due on the Mortgage Loans on or before the Cut-off Date,
      (ii) all Prepayment Charges payable in connection with Principal Prepayments
      made before the Cut-off Date, (iii) the Net WAC Reserve Fund and (iv) the Cap
      Contract.

     

    REMIC
      I Interest Loss Allocation Amount:
      With
      respect to any Distribution Date, an amount equal to (a) the product of (i)
      the
      aggregate Stated Principal Balance of the Mortgage Loans and REO Properties
      then
      outstanding and (ii) the Uncertificated REMIC I Pass-Through Rate for REMIC
      I
      Regular Interest LT-AA minus the Marker Rate, divided by (b) 12.

     

    REMIC
      I Overcollateralization Amount:
      With
      respect to any date of determination, (i) 1% of the aggregate Uncertificated
      Principal Balances of the REMIC I Regular Interests minus (ii) the aggregate
      of
      the Uncertificated Principal Balances of REMIC I Regular Interest LT-A1, REMIC
      I
      Regular Interest LT-A2, REMIC I Regular Interest LT-A3, REMIC I Regular Interest
      LT-A4, REMIC I Regular Interest LT-A5, REMIC I Regular Interest LT-A6, REMIC
      I
      Regular Interest LT-M1, REMIC I Regular Interest LT-M2, REMIC I Regular Interest
      LT-M3, REMIC I Regular Interest LT-M4 and REMIC I Regular Interest LT-P, in
      each
      case as of such date of determination.

     

    REMIC
      I Principal Loss Allocation Amount:
      With
      respect to any Distribution Date, an amount equal to (a) the product of (i)
      the
      aggregate Stated Principal Balance of the Mortgage Loans and REO Properties
      then
      outstanding and (ii) 1 minus a fraction, the numerator of which is two times
      the
      aggregate of the Uncertificated Principal Balances of REMIC I Regular Interest
      LT-A1, REMIC I Regular Interest LT-A2, REMIC I Regular Interest LT-A3, REMIC
      I
      Regular Interest LT-A4, REMIC I Regular Interest LT-A5, REMIC I Regular Interest
      LT-A6, REMIC I Regular Interest LT-M1, REMIC I Regular Interest LT-M2, REMIC
      I
      Regular Interest LT-M3 and REMIC I Regular Interest LT-M4 and the denominator
      of
      which is the aggregate of the Uncertificated Principal Balances of REMIC I
      Regular Interest LT-A1, REMIC I Regular Interest LT-A2, REMIC I Regular Interest
      LT-A3, REMIC I Regular Interest LT-A4, REMIC I Regular Interest LT-A5, REMIC
      I
      Regular Interest LT-A6, REMIC I Regular Interest LT-M1, REMIC I Regular Interest
      LT-M2, REMIC I Regular Interest LT-M3, REMIC I Regular Interest LT-M4 and REMIC
      I Regular Interest LT-ZZ.

     

    REMIC
      I Regular Interests:
      REMIC I
      Regular Interest LT-AA, REMIC I Regular Interest LT-A1, REMIC I Regular Interest
      LT-A2, REMIC I Regular Interest LT-A3, REMIC I Regular Interest LT-A4, REMIC
      I
      Regular Interest LT-A5, REMIC I Regular Interest LT-A6, REMIC I Regular Interest
      LT-M1, REMIC I Regular Interest LT-M2, REMIC I Regular Interest LT-M3, REMIC
      I
      Regular Interest LT-M4, REMIC I Regular Interest LT-ZZ and REMIC I Regular
      Interest LT-P.

     

    REMIC
      I Regular Interest LT-AA:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-AA shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-A1:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-A1 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-A2:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-A2 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-A3:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-A3 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-A4:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-A4 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-A5:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-A5 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-A6:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-A6 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-M1:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-M1 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-M2:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-M2 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-M3:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-M3 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-M4:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-M4 shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-P:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-P shall be entitled to distributions of principal, subject to the
      terms and conditions hereof, in an aggregate amount equal to its initial
      Uncertificated Principal Balance as set forth in the Preliminary Statement
      hereto.

     

    REMIC
      I Regular Interest LT-ZZ:
      One of
      the separate non-certificated beneficial ownership interests in REMIC I issued
      hereunder and designated as a Regular Interest in REMIC I. REMIC I Regular
      Interest LT-ZZ shall accrue interest at the related Uncertificated REMIC I
      Pass-Through Rate in effect from time to time, and shall be entitled to
      distributions of principal, subject to the terms and conditions hereof, in
      an
      aggregate amount equal to its initial Uncertificated Principal Balance as set
      forth in the Preliminary Statement hereto.

     

    REMIC
      I Regular Interest LT-ZZ Maximum Interest Deferral Amount:
      With
      respect to any Distribution Date, the excess of (i) accrued interest at the
      Uncertificated REMIC I Pass-Through Rate applicable to REMIC I Regular Interest
      LT-ZZ for such Distribution Date on a balance equal to the Uncertificated
      Principal Balance of REMIC I Regular Interest LT-ZZ minus the REMIC I
      Overcollateralization Amount, in each case for such Distribution Date, over
      (ii)
      Uncertificated Accrued Interest on REMIC I Regular Interest LT-A1, REMIC I
      Regular Interest LT-A2, REMIC I Regular Interest LT-A3, REMIC I Regular Interest
      LT-A4, REMIC I Regular Interest LT-A5, REMIC I Regular Interest LT-A6, REMIC
      I
      Regular Interest LT-M1, REMIC I Regular Interest LT-M2, REMIC I Regular Interest
      LT-M3 and REMIC I Regular Interest LT-M4 for such Distribution Date, with the
      rate on each such REMIC I Regular Interest subject to a cap equal to the related
      Pass-Through Rate.

     

    REMIC
      I Required Overcollateralization Amount:
      1% of
      the Required Overcollateralization Amount.

     

    REMIC
      II:
      The
      segregated pool of assets consisting of all of the REMIC I Regular
      Interests conveyed in trust to the Trustee, for the benefit of the REMIC II
      Certificateholders pursuant to Section 2.07, and all amounts deposited
      therein, with respect to which a separate REMIC election is to be
      made.

     

    REMIC
      II Certificate:
      Any
      Regular Certificate or Class R Certificate.

     

    REMIC
      II Certificateholder:
      The
      Holder of any REMIC II Certificate.

     

    REMIC
      II Regular Interest:
      Any of
      the Class X Interest, Class P Interest, Class IO Interest and any “regular
      interest” in REMIC II the ownership of which is represented by a Senior
      Certificate or Subordinate Certificate.

     

    REMIC
      III:
      The
      segregated pool of assets consisting of all the Class X Interest conveyed in
      trust to the Trustee, for the benefit of the Holders of the Regular Certificates
      and the Class R-X Certificate (in respect of the Class R-3 Interest), pursuant
      to Section 2.07 hereunder, and all amounts deposited therein, with respect
      to
      which a separate REMIC election is to be made.

     

    REMIC
      IV:
      The
      segregated pool of assets consisting of all of the Class P Interest conveyed
      in
      trust to the Trustee, for the benefit of the Holders of the Class P Certificates
      and the Holders of the Class R-X Certificates (as holders of the Class R-4
      Interest), pursuant to Section 2.07 hereunder, and all amounts deposited
      therein, with respect to which a separate REMIC election is to be
      made.

     

    REMIC
      V:
      The
      segregated pool of assets consisting of all of the Class IO Interest conveyed
      in
      trust to the Trustee, for the benefit of the Holders of REMIC V Regular Interest
      IO and the Holders of the Class R-X Certificates (as holders of the Class R-5
      Interest), pursuant to Section 2.07, and all amounts deposited therein, with
      respect to which a separate REMIC election is to be made.

     

    REMIC
      V Regular Interest IO:
      An
      uncertificated interest in the Trust Fund held by the Trustee, evidencing a
      Regular Interest in REMIC V for purposes of the REMIC Provisions.

     

    REMIC
      Opinion:
      Shall
      mean an Opinion of Counsel to the effect that the proposed action will not
      have
      an adverse affect on any REMIC created hereunder.

     

    REMIC
      Provisions:
      Provisions of the federal income tax law relating to real estate mortgage
      investment conduits, which appear at Sections 860A through 860G of Subchapter
      M
      of Chapter 1 of the Code, and related provisions, and proposed, temporary and
      final regulations and published rulings, notices and announcements promulgated
      thereunder, as the foregoing may be in effect from time to time as well as
      provisions of applicable state laws.

     

    REMIC
      Regular Interest:
      Any
      REMIC I Regular Interest, Class X Interest, Class P Interest, or a Regular
      Certificate.

     

    Remittance
      Date:
      Shall
      mean the eighteenth (18th)
      day of
      the month and if such day is not a Business Day, the immediately succeeding
      Business Day.

     

    REO
      Property:
      A
      Mortgaged Property acquired by the Servicer through foreclosure or deed-in-lieu
      of foreclosure in connection with a defaulted Mortgage Loan.

     

    Replacement
      Mortgage Loan:
      A
      Mortgage Loan or Mortgage Loans in the aggregate substituted by the Sponsor
      for
      a Deleted Mortgage Loan, which must, on the date of such substitution, as
      confirmed in a request for release in accordance with the terms of the Custodial
      Agreement, (i) have a Stated Principal Balance, after deduction of the principal
      portion of the Scheduled Payment due in the month of substitution, not in excess
      of, and not less than 90% of, the Stated Principal Balance of the Deleted
      Mortgage Loan; (ii) have a fixed Mortgage Rate not less than or more than 1%
      per
      annum higher than the Mortgage Rate of the Deleted Mortgage Loan; (iii) have the
      same or higher credit quality characteristics than that of the Deleted Mortgage
      Loan; (iv) have a Loan-to-Value Ratio no higher than that of the Deleted
      Mortgage Loan; (v) have a remaining term to maturity no greater than (and not
      more than one year less than) that of the Deleted Mortgage Loan; (vi) be secured
      by a first lien on the related Mortgaged Property; (vii) constitute the same
      occupancy type as the Deleted Mortgage Loan or be owner occupied; (viii) comply
      with each representation and warranty set forth in the Mortgage Loan Purchase
      Agreement; and (ix) not permit conversion of the Mortgage Rate from a fixed
      rate
      to a variable rate.

     

    Reportable
      Event:
      Has the
      meaning set forth in Section 5.12(b) of this Agreement.

     

    Reporting
      Servicer:
      Shall
      mean the Servicer, the Master Servicer, the Securities Administrator, the
      Custodian under the Custodial Agreement, and any Servicing Function Participant
      engaged by such parties.

     

    Required
      Insurance Policy:
      With
      respect to any Mortgage Loan, any insurance policy that is required to be
      maintained from time to time under this Agreement.

     

    Required
      Overcollateralization Amount:
      With
      respect to any Distribution Date prior to the Stepdown Date, 1.70% of the Stated
      Principal Balance of the Mortgage Loans as of the Cut-off Date, and with respect
      to any Distribution Date on or after the Stepdown Date and with respect to
      which
      a Trigger Event is not in effect, the greater of (i) 3.40% of the Stated
      Principal Balance of the Mortgage Loans as of the last day of the related Due
      Period (after giving effect to scheduled payments of principal due during the
      related Due Period to the extent received or advanced, unscheduled collections
      of principal received during the related Prepayment Period and after reduction
      for Realized Losses incurred during the related Prepayment Period) and (ii)
      0.35% of the Stated Principal Balance of the Mortgage Loans as of the Cut-off
      Date; with respect to any Distribution Date on or after the Stepdown Date with
      respect to which a Trigger Event is in effect, the Required
      Overcollateralization Amount for such Distribution Date will be equal to the
      Required Overcollateralization Amount for the Distribution Date immediately
      preceding such Distribution Date. Notwithstanding the foregoing, on and after
      any Distribution Date following the reduction of the aggregate Certificate
      Principal Balance of the Publicly Offered Certificates to zero, the Required
      Overcollateralization Amount shall be zero.

     

    Required
      Overcollateralization Percentage:
      With
      respect to any Distribution Date, a percentage equal to (a) the Required
      Overcollateralization Amount divided by (b) the aggregate Stated Principal
      Balance of the Mortgage Loans as of the last day of the related Due Period
      (after giving effect to scheduled payments of principal due during the related
      Due Period, to the extent received or advanced, and unscheduled collections
      of
      principal received during the related Prepayment Period, and after reduction
      for
      Realized Losses incurred on the Mortgage Loans during the related Prepayment
      Period).

     

    Residual
      Certificates:
      The
      Class R Certificates and the Class R-X Certificates.

     

    Responsible
      Officer:
      With
      respect to the Trustee and the Securities Administrator, any Vice President,
      any
      Assistant Vice President, the Secretary, any Assistant Secretary, any Trust
      Officer, any other officer customarily performing functions similar to those
      performed by any of the above designated officers or other officers of the
      Trustee or the Securities Administrator specified by the Trustee or the
      Securities Administrator, as the case may be, having direct responsibility
      over
      this Agreement and customarily performing functions similar to those performed
      by any one of the designated officers, as to whom, with respect to a particular
      matter, such matter is referred because of such officer’s knowledge of and
      familiarity with the particular subject.

     

    Responsible
      Party:
      The
      party indicated on Exhibit N as the entity primarily responsible for reporting
      the information set forth therein to the Securities Administrator pursuant
      to
      Section 5.12.

     

    S&P:
      Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. or its
      successor in interest.

     

    Sarbanes-Oxley
      Act:
      Means
      the Sarbanes-Oxley Act of 2002 and the rules and regulations of the Commission
      promulgated thereunder (including any interpretations thereof by the
      Commission’s staff).

     

    Sarbanes-Oxley
      Certification:
      A
      written certification signed by an officer of the Master Servicer that complies
      with (i) the Sarbanes-Oxley Act of 2002, as amended from time to time, and
      (ii)
      Exchange Act Rules 13a-14(d) and 15d-14(d), as in effect from time to time;
      provided that if, after the Closing Date (a) the Sarbanes-Oxley Act of 2002
      is
      amended, (b) the Rules referred to in clause (ii) are modified or superseded
      by
      any subsequent statement, rule or regulation of the Commission or any statement
      of a division thereof, or (c) any future releases, rules and regulations are
      published by the Commission from time to time pursuant to the Sarbanes-Oxley
      Act
      of 2002, which in any such case affects the form or substance of the required
      certification and results in the required certification being, in the reasonable
      judgment of the Master Servicer, materially more onerous than the form of the
      required certification as of the Closing Date, the Sarbanes-Oxley Certification
      shall be as agreed to by the Master Servicer, the Depositor and the Seller
      following a negotiation in good faith to determine how to comply with any such
      new requirements.

     

    Scheduled
      Payment:
      The
      scheduled monthly payment on a Mortgage Loan due on any Due Date allocable
      to
      principal and/or interest on such Mortgage Loan.

     

    Securities
      Act:
      The
      Securities Act of 1933, as amended, and the rules and regulations promulgated
      thereunder.

     

    Securities
      Administrator:
      As of
      the Closing Date, Wells Fargo Bank, N.A. and thereafter, its respective
      successors in interest that meet the qualifications of this Agreement. The
      Securities Administrator and the Master Servicer shall at all times be the
      same
      Person or Affiliates.

     

    Senior
      Certificates:
      The
      Class A-1, Class A-2, Class A-3, Class A-4, Class A-5 and Class A-6
      Certificates.

     

    Senior
      Interest Distribution Amount:
      With
      respect to any Distribution Date and any Class of Senior Certificates will
      be
      equal to the Interest Distribution Amount for such Distribution Date for such
      Class and the Interest Carry Forward Amount, if any, for such Distribution
      Date
      for such Class.

     

    Senior
      Principal Distribution Amount:
      With
      respect to any Distribution Date which occurs (i) prior to the Stepdown Date
      or
      on or after the Stepdown Date if a Trigger Event is in effect, the Principal
      Distribution Amount or (ii) on or after the Stepdown Date if a Trigger Event
      is
      not in effect for that Distribution Date, the lesser of:

     

    
      	·  	
              the
                Principal Distribution Amount for that Distribution Date;
                and

            

    

     

    
      	·  	
              the
                excess, if any, of (A) the aggregate Certificate Principal Balance
                of the
                Senior Certificates immediately prior to that Distribution Date over
                (B)
                the positive difference between (i) the aggregate Stated Principal
                Balance
                of the Mortgage Loans as of the last day of the related Due Period
                (after
                reduction for Realized Losses incurred during the related Prepayment
                Period) and (ii) the product of (x) the aggregate Stated Principal
                Balance
                of the Mortgage Loans as of the last day of the related Due Period
                (after
                reduction for Realized Losses incurred during the related Prepayment
                Period) and (y) the sum of 18.50% and the Required Overcollateralization
                Percentage.

            

    

     

    Servicer:
      Shall
      mean Wells Fargo Bank, N.A. or any successor thereto appointed hereunder in
      connection with the servicing and administration of the Mortgage
      Loans.

     

    Servicer
      Default:
      As
      defined in Section 8.01.

     

    Servicer
      Prepayment Charge Payment Amount:
      The
      amount payable by the Servicer in respect of any waived Prepayment Charges
      pursuant to the Servicing Agreement.

     

    Service(s)(ing):
      Means,
      in accordance with Regulation AB, the act of servicing and administering the
      Mortgage Loans or any other assets of the Trust Fund by an entity that meets
      the
      definition of “servicer’ set forth in Item 1101 of Regulation AB and is subject
      to the disclosure requirements set forth in 1108 of Regulation AB. For
      clarification purposes, any uncapitalized occurrence of this term shall have
      the
      meaning commonly understood by participants in the residential mortgage-backed
      securitization market.

     

    Servicing
      Advances:
      As
      defined in the Servicing Agreement.

     

    Servicing
      Agreement:
      The
      Seller’s Warranties and Servicing Agreement, dated as of May 1, 2006, between
      the Sponsor and the Servicer (as modified pursuant to the Assignment
      Agreement).

     

    Servicing
      Criteria:
      Means
      the criteria set forth in paragraph (d) of Item 1122 of Regulation AB, as such
      may be amended from time to time.

     

    Servicing
      Fee:
      As to
      each Mortgage Loan and any Distribution Date, an amount equal to 1/12th of
      the
      Servicing Fee Rate multiplied by the Stated Principal Balance of such Mortgage
      Loan as of the last day of the related Due Period or, in the event of any
      payment of interest that accompanies a Principal Prepayment in full during
      the
      related Due Period made by the Mortgagor immediately prior to such prepayment,
      interest at the Servicing Fee Rate on the same Stated Principal Balance of
      such
      Mortgage Loan used to calculate the payment of interest on such Mortgage
      Loan.

     

    Servicing
      Fee Rate:
      0.25%
      per annum per Mortgage Loan.

     

    Servicing
      Function Participant:
      Means
      any Subservicer or Subcontractor of the Servicer, the Master Servicer and the
      Securities Administrator, the Custodian. For purposes of Section 5.12(d), such
      term also shall include the Servicer, the Master Servicer, the Securities
      Administrator and the Custodian.

     

    Servicing
      Officer:
      Any
      officer of the Servicer involved in, or responsible for, the administration
      and
      the servicing of Mortgage Loans, whose name and specimen signature appear on
      a
      list of Servicing Officers furnished to the Master Servicer, the Securities
      Administrator the Trustee and the Depositor on the Closing Date, as such list
      may from time to time be amended.

     

    Sponsor:
      Nomura
      Credit & Capital, Inc., a Delaware corporation, and its successors and
      assigns, in its capacity as seller of the Mortgage Loans to the
      Depositor.

     

    Startup
      Day:
      The
      Startup Day for REMIC I and REMIC II formed hereunder shall be the Closing
      Date.
      The Startup Day for REMIC III, REMIC IV and REMIC V shall be
      [_________________].

     

    Stated
      Principal Balance:
      With
      respect to any Mortgage Loan or related REO Property and any Distribution Date,
      the Cut-off Date Principal Balance thereof minus the sum of (i) the principal
      portion of the Scheduled Payments due with respect to such Mortgage Loan during
      each Due Period ending prior to such Distribution Date (and irrespective of
      any
      delinquency in their payment), (ii) all Principal Prepayments with respect
      to
      such Mortgage Loan received prior to or during the related Prepayment Period,
      and all Liquidation Proceeds to the extent applied by the Servicer as recoveries
      of principal in accordance with the Servicing Agreement with respect to such
      Mortgage Loan, that were received by the Servicer as of the close of business
      on
      the last day of the Prepayment Period related to such Distribution Date and
      (iii) any Realized Losses on such Mortgage Loan incurred during the related
      Prepayment Period. The Stated Principal Balance of a Liquidated Loan equals
      zero.

     

    Stepdown
      Date:
      The
      later to occur of (x) the Distribution Date in September 2009 and (y) the first
      Distribution Date on which the Credit Enhancement Percentage of the Senior
      Certificates (calculated for this purpose only after taking into account
      distributions of principal on the Mortgage Loans, but prior to any distribution
      of the Principal Distribution Amount to the holders of the Certificates then
      entitled to distributions of principal on the Distribution Date) is greater
      than
      or equal to approximately 21.90%.

     

    Subcontractor:
      Shall
      mean any vendor, subcontractor or other Person who is not responsible for the
      overall servicing of Mortgage Loans but performs one or more discrete functions
      identified in Item 1122(d) of Regulation AB with respect to Mortgage Loans
      under
      the direction or authority of the Servicer (or a Subservicer of the Servicer),
      the Master Servicer, the Trustee, the Custodian or the Securities Administrator
      and such subcontractor is determined by the Person engaging the subcontractor
      to
      be “participating in the servicing function” within the meaning of Item 1122 of
      Regulation AB.

     

    Subsequent
      Recoveries:
      Shall
      mean all amounts in respect of principal received by the Servicer on a Mortgage
      Loan for which a Realized Loss was previously incurred.

     

    Subservicer:
      Shall
      mean any Person who is identified in Item 1122(d) of Regulation AB that services
      the Mortgage Loans on behalf of the Servicer or is engaged by the Master
      Servicer, the Securities Administrator or the Custodian, and is responsible
      for
      the performance (whether directly or through subservicers or Subcontractors)
      of
      a substantial portion of the material servicing functions required to be
      performed by such Person under this Agreement or any subservicing
      agreement.

     

    Subservicing
      Agreement:
      Any
      agreement entered into between the Servicer and a Subservicer with respect
      to
      the subservicing of any Mortgage Loan subject to the Servicing Agreement by
      such
      Subservicer.

     

    Substitution
      Adjustment Amount:
      The
      meaning ascribed to such term pursuant to Section 2.03(d).

     

    Successor
      Servicer:
      Any
      successor to the Servicer appointed pursuant to Section 8.02 of this
      Agreement after the occurrence of a Servicer Default or upon the resignation
      of
      the Servicer pursuant to the Servicing Agreement.

     

    Tax
      Matters Person:
      The
      person designated as “tax matters person” in the manner provided under Treasury
      regulation § 1.860F-4(d) and temporary Treasury regulation
§ 301.6231(a)(7)-1T. The holder of the greatest Percentage Interest in a
      Class of Residual Certificates shall be the Tax Matters Person for the related
      REMIC. The Securities Administrator, or any successor thereto or assignee
      thereof shall serve as tax administrator hereunder and as agent for the related
      Tax Matters Person.

     

    Termination
      Price:
      The
      price, calculated as set forth in Section 10.01, to be paid in connection
      with the purchase of the Mortgage Loans pursuant to
      Section 10.01.

     

    Transfer
      Affidavit:
      As
      defined in Section 6.02(c).

     

    Transfer:
      Any
      direct or indirect transfer or sale of any Ownership Interest in a
      Certificate.

     

    Trigger
      Event:
      With
      respect to any Distribution Date, a Trigger Event is in effect if (x) the
      percentage obtained by dividing (i) the aggregate Stated Principal Balance
      of
      Mortgage Loans delinquent sixty (60) days or more (including Mortgage Loans
      in
      foreclosure or discharged in bankruptcy or any REO Property) by (ii) the
      aggregate Stated Principal Balance of the Mortgage Loans, in each case, as
      of
      the last day of the previous calendar month, exceeds 31.96% of the Credit
      Enhancement Percentage of the Senior Certificates for the prior Distribution
      Date, or (y) the aggregate amount of Realized Losses on the Mortgage Loans
      incurred since the Cut-off Date through the last day of the related Due Period
      divided by the aggregate Stated Principal Balance of the Mortgage Loans as
      of
      the Cut-off Date exceeds the applicable percentages set forth below with respect
      to such Distribution Date:

     

    
      	
              Distribution
                Date

            	
              Percentage

            
	
              September
                2009 to August 2010

            	
              0.44%

            
	
              September
                2010 to August 2011

            	
              1.10%

            
	
              September
                2011 to August 2012

            	
              1.90%

            
	
              September
                2012 and thereafter

            	
              2.20%

            

    

    

    Trust
      Fund:
      Collectively, the assets of REMIC I, REMIC II, REMIC III, REMIC IV, REMIC V,
      the
      Net WAC Reserve Fund and the Cap Contract.

     

    Trustee:
      HSBC
      Bank USA, National Association, a national banking association, not in its
      individual capacity, but solely in its capacity as trustee for the benefit
      of
      the Certificateholders under this Agreement, and any successor thereto, and
      any
      corporation or national banking association resulting from or surviving any
      consolidation or merger to which it or its successors may be a party and any
      successor trustee as may from time to time be serving as successor trustee
      hereunder.

     

    Uncertificated
      Accrued Interest:
      With
      respect to each Uncertificated REMIC Regular Interest on each Distribution
      Date,
      an amount equal to one month’s interest at the related Uncertificated
      Pass-Through Rate on the Uncertificated Principal Balance of such REMIC Regular
      Interest. In each case, Uncertificated Accrued Interest will be reduced by
      any
      Prepayment Interest Shortfalls and shortfalls resulting from application of
      the
      Relief Act (allocated to such REMIC Regular Interests as set forth in Sections
      1.02 and 5.07).

     

    Uncertificated
      Principal Balance:
      With
      respect to each REMIC Regular Interest, the principal amount of such REMIC
      Regular Interest outstanding as of any date of determination. As of the Closing
      Date, the Uncertificated Principal Balance of each REMIC Regular Interest shall
      equal the amount set forth in the Preliminary Statement hereto as its initial
      Uncertificated Principal Balance. On each Distribution Date, the Uncertificated
      Principal Balance of each REMIC Regular Interest shall be reduced by all
      distributions of principal made on such REMIC Regular Interest on such
      Distribution Date pursuant to Section 5.07 and, if and to the extent necessary
      and appropriate, shall be further reduced on such Distribution Date by Realized
      Losses as provided in Section 5.07. The Uncertificated Principal Balance of
      each
      REMIC Regular Interest shall never be less than zero.

     

    Uncertificated
      REMIC I Pass-Through Rate:
      A per
      annum rate equal to the average of the Net Mortgage Rates of the Mortgage Loans
      as of the first day of the related Due Period, weighted on the basis of the
      Stated Principal Balances as of the first day of the related Due Period. REMIC
      I
      Regular Interest LT-P will not accrue interest.

     

    Uncertificated
      REMIC Regular Interest:
      The
      REMIC I Regular Interests.

     

    Voting
      Rights:
      The
      portion of the voting rights of all the Certificates that is allocated to any
      Certificate for purposes of the voting provisions hereunder. Voting Rights
      shall
      be allocated (i) 97% to the Certificates (other than the Class X, Class P and
      the Residual Certificates) and (ii) 1% to each of the Class X Certificates
      and
      Class P Certificates. Voting rights will be allocated among the Certificates
      of
      each such Class in accordance with their respective Percentage Interests. The
      Residual Certificates will not be allocated any voting rights.

     

    Section
      1.02  Allocation
      of Certain Interest Shortfalls.

     

    For
      purposes of calculating the amount of the Interest Distribution Amount for
      the
      Senior Certificates, Mezzanine Certificates and Class X Certificates for any
      Distribution Date, (1) the aggregate amount of any Net Interest Shortfalls
      in
      respect of the Mortgage Loans for any Distribution Date shall first reduce
      the
      Interest Distribution Amount payable to the Class M-3 Certificates, second,
      reduce the Interest Distribution Amount payable to the Class M-2 Certificates,
      third, reduce the Interest Distribution Amount payable to the Class M-1
      Certificates, and fourth, reduce the Interest Distribution Amount payable to
      the
      Senior Certificates, on a pro
      rata
      basis
      based on, and to the extent of, one month’s interest at the then applicable
      respective Pass-Through Rate on the respective Certificate Principal Balance
      or
      Certificate Notional Balance, as applicable of each such Certificate and (2)
      the
      aggregate amount of any Realized Losses on the Mortgage Loans allocated to
      the
      Mezzanine Certificates and Net WAC Rate Carryover Amount paid to the Senior
      Certificates and the Mezzanine Certificates incurred for any Distribution Date
      shall be allocated to the Class X Certificates based on, and to the extent
      of,
      one month’s interest at the then applicable Pass-Through Rate on the Certificate
      Notional Balance thereof on any Distribution Date.

     

    For
      purposes of calculating the amount of Uncertificated Accrued Interest for the
      REMIC I Regular Interests for any Distribution Date, the aggregate amount
      of any Net Interest Shortfalls incurred in respect of the Mortgage Loans for
      any
      Distribution Date shall be allocated among
      REMIC I Regular Interest LT-AA, REMIC I Regular Interest LT-A1, REMIC I Regular
      Interest LT-A2, REMIC I Regular Interest LT-A3, REMIC I Regular Interest LT-A4,
      REMIC
      I
      Regular Interest LT-A5,
      REMIC I
      Regular Interest LT-A6, REMIC I Regular Interest LT-M1, REMIC I Regular Interest
      LT-M2, REMIC I Regular Interest LT-M3, REMIC I Regular Interest LT-M4 and REMIC
      I Regular Interest LT-ZZ, pro rata based on, and to the extent of, one month’s
      interest at the then applicable respective Uncertificated REMIC I Pass-Through
      Rate on the respective Uncertificated Principal Balance of each such REMIC
      I
      Regular Interest.

     

    

     

    ARTICLE
      II

    CONVEYANCE
      OF TRUST FUND

    REPRESENTATIONS
      AND WARRANTIES

     

    Section
      2.01  Conveyance
      of Trust Fund.

     

    The
      Sponsor hereby sells, transfers, assigns, sets over and otherwise conveys to
      the
      Depositor, without recourse, all the right, title and interest of the Sponsor
      in
      and to the assets in the Trust Fund.

     

    The
      Sponsor has entered into this Agreement in consideration for the purchase of
      the
      Mortgage Loans by the Depositor and has agreed to take the actions specified
      herein.

     

    The
      Depositor, concurrently with the execution and delivery hereof, hereby sells,
      transfers, assigns, sets over and otherwise conveys to the Trustee for the
      use
      and benefit of the Certificateholders, without recourse, all the right, title
      and interest of the Depositor in and to the Trust Fund. The Depositor herewith
      delivers to the Trustee or its Custodian an executed copy of the PMI Policy,
      and
      the Trustee or its Custodian, as applicable, acknowledges receipt of the same
      on
      behalf of the Certificateholders.

     

    Concurrently
      with the execution and delivery of this Agreement, the Depositor does hereby
      assign to the Trustee all of its rights and interest under the Mortgage Loan
      Purchase Agreement, to the extent of the Mortgage Loans sold under the Mortgage
      Loan Purchase Agreement. The Trustee hereby accepts such assignment, and shall
      be entitled to exercise all rights of the Depositor under the Mortgage Loan
      Purchase Agreement as if, for such purpose, it were the Depositor. The foregoing
      sale, transfer, assignment, set-over, deposit and conveyance does not and is
      not
      intended to result in creation or assumption by the Trustee of any obligation
      of
      the Depositor, the Sponsor or any other Person in connection with the Mortgage
      Loans or any other agreement or instrument relating thereto except as
      specifically set forth herein.

     

    In
      connection with such sale, the Depositor does hereby deliver to, and deposit
      with the Custodian pursuant to the Custodial Agreement the documents with
      respect to each Mortgage Loan as described under Section 2 of the Custodial
      Agreement (the “Mortgage Loan Documents”). In connection with such delivery and
      as further described in the Custodial Agreement, the Custodian will be required
      to review such Mortgage Loan Documents and deliver to the Trustee, the
      Depositor, the Servicer and the Sponsor certifications (in the forms attached
      to
      the Custodial Agreement) with respect to such review with exceptions noted
      thereon. In addition, under the Custodial Agreement the Depositor will be
      required to cure certain defects with respect to the Mortgage Loan Documents
      for
      the Mortgage Loans after the delivery thereof by the Depositor to the Custodian
      as more particularly set forth therein.

     

    Notwithstanding
      anything to the contrary contained herein, the parties hereto acknowledge that
      the functions of the Trustee with respect to the custody, acceptance, inspection
      and release of the Mortgage Files, including but not limited to certain
      insurance policies and documents contemplated by this Agreement, and preparation
      and delivery of the certifications shall be performed by the Custodian pursuant
      to the terms and conditions of the Custodial Agreement.

     

    The
      Depositor shall deliver or cause to be delivered to the Servicer copies of
      all
      trailing documents required to be included in the related Mortgage File at
      the
      same time the originals or certified copies thereof are delivered to the
      Custodian, such documents including the mortgagee policy of title insurance
      and
      any Mortgage Loan Documents upon return from the recording office. The Servicer
      shall not be responsible for any custodial fees or other costs incurred in
      obtaining such documents and the Depositor shall cause the Servicer to be
      reimbursed for any such costs the Servicer may incur in connection with
      performing its obligations under the Servicing Agreement.

     

    The
      Mortgage Loans permitted by the terms of this Agreement to be included in the
      Trust Fund are limited to (i) Mortgage Loans (which the Depositor acquired
      pursuant to the Mortgage Loan Purchase Agreement, which contains, among other
      representations and warranties, a representation and warranty of the Sponsor
      that no Mortgage Loan is a “High-Cost Home Loan” as defined in the New Jersey
      Home Ownership Act effective November 27, 2003, as defined in the New Mexico
      Home Loan Protection Act effective January 1, 2004) as defined in the
      Massachusetts Predatory Home Loan Practices Act, effective November 7, 2004
      (Mass. Ann. Laws Ch. 183C) or as defined in the Indiana Home Loan Practices
      Act,
      effective January 1, 2005 (Ind. Code Ann. Sections 24-9-1 through 24-9-9) and
      (ii) Qualified Substitute Mortgage Loans (which, by definition as set forth
      herein and referred to in the Mortgage Loan Purchase Agreement, are required
      to
      conform to, among other representations and warranties, the representation
      and
      warranty of the Sponsor that no Qualified Substitute Mortgage Loan is a
“High-Cost Home Loan” as defined in the New Jersey Home Ownership Act effective
      November 27, 2003, as defined in the New Mexico Home Loan Protection Act
      effective January 1, 2004, as defined in the Massachusetts Predatory Home Loan
      Practices Act, effective November 7, 2004 (Mass. Ann. Laws Ch. 183C) or as
      defined in the Indiana Home Loan Practices Act, effective January 1, 2005 (Ind.
      Code Ann. Sections 24-9-1 through 24-9-9). The Depositor and the Trustee on
      behalf of the Trust Fund understand and agree that it is not intended that
      any
      mortgage loan be included in the Trust Fund that is a “High-Cost Home Loan” as
      defined in the New Jersey Home Ownership Act effective November 27, 2003, as
      defined in the New Mexico Home Loan Protection Act effective January 1, 2004,
      as
      defined in the Massachusetts Predatory Home Loan Practices Act, effective
      November 7, 2004 (Mass. Ann. Laws Ch. 183C) or as defined in the Indiana Home
      Loan Practices Act, effective January 1, 2005 (Ind. Code Ann. Sections 24-9-1
      through 24-9-9).

     

    Section
      2.02  Acceptance
      of the Mortgage Loans.

     

    (a)  Based
      on
      the initial trust receipt received by it from the Custodian pursuant to the
      Custodial Agreement, the Trustee acknowledges receipt, subject to the provisions
      of Section 2.01 hereof and Section 2 of the Custodial Agreement, of
      the Mortgage Loan Documents and all other assets included in the definition
      of
“REMIC I” under clauses (i), (ii) (iii), (v) and (vi) (to the extent of amounts
      deposited into the Distribution Account) and declares that it holds (or the
      Custodian on its behalf holds) and will hold such documents and the other
      documents delivered to it constituting a Mortgage Loan Document, and that it
      holds (or the Custodian on its behalf holds) or will hold all such assets and
      such other assets included in the definition of “REMIC I” in trust for the
      exclusive use and benefit of all present and future
      Certificateholders.

     

    (b)  In
      conducting the review of the Mortgage Files in accordance with the Custodial
      Agreement, the Custodian on the Trustee’s behalf will ascertain whether all
      required documents have been executed and received and whether those documents
      relate to the Mortgage Loans identified in Exhibit B to this Agreement, as
      supplemented. If the Custodian finds any document constituting part of the
      Mortgage File not to have been executed or received, or to be unrelated to
      the
      Mortgage Loans identified in Exhibit B, the Sponsor shall correct or cure any
      such defect or, if prior to the end of the second anniversary of the Closing
      Date, the Sponsor may substitute for the related Mortgage Loan a Replacement
      Mortgage Loan, which substitution shall be accomplished in the manner and
      subject to the conditions set forth in Section 2.03 or shall deliver to the
      Trustee an Opinion of Counsel to the effect that such defect does not materially
      or adversely affect the interests of the Certificateholders in such Mortgage
      Loan within sixty (60) days from the date of notice from the Custodian of the
      defect and if the Sponsor fails to correct or cure the defect or deliver such
      opinion within such period, the Sponsor will, subject to Section 2.03,
      within ninety (90) days from the notification of the Custodian purchase such
      Mortgage Loan at the Purchase Price; provided, however, that if such defect
      relates solely to the inability of the Sponsor to deliver the Mortgage,
      assignment thereof to the Custodian, or intervening assignments thereof with
      evidence of recording thereon because such documents have been submitted for
      recording and have not been returned by the applicable jurisdiction, the Sponsor
      shall not be required to purchase such Mortgage Loan if the Sponsor delivers
      such documents promptly upon receipt, but in no event later than 360 days after
      the Closing Date.

     

    (c)  No
      later
      than 180 days after the Closing Date, the Custodian on the Trustee’s behalf will
      review, for the benefit of the Certificateholders, the Mortgage Files and will
      execute and deliver or cause to be executed and delivered to the Sponsor and
      the
      Trustee, a final trust receipt substantially in the form annexed to the
      Custodial Agreement. In conducting such review, the Custodian on the Trustee’s
      behalf and in accordance with the terms of the Custodial Agreement will
      ascertain whether each document required to be recorded has been returned from
      the recording office with evidence of recording thereon and the Custodian on
      the
      Trustee’s behalf has received either an original or a copy thereof, as required
      in the Custodial Agreement. If the Custodian finds that any document with
      respect to a Mortgage Loan has not been received, or is unrelated to the
      Mortgage Loans identified in Exhibit B or appears to be defective on its face,
      the Custodian shall note such defect in the exception report attached the final
      trust receipt issued pursuant to the Custodial Agreement and the Sponsor shall
      correct or cure any such defect or, if prior to the end of the second
      anniversary of the Closing Date, the Sponsor may substitute for the related
      Mortgage Loan a Replacement Mortgage Loan, which substitution shall be
      accomplished in the manner and subject to the conditions set forth in
      Section 2.03 or shall deliver to the Trustee an Opinion of Counsel to the
      effect that such defect does not materially or adversely affect the interests
      of
      Certificateholders in such Mortgage Loan within sixty (60) days from the date
      of
      notice from the Trustee of the defect and if the Sponsor is unable within such
      period to correct or cure such defect, or to substitute the related Mortgage
      Loan with a Replacement Mortgage Loan or to deliver such opinion, the Sponsor
      shall, subject to Section 2.03, within ninety (90) days from the
      notification of the Trustee, purchase such Mortgage Loan at the Purchase Price;
      provided, however, that if such defect relates solely to the inability of the
      Sponsor to deliver the Mortgage, assignment thereof to the Trustee or
      intervening assignments thereof with evidence of recording thereon, because
      such
      documents have not been returned by the applicable jurisdiction, the Sponsor
      shall not be required to purchase such Mortgage Loan, if the Sponsor delivers
      such documents promptly upon receipt, but in no event later than 360 days after
      the Closing Date.

     

    (d)  In
      the
      event that a Mortgage Loan is purchased by the Sponsor in accordance with
      subsections 2.02(a) or (b) above or Section 2.03, the Sponsor shall remit
      the applicable Purchase Price to the Servicer for deposit in the Custodial
      Account and shall provide written notice to the Securities Administrator
      detailing the components of the Purchase Price, signed by an authorized officer.
      Upon receipt of notice of the deposit of the Purchase Price in the Custodial
      Account and upon receipt of a request for release (in the form attached to
      the
      Custodial Agreement) with respect to such Mortgage Loan, the Custodian, on
      behalf of the Trustee, will release to the Sponsor the related Mortgage File
      and
      the Trustee shall execute and deliver all instruments of transfer or assignment,
      without recourse, furnished to it by the Sponsor, as are necessary to vest
      in
      the Sponsor title to and rights under the Mortgage Loan. Such purchase shall
      be
      deemed to have occurred on the date on which the deposit into the Custodial
      Account was made. The Trustee shall promptly notify the Rating Agencies of
      such
      repurchase. The obligation of the Sponsor to cure, repurchase or substitute
      for
      any Mortgage Loan as to which a defect in a constituent document exists shall
      be
      the sole remedies respecting such defect available to the Certificateholders
      or
      to the Trustee on their behalf. The Sponsor shall promptly reimburse the Trustee
      for any expenses incurred by the Trustee in respect of enforcing the remedies
      for such breach.

     

    (e)  The
      Sponsor shall deliver to the Custodian the Mortgage Note and other documents
      constituting the Mortgage File with respect to any Replacement Mortgage Loan,
      which the Custodian will review as provided in the Custodial Agreement,
      provided, that the Closing Date referred to therein shall instead be the date
      of
      delivery of the Mortgage File with respect to each Replacement Mortgage
      Loan.

     

    Section
      2.03  Representations,
      Warranties and Covenants of the Sponsor and the Master Servicer.

     

    (a)  The
      Sponsor hereby represents and warrants to and covenants with, the Depositor,
      the
      Master Servicer, the Securities Administrator and the Trustee as follows, as
      of
      the Closing Date:

     

    (i)  The
      Sponsor is duly organized, validly existing and in good standing under the
      laws
      of the State of Delaware and is duly authorized and qualified to transact any
      and all business contemplated by this Agreement to be conducted by the Sponsor
      in any state in which a Mortgaged Property is located or is otherwise not
      required under applicable law to effect such qualification and, in any event,
      is
      in compliance with the doing business laws of any such state, to the extent
      necessary to ensure its ability to enforce each Mortgage Loan, to sell the
      Mortgage Loans in accordance with the terms of this Agreement and to perform
      any
      of its other obligations under this Agreement in accordance with the terms
      hereof.

     

    (ii)  The
      Sponsor has the full corporate power and authority to sell each Mortgage Loan,
      and to execute, deliver and perform, and to enter into and consummate the
      transactions contemplated by this Agreement and has duly authorized by all
      necessary corporate action on the part of the Sponsor the execution, delivery
      and performance of this Agreement; and this Agreement, assuming the due
      authorization, execution and delivery hereof by the other parties hereto,
      constitutes a legal, valid and binding obligation of the Sponsor, enforceable
      against the Sponsor in accordance with its terms, except that (a) the
      enforceability hereof may be limited by bankruptcy, insolvency, moratorium,
      receivership and other similar laws relating to creditors’ rights generally and
      (b) the remedy of specific performance and injunctive and other forms of
      equitable relief may be subject to equitable defenses and to the discretion
      of
      the court before which any proceeding therefor may be brought and further
      subject to public policy with respect to indemnity and contribution under
      applicable securities law.

     

    (iii)  The
      execution and delivery of this Agreement by the Sponsor, the sale of the
      Mortgage Loans by the Sponsor under this Agreement, the consummation of any
      other of the transactions contemplated by this Agreement, and the fulfillment
      of
      or compliance with the terms hereof are in the ordinary course of business
      of
      the Sponsor and will not (A) result in a material breach of any term or
      provision of the charter or by-laws of the Sponsor or (B) materially conflict
      with, result in a material breach, violation or acceleration of, or result
      in a
      material default under, the terms of any other material agreement or instrument
      to which the Sponsor is a party or by which it may be bound, or (C) constitute
      a
      material violation of any statute, order or regulation applicable to the Sponsor
      of any court, regulatory body, administrative agency or governmental body having
      jurisdiction over the Sponsor; and the Sponsor is not in breach or violation
      of
      any material indenture or other material agreement or instrument, or in
      violation of any statute, order or regulation of any court, regulatory body,
      administrative agency or governmental body having jurisdiction over it which
      breach or violation may materially impair the Sponsor’s ability to perform or
      meet any of its obligations under this Agreement.

     

    (iv)  The
      Sponsor is an approved seller of conventional mortgage loans for Fannie Mae
      or
      Freddie Mac and is a mortgagee approved by the Secretary of Housing and Urban
      Development pursuant to sections 203 and 211 of the National Housing
      Act.

     

    (v)  No
      litigation is pending or, to the best of the Sponsor’s knowledge, threatened,
      against the Sponsor that would materially and adversely affect the execution,
      delivery or enforceability of this Agreement or the ability of the Sponsor
      to
      sell the Mortgage Loans or to perform any of its other obligations under this
      Agreement in accordance with the terms hereof.

     

    (vi)  No
      consent, approval, authorization or order of any court or governmental agency
      or
      body is required for the execution, delivery and performance by the Sponsor
      of,
      or compliance by the Sponsor with, this Agreement or the consummation of the
      transactions contemplated hereby, or if any such consent, approval,
      authorization or order is required, the Sponsor has obtained the
      same.

     

    (vii)  The
      representations and warranties set forth in Section 8 of the Mortgage Loan
      Purchase Agreement are true and correct as of the Closing Date.

     

    (viii)  No
      Mortgage Loan is subject to the Home Ownership and Equity Protection Act of
      1994
      or any comparable law and no Mortgage Loan is classified and/or defined as
      a
“high cost”, “covered”, “high risk home” or “predatory” loan under any other
      state, federal or local law or regulation or ordinance (or a similarly
      classified loan using different terminology under a law imposing heightened
      regulatory scrutiny or additional legal liability for residential mortgage
      loans
      having high interest rates, points and/or fees).

     

    (ix)  No
      loan
      is a High Cost Loan or Covered Loan, as applicable (as such terms are defined
      in
      Appendix E of the Standard & Poor's Glossary For File Format For LEVELS®
Version 5.6 Revised (attached hereto as Exhibit K) and no Mortgage Loan
      originated on or after October 1, 2002 through March 6, 2003 is governed by
      the
      Georgia Fair Lending Act.

     

    (x)  Any
      and
      all requirements of any federal, state or local law including, without
      limitation, usury, truth in lending, real estate settlement procedures, consumer
      credit protection, equal credit opportunity, fair housing, predatory, abusive
      lending or disclosure laws applicable to the origination and servicing of the
      Mortgage Loans have been complied with in all material respects.

     

    (b)  Upon
      discovery by any of the parties hereto of a breach of a representation or
      warranty set forth in Section 2.03(b)(viii), (ix) and (x) and
      Section 8 of the Mortgage Loan Purchase Agreement that materially and
      adversely affects the interests of the Certificateholders in any Mortgage Loan,
      the party discovering such breach shall give prompt written notice thereof
      to
      the other parties. The Sponsor hereby covenants with respect to the
      representations and warranties set forth in Section 2.03(b)(viii), (ix) and
      (x) and Section 8 of the Mortgage Loan Purchase Agreement, that within
      ninety (90) days of the discovery of a breach of any representation or warranty
      set forth therein that materially and adversely affects the interests of the
      Certificateholders in any Mortgage Loan, it shall cure such breach in all
      material respects and, if such breach is not so cured, (i) prior to the second
      anniversary of the Closing Date, remove such Mortgage Loan (a “Deleted Mortgage
      Loan”) from the Trust Fund and substitute in its place a Replacement Mortgage
      Loan, in the manner and subject to the conditions set forth in this Section;
      or
      (ii) repurchase the affected Mortgage Loan or Mortgage Loans from the Trustee
      at
      the Purchase Price in the manner set forth below; provided that any such
      substitution pursuant to (i) above or repurchase pursuant to (ii) above shall
      not be effected prior to the delivery to the Trustee of an Opinion of Counsel
      if
      required by Section 2.05 and any such substitution pursuant to (i) above
      shall not be effected prior to the additional delivery to the Custodian of
      a
      request for release in accordance with the Custodial Agreement. The Sponsor
      shall promptly reimburse the Trustee for any expenses reasonably incurred by
      the
      Trustee in respect of enforcing the remedies for such breach. To enable the
      Servicer to amend the Mortgage Loan Schedule, the Sponsor shall, unless it
      cures
      such breach in a timely fashion pursuant to this Section 2.03, promptly
      notify the Trustee whether it intends either to repurchase, or to substitute
      for, the Mortgage Loan affected by such breach. With respect to the
      representations and warranties in Section 8 of the Mortgage Loan Purchase
      Agreement that are made to the best of the Sponsor’s knowledge, if it is
      discovered by any of the Depositor, the Sponsor or the Trustee that the
      substance of such representation and warranty is inaccurate and such inaccuracy
      materially and adversely affects the value of the related Mortgage Loan,
      notwithstanding the Sponsor’s lack of knowledge with respect to the substance of
      such representation or warranty, the Sponsor shall nevertheless be required
      to
      cure, substitute for or repurchase the affected Mortgage Loan in accordance
      with
      the foregoing. Notwithstanding the foregoing, any breach of a representation
      or
      warranty contained in clauses (xxxvii), (xxxviii), (xxxix), (xl) and/or (xlv)
      of
      Section 8 of the Mortgage Loan Purchase Agreement shall be automatically
      deemed to materially and adversely affect the interests of the
      Certificateholders.

     

    With
      respect to any Replacement Mortgage Loan or Loans, the Sponsor shall deliver
      to
      the Custodian for the benefit of the Certificateholders such documents and
      agreements as are required by Section 2 of the Custodial Agreement. No
      substitution will be made in any calendar month after the Determination Date
      for
      such month. Scheduled Payments due with respect to Replacement Mortgage Loans
      in
      the Due Period related to the Distribution Date on which such proceeds are
      to be
      distributed shall not be part of the Trust Fund and will be retained by the
      Sponsor. For the month of substitution, distributions to Certificateholders
      will
      include the Scheduled Payment due on any Deleted Mortgage Loan for the related
      Due Period and thereafter the Sponsor shall be entitled to retain all amounts
      received in respect of such Deleted Mortgage Loan. The Servicer shall amend
      the
      Mortgage Loan Schedule for the benefit of the Certificateholders to reflect
      the
      removal of such Deleted Mortgage Loan and the substitution of the Replacement
      Mortgage Loan or Loans and shall deliver the amended Mortgage Loan Schedule
      to
      the Trustee, the Master Servicer and the Securities Administrator. Upon such
      substitution, the Replacement Mortgage Loan or Loans shall be subject to the
      terms of this Agreement in all respects, and the Sponsor shall be deemed to
      have
      made with respect to such Replacement Mortgage Loan or Loans, as of the date
      of
      substitution, the representations and warranties set forth in Section 8 of
      the Mortgage Loan Purchase Agreement with respect to such Mortgage Loan. Upon
      any such substitution and receipt of notice of the deposit into the related
      Custodial Account of the amount required to be deposited therein in connection
      with such substitution as described in the following paragraph and receipt
      by
      the Custodian of a request for release for such Mortgage Loan in accordance
      with
      the Custodial Agreement, the Custodian on behalf of the Trustee shall release
      to
      the Sponsor the Mortgage File relating to such Deleted Mortgage Loan and held
      for the benefit of the Certificateholders and the Trustee shall execute and
      deliver at the Sponsor’s direction such instruments of transfer or assignment as
      have been prepared by the Sponsor, in each case without recourse, as shall
      be
      necessary to vest in the Sponsor, or its respective designee, title to the
      Trustee’s interest in any Deleted Mortgage Loan substituted for pursuant to this
      Section 2.03. Neither the Trustee nor the Custodian shall have any further
      responsibility with regard to such Mortgage File.

     

    For
      any
      month in which the Sponsor substitutes one or more Replacement Mortgage Loans
      for a Deleted Mortgage Loan, the Securities Administrator will determine the
      amount (if any) by which the aggregate principal balance of all the Replacement
      Mortgage Loans as of the date of substitution is less than the Stated Principal
      Balance (after application of the principal portion of the Scheduled Payment
      due
      in the month of substitution) of such Deleted Mortgage Loan. An amount equal
      to
      the aggregate of such deficiencies, described in the preceding sentence for
      any
      Distribution Date (such amount, the “Substitution Adjustment Amount”) shall be
      remitted to the Servicer for deposit in the Custodial Account by the Sponsor
      delivering such Replacement Mortgage Loan on or before the Determination Date
      for the Distribution Date relating to the Prepayment Period during which the
      related Mortgage Loan was required to be purchased or replaced
      hereunder.

     

    In
      the
      event that the Sponsor shall be required to repurchase a Mortgage Loan, the
      Purchase Price therefor shall be remitted to the Servicer for deposit in the
      Custodial Account, on or before the Determination Date immediately following
      the
      date on which the Sponsor was required to repurchase such Mortgage Loan. The
      Purchase Price shall be remitted by the Servicer to the Securities Administrator
      on the Remittance Date occurring in the month immediately following the month
      in
      which the Purchase Price was deposited in the related Custodial Account. In
      addition, upon such deposit of the Purchase Price, the delivery of an Officer’s
      Certificate by the Servicer to the Trustee certifying that the Purchase Price
      has been deposited in the Custodial Account, the delivery of an Opinion of
      Counsel if required by Section 2.05 and the receipt of a Request for
      Release, the Trustee shall release the related Mortgage File held for the
      benefit of the related Certificateholders to the Sponsor, and the Trustee shall
      execute and deliver at such Person’s direction the related instruments of
      transfer or assignment prepared by the Sponsor, in each case without recourse,
      as shall be necessary to transfer title from the Trustee for the benefit of
      the
      Certificateholders and transfer the Trustee’s interest to the Sponsor to any
      Mortgage Loan purchased pursuant to this Section 2.03. It is understood and
      agreed that the obligation under this Agreement of the Sponsor to cure,
      repurchase or replace any Mortgage Loan as to which a breach has occurred or
      is
      continuing shall constitute the sole remedies against the Sponsor respecting
      such breach available to each Certificateholder, the Depositor or the
      Trustee.

     

    (c)  The
      Master Servicer hereby represents, warrants and covenants with the Sponsor,
      the
      Depositor and the Trustee as follows, as of the Closing Date:

     

    (i)  The
      Master Servicer is a national banking association duly formed, validly existing
      and in good standing under the laws of the United States of America and is
      duly
      authorized and qualified to transact any and all business contemplated by this
      Agreement to be conducted by the Master Servicer;

     

    (ii)  The
      Master Servicer has the full power and authority to conduct its business as
      presently conducted by it and to execute, deliver and perform, and to enter
      into
      and consummate, all transactions contemplated by this Agreement. The Master
      Servicer has duly authorized the execution, delivery and performance of this
      Agreement, has duly executed and delivered this Agreement, and this Agreement,
      assuming due authorization, execution and delivery by the other parties hereto,
      constitutes a legal, valid and binding obligation of the Master Servicer,
      enforceable against it in accordance with its terms except as the enforceability
      thereof may be limited by bankruptcy, insolvency, reorganization or similar
      laws
      affecting the enforcement of creditors’ rights generally and by general
      principles of equity;

     

    (iii)  The
      execution and delivery of this Agreement by the Master Servicer, the
      consummation by the Master Servicer of any other of the transactions herein
      contemplated, and the fulfillment of or compliance with the terms hereof are
      in
      the ordinary course of business of the Master Servicer and will not (A) result
      in a breach of any term or provision of charter and by-laws of the Master
      Servicer or (B) conflict with, result in a breach, violation or acceleration
      of,
      or result in a default under, the terms of any other material agreement or
      instrument to which the Master Servicer is a party or by which it may be bound,
      or any statute, order or regulation applicable to the Master Servicer of any
      court, regulatory body, administrative agency or governmental body having
      jurisdiction over the Master Servicer; and the Master Servicer is not a party
      to, bound by, or in breach or violation of any indenture or other agreement
      or
      instrument, or subject to or in violation of any statute, order or regulation
      of
      any court, regulatory body, administrative agency or governmental body having
      jurisdiction over it, which materially and adversely affects or, to the Master
      Servicer’s knowledge, would in the future materially and adversely affect, (x)
      the ability of the Master Servicer to perform its obligations under this
      Agreement or (y) the business, operations, financial condition, properties
      or
      assets of the Master Servicer taken as a whole;

     

    (iv)  The
      Master Servicer does not believe, nor does it have any reason or cause to
      believe, that it cannot perform each and every covenant made by it and contained
      in this Agreement;

     

    (v)  No
      litigation is pending against the Master Servicer that would materially and
      adversely affect the execution, delivery or enforceability of this Agreement
      or
      the ability of the Master Servicer to perform any of its other obligations
      hereunder in accordance with the terms hereof,

     

    (vi)  There
      are
      no actions or proceedings against, or investigations known to it of, the Master
      Servicer before any court, administrative or other tribunal (A) that might
      prohibit its entering into this Agreement, (B) seeking to prevent the
      consummation of the transactions contemplated by this Agreement or (C) that
      might prohibit or materially and adversely affect the performance by the Master
      Servicer of its obligations under, or validity or enforceability of, this
      Agreement; and

     

    (vii)  No
      consent, approval, authorization or order of any court or governmental agency
      or
      body is required for the execution, delivery and performance by the Master
      Servicer of, or compliance by the Master Servicer with, this Agreement or the
      consummation by it of the transactions contemplated by this Agreement, except
      for such consents, approvals, authorizations or orders, if any, that have been
      obtained prior to the Closing Date.

     

    (d)  The
      representations and warranties set forth in Section 2.03 shall survive
      delivery of the respective Mortgage Loans and Mortgage Files to the Trustee
      or
      the Custodian for the benefit of the Certificateholders.

     

    Section
      2.04  Representations
      and Warranties of the Depositor.

     

    The
      Depositor hereby represents and warrants to, and covenants, with the Sponsor,
      the Master Servicer, the Securities Administrator and the Trustee as follows,
      as
      of the date hereof and as of the Closing Date:

     

    (i)  The
      Depositor is duly organized and is validly existing as a corporation in good
      standing under the laws of the State of Delaware and has full power and
      authority (corporate and other) necessary to own or hold its properties and
      to
      conduct its business as now conducted by it and to enter into and perform its
      obligations under this Agreement.

     

    (ii)  The
      Depositor has the full corporate power and authority to execute, deliver and
      perform, and to enter into and consummate the transactions contemplated by,
      this
      Agreement and has duly authorized, by all necessary corporate action on its
      part, the execution, delivery and performance of this Agreement; and this
      Agreement, assuming the due authorization, execution and delivery hereof by
      the
      other parties hereto, constitutes a legal, valid and binding obligation of
      the
      Depositor, enforceable against the Depositor in accordance with its terms,
      subject, as to enforceability, to (i) bankruptcy, insolvency, moratorium
      receivership and other similar laws relating to creditors’ rights generally and
      (ii) the remedy of specific performance and injunctive and other forms of
      equitable relief may be subject to equitable defenses and to the discretion
      of
      the court before which any proceeding therefor may be brought and further
      subject to public policy with respect to indemnity and contribution under
      applicable securities law.

     

    (iii)  The
      execution and delivery of this Agreement by the Depositor, the consummation
      of
      the transactions contemplated by this Agreement, and the fulfillment of or
      compliance with the terms hereof are in the ordinary course of business of
      the
      Depositor and will not (A) result in a material breach of any term or provision
      of the charter or by-laws of the Depositor or (B) materially conflict with,
      result in a material breach, violation or acceleration of, or result in a
      material default under, the terms of any other material agreement or instrument
      to which the Depositor is a party or by which it may be bound or (C) constitute
      a material violation of any statute, order or regulation applicable to the
      Depositor of any court, regulatory body, administrative agency or governmental
      body having jurisdiction over the Depositor; and the Depositor is not in breach
      or violation of any material indenture or other material agreement or
      instrument, or in violation of any statute, order or regulation of any court,
      regulatory body, administrative agency or governmental body having jurisdiction
      over it which breach or violation may materially impair the Depositor’s ability
      to perform or meet any of its obligations under this Agreement.

     

    (iv)  No
      litigation is pending, or, to the best of the Depositor’s knowledge, threatened,
      against the Depositor that would materially and adversely affect the execution,
      delivery or enforceability of this Agreement or the ability of the Depositor
      to
      perform its obligations under this Agreement in accordance with the terms
      hereof.

     

    (v)  No
      consent, approval, authorization or order of any court or governmental agency
      or
      body is required for the execution, delivery and performance by the Depositor
      of, or compliance by the Depositor with, this Agreement or the consummation
      of
      the transactions contemplated hereby, or if any such consent, approval,
      authorization or order is required, the Depositor has obtained the
      same.

     

    The
      Depositor hereby represents and warrants to the Trustee as of the Closing Date,
      following the transfer of the Mortgage Loans to it by the Sponsor, the Depositor
      had good title to the Mortgage Loans and the related Mortgage Notes were subject
      to no offsets, claims, defenses or counterclaims.

     

    It
      is
      understood and agreed that the representations and warranties set forth in
      this
      Section 2.04 shall survive delivery of the Mortgage Files to the Trustee or
      the Custodian for the benefit of the Certificateholders. Upon discovery by
      the
      Depositor, the Servicer, the Master Servicer or the Trustee of a breach of
      such
      representations and warranties, the party discovering such breach shall give
      prompt written notice to the others and to each Rating Agency.

     

    Section
      2.05  Delivery
      of Opinion of Counsel in Connection with Substitutions and
      Repurchases.

     

    (a)  Notwithstanding
      any contrary provision of this Agreement, with respect to any Mortgage Loan
      that
      is not in default or as to which default is not imminent, no repurchase or
      substitution pursuant to Sections 2.02 or 2.03 shall be made unless the Sponsor
      delivers to the Trustee an Opinion of Counsel, addressed to the Trustee, to
      the
      effect that such repurchase or substitution would not (i) result in the
      imposition of the tax on “prohibited transactions” of any REMIC executed
      hereunder or contributions after the Closing Date, as defined in sections
      860F(a)(2) and 860G(d) of the Code, respectively or (ii) cause any REMIC to
      fail
      to qualify as a REMIC at any time that any Certificates are outstanding. Any
      Mortgage Loan as to which repurchase or substitution was delayed pursuant to
      this paragraph shall be repurchased or the substitution therefor shall occur
      (subject to compliance with Sections 2.02 or 2.03) upon the earlier of (a)
      the
      occurrence of a default or imminent default with respect to such Mortgage Loan
      and (b) receipt by the Trustee of an Opinion of Counsel to the effect that
      such
      repurchase or substitution, as applicable, will not result in the events
      described in clause (i) or clause (ii) of the preceding sentence.

     

    (b)  Upon
      discovery by the Depositor or the Sponsor that any Mortgage Loan does not
      constitute a “qualified mortgage” within the meaning of section 860G(a)(3) of
      the Code, the party discovering such fact shall promptly (and in any event
      within five (5) Business Days of discovery) give written notice thereof to
      the
      other parties and the Trustee. In connection therewith, the Sponsor, at its
      option, shall either (i) substitute, if the conditions in Section 2.03(c)
      with respect to substitutions are satisfied, a Replacement Mortgage Loan for
      the
      affected Mortgage Loan, or (ii) repurchase the affected Mortgage Loan within
      ninety (90) days of such discovery in the same manner as it would a Mortgage
      Loan for a breach of representation or warranty contained in Section 2.03.
      The Trustee shall reconvey to the Sponsor the Mortgage Loan to be released
      pursuant hereto in the same manner, and on the same terms and conditions, as
      it
      would a Mortgage Loan repurchased for breach of a representation or warranty
      contained in Section 2.03.

     

    Section
      2.06  Issuance
      of the REMIC I Regular Interests.

     

    The
      Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery
      to the Custodian on its behalf of the related Mortgage Files, subject to the
      provisions of Section 2.01 and Section 2.02, together with the assignment to
      it
      of all other assets included in REMIC I, the receipt of which is hereby
      acknowledged. The interests evidenced by the Class R-1 Interest, together with
      the REMIC I Regular Interests, constitute the entire beneficial ownership
      interest in REMIC I. The rights of the Holders of the Class R-1 Interest and
      REMIC I (as holder of the REMIC I Regular Interests) to receive distributions
      from the proceeds of REMIC I in respect of the Class R-1 Interest and the REMIC
      I Regular Interests, respectively, and all ownership interests evidenced or
      constituted by the Class R-1 Interest and the REMIC I Regular Interests, shall
      be as set forth in this Agreement.

     

    Section
      2.07  Conveyance
      of the REMIC I Regular Interests; Issuance and Conveyance of the Class X
      Interest, the Class P Interest, and the Class IO Interest.

     

    The
      Depositor, concurrently with the execution and delivery hereof, does hereby
      transfer, assign, set over and otherwise convey to the Trustee, without recourse
      all the right, title and interest of the Depositor in and to the REMIC I Regular
      Interests for the benefit of the Class R-2 Interest and REMIC II (as holder
      of
      the REMIC I Regular Interests). The Trustee acknowledges receipt of the REMIC
      I
      Regular Interests and declares that it holds and will hold the same in trust
      for
      the exclusive use and benefit of all present and future Holders of the Class
      R-2
      Interest and REMIC II (as holder of the REMIC I Regular Interests). The rights
      of the Holder of the Class R-2 Interest and REMIC II (as holder of the REMIC
      I
      Regular Interests) to receive distributions from the proceeds of REMIC II in
      respect of the Class R-2 Interest and the Regular Certificates (other than
      the
      Class X Certificates and the Class P Certificates), the Class X Interest, the
      Class P Interest and the Class IO Interest, respectively, and all ownership
      interests evidenced or constituted by the Class R-2 Interest and the Regular
      Certificates (other than the Class X Certificates and the Class P Certificates),
      the Class X Interest, the Class P Interest, and the Class IO Interest, shall
      be
      as set forth in this Agreement. The Class R-2 Interest, the Regular Certificates
      (other than the Class X Certificates and the Class P Certificates), the Class
      X
      Interest, the Class P Interest and the Class IO Interest shall constitute the
      entire beneficial ownership interest in REMIC II.

     

    The
      Depositor, concurrently with the execution and delivery hereof, does hereby
      transfer, assign, set over and otherwise convey to the Trustee, without recourse
      all the right, title and interest of the Depositor in and to the Class X
      Interest for the benefit of the Class R-3 Interest and REMIC III (as holder
      of
      the Class X Interest). The Trustee acknowledges receipt of the Class X Interest
      and declares that it holds and will hold the same in trust for the exclusive
      use
      and benefit of all present and future Holders of the Class R-3 Interest and
      REMIC III (as holder of the Class X Interest). The rights of the Holder of
      the
      Class R-3 Interest and REMIC III (as holder of the Class X Interest) to receive
      distributions from the proceeds of REMIC III in respect of the Class R-3
      Interest, the Class X Certificates, and all ownership interests evidenced or
      constituted by the Class R-3 Interest and the Class X Certificates, shall be
      as
      set forth in this Agreement. The Class R-3 Interest and the Class X Certificates
      shall constitute the entire beneficial ownership interest in REMIC
      III.

     

    The
      Depositor, concurrently with the execution and delivery hereof, does hereby
      transfer, assign, set over and otherwise convey to the Trustee, without recourse
      all the right, title and interest of the Depositor in and to the Class P
      Interest for the benefit of the Class R-4 Interest and REMIC IV (as holder
      of
      the Class P Interest). The Trustee acknowledges receipt of the Class P Interest
      and declares that it holds and will hold the same in trust for the exclusive
      use
      and benefit of all present and future Holders of the Class R-4 Interest and
      REMIC IV (as holder of the Class P Interest). The rights of the Holder of the
      Class R-4 Interest and REMIC IV (as holder of the Class P Interest) to receive
      distributions from the proceeds of REMIC IV in respect of the Class R-4
      Interest, the Class P Certificates, and all ownership interests evidenced or
      constituted by the Class R-4 Interest and the Class P Certificates, shall be
      as
      set forth in this Agreement. The Class R-4 Interest and the Class P Certificates
      shall constitute the entire beneficial ownership interest in REMIC
      IV.

     

    The
      Depositor, concurrently with the execution and delivery hereof, does hereby
      transfer, assign, set over and otherwise convey to the Trustee, without recourse
      all the right, title and interest of the Depositor in and to the Class IO
      Interest for the benefit of the Class R-5 Interest and REMIC V (as holder of
      the
      Class IO Interest). The Trustee acknowledges receipt of the Class IO Interest
      and declares that it holds and will hold the same in trust for the exclusive
      use
      and benefit of all present and future Holders of the Class R-5 Interest and
      REMIC V (as holder of the Class IO Interest). The rights of the Holder of the
      Class R-5 Interest and REMIC V (as holder of the Class IO Interest) to receive
      distributions from the proceeds of REMIC V in respect of the Class R-5 Interest,
      the Class IO Certificates, and all ownership interests evidenced or constituted
      by the Class R-5 Interest and the Class IO Certificates, shall be as set forth
      in this Agreement. The Class R-5 Interest and the Class IO Certificates shall
      constitute the entire beneficial ownership interest in REMIC V.

     

    Section
      2.08  Issuance
      of the Class R Certificates and the Class R-X Certificates.

     

    The
      Trustee acknowledges the assignment to it of the REMIC I Regular Interests
      and,
      concurrently therewith and in exchange therefor, pursuant to the written request
      of the Depositor executed by an officer of the Depositor, the Securities
      Administrator has executed, authenticated and delivered to or upon the order
      of
      the Depositor, the Class R Certificates in authorized denominations.

     

    The
      Trustee acknowledged the assignment to it of the Class X Interest, the Class
      P
      Interest and the Class IO Interest and, concurrently therewith and in exchange
      therefor, pursuant to the written request of the Depositor executed by an
      officer of the Depositor, the Securities Administrator has executed,
      authenticated and delivered to or upon the order of the Depositor, the Class
      R-X
      Certificates in authorized denominations.

     

    Section
      2.09  Establishment
      of Trust.

     

    The
      Depositor does hereby establish, pursuant to the further provisions of this
      Agreement and the laws of the State of New York, an express trust to be known,
      for convenience, as “Nomura Asset Acceptance Corporation, Alternative Loan
      Trust, Series 2006-WF1” and does hereby appoint HSBC Bank USA, National
      Association, as Trustee in accordance with the provisions of this
      Agreement.

     

    Section
      2.10  Purpose
      and Powers of the Trust.

     

    The
      purpose of the common law trust, as created hereunder, is to engage in the
      following activities:

     

    (a)  acquire
      and hold the Mortgage Loans and the other assets of the Trust Fund and the
      proceeds therefrom;

     

    (b)  to
      issue
      the Certificates sold to the Depositor in exchange for the Mortgage
      Loans;

     

    (c)  to
      make
      payments on the Certificates;

     

    (d)  to
      engage
      in those activities that are necessary, suitable or convenient to accomplish
      the
      foregoing or are incidental thereto or connected therewith; and

     

    (e)  subject
      to compliance with this Agreement, to engage in such other activities as may
      be
      required in connection with conservation of the Trust Fund and the making of
      distributions to the Certificateholders.

     

    The
      trust
      is hereby authorized to engage in the foregoing activities. The Trustee shall
      not cause the trust to engage in any activity other than in connection with
      the
      foregoing or other than as required or authorized by the terms of this Agreement
      while any Certificate is outstanding, and this Section 2.10 may not be amended,
      without the consent of the Certificateholders evidencing 51% or more of the
      aggregate voting rights of the Certificates.

     

     

     

    ARTICLE
      III

    ADMINISTRATION
      OF THE MORTGAGE LOANS; ACCOUNTS

     

    Section
      3.01  Reserved.

     

    Section
      3.02  Reserved.

     

    Section
      3.03  Reserved.

     

    Section
      3.04  Reserved.

     

    Section
      3.05  Reserved.

     

    Section
      3.06  Reserved.

     

    Section
      3.07  Reserved.

     

    Section
      3.08  Reserved.

     

    Section
      3.09  Reserved.

     

    Section
      3.10  Reserved.

     

    Section
      3.11  Reserved.

     

    Section
      3.12  Reserved.

     

    Section
      3.13  Annual
      Statement as to Compliance.

     

    (a)  The
      Master Servicer and the Securities Administrator shall deliver or otherwise
      make
      available (and shall cause each Servicing Function Participant engaged by it
      to
      deliver) to the Depositor and the Securities Administrator and in the case
      of
      the Master Servicer, to the Trustee on or before March 15 of each year,
      commencing in March 2007, an Officer’s Certificate stating, as to the signer
      thereof, that (A) a review of such party’s activities during the preceding
      calendar year or portion thereof and of such party’s performance under this
      Agreement, or such other applicable agreement in the case of a Servicing
      Function Participant, has been made under such officer’s supervision and (B) to
      the best of such officer’s knowledge, based on such review, such party has
      fulfilled all its obligations under this Agreement, or such other applicable
      agreement in the case of a Servicing Function Participant (other than the Master
      Servicer or the Securities Administrator), in all material respects throughout
      such year or portion thereof, or, if there has been a failure to fulfill any
      such obligation in any material respect, specifying each such failure known
      to
      such officer and the nature and status thereof.

     

    The
      Master Servicer shall enforce the obligation of the Servicer as set forth in
      the
      Servicing Agreement to deliver to the Master Servicer an annual statement of
      compliance within the time frame set forth in, and in such form and substance
      as
      may be required pursuant to, the Servicing Agreement The Master Servicer shall
      include such annual statement of compliance with its own annual statement of
      compliance to be submitted to the Securities Administrator pursuant to this
      Section. For so long as the Trust Fund is subject to Exchange Act reporting
      requirements, failure of the Servicer to timely deliver an annual statement
      of
      compliance pursuant to the Servicing Agreement shall be deemed a Servicer
      Default under the Servicing Agreement, automatically, without notice and without
      any cure period, and the Master Servicer shall notify the Trustee and the
      Trustee may, in addition to whatever rights the Trustee may have under this
      Agreement, the Servicing Agreement and at law or in equity or to damages,
      including injunctive relief and specific performance, terminate all the rights
      and obligations of the Servicer under the Servicing Agreement and in and to
      the
      Mortgage Loans and the proceeds thereof without compensating the Servicer for
      the same. The Trustee shall so terminate the Servicer by delivery of notice
      thereof via first class mail, facsimile or electronic mail. After the Trust
      Fund
      ceases to be subject to Exchange Act reporting requirements, failure of the
      Servicer to perform deliver an annual statement of compliance on or before
      March
      31 of each such year shall be deemed a Servicer Default under the Servicing
      Agreement. The Master Servicer shall notify the Trustee and the Trustee may
      terminate the Servicer by delivery of notice thereof via first class mail,
      facsimile or electronic mail.

     

    (b)  (i)For
      so
      long as the Trust Fund is subject to Exchange Act reporting requirements,
      failure of the Master Servicer to comply timely with this Section 3.13 shall
      be
      deemed a Master Servicer Default, without any cure period, and the Trustee
      may,
      in addition to whatever rights the Trustee may have under this Agreement and
      at
      law or in equity or to damages, including injunctive relief and specific
      performance, terminate all the rights and obligations of the Master Servicer
      under this Agreement and in and to the Mortgage Loans and the proceeds thereof
      without compensating the Master Servicer for the same. The Trustee shall so
      terminate the Master Servicer by delivery of notice thereof via first class
      mail, facsimile or electronic mail. This paragraph shall supersede any other
      provision in this Agreement or any other agreement to the contrary.

     

    (ii) After
      the
      Trust Fund ceases to be subject to Exchange Act reporting requirements, failure
      of the Master Servicer to duly perform its obligations under this Section 3.13
      on or before March 31 of each such year shall be deemed a Master Servicer
      Default as provided for in Section 8.01(a)(x). The Trustee may terminate the
      Master Servicer by delivery of notice thereof via first class mail, facsimile
      or
      electronic mail.

     

    (c)  The
      Master Servicer shall include all annual statements of compliance received
      by it
      from the Servicer with its own annual statement of compliance to be submitted
      to
      the Securities Administrator pursuant to this Section 3.13.

     

    (d)  Copies
      of
      any Master Servicer annual statements of compliance required to be delivered
      hereunder shall be provided to any Certificateholder upon request at the Master
      Servicer’s expense.

     

    (e)  In
      the
      event the Servicer, the Master Servicer, the Securities Administrator or any
      Servicing Function Participant is terminated or resigns pursuant to the terms
      of
      this Agreement or the Servicing Agreement, or any applicable agreement in the
      case of such Servicing Function Participant, as the case may be, such party
      shall provide or cause such Servicing Function Participant to provide an
      Officer’s Certificate pursuant to this Section 3.13 or pursuant to the Servicing
      Agreement with respect to the period of time it was subject to this Agreement,
      the Servicing Agreement or any other applicable agreement, as the case may
      be
      notwithstanding any such termination, assignment or resignation.

     

    Section
      3.14  Assessments
      of Compliance and Attestation Reports.

     

    (a)  By
      March
      15 of
      each
      year, commencing in March 2007,
      the
      Master Servicer and the Securities Administrator, each at its own expense and
      pursuant to Item 1122(a) of Regulation AB, shall furnish or otherwise make
      available, and shall cause any Servicing Function Participant engaged by it
      to
      furnish, which in each case shall not be an expense of the Trust Fund, to the
      Securities Administrator and the Depositor, a report on an assessment of
      compliance with the Relevant Servicing Criteria that contains (A) a statement
      by
      such party of its responsibility for assessing compliance with the Relevant
      Servicing Criteria, (B) a statement that such party used the Relevant Servicing
      Criteria to assess compliance with the Relevant Servicing Criteria, (C) such
      party’s assessment of compliance with the Relevant Servicing Criteria for the
      period consisting of the prior calendar year, including, if there has been
      any
      material instance of noncompliance with the Relevant Servicing Criteria, a
      discussion of each such failure and the nature and status thereof, and (D)
      a
      statement that a registered public accounting firm has issued an attestation
      report on such party’s assessment of compliance with the Relevant Servicing
      Criteria for the period consisting of the prior calendar year.

     

    (b)  No
      later
      than February 1 of each year, commencing in February 2007, the Master Servicer
      shall forward to the Securities Administrator and the Depositor the name of
      each
      Servicing Function Participant engaged by it and what Relevant Servicing
      Criteria will be addressed in the report on assessment of compliance prepared
      by
      such Servicing Function Participant; provided, however, that the Master Servicer
      need not provide such information to the Securities Administrator so long as
      the
      Master Servicer and the Securities Administrator are the same entity. When
      the
      Master Servicer (or any Servicing Function Participant engaged by them) submits
      its assessments to the Securities Administrator, such party will also at such
      time include the assessment (and attestation pursuant to paragraph (c) below)
      of
      each Servicing Function Participant engaged by it. 

     

    Promptly
      after receipt of each such report on assessment of compliance pursuant to this
      Agreement and the Servicing Agreement, (i) the Depositor shall review each
      such
      report and, if applicable, consult with the Servicer, the Master Servicer,
      the
      Securities Administrator and any Servicing Function Participant engaged by
      such
      parties as to the nature of any material instance of noncompliance with the
      Relevant Servicing Criteria by each such party, and (ii) the Securities
      Administrator shall confirm that the assessments, taken as a whole, address
      all
      of the Servicing Criteria and taken individually address the Relevant Servicing
      Criteria for each party as set forth on Exhibit L and on any similar exhibit
      set
      forth in the Servicing Agreement in respect of the Servicer and notify the
      Depositor of any exceptions.

     

    In
      the
      event the Master Servicer, Securities Administrator or any Servicing Function
      Participant is terminated, assigns its rights and obligations under or resigns
      pursuant to the terms of this Agreement, or any other applicable agreement,
      as
      the case may be, such party shall provide, or cause a Servicing Function
      Participant engaged by it to provide, a report on assessment of compliance
      pursuant to this Section 3.14 with respect to the period of time it was subject
      to this Agreement or any other applicable agreement, as the case may be,
      notwithstanding any such termination, assignment or resignation.

     

    The
      Master Servicer shall include all annual reports on assessment of compliance
      received by it from each Servicer with its own assessment of compliance to
      be
      submitted to the Securities Administrator pursuant to this Section.

     

    (c)  By
      March
      15 of each year, commencing in March 2007, the Master Servicer and the
      Securities Administrator, each at its own expense, shall cause, and shall cause
      any Servicing Function Participant engaged by such party to cause, which in
      each
      case shall not be an expense of the trust, a registered public accounting firm
      (which may also render other services to such Servicing Function Participants)
      and that is a member of the American Institute of Certified Public Accountants
      to furnish an attestation report to the Master Servicer and Securities
      Administrator to the effect that (i) it has obtained a representation regarding
      certain matters from the management of such party, which includes an assertion
      that such party has complied with the Relevant Servicing Criteria, and (ii)
      on
      the basis of an examination conducted by such firm in accordance with standards
      for attestation engagements issued or adopted by the PCAOB, it is expressing
      an
      opinion as to whether such party’s compliance with the Relevant Servicing
      Criteria was fairly stated in all material respects, or it cannot express an
      overall opinion regarding such party’s assessment of compliance with the
      Relevant Servicing Criteria. In the event that an overall opinion cannot be
      expressed, such registered public accounting firm shall state in such report
      why
      it was unable to express such an opinion. Such report must be available for
      general use and not contain restricted use language.

     

    Promptly
      after receipt of each such report on assessment of compliance and attestation
      report from a Servicing Function Participant, the Securities Administrator
      shall
      confirm that each assessment submitted pursuant to paragraph (a) above is
      coupled with an attestation meeting the requirements of this Section and notify
      the Depositor of any exceptions. 

     

    In
      the
      event the Master Servicer, Securities Administrator or any Servicing Function
      Participant is terminated, assigns its rights and obligations under or resigns
      pursuant to the terms of this Agreement, or any other applicable agreement,
      as
      the case may be, such party shall cause a registered public accounting firm
      to
      provide an attestation pursuant to this Section 3.14 or such other agreement
      with respect to the period of time it was subject to this Agreement or such
      other agreement, as the case may be, notwithstanding any such termination,
      assignment or resignation.

     

    Section
      3.15  Reserved.

     

    Section
      3.16  The
      Trustee.

     

    The
      Trustee shall furnish the Servicer with any powers of attorney and other
      documents prepared and submitted by the Servicer to the Trustee in a form as
      mutually agreed upon and necessary or appropriate to enable the Servicer to
      service and administer the Mortgage Loans and REO Properties.

     

    The
      Trustee shall provide access to the records and documentation in possession
      of
      the Trustee regarding the related Mortgage Loans and REO Property and the
      servicing thereof to the Certificateholders, the FDIC, and the supervisory
      agents and examiners of the FDIC, such access being afforded only upon
      reasonable prior written request and during normal business hours at the office
      of the Trustee; provided, however, that, unless otherwise required by law,
      the
      Trustee shall not be required to provide access to such records and
      documentation if the provision thereof would violate the legal right to privacy
      of any Mortgagor. The Trustee shall allow representatives of the above entities
      to photocopy any of the records and documentation and shall provide equipment
      for that purpose at a charge that covers the Trustee’s actual
      costs.

     

    The
      Trustee shall execute and deliver as directed in writing by the Servicer any
      court pleadings, requests for trustee’s sale or other documents necessary or
      desirable to (i) the foreclosure or trustee’s sale with respect to a Mortgaged
      Property; (ii) any legal action brought to obtain judgment against any Mortgagor
      on the Mortgage Note; (iii) obtain a deficiency judgment against the Mortgagor;
      or (iv) enforce any other rights or remedies provided by the Mortgage Note or
      otherwise available at law or equity.

     

    Section
      3.17  REMIC-Related
      Covenants.

     

    For
      as
      long as each REMIC shall exist, the Trustee and the Securities Administrator
      shall act in accordance herewith to treat each REMIC as a REMIC, and the Trustee
      and the Securities Administrator shall comply with any directions of the
      Sponsor, the Servicer or the Master Servicer with respect to such treatment.
      In
      particular, the Trustee shall not (a) knowingly sell or permit the sale of
      all
      or any portion of the Mortgage Loans or of any investment of deposits in an
      Account unless such sale is as a result of a repurchase of the Mortgage Loans
      pursuant to this Agreement or the Trustee has received a REMIC Opinion prepared
      at the expense of the Trust Fund; and (b) other than with respect to a
      substitution pursuant to the Mortgage Loan Purchase Agreement or
      Section 2.04 of this Agreement, as applicable, accept any contribution to
      any REMIC after the Startup Day without receipt of a REMIC Opinion.

     

    Section
      3.18  Annual
      Sarbanes-Oxley Certification; Additional Information.

     

    The
      Master Servicer and the Securities Administrator shall and shall cause any
      Servicing Function Participant engaged by such party to, provide to the
      Certifying Person, by March 15 of each year in which the Trust Fund is subject
      to the reporting requirements of the Exchange Act and otherwise within a
      reasonable period of time upon request, a certification (each, a “Back-Up
      Certification”),
      in
      the form attached hereto as Exhibit
      M,
      upon
      which the Certifying Person, the entity for which the Certifying Person acts
      as
      an officer, and such entity’s officers, directors and Affiliates (collectively
      with the Certifying Person, “Certification
      Parties”)
      can
      reasonably rely. The senior officer of the Master Servicer in charge of the
      master servicing function shall prepare a Sarbanes-Oxley Certification and
      sign
      the same on behalf of the Trust Fund serving as the “Certifying Person”. Such
      officer of the Certifying Person can be contacted by e-mail at cts.sec.notifications@wellsfargo.com
      or by
      facsimile at (410) 715-2380. In the event the Servicer, the Master Servicer
      or
      the Securities Administrator, or any Servicing Function Participant engaged
      by
      such party, is terminated or resigns pursuant to the terms of this Agreement,
      or
      any other applicable agreement, as the case may be, such party shall provide
      a
      Back-Up Certification to the Certifying Person pursuant to this Section 3.18
      with respect to the period of time it was subject to this Agreement or any
      other
      applicable agreement, as the case may be.

     

    Notwithstanding
      the foregoing, (i) the Master Servicer and the Securities Administrator shall
      not be required to deliver a Back-Up Certification to each other if each is
      the
      same Person and the Master Servicer is the Certifying Person and (ii) the Master
      Servicer shall not be obligated to execute any Sarbanes-Oxley Certification
      in
      the event that it does not receive a Back-Up Certification from any party
      required to deliver such Back-Up Certification pursuant to this Section or
      the
      Custodial Agreement; provided, however, in the event the Master Servicer shall
      not be required to execute a Sarbanes-Oxley Certification pursuant to clause
      (ii), the Master Servicer shall prepare such Sarbanes-Oxley Certification and
      deliver it to the Depositor for execution.

     

    Section
      3.19  Release
      of Mortgage Files.

     

    (a)  Upon
      becoming aware of the payment in full of any Mortgage Loan, or the receipt
      by
      the Servicer of a notification that payment in full has been escrowed in a
      manner customary for such purposes for payment to Certificateholders on the
      next
      Distribution Date, the Servicer will (or if the Servicer does not, the Master
      Servicer may) promptly furnish to the Trustee if required by the Servicing
      Agreement and the Custodian, on behalf of the Trustee, two copies of a request
      for release substantially in the form attached to the Custodial Agreement signed
      by an Authorized Servicer Representative or in a mutually agreeable electronic
      format which will, in lieu of a signature on its face, originate from an
      Authorized Servicer Representative (which certification shall include a
      statement to the effect that all amounts received in connection with such
      payment that are required to be deposited in the Custodial Account pursuant
      to
      the Servicing Agreement have been or will be so deposited) and shall request
      that the Custodian, on behalf of the Trustee, deliver to the Servicer the
      related Mortgage File. Within five (5) Business Days of receipt of such
      certification and request, the Custodian, on behalf of the Trustee, shall
      release the related Mortgage File to the Servicer and the Trustee and the
      Custodian shall have no further responsibility with regard to such Mortgage
      File. Upon any such payment in full, the Servicer is authorized, to give, as
      agent for the Trustee, as the mortgagee under the Mortgage that secured the
      related Mortgage Loan, an instrument of satisfaction (or assignment of mortgage
      without recourse) regarding the Mortgaged Property subject to the Mortgage,
      which instrument of satisfaction or assignment, as the case may be, shall be
      delivered to the Person or Persons entitled thereto against receipt therefor
      of
      such payment, it being understood and agreed that no expenses incurred in
      connection with such instrument of satisfaction or assignment, as the case
      may
      be, shall be chargeable to the Custodial Account.

     

    (b)  From
      time
      to time and as appropriate for the servicing or foreclosure of any Mortgage
      Loan
      and in accordance with this Agreement, the Trustee shall execute such documents
      as shall be prepared and furnished to the Trustee by the Servicer (in form
      reasonably acceptable to the Trustee) and as are necessary to the prosecution
      of
      any such proceedings. The Custodian, on behalf of the Trustee, shall, upon
      the
      written request of the Servicer, and delivery to the Custodian, on behalf of
      the
      Trustee, of two copies of a request for release signed by an Authorized Servicer
      Representative substantially in the form attached to the Custodial Agreement
      (or
      in a mutually agreeable electronic format which will, in lieu of a signature
      on
      its face, originate from an Authorized Servicer Representative), release the
      related Mortgage File held in its possession or control to the Servicer. Such
      request for release shall obligate the Servicer to return the Mortgage File
      to
      the Custodian on behalf of the Trustee, when the need therefor by such Person
      no
      longer exists unless the Mortgage Loan shall be liquidated, in which case,
      upon
      receipt of a certificate of an Authorized Servicer Representative similar to
      that hereinabove specified, the Mortgage File shall be released by the
      Custodian, on behalf of the Trustee, to the Servicer.

     

    Section
      3.20  Reserved.

     

    Section
      3.21  Reserved.

     

    Section
      3.22  Reserved.

     

    Section
      3.23  Reserved.

     

    Section
      3.24  Optional
      Purchase of Defaulted Mortgage Loans.

     

    With
      respect to any Mortgage Loan which is delinquent in payment by ninety-one (91)
      days or more or is an REO Property, the Sponsor shall have the right to purchase
      such Mortgage Loan or REO Property from the Trust Fund at a price equal to
      the
      Purchase Price. The Purchase Price shall be remitted to the Servicer for deposit
      in the Custodial Account and remitted by the Servicer to the Securities
      Administrator on the Servicer Remittance Date in the month immediately following
      the month in which the Purchase Price was deposited in the Custodial
      Account.

     

    In
      addition, the Sponsor shall, at its option, purchase any Mortgage Loan from
      the
      Trust if the first or second Due Date for such Mortgage Loan is subsequent
      to
      the Cut-off Date and the first or second Monthly Payment is not made within
      thirty (30) days of such Due Date. Such purchase shall only be made if such
      Monthly Payments have not been received as of the date of purchase and such
      purchase shall be made at a price equal to the Purchase Price.

     

    If
      at any
      time the Sponsor remits to the Servicer a payment for deposit in the Custodial
      Account covering the amount of the Purchase Price for such a Mortgage Loan
      and
      the Servicer delivers an Officer’s Certificate to the Trustee certifying that
      the Purchase Price has been deposited in the Custodial Account (which shall
      be
      delivered no more than two Business Days following such deposit), the Trustee
      shall execute the assignment of such Mortgage Loan at the request of the Sponsor
      without recourse to the Sponsor which shall succeed to all the Trustee’s, right,
      title and interest in and to such Mortgage Loan, and all security and documents
      relative thereto. Such assignment shall be an assignment outright and not for
      security. The Sponsor will thereupon own such Mortgage, and all such security
      and documents, free of any further obligation to the Trustee or the
      Certificateholders with respect thereto. The Sponsor shall be responsible for
      any transfer costs incurred with respect to a Mortgage Loan purchased pursuant
      to this Section 3.24.

     

    If
      the
      Sponsor is required to repurchase a Mortgage Loan pursuant to this Section
      3.24,
      the Servicer shall continue to service such Mortgage Loan unless the Sponsor
      shall repurchase the servicing rights thereon on terms mutually agreed to by
      the
      Sponsor and the Servicer. Notwithstanding the foregoing, the Master Servicer
      shall have no obligation to master service any Mortgage Loan that has been
      so
      repurchased.

     

    Section
      3.25  Obligations
      of the Servicer Under Credit Risk Management Agreement.

     

    Notwithstanding
      anything in this Agreement or the Credit Risk Management Agreements to the
      contrary, the Trustee shall not have any duty or obligation to enforce any
      Credit Risk Management Agreement or to supervise, monitor or oversee the
      activities of the Credit Risk Manager or the Servicer under the Credit Risk
      Management Agreements or this Agreement with respect to any action taken or
      not
      taken by the Servicer pursuant to a recommendation of the Credit Risk Manager
      or
      otherwise in connection with obligations of the Servicer under the related
      Credit Risk Management Agreement.

     

    Section
      3.26  Reserved.

     

    Section
      3.27  Reserved.

     

    Section
      3.28  Reserved.

     

    Section
      3.29  Reserved.

     

    
      Section
        3.30  Reserved.

       

    

    Section
      3.31  Distribution
      Account.

     

    (a)  The
      Securities Administrator shall establish and maintain for the benefit of the
      Certificateholders a Distribution Account as a segregated non-interest bearing
      trust account or accounts. The Securities Administrator will deposit in the
      Distribution Account as identified by the Securities Administrator and as
      received by the Securities Administrator, the following amounts:

     

    (i)  All
      payments and recoveries in respect of principal on the Mortgage Loans,
      including, without limitation, Principal Prepayments, Subsequent Recoveries,
      Liquidation Proceeds, Insurance Proceeds, condemnation proceeds, all payments
      of
      claims under the PMI Policy and all payments and recoveries in respect of
      interest on the related Mortgage Loans withdrawn by the Servicer from the
      Custodial Account and remitted by Servicer to the Securities
      Administrator;

     

    (ii)  Any
      Advance and any Compensating Interest Payments;

     

    (iii)  Any
      Prepayment Charges collected by the Servicer in connection with the Principal
      Prepayment of any of the Mortgage Loans (including any Servicer Prepayment
      Charge Payment Amounts);

     

    (iv)  Any
      Insurance Proceeds or Liquidation Proceeds received by or on behalf of the
      Securities Administrator or which were not deposited in the Custodial
      Account;

     

    (v)  The
      Purchase Price with respect to any related Mortgage Loans purchased by the
      Sponsor or Section 2.02 or 2.03, any amounts which are to be treated
      pursuant to Section 2.04 of this Agreement as the payment of such a
      Purchase Price, the Purchase Price with respect to any related Mortgage Loans
      purchased by the Sponsor pursuant to Section 3.24, and all proceeds of any
      related Mortgage Loans or property acquired with respect thereto repurchased
      by
      the Master Servicer pursuant to Section 10.01;

     

    (vi)  Any
      amounts required to be deposited with respect to losses on investments of
      deposits in an Account; and

     

    (vii)  Any
      other
      amounts received by or on behalf of the Securities Administrator and required
      to
      be deposited in the Distribution Account pursuant to this
      Agreement.

     

    (b)  All
      amounts deposited to the Distribution Account shall be held by the Securities
      Administrator in the name of the Trustee in trust for the benefit of the related
      Certificateholders in accordance with the terms and provisions of this
      Agreement. The requirements for crediting the Distribution Account shall be
      exclusive, it being understood and agreed that, without limiting the generality
      of the foregoing, payments in the nature of late payment charges or assumption,
      tax service, statement account or payoff, substitution, satisfaction, release
      and other like fees and charges, need not be credited by the Securities
      Administrator to the Distribution Account.

     

    (c)  The
      amount at any time credited to the Distribution Account may be invested by
      the
      Securities Administrator in Permitted Investments that mature no later than
      the
      Business Day prior to the next succeeding Distribution Date as directed by
      the
      Master Servicer, unless the investment is managed by the Securities
      Administrator or an affiliate of the Securities Administrator, in which case
      such Permitted Investments may mature on the Distribution Date. All such
      investment income shall be for the benefit of the Master Servicer, and any
      losses incurred shall be deposited by the Master Servicer in the Distribution
      Account immediately as realized.

     

    Section
      3.32  Permitted
      Withdrawals and Transfers from the Distribution Account.

     

    (a)  The
      Securities Administrator will from time to time make or cause to be made such
      withdrawals or transfers from the Distribution Account pursuant to this
      Agreement for the following purposes:

     

    (i)  to
      pay to
      the Trustee any expenses recoverable by the Trustee pursuant to this
      Agreement.

     

    (ii)  to
      reimburse the Master Servicer as Successor Servicer or the Servicer for any
      Advance or Servicing Advance of its own funds, the right of the Master Servicer
      as Successor Servicer or the Servicer to reimbursement pursuant to this
      subclause (ii) being limited to amounts received on a particular Mortgage Loan
      (including, for this purpose, the Purchase Price therefor, Insurance Proceeds,
      Liquidation Proceeds and condemnation proceeds) which represent late payments
      or
      recoveries of the principal of or interest on such Mortgage Loan respecting
      which such Advance or Servicing Advance was made;

     

    (iii)  to
      reimburse the Master Servicer or the Servicer from Insurance Proceeds or
      Liquidation Proceeds relating to a particular Mortgage Loan for amounts expended
      by the Master Servicer as Successor Servicer or the Servicer in good faith
      in
      connection with the restoration of the related Mortgaged Property which was
      damaged by an uninsured cause or in connection with the liquidation of such
      Mortgage Loan;

     

    (iv)  to
      reimburse the Master Servicer as Successor Servicer or the Servicer from
      Insurance Proceeds relating to a particular Mortgage Loan for insured expenses
      incurred with respect to such Mortgage Loan and to reimburse the Master Servicer
      as Successor Servicer or the Servicer from Liquidation Proceeds from a
      particular Mortgage Loan for Liquidation Expenses incurred with respect to
      such
      Mortgage Loan;

     

    (v)  to
      reimburse the Master Servicer as Successor Servicer or the Servicer for advances
      of funds pursuant to this Agreement, and the right to reimbursement pursuant
      to
      this subclause being limited to amounts received on the related Mortgage Loan
      (including, for this purpose, the Purchase Price therefor, Insurance Proceeds,
      Liquidation Proceeds and condemnation proceeds) which represent late recoveries
      of the payments for which such advances were made;

     

    (vi)  to
      reimburse the Master Servicer as Successor Servicer or the Servicer for any
      Advance or advance, after a Realized Loss has been allocated with respect to
      the
      related Mortgage Loan if the Advance or advance has not been reimbursed pursuant
      to clauses (ii) and (v);

     

    (vii)  to
      pay
      the PMI Insurer Fee to the PMI Insurer and to pay the Credit Risk Management
      Fee
      to the Credit Risk Manager; provided, however, that upon the termination of
      the
      Credit Risk Manager pursuant to Section 3.33 hereof, the amount of the
      Credit Risk Management Fee (or any portion thereof) previously payable to the
      Credit Risk Manager as described herein shall be paid to the
      Sponsor;

     

    (viii)  to
      reimburse the Trustee or the Securities Administrator for expenses, costs and
      liabilities incurred by and reimbursable to it pursuant to this Agreement
      (including the expenses of the Securities Administrator in connection with
      a tax
      audit in connection with the performance of its obligations pursuant to
      Section 9.13);

     

    (ix)  to
      pay to
      the Trust Fund, as additional servicing compensation, any Excess Liquidation
      Proceeds to the extent not retained by the Servicer;

     

    (x)  to
      reimburse or pay the Servicer any such amounts as are due thereto under this
      Agreement and have not been retained by or paid to the Servicer, to the extent
      provided herein or therein;

     

    (xi)  to
      reimburse the Trustee for expenses incurred in the transfer of servicing
      responsibilities of the terminated Servicer after the occurrence and continuance
      of a Servicer Default to the extent not paid by the terminated
      Servicer;

     

    (xii)  to
      reimburse the Master Servicer for any costs and expenses reimbursable to the
      Master Servicer pursuant to this Agreement;

     

    (xiii)  to
      reimburse the Custodian for expenses, costs and liabilities incurred or
      reimbursable to it pursuant to this Agreement or the Custodial
      Agreement;

     

    (xiv)  to
      remove
      amounts deposited in error; and

     

    (xv)  to
      clear
      and terminate the Distribution Account pursuant to
      Section 10.01.

     

    (b)  The
      Securities Administrator shall keep and maintain separate accounting, on a
      Mortgage Loan by Mortgage Loan basis, for the purpose of accounting for any
      reimbursement from the Distribution Account pursuant to subclauses (ii) through
      (v), inclusive, and (vii) or with respect to any such amounts which would have
      been covered by such subclauses had the amounts not been retained by the
      Securities Administrator without being deposited in the Distribution Account
      under Section 3.31.

     

    (c)  On
      each
      Distribution Date, the Securities Administrator shall distribute the Available
      Distribution Amount, to the extent of funds on deposit in the Distribution
      Account after taking into account permitted withdrawals therefrom pursuant
      to
      clause (a) above, to the holders of the Certificates in accordance with
      Section 5.04.

     

    Section
      3.33  Duties
      of the Credit Risk Manager; Termination.

     

    (a)  The
      Depositor appoints Portfolio Surveillance Analytics, LLC, a wholly owned
      subsidiary of InformationLogix, Inc. as Credit Risk Manager. For and on behalf
      of the Depositor, the Credit Risk Manager will provide reports and
      recommendations concerning the Mortgage Loans that are past due, as to which
      there has been commencement of foreclosure, as to which there has been
      forbearance in exercise of remedies which are in default, as to which a
      Mortgagor is the subject of bankruptcy, receivership, or an arrangement of
      creditors, or as to which have become REO Properties. Such reports and
      recommendations will be based upon information provided to the Credit Risk
      Manager pursuant to the related Credit Risk Management Agreement and the Credit
      Risk Manager shall look solely to the Servicer and/or Master Servicer for all
      information and data (including loss and delinquency information and data)
      and
      loan level information and data relating to the servicing of the related
      Mortgage Loans. If the Credit Risk Manager is no longer able to perform its
      duties hereunder, the Credit Risk Manager may be terminated by the Depositor
      at
      the direction of Certificateholders evidencing not less than 66 2/3% of the
      Voting Rights. The Depositor may, at its option, cause the appointment of a
      successor Credit Risk Manager. Upon any termination of the Credit Risk Manager
      or the appointment of a successor Credit Risk Manager, the Depositor shall
      give
      written notice thereof to the Servicer, the Trustee, each Rating Agency and
      the
      Credit Risk Manager. Notwithstanding the foregoing, the termination of the
      Credit Risk Manager pursuant to Section 3.33(b) shall not become effective
      until the appointment of a successor Credit Risk Manager. The Trustee is hereby
      authorized to enter into any Credit Risk Management Agreement necessary to
      effect the foregoing.

     

    (b)  Within
      six months of the Closing Date, the Sponsor may, at its option, terminate the
      Credit Risk Manager if, in its reasonable judgment, (i) the value of the
      servicing rights with respect to the Mortgage Loans is adversely affected as
      a
      result of the presence of the Credit Risk Manager or (ii) the presence of the
      Credit Risk Manager impairs the ability of the Sponsor to transfer the servicing
      rights with respect to the Mortgage Loans as permitted by this Agreement. Upon
      the termination of the Credit Risk Manager, the Sponsor may, at its option,
      cause the Depositor to appoint a successor Credit Risk Manager. Notice of such
      termination shall be provided by the Sponsor to the Rating Agencies, the
      Trustee, the Securities Administrator, the Depositor, the Servicer and the
      Credit Risk Manager. Upon the appointment of a successor Credit Risk Manager,
      the Depositor shall provide written notice thereof to each Rating Agency, the
      Trustee, the Servicer, the Securities Administrator and the Credit Risk
      Manager.

     

    If
      the
      Credit Risk Manager is terminated pursuant to this Section 3.33(b), the
      Credit Risk Manager shall only be entitled to a fee equal to 0.0050% with
      respect to each Mortgage Loan for the one year period following such
      termination. After the expiration of such one year period, the Credit Risk
      Manager shall not be entitled to the Credit Risk Management Fee or any portion
      thereof with respect to any Mortgage Loan. The excess of the Credit Risk
      Management Fee with respect to each Mortgage Loan over the amount payable to
      the
      Credit Risk Manager as described in this paragraph shall be paid to the Sponsor
      pursuant to Section 5.04(a).

     

    Section
      3.34  Limitation
      Upon Liability of the Credit Risk Manager.

     

    Neither
      the Credit Risk Manager, nor any of the directors, officers, employees or agents
      of the Credit Risk Manager, shall be under any liability to the Servicer, the
      Master Servicer, the Securities Administrator, the Trustee, the
      Certificateholders or the Depositor for any action taken or for refraining
      from
      the taking of any action in good faith pursuant to this Agreement, in reliance
      upon information provided by the Servicer and/or Master Servicer under the
      related Credit Risk Management Agreement or of errors in judgment; provided,
      however, that this provision shall not protect the Credit Risk Manager or any
      such person against liability that would otherwise be imposed by reason of
      willful malfeasance, bad faith or gross negligence in its performance of its
      duties under this Agreement or the applicable Credit Risk Management Agreement.
      The Credit Risk Manager and any director, officer, employee or agent of the
      Credit Risk Manager may rely in good faith on any document of any kind prima
      facie properly executed and submitted by any Person respecting any matters
      arising hereunder, and may rely in good faith upon the accuracy of information
      furnished by the Servicer and/or Master Servicer pursuant to the related Credit
      Risk Management Agreement in the performance of its duties thereunder and
      hereunder.

     

     

     

    ARTICLE
      IV

    ADMINISTRATION
      AND MASTER SERVICING OF THE MORTGAGE LOANS

     

    Section
      4.01  The
      Master Servicer. 

     

    The
      Master Servicer shall supervise, monitor and oversee the obligation of the
      Servicer to
      service and administer the Mortgage Loans in accordance with the terms of the
      Servicing Agreement and shall have full power and authority to do any and all
      things which it may deem necessary or desirable in connection with such master
      servicing and administration. In performing its obligations hereunder, the
      Master Servicer shall act in a manner consistent with Accepted Master Servicing
      Practices. Furthermore, the Master Servicer shall oversee and consult with
      the
      Servicer as necessary from time-to-time to carry out the Master Servicer’s
      obligations hereunder, shall receive, review and evaluate all reports,
      information and other data provided to the Master Servicer by the Servicer
      and
      shall cause the Servicer to perform and observe the covenants, obligations
      and
      conditions to be performed or observed by the Servicer under the Servicing
      Agreement. The Master Servicer shall independently and separately monitor the
      servicing activities of the Servicer with respect to each Mortgage Loan,
      reconcile the results of such monitoring with such information provided in
      the
      previous sentence on a monthly basis and coordinate corrective adjustments
      to
      the Servicer’s and Master Servicer’s records, and based on such reconciled and
      corrected information, provide such information relating to the Mortgage Loans
      to the Securities Administrator as shall be necessary to enable it to prepare
      the statements specified in Section 5.06 and any other information and
      statements required to be provided by the Securities Administrator hereunder.
      The Master Servicer shall reconcile the results of its Mortgage Loan monitoring
      with the actual remittances of the Servicer to the Distribution
      Account.

     

    Notwithstanding
      anything in this Agreement to the contrary, the Master Servicer shall not have
      any duty or obligation to enforce any Credit Risk Management Agreement that
      the
      Servicer is a party to (the “Servicer Credit Risk Management Agreement”) or to
      supervise, monitor or oversee the activities of the Credit Risk Manager under
      the Servicer Credit Risk Management Agreement with respect to any action taken
      or not taken by the Servicer pursuant to a recommendation of the Credit Risk
      Manager.

     

    The
      Trustee shall furnish the Servicer and the Master Servicer with any limited
      powers of attorney and other documents in form acceptable to the Trustee
      necessary or appropriate to enable the Servicer and the Master Servicer to
      service or master service and administer the Mortgage Loans and REO Property.
      The Trustee shall have no responsibility for any action of the Master Servicer
      or the Servicer pursuant to any such limited power of attorney and shall be
      indemnified by the Master Servicer or the Servicer for any cost, liability
      or
      expense arising from the misuse thereof by the Master Servicer or the
      Servicer.

     

    The
      Trustee, the Custodian and the Securities Administrator shall provide access
      to
      the records and documentation in possession of the Trustee, the Custodian or
      the
      Securities Administrator regarding the Mortgage Loans and REO Property and
      the
      servicing thereof to the Certificateholders, the FDIC, and the supervisory
      agents and examiners of the FDIC, such access being afforded only upon
      reasonable prior written request and during normal business hours at the office
      of the Trustee, the Custodian or the Securities Administrator; provided,
      however, that, unless otherwise required by law, none of the Trustee, the
      Custodian or the Securities Administrator shall be required to provide access
      to
      such records and documentation if the provision thereof would violate the legal
      right to privacy of any Mortgagor. The Trustee, the Custodian and the Securities
      Administrator shall allow representatives of the above entities to photocopy
      any
      of the records and documentation and shall provide equipment for that purpose
      at
      a charge that covers the Trustee’s, the Custodian’s or the Securities
      Administrator’s actual costs.

     

    The
      Trustee shall execute and deliver to the Servicer or the Master Servicer upon
      request any court pleadings, requests for trustee’s sale or other documents
      necessary or desirable and, in each case, provided to the Trustee by the
      Servicer or the Master Servicer to (i) the foreclosure or trustee’s sale with
      respect to a Mortgaged Property; (ii) any legal action brought to obtain
      judgment against any Mortgagor on the Mortgage Note or any other Loan Document;
      (iii) obtain a deficiency judgment against the Mortgagor; or (iv) enforce any
      other rights or remedies provided by the Mortgage Note or any other Mortgage
      Loan Document or otherwise available at law or equity.

     

    Section
      4.02  Monitoring
      of Servicer.

     

    The
      Master Servicer shall be responsible for monitoring the compliance by the
      Servicer with its duties under the Servicing Agreement. In the review of the
      Servicer’s activities, the Master Servicer may rely upon an officer’s
      certificate of the Servicer with regard to the Servicer’s compliance with the
      terms of the Servicing Agreement. In the event that the Master Servicer, in
      its
      judgment, determines that the Servicer should be terminated in accordance with
      the Servicing Agreement, or that a notice should be sent pursuant to the
      Servicing Agreement with respect to the occurrence of an event that, unless
      cured, would constitute grounds for such termination, the Master Servicer shall
      notify the Sponsor and the Trustee thereof and the Master Servicer shall issue
      such notice or take such other action as it deems appropriate.

     

    The
      Master Servicer, for the benefit of the Trustee and the Certificateholders,
      shall enforce the obligations of the Servicer under the Servicing Agreement,
      and
      shall, in the event that the Servicer fails to perform its obligations in
      accordance with the Servicing Agreement, subject to this Section and
      Article VIII, shall notify the Trustee and the Trustee shall terminate the
      rights and obligations of the Servicer under the Servicing Agreement in
      accordance with the provisions of Article VIII. The Trustee shall act as
      servicer of the Mortgage Loans or enter in to a new servicing agreement with
      a
      successor servicer selected by the Trustee with the consent of the Master
      Servicer (such consent not to be unreasonably withheld); provided, however,
      it
      is understood and acknowledged by the parties hereto that there will be a period
      of transition (not to exceed 90 days) before the actual servicing functions
      can
      be fully transferred to the Trustee or such successor servicer. Such
      enforcement, including, without limitation, the legal prosecution of claims
      and
      the pursuit of other appropriate remedies, shall be in such form and carried
      out
      to such an extent and at such time as the Trustee, in its good faith business
      judgment, would require were it the owner of the Mortgage Loans. The Trustee
      shall pay the costs of such enforcement, provided that no provision of this
      Agreement shall require the Trustee, to expend or risk its own funds or
      otherwise incur any financial liability in the performance or any of its duties
      hereunder, or in the exercise of any of its rights or powers, if it shall have
      reasonable grounds for believing that repayment of such funds or adequate
      indemnity against such risk or liability is not reasonably assured to
      it.

     

    To
      the
      extent that the costs and expenses related to the termination of the Servicer,
      appointment of a Successor Servicer or the transfer and assumption of servicing
      by the Trustee as Successor Servicer (including, without limitation, (i) all
      legal costs and expenses and all due diligence costs and expenses associated
      with an evaluation of the potential termination of the Servicer as a result
      of
      an event of default by the Servicer and (ii) all costs and expenses associated
      with the complete transfer of servicing, including all servicing files and
      all
      servicing data and the completion, correction or manipulation of such servicing
      data as may be required by the Successor Servicer to correct any errors or
      insufficiencies in the servicing data or otherwise to enable the Successor
      Servicer to service the Mortgage Loans in accordance with the Servicing
      Agreement) are not fully and timely reimbursed by the terminated Servicer,
      the
      Trustee shall be entitled to reimbursement of such costs and expenses from
      the
      Distribution Account.

     

    The
      Master Servicer shall require the Servicer to comply with the remittance
      requirements and other obligations set forth in the Servicing
      Agreement.

     

    If
      the
      Trustee acts as Successor Servicer, it shall not assume liability for the
      representations and warranties of the Servicer, if any, that it
      replaces.

     

    Section
      4.03  Fidelity
      Bond. 

     

    The
      Master Servicer, at its expense, shall maintain in effect a blanket fidelity
      bond and an errors and omissions insurance policy that shall be in such form
      and
      amount generally acceptable for entities serving as master servicers or
      trustees, affording coverage with respect to all directors, officers, employees
      and other Persons acting on such Master Servicer’s behalf, and covering errors
      and omissions in the performance of the Master Servicer’s obligations hereunder.
      Any such errors and omissions policy and fidelity bond may not be cancelable
      without thirty (30) days’ prior written notice to the Trustee.

     

    Section
      4.04  Power
      to Act; Procedures. 

     

    The
      Master Servicer shall master service the Mortgage Loans and shall have full
      power and authority, subject to the REMIC Provisions and the provisions of
      Section 9.13 hereof, to do any and all things that it may deem necessary or
      desirable in connection with the master servicing and administration of the
      Mortgage Loans, including but not limited to the power and authority (i) to
      execute and deliver, on behalf of the Certificateholders and the Trustee,
      customary consents or waivers and other instruments and documents, (ii) to
      consent to transfers of any Mortgaged Property and assumptions of the Mortgage
      Notes and related Mortgages, (iii) to collect any Insurance Proceeds and
      Liquidation Proceeds, and (iv) to effectuate foreclosure or other conversion
      of
      the ownership of the Mortgaged Property securing any Loan, in each case, in
      accordance with the provisions of this Agreement; provided, however, that the
      Master Servicer shall not (and, consistent with its responsibilities under
      Section 4.02, shall not permit the Servicer to) knowingly or intentionally
      take any action, or fail to take (or fail to cause to be taken) any action
      reasonably within its control and the scope of duties more specifically set
      forth herein, that, under the REMIC Provisions, if taken or not taken, as the
      case may be, would cause any REMIC to fail to qualify as a REMIC or result
      in
      the imposition of a tax upon the Trust Fund (including but not limited to the
      tax on prohibited transactions as defined in Section 860F(a)(2) of the Code
      and the tax on contributions to a REMIC set forth in Section 860G(d) of the
      Code) unless the Master Servicer has received an Opinion of Counsel (but not
      at
      the expense of the Master Servicer) to the effect that the contemplated action
      will not cause any REMIC to fail to qualify as a REMIC or result in the
      imposition of a tax upon any REMIC. The Trustee shall furnish the Master
      Servicer, upon written request from a Servicing Officer or an Authorized
      Servicer Representative, with any powers of attorney (in form acceptable to
      Trustee) empowering the Master Servicer, or the Servicer to execute and deliver
      instruments of satisfaction or cancellation, or of partial or full release
      or
      discharge, and to foreclose upon or otherwise liquidate Mortgaged Property,
      and
      to appeal, prosecute or defend in any court action relating to the Mortgage
      Loans or the Mortgaged Property, in accordance with this Agreement, and the
      Trustee shall execute and deliver such other documents, as the Master Servicer
      or the Servicer may request, to enable the Master Servicer to master service
      and
      administer the Mortgage Loans and carry out its duties hereunder, in each case
      in accordance with Accepted Master Servicing Practices (and the Trustee shall
      have no liability for the misuse of any such powers of attorney by the Master
      Servicer or the Servicer and shall be indemnified by the Master Servicer or
      the
      Servicer, as applicable, for any costs, liabilities or expenses incurred by
      the
      Trustee in connection with such misuse). If the Master Servicer or the Trustee
      has been advised that it is likely that the laws of the state in which action
      is
      to be taken prohibit such action if taken in the name of the Trustee or that
      the
      Trustee would be adversely affected under the “doing business” or tax laws of
      such state if such action is taken in its name, the Master Servicer shall join
      with the Trustee in the appointment of a co-trustee pursuant to
      Section 9.10 hereof. In the performance of its duties hereunder, the Master
      Servicer shall be an independent contractor and shall not, except in those
      instances where it is taking action authorized pursuant to this Agreement to
      be
      taken by it in the name of the Trustee, be deemed to be the agent of the
      Trustee.

     

    Section
      4.05  Due-on-Sale
      Clauses; Assumption Agreements. 
      

     

    To
      the
      extent provided in the Servicing Agreement and to the extent the Mortgage Loans
      contain enforceable due-on-sale clauses, the Master Servicer shall cause the
      Servicer to enforce such clauses in accordance with the Servicing Agreement.
      If
      applicable law prohibits the enforcement of a due-on-sale clause or such clause
      is otherwise not enforced in accordance with the Servicing Agreement, and,
      as a
      consequence, a Mortgage Loan is assumed, the original Mortgagor may be released
      from liability in accordance with the Servicing Agreement.

     

    Section
      4.06  Documents,
      Records and Funds in Possession of Master Servicer To Be Held for
      Trustee.

     

    The
      Master Servicer shall transmit and the Servicer (to the extent required under
      the Servicing Agreement) shall transmit to the Trustee or Custodian such
      documents and instruments coming into the possession of the Master Servicer
      or
      the Servicer from time to time as are required by the terms hereof or in the
      case of the Servicer, the Servicing Agreement, to be delivered to the Trustee
      or
      the Custodian. Any funds received by the Master Servicer in respect of any
      Mortgage Loan or which otherwise are collected by the Master Servicer or the
      Servicer as Liquidation Proceeds, Insurance Proceeds or Subsequent Recoveries
      in
      respect of any Mortgage Loan shall be held for the benefit of the Trustee and
      the Certificateholders subject to the Master Servicer’s right to retain or
      withdraw from the Distribution Account the Master Servicing Compensation and
      other amounts provided in this Agreement, and to the right of the Servicer
      to
      retain its Servicing Fee and other amounts as provided in the Servicing
      Agreement. The Master Servicer shall (and to the extent provided in the
      Servicing Agreement) cause the Servicer to, provide access to information and
      documentation regarding the Mortgage Loans to the Trustee, its agents and
      accountants at any time upon reasonable request and during normal business
      hours, and to Certificateholders that are savings and loan associations, banks
      or insurance companies, the OTS, the FDIC and the supervisory agents and
      examiners of such Office and Corporation or examiners of any other federal
      or
      state banking or insurance regulatory authority if so required by applicable
      regulations of the OTS or other regulatory authority, such access to be afforded
      without charge but only upon reasonable request in writing and during normal
      business hours at the offices of the Master Servicer designated by it. In
      fulfilling such a request the Master Servicer shall not be responsible for
      determining the sufficiency of such information.

     

    All
      Mortgage Files and funds collected or held by, or under the control of, the
      Master Servicer, in respect of any Mortgage Loans, whether from the collection
      of principal and interest payments or from Liquidation Proceeds or Insurance
      Proceeds, shall be held by the Master Servicer for and on behalf of the Trustee
      and the Certificateholders and shall be and remain the sole and exclusive
      property of the Trustee; provided, however, that the Master Servicer and the
      Servicer shall be entitled to setoff against, and deduct from, any such funds
      any amounts that are properly due and payable to the Master Servicer or the
      Servicer under this Agreement.

     

    Section
      4.07  Standard
      Hazard Insurance and Flood Insurance Policies.

     

    For
      each
      Mortgage Loan, the Master Servicer shall enforce any obligation of the Servicer
      under the Servicing Agreement to maintain or cause to be maintained standard
      fire and casualty insurance and, where applicable, flood insurance, all in
      accordance with the provisions of the Servicing Agreement. It is understood
      and
      agreed that such insurance shall be with insurers meeting the eligibility
      requirements set forth in the Servicing Agreement and that no earthquake or
      other additional insurance is to be required of any Mortgagor or to be
      maintained on property acquired in respect of a defaulted loan, other than
      pursuant to such applicable laws and regulations as shall at any time be in
      force and as shall require such additional insurance.

     

    Pursuant
      to Section 3.31, any amounts collected by the Master Servicer or by the
      Servicer, under any insurance policies (other than amounts to be applied to
      the
      restoration or repair of the property subject to the related Mortgage or
      released to the Mortgagor in accordance with the Servicing Agreement) shall
      be
      deposited into the Distribution Account, subject to withdrawal pursuant to
      Section 3.32. Any
      cost
      incurred by the Servicer in maintaining any such insurance if the Mortgagor
      defaults in its obligation to do so shall be added to the amount owing under
      the
      Mortgage Loan where the terms of the Mortgage Loan so permit; provided, however,
      that the addition of any such cost shall not be taken into account for purposes
      of calculating the distributions to be made to Certificateholders and shall
      be
      recoverable by the Servicer pursuant to the Servicing Agreement.

     

    Section
      4.08  Presentment
      of Claims and Collection of Proceeds. 

     

    The
      Master Servicer shall enforce (to the extent provided in the Servicing
      Agreement) the Servicer’s obligations to prepare and present on behalf of the
      Trustee and the Certificateholders all claims under any insurance policies
      and
      take such actions (including the negotiation, settlement, compromise or
      enforcement of the insured’s claim) as shall be necessary to realize recovery
      under such policies. Any proceeds disbursed to the Master Servicer (or disbursed
      to the Servicer and remitted to the Master Servicer) in respect of such
      policies, bonds or contracts shall be promptly deposited in the Distribution
      Account upon receipt, except that any amounts realized that are to be applied
      to
      the repair or restoration of the related Mortgaged Property as a condition
      precedent to the presentation of claims on the related Mortgage Loan to the
      insurer under any applicable insurance policy need not be so deposited (or
      remitted).

     

    Section
      4.09  Maintenance
      of the Primary Mortgage Insurance Policies.

     

    The
      Master Servicer shall not take, or (to the extent within its control) permit
      the
      Servicer (to the extent such action is prohibited under the Servicing Agreement)
      to take, any action that would result in noncoverage under any primary mortgage
      insurance policy or any loss which, but for the actions of such Master Servicer
      or the Servicer, would have been covered thereunder. The Master Servicer shall
      use its best reasonable efforts to enforce Servicer’s obligation (to the extent
      required under the Servicing Agreement) to keep in force and effect (to the
      extent that the Mortgage Loan requires the Mortgagor to maintain such
      insurance), primary mortgage insurance applicable to each Mortgage Loan in
      accordance with the provisions of this Agreement and the Servicing Agreement,
      as
      applicable. The Master Servicer shall not, and (to the extent within its
      control) shall not permit the Servicer (to the extent provided in the Servicing
      Agreement) to, cancel or refuse to renew any primary mortgage insurance policy
      that is in effect at the date of the initial issuance of the Mortgage Note
      and
      is required to be kept in force hereunder except in accordance with the
      provisions of this Agreement and the Servicing Agreement, as
      applicable.

     

    The
      Master Servicer agrees to enforce the Servicer’s obligation (to the extent
      required under the Servicing Agreement) to present, on behalf of the Trustee
      and
      the Certificateholders, claims to the insurer under any primary mortgage
      insurance policies and, in this regard, to take such reasonable action as shall
      be necessary to permit recovery under any primary mortgage insurance policies
      respecting defaulted Mortgage Loans. Pursuant to Section 3.31, any amounts
      collected by the Master Servicer or the Servicer under any primary mortgage
      insurance policies shall be deposited by the Servicer or by the Master Servicer
      in the Distribution Account, subject to withdrawal pursuant to
      Section 3.32.

     

    Section
      4.10  Trustee
      to Retain Possession of Certain Insurance Policies and Documents.

     

    The
      Trustee or the Custodian, shall retain possession and custody of the originals
      (to the extent available) of any primary mortgage insurance policies, or
      certificate of insurance if applicable, and any certificates of renewal as
      to
      the foregoing as may be issued from time to time as contemplated by this
      Agreement. Until all amounts distributable in respect of the Certificates have
      been distributed in full and the Master Servicer and the Servicer otherwise
      have
      fulfilled its obligations under this Agreement and the Servicing Agreement,
      the
      Trustee or the Custodian shall also retain possession and custody of each
      Mortgage File in accordance with and subject to the terms and conditions of
      this
      Agreement and the Custodial Agreement. The Master Servicer shall promptly
      deliver or cause to be delivered to the Trustee or the Custodian, upon the
      execution or receipt thereof the originals of any primary mortgage insurance
      policies, any certificates of renewal, and such other documents or instruments
      that constitute Mortgage Loan Documents that come into the possession of the
      Master Servicer from time to time.

     

    Section
      4.11  Realization
      Upon Defaulted Loans. 

     

    The
      Master Servicer shall enforce the Servicer’s obligation (to the extent required
      under the Servicing Agreement) to foreclose upon, repossess or otherwise
      comparably convert the ownership of Mortgaged Properties securing such of the
      Mortgage Loans as come into and continue in default and as to which no
      satisfactory arrangements can be made for collection of delinquent payments,
      all
      in accordance with the Servicing Agreement.

     

    Section
      4.12  Compensation
      for the Master Servicer.

     

    As
      compensation for its services hereunder, the Master Servicer shall be entitled
      to receive the Master Servicing Fee and all income and gain realized from any
      investment of funds in the Distribution Account (the “Master Servicing
      Compensation”). The Master Servicer shall be required to pay all expenses
      incurred by it in connection with its activities hereunder and shall not be
      entitled to reimbursement therefor except as provided in this
      Agreement.

     

    The
      amount of the Master Servicing Compensation payable to the Master Servicer
      in
      respect of any Distribution Date shall be reduced in accordance with
      Section 4.14.

     

    Section
      4.13  REO
      Property.

     

    In
      the
      event the Trust Fund acquires ownership of any REO Property in respect of any
      Mortgage Loan, the deed or certificate of sale shall be issued to the Trustee,
      or to its nominee, on behalf of the Certificateholders. The Master Servicer
      shall enforce, to the extent provided in the Servicing Agreement, the Servicer’s
      obligation to sell, and the Servicer agrees to sell, any REO Property as
      expeditiously as possible and in accordance with the provisions of this
      Agreement and the Servicing Agreement, as applicable. Further, the Master
      Servicer shall to the extent provided in the Servicing Agreement, enforce the
      Servicer’s obligation to sell any REO Property prior to three (3) years after
      the end of the calendar year of its acquisition by REMIC I, unless (i) the
      Trustee and the Securities Administrator shall have been supplied with an
      Opinion of Counsel to the effect that the holding by the Trust Fund of such
      REO
      Property subsequent to such three-year period will not result in the imposition
      of taxes on “prohibited transactions” of any REMIC hereunder as defined in
      Section 860F of the Code or cause any REMIC hereunder to fail to qualify as
      a REMIC at any time that any Certificates are outstanding, in which case the
      Trust Fund may continue to hold such Mortgaged Property (subject to any
      conditions contained in such Opinion of Counsel) or (ii) the Servicer shall
      have
      applied for, prior to the expiration of such three-year period, an extension
      of
      such three-year period in the manner contemplated by Section 856(e)(3) of
      the Code, in which case the three-year period shall be extended by the
      applicable extension period. The Master Servicer shall to the extent provided
      in
      the Servicing Agreement, cause the Servicer to protect and conserve, such REO
      Property in the manner and to the extent required by the Servicing Agreement,
      in
      accordance with the REMIC Provisions and in a manner that does not result in
      a
      tax on “net income from foreclosure property” or cause such REO Property to fail
      to qualify as “foreclosure property” within the meaning of
      Section 860G(a)(8) of the Code.

     

    The
      Master Servicer shall enforce, to the extent required by the Servicing
      Agreement, the Servicer’s obligation to deposit all funds collected and received
      in connection with the operation of any REO Property in the Custodial Account
      maintained by the Servicer.

     

    The
      Master Servicer and the Servicer, upon the final disposition of any REO
      Property, shall be entitled to reimbursement for any related unreimbursed
      Advances and other unreimbursed advances as well as any unpaid Servicing Fees
      and Master Servicing Fees from Liquidation Proceeds received in connection
      with
      the final disposition of such REO Property; provided, that any such unreimbursed
      Advances as well as any unpaid Master Servicing Fees may be reimbursed or paid,
      as the case may be, prior to final disposition, out of any net rental income
      or
      other net amounts derived from such REO Property.

     

    Section
      4.14  Obligation
      of the Master Servicer in Respect of Prepayment Interest
      Shortfalls.

     

    The
      Master Servicer shall deposit in the Distribution Account not later than each
      Distribution Date an amount equal to the lesser of (i) the aggregate amounts
      required to be paid by the Servicer under the Servicing Agreement with respect
      to Prepayment Interest Shortfalls on the Mortgage Loans for the related
      Distribution Date, and not so paid by the Servicer and (ii) the Master Servicing
      Compensation for such Distribution Date without reimbursement
      therefor.

     

     

     

    ARTICLE
      V

    ADVANCES
      AND DISTRIBUTIONS

     

    Section
      5.01  Advances.

     

    If
      the
      Scheduled Payment on a Mortgage Loan or a portion thereof is delinquent as
      of
      its Due Date, other than as a result of interest shortfalls due to bankruptcy
      proceedings or application of the Relief Act, and the Servicer fails to make
      an
      advance of the delinquent amount pursuant to the Servicing Agreement, then
      the
      Trustee (in its capacity as Successor Servicer) shall deposit in the
      Distribution Account on the Remittance Date on which such Advance was required
      to be remitted by the Servicer, from its own funds an amount equal to such
      delinquency, net of the Servicing Fee for such Mortgage Loan except to the
      extent the Trustee determines any such advance to be nonrecoverable from
      Liquidation Proceeds, Insurance Proceeds, or future payments on the Mortgage
      Loan for which such Advance was made; provided, however, that if the Trustee
      is
      prohibited by law or regulation from obligating itself to make advances
      regarding delinquent mortgage loans, then the Trustee shall not be obligated
      to
      make Advances pursuant to this Section 5.01; and provided further, that any
      failure to perform such duties or responsibilities caused by the Servicer’s
      failure to provide information required by the Trustee in connection with the
      making of any such required Advance shall not be considered a default by the
      Trustee as successor to the Servicer; provided, however, that (1) it is
      understood and acknowledged by the parties hereto that there will be a period
      of
      transition (not to exceed 90 days) before the actual servicing functions can
      be
      fully transferred to the Trustee or any Successor Servicer and (2) any failure
      to perform such duties or responsibilities caused by the Servicer’s failure to
      provide information required by the Trustee in connection with the making of
      any
      such Advance shall not be considered a default by the Trustee as successor
      to
      the Servicer.

     

    Section
      5.02  Compensating
      Interest Payments.

     

    In
      the
      event that there is a Prepayment Interest Shortfall arising from a voluntary
      Principal Prepayment in full by the Mortgagor with respect to any Mortgage
      Loan,
      the Servicer shall, to the extent of the Servicing Fee for such Distribution
      Date, deposit into the Custodial Account, no later than the close of business
      on
      the Remittance Date immediately preceding such Distribution Date, an amount
      equal to the Prepayment Interest Shortfall; and in case of such deposit, the
      Servicer shall not be entitled to any recovery or reimbursement from the
      Depositor, the Trustee, the Sponsor, the Trust Fund, the Master Servicer or
      the
      Certificateholders. In the event that the Servicer fails to make such payments,
      the Master Servicer shall deposit in the Distribution Account not later than
      each Distribution Date an amount equal to the lesser of (i) the aggregate
      amounts required to be paid by the Servicer under the Servicing Agreement with
      respect to Prepayment Interest Shortfalls on the Mortgage Loans for the related
      Distribution Date, and (ii) the Master Servicing Compensation for such
      Distribution Date without reimbursement therefor.

     

    Section
      5.03  REMIC
      Distributions.

     

    On
      each
      Distribution Date the Securities Administrator, shall be deemed to allocate
      distributions to the REMIC I Regular Interests in accordance with
      Section 5.07 hereof.

     

    Section
      5.04  Distributions.

     

    (a)  On
      each
      Distribution Date, the Available Distribution Amount for such Distribution
      Date
      shall be withdrawn by the Securities Administrator to the extent of funds on
      deposit in the Distribution Account, in the following order of
      priority:

     

    First,
      in the
      following order of priority:

     

    
      	
              1.

            	
              from
                the Interest Remittance Amount to the holders of the Senior Certificates
                on a pro rata basis, based on the entitlement of each such Class,
                the
                Senior Interest Distribution Amount for each such Class and for such
                Distribution Date;

            
	 	 
	
              2.

            	
              to
                the extent of the Interest Remittance Amount remaining after distribution
                of the Senior Interest Distribution Amount to the Holders of the
                Senior
                Certificates, to
                the Holders
                of
                the Class M-1 Certificates, the Interest Distribution Amount for
                such
                Class for such Distribution Date;

            
	 	 
	
              3.

            	
              to
                the extent of the Interest Remittance Amount remaining after distribution
                of the Senior Interest Distribution Amount to the Holders
                of
                the Senior Certificates and the Interest Distribution Amount to
                Holders
                of
                the Class M-1 Certificates, to the Holders
                of
                the Class M-2 Certificates, the Interest Distribution Amount for
                such
                Class for such Distribution Date; 

            
	 	 
	
              4.

            	
              to
                the extent of the Interest Remittance Amount remaining after distribution
                of the Senior Interest Distribution Amount to the Holders of the
                Senior
                Certificates, the Interest Distribution Amount to the Holders of
                the Class
                M-1 Certificates and the Interest Distribution Amount to the Holders
                of
                the Class M-2 Certificates, to the Holders of the Class M-3 Certificates,
                the Interest Distribution Amount for such Class for such Distribution
                Date;

            
	 	 
	
              5.

            	
              to
                the extent of the Interest Remittance Amount remaining after distribution
                of the Senior Interest Distribution Amount to the Holders of the
                Senior
                Certificates, the Interest Distribution Amount to the Holders of
                the Class
                M-1 Certificates, the
                Interest Distribution Amount to the Holders of the Class M-2
                Certificates
                and the Interest Distribution Amount to the Holders of the Class
                M-3
                Certificates, to the Holders of the Class M-4 Certificates, the Interest
                Distribution Amount for such Class for such Distribution
                Date;

            

    

    

    Second,
      to pay
      principal on the Certificates, to the extent of the Principal Distribution
      Amount for each Distribution Date, in the following amount and order of
      priority:

     

    
      	
              1.

            	
              The
                Senior Principal Distribution Amount for such Distribution Date will
                be
                distributed to the Senior Certificates as follows:

            
	 	 
	 	
              first,
                to the Class A-6 Certificates, in an amount up to the Class A-6 Lockout
                Principal Distribution Amount for such Distribution Date, until the
                Certificate Principal Balance thereof has been reduced to zero;
                and

            
	 	 
	 	
              second,
                any remaining Senior Principal Distribution Amount after the distribution
                described in clause first above, sequentially:

            
	 	 
	 	
              ·  to
                the Class A-1 Certificates, until the Certificate Principal Balance
                of
                each such Class has been reduced to zero;

            
	 	 
	 	
              ·  to
                the Class A-2 Certificates, until the Certificate Principal Balance
                thereof has been reduced to zero;

            
	 	 
	 	
              ·  to
                the Class A-3 Certificates, until the Certificate Principal Balance
                thereof has been reduced to zero;

            
	 	 
	 	
              ·  to
                the Class A-4 Certificates, until the Certificate Principal Balance
                thereof has been reduced to zero; 

            
	 	 
	 	
              ·  to
                the Class A-5 Certificates, until the Certificate Principal Balance
                thereof has been reduced to zero; and

            
	 	 
	 	
              ·  to
                the Class A-6 Certificates, until the Certificate Principal Balance
                thereof has been reduced to zero.

            

    

    

    provided,
      however, on any Distribution Date after the Certificate Principal Balances
      of
      the Mezzanine Certificates have been reduced to zero, distributions of principal
      to the Senior Certificates will be allocated among such Senior Certificates
      concurrently on a pro rata basis, based on the Certificate Principal Balances
      thereof, until the Certificate Principal Balance of each such Class has been
      reduced to zero.

     

    
      	
              2.

            	
              To
                the extent of any Principal Distribution Amount remaining after
                distribution of the Senior Principal Distribution Amount to the
                Holders
                of
                the Senior Certificates on such Distribution Date, to the Class M-1
                Certificates, in an amount equal to the Class M-1 Principal Distribution
                Amount for such Distribution Date, until the Certificate Principal
                Balance
                thereof has been reduced to zero.

            
	 	 
	
              3.

            	
              To
                the extent of any Principal Distribution Amount remaining after
                distribution of the Senior Principal Distribution Amount to the
                Holders
                of
                the Senior Certificates on such Distribution Date and the distribution
                of
                the Class M-1 Principal Distribution Amount to the Holders
                of
                the Class M-1 Certificates on such Distribution Date, to the Class
                M-2
                Certificates, in an amount equal to the Class M-2 Principal Distribution
                Amount for such Distribution Date, until the Certificate Principal
                Balance
                thereof has been reduced to zero.

            
	 	 
	
              4.

            	
              To
                the extent of any Principal Distribution Amount remaining after
                distribution of the Senior Principal Distribution Amount to the
                Holders
                of
                the Senior Certificates on such Distribution Date, the distribution
                of the
                Class M-1 Principal Distribution Amount to the Holders
                of
                the Class M-1 Certificates on such Distribution Date and the distribution
                of the Class M-2 Principal Distribution Amount to the Holders
                of
                the Class M-2 Certificates on such Distribution Date, to the Class
                M-3
                Certificates in an amount equal to the Class M-3 Principal Distribution
                Amount for such Distribution Date, until the Certificate Principal
                Balance
                thereof has been reduced to zero.

            
	 	 
	
              5.

            	
              To
                the extent of any Principal Distribution Amount remaining after
                distribution of the Senior Principal Distribution Amount to the
                Holders
                of
                the Senior Certificates on such Distribution Date, the distribution
                of the
                Class M-1 Principal Distribution Amount to the Holders
                of
                the Class M-1 Certificates on such Distribution Date, the distribution
                of
                the Class M-2 Principal Distribution Amount to the Holders
                of
                the Class M-2 Certificates on such Distribution Date and the distribution
                of the Class M-3 Principal Distribution Amount to the Holders
                of
                the Class M-3 Certificates on such Distribution Date, to the Class
                M-4
                Certificates in an amount equal to the Class M-4 Principal Distribution
                Amount for such Distribution Date, until the Certificate Principal
                Balance
                thereof has been reduced to zero.

            

    

    

    Third,
      after
      the payment of interest and principal to the Certificates as described in
      clauses First
      and
      Second
      above,
      any Net Monthly Excess Cashflow for such Distribution Date will be distributed
      as follows:

     

    
      	
              1.

            	
              To
                the Holders of the Publicly Offered Certificates in an amount equal
                to any
                Extra Principal Distribution Amount for such Distribution Date, payable
                to
                such Holders as part of the Principal Distribution Amount in accordance
                with clause Second
                above;

            
	 	 
	
              2.

            	
              To
                the Holders of the Class M-1 Certificates, then to the Holders of
                the
                Class M-2 Certificates, then to the Holders of the Class M-3 Certificates
                and then to the Holders of the Class M-4 Certificates, the related
                Interest Carry Forward Amount for each such Class and such Distribution
                Date;

            
	 	 
	
              3.

            	
              To
                the Net WAC Reserve Fund, in respect of the Senior Certificates,
                an amount
                equal to (i) with respect to the Senior Certificates (other than
                the Class
                A-1 Certificates), the sum of the related Net WAC Rate Carryover
                Amounts,
                if any, for each such Class for such Distribution Date or any prior
                Distribution Dates and (ii) with respect to the Class A-1 Certificates,
                the amount by which the sum of the Net WAC Rate Carryover Amounts
                with
                respect to the Class A-1 Certificates exceeds the amount received
                by the
                Securities Administrator with respect to the Cap Contract for such
                Distribution Date or any prior Distribution Date;

            
	 	 
	
              4.

            	
              To
                the Net WAC Reserve Fund, in respect of the Class M-1 Certificates,
                the
                Net WAC Rate Carryover Amount for such Class for such Distribution
                Date or
                any prior Distribution Dates to the extent unpaid;

            
	 	 
	
              5.

            	
              To
                the Net WAC Reserve Fund, in respect of the Class M-2 Certificates,
                the
                Net WAC Rate Carryover Amount for such Class for such Distribution
                Date or
                any prior Distribution Dates to the extent unpaid;

            
	 	 
	
              6.

            	
              To
                the Net WAC Reserve Fund, in respect of the Class M-3 Certificates,
                the
                Net WAC Rate Carryover Amount for such Class for such Distribution
                Date or
                any prior Distribution Dates to the extent unpaid;

            
	 	 
	
              7.

            	
              To
                the Net WAC Reserve Fund, in respect of the Class M-4 Certificates,
                the
                Net WAC Rate Carryover Amount for such Class for such Distribution
                Date or
                any prior Distribution Dates to the extent unpaid;

            
	 	 
	
              8.

            	
              To
                the Holders of the Class X Certificates, the Class X Distribution
                Amount;
                and

            
	 	 
	
              9.

            	
              To
                the Holders of the Class R Certificates, in respect of the Class
                R-2
                Interest, any remaining amounts.

            

    

    

    On
      each
      Distribution Date, the Securities Administrator, after making the required
      distributions of interest and principal to the Certificates as described in
      clauses First
      and
      Second
      above
      and
      after the distribution of the Net Monthly Excess Cashflow as described in clause
      Third
      above,
      will withdraw from the Net WAC Reserve Fund the amounts on deposit therein
      and
      distribute such amounts to the Senior Certificates and the Mezzanine
      Certificates in respect of any Net WAC Rate Carryover Amounts due to each such
      Class in the following manner and order of priority: first, concurrently to
      the
      Senior Certificates, on a pro rata basis, based on the entitlement of each
      such
      Class, the related Net WAC Rate Carryover Amount (after taking into account
      payments made pursuant to the Cap Contract with respect to the Class A-1
      Certificates) for such Distribution Date for each such Class; second, to the
      Class M-1 Certificates, the related Net WAC Rate Carryover Amount for such
      Distribution Date for such Class; third, to the Class M-2 Certificates, the
      related Net WAC Rate Carryover Amount for such Distribution Date for such Class;
      fourth, to the Class M-3 Certificates, the related Net WAC Rate Carryover Amount
      for such Distribution Date for such Class and fifth, to the Class M-4
      Certificates, the related Net WAC Rate Carryover Amount for such Distribution
      Date for such Class.

     

    On
      each
      Distribution Date, all amounts representing Prepayment Charges in respect of
      the
      Mortgage Loans received during the related Prepayment Period and deposited
      in
      the Distribution Account will be withdrawn from such Distribution Account and
      distributed by the Securities Administrator to the Class P Certificates and
      shall not be available for distribution to the Holders of any other Class of
      Certificates. The payment of such Prepayment Charges shall not reduce the
      Certificate Principal Balance of the Class P Certificates.

     

    On
      the
      Distribution Date in August 2011, the Securities Administrator shall make a
      payment of principal to the Class P Certificates in reduction of the Certificate
      Principal Balance thereof from amounts on deposit in a separate reserve account
      established and maintained by the Securities Administrator for the exclusive
      benefit of the Class P Certificateholders.

     

    (b)  Subject
      to Section 10.02 hereof respecting the final distribution on a Class of
      Publicly Offered Certificates, on each Distribution Date the Securities
      Administrator shall make distributions to each Holder of a Publicly Offered
      Certificate of record on the preceding Record Date either by wire transfer
      in
      immediately available funds to the account of such holder at a bank or other
      entity having appropriate facilities therefor, if (i) such Holder has so
      notified the Securities Administrator at least five (5) Business Days prior
      to
      the related Record Date and (ii) such Holder shall hold Regular Certificates
      with aggregate principal denominations of not less than $1,000,000 or evidencing
      a Percentage Interest aggregating ten percent (10%) or more with respect to
      such
      Class or, if not, by check mailed by First Class Mail to such Certificateholder
      at the address of such holder appearing in the Certificate Register.
      Notwithstanding the foregoing, but subject to Section 10.02 hereof
      respecting the final distribution, distributions with respect to Publicly
      Offered Certificates registered in the name of a Depository shall be made to
      such Depository in immediately available funds.

     

    Section
      5.05  Allocation
      of Realized Losses.

     

    (a)  On
      or
      prior to each Determination Date, the Securities Administrator shall determine
      the amount of any Realized Loss in respect of each Mortgage Loan that occurred
      during the immediately preceding calendar month, based solely on the reports
      delivered by the Servicer pursuant to the Servicing Agreement.

     

    (b)  The
      interest portion of Realized Losses shall be allocated to the Certificates
      as
      described in Section 1.02 hereof.

     

    (c)  The
      principal portion of all Realized Losses on the Mortgage Loans allocated to
      any
      REMIC I Regular Interest pursuant to Section 5.05(d) shall be
      allocated on each Distribution Date as follows: first, in reduction of the
      Net
      Monthly Excess Cashflow; second, to the Class X Certificates, until the
      Certificate Principal Balance thereof has been reduced to zero; third, to the
      Class M-4 Certificates, until the Certificate Principal Balance thereof has
      been
      reduced to zero; fourth, to the Class M-3 Certificates, until the Certificate
      Principal Balance thereof has been reduced to zero; fifth, to the Class M-2
      Certificates, until the Certificate Principal Balance thereof has been reduced
      to zero; and sixth, to the Class M-1 Certificates, until the Certificate
      Principal Balance thereof has been reduced to zero. All such Realized Losses
      to
      be allocated to the Certificate Principal Balances of the Mezzanine Certificates
      on any Distribution Date shall be so allocated after the actual distributions
      to
      be made on such date as provided above. All references above to the Certificate
      Principal Balance of any Class of Mezzanine Certificates shall be to the
      Certificate Principal Balance of such Class immediately prior to the relevant
      Distribution Date, before reduction thereof by any Realized Losses, in each
      case
      to be allocated to such Mezzanine Certificates, on such Distribution
      Date.

     

    Any
      allocation of the principal portion of Realized Losses to a Mezzanine
      Certificate on any Distribution Date shall be made by reducing the Certificate
      Principal Balance thereof by the amount so allocated; any allocation of Realized
      Losses to the Class X Certificates shall be made by reducing the amount
      otherwise payable in respect thereof pursuant to Section 5.04(a) clause
Third.
      No
      allocations of any Realized Losses shall be made to the Certificate Principal
      Balances of the Senior Certificates or Class P Certificates.

     

    All
      such
      Realized Losses and all other losses allocated to a Class of Certificates
      hereunder will be allocated among the Certificates of such Class in proportion
      to the Percentage Interests evidenced thereby.

     

    (d)  The
      principal portion of all Realized Losses on the Mortgage Loans shall be
      allocated on each Distribution Date to the following REMIC I Regular
      Interests in the specified percentages, as follows: first, to Uncertificated
      Accrued Interest payable to the REMIC I Regular Interest LT-AA and
      REMIC I Regular Interest LT-ZZ up to an aggregate amount equal to the
      REMIC I Interest Loss Allocation Amount, 98% and 2%, respectively; second,
      to the Uncertificated Principal Balances of the REMIC I Regular Interest LT-AA
      and REMIC I Regular Interest LT-ZZ up to an aggregate amount equal to the REMIC
      I Principal Loss Allocation Amount, 98% and 2%, respectively; third, to the
      Uncertificated Principal Balances of REMIC I Regular Interest LT-AA, REMIC
      I
      Regular Interest LT-M4 and REMIC I Regular Interest LT-ZZ, 98%, 1% and 1%,
      respectively, until the Uncertificated Principal Balance of REMIC I Regular
      Interest LT-M3 has been reduced to zero; fourth, to the Uncertificated Principal
      Balances of REMIC I Regular Interest LT-AA, REMIC I Regular Interest LT-M3
      and
      REMIC I Regular Interest LT-ZZ, 98%, 1% and 1%, respectively, until the
      Uncertificated Principal Balance of REMIC I Regular Interest LT-M3 has been
      reduced to zero; fifth, to the Uncertificated Principal Balances of REMIC I
      Regular Interest LT-AA, REMIC I Regular Interest LT-M2 and REMIC I Regular
      Interest LT-ZZ, 98%, 1% and 1%, respectively, until the Uncertificated Principal
      Balance of REMIC I Regular Interest LT-M2 has been reduced to zero; and sixth,
      to the Uncertificated Principal Balances of REMIC I Regular Interest LT-AA,
      REMIC I Regular Interest LT-M1 and REMIC I Regular Interest LT-ZZ, 98%, 1%
      and
      1%, respectively, until the Uncertificated Principal Balance of REMIC I Regular
      Interest LT-M1 has been reduced to zero.

     

    (e)  Notwithstanding
      anything to the contrary contained herein, if on any Distribution Date the
      Securities Administrator discovers, based solely on the reports delivered by
      the
      Servicer under the Servicing Agreement, that any Subsequent Recoveries have
      been
      collected by the Servicer with respect to a Mortgage Loan, the amount of such
      Subsequent Recoveries will be applied to increase the Certificate Principal
      Balance of the Class of Mezzanine Certificates with the highest payment priority
      to which Realized Losses have been allocated, but not by more than the amount
      of
      Realized Losses previously allocated to that Class of Mezzanine Certificates
      pursuant to this Section 5.05. The amount of any remaining Subsequent
      Recoveries will be applied to sequentially increase the Certificate Principal
      Balance of the Mezzanine Certificates, beginning with the Class of Mezzanine
      Certificates with the next highest payment priority, up to the amount of such
      Realized Losses previously allocated to such Class of Certificates pursuant
      to
      this Section 5.05. Holders of such Certificates will not be entitled to any
      payment in respect of current interest on the amount of such increases for
      any
      Accrual Period preceding the Distribution Date on which such increase occurs.
      Any such increases shall be applied to the Certificate Principal Balance of
      each
      Mezzanine Certificate of such Class in accordance with its respective Percentage
      Interest.

     

    Section
      5.06  Reserved.

     

    Section
      5.07  Monthly
      Statements to Certificateholders.

     

    (a)  Not
      later
      than each Distribution Date, the Securities Administrator shall prepare and
      make
      available to each Holder of Certificates, the Depositor, the Credit Risk Manager
      and the PMI Insurer via its website a statement setting forth the following
      information for the Certificates:

     

    (i)  the
      Interest Accrual Period and general Distribution Dates for each Class of
      Certificates;

     

    (ii)  the
      Pass-Through Rate for each Class of Certificates with respect to the current
      Accrual Period;

     

    (iii)  the
      total
      cash flows received and the general sources thereof;

     

    (iv)  the
      amount of the related distribution to Holders of each Class allocable to
      principal, separately identifying (A) the aggregate amount of any Principal
      Prepayments included therein, (B) the aggregate of all scheduled payments of
      principal included therein, (C) the amount of Prepayment Charges distributed
      to
      the Class P Certificates and (D) the Extra Principal Distribution
      Amount;

     

    (v)  the
      amount distributed to Holders of each Class on such Distribution Date allocable
      to interest;

     

    (vi)  the
      Certificate Principal Balance or Certificate Notional Balance of each Class
      of
      Certificates, if applicable, after giving effect (i) to all distributions
      allocable to principal on such Distribution Date and (ii) the allocation of
      any
      Realized Losses for such Distribution Date;

     

    (vii)  the
      aggregate amount of P&I Advances included in the distributions on the
      Distribution Date;

     

    (viii)  the
      aggregate amount of Relief Act Interest Shortfalls for such Distribution
      Date;

     

    (ix)  the
      aggregate amount of any Prepayment Interest Shortfall for such Distribution
      Date, to the extent not covered by payments by the Servicer pursuant to the
      Servicing Agreement or the Master Servicer pursuant to Section 4.14 of this
      Agreement;

     

    (x)  the
      cumulative amount of Realized Losses for the Mortgage Loans to date and, in
      addition, if the Certificate Principal Balance of any Class of Certificates
      have
      been reduced to zero, the cumulative amount of any Realized Losses that have
      not
      been allocated to any Class of Certificates;

     

    (xi)  the
      Overcollateralization Amount, the Credit Enhancement Percentage, any
      Overcollateralization Increase Amount and any Overcollateralization Reduction
      Amount for such Distribution Date;

     

    (xii)  the
      amount of any Prepayment Charges remitted by the Servicer;

     

    (xiii)  the
      number, aggregate principal balance, weighted average remaining term to maturity
      and weighted average Mortgage Rate of the Mortgage Loans as of the related
      Due
      Date;

     

    (xiv)  the
      number and Scheduled Principal Balance of all the Mortgage Loans for the
      following Distribution Date;

     

    (xv)  the
      number and aggregate principal balance of any Mortgage Loans that were (A)
      delinquent (exclusive of Mortgage Loans in foreclosure) using the “OTS” method
      (1) one scheduled payment is delinquent, (2) two scheduled payments are
      delinquent, (3) three scheduled payments are delinquent and (4) foreclosure
      proceedings have been commenced, and loss information for the period; the number
      and aggregate principal balance of any Mortgage Loans in respect of which (A)
      one scheduled payment is delinquent, (B) two scheduled payments are delinquent,
      (C) three or more scheduled payments are delinquent and (D) foreclosure
      proceedings have been commenced, and loss information for the
      period;

     

    (xvi)  with
      respect to any Mortgage Loan that was liquidated during the preceding calendar
      month, the loan number and the Stated Principal Balance of, and Realized Loss
      on, such Mortgage Loan as of the close of business on the Determination Date
      preceding such Distribution Date;

     

    (xvii)  the
      total
      number and principal balance of any real estate owned or REO Properties as
      of
      the close of business on the Determination Date preceding such Distribution
      Date;

     

    (xviii)  the
      three
      month rolling average of the percent equivalent of a fraction, the numerator
      of
      which is the aggregate scheduled principal balance of the Mortgage Loans that
      are sixty (60) days or more delinquent or are in bankruptcy or foreclosure
      or
      are REO Properties, and the denominator of which is the scheduled principal
      balances of all of the Mortgage Loans as of the last day of such Distribution
      Date; 

     

    (xix)  the
      aggregate Servicing Fee received by the Servicer and the Master Servicing Fees
      received by the Master Servicer during the related Due Period;

     

    (xx)  the
      amount of the Credit Risk Management Fees paid to the Credit Risk Manager and/or
      the Sponsor for such Distribution Date;

     

    (xxi)  the
      amount, if any, of other fees or expenses accrued and paid, with an
      identification of the payee and the general purpose of such fees;

     

    (xxii)  the
      amount of any Net WAC Rate Carryover Amounts and the amount in the Net
      WAC
      Reserve Fund after
      all
      deposits and withdrawals on such Distribution Date; 

     

    (xxiii)  whether
      the Stepdown Date has occurred and whether any Trigger Event is in
      effect;

     

    (xxiv)  the
      amount of payments received from the Servicer related to claims under the PMI
      Policy during the related Prepayment Period (based solely on information
      provided by the Servicer);

     

    (xxv)  (A)
      the
      dollar amount of claims made under each PMI Policy that were denied (as
      identified by the Servicer) during the Prepayment Period (and the number of
      Mortgage Loans to which such denials related) and (B) the dollar amount of
      the
      cumulative claims made under the PMI Policy that were denied since the Closing
      Date (and the number of Mortgage Loans to which such denials related) (based
      solely on information provided by the Servicer); 

     

    (xxvi)  the
      PMI
      Threshold Percentage for such Distribution Date; and

     

    (xxvii)  amounts
      payable in respect of the Cap Contract.

     

    The
      Securities Administrator may make the foregoing monthly statement (and, at
      its
      option, any additional files containing the same information in an alternative
      format) available each month to Certificateholders via the Securities
      Administrator’s internet website. The Securities Administrator’s internet
      website shall initially be located at “www.ctslink.com”. Assistance in using the
      website can be obtained by calling the Securities Administrator’s customer
      service desk at (301) 815-6600. Parties that are unable to use the above
      distribution options are entitled to have a paper copy mailed to them via first
      class mail by calling the customer service desk and indicating such. The
      Securities Administrator may change the way monthly statements are distributed
      in order to make such distributions more convenient or more accessible to the
      above parties.

     

    The
      Securities Administrator shall be entitled to rely on but shall not be
      responsible for the content or accuracy of any information provided by third
      parties for purposes of preparing such statement and may affix thereto any
      disclaimer it deems appropriate in its reasonable discretion (without suggesting
      liability on the part of any other party hereto).

     

    (b)  The
      Securities Administrator’s responsibility for making the above information
      available to the Certificateholders is limited to the availability, timeliness
      and accuracy of the information provided by the Servicer and the Cap Provider.
      The Securities Administrator will make available a copy of each statement
      provided pursuant to this Section 5.06 to each Rating Agency.

     

    (c)  Within
      a
      reasonable period of time after the end of each calendar year, the Securities
      Administrator shall cause to be furnished upon written request to each Person
      who at any time during the calendar year was a Certificateholder, a statement
      containing the information set forth in clauses (a)(i) and (a)(ii) of this
      Section 5.06 aggregated for such calendar year or applicable portion
      thereof during which such Person was a Certificateholder. Such obligation of
      the
      Securities Administrator shall be deemed to have been satisfied to the extent
      that substantially comparable information shall be provided by the Securities
      Administrator pursuant to any requirements of the Code as from time to time
      in
      effect.

     

    (d)  Upon
      filing with the Internal Revenue Service, the Securities Administrator shall
      furnish to the Holders of the Residual Certificates the applicable Form 1066
      and
      each applicable Form 1066Q and shall respond promptly to written requests made
      not more frequently than quarterly by any Holder of a Residual Certificate
      with
      respect to the following matters:

     

    (i)  The
      original projected principal and interest cash flows on the Closing Date on
      each
      Class of regular and residual interests created hereunder and on the Mortgage
      Loans, based on the Prepayment Assumption;

     

    (ii)  The
      projected remaining principal and interest cash flows as of the end of any
      calendar quarter with respect to each Class of regular and residual interests
      created hereunder and the Mortgage Loans, based on the Prepayment
      Assumption;

     

    (iii)  The
      applicable Prepayment Assumption and any interest rate assumptions used in
      determining the projected principal and interest cash flows described
      above;

     

    (iv)  The
      original issue discount (or, in the case of the Mortgage Loans, market discount)
      or premium accrued or amortized through the end of such calendar quarter with
      respect to each Class of regular or residual interests created hereunder and
      to
      the Mortgage Loans, together with each constant yield to maturity used in
      computing the same;

     

    (v)  The
      treatment of losses realized with respect to the Mortgage Loans or the regular
      interests created hereunder, including the timing and amount of any cancellation
      of indebtedness income of a REMIC with respect to such regular interests or
      bad
      debt deductions claimed with respect to the Mortgage Loans;

     

    (vi)  The
      amount and timing of any non-interest expenses of a REMIC; and

     

    (vii)  Any
      taxes
      (including penalties and interest) imposed on the REMIC, including, without
      limitation, taxes on “prohibited transactions,” “contributions” or “net income
      from foreclosure property” or state or local income or franchise
      taxes.

     

    The
      information pursuant to clauses (i), (ii), (iii) and (iv) above shall be
      provided by the Depositor pursuant to Section 9.13.

     

    Section
      5.08  REMIC
      Designations and REMIC Allocations.

     

    (a)  The
      Securities Administrator shall elect that each of REMIC I and REMIC II shall
      be
      treated as a REMIC under Section 860D of the Code. Any inconsistencies or
      ambiguities in this Agreement or in the administration of this Agreement shall
      be resolved in a manner that preserves the validity of such REMIC elections.
      The
      REMIC I Regular Interests shall constitute the assets of REMIC II. 

     

    (b)  On
      each
      Distribution Date, the Available Distribution Amount, in the following order
      of
      priority, shall be distributed by REMIC I to REMIC II on account of the REMIC
      I
      Regular Interests or withdrawn from the Distribution Account and distributed
      to
      the Holders of the Class R Certificates, as the case may be:

     

    (i)  to
      Holders of REMIC I Regular Interest LT-AA, REMIC Regular Interest LT-A1, REMIC
      I
      Regular Interest LT-A2, REMIC I Regular Interest LT-A3, REMIC I Regular Interest
      LT-A4, REMIC I Regular Interest LT-A5, REMIC I Regular Interest LT-A6, REMIC
      I
      Regular Interest LT-M1, REMIC I Regular Interest LT-M2, REMIC I Regular Interest
      LT-M3, REMIC I Regular Interest LT-M4 and REMIC I Regular Interest LT-ZZ, pro
      rata, in an amount equal to (A) the Uncertificated Accrued Interest for each
      such REMIC I Regular Interest for such Distribution Date, plus (B) any amounts
      in respect thereof remaining unpaid from previous Distribution Dates. Amounts
      payable as Uncertificated Accrued Interest in respect of REMIC I Regular
      Interest LT-ZZ shall be reduced and deferred when the REMIC I
      Overcollateralization Amount is less than the REMIC I Required
      Overcollateralization Amount, by the lesser of (x) the amount of such difference
      and (y) the REMIC I Regular Interest LT-ZZ Maximum Interest Deferral Amount
      and
      such amount will be payable to the Holders of REMIC Regular Interest LT-A1,
      REMIC Regular Interest LT-A2, REMIC I Regular Interest LT-A3, REMIC I Regular
      Interest LT-A4, REMIC I Regular Interest LT-A5, REMIC I Regular Interest LT-A6,
      REMIC I Regular Interest LT-M1, REMIC I Regular Interest LT-M2, REMIC I Regular
      Interest LT-M3 and REMIC I Regular Interest LT-M4 in the same proportion as
      the
      Overcollateralization Increase Amount is allocated to the Corresponding
      Certificates and the Uncertificated Principal Balance of REMIC I Regular
      Interest LT-ZZ shall be increased by such amount;

     

    (ii)  second,
      to the Holders of REMIC I Regular Interests, in an amount equal to the remainder
      of the Available Distribution Amount for such Distribution Date after the
      distributions made pursuant to clause (i) above, allocated as
      follows:

     

    (A)  98.00%
      of
      such remainder (other than amounts payable under clause (c) below) to the
      Holders of REMIC I Regular Interest LT-AA and REMIC I Regular Interest LT-P,
      until the Uncertificated Principal Balance of such REMIC I Regular Interest
      is
      reduced to zero, provided, however, that the Uncertificated Principal Balance
      of
      REMIC I Regular Interest LT-P shall not be reduced until the Distribution Date
      in August 2011 or any Distribution Date thereafter, at which point such amount
      shall be distributed to REMIC I Regular Interest LT-P, until $100 has been
      distributed pursuant to this clause;

     

    (B)  2.00%
      of
      such remainder (other than amounts payable under clause (c) below, first, to
      the
      Holders of REMIC I Regular Interest LT-A1, REMIC Regular Interest LT-A2, REMIC
      I
      Regular Interest LT-A3, REMIC I Regular Interest LT-A4, REMIC I Regular Interest
      LT-A5, REMIC I Regular Interest LT-A6, REMIC I Regular Interest LT-M1, REMIC
      I
      Regular Interest LT-M2, REMIC I Regular Interest LT-M3 and REMIC I Regular
      Interest LT-M4, 1.00%, in the same proportion as principal payments are
      allocated to the Corresponding Certificates, until the Uncertificated Principal
      Balances of such REMIC I Regular Interests are reduced to zero and second,
      to
      the Holders of REMIC I Regular Interest LT-ZZ until the Uncertificated Principal
      Balance of such REMIC I Regular Interest is reduced to zero; then

     

    (iii)  any
      remaining amount to the Holders of the Class R Certificates;

     

    provided,
      however, that (i) 98.00% and (ii) 2.00% of any principal payments that are
      attributable to an Overcollateralization Reduction Amount shall be allocated
      to
      Holders of (i) REMIC I Regular Interest LT-AA and REMIC I Regular Interest
      LT-P,
      in that order and (ii) REMIC I Regular Interest LT-ZZ, respectively; provided
      that REMIC I Regular Interest LT-P shall not be reduced until the Distribution
      Date in August 2011, at which point such amount shall be distributed to REMIC
      I
      Regular Interest LT-P, until $100 has been distributed pursuant to this
      clause.

     

    Section
      5.09  Prepayment
      Charges.

     

    (a)  On
      each
      Distribution Date, all amounts representing Prepayment Charges in respect of
      the
      Mortgage Loans received during the related Prepayment Period and deposited
      in
      the Distribution Account will be withdrawn from the Distribution Account and
      distributed by the Securities Administrator to the Class P Certificates and
      shall not be available for distribution to the holders of any other Class of
      Certificates. The payment of such Prepayment Charges shall not reduce the
      Certificate Principal Balance of the Class P Certificates.

     

    (b)  The
      Master Servicer shall not be obligated to recalculate or verify Prepayment
      Charges collected by the Servicer and remitted to the related Deposit Account
      for distribution to the related Certificateholders.

     

    Section
      5.10  Class
      P Certificate Account.

     

    The
      Securities Administrator shall establish and maintain with itself a separate,
      segregated trust account titled “Wells Fargo Bank, N.A., for the benefit of
      Nomura Asset Acceptance Corporation, Alternative Loan Trust 2006-WF1 Class
      P
      Certificate Account”. On the Closing Date, the Depositor will deposit, or cause
      to be deposited in the Class P Certificate Account $100.00. The amount on
      deposit in the Class P Certificate Account shall be held uninvested. On the
      Distribution Date in August 2011, the Securities Administrator shall withdraw
      the amount on deposit in the Class P Certificate Account and remit such amount
      to the Holders of the Class P Certificates, in reduction of the Certificate
      Principal Balance thereof. 

     

    Section
      5.11  Net
      WAC Reserve Fund.

     

    (a)  The
      Securities Administrator shall establish a Net WAC Reserve Fund on behalf of
      the
      holders of the Publicly Offered Certificates. The Net WAC Reserve Fund must
      be
      an Eligible Account. The Net WAC Reserve Fund shall be entitled “Net WAC Reserve
      Fund, Wells Fargo Bank, National Association for the benefit of holders of
      Nomura Asset Acceptance Corporation, Mortgage Pass-Through Certificates, Series
      2006-WF1, Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6,
      Class M-1, Class M-2, Class M-3 and Class M-4”. Any payments received by the
      Securities Administrator under the Cap Contract shall be deposited into the
      Net
      WAC Reserve Fund for the benefit of the Class A-1 Certificates. On the Closing
      Date, the Depositor will deposit, or cause to be deposited, into the Net WAC
      Reserve Fund $5,000. On each Distribution Date as to which there is a Net WAC
      Rate Carryover Amount payable to any Class of Certificates, the Securities
      Administrator shall deposit the amounts pursuant to paragraphs 3, 4, 5, 6 and
      7
      of clause Third
      of
      Section 5.04(a) into the Net WAC Reserve Fund and the Securities
      Administrator has been directed by the Class X Certificateholder to distribute
      such amounts to the Holders of the Publicly Offered Certificates in the amounts
      and priorities set forth in clause Third
      of
      Section 5.04(a).

     

    (b)  The
      Net
      WAC Reserve Fund is an “outside reserve fund” within the meaning of Treasury
      Regulation §1.860G-2(h) and shall be an asset of the Trust Fund but not an asset
      of any REMIC. The Securities Administrator on behalf of the Trust Fund shall
      be
      the nominal owner of the Net WAC Reserve Fund. The Class X Certificateholders
      shall be the beneficial owners of the Net WAC Reserve Fund, subject to the
      power
      of the Securities Administrator to transfer amounts under Section 5.04(a).
      Amounts in the Net WAC Reserve Fund shall be held either uninvested in a trust
      or deposit account of the Securities Administrator with no liability for
      interest or other compensation thereof or, at the written direction of the
      Majority Class X Certificateholder, be invested in Permitted Investments that
      mature no later than the Business Day prior to the next succeeding Distribution
      Date. All net income and gain from such investments shall be distributed to
      the
      Majority Class X Certificateholder, not as a distribution in respect of any
      interest in any REMIC (pursuant to Section 5.08). All amounts earned on amounts
      on deposit in the Net WAC Reserve Fund shall be taxable to the Majority Class
      X
      Certificateholder. Any losses on such investments shall be deposited in the
      Net
      WAC Reserve Fund by the Majority Class X Certificateholder out of its own funds
      immediately as realized. In the event that the Majority Class X
      Certificateholder shall fail to provide investment instructions to the
      Securities Administrator, the amounts on deposit in the Net WAC Reserve Fund
      shall be held uninvested.

     

    (c)  For
      federal tax return and information reporting, the value of the right of the
      holder of the Class A-1 Certificates to receive payments from the Net WAC
      Reserve Fund shall be $9,000.00 and the amount allocated to the right of the
      holders of the Publicly Offered Certificates (other than the Class A-1
      Certificates) to receive payments from the Net WAC Reserve Fund in respect
      of
      any Net WAC Rate Carryover Amount shall be zero.

     

    Section
      5.12  Reports
      Filed with Securities and Exchange Commission.

     

    

    (a)  (i)For
      so
      long as the Trust Fund is subject to Exchange Act reporting requirements, within
      fifteen (15) days after each Distribution Date (subject to permitted extensions
      under the Exchange Act), the Securities Administrator shall prepare and file
      on
      behalf of the Trust Fund any Form 10-D required by the Exchange Act, in form
      and
      substance as required by the Exchange Act. The Securities Administrator shall
      file each Form 10-D with a copy of the related Monthly Statement attached
      thereto. Any disclosure in addition to the Monthly Statement that is required
      to
      be included on Form 10-D (“Additional Form 10-D Disclosure”) shall be reported
      to the Depositor and the Securities Administrator by the entity indicated on
      Exhibit N and approved by the Depositor pursuant to the following paragraph.
      The
      Securities Administrator will have no duty or liability for any failure
      hereunder to determine or prepare any Additional Form 10-D Disclosure, except
      as
      set forth in the next paragraph. 

     

    (ii)  As
      set
      forth on Exhibit N hereto, within five (5) calendar days after the related
      Distribution Date, (i) each Transaction Party shall be required to provide
      to
      the Securities Administrator and to the Depositor, to the extent known by a
      responsible officer thereof, in EDGAR-compatible form, or in such other form
      as
      otherwise agreed upon by the Securities Administrator and such party, the form
      and substance of any Additional Form 10-D Disclosure, if applicable, together
      with an Additional Disclosure Notification in the form of Exhibit H hereto
      (an
“Additional Disclosure Notification”) and (ii) the Depositor will approve, as to
      form and substance, or disapprove, as the case may be, the inclusion of the
      Additional Form 10-D Disclosure on Form 10-D. The Depositor will be responsible
      for any reasonable fees and expenses assessed or incurred by the Securities
      Administrator in connection with including any Additional Form 10-D Disclosure
      on Form 10-D pursuant to this paragraph. 

     

    (iii)  After
      preparing the Form 10-D, the Securities Administrator shall forward
      electronically a copy of the Form 10-D to the Depositor (provided that such
      Form
      10-D includes any Additional Form 10-D Disclosure). Within two (2) calendar
      days
      after receipt of such copy, but no later than the twelfth (12th) calendar day
      after the Distribution Date, the Depositor shall notify the Securities
      Administrator in writing (which may be furnished electronically) of any changes
      to or approval of such Form 10-D. In the absence of receipt of any written
      changes or approval, the Securities Administrator shall be entitled to assume
      that such Form 10-D is in final form and the Securities Administrator may
      proceed with the execution and filing of the Form 10-D. A duly authorized
      representative of the Master Servicer shall sign each Form 10-D. If a Form
      10-D
      cannot be filed on time or if a previously filed Form 10-D needs to be amended,
      the Securities Administrator will follow the procedures set forth in Section
      5.12(c)(ii). Promptly (but no later than one (1) Business Day) after filing
      with
      the Commission, the Securities Administrator will make available on its internet
      website a final executed copy of each Form 10-D filed by the Securities
      Administrator. Each party to this Agreement acknowledges that the performance
      by
      the Master Servicer and the Securities Administrator of its duties under this
      Section 5.12(a) related to the timely preparation, execution and filing of
      Form
      10-D is contingent upon such parties strictly observing all applicable deadlines
      in the performance of their duties as set forth in this Agreement. Neither
      the
      Master Servicer nor the Securities Administrator shall have any liability for
      any loss, expense, damage, claim arising out of or with respect to any failure
      to properly prepare, execute and/or timely file such Form 10-D, where such
      failure results from the Securities Administrator’s inability or failure to
      obtain or receive, on a timely basis, any information from any other party
      hereto needed to prepare, arrange for execution or file such Form 10-D, not
      resulting from its own negligence, bad faith or willful misconduct.

     

    Each
      of
      Form 10-D and Form 10-K requires the registrant to indicate (by checking “yes”
or “no”) that it “(1) has filed all reports required to be filed by Section 13
      or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter
      period that the registrant was required to file such reports), and (2) has
      been
      subject to such filing requirements for the past 90 days.” The Depositor hereby
      represents to the Securities Administrator that the Depositor has filed all
      such
      required reports during the preceding 12 months and that it has been subject
      to
      such filing requirement for the past 90 days. The Depositor shall notify the
      Securities Administrator in writing, no later than the fifth calendar day after
      the related Distribution Date with respect to the filing of a report on Form
      10-D and no later than March 15th
      with
      respect to the filing of a report on Form 10-K, if the answer to the questions
      should be “no.” The Securities Administrator shall be entitled to rely on such
      representations in preparing, executing and/or filing any such
      report.

     

    (b)  (i)For
      so
      long as the Trust Fund is subject to Exchange Act reporting requirements, within
      four (4) Business Days after the occurrence of an event set forth on Exhibit
      N
      hereto or such other event requiring disclosure on Form 8-K (each such event,
      a
“Reportable
      Event”),
      or if
      requested by the Depositor, and subject to receipt of such information by the
      Securities Administrator from the entity indicated on Exhibit N as the
      responsible party for providing that information, the Securities Administrator
      shall prepare and file on behalf of the Trust Fund any Form 8-K, as required
      by
      the Exchange Act, provided
      that the
      Depositor shall file the initial Form 8-K in connection with the issuance of
      the
      Certificates. Any disclosure or information related to a Reportable Event or
      that is otherwise required to be included on Form 8-K other than the initial
      Form 8-K (“Form
      8-K Disclosure Information”)
      shall
      be reported by the parties set forth on Exhibit
      N
      to the
      Depositor and the Securities Administrator and directed and approved by the
      Depositor pursuant to the following paragraph and the Securities Administrator
      will have no duty or liability for any failure hereunder to determine or prepare
      any Form 8-K Disclosure Information or any Form 8-K, except as set forth in
      the
      next paragraph. 

     

    (ii)  As
      set
      forth on Exhibit N hereto, for so long as the Trust is subject to the Exchange
      Act reporting requirements, no later than the close of business (New York City
      time) on the second (2nd) Business Day after the occurrence of a Reportable
      Event (i) the parties to this transaction shall be required to provide to the
      Securities Administrator and to the Depositor, to the extent known by a
      responsible officer thereof, in EDGAR-compatible form, or in such other form
      as
      otherwise agreed upon by the Securities Administrator and such party, the form
      and substance of any Form 8-K Disclosure Information, if applicable, together
      with an Additional Disclosure Notification and (ii) the Depositor will approve,
      as to form and substance, or disapprove, as the case may be, the inclusion
      of
      the Form 8-K Disclosure Information. The Depositor will be responsible for
      any
      reasonable fees and expenses assessed or incurred by the Securities
      Administrator in connection with including any Form 8-K Disclosure Information
      on Form 8-K pursuant to this paragraph.

     

    (iii)  After
      preparing the Form 8-K, the Securities Administrator shall forward
      electronically a copy of the Form 8-K to the Depositor. Promptly, but no later
      than the close of business on the third (3rd) Business Day after the Reportable
      Event, the Depositor shall notify the Securities Administrator in writing (which
      may be furnished electronically) of any changes to or approval of such Form
      8-K.
      In the absence of receipt of any written changes or approval, the Securities
      Administrator shall be entitled to assume that such Form 8-K is in final form
      and the Securities Administrator may proceed with the execution and filing
      of
      the Form 8-K. A duly authorized representative of the Master Servicer shall
      sign
      each Form 8-K. If a Form 8-K cannot be filed on time or if a previously filed
      Form 8-K needs to be amended, the Securities Administrator will follow the
      procedures set forth in Section 5.12(c)(ii). Promptly (but no later than 1
      Business Day) after filing with the Commission, the Securities Administrator
      will, make available on its internet website a final executed copy of each
      Form
      8-K that it has filed. The parties to this Agreement acknowledge that the
      performance by the Master Servicer and the Securities Administrator of its
      duties under this Section 5.12(b) related to the timely preparation, execution
      and filing of Form 8-K is contingent upon such parties strictly observing all
      applicable deadlines in the performance of their duties under this Agreement.
      Neither the Master Servicer nor the Securities Administrator shall have any
      liability for any loss, expense, damage, claim arising out of or with respect
      to
      any failure to properly prepare, execute and/or timely file such Form 8-K,
      where
      such failure results from the Securities Administrator’s inability or failure to
      obtain or receive, on a timely basis, any information from any other party
      hereto needed to prepare, arrange for execution or file such Form 8-K, not
      resulting from its own negligence, bad faith or willful misconduct.

     

    (c)  (i)On
      or
      prior to January 30 of the first year in which the Securities Administrator
      is
      able to do so under applicable law, the Securities Administrator shall prepare
      and file a Form 15 Suspension Notification relating to the automatic suspension
      of reporting in respect of the Trust Fund under the Exchange Act.

     

    (ii)  In
      the
      event that the Securities Administrator is unable to timely file with the
      Commission all or any required portion of any Form 8-K, 10-D or 10-K required
      to
      be filed by this Agreement because required disclosure information was either
      not delivered to it or delivered to it after the delivery deadlines set forth
      in
      this Agreement or for any other reason, the Securities Administrator will
      promptly notify electronically the Depositor. In the case of Form 10-D and
      10-K,
      the parties to this Agreement will cooperate to prepare and file a Form 12b-25
      and a 10-D/A and 10-K/A as applicable, pursuant to Rule 12b-25 of the Exchange
      Act. In the case of Form 8-K, the Securities Administrator will, upon receipt
      of
      all required Form 8-K Disclosure Information and upon the approval and direction
      of the Depositor, include such disclosure information on the next Form 10-D.
      In
      the event that any previously filed Form 8-K, 10-D or 10-K needs to be amended
      in connection with any Additional Form 10-D Disclosure (other than for the
      purpose of restating any monthly report), Additional Form 10-K Disclosure or
      Form 8-K Disclosure Information, the Securities Administrator will
      electronically notify the Depositor and such other parties to the transaction
      as
      are affected by such amendment, and such parties will cooperate to prepare
      any
      necessary 8-K/A, 10-D/A or 10-K/A. Any Form 15, Form 12b-25 or any amendment
      to
      Form 8-K, 10-D or 10-K shall be signed by a duly authorized representative,
      or
      senior officer in charge of master servicing, as applicable, of the Master
      Servicer. The parties to this Agreement acknowledge that the performance by
      the
      Master Servicer and the Securities Administrator of its duties under this
      Section 5.12(c) related to the timely preparation, execution and filing of
      Form
      15, a Form 12b-25 or any amendment to Form 8-K, 10-D or 10-K is contingent
      upon
      each such party performing its duties under this Section. Neither the Master
      Servicer nor the Securities Administrator shall have any liability for any
      loss,
      expense, damage, claim arising out of or with respect to any failure to properly
      prepare, execute and/or timely file any such Form 15, Form 12b-25 or any
      amendments to Forms 8-K, 10-D or 10-K, where such failure results from the
      Securities Administrator’s inability or failure to obtain or receive, on a
      timely basis, any information from any other party hereto needed to prepare,
      arrange for execution or file such Form 15, Form 12b-25 or any amendments to
      Forms 8-K, 10-D or 10-K, not resulting from its own negligence, bad faith or
      willful misconduct.

     

    (d)  (i)For
      so
      long as the trust is subject to Exchange Act reporting requirements, within
      ninety (90) days after the end of each calendar year or such earlier date as
      may
      be required by the Exchange Act (the “10-K
      Filing Deadline”),
      (it
      being understood that the fiscal year for the trust ends on December 31 of
      each
      year) commencing in March 2007, the Securities Administrator shall prepare
      and
      file on behalf of the Trust Fund a Form 10-K, in form and substance as required
      by the Exchange Act. Each such Form 10-K shall include the following items,
      in
      each case to the extent they have been delivered to the Securities Administrator
      within the applicable time frames set forth in this Agreement, (i) an annual
      compliance statement for each Servicing Function Participant (other than the
      Custodian), as described under Section 3.13, (ii)(A) the annual reports on
      assessment of compliance with servicing criteria for each Servicing Function
      Participant, as described under Section 3.14 and the Custodial Agreement, and
      (B) if any Servicing Function Participant’s report on assessment of compliance
      with servicing criteria described under Section 3.14 identifies any material
      instance of noncompliance, disclosure identifying such instance of
      noncompliance, or if any Servicing Function Participant’s report on assessment
      of compliance with servicing criteria described under Section 3.14 is not
      included as an exhibit to such Form 10-K, disclosure that such report is not
      included and an explanation why such report is not included, (iii)(A) the
      registered public accounting firm attestation report for each Servicing Function
      Participant, as described under Section 3.14, and (B) if any registered public
      accounting firm attestation report described under Section 3.14 identifies
      any
      material instance of noncompliance, disclosure identifying such instance of
      noncompliance, or if any such registered public accounting firm attestation
      report is not included as an exhibit to such Form 10-K, disclosure that such
      report is not included and an explanation why such report is not included,
      and
      (iv) a Sarbanes-Oxley Certification as described in Section 3.18. Any disclosure
      or information in addition to (i) through (iv) above that is required to be
      included on Form 10-K as set forth on Exhibit N under Form 10-K (“Additional
      Form 10-K Disclosure”)
      shall
      be reported to the Depositor and the Securities Administrator by the parties
      set
      forth on Exhibit N, and shall be approved by the Depositor pursuant to the
      following paragraph. The Securities Administrator will have no duty or liability
      for any failure hereunder to determine or prepare any Additional Form 10-K
      Disclosure, except as set forth in the next paragraph. 

     

    (ii)  As
      set
      forth on Exhibit N hereto, no later than March 15 of each year that the Trust
      is
      subject to the Exchange Act reporting requirements, commencing in 2007, (i)
      each
      Transaction Party shall be required to provide to the Securities Administrator
      and to the Depositor, to the extent known by a responsible officer thereof,
      in
      EDGAR-compatible form, or in such other form as otherwise agreed upon by the
      Securities Administrator and such party, the form and substance of any
      Additional Form 10-K Disclosure, if applicable, together with an Additional
      Disclosure Notification and (ii) the Depositor will approve, as to form and
      substance, or disapprove, as the case may be, the inclusion of the Additional
      Form 10-K Disclosure on Form 10-K. The Depositor will be responsible for any
      reasonable fees and expenses assessed or incurred by the Securities
      Administrator in connection with including any Additional Form 10-K Disclosure
      on Form 10-K pursuant to this paragraph.

     

    (iii)  After
      preparing the Form 10-K, the Securities Administrator shall, upon request,
      forward electronically a copy of the Form 10-K to the Depositor. Within three
      (3) Business Days after receipt of such copy, but no later than March 25th,
      the
      Depositor shall notify the Securities Administrator in writing (which may be
      furnished electronically) of any changes to or approval of such Form 10-K.
      In
      the absence of receipt of any written changes or approval, or if the Depositor
      does not request a copy of a Form 10-D, the Securities Administrator shall
      be
      entitled to assume that such Form 10-K is in final form and the Securities
      Administrator may proceed with the execution and filing of the Form 10-K. A
      senior officer of the Master Servicer in charge of the master servicing function
      shall sign the Form 10-K. If a Form 10-K cannot be filed on time or if a
      previously filed Form 10-K needs to be amended, the Securities Administrator
      will follow the procedures set forth in Section 5.12(c)(ii). Promptly (but
      no
      later than one (1) Business Day) after filing with the Commission, the
      Securities Administrator will make available on its internet website a final
      executed copy of each Form 10-K to be filed by the Securities Administrator.
      The
      parties to this Agreement acknowledge that the performance by the Master
      Servicer and the Securities Administrator of its duties under this Section
      5.12(d) related to the timely preparation, execution and filing of Form 10-K
      is
      contingent upon such parties (and any Servicing Function Participant) strictly
      observing all applicable deadlines in the performance of their duties under
      this
      Section 5.12(d), Section 3.13, Section 3.14 and Section 3.18. Neither the Master
      Servicer nor the Securities Administrator shall have any liability for any
      loss,
      expense, damage or claim arising out of or with respect to any failure to
      properly prepare and/or timely file such Form 10-K, where such failure results
      from the Securities Administrator’s inability or failure to obtain or receive,
      on a timely basis, any information from any other party hereto needed to
      prepare, arrange for execution or file such Form 10-K, not resulting from its
      own negligence, bad faith or willful misconduct.

     

    (e)  On
      each
      Distribution Date, the Securities Administrator will calculate the PMI Threshold
      Percentage based on information provided by the Servicer and the PMI Insurer.
      The PMI Threshold Percentage will be included in the statement to
      Certificateholders prepared and made available by the Securities Administrator
      pursuant to Section 5.07 of this Agreement. The Depositor will be obligated
      to
      provide to the Securities Administrator any financial statements of or other
      information relating to the PMI Insurer that may be required to be included
      in
      any Form 10-D, Form 8-K or Form 10-K or written notification instructing the
      Securities Administrator that such Additional Disclosure is not necessary for
      such Distribution Date. The Depositor shall be responsible for any reasonable
      fees and expenses assessed or incurred by the Securities Administrator in
      connection with including any Additional Disclosure information pursuant to
      this
      Section.

     

    (f)  The
      Master Servicer, the Depositor, the Custodian, the Sponsor and Securities
      Administrator shall indemnify and hold harmless the Depositor, the Trustee
      and
      their respective officers, directors and Affiliates from and against any losses,
      damages, penalties, fines, forfeitures, reasonable and necessary legal fees
      and
      related costs, judgments and other costs and expenses arising out of or based
      upon a breach of such party’s obligations under this Section 5.12 or such
      party’s negligence, bad faith or willful misconduct in connection therewith.

     

    Notwithstanding
      the provisions of Section 11.01, this Section 5.12 may be amended without the
      consent of the Certificateholders.

     

    Any
      notice required to be delivered by the Securities Administrator to the Depositor
      pursuant to this Sections 3.13, 3.14, 3.18 or 5.12 shall be delivered by the
      Securities Administrator by facsimile and electronic mail to Juliet Buck, Esq.
      at (646) 587-9817 and jbuck@us.nomura.com,
      with a
      copy to John Graham at (646) 587-9592 and jgraham@us.nomura.com
      and a
      copy to N. Dante LaRocca at (646) 587-9804 and dlarocca@us.nomura.com.

     

     

     

    ARTICLE
      VI

    THE
      CERTIFICATES

     

    Section
      6.01  The
      Certificates.

     

    (a)  The
      Certificates shall be substantially in the forms attached hereto as Exhibits
      A-1
      through A-5. The Certificates shall be issuable in registered form, in the
      minimum dollar denominations, integral dollar multiples in excess thereof
      (except that one Certificate of each Class may be issued in a different amount
      which must be in excess of the applicable minimum dollar denomination) and
      aggregate dollar denominations as set forth in the following table:

    

    
      	
              Class

            	
              Minimum
                Denomination

            	
              Integral
                Multiple in Excess of Minimum

            	
              Original
                Certificate Principal Balance

            	
              Pass-Through
                Rate

            
	
              A-1

            	
              $ 25,000

            	
              $1

            	
              $ 133,955,000

            	
              Class
                A-1 Pass-Through Rate

            
	
              A-2

            	
              $ 25,000

            	
              $1

            	
              $ 
                 28,480,000

            	
              Class
                A-2 Pass-Through Rate

            
	
              A-3

            	
              $ 25,000

            	
              $1

            	
              $ 
                 37,886,000

            	
              Class
                A-3 Pass-Through Rate

            
	
              A-4

            	
              $ 25,000

            	
              $1

            	
              $ 
                 50,423,000

            	
              Class
                A-4 Pass-Through Rate

            
	
              A-5

            	
              $ 25,000

            	
              $1

            	
              $ 
                 26,149,000

            	
              Class
                A-5 Pass-Through Rate

            
	
              A-6

            	
              $ 25,000

            	
              $1

            	
              $ 
                 30,670,000

            	
              Class
                A-6 Pass-Through Rate

            
	
              M-1

            	
              $ 25,000

            	
              $1

            	
              $ 
                 11,764,000

            	
              Class
                M-1 Pass-Through Rate

            
	
              M-2

            	
              $ 25,000

            	
              $1

            	
              $ 
                 10,400,000

            	
              Class
                M-2 Pass-Through Rate

            
	
              M-3

            	
              $ 25,000

            	
              $1

            	
              $   
                 5,967,000

            	
              Class
                M-3 Pass-Through Rate

            
	
              M-4

            	
              $ 25,000

            	
              $1

            	
              $   
                 3,410,000

            	
              Class
                M-4 Pass-Through Rate

            
	
              P

            	
              $        
                 1

            	
              $1

            	
              $        
                 100.00

            	
              N/A

            
	
              X

            	
              $        
                 1

            	
              $1

            	
              $

            	
              Class
                X Pass-Through Rate

            
	
              R

            	
              N/A

            	
              N/A

            	
              N/A

            	
              N/A

            

    

    

     

    Upon
      original issue, the Certificates shall be executed and authenticated by the
      Securities Administrator and delivered by the Trustee to and upon the written
      order of the Depositor. The Certificates shall be executed by manual or
      facsimile signature on behalf of the Trust Fund by the Securities Administrator
      by an authorized signatory. Certificates bearing the manual or facsimile
      signatures of individuals who were at any time the proper officers of the
      Securities Administrator shall bind the Trust, notwithstanding that such
      individuals or any of them have ceased to hold such offices prior to the
      authentication and delivery of such Certificates or did not hold such offices
      at
      the date of such Certificates. No Certificate shall be entitled to any benefit
      under this Agreement or be valid for any purpose, unless there appears on such
      Certificate a certificate of authentication substantially in the form provided
      herein executed by the Securities Administrator by manual signature, and such
      certificate of authentication shall be conclusive evidence, and the only
      evidence, that such Certificate has been duly authenticated and delivered
      hereunder. All Certificates shall be dated the date of their
      authentication.

     

    The
      Depositor shall provide, or cause to be provided, to the Securities
      Administrator on a continuous basis, an adequate inventory of Certificates
      to
      facilitate transfers.

     

    (b)  The
      Class
      X Certificates and Class P Certificates offered and sold to Qualified
      Institutional Buyers in reliance on Rule 144A under the Securities Act (“Rule
      144A”) will be issued in the form of Definitive Certificates.

     

    Section
      6.02  Certificate
      Register; Registration of Transfer and Exchange of Certificates.

     

    (a)  The
      Securities Administrator shall maintain, or cause to be maintained in accordance
      with the provisions of Section 6.09, a Certificate Register for the
      Certificates in which, subject to the provisions of subsections (b) and (c)
      below and to such reasonable regulations as it may prescribe, the Securities
      Administrator shall provide for the registration of Certificates and of
      Transfers and exchanges of Certificates as herein provided. Upon surrender
      for
      registration of Transfer of any Certificate, the Securities Administrator shall
      authenticate and deliver, in the name of the designated transferee or
      transferees, one or more new Certificates of the same Class and of like
      aggregate Percentage Interest.

     

    At
      the
      option of a Certificateholder, Certificates may be exchanged for other
      Certificates of the same Class in authorized denominations and evidencing the
      same aggregate Percentage Interest upon surrender of the Certificates to be
      exchanged at the office or agency of the Securities Administrator. Whenever
      any
      Certificates are so surrendered for exchange, the Securities Administrator
      shall
      execute, authenticate, and deliver the Certificates that the Certificateholder
      making the exchange is entitled to receive. Every Certificate presented or
      surrendered for registration of Transfer or exchange shall be accompanied by
      a
      written instrument of Transfer in form satisfactory to the Securities
      Administrator duly executed by the holder thereof or his attorney duly
      authorized in writing.

     

    No
      service charge to the Certificateholders shall be made for any registration
      of
      Transfer or exchange of Certificates, but payment of a sum sufficient to cover
      any tax or governmental charge that may be imposed in connection with any
      Transfer or exchange of Certificates may be required.

     

    All
      Certificates surrendered for registration of Transfer or exchange shall be
      canceled and subsequently destroyed by the Securities Administrator in
      accordance with the Securities Administrator’s customary
      procedures.

     

    (b)  No
      Transfer of a Private Certificate shall be made unless such Transfer is made
      pursuant to an effective registration statement under the Securities Act and
      any
      applicable state securities laws or is exempt from the registration requirements
      under the Securities Act and such state securities laws. In the event that
      a
      Transfer is to be made in reliance upon an exemption from the Securities Act
      and
      such laws, in order to assure compliance with the Securities Act and such laws,
      the Certificateholder desiring to effect such Transfer and such
      Certificateholder’s prospective transferee shall each certify to the Securities
      Administrator in writing the facts surrounding the Transfer in substantially
      the
      forms set forth in Exhibit E (the “Transferor Certificate”) and (x) deliver a
      letter in substantially the form of either Exhibit F (the “Investment Letter”)
      or Exhibit G (the “Rule 144A Letter”) or (y) there shall be delivered to the
      Securities Administrator an Opinion of Counsel, at the expense of the
      transferor, that such Transfer may be made pursuant to an exemption from the
      Securities Act, which Opinion of Counsel shall not be an expense of the
      Depositor, the Sponsor, the Securities Administrator, the Trustee or the Trust
      Fund. The Depositor shall provide to any Holder of a Private Certificate and
      any
      prospective transferee designated by any such Holder, information regarding
      the
      related Certificates and the Mortgage Loans and such other information as shall
      be necessary to satisfy the condition to eligibility set forth in Rule
      144A(d)(4) for Transfer of any such Certificate without registration thereof
      under the Securities Act pursuant to the registration exemption provided by
      Rule
      144A. The Securities Administrator shall cooperate with the Depositor in
      providing the Rule 144A information referenced in the preceding sentence,
      including providing to the Depositor such information regarding the
      Certificates, the Mortgage Loans and other matters regarding the Trust Fund
      as
      the Depositor shall reasonably request to meet its obligation under the
      preceding sentence. Each Holder of a Private Certificate desiring to effect
      such
      Transfer shall, and does hereby agree to, indemnify the Securities
      Administrator, the Depositor and the Sponsor against any liability that may
      result if the Transfer is not so exempt or is not made in accordance with such
      federal and state laws.

     

    No
      Transfer of an ERISA Restricted Certificate shall be made unless the Securities
      Administrator shall have received either (i) a representation from the
      transferee of such Certificate acceptable to and in form and substance
      satisfactory to the Securities Administrator to the effect that such transferee
      is not an employee benefit plan subject to Section 406 of ERISA and/or a
      plan subject to Section 4975 of the Code, or a Person acting on behalf of
      any such plan or using the assets of any such plan, or (ii) in the case of
      any
      such ERISA Restricted Certificate presented for registration in the name of
      an
      employee benefit plan subject to ERISA, or a plan subject to Section 4975
      of the Code (or comparable provisions of any subsequent enactments), or a
      trustee of any such plan or any other person acting on behalf of any such plan,
      an Opinion of Counsel satisfactory to the Securities Administrator for the
      benefit of the Securities Administrator, the Depositor and the Servicer and
      on
      which they may rely to the effect that the purchase and holding of such ERISA
      Restricted Certificate is permissible under applicable law, will not result
      in
      any prohibited transactions under ERISA or Section 4975 of the Code and
      will not subject the Securities Administrator, the Depositor or any Servicer
      to
      any obligation in addition to those expressly undertaken in this Agreement,
      which Opinion of Counsel shall not be an expense of the Securities
      Administrator, the Depositor or any Servicer. Notwithstanding anything else
      to
      the contrary herein, any purported transfer of an ERISA Restricted Certificate
      to or on behalf of an employee benefit plan subject to Section 406 of ERISA
      and/or a plan subject to Section 4975 of the Code other than in compliance
      with the foregoing shall be void and of no effect; provided that the restriction
      set forth in this sentence shall not be applicable if there has been delivered
      to the Securities Administrator an Opinion of Counsel meeting the requirements
      of clause (ii) of the first sentence of this paragraph. The Securities
      Administrator shall not be under any liability to any Person for any
      registration of transfer of any ERISA Restricted Certificate that is in fact
      not
      permitted by this Section 6.02(b) or for making any payments due on such
      Certificate to the Holder thereof or taking any other action with respect to
      such Holder under the provisions of this Agreement. The Securities Administrator
      shall be entitled, but not obligated, to recover from any Holder of any ERISA
      Restricted Certificate that was in fact an employee benefit plan subject to
      Section 406 of ERISA or a plan subject to Section 4975 of the Code or
      a Person acting on behalf of any such plan at the time it became a Holder or,
      at
      such subsequent time as it became such a plan or Person acting on behalf of
      such
      a plan, all payments made on such ERISA Restricted Certificate at and after
      either such time. Any such payments so recovered by the Securities Administrator
      shall be paid and delivered by the Securities Administrator to the last
      preceding Holder of such Certificate that is not such a plan or Person acting
      on
      behalf of a plan.

     

    Each
      beneficial owner of a Mezzanine Certificate or Subordinate Certificate or any
      interest therein shall be deemed to have represented, by virtue of its
      acquisition or holding of that certificate or interest therein, that either
      (i)
      it is not a Plan or investing with “Plan Assets”, (ii) it has acquired and is
      holding such certificate in reliance on the Exemption, and that it understands
      that there are certain conditions to the availability of the Exemption,
      including that the certificate must be rated, at the time of purchase, not
      lower
      than “BBB-“ (or its equivalent) by S&P or Moody’s, and the certificate is so
      rated or (iii) (1) it is an insurance company, (2) the source of funds used
      to
      acquire or hold the certificate or interest therein is an “insurance company
      general account,” as such term is defined in Prohibited Transaction Class
      Exemption (“PTCE”) 95-60 and (3) the conditions in Sections I and III of PTCE
      95-60 have been satisfied.

     

    (c)  (i)
      Each
      Person who has or who acquires any Ownership Interest in a Residual Certificate
      shall be deemed by the acceptance or acquisition of such Ownership Interest
      to
      have agreed to be bound by the following provisions, and the rights of each
      Person acquiring any Ownership Interest in a Residual Certificate are expressly
      subject to the following provisions:

     

    (A)  Each
      Person holding or acquiring any Ownership Interest in a Residual Certificate
      shall be a Permitted Transferee and shall promptly notify the Securities
      Administrator of any change or impending change in its status as a Permitted
      Transferee.

     

    (B)  In
      connection with any proposed Transfer of any Ownership Interest in a Residual
      Certificate, the Securities Administrator shall require delivery to it, and
      shall not register the Transfer of any Residual Certificate until its receipt
      of, an affidavit and agreement (a “Transfer Affidavit and Agreement,” in the
      form attached hereto as Exhibit D) from the proposed Transferee, in form and
      substance satisfactory to the Securities Administrator, representing and
      warranting, among other things, that such Transferee is a Permitted Transferee,
      that it is not acquiring its Ownership Interest in the Residual Certificate
      that
      is the subject of the proposed Transfer as a nominee, trustee or agent for
      any
      Person that is not a Permitted Transferee, that for so long as it retains its
      Ownership Interest in a Residual Certificate, it will endeavor to remain a
      Permitted Transferee, and that it has reviewed the provisions of this
      Section 6.02(d) and agrees to be bound by them.

     

    (C)  Notwithstanding
      the delivery of a Transfer Affidavit and Agreement by a proposed Transferee
      under clause (B) above, if an authorized officer of the Securities Administrator
      who is assigned to this transaction has actual knowledge that the proposed
      Transferee is not a Permitted Transferee, no Transfer of an Ownership Interest
      in a Residual Certificate to such proposed Transferee shall be
      effected.

     

    (D)  Each
      Person holding or acquiring any Ownership Interest in a Residual Certificate
      shall agree (x) to require a Transfer Affidavit and Agreement from any other
      Person to whom such Person attempts to transfer its Ownership Interest in a
      Residual Certificate and (Y) not to transfer its Ownership Interest unless
      it
      provides a Transferor Affidavit (in the form attached hereto as Exhibit E)
      to
      the Securities Administrator stating that, among other things, it has no actual
      knowledge that such other Person is not a Permitted Transferee.

     

    (E)  Each
      Person holding or acquiring an Ownership Interest in a Residual Certificate,
      by
      purchasing an Ownership Interest in such Certificate, agrees to give the
      Securities Administrator written notice that it is a “pass-through interest
      holder” within the meaning of temporary Treasury regulation
      Section 1.67-3T(a)(2)(i)(A) immediately upon acquiring an Ownership
      Interest in a Residual Certificate, if it is, or is holding an Ownership
      Interest in a Residual Certificate on behalf of, a “pass-through interest
      holder.”

     

    (ii)  The
      Securities Administrator will register the Transfer of any Residual Certificate
      only if it shall have received the Transfer Affidavit and Agreement and all
      of
      such other documents as shall have been reasonably required by the Securities
      Administrator as a condition to such registration. In addition, no Transfer
      of a
      Residual Certificate shall be made unless the Securities Administrator shall
      have received a representation letter from the Transferee of such Certificate
      to
      the effect that such Transferee is a Permitted Transferee.

     

    (iii)  (A)
      If any
      purported Transferee shall become a Holder of a Residual Certificate in
      violation of the provisions of this Section 6.02(d), then the last
      preceding Permitted Transferee shall be restored, to the extent permitted by
      law, to all rights as holder thereof retroactive to the date of registration
      of
      such Transfer of such Residual Certificate. The Securities Administrator shall
      be under no liability to any Person for any registration of Transfer of a
      Residual Certificate that is in fact not permitted by this Section 6.02(d)
      or for making any payments due on such Certificate to the holder thereof or
      for
      taking any other action with respect to such holder under the provisions of
      this
      Agreement.

     

    (B)  If
      any
      purported Transferee shall become a holder of a Residual Certificate in
      violation of the restrictions in this Section 6.02(d) and to the extent
      that the retroactive restoration of the rights of the holder of such Residual
      Certificate as described in clause (iii)(A) above shall be invalid, illegal
      or
      unenforceable, then the Securities Administrator shall have the right, without
      notice to the holder or any prior holder of such Residual Certificate, to sell
      such Residual Certificate to a purchaser selected by the Securities
      Administrator on such terms as the Securities Administrator may choose. Such
      purported Transferee shall promptly endorse and deliver each Residual
      Certificate in accordance with the instructions of the Securities Administrator.
      Such purchaser may be the Securities Administrator itself or any Affiliate
      of
      the Securities Administrator. The proceeds of such sale, net of the commissions
      (which may include commissions payable to the Securities Administrator or its
      Affiliates), expenses and taxes due, if any, will be remitted by the Securities
      Administrator to such purported Transferee. The terms and conditions of any
      sale
      under this clause (iii)(B) shall be determined in the sole discretion of the
      Securities Administrator, and the Securities Administrator shall not be liable
      to any Person having an Ownership Interest in a Residual Certificate as a result
      of its exercise of such discretion.

     

    (iv)  The
      Securities Administrator shall make available to the Internal Revenue Service
      and those Persons specified by the REMIC Provisions all information necessary
      to
      compute any tax imposed (A) as a result of the Transfer of an Ownership Interest
      in a Residual Certificate to any Person who is a Disqualified Organization,
      including the information described in Treasury regulations sections
      1.860D-1(b)(5) and 1.860E-2(a)(5) with respect to the “excess inclusions” of
      such Residual Certificate and (B) as a result of any regulated investment
      company, real estate investment trust, common trust fund, partnership, trust,
      estate or organization described in Section 1381 of the Code that holds an
      Ownership Interest in a Residual Certificate having as among its record holders
      at any time any Person which is a Disqualified Organization. Reasonable
      compensation for providing such information may be charged or collected by
      the
      Securities Administrator.

     

    (v)  The
      provisions of this Section 6.02(d) set forth prior to this subsection (v)
      may be modified, added to or eliminated, provided that there shall have been
      delivered to the Securities Administrator at the expense of the party seeking
      to
      modify, add to or eliminate any such provision the following:

     

    (A)  written
      notification from each Rating Agency to the effect that the modification,
      addition to or elimination of such provisions will not cause such Rating Agency
      to downgrade its then-current ratings of any Class of Certificates;
      and

     

    (B)  an
      Opinion of Counsel, in form and substance satisfactory to the Securities
      Administrator, to the effect that such modification of, addition to or
      elimination of such provisions will not cause any REMIC to cease to qualify
      as a
      REMIC and will not cause any REMIC, as the case may be, to be subject to an
      entity-level tax caused by the Transfer of any Residual Certificate to a Person
      that is not a Permitted Transferee or a Person other than the prospective
      transferee to be subject to a REMIC-tax caused by the Transfer of a Residual
      Certificate to a Person that is not a Permitted Transferee.

     

    (d)  Subject
      to the preceding subsections, upon surrender for registration of transfer of
      any
      Certificate at any office or agency of the Securities Administrator maintained
      for such purpose pursuant to Section 9.11, the Securities Administrator
      shall execute, authenticate and deliver, in the name of the designated
      Transferee or Transferees, one or more new Certificates of the same Class of
      a
      like aggregate Percentage Interest.

     

    (e)  At
      the
      option of the Holder thereof, any Certificate may be exchanged for other
      Certificates of the same Class with authorized denominations and a like
      aggregate Percentage Interest, upon surrender of such Certificate to be
      exchanged at any office or agency of the Securities Administrator maintained
      for
      such purpose pursuant to Section 9.11. Whenever any Certificates are so
      surrendered for exchange, the Securities Administrator shall execute,
      authenticate and deliver, the Certificates which the Certificateholder making
      the exchange is entitled to receive. Every Certificate presented or surrendered
      for transfer or exchange shall (if so required by the Securities Administrator)
      be duly endorsed by, or be accompanied by a written instrument of transfer
      in
      the form satisfactory to the Securities Administrator duly executed by, the
      Holder thereof or his attorney duly authorized in writing. In addition, with
      respect to the Class R Certificate, the holder thereof may exchange, in the
      manner described above, such Class R Certificate for two separate certificates,
      each representing such holder's respective Percentage Interest in the Class
      R-1
      Interest and the Class R-2 Interest, respectively, in each case that was
      evidenced by the Class R Certificate being exchanged.

     

    (f)  No
      service charge to the Certificateholders shall be made for any transfer or
      exchange of Certificates, but the Securities Administrator may require payment
      of a sum sufficient to cover any tax or governmental charge that may be imposed
      in connection with any transfer or exchange of Certificates.

     

    (g)  The
      preparation and delivery of all certificates and opinions referred to above
      in
      this Section 6.02 shall not be an expense of the Trust Fund, the Securities
      Administrator, the Depositor or the Sponsor.

     

    (h)  All
      Certificates surrendered for transfer and exchange shall be canceled and
      destroyed by the Securities Administrator in accordance with its customary
      procedures.

     

    Section
      6.03  Mutilated,
      Destroyed, Lost or Stolen Certificates.

     

    If
      (a)
      any mutilated Certificate is surrendered to the Securities Administrator, or
      the
      Securities Administrator receives evidence to its satisfaction of the
      destruction, loss or theft of any Certificate and of the ownership thereof
      and
      (b) there is delivered to the Securities Administrator such security or
      indemnity as may be required by them to save each of them harmless, then, in
      the
      absence of notice to the Securities Administrator that such Certificate has
      been
      acquired by a bona fide purchaser, the Securities Administrator shall execute,
      authenticate and deliver, in exchange for or in lieu of any such mutilated,
      destroyed, lost or stolen Certificate, a new Certificate of like Class, tenor
      and Percentage Interest. In connection with the issuance of any new Certificate
      under this Section 6.03, the Securities Administrator may require the
      payment of a sum sufficient to cover any tax or other governmental charge that
      may be imposed in relation thereto and any other expenses (including the fees
      and expenses of the Securities Administrator) connected therewith. Any
      replacement Certificate issued pursuant to this Section 6.03 shall
      constitute complete and indefeasible evidence of ownership in the Trust Fund,
      as
      if originally issued, whether or not the lost, stolen or destroyed Certificate
      shall be found at any time. All Certificates surrendered to the Securities
      Administrator under the terms of this Section 6.03 shall be canceled and
      destroyed by the Securities Administrator in accordance with its standard
      procedures without liability on its part.

     

    Section
      6.04  Persons
      Deemed Owners.

     

    The
      Depositor, the Servicer, the Trustee, the Master Servicer, the Securities
      Administrator and any of their agents may treat the person in whose name any
      Certificate is registered as the owner of such Certificate for the purpose
      of
      receiving distributions as provided in this Agreement and for all other purposes
      whatsoever, and none of the Depositor, the Servicer, the Trustee, the Master
      Servicer, the Securities Administrator nor any of their agents shall be affected
      by any notice to the contrary.

     

    Section
      6.05  Access
      to List of Certificateholders’ Names and Addresses.

     

    If
      three
      or more Certificateholders (a) request such information in writing from the
      Securities Administrator, (b) state that such Certificateholders desire to
      communicate with other Certificateholders with respect to their rights under
      this Agreement or under the Certificates, and (c) provide a copy of the
      communication that such Certificateholders propose to transmit or if the
      Depositor shall request such information in writing from the Securities
      Administrator, then the Securities Administrator shall, within ten Business
      Days
      after the receipt of such request, provide the Depositor or such
      Certificateholders at such recipients’ expense the most recent list of the
      Certificateholders of the Trust Fund held by the Securities Administrator,
      if
      any. The Depositor and every Certificateholder, by receiving and holding a
      Certificate, agree that the Securities Administrator shall not be held
      accountable by reason of the disclosure of any such information as to the list
      of the Certificateholders hereunder, regardless of the source from which such
      information was derived.

     

    Section
      6.06  Book-Entry
      Certificates.

     

    The
      Regular Certificates, upon original issuance, shall be issued in the form of
      one
      or more typewritten Certificates representing the Book- Entry Certificates,
      to
      be delivered to the Depository by or on behalf of the Depositor. Such
      Certificates shall initially be registered on the Certificate Register in the
      name of the Depository or its nominee, and no Certificate Owner of such
      Certificates will receive a definitive certificate representing such Certificate
      Owner’s interest in such Certificates, except as provided in Section 6.08.
      Unless and until definitive, fully registered Certificates (“Definitive
      Certificates”) have been issued to the Certificate Owners of such Certificates
      pursuant to Section 6.08:

     

    (a)  the
      provisions of this Section shall be in full force and effect;

     

    (b)  the
      Depositor and the Securities Administrator may deal with the Depository and
      the
      Depository Participants for all purposes (including the making of distributions)
      as the authorized representative of the respective Certificate Owners of such
      Certificates;

     

    (c)  registration
      of the Book-Entry Certificates may not be transferred by the Securities
      Administrator except to another Depository;

     

    (d)  the
      rights of the respective Certificate Owners of such Certificates shall be
      exercised only through the Depository and the Depository Participants and shall
      be limited to those established by law and agreements between the Owners of
      such
      Certificates and the Depository and/or the Depository Participants. Pursuant
      to
      the Depository Agreement, unless and until Definitive Certificates are issued
      pursuant to Section 6.08, the Depository will make book-entry transfers
      among the Depository Participants and receive and transmit distributions of
      principal and interest on the related Certificates to such Depository
      Participants;

     

    (e)  the
      Depository may collect its usual and customary fees, charges and expenses from
      its Depository Participants;

     

    (f)  the
      Depositor, the Servicer, the Trustee, the Master Servicer and the Securities
      Administrator may rely and shall be fully protected in relying upon information
      furnished by the Depository with respect to its Depository Participants;
      and

     

    (g)  to
      the
      extent that the provisions of this Section conflict with any other
      provisions of this Agreement, the provisions of this Section shall
      control.

     

    For
      purposes of any provision of this Agreement requiring or permitting actions
      with
      the consent of, or at the direction of, Certificateholders evidencing a
      specified percentage of the aggregate unpaid principal amount of any Class
      of
      Certificates, such direction or consent may be given by Certificate Owners
      (acting through the Depository and the Depository Participants) owning
      Book-Entry Certificates evidencing the requisite percentage of principal amount
      of such Class of Certificates.

     

    Section
      6.07  Notices
      to Depository.

     

    Whenever
      any notice or other communication is required to be given to Certificateholders
      of a Class with respect to which Book-Entry Certificates have been issued,
      unless and until Definitive Certificates shall have been issued to the related
      Certificate Owners, the Securities Administrator shall give all such notices
      and
      communications to the Depository.

     

    Section
      6.08  Definitive
      Certificates.

     

    If,
      after
      Book-Entry Certificates have been issued with respect to any Certificates,
      (a)
      the Depositor or the Depository advises the Securities Administrator that the
      Depository is no longer willing or able to discharge properly its
      responsibilities under the Depository Agreement with respect to such
      Certificates and the Securities Administrator or the Depositor is unable to
      locate a qualified successor, (b) the Depositor, at its sole option, advises
      the
      Securities Administrator that it elects to terminate the book-entry system
      with
      respect to such Certificates through the Depository or (c) after the occurrence
      and continuation of either of the events described in clauses (a) or (b) above,
      Certificate Owners of such Book-Entry Certificates having not less than fifty
      one percent (51%) of the Voting Rights evidenced by any Class of Book-Entry
      Certificates advise the Securities Administrator and the Depository in writing
      through the Depository Participants that the continuation of a book-entry system
      with respect to Certificates of such Class through the Depository (or its
      successor) is no longer in the best interests of the Certificate Owners of
      such
      Class, then the Securities Administrator shall notify all Certificate Owners
      of
      such Certificates, through the Depository, of the occurrence of any such event
      and of the availability of Definitive Certificates to applicable Certificate
      Owners requesting the same. The Depositor shall provide the Securities
      Administrator with an adequate inventory of certificates to facilitate the
      issuance and transfer of Definitive Certificates. Upon surrender to the
      Securities Administrator of any such Certificates by the Depository, accompanied
      by registration instructions from the Depository for registration, the
      Securities Administrator shall countersign and deliver such Definitive
      Certificates. Neither the Depositor nor the Securities Administrator shall
      be
      liable for any delay in delivery of such instructions and each may conclusively
      rely on, and shall be protected in relying on, such instructions. Upon the
      issuance of such Definitive Certificates, all references herein to obligations
      imposed upon or to be performed by the Depository shall be deemed to be imposed
      upon and performed by the Securities Administrator, to the extent applicable
      with respect to such Definitive Certificates and the Securities Administrator
      shall recognize the Holders of such Definitive Certificates as
      Certificateholders hereunder.

     

    Section
      6.09  Maintenance
      of Office or Agency.

     

    Certificates
      may be surrendered for registration of transfer or exchange at the applicable
      Corporate Trust Office of the Securities Administrator. The Securities
      Administrator will give prompt written notice to the Certificateholders of
      any
      change in such location of any such office or agency.

     

     

     

    ARTICLE
      VII

    THE
      DEPOSITOR AND THE MASTER SERVICER

     

    Section
      7.01  Liabilities
      of the Depositor and the Master Servicer.

     

    Each
      of
      the Depositor and the Master Servicer shall be liable in accordance herewith
      only to the extent of the obligations specifically imposed upon and undertaken
      by it herein.

     

    Section
      7.02  Merger
      or Consolidation of the Depositor or the Master Servicer.

     

    (a)  Subject
      to subsection (b) below, the Depositor will keep in full force and effect its
      rights and franchises as a corporation under the laws of the jurisdiction of
      its
      incorporation. Subject to the following paragraph, the Master Servicer shall
      keep in full force and effect its existence, rights and franchises as a
      corporation under the laws of the jurisdiction of its formation. The Depositor
      and the Master Servicer each will obtain and preserve its qualification to
      do
      business as a foreign corporation in each jurisdiction in which such
      qualification is or shall be necessary to protect the validity and
      enforceability of this Agreement, the Certificates or any of the Mortgage Loans
      and to perform its respective duties under this Agreement.

     

    (b)  The
      Depositor or the Master Servicer may be merged or consolidated, or any person
      resulting from any merger or consolidation to which the Depositor or the Master
      Servicer shall be a party, or any Person succeeding to the business of the
      Depositor or the Master Servicer shall be the successor of the Depositor or
      the
      Master Servicer hereunder, without the execution or filing of any paper or
      further act on the part of any of the parties hereto, anything herein to the
      contrary notwithstanding.

     

    Section
      7.03  Indemnification
      of the Depositor and Servicing Function Participants.

     

    (a)  The
      Depositor agrees to indemnify the Indemnified Persons for, and to hold them
      harmless against, any loss, liability or expense (including reasonable legal
      fees and disbursements of counsel) incurred on their part that may be sustained
      in connection with, arising out of, or relating to, any claim or legal action
      (including any pending or threatened claim or legal action) relating to this
      Agreement or the Certificates (i) related to the Depositor’s failure to perform
      its duties in compliance with this Agreement (except as any such loss, liability
      or expense shall be otherwise reimbursable pursuant to this Agreement) or (ii)
      incurred by reason of the Depositor’s willful misfeasance, bad faith or gross
      negligence in the performance of duties hereunder or by reason of reckless
      disregard of obligations and duties hereunder. This indemnity shall survive
      the
      resignation of and the termination of this Agreement.

     

    (b)  [Reserved]

     

    (c)  Each
      of
      the Depositor, Master Servicer, Securities Administrator and any Servicing
      Function Participant engaged by such party, respectively, shall indemnify and
      hold harmless the Master Servicer, the Securities Administrator, the Trustee
      and
      the Depositor, respectively, and each of its directors, officers, employees,
      agents, and affiliates from and against any and all claims, losses, damages,
      penalties, fines, forfeitures, reasonable legal fees and related costs,
      judgments and other costs and expenses arising out of or based upon (a) any
      breach by such party of any if its obligations hereunder, including particularly
      its obligations to provide any Assessment of Compliance, Attestation Report,
      Compliance Statement or any information, data or materials required to be
      included in any 1934 Act report, (b) any material misstatement or omission
      in
      any information, data or materials provided by such party (or, in the case
      of
      the Securities Administrator or Master Servicer, any material misstatement
      or
      material omission in (i) any Compliance Statement, Assessment of Compliance
      or
      Attestation Report delivered by it, or by any Servicing Function Participant
      engaged by it, pursuant to this Agreement, or (ii) any Additional Form 10-D
      Disclosure, Additional Form 10-K Disclosure or Form 8-K Disclosure concerning
      the Master Servicer or the Securities Administrator), or (c) the negligence,
      bad
      faith or willful misconduct of such indemnifying party in connection with its
      performance hereunder. If the indemnification provided for in this Section
      11.03(e) is unavailable or insufficient to hold harmless the Master Servicer,
      the Securities Administrator or the Depositor, as the case may be, then each
      such party agrees that it shall contribute to the amount paid or payable by
      the
      Master Servicer, the Securities Administrator or the Depositor, as applicable,
      as a result of any claims, losses, damages or liabilities incurred by such
      party
      in such proportion as is appropriate to reflect the relative fault of the
      indemnified party on the one hand and the indemnifying party on the other.
      This
      indemnification shall survive the termination of this Agreement or the
      termination of any party to this Agreement.

     

    Section
      7.04  Limitations
      on Liability of the Depositor, Securities Administrator, Master Servicer,
      Servicer and Others.

     

    Subject
      to the obligation of the Depositor to indemnify the Indemnified Persons pursuant
      to Section 7.03 and the Servicer’s indemnification obligations under the
      Servicing Agreement:

     

    (a)  None
      of
      the Depositor, the Securities Administrator, the Master Servicer or any of
      the
      directors, officers, employees or agents of the Depositor, the Securities
      Administrator, the Master Servicer and the Servicer shall be under any liability
      to the Indemnified Persons, the Trust Fund or the Certificateholders for taking
      any action or for refraining from taking any action in good faith pursuant
      to
      this Agreement or the Servicing Agreement, as applicable, or for errors in
      judgment; provided, however, that this provision shall not protect the
      Depositor, the Securities Administrator, the Master Servicer or any such Person
      against any breach of warranties, representations or covenants made herein
      or
      under the Servicing Agreement or against any specific liability imposed on
      any
      such Person pursuant hereto or against any liability which would otherwise
      be
      imposed by reason of such Person’s willful misfeasance, bad faith or gross
      negligence in the performance of duties or by reason of reckless disregard
      of
      obligations and duties hereunder or under the Servicing Agreement.

     

    (b)  The
      Depositor, the Securities Administrator, the Master Servicer, the Servicer
      and
      any director, officer, employee or agent of the Depositor, the Securities
      Administrator and the Master Servicer may rely in good faith on any document
      of
      any kind prima facie properly executed and submitted by any Person respecting
      any matters arising hereunder or under the Servicing Agreement.

     

    (c)  The
      Depositor, the Securities Administrator, the Master Servicer, the Servicer,
      the
      Trustee, the Custodian and any director, officer, employee or agent of the
      Depositor, the Securities Administrator, the Master Servicer, the Servicer,
      the
      Trustee or the Custodian shall be indemnified by the Trust Fund and held
      harmless thereby against any loss, liability or expense (including reasonable
      legal fees and disbursements of counsel) incurred on their part that may be
      sustained in connection with, arising out of, or relating to this Agreement,
      the
      Servicing Agreement, the Custodial Agreement or the Certificates (including
      any
      pending or threatened claim or legal action), other than (i) with respect to
      the
      Servicer, such loss, liability or expense related to the Servicer’s failure to
      perform its duties in compliance with the Servicing Agreement (except as any
      such loss, liability or expense shall be otherwise reimbursable pursuant to
      this
      Agreement) or, with respect to the Custodian, to the Custodian’s failure to
      perform its duties under the Custodial Agreement, (ii) with respect to the
      Servicer, any such loss, liability or expense incurred by reason of the
      Servicer’s willful misfeasance, bad faith or gross negligence in the performance
      of its duties under the Servicing Agreement or (iii) with respect to the
      Custodian, any such loss, liability or expense incurred by reason of the
      Custodian’s willful misfeasance, bad faith or gross negligence in the
      performance of its duties hereunder.

     

    (d)  The
      Depositor, the Securities Administrator, the Servicer or the Master Servicer
      shall not be under any obligation to appear in, prosecute or defend any legal
      action that is not incidental to its duties under this Agreement or the
      Servicing Agreement and that in its opinion may involve it in any expense or
      liability; provided, however, that each of the Depositor, the Securities
      Administrator, the Servicer and the Master Servicer may in its discretion,
      undertake any such action which it may deem necessary or desirable with respect
      to this Agreement and the Servicing Agreement and the rights and duties of
      the
      parties hereto and the interests of the Certificateholders hereunder and under
      the Servicing Agreement. In such event, the legal expenses and costs of such
      action and any liability resulting therefrom (except any loss, liability or
      expense incurred by reason of willful misfeasance, bad faith or gross negligence
      in the performance of duties hereunder or under the Servicing Agreement or
      by
      reason of reckless disregard of obligations and duties hereunder or under the
      Servicing Agreement) shall be expenses, costs and liabilities of the Trust
      Fund,
      and the Depositor, the Securities Administrator, the Servicer and the Master
      Servicer shall be entitled to be reimbursed therefor out of the Distribution
      Account as provided by Section 3.27 or Section 3.32, as applicable. Nothing
      in this Subsection 7.04(d) shall affect the Master Servicer’s obligation to take
      such actions as are necessary to ensure the servicing and administration of
      the
      Mortgage Loans pursuant to this Agreement.

     

    (e)  In
      taking
      or recommending any course of action pursuant to this Agreement, unless
      specifically required to do so pursuant to this Agreement, the Trustee shall
      not
      be required to investigate or make recommendations concerning potential
      liabilities which the Trust might incur as a result of such course of action
      by
      reason of the condition of the Mortgaged Properties.

     

    (f)  The
      Trustee shall not be liable for any acts or omissions of the Master Servicer,
      Servicer, the Depositor or the Custodian.

     

    Section
      7.05  Reserved.

     

    Section
      7.06  Appointment
      of Special Servicer.

     

    The
      Sponsor may, at its option, appoint a special servicer with respect to certain
      of the Mortgage Loans. The Sponsor and the Servicer shall negotiate in good
      faith with any proposed special servicer with respect to the duties and
      obligations of such special servicer with respect to any such Mortgage Loan.
      Any
      Subservicing Agreement shall contain terms and provisions not inconsistent
      with
      this Agreement and the Servicing Agreement and shall obligate the special
      servicer to service such Mortgage Loans in accordance with standard of care
      set
      forth in the Servicing Agreement. The fee payable to the special servicer for
      the performance of such duties and obligations will paid from the Servicing
      Fee
      collected by the Servicer with respect to each such Mortgage Loan and will
      be
      remitted to such special servicer by the Servicer.

     

    Section
      7.07  Limitation
      on Resignation of the Master Servicer.

     

    The
      Master Servicer shall not resign from the obligations and duties hereby imposed
      on it except upon determination that its duties hereunder are no longer
      permissible under applicable law. Any such determination pursuant to the
      preceding sentence permitting the resignation of the Master Servicer shall
      be
      evidenced by an Opinion of Counsel to such effect obtained at the expense of
      the
      Master Servicer and delivered to the Trustee and the Rating Agencies. No
      resignation of the Master Servicer shall become effective until the Trustee
      or a
      successor Master Servicer meeting the criteria specified in Section 7.08
      shall have assumed the Master Servicer’s responsibilities, duties, liabilities
      (other than those liabilities arising prior to the appointment of such
      successor) and obligations under this Agreement.

     

    Section
      7.08  Assignment
      of Master Servicing.

     

    The
      Master Servicer may sell and assign its rights and delegate its duties and
      obligations in its entirety as Master Servicer under this Agreement; provided,
      however, that: (i) the purchaser or transferee accepting such assignment and
      delegation and assuming the obligations of the Master Servicer hereunder (a)
      shall have a net worth of not less than $15,000,000 (unless otherwise approved
      by each Rating Agency pursuant to clause (ii) below); (b) shall be reasonably
      satisfactory to the Trustee (as evidenced in a writing signed by the Trustee);
      and (c) shall execute and deliver to the Trustee an agreement, in form and
      substance reasonably satisfactory to the Trustee, which contains an assumption
      by such Person of the due and punctual performance and observance of each
      covenant and condition to be performed or observed by it as master servicer
      under this Agreement, any custodial agreement from and after the effective
      date
      of such agreement; (ii) each Rating Agency shall be given prior written notice
      of the identity of the proposed successor to the Master Servicer and each Rating
      Agency’s rating of the Certificates in effect immediately prior to such
      assignment, sale and delegation will not be downgraded, qualified or withdrawn
      as a result of such assignment, sale and delegation, as evidenced by a letter
      to
      such effect delivered to the Master Servicer and the Trustee; and (iii) the
      Master Servicer assigning the master servicing shall deliver to the Trustee
      an
      officer’s certificate and an Opinion of Independent counsel, each stating that
      all conditions precedent to such action under this Agreement have been completed
      and such action is permitted by and complies with the terms of this Agreement.
      No such assignment or delegation shall affect any liability of the Master
      Servicer arising out of acts or omissions prior to the effective date
      thereof.

     

    Section
      7.09  Rights
      of the Depositor in Respect of the Master Servicer.

     

    The
      Master Servicer shall afford the Depositor and the Trustee, upon reasonable
      notice, during normal business hours, access to all records maintained by the
      Master Servicer in respect of the Master Servicer’s rights and obligations
      hereunder and access to officers of the Master Servicer responsible for such
      obligations. Upon request, the Master Servicer shall furnish to the Depositor
      and the Trustee its most recent financial statements and such other information
      relating to the Master Servicer’s capacity to perform its obligations under this
      Agreement as it possesses. To the extent the Depositor and the trustee are
      informed that such information is not otherwise available to the public, the
      Depositor and the Trustee shall not disseminate any information obtained
      pursuant to the preceding two sentences without the Master Servicer’s written
      consent, except as required pursuant to this Agreement or to the extent that
      it
      is appropriate to do so (i) to its legal counsel, auditors, taxing authorities
      or other governmental agencies and the Certificateholders, (ii) pursuant to
      any
      law, rule, regulation, order, judgment, writ, injunction or decree of any court
      or governmental authority having jurisdiction over the Depositor and the Trustee
      or the Trust Fund, and in any case, the Depositor or the Trustee, (iii)
      disclosure of any and all information that is or becomes publicly known, or
      information obtained by the Trustee from sources other than the Depositor or
      the
      Master Servicer, (iv) disclosure as required pursuant to this Agreement or
      (v)
      disclosure of any and all information (A) in any preliminary or final offering
      circular, registration statement or contract or other document pertaining to
      the
      transactions contemplated by the Agreement approved in advance by the Depositor
      or the Master Servicer or (B) to any affiliate, independent or internal auditor,
      agent, employee or attorney of the Trustee having a need to know the same,
      provided that the Trustee advises such recipient of the confidential nature
      of
      the information being disclosed, shall use its best efforts to assure the
      confidentiality of any such disseminated non-public information. Nothing in
      this
      Section 7.09 shall limit the obligation of the Master Servicer to comply
      with any applicable law prohibiting disclosure of information regarding the
      Mortgagors and the failure of the Master Servicer to provide access as provided
      in this Section 7.09 as a result of such obligation shall not constitute a
      breach of this Section. Nothing in this Section 7.09 shall require the
      Master Servicer to collect, create, collate or otherwise generate any
      information that it does not generate in its usual course of business. The
      Master Servicer shall not be required to make copies of or ship documents to
      any
      party unless provisions have been made for the reimbursement of the costs
      thereof. The Depositor may, but is not obligated to, enforce the obligations
      of
      the Master Servicer under this Agreement and may, but is not obligated to,
      perform, or cause a designee to perform, any defaulted obligation of the Master
      Servicer under this Agreement or exercise the rights of the Master Servicer
      under this Agreement; provided that the Master Servicer shall not be relieved
      of
      any of its obligations under this Agreement by virtue of such performance by
      the
      Depositor or its designee. The Depositor shall not have any responsibility
      or
      liability for any action or failure to act by the Master Servicer and is not
      obligated to supervise the performance of the Master Servicer under this
      Agreement or otherwise.

     

     

     

    ARTICLE
      VIII

    DEFAULT;
      TERMINATION OF SERVICER AND MASTER SERVICER

     

    Section
      8.01  Events
      of Default.

     

    In
      case
      one or more events of default by the Servicer under the Servicing Agreement
      (each, a “Servicer Default”) shall occur and be continuing, then, and in each
      and every such case, so long as a Servicer Default shall not have been remedied,
      the Master Servicer shall notify the Trustee and the Trustee, by notice in
      writing to the defaulting Servicer, shall with respect to a payment default
      by
      the Servicer pursuant to the Servicing Agreement and, upon the occurrence and
      continuance of any other Servicer Default, may, and, at the written direction
      of
      Certificateholders evidencing not less than 25% of the Voting Rights shall,
      in
      addition to whatever rights the Trustee on behalf of the Certificateholders
      may
      have under this Agreement and the Servicing Agreement and at law or equity
      to
      damages, including injunctive relief and specific performance, terminate all
      the
      rights and obligations of the defaulting Servicer under the Agreement and in
      and
      to the Mortgage Loans and the proceeds thereof without compensating the
      defaulting Servicer for the same with respect to a default by the Servicer.
      On
      or after the receipt by the defaulting Servicer of such written notice, all
      authority and power of the Servicer under the Servicing Agreement whether with
      respect to the Mortgage Loans or otherwise, shall pass to and be vested in
      the
      Trustee. Upon receipt of the above-mentioned termination notice, the defaulting
      Servicer shall prepare, execute and deliver, any and all documents and other
      instruments, place in the Trustee’s (or its Custodian’s) possession all Mortgage
      Files relating to the related Mortgage Loans, and do or accomplish all other
      acts or things necessary or appropriate to effect the purposes of such notice
      of
      termination, whether to complete the transfer and endorsement or assignment
      of
      the related Mortgage Loans and related documents, or otherwise, at the
      Servicer’s sole expense. The defaulting Servicer shall cooperate with the
      Trustee in effecting the termination of the Servicer’s responsibilities and
      rights under the Servicing Agreement including, without limitation, the transfer
      to such successor for administration by it of all cash amounts which shall
      at
      the time be credited by the defaulting Servicer to the Custodial Account or
      thereafter received with respect to the related Mortgage Loans or any related
      REO Property (provided, however, that the defaulting Servicer shall continue
      to
      be entitled to receive all amounts accrued or owing to it under the Servicing
      Agreement on or prior to the date of such termination, whether in respect of
      Advances, Servicing Advances, accrued and unpaid Servicing Fees or otherwise.
      The Trustee shall not have knowledge of any Servicer Default unless a
      Responsible Officer of the Trustee has actual knowledge or unless written notice
      of the Servicer Default is received by the Trustee at its address for notice
      and
      such notice references the Certificates, the Trust Fund or this
      Agreement.

     

    (a)  In
      case
      one or more of the following events of default by the Master Servicer (each,
      a
“Master Servicer Default”) shall occur and be continuing, that is to
      say:

     

    (i)  any
      failure on the part of the Master Servicer duly to observe or perform in any
      material respect any other of the covenants or agreements on the part of the
      Master Servicer contained in this Agreement, or the breach by the Master
      Servicer of any representation and warranty contained in Section 2.03,
      which continues unremedied for a period of thirty (30) days after the date
      on
      which written notice of such failure, requiring the same to be remedied, shall
      have been given to the Master Servicer by the Depositor or the Trustee or to
      the
      Master Servicer, the Depositor and the Trustee by the Holders of Certificates
      entitled to at least twenty-five percent (25%) of the Voting Rights;
      or

     

    (ii)  a
      decree
      or order of a court or agency or supervisory authority having jurisdiction
      in
      the premises in an involuntary case under any present or future federal or
      state
      bankruptcy, insolvency or similar law or the appointment of a conservator or
      receiver or liquidator in any insolvency, readjustment of debt, marshalling
      of
      assets and liabilities or similar proceeding, or for the winding-up or
      liquidation of its affairs, shall have been entered against the Master Servicer
      and such decree or order shall have remained in force undischarged or unstayed
      for a period of ninety (90) days; or

     

    (iii)  the
      Master Servicer shall consent to the appointment of a conservator or receiver
      or
      liquidator in any insolvency, readjustment of debt, marshalling of assets and
      liabilities or similar proceedings of or relating to it or of or relating to
      all
      or substantially all of its property; or

     

    (iv)  the
      Master Servicer shall admit in writing its inability to pay its debts generally
      as they become due, file a petition to take advantage of any applicable
      insolvency or reorganization statute, make an assignment for the benefit of
      its
      creditors, or voluntarily suspend payment of its obligations; or

     

    (v)  so
      long
      as the Trust Fund is subject to Exchange Act reporting requirements, failure
      by
      the Master Servicer to duly perform, within the required time period, its
      obligations under Sections 3.13, 3.14, 3.18 or 5.12.

     

    If
      a
      Master Servicer Default shall occur, then, and in each and every such case,
      so
      long as such Master Servicer Default shall not have been remedied, the Depositor
      or the Trustee may, and at the written direction of the Holders of Certificates
      entitled to at least 51% of Voting Rights, the Trustee shall, by notice in
      writing to the Master Servicer (and to the Depositor if given by the Trustee
      or
      to the Trustee if given by the Depositor) with a copy to each Rating Agency,
      terminate all of the rights and obligations of the Master Servicer in its
      capacity as Master Servicer under this Agreement, to the extent permitted by
      law, and in and to the Mortgage Loans and the proceeds thereof. On or after
      the
      receipt by the Master Servicer of such written notice, all authority and power
      of the Master Servicer under this Agreement, whether with respect to the
      Certificates (other than as a Holder of any Certificate) or the Mortgage Loans
      or otherwise including, without limitation, the compensation payable to the
      Master Servicer under this Agreement, shall pass to and be vested in the Trustee
      pursuant to and under this Section, and, without limitation, the Trustee is
      hereby authorized and empowered, as attorney-in-fact or otherwise, to execute
      and deliver, on behalf of and at the expense of the Master Servicer, any and
      all
      documents and other instruments and to do or accomplish all other acts or things
      necessary or appropriate to effect the purposes of such notice of termination,
      whether to complete the transfer and endorsement or assignment of the Mortgage
      Loans and related documents, or otherwise. The Master Servicer agrees promptly
      (and in any event no later than ten Business Days subsequent to such notice)
      to
      provide the Trustee with all documents and records requested by it to enable
      it
      to assume the Master Servicer’s functions under this Agreement, and to cooperate
      with the Trustee in effecting the termination of the Master Servicer’s
      responsibilities and rights under this Agreement (provided, however, that the
      Master Servicer shall continue to be entitled to receive all amounts accrued
      or
      owing to it under this Agreement on or prior to the date of such termination
      and
      shall continue to be entitled to the benefits of Section 7.03,
      notwithstanding any such termination, with respect to events occurring prior
      to
      such termination). For purposes of this Section 8.01, the Trustee shall not
      be deemed to have knowledge of a Master Servicer Default unless a Responsible
      Officer of the Trustee assigned to and working in the Trustee’s Corporate Trust
      Office has actual knowledge thereof or unless written notice of any event which
      is in fact such a Master Servicer Default is received by the Trustee and such
      notice references the Certificates, the Trust Fund or this Agreement. The
      Trustee shall promptly notify the Rating Agencies of the occurrence of a Master
      Servicer Default of which it has knowledge as provided above.

     

    To
      the
      extent that the costs and expenses of the Trustee related to the termination
      of
      the Master Servicer, appointment of a successor Master Servicer or the transfer
      and assumption of the master servicing by the Trustee (including, without
      limitation, (i) all legal costs and expenses and all due diligence costs and
      expenses associated with an evaluation of the potential termination of the
      Master Servicer as a result of a Master Servicer Default and (ii) all costs
      and
      expenses associated with the complete transfer of the master servicing,
      including all servicing files and all servicing data and the completion,
      correction or manipulation of such servicing data as may be required by the
      successor Master Servicer to correct any errors or insufficiencies in the
      servicing data or otherwise to enable the successor Master Servicer to master
      service the Mortgage Loans in accordance with this Agreement) are not fully
      and
      timely reimbursed by the terminated Master Servicer, the Trustee shall be
      entitled to reimbursement of such costs and expenses from the Distribution
      Account.

     

    Neither
      the Trustee nor any other successor master servicer shall be deemed to be in
      default hereunder by reason of any failure to make, or any delay in making,
      any
      distribution hereunder or any portion thereof or any failure to perform, or
      any
      delay in performing, any duties or responsibilities hereunder, in either case
      caused by the failure of the Master Servicer to deliver or provide, or any
      delay
      in delivering or providing, any cash, information, documents or records to
      it.

     

    Notwithstanding
      the above, the Trustee may, if it shall be unwilling to continue to so act,
      or
      shall, if it is unable to so act, petition a court of competent jurisdiction
      to
      appoint, or appoint on its own behalf, any established housing and home finance
      institution servicer, master servicer, servicing or mortgage servicing
      institution having a net worth of not less than $15,000,000 and meeting such
      other standards for a successor master servicer as are set forth in this
      Agreement, as the successor to such Master Servicer in the assumption of all
      of
      the responsibilities, duties or liabilities of a master servicer, like the
      Master Servicer.

     

    Section
      8.02  Master
      Servicer to Act; Appointment of Successor.

     

    On
      and
      after the time the Servicer receives a notice of termination pursuant to
      Section 8.01, the Trustee shall become the successor to the Servicer with
      respect to the transactions set forth or provided for herein and after a
      transition period (not to exceed 90 days), shall be subject to all the
      responsibilities, duties and liabilities relating thereto placed on the Servicer
      by the terms and provisions of the Servicing Agreement, including, the
      obligation to make Advances, except as otherwise provided herein; provided,
      however, that the Trustee’s obligation to make Advances in its capacity as
      Successor Servicer shall not be subject to such 90 day transition period and
      the
      Trustee will make any Advance required to be made by the terminated Servicer
      on
      the Distribution Date on which the terminated Servicer was required to make
      such
      Advance. Effective on the date of such notice of termination, as compensation
      therefor, the Trustee shall be entitled to all fees, costs and expenses relating
      to the Mortgage Loans that the terminated Servicer would have been entitled
      to
      if it had continued to act as Servicer under the Servicing Agreement, provided,
      however, that the Trustee shall not be (i) liable for any acts or omissions
      of
      the terminated Servicer, (ii) obligated to make Advances if it is prohibited
      from doing so under applicable law or determines that such Advance, if made,
      would constitute a Nonrecoverable Advance, (iii) responsible for expenses of
      the
      terminated Servicer or (iv) obligated to deposit losses on any Permitted
      Investment directed by the terminated Servicer. 

     

    Notwithstanding
      the foregoing, the Trustee may, if it shall be unwilling to so act, or shall,
      if
      it is prohibited by applicable law from making Advances pursuant to this
      Agreement or if it is otherwise unable to so act, appoint, or petition a court
      of competent jurisdiction to appoint, any established mortgage loan servicing
      institution the appointment of which does not adversely affect the then current
      rating of the Certificates by each Rating Agency as the successor to the
      Servicer under the Servicing Agreement in the assumption of all or any part
      of
      the responsibilities, duties or liabilities of the Servicer under the Servicing
      Agreement. Any Successor Servicer shall (i) be an institution that is a Fannie
      Mae and Freddie Mac approved seller/servicer in good standing, that has a net
      worth of at least $15,000,000 and (ii) be willing to act as Successor Servicer
      of the Mortgage Loans under the Servicing Agreement, and shall have executed
      and
      delivered to the Depositor and the Trustee an agreement accepting such
      delegation and assignment, that contains an assumption by such Person of the
      rights, powers, duties, responsibilities, obligations and liabilities of the
      terminated Servicer (other than any liabilities of the terminated Servicer
      hereof incurred prior to termination of the Servicer under the Servicing
      Agreement), with like effect as if originally named as a party to the Servicing
      Agreement, provided that each Rating Agency shall have acknowledged in writing
      that its rating of the Certificates in effect immediately prior to such
      assignment and delegation will not be qualified or reduced as a result of such
      assignment and delegation. If the Trustee assumes the duties and
      responsibilities of the terminated Servicer in accordance with this
      Section 8.02, the Trustee shall not resign as Servicer until a Successor
      Servicer has been appointed and has accepted such appointment. Pending
      appointment of a successor to the terminated Servicer hereunder, the Trustee,
      unless the Trustee is prohibited by law from so acting, shall act in such
      capacity as hereinabove provided. In connection with such appointment and
      assumption, the Trustee may make such arrangements for the compensation of
      such
      successor out of payments on the Mortgage Loans or otherwise as it and such
      successor shall agree; provided that no such compensation shall be in excess
      of
      that permitted the terminated Servicer under the Servicing Agreement. The
      Trustee and such successor shall take such action, consistent with this
      Agreement and the Servicing Agreement, as shall be necessary to effectuate
      any
      such succession. Neither the Trustee nor any other Successor Servicer shall
      be
      deemed to be in default hereunder by reason of any failure to make, or any
      delay
      in making, any distribution hereunder or any portion thereof or any failure
      to
      perform, or any delay in performing, any duties or responsibilities hereunder,
      in either case caused by the failure of the Servicer to deliver or provide,
      or
      any delay in delivering or providing, any cash, information, documents or
      records to it.

     

    The
      costs
      and expenses of the Trustee in connection with the termination of the Servicer,
      appointment of a Successor Servicer and, if applicable, any transfer of
      servicing, including, without limitation, all costs and expenses associated
      with
      the complete transfer of all servicing data and the completion, correction
      or
      manipulation of such servicing data as may be required by the Trustee to correct
      any errors or insufficiencies in the servicing data or otherwise to enable
      the
      Trustee or the Successor Servicer to service the related Mortgage Loans properly
      and effectively, to the extent not paid by the terminated Servicer as may be
      required herein shall be payable to the Trustee from the Distribution Account
      pursuant to Section 3.31. Any successor to the terminated Servicer as
      Successor Servicer under the Servicing Agreement shall give notice to the
      applicable Mortgagors of such change of the Servicer and shall, during the
      term
      of its service as Successor Servicer maintain in force the policy or policies
      that the terminated Servicer is required to maintain pursuant to the Servicing
      Agreement.

     

    On
      and
      after the time the Master Servicer receives a notice of termination, the Trustee
      shall be the successor in all respects to the Master Servicer (and, if
      applicable, the Securities Administrator) in its capacity as Master Servicer
      (and, if applicable, the Securities Administrator) under this Agreement and
      the
      transactions set forth or provided for herein, and all the responsibilities,
      duties and liabilities relating thereto and arising thereafter shall be assumed
      by the Trustee (except for any representations or warranties of the Master
      Servicer under this Agreement, the responsibilities, duties and liabilities
      contained in Section 2.3 and the obligation to deposit amounts in respect of
      losses pursuant to Section 3.22(c)) by the terms and provisions hereof. As
      compensation therefor, the Trustee shall be entitled to and all funds relating
      to the Loans, investment earnings on the Distribution Account and all other
      remuneration to which the Master Servicer would have been entitled if it had
      continued to act hereunder. Notwithstanding the above and subject to the
      immediately following paragraph, the Trustee may, if it shall be unwilling
      to so
      act, or shall, if it is unable to so act or if it is prohibited by law from
      making advances regarding delinquent mortgage loans or if the Holders of
      Certificates evidencing, in aggregate, not less than 51% of the Certificate
      Principal Balance of the Certificates so request in writing promptly appoint
      or
      petition a court of competent jurisdiction to appoint, an established mortgage
      loan servicing institution acceptable to each Rating Agency and having a net
      worth of not less than $25,000,000, as the successor to the Master Servicer
      under this Agreement in the assumption of all or any part of the
      responsibilities, duties or liabilities of the Master Servicer under this
      Agreement.

    

    No
      appointment of a successor to the Master Servicer (and, if applicable, the
      Securities Administrator) under this Agreement shall be effective until the
      assumption by the successor of all of the Master Servicer’s (and, if applicable,
      the Securities Administrator’s) responsibilities, duties and liabilities
      hereunder. In connection with such appointment and assumption described herein,
      the Trustee may make such arrangements for the compensation of such successor
      out of payments on Loans as it and such successor shall agree; provided,
      however, that no such compensation shall be in excess of that permitted the
      Master Servicer (and, if applicable, the Securities Administrator) as such
      hereunder. The Depositor, the Trustee and such successor shall take such action,
      consistent with this Agreement, as shall be necessary to effectuate any such
      succession. Pending appointment of a successor to the Master Servicer (and,
      if
      applicable, the Securities Administrator) under this Agreement, the Trustee
      shall act in such capacity as hereinabove provided. The transition costs and
      expenses incurred by the Trustee in connection with the replacement of the
      Master Servicer (and, if applicable, the Securities Administrator) shall be
      reimbursed out of the Trust Fund.

     

    Section
      8.03  Notification
      to Certificateholders.

     

    (a)  Upon
      any
      termination of or appointment of a successor to the Servicer or the Master
      Servicer, the Trustee shall give prompt written notice thereof to
      Certificateholders and to each Rating Agency.

     

    (b)  Within
      sixty (60) days after the occurrence of any Servicer Default or Master Servicer
      Default, the Trustee shall transmit by mail to all Certificateholders notice
      of
      each such Servicer Default or Master Servicer Default hereunder known to the
      Trustee, unless such default shall have been cured or waived.

     

    Section
      8.04  Waiver
      of Servicer Defaults and Master Servicer Defaults.

     

    The
      Trustee may waive only by written notice from Certificateholders evidencing
      66-2/3% of the Voting Rights (unless such default materially and adversely
      affects all Certificateholders, in which case the written direction shall be
      from all of the Certificateholders) any default by the Servicer or Master
      Servicer in the performance of its obligations hereunder and its consequences.
      Upon any such waiver of a past default, such default shall cease to exist,
      and
      any Servicer Default or Master Servicer Default arising therefrom shall be
      deemed to have been remedied for every purpose of this Agreement. No such waiver
      shall extend to any subsequent or other default or impair any right consequent
      thereon except to the extent expressly so waived in writing.

     

     

     

    ARTICLE
      IX

    CONCERNING
      THE TRUSTEE AND SECURITIES ADMINISTRATOR

     

    Section
      9.01  Duties
      of Trustee and Securities Administrator.

     

    (a)  The
      Trustee, prior to the occurrence of a Servicer Default or Master Servicer
      Default, and after the curing or waiver of all Servicer Defaults or Master
      Servicer Defaults, which may have occurred, and the Securities Administrator
      each undertake to perform such duties and only such duties as are specifically
      set forth in this Agreement as duties of the Trustee and the Securities
      Administrator, respectively. If a Servicer Default or Master Servicer Default
      has occurred and has not been cured or waived, the Trustee shall exercise such
      of the rights and powers vested in it by this Agreement, and use the same degree
      of care and skill in their exercise, as a prudent person would exercise or
      use
      under the circumstances in the conduct of such Person’s own affairs. Any
      permissive right of the Trustee enumerated in this Agreement shall not be
      construed as a duty.

     

    (b)  Each
      of
      the Trustee and the Securities Administrator, upon receipt of all resolutions,
      certificates, statements, opinions, reports, documents, orders or other
      instruments furnished to it, which are specifically required to be furnished
      pursuant to any provision of this Agreement, shall examine them to determine
      whether they conform to the requirements of this Agreement. If any such
      instrument is found not to conform to the requirements of this Agreement in
      a
      material manner, the Trustee or the Securities Administrator, as the case may
      be, shall take such action as it deems appropriate to have the instrument
      corrected, and if the instrument is not corrected to its satisfaction, the
      Securities Administrator will provide notice to the Trustee thereof and the
      Trustee will provide notice to the Certificateholders.

     

    (c)  The
      Trustee shall promptly remit to the Servicer any complaint, claim, demand,
      notice or other document (collectively, the “Notices”) delivered to the Trustee
      as a consequence of the assignment of any Mortgage Loan hereunder and relating
      to the servicing of the Mortgage Loans; provided than any such notice (i) is
      delivered to the Trustee at its Corporate Trust Office, (ii) contains
      information sufficient to permit the Trustee to make a determination that the
      real property to which such document relates is a Mortgaged Property. The
      Trustee shall have no duty hereunder with respect to any Notice it may receive
      or which may be alleged to have been delivered to or served upon it unless
      such
      Notice is delivered to it or served upon it at its Corporate Trust Office and
      such Notice contains the information required pursuant to clause (ii) of the
      preceding sentence.

     

    (d)  
      No
      provision of this Agreement shall be construed to relieve the Trustee or the
      Securities Administrator from liability for its own negligent action, its own
      negligent failure to act or its own misconduct; provided, however,
      that:

     

    (i)  Prior
      to
      the occurrence of a Servicer Default or Master Servicer Default and after the
      curing or waiver of all such Servicer Defaults or Master Servicer Defaults
      which
      may have occurred with respect to the Trustee and at all times with respect
      to
      the Securities Administrator, the duties and obligations of the Trustee and
      the
      Securities Administrator shall be determined solely by the express provisions
      of
      this Agreement, neither the Trustee nor the Securities Administrator shall
      be
      liable except for the performance of its duties and obligations as are
      specifically set forth in this Agreement, no implied covenants or obligations
      shall be read into this Agreement against the Trustee or the Securities
      Administrator and, in the absence of bad faith on the part of the Trustee or
      the
      Securities Administrator, respectively, the Trustee or the Securities
      Administrator, respectively, may conclusively rely and shall be fully protected
      in acting or refraining from acting, as to the truth of the statements and
      the
      correctness of the opinions expressed therein, upon any certificates or opinions
      furnished to the Trustee or the Securities Administrator, respectively, that
      conform to the requirements of this Agreement;

     

    (ii)  Neither
      the Trustee nor the Securities Administrator shall be liable in its individual
      capacity for an error of judgment made in good faith by a Responsible Officer
      or
      Responsible Officers of the Trustee or an officer or officers of the Securities
      Administrator, respectively, unless it shall be proved that the Trustee or
      Securities Administrator, respectively, was negligent in ascertaining the
      pertinent facts;

     

    (iii)  Neither
      the Trustee nor the Securities Administrator shall be liable with respect to
      any
      action taken, suffered or omitted to be taken by it in good faith and believed
      by it to be authorized or within the rights or powers conferred upon it by
      this
      Agreement or in accordance with the directions of the Holders of Certificates
      evidencing not less than 25% of the aggregate Voting Rights of the Certificates,
      if such action or non-action relates to the time, method and place of conducting
      any proceeding for any remedy available to the Trustee or the Securities
      Administrator or exercising any trust or other power conferred upon the Trustee
      or the Securities Administrator under this Agreement;

     

    (iv)  The
      Trustee shall not be required to take notice or be deemed to have notice or
      knowledge of any default, Servicer Default or Master Servicer Default unless
      a
      Responsible Officer of the Trustee shall have actual knowledge thereof. In
      the
      absence of such notice, the Trustee may conclusively assume there is no such
      default, Servicer Default or Master Servicer Default;

     

    (v)  The
      Trustee shall not in any way be liable by reason of any insufficiency in any
      Account held by or in the name of Trustee unless it is determined by a court
      of
      competent jurisdiction that the Trustee’s gross negligence or willful misconduct
      was the primary cause of such insufficiency (except to the extent that the
      Trustee is obligor and has defaulted thereon);

     

    (vi)  Anything
      in this Agreement to the contrary notwithstanding, in no event shall the Trustee
      or the Securities Administrator be liable for special, indirect, punitive or
      consequential loss or damage of any kind whatsoever (including but not limited
      to lost profits), even if the Trustee or the Securities Administrator has been
      advised of the likelihood of such loss or damage and regardless of the form
      of
      action and whether or not any such damages were foreseeable or contemplated;
      and

     

    (vii)  None
      of
      the Sponsor, the Depositor or the Trustee shall be responsible for the acts
      or
      omissions of the other, it being understood that this Agreement shall not be
      construed to render them partners, joint venturers or agents of one
      another.

     

    Neither
      the Trustee nor the Securities Administrator shall be required to expend or
      risk
      its own funds or otherwise incur liability, financial or otherwise, in the
      performance of any of its duties hereunder, or in the exercise of any of its
      rights or powers, if there is reasonable ground for believing that the repayment
      of such funds or adequate indemnity against such risk or liability is not
      reasonably assured to it, and none of the provisions contained in this Agreement
      shall in any event require the Trustee or the Securities Administrator to
      perform, or be responsible for the manner of performance of, any of the
      obligations of the terminated Servicer or Master Servicer
      hereunder.

     

    (e)  All
      funds
      received by the Securities Administrator and required to be deposited in the
      Distribution Account pursuant to this Agreement will be promptly so deposited
      by
      the Securities Administrator.

     

    Section
      9.02  Certain
      Matters Affecting the Trustee and Securities Administrator.

     

    (a)  Except
      as
      otherwise provided in Section 9.01:

     

    (i)  The
      Trustee and the Securities Administrator may conclusively rely and shall be
      fully protected in acting or refraining from acting in reliance on any
      resolution or certificate of the Sponsor, the Depositor or the Servicer, any
      certificates of auditors or any other certificate, statement, instrument,
      opinion, report, notice, request, consent, order, appraisal, bond or other
      paper
      or document believed by it to be genuine and to have been signed or presented
      by
      the proper party or parties;

     

    (ii)  The
      Trustee and the Securities Administrator may consult with counsel and any advice
      of such counsel or any Opinion of Counsel shall be full and complete
      authorization and protection with respect to any action taken or suffered or
      omitted by it hereunder in good faith and in accordance with such advice or
      Opinion of Counsel:

     

    (iii)  Neither
      the Trustee nor the Securities Administrator shall be under any obligation
      to
      exercise any of the trusts or powers vested in it by this Agreement, other
      than
      its obligation to give notices pursuant to this Agreement, or to institute,
      conduct or defend any litigation hereunder or in relation hereto at the request,
      order or direction of any of the Certificateholders pursuant to the provisions
      of this Agreement, unless such Certificateholders shall have offered to the
      Trustee or the Securities Administrator, as the case may be, reasonable security
      or indemnity satisfactory to it against the costs, expenses and liabilities
      which may be incurred therein or thereby. Nothing contained herein shall,
      however, relieve the Trustee of the obligation, upon the occurrence of a
      Servicer Default or Master Servicer Default of which a Responsible Officer
      of
      the Trustee has actual knowledge (which has not been cured or waived), to
      exercise such of the rights and powers vested in it by this Agreement, and
      to
      use the same degree of care and skill in their exercise, as a prudent person
      would exercise or use under the circumstances in the conduct of his own
      affairs;

     

    (iv)  Neither
      the Trustee nor the Securities Administrator shall be liable in its individual
      capacity for any action taken, suffered or omitted by it in good faith and
      believed by it to be authorized or within the discretion or rights or powers
      conferred upon it by this Agreement;

     

    (v)  Prior
      to
      the occurrence of a Servicer Default or Master Servicer Default hereunder and
      after the curing or waiver of all Servicer Defaults or Master Servicer Defaults
      which may have occurred with respect to the Trustee and at all times with
      respect to the Securities Administrator, neither the Trustee nor the Securities
      Administrator shall be bound to make any investigation into the facts or matters
      stated in any resolution, certificate, statement, instrument, opinion, report,
      notice, request, consent, order, approval, bond or other paper or document,
      unless requested in writing to do so by Holders of Certificates evidencing
      not
      less than twenty-five percent (25%) of the aggregate Voting Rights of the
      Certificates and provided that the payment within a reasonable time to the
      Trustee or the Securities Administrator of the costs, expenses or liabilities
      likely to be incurred by it in the making of such investigation is, in the
      opinion of the Trustee or the Securities Administrator, as applicable, not
      reasonably assured to the Trustee or the Securities Administrator, as
      applicable, by the security afforded to it by the terms of this Agreement,
      the
      Trustee or the Securities Administrator, as applicable, may require reasonable
      indemnity against such expense or liability as a condition to taking any such
      action. The reasonable expense of every such examination shall be paid by the
      Certificateholders requesting the investigation;

     

    (vi)  The
      Trustee may execute any of the trusts or powers hereunder or perform any duties
      hereunder either directly or through Affiliates, nominees, custodians, agents
      or
      attorneys. The Trustee shall not be liable or responsible for the misconduct
      or
      negligence of any of the Trustee’s agents or attorneys or paying agent appointed
      hereunder by the Trustee with due care;

     

    (vii)  Should
      the Trustee deem the nature of any action required on its part to be unclear,
      the Trustee may require prior to such action that it be provided by the
      Depositor with reasonable further instructions; the right of the Trustee to
      perform any discretionary act enumerated in this Agreement shall not be
      construed as a duty, and the Trustee shall not be accountable for other than
      its
      gross negligence or willful misconduct in the performance of any such
      act;

     

    (viii)  The
      Trustee shall not be required to give any bond or surety with respect to the
      execution of the trust created hereby or the powers granted
      hereunder;

     

    (ix)  The
      Trustee shall not have any duty to conduct any affirmative investigation as
      to
      the occurrence of any condition requiring the repurchase of any Mortgage Loan
      by
      any Person pursuant to this Agreement, or the eligibility of any Mortgage Loan
      for purposes of this Agreement;

     

    (x)  The
      Trustee shall have no duty hereunder with respect to any complaint, claim,
      demand, notice or other document it may receive or which may be alleged to
      have
      been delivered or served upon it by the parties as a consequence of the
      assignment of any Mortgage Loan hereunder; provided, however that the Trustee
      shall promptly remit to the Servicer upon receipt any such complaint, claim,
      demand, notice or other document (i) which is delivered to the Trustee at is
      Corporate Trust Office, (ii) of which a Responsible Officer has actual knowledge
      and (iii) which contains information sufficient to permit the Trustee to make
      a
      determination that the real property to which such document relates is a
      Mortgaged Property; 

     

    (xi)  The
      Trustee is hereby directed by the Depositor to execute the Cap Contract on
      behalf of the Trust Fund in the form presented to it by the Depositor and shall
      have no responsibility for the contents of the Cap Contract, including, without
      limitation, the representations and warranties contained therein. Any funds
      payable by the Trustee under the Cap Contract at closing shall be paid by the
      Depositor. Notwithstanding anything to the contrary contained herein or in
      the
      Cap Contract, the Trustee shall not be required to make any payments to the
      counterparty under the Cap Contract.

     

    (xii)  None
      of
      the Securities Administrator, the Master Servicer, the Servicer, the Sponsor,
      the Depositor, the Custodian or the Trustee shall be responsible for the acts
      or
      omissions of the others, it being understood that this Agreement shall not
      be
      construed to render them partners, joint venturers or agents of one another;
      and

     

    (xiii)  The
      permissive rights of the Trustee enumerated herein shall not be construed as
      duties.

     

    Section
      9.03  Trustee
      and Securities Administrator not Liable for Certificates or Mortgage
      Loans.

     

    The
      recitals contained herein and in the Certificates (other than the signature
      of
      the Securities Administrator, the authentication of the Securities Administrator
      on the Certificates, the acknowledgements of the Trustee contained in Article
      II
      and the representations and warranties of the Trustee in Section 9.12)
      shall be taken as the statements of the Depositor, and neither the Trustee
      nor
      the Securities Administrator assumes any responsibility for their correctness.
      Neither the Trustee nor the Securities Administrator makes any representations
      or warranties as to the validity or sufficiency (other than as specifically
      set
      forth in Section 9.12) of the Cap Contract, the Certificates (other than
      the signature of the Securities Administrator and authentication of the
      Securities Administrator on the Certificates) or of any Mortgage Loan except
      as
      expressly provided in Section 2.02. The Securities Administrator’s signature and
      authentication (or authentication of its agent) on the Certificates shall be
      solely in its capacity as Securities Administrator and shall not constitute
      the
      Certificates an obligation of the Securities Administrator in any other
      capacity. The Trustee and the Securities Administrator shall not be accountable
      for the use or application by the Depositor of any of the Certificates or of
      the
      proceeds of such Certificates, or for the use or application of any funds paid
      to the Depositor with respect to the Mortgage Loans.

     

    Section
      9.04  Trustee
      and Securities Administrator May Own Certificates.

     

    Each
      of
      the Trustee and the Securities Administrator in its individual capacity or
      in
      any other capacity other than as Trustee or Securities Administrator hereunder
      may become the owner or pledgee of any Certificates and may transact business
      with other interested parties and their Affiliates with the same rights it
      would
      have if it were not the Trustee or the Securities Administrator.

     

    Section
      9.05  Fees
      and Expenses of Trustee and Securities Administrator.

     

    The
      fees
      of the Trustee and the Securities Administrator hereunder shall be paid in
      accordance with a side letter agreement with the Master Servicer and at the
      sole
      expense of the Master Servicer. In addition, the Trustee, the Securities
      Administrator, the Custodian and any director, officer, employee or agent of
      the
      Trustee, the Securities Administrator and the Custodian shall be indemnified
      by
      the Trust Fund and held harmless against any loss, liability or expense
      (including reasonable attorney’s fees and expenses) incurred by the Trustee, the
      Custodian or the Securities Administrator including any pending or threatened
      claim or legal action arising out of or in connection with the acceptance or
      administration of its respective obligations and duties under this Agreement,
      including the Cap Contract and any and all other agreements related hereto,
      other than any loss, liability or expense (i) for which the Trustee is
      indemnified by the Master Servicer or the Servicer, (ii) that constitutes a
      specific liability of the Trustee or the Securities Administrator pursuant
      to
      this Agreement or (iii) any loss, liability or expense incurred by reason of
      willful misfeasance, bad faith or negligence in the performance of duties
      hereunder by the Trustee or the Securities Administrator or by reason of
      reckless disregard of obligations and duties hereunder. In no event shall the
      Trustee or the Securities Administrator be liable for special, indirect or
      consequential loss or damage of any kind whatsoever (including but not limited
      to lost profits), even if it has been advised of the likelihood of such loss
      or
      damage and regardless of the form of action. The Master Servicer agrees to
      indemnify the Trustee, from, and hold the Trustee harmless against, any loss,
      liability or expense (including reasonable attorney’s fees and expenses)
      incurred by the Trustee by reason of the Master Servicer’s willful misfeasance,
      bad faith or gross negligence in the performance of its duties under this
      Agreement or by reason of the Master Servicer’s reckless disregard of its
      obligations and duties under this Agreement. The indemnities in this
      Section 9.05 shall survive the termination or discharge of this Agreement
      and the resignation or removal of the Master Servicer, the Trustee, the
      Securities Administrator or the Custodian. Any payment hereunder made by the
      Master Servicer to the Trustee shall be from the Master Servicer’s own funds,
      without reimbursement from any REMIC therefor.

     

    Section
      9.06  Eligibility
      Requirements for Trustee and Securities Administrator.

     

    The
      Trustee and the Securities Administrator shall at all times be a corporation
      or
      an association (other than the Depositor, the Sponsor or any Affiliate of the
      foregoing) organized and doing business under the laws of any state or the
      United States of America, authorized under such laws to exercise corporate
      trust
      powers, having a combined capital and surplus of at least $50,000,000 (or a
      member of a bank holding company whose capital and surplus is at least
      $50,000,000) and subject to supervision or examination by federal or state
      authority. If such corporation or association publishes reports of conditions
      at
      least annually, pursuant to law or to the requirements of the aforesaid
      supervising or examining authority, then for the purposes of this
      Section the combined capital and surplus of such corporation or association
      shall be deemed to be its combined capital and surplus as set forth in its
      most
      recent report of conditions so published. In case at any time the Trustee or
      the
      Securities Administrator, as applicable, shall cease to be eligible in
      accordance with the provisions of this Section, the Trustee or the Securities
      Administrator, as applicable, shall resign immediately in the manner and with
      the effect specified in Section 9.07.

     

    Additionally,
      the Securities Administrator (i) may not be an originator, Master Servicer,
      Servicer, Depositor or an affiliate of the Depositor unless the Securities
      Administrator is in an institutional trust department, (ii) must be authorized
      to exercise corporate trust powers under the laws of its jurisdiction of
      organization, and (iii) must be rated at least "A/F1" by Fitch, if Fitch is
      a
      Rating Agency, or rated at least "A-1" by S&P (or such rating acceptable to
      Fitch pursuant to a rating confirmation). Wells Fargo Bank, N.A. shall act
      as
      Securities Administrator for so long as it is Master Servicer under this
      Agreement.

     

    Section
      9.07  Resignation
      and Removal of Trustee and Securities Administrator.

     

    The
      Trustee and the Securities Administrator may at any time resign (including,
      without limitation, and in the case of the Securities Administrator, upon the
      resignation or removal of the Master Servicer) and be discharged from the trust
      hereby created by giving written notice thereof to the Depositor, to the Master
      Servicer, to the Securities Administrator (or the Trustee, if the Securities
      Administrator resigns) and to the Certificateholders. Upon receiving such notice
      of resignation, the Depositor shall promptly appoint a successor trustee or
      successor securities administrator by written instrument, in duplicate, which
      instrument shall be delivered to the resigning Trustee or Securities
      Administrator, as applicable, and to the successor trustee or successor
      securities administrator, as applicable. A copy of such instrument shall be
      delivered to the Certificateholders, the Trustee, the Securities Administrator
      and the Master Servicer by the Depositor. If no successor trustee or successor
      securities administrator shall have been so appointed and have accepted
      appointment within thirty (30) days after the giving of such notice of
      resignation, the resigning Trustee or Securities Administrator, as the case
      may
      be, may, at the expense of the Trust Fund, petition any court of competent
      jurisdiction for the appointment of a successor trustee or successor securities
      administrator, as applicable.

     

    If
      at any
      time the Trustee or the Securities Administrator shall cease to be eligible
      in
      accordance with the provisions of Section 9.06 and shall fail to resign
      after written request therefor by the Depositor, or if at any time the Trustee
      or the Securities Administrator shall become incapable of acting, or shall
      be
      adjudged bankrupt or insolvent, or a receiver of the Trustee or the Securities
      Administrator or of its property shall be appointed, or any public officer
      shall
      take charge or control of the Trustee or the Securities Administrator or of
      its
      property or affairs for the purpose of rehabilitation, conservation or
      liquidation, then the Depositor may remove the Trustee or the Securities
      Administrator, as applicable and appoint a successor trustee or successor
      securities administrator, as applicable, by written instrument, in duplicate,
      which instrument shall be delivered to the Trustee or the Securities
      Administrator so removed and to the successor trustee or successor securities
      administrator. A copy of such instrument shall be delivered to the
      Certificateholders, the Trustee, the Securities Administrator and the Master
      Servicer by the Depositor.

     

    The
      Holders of Certificates entitled to at least fifty-one percent (51%) of the
      Voting Rights may at any time remove the Trustee or the Securities Administrator
      and appoint a successor trustee or successor securities administrator by written
      instrument or instruments, in triplicate, signed by such Holders or their
      attorneys-in-fact duly authorized, one complete set of which instruments shall
      be delivered to the Depositor, one complete set to the Trustee or the Securities
      Administrator so removed and one complete set to the successor so appointed.
      A
      copy of such instrument shall be delivered to the Certificateholders, the
      Trustee (in the case of the removal of the Securities Administrator), the
      Securities Administrator (in the case of the removal of the Trustee) and the
      Master Servicer by the Depositor.

     

    Any
      resignation or removal of the Trustee or the Securities Administrator and
      appointment of a successor trustee or successor securities administrator
      pursuant to any of the provisions of this Section shall not become
      effective until acceptance of appointment by the successor trustee or successor
      securities administrator, as applicable, as provided in
      Section 9.08.

     

    Notwithstanding
      anything to the contrary contained herein, the Master Servicer and the
      Securities Administrator shall at all times be the same Person.

     

    Section
      9.08  Successor
      Trustee or Securities Administrator. 

     

    Any
      successor trustee or successor securities administrator appointed as provided
      in
      Section 9.07 hereof shall execute, acknowledge and deliver to the Depositor
      and to its predecessor trustee or predecessor securities administrator
      instrument accepting such appointment hereunder and thereupon the resignation
      or
      removal of the predecessor trustee or predecessor securities administrator
      shall
      become effective and such successor trustee or successor securities
      administrator, without any further act, deed or conveyance, shall become fully
      vested with all the rights, powers, duties and obligations of its predecessor
      hereunder, with the like effect as if originally named as trustee or securities
      administrator herein. The predecessor trustee or predecessor securities
      administrator shall deliver to the successor trustee or successor securities
      administrator all Mortgage Loan Documents and related documents and statements
      to the extent held by it hereunder, as well as all monies, held by it hereunder,
      and the Depositor and the predecessor trustee or predecessor securities
      administrator shall execute and deliver such instruments and do such other
      things as may reasonably be required for more fully and certainly vesting and
      confirming in the successor trustee or successor securities administrator all
      such rights, powers, duties and obligations.

     

    No
      successor trustee or successor securities administrator shall accept appointment
      as provided in this Section 9.08 unless at the time of such acceptance such
      successor trustee or successor securities administrator shall be eligible under
      the provisions of Section 9.07 hereof and its appointment shall not
      adversely affect the then current rating of the Certificates.

     

    Upon
      acceptance of appointment by a successor trustee or successor securities
      administrator as provided in this Section 9.08, the successor trustee or
      successor securities administrator shall mail notice of the succession of such
      trustee or securities administrator hereunder to all Holders of Certificates.
      If
      the successor trustee or successor securities administrator fails to mail such
      notice within ten days after acceptance of appointment, the Depositor shall
      cause such notice to be mailed at the expense of the Trust Fund.

     

    Section
      9.09  Merger
      or Consolidation of Trustee or Securities Administrator.

     

    Any
      corporation, state bank or national banking association into which the Trustee
      or Securities Administrator may be merged or converted or with which it may
      be
      consolidated or any corporation, state bank or national banking association
      resulting from any merger, conversion or consolidation to which the Trustee
      or
      the Securities Administrator shall be a party, or any corporation, state bank
      or
      national banking association succeeding to substantially all of the corporate
      trust business of the Trustee or Securities Administrator or shall be the
      successor of the Trustee or Securities Administrator hereunder, provided that
      such corporation shall be eligible under the provisions of Section 9.06
      without the execution or filing of any paper or further act on the part of
      any
      of the parties hereto, anything herein to the contrary
      notwithstanding.

     

    Section
      9.10  Appointment
      of Co-Trustee or Separate Trustee.

     

    Notwithstanding
      any other provisions hereof, at any time, for the purpose of meeting any legal
      requirements of any jurisdiction in which any part of the REMIC I or property
      securing the same may at the time be located, the Trustee shall have the power
      and shall execute and deliver all instruments to appoint one or more Persons
      approved by the Trustee to act as co-trustee or co-trustees, jointly with the
      Trustee, or separate trustee or separate trustees, of all or any part of REMIC
      I, and to vest in such Person or Persons, in such capacity, and for the benefit
      of the Holders of the Certificates, such title to REMIC I, or any part thereof,
      and, subject to the other provisions of this Section 9.10, such powers,
      duties, obligations, rights and trusts as the Trustee may consider necessary
      or
      desirable. No co-trustee or separate trustee hereunder shall be required to
      meet
      the terms of eligibility as a successor trustee under Section 9.06
      hereunder and no notice to Holders of Certificates of the appointment of
      co-trustee(s) or separate trustee(s) shall be required under Section 9.08
      hereof.

     

    In
      the
      case of any appointment of a co-trustee or separate trustee pursuant to this
      Section 9.10 all rights, powers, duties and obligations conferred or
      imposed upon the Trustee shall be conferred or imposed upon and exercised or
      performed by the Trustee and such separate trustee or co-trustee jointly, except
      to the extent that under any law of any jurisdiction in which any particular
      act
      or acts are to be performed by the Trustee (whether as Trustee hereunder or
      as
      successor to a defaulting Master Servicer hereunder), the Trustee shall be
      incompetent or unqualified to perform such act or acts, in which event such
      rights, powers, duties and obligations (including the holding of title to REMIC
      I or any portion thereof in any such jurisdiction) shall be exercised and
      performed by such separate trustee or co-trustee at the direction of the
      Trustee.

     

    Any
      notice, request or other writing given to the Trustee shall be deemed to have
      been given to each of the then separate trustees and co-trustees, as effectively
      as if given to each of them. Every instrument appointing any separate trustee
      or
      co-trustee shall refer to this Agreement and the conditions of this Article
      IX.
      Each separate trustee and co-trustee, upon its acceptance of the trust
      conferred, shall be vested with the estates or property specified in its
      instrument of appointment, either jointly with the Trustee, or separately,
      as
      may be provided therein, subject to all the provisions of this Agreement,
      specifically including every provision of this Agreement relating to the conduct
      of, affecting the liability of, or affording protection to, the Trustee. Every
      such instrument shall be filed with the Trustee.

     

    Any
      separate trustee or co-trustee may, at any time, constitute the Trustee, its
      agent or attorney-in-fact, with full power and authority, to the extent not
      prohibited by law, to do any lawful act under or in respect of this Agreement
      on
      its behalf and in its name. If any separate trustee or co-trustee shall die,
      become incapable of acting, resign or be removed, all of its estates,
      properties, rights, remedies and trusts shall vest in and be exercised by the
      Trustee, to the extent permitted by law, without the appointment of a new or
      successor trustee or co-trustee.

     

    Section
      9.11  Appointment
      of Office or Agency.

     

    The
      Certificates may be surrendered for registration of transfer or exchange at
      the
      Securities Administrator’s office initially located at Sixth Street and
      Marquette Avenue, Minneapolis, Minnesota 55479, and presented for final
      distribution at the Corporate Trust Office of the Securities Administrator
      where
      notices and demands to or upon the Securities Administrator in respect of the
      Certificates and this Agreement may be served.

     

    Section
      9.12  Representations
      and Warranties.

     

    The
      Trustee hereby represents and warrants to the Master Servicer, the Securities
      Administrator, the Servicer and the Depositor as applicable, as of the Closing
      Date, that:

     

    (i)  It
      is a
      national banking association duly organized, validly existing and in good
      standing under the laws of the United States of America.

     

    (ii)  The
      execution and delivery of this Agreement by it, and the performance and
      compliance with the terms of this Agreement by it, will not violate its articles
      of association or bylaws or constitute a default (or an event which, with notice
      or lapse of time, or both, would constitute a default) under, or result in
      the
      breach of, any material agreement or other instrument to which it is a party
      or
      which is applicable to it or any of its assets.

     

    (iii)  It
      has
      the full power and authority to enter into and consummate all transactions
      contemplated by this Agreement, has duly authorized the execution, delivery
      and
      performance of this Agreement, and has duly executed and delivered this
      Agreement.

     

    (iv)  This
      Agreement, assuming due authorization, execution and delivery by the other
      parties hereto, constitutes a valid, legal and binding obligation of it,
      enforceable against it in accordance with the terms hereof, subject to (A)
      applicable bankruptcy, insolvency, receivership, reorganization, moratorium
      and
      other laws affecting the enforcement of creditors’ rights generally, and (B)
      general principles of equity, regardless of whether such enforcement is
      considered in a proceeding in equity or at law.

     

    (v)  It
      is not
      in violation of, and its execution and delivery of this Agreement and its
      performance and compliance with the terms of this Agreement will not constitute
      a violation of, any law, any order or decree of any court or arbiter, or any
      order, regulation or demand of any federal, state or local governmental or
      regulatory authority, which violation, in its good faith and reasonable
      judgment, is likely to affect materially and adversely either the ability of
      it
      to perform its obligations under this Agreement or its financial
      condition.

     

    No
      litigation is pending or, to the best of its knowledge, threatened against
      it,
      which would prohibit it from entering into this Agreement or, in its good faith
      reasonable judgment, is likely to materially and adversely affect either the
      ability of it to perform its obligations under this Agreement or its financial
      condition.

     

    Section
      9.13  Tax
      Matters.

     

    It
      is
      intended that the Trust Fund shall constitute, and that the affairs of the
      Trust
      Fund shall be conducted so that each REMIC formed hereunder qualifies as, a
      “real estate mortgage investment conduit” as defined in and in accordance with
      the REMIC Provisions. In furtherance of such intention, the Securities
      Administrator covenants and agrees that it shall act as agent (and the
      Securities Administrator is hereby appointed to act as agent) on behalf of
      the
      Trust Fund. The Securities Administrator, as agent on behalf of the Trust Fund,
      shall do or refrain from doing, as applicable, the following: (a) the Securities
      Administrator shall prepare and file, or cause to be prepared and filed, in
      a
      timely manner, U.S. Real Estate Mortgage Investment Conduit Income Tax Returns
      (Form 1066 or any successor form adopted by the Internal Revenue Service) and
      prepare and file or cause to be prepared and filed with the Internal Revenue
      Service and applicable state or local tax authorities income tax or information
      returns for each taxable year with respect to each such REMIC containing such
      information and at the times and in the manner as may be required by the Code
      or
      state or local tax laws, regulations, or rules, and furnish or cause to be
      furnished to Certificateholders the schedules, statements or information at
      such
      times and in such manner as may be required thereby; (b) the Securities
      Administrator shall apply for an employer identification number with the
      Internal Revenue Service via a Form SS-4 or other comparable method for each
      REMIC that is or becomes a taxable entity, and within thirty days of the Closing
      Date, furnish or cause to be furnished to the Internal Revenue Service, on
      Forms
      8811 or as otherwise may be required by the Code, the name, title, address,
      and
      telephone number of the person that the holders of the Certificates may contact
      for tax information relating thereto, together with such additional information
      as may be required by such Form, and update such information at the time or
      times in the manner required by the Code for the Trust Fund; (c) the Securities
      Administrator shall make or cause to be made elections, on behalf of each REMIC
      formed hereunder to be treated as a REMIC on the federal tax return of such
      REMIC for its first taxable year (and, if necessary, under applicable state
      law); (d) the Securities Administrator shall prepare and forward, or cause
      to be
      prepared and forwarded, to the Certificateholders and to the Internal Revenue
      Service and, if necessary, state tax authorities, all information returns and
      reports as and when required to be provided to them in accordance with the
      REMIC
      Provisions, including without limitation, the calculation of any original issue
      discount using the Prepayment Assumption; (e) the Securities Administrator
      shall
      provide information necessary for the computation of tax imposed on the transfer
      of a Residual Certificate to a Person that is not a Permitted Transferee, or
      an
      agent (including a broker, nominee or other middleman) of a Person that is
      not a
      Permitted Transferee, or a pass-through entity in which a Person that is not
      a
      Permitted Transferee is the record holder of an interest (the reasonable cost
      of
      computing and furnishing such information may be charged to the Person liable
      for such tax); (f) the Securities Administrator shall, to the extent under
      its
      control, conduct the affairs of the Trust Fund at all times that any
      Certificates are outstanding so as to maintain the status of each REMIC formed
      hereunder as a REMIC under the REMIC Provisions; (g) the Securities
      Administrator shall not knowingly or intentionally take any action or omit
      to
      take any action that would cause the termination of the REMIC status of any
      REMIC formed hereunder; (h) the Securities Administrator shall pay, from the
      sources specified in the last paragraph of this Section 9.12, the amount of
      any federal, state and local taxes, including prohibited transaction taxes
      as
      described below, imposed on any REMIC formed hereunder prior to the termination
      of the Trust Fund when and as the same shall be due and payable (but such
      obligation shall not prevent the Securities Administrator or any other
      appropriate Person from contesting any such tax in appropriate proceedings
      and
      shall not prevent the Securities Administrator from withholding payment of
      such
      tax, if permitted by law, pending the outcome of such proceedings); (i) the
      Trustee shall sign or cause to be signed federal, state or local income tax
      or
      information returns or any other document prepared by the Securities
      Administrator pursuant to this Section 9.13 requiring a signature thereon
      by the Trustee; (j) the Securities Administrator shall maintain records relating
      to each REMIC formed hereunder including but not limited to the income,
      expenses, assets and liabilities of each such REMIC and adjusted basis of the
      Trust Fund property determined at such intervals as may be required by the
      Code,
      as may be necessary to prepare the foregoing returns, schedules, statements
      or
      information; (k) the Securities Administrator shall, for federal income tax
      purposes, maintain books and records with respect to the REMICs on a calendar
      year and on an accrual basis; (l) the Securities Administrator shall not enter
      into any arrangement not otherwise provided for in this Agreement by which
      the
      REMICs will receive a fee or other compensation for services nor permit the
      REMICs to receive any income from assets other than “qualified mortgages” as
      defined in Section 860G(a)(3) of the Code or “permitted investments” as
      defined in Section 860G(a)(5) of the Code; and (m) as and when necessary
      and appropriate, the Securities Administrator shall represent the Trust Fund
      in
      any administrative or judicial proceedings relating to an examination or audit
      by any governmental taxing authority, request an administrative adjustment
      as to
      any taxable year of any REMIC formed hereunder, enter into settlement agreements
      with any governmental taxing agency, extend any statute of limitations relating
      to any tax item of the Trust Fund, and otherwise act on behalf of each REMIC
      formed hereunder in relation to any tax matter involving any such
      REMIC.

     

    In
      order
      to enable the Securities Administrator to perform its duties as set forth
      herein, the Depositor shall provide, or cause to be provided, to the Securities
      Administrator within ten (10) days after the Closing Date all information or
      data that the Securities Administrator requests in writing and determines to
      be
      relevant for tax purposes to the valuations and offering prices of the
      Certificates, including, without limitation, the price, yield, prepayment
      assumption and projected cash flows of the Certificates and the Mortgage Loans.
      Thereafter, the Depositor shall provide to the Securities Administrator promptly
      upon written request therefor, any such additional information or data that
      the
      Securities Administrator may, from time to time, request in order to enable
      the
      Securities Administrator to perform its duties as set forth herein. The
      Depositor hereby indemnifies the Securities Administrator for any losses,
      liabilities, damages, claims or expenses of the Securities Administrator arising
      from any errors or miscalculations of the Securities Administrator that result
      from any failure of the Depositor to provide, or to cause to be provided,
      accurate information or data to the Securities Administrator on a timely
      basis.

     

    In
      the
      event that any tax is imposed on “prohibited transactions” of any REMIC as
      defined in Section 860F(a)(2) of the Code, on the “net income from
      foreclosure property” of the Trust Fund as defined in Section 860G(c) of
      the Code, on any contribution to any REMIC after the startup day pursuant to
      Section 860G(d) of the Code, or any other tax is imposed, including,
      without limitation, any federal, state or local tax or minimum tax imposed
      upon
      any of REMIC, and is not paid as otherwise provided for herein, such tax shall
      be paid by (i) the Securities Administrator, if any such other tax arises out
      of
      or results from a breach by the Securities Administrator of any of its
      obligations under this Section, (ii) any party hereto (other than the Securities
      Administrator) to the extent any such other tax arises out of or results from
      a
      breach by such other party of any of its obligations under this Agreement or
      (iii) in all other cases, or in the event that any liable party hereto fails
      to
      honor its obligations under the preceding clauses (i) or (ii), any such tax
      will
      be paid first with amounts otherwise to be distributed to the Class R
      Certificateholders, and second with amounts otherwise to be distributed to
      all
      other Certificateholders in the following order of priority: first, to the
      Class
      M-4 Certificates, second, to the Class M-3 Certificates, third, to the Class
      M-2
      Certificates, fourth, to the Class M-1 Certificates, and fifth, to the Senior
      Certificates (pro rata based on the amounts to be distributed). Notwithstanding
      anything to the contrary contained herein, to the extent that such tax is
      payable by the Holder of any Certificates, the Securities Administrator is
      hereby authorized to retain on any Distribution Date, from the Holders of the
      Class R Certificates (and, if necessary, second, from the Holders of the other
      Certificates in the priority specified in the preceding sentence), funds
      otherwise distributable to such Holders in an amount sufficient to pay such
      tax.
      The Securities Administrator shall include in its monthly report to
      Certificateholders distributions to such parties taking into account the
      priorities described in the second preceding sentence. The Securities
      Administrator agrees to promptly notify in writing the party liable for any
      such
      tax of the amount thereof and the due date for the payment thereof.
      Notwithstanding the foregoing, however, in no event shall the Securities
      Administrator have any liability (1) for any action or omission that is taken
      in
      accordance with and in compliance with the express terms of, or which is
      expressly permitted by the terms of this Agreement, (2) for any losses other
      than arising out of a grossly negligent performance by the Securities
      Administrator of its duties and obligations set forth herein, and (3) for any
      special or consequential damages to Certificateholders (in addition to payment
      of principal and interest on the Certificates).

     

     

     

    ARTICLE
      X

    TERMINATION

     

    Section
      10.01  Termination
      Upon Liquidation or Repurchase of all Mortgage Loans.

     

    Subject
      to Section 10.03, the obligations and responsibilities of the Depositor,
      the Sponsor, the Securities Administrator, the Master Servicer and the Trustee
      created hereby with respect to the Trust Fund shall terminate (other than the
      obligations of the Master Servicer to the Trustee pursuant to Section 9.05
      and of the Securities Administrator to make payments in respect of the REMIC
      I
      Regular Interests or the Classes of Certificates as hereinafter set forth)
      upon
      the earlier of (a) the Master Servicer’s exercise of its optional right to
      purchase the Mortgage Loans and related REO Properties (the “Cleanup Call”) and
      (b) the later of (i) the maturity or other liquidation (or any Advance with
      respect thereto) of the last Mortgage Loan remaining in the Trust Fund and
      the
      disposition of all REO Property and (ii) the distribution to Certificateholders
      of all amounts required to be distributed to them pursuant to this Agreement,
      as
      applicable. In no event shall the trusts created hereby continue beyond the
      earlier of (i) the expiration of twenty-one (21) years from the death of the
      last survivor of the descendants of Joseph P. Kennedy, the late Ambassador
      of
      the United States to the Court of St. James, living on the date hereof and
      (ii)
      the Latest Possible Maturity Date.

     

    The
      Cleanup Call or shall be exercisable at a price (the “Termination Price”) equal
      to the sum of (i) 100% of the Stated Principal Balance of each Mortgage Loan,
      (ii) accrued interest thereon at the applicable Mortgage Rate to, but not
      including, the first day of the month of such purchase, (iii) the appraised
      value of any related REO Property (up to the Stated Principal Balance of the
      related Mortgage Loan), such appraisal to be conducted by an appraiser mutually
      agreed upon by the Master Servicer and the Trustee, (iv) unreimbursed
      out-of-pocket costs of the Securities Administrator, the Master Servicer, the
      Servicer or the Trustee, including unreimbursed servicing advances and the
      principal portion of any unreimbursed Advances, made on the related Mortgage
      Loans prior to the exercise of such repurchase right and (v) any other amounts
      due and owing to the Trustee, the Securities Administrator, the Master Servicer
      and the Custodian payable pursuant to this Agreement or the Custodial
      Agreement.

     

    The
      right
      to exercise the Cleanup Call pursuant to the preceding paragraph shall be
      exercisable if the Stated Principal Balance of all of the Mortgage Loans at
      the
      time of any such repurchase, is less than or equal to ten percent (10%) of
      the
      aggregate Cut-off Date Principal Balance of the Mortgage Loans.

     

    Section
      10.02  Final
      Distribution on the Certificates.

     

    If
      on any
      Determination Date, (i) the Securities Administrator determines based on the
      reports delivered by the Master Servicer under this Agreement that there are
      no
      Outstanding Mortgage Loans, and no other funds or assets in the Trust Fund
      other
      than the funds in the Distribution Account, the Securities Administrator shall
      notify the Trustee and send a final distribution notice promptly to each related
      Certificateholder or (ii) the Securities Administrator determines that a Class
      of Certificates shall be retired after a final distribution on such Class,
      the
      Securities Administrator shall notify the Trustee and the Certificateholders
      within five (5) Business Days after such Determination Date that the final
      distribution in retirement of such Class of Certificates is scheduled to be
      made
      on the immediately following Distribution Date. Any final distribution made
      pursuant to the immediately preceding sentence will be made only upon
      presentation and surrender of the related Certificates at the office of the
      Securities Administrator set forth herein. If the Master Servicer elects to
      terminate the Trust Fund pursuant to Section 10.01, at least ten (10) days
      prior to the date notice is to be mailed to the Certificateholders, the Master
      Servicer shall notify the Securities Administrator and the Trustee of the date
      the Master Servicer intends to terminate the Trust Fund. The Master Servicer
      shall remit the related Termination Price to the Securities Administrator on
      behalf of the Trust Fund on the Business Day prior to the Distribution Date
      for
      such Optional Termination by the Master Servicer.

     

    Notice
      of
      the exercise of the Cleanup Call, specifying the Distribution Date on which
      the
      Certificateholders may surrender their Certificates for payment of the final
      distribution and cancellation, shall be given promptly by the Securities
      Administrator by letter to the Certificateholders mailed no later than the
      fifteenth (15th) day of the month of such final distribution. Any such notice
      shall specify (a) the Distribution Date upon which final distribution on the
      Certificates will be made upon presentation and surrender of the Certificates
      at
      the office therein designated, (b) the amount of such final distribution, (c)
      the location of the office or agency at which such presentation and surrender
      must be made and (d) that the Record Date otherwise applicable to such
      Distribution Date is not applicable, distributions being made only upon
      presentation and surrender of the Certificates at the office therein specified.
      The Securities Administrator will give such notice to each Rating Agency at
      the
      time such notice is given to the Certificateholders.

     

    In
      the
      event such notice is given, the Master Servicer shall deposit in the
      Distribution Account on the Business Day prior to the applicable Distribution
      Date an amount equal to the final distribution in respect of the Certificates.
      Upon certification to the Trustee by the Securities Administrator of the making
      of such final deposit, the Trustee shall promptly release or cause to be
      released to the Master Servicer the Mortgage Files for the remaining Mortgage
      Loans, and the Trustee shall execute all assignments, endorsements and other
      instruments delivered to it and necessary to effectuate such
      transfer.

     

    Upon
      presentation and surrender of the related Certificates, the Securities
      Administrator shall cause to be distributed to Certificateholders of each Class
      the amounts allocable to such Certificates held in the Distribution Account
      in
      the order and priority set forth in Section 5.04 hereof on the final
      Distribution Date and in proportion to their respective Percentage
      Interests.

     

    In
      the
      event that any affected Certificateholders shall not surrender Certificates
      for
      cancellation within six (6) months after the date specified in the above
      mentioned written notice, the Securities Administrator shall give a second
      written notice to the remaining affected Certificateholders to surrender their
      Certificates for cancellation and receive the final distribution with respect
      thereto. If within six (6) months after the second notice all the applicable
      Certificates shall not have been surrendered for cancellation, the Securities
      Administrator may take appropriate steps, or may appoint an agent to take
      appropriate steps, to contact the remaining affected Certificateholders
      concerning surrender of their Certificates, and the cost thereof shall be paid
      out of the funds and other assets that remain a part of the Trust Fund. If
      within two (2) years after the second notice all affected Certificates shall
      not
      have been surrendered for cancellation, the related Residual Certificateholders
      shall be entitled to all unclaimed funds and other assets of the Trust Fund
      that
      remain subject hereto and the Securities Administrator shall release such funds
      upon written direction.

     

    Section
      10.03  Additional
      Termination Requirements.

     

    In
      the
      event of (i) the exercise by the Master Servicer of the Cleanup Call pursuant
      to
      the terms of this Agreement or (ii) the final payment on or other liquidation
      of
      the last Mortgage Loan or REO Property in REMIC I pursuant to
      Section 10.01, the following additional requirements, unless the Trustee
      has been supplied with an Opinion of Counsel, at the expense of the Master
      Servicer (in the case of the exercise of the Cleanup Call) or the Depositor,
      to
      the effect that the failure of the Trust Fund to comply with the requirements
      of
      this Section 10.03 will not (i) result in the imposition of taxes on
“prohibited transactions” of a REMIC, or (ii) cause any REMIC to fail to qualify
      as a REMIC at any time that any Certificates are outstanding:

     

    
      	
              (1)

            	
              The
                Master Servicer (in the case of the exercise of the Cleanup Call)
                or the
                Depositor (in all other cases) shall establish a ninety-day liquidation
                period and notify the Securities Administrator thereof, and the Securities
                Administrator shall in turn specify the first day of such period
                in a
                statement attached to the tax return for each REMIC pursuant to Treasury
                Regulation Section 1.860F-1. The Master Servicer or the Depositor, as
                applicable, shall satisfy all the requirements of a qualified liquidation
                under Section 860F of the Code and any regulations thereunder, as
                evidenced by an Opinion of Counsel obtained at the expense of the
                Master
                Servicer or the Depositor, as applicable;

            
	 	 
	
              (2)

            	
              During
                such ninety-day liquidation period, and at or prior to the time of
                making
                the final payment on the Certificates, the Master Servicer (in the
                case of
                the exercise of the Cleanup Call) or the Depositor (in all other
                cases)
                shall sell all of the assets of REMIC I for cash; and

            
	 	 
	
              (3)

            	
              At
                the time of the making of the final payment on the Certificates,
                the
                Securities Administrator shall distribute or credit, or cause to
                be
                distributed or credited, to the Holders of the Residual Certificates
                all
                cash on hand in the Trust Fund (other than cash retained to meet
                claims),
                and the Trust Fund shall terminate at that
                time.

            

    

    

    By
      their
      acceptance of the Certificates, the Holders thereof hereby authorize the Master
      Servicer (in the case of the exercise of the Cleanup Call) or the Depositor
      (in
      all other cases) to specify the ninety-day liquidation period for REMIC I and
      REMIC II, which authorization shall be binding upon all successor
      Certificateholders.

     

    The
      Securities Administrator as agent for each REMIC hereby agrees to adopt and
      sign
      such a plan of complete liquidation upon the written request of the Master
      Servicer or the Depositor, as applicable, and the receipt of the Opinion of
      Counsel referred to in Section 10.03(1) and to take such other action in
      connection therewith as may be reasonably requested by the Master Servicer
      or
      the Depositor, as applicable.

     

     

     

    ARTICLE
      XI

    MISCELLANEOUS
      PROVISIONS

     

    Section
      11.01  Amendment.

     

    This
      Agreement may be amended from time to time by parties hereto, without the
      consent of any of the Certificateholders to cure any ambiguity, to correct
      or
      supplement any provisions herein, to change the manner in which the Distribution
      Account maintained by the Securities Administrator or the Custodial Accounts
      maintained by the Servicer is maintained or to make such other provisions with
      respect to matters or questions arising under this Agreement as shall not be
      inconsistent with any other provisions herein if such action shall not, as
      evidenced by an Opinion of Counsel, adversely affect in any material respect
      the
      interests of any Certificateholder; provided that any such amendment shall
      be
      deemed not to adversely affect in any material respect the interests of the
      Certificateholders and no such Opinion of Counsel shall be required if the
      Person requesting such amendment obtains a letter from each Rating Agency
      stating that such amendment would not result in the downgrading or withdrawal
      of
      the respective ratings then assigned to the Certificates; provided further
      that
      any such amendment shall be deemed not to adversely affect in any material
      respect the interests of the Certificateholders.

     

    Notwithstanding
      the foregoing, without the consent of the Certificateholders, the parties hereto
      may at any time and from time to time amend this Agreement to effect any changes
      in the parties obligations as are necessary to accommodate evolving
      interpretations of the provisions of Regulation AB and to modify, eliminate
      or
      add to any of its provisions to such extent as shall be necessary or appropriate
      to maintain the qualification of each REMIC as a REMIC under the Code or to
      avoid or minimize the risk of the imposition of any tax on any REMIC pursuant
      to
      the Code that would be a claim against any REMIC at any time prior to the final
      redemption of the Certificates, provided that the Trustee has been provided
      an
      Opinion of Counsel, which opinion shall be an expense of the party requesting
      such opinion but in any case shall not be an expense of the Trustee or the
      Trust
      Fund, to the effect that such action is necessary or appropriate to maintain
      such qualification or to avoid or minimize the risk of the imposition of such
      a
      tax.

     

    This
      Agreement may also be amended from time to time by the parties hereto and the
      Holders of each Class of Certificates affected thereby evidencing over 50%
      of
      the Voting Rights of such Class or Classes for the purpose of adding any
      provisions to or changing in any manner or eliminating any of the provisions
      of
      this Agreement or of modifying in any manner the rights of the Holders of
      Certificates; provided that no such amendment shall (i) reduce in any manner
      the
      amount of, or delay the timing of, payments required to be distributed on any
      Certificate without the consent of the Holder of such Certificate, (ii) cause
      any REMIC to cease to qualify as a REMIC or (iii) reduce the aforesaid
      percentages of Certificates of each Class the Holders of which are required
      to
      consent to any such amendment without the consent of the Holders of all
      Certificates of such Class then outstanding.

     

    Notwithstanding
      any contrary provision of this Agreement, the Trustee shall not consent to
      any
      amendment to this Agreement unless it shall have first received an Opinion
      of
      Counsel, which opinion shall be an expense of the party requesting such
      amendment but in any case shall not be an expense of the Trustee, to the effect
      that such amendment will not (other than an amendment pursuant to clause (ii)
      of, and in accordance with, the preceding paragraph) cause the imposition of
      any
      tax on any REMIC or the Certificateholders or cause any REMIC to cease to
      qualify as a REMIC at any time that any Certificates are outstanding. Further,
      nothing in this Agreement shall require the Trustee to enter into an amendment
      without receiving an Opinion of Counsel, satisfactory to the Trustee that (i)
      such amendment is permitted and is not prohibited by this Agreement and (ii)
      that all requirements for amending this Agreement (including any consent of
      the
      applicable Certificateholders) have been complied with.

     

    Promptly
      after the execution of any amendment to this Agreement requiring the consent
      of
      Certificateholders, the Trustee shall furnish written notification of the
      substance of such amendment to each Certificateholder and each Rating
      Agency.

     

    It
      shall
      not be necessary for the consent of Certificateholders under this
      Section to approve the particular form of any proposed amendment, but it
      shall be sufficient if such consent shall approve the substance thereof. The
      manner of obtaining such consents and of evidencing the authorization of the
      execution thereof by Certificateholders shall be subject to such reasonable
      regulations as the Trustee may prescribe.

     

    The
      Trustee may, but shall not be obligated to enter into any amendment that affects
      its rights, duties or immunities under this Agreement or otherwise.

     

    Section
      11.02  Recordation
      of Agreement; Counterparts.

     

    To
      the
      extent permitted by applicable law, this Agreement is subject to recordation
      in
      all appropriate public offices for real property records in all of the counties
      or other comparable jurisdictions in which any or all of the Mortgaged
      Properties are situated, and in any other appropriate public recording office
      or
      elsewhere. The Sponsor or the Depositor shall effect such recordation at the
      Trust’s expense upon the request in writing of a Certificateholder, but only if
      such direction is accompanied by an Opinion of Counsel (provided at the expense
      of the Certificateholder requesting recordation) to the effect that such
      recordation would materially and beneficially affect the interests of the
      Certificateholders or is required by law.

     

    For
      the
      purpose of facilitating the recordation of this Agreement as herein provided
      and
      for other purposes, this Agreement may be executed simultaneously in any number
      of counterparts, each of which counterparts shall be deemed to be an original,
      and such counterparts shall constitute but one and the same
      instrument.

     

    Section
      11.03  Governing
      Law.

     

    THIS
      AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE SUBSTANTIVE
      LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED
      IN THE STATE OF NEW YORK AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
      HERETO AND THE CERTIFICATEHOLDERS SHALL BE DETERMINED IN ACCORDANCE WITH SUCH
      LAWS WITHOUT REGARD TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF OTHER THAN
      THE
      PROVISIONS OF SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS
      LAW.

     

    Section
      11.04  Intention
      of Parties.

     

    It
      is the
      express intent of the parties hereto that the conveyance of the Mortgage Notes,
      Mortgages, assignments of Mortgages, title insurance policies and any
      modifications, extensions and/or assumption agreements and private mortgage
      insurance policies relating to the Mortgage Loans by the Sponsor to the
      Depositor, and by the Depositor to the Trust Fund be, and be construed as,
      an
      absolute sale thereof to the Depositor or the Trust Fund, as applicable. It
      is,
      further, not the intention of the parties that such conveyance be deemed a
      pledge thereof by the Sponsor to the Depositor, or by the Depositor to the
      Trust
      Fund. However, in the event that, notwithstanding the intent of the parties,
      such assets are held to be the property of the Sponsor or the Depositor, as
      applicable, or if for any other reason this Agreement is held or deemed to
      create a security interest in such assets, then (i) this Agreement shall be
      deemed to be a security agreement within the meaning of the Uniform Commercial
      Code of the State of New York and (ii) each conveyance provided for in this
      Agreement shall be deemed to be an assignment and a grant by the Sponsor or
      the
      Depositor, as applicable, for the benefit of the Certificateholders, of a
      security interest in all of the assets that constitute the Trust Fund, whether
      now owned or hereafter acquired.

     

    The
      Depositor for the benefit of the Certificateholders shall, to the extent
      consistent with this Agreement, take such actions as may be necessary to ensure
      that, if this Agreement were deemed to create a security interest in the assets
      of the Trust Fund, such security interest would be deemed to be a perfected
      security interest of first priority under applicable law and will be maintained
      as such throughout the term of the Agreement.

     

    Section
      11.05  Notices.

     

    The
      Trustee shall use its best efforts to promptly provide notice to each Rating
      Agency with respect to each of the following of which it has actual
      knowledge:

     

    
      	(1)  	
              Any
                material change or amendment to this
                Agreement;

            

    

     

    
      	(2)  	
              The
                occurrence of any Servicer Default or Master Servicer Default that
                has not
                been cured;

            

    

     

    
      	(3)  	
              The
                resignation or termination of the Servicer, the Master Servicer or
                the
                Trustee and the appointment of any successor;
                and

            

    

     

    
      	(4)  	
              The
                final payment to
                Certificateholders.

            

    

     

    In
      addition, the Securities Administrator shall, upon request, promptly furnish
      to
      each Rating Agency copies of the following:

     

    
      	(1)  	
              Each
                Annual Statement of Compliance described in Section 3.13 of this
                Agreement; and

            

    

     

    
      	(2)  	
              Each
                Assessment of Compliance and Attestation Report described in
                Section 3.14.

            

    

     

    All
      directions, demands and notices hereunder shall be in writing and shall be
      deemed to have been duly given when delivered at or mailed by registered mail,
      return receipt requested, postage prepaid, or by recognized overnight courier,
      or by facsimile transmission to a number provided by the appropriate party
      if
      receipt of such transmission is confirmed to (i) in the case of the Depositor,
      Nomura Asset Acceptance Corp., 2 World Financial Center, Building B, New York,
      New York 10281 Attention: Nomura Asset Acceptance Corporation, Alternative
      Loan
      Trust, Series 2006-WF1; (ii) in the case of the Sponsor, Nomura Credit &
Capital, Inc., 2 World Financial Center, Building B, New York, New York 10281,
      Attention: Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series
      2006-WF1 or such other address as may be hereafter furnished to the other
      parties hereto by the Sponsor in writing; (iii) in the case of the Servicer,
      Wells Fargo Bank, N.A., 1 Home Campus, Des Moines, Iowa 50328-0001; (iv) in
      the
      case of the Trustee, at each Corporate Trust Office or such other address as
      the
      Trustee may hereafter furnish to the other parties hereto; (v) in the case
      of
      the Custodian, Wells Fargo Bank, N.A., 24 Executive Park, Suite 100, Irvine,
      California 92614, (vi) in the case of the Securities Administrator, its
      Corporate Trust Office; (vii) in the case of the Master Servicer, P.O. Box
      98,
      Columbia, Maryland 21046 (or for overnight deliveries, 9062 Old Annapolis Road,
      Columbia, Maryland 21045, Attention Client Manager - NAAC 2006-WF1) and (viii)
      in the case of the Rating Agencies, (a) Standard & Poor’s, 55 Water Street,
      41st
      Floor,
      New York, New York 10041, Attention: Mortgage Surveillance Group and (b) Moody’s
      Investors Service, Inc., 99 Church Street, New York, New York 10007, Attention:
      Home Equity Monitoring. Any notice delivered to the Sponsor or the Trustee
      under
      this Agreement shall be effective only upon receipt. Any notice required or
      permitted to be mailed to a Certificateholder, unless otherwise provided herein,
      shall be given by first-class mail, postage prepaid, at the address of such
      Certificateholder as shown in the Certificate Register; any notice so mailed
      within the time prescribed in this Agreement shall be conclusively presumed
      to
      have been duly given, whether or not the Certificateholder receives such
      notice.

     

    Section
      11.06  Severability
      of Provisions.

     

    If
      any
      one or more of the covenants, agreements, provisions or terms of this Agreement
      shall be for any reason whatsoever held invalid, then such covenants,
      agreements, provisions or terms shall be deemed severable from the remaining
      covenants, agreements, provisions or terms of this Agreement and shall in no
      way
      affect the validity or enforceability of the other provisions of this Agreement
      or of the Certificates or the rights of the Holders thereof.

     

    Section
      11.07  Assignment.

     

    Notwithstanding
      anything to the contrary contained herein, except as provided pursuant to
      Section 7.02, this Agreement may not be assigned by the Sponsor or the
      Depositor.

     

    Section
      11.08  Limitation
      on Rights of Certificateholders.

     

    The
      death
      or incapacity of any Certificateholder shall not operate to terminate this
      Agreement or the Trust Fund, nor entitle such Certificateholder’s legal
      representative or heirs to claim an accounting or to take any action or commence
      any proceeding in any court for a petition or winding up of the Trust Fund,
      or
      otherwise affect the rights, obligations and liabilities of the parties hereto
      or any of them.

     

    No
      Certificateholder shall have any right to vote (except as provided herein)
      or in
      any manner otherwise control the operation and management of the Trust Fund,
      or
      the obligations of the parties hereto, nor shall anything herein set forth
      or
      contained in the terms of the Certificates be construed so as to constitute
      the
      Certificateholders from time to time as partners or members of an association;
      nor shall any Certificateholder be under any liability to any third party by
      reason of any action taken by the parties to this Agreement pursuant to any
      provision hereof.

     

    No
      Certificateholder shall have any right by virtue or by availing itself of any
      provisions of this Agreement to institute any suit, action or proceeding in
      equity or at law upon or under or with respect to this Agreement, unless such
      Holder previously shall have given to the Trustee, a written notice of a
      Servicer Default and of the continuance thereof, as hereinbefore provided,
      the
      Holders of Certificates evidencing not less than twenty-five percent (25%)
      of
      the Voting Rights evidenced by the Certificates shall also have made written
      request to the Trustee to institute such action, suit or proceeding in its
      own
      name as Trustee, hereunder and shall have offered to the Trustee such indemnity
      satisfactory to it as it may require against the costs, expenses, and
      liabilities to be incurred therein or thereby, and the Trustee or for sixty
      (60)
      days after its receipt of such notice, request and offer of indemnity shall
      have
      neglected or refused to institute any such action, suit or proceeding; it being
      understood and intended, and being expressly covenanted by each
      Certificateholder with every other Certificateholder and the Trustee, that
      no
      one or more Holders of Certificates shall have any right in any manner whatever
      by virtue or by availing itself or themselves of any provisions of this
      Agreement to affect, disturb or prejudice the rights of the Holders of any
      other
      of the Certificates, or to obtain or seek to obtain priority over or preference
      to any other such Holder or to enforce any right under this Agreement, except
      in
      the manner herein provided and for the common benefit of all Certificateholders.
      For the protection and enforcement of the provisions of this Section 11.08,
      each and every Certificateholder or the Trustee shall be entitled to such relief
      as can be given either at law or in equity.

     

    Section
      11.09  Certificates
      Nonassessable and Fully Paid.

     

    It
      is the
      intention of the Depositor that Certificateholders shall not be personally
      liable for obligations of the Trust Fund, that the interests in the Trust Fund
      represented by the Certificates shall be nonassessable for any reason
      whatsoever, and that the Certificates, upon due authentication thereof by the
      Trustee pursuant to this Agreement, are and shall be deemed fully
      paid.

     

    Section
      11.10  Intention
      of the Parties and Interpretation.

     

    Each
      of
      the parties acknowledges and agrees that the purpose of Sections 3.13, 3.14,
      3.18 and 5.12 of this Agreement is to facilitate compliance by the Sponsor,
      the
      Master Servicer, the Securities Administrator and the Depositor with the
      provisions of Regulation AB promulgated by the SEC under the Exchange Act (17
      C.F.R. §§ 229.1100 - 229.1123), as such may be amended from time to time and
      subject to clarification and interpretive advice as may be issued by the staff
      of the SEC from time to time. Therefore, each of the parties agrees that (a)
      the
      obligations of the parties hereunder shall be interpreted in such a manner
      as to
      accomplish that purpose, (b) the parties’ obligations hereunder will be
      supplemented and modified as necessary to be consistent with any such
      amendments, interpretive advice or guidance, convention or consensus among
      active participants in the asset-backed securities markets, advice of counsel,
      or otherwise in respect of the requirements of Regulation AB and (c) the parties
      shall comply with requests made by the Sponsor, the Master Servicer, the
      Securities Administrator or the Depositor for delivery of additional or
      different information as the Sponsor or the Depositor may determine in good
      faith is necessary to comply with the provisions of Regulation AB.

     

    Section
      11.11  Early
      Termination of the Cap Contract.

     

    In
      the
      event that the Cap Contract is canceled or otherwise terminated for any reason
      (other than the exhaustion of the interest rate protection provided thereby),
      the Sponsor shall, to the extent a replacement contract is available, direct
      the
      Trustee to execute a replacement contract comparable to the Cap Contract which
      was cancelled or otherwise terminated, providing interest rate protection which
      is equal to the then-existing protection provided by the Cap Contract, which
      was
      cancelled or otherwise terminated provided, however, that the cost of any such
      replacement contract providing the same interest rate protection provided by
      such replacement contract may be reduced to a level such that the cost of such
      replacement contract shall not exceed the amount of any early termination
      payment. If the Trustee is unable to locate a qualified successor Cap Provider,
      any early termination payment will be remitted to the Net WAC Reserve Fund
      for
      the benefit of the
      Class
      A-1 Certificates
      for
      distribution by the Securities Administrator to the Class A-1 Certificates
      in
      accordance with Section 5.04(a), clause Third,
      item
      3.

     

     

     

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the Depositor, the Sponsor, the Master Servicer, the Securities
      Administrator and the Trustee have caused their names to be signed hereto by
      their respective officers thereunto duly authorized as of the day and year
      first
      above written.

     

    

    
      	 	
              NOMURA
                ASSET ACCEPTANCE
                CORPORATION,

            
	 	
              as
                Depositor

               

            
	 	
              By:
                /s/
                John P. Graham

            
	 	
              Name:
                

            
	 	
              Title:
                

               

            
	 	
              NOMURA
                CREDIT & CAPITAL, INC.,

            
	 	
              as
                Sponsor

               

            
	 	
              By:
                /s/
                Jeane D. Leschak

            
	 	
              Name:
                Jeane D. Leschak

            
	 	
              Title:
                Director

               

            
	 	
              WELLS
                FARGO
                BANK, NATIONAL
                ASSOCIATION,

            
	 	
              as
                Master Servicer and Securities Administrator

               

            
	 	
              By:
                /s/
                Amy Doyle

            
	 	
              Name:
                Amy Doyle

            
	 	
              Title:
                Vice President

               

            
	 	
              HSBC
                BANK
                USA, NATIONAL
                ASSOCIATION,

            
	 	
              as
                Trustee

               

            
	 	
              By:
                /s/
                Elena Zheng

            
	 	
              Name:
                Elena Zheng

            
	 	
              Title:
                Assistant Vice President

               

            
	 	
              With
                respect to Sections 3.33 and 3.34

               

            
	 	
              PORTFOLIO
                SURVEILLANCE ANALYTICS, LLC

               

            
	 	
              By:
                /s/
                Kevin J. Cooke

            
	 	
              Name:
                Kevin J. Cooke

            
	 	
              Title:
                Managing Partner

            
	 	 
	 	 
	 	 
	 	 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              STATE
                OF NEW YORK

            	
              )

            
	 	
              )
                ss.:

            
	
              COUNTY
                OF NEW YORK

            	
              )

            

    

    

    On
      this
      ___ day of August 2006, before me, a notary public in and for said State,
      appeared _____________, personally known to me on the basis of satisfactory
      evidence to be an authorized representative of Nomura Asset Acceptance
      Corporation, one of the corporations that executed the within instrument, and
      also known to me to be the person who executed it on behalf of such corporation
      and acknowledged to me that such corporation executed the within
      instrument.

     

    IN
      WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
      day and year in this certificate first above written.

     

    
      	 	
              ____________________________

            
	 	
              Notary
                Public

            

    

    [Notarial
      Seal]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              STATE
                OF NEW YORK

            	
              )

            
	 	
              )
                ss.:

            
	
              COUNTY
                OF NEW YORK

            	
              )

            

    

    

    On
      this
      ____ day of August 2006 before me, a notary public in and for said State,
      appeared_______________, personally known to me on the basis of satisfactory
      evidence to be an authorized representative of Nomura Credit & Capital,
      Inc., that executed the within instrument, and also known to me to be the person
      who executed it on behalf of such corporation, and acknowledged to me that
      such
      corporation executed the within instrument.

     

    IN
      WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
      day and year in this certificate first above written.

     

    
      	 	
              ____________________________

            
	 	
              Notary
                Public

            

    

    [Notarial
      Seal]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

     

    

    
      	
              STATE
                OF 

            	
              )

            
	 	
              )
                ss.:

            
	
              COUNTY

            	
              )

            

    

    

    On
      this
      ____ day of August 2006, before me, a notary public in and for said State,
      appeared _________________, personally known to me on the basis of satisfactory
      evidence to be an authorized representative of Portfolio Surveillance Analytics,
      LLC, one of the corporations that executed the within instrument, and also
      known
      to me to be the person who executed it on behalf of such corporation and
      acknowledged to me that such corporation executed the within
      instrument.

     

    IN
      WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
      day and year in this certificate first above written.

     

    
      	 	
              ____________________________

            
	 	
              Notary
                Public

            

    

    [Notarial
      Seal]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              STATE
                OF 

            	
              )

            
	 	
              )
                ss.:

            
	
              COUNTY
                OF 

            	
              )

            

    

    

    On
      this
      ____ day of August 2006, before me, a notary public in and for said State,
      appeared _______________, personally known to me on the basis of satisfactory
      evidence to be an authorized representative of HSBC Bank USA, National
      Association that executed the within instrument, and also known to me to be
      the
      person who executed it on behalf of such corporation, and acknowledged to me
      that such corporation executed the within instrument.

     

    IN
      WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
      day and year in this certificate first above written.

     

    
      	 	
              ____________________________

            
	 	
              Notary
                Public

            

    

    [Notarial
      Seal]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              STATE
                OF 

            	
              )

            
	 	
              )
                ss.:

            
	
              COUNTY
                OF 

            	
              )

            

    

    

    On
      this
      ____ day of August 2006, before me, a notary public in and for said State,
      appeared _______________, personally known to me on the basis of satisfactory
      evidence to be an authorized representative of Wells Fargo Bank, National
      Association that executed the within instrument, and also known to me to be
      the
      person who executed it on behalf of such entity, and acknowledged to me that
      such entity executed the within instrument.

     

    IN
      WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
      day and year in this certificate first above written.

     

    
      	 	
              ____________________________

            
	 	
              Notary
                Public

            

    

    [Notarial
      Seal]

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

      EXHIBIT
        A-1

      

      FORM
        OF CLASS
        A-[1][2][3][4][5][6] CERTIFICATE

      

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
        RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
        (THE “CODE”).

      

      THE
        CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL BE DECREASED BY THE
        PRINCIPAL PAYMENTS HEREON. ACCORDINGLY, FOLLOWING THE INITIAL ISSUANCE OF
        THE
        CERTIFICATES, THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL
        BE
        DIFFERENT FROM THE DENOMINATION SHOWN BELOW. ANYONE ACQUIRING THIS CERTIFICATE
        MAY ASCERTAIN ITS CERTIFICATE PRINCIPAL BALANCE BY INQUIRY OF THE SECURITIES
        ADMINISTRATOR NAMED HEREIN.

      

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY TO THE DEPOSITOR OR ITS AGENT FOR REGISTRATION OF TRANSFER,
        EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME
        OF
        CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
        OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE & CO., ANY
        TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
        PERSON
        IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
        HEREIN.

      
        	
                Certificate
                  No. __

              	
                Initial
                  Pass-Through Rate: [Variable][____%]

              
	 	 
	
                Class
                  A-[1][2][3][4][5][6] Senior

              	 
	 	 
	
                Date
                  of Pooling and Servicing Agreement

                and
                  Cut-off Date: August 1, 2006

              	
                Aggregate
                  Initial Certificate Principal Balance of the Class A-[1][2][3][4][5][6]
                  Certificates as of the Cut-off Date:

                $ 

              
	 	 
	
                Trustee:
                  HSBC Bank USA, National Association

              	 
	
                First
                  Distribution Date: September 25, 2006

              	
                Initial
                  Certificate Principal Balance of this Certificate as of the Cut-off
                  Date:
                  

                $

              
	 	
                Master
                  Servicer and Securities Administrator:

                Wells
                  Fargo Bank, N.A.

              
	
                Assumed
                  Final Distribution Date:

                June
                  25, 2036

              	
                CUSIP:
                  [__________________]

              
	 	 

      

      

      MORTGAGE
        PASS-THROUGH CERTIFICATE

      SERIES
        2006-WF1

      

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        A-[1][2][3][4][5][6] Certificates with respect to a Trust Fund consisting
        primarily of a pool of conventional one- to four-family fixed-rate mortgage
        loans sold by NOMURA ASSET ACCEPTANCE CORPORATION.

      

      

      This
        Certificate is payable solely from the assets of the Trust Fund, and does
        not
        represent an obligation of or interest in Nomura Asset Acceptance Corporation
        (“NAAC”) or the Trustee or any of their affiliates or any other person. Neither
        this Certificate nor the underlying Mortgage Loans are guaranteed or insured
        by
        any governmental entity or by NAAC or the Trustee or any of their affiliates
        or
        any other person. None of NAAC, the Trustee, the Securities Administrator
        or any
        of their affiliates will have any obligation with respect to any certificate
        or
        other obligation secured by or payable from payments on the
        Certificates.

      

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced hereby in the beneficial ownership interest of Certificates of
        the
        same Class as this Certificate in a trust (the “Trust Fund”) generally
        consisting of conventional first lien, fixed-rate mortgage loans secured
        by one-
        to four-family residences, units in planned unit developments and individual
        condominium units (collectively, the “Mortgage Loans”) sold by NAAC. The
        Mortgage Loans were sold by Nomura Credit & Capital, Inc. (the “Sponsor”)
        to
        NAAC. The Trust Fund was created pursuant to the Pooling and Servicing Agreement
        dated as of the Cut-off Date specified above (the “Agreement”), among NAAC, as
        depositor (the “Depositor”), the Sponsor, HSBC Bank USA, National Association,
        as trustee (the “Trustee”), and Wells Fargo Bank, N.A., as master servicer (the
“Master Servicer”) and securities administrator (the “Securities
        Administrator”), a summary of certain of the pertinent provisions of which is
        set forth hereafter. To the extent not defined herein, capitalized terms
        used
        herein shall have the meaning ascribed to them in the Agreement. This
        Certificate is issued under and is subject to the terms, provisions and
        conditions of the Agreement, to which Agreement the Holder of this Certificate
        by virtue of its acceptance hereof assents and by which such Holder is
        bound.

      

      Interest
        on this Certificate will accrue during [FOR CLASS A-1 CERTIFICATES][the period
        from and including the 25th day of the calendar month preceding the calendar
        month in which such Distribution Date occurs (or with respect to the first
        Accrual Period, the Closing Date) to and including the 24th day of the calendar
        month in which such Distribution Date occurs] [FOR CLASS A-[2][3][4][5][6]][the
        calendar month immediately preceding the calendar month in which such
        Distribution Date occurs] on the Certificate Principal Balance hereof at
        a per
        annum Pass-Through Rate equal to [FOR CLASS A-1 CERTIFICATES][the lesser
        of (i)
        One-Month LIBOR plus [______]% per annum and (ii) the Net WAC Rate Cap for
        such
        Distribution Date] [FOR CLASS A-[2][3][4]] CERTIFICATES][ the Initial
        Pass-Through Rate set forth on the face hereof for the First Distribution
        Date
        and, for each Distribution Date thereafter, the lesser of (i) [______]% per
        annum and (ii) the Net WAC Rate Cap for such Distribution Date] [FOR CLASS
        A-[5][6] CERTIFICATES][ the Initial Pass-Through Rate set forth on the face
        hereof for the First Distribution Date, and for each Distribution Date
        thereafter, the lesser of (i)(a) with respect to any Distribution Date which
        occurs on or prior to the Optional Termination Date, [_____]% per annum and
        (b)
        with respect to each Distribution Date which occurs thereafter, [_____]%
        per
        annum and (ii) the Net WAC Rate Cap for such Distribution Date]. The Securities
        Administrator will distribute on the 25th day of each month, or, if such
        25th
        day is not a Business Day, the immediately following Business Day (each,
        a
“Distribution Date”), commencing on the First Distribution Date specified above,
        to the Person in whose name this Certificate is registered on the applicable
        Record Date, an amount equal to the product of the Percentage Interest evidenced
        by this Certificate and the amount (of interest and principal, if any) required
        to be distributed to the Holders of Certificates of the same Class as this
        Certificate. The Assumed Final Distribution Date is the Distribution Date
        in
        June 2036 which is not likely to be the date on which the Certificate Principal
        Balance of this Class of Certificates will be reduced to zero. 

      

      Distributions
        on this Certificate will be made by the Securities Administrator by check
        mailed
        to the address of the Person entitled thereto as such name and address shall
        appear on the Certificate Register or, if such Person so requests by notifying
        the Securities Administrator in writing as specified in the Agreement.
        Notwithstanding the above, the final distribution on this Certificate will
        be
        made after due notice by the Securities Administrator of the pendency of
        such
        distribution and only upon presentation and surrender of this Certificate
        at the
        office or agency appointed by the Securities Administrator for that purpose
        and
        designated in such notice. The initial Certificate Principal Balance of this
        Certificate is set forth above. The Certificate Principal Balance hereof
        will be
        reduced to the extent of distributions allocable to principal
        hereon.

      

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

      

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Trustee
        is not
        liable to the Certificateholders for any amount payable under this Certificate
        or the Agreement or, except as expressly provided in the Agreement, subject
        to
        any liability under the Agreement.

      

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Securities Administrator. This Certificate is limited in right of
        payment
        to certain collections and recoveries respecting the Mortgage Loans and other
        assets included in the Trust Fund relating to the Mortgage Loans [FOR CLASS
        A-1
        ONLY: (including the Cap Agreement)], all as more specifically set forth
        in the
        Agreement.

      

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of the Class or Classes
        of
        Certificates affected thereby evidencing over 50% of the Voting Rights of
        such
        Class or Classes. Any such consent by the Holder of this Certificate shall
        be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

      

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Securities
        Administrator upon surrender of this Certificate for registration of transfer
        at
        the offices or agencies maintained by the Securities Administrator for such
        purposes, duly endorsed by, or accompanied by a written instrument of transfer
        in form satisfactory to the Securities Administrator duly executed by the
        Holder
        hereof or such Holder’s attorney duly authorized in writing, and thereupon one
        or more new Certificates in authorized denominations representing a like
        aggregate Percentage Interest will be issued to the designated
        transferee.

      

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

      

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Securities Administrator may require payment of a sum
        sufficient to cover any tax or other governmental charge payable in connection
        therewith. The Depositor, the Master Servicer, the Trustee, the Securities
        Administrator and any agent of any of them may treat the Person in whose
        name
        this Certificate is registered as the owner hereof for all purposes, and
        none of
        the Depositor, the Master Servicer, the Trustee, the Securities Administrator
        or
        any such agent shall be affected by notice to the contrary.

      

      The
        obligations created by the Agreement and the Trust Fund created thereby (other
        than the obligations to make payments to Certificateholders with respect
        to the
        termination of the Agreement) shall terminate upon the earlier of (i) the
        later
        of (A) the maturity or other liquidation (or Advance with respect thereto)
        of
        the last Mortgage Loan remaining in the Trust Fund and disposition of all
        property acquired upon foreclosure or deed in lieu of foreclosure of any
        Mortgage Loan and (B) the remittance of all funds due under the Agreement,
        or
        (ii) the optional repurchase by the party named in the Agreement of all the
        Mortgage Loans and other assets of the Trust Fund in accordance with the
        terms
        of the Agreement. Such optional repurchase may be made by the Master Servicer
        only on or after the Distribution Date on which the Stated Principal Balance
        of
        the Mortgage Loans is less than or equal to 10% of the Cut-off Date Principal
        Balance of the Mortgage Loans. The exercise of such right will effect the
        early
        retirement of the Certificates. In no event, however, will the Trust Fund
        created by the Agreement continue beyond the earlier of (i) the expiration
        of 21
        years after the death of certain persons identified in the Agreement and
        (ii)
        the Assumed Final Distribution Date.

      

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Securities Administrator by manual signature, this Certificate shall not
        be
        entitled to any benefit under the Agreement, or be valid for any
        purpose.

      IN
        WITNESS WHEREOF, the Securities Administrator has caused this Certificate
        to be
        duly executed.

      

      
        	
                Dated: August
                  __, 2006

              	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      
 

      CERTIFICATE
        OF AUTHENTICATION

      

      This
        is
        one of the Class A-[1][2][3][4][5][6] Certificates referred to in the
        within-mentioned Agreement.

       

      
        	 	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      ASSIGNMENT

      

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

      

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

      

      
        	 	 	 
	 	 	
                .

              

      

      

      
        	
                Dated:
                  

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

       

      

      DISTRIBUTION
        INSTRUCTIONS

      

      The
        assignee should include the following for purposes of distribution:

      

      
        	
                Distributions
                  shall be made, by wire transfer or otherwise, in immediately available
                  

              
	
                funds
                  to

              	 
	 
	
                for
                  the account of

              	 
	
                account
                  number

              	 	
                or,
                  if mailed by check, to

              
	 
	
                Applicable
                  statements should be mailed to

              	 
	 
	 
	
                This
                  information is provided by

              	 
	
                assignee
                  named above, or

              	 
	
                its
                  agent.

              	 

      

       

      EXHIBIT
        A-2

      

      FORM
        OF CLASS M-[1][2][3][4] CERTIFICATE

      

      THIS
        CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES
        [[,/AND] THE CLASS M-1 CERTIFICATES] [[,/AND] [THE CLASS M-2 CERTIFICATES]
        [AND
        THE CLASS M-3 CERTIFICATES] AS DESCRIBED IN THE AGREEMENT (AS DEFINED
        BELOW).

      

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
        RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
        (THE “CODE”).

      

      THE
        CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE WILL BE DECREASED BY THE
        PRINCIPAL PAYMENTS HEREON AND REALIZED LOSSES ALLOCABLE HERETO. ACCORDINGLY,
        FOLLOWING THE INITIAL ISSUANCE OF THE CERTIFICATES, THE CERTIFICATE PRINCIPAL
        BALANCE OF THIS CERTIFICATE WILL BE DIFFERENT FROM THE DENOMINATION SHOWN
        BELOW.
        ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CERTIFICATE PRINCIPAL
        BALANCE BY INQUIRY OF THE SECURITIES ADMINISTRATOR NAMED
        HEREIN.

       

      ANY
        TRANSFEREE OF THIS CERTIFICATE SHALL BE DEEMED TO MAKE THE REPRESENTATIONS
        SET
        FORTH IN SECTION 6.02(b) OF THE AGREEMENT.

       

      UNLESS
        THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
        TRUST COMPANY TO THE DEPOSITOR OR ITS AGENT FOR REGISTRATION OF TRANSFER,
        EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME
        OF
        CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
        OF THE DEPOSITORY TRUST COMPANY AND ANY PAYMENT IS MADE TO CEDE & CO., ANY
        TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
        PERSON
        IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
        HEREIN.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                Certificate
                  No. __

              	
                Pass-Through
                  Rate: ___%

              
	 	 
	
                Class
                  M-[1][2][3][4]
                  Subordinate

              	 
	 	 
	
                Date
                  of Pooling and Servicing Agreement

                and
                  Cut-off Date: August 1, 2006

              	
                Aggregate
                  Initial Certificate Principal Balance of this Class M-[1][2][3][4]
                  Certificate as of the Cut-off Date:

                $_______________

              
	
                Trustee:
                  HSBC Bank USA, National Association

              	 
	 	 
	
                First
                  Distribution Date:

                September
                  25, 2006

              	
                Initial
                  Certificate Principal Balance of this Certificate as of the Cut-off
                  Date:
                  

                $________________

              
	 	
                Master
                  Servicer and Securities Administrator: Wells Fargo Bank,
                  N.A.

              
	
                Assumed
                  Final Distribution Date:

                June
                  25, 2036

              	
                CUSIP:
                  [__________________]

              
	 	 

      

      

      MORTGAGE
        PASS-THROUGH CERTIFICATE

      SERIES
        2006-WF1

      

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        M-[1][2][3][4] Certificates with respect to a Trust Fund consisting primarily
        of
        a pool of conventional one- to four-family fixed-rate mortgage loans sold
        by
        NOMURA ASSET ACCEPTANCE CORPORATION.

      

      

      This
        Certificate is payable solely from the assets of the Trust Fund, and does
        not
        represent an obligation of or interest in Nomura Asset Acceptance Corporation
        (“NAAC”) or the Trustee or any of their affiliates or any other person. Neither
        this Certificate nor the underlying Mortgage Loans are guaranteed or insured
        by
        any governmental entity or by NAAC or the Trustee or any of their affiliates
        or
        any other person. None of NAAC, the Trustee, the Securities Administrator
        or any
        of their affiliates will have any obligation with respect to any certificate
        or
        other obligation secured by or payable from payments on the
        Certificates.

      

      This
        certifies that Cede & Co. is the registered owner of the Percentage Interest
        evidenced hereby in the beneficial ownership interest of Certificates of
        the
        same Class as this Certificate in a trust (the “Trust Fund”) generally
        consisting of conventional first lien, fixed-rate mortgage loans secured
        by one-
        to four-family residences, units in planned unit developments and individual
        condominium units (collectively, the “Mortgage Loans”) sold by NAAC. The
        Mortgage Loans were sold by Nomura Credit & Capital, Inc. (the “Sponsor”) to
        NAAC. The Trust Fund was created pursuant to the Pooling and Servicing Agreement
        dated as of the Cut-off Date specified above (the “Agreement”), among NAAC, as
        depositor (the “Depositor”), the Sponsor, HSBC Bank USA, National Association,
        as trustee (the “Trustee”) and Wells Fargo Bank, N.A. as master servicer (the
“Master Servicer”) and securities administrator (the “Securities
        Administrator”), a summary of certain of the pertinent provisions of which is
        set forth hereafter. To the extent not defined herein, capitalized terms
        used
        herein shall have the meaning ascribed to them in the Agreement. This
        Certificate is issued under and is subject to the terms, provisions and
        conditions of the Agreement, to which Agreement the Holder of this Certificate
        by virtue of its acceptance hereof assents and by which such Holder is
        bound.

      

      Interest
        on this Certificate will accrue during the calendar month prior to the calendar
        month in which a Distribution Date (as hereinafter defined) occurs on the
        Certificate Principal Balance hereof at a per annum Pass-Through Rate equal
        to
        the Initial Pass-Through Rate set forth on the face hereof for the First
        Distribution Date and, for each Distribution Date thereafter, the lesser
        of
        (i)(a) with respect to each Distribution Date which occurs on or prior to
        the
        Optional Termination Date, [____]% per annum and (b) with respect to each
        Distribution Date which occurs thereafter, [____]% per annum and (ii) the
        Net
        WAC Rate Cap for such Distribution Date. The Securities Administrator will
        distribute on the 25th day of each month, or, if such 25th day is not a Business
        Day, the immediately following Business Day (each, a “Distribution Date”),
        commencing on the First Distribution Date specified above, to the Person
        in
        whose name this Certificate is registered at the close of business on the
        last
        Business Day of the calendar month immediately preceding the month in which
        the
        Distribution Date occurs, an amount equal to the product of the Percentage
        Interest evidenced by this Certificate and the amount (of interest and
        principal, if any) required to be distributed to the Holders of Certificates
        of
        the same Class as this Certificate. The Assumed Final Distribution Date is
        the
        Distribution Date in the month of the latest scheduled maturity date of any
        Mortgage Loan and is not likely to be the date on which the Certificate
        Principal Balance of this Class of Certificates will be reduced to
        zero.

      

      Distributions
        on this Certificate will be made by the Securities Administrator by check
        mailed
        to the address of the Person entitled thereto as such name and address shall
        appear on the Certificate Register or, if such Person so requests by notifying
        the Securities Administrator in writing as specified in the Agreement.
        Notwithstanding the above, the final distribution on this Certificate will
        be
        made after due notice by the Securities Administrator of the pendency of
        such
        distribution and only upon presentation and surrender of this Certificate
        at the
        office or agency appointed by the Securities Administrator for that purpose
        and
        designated in such notice. The initial Certificate Principal Balance of this
        Certificate is set forth above. The Certificate Principal Balance hereof
        will be
        reduced to the extent of distributions allocable to principal hereon and
        any
        Realized Losses allocable hereto.

      

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

      

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Trustee
        is not
        liable to the Certificateholders for any amount payable under this Certificate
        or the Agreement or, except as expressly provided in the Agreement, subject
        to
        any liability under the Agreement.

      

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Securities Administrator. The Certificates are limited in right of
        payment to certain collections and recoveries respecting the Mortgage Loans
        and
        other assets included in the Trust Fund relating to the Mortgage Loans, all
        as
        more specifically set forth in the Agreement.

      

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of the Class or Classes
        of
        Certificates affected thereby evidencing over 50% of the Voting Rights of
        such
        Class or Classes. Any such consent by the Holder of this Certificate shall
        be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

      

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Securities
        Administrator upon surrender of this Certificate for registration of transfer
        at
        the offices or agencies maintained by the Securities Administrator for such
        purposes, duly endorsed by, or accompanied by a written instrument of transfer
        in form satisfactory to the Securities Administrator duly executed by the
        Holder
        hereof or such Holder’s attorney duly authorized in writing, and thereupon one
        or more new Certificates in authorized denominations representing a like
        aggregate Percentage Interest will be issued to the designated
        transferee.

       

      Any
        transferee of this Certificate shall be deemed to make the representations
        set
        forth in Section 6.02(b) of the Agreement.

      

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

      

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Securities Administrator may require payment of a sum
        sufficient to cover any tax or other governmental charge payable in connection
        therewith. The Depositor, the Master Servicer, the Trustee, the Securities
        Administrator and any agent of any of them may treat the Person in whose
        name
        this Certificate is registered as the owner hereof for all purposes, and
        none of
        the Depositor, the Master Servicer, the Trustee, the Securities Administrator
        or
        any such agent shall be affected by notice to the contrary.

      

      The
        obligations created by the Agreement and the Trust Fund created thereby (other
        than the obligations to make payments to Certificateholders with respect
        to the
        termination of the Agreement) shall terminate upon the earlier of (i) the
        later
        of (A) the maturity or other liquidation (or Advance with respect thereto)
        of
        the last Mortgage Loan remaining in the Trust Fund and disposition of all
        property acquired upon foreclosure or deed in lieu of foreclosure of any
        Mortgage Loan and (B) the remittance of all funds due under the Agreement,
        or
        (ii) the optional repurchase by the party named in the Agreement of all the
        Mortgage Loans and other assets of the Trust Fund in accordance with the
        terms
        of the Agreement. Such optional repurchase may be made by the Master Servicer
        only on or after the Distribution Date on which the Stated Principal Balance
        of
        the Mortgage Loans is less than or equal to 10% of the Cut-off Date Principal
        Balance of the Mortgage Loans. The exercise of such right will effect the
        early
        retirement of the Certificates. In no event, however, will the Trust Fund
        created by the Agreement continue beyond the earlier of (i) the expiration
        of 21
        years after the death of certain persons identified in the Agreement and
        (ii)
        the Assumed Final Distribution Date.

      

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Securities Administrator by manual signature, this Certificate shall not
        be
        entitled to any benefit under the Agreement, or be valid for any
        purpose.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Securities Administrator has caused this Certificate
        to be
        duly executed.

      

      
        	
                Dated: August
                  __, 2006

              	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

       

      

      CERTIFICATE
        OF AUTHENTICATION

      

      This
        is
        one of the Class M-[1][2][3][4] Certificates referred to in the within-mentioned
        Agreement.

      

      
        	 	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      

      

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      ASSIGNMENT

      

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

      

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

      

      
        	 	 	 
	 	 	
                .

              

      

      

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

       

      

      DISTRIBUTION
        INSTRUCTIONS

      

      The
        assignee should include the following for purposes of distribution:

      

      
        	
                Distributions
                  shall be made, by wire transfer or otherwise, in immediately available
                  

              
	
                funds
                  to

              	 
	 
	
                for
                  the account of

              	 
	
                Account
                  number

              	 	
                or,
                  if mailed by check, to

              
	 
	
                Applicable
                  statements should be mailed to

              	 
	 
	 
	
                This
                  information is provided by

              	 
	
                Assignee
                  named above, or

              	 
	
                its
                  agent.

              	 

      

       

      EXHIBIT
        A-3

       

      FORM
        OF CLASS X CERTIFICATE

      

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
        RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
        (THE “CODE”).

      

      THIS
        CERTIFICATE IS SUBORDINATE TO THE SENIOR CERTIFICATES AND MEZZANINE CERTIFICATES
        TO THE EXTENT DESCRIBED IN THE AGREEMENT REFERRED TO
        HEREIN.

      

      THIS
        CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
        ACT OF
        1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE SECURITIES LAWS. THE
        HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
        MAY
        BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY IN COMPLIANCE
        WITH
        THE SECURITIES ACT AND OTHER APPLICABLE LAWS AND ONLY (1) PURSUANT TO RULE
        144A
        UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY
        BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A
        (A
“QIB”), PURCHASING FOR ITS OWN ACCOUNT OR A QIB PURCHASING FOR THE ACCOUNT OF
        A
        QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE, THAT THE REOFFER, RESALE,
        PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) PURSUANT
        TO
        AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES
        ACT (IF
        AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN “INSTITUTIONAL ACCREDITED INVESTOR”
WITHIN THE MEANING THEREOF IN RULE 501(a)(1), (2), (3) or (7) OF REGULATION
        D
        UNDER THE ACT OR ANY ENTITY IN WHICH ALL OF THE EQUITY OWNERS COME WITHIN
        SUCH
        PARAGRAPHS PURCHASING NOT FOR DISTRIBUTION IN VIOLATION OF THE SECURITIES
        ACT,
        SUBJECT TO (A) THE RECEIPT BY THE SECURITIES ADMINISTRATOR OF A LETTER
        SUBSTANTIALLY IN THE FORM PROVIDED IN THE AGREEMENT AND (B) THE RECEIPT BY
        THE
        SECURITIES ADMINISTRATOR OF SUCH OTHER EVIDENCE ACCEPTABLE TO THE SECURITIES
        ADMINISTRATOR THAT SUCH REOFFER, RESALE, PLEDGE OR TRANSFER IS IN COMPLIANCE
        WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS OR IN EACH CASE IN ACCORDANCE
        WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES AND ANY OTHER
        APPLICABLE JURISDICTION.

      

      NO
        TRANSFER OF THIS CERTIFICATE SHALL BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE
        PROVIDES A CERTIFICATION PURSUANT TO SECTION 6.02(b) OF THE
        AGREEMENT.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                Certificate
                  No. __

              	
                Percentage
                  Interest: ____

              
	 	 
	
                Class
                  X

              	
                Variable
                  Pass-Through Rate

              
	 	 
	
                Date
                  of Pooling and Servicing Agreement and Cut-off Date: August 1,
                  2006

              	
                Initial
                  Certificate Notional Balance of this Certificate as of the Cut-off
                  Date:

              
	 	 
	
                Trustee:
                  HSBC Bank USA, National Association

              	 
	
                First
                  Distribution Date: September 25, 2006

              	 
	 	
                Master
                  Servicer and Securities Administrator: Wells Fargo Bank,
                  N.A.

              
	
                Assumed
                  Final Distribution Date: June 25, 2036

              	
                CUSIP:
                  [__________________]

              

      

      

      MORTGAGE
        PASS-THROUGH CERTIFICATE

      SERIES
        2006-WF1

      

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        X
        Certificates with respect to a Trust Fund consisting primarily of a pool
        of
        conventional one- to four-family fixed-rate mortgage loans sold by NOMURA
        ASSET
        ACCEPTANCE CORPORATION.

      

      

      This
        Certificate is payable solely from the assets of the Trust Fund, and does
        not
        represent an obligation of or interest in Nomura Asset Acceptance Corporation
        (“NAAC”) or the Trustee referred to below or any of their affiliates or any
        other person. Neither this Certificate nor the underlying Mortgage Loans
        are
        guaranteed or insured by any governmental entity or by NAAC or the Trustee
        or
        any of their affiliates or any other person. None of NAAC, the Trustee, the
        Securities Administrator or any of their affiliates will have any obligation
        with respect to any certificate or other obligation secured by or payable
        from
        payments on the Certificates.

      

      This
        certifies that Nomura Securities International, Inc. is the registered owner
        of
        the Percentage Interest evidenced hereby in the beneficial ownership interest
        of
        Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
        generally consisting of conventional first lien, fixed-rate mortgage loans
        secured by one- to four-family residences, units in planned unit developments
        and individual condominium units (collectively, the “Mortgage Loans”) sold by
        NAAC. The Mortgage Loans were sold by Nomura Credit & Capital, Inc. (the
“Sponsor”) to NAAC. The Trust Fund was created pursuant to the Pooling and
        Servicing Agreement dated as of the Cut-off Date specified above (the
“Agreement”), among NAAC, as depositor (the “Depositor”), the Sponsor, HSBC Bank
        USA, National Association, as trustee (the “Trustee”) and Wells Fargo Bank,
        N.A., as master servicer (the “Master Servicer”) and securities administrator
        (the “Securities Administrator”), a summary of certain of the pertinent
        provisions of which is set forth hereafter. To the extent not defined herein,
        capitalized terms used herein shall have the meaning ascribed to them in
        the
        Agreement. This Certificate is issued under and is subject to the terms,
        provisions and conditions of the Agreement, to which Agreement the Holder
        of
        this Certificate by virtue of its acceptance hereof assents and by which
        such
        Holder is bound.

      

      Interest
        on this Certificate will accrue during the month prior to the month in which
        a
        Distribution Date (as hereinafter defined) occurs on the Certificate Notional
        Balance hereof at a per annum rate equal to the Class X Pass-Through Rate
        as set
        forth in the Agreement. The Securities Administrator will distribute on the
        25th
        day of each month, or, if such 25th day is not a Business Day, the immediately
        following Business Day (each, a “Distribution Date”), commencing on the First
        Distribution Date specified above, to the Person in whose name this Certificate
        is registered at the close of business on the last day Business Day immediately
        preceding such Distribution Date, an amount equal to the product of the
        Percentage Interest evidenced by this Certificate and the amount required
        to be
        distributed to the Holders of Certificates of the same Class as this
        Certificate. The Assumed Final Distribution Date is the Distribution Date
        in the
        month of the latest scheduled maturity date of any Mortgage Loan. 

      

      Distributions
        on this Certificate will be made by the Securities Administrator by check
        mailed
        to the address of the Person entitled thereto as such name and address shall
        appear on the Certificate Register or, if such Person so requests by notifying
        the Securities Administrator in writing as specified in the Agreement.
        Notwithstanding the above, the final distribution on this Certificate will
        be
        made after due notice by the Securities Administrator of the pendency of
        such
        distribution and only upon presentation and surrender of this Certificate
        at the
        office or agency appointed by the Securities Administrator for that purpose
        and
        designated in such notice.

      

      No
        transfer of this Certificate shall be made unless the transfer is made pursuant
        to an effective registration statement under the Securities Act of 1933,
        as
        amended (the “1933 Act”), and an effective registration or qualification under
        applicable state securities laws, or is made in a transaction that does not
        require such registration or qualification. In the event that such a transfer
        of
        this Certificate is to be made without registration or qualification, the
        Securities Administrator shall require receipt of (i) if such transfer is
        purportedly being made in reliance upon Rule 144A under the 1933 Act, written
        certifications from the Holder of the Certificate desiring to effect the
        transfer, and from such Holder’s prospective transferee, substantially in the
        forms attached to the Agreement as Exhibit E and either F or G, as applicable,
        and (ii) in all other cases, an Opinion of Counsel satisfactory to it that
        such
        transfer may be made without such registration or qualification (which Opinion
        of Counsel shall not be an expense of the Trust Fund or of the Depositor,
        the
        Securities Administrator or the Trustee in their respective capacities as
        such),
        together with copies of the written certification(s) of the Holder of the
        Certificate desiring to effect the transfer and/or such Holder’s prospective
        transferee upon which such Opinion of Counsel is based. Neither the Depositor,
        the Securities Administrator nor the Trustee is obligated to register or
        qualify
        the Class of Certificates specified on the face hereof under the 1933 Act
        or any
        other securities law or to take any action not otherwise required under the
        Agreement to permit the transfer of such Certificates without registration
        or
        qualification. Any Holder desiring to effect a transfer of this Certificate
        shall be required to indemnify the Trustee, the Securities Administrator,
        the
        Depositor and the Sponsor against any liability that may result if the transfer
        is not so exempt or is not made in accordance with such federal and state
        laws.

      

      No
        transfer of this Certificate shall be made to any person unless the transferee
        provides a certification pursuant to Section 6.02(b) of the
        Agreement.

       

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

      

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Securities
        Administrator is not liable to the Certificateholders for any amount payable
        under this Certificate or the Agreement or, except as expressly provided
        in the
        Agreement, subject to any liability under the Agreement.

      

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Securities Administrator. 

      

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of the Class or Classes
        of
        Certificates affected thereby evidencing over 50% of the Voting Rights of
        such
        Class or Classes. Any such consent by the Holder of this Certificate shall
        be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

      

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Securities
        Administrator upon surrender of this Certificate for registration of transfer
        at
        the offices or agencies maintained by the Securities Administrator for such
        purposes, duly endorsed by, or accompanied by a written instrument of transfer
        in form satisfactory to the Securities Administrator duly executed by the
        Holder
        hereof or such Holder’s attorney duly authorized in writing, and thereupon one
        or more new Certificates in authorized denominations representing a like
        aggregate Percentage Interest will be issued to the designated
        transferee.

      

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

      

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Securities Administrator may require payment of a sum
        sufficient to cover any tax or other governmental charge payable in connection
        therewith. The Depositor, the Master Servicer, the Trustee, the Securities
        Administrator and any agent of any of them may treat the Person in whose
        name
        this Certificate is registered as the owner hereof for all purposes, and
        none of
        the Depositor, the Master Servicer, the Trustee, the Securities Administrator
        or
        any such agent shall be affected by notice to the contrary.

      

      The
        obligations created by the Agreement and the Trust Fund created thereby (other
        than the obligations to make payments to Certificateholders with respect
        to the
        termination of the Agreement) shall terminate upon the earlier of (i) the
        later
        of (A) the maturity or other liquidation (or Advance with respect thereto)
        of
        the last Mortgage Loan remaining in the Trust Fund and disposition of all
        property acquired upon foreclosure or deed in lieu of foreclosure of any
        Mortgage Loan and (B) the remittance of all funds due under the Agreement,
        or
        (ii) the optional repurchase by the party named in the Agreement of all the
        Mortgage Loans and other assets of the Trust Fund in accordance with the
        terms
        of the Agreement. Such optional repurchase may be made by the Master Servicer
        only on or after the Distribution Date on which the Stated Principal Balance
        of
        the Mortgage Loans is less than or equal to 10% of the Cut-off Date Principal
        Balance of the Mortgage Loans. The exercise of such right will effect the
        early
        retirement of the Certificates. In no event, however, will the Trust Fund
        created by the Agreement continue beyond the earlier of (i) the expiration
        of 21
        years after the death of certain persons identified in the Agreement and
        (ii)
        the Assumed Final Distribution Date.

      

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Securities Administrator by manual signature, this Certificate shall not
        be
        entitled to any benefit under the Agreement, or be valid for any
        purpose.

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      IN
        WITNESS WHEREOF, the Securities Administrator has caused this Certificate
        to be
        duly executed.

      

      
        	
                Dated: August
                  __, 2006

              	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      

      

      CERTIFICATE
        OF AUTHENTICATION

      

      This
        is
        one of the Class X Certificates referred to in the within-mentioned
        Agreement.

      

      
        	 	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      ASSIGNMENT

      

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

      

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

      

      
        	 	 	 
	 	 	
                .

              

      

      

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

      

      

      DISTRIBUTION
        INSTRUCTIONS

      

      The
        assignee should include the following for purposes of distribution:

      

      
        	
                Distributions
                  shall be made, by wire transfer or otherwise, in immediately available
                  

              
	
                funds
                  to

              	 
	 
	
                for
                  the account of

              	 
	
                account
                  number

              	 	
                or,
                  if mailed by check, to

              
	 
	
                Applicable
                  statements should be mailed to

              	 
	 
	 
	
                This
                  information is provided by

              	 
	
                assignee
                  named above, or

              	 
	
                its
                  agent.

              	 

      

       

      

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

            
            

          

        

      EXHIBIT
        A-4

       

      FORM
        OF CLASS P CERTIFICATE

      

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED,
        RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
        (THE “CODE”).

       

      THIS
        CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
        ACT OF
        1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE SECURITIES LAWS. THE
        HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
        MAY
        BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY IN COMPLIANCE
        WITH
        THE SECURITIES ACT AND OTHER APPLICABLE LAWS AND ONLY (1) PURSUANT TO RULE
        144A
        UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY
        BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A
        (A
“QIB”), PURCHASING FOR ITS OWN ACCOUNT OR A QIB PURCHASING FOR THE ACCOUNT OF
        A
        QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE, THAT THE REOFFER, RESALE,
        PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) PURSUANT
        TO
        AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES
        ACT (IF
        AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN “INSTITUTIONAL ACCREDITED INVESTOR”
WITHIN THE MEANING THEREOF IN RULE 501(a)(1), (2), (3) or (7) OF REGULATION
        D
        UNDER THE ACT OR ANY ENTITY IN WHICH ALL OF THE EQUITY OWNERS COME WITHIN SUCH
        PARAGRAPHS PURCHASING NOT FOR DISTRIBUTION IN VIOLATION OF THE SECURITIES
        ACT,
        SUBJECT TO (A) THE RECEIPT BY THE SECURITIES ADMINISTRATOR OF A LETTER
        SUBSTANTIALLY IN THE FORM PROVIDED IN THE AGREEMENT AND (B) THE RECEIPT BY
        THE
        SECURITIES ADMINISTRATOR OF SUCH OTHER EVIDENCE ACCEPTABLE TO THE SECURITIES
        ADMINISTRATOR THAT SUCH REOFFER, RESALE, PLEDGE OR TRANSFER IS IN COMPLIANCE
        WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS OR IN EACH CASE IN ACCORDANCE
        WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED STATES AND ANY OTHER
        APPLICABLE JURISDICTION.

      

      NO
        TRANSFER OF THIS CERTIFICATE SHALL BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE
        PROVIDES A CERTIFICATION PURSUANT TO SECTION 6.02(b) OF THE
        AGREEMENT.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                Certificate
                  No. ___

              	
                Percentage
                  Interest: 100%

              
	 	 
	
                Class
                  P

              	 
	 	 
	
                Date
                  of Pooling and Servicing Agreement and Cut-off Date: August 1,
                  2006

              	
                Aggregate
                  Initial Certificate Principal Balance of the Class P Certificates
                  as of
                  the Cut-off Date: $100

              
	 	 
	
                First
                  Distribution Date: September 25, 2006

              	
                Initial
                  Certificate Principal Balance of the Certificate as of the Cut-off
                  Date:
                  $100

              
	
                Trustee:
                  HSBC Bank USA, National Association

              	 
	 	 
	 	
                Master
                  Servicer and Securities Administrator: Wells Fargo Bank,
                  N.A.

              
	
                Assumed
                  Final Distribution Date: June 25, 2036

              	 
	 	
                CUSIP:
                  [__________________]

              

      

      

      MORTGAGE
        PASS-THROUGH CERTIFICATE

      SERIES
        2006-WF1

      

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        P
        Certificates with respect to a Trust Fund consisting primarily of a pool
        of
        conventional one- to four-family fixed-rate mortgage loans sold by NOMURA
        ASSET
        ACCEPTANCE CORPORATION.

      

      

      This
        Certificate is payable solely from the assets of the Trust Fund, and does
        not
        represent an obligation of or interest in Nomura Asset Acceptance Corporation
        (“NAAC”) or the Trustee referred to below or any of their affiliates or any
        other person. Neither this Certificate nor the underlying Mortgage Loans
        are
        guaranteed or insured by any governmental entity or by NAAC or the Trustee
        or
        any of their affiliates or any other person. None of NAAC, the Trustee, the
        Securities Administrator or any of their affiliates will have any obligation
        with respect to any certificate or other obligation secured by or payable
        from
        payments on the Certificates.

      

      This
        certifies that Nomura Securities International, Inc. is the registered owner
        of
        the Percentage Interest evidenced hereby in the beneficial ownership interest
        of
        Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
        generally consisting of conventional first lien, fixed-rate mortgage loans
        secured by one- to four-family residences, units in planned unit developments
        and individual condominium units (collectively, the “Mortgage Loans”) sold by
        NAAC. The Mortgage Loans were sold by Nomura Credit & Capital, Inc. (the
“Sponsor”) to NAAC. The Trust Fund was created pursuant to the Pooling and
        Servicing Agreement dated as of the Cut-off Date specified above (the
“Agreement”), among NAAC, as depositor (the “Depositor”), the Sponsor, HSBC Bank
        USA, National Association, as trustee (the “Trustee”) and Wells Fargo Bank, N.A.
        as master servicer (the “Master Servicer) and securities administrator (the
“Securities Administrator”), a summary of certain of the pertinent provisions of
        which is set forth hereafter. To the extent not defined herein, capitalized
        terms used herein shall have the meaning ascribed to them in the Agreement.
        This
        Certificate is issued under and is subject to the terms, provisions and
        conditions of the Agreement, to which Agreement the Holder of this Certificate
        by virtue of its acceptance hereof assents and by which such Holder is
        bound.

      

      The
        Securities Administrator will distribute on the 25th day of each month, or,
        if
        such 25th day is not a Business Day, the immediately following Business Day
        (each, a “Distribution Date”), commencing on the First Distribution Date
        specified above, to the Person in whose name this Certificate is registered
        at
        the close of business on the last day (or if such last day is not a Business
        Day, the Business Day immediately preceding such last day) of the calendar
        month
        immediately preceding the month in which the Distribution Date occurs, an
        amount
        equal to the product of the Percentage Interest evidenced by this Certificate
        and the amount required to be distributed to the Holders of Certificates
        of the
        same Class as this Certificate. The Assumed Final Distribution Date is the
        Distribution Date in the month following the latest scheduled maturity date
        of
        any Mortgage Loan.

       

      Distributions
        on this Certificate will be made by the Securities Administrator by check
        mailed
        to the address of the Person entitled thereto as such name and address shall
        appear on the Certificate Register or, if such Person so requests by notifying
        the Securities Administrator in writing as specified in the Agreement.
        Notwithstanding the above, the final distribution on this Certificate will
        be
        made after due notice by the Securities Administrator of the pendency of
        such
        distribution and only upon presentation and surrender of this Certificate
        at the
        office or agency appointed by the Securities Administrator for that purpose
        and
        designated in such notice.

      

      No
        transfer of this Certificate shall be made unless the transfer is made pursuant
        to an effective registration statement under the Securities Act of 1933,
        as
        amended (the “1933 Act”), and an effective registration or qualification under
        applicable state securities laws, or is made in a transaction that does not
        require such registration or qualification. In the event that such a transfer
        of
        this Certificate is to be made without registration or qualification, the
        Securities Administrator shall require receipt of (i) if such transfer is
        purportedly being made in reliance upon Rule 144A under the 1933 Act, written
        certifications from the Holder of the Certificate desiring to effect the
        transfer, and from such Holder’s prospective transferee, substantially in the
        forms attached to the Agreement as Exhibit E and either F or G, as applicable,
        and (ii) in all other cases, an Opinion of Counsel satisfactory to it that
        such
        transfer may be made without such registration or qualification (which Opinion
        of Counsel shall not be an expense of the Trust Fund or of the Depositor,
        the
        Securities Administrator or the Trustee in their respective capacities as
        such),
        together with copies of the written certification(s) of the Holder of the
        Certificate desiring to effect the transfer and/or such Holder’s prospective
        transferee upon which such Opinion of Counsel is based. Neither the Depositor,
        the Securities Administrator nor the Trustee is obligated to register or
        qualify
        the Class of Certificates specified on the face hereof under the 1933 Act
        or any
        other securities law or to take any action not otherwise required under the
        Agreement to permit the transfer of such Certificates without registration
        or
        qualification. Any Holder desiring to effect a transfer of this Certificate
        shall be required to indemnify the Trustee, the Securities Administrator,
        the
        Depositor and the Sponsor against any liability that may result if the transfer
        is not so exempt or is not made in accordance with such federal and state
        laws.

      

      No
        transfer of this Certificate shall be made to any person unless the transferee
        provides a certification pursuant to Section 6.02(b) of the
        Agreement.

      

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

      

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Securities
        Administrator is not liable to the Certificateholders for any amount payable
        under this Certificate or the Agreement or, except as expressly provided
        in the
        Agreement, subject to any liability under the Agreement.

      

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Securities Administrator. 

      

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of the Class or Classes
        of
        Certificates affected thereby evidencing over 50% of the Voting Rights of
        such
        Class or Classes. Any such consent by the Holder of this Certificate shall
        be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

      

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Securities
        Administrator upon surrender of this Certificate for registration of transfer
        at
        the offices or agencies maintained by the Securities Administrator for such
        purposes, duly endorsed by, or accompanied by a written instrument of transfer
        in form satisfactory to the Securities Administrator duly executed by the
        Holder
        hereof or such Holder’s attorney duly authorized in writing, and thereupon one
        or more new Certificates in authorized denominations representing a like
        aggregate Percentage Interest will be issued to the designated
        transferee.

      

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

      

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Securities Administrator may require payment of a sum
        sufficient to cover any tax or other governmental charge payable in connection
        therewith. The Depositor, the Master Servicer, the Trustee, the Securities
        Administrator and any agent of any of them may treat the Person in whose
        name
        this Certificate is registered as the owner hereof for all purposes, and
        none of
        the Depositor, the Master Servicer, the Trustee, the Securities Administrator
        or
        any such agent shall be affected by notice to the contrary.

      

      The
        obligations created by the Agreement and the Trust Fund created thereby (other
        than the obligations to make payments to Certificateholders with respect
        to the
        termination of the Agreement) shall terminate upon the earlier of (i) the
        later
        of (A) the maturity or other liquidation (or Advance with respect thereto)
        of
        the last Mortgage Loan remaining in the Trust Fund and disposition of all
        property acquired upon foreclosure or deed in lieu of foreclosure of any
        Mortgage Loan and (B) the remittance of all funds due under the Agreement,
        or
        (ii) the optional repurchase by the party named in the Agreement of all the
        Mortgage Loans and other assets of the Trust Fund in accordance with the
        terms
        of the Agreement. Such optional repurchase may be made by the Master Servicer
        only on or after the Distribution Date on which the Stated Principal Balance
        of
        the Mortgage Loans is less than or equal to 10% of the Cut-off Date Principal
        Balance of the Mortgage Loans. The exercise of such right will effect the
        early
        retirement of the Certificates. In no event, however, will the Trust Fund
        created by the Agreement continue beyond the earlier of (i) the expiration
        of 21
        years after the death of certain persons identified in the Agreement and
        (ii)
        the Assumed Final Distribution Date.

      

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Securities Administrator by manual signature, this Certificate shall not
        be
        entitled to any benefit under the Agreement, or be valid for any
        purpose.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      IN
        WITNESS WHEREOF, the Securities Administrator has caused this Certificate
        to be
        duly executed.

      

      
        	
                Dated: May
                  __, 2006

              	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      

      

      CERTIFICATE
        OF AUTHENTICATION

      

      This
        is
        one of the Class P Certificates referred to in the within-mentioned
        Agreement.

      

      
        	 	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      ASSIGNMENT

      

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

      

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

      

      
        	 	 	 
	 	 	
                .

              

      

      

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

       

      

      DISTRIBUTION
        INSTRUCTIONS

      

      The
        assignee should include the following for purposes of distribution:

      

      
        	
                Distributions
                  shall be made, by wire transfer or otherwise, in immediately available
                  

              
	
                funds
                  to

              	 
	 
	
                for
                  the account of

              	 
	
                account
                  number

              	 	
                or,
                  if mailed by check, to

              
	 
	
                Applicable
                  statements should be mailed to

              	 
	 
	 
	
                This
                  information is provided by

              	 
	
                assignee
                  named above, or

              	 
	
                its
                  agent.

              	 

      

       

      EXHIBIT
        A-5

       

      FORM
        OF CLASS R CERTIFICATE

      

      THIS
        CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON-UNITED STATES PERSON
        OR A
        DISQUALIFIED ORGANIZATION (AS DEFINED BELOW).

      

      SOLELY
        FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST”
IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” AS THOSE TERMS ARE DEFINED,
        RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986
        (THE “CODE”).

      

      NO
        TRANSFER OF THIS CERTIFICATE SHALL BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE
        PROVIDES A CERTIFICATION PURSUANT TO SECTION 6.02(b) OF THE
        AGREEMENT.

      

      ANY
        RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY
        IF
        THE PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE SECURITIES
        ADMINISTRATOR THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY
        STATE
        OR POLITICAL SUBDIVISION THEREOF, ANY POSSESSION OF THE UNITED STATES, OR
        ANY
        AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING (OTHER THAN AN INSTRUMENTALITY
        WHICH IS A CORPORATION IF ALL OF ITS ACTIVITIES ARE SUBJECT TO TAX AND EXCEPT
        FOR FREDDIE MAC, A MAJORITY OF ITS BOARD OF DIRECTORS IS NOT SELECTED BY
        SUCH
        GOVERNMENTAL UNIT), (B) A FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION,
        OR
        ANY AGENCY OR INSTRUMENTALITY OF EITHER OF THE FOREGOING, (C) ANY ORGANIZATION
        (OTHER THAN CERTAIN FARMERS’ COOPERATIVES DESCRIBED IN SECTION 521 OF THE CODE)
        WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH
        ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE (INCLUDING
        THE TAX IMPOSED BY SECTION 511 OF THE CODE ON UNRELATED BUSINESS TAXABLE
        INCOME), (D) RURAL ELECTRIC AND TELEPHONE COOPERATIVES DESCRIBED IN SECTION
        1381(a)(2)(C) OF THE CODE, (E) AN ELECTING LARGE PARTNERSHIP UNDER SECTION
        775(a) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (A),
        (B),
        (C), (D) OR (E) BEING HEREIN REFERRED TO AS A “DISQUALIFIED ORGANIZATION”), OR
        (F) AN AGENT OF A DISQUALIFIED ORGANIZATION, (2) NO PURPOSE OF SUCH TRANSFER
        IS
        TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX AND (3) SUCH TRANSFEREE SATISFIES
        CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE
        PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE
        REGISTER OR ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO
        A
        DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH
        REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER
        AND
        SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE
        HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON
        THIS
        CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE
        SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS
        PARAGRAPH.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                Certificate
                  No.__

              	 
	 	 
	
                Class
                  R

              	
                Percentage
                  Interest: ____

              
	 	 
	
                Date
                  of Pooling and Servicing Agreement 

                and
                  Cut-off Date: August 1, 2006

              	 
	 	 
	
                First
                  Distribution Date:

                September
                  25, 2006

              	 
	 	 
	
                Trustee:
                  HSBC Bank USA, National Association

              	
                Master
                  Servicer and Securities Administrator: Wells Fargo Bank,
                  N.A.

              
	 	 
	
                Assumed
                  Final Distribution Date: June 25, 2036

              	 
	 	
                CUSIP:
                  [__________________] 

              

      

      

      MORTGAGE
        PASS-THROUGH CERTIFICATE

      SERIES
        2006-WF1

      

      evidencing
        a fractional undivided interest in the distributions allocable to the Class
        R
        Certificates with respect to a Trust Fund consisting primarily of a pool
        of
        conventional one- to four-family fixed-rate mortgage loans sold by NOMURA
        ASSET
        ACCEPTANCE CORPORATION.

      

      

      This
        Certificate is payable solely from the assets of the Trust Fund, and does
        not
        represent an obligation of or interest in Nomura Asset Acceptance Corporation
        (“NAAC”) or the Trustee referred to below or any of their affiliates or any
        other person. Neither this Certificate nor the underlying Mortgage Loans
        are
        guaranteed or insured by any governmental entity or by NAAC or the Trustee
        or
        any of their affiliates or any other person. None of NAAC, the Trustee, the
        Securities Administrator or any of their affiliates will have any obligation
        with respect to any certificate or other obligation secured by or payable
        from
        payments on the Certificates.

      

      This
        certifies that Nomura Securities International, Inc. is the registered owner
        of
        the Percentage Interest evidenced hereby in the beneficial ownership interest
        of
        Certificates of the same Class as this Certificate in a trust (the “Trust Fund”)
        generally consisting of conventional first lien, fixed-rate mortgage loans
        secured by one- to four-family residences, units in planned unit developments
        and individual condominium units (collectively, the “Mortgage Loans”) sold by
        NAAC. The Mortgage Loans were sold by Nomura Credit & Capital, Inc. (the
“Sponsor”) to NAAC. The Trust Fund was created pursuant to the Pooling and
        Servicing Agreement dated as of the Cut-off Date specified above (the
“Agreement”), among NAAC, as depositor (the “Depositor”), the Sponsor, HSBC Bank
        USA, National Association, as trustee (the “Trustee”) and Wells Fargo Bank,
        N.A., as master servicer (the “Master Servicer”) and securities administrator
        (the “Securities Administrator”), a summary of certain of the pertinent
        provisions of which is set forth hereafter. To the extent not defined herein,
        capitalized terms used herein shall have the meaning ascribed to them in
        the
        Agreement. This Certificate is issued under and is subject to the terms,
        provisions and conditions of the Agreement, to which Agreement the Holder
        of
        this Certificate by virtue of its acceptance hereof assents and by which
        such
        Holder is bound.

      

      Each
        Holder of this Certificate will be deemed to have agreed to be bound by the
        restrictions set forth in the Agreement to the effect that (i) each person
        holding or acquiring any Ownership Interest in this Certificate must be a
        United
        States Person and a Permitted Transferee, (ii) the transfer of any Ownership
        Interest in this Certificate will be conditioned upon the delivery to the
        Securities Administrator of, among other things, an affidavit to the effect
        that
        it is a United States Person and Permitted Transferee, (iii) any attempted
        or
        purported transfer of any Ownership Interest in this Certificate in violation
        of
        such restrictions will be absolutely null and void and will vest no rights
        in
        the purported transferee, and (iv) if any person other than a United States
        Person and a Permitted Transferee acquires any Ownership Interest in this
        Certificate in violation of such restrictions, then the Depositor will have
        the
        right, in its sole discretion and without notice to the Holder of this
        Certificate, to sell this Certificate to a purchaser selected by the Depositor,
        which purchaser may be the Depositor, or any affiliate of the Depositor,
        on such
        terms and conditions as the Depositor may choose.

      

      The
        Securities Administrator will distribute on the 25th day of each month, or,
        if
        such 25th day is not a Business Day, the immediately following Business Day
        (each, a “Distribution Date”), commencing on the First Distribution Date
        specified above, to the Person in whose name this Certificate is registered
        at
        the close of business on the last day (or if such last day is not a Business
        Day, the Business Day immediately preceding such last day) of the calendar
        month
        immediately preceding the month in which the Distribution Date occurs, an
        amount
        equal to the product of the Percentage Interest evidenced by this Certificate
        and the amounts required to be distributed to the Holders of Certificates
        of the
        same Class as this Certificate. The Assumed Final Distribution Date is the
        Distribution Date in the month of the latest scheduled maturity date of any
        Mortgage Loan.

      

      Distributions
        on this Certificate will be made by the Securities Administrator by check
        mailed
        to the address of the Person entitled thereto as such name and address shall
        appear on the Certificate Register or, if such Person so requests by notifying
        the Securities Administrator in writing as specified in the Agreement.
        Notwithstanding the above, the final distribution on this Certificate will
        be
        made after due notice by the Securities Administrator of the pendency of
        such
        distribution and only upon presentation and surrender of this Certificate
        at the
        office or agency appointed by the Securities Administrator for that purpose
        and
        designated in such notice.

      

      No
        transfer of this Certificate shall be made to any person unless the transferee
        provides a certification pursuant to Section 6.02(b) of the
        Agreement.

      

      This
        Certificate is one of a duly authorized issue of Certificates designated
        as set
        forth on the face hereof (the “Certificates”). The Certificates, in the
        aggregate, evidence the entire beneficial ownership interest in the Trust
        Fund
        formed pursuant to the Agreement.

      

      The
        Certificateholder, by its acceptance of this Certificate, agrees that it
        will
        look solely to the Trust Fund for payment hereunder and that the Securities
        Administrator is not liable to the Certificateholders for any amount payable
        under this Certificate or the Agreement or, except as expressly provided
        in the
        Agreement, subject to any liability under the Agreement.

      

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Securities Administrator.

      

      This
        Certificate does not purport to summarize the Agreement and reference is
        made to
        the Agreement for the interests, rights and limitations of rights, benefits,
        obligations and duties evidenced hereby, and the rights, duties and immunities
        of the Securities Administrator. The Certificates are limited in right of
        payment to certain collections and recoveries respecting the Mortgage Loans
        and
        other assets included in the Trust Fund relating to the Mortgage Loans, all
        as
        more specifically set forth in the Agreement.

      

      The
        Agreement permits, with certain exceptions therein provided, the amendment
        thereof and the modification of the rights and obligations of the Depositor
        and
        the rights of the Certificateholders under the Agreement from time to time
        by
        the parties thereto with the consent of the Holders of the Class or Classes
        of
        Certificates affected thereby evidencing over 50% of the Voting Rights of
        such
        Class or Classes. Any such consent by the Holder of this Certificate shall
        be
        conclusive and binding on such Holder and upon all future Holders of this
        Certificate and of any Certificate issued upon the transfer hereof or in
        lieu
        hereof whether or not notation of such consent is made upon this Certificate.
        The Agreement also permits the amendment thereof, in certain limited
        circumstances, without the consent of the Holders of any of the
        Certificates.

      

      As
        provided in the Agreement and subject to certain limitations therein set
        forth,
        the transfer of this Certificate is registrable with the Securities
        Administrator upon surrender of this Certificate for registration of transfer
        at
        the offices or agencies maintained by the Securities Administrator for such
        purposes, duly endorsed by, or accompanied by a written instrument of transfer
        in form satisfactory to the Securities Administrator duly executed by the
        Holder
        hereof or such Holder’s attorney duly authorized in writing, and thereupon one
        or more new Certificates in authorized denominations representing a like
        aggregate Percentage Interest will be issued to the designated
        transferee.

      

      The
        Certificates are issuable only as registered Certificates without coupons
        in the
        Classes and denominations specified in the Agreement. As provided in the
        Agreement and subject to certain limitations therein set forth, this Certificate
        is exchangeable for one or more new Certificates evidencing the same Class
        and
        in the same aggregate Percentage Interest, as requested by the Holder
        surrendering the same.

      

      No
        service charge will be made to the Certificateholders for any such registration
        of transfer, but the Securities Administrator may require payment of a sum
        sufficient to cover any tax or other governmental charge payable in connection
        therewith. The Depositor, the Master Servicer, the Trustee, the Securities
        Administrator and any agent of any of them may treat the Person in whose
        name
        this Certificate is registered as the owner hereof for all purposes, and
        none of
        the Depositor, the Master Servicer, the Trustee, the Securities Administrator
        or
        any such agent shall be affected by notice to the contrary.

      

      The
        obligations created by the Agreement and the Trust Fund created thereby (other
        than the obligations to make payments to Certificateholders with respect
        to the
        termination of the Agreement) shall terminate upon the earlier of (i) the
        later
        of (A) the maturity or other liquidation (or Advance with respect thereto)
        of
        the last Mortgage Loan remaining in the Trust Fund and disposition of all
        property acquired upon foreclosure or deed in lieu of foreclosure of any
        Mortgage Loan and (B) the remittance of all funds due under the Agreement,
        or
        (ii) the optional repurchase by the party named in the Agreement of all the
        Mortgage Loans and other assets of the Trust Fund in accordance with the
        terms
        of the Agreement. Such optional repurchase may be made by the Master Servicer
        only on or after the Distribution Date on which the Stated Principal Balance
        of
        the Mortgage Loans is less than or equal to 10% of the Cut-off Date Principal
        Balance of the Mortgage Loans. The exercise of such right will effect the
        early
        retirement of the Certificates. In no event, however, will the Trust Fund
        created by the Agreement continue beyond the earlier of (i) the expiration
        of 21
        years after the death of certain persons identified in the Agreement and
        (ii)
        the Assumed Final Distribution Date.

      

      Unless
        this Certificate has been countersigned by an authorized signatory of the
        Securities Administrator by manual signature, this Certificate shall not
        be
        entitled to any benefit under the Agreement, or be valid for any
        purpose.

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Securities Administrator has caused this Certificate
        to be
        duly executed.

      

      
        	
                Dated: August
                  __, 2006

              	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      

      

      CERTIFICATE
        OF AUTHENTICATION

      

      This
        is
        one of the Class R Certificates referred to in the within-mentioned
        Agreement.

      

      
        	 	 	 	
                WELLS
                  FARGO BANK, N.A., as Securities Administrator

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Authorized
                  Signatory

              
	 	 	 	 	 	 	 	 	 

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      ASSIGNMENT

      

      FOR
        VALUE
        RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
        __________________________________ (Please print or typewrite name and address
        including postal zip code of assignee) a Percentage Interest evidenced by
        the
        within Asset-Backed Certificate and hereby authorizes the transfer of
        registration of such interest to assignee on the Certificate Register of
        the
        Trust Fund.

      

      I
        (We)
        further direct the Certificate Registrar to issue a new Certificate of a
        like
        denomination and Class, to the above named assignee and deliver such Certificate
        to the following address:

      

      
        	 	 	 
	 	 	
                .

              

      

      

      
        	
                Dated:

              	 
	 	
                Signature
                  by or on behalf of assignor

              
	 	 
	 	 
	 	
                Signature
                  Guaranteed

              

      

      

      

      DISTRIBUTION
        INSTRUCTIONS

      

      The
        assignee should include the following for purposes of distribution:

      

      
        	
                Distributions
                  shall be made, by wire transfer or otherwise, in immediately available
                  

              
	
                funds
                  to

              	 
	 
	
                for
                  the account of

              	 
	
                account
                  number

              	 	
                or,
                  if mailed by check, to

              
	 
	
                Applicable
                  statements should be mailed to

              	 
	 
	 
	
                This
                  information is provided by

              	 
	
                assignee
                  named above, or

              	 
	
                its
                  agent.

              	 

      

       

      

      EXHIBIT
        B

       

      MORTGAGE
        LOAN SCHEDULE

       

      The
        Preliminary and Final Mortgage Loan Schedules shall set forth the following
        information with respect to each Mortgage Loan:

       

      
        	a)  	
                the
                  Mortgage Loan identifying number;

              

      

       

      
        	b)  	
                the
                  Mortgage Rate in effect as of the Cut-off
                  Date;

              

      

       

      
        	c)  	
                the
                  Servicing Fee Rate;

              

      

       

      
        	d)  	
                the
                  Net Mortgage Rate in effect as of the Cut-off
                  Date;

              

      

       

      
        	e)  	
                the
                  original months to maturity;

              

      

       

      
        	f)  	
                the
                  original principal balance;

              

      

       

      
        	g)  	
                the
                  Cut-off Date Principal Balance;

              

      

       

      
        	h)  	
                the
                  original term;

              

      

       

      
        	i)  	
                the
                  remaining term;

              

      

       

      
        	j)  	
                the
                  property type;

              

      

       

      
        	k)  	
                the
                  product type (e.g., 2/28, 15 year fixed, 30 year fixed, 15/30 balloon,
                  etc.);

              

      

       

      
        	l)  	
                with
                  respect to each MOM Loan is subject to a Prepayment Charge, the
                  term of
                  such Prepayment Charge and the amount of such Prepayment
                  Charge;

              

      

       

      
        	m)  	
                the
                  Servicer;

              

      

       

      
        	n)  	
                whether
                  the Mortgage Loan is a Covered Mortgage Loan;
                  and

              

      

       

      
        	o)  	
                the
                  PMI Insurer Fee Rate, if
                  applicable.

              

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

          
          

        

      

      EXHIBIT C

       

      

        MORTGAGE
          LOAN PURCHASE AGREEMENT

        

        This
          is a
          Mortgage Loan Purchase Agreement (this “Agreement”), dated August 30, 2006,
          between Nomura Credit & Capital, Inc., a Delaware corporation (the “Seller”)
          and Nomura Asset Acceptance Corporation, a Delaware corporation (the
“Purchaser”).

        

        Preliminary
          Statement

        

        The
          Seller intends to sell the Mortgage Loans (as hereinafter identified) and
          the
          Cap Contract to the Purchaser on the terms and subject to the conditions
          set
          forth in this Agreement. The Purchaser intends to deposit the Mortgage
          Loans
          into a mortgage pool comprising the Trust Fund. The Trust Fund will be
          evidenced
          by a single series of asset-backed certificates designated as Nomura Asset
          Acceptance Corporation, Alternative Loan Trust, Series 2006-WF1, Mortgage
          Pass-Through Certificates (the “Certificates”). The Certificates will consist of
          thirteen (13) classes of certificates. The Certificates will be issued
          pursuant
          to a Pooling and Servicing Agreement for Series 2006-WF1, dated as of August
          1,
          2006 (the “Pooling and Servicing Agreement”), among the Seller as sponsor, the
          Purchaser as depositor, Wells Fargo Bank, N.A. (“Wells Fargo”) as master
          servicer and securities administrator and HSBC Bank USA, National Association
          as
          trustee (the “Trustee”). The Purchaser will sell the Class A-1, Class A-2, Class
          A-3, Class A-4, Class A-5, Class A-6, Class M-1, Class M-2, Class M-3 and
          Class
          M-4 Certificates to Nomura Securities International, Inc. (“NSII”) and Citigroup
          Global Markets, Inc. (together with NSII, the “Underwriters”), pursuant to the
          Amended and Restated Underwriting Agreement between the Purchaser and NSII,
          dated July 1, 2006, and the Terms Agreement among the Purchaser and the
          Underwriters, dated August 29, 2006 (collectively, the “Underwriting
          Agreement”). Capitalized terms used but not defined herein shall have the
          meanings set forth in the Pooling and Servicing Agreement. Pursuant to
          the
          custodial agreement, dated as of August 1, 2006 (the “Custodial Agreement”),
          among the Trustee, Wells Fargo as servicer (the “Servicer”) and Wells Fargo as
          custodian (the “Custodian”), the Trustee intends to have the Custodian take
          possession of the Mortgages and Mortgage Notes, along with certain other
          documents specified in the Custodial Agreement, as the custodian of the
          Trustee,
          in accordance with the terms and conditions thereof.

        

        The
          parties hereto agree as follows:

        

        SECTION
          1.   Agreement
          to Purchase.
          The
          Seller hereby sells, and the Purchaser hereby purchases, on August 30,
          2006 (the
“Closing Date”), certain conventional, one-to four family, fixed-rate mortgage
          loans secured by first liens on residential real properties (the “Mortgage
          Loans”), having an aggregate principal balance as of the close of business on
          August 1, 2006 (the “Cut-off Date”) of approximately $340,979,043 (the “Closing
          Balance”), after giving effect to all payments due on the Mortgage Loans on or
          before the Cut-off Date, whether or not received, including the right to
          any
          Prepayment Charges payable by the related Mortgagors in connection with
          any
          Principal Prepayments on the Mortgage Loans.

        

        SECTION
          2.   Mortgage
          Loan Schedule.
          The
          Purchaser and the Seller have agreed upon which of the mortgage loans owned
          by
          the Seller are to be purchased by the Purchaser pursuant to this Agreement
          and
          the Seller will prepare or cause to be prepared on or prior to the Closing
          Date
          a final schedule (the “Closing Schedule”) that describes such Mortgage Loans and
          set forth all of the Mortgage Loans to be purchased under this Agreement,
          including the Prepayment Charges. The Closing Schedule will conform to
          the
          requirements set forth in this Agreement and to the definition of “Mortgage Loan
          Schedule” under the Pooling and Servicing Agreement.

        

        SECTION
          3.   Consideration.

        

        (a)  In
          consideration for the Mortgage Loans to be purchased hereunder, the Purchaser
          shall, as described in Section 10, (i) pay to or upon the order of the
          Seller in
          immediately available funds an amount (the “Purchase Price”) equal to (i)
          $____________*
          and (ii)
          a 100% interest in the Class X, Class P and Class R certificates (collectively
          the “Private Certificates”) which shall be registered in the name of Nomura
          Securities International, Inc.

        

        (b)  The
          Purchaser or any assignee, transferee or designee of the Purchaser shall
          be
          entitled to all scheduled payments of principal due after the Cut-off Date,
          all
          other payments of principal due and collected after the Cut-off Date, and
          all
          payments of interest on the Mortgage Loans allocable to the period after
          the
          Cut-off Date. All scheduled payments of principal and interest due on or
          before
          the Cut-off Date and collected after the Cut-off Date shall belong to the
          Seller.

        

        (c)  Pursuant
          to the Pooling and Servicing Agreement, the Purchaser will assign all of
          its
          right, title and interest in and to the Mortgage Loans, together with its
          rights
          under this Agreement, to the Trustee for the benefit of the
          Certificateholders.

        

        SECTION
          4.   Transfer
          of the Mortgage Loans.

        

        (a)  Possession
          of Mortgage Files.
          The
          Seller does hereby sell to the Purchaser, without recourse but subject
          to the
          terms of this Agreement, all of its right, title and interest in, to and
          under
          the Mortgage Loans, including the related Prepayment Charges. The contents
          of
          each Mortgage File not delivered to the Purchaser or to any assignee, transferee
          or designee of the Purchaser on or prior to the Closing Date are and shall
          be
          held in trust by the Seller for the benefit of the Purchaser or any assignee,
          transferee or designee of the Purchaser. Upon the sale of the Mortgage
          Loans,
          the ownership of each Mortgage Note, the related Mortgage and the other
          contents
          of the related Mortgage File is vested in the Purchaser and the ownership
          of all
          records and documents with respect to the related Mortgage Loan prepared
          by or
          that come into the possession of the Seller on or after the Closing Date
          shall
          immediately vest in the Purchaser and shall be delivered immediately to
          the
          Purchaser or as otherwise directed by the Purchaser.

        

        (b) Delivery
          of Mortgage Loan Documents.
          Pursuant
          to various conveyance documents to be executed on the Closing Date and
          pursuant
          to the Pooling and Servicing Agreement, the Purchaser will assign on the
          Closing
          Date all of its right, title and interest in and to the Mortgage Loans
          to the
          Trustee for the benefit of the Certificateholders. In connection with the
          transfer and assignment of the Mortgage Loans, the Seller has delivered
          or will
          deliver or cause to be delivered to the Trustee by the Closing Date or
          such
          later date as is agreed to by the Purchaser and the Seller (each of the
          Closing
          Date and such later date is referred to as a “Mortgage
          File Delivery Date”),
          the
          items of each Mortgage File as defined in section 2.01 of the Pooling and
          Servicing Agreement, provided,
          however,
          that in
          lieu of the foregoing, the Seller may deliver the following documents,
          under the
          circumstances set forth below: (x) in lieu of the original Mortgage, assignments
          to the Trustee or intervening assignments thereof which have been delivered,
          are
          being delivered or will upon receipt of recording information relating
          to the
          Mortgage required to be included thereon, be delivered to recording offices
          for
          recording and have not been returned in time to permit their delivery as
          specified above, the Seller may deliver a true copy thereof with a certification
          by the Seller on the face of such copy, substantially as follows: “Certified to
          be a true and correct copy of the original, which has been transmitted
          for
          recording;” (y) in lieu of the Mortgage, assignments to the Trustee or
          intervening assignments thereof, if the applicable jurisdiction retains
          the
          originals of such documents or if the originals are lost (in each case,
          as
          evidenced by a certification from the Seller to such effect), the Seller
          may
          deliver photocopies of such documents containing an original certification
          by
          the judicial or other governmental authority of the jurisdiction where
          such
          documents were recorded; and (z) in lieu of the Mortgage Notes relating
          to the
          Mortgage Loans, each identified in the list delivered by the Purchaser
          to the
          Trustee on the Closing Date and attached hereto as Exhibit
          2
          the
          Seller may deliver lost note affidavits and indemnities of the Seller;
          and
          provided further, however, that in the case of Mortgage Loans which have
          been
          prepaid in full after the Cut-off Date and prior to the Closing Date, the
          Seller, in lieu of delivering the above documents, may deliver to the Trustee
          a
          certification by the Seller to such effect. The Seller shall deliver such
          original documents (including any original documents as to which certified
          copies had previously been delivered) or such certified copies to the Trustee
          promptly after they are received. The Seller shall cause the Mortgage and
          intervening assignments, if any, and the assignment of the Mortgage to
          be
          recorded not later than 180 days after the Closing Date, or, in lieu of
          such
          assignments, shall provide an Opinion of Counsel pursuant to Section 6
          hereof to
          the effect that the recordation of such assignment is not necessary to
          protect
          the Trustee’s interest in the related Mortgage Loan. Upon the request of the
          Purchaser, the Seller will assist the Purchaser in effecting the assignment
          referred to above.

        
          

          
            *
              Please
              contact Nomura Credit & Capital, Inc. for pricing information.

             

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

          

        

        (c) In
          connection with the assignment of any Mortgage Loan registered on the MERS®
System, the Seller further agrees that it will cause, at the Seller’s own
          expense, within thirty (30) days after the Closing Date, the MERS® System to
          indicate that such Mortgage Loans have been assigned by the Seller to the
          Purchaser and by the Purchaser to the Trustee in accordance with this Agreement
          for the benefit of the Certificateholders by including (or deleting, in
          the case
          of Mortgage Loans which are repurchased in accordance with this Agreement)
          in
          such computer files (a) the code in the field which identifies the specific
          Trustee and (b) the code in the field “Pool Field” which identifies the series
          of the Certificates issued in connection with such Mortgage Loans. The
          Seller
          further agrees that it will not, and will not permit the Servicer to alter
          the
          codes referenced in this paragraph with respect to any Mortgage Loan during
          the
          term of the Pooling and Servicing Agreement unless and until such Mortgage
          Loan
          is repurchased in accordance with the terms of the Pooling and Servicing
          Agreement. 

        

        (d) Acceptance
          of Mortgage Loans.
          The
          documents delivered pursuant to Section 4(b) hereof shall be reviewed by
          the
          Purchaser or any assignee, transferee or designee of the Purchaser at any
          time
          before or after the Closing Date (and with respect to each document permitted
          to
          be delivered after the Closing Date, within seven (7) days of its delivery)
          to
          ascertain that all required documents have been executed and received and
          that
          such documents relate to the Mortgage Loans identified on the Mortgage
          Loan
          Schedule.

        

        (e) Transfer
          of Interest in Agreements.
          The
          Purchaser has the right to assign its interest under this Agreement, in
          whole or
          in part, to the Trustee, as may be required to effect the purposes of the
          Pooling and Servicing Agreement, without the consent of the Seller, and
          the
          assignee shall succeed to the rights and obligations hereunder of the Purchaser.
          Any expense reasonably incurred by or on behalf of the Purchaser or the
          Trustee
          in connection with enforcing any obligations of the Seller under this Agreement
          will be promptly reimbursed by the Seller.

        

        SECTION
          5.   Examination
          of Mortgage Files.
          

        

        (a)  On
          or
          before the Mortgage File Delivery Date, the Seller will have made the Mortgage
          Files available to the Purchaser or its agent for examination which may
          be at
          the offices of the Trustee or the Seller and/or the Seller’s custodians. The
          fact that the Purchaser or its agent has conducted or has failed to conduct
          any
          partial or complete examination of the Mortgage Files shall not affect
          the
          Purchaser’s rights to demand cure, repurchase, substitution or other relief as
          provided in this Agreement. In furtherance of the foregoing, the Seller
          shall
          make the Mortgage Files available to the Purchaser or its agent from time
          to
          time so as to permit the Purchaser to confirm the Seller’s compliance with the
          delivery and recordation requirements of this Agreement and the Pooling
          and
          Servicing Agreement. In addition, upon request of the Purchaser, the Seller
          agrees to provide to the Purchaser, the Underwriters and to any investors
          or
          prospective investors in the Certificates information regarding the Mortgage
          Loans and their servicing, to make the Mortgage Files available to the
          Purchaser, the Underwriters and to such investors or prospective investors
          (which may be at the offices of the Seller and/or the Seller’s custodians) and
          to make available personnel knowledgeable about the Mortgage Loans for
          discussions with the Purchaser, the Underwriters and such investors or
          prospective investors, upon reasonable request during regular business
          hours,
          sufficient to permit the Purchaser, the Underwriters and such investors
          or
          potential investors to conduct such due diligence as any such party reasonably
          believes is appropriate.

        

        (b)  Pursuant
          to the Pooling and Servicing Agreement, on the Closing Date the Custodian
          on
          behalf of the Trustee, for the benefit of the Certificateholders, will
          review
          items of the Mortgage Files as set forth on Exhibit
          1
          and will
          deliver to the Seller a certification in the form attached as Exhibit 1
          to the
          Custodial Agreement.

        

        (c)  Pursuant
          to the Pooling and Servicing Agreement, the Trustee or the Custodian, on
          behalf
          of the Trustee, will review the Mortgage Files within 180 days of the Closing
          Date and will deliver to the Seller a final certification substantially
          in the
          form of Exhibit C-2 to the Custodial Agreement. If the Custodian is unable
          to
          deliver a final certification with respect to the items listed in Exhibit
          2
          due to
          any document that is missing, has not been executed or is unrelated, determined
          on the basis of the Mortgagor name, original principal balance and loan
          number,
          to the Mortgage Loans identified in the Final Mortgage Loan Schedule (a
          “Material
          Defect”),
          pursuant to Section 6 of the Custodial Agreement, the Custodian will notify
          the
          Trustee of such Material Defect and the Trustee shall notify the Seller
          of such
          Material Defect. The Seller shall correct or cure any such Material Defect
          within ninety (90) days from the date of notice from the Trustee of the
          Material
          Defect and if the Seller does not correct or cure such Material Defect
          within
          such period and such defect materially and adversely affects the interests
          of
          the Certificateholders in the related Mortgage Loan, the Seller will, in
          accordance with the terms of the Pooling and Servicing Agreement, within
          ninety
          (90) days of the date of notice, provide the Trustee with a Substitute
          Mortgage
          Loan (if within two (2) years of the Closing Date) or purchase the related
          Mortgage Loan at the applicable Purchase Price; provided, however, that
          if such
          defect relates solely to the inability of the Seller to deliver the original
          security instrument or intervening assignments thereof, or a certified
          copy
          because the originals of such documents, or a certified copy, have not
          been
          returned by the applicable jurisdiction, the Seller shall not be required
          to
          purchase such Mortgage Loan if the Seller delivers such original documents
          or
          certified copy promptly upon receipt, but in no event later than 360 days
          after
          the Closing Date. The foregoing repurchase obligation shall not apply in
          the
          event that the Seller cannot deliver such original or copy of any document
          submitted for recording to the appropriate recording office in the applicable
          jurisdiction because such document has not been returned by such office;
          provided that the Seller shall instead deliver a recording receipt of such
          recording office or, if such receipt is not available, a certificate of
          the
          Seller or a Servicing Officer confirming that such documents have been
          accepted
          for recording, and delivery to the Trustee shall be effected by the Seller
          within thirty (30) days of its receipt of the original recorded
          document.

        

        (d)  At
          the
          time of any substitution, the Seller shall deliver or cause to be delivered
          the
          Replacement Mortgage Loan, the related Mortgage File and any other documents
          and
          payments required to be delivered in connection with a substitution pursuant
          to
          the Pooling and Servicing Agreement. At the time of any purchase or
          substitution, the Trustee shall (i) assign to the Seller and cause the
          Custodian, on behalf of the Trustee, to release the documents (including,
          but
          not limited to, the Mortgage, Mortgage Note and other contents of the Mortgage
          File) in the possession of the Custodian, on behalf of the Trustee, relating
          to
          the Deleted Mortgage Loan and (ii) execute and deliver such instruments
          of
          transfer or assignment, in each case without recourse, as shall be necessary
          to
          vest in the Seller title to such Deleted Mortgage Loan.

        

        SECTION
          6. Recordation
          of Assignments of Mortgage.

        

        (a) The
          Seller will, promptly after the Closing Date, cause each Mortgage and each
          assignment of Mortgage from the Seller to the Trustee, and all unrecorded
          intervening assignments, if any, delivered on or prior to the Closing Date,
          to
          be recorded in all recording offices in the jurisdictions where the related
          Mortgaged Properties are located; provided,
          however,
          the
          Seller need not cause to be recorded any assignment for which (a) the related
          Mortgaged Property is located in (a) any jurisdiction under the laws of
          which,
          as evidenced by an Opinion of Counsel delivered by the Seller to the Trustee
          and
          the Rating Agencies, the recordation of such assignment is not necessary
          to
          protect the Trustee’s interest in the related Mortgage Loan or (b) MERS is
          identified on the Mortgage or on a properly recorded assignment of the
          Mortgage
          as mortgagee of record solely as nominee for Seller and its successors
          and
          assigns; provided,
          however,
          notwithstanding the delivery of any Opinion of Counsel, each assignment
          of
          Mortgage shall be submitted for recording by the Seller in the manner described
          above, at no expense to the Trust Fund or Trustee, upon the earliest to
          occur of
          (i) reasonable direction by the Holders of Certificates evidencing Percentage
          Interests aggregating not less than twenty-five percent (25%) of the Trust,
          (ii)
          the occurrence of an Event of Default, (iii) the occurrence of a bankruptcy,
          insolvency or foreclosure relating to the Seller, (iv) the occurrence of
          a
          servicing transfer as described in Section 8.02 of the Pooling and Servicing
          Agreement or (v) with respect to any assignment of Mortgage, the occurrence
          of a
          bankruptcy, insolvency or foreclosure relating to the Mortgagor under the
          related Mortgage.

        

        (b) While
          each such Mortgage or assignment is being recorded, if necessary, the Seller
          shall leave or cause to be left with the Custodian, on behalf of the Trustee,
          a
          certified copy of such Mortgage or assignment. In the event that, within
          180
          days of the Closing Date, the Trustee has not been provided with an Opinion
          of
          Counsel as described above or received evidence of recording with respect
          to
          each Mortgage Loan delivered to the Purchaser pursuant to the terms hereof
          or as
          set forth above and the related Mortgage Loan is not a MOM Loan, the failure
          to
          provide evidence of recording or such Opinion of Counsel shall be considered
          a
          Material Defect, and the provisions of Section 5(c) and (d) shall apply.
          All
          customary recording fees and reasonable expenses relating to the recordation
          of
          the assignments of mortgage to the Trustee or the Opinion of Counsel, as
          the
          case may be, shall be borne by the Seller.

        

        SECTION
          7. Representations,
          Warranties and Covenants of the Seller.

        

        The
          Seller hereby represents and warrants to the Purchaser, as of the date
          hereof
          and as of the Closing Date, and covenants, that:

        

        (i) The
          Seller is a corporation duly organized, validly existing and in good standing
          under the laws of the State of Delaware and is qualified and in good standing
          to
          do business in each jurisdiction where such qualification is necessary,
          except
          where the failure so to qualify would not reasonably be expected to have
          a
          material adverse effect on the Seller’s business as presently conducted or on
          the Seller’s ability to enter into this Agreement and to consummate the
          transactions contemplated hereby.

        

        (ii) The
          Seller has duly authorized the execution, delivery and performance of this
          Agreement, has duly executed and delivered this Agreement, and this Agreement,
          assuming due authorization, execution and delivery by the Purchaser, constitutes
          a legal, valid and binding obligation of the Seller, enforceable against
          it in
          accordance with its terms except as the enforceability thereof may be limited
          by
          bankruptcy, insolvency or reorganization or by general principles of
          equity.

        

        (iii) The
          execution, delivery and performance of this Agreement by the Seller (x)
          does not
          conflict and will not conflict with, does not breach and will not result
          in a
          breach of and does not constitute and will not constitute a default (or
          an
          event, which with notice or lapse of time or both, would constitute a default)
          under (A) any terms or provisions of the organizational documents of the
          Seller,
          (B) any term or provision of any material agreement, contract, instrument
          or
          indenture, to which the Seller is a party or by which the Seller or any
          of its
          property is bound, or (C) any law, rule, regulation, order, judgment, writ,
          injunction or decree of any court or governmental authority having jurisdiction
          over the Seller or any of its property and (y) does not create or impose
          and
          will not result in the creation or imposition of any lien, charge or encumbrance
          which would have a material adverse effect upon the Mortgage Loans or any
          documents or instruments evidencing or securing the Mortgage Loans.

        

        (iv) No
          consent, approval, authorization or order of, registration or filing with,
          or
          notice on behalf of the Seller to any governmental authority or court is
          required, under federal laws or the laws of the State of New York, for
          the
          execution, delivery and performance by the Seller of, or compliance by
          the
          Seller with, this Agreement or the consummation by the Seller of any other
          transaction contemplated hereby and by the Pooling and Servicing Agreement;
          provided, however, that the Seller makes no representation or warranty
          regarding
          federal or state securities laws in connection with the sale or distribution
          of
          the Certificates.

        

        (v) This
          Agreement does not contain any untrue statement of material fact or omit
          to
          state a material fact necessary to make the statements contained herein
          not
          misleading. The written statements, reports and other documents prepared
          and
          furnished or to be prepared and furnished by the Seller pursuant to this
          Agreement or in connection with the transactions contemplated hereby taken
          in
          the aggregate do not contain any untrue statement of material fact or omit
          to
          state a material fact necessary to make the statements contained therein
          not
          misleading.

        

        (vi) The
          Seller is not in violation of, and the execution and delivery of this Agreement
          by the Seller and its performance and compliance with the terms of this
          Agreement will not constitute a violation with respect to, any order or
          decree
          of any court or any order or regulation of any federal, state, municipal
          or
          governmental agency having jurisdiction over the Seller or its assets,
          which
          violation might have consequences that would materially and adversely affect
          the
          condition (financial or otherwise) or the operation of the Seller or its
          assets
          or might have consequences that would materially and adversely affect the
          performance of its obligations and duties hereunder.

        

        (vii) The
          Seller does not believe, nor does it have any reason or cause to believe,
          that
          it cannot perform each and every covenant contained in this
          Agreement.

        

        (viii) Immediately
          prior to the sale of the Mortgage Loans to the Purchaser as herein contemplated,
          the Seller was the owner of the related Mortgage and the indebtedness evidenced
          by the related Mortgage Note, and, upon the payment to the Seller of the
          Purchase Price, in the event that the Seller retains or has retained record
          title, the Seller shall retain such record title to each Mortgage, each
          related
          Mortgage Note and the related Mortgage Files with respect thereto in trust
          for
          the Purchaser as the owner thereof from and after the date hereof.

        

        (ix) There
          are
          no actions or proceedings against, or investigations known to it of, the
          Seller
          before any court, administrative or other tribunal (A) that might prohibit
          its
          entering into this Agreement, (B) seeking to prevent the sale of the Mortgage
          Loans by the Seller or the consummation of the transactions contemplated
          by this
          Agreement or (C) that might prohibit or materially and adversely affect
          the
          performance by the Seller of its obligations under, or validity or
          enforceability of, this Agreement.

        

        (x) The
          consummation of the transactions contemplated by this Agreement are in
          the
          ordinary course of business of the Seller, and the transfer, assignment
          and
          conveyance of the Mortgage Notes and the Mortgages by the Seller pursuant
          to
          this Agreement are not subject to the bulk transfer or any similar statutory
          provisions in effect in any relevant jurisdiction, except any as may have
          been
          complied with.

        

        (xi) The
          Seller has not dealt with any broker, investment banker, agent or other
          person,
          except for the Purchaser or any of its affiliates, that may be entitled
          to any
          commission or compensation in connection with the sale of the Mortgage
          Loans
          (except that an entity that previously financed the Seller’s ownership of the
          Mortgage Loans may be entitled to a fee to release its security interest
          in the
          Mortgage Loans, which fee shall have been paid and which security interest
          shall
          have been released on or prior to the Closing Date).

        

        (xii) There
          is
          no litigation currently pending or, to the best of the Seller’s knowledge
          without independent investigation, threatened against the Seller that would
          reasonably be expected to adversely affect the transfer of the Mortgage
          Loans,
          the issuance of the Certificates or the execution, delivery, performance
          or
          enforceability of this Agreement, or that would result in a material adverse
          change in the financial condition of the Seller.

        

        (xiii) The
          information set forth in the applicable part of the Mortgage Loan Schedule
          relating to the existence of a Prepayment Charge is complete, true and
          correct
          in all material respects at the date or dates respecting which such information
          is furnished and each Prepayment Charge was originated in compliance with
          all
          applicable federal, state and local laws and is permissible and enforceable
          in
          accordance with its terms (except to the extent that: (1) the enforceability
          thereof may be limited by bankruptcy, insolvency, moratorium, receivership
          and
          other similar laws relating to creditors’ rights generally; (2) the
          collectability thereof may be limited due to acceleration in connection
          with a
          foreclosure; or (3) subsequent changes in applicable law may limit or prohibit
          enforceability thereof) under the applicable state law.

         

        (xiv) The Seller
          is a HUD approved mortgagee pursuant to Section 203 of the National Housing
          Act.

        

        SECTION
          8.  Representations
          and Warranties of the Seller Relating to the Mortgage Loans.

        

        The
          Seller hereby represents and warrants to the Purchaser that as to each
          Mortgage
          Loan as of the Closing Date:

        

        (i) Information
          provided to the Rating Agencies, including the loan level detail, is true
          and
          correct according to the Rating Agency requirements;

        

        (ii) No
          fraud
          has taken place on the part of the Mortgagor or any other party involved
          in the
          origination or servicing of the Mortgage Loan;

        

        (iii) No
          Monthly Payment required to be made under any Mortgage Loan has been, or
          will
          be, contractually delinquent by one month or more on, or at any time preceding,
          the date such Mortgage Loan was purchased by the Seller;

        

        (iv) Neither
          the Seller nor the related originator of the Mortgage Loan has advanced
          any
          Monthly Payment required under the terms of the Mortgage Note;

        

        (v) There
          are
          no delinquent taxes, assessment liens or insurance premiums affecting the
          related Mortgaged Property;

        

        (vi) The
          terms
          of the Mortgage Note and the Mortgage have not been materially impaired,
          waived,
          altered or modified in any respect, except by written instruments, recorded
          in
          the applicable public recording office if necessary to maintain the lien
          priority of the Mortgage. The substance of any such waiver, alteration
          or
          modification has been approved by the title insurer, to the extent required
          by
          the related policy. No Mortgagor has been released, in whole or in part,
          except
          in connection with an assumption agreement (approved by the title insurer
          to the
          extent required by the policy) and which assumption agreement has been
          delivered
          to the Trustee;

        

        (vii) The
          Mortgaged Property is insured against loss by fire and hazards of extended
          coverage (excluding earthquake insurance) in an amount which is at least
          equal
          to the lesser of (i) the amount necessary to compensate for any damage
          or loss
          to the improvements which are a part of such property on a replacement
          cost
          basis or (ii) the outstanding principal balance of the Mortgage Loan. If
          the
          Mortgaged Property is in an area identified on a flood hazard map or flood
          insurance rate map issued by the Federal Emergency Management Agency as
          having
          special flood hazards (and such flood insurance has been made available),
          a
          flood insurance policy meeting the requirements of the current guidelines
          of the
          Federal Insurance Administration is in effect. All such insurance policies
          contain a standard mortgagee clause naming the originator of the Mortgage
          Loan,
          its successors and assigns as mortgagee and the Seller has not engaged
          in any
          act or omission which would impair the coverage of any such insurance policies.
          Except as may be limited by applicable law, the Mortgage obligates the
          Mortgagor
          thereunder to maintain all such insurance at the Mortgagor's cost and expense,
          and on the Mortgagor's failure to do so, authorizes the holder of the Mortgage
          to maintain such insurance at Mortgagor's cost and expense and to seek
          reimbursement therefor from the Mortgagor;

        

        (viii) Each
          Mortgage Loan and the related Prepayment Charge, if any, complied in all
          material respects with any and all requirements of any federal, state or
          local
          law including, without limitation, usury, truth in lending, anti-predatory
          lending, real estate settlement procedures, consumer credit protection,
          equal
          credit opportunity, fair housing or disclosure laws applicable to the
          origination and servicing of the Mortgage Loans and the consummation of
          the
          transactions contemplated hereby will not involve the violation of any
          such
          laws;

        

        (ix) The
          Mortgage has not been satisfied, cancelled, subordinated or rescinded,
          in whole
          or in part, and the Mortgaged Property has not been released from the lien
          of
          the Mortgage, in whole or in part, nor has any instrument been executed
          that
          would effect any such satisfaction, cancellation, subordination, rescission
          or
          release;

        

        (x) 
          The
          Mortgage was recorded or was submitted for recording in accordance with
          all
          applicable laws and is a valid, existing and enforceable perfected first
          lien on
          the Mortgaged Property including all improvements on the Mortgaged Property,
          subject only to (a) the lien of the current real property taxes and (b)
          covenants, conditions and restrictions, rights of way and
          easements;

        

        (xi) The
          Mortgage Note and the related Mortgage are genuine and each is the legal,
          valid
          and binding obligation of the maker thereof, insured under the related
          title
          policy, and enforceable in accordance with its terms, except to the extent
          that
          the enforceability thereof may be limited by a bankruptcy, insolvency or
          reorganization;

        

        (xii) The
          Seller is the sole legal, beneficial and equitable owner of the Mortgage
          Note
          and the Mortgage and has the full right to convey, transfer and sell the
          Mortgage Loan to the Purchaser free and clear of any encumbrance, equity,
          lien,
          pledge, charge, claim or security interest and immediately upon the sale,
          assignment and endorsement of the Mortgage Loans from the Seller to the
          Purchaser, the Purchaser shall have good and indefeasible title to and
          be the
          sole legal owner of the Mortgage Loans subject only to any encumbrance,
          equity,
          lien, pledge, charge, claim or security interest arising out of the Purchaser’s
          actions;

        

        (xiii) Each
          Mortgage Loan is covered by a valid and binding American Land Title Association
          lender's title insurance policy issued by a title insurer qualified to
          do
          business in the jurisdiction where the Mortgaged Property is located, which
          title insurance policy is generally acceptable to Fannie Mae and Freddie
          Mac. No
          claims have been filed under such lender's title insurance policy, and
          the
          Seller has not done, by act or omission, anything that would impair the
          coverage
          of the lender's title insurance policy;

        

        (xiv) There
          is
          no material default, breach, violation event or event of acceleration existing
          under the Mortgage or the Mortgage Note and no event which, with the passage
          of
          time or with notice and the expiration of any grace or cure period, would
          constitute a material default, breach, violation or event of acceleration,
          and
          the Seller has not, nor has its predecessors, waived any material default,
          breach, violation or event of acceleration;

        

        (xv) There
          are
          no mechanics' or similar liens or claims which have been filed for work,
          labor
          or material provided to the related Mortgaged Property prior to the origination
          of the Mortgage Loan which are or may be liens prior to, or equal or coordinate
          with, the lien of the related Mortgage, except as may be disclosed in the
          related title policy;

        

        (xvi) Each
          Mortgage Note is payable on the first day of each month in equal monthly
          installments of principal and interest (subject to adjustment in the case
          of the
          adjustable rate Mortgage Loans), with interest calculated on a 30/360 basis
          and
          payable in arrears, sufficient to amortize the Mortgage Loan fully by the
          stated
          maturity date over an original term from commencement of amortization to
          not
          more than thirty (30) years. No Mortgage Loan is a balloon loan. No Mortgage
          Loan permits negative amortization;

        

        (xvii) The
          servicing practices used in connection with the servicing of the Mortgage
          Loans
          have been in all respects reasonable and customary in the mortgage servicing
          industry of like mortgage loan servicers, servicing mortgage loans similar
          to
          the Mortgage Loans in the same jurisdiction as the Mortgaged
          Property;

        

        (xviii) At
          the
          time of origination of the Mortgage Loan there was no proceeding pending
          for the
          total or partial condemnation of the Mortgaged Property and, as of the
          date such
          Mortgage Loan was purchased by the Purchaser, to the best of the Purchaser’s
          knowledge there is no proceeding pending for the total or partial condemnation
          of the Mortgaged Property;

        

        (xix) The
          Mortgage and related Mortgage Note contain customary and enforceable provisions
          such as to render the rights and remedies of the holder thereof adequate
          for the
          realization against the Mortgaged Property of the benefits of the security
          provided thereby, including, (a) in the case of a Mortgage designated as
          a deed
          of trust, by trustee's sale, and (b) otherwise by judicial
          foreclosure;

        

        (xx) The
          Mortgage Note is not and has not been secured by any collateral except
          the lien
          of the related Mortgage referred to in subsection (x) above;

        

        (xxi) In
          the
          event the Mortgage constitutes a deed of trust, a trustee, duly qualified
          under
          applicable law to serve as such, has been properly designated and currently
          so
          serves and is named in the Mortgage, and no fees or expenses are or will
          become
          payable by the Seller to the trustee under the deed of trust, except in
          connection with a trustee's sale after default by the Mortgagor;

        

        (xxii) The
          Mortgage Loan is not subject to any valid right of rescission, set-off,
          counterclaim or defense, including without limitation the defense of usury,
          nor
          will the operation of any of the terms of the Mortgage Note or the Mortgage,
          or
          the exercise of any right thereunder, render either the Mortgage Note or
          the
          Mortgage unenforceable, in whole or in part, or subject to any such right
          of
          rescission, set-off, counterclaim or defense, including without limitation
          the
          defense of usury, and no such right of rescission, set-off, counterclaim
          or
          defense has been asserted with respect thereto;

        

        (xxiii) The
          Mortgaged Property is free of material damage and in good repair, excepting
          therefrom any Mortgage Loan subject to an escrow withhold as shown on the
          Mortgage Loan Schedule;

        

        (xxiv) All
          of
          the improvements which were included in determining the appraised value
          of the
          Mortgaged Property lie wholly within the Mortgaged Property's boundary
          lines and
          no improvements on adjoining properties encroach upon the Mortgaged Property,
          excepting therefrom: (i) any encroachment insured against in the lender's
          title
          insurance policy identified in clause (xiii) above, (ii) any encroachment
          generally acceptable to mortgage loan originators doing business in the
          same
          jurisdiction as the Mortgaged Property, and (iii) any encroachment which
          does
          not materially interfere with the benefits of the security intended to
          be
          provided by such Mortgage;

        

        (xxv) All
          parties to the Mortgage Note had the legal capacity to execute the Mortgage
          Note
          and the Mortgage, and the Mortgage Note and the Mortgage have been duly
          executed
          by such parties;

        

        (xxvi) To
          the
          best of the Seller’s knowledge, at the time of origination of the Mortgage Loan,
          no appraised improvement located on or being part of the Mortgaged Property
          was
          in violation of any applicable zoning law or regulation and all inspections,
          licenses and certificates required in connection with the origination of
          any
          Mortgage Loan with respect to the occupancy of the Mortgaged Property,
          have been
          made or obtained from the appropriate authorities;

        

        (xxvii) No
          Mortgagor has notified the Seller of any relief requested or allowed under
          the
          Servicemember’s Civil Relief Act;

        

        (xxviii) 
          All
          parties which have held an interest in the Mortgage Loan are (or during
          the
          period in which they held and disposed of such interest, were) (1) in compliance
          with any and all applicable licensing requirements of the state wherein
          the
          Mortgaged Property is located, (2) organized under the laws of such state,
          (3)
          qualified to do business in such state, (4) a federal savings and loan
          association or national bank, (5) not doing business in such state, or
          (6)
          exempt from the applicable licensing requirements of such state;

        

        (xxix) The
          Mortgage File contains an appraisal of the related Mortgaged Property which
          was
          made prior to the approval of the Mortgage Loan by a qualified appraiser,
          duly
          appointed by the related originator and was made in accordance with the
          Financial Institutions Reform, Recovery, and Enforcement Act of 1989 and
          the
          Uniform Standards of Professional Appraisal Practice;

        

        (xxx) Except
          as
          may otherwise be limited by applicable law, the Mortgage contains an enforceable
          provision for the acceleration of the payment of the unpaid principal balance
          of
          the Mortgage Loan in the event that the Mortgaged Property is sold or
          transferred without the prior written consent of the Mortgagee
          thereunder;

        

        (xxxi) The
          Mortgage Loan does not contain any provision which would constitute a “buydown”
provision and pursuant to which Monthly Payments are paid or partially
          paid with
          funds deposited in a separate account established by the related originator,
          the
          Mortgagor or anyone on behalf of the Mortgagor, or paid by any source other
          than
          the Mortgagor. The Mortgage Loan is not a “graduated payment mortgage loan” and
          the Mortgage loan does not have a shared appreciation or other contingent
          interest feature;

        

        (xxxii) To
          the
          best of the Seller's knowledge there is no action or proceeding directly
          involving the Mortgaged Property presently pending in which compliance
          with any
          environmental law, rule or regulation is at issue and the Seller has received
          no
          notice of any condition at the Mortgaged Property which is reasonably likely
          to
          give rise to an action or proceeding in which compliance with any environmental
          law, rule or regulation is at issue;

        

        (xxxiii)
          Each Mortgage Loan is an obligation which is principally secured by an
          interest
          in real property within the meaning of Treasury Regulation section
          1.860G-2(a);

        

        (xxxiv)
          Each Mortgage Loan is directly secured by a first lien on, and consists
          of a
          single parcel of, real property with a detached one-to-four family residence
          erected thereon, a townhouse or an individual condominium unit in a condominium
          project, or an individual unit in a planned unit development (“PUD”). No
          residence or dwelling is a leasehold, mobile home or a manufactured dwelling
          unless it is an Acceptable Manufactured Dwelling. An “Acceptable Manufactured
          Dwelling” is a manufactured dwelling, which is permanently affixed to a
          foundation and treated as “real estate” under applicable law. No Mortgaged
          Property is used for commercial purposes. Mortgaged Properties which contain
          a
          home office shall not be considered as being used for commercial purposes
          as
          long as the Mortgaged Property has not been altered for commercial purposes
          and
          is not storing any chemicals or raw materials other than those commonly
          used for
          homeowner repair, maintenance and/or household purposes; 

        

        (xxxv)
          The first scheduled Monthly Payment under the terms of each Mortgage Note
          was
          received by the Servicer by the 30th day following the related due date;
          

        

        (xxxvi)
          To the best of the Seller’s knowledge, the servicer for each Mortgage Loan has
          accurately and fully reported its borrower credit files to each of the
          credit
          repositories in a timely manner;

        

        (xxxvii) No
          Mortgage Loan is subject to the Home Ownership and Equity Protection Act
          of 1994
          (“HOEPA”) or any comparable law and no Mortgage Loan is classified and/or
          defined as a “high cost”, “covered” (excluding home loans defined as “covered
          home loans” in the New Jersey Home Ownership Security Act of 2002 that were
          originated between November 26, 2003 and July 7, 2004), “high risk home” or
“predatory” loan under any other federal, state or local law or regulation or
          ordinance (or a similarly classified loan using different terminology under
          a
          law imposing heightened regulatory scrutiny or additional legal liability
          for
          residential mortgage loans having high interest rates, points and/or
          fees);

        

        (xxxviii)No
          Mortgage Loan was selected from the mortgage loans in the Seller’s portfolio in
          a manner so as to affect adversely the interests of the Purchaser;

        

        (xxxix) Each
          Mortgage File contains a full appraisal on form 1004 or 2055 with an interior
          inspection (or the equivalent form for two-to four-family and investor
          properties), or on a similar alternate form which includes substantially
          similar
          information to that required such forms, as applicable;

        

        (xl) Each
          Mortgage Loan is and will be a mortgage loan arising out of the originator’s
          practice in accordance with the originator’s underwriting guidelines;

        

        (xli)  As
          of the
          Closing Date, the Seller has no knowledge of any fact that should lead
          it to
          expect that the Mortgage Loan will not be paid in full when due;

         

        (xlii)  No
          loan
          is a high cost loan or a covered loan, as applicable (as such terms are
          defined
          in the then current Standard & Poor’s LEVELS Version 5.7 Glossary Revised,
          Appendix E;

         

        (xliii)  No
          Mortgage Loan originated on or after October 1, 2002 through and including
          March
          6, 2003 is governed by the Georgia Fair Lending Act (the “Georgia
          Act”);

         

        (xliv)  The
          prepayment penalties included in the transaction are enforceable and were
          originated in compliance with all applicable federal, state and local
          laws;

         

        (xlv)  The
          information set forth in the Prepayment Penalty Schedule is complete, true
          and
          correct in all material respects at the date or dates on which such information
          is furnished respecting with such information is furnished, and each prepayment
          penalty is permissible and enforceable in accordance with its terms upon
          the
          mortgagor's full and voluntary principal prepayment under applicable law,
          except
          to the extent that: (1) the enforceability thereof may be limited by bankruptcy,
          insolvency, moratorium, receivership and other similar laws relating to
          creditors' rights; (2) the collectability thereof may be limited due to
          acceleration in connection with a foreclosure or other involuntary prepayment;
          or (3) subsequent changes in applicable law may limit or prohibit enforceability
          thereof under applicable law; and

         

        (xlvi)  Each
          mortgage loan and prepayment penalty associated with the mortgage loan
          at
          origination complied in all material respects with applicable local, state
          and
          federal laws, including, without limitation, usury, equal credit opportunity,
          real estate settlement procedures, truth-in-lending and disclosure laws,
          and the
          consummation of the transactions contemplated hereby will not involve the
          violation of any such laws.

        

        SECTION
          9. Repurchase
          Obligation for Defective Documentation and for Breach of Representation
          and
          Warranty.

        

        (a)  The
          representations and warranties contained in Section 8 shall not be impaired
          by
          any review and examination of loan files or other documents evidencing
          or
          relating to the Mortgage Loans or any failure on the part of the Seller
          or the
          Purchaser to review or examine such documents and shall inure to the benefit
          of
          any assignee, transferee or designee of the Purchaser, including the Trustee
          for
          the benefit of the Certificateholders. With respect to the representations
          and
          warranties contained herein as to which the Seller has no knowledge, if
          it is
          discovered that the substance of any such representation and warranty was
          inaccurate as of the date such representation and warranty was made or
          deemed to
          be made, and such inaccuracy materially and adversely affects the value
          of the
          related Mortgage Loan or the interest therein of the Purchaser or the
          Purchaser’s assignee, transferee or designee, then notwithstanding the lack of
          knowledge by the Seller with respect to the substance of such representation
          and
          warranty being inaccurate at the time the representation and warranty was
          made,
          the Seller shall take such action described in the following paragraph
          in
          respect of such Mortgage Loan. 

        

        Upon
          discovery by the Seller, the Purchaser or any assignee, transferee or designee
          of the Purchaser of any materially defective document in, or that any material
          document was not transferred by the Seller (as listed on an exception report
          attached to the initial certification prepared by the Custodian, on behalf
          of
          the Trustee), or of a breach of any of the representations and warranties
          contained in Section 8 that materially and adversely affects the value
          of any
          Mortgage Loan or the interest therein of the Purchaser or the Purchaser’s
          assignee, transferee or designee, the party discovering such breach shall
          give
          prompt written notice to the Seller. Within 365 days of its discovery or
          its
          receipt of notice of any such missing documentation that was not transferred
          by
          the Seller as described above, or of materially defective documentation,
          or
          within 120 days of any such breach of a representation and warranty, the
          Seller
          promptly shall deliver such missing document or cure such defect or breach
          in
          all material respects or, in the event the Seller cannot deliver such missing
          document or cannot cure such defect or breach, the Seller shall, within
          365 days
          of its discovery or receipt of notice of any such missing or materially
          defective documentation or within 120 days of any such breach of a
          representation and warranty, either (i) repurchase the affected Mortgage
          Loan at
          the Purchase Price (as such term is defined in the Pooling and Servicing
          Agreement) or (ii) pursuant to the provisions of the Pooling and Servicing
          Agreement, cause the removal of such Mortgage Loan from the Trust Fund
          and
          substitute one or more Replacement Mortgage Loans. The Seller shall amend
          the
          Closing Schedule to reflect the withdrawal of such Mortgage Loan from the
          terms
          of this Agreement and the Pooling and Servicing Agreement. The Seller shall
          deliver to the Purchaser such amended Closing Schedule and shall deliver
          such
          other documents as are required by this Agreement or the Pooling and Servicing
          Agreement within five (5) days of any such amendment. Any repurchase pursuant
          to
          this Section 9(a) shall be accomplished by transfer to an account designated
          by
          the Purchaser of the amount of the Purchase Price in accordance with Section
          2.03 of the Pooling and Servicing Agreement. Any repurchase required by
          this
          Section shall be made in a manner consistent with Section 2.03 of the Pooling
          and Servicing Agreement. 

        

        (b)  If
          the
          representation made by the Seller in Section 7(xiii) is breached, the Seller
          shall not have the right or obligation to cure, substitute or repurchase
          the
          affected Mortgage Loan but shall remit to the Servicer for deposit in the
          Collection Account, prior to the next succeeding Servicer Remittance Date,
          the
          amount of the Prepayment Charge indicated on the applicable part of the
          Mortgage
          Loan Schedule to be due from the Mortgagor in the circumstances less any
          amount
          collected and remitted to the Servicer for deposit into the Collection
          Account.

        

        (c)  It
          is
          understood and agreed that the obligations of the Seller set forth in this
          Section 9 to cure or repurchase a defective Mortgage Loan (and to make
          payments
          pursuant to Section 9(b)) constitute the sole remedies of the Purchaser
          against
          the Seller respecting a missing document or a breach of the representations
          and
          warranties contained in Section 8. 

        

        SECTION
          10. Closing;
          Payment for the Mortgage Loans. The
          closing of the purchase and sale of the Mortgage Loans shall be held at
          the New
          York City office of Thacher Proffitt & Wood llp
          at 10:00
          a.m. New York City time on the Closing Date.

        

        The
          closing shall be subject to each of the following conditions:

        

        (a) All
          of
          the representations and warranties of the Seller under this Agreement shall
          be
          true and correct in all material respects as of the date as of which they
          are
          made and no event shall have occurred which, with notice or the passage
          of time,
          would constitute a default under this Agreement;

        

        (b) The
          Purchaser shall have received, or the attorneys of the Purchaser shall
          have
          received in escrow (to be released from escrow at the time of closing),
          all
          Closing Documents as specified in Section 11 of this Agreement, in such
          forms as
          are agreed upon and acceptable to the Purchaser, duly executed by all
          signatories other than the Purchaser as required pursuant to the respective
          terms thereof;

        

        (c) The
          Seller shall have delivered or caused to be delivered and released to the
          Purchaser or to its designee, all documents (including without limitation,
          the
          Mortgage Loans) required to be so delivered by the Purchaser pursuant to
          Section
          2.01 of the Pooling and Servicing Agreement; and

        

        (d) All
          other
          terms and conditions of this Agreement and the Pooling and Servicing Agreement
          shall have been complied with.

        

        Subject
          to the foregoing conditions, the Purchaser shall deliver or cause to be
          delivered to the Seller on the Closing Date, against delivery and release
          by the
          Seller to the Trustee of all documents required pursuant to the Pooling
          and
          Servicing Agreement, the consideration for the Mortgage Loans as specified
          in
          Section 3 of this Agreement.

        

        SECTION
          11. Closing
          Documents.
          Without
          limiting the generality of Section 8 hereof, the closing shall be subject
          to
          delivery of each of the following documents:

        

        (a) An
          Officers’ Certificate of the Seller, dated the Closing Date, upon which the
          Purchaser and the Underwriters may rely with respect to certain facts regarding
          the sale of the Mortgage Loans by the Seller to the Purchaser;

        

        (b) An
          Opinion of Counsel of the Seller, dated the Closing Date and addressed
          to the
          Purchaser and the Underwriters;

        

        (c) Such
          opinions of counsel as the Rating Agencies or the Trustee may request in
          connection with the sale of the Mortgage Loans by the Seller to the Purchaser
          or
          the Seller’s execution and delivery of, or performance under, this Agreement;
          and

        

        (d) Such
          further information, certificates, opinions and documents as the Purchaser
          or
          the Underwriters may reasonably request.

        

        SECTION
          12. Costs.
          The
          Seller shall pay (or shall reimburse the Purchaser or any other Person
          to the
          extent that the Purchaser or such other Person shall pay) all costs and
          expenses
          incurred in connection with the transfer and delivery of the Mortgage Loans,
          including without limitation, fees for title policy endorsements and
          continuations, the fees and expenses of the Seller’s accountants and attorneys,
          the costs and expenses incurred in connection with producing the Servicer’s loan
          loss, foreclosure and delinquency experience, and the costs and expenses
          incurred in connection with obtaining the documents referred to in Sections
          11(b) and 11(c), the costs and expenses of printing (or otherwise reproducing)
          and delivering this Agreement, the Pooling and Servicing Agreement, the
          Certificates, the prospectus and prospectus supplement, and any private
          placement memorandum relating to the Certificates and other related documents,
          the initial fees, costs and expenses of the Trustee and its counsel, the
          fees
          and expenses of the Purchaser’s counsel in connection with the preparation of
          all documents relating to the securitization of the Mortgage Loans, the
          filing
          fee charged by the Securities and Exchange Commission for registration
          of the
          Certificates and the fees charged by any rating agency to rate the Certificates.
          The Seller shall pay all costs and expenses related to recording the Assignments
          of Mortgage. All other costs and expenses in connection with the transactions
          contemplated hereunder shall be borne by the party incurring such
          expense.

        

        SECTION
          13. Mandatory
          Delivery; Grant of Security Interest.
          The
          sale and delivery on the Closing Date of the Mortgage Loans described on
          the
          Mortgage Loan Schedule in accordance with the terms and conditions of this
          Agreement is mandatory. It is specifically understood and agreed that each
          Mortgage Loan is unique and identifiable on the date hereof and that an
          award of
          money damages would be insufficient to compensate the Purchaser for the
          losses
          and damages incurred by the Purchaser in the event of the Seller’s failure to
          deliver the Mortgage Loans on or before the Closing Date. The Seller hereby
          grants to the Purchaser a lien on and a continuing security interest in
          the
          Seller’s interest in each Mortgage Loan and each document and instrument
          evidencing each such Mortgage Loan to secure the performance by the Seller
          of
          its obligation hereunder, and the Seller agrees that it holds such Mortgage
          Loans in custody for the Purchaser, subject to the Purchaser’s (i) right, prior
          to the Closing Date, to reject any Mortgage Loan to the extent permitted
          by this
          Agreement and (ii) obligation to deliver or cause to be delivered the
          consideration for the Mortgage Loans pursuant to Section 3 hereof. Any
          Mortgage
          Loans rejected by the Purchaser shall concurrently therewith be released
          from
          the security interest created hereby. All rights and remedies of the Purchaser
          under this Agreement are distinct from, and cumulative with, any other
          rights or
          remedies under this Agreement or afforded by law or equity and all such
          rights
          and remedies may be exercised concurrently, independently or
          successively.

        

        Notwithstanding
          the foregoing, if on the Closing Date, each of the conditions set forth
          in
          Section 10 hereof shall have been satisfied and the Purchaser shall not
          have
          paid or caused to be paid the Purchase Price, or any such condition shall
          not
          have been waived or satisfied and the Purchaser determines not to pay or
          cause
          to be paid the Purchase Price, the Purchaser shall immediately effect the
          redelivery of the Mortgage Loans, if delivery to the Purchaser has occurred,
          and
          the security interest created by this Section 13 shall be deemed to have
          been
          released.

        

        SECTION
          14. Notices.
          All
          demands, notices and communications hereunder shall be in writing and shall
          be
          deemed to have been duly given if personally delivered to or mailed by
          registered mail, postage prepaid, or transmitted by fax and, receipt of
          which is
          confirmed by telephone, if to the Purchaser, addressed to the Purchaser
          at Two
          World Financial Center, Building B, 21st
          Floor,
          New York, New York 10281, fax: (212) 667-1024, Attention: Legal Department
          (NAAC
          2006-WF1), or such other address as may hereafter be furnished to the Seller
          in
          writing by the Purchaser; and if to the Seller, addressed to the Seller
          at Two
          World Financial Center, Building B, 21st
          Floor,
          New York, New York 10281, fax: (212) 667-9680, Attention: Brett Marvin,
          or to
          such other address as the Seller may designate in writing to the
          Purchaser.

        

        SECTION
          15. Severability
          of Provisions.
          Any
          part, provision, representation or warranty of this Agreement that is prohibited
          or that is held to be void or unenforceable shall be ineffective to the
          extent
          of such prohibition or unenforceability without invalidating the remaining
          provisions hereof. Any part, provision, representation or warranty of this
          Agreement that is prohibited or unenforceable or is held to be void or
          unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
          to the extent of such prohibition or unenforceability without invalidating
          the
          remaining provisions hereof, and any such prohibition or unenforceability
          in any
          jurisdiction as to any Mortgage Loan shall not invalidate or render
          unenforceable such provision in any other jurisdiction. To the extent permitted
          by applicable law, the parties hereto waive any provision of law which
          prohibits
          or renders void or unenforceable any provision hereof.

        

        SECTION
          16. Agreement
          of Parties.
          The
          Seller and the Purchaser each agree to execute and deliver such instruments
          and
          take such actions as either of the others may, from time to time, reasonably
          request in order to effectuate the purpose and to carry out the terms of
          this
          Agreement and the Pooling and Servicing Agreement.

        

        SECTION
          17. Survival.
          The
          Seller agrees that the representations, warranties and agreements made
          by it
          herein and in any certificate or other instrument delivered pursuant hereto
          shall be deemed to be relied upon by the Purchaser, notwithstanding any
          investigation heretofore or hereafter made by the Purchaser or on its behalf,
          and that the representations, warranties and agreements made by the Seller
          herein or in any such certificate or other instrument shall survive the
          delivery
          of and payment for the Mortgage Loans and shall continue in full force
          and
          effect, notwithstanding any restrictive or qualified endorsement on the
          Mortgage
          Notes and notwithstanding subsequent termination of this Agreement, the
          Pooling
          and Servicing Agreement or the Trust Fund.

        

        SECTION
          18. GOVERNING
          LAW.
          THIS AGREEMENT AND THE RIGHTS, DUTIES, OBLIGATIONS AND RESPONSIBILITIES
          OF THE
          PARTIES HERETO SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
          LAWS
          (EXCLUDING THE CHOICE OF LAW PROVISIONS) AND DECISIONS OF THE STATE OF
          NEW YORK.
          THE PARTIES HERETO INTEND THAT THE PROVISIONS OF SECTION 5-1401 OF THE
          NEW YORK
          GENERAL OBLIGATIONS LAW SHALL APPLY TO THIS AGREEMENT.

        

        SECTION
          19. Miscellaneous.
          This
          Agreement may be executed in two or more counterparts, each of which when
          so
          executed and delivered shall be an original, but all of which together
          shall
          constitute one and the same instrument. This Agreement shall inure to the
          benefit of and be binding upon the parties hereto and their respective
          successors and assigns. This Agreement supersedes all prior agreements
          and
          understandings relating to the subject matter hereof. Neither this Agreement
          nor
          any term hereof may be changed, waived, discharged or terminated orally,
          but
          only by an instrument in writing signed by the party against whom enforcement
          of
          the change, waiver, discharge or termination is sought. The headings in
          this
          Agreement are for purposes of reference only and shall not limit or otherwise
          affect the meaning hereof.

        

        It
          is the
          express intent of the parties hereto that the conveyance of the Mortgage
          Loans
          by the Seller to the Purchaser as provided in Section 4 hereof be, and
          be
          construed as, a sale of the Mortgage Loans by the Seller to the Purchaser
          and
          not as a pledge of the Mortgage Loans by the Seller to the Purchaser to
          secure a
          debt or other obligation of the Seller. However, in the event that,
          notwithstanding the aforementioned intent of the parties, the Mortgage
          Loans are
          held to be property of the Seller, then (a) it is the express intent of
          the
          parties that such conveyance be deemed a pledge of the Mortgage Loans by
          the
          Seller to the Purchaser to secure a debt or other obligation of the Seller
          and
          (b) (1) this Agreement shall also be deemed to be a security agreement
          within
          the meaning of Articles 8 and 9 of the New York Uniform Commercial Code;
          (2) the
          conveyance provided for in Section 4 hereof shall be deemed to be a grant
          by the
          Seller to the Purchaser of a security interest in all of the Seller’s right,
          title and interest in and to the Mortgage Loans and all amounts payable
          to the
          holders of the Mortgage Loans in accordance with the terms thereof and
          all
          proceeds of the conversion, voluntary or involuntary, of the foregoing
          into
          cash, instruments, securities or other property, including without limitation
          all amounts, other than investment earnings, from time to time held or
          invested
          in the Collection Account whether in the form of cash, instruments, securities
          or other property; (3) the possession by the Purchaser or its agent of
          Mortgage
          Notes, the related Mortgages and such other items of property that constitute
          instruments, money, negotiable documents or chattel paper shall be deemed
          to be
“possession by the secured party” for purposes of perfecting the security
          interest pursuant to Section 9-305 of the New York Uniform Commercial Code;
          and
          (4) notifications to persons holding such property and acknowledgments,
          receipts
          or confirmations from persons holding such property shall be deemed
          notifications to, or acknowledgments, receipts or confirmations from, financial
          intermediaries, bailees or agents (as applicable) of the Purchaser for
          the
          purpose of perfecting such security interest under applicable law. Any
          assignment of the interest of the Purchaser pursuant to Section 4(d) hereof
          shall also be deemed to be an assignment of any security interest created
          hereby. The Seller and the Purchaser shall, to the extent consistent with
          this
          Agreement, take such actions as may be necessary to ensure that, if this
          Agreement were deemed to create a security interest in the Mortgage Loans,
          such
          security interest would be deemed to be a perfected security interest of
          first
          priority under applicable law and will be maintained as such throughout
          the term
          of this Agreement and the Pooling and Servicing Agreement.

        

        [Signature
          page to follow]

        

        

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

              
              

            

          

        IN
          WITNESS WHEREOF, the Purchaser and the Seller have caused their names to
          be
          signed by their respective officers thereunto duly authorized as of the
          date
          first above written.

        

        
          	
                  NOMURA
                    CREDIT & CAPITAL, INC.

                
	 	 
	
                  By:

                	 
	
                  Name:

                	 
	
                  Title:

                	 
	 
	 
	
                  NOMURA
                    ASSET ACCEPTANCE CORPORATION

                
	 	 
	
                  By:

                	 
	
                  Name:

                	
                  John
                    P. Graham

                
	
                  Title:

                	
                  President

                

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        EXHIBIT
          1

        

        CONTENTS
          OF MORTGAGE FILE

        

        With
          respect to each Mortgage Loan, the Mortgage File shall include each of
          the
          following items, which shall be available for inspection by the Purchaser
          or its
          designee, and which shall be delivered to the Purchaser or its designee
          pursuant
          to the terms of the Agreement.

         

        (a)  the
          original Mortgage Note (including all riders thereto) bearing all intervening
          endorsements necessary to show a complete chain of endorsements from the
          original payee, endorsed in blank, via
          original signature,
          and, if
          previously endorsed, signed in the name of the last endorsee by a duly
          qualified
          officer of the last endorsee. If
          the
          Mortgage Loan was acquired by the last endorsee in a merger, the endorsement
          must be by “[name of last endorsee], successor by merger to [name of
          predecessor]”. If the Mortgage Loan was acquired or originated by the last
          endorsee while doing business under another name, the endorsement must
          be by
“[name of last endorsee], formerly known as [previous name]”;

         

        (b)  the
          original Assignment of Mortgage executed in blank;

         

        (c)  the
          original of any guarantee executed in connection with the Mortgage Note,
          if
          any;

         

        (d)  the
          original Mortgage (including all riders thereto) with evidence of recording
          thereon and the original recorded power of attorney, if the Mortgage was
          executed pursuant to a power of attorney, with evidence of recording thereon,
          and in the case of each MOM Loan, the original Mortgage, noting the presence
          of
          the MIN of the Mortgage Loan and either language indicating that the Mortgage
          Loan is a MOM Loan or if the Mortgage Loan was not a MOM Loan at origination,
          the original Mortgage and the assignment thereof to MERS®, with evidence of
          recording indicated thereon; or, if the original Mortgage with evidence
          of
          recording thereon has not been returned by the public recording office
          where
          such Mortgage has been delivered for recordation or such Mortgage has been
          lost
          or such public recording office retains the original recorded Mortgage,
          a
          photocopy of such Mortgage, together with (i) in the case of a delay caused
          by
          the public recording office, an Officer’s Certificate of the title insurer
          insuring the Mortgage, the escrow agent, the seller or the Servicer stating
          that
          such Mortgage has been delivered to the appropriate public recording office
          for
          recordation and that the original recorded Mortgage or a copy of such Mortgage
          certified by such public recording office to be a true and complete copy
          of the
          original recorded Mortgage will be promptly delivered to the Custodian
          upon
          receipt thereof by the party delivering the Officer’s Certificate or by the
          Servicer; or (ii) in the case of a Mortgage where a public recording office
          retains the original recorded Mortgage or in the case where a Mortgage
          is lost
          after recordation in a public recording office, a copy of such Mortgage
          with the
          recording information thereon certified by such public recording office
          to be a
          true and complete copy of the original recorded Mortgage;

         

        (e)  the
          originals of all assumption, modification, consolidation or extension
          agreements, with evidence of recording thereon, if any;

         

        (f)  the
          originals of any intervening assignments of mortgage with evidence of recording
          thereon evidencing a complete chain of ownership from the originator of
          the
          Mortgage Loan to the last assignee, or if any such intervening assignment
          of
          mortgage has not been returned from the applicable public recording office
          or
          has been lost or if such public recording office retains the original recorded
          intervening assignments of mortgage, a photocopy of such intervening assignment
          of mortgage, together with (i) in the case of a delay caused by the public
          recording office, an Officer’s Certificate of the title insurer insuring the
          Mortgage, the escrow agent, the seller or the Servicer stating that such
          intervening assignment of mortgage has been delivered to the appropriate
          public
          recording office for recordation and that such original recorded intervening
          assignment of mortgage or a copy of such intervening assignment of mortgage
          certified by the appropriate public recording office to be a true and complete
          copy of the original recorded intervening assignment of mortgage will be
          promptly delivered to the Custodian upon receipt thereof by the party delivering
          the Officer’s Certificate or by the Servicer; or (ii) in the case of an
          intervening assignment of mortgage where a public recording office retains
          the
          original recorded intervening assignment of mortgage or in the case where
          an
          intervening assignment of mortgage is lost after recordation in a public
          recording office, a copy of such intervening assignment of mortgage with
          recording information thereon certified by such public recording office
          to be a
          true and complete copy of the original recorded intervening assignment
          of
          mortgage;

         

        (g)  if
          the
          Mortgage Note, the Mortgage, any Assignment of Mortgage, or any other related
          document has been signed by a Person on behalf of the Mortgagor, the original
          power of attorney or other instrument that authorized and empowered such
          Person
          to sign;

         

        (h)  the
          original lender’s title insurance policy in the form of an ALTA mortgage title
          insurance policy
          or,
          if the
          original lender’s title insurance policy has not been issued, the irrevocable
          commitment to issue the same; and

         

        (i)  the
          original of any security agreement, chattel mortgage or equivalent document
          executed in connection with the Mortgage, if any.

         

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        EXHIBIT
          2

         

        FORM
          OF LOST NOTE AFFIDAVIT

        

        Loan
          #:
          ______________

        Borrower:
          ______________

        

        LOST
          NOTE
          AFFIDAVIT

        

        

        I,
          as
          _____________________ of ____________________, a _______________ am authorized
          to make this Affidavit on behalf of Nomura Credit & Capital, Inc. (the
“Seller”). In connection with the administration of the Mortgage Loans held by
          ______________________, a _______________ [corporation] as Seller on behalf
          of
          ____________________ (the “Purchaser”), _______________________ (the
“Deponent”), being duly sworn, deposes and says that:

        

        1.

        
          	
                  The
                    Seller’s address is:

                	 
	
                   

                	 
	
                   

                	 
	 	 

        

        2. The
          Seller previously delivered to the Purchaser a signed Initial Certification
          with
          respect to such Mortgage and/or Assignment of Mortgage;

        

        3. Such
          Mortgage Note and/or Assignment of Mortgage was assigned or sold to the
          Purchaser by __________________, a _________________ pursuant to the terms
          and
          provisions of a Mortgage Loan Purchase Agreement dated as of August 30,
          2006;

        

        4. Such
          Mortgage Note and/or Assignment of Mortgage is not outstanding pursuant
          to a
          request for release of Documents;

        

        5. Aforesaid
          Mortgage Note and/or Assignment of Mortgage (the “Original”) has been
          lost;

        

        6. Deponent
          has made or caused to be made a diligent search for the Original and has
          been
          unable to find or recover same;

        

        7. The
          Seller was the Seller of the Original at the time of the loss; and

        

        8. Deponent
          agrees that, if said Original should ever come into Seller’s possession, custody
          or power, Seller will immediately and without consideration surrender the
          Original to the Purchaser.

        

        9. Attached
          hereto is a true and correct copy of (i) the Note, endorsed in blank by
          the
          Mortgagee and (ii) the Mortgage or Deed of Trust (strike one) which secures
          the
          Note, which Mortgage or Deed of Trust is recorded in the county where the
          property is located.

         

        10. Deponent
          hereby agrees that the Seller (a) shall indemnify and hold harmless the
          Purchaser, its successors and assigns, against any loss, liability or damage,
          including reasonable attorney’s fees, resulting from the unavailability of any
          Notes, including but not limited to any loss, liability or damage arising
          from
          (i) any false statement contained in this Affidavit, (ii) any claim of
          any party
          that purchased a mortgage loan evidenced by the Lost Note or any interest
          in
          such mortgage loan, (iii) any claim of any borrower with respect to the
          existence of terms of a mortgage loan evidenced by the Lost Note on the
          related
          property to the fact that the mortgage loan is not evidenced by an original
          note
          and (iv) the issuance of a new instrument in lieu thereof (items (i) through
          (iv) above hereinafter referred to as the “Losses”) and (b) if required by any
          Rating Agency in connection with placing such Lost Note into a Pass-Through
          Transfer, shall obtain a surety from an insurer acceptable to the applicable
          Rating Agency to cover any Losses with respect to such Lost Note.

        

        11. This
          Affidavit is intended to be relied upon by the Purchaser, its successors
          and
          assigns. Nomura Credit & Capital, Inc. represents and warrants that is has
          the authority to perform its obligations under this Affidavit of Lost
          Note.

        

        Executed
          this _ day of _______, 200_.

         

        

        
          	
                  By:

                	 
	
                  Name:

                	 
	
                  Title:

                	 

        

        

        

        On
          this
          __ day of ______, 200_, before me appeared ______________________ to me
          personally known, who being duly sworn did say that he is the
          _______________________ of ____________________, a ______________________
          and
          that said Affidavit of Lost Note was signed and sealed on behalf of such
          corporation and said acknowledged this instrument to be the free act and
          deed of
          said entity.

        

        Signature:

        

        [Seal]

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
 

      EXHIBIT
        D

       

      TRANSFER
        AFFIDAVIT AND AGREEMENT

       

      
        	
                STATE
                  OF NEW YORK

              	
                )

              	 
	 	
                )

              	
                ss.:

              
	
                COUNTY
                  OF NEW YORK

              	
                )

              	 

      

       

      ___________________________
        being duly sworn, deposes, represents and warrants as follows:

       

      
        	 	
                1.

              	
                I
                  am a _____________________ of _______________________________ (the
                  “Investor”) a corporation duly organized and existing under the laws of
                  _________________________, the record owner of Nomura Asset Acceptance
                  Corporation, Alternative Loan Trust, Series 2006-WF1 Mortgage Pass-Through
                  Certificates, Class R Certificates (the “Class R Certificates”), on behalf
                  of whom I make this affidavit and agreement. Capitalized terms
                  used but
                  not defined herein have the respective meanings assigned thereto
                  in the
                  Pooling and Servicing Agreement pursuant to which the Class R Certificates
                  were issued.

              

      

       

      
        	 	
                2.

              	
                The
                  Investor (i) is and will be a “Permitted Transferee” as of
                  ____________________. ____ and (ii) is acquiring the Class R Certificates
                  for its own account or for the account of another Investor from
                  which it
                  has received an affidavit in substantially the same form as this
                  affidavit. A “Permitted Transferee” is any person other than a
                  “disqualified organization” or a possession of the United States. For this
                  purpose, a “disqualified organization” means the United States, any state
                  or political subdivision thereof, any agency or instrumentality
                  of any of
                  the foregoing (other than an instrumentality all of the activities
                  of
                  which are subject to tax and, except for the Federal Home Loan
                  Mortgage
                  Corporation, a majority of whose board of directors is not selected
                  by any
                  such governmental entity) or any foreign government, international
                  organization or any agency or instrumentality of such foreign government
                  or organization, any real electric or telephone cooperative, or
                  any
                  organization (other than certain farmers’ cooperatives) that is generally
                  exempt from federal income tax unless such organization is subject
                  to the
                  tax on unrelated business taxable
                  income.

              

      

       

      
        	 	
                3.

              	
                The
                  Investor is aware (i) of the tax that would be imposed on transfers
                  of the
                  Class R Certificates to disqualified organizations under the Internal
                  Revenue Code of 1986 that applies to all transfers of the Class
                  R
                  Certificates after July 31, 1988; (ii) that such tax would be on
                  the
                  transferor or, if such transfer is through an agent (which person
                  includes
                  a broker, nominee or middleman) for a non-Permitted Transferee,
                  on the
                  agent; (iii) that the person otherwise liable for the tax shall
                  be
                  relieved of liability for the tax if the transferee furnishes to
                  such
                  person an affidavit that the transferee is a Permitted Transferee
                  and, at
                  the time of transfer, such person does not have actual knowledge
                  that the
                  affidavit is false; and (iv) that each of the Class R Certificates
                  may be
                  a “noneconomic residual interest” within the meaning of proposed Treasury
                  regulations promulgated under the Code and that the transferor
                  of a
                  “noneconomic residual interest” will remain liable for any taxes due with
                  respect to the income on such residual interest, unless no significant
                  purpose of the transfer is to impede the assessment or collection
                  of
                  tax.

              

      

       

      
        	 	
                4.

              	
                The
                  Investor is aware of the tax imposed on a “pass-through entity” holding
                  the Class R Certificates if, at any time during the taxable year
                  of the
                  pass-through entity, a non-Permitted Transferee is the record holder
                  of an
                  interest in such entity. (For this purpose, a “pass-through entity”
                  includes a regulated investment company, a real estate investment
                  trust or
                  common trust fund, a partnership, trust or estate, and certain
                  cooperatives.)

              

      

       

      
        	 	
                5.

              	
                The
                  Investor is aware that the Securities Administrator will not register
                  the
                  transfer of any Class R Certificate unless the transferee, or the
                  transferee’s agent, delivers to the Securities Administrator, among other
                  things, an affidavit in substantially the same form as this affidavit.
                  The
                  Investor expressly agrees that it will not consummate any such
                  transfer if
                  it knows or believes that any of the representations contained
                  in such
                  affidavit and agreement are false.

              

      

       

      
        	 	
                6.

              	
                The
                  Investor consents to any additional restrictions or arrangements
                  that
                  shall be deemed necessary upon advice of counsel to constitute
                  a
                  reasonable arrangement to ensure that the Class R Certificates
                  will only
                  be owned, directly or indirectly, by an Investor that is a Permitted
                  Transferee.

              

      

       

      
        	 	
                7.

              	
                The
                  Investor’s taxpayer identification number is
                  ________________.

              

      

       

      
        	 	
                8.

              	
                The
                  Investor has reviewed the restrictions set forth on the face of
                  the Class
                  R Certificates and the provisions of Section 6.02(d) of the Pooling
                  and
                  Servicing Agreement under which the Class R Certificates were issued
                  (in
                  particular, clauses (iii)(A) and (iii)(B) of Section 6.02(d) which
                  authorize the Securities Administrator to deliver payments to a
                  person
                  other than the Investor and negotiate a mandatory sale by the Securities
                  Administrator in the event that the Investor holds such Certificate
                  in
                  violation of Section 6.02(d)); and that the Investor expressly
                  agrees to
                  be bound by and to comply with such restrictions and
                  provisions.

              

      

       

      
        	 	
                9.

              	
                The
                  Investor is not acquiring and will not transfer the Class R Certificates
                  in order to impede the assessment or collection of any
                  tax.

              

      

       

      
        	 	
                10.

              	
                The
                  Investor anticipates that it will, so long as it holds the Class
                  R
                  Certificates, have sufficient assets to pay any taxes owed by the
                  holder
                  of such Class R Certificates, and hereby represents to and for
                  the benefit
                  of the person from whom it acquired the Class R Certificates that
                  the
                  Investor intends to pay taxes associated with holding such Class
                  R
                  Certificates as they become due, fully understanding that it may
                  incur tax
                  liabilities in excess of any cash flows generated by the Class
                  R
                  Certificates.

              

      

       

      
        	 	
                11.

              	
                The
                  Investor has no present knowledge that it may become insolvent
                  or subject
                  to a bankruptcy proceeding for so long as it holds the Class R
                  Certificates.

              

      

       

      
        	 	
                12.

              	
                The
                  Investor has no present knowledge or expectation that it will be
                  unable to
                  pay any United States taxes owed by it so long as any of the Certificates
                  remain outstanding.

              

      

       

      
        	 	
                13.

              	
                The
                  Investor is not acquiring the Class R Certificates with the intent
                  to
                  transfer the Class R Certificates to any person or entity that
                  will not
                  have sufficient assets to pay any taxes owed by the holder of such
                  Class R
                  Certificates, or that may become insolvent or subject to a bankruptcy
                  proceeding, for so long as the Class R Certificates remain
                  outstanding.

              

      

       

      
        	 	
                14.

              	
                The
                  Investor will, in connection with any transfer that it makes of
                  the Class
                  R Certificates, obtain from its transferee the representations
                  required by
                  Section 6.02(d) of the Pooling and Servicing Agreement under which
                  the
                  Class R Certificate were issued and will not consummate any such
                  transfer
                  if it knows, or knows facts that should lead it to believe, that
                  any such
                  representations are false.

              

      

       

      
        	 	
                15.

              	
                The
                  Investor will, in connection with any transfer that it makes of
                  the Class
                  R Certificates, deliver to the Securities Administrator an affidavit,
                  which represents and warrants that it is not transferring the Class
                  R
                  Certificates to impede the assessment or collection of any tax
                  and that it
                  has no actual knowledge that the proposed transferee: (i) has insufficient
                  assets to pay any taxes owed by such transferee as holder of the
                  Class R
                  Certificates; (ii) may become insolvent or subject to a bankruptcy
                  proceeding for so long as the Class R Certificates remains outstanding;
                  and (iii) is not a “Permitted
                  Transferee”.

              

      

       

      
        	 	
                16.

              	
                The
                  Investor is a citizen or resident of the United States, a corporation,
                  partnership or other entity created or organized in, or under the
                  laws of,
                  the United States or any political subdivision thereof, or an estate
                  or
                  trust whose income from sources without the United States may be
                  included
                  in gross income for United States federal income tax purposes regardless
                  of its connection with the conduct of a trade or business within
                  the
                  United States.

              

      

       

      
        	 	
                17.

              	
                The
                  Investor of the Class R Certificate, hereby agrees that in the
                  event that
                  the Trust Fund created by the Pooling and Servicing Agreement is
                  terminated pursuant to Section 10.01 thereof, the undersigned shall
                  assign
                  and transfer to the Holders of the Class X and the Class P Certificates
                  any amounts in excess of par received in connection with such termination.
                  Accordingly, in the event of such termination, the Securities
                  Administrator is hereby authorized to withhold any such amounts
                  in excess
                  of par and to pay such amounts directly to the Holders of the Class
                  X and
                  the Class P Certificates. This agreement shall bind and be enforceable
                  against any successor, transferee or assigned of the undersigned
                  in the
                  Class R Certificate. In connection with any transfer of the Class
                  R
                  Certificate, the Investor shall obtain an agreement substantially
                  similar
                  to this clause from any subsequent
                  owner.

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the Investor has caused this instrument to be executed on
        its
        behalf, pursuant to the authority of its Board of Directors, by its [Vice]
        President, attested by its [Assistant] Secretary, this ____ day of
        _________________, ____.

       

      
        	 	 	 	 	 	 	 	
                [INVESTOR]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Name:

              
	 	 	 	 	 	 	 	 	
                Title:
                  [Vice] President

              

      

      

       

      ATTEST:

       

      
        	
                By:

              	 	 
	 	
                Name:

              	 
	 	
                Title:
                  [Assistant] Secretary

              	 

      

      

       

      Personally
        appeared before me the above-named __________________, known or proved to
        me to
        be the same person who executed the foregoing instrument and to be a [Vice]
        President of the Investor, and acknowledged to me that [he/she] executed
        the
        same as [his/her] free act and deed and the free act and deed of the
        Investor.

       

      Subscribed
        and sworn before me this ______________ day of __________, ____.

      

      

      
        	 	 
	 	
                Notary
                  Public

              
	 	 
	 	
                County
                  of 

              	
              	
              	
              
	 	
                State
                  of 

              	 	 	 
	 	 
	 	
                My
                  Commission expires:

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      FORM
        OF
        TRANSFEROR AFFIDAVIT

       

      
        	
                STATE
                  OF NEW YORK

              	
                )

              	 
	 	
                )

              	
                ss.:

              
	
                COUNTY
                  OF NEW YORK

              	
                )

              	 

      

       

      _________________________,
        being duly sworn, deposes, represents and warrants as follows:

       

      1. I
        am
        a ____________________
        of _________________________ (the “Investor”), a corporation duly organized and
        existing under the laws of _____________, on behalf of whom I make this
        affidavit.

       

      2. The
        Investor is not transferring the Class R Certificates (the “Residual
        Certificates”) to impede the assessment or collection of any tax.

       

      3. The
        Investor has no actual knowledge that the Person that is the proposed transferee
        (the “Purchaser”) of the Residual Certificates: (i) has insufficient assets to
        pay any taxes owed by such proposed transferee as holder of the Residual
        Certificates; (ii) may become insolvent or subject to a bankruptcy proceeding
        for so long as the Residual Certificates remain outstanding and (iii) is
        not a
        Permitted Transferee.

       

      4. The
        Investor understands that the Purchaser has delivered to the Securities
        Administrator a transfer affidavit and agreement in the form attached to
        the
        Pooling and Servicing Agreement as Exhibit D. The Investor does not know
        or
        believe that any representation contained therein is false.

       

      5. At
        the
        time of transfer, the Investor has conducted a reasonable investigation of
        the
        financial condition of the Purchaser as contemplated by Treasury Regulations
        Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Investor
        has determined that the Purchaser has historically paid its debts as they
        became
        due and has found no significant evidence to indicate that the Purchaser
        will
        not continue to pay its debts as they become due in the future. The Investor
        understands that the transfer of a Residual Certificate may not be respected
        for
        United States income tax purposes (and the Investor may continue to be liable
        for United States income taxes associated therewith) unless the Investor
        has
        conducted such an investigation.

       

      6. Capitalized
        terms not otherwise defined herein shall have the meanings ascribed to them
        in
        the Pooling and Servicing Agreement dated as of August 1, 2006, among Nomura
        Asset Acceptance Corporation, Nomura Credit & Capital, Inc., Wells Fargo
        Bank, N.A. and HSBC Bank USA, National Association.

       

      IN
        WITNESS WHEREOF, the Investor has caused this instrument to be executed on
        its
        behalf, pursuant to the authority of its Board of Directors, by its [Vice]
        President, attested by its [Assistant] Secretary, this ____ day of
        ________________, ____.

       

      
        	 	 	 	 	 	 	 	
                [INVESTOR]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                Name:

              
	 	 	 	 	 	 	 	 	
                Title:
                  [Vice] President

              

      

      

       

      ATTEST:

      

      

      
        	
                By:

              	 	 
	 	
                Name:

              	 
	 	
                Title:
                  [Assistant] Secretary

              	 

      

      

       

      Personally
        appeared before me the above-named _________________, known or proved to
        me to
        be the same person who executed the foregoing instrument and to be a [Vice]
        President of the Investor, and acknowledged to me that [he/she] executed
        the
        same as [his/her] free act and deed and the free act and deed of the
        Investor.

       

      Subscribed
        and sworn before me this ______ day of _____________, ____.

      
        

        
          	 	 
	 	
                  Notary
                    Public

                
	 	 
	 	
                  County
                    of 

                	
                	
                	
                
	 	
                  State
                    of 

                	 	 	 
	 	 
	 	
                  My
                    Commission expires:

                

        

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

          
          

        

      

      Personally
        appeared before me the above-named [Name of Officer], known or proved to
        me to
        be the same person who executed the foregoing instrument and to be the [Title
        of
        Officer] of the Investor, and acknowledged to me that he/she executed the
        same
        as his/her free act and deed and the free act and deed of the
        Investor.

       

      Subscribed
        and sworn before me this ___ day of _________, 20___.

       

      NOTARY
        PUBLIC

       

      COUNTY
        OF

       

      STATE
        OF

       

      My
        commission expires the ___ day of ___________________, 20___.

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

          
          

        

      

      EXHIBIT
        E

       

      FORM
        OF
        TRANSFEROR CERTIFICATE

       

      ______________,
        2006

       

      Nomura
        Asset Acceptance Corporation

      2
        World
        Financial Center, Building B

      New
        York,
        New York 10281

       

      Wells
        Fargo Bank, N.A.

      Sixth
        Street and Marquette Avenue

      Minneapolis,
        Minnesota 55479

      Attention:
        Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series
        2006-WF1

       

      
        	
                Re:

              	
                Nomura
                  Asset Acceptance Corporation 

                Mortgage
                  Pass-Through Certificates, Series 2006-WF1, Class
                  [X][P][R]

              

      

       

      Ladies
        and Gentlemen:

       

      In
        connection with the sale by ___________ (the “Sponsor”) to ________ (the
“Purchaser”) of $_________ Initial Certificate Principal Balance of Mortgage
        Pass-Through Certificates, Series 2006-WF1, Class [X][P][R] (the
“Certificates”), issued pursuant to the Pooling and Servicing Agreement (the
“Pooling and Servicing Agreement”), dated as of August 1, 2006, among Nomura
        Asset Acceptance Corporation, as depositor (the “Depositor”), Nomura Credit
& Capital, Inc., as sponsor, Wells Fargo Bank, N.A., as master servicer (the
        “Master Servicer”) and securities administrator (the “Securities Administrator”)
        and HSBC Bank USA, National Association, as trustee (the “Trustee”). The Sponsor
        hereby certifies, represents and warrants to, a covenants with, the Depositor,
        the Securities Administrator and the Trustee that:

       

      Neither
        the Sponsor nor anyone acting on its behalf has (a) offered, pledged, sold,
        disposed of or otherwise transferred any Certificate, any interest in any
        Certificate or any other similar security to any person in any manner, (b)
        has
        solicited any offer to buy or to accept a pledge, disposition or other transfer
        of any Certificate, any interest in any Certificate or any other similar
        security from any person in any manner, (c) has otherwise approached or
        negotiated with respect to any Certificate, any interest in any Certificate
        or
        any other similar security with any person in any manner, (d) has made any
        general solicitation by means of general advertising or in any other manner,
        or
        (e) has taken any other action, that (as to any of (a) through (e) above)
        would
        constitute a distribution of the Certificates under the Securities Act of
        1933
        (the “Act”), that would render the disposition of any Certificate a violation of
        Section 5 of the Act or any state securities law, or that would require
        registration or qualification pursuant thereto. The Sponsor will not act
        in any
        manner set forth in the foregoing sentence with respect to any Certificate.
        The
        Sponsor has not and will not sell or otherwise transfer any of the Certificates,
        except in compliance with the provisions of the Pooling and Servicing
        Agreement.

      

      

      
        	 	 	 	 	 	 	 	
                Very
                  truly yours,

              
	 	 	 	 	 	 	 	
              
	 	 	 	 	 	 	 	
                 

              
	 	 	 	 	 	 	 	
                (Sponsor)

              
	 	 	 	 	 	 	 	
              	 
	 	 	 	 	 	 	 	
              	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	
                Name:

              	 
	 	 	 	 	 	 	 	
                Title:

              	 

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

          
          

        

      

      EXHIBIT
        F

       

      FORM
        OF
        INVESTOR REPRESENTATION LETTER (NON-RULE 144A)

       

      ___________,
        2006

       

      Nomura
        Asset Acceptance Corporation

      2
        World
        Financial Center

      New
        York,
        New York 10281

       

      Wells
        Fargo Bank, N.A.

      Sixth
        Street and Marquette Avenue

      Minneapolis,
        Minnesota 55479

      Attention:
        Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series
        2006-WF1

       

      
        	
                Re:

              	
                Nomura
                  Asset Acceptance Corporation, Alternative Loan Trust, Mortgage
                  Pass-Through Certificates, Series
                  2006-WF1

              

      

       

      Ladies
        and Gentlemen:

       

      _______________
        (the “Purchaser”) intends to purchase from ____________ (the “Sponsor”)
        $_________ Initial Certificate Principal Balance of Mortgage Pass-Through
        Certificates, Series 2006-WF1, Class [X][P][R] (the “Certificates”), issued
        pursuant to the Pooling and Servicing Agreement (the “Pooling and Servicing
        Agreement”), dated as of August 1, 2006, among Nomura Asset Acceptance
        Corporation, as depositor (the “Depositor”), Nomura Credit & Capital, Inc.,
        as sponsor, Wells Fargo Bank, N.A., as master servicer (the “Master Servicer”)
        and securities administrator (the “Securities Administrator”) and HSBC Bank USA,
        National Association, as trustee (the “Trustee”). All terms used herein and not
        otherwise defined shall have the meanings set forth in the Pooling and Servicing
        Agreement. The Purchaser hereby certifies, represents and warrants to, and
        covenants with, the Depositor, the Securities Administrator and the Trustee
        that:

       

      
        	
                1.

              	
                The
                  Purchaser understands that (a) the Certificates have not been and
                  will not
                  be registered or qualified under the Securities Act of 1933, as
                  amended
                  (the “Act”) or any state securities law, (b) the Depositor is not required
                  to so register or qualify the Certificates, (c) the Certificates
                  may be
                  resold only if registered and qualified pursuant to the provisions
                  of the
                  Act or any state securities law, or if an exemption from such registration
                  and qualification is available, (d) the Pooling and Servicing Agreement
                  contains restrictions regarding the transfer of the Certificates
                  and (e)
                  the Certificates will bear a legend to the foregoing
                  effect.

              
	 	 
	
                2.

              	
                The
                  Purchaser is acquiring the Certificates for its own account for
                  investment
                  only and not with a view to or for sale in connection with any
                  distribution thereof in any manner that would violate the Act or
                  any
                  applicable state securities laws.

              
	 	 
	
                3.

              	
                The
                  Purchaser is (a) a substantial, sophisticated institutional investor
                  having such knowledge and experience in financial and business
                  matters,
                  and, in particular, in such matters related to securities similar
                  to the
                  Certificates, such that it is capable of evaluating the merits
                  and risks
                  of investment in the Certificates, (b) able to bear the economic
                  risks of
                  such an investment and (c) an “accredited investor” within the meaning of
                  Rule 501 (a) promulgated pursuant to the Act.

              
	 	 
	
                4.

              	
                The
                  Purchaser has been furnished with, and has had an opportunity to
                  review
                  (a) a copy of the Pooling and Servicing Agreement and (b) such
                  other
                  information concerning the Certificates, the Mortgage Loans and
                  the
                  Depositor as has been requested by the Purchaser from the Depositor
                  or the
                  Sponsor and is relevant to the Purchaser’s decision to purchase the
                  Certificates. The Purchaser has had any questions arising from
                  such review
                  answered by the Depositor or the Sponsor to the satisfaction of
                  the
                  Purchaser.

              
	 	 
	
                5.

              	
                The
                  Purchaser has not and will not nor has it authorized or will it
                  authorize
                  any person to (a) offer, pledge, sell, dispose of or otherwise
                  transfer
                  any Certificate, any interest in any Certificate or any other similar
                  security to any person in any manner, (b) solicit any offer to
                  buy or to
                  accept a pledge, disposition of other transfer of any Certificate,
                  any
                  interest in any Certificate or any other similar security from
                  any person
                  in any manner, (c) otherwise approach or negotiate with respect
                  to any
                  Certificate, any interest in any Certificate or any other similar
                  security
                  with any person in any manner, (d) make any general solicitation
                  by means
                  of general advertising or in any other manner or (e) take any other
                  action, that (as to any of (a) through (e) above) would constitute
                  a
                  distribution of any Certificate under the Act, that would render
                  the
                  disposition of any Certificate a violation of Section 5 of the
                  Act or any
                  state securities law, or that would require registration or qualification
                  pursuant thereto. The Purchaser will not sell or otherwise transfer
                  any of
                  the Certificates, except in compliance with the provisions of the
                  Pooling
                  and Servicing Agreement.

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	 	 	 	 	 	 	 	
                Very
                  truly yours,

              
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                 

              
	 	 	 	 	 	 	 	
                (Purchaser)

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	
                Name:

              	 
	 	 	 	 	 	 	 	
                Title:

              	 

      

       

      

      EXHIBIT
        G

       

      FORM
        OF
        RULE 144A INVESTMENT LETTER

       

      [Date]

      Nomura
        Credit & Capital, Inc.

      2
        World
        Financial Center, Building B

      New
        York,
        New York 10281

       

      Nomura
        Asset Acceptance Corporation

      2
        World
        Financial Center

      New
        York,
        New York 10281

       

      Wells
        Fargo Bank, N.A.

      Sixth
        Street and Marquette Avenue

      Minneapolis,
        Minnesota 55479

       

      
        	
                Re:

              	
                Nomura
                  Asset Acceptance Corporation, Alternative Loan Trust, Mortgage
                  Pass-Through Certificates, Series 2006-WF1 (the “Certificates”), including
                  the Class [X][P][R] Certificates (the “Private
                  Certificates”)

              

      

       

      Dear
        Ladies and Gentlemen:

       

      In
        connection with our purchase of Private Certificates, we confirm
        that:

       

      
        	
                (i)

              	
                we
                  understand that the Private Certificates are not being registered
                  under
                  the Securities Act of 1933, as amended (the “Act”) or any applicable state
                  securities or “Blue Sky” laws, and are being sold to us in a transaction
                  that is exempt from the registration requirements of such
                  laws;

              
	 	 
	
                (ii)

              	
                any
                  information we desired concerning the Certificates, including the
                  Private
                  Certificates, the trust in which the Certificates represent the
                  entire
                  beneficial ownership interest (the “Trust”) or any other matter we deemed
                  relevant to our decision to purchase Private Certificates has been
                  made
                  available to us;

              
	 	 
	
                (iii)

              	
                we
                  are able to bear the economic risk of investment in Private Certificates;
                  we are an institutional “accredited investor” as defined in Section 501(a)
                  of Regulation D promulgated under the Act and a sophisticated
                  institutional investor and we agree to obtain a representation
                  from any
                  transferee that such transferee is an institutional “accredited investor”
                  so long as we are required to obtain a representation letter regarding
                  compliance with the Act;

              
	 	 
	
                (iv)

              	
                we
                  are acquiring Private Certificates for our own account, not as
                  nominee for
                  any other person, and not with a present view to any distribution
                  or other
                  disposition of the Private Certificates;

              
	 	 
	
                (v)

              	
                we
                  agree the Private Certificates must be held indefinitely by us
                  (and may
                  not be sold, pledged, hypothecated or in any way disposed of) unless
                  subsequently registered under the Act and any applicable state
                  securities
                  or “Blue Sky” laws or an exemption from the registration requirements of
                  the Act and any applicable state securities or “Blue Sky” laws is
                  available;

              
	 	 
	
                (vi)

              	
                we
                  agree that in the event that at some future time we wish to dispose
                  of or
                  exchange any of the Private Certificates (such disposition or exchange
                  not
                  being currently foreseen or contemplated), we will not transfer
                  or
                  exchange any of the Private Certificates unless:

              
	 	 
	 	
                (A)
                  (1) the sale is to an Eligible Purchaser (as defined below), (2)
                  if
                  required by the Pooling and Servicing Agreement (as defined below)
                  a
                  letter to substantially the same effect as either this letter or,
                  if the
                  Eligible Purchaser is a Qualified Institutional Buyer as defined
                  under
                  Rule 144A of the Act, the Rule 144A and Related Matters Certificate
                  in the
                  form attached to the Pooling and Servicing Agreement (as defined
                  below)
                  (or such other documentation as may be acceptable to the Securities
                  Administrator) is executed promptly by the purchaser and delivered
                  to the
                  addressees hereof and (3) all offers or solicitations in connection
                  with
                  the sale, whether directly or through any agent acting on our behalf,
                  are
                  limited only to Eligible Purchasers and are not made by means of
                  any form
                  of general solicitation or general advertising whatsoever;
                  and

              
	 	 
	 	
                (B)
                  if the Private Certificate is not registered under the Act (as
                  to which we
                  acknowledge you have no obligation), the Private Certificate is
                  sold in a
                  transaction that does not require registration under the Act and
                  any
                  applicable state securities or “blue sky” laws and, if the Securities
                  Administrator or HSBC Bank USA, National Association, as trustee
                  (the
                  “Trustee”) so requests, a satisfactory Opinion of Counsel is furnished to
                  such effect, which Opinion of Counsel shall be an expense of the
                  transferor or the transferee;

              
	 	 
	
                (vii)

              	
                we
                  agree to be bound by all of the terms (including those relating
                  to
                  restrictions on transfer) of the Pooling and Servicing, pursuant
                  to which
                  the Trust was formed; we have reviewed carefully and understand
                  the terms
                  of the Pooling and Servicing Agreement;

              
	 	 
	
                (viii)

              	
                we
                  either: (i) are not acquiring the Privately Offered Certificate
                  directly
                  or indirectly by, or on behalf of, an employee benefit plan or
                  other
                  retirement arrangement which is subject to Title I of the Employee
                  Retirement Income Security Act of 1974, as amended, and/or section
                  4975 of
                  the Internal Revenue Code of 1986, as amended, or (ii) in the case
                  of a
                  Class X, Class P or Class R Certificate, are providing the opinion
                  of
                  counsel specified in Section 6.02(b) of the Agreement.

              
	 	 
	
                (ix)

              	
                we
                  understand that each of the Class [X][P][R] Certificates bears,
                  and will
                  continue to bear, legends substantially to the following effect:
“THIS
                  CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES
                  ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR UNDER ANY STATE
                  SECURITIES LAWS. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE,
                  AGREES
                  THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE
                  TRANSFERRED ONLY IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER
                  APPLICABLE LAWS AND ONLY (1) PURSUANT TO RULE 144A UNDER THE SECURITIES
                  ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A
                  QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A (A
“QIB”),
                  PURCHASING FOR ITS OWN ACCOUNT OR A QIB PURCHASING FOR THE ACCOUNT
                  OF A
                  QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE, THAT THE REOFFER,
                  RESALE,
                  PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A,
                  (2)
                  PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144
                  UNDER THE
                  SECURITIES ACT (IF AVAILABLE) OR (3) IN CERTIFICATED FORM TO AN
                  “INSTITUTIONAL ACCREDITED INVESTOR” WITHIN THE MEANING THEREOF IN RULE
                  501(a)(1), (2), (3) or (7) OF REGULATION D UNDER THE ACT OR ANY
                  ENTITY IN
                  WHICH ALL OF THE EQUITY OWNERS COME WITHIN SUCH PARAGRAPHS PURCHASING
                  NOT
                  FOR DISTRIBUTION IN VIOLATION OF THE SECURITIES ACT, SUBJECT TO
                  (A) THE
                  RECEIPT BY THE SECURITIES ADMINISTRATOR OF A LETTER SUBSTANTIALLY
                  IN THE
                  FORM PROVIDED IN THE AGREEMENT AND (B) THE RECEIPT BY THE SECURITIES
                  ADMINISTRATOR OF SUCH OTHER EVIDENCE ACCEPTABLE TO THE SECURITIES
                  ADMINISTRATOR THAT SUCH REOFFER, RESALE, PLEDGE OR TRANSFER IS
                  IN
                  COMPLIANCE WITH THE SECURITIES ACT AND OTHER APPLICABLE LAWS OR
                  IN EACH
                  CASE IN ACCORDANCE WITH ALL APPLICABLE SECURITIES LAWS OF THE UNITED
                  STATES AND ANY OTHER APPLICABLE JURISDICTION.

              
	 	 
	 	
                NO TRANSFER
                  OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE
                  PROVIDES A CERTIFICATION PURSUANT TO SECTION 6.02(b) OF THE AGREEMENT
                  

              

      

      

      “Eligible
        Purchaser”
means
        a
        corporation, partnership or other entity which we have reasonable grounds
        to
        believe and do believe (i) can make representations with respect to itself
        to
        substantially the same effect as the representations set forth herein, and
        (ii)
        is either a Qualified Institutional Buyer as defined under Rule 144A of the
        Act
        or an institutional “Accredited Investor” as defined under Rule 501 of the
        Act.

       

      Terms
        not
        otherwise defined herein shall have the meanings assigned to them in the
        Pooling
        and Servicing Agreement, dated as of August 1, 2006, between Nomura Asset
        Acceptance Corporation, as depositor, Nomura Credit & Capital, Inc., as
        sponsor, Wells Fargo Bank, N.A., as master servicer (the “Master Servicer”) and
        securities administrator (the “Securities Administrator”) and HSBC Bank USA,
        National Association, as trustee (the “Trustee”) (the “Pooling and Servicing
        Agreement’).

       

      If
        the
        Purchaser proposes that its Certificates be registered in the name of a nominee
        on its behalf, the Purchaser has identified such nominee below, and has caused
        such nominee to complete the Nominee Acknowledgment at the end of this
        letter.

       

      Name
        of
        Nominee (if any): _______________________________

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, this document has been executed by the undersigned who is
        duly
        authorized to do so on behalf of the undersigned Eligible Purchaser on the
        ___
        day of ________, 20___.

       

      
        	 	 	 	 	 	 	 	
                Very
                  truly yours,

              
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                [PURCHASER]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Authorized
                  Officer)

              
	 	 	 	 	 	 	 	 	
                [By:

              	
              	
              	
              	
              
	 	 	 	 	 	 	 	 	
                Attorney-in-fact]

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Nominee
        Acknowledgment

       

      The
        undersigned hereby acknowledges and agrees that as to the Certificates being
        registered in its name, the sole beneficial owner thereof is and shall be
        the
        Purchaser identified above, for whom the undersigned is acting as
        nominee.

       

      
        	 	 	 	 	 	 	 	
                [NAME
                  OF NOMINEE]

              
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	
                By:

              	 
	 	 	 	 	 	 	 	 	
                (Authorized
                  Officer)

              
	 	 	 	 	 	 	 	 	
                [By:

              	
              	
              	
              	
              
	 	 	 	 	 	 	 	 	
                Attorney-in-fact]

              

      

       

      EXHIBIT
        H

       

      FORM
        OF
        ADDITIONAL DISCLOSURE NOTIFICATION

      

      Wells
        Fargo Bank, N.A. as Securities Administrator 

      9062
        Old
        Annapolis Road

      Columbia,
        Maryland 21045

      Fax:
        (410) 715-2380

      E-mail:
        cts.sec.notifications@wellsfargo.com

       

      Nomura
        Asset Acceptance Corporation

      2
        World
        Financial Center, Building B

      New
        York,
        New York 10281

       

      Attn: Corporate
        Trust Services - Nomura Asset Acceptance Corporation, Alternative Loan Trust,
         Mortgage
        Pass-Through Certificates, Series 2006-WF1 - SEC REPORT PROCESSING

       

      RE:
        **Additional Form [10-K][10-D][8-K] Disclosure**Required

       

      Ladies
        and Gentlemen:

       

      In
        accordance with Section [ ] of the Pooling and Servicing Agreement, dated
        as of
        August 1, 2006, among the Purchaser as depositor, Nomura Credit & Capital,
        Inc., as sponsor, Wells Fargo Bank, National Association, as Master Servicer
        and
        Securities Administrator, the Undersigned, as [ ], hereby notifies you that
        certain events have come to our attention that [will][may] need to be disclosed
        on Form [10-K][10-D][8-K].

       

      Description
        of Additional Form [10-K][10-D][8-K]Disclosure:

       

      

       

       

      List
        of
        Any Attachments hereto to be included in the Additional Form [10-K][10-D][8-K]
        Disclosure:

       

      Any
        inquiries related to this notification should be directed to [ ], phone number:
        [ ]; email address: [ ].

       

      [NAME
        OF
        PARTY]

       

      as
        [role]

       

      By:
        __________________

      Name:

      Title:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      

      EXHIBIT
        I

       

      DTC
        Letter of Representations

      [provided
        upon request]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      EXHIBIT
        J

       

      Schedule
        of Mortgage Loans with Lost Notes

      

      NONE

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      EXHIBIT
        K

       

      APPENDIX
        E - Standard & Poor’s Anti-Predatory Lending
        Categorization

       

      Standard
        & Poor’s has categorized loans governed by anti-predatory lending laws in
        the Jurisdictions listed below into three categories based upon a combination
        of
        factors that include (a) the risk exposure associated with the assignee
        liability and (b) the tests and thresholds set forth in those laws. Note
        that
        certain loans classified by the relevant statute as Covered are included
        in
        Standard & Poor’s High Cost Loan Category because they included thresholds
        and tests that are typical of what is generally considered High Cost by the
        industry.

      

      
        	
                Standard
                  & Poor’s High Cost Loan Categorization

              
	
                State/Jurisdiction

              	
                Name
                  of Anti-Predatory Lending Law/Effective Date

              	
                Category
                  under Applicable Anti-Predatory Lending Law

              
	
                Arkansas

              	
                Arkansas
                  Home Loan Protection Act, Ark. Code Ann. §§ 23-53-101 et seq.

                 

                Effective
                  July 16, 2003

              	
                High
                  Cost Home Loan

              
	
                Cleveland
                  Heights, OH

              	
                Ordinance
                  No. 72-2003 (PSH), Mun. Code §§ 757.01 et seq.

                 

                Effective
                  June 2, 2003 

              	
                Covered
                  Loan

              
	
                Colorado

              	
                Consumer
                  Equity Protection, Colo. Stat. Ann. §§ 5-3.5-101 et seq.

                 

                Effective
                  for covered loans offered or entered into on or after January 1,
                  2003.
                  Other provisions of the Act took effect on June 7, 2002

              	
                Covered
                  Loan

              
	
                Connecticut

              	
                Connecticut
                  Abusive Home Loan Lending Practices Act, Conn. Gen. Stat. §§ 36a-746
                  et seq.

                 

                Effective
                  October 1, 2001

              	
                High
                  Cost Home Loan

              
	
                District
                  of Columbia

              	
                Home
                  Loan Protection Act, D.C. Code §§ 26-1151.01 et seq.

                 

                Effective
                  for loans closed on or after January 28, 2003

              	
                Covered
                  Loan

              
	
                Florida

              	
                Fair
                  Lending Act, Fla. Stat. Ann. §§ 494.0078 et seq.

                 

                Effective
                  October 2, 2002

              	
                High
                  Cost Home Loan

              

      

      

      
        	
                Standard
                  & Poor’s High Cost Loan Categorization

              
	
                State/Jurisdiction

              	
                Name
                  of Anti-Predatory Lending Law/Effective Date

              	
                Category
                  under Applicable Anti-Predatory Lending Law

              
	
                Georgia
                  (Oct. 1, 2002 - Mar. 6, 2003)

              	
                Georgia
                  Fair Lending Act, Ga. Code Ann. §§ 7-6A-1 et seq.

                 

                Effective
                  October 1, 2002 - March 6, 2003

              	
                High
                  Cost Home Loan

              
	
                Georgia
                  as amended (Mar. 7, 2003 - current)

              	
                Georgia
                  Fair Lending Act, Ga. Code Ann. §§ 7-6A-1 et seq.

                 

                Effective
                  for loans closed on or after March 7, 2003

              	
                High
                  Cost Home Loan

              
	
                HOEPA
                  Section 32

              	
                Home
                  Ownership and Equity Protection Act of 1994, 15 U.S.C. § 1639, 12 C.F.R.
                  §§ 226.32 and 226.34

                 

                Effective
                  October 1, 1995, amendments October 1, 2002

              	
                High
                  Cost Loan

              
	
                Illinois

              	
                High
                  Risk Home Loan Act, Ill. Comp. Stat. tit. 815, §§ 137/5 et seq.

                 

                Effective
                  January 1, 2004 (prior to this date, regulations under Residential
                  Mortgage License Act effective from May 14, 2001)

              	
                High
                  Risk Home Loan 

              
	
                Kansas

              	
                Consumer
                  Credit Code, Kan. Stat. Ann. §§ 16a-1-101 et seq.

                 

                Sections
                  16a-1-301 and 16a-3-207 became effective April 14, 1999; Section
                  16a-3-308a became effective July 1, 1999 

              	
                High
                  Loan to Value Consumer Loan (id.§
                  16a-3-207) and;

              
	
                High
                  APR Consumer Loan (id.§
                  16a-3-308a)

              
	
                Kentucky

              	
                2003
                  KY H.B. 287 - High Cost Home Loan Act, Ky. Rev. Stat. §§ 360.100
                  et seq.

                 

                Effective
                  June 24, 2003

              	
                High
                  Cost Home Loan

              
	
                Maine

              	
                Truth
                  in Lending, Me. Rev. Stat. tit. 9-A, §§ 8-101 et seq.

                 

                Effective
                  September 29, 1995 and as amended from time to time

              	
                High
                  Rate High Fee Mortgage

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                Standard
                  & Poor’s High Cost Loan Categorization

              
	
                State/Jurisdiction

              	
                Name
                  of Anti-Predatory Lending Law/Effective Date

              	
                Category
                  under Applicable Anti-Predatory Lending Law

              
	
                Massachusetts

              	
                Part
                  40 and Part 32, 209 C.M.R. §§ 32.00 et seq.
                  and 209 C.M.R. §§ 40.01 et seq.

                 

                Effective
                  March 22, 2001 and amended from time to time

              	
                High
                  Cost Home Loan

              
	
                Nevada

              	
                Assembly
                  Bill No. 284, Nev. Rev. Stat. §§ 598D.010 et seq.

                 

                Effective
                  October 1, 2003

              	
                Home
                  Loan

              
	
                New
                  Jersey

              	
                New
                  Jersey Home Ownership Security Act of 2002, N.J. Rev. Stat. §§ 46:10B-22
                  et seq.

                 

                Effective
                  for loans closed on or after November 27, 2003

              	
                High
                  Cost Home Loan

              
	
                New
                  Mexico

              	
                Home
                  Loan Protection Act, N.M. Rev. Stat. §§ 58-21A-1 et seq.

                 

                Effective
                  as of January 1, 2004; Revised as of February 26, 2004

              	
                High
                  Cost Home Loan

              
	
                New
                  York

              	
                N.Y.
                  Banking Law Article 6-l

                 

                Effective
                  for applications made on or after April 1, 2003

              	
                High
                  Cost Home Loan

              
	
                North
                  Carolina

              	
                Restrictions
                  and Limitations on High Cost Home Loans, N.C. Gen. Stat. §§ 24-1.1E
                  et seq.

                 

                Effective
                  July 1, 2000; amended October 1, 2003 (adding open-end lines of
                  credit)

              	
                High
                  Cost Home Loan

              
	
                Ohio

              	
                H.B.
                  386 (codified in various sections of the Ohio Code), Ohio Rev.
                  Code Ann.
                  §§ 1349.25 et seq.

                 

                Effective
                  May 24, 2002

              	
                Covered
                  Loan

              
	
                Oklahoma

              	
                Consumer
                  Credit Code (codified in various sections of Title 14A)

                 

                Effective
                  July 1, 2000; amended effective January 1, 2004

              	
                Subsection
                  10 Mortgage

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	
                Standard
                  & Poor’s High Cost Loan Categorization

              
	
                State/Jurisdiction

              	
                Name
                  of Anti-Predatory Lending Law/Effective Date

              	
                Category
                  under Applicable Anti-Predatory Lending Law

              
	
                South
                  Carolina

              	
                South
                  Carolina High Cost and Consumer Home Loans Act, S.C. Code Ann.
§§ 37-23-10
                  et seq.

                Effective
                  for loans taken on or after January 1, 2004

              	
                High
                  Cost Home Loan

              
	
                West
                  Virginia 

              	
                West
                  Virginia Residential Mortgage Lender, Broker and Servicer Act,
                  W. Va. Code
                  Ann. §§ 31-17-1 et seq.

                Effective
                  June 5, 2002

              	
                West
                  Virginia Mortgage Loan Act Loan

              

      

      

       

      Standard
        & Poor’s Covered Loan Categorization

       

      

      
        	
                State/Jurisdiction

              	
                Name
                  of Anti-Predatory Lending Law/Effective Date

              	
                Category
                  under Applicable Anti-Predatory Lending Law

              
	
                Georgia
                  (Oct. 1, 2002 - Mar. 6, 2003)

              	
                Georgia
                  Fair Lending Act, Ga. Code Ann. §§ 7-6A-1 et seq.

                 

                Effective
                  October 1, 2002 - March 6, 2003

              	
                Covered
                  Loan

              
	
                New
                  Jersey

              	
                New
                  Jersey Home Ownership Security Act of 2002, N.J. Rev. Stat. §§ 46:10B-22
                  et seq.

                 

                Effective
                  November 27, 2003 - July 5, 2004

              	
                Covered
                  Home Loan

              

      

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	
                Standard
                  & Poor’s Home Loan Categorization

              
	
                State/Jurisdiction

              	
                Name
                  of Anti-Predatory Lending Law/Effective Date

              	
                Category
                  under Applicable Anti-Predatory Lending Law

              
	
                Georgia
                  (Oct. 1, 2002 - Mar. 6, 2003)

              	
                Georgia
                  Fair Lending Act, Ga. Code Ann. §§ 7-6A-1 et seq.

                 

                Effective
                  October 1, 2002 - March 6, 2003

              	
                Home
                  Loan

              
	
                New
                  Jersey

              	
                New
                  Jersey Home Ownership Security Act of 2002, N.J. Rev. Stat. §§ 46:10B-22
                  et seq.

                 

                Effective
                  for loans closed on or after November 27, 2003

              	
                Home
                  Loan

              
	
                New
                  Mexico

              	
                Home
                  Loan Protection Act, N.M. Rev. Stat. §§ 58-21A-1 et seq.

                 

                Effective
                  as of January 1, 2004; Revised as of February 26, 2004

              	
                Home
                  Loan

              
	
                North
                  Carolina

              	
                Restrictions
                  and Limitations on High Cost Home Loans, N.C. Gen. Stat. §§ 24-1.1E
                  et seq.

                 

                Effective
                  July 1, 2000; amended October 1, 2003 (adding open-end lines of
                  credit)

              	
                Consumer
                  Home Loan

              
	
                South
                  Carolina

              	
                South
                  Carolina High Cost and Consumer Home Loans Act, S.C. Code Ann.
§§ 37-23-10
                  et seq.

                 

                Effective
                  for loans taken on or after January 1, 2004

              	
                Consumer
                  Home Loan

              

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        L

       

      SERVICING
        CRITERIA

      

      SERVICING
        CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE

      

      Assessments
        of Compliance and Attestation Reports Servicing Criteria1 

      

      
        	
                Reg.
                  AB Item 1122(d) Servicing Criteria

              	
                Depositor

              	
                Sponsor

              	
                Servicer

              	
                Trustee

              	
                Custodian

              	
                Wells
                  Fargo2

              
	
                (1) General
                  Servicing Considerations

              	 	 	 	 	 	 
	
                (i) monitoring
                  performance or other triggers and events of default

              	 	 	
                X

              	 	 	
                X

              
	
                (ii) monitoring
                  performance of vendors of activities outsourced

              	 	 	
                X

              	 	 	 
	
                (iii) maintenance
                  of back-up servicer for pool assets

              	 	 	 	 	 	 
	
                (iv) fidelity
                  bond and E&O policies in effect

              	 	 	
                X

              	 	 	
                X

              
	
                (2) Cash
                  Collection and Administration

              	 	 	 	 	 	 
	
                (i) timing
                  of deposits to custodial account

              	 	 	
                X

              	 	 	
                X

              
	
                (ii) wire
                  transfers to investors by authorized personnel

              	 	 	
                X

              	 	 	
                X

              
	
                (iii) advances
                  or guarantees made, reviewed and approved as required

              	 	 	
                X

              	 	 	
                X

              
	
                (iv) accounts
                  maintained as required

              	 	 	
                X

              	 	 	
                X

              
	
                (v) accounts
                  at federally insured depository institutions

              	 	 	
                X

              	 	 	
                X

              
	
                (vi) unissued
                  checks safeguarded

              	 	 	
                X

              	 	 	
                X

              
	
                (vii) monthly
                  reconciliations of accounts

              	 	 	
                X

              	 	 	
                X

              
	
                (3) Investor
                  Remittances and Reporting

              	 	 	 	 	 	 
	
                (i) investor
                  reports

              	 	 	
                X

              	 	 	
                X

              
	
                (ii) remittances

              	 	 	
                X

              	 	 	
                X

              
	
                (iii) proper
                  posting of distributions

              	 	 	
                X

              	 	 	
                X

              
	
                (iv) reconciliation
                  of remittances and payment statements

              	 	 	
                X

              	 	 	
                X

              
	
                (4) Pool
                  Asset Administration

              	 	 	 	 	 	 
	
                (i) maintenance
                  of pool collateral

              	 	 	
                X

              	 	
                X

              	 
	
                (ii) safeguarding
                  of pool assets/documents

              	 	 	
                X

              	 	
                X

              	 
	
                (iii) additions,
                  removals and substitutions of pool assets

              	
                X

              	
                X

              	
                X

              	 	 	 
	
                (iv) posting
                  and allocation of pool asset payments to pool assets

              	 	 	
                X

              	 	 	 
	
                (v) reconciliation
                  of servicer records

              	 	 	
                X

              	 	 	 
	
                (vi) modifications
                  or other changes to terms of pool assets

              	 	 	
                X

              	 	 	 
	
                (vii) loss
                  mitigation and recovery actions

              	 	 	
                X

              	 	 	 
	
                (viii)
                  records regarding collection efforts

              	 	 	
                X

              	 	 	 
	
                (ix) adjustments
                  to variable interest rates on pool assets

              	 	 	
                X

              	 	 	 
	
                (x) matters
                  relating to funds held in trust for obligors

              	 	 	
                X

              	 	 	 
	
                (xi) payments
                  made on behalf of obligors (such as for taxes or
                  insurance)

              	 	 	
                X

              	 	 	 
	
                (xii) late
                  payment penalties with respect to payments made on behalf of obligors
                  

              	 	 	
                X

              	 	 	 
	
                (xiii)records
                  with respect to payments made on behalf of obligors

              	 	 	
                X

              	 	 	 
	
                (xiv) recognition
                  and recording of delinquencies, charge-offs and uncollectible
                  accounts

              	 	 	
                X

              	 	 	
                X

              
	
                (xv) maintenance
                  of external credit enhancement or other support

              	
                X

              	
                X

              	 	 	 	
                X

              

      

      

        

      

      
        
          1
            The
            descriptions of the Item 1122(d) servicing criteria use key words and
            phrases
            and are not verbatim recitations of the servicing criteria. Refer to
            Regulation
            AB, Item 1122 for a full description of servicing criteria.

        

        
          2 
            Wells Fargo in its capacity as Paying Agent, Master Servicer and
            Securities Administrator.

           

           

          
            
              
              

            

            
              
              

              
                

              

            

            
              
              

            

          

           

        

      

      EXHIBIT
        M

       

      FORM
        OF
        BACK-UP CERTIFICATION

       

      Re: __________
        (the “Trust”)

       

      Mortgage
        Pass-Through Certificates, Series 2006-WF1

       

      I,
        [identify the certifying individual], certify to Nomura Asset Acceptance
        Corporation (the “Depositor”), HSBC Bank USA, National Association (the
“Trustee”) and Wells Fargo Bank, N.A. (the “Master Servicer”), and their
        respective officers, directors and affiliates, and with the knowledge and
        intent
        that they will rely upon this certification, that:

       

      (1) I
        have
        reviewed the servicer compliance statement of the Servicer provided in
        accordance with Item 1123 of Regulation AB (the “Compliance Statement”), the
        report on assessment of the Servicer’s compliance with the servicing criteria
        set forth in Item 1122(d) of Regulation AB (the “Servicing Criteria”), provided
        in accordance with Rules 13a-18 and 15d-18 under Securities Exchange Act
        of
        1934, as amended (the “Exchange Act”) and Item 1122 of Regulation AB (the
“Servicing Assessment”), the registered public accounting firm’s attestation
        report provided in accordance with Rules 13a-18 and 15d-18 under the Exchange
        Act and Section 1122(b) of Regulation AB (the “Attestation Report”), and all
        servicing reports, officer’s certificates and other information relating to the
        servicing of the Mortgage Loans by the Servicer during 200[ ] that were
        delivered by the Servicer to the Master Servicer pursuant to the Agreement
        (collectively, the “Servicer Servicing Information”);

       

      (2) Based
        on
        my knowledge, the Servicer Servicing Information, taken as a whole, does
        not
        contain any untrue statement of a material fact or omit to state a material
        fact
        necessary to make the statements made, in the light of the circumstances
        under
        which such statements were made, not misleading with respect to the period
        of
        time covered by the Servicer Servicing Information;

       

      (3) Based
        on
        my knowledge, all of the Servicer Servicing Information required to be provided
        by the Servicer under the Agreement has been provided to the Master
        Servicer;

       

      (4) I
        am
        responsible for reviewing the activities performed by the Servicer as servicer
        under the Agreement, and based on my knowledge and the compliance review
        conducted in preparing the Compliance Statement and except as disclosed in
        the
        Compliance Statement, the Servicing Assessment or the Attestation Report,
        the
        Servicer has fulfilled its obligations under the Agreement in all material
        respects; and

       

      (5) The
        Compliance Statement required to be delivered by the Servicer pursuant to
        the
        Agreement, and the Servicing Assessment and Attestation Report required to
        be
        provided by the Servicer and by any Subservicer or Subcontractor pursuant
        to the
        Agreement, have been provided to the Master Servicer. Any material instances
        of
        noncompliance described in such reports have been disclosed to the Master
        Servicer. Any material instance of noncompliance with the Servicing Criteria
        has
        been disclosed in such reports.

       

      Capitalized
        terms used and not otherwise defined herein have the meanings assigned thereto
        in the Pooling and Servicing Agreement (the “Agreement”), dated as of August 1,
        2006, among Nomura Asset Acceptance Corporation, Nomura Credit & Capital,
        Inc., Wells Fargo Bank, N.A. and HSBC Bank USA, National
        Association

       

       

      
        	
                Date:

              	 	 
	 	 
	 	 
	
                [Signature]

              	 
	 	 
	
                [Title]

              	 

      

      

      EXHIBIT
        N

       

      FORM
        10-D, FORM 8-K AND FORM 10-K

      REPORTING
        RESPONSIBILITY

      

      As
        to
        each item described below, the entity indicated as the Responsible Party
        shall
        be primarily responsible for reporting the information to the party identified
        as responsible for preparing the Securities Exchange Act Reports pursuant
        to
        Section 5.12. An asterisk indicates that the Responsible Party is responsible
        for aggregating the information it receives from other Responsible
        Parties.

      

      Under
        Item 1 of Form 10-D: a) items marked “5.07 statement” are required to be
        included in the periodic Distribution Date statement under Section 5.07,
        provided by the Securities Administrator based on information received from
        the
        Master Servicer; and b) items marked “Form 10-D report” are required to be in
        the Form 10-D report but not the 5.07 statement, provided by the party
        indicated. Information under all other Items of Form 10-D is to be included
        in
        the Form 10-D report.

      

      Additional
        Form 10-D Disclosure

      

      

      
        	
                ADDITIONAL
                  FORM 10-D DISCLOSURE

              
	
                Item
                  on Form 10-D

              	
                Party
                  Responsible 

              
	
                Item
                  1: Distribution and Pool Performance Information

                 

              	 
	
                Information
                  included in the [Monthly Statement]

              	
                Servicer

                Master
                  Servicer

                Securities
                  Administrator

              
	
                Any
                  information required by 1121 which is NOT included on the [Monthly
                  Statement]

              	
                Depositor

              
	
                Item
                  2: Legal Proceedings

                 

                Any
                  legal proceeding pending against the following entities or their
                  respective property, that is material to Certificateholders, including
                  any
                  proceeding sknown to be contemplated by governmental
                  authorities:

              	 
	
                ▪
                  Issuing Entity (Trust Fund)

              	
                Trustee,
                  Master Servicer, Securities Administrator and Depositor

              
	
                ▪
                  Sponsor (Seller)

              	
                Seller
                  (if a party to the Pooling and Servicing Agreement) or
                  Depositor

              
	
                ▪
                  Depositor

              	
                Depositor

              
	
                ▪
                  Trustee

              	
                Trustee

              
	
                ▪
                  Securities Administrator

              	
                Securities
                  Administrator

              
	
                ▪
                  Master Servicer

              	
                Master
                  Servicer

              
	
                ▪
                  Custodian

              	
                Custodian

              
	
                ▪
                  1110(b) Originator

              	
                Depositor

              
	
                ▪
                  Any 1108(a)(2) Servicer (other than the Master Servicer or Securities
                  Administrator)

              	
                Servicer

              
	
                ▪
                  Any other party contemplated by 1100(d)(1)

              	
                Depositor

              
	
                Item
                  3: Sale of Securities and Use of Proceeds

                Information
                  from Item 2(a) of Part II of Form 10-Q:

                 

                With
                  respect to any sale of securities by the sponsor, depositor or
                  issuing
                  entity, that are backed by the same asset pool or are otherwise
                  issued by
                  the issuing entity, whether or not registered, provide the sales
                  and use
                  of proceeds information in Item 701 of Regulation S-K. Pricing
                  information
                  can be omitted if securities were not registered.

              	
                Depositor

              
	
                Item
                  4: Defaults Upon Senior Securities

                 

                Information
                  from Item 3 of Part II of Form 10-Q:

                 

                Report
                  the occurrence of any Event of Default (after expiration of any
                  grace
                  period and provision of any required notice)

              	
                Securities
                  Administrator

                Trustee

              
	
                Item
                  5: Submission of Matters to a Vote of Security
                  Holders

                 

                Information
                  from Item 4 of Part II of Form 10-Q

              	
                Securities
                  Administrator

                Trustee

              
	
                Item
                  6: Significant Obligors of Pool Assets

                 

                Item
                  1112(b) - Significant
                  Obligor Financial Information*

              	
                Depositor

              
	
                *This
                  information need only be reported on the Form 10-D for the distribution
                  period in which updated information is required pursuant to the
                  Item.

              	 
	
                Item
                  7: Significant Enhancement Provider Information

                 

                Item
                  1114(b)(2) - Credit Enhancement Provider Financial
                  Information*

              	 
	
                ▪
                  Determining applicable disclosure threshold

              	
                Depositor

              
	
                ▪
                  Requesting required financial information (including any required
                  accountants’ consent to the use thereof) or effecting incorporation by
                  reference

              	
                Depositor

              
	
                Item
                  1115(b) - Derivative Counterparty Financial
                  Information*

              	 
	
                ▪
                  Determining current maximum probable exposure

              	
                Depositor

              
	
                ▪
                  Determining current significance percentage

              	
                Depositor

              
	
                ▪
                  Requesting required financial information (including any required
                  accountants’ consent to the use thereof) or effecting incorporation by
                  reference

              	
                Depositor

              
	
                *This
                  information need only be reported on the Form 10-D for the distribution
                  period in which updated information is required pursuant to the
                  Items.

              	 
	
                Item
                  8: Other Information

                 

                Disclose
                  any information required to be reported on Form 8-K during the
                  period
                  covered by the Form 10-D but not reported

              	
                Any
                  party responsible for the applicable Form 8-K Disclosure
                  item

              
	
                Item
                  9: Exhibits

              	 
	
                Monthly
                  Statement to Certificateholders

              	
                Securities
                  Administrator

              
	
                Exhibits
                  required by Item 601 of Regulation S-K, such as material
                  agreements

              	
                Depositor

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Additional
        Form 10-K Disclosure

      

      

      
        	
                ADDITIONAL
                  FORM 10-K DISCLOSURE

              
	
                Item
                  on Form 10-K

              	
                Party
                  Responsible 

              
	
                Item
                  1B: Unresolved Staff Comments

                 

              	
                Depositor

              
	
                Item
                  9B: Other Information

                Disclose
                  any information required to be reported on Form 8-K during the
                  fourth
                  quarter covered by the Form 10-K but not reported

              	
                Any
                  party responsible for disclosure items on Form 8-K

              
	
                Item
                  15: Exhibits, Financial Statement Schedules

              	
                Securities
                  Administrator

                Depositor

              
	
                Reg
                  AB Item 1112(b): Significant Obligors of Pool
                  Assets

              	 
	
                Significant
                  Obligor Financial Information*

              	
                Depositor

              
	
                *This
                  information need only be reported on the Form 10-D for the distribution
                  period in which updated information is required pursuant to the
                  Item.

              	 
	
                Reg
                  AB Item 1114(b)(2): Credit Enhancement Provider Financial
                  Information

              	 
	
                ▪
                  Determining applicable disclosure threshold

              	
                Depositor

              
	
                ▪
                  Requesting required financial information (including any required
                  accountants’ consent to the use thereof) or effecting incorporation by
                  reference

              	
                Depositor

              
	
                *This
                  information need only be reported on the Form 10-D for the distribution
                  period in which updated information is required pursuant to the
                  Items.

              	 
	
                Reg
                  AB Item 1115(b): Derivative Counterparty Financial
                  Information

              	 
	
                ▪
                  Determining current maximum probable exposure

              	
                Depositor

              
	
                ▪
                  Determining current significance percentage

              	
                Depositor

              
	
                ▪
                  Requesting required financial information (including any required
                  accountants’ consent to the use thereof) or effecting incorporation by
                  reference

              	
                Depositor

              
	
                *This
                  information need only be reported on the Form 10-D for the distribution
                  period in which updated information is required pursuant to the
                  Items.

              	 
	
                Reg
                  AB Item 1117: Legal Proceedings

                 

                Any
                  legal proceeding pending against the following entities or their
                  respective property, that is material to Certificateholders, including
                  any
                  proceeding sknown to be contemplated by governmental
                  authorities:

              	 
	
                ▪
                  Issuing Entity (Trust Fund)

              	
                Trustee,
                  Master Servicer, Securities Administrator and Depositor

              
	
                ▪
                  Sponsor (Seller)

              	
                Seller
                  (if a party to the Pooling and Servicing Agreement) or
                  Depositor

              
	
                ▪
                  Depositor

              	
                Depositor

              
	
                ▪
                  Trustee

              	
                Trustee

              
	
                ▪
                  Securities Administrator

              	
                Securities
                  Administrator

              
	
                ▪
                  Master Servicer

              	
                Master
                  Servicer

              
	
                ▪
                  Custodian

              	
                Custodian

              
	
                ▪
                  1110(b) Originator

              	
                Depositor

              
	
                ▪
                  Any 1108(a)(2) Servicer (other than the Master Servicer or Securities
                  Administrator)

              	
                Servicer

              
	
                ▪
                  Any other party contemplated by 1100(d)(1)

              	
                Depositor

              
	
                Reg
                  AB Item 1119: Affiliations and Relationships

              	 
	
                Whether
                  (a) the Sponsor (Seller), Depositor or Issuing Entity is an affiliate
                  of
                  the following parties, and (b) to the extent known and material,
                  any of
                  the following parties are affiliated with one another:

              	
                Depositor
                  as to (a) 

                Sponsor/Seller
                  as to (a)

              
	
                ▪
                  Master Servicer

              	
                Master
                  Servicer 

              
	
                ▪
                  Securities Administrator

              	
                Securities
                  Administrator

              
	
                ▪
                  Trustee

              	
                Trustee

              
	
                ▪
                  Any other 1108(a)(3) servicer

              	
                Servicer

              
	
                ▪
                  Any 1110 Originator

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1112(b) Significant Obligor

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1114 Credit Enhancement Provider

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1115 Derivate Counterparty Provider

              	
                Depositor/Sponsor

              
	
                ▪
                  Any other 1101(d)(1) material party

              	
                Depositor/Sponsor

              
	
                Whether
                  there are any “outside the ordinary course business arrangements” other
                  than would be obtained in an arm’s length transaction between (a) the
                  Sponsor (Seller), Depositor or Issuing Entity on the one hand,
                  and (b) any
                  of the following parties (or their affiliates) on the other hand,
                  that
                  exist currently or within the past two years and that are material
                  to a
                  Certificateholder’s understanding of the Certificates:

              	
                Depositor
                  as to (a) 

                Sponsor/Seller
                  as to (a)

              
	
                ▪
                  Master Servicer

              	
                Master
                  Servicer 

              
	
                ▪
                  Securities Administrator

              	
                Securities
                  Administrator

              
	
                ▪
                  Trustee

              	
                Depositor/Sponsor

              
	
                ▪
                  Any other 1108(a)(3) servicer

              	
                Servicer

              
	
                ▪
                  Any 1110 Originator

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1112(b) Significant Obligor

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1114 Credit Enhancement Provider

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1115 Derivate Counterparty Provider

              	
                Depositor/Sponsor

              
	
                ▪
                  Any other 1101(d)(1) material party

              	
                Depositor/Sponsor

              
	
                Whether
                  there are any specific relationships involving the transaction
                  or the pool
                  assets between (a) the Sponsor (Seller), Depositor or Issuing Entity
                  on
                  the one hand, and (b) any of the following parties (or their affiliates)
                  on the other hand, that exist currently or within the past two
                  years and
                  that are material:

              	
                Depositor
                  as to (a) 

                Sponsor/Seller
                  as to (a)

              
	
                ▪
                  Master Servicer

              	
                Master
                  Servicer 

              
	
                ▪
                  Securities Administrator

              	
                Securities
                  Administrator

              
	
                ▪
                  Trustee

              	
                Depositor/Sponsor

              
	
                ▪
                  Any other 1108(a)(3) servicer

              	
                Servicer

              
	
                ▪
                  Any 1110 Originator

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1112(b) Significant Obligor

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1114 Credit Enhancement Provider

              	
                Depositor/Sponsor

              
	
                ▪
                  Any 1115 Derivate Counterparty Provider

              	
                Depositor/Sponsor

              
	
                ▪
                  Any other 1101(d)(1) material party

              	
                Depositor/Sponsor

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Form
        8-K
        Disclosure Information

      

      

      
        	
                FORM
                  8-K DISCLOSURE INFORMATION

              
	
                Item
                  on Form 8-K

              	
                Party
                  Responsible 

              
	
                Item
                  1.01- Entry into a Material Definitive Agreement

                 

                Disclosure
                  is required regarding entry into or amendment of any definitive
                  agreement
                  that is material to the securitization, even if depositor is not
                  a party.
                  

                 

                Examples:
                  servicing agreement, custodial agreement.

                 

                Note:
                  disclosure not required as to definitive agreements that are fully
                  disclosed in the prospectus

              	
                All
                  parties

              
	
                Item
                  1.02- Termination of a Material Definitive Agreement

                 

                Disclosure
                  is required regarding termination of any definitive agreement that
                  is
                  material to the securitization (other than expiration in accordance
                  with
                  its terms), even if depositor is not a party. 

                 

                Examples:
                  servicing agreement, custodial agreement.

              	
                All
                  parties

              
	
                Item
                  1.03- Bankruptcy or Receivership

                 

                Disclosure
                  is required regarding the bankruptcy or receivership, with respect
                  to any
                  of the following: 

              	 
	
                ▪
                  Sponsor (Seller)

              	
                Depositor/Sponsor
                  (Seller)

              
	
                ▪
                  Depositor

              	
                Depositor

              
	
                ▪
                  Master Servicer

              	
                Master
                  Servicer

              
	
                ▪
                  Affiliated Servicer

              	
                Servicer

              
	
                ▪
                  Other Servicer servicing 20% or more of the pool assets at the
                  time of the
                  report

              	
                Servicer

              
	
                ▪
                  Other material servicers

              	
                Servicer

              
	
                ▪
                  Trustee

              	
                Trustee

              
	
                ▪
                  Securities Administrator

              	
                Securities
                  Administrator

              
	
                ▪
                  Significant Obligor

              	
                Depositor

              
	
                ▪
                  Credit Enhancer (10% or more)

              	
                Depositor

              
	
                ▪
                  Derivative Counterparty

              	
                Depositor

              
	
                ▪
                  Custodian

              	
                Custodian

              
	
                Item
                  2.04- Triggering Events that Accelerate or Increase a Direct Financial
                  Obligation or an Obligation under an Off-Balance Sheet
                  Arrangement

                 

                Includes
                  an early amortization, performance trigger or other event, including
                  event
                  of default, that would materially alter the payment priority/distribution
                  of cash flows/amortization schedule.

                 

                Disclosure
                  will be made of events other than waterfall triggers which are
                  disclosed
                  in the monthly statements to the certificateholders.

              	
                Depositor

                Master
                  Servicer

                Securities
                  Administrator

              
	
                Item
                  3.03- Material Modification to Rights of Security
                  Holders

                 

                Disclosure
                  is required of any material modification to documents defining
                  the rights
                  of Certificateholders, including the Pooling and Servicing
                  Agreement.

              	
                Securities
                  Administrator

                Trustee

                Depositor

              
	
                Item
                  5.03- Amendments of Articles of Incorporation or Bylaws; Change
                  of Fiscal
                  Year

                Disclosure
                  is required of any amendment “to the governing documents of the issuing
                  entity”.

              	
                Depositor

              
	
                Item
                  6.01- ABS Informational and Computational
                  Material

              	
                Depositor

              
	
                Item
                  6.02- Change of Servicer or Securities Administrator

                 

                Requires
                  disclosure of any removal, replacement, substitution or addition
                  of any
                  master servicer, affiliated servicer, other servicer servicing
                  10% or more
                  of pool assets at time of report, other material servicers or
                  trustee.

              	
                Master
                  Servicer/Securities Administrator/Depositor/

                Servicer/Trustee

              
	
                Reg
                  AB disclosure about any new servicer or master servicer is also
                  required.

              	
                Servicer/Master
                  Servicer/Depositor

              
	
                Reg
                  AB disclosure about any new Trustee is also required.

              	
                Trustee

              
	
                Item
                  6.03- Change in Credit Enhancement or External
                  Support

                Covers
                  termination of any enhancement in manner other than by its terms,
                  the
                  addition of an enhancement, or a material change in the enhancement
                  provided. Applies to external credit enhancements as well as derivatives.
                  

              	
                Depositor/Securities
                  Administrator/Trustee

              
	
                Reg
                  AB disclosure about any new enhancement provider is also
                  required.

              	
                Depositor

              
	
                Item
                  6.04- Failure to Make a Required Distribution

              	
                Securities
                  Administrator

                Trustee

              
	
                Item
                  6.05- Securities Act Updating Disclosure

                 

                If
                  any material pool characteristic differs by 5% or more at the time
                  of
                  issuance of the securities from the description in the final prospectus,
                  provide updated Reg AB disclosure about the actual asset
                  pool.

              	
                Depositor

              
	
                If
                  there are any new servicers or originators required to be disclosed
                  under
                  Regulation AB as a result of the foregoing, provide the information
                  called
                  for in Items 1108 and 1110 respectively.

              	
                Depositor

              
	
                Item
                  7.01- Reg FD Disclosure

              	
                All
                  parties

              
	
                Item
                  8.01- Other Events

                 

                Any
                  event, with respect to which information is not otherwise called
                  for in
                  Form 8-K, that the registrant deems of importance to
                  certificateholders.

              	
                Depositor

              
	
                Item
                  9.01- Financial Statements and Exhibits

              	
                Responsible
                  party for reporting/disclosing the financial statement or
                  exhibit

              

      

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

          
          

        

      

      EXHIBIT
        O

       

      

        ASSIGNMENT,
          ASSUMPTION AND RECOGNITION AGREEMENT

         

        This
          Assignment, Assumption and Recognition Agreement (this “AAR Agreement”) is made
          and entered into as of August 30, 2006 (the “Closing Date”), among Nomura Credit
& Capital, Inc., having an address at 2 World Financial Center, Building
          B,
          21st Floor, New York, New York 10281 (the “Assignor”), Nomura Asset Acceptance
          Corporation, having an address at 2 World Financial Center, Building B,
          21st
          Floor, New York, New York 10281 (the “Assignee”) and Wells Fargo Bank, N.A.,
          having an address at 1 Home Campus, Des Moines, Iowa 50328-0001 (the “Servicer”
or the “Company”).

         

        In
          consideration of the mutual promises contained herein the parties hereto
          agree
          that the residential mortgage loans identified on the schedule annexed
          hereto as
Attachment 1
          (the
“Assigned Loans”), which are now serviced by the Servicer on behalf of the
          Assignor and its successors and assigns pursuant to the Seller’s Warranties and
          Servicing Agreement (WFHM 2006-W32), dated as of May 1, 2006, between the
          Assignor and the Servicer (the “Servicing Agreement”) and attached hereto as
Attachment 2,
          shall
          be sold by the Assignor to the Assignee pursuant to the Mortgage Loan Purchase
          Agreement, dated as of August 1, 2006 (the “MLPA”), between the Assignor and the
          Assignee and subject to the terms of this AAR Agreement. The Assignee intends
          to
          transfer all right, title and interest in and to the Assigned Loans and
          the
          Servicing Agreement to HSBC Bank USA, National Association, as trustee
          (the
“Trustee”) for the holders of Nomura Asset Acceptance Corporation, Alternative
          Loan Trust, Series 2006-WF1 Mortgage Pass-Through Certificates (the
“Certificateholders”) pursuant to the Pooling and Servicing Agreement, dated as
          of August 1, 2006 (the “Pooling and Servicing Agreement”) among the Assignor, as
          sponsor, the Assignee, as depositor, the Trustee and Wells Fargo Bank,
          N.A., as
          master servicer (the “Master Servicer”) and securities administrator (the
“Securities Administrator”). Capitalized terms used herein but not defined shall
          have the meanings ascribed to them in the Servicing Agreement.

         

        Assignment
          and Assumption

         

        1.  Assignor
          hereby grants, transfers and assigns to Assignee all of the right, title
          and
          interest of Assignor in, to and under the Servicing Agreement as it relates
          to
          the Assigned Loans. Assignor specifically reserves and does not assign
          to
          Assignee any right, title and interest in, to or under the Servicing Agreement,
          as it relates to any mortgage loans other than the Assigned Loans. The
          Assignor
          reserves the right to enforce the representations and warranties,
          indemnification and other remedies contained in Sections 3.01, 3.02 and
          3.03 of
          the Servicing Agreement against the Servicer for any events or circumstances
          occurring prior to the Closing Date. Notwithstanding anything to the contrary
          contained herein, the Assignor specifically reserves and does not assign
          to the
          Assignee the representations and warranties contained in Sections 3.01
          and 3.02
          of the Servicing Agreement or the right to enforce the representations
          and
          warranties against the Company, including, without limitation, the rights
          set
          forth in Section 3.03 of the Servicing Agreement.

         

        Representations,
          Warranties and Covenants

         

        2.  Assignor
          warrants and represents to Assignee and Servicer as of the Closing
          Date:

         

        (a)  Attached
          hereto as Attachment 2
          is a
          true and accurate copy of the Servicing Agreement, which Servicing Agreement
          is
          in full force and effect as of the date hereof and the provisions of which,
          except as set forth herein, 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 the Assigned Loans with full right to transfer the
          Assigned Loans and any and all of its interests and rights under the Servicing
          Agreement as they relate to the Assigned Loans, free and clear of any and
          all
          claims and encumbrances; and upon the transfer of the Assigned Loans to
          Assignee
          under the MLPA, Assignee shall have good title to each and every Assigned
          Loan,
          as well as any and all of Assignor’s interests and rights under the Servicing
          Agreement as they relate to the Assigned Loans to the extent set forth
          herein,
          free and clear of any and all liens, claims and encumbrances;

         

        (c)  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
          sell, transfer and assign the Assigned Loans;

         

        (d)  Assignor
          has full corporate power and authority to execute, deliver and perform
          its
          obligations under this AAR Agreement, and to consummate the transactions
          set
          forth herein. The consummation of the transactions contemplated by this
          AAR
          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 certificate of incorporation or bylaws 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 AAR 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
          AAR
          Agreement has been duly executed and delivered by Assignor and, upon the
          due
          authorization, execution and delivery by Assignee and Servicer, 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

         

        (e)  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 AAR Agreement, or the consummation by it of the transactions
          contemplated hereby.

         

        3.  Assignee
          warrants and represents to, and covenants with, Assignor and Servicer as
          of the
          Closing Date:

         

        (a)  Assignee
          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
          acquire, own and purchase the Assigned Loans;

         

        (b)  Assignee
          has full corporate power and authority to execute, deliver and perform
          its
          obligations under this AAR Agreement, and to consummate the transactions
          set
          forth herein. The consummation of the transactions contemplated by this
          AAR
          Agreement is in the ordinary course of Assignee’s business and will not conflict
          with, or result in a breach of, any of the terms, conditions or provisions
          of
          Assignee’s certificate of incorporation or by-laws or any legal restriction, or
          any material agreement or instrument to which Assignee 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 Assignee or its property is subject.
          The
          execution, delivery and performance by Assignee of this AAR Agreement and
          the
          consummation by it of the transactions contemplated hereby, have been duly
          authorized by all necessary corporate action on the part of Assignee. This
          AAR
          Agreement has been duly executed and delivered by Assignee and, upon the
          due
          authorization, execution and delivery by Assignor and the Servicer, 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;

         

        (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
          Assignee in connection with the execution, delivery or performance by Assignee
          of this AAR Agreement, or the consummation by it of the transactions
          contemplated hereby; and

         

        (d)  Assignee
          agrees to be bound by all of the terms, covenants and conditions of the
          Servicing Agreement, as modified by this AAR Agreement, with respect to
          the
          Assigned Loans.

         

        4.  The
          Servicer warrants and represents to, and covenants with, Assignor and Assignee
          as of the Closing Date:

         

        (a)  Attached
          hereto as Attachment 2
          is a
          true and accurate copy of the Servicing Agreement, which Servicing Agreement
          is
          in full force and effect as of the Closing Date and the provisions of which,
          except as set forth herein, have not been waived, amended or modified in
          any
          respect, nor has any notice of termination been given thereunder;

         

        (b)  The
          Servicer is duly organized, validly existing and in good standing under
          the laws
          of the United States of America, and has all requisite power and authority
          to
          service the Assigned Loans and otherwise to perform its obligations under
          the
          Servicing Agreement, as modified by this AAR Agreement;

         

        (c)  The
          Servicer has full power and authority to execute, deliver and perform its
          obligations under this AAR Agreement, and to consummate the transactions
          set
          forth herein. The consummation of the transactions contemplated by this
          AAR
          Agreement is in the ordinary course of the Servicer’s business and will not
          conflict with, or result in a breach of, any of the terms, conditions or
          provisions of the Servicer’s charter or by-laws or any legal restriction, or any
          material agreement or instrument to which the Servicer 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 the Servicer or its property is subject.
          The
          execution, delivery and performance by the Servicer of this AAR Agreement
          and
          the consummation by it of the transactions contemplated hereby, have been
          duly
          authorized by all necessary action on the part of the Servicer. This AAR
          Agreement has been duly executed and delivered by the Servicer, and, upon
          the
          due, authorization, execution and delivery by Assignor and Assignee, will
          constitute the valid and legally binding obligation of the Servicer, enforceable
          against the Servicer in accordance with its terms except as enforceability
          may
          be limited by insolvency, liquidation, conservatorship or other similar
          laws
          administered by the Federal Deposit Insurance Corporation affecting the
          enforcement of contract obligations of insured banks, and by general principals
          of equity regardless of whether enforceability is considered in a proceeding
          in
          equity or at law;;

         

        (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
          the Servicer in connection with the execution, delivery or performance
          by the
          Servicer of this AAR Agreement, or the consummation by it of the transactions
          contemplated hereby; and

         

        (e)  The
          Servicer shall service the Assigned Loans in accordance with the terms
          and
          provisions of the Servicing Agreement, as modified by this AAR Agreement.
          The
          Servicer shall establish a Custodial Account and an Escrow Account under
          the
          Servicing Agreement with respect to the Assigned Loans separate from the
          Custodial Account and Escrow Account previously established under the Servicing
          Agreement in favor of Assignor, and shall remit collections received on
          the
          Assigned Loans to the appropriate account as required by the Servicing
          Agreement. The Custodial Account and the Escrow Account each shall be entitled
          “Wells Fargo Bank, N.A., as Servicer for HSBC Bank USA, National Association
          as
          Trustee, in trust for the registered holders of Nomura Asset Acceptance
          Corporation, Alternative Loan Trust, Series 2006-WF1” and shall be established
          and maintained with a Qualified Depository. Any funds held in the Custodial
          Account are and shall remain uninvested.

         

        Recognition
          of Assignee.

         

        5.  From
          and
          after the date hereof, Servicer shall recognize Assignee as owner of the
          Assigned Loans, and acknowledges that the Assigned Loans will be part of
          a
          REMIC, and will service the Assigned Loans in accordance with the Servicing
          Agreement, as modified by this AAR Agreement, but in no event in a manner
          that
          would (i) cause any REMIC to fail to qualify as a REMIC or (ii) result
          in the
          imposition of a tax upon any REMIC (including but not limited to the tax
          on
          prohibited transactions as defined in Section 860F(a)(2) of the Internal
          Revenue
          Code of 1986 (the “Code”) and the tax on contributions to a REMIC set forth in
          Section 860G(d) of the Code). It is the intention of Assignor, Servicer
          and
          Assignee that this AAR Agreement shall be binding upon and for the benefit
          of
          the respective successors and assigns of the parties hereto. Neither Servicer
          nor Assignor shall amend or agree to amend, modify, waive, or otherwise
          alter
          any of the terms or provisions of the Servicing Agreement which amendment,
          modification, waiver or other alteration would in any way affect the Assigned
          Loans without the prior written consent of the Master Servicer and Trustee.
          

         

        6.  The
          Servicer hereby acknowledges that the Trustee, acting pursuant to the terms
          of
          the Pooling and Servicing Agreement, has the right to enforce all obligations
          of
          the Servicer, as they relate to the Assigned Loans, under the Servicing
          Agreement. Such right will include, without limitation, the right to
          indemnification, the right to terminate the Servicer under the Servicing
          Agreement upon the occurrence of an Event of Default thereunder and the
          right to
          exercise certain rights of consent and approval relating to actions taken
          by the
          Servicer under the Servicing Agreement. In addition, any notice required
          to be
          given by the “Purchaser” pursuant to Section 10.01 of the Servicing Agreement
          shall be given by the Master Servicer or the Trustee. The Servicer further
          acknowledges that pursuant to the terms of the Pooling and Servicing Agreement,
          the Master Servicer is required to monitor the performance of the Servicer
          under
          the Servicing Agreement, except with respect to Section 4.23 of the Servicing
          Agreement. The Master Servicer shall have the right to receive all remittances
          required to be made by the Servicer under the Servicing Agreement, the
          right to
          receive all monthly reports and other data required to be delivered by
          the
          Servicer under the Servicing Agreement, the right to examine the books
          and
          records of the Servicer under the Servicing Agreement and the right to
          indemnification under the Servicing Agreement. In addition, if the Servicer
          shall fail to remit any payment pursuant to the Servicing Agreement, the
          Master
          Servicer shall notify the Trustee and the Servicer of such failure as set
          forth
          in Section 10.01 of the Servicing Agreement. The Servicer hereby agrees
          to make
          all remittances required under the Servicing Agreement to the Master Servicer
          for the benefit of the Certificateholders in accordance with the following
          wire
          instructions:

         

        Wells
          Fargo Bank, N.A.

        ABA:
          121000248

        Acct
          #:
          3970771416

        Acct
          Name: SAS Clearing

        For
          Further Credit to: NAAC 2006-WF1 Account #50944300

         

        7.  Pursuant
          to Section 9.01(a) of the Servicing Agreement, the Servicer hereby makes
          the
          representations and warranties set forth in Section 3.01 of the Servicing
          Agreement as of the Closing Date.

         

        8.  In
          the
          event that the Assignor substitutes any Deleted Mortgage Loans with any
          Qualified Substitute Mortgage Loans in the manner set forth in the Pooling
          and
          Servicing Agreement, the Servicer shall determine the amount (the “Substitution
          Shortfall Amount”), if any, by which the aggregate purchase price of all such
          Deleted Mortgage Loans exceeds the aggregate of, as to each such Qualified
          Substitute Mortgage Loan, (x) the scheduled principal balance thereof as
          of the
          date of substitution, together with one month’s interest on such scheduled
          principal balance at the applicable Mortgage Interest Rate (minus the
          Administration Fee Rate (as defined below)), plus (y) all outstanding Monthly
          Advances and Servicing Advances (including nonrecoverable Monthly Advances
          and
          nonrecoverable Servicing Advances) related thereto; provided, however,
          if the
          Servicer repurchases the Deleted Mortgage Loan, the amounts set forth in
          clause
          (y) shall not be included in the calculation of the Substitution Shortfall
          Amount. On the date of such substitution, the Assignor will deliver or
          cause to
          be delivered to the Servicer for deposit in the Custodial Account an amount
          equal to the Substitution Shortfall Amount, if any, and the Servicer shall
          certify in writing or electronic mail to the Trustee that it has received
          such
          Substitution Shortfall Amount from the Assignor. The Servicer shall remit
          such
          Substitution Shortfall Amount to the Securities Administrator on the next
          succeeding Remittance Date. As used in this Section, the “Administration Fee
          Rate” means the sum of the rates used to calculate the fees payable to the
          Servicer, the Master Servicer and the credit risk manager under the Pooling
          and
          Servicing Agreement. 

         

        Modification
          of the Servicing Agreement

         

        9.  The
          Servicer and Assignor hereby amend the Servicing Agreement with respect
          to the
          Assigned Loans as follows:

         

        (a)  The
          following definitions are added to Article I of the Servicing Agreement
          in
          proper alphabetical order:

         

        “Authorized
          Servicer Representative”:
          Any
          officer of the Servicer involved in, or responsible for, the administration
          and
          servicing of the Mortgage Loans whose name and facsimile signature appear
          on a
          list of servicing officers furnished to the Trustee and the Master Servicer
          by
          the Servicer on the closing date of any securitization transaction, as
          such list
          may from time to time be amended.

         

        “Covered
          Mortgage Loan”:
          Each
          Mortgage Loan covered by the PMI Policy, as identified on Schedule 2 of
          the
          Pooling and Servicing Agreement.

         

        “Distribution
          Date”:
          The
          25th day of any month, or if such 25th day is not a Business Day, the Business
          Day immediately following such 25th day, commencing in September
          2006.

         

        “PMI
          Insurer”:
          PMI
          Mortgage Insurance Company, an Arizona corporation, or its successor in
          interest.

         

        “Securities
          Administrator”:
          Wells
          Fargo Bank, N.A. or any successor thereto.

         

        “Trust”:
          Alternative Loan Trust, Series 2006-WF1.

         

        “Trustee”:
          HSBC
          Bank USA, National Association a national banking association, or its successor
          in interest, or any successor trustee.

         

        (b)  The
          definition of Business Day in Article I of the Servicing Agreement is modified
          by replacing clause (ii) with the following:

         

        “(ii)
          a
          day on which banking institutions in the State of New York, the State of
          Maryland, the State of Iowa, the State of California, the State of Minnesota,
          the State of South Carolina and the State in which any Corporate Trust
          Office of
          the Trustee is located are authorized or obligated by law or executive
          order to
          be closed.”

         

        (c)  The
          definition of “Depositor” in Article I of the Servicing Agreement is modified by
          replacing such definition with the following:

         

        “Depositor”:
          Nomura
          Asset Acceptance Corporation”

         

        (d)  The
          definition of “Master Servicer” in Article I of the Servicing Agreement is
          modified by replacing such definition with the following:

         

        “Master
          Servicer”:
          Wells
          Fargo Bank, N.A. or any successor thereto.”

         

        (e)  The
          definition of “Officer’s Certificate” in Article I of this Agreement is modified
          by adding “(i)” at the beginning thereof and the following after the word
“Agreement”: 

         

        “,
          or
          (ii) if provided for in this Agreement, signed by an Authorized Servicer
          Representative, as the case may be, and delivered to the Depositor, the
          Sponsor,
          the Master Servicer, the Securities Administrator and/or the Trustee, as
          the
          case may be, as required by this Agreement.”

         

        (f)  The
          definition of “Opinion of Counsel” in Article I of the Servicing Agreement is
          modified by replacing such definition with the following:

         

        “Opinion
          of Counsel”:
          A
          written opinion of counsel, who may, without limitation, be salaried counsel
          for
          the Depositor, the Company, the Securities Administrator or the Master
          Servicer,
          acceptable to the Trustee, except that any opinion of counsel relating
          to (a)
          the qualification of any REMIC as a REMIC or (b) compliance with the REMIC
          Provisions must be an opinion of independent counsel; provided, however,
          any
          Opinion of Counsel provided by the Company pursuant to clause (b) above
          may be
          provided by internal counsel; provided that the delivery of such Opinion
          of
          Counsel shall not release the Company from any of its obligations hereunder
          and
          the Company shall be responsible for such contemplated actions or inaction,
          as
          the case may be, to the extent it conflicts with the terms of this
          Agreement.”

         

        (g)  The
          definition of “PMI Policy” in Article I of the Servicing Agreement is modified
          by replacing such definition with the following:

         

        “PMI
          Policy”:
          The
          primary mortgage insurance policy (policy reference number: # _____________)
          with respect to the related PMI Mortgage Loans, including all endorsements
          thereto dated the Closing Date, issued by the PMI Insurer.

         

        (h)  The
          definition of “Rating Agency” in Article I of the Servicing Agreement is
          modified by replacing such definition with the following:

         

        “Rating
          Agencies”:
          Moody’s Investors Services, Inc. and Standard & Poor’s Ratings Services, or
          their successors. If such agencies or their successors are no longer in
          existence, “Rating Agencies” shall be such nationally recognized statistical
          rating agencies, or other comparable Persons, designated by the Depositor,
          notice of which designation shall be given to the Trustee.”

         

        (i)  The
          definition of “Qualified Depository” in Article I of the Servicing Agreement is
          hereby amended by deleting the words “Group or” following the words “Standard
& Poor’s Ratings” and replacing it with “Services and”.

         

        (j)  The
          following language is added to the end of the definition of “REMIC Provisions”
in Article I of the Servicing Agreement: 

         

        “as
          well
          as provisions of applicable state laws”

         

        (k)  The
          definition of “Servicer” in Article I of the Servicing Agreement is modified by
          replacing such definition with the following:

         

        “Servicer”:
          As
          defined in Section 9.01(d)(iii).

         

        (l)  The
          definition of “Servicing Advances” in Article I of the Servicing Agreement is
          hereby amended by adding the following language after the phrase “including
          reasonable attorney's fees and disbursements”: “but excluding any fees
          associated with the registration of any Mortgage Loan on the MERS System
          as
          required under Section 4.01”.

         

        (m)  The
          definition of “Servicing Advances” in Article I of the Servicing Agreement is
          further amended by adding the following language at the end thereof: “and (f)
          payment of taxes.”

         

        (n)  Section
          4.05 of the Servicing Agreement is modified by deleting the word “and” at the
          end of clause (viii), deleting the “.” at the end of clause (ix) and adding “;”
and adding the following clauses: “(x) to reimburse itself for expenses incurred
          and reimbursable to it pursuant to the fees paid to MERS under Section
          4.01; and
          (xi) to reimburse itself for any Monthly Advance or Servicing Advance previously
          made by it which the Company has determined to be a nonrecoverable Monthly
          Advance or a nonrecoverable Servicing Advance, as evidenced by the delivery
          to
          the Master Servicer of a certificate signed by two officers of the
          Company”.

         

        (o)  Section
          4.15 of the Servicing Agreement is modified by adding the following new
          paragraph at the end thereof:

         

        “Notwithstanding
          anything to the contrary elsewhere in this Agreement, the Servicer shall
          not
          agree to any modification or assumption of a Covered Mortgage Loan or take
          any
          other action with respect to a Covered Mortgage Loan that could result
          in denial
          of coverage under the PMI Policy. The Servicer shall, on behalf of the
          Trustee,
          prepare and file on a timely basis with the PMI Insurer, with a copy to
          the
          Trustee and the Securities Administrator, all claims which may be made
          under the
          PMI Policy with respect to the Covered Mortgage Loans. Consistent with
          all
          rights and obligations hereunder, the Servicer shall take all actions required
          under the PMI Policy as a condition to the payment of any such claim. Any
          amount
          received from the PMI Insurer with respect to any such Covered Mortgage
          Loan
          shall be
          deposited by the Servicer into the Escrow Account in accordance with Section
          4.08.”

         

        (p)  Section
          4.16 of the Servicing Agreement is modified by deleting the “.” from the first
          sentence in the second paragraph and adding the following: “in a manner which
          does not cause such REO Property to fail to qualify as “foreclosure property”
within the meaning of Section 860G(a)(8) of the Code or result in the receipt
          by
          any Trust REMIC created hereunder of any “income from non-permitted assets”
within the meaning of Section 860F(a)(2)(B) of the Code, or any “net income from
          foreclosure property” which is subject to taxation under the REMIC
          Provisions.”

         

        (q)  Section
          4.16 of the Servicing Agreement is further modified by deleting the first
          sentence from the third paragraph and replacing it with the following:
“The
          Company, shall either sell any REO Property by the close of the third calendar
          year following the calendar year in which the Trust acquires ownership
          of such
          REO Property for purposes of Section 860(a)(8) of the Code or request from
          the
          Internal Revenue Service, no later than 60 days before the day on which
          the
          three-year grace period would otherwise expire an extension of the three-year
          grace period, unless the Company had delivered to the Trustee an Opinion
          of
          Counsel, addressed to the Trustee and the Depositor, to the effect that
          the
          holding by the Trust of such REO Property subsequent to three years after
          its
          acquisition will not result in the imposition on any Trust REMIC created
          hereunder of taxes on “prohibited transactions” thereof, as defined in Section
          860F of the Code, or cause any Trust REMIC hereunder to fail to qualify
          as a
          REMIC under Federal law at any time that any Certificates issued by the
          Trust
          are outstanding.”

         

        (r)  Section
          4.17 of the Servicing Agreement is modified by deleting the words “on or before
          the Remittance Date” from the first sentence therein.

         

        (s)  The
          second paragraph of Section 5.01 of the Servicing Agreement is modified
          by
          deleting from the first sentence therein the words “second (2nd)
          Business Day following the” and by deleting the phrase “second (2nd)”
from
          the second sentence therein.

         

        (t)  Section
          5.02 of the Servicing Agreement is deleted in its entirety and replaced
          with the
          following:

         

        “No
          later
          than the tenth (10th)
          calendar day (or if such tenth (10th)
          day is
          not a Business Day, the first Business Day immediately preceding such tenth
          (10th)
          day) of
          each month, Company shall furnish to the Master Servicer a computer tape
          or data
          file containing the data specified in Exhibit I, which data shall reflect
          information from the Due Period immediately preceding the Remittance Date
          and
          such other information with respect to the Mortgage Loans as the Master
          Servicer
          may reasonably require to allocate remittances made pursuant to this Agreement
          and provide appropriate statements with respect to such
          remittances.”

         

        (u)  Section
          5.03 of the Servicing Agreement is modified by deleting the words “that if
          requested by a Rating Agency” from the first sentence of clause (ii)
          therein.

         

        (v)  The
          first
          paragraph of Section 6.02 of the Servicing Agreement is modified by deleting
          the
          words “and may request the release of any Mortgage Loan Documents” and adding
          the words “and may request that the Purchaser or its designee release the
          related Mortgage Loan Documents” in the last line of such
          paragraph.

         

        (w)  Section
          6.04 of the Servicing Agreement is modified by deleting the words “the
          Purchaser, any Master Servicer and any Depositor” and “the Purchaser, such
          Master Servicer and such Depositor” and replacing such with “the Master
          Servicer”. 

         

        (x)  Section
          6.05 of the Servicing Agreement is deleted in its entirety and replaced
          with
“Reserved”.

         

        (y)  Section
          6.06 of the Servicing Agreement is modified by deleting the words “the
          Purchaser, any Master Servicer and any Depositor” and “the Purchaser, such
          Master Servicer and such Depositor” and replacing such with “the Master
          Servicer,”.

         

        (z)  Section
          6.07 of the Servicing Agreement is modified by adding the language “, Master
          Servicer,” after the phrase “(or such designee)” in clause (iii) therein.

         

        (aa)  Section
          6.09 of the Servicing Agreement is modified by adding the following paragraph
          immediately following the first paragraph of Section 6.09:

         

        “The
          Company shall not permit the creation of any “interests” (within the meaning of
          Section 860G of the Code) in any REMIC. The Company shall not enter into
          any
          arrangement by which a REMIC will receive a fee or other compensation for
          services nor permit a REMIC to receive any income from assets other than
          “qualified mortgages” as defined in Section 860G(a)(3) of the Code or “permitted
          investments” as defined in Section 860G(a)(5) of the Code.”

         

        (bb)  Section
          8.01 of the Servicing Agreement is deleted in its entirety and replaced
          with the
          following:

         

        “The
          Company shall indemnify the Purchaser and Master Servicer and hold them
          harmless
          against any and all claims, losses, damages, penalties, fines, forfeitures,
          reasonable and necessary legal fees and related costs, judgments, and any
          other
          costs, fees and expenses that the Purchaser or Master Servicer may sustain
          in
          any way related to the failure of the Company to perform its duties and
          service
          the Mortgage Loans in strict compliance with the terms of this Agreement.
          The
          Company immediately shall notify the Purchaser and Master Servicer if a
          claim is
          made by a third party with respect to this Agreement or the Mortgage Loans,
          assume (with prior written consent of the Purchaser or Master Servicer,
          respectively) the defense of any such claim and pay all expenses in connection
          therewith, including counsel fees, and promptly pay, discharge and satisfy
          and
          judgment or decree which may be entered against it or the Purchaser or
          Master
          Servicer in respect of such claim. The Company shall follow any written
          instructions received from the Purchaser or Master Servicer in connection
          with
          such claim. The Purchaser or Master Servicer promptly shall reimburse the
          Company for all amounts advanced by it pursuant to the preceding sentence
          except
          when the claim is in any way related to the Company’s indemnification pursuant
          to Section 3.03, or the failure of the Company to service and administer
          the
          Mortgage Loans in strict compliance with the terms of this
          Agreement.”

         

        (cc)  Section
          9.01(d) of the Servicing Agreement is modified by deleting phrase “(i), (ii),
          (iii) and (vii)” in the first paragraph thereof in its entirety and replacing it
          with the phrase “(i), (ii), (iii), (vii) and (viii)”.

         

        (dd)  Section
          9.01(d)(vi)(A) of the Servicing Agreement is modified by deleting the phrase
          “The Company shall be deemed to represent” in the first line there thereof in
          its entirety and replacing it with the phrase “The Company hereby
          represents”.

         

        (ee)  Section
          9.01(d)(viii) of the Servicing Agreement is modified adding the following
          language at the end thereof: “as may reasonably requested by the Purchaser, any
          Master Servicer, or any Depositor.”

         

        (ff)  Section
          9.01(e)(iv) of the Servicing Agreement is modified adding the following
          language
          at the end thereof: “or Sections 4.25, 6.04, 6.06, 6.07, 9.01(d) or (f) or
          12.14.”

         

        (gg)  Section
          9.01 of the Servicing Agreement is modified by deleting the phrase “Section
          9.01(d)” in the first sentence of the third paragraph thereof in its entirety
          and replacing it with the phrase “Sections 4.25, 6.04, 6.06, 6.07, 9.01(d), (e)
          and (f) and 12.14.”

         

        (hh)  Section
          10.01 of the Servicing Agreement is modified by adding the language “(not
          including Sections 6.04 or 6.06 of this Agreement)” after the phrase “set forth
          in this Agreement” in clause (ii) therein, and by replacing “thirty (30)” with
“fourteen (14)” in clause (x) therein.

         

        (ii)  Section
          11.02 of the Servicing Agreement is hereby deleted in its entirety.

         

        (jj)  Exhibit
          I
          of the Servicing Agreement is modified to include the information set forth
          on
Attachment 3
          hereto
          or in such other format mutually agreed upon by the Company and the Master
          Servicer.

         

        (kk)  Exhibit
          I
          of the Servicing Agreement is further modified by deleting the phrase “Form of
          Remittance Advice” in its entirety and replacing it with the phrase “Form of
          Remittance Report”. 

         

        (ll)  Exhibit
          K
          of the Servicing Agreement is hereby deleted in its entirety and replaced
          with
Attachment 4
          hereto.

         

        Miscellaneous

         

        10.  All
          demands, notices and communications related to the Assigned Loans, the
          Servicing
          Agreement and this AAR Agreement shall be in writing or electronic mail
          and
          shall be deemed to have been duly given if personally delivered at or mailed
          by
          registered mail, postage prepaid, as follows:

         

        (a)   
            In
          the
          case of Assignor,

         

        Nomura
          Credit & Capital, Inc.

        2
          World
          Financial Center

        Building
          B, 18th Floor

        New
          York,
          New York 10281

        Attn:
          Legal Assistant

         

        (b)   
            In
          the
          case of Assignee,

         

        Nomura
          Asset Acceptance Corporation

        2
          World
          Financial Center

        Building
          B, 18th Floor

        New
          York,
          New York 10281

        Attention:
          Legal Assistant

         

        (c)   
            In
          the
          case of Master Servicer,

         

        Wells
          Fargo Bank, N.A.

        9062
          Old
          Annapolis Road

        Columbia,
          Maryland 21045

        Attention:
          Client Manager - NAAC 2006-WF1

        Telecopier:
          (410) 715-2380

         

        (d)   
            In
          the
          case of Servicer,

         

        Wells
          Fargo Bank, N.A.

        1
          Home
          Campus

        Des
          Moines, Iowa 50328-0001

        Attention:
          John B. Brown, MAC X2302-033

         

        With
          a
          copy to:

         

        Wells
          Fargo Bank, N.A.

        1
          Home
          Campus

        Des
          Moines, Iowa 50328-0001

        Attention:
          General Counsel MAC X2401-06T

         

        11.  Each
          party will pay any commissions, fees and expenses, including attorney’s fees, it
          has incurred in connection with the negotiations for, documenting of and
          closing
          of the transactions contemplated by this AAR Agreement.

         

        12.  This
          AAR
          Agreement shall be construed in accordance with the laws of the State of
          New
          York, without regard to conflicts of law principles, and the obligations,
          rights
          and remedies of the parties hereunder shall be determined in accordance
          with
          such laws.

         

        13.  No
          term
          or provision of this AAR 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.

         

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

         

        15.  This
          AAR
          Agreement shall survive the conveyance of the Assigned Loans, the assignment
          of
          the Servicing Agreement to the extent of the Assigned Loans by Assignor
          to
          Assignee and the termination of the Servicing Agreement.

         

        16.  This
          AAR
          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.

         

        17.  In
          the
          event that any provision of this AAR Agreement conflicts with any provision
          of
          the Servicing Agreement with respect to the Assigned Loans, the terms of
          this
          AAR Agreement shall control.

         

        18.  For
          purposes of this AAR Agreement, the Trustee and the Master Servicer shall
          be
          considered third party beneficiaries to this Agreement entitled to all
          the
          rights and benefits accruing to the Trustee and the Master Servicer, as
          applicable, herein as if it were a direct party to this AAR
          Agreement.

         

        

        

        [SIGNATURES
          COMMENCE ON FOLLOWING PAGE] 

         

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

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

         

        

        NOMURA
          CREDIT & CAPITAL, INC.

        Assignor

        

         

        By:_________________________________

        Name:

        Title:

        

         

        NOMURA
          ASSET ACCEPTANCE CORPORATION

        Assignee

        

         

        By:_________________________________

        Name:

        Title:

        
 

        WELLS
          FARGO BANK, N.A.

        Servicer

        

         

        By:_________________________________

        Name:

        Title:

         

        ACKNOWLEDGED
          AND AGREED TO:

        HSBC
          BANK
          USA, NATIONAL ASSOCIATION

        Trustee
          for the holders of the Nomura Asset Acceptance Corporation,

        Alternative
          Loan Trust, Series 2006-WF1

        Mortgage
          Pass-Through Certificates

        

         

        By:_________________________________

        Name:

        Title:

        

         

        ACKNOWLEDGED
          AND AGREED TO:

        WELLS
          FARGO BANK, N.A.

        Master
          Servicer

        

         

        By:_________________________________

        Name:

        Title:

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        ATTACHMENT
          1

         

        ASSIGNED
          LOAN SCHEDULE

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        ATTACHMENT
          2

         

        SELLER’S
          WARRANTIES AND SERVICING AGREEMENT

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        

        ATTACHMENT
          3

         

        STANDARD
          FILE LAYOUT- SCHEDULED/SCHEDULED

         

        Exhibit
          1:
          Standard
          File Layout - Master Servicing

         

        
          	
                  Column
                    Name

                	
                  Description

                	
                  Decimal

                	
                  Format
                    Comment

                	
                  Max
                    Size

                
	
                  SER_INVESTOR_NBR

                	
                  A
                    value assigned by the Servicer to define a group of loans.

                	
                   

                	
                  Text
                    up to 10 digits

                	
                  20

                
	
                  LOAN_NBR

                	
                  A
                    unique identifier assigned to each loan by the investor.

                	
                   

                	
                  Text
                    up to 10 digits

                	
                  10

                
	
                  SERVICER_LOAN_NBR

                	
                  A
                    unique number assigned to a loan by the Servicer. This may be
                    different
                    than the LOAN_NBR.

                	
                   

                	
                  Text
                    up to 10 digits

                	
                  10

                
	
                  BORROWER_NAME

                	
                  The
                    borrower name as received in the file. It is not separated by
                    first and
                    last name.

                	
                   

                	
                  Maximum
                    length of 30 (Last, First)

                	
                  30

                
	
                  SCHED_PAY_AMT

                	
                  Scheduled
                    monthly principal and scheduled interest payment that a borrower
                    is
                    expected to pay, P&I constant.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  NOTE_INT_RATE

                	
                  The
                    loan interest rate as reported by the Servicer.

                	
                  4

                	
                  Max
                    length of 6

                	
                  6

                
	
                  NET_INT_RATE

                	
                  The
                    loan gross interest rate less the service fee rate as reported
                    by the
                    Servicer.

                	
                  4

                	
                  Max
                    length of 6

                	
                  6

                
	
                  SERV_FEE_RATE

                	
                  The
                    servicer's fee rate for a loan as reported by the Servicer.
                    

                	
                  4

                	
                  Max
                    length of 6

                	
                  6

                
	
                  SERV_FEE_AMT

                	
                  The
                    servicer's fee amount for a loan as reported by the Servicer.
                    

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  NEW_PAY_AMT

                	
                  The
                    new loan payment amount as reported by the Servicer. 

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  NEW_LOAN_RATE

                	
                  The
                    new loan rate as reported by the Servicer. 

                	
                  4

                	
                  Max
                    length of 6

                	
                  6

                
	
                  ARM_INDEX_RATE

                	
                  The
                    index the Servicer is using to calculate a forecasted
                    rate.

                	
                  4

                	
                  Max
                    length of 6

                	
                  6

                
	
                  ACTL_BEG_PRIN_BAL

                	
                  The
                    borrower's actual principal balance at the beginning of the processing
                    cycle.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  ACTL_END_PRIN_BAL

                	
                  The
                    borrower's actual principal balance at the end of the processing
                    cycle.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  BORR_NEXT_PAY_DUE_DATE

                	
                  The
                    date at the end of processing cycle that the borrower's next
                    payment is
                    due to the Servicer, as reported by Servicer.

                	
                   

                	
                  MM/DD/YYYY

                	
                  10

                
	
                  SERV_CURT_AMT_1

                	
                  The
                    first curtailment amount to be applied.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SERV_CURT_DATE_1

                	
                  The
                    curtailment date associated with the first curtailment amount.
                    

                	
                   

                	
                  MM/DD/YYYY

                	
                  10

                
	
                  CURT_ADJ_
                    AMT_1

                	
                  The
                    curtailment interest on the first curtailment amount, if
                    applicable.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SERV_CURT_AMT_2

                	
                  The
                    second curtailment amount to be applied.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SERV_CURT_DATE_2

                	
                  The
                    curtailment date associated with the second curtailment
                    amount.

                	
                   

                	
                  MM/DD/YYYY

                	
                  10

                
	
                  CURT_ADJ_
                    AMT_2

                	
                  The
                    curtailment interest on the second curtailment amount, if
                    applicable.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SERV_CURT_AMT_3

                	
                  The
                    third curtailment amount to be applied.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SERV_CURT_DATE_3

                	
                  The
                    curtailment date associated with the third curtailment
                    amount.

                	
                   

                	
                  MM/DD/YYYY

                	
                  10

                
	
                  CURT_ADJ_AMT_3

                	
                  The
                    curtailment interest on the third curtailment amount, if
                    applicable.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  PIF_AMT

                	
                  The
                    loan "paid in full" amount as reported by the Servicer.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  PIF_DATE

                	
                  The
                    paid in full date as reported by the Servicer.

                	
                   

                	
                  MM/DD/YYYY

                	
                  10

                
	
                   

                	
                   

                	
                   

                	
                  Action
                    Code Key: 15=Bankruptcy, 30=Foreclosure, , 60=PIF, 63=Substitution,
                    65=Repurchase,70=REO 

                	
                  2

                
	
                  ACTION_CODE

                	
                  The
                    standard FNMA numeric code used to indicate the default/delinquent
                    status
                    of a particular loan.

                
	
                  INT_ADJ_AMT

                	
                  The
                    amount of the interest adjustment as reported by the
                    Servicer.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SOLDIER_SAILOR_ADJ_AMT

                	
                  The
                    Soldier and Sailor Adjustment amount, if applicable.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  NON_ADV_LOAN_AMT

                	
                  The
                    Non Recoverable Loan Amount, if applicable.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  LOAN_LOSS_AMT

                	
                  The
                    amount the Servicer is passing as a loss, if applicable.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SCHED_BEG_PRIN_BAL

                	
                  The
                    scheduled outstanding principal amount due at the beginning of
                    the cycle
                    date to be passed through to investors.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SCHED_END_PRIN_BAL

                	
                  The
                    scheduled principal balance due to investors at the end of a
                    processing
                    cycle.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SCHED_PRIN_AMT

                	
                  The
                    scheduled principal amount as reported by the Servicer for the
                    current
                    cycle -- only applicable for Scheduled/Scheduled Loans.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  SCHED_NET_INT

                	
                  The
                    scheduled gross interest amount less the service fee amount for
                    the
                    current cycle as reported by the Servicer -- only applicable
                    for
                    Scheduled/Scheduled Loans.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  ACTL_PRIN_AMT

                	
                  The
                    actual principal amount collected by the Servicer for the current
                    reporting cycle -- only applicable for Actual/Actual
                    Loans.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  ACTL_NET_INT

                	
                  The
                    actual gross interest amount less the service fee amount for
                    the current
                    reporting cycle as reported by the Servicer -- only applicable
                    for
                    Actual/Actual Loans.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  PREPAY_PENALTY_
                    AMT

                	
                  The
                    penalty amount received when a borrower prepays on his loan as
                    reported by
                    the Servicer. 

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                  PREPAY_PENALTY_
                    WAIVED

                	
                  The
                    prepayment penalty amount for the loan waived by the
                    servicer.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                
	
                   

                	
                   

                	
                   

                	
                   

                	
                   

                
	
                  MOD_DATE

                	
                  The
                    Effective Payment Date of the Modification for the loan.

                	
                   

                	
                  MM/DD/YYYY

                	
                  10

                
	
                  MOD_TYPE

                	
                  The
                    Modification Type.

                	
                   

                	
                  Varchar
                    - value can be alpha or numeric

                	
                  30

                
	
                  DELINQ_P&I_ADVANCE_AMT

                	
                  The
                    current outstanding principal and interest advances made by
                    Servicer.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                	
                  11

                

        

        

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        STANDARD
          FILE LAYOUT- DELINQUENCY REPORTING

         

        Exhibit
          1: Standard File Layout - Delinquency Reporting

         

        
          	
                  Column/Header
                    Name

                	
                  Description

                	
                  Decimal

                	
                  Format
                    Comment

                
	
                  SERVICER_LOAN_NBR

                	
                  A
                    unique number assigned to a loan by the Servicer. This may be
                    different
                    than the LOAN_NBR

                	 	
                   

                
	
                  LOAN_NBR

                	
                  A
                    unique identifier assigned to each loan by the originator.

                	 	
                   

                
	
                  CLIENT_NBR

                	
                  Servicer
                    Client Number

                	 	 
	
                  SERV_INVESTOR_NBR

                	
                  Contains
                    a unique number as assigned by an external servicer to identify
                    a group of
                    loans in their system.

                	 	
                   

                
	
                  BORROWER_FIRST_NAME

                	
                  First
                    Name of the Borrower.

                	 	 
	
                  BORROWER_LAST_NAME

                	
                  Last
                    name of the borrower.

                	 	 
	
                  PROP_ADDRESS

                	
                  Street
                    Name and Number of Property

                	 	
                   

                
	
                  PROP_STATE

                	
                  The
                    state where the property located.

                	 	
                   

                
	
                  PROP_ZIP

                	
                  Zip
                    code where the property is located.

                	 	
                   

                
	
                  BORR_NEXT_PAY_DUE_DATE

                	
                  The
                    date that the borrower's next payment is due to the servicer
                    at the end of
                    processing cycle, as reported by Servicer.

                	 	
                  MM/DD/YYYY

                
	
                  LOAN_TYPE

                	
                  Loan
                    Type (i.e. FHA, VA, Conv)

                	 	
                   

                
	
                  BANKRUPTCY_FILED_DATE

                	
                  The
                    date a particular bankruptcy claim was filed.

                	 	
                  MM/DD/YYYY

                
	
                  BANKRUPTCY_CHAPTER_CODE

                	
                  The
                    chapter under which the bankruptcy was filed.

                	 	
                   

                
	
                  BANKRUPTCY_CASE_NBR

                	
                  The
                    case number assigned by the court to the bankruptcy
                    filing.

                	 	
                   

                
	
                  POST_PETITION_DUE_DATE

                	
                  The
                    payment due date once the bankruptcy has been approved by the
                    courts

                	 	
                  MM/DD/YYYY

                
	
                  BANKRUPTCY_DCHRG_DISM_DATE

                	
                  The
                    Date The Loan Is Removed From Bankruptcy. Either by Dismissal,
                    Discharged
                    and/or a Motion For Relief Was Granted. 

                	 	
                  MM/DD/YYYY

                
	
                  LOSS_MIT_APPR_DATE

                	
                  The
                    Date The Loss Mitigation Was Approved By The Servicer

                	 	
                  MM/DD/YYYY

                
	
                  LOSS_MIT_TYPE

                	
                  The
                    Type Of Loss Mitigation Approved For A Loan Such As;

                	 	 
	
                  LOSS_MIT_EST_COMP_DATE

                	
                  The
                    Date The Loss Mitigation /Plan Is Scheduled To End/Close

                	 	
                  MM/DD/YYYY

                
	
                  LOSS_MIT_ACT_COMP_DATE

                	
                  The
                    Date The Loss Mitigation Is Actually Completed

                	 	
                  MM/DD/YYYY

                
	
                  FRCLSR_APPROVED_DATE

                	
                  The
                    date DA Admin sends a letter to the servicer with instructions
                    to begin
                    foreclosure proceedings.

                	 	
                  MM/DD/YYYY

                
	
                  ATTORNEY_REFERRAL_DATE

                	
                  Date
                    File Was Referred To Attorney to Pursue Foreclosure

                	 	
                  MM/DD/YYYY

                
	
                  FIRST_LEGAL_DATE

                	
                  Notice
                    of 1st legal filed by an Attorney in a Foreclosure Action

                	 	
                  MM/DD/YYYY

                
	
                  FRCLSR_SALE_EXPECTED_DATE

                	
                  The
                    date by which a foreclosure sale is expected to occur.

                	 	
                  MM/DD/YYYY

                
	
                  FRCLSR_SALE_DATE

                	
                  The
                    actual date of the foreclosure sale.

                	 	
                  MM/DD/YYYY

                
	
                  FRCLSR_SALE_AMT

                	
                  The
                    amount a property sold for at the foreclosure sale.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  EVICTION_START_DATE

                	
                  The
                    date the servicer initiates eviction of the borrower.

                	 	
                  MM/DD/YYYY

                
	
                  EVICTION_COMPLETED_DATE

                	
                  The
                    date the court revokes legal possession of the property from
                    the
                    borrower.

                	 	
                  MM/DD/YYYY

                
	
                  LIST_PRICE

                	
                  The
                    price at which an REO property is marketed.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  LIST_DATE

                	
                  The
                    date an REO property is listed at a particular price.

                	 	
                  MM/DD/YYYY

                
	
                  OFFER_AMT

                	
                  The
                    dollar value of an offer for an REO property.

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  OFFER_DATE_TIME

                	
                  The
                    date an offer is received by DA Admin or by the Servicer.

                	 	
                  MM/DD/YYYY

                
	
                  REO_CLOSING_DATE

                	
                  The
                    date the REO sale of the property is scheduled to close.

                	 	
                  MM/DD/YYYY

                
	
                  REO_ACTUAL_CLOSING_DATE

                	
                  Actual
                    Date Of REO Sale

                	 	
                  MM/DD/YYYY

                
	
                  OCCUPANT_CODE

                	
                  Classification
                    of how the property is occupied.

                	 	
                   

                
	
                  PROP_CONDITION_CODE

                	
                  A
                    code that indicates the condition of the property.

                	 	
                   

                
	
                  PROP_INSPECTION_DATE

                	
                  The
                    date a property inspection is performed.

                	 	
                  MM/DD/YYYY

                
	
                  APPRAISAL_DATE

                	
                  The
                    date the appraisal was done.

                	 	
                  MM/DD/YYYY

                
	
                  CURR_PROP_VAL

                	
                   The
                    current "as is" value of the property based on brokers price
                    opinion or
                    appraisal.

                	
                  2

                	
                   

                
	
                  REPAIRED_PROP_VAL

                	
                  The
                    amount the property would be worth if repairs are completed pursuant
                    to a
                    broker's price opinion or appraisal.

                	
                  2

                	
                   

                
	
                  If
                    applicable:

                	
                   

                	 	
                   

                
	
                  DELINQ_STATUS_CODE

                	
                  FNMA
                    Code Describing Status of Loan

                	 	 
	
                  DELINQ_REASON_CODE

                	
                  The
                    circumstances which caused a borrower to stop paying on a loan.
                    Code
                    indicates the reason why the loan is in default for this
                    cycle.

                	 	 
	
                  MI_CLAIM_FILED_DATE

                	
                  Date
                    Mortgage Insurance Claim Was Filed With Mortgage Insurance
                    Company.

                	 	
                  MM/DD/YYYY

                
	
                  MI_CLAIM_AMT

                	
                  Amount
                    of Mortgage Insurance Claim Filed

                	 	
                  No
                    commas(,) or dollar signs ($)

                
	
                  MI_CLAIM_PAID_DATE

                	
                  Date
                    Mortgage Insurance Company Disbursed Claim Payment

                	 	
                  MM/DD/YYYY

                
	
                  MI_CLAIM_AMT_PAID

                	
                  Amount
                    Mortgage Insurance Company Paid On Claim

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  POOL_CLAIM_FILED_DATE

                	
                  Date
                    Claim Was Filed With Pool Insurance Company

                	 	
                  MM/DD/YYYY

                
	
                  POOL_CLAIM_AMT

                	
                  Amount
                    of Claim Filed With Pool Insurance Company

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  POOL_CLAIM_PAID_DATE

                	
                  Date
                    Claim Was Settled and The Check Was Issued By The Pool
                    Insurer

                	 	
                  MM/DD/YYYY

                
	
                  POOL_CLAIM_AMT_PAID

                	
                  Amount
                    Paid On Claim By Pool Insurance Company

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  FHA_PART_A_CLAIM_FILED_DATE

                	
                   Date
                    FHA Part A Claim Was Filed With HUD

                	 	
                  MM/DD/YYYY

                
	
                  FHA_PART_A_CLAIM_AMT

                	
                   Amount
                    of FHA Part A Claim Filed

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  FHA_PART_A_CLAIM_PAID_DATE

                	
                   Date
                    HUD Disbursed Part A Claim Payment

                	 	
                  MM/DD/YYYY

                
	
                  FHA_PART_A_CLAIM_PAID_AMT

                	
                   Amount
                    HUD Paid on Part A Claim

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  FHA_PART_B_CLAIM_FILED_DATE

                	
                    Date
                    FHA Part B Claim Was Filed With HUD

                	 	
                  MM/DD/YYYY

                
	
                  FHA_PART_B_CLAIM_AMT

                	
                    Amount
                    of FHA Part B Claim Filed

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  FHA_PART_B_CLAIM_PAID_DATE

                	
                     Date
                    HUD Disbursed Part B Claim Payment

                	 	
                  MM/DD/YYYY

                
	
                  FHA_PART_B_CLAIM_PAID_AMT

                	
                   Amount
                    HUD Paid on Part B Claim

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                
	
                  VA_CLAIM_FILED_DATE

                	
                   Date
                    VA Claim Was Filed With the Veterans Admin

                	 	
                  MM/DD/YYYY

                
	
                  VA_CLAIM_PAID_DATE

                	
                   Date
                    Veterans Admin. Disbursed VA Claim Payment

                	 	
                  MM/DD/YYYY

                
	
                  VA_CLAIM_PAID_AMT

                	
                   Amount
                    Veterans Admin. Paid on VA Claim

                	
                  2

                	
                  No
                    commas(,) or dollar signs ($)

                

        

         

        
 

        Exhibit
          2: Standard
          File Codes - Delinquency Reporting

        

         

        The
          Loss
          Mit Type
          field
          should show the approved Loss Mitigation Code as follows: 

         

        
          	·  	
                  ASUM-Approved
                    Assumption

                

        

         

        
          	·  	
                  BAP-Borrower
                    Assistance Program

                

        

         

        
          	·  	
                  CO-
                    Charge Off

                

        

         

        
          	·  	
                  DIL-
                    Deed-in-Lieu

                

        

         

        
          	·  	
                  FFA-
                    Formal Forbearance Agreement

                

        

         

        
          	·  	
                  MOD-
                    Loan Modification

                

        

         

        
          	·  	
                  PRE-
                    Pre-Sale

                

        

         

        
          	·  	
                  SS-
                    Short Sale

                

        

         

        
          	·  	
                  MISC-Anything
                    else approved by the PMI or Pool
                    Insurer

                

        

        

         

        NOTE:
          Wells
          Fargo Bank will accept alternative Loss Mitigation Types to those above,
          provided that they are consistent with industry standards. If Loss Mitigation
          Types other than those above are used, the Servicer must supply Wells Fargo
          Bank
with a description of each of the Loss Mitigation Types prior to sending
          the
          file.

         

        The
          Occupant
          Code
          field
          should show the current status of the property code as follows:

         

        
          	·  	
                  Mortgagor

                

        

         

        
          	·  	
                  Tenant

                

        

         

        
          	·  	
                  Unknown
                    

                

        

         

        
          	·  	
                  Vacant

                

        

        
 

        The
          Property
          Condition
          field
          should show the last reported condition of the property as follows:

         

        
          	·  	
                  Damaged

                

        

         

        
          	·  	
                  Excellent

                

        

         

        
          	·  	
                  Fair

                

        

         

        
          	·  	
                  Gone

                

        

         

        
          	·  	
                  Good

                

        

         

        
          	·  	
                  Poor

                

        

         

        
          	·  	
                  Special
                    Hazard

                

        

         

        
          	·  	
                  Unknown

                

        

         

        The
          FNMA
          Delinquent Reason Code
          field
          should show the Reason for Delinquency as follows: 

        

        
          	
                  Delinquency
                    Code

                	
                  Delinquency
                    Description

                
	
                  001

                	
                  FNMA-Death
                    of principal mortgagor

                
	
                  002

                	
                  FNMA-Illness
                    of principal mortgagor

                
	
                  003

                	
                  FNMA-Illness
                    of mortgagor’s family member

                
	
                  004

                	
                  FNMA-Death
                    of mortgagor’s family member

                
	
                  005

                	
                  FNMA-Marital
                    difficulties

                
	
                  006

                	
                  FNMA-Curtailment
                    of income

                
	
                  007

                	
                  FNMA-Excessive
                    Obligation

                
	
                  008

                	
                  FNMA-Abandonment
                    of property

                
	
                  009

                	
                  FNMA-Distant
                    employee transfer

                
	
                  011

                	
                  FNMA-Property
                    problem

                
	
                  012

                	
                  FNMA-Inability
                    to sell property

                
	
                  013

                	
                  FNMA-Inability
                    to rent property

                
	
                  014

                	
                  FNMA-Military
                    Service

                
	
                  015

                	
                  FNMA-Other

                
	
                  016

                	
                  FNMA-Unemployment

                
	
                  017

                	
                  FNMA-Business
                    failure

                
	
                  019

                	
                  FNMA-Casualty
                    loss

                
	
                  022

                	
                  FNMA-Energy
                    environment costs

                
	
                  023

                	
                  FNMA-Servicing
                    problems

                
	
                  026

                	
                  FNMA-Payment
                    adjustment

                
	
                  027

                	
                  FNMA-Payment
                    dispute

                
	
                  029

                	
                  FNMA-Transfer
                    of ownership pending

                
	
                  030

                	
                  FNMA-Fraud

                
	
                  031

                	
                  FNMA-Unable
                    to contact borrower

                
	
                  INC

                	
                  FNMA-Incarceration

                

        

        

        

        Exhibit
          3: Calculation
          of Realized Loss/Gain Form 332- Instruction Sheet

         

        NOTE:
          Do not net or combine items. Show all expenses individually and all credits
          as
          separate line items. Claim packages are due on the remittance report date.
          Late
          submissions may result in claims not being passed until the following month.
          The
          Servicer is responsible to remit all funds pending loss approval and /or
          resolution of any disputed items. 

        

        The
          numbers on the 332 form correspond with the numbers listed below.

         

        Liquidation
          and Acquisition Expenses:

         

        1.          
           The
          Actual Unpaid Principal Balance of the Mortgage Loan. For documentation,
          an
          Amortization Schedule from date of default through liquidation breaking
          out the
          net interest and servicing fees advanced is required.

         

        2.          
           The
          Total
          Interest Due less the aggregate amount of servicing fee that would have
          been
          earned if all delinquent payments had been made as agreed. For documentation,
          an
          Amortization Schedule from date of default through liquidation breaking
          out the
          net interest and servicing fees advanced is required.

         

        3.          
            Accrued
          Servicing Fees based upon the Scheduled Principal Balance of the Mortgage
          Loan
          as calculated on a monthly basis. For documentation, an Amortization Schedule
          from date of default through liquidation breaking out the net interest
          and
          servicing fees advanced is required.

         

        4-12.     
           Complete
          as applicable. Required documentation:

         

        *
          For
          taxes and insurance advances - see page 2 of 332 form - breakdown required
          showing period of
          coverage, base tax, interest, penalty. Advances prior to default require
          evidence of servicer efforts to recover advances.

         

        *
          For
          escrow advances - complete payment history (to
          calculate advances from last positive escrow balance forward)

         

        *
          Other
          expenses -  copies of corporate advance history showing all payments

         

        *
          REO
          repairs > $1500 require explanation

         

        *
          REO
          repairs >$3000 require evidence of at least 2 bids.

         

        *
          Short
          Sale or Charge Off require P&L supporting the decision and WFB’s approved
          Officer Certificate 

         

        *
          Unusual
          or extraordinary items may require further documentation. 

         

        13.  The
          total
          of lines 1 through 12.

         

        Credits:
          

         

        14-21.   
           Complete
          as applicable. Required documentation:

         

        *
          Copy of
          the HUD 1 from the REO sale. If a 3rd
          Party
          Sale, bid instructions and Escrow Agent / Attorney Letter
          of
          Proceeds Breakdown.

         

        *
          Copy of
          EOB for any MI or gov't guarantee 

         

        *
          All
          other credits need to be clearly defined on the 332
          form      
     

         

         

        
          	 	
                  22.

                	
                  The
                    total of lines 14 through 21.

                

        

         

        Please
          Note: For
          HUD/VA loans, use line (18a) for Part A/Initial proceeds and line (18b)
          for Part
          B/Supplemental proceeds.

         

        Total
          Realized Loss (or Amount of Any Gain)

         

        23.        
           The
          total
          derived from subtracting line 22 from 13. If the amount represents a realized
          gain, show
          the
          amount in parenthesis ( ). 

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        Exhibit
          3A: Calculation
          of Realized Loss/Gain Form 332

        
           

          Prepared
            by: __________________   Date:
            _____________________

          Phone:
            ______________________           
Email Address:_____________________

           

          
            	
                     
                      Servicer Loan No.

                  	 	
                     
                      Servicer Name

                  	 	
                     
                      Servicer Address 

                     

                  

          

           

          WELLS
            FARGO BANK, N.A. Loan No._________________________________________

           

          Borrower's
            Name: _________________________________________________________

          Property
            Address: _________________________________________________________

           

          Liquidation
            Type: REO Sale  
            3rd
            Party Sale  
Short
            Sale 
Charge
            Off 

           

          Was
            this loan granted a Bankruptcy deficiency or cramdown  Yes                            
            No

          If
“Yes”,
            provide deficiency or cramdown amount
            ________________________________________

           

          Liquidation
            and Acquisition Expenses:

          

            
              	
                      (1)

                    	
                      Actual
                        Unpaid Principal Balance of Mortgage Loan

                    	
                      $
                        _______________

                    	
                      (1)

                    
	
                      (2)

                    	
                      Interest
                        accrued at Net Rate

                    	
                      ________________

                    	
                      (2)

                    
	
                      (3)

                    	
                      Accrued
                        Servicing Fees

                    	
                      ________________

                    	
                      (3)

                    
	
                      (4)

                    	
                      Attorney's
                        Fees

                    	
                      ________________

                    	
                      (4)

                    
	
                      (5)

                    	
                      Taxes
                        (see page 2)

                    	
                      ________________

                    	
                      (5)

                    
	
                      (6)

                    	
                      Property
                        Maintenance

                    	
                      ________________

                    	
                      (6)

                    
	
                      (7)

                    	
                      MI/Hazard
                        Insurance Premiums (see page 2)

                    	
                      ________________

                    	
                      (7)

                    
	
                      (8)

                    	
                      Utility
                        Expenses

                    	
                      ________________

                    	
                      (8)

                    
	
                      (9)

                    	
                      Appraisal/BPO

                    	
                      ________________

                    	
                      (9)

                    
	
                      (10)

                    	
                      Property
                        Inspections

                    	
                      ________________

                    	
                      (10)

                    
	
                      (11)

                    	
                      FC
                        Costs/Other Legal Expenses

                    	
                      ________________

                    	
                      (11)

                    
	
                      (12)

                    	
                      Other
                        (itemize)

                    	
                      $________________

                    	
                      (12)

                    
	
                      Cash
                        for Keys__________________________

                    	 	
                      ________________

                    	 
	
                      HOA/Condo
                        Fees_______________________

                    	 	
                      ________________

                    	 
	
                      ______________________________________

                    	 	
                      ________________

                    	 
	
                      ______________________________________

                    	 	
                      ________________

                    	 
	
                      Total
                        Expenses

                    	 	
                      $
                        _______________

                    	
                      (13)

                    
	
                      Credits:

                    	 	 	 
	
                      (14)

                    	
                      Escrow
                        Balance

                    	
                      $
                        _______________

                    	
                      (14)

                    
	
                      (15)

                    	
                      HIP
                        Refund

                    	
                      ________________

                    	
                      (15)

                    
	
                      (16)

                    	
                      Rental
                        Receipts

                    	
                      ________________

                    	
                      (16)

                    
	
                      (17)

                    	
                      Hazard
                        Loss Proceeds

                    	
                      ________________

                    	
                      (17)

                    
	
                      (18)

                    	
                      Primary
                        Mortgage Insurance / Gov’t Insurance

                    	
                      ________________

                    	
                      (18a)

                    
	 	
                      HUD
                        Part A

                    	 	 
	 	
                      HUD
                        Part B

                    	
                      ________________

                    	
                      (18b)

                    
	
                      (19)

                    	
                      Pool
                        Insurance Proceeds

                    	
                      ________________

                    	
                      (19)

                    
	
                      (20)

                    	
                      Proceeds
                        from Sale of Acquired Property

                    	
                      ________________

                    	
                      (20)

                    
	
                      (21)

                    	
                      Other
                        (itemize)

                    	
                      ________________

                    	
                      (21)

                    
	
                      _________________________________________

                    	 	
                      _________________

                    	 
	
                      _________________________________________

                    	
                       

                    	
                      _________________

                    	 
	
                      Total
                        Credits

                    	
                      $________________

                    	
                       

                    	
                      (22)

                    
	
                      Total
                        Realized Loss (or Amount of Gain)

                    	
                      $________________

                    	
                       

                    	
                      (23)

                    

              
                
                  
                  

                

                
                  
                  

                  
                    

                  

                

                
                  
                  

                

              

          

        

        Escrow
          Disbursement Detail

        

        

        
          	
                  Type

                  (Tax
                    /Ins.)

                	
                  Date
                    Paid

                	
                  Period
                    of Coverage

                	
                  Total
                    Paid

                	
                  Base
                    Amount

                	
                  Penalties

                	
                  Interest

                
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

        

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

        
 

        ATTACHMENT
          4

         

        BACK-UP
          CERTIFICATION

         

        Re: __________
          (the “Trust”)

         

        Mortgage
          Pass-Through Certificates, Series 2006-WF1

         

        I,
          [identify the certifying individual], certify to Nomura Asset Acceptance
          Corporation (the “Depositor”), HSBC Bank USA, National Association (the
“Trustee”) and Wells Fargo Bank, N.A. (the “Master Servicer”), and their
          respective officers, with the knowledge and intent that they will rely
          upon this
          certification, that:

         

        (1) I
          have
          reviewed the servicer compliance statement of the Servicer provided in
          accordance with Item 1123 of Regulation AB (the “Compliance Statement”), the
          report on assessment of the Servicer’s compliance with the servicing criteria
          set forth in Item 1122(d) of Regulation AB (the “Servicing Criteria”), provided
          in accordance with Rules 13a-18 and 15d-18 under Securities Exchange Act
          of
          1934, as amended (the “Exchange Act”) and Item 1122 of Regulation AB (the
“Servicing Assessment”), the registered public accounting firm’s attestation
          report provided in accordance with Rules 13a-18 and 15d-18 under the Exchange
          Act and Section 1122(b) of Regulation AB (the “Attestation Report”), and all
          servicing reports, officer’s certificates and other information relating to the
          servicing of the Mortgage Loans by the Servicer during 200[ ] that were
          delivered by the Servicer to the Master Servicer pursuant to the Agreement
          (collectively, the “Servicer Servicing Information”);

         

        (2) Based
          on
          my knowledge, the Servicer Servicing Information, taken as a whole, does
          not
          contain any untrue statement of a material fact or omit to state a material
          fact
          necessary to make the statements made, in the light of the circumstances
          under
          which such statements were made, not misleading with respect to the period
          of
          time covered by the Servicer Servicing Information;

         

        (3) Based
          on
          my knowledge, all of the Servicer Servicing Information required to be
          provided
          by the Servicer under the Agreement has been provided to the Master
          Servicer;

         

        (4) I
          am
          responsible for reviewing the activities performed by the Servicer under
          the
          Agreement, and based on my knowledge and the compliance review conducted
          in
          preparing the Compliance Statement and except as disclosed in the Compliance
          Statement, the Servicing Assessment or the Attestation Report, the Servicer
          has
          fulfilled its obligations under the Agreement in all material respects;
          and

         

        (5) The
          Compliance Statement required to be delivered by the Servicer pursuant
          to the
          Agreement, and the Servicing Assessment and Attestation Report required
          to be
          provided by the Servicer and by any Subservicer and Subcontractor pursuant
          to
          the Agreement, have been provided to the Master Servicer. Any material
          instances
          of noncompliance described in such reports have been disclosed to the Master
          Servicer. Any material instance of noncompliance with the Servicing Criteria
          has
          been disclosed in such reports.

         

        Capitalized
          terms used and not otherwise defined herein have the meanings assigned
          thereto
          in the Seller’s Warranties and Servicing Agreement, dated as of May 1, 2006,
          between Wells Fargo Bank, N.A. and Nomura
          Credit & Capital, Inc.,
          as
          modified by the Assignment, Assumption and Recognition Agreement, dated
          as of
          August 30, 2006, among Nomura Credit & Capital, Inc., Nomura Asset
          Acceptance Corporation and Wells Fargo Bank, N.A. (together, the “Servicing
          Agreement”).

         

        

        

        
          	
                  Date:

                	 	 
	 	 
	 	 
	
                  [Signature]

                	 
	 	 
	
                  [Title]

                	 

        

        

         

        

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        P

       

      Cap
        Contract

       

      
         

         

        
          
            	
                    Nomura
                      Global Financial Products Inc.

                    2
                      World Financial Center

                    Building
                      B, 22nd
                      Floor

                    New
                      York, New York 10281-1198

                  	
                    

                  

          

           

          
            	
                    Telephone:

                  	 	 	 	 
	
                    Confirmations

                  	
                    (212)
                      667-9522

                  	
                    Direct
                      Fax

                  	
                    (212)
                      667-1047

                  	 

          

           

            
              

            

          

        

         

        
          	
                  Date:

                	
                  Wednesday,
                    The 30th of August 2006

                
	 	 
	
                  To:

                	
                  HSBC
                    Bank USA, National Association, not in its individual capacity,
                    but solely
                    as Trustee on behalf of the Nomura Asset Acceptance Corporation,
                    Alternative Loan Trust, Series 2006-WF1, Mortgage Pass-Through
                    Certificates, Series 2006-WF1

                
	 	 
	
                  From:

                	
                  Nomura
                    Global Financial Products Inc.

                
	 	 
	
                  Attention:

                	
                  Cap
                    Documentation

                

        

        

         

        

        Re
          : Cap Transaction (Class A-1 Certificates)

        Execution
          Copy

        

        

         

        Dear
          Sir
          or Madam:

        

        The
          purpose of this facsimile message/letter agreement is to confirm the terms
          and
          conditions of the Transaction entered into between Nomura Global Financial
          Products Inc. (“NGFP”) and HSBC Bank USA, National Association, not in its
          individual capacity, but solely as Trustee (the “Trustee”) on
          behalf
          of the Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series
          2006-WF1, Mortgage Pass-Through Certificates, Series 2006-WF1 (the “Counterparty”)
          on the Trade Date specified below (the “Cap Transaction”). 

        

        The
          definitions and provisions contained in the 2000 ISDA Definitions, as published
          by the International Swaps and Derivatives Association, Inc., are incorporated
          into this Confirmation. In the event of any inconsistency between those
          definitions and provisions and this Confirmation, this Confirmation will
          govern.
          This Cap Transaction relates to the Class A-1 Certificates issued pursuant
          to
          the Pooling and Servicing Agreement dated as of August 1, 2006, among Nomura
          Asset Acceptance Corporation, as Depositor, Nomura Credit & Capital, Inc.,
          as Sponsor, GMAC Mortgage Corporation, as Servicer, Wells Fargo Bank, National
          Association, as Master Servicer and Securities Administrator, and HSBC
          Bank USA,
          National Association, as Trustee (the “Pooling and Servicing Agreement”). Terms
          capitalized but not defined herein shall have the respective meanings set
          forth
          in the Pooling and Servicing Agreement.

        

        This
          Confirmation constitutes a “Confirmation” as referred to in, and supplements,
          forms part of and is subject to, the ISDA Master Agreement dated as of
          the
          30th
          of August 2006 as
          amended and supplemented from time to time (the “Agreement”), between NGFP and
          Counterparty. All provisions contained in the Agreement govern this Confirmation
          except as expressly modified below.

        

        1.
          The
          terms of the particular Cap Transaction to which this Confirmation relates
          are
          as follows:

        

        
          	
                  Notional
                    Amount:

                	
                  With
                    respect to any Calculation Period, the Calculation Amount set
                    forth in the
                    Schedule I (Amortization Schedule) below

                
	 	 
	
                  Trade
                    Date:

                	
                  The
                    30th of August 2006

                
	 	 
	
                  Effective
                    Date:

                	
                  The
                    30th of August 2006

                
	 	 
	
                  Termination
                    Date:

                	
                  The
                    25th of August 2008, subject to adjustment in accordance with
                    the Modified
                    Following Business Day Convention

                
	 	 
	
                  Business
                    Days:

                	
                  New
                    York, unless indicated otherwise

                
	 	 
	
                  FIXED
                    AMOUNTS:

                	 
	 	 
	
                  Fixed
                    Rate Payer:

                	
                  Counterparty

                
	 	 
	
                  Fixed
                    Rate Payer Payment Date:

                	
                  No
                    later than the 30th of August 2006, subject to adjustment in
                    accordance
                    with the Modified Following Business Day Convention 

                
	 	 
	
                  Fixed
                    Amount:

                	
                  USD
                    9,000.00

                

        

        

        
          	
                  FLOATING
                    AMOUNTS:

                	 
	 	 
	
                  Floating
                    Rate Payer:

                	
                  NGFP

                
	 	 
	
                  Cap
                    Rate:

                	
                  With
                    respect to each Calculation Period, the Cap Rate set forth for
                    such period
                    on Schedule I (Amortization Schedule) below

                
	 	 
	
                  Floating
                    Rate Payer Payment Dates:

                	
                  The
                    25th of each month, commencing on the 25th of September 2006
                    to and
                    including the 25th of August 2008, all subject to adjustment
                    in accordance
                    with the Modified Following Business Day Convention and the Termination
                    Date (provided that for the avoidance of doubt each of the dates
                    referred
                    to in this clause shall be subject to the defined term “Early
                    Payment”).

                
	 	 
	
                  Floating
                    Rate Payer Period End Dates:

                	
                  The
                    25th of each month, commencing on the 25th of September 2006
                    to and
                    including the 25th of August 2008, all subject to adjustment
                    in accordance
                    with the Modified Following Business Day Convention and the Termination
                    Date

                
	 	 
	
                  Early
                    Payment:

                	
                  Two
                    Business Days

                
	 	 
	
                  Floating
                    Rate for initial Calculation Period:

                	
                  5.33
                    per cent per annum, exclusive of Spread

                
	 	 
	
                  Floating
                    Rate Option:

                	
                  USD-LIBOR-BBA;
                    provided, however, that if the Floating Rate Option on the Reset
                    Date of
                    any Calculation Period is greater than 11.40 per cent per annum,
                    then the
                    Floating Rate Option for such Calculation Period shall be deemed
                    to be
                    11.40 percent per annum

                
	 	 
	
                  Floating
                    Amount:

                	
                  To
                    be determined in accordance with the following formula:

                   

                  The
                    greater of (i) (Floating Rate Option - Cap Rate) x Notional Amount
                    x
                    Floating Rate Payer Day Count Fraction, and (ii) zero

                
	 	 
	
                  Designated
                    Maturity:

                	
                  1
                    month, except for the initial Calculation Period, which shall
                    be the
                    Linear Interpolation of 2 weeks and 1 month 

                
	 	 
	
                  Floating
                    Rate Payer Day Count Fraction:

                	
                  Actual/360

                
	 	 
	Reset
                  Dates:	
                  The
                    first day of each Calculation Period

                
	 	 
	Compounding:	
                  Not
                    Applicable

                
	 	 
	
                  Calculation
                    Agent:

                	
                  NGFP
                    

                
	 	 
	
                  2.
                    Additional Provisions:

                	 
	 	 
	
                  Monthly
                    Information:

                	
                  No
                    later than each Reset Date, NGFP shall deliver to Counterparty,
                    a written
                    confirmation containing the results of the calculations performed
                    on each
                    Reset Date and the amount which is to be paid to Counterparty
                    on the next
                    Floating Rate Payer Payment Date at the following address: 

                   

                  HSBC
                    Bank USA, National Association

                  452
                    Fifth Avenue

                  New
                    York, NY 10018

                  Attention:
                    Corporate Trust - Elena Zheng

                  Fax:
                    (212) 525-1300

                   

                  With
                    a copy to:

                  Wells
                    Fargo Bank, National Association

                  9062
                    Old Annapolis Road

                  Columbia,
                    MD 21045

                  Attention:
                    Client Manager, NAAC 2006-WF1

                  Fax:
                    (410) 715-2380

                

        

         

        3.
          Account Details

        

        Payments
          to NGFP (USD): 

         

        Our
          Account Details:

        Agent
          Bank:     Bank
          of
          America, New York

        Swift
          Code:        
BOFAUS3N

        Account
          No:      6550-3-61610

        Beneficiary:            Nomura
          Global Financial Products Inc. (NGFPUS33)

         

        Payments
          to Counterparty (USD): 

        

        Your
          Account Details: 

        Agent
          Bank:          Wells
          Fargo Bank, National Association

        ABA
          #:          
          [TBA]

        For
          Credit To:            SAS
          Clearing

        Account
          No:         
[TBA]

        FCC
          to:           
          NAAC
          06-WF1, Account # [TBA] Net WAC Reserve Fund Account

        Beneficiary:           
          HSBC
          Bank
          USA, National Association

         

        4.
          Offices:

        

        
          	(a)
                    	
                  The
                    Office of Counterparty for the Cap Transaction is New York, New
                    York.

                

        

        
          	(b)
                    	
                  The
                    Office of NGFP for the Cap Transaction is New York, New
                    York.

                

        

        

        5.
          Credit
          Support Documents:            As
          set
          out in the applicable ISDA Master Agreement

        

        6.
          Each
          party hereto represents that entering into this Transaction is authorised
          and
          does not violate any laws of its jurisdiction or organisation or residence
          or
          the terms of any agreement to which it is a party. Each party hereto represents
          that (i) it is not relying on the other party in connection with its decision
          to
          enter into this Transaction, and neither party is acting as an advisor
          to or
          fiduciary of the other party in connection with this Transaction regardless
          of
          whether the other party has provided or provides it with market information
          or
          its views, (ii) it understands the risks of this Transaction and any; legal,
          regulatory, tax accounting and economic consequences resulting therefrom;
          and
          (iii) it has determined based upon its own judgement and upon any advice
          received from its own professional advisors as it has deemed necessary
          to
          consult that entering into this Transaction is appropriate for such party
          in
          light of its financial capabilities and objectives. NGFP represents that
          upon
          due execution and delivery of this Confirmation, it will constitute a legally
          valid and binding obligation, enforceable against it in accordance with
          its
          terms, subject to applicable principles of bankruptcy and creditors’ rights
          generally and to equitable principles of general application.

        

        7.
          Limitation
          of Liability.
          It is
          expressly understood and agreed by the parties hereto that (a) this Agreement
          is
          executed and delivered by HSBC Bank USA, National Association (“HSBC”), not in
          its individual capacity or personally, but solely as the Trustee, in the
          exercise of the powers and authority conferred and vested in it under the
          Pooling and Servicing Agreement (b) the representations, undertakings and
          agreements herein made on the part of the Counterparty are made and intended
          not
          as personal representations, undertakings and agreements by HSBC but are
          made
          and intended for the purpose of binding only the Counterparty, (c) nothing
          herein contained shall be construed as creating any liability on HSBC,
          in its
          individual capacity or personally, to perform any covenant either expressed
          or
          implied contained herein, all such liability, if any, being expressly waived
          by
          the parties who are signatories to this Agreement and by any person claiming
          by,
          through or under such parties and (d) under no circumstances shall HSBC
          be
          personally liable for the payment of any indebtedness or expenses of the
          Counterparty (including, but not limited to the Fixed Rate Payment) or
          be liable
          for the breach or failure of any obligation, representation, warranty or
          covenant made or undertaken by the Counterparty under this
          Agreement.

        

        The
          obligations of NGFP under this Agreement are subject to the Guarantee of
          NSC as
          set forth in Exhibits to the Agreement.

        

        
          
            

          

        

        Please
          confirm that the foregoing correctly sets forth the terms of our agreement
          by
          signing a copy of this Confirmation and returning it to us by email or
          facsimile
          transmission on NDPIConfirmations@us.nomura.com or (212) 667-1047, respectively
          to Nomura Global Financial Products Inc., Attention: Documentation, together
          with your account details.

        

        

        Yours
          faithfully,

        

        Nomura
          Global Financial Products Inc.

        

        By:_______________________  

        

        Name:
          

        Title:
          

        

        

        Confirmed
          and accepted as of the date first written:

        

        HSBC
          Bank
          USA, National Association, not in its individual capacity, but solely as
          Trustee
          on behalf of the Nomura Asset Acceptance Corporation, Alternative Loan
          Trust,
          Series 2006-WF1, Mortgage Pass-Through Certificates, Series
          2006-WF1

         

                     
          ____________________

        By:
                

        Name:      

        Title:

         

        Schedule
          I (Amortization Schedule)

        

        Between
          Nomura Global Financial Products Inc. (“NGFP”) and HSBC Bank USA, National
          Association, not in its individual capacity, but solely as Trustee on behalf
          of
          the Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series
          2006-WF1, Mortgage Pass-Through Certificates, Series 2006-WF1 (“Counterparty”),
          pursuant to the Pooling and Servicing Agreement, dated as of August 1,
          2006,
          among the Trustee, GMAC Mortgage Corporation, Wells Fargo Bank, National
          Association, Nomura Credit & Capital, Inc., and Nomura Asset Acceptance
          Corporation.

        

        
          	
                  Calculation
                    Period

                	
                  Cap
                    Rate %

                	
                  USD Calculation
                    Amount

                
	
                  Commencing
                    on the Effective Date

                	
                  8.092

                	
                  133,955,000.00

                
	
                  Commencing
                    on the 25th of September 2006

                	
                  7.000

                	
                  129,998,000.00

                
	
                  Commencing
                    on the 25th of October 2006

                	
                  6.771

                	
                  125,794,000.00

                
	
                  Commencing
                    on the 25th of November 2006

                	
                  7.000

                	
                  121,086,000.00

                
	
                  Commencing
                    on the 25th of December 2006

                	
                  6.771

                	
                  115,886,000.00

                
	
                  Commencing
                    on the 25th of January 2007

                	
                  6.771

                	
                  110,207,000.00

                
	
                  Commencing
                    on the 25th of February 2007

                	
                  7.507

                	
                  104,064,000.00

                
	
                  Commencing
                    on the 25th of March 2007

                	
                  6.771

                	
                  97,474,000.00

                
	
                  Commencing
                    on the 25th of April 2007

                	
                  7.000

                	
                  90,460,000.00

                
	
                  Commencing
                    on the 25th of May 2007

                	
                  6.771

                	
                  83,594,000.00

                
	
                  Commencing
                    on the 25th of June 2007

                	
                  7.000

                	
                  76,874,000.00

                
	
                  Commencing
                    on the 25th of July 2007

                	
                  6.771

                	
                  70,295,000.00

                
	
                  Commencing
                    on the 25th of August 2007

                	
                  6.771

                	
                  63,856,000.00

                
	
                  Commencing
                    on the 25th of September 2007

                	
                  7.000

                	
                  57,552,000.00

                
	
                  Commencing
                    on the 25th of October 2007

                	
                  6.771

                	
                  51,381,000.00

                
	
                  Commencing
                    on the 25th of November 2007

                	
                  7.001

                	
                  45,340,000.00

                
	
                  Commencing
                    on the 25th of December 2007

                	
                  6.772

                	
                  39,426,000.00

                
	
                  Commencing
                    on the 25th of January 2008

                	
                  6.772

                	
                  33,636,000.00

                
	
                  Commencing
                    on the 25th of February 2008

                	
                  7.246

                	
                  28,111,000.00

                
	
                  Commencing
                    on the 25th of March 2008

                	
                  6.772

                	
                  22,785,000.00

                
	
                  Commencing
                    on the 25th of April 2008

                	
                  7.001

                	
                  17,576,000.00

                
	
                  Commencing
                    on the 25th of May 2008

                	
                  6.772

                	
                  12,481,000.00

                
	
                  Commencing
                    on the 25th of June 2008

                	
                  7.001

                	
                  7,500,000.00

                
	
                  Commencing
                    on the 25th of July 2008

                	
                  6.772

                	
                  2,628,000.00

                

        

        

        For
          the
          avoidance of doubt, the dates in the above Amortization Schedule are subject
          to
          adjustment in accordance with the Modified Following Business Day
          Convention.

         

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        

           

          ISDAâ

          International
            Swaps and Derivatives Association, Inc.

          

          

          

          SCHEDULE

          to
            the

          Master
            Agreement

          

          dated
            as
            of August 30, 2006, 

          

          between
            Nomura
            Global Financial Products Inc. ("NGFP")
            and HSBC
            Bank USA, National Association, not individually, but solely as Trustee
            on
            behalf of the Nomura
            Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-WF1,
            Mortgage
            Pass-Through Certificates, Series 2006-WF1 ("Counterparty")

          

          Part
            1. Termination Provisions

          

          (a) "Specified
            Entity"
            means in
            relation to NGFP for the purpose of:

          

          Section
            5(a)(v),     None,

          Section
            5(a)(vi),    None,

          Section
            5(a)(vii),   None,

          Section
            5(b)(iv),    None,

          

          and
            in
            relation to Counterparty for the purpose of:

          

          Section
            5(a)(v),    None,

          Section
            5(a)(vi),   None,

          Section
            5(a)(vii),          None,

          Section
            5(b)(iv),          
None.

          

          (b)  "Specified
            Transaction"
            with
            respect to NGFP and Counterparty, “Specified Transaction” will not be
            applicable.

           

          (c)  The
            “Breach
            of Agreement”
            provisions of Section 5(a)(ii) of the Agreement will be inapplicable
            to NGFP and
            Counterparty.

          

          (d)  
            The
“Credit
            Support Default”
            provisions of Section 5(a)(iii) of the Agreement will be inapplicable
            to NGFP
            and Counterparty.

          

          (e)  
            The
“Misrepresentation”
            provisions
            of Section 5(a)(iv) of the Agreement will be inapplicable to NGFP and
            Counterparty.

          

          (f)  
            The
“Default
            Under Specified Transaction”
            provisions of Section 5(a)(v) of the Agreement will be inapplicable to
            NGFP and
            Counterparty.

          

          (g)  
            The
“Bankruptcy”
            provision of Section 5(a)(vii)(2) of the Agreement will be inapplicable
            to
            Counterparty.

          

          (h) The
            "Cross
            Default"
            provisions of Section 5(a)(vi) of this Agreement will not apply to NGFP
            and will
            not apply to Counterparty.

          

          (i) The
            "Credit
            Event Upon Merger"
            provisions of Section 5(b)(iv) of this Agreement will not apply to NGFP
            and will
            not apply to Counterparty.

          

          (j)
            The
"Automatic
            Early Termination"
            provisions of Section 6(a) of this Agreement will not apply to NGFP and
            will not
            apply to Counterparty.

          

          (k)
            Payments
            on Early Termination.
            For the
            purpose of Section 6(e) of this Agreement:

          

          (i)  Market
            Quotation will apply.

          (ii)  The
            Second Method will apply.

          

          (l) "Termination
            Currency"
            means
            U.S. Dollars.

          

          (m) Additional
            Termination Event will
            not
            apply, except as provided herein. 

          

          

          Part
            2. Tax Representations

          

          (a) Payer
            Tax Representation.
            For the
            purpose of Section 3(e) of this Agreement, NGFP and Counterparty will
            make the
            following representation:

          

          It
            is not
            required by any applicable law, as modified by the practice of any relevant
            governmental revenue authority, of any Relevant Jurisdiction to make
            any
            deduction or withholding for or on account of any Tax from any payment
            (other
            than interest under Section 2(e), 6(d)(ii) or 6(e) of this Agreement)
            to be made
            by the other party under this Agreement. In making this representation,
            the
            party may rely on (i) the accuracy of any representation made by the
            other party
            pursuant to Section 3(f) of this Agreement, (ii) the satisfaction of
            the
            agreement of the other party contained in Section 4(a)(i) or 4(a)(iii)
            of this
            Agreement, and the accuracy and effectiveness of any document provided
            by the
            other party pursuant to Section 4(a)(i) or 4(a)(iii) of this Agreement
            and (iii)
            the satisfaction of the agreement of the other party contained in Section
            4(d)
            of this Agreement; provided
            that it
            shall not be a breach of this representation where reliance is placed
            on clause
            (ii) and the other party does not deliver a form or document under Section
            4(a)(iii) by reason of material prejudice to its legal or commercial
            position.

          

          (b) Payee
            Tax Representations.
            For the
            purpose of Section 3(f) of this Agreement, NGFP and Counterparty make
            the
            representations specified below, if any: 

          

          (i)
            NGFP
            represents that it is a corporation organized under the laws of the state
            of
            Delaware, and  

          (ii)
            Counterparty represents that the
            beneficial owner of the payments made to it under this Agreement is either
            (i) a
            "U.S. person" (as that term is used in section 1.1441-4(a)(3)(ii) of
            United
            States Treasury Regulations) for United States federal income tax purposes
            and
            an "Exempt recipient" within the meaning of section 1.6049-4(c)(1)(ii)
            of United
            States Treasury Regulations, or (ii) a "non-U.S. branch of a foreign
            person" as
            that term is used in section 1.1441-4(a)(3)(ii) of the United States
            Treasury
            Regulations (the "Regulations") for United States federal income tax
            purposes,
            and it is a "foreign person" as that term is used in section 1.6041-4(a)(4)
            of
            the Regulations for United States federal income tax purposes.

          .

          

          Part
            3. Agreement to Deliver Documents

          

          For
            the
            purpose of Section 4(a)(i) and (ii) of this Agreement, each party agrees
            to
            deliver the following documents, as applicable:

          

          
            	
                     

                    Party
                      required

                    to
                      deliver

                    document

                  	
                     

                     

                     

                    Form/Document/Certificate

                  	
                     

                     

                    Date
                      by which

                    to
                      be delivered

                  	
                     

                    Covered
                      by Section 3(d) Representation

                  

          

          

          (a)
            Tax
            forms

          

          
            	
                     

                    Counterparty

                  	
                     

                    IRS
                      Form W-9 (or any successors thereto); each completed in a manner
                      reasonably satisfactory to NGFP.

                  	
                     

                    (i)
                      Before the first scheduled payment; (ii) promptly upon reasonable
                      demand
                      by NGFP; and (iii) promptly upon learning that any Form W-9
                      (or any
                      successor thereto) previously provided by Counterparty has
                      become obsolete
                      or incorrect.

                  	
                     

                    N/A

                  
	
                     

                    NGFP

                  	
                     

                    IRS
                      Form W-9 (or any successors thereto); each completed in a manner
                      reasonably satisfactory to Counterparty.

                  	
                     

                    (i)
                      Before the first scheduled payment; (ii) promptly upon reasonable
                      demand
                      by Counterparty; and (iii) promptly upon learning that any
                      Form previously
                      provided by NGFP has become obsolete or incorrect.

                  	
                     

                    N/A

                  

          

          

          (b) Other
            documents

          

          
            	
                     

                    NGFP

                  	
                     

                    A
                      copy of the financial statements of NSC containing the consolidated
                      financial statements certified by independent certified public
                      accountants
                      and prepared in accordance with accounting principles that
                      are generally
                      accepted in Japan.

                  	
                     

                    As
                      soon as practicable after execution of this Agreement and thereafter
                      on
                      request.

                  	
                     

                    No

                  
	
                     

                    NGFP

                  	
                     

                    Evidence
                      of (i) the authority of NGFP and its Credit Support Provider,
                      as
                      applicable, to enter into this Agreement and supplemental Confirmations
                      and the Credit Support Document specified in Part 4, Section
                      (f) of this
                      Schedule, as the case may be, and
                      (ii) the authority and signature specimens of persons authorised
                      to sign
                      on behalf of NGFP and its Credit Support Provider, as applicable,
                      reasonably satisfactory to the other party.

                  	
                     

                    As
                      soon as practicable after execution of this Agreement

                    or
                      execution of a Confirmation of a Transaction, as applicable
                      

                  	
                     

                    Yes
                      

                  
	
                     

                    Counterparty
                      

                  	
                     

                    Evidence
                      of (i) the authority of Counterparty to enter into this Agreement
                      and
                      supplemental Confirmations and (ii) the authority and signature
                      specimens
                      of persons authorised to sign on behalf of Counterparty reasonably
                      satisfactory to the other party.

                  	
                     

                    Upon
                      execution of this Agreement. 

                  	
                     

                    Yes

                  
	
                     

                    NGFP
                      

                  	
                     

                    A
                      duly executed copy of the Credit Support Document specified
                      in Part 4,
                      Section (f) of this Schedule to be delivered by NGFP.

                  	
                     

                    As
                      soon as practicable after execution of this Agreement.

                  	
                     

                    No

                  

          

          

          Part
            4. Miscellaneous

          

          (a)
            Addresses
            for Notices.
            For the
            purpose of Section 12(a) of this Agreement:

          

          Address
            for notices or communications to NGFP:

          

          Address:
             2
            World
            Financial Center, Bldg B, 21st Floor

          New
            York,
            New York 10281-1198

          Attention:
             General
            Counsel

          Telex
            No:
            222371      Answerback:  
            NOMRA
            UR

          Phone
            No:
            (212) 667-2357 Facsimile
            No:   (212)
            667-1047

          

          Address
            for notices or communications to Counterparty: 

          

          Address:
            HSBC Bank USA, National Association

           452
            Fifth Avenue

           New
            York, NY 10018

          Attention:
            NAAC 2006 WF1, Corporate Trust - Elena Zheng  

          Phone
            No:
            (212) 525-1501

          Facsimile
            No: (212) 525-1300

          

          With
            a
            copy to:

          

          Wells
            Fargo Bank, N.A.

          9062
            Old
            Annapolis Road

          Columbia,
            MD 21045

          Attention:
            Client Manager, NAAC 2006-WF1

          Fax:
            (410) 715-2380

          Phone
            No:
            (410) 884-2000

          

          

          (b) Process
            Agent.
            For the
            purpose of Section 13(c) of this Agreement,

          

          NGFP
            appoints as its Process Agent: None. 

          

          Counterparty
            appoints as its Process Agent: None.

          

          (c) Offices.
            The
            provisions of Section 10(a) will not apply to this Agreement.

          

          (d) Multibranch
            Party.
            For the
            purpose of Section 10(c) of this Agreement:

          

          NGFP
            is
            not a Multibranch Party; and

          

          Counterparty
            is not a Multibranch Party. 

          

          (e) Calculation
            Agent.
            The
            Calculation Agent shall be NGFP.

          

          (f)
              
            Credit Support Document.
            Details
            of any Credit Support Document:

          

          (i)
            in
            the case of NGFP, a Guarantee executed by Nomura Securities Co., Ltd.
            (“NSC”)
            substantially in the form attached hereto as Exhibit A (the “Guarantee”),
            and,

          

          (ii)
            in
            the case of Counterparty, None.

          

          (g) Credit
            Support Provider.
            "Credit
            Support Provider"
            shall
            mean, in respect of NGFP, NSC and, in respect of Counterparty,
            None.

          

          (h) Governing
            Law.
            This
            Agreement will be governed by and construed in accordance with the laws
            of the
            State of New York without reference to choice of law doctrine, other
            than New
            York General Obligations Law Sections 5-1401 and 5-1402. 

          

          (i) Netting
            of Payments.
            Subparagraph (ii) of Section 2(c) of this Agreement will apply, unless
            otherwise
            stated in any Confirmation for a Transaction.

          

          (j) "Affiliate",
            with
            respect to NGFP, shall have the meaning specified in Section 14 of this
            Agreement, and with respect to Counterparty shall mean: None.

          

          Part
            5. Other Provisions

          

          1. Set-Off

          

          Notwithstanding
            any provision of this Agreement or any other existing or future agreement,
            each
            party irrevocably waives any and all rights it may have to set off, net,
            recoup
            or otherwise withhold or suspend or condition payment or performance
            of any
            obligation between it and the other party hereunder against any obligation
            between it and the other party under any other agreements. The provisions
            for
            Set-off set forth in Section 6(e) of the Agreement shall not apply for
            purposes
            of this Transaction.

          

          2. Consent
            to Recording

          

          Each
            party (a) consents to the recording of the telephone conversations of
            trading
            and marketing personnel of the parties in connection with this Agreement
            or any
            potential Transaction between the parties and (b) agrees to obtain any
            necessary
            consent of, and give notice of such recording to, its personnel.

          

          3. Additional
            Representations and Agreements 

          

          Each
            party represents to the other party (which representations shall be deemed
            repeated by each party on each date on which a Transaction is entered
            into and
            shall be representations for all purposes of this Agreement including,
            without
            limitation, Sections 3, 4, and 5(a)(iv) hereof):

          

          (i)
             No
            Agency.
            It is
            entering into this Agreement and each Transaction as principal and not
            as agent
            of any person nor in any other capacity, fiduciary or otherwise;

          

          (ii) (a) Non-Reliance.
            In
            the
            case of NGFP, it is acting for its own account and in the case of the
            Counterparty, it is acting as Trustee on behalf of the Trust. In the
            case of
            NGFP, it has made its own independent decisions to enter into that Transaction
            and as to whether that Transaction is appropriate or proper for it based
            upon
            its own judgment and upon advice from such advisers as it has deemed
            necessary
            and in the case of the Counterparty, it has entered into this Transaction
            pursuant to the terms of the Pooling and Servicing Agreement and
            at
            the direction of the Issuer. Its not relying on any communication (written
            or
            oral) of the other party as investment advice or as a recommendation
            to enter
            into that Transaction; it being understood that information and explanations
            related to the terms and conditions of a Transaction shall not be considered
            investment advice or a recommendation to enter into that Transaction.
            No
            communication (written or oral) received from the other party shall be
            deemed to
            be an assurance or guarantee as to the expected results of that
            Transaction,

          

          (b)  Assessment
            and Understanding. It
            is
            capable of assessing the merits of and understanding (on its own behalf
            or
            through independent professional advice), and understands and accepts,
            the
            terms, conditions and risks of that Transaction. It is also capable of
            assuming,
            and assumes, the risks of that Transaction, and

          

          (c) Status
            of Parties. The
            other
            party is not acting as a fiduciary for or an adviser to it in respect
            of that
            Transaction;

          

          (iii) Eligible
            Contract Participant.
            It is an
            "eligible contract participant" as defined in Section 1a(12) of the Commodity
            Exchange Act, as amended;

          

          (iv)
            FDICIA.
            In the
            case of NGFP, it intends that this Agreement be treated as, and warrants
            that
            the Agreement is, a "netting contract" for purposes of the Federal Deposit
            Insurance Corporation Improvement Act of 1991, as amended (the
            "Act").

          

          4. Waiver
            of Jury Trial 

          

          Each
            party hereby irrevocably waives its right to jury trial with respect
            to any
            obligation arising under, or in connection with, this Agreement.

          

          5.
            Severability

           

          Any
            provision of this Agreement which is prohibited or unenforceable in any
            jurisdiction in respect of any Transaction shall, as to such Transaction,
            be
            ineffective to the extent of such prohibition or unenforceability but
            without
            invalidating the remaining provisions of this Agreement or affecting
            the
            validity or enforceability of such provision in any other jurisdiction
            or in
            respect of any other Transaction, unless such severance shall substantially
            impair the benefits of the remaining portions of this Agreement to, or
            changes
            the reciprocal obligations of, either of the parties. The parties hereto
            shall
            endeavor in good faith negotiations to replace the prohibited or unenforceable
            provision with a valid provision the economic effect of which comes as
            close as
            possible to that of the prohibited or unenforceable provision.

          

          6.
            Fully-paid
            Party Protected 

          

          Notwithstanding
            the terms of Sections 5 and 6 of the Agreement, if Counterparty has satisfied
            its payment obligations under Section 2(a)(i) of the Agreement, then
            unless NGFP
            is required pursuant to appropriate proceedings to return to Counterparty
            or
            otherwise returns to Counterparty upon demand of Counterparty any portion
            of
            such payment, (a) the occurrence of an event described in Section 5(a)
            of the
            Agreement with respect to Counterparty shall not constitute an Event
            of Default
            or Potential Event of Default with respect to Counterparty as the Defaulting
            Party and (b) NGFP shall be entitled to designate an Early Termination
            Event
            pursuant to Section 6 of the Agreement only as a result of a Termination
            Event
            set forth in either Section 5(b)(i) or Section 5(b)(ii) of the Agreement
            with
            respect to NGFP as the Affected Party or Section 5(b)(iii) of the Agreement
            with
            respect to NGFP as the Burdened Party. For purposes of each Transaction
            to which
            this Agreement relates, Counterparty’s only obligation under Section 2(a)(i) of
            the Agreement is to pay the Fixed Amount on the Fixed Rate Payer Payment
            Date.

          

          7. Proceedings

          

          NGFP
            shall not institute against or cause any other person to institute against,
            or
            join any other person in instituting against, the Counterparty, any bankruptcy,
            reorganization, arrangement, insolvency or liquidation proceedings, or
            other
            proceedings under any federal or state bankruptcy, dissolution or similar
            law,
            for a period of one year and one day (or, if longer, any applicable preference
            period) following indefeasible payment in full of the Certificates (as
            defined
            in that Pooling and Servicing Agreement, dated as of August 1, 2006,
            among
            Nomura Asset Acceptance Corporation, a Delaware corporation, as depositor,
            Nomura Credit & Capital, Inc., a Delaware corporation, as Sponsor, Wells
            Fargo Bank, National Association, a national banking association, as
            Master
            Servicer and Securities Administrator, and HSBC Bank USA, National Association,
            a national banking association, not in its individual capacity, but solely
            as
            trustee (the “Trustee”) (the “Pooling and Servicing Agreement”)).

          

           

          9.  Limitation
            of Liability 

           

          It
            is
            expressly understood and agreed by the parties hereto that (a) this Agreement
            is
            executed and delivered by HSBC Bank USA, National Association (“HSBC”), not
            individually or personally but solely as the Trustee, in the exercise
            of the
            powers and authority conferred and vested in it under the Pooling and
            Servicing
            Agreement (b) the representations, undertakings and agreements herein
            made on
            the part of the Trust created pursuant to the Pooling and Servicing Agreement
            are made and intended not as personal representations, undertakings and
            agreements by HSBC but are made and intended for the purpose of binding
            only the
            Trust, (c) nothing herein contained shall be construed as creating any
            liability
            on HSBC, individually or personally, to perform any covenant either expressed
            or
            implied contained herein, all such liability, if any, being expressly
            waived by
            the parties who are signatories to this Agreement and by any person claiming
            by,
            through or under such parties and (d) under no circumstances shall HSBC
            be
            personally liable for the payment of any indebtedness or expenses of
            the Trust
            (including, but not limited to the Fixed Rate Payment) or be liable for
            the
            breach or failure of any obligation, representation, warranty or covenant
            made
            or undertaken by the Trust under this Agreement.

          

          10. Additional
            Termination Events

          

          (i)
            If,
            upon the occurrence of a Swap Disclosure Event (as defined in Part 11 below)
            NGFP has not, within 10 days after such Swap Disclosure Event complied
            with any
            of the provisions set forth in Part 11(iii) below, then an Additional
            Termination Event shall have occurred with respect to NGFP and NGFP shall
            be the
            sole Affected Party with respect to such Additional Termination
            Event.

          

          (ii)
            An
            Additional Termination Event shall occur upon unrescindable notice by
            the Master
            Servicer that it will purchase all Mortgage Loans in accordance with
            Section
            10.01 of the Pooling and Servicing Agreement. With respect to such Additional
            Termination Event, Counterparty shall be the sole Affected Party and
            this
            Transaction shall be the sole Affected Transaction; provided, however,
            that
            notwithstanding Section 6(b)(iv) of the ISDA Form Master Agreement, only
            Counterparty may designate an Early Termination Date in respect of this
            Additional Termination Event.

          

          11. Compliance
            with Regulation AB

          

          (i) NGFP
            agrees and acknowledges that Nomura Asset Acceptance Corporation (“NAAC”) is
            required under Regulation AB under the Securities Act of 1933, as amended,
            and
            the Securities Exchange Act of 1934, as amended (the “Exchange Act”)
            (“Regulation AB”), to disclose certain financial information regarding NGFP or
            its group of affiliated entities, if applicable, depending on the aggregate
            “significance percentage” of this Agreement and any other derivative contracts
            between NGFP or its group of affiliated entities, if applicable, and
            Counterparty, as calculated from time to time in accordance with Item
            1115 of
            Regulation AB. 

          

          (ii) It
            shall
            be a swap disclosure event (“Swap Disclosure Event”) if, on any Business Day
            after the date hereof, NAAC requests from NGFP the applicable financial
            information described in Item 1115 of Regulation AB (such request to
            be based on
            a reasonable determination by NAAC, in good faith, that such information
            is
            required under Regulation AB) (the “Swap Financial Disclosure”).

          

          (iii)
            Upon the occurrence of a Swap Disclosure Event, NGFP, at its own expense,
            shall
            (a) (1)(a) either (i) provide to the Depositor the current Swap Financial
            Disclosure in Microsoft Word® or Microsoft Excel® format or (ii) provide written
            consent to the Depositor to incorporation by reference of such current
            Swap
            Financial Disclosure that are filed with the Securities and Exchange
            Commission
            in the reports of the Trust filed pursuant to the Exchange Act, (b) if
            applicable, cause its outside accounting firm to provide its consent
            to filing
            or incorporation by reference of such accounting firm’s report relating to their
            audits of such current Swap Financial Disclosure in the Exchange Act
            Reports of
            the Depositor, and (c) provide to the Depositor any updated Swap Financial
            Disclosure with respect to NGFP or any entity that consolidates NGFP
            within five
            days of the release of any such updated Swap Financial Disclosure;, (b)
            secure
            another entity to replace NGFP as party to this Agreement on terms substantially
            similar to this Agreement and subject to prior notification to the Swap
            Rating
            Agencies, which entity (or a guarantor therefor) meets or exceeds the
            Approved
            Rating Thresholds (and which satisfies the [Rating Agency Condition])
            and which
            entity is able to comply with the requirements of Item 1115 of Regulation
            AB, or
            (c) obtain a guaranty of NGFP’s obligations under this Agreement from an
            affiliate of NGFP that is able to comply with the financial information
            disclosure requirements of Item 1115 of Regulation AB, such that disclosure
            provided in respect of the affiliate will satisfy any disclosure requirements
            applicable to the Swap Provider, and cause such affiliate to provide
            Swap
            Financial Disclosure. If permitted by Regulation AB, any required Swap
            Financial
            Disclosure may be provided by incorporation by reference from reports
            filed
            pursuant to the Exchange Act. For purposes of this provision, “Rating Agency
            Condition” means, with respect to any particular proposed act or omission to act
            hereunder that the party acting or failing to act must consult with each
            of the
            rating agencies then providing a rating of the Certificates and receive
            from
            each such rating agency a prior written confirmation that the proposed
            action or
            inaction would not cause a downgrade or withdrawal of the then-current
            rating of
            any Certificates. 

          

          (iv) NGFP
            agrees that, in the event that NGFP provides Swap Financial Disclosure
            to NAAC
            in accordance with Part 11(iii)(a) or causes its affiliate to provide
            Swap
            Financial Disclosure to NAAC in accordance with Part 11(iii)(c), it will
            indemnify and hold harmless NAAC, its respective directors or officers
            and any
            person controlling NAAC, from and against any and all losses, claims,
            damages
            and liabilities caused by any untrue statement or alleged untrue statement
            of a
            material fact contained in such Swap Financial Disclosure or caused by
            any
            omission or alleged omission to state in such Swap Financial Disclosure
            a
            material fact required to be stated therein or necessary to make the
            statements
            therein, in light of the circumstances under which they were made, not
            misleading.

          

          (v) NAAC
            shall be an express third party beneficiary of this Agreement as if a
            party
            hereto to the extent of NAAC’s rights explicitly specified herein.

          
 

          
            	
                    IN
                      WITNESS WHEREOF the parties have executed this document on
                      the
                      respective dates specified below with effect from
                      the date specified on the first page of this
                      document.

                  

          

          

          
            	
                    NOMURA
                      GLOBAL FINANCIAL PRODUCTS INC.

                     

                     

                     

                     

                     

                     

                     

                     

                    By:___________________________________

                    Name:

                    Title:

                  	
                    HSBC
                      BANK USA, NATIONAL ASSOCIATION, NOT INDIVIDUALLY, BUT SOLELY
                      AS TRUSTEE ON
                      BEHALF OF THE NOMURA ASSET ACCEPTANCE CORPORATION, ALTERNATIVE
                      LOAN TRUST,
                      SERIES 2006-WF1, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES
                      2006-WF1
                      

                     

                     

                     

                     

                     

                     

                    By:
                      _________________________________

                    Name:

                    Title:

                  
	
                     

                     

                     

                    By:
                      _____________________________________

                    Name:

                    Title:

                  	 

          

          

          
            	
                    NON-NEGOTIABLE

                  

          

          [Letterhead
            of]

          NOMURA
            SECURITIES CO., LTD.

          GUARANTEE

          

          WHEREAS
            Nomura Global Financial Products Inc. (“NGFP) a Delaware corporation is a party
            to an ISDA Master Agreement dated as of [_______________________], as
            modified,
            supplemented and amended in writing from time to time, including by all
            Confirmations evidencing Transactions entered into thereunder (collectively,
            the
            "Agreement"), with [__________________________] (the "Counterparty");
            and

          

          WHEREAS,
            Nomura Securities Co., Ltd. (“Nomura”) guarantees NGFP in the terms set out in
            this document,

          

          WHEREAS,
            NGFP and the Counterparty have entered or plan to enter into one or more
            Transactions under the Agreement, each evidenced by a Confirmation;
            and

          

          WHEREAS,
            NGFP may incur monetary, delivery and other obligations to the Counterparty
            under the Agreement;

          

          NOW,
            THEREFORE, in order to induce the Counterparty to enter into, and in
            consideration of the Counterparty having entered into, the
            Agreement, Nomura
            undertakes as follows:

          

          1. GUARANTEE

          

          (A) Guarantee:
            Nomura
            hereby unconditionally and irrevocably guarantees
            the due and punctual payment or delivery of all monetary and delivery
            obligations of NGFP owing to the Counterparty under the Agreement (collectively,
            the "Obligations") promptly upon written demand made by the Counterparty
            to
            Nomura. 

          

          (B) Indemnity:
            Nomura
            agrees as a primary obligation to indemnify the Counterparty from time
            to time
            on demand from and against any loss incurred by the Counterparty as a
            result of
            the Obligations being or becoming void, voidable or unenforceable for
            any reason
            whatsoever, whether or not known to the Counterparty, and the amount
            of such
            loss shall be the amount which the Counterparty would have otherwise
            been
            entitled to recover from NGFP. Nomura further agrees that any sums of
            money that
            are due under this Guarantee and which may not be recoverable from Nomura
            as a
            result of legal limitation on or disability or incapacity of Nomura or
            any other
            fact or circumstance, whether or not known to Nomura, shall be recoverable
            from
            Nomura on an indemnity basis, and Nomura shall for purposes of this Guarantee
            be
            deemed to be a principal debtor.

          

          (C) Guarantor's
            Obligations:
            Nomura
            waives diligence, presentment, demand of payment from and protest to
            NGFP with
            respect to the Obligations and also waives notice of dishonor. The obligations
            of Nomura under this Guarantee shall not be discharged or impaired or
            otherwise
            affected by (i) the failure or delay of the Counterparty to assert any
            claim or
            demand or to enforce any right or remedy against NGFP, or any other indulgence
            or concession granted by the Counterparty to NGFP or (ii) any other act,
            event
            or omission that, but for this provision, would or might operate to discharge,
            impair or otherwise affect any of the obligations of Nomura herein contained
            or
            any of the rights, powers or remedies conferred upon the Counterparty
            by
            law.

          

          (D) Guarantor
            as Principal Debtor:
            Nomura
            further agrees that this Guarantee constitutes a guarantee of payment
            when due
            and not of collection. Nomura waives any right to require that any resort
            be had
            by the Counterparty to any security held by or on behalf of the Counterparty
            for
            payment of the Obligations, or the Counterparty make demand, proceed
            or take any
            other steps against NGFP or any other person before claiming under the
            Guarantee, or, in the event that NGFP becomes subject to any bankruptcy,
            winding-up, administration, reorganization or similar proceeding, that
            the
            Counterparty file any claim relating to the Obligations.

          

          (E) Waiver
            of Defenses:
            The
            obligations of Nomura under this Guarantee shall not be subject to any
            defense
            of set-off, counterclaim, recoupment or termination whatsoever by reason
            of the
            invalidity, illegality or unenforceability of any Obligations, or any
            other
            defense that constitutes a legal or equitable discharge or defense of
            a
            guarantor or surety in its capacity as such; provided
            that
            nothing herein shall limit the ability of Nomura to assert any right
            of set-off,
            deduction or counterclaim that NGFP or any Affiliate of NGFP is expressly
            entitled to assert under the Agreement.

          

          (F) Guarantor's
            Obligations Continuing:
            The
            Guarantee is to be a continuing guarantee and accordingly shall remain
            in
            operation until such time as Counterparty receives from Nomura written
            notice of
            termination of this Guarantee and until all Obligations owing in respect
            of all
            Transactions entered into prior to such termination have been paid or
            satisfied.
            Nomura further agrees that this Guarantee shall continue to be effective
            or be
            reinstated, as the case may be, if at any time payment, or any part thereof,
            of
            any Obligations or interest thereon is avoided, reduced, rescinded or
            must
            otherwise be restored or returned by the Counterparty upon the bankruptcy,
            insolvency, dissolution or reorganization of NGFP, and the Counterparty
            shall be
            entitled to recover the amount of any such payment from Nomura subsequently
            as
            if such settlement or discharge had not occurred.

          

          (G) Guarantor's
            Right of Subrogation:
            Nomura
            shall be subrogated to all rights of the Counterparty against NGFP in
            respect of
            any amounts paid by or deliveries made by Nomura under this Guarantee;
            provided
            that Nomura shall not be entitled to receive any payments or deliveries
            arising
            out of, or based upon, such right of subrogation or any right of indemnity
            or
            other right until the payment of all moneys payable or delivery of all
            deliverables under this Guarantee have been made. If upon the bankruptcy,
            winding-up, administration, reorganization or similar proceeding of NGFP,
            any
            payment or distribution of assets of NGFP of any kind or character, whether
            in
            cash, property or securities, shall be received by Nomura before payment
            in full
            of all moneys payable or delivery of all deliverables under this Guarantee
            shall
            have been made to the Counterparty, Nomura will promptly following receipt
            thereof pay or deliver such payment or distribution to the Counterparty
            for
            application to any Obligations owing to the Counterparty, whether matured
            or
            un-matured.

          

          2. NOTICES
            AND COMMUNICATION

          

          Each
            notice or communication under this Guarantee shall be made and be effective
            as
            provided in Section 12 of the Agreement as though references in that
            Section to
            the Agreement were to this Guarantee and references to the Counterparty
            or NGFP
            were to the Counterparty or Nomura, respectively, provided that the address
            and
            telex number for Nomura shall be:

          

          General
            Manager

          Controller’s
            Department,

          Nomura
            Securities Co., Ltd. 

          9-1,
            Nihonbashi 1-chome, Chuo-ku, Tokyo, 103-8011 Japan

          

          Telex:
            J22392   Answerback:
            NOMURASH

          

          3. SUCCESSORS
            AND ASSIGNS

          

          (A)
            This
            Guarantee shall be binding on Nomura and its successors and permitted
            assigns
            and shall benefit the Counterparty and the Counterparty’s successors and
            permitted assigns. Any reference to Nomura and Counterparty shall be
            construed
            accordingly.

          

          (B)
            Nomura may not transfer all or part of its obligations under this Guarantee
            without the prior written consent of the Counterparty.

          

          4. GROSS
            UP

          

          All
            sums
            payable by Nomura hereunder shall be made in freely transferable, cleared
            and
            immediately available funds without any set-off, deduction or withholding
            unless
            such set-off, deduction or withholding is required by an applicable law,
            judicial or administrative decision, or practice of any relevant governmental
            authority, or by any combination thereof. If Nomura is so required to
            set-off,
            deduct or withhold then Nomura shall pay to the Counterparty, in addition
            to the
            payment to which the Counterparty is otherwise entitled hereunder, such
            additional amount as is necessary to ensure that the net amount actually
            received by the Counterparty (free and clear of any such set-off, deduction
            or
            withholding) will equal the full amount which the Counterparty would
            have
            received had no such set-off, deduction or withholding been required;
            provided,
            however, that Nomura will not be required to pay any additional amounts
            (i) in
            connection with any deduction or withholding in respect of which had
            NGFP made
            the payment in respect of which such deduction or withholding is or would
            have
            been required to have been made, NGFP would not have been required pursuant
            to
            Section 2(d)(i)(4) of the Agreement to pay additional amounts to the
            Counterparty, or (ii) to the extent that such additional amount would
            not be
            required to be paid but for the failure by the Counterparty to furnish
            any form,
            document or certificate that may be required or reasonably requested
            by Nomura
            in order to allow Nomura to make a payment under this Guarantee, or to
            allow
            Nomura to make a payment under or in respect of the Agreement or any
            Transaction
            on behalf of NGFP, without any deduction or withholding for or on account
            of any
            Tax or with such deduction or withholding at a reduced rate (so long
            as the
            completion, execution or submission of such form, document or certificate
            would
            not materially prejudice the legal or commercial position of the
            Counterparty).

          

          5. REPRESENTATIONS

          

          Nomura
            represents to the Counterparty that (i) Nomura has the corporate power
            to
            execute, deliver and perform this Guarantee, (ii) Nomura has taken all
            necessary
            action to authorize the execution, delivery and performance of this Guarantee,
            (iii) the execution, delivery and performance of this Guarantee by Nomura
            will
            not violate any provision of law applicable to Nomura, its articles of
            incorporation or any agreement to which Nomura is a party, (iv) no
            authorizations of, exemptions by and filings with any governmental or
            other
            authority are required to be obtained or made by Nomura with respect
            to this
            Guarantee and Nomura will use all reasonable efforts to obtain or make
            (and to
            maintain in full force and effect) any that may become necessary after
            the date
            of this Guarantee,
            and (v) this Guarantee constitutes the legal, valid and binding obligation
            of
            Nomura, enforceable against Nomura in accordance with its terms.

          

          6. EXPENSES

          

          Nomura
            will, on five business days’ notice in writing from the Counterparty, indemnify
            and hold harmless the Counterparty for and against all reasonable out-of-pocket
            expenses, including legal fees and Stamp Tax, incurred by the Counterparty
            by
            reason of the enforcement and protection of its rights under this Guarantee,
            including, but not limited to, cost of collection, provided, however,
            that
            Nomura shall not be liable for any expenses of the Counterparty if no
            payment is
            due under this Guarantee. 

          

          7. GOVERNING
            LAW

          

          This
            Guarantee shall be governed by and construed in accordance with the laws
            of the
            State of New York, without giving effect to choice of law doctrine.

          

          8. JURISDICTION

          

          With
            respect to any suit, action or proceedings relating to this Guarantee
            ("Proceedings"), each of Nomura and the Counterparty, by its acceptance
            hereof,
            irrevocably:

          

          (i)
             submits
            to the jurisdiction of the courts of the State of New York and the United
            States
            District Court located in the Borough of Manhattan in New York City.
            

          

          (ii)
              waives
            any objection which it may have at any time to the laying of venue of
            any
            Proceedings brought in any such court, waives any claim that such Proceedings
            have been brought in an inconvenient forum and further waives the right
            to
            object, with respect to such Proceedings, that such court does not have
            jurisdiction over such party; and

          

          (iii)
              waives
            its right to jury trial with respect to any obligation arising under,
            or in
            connection with, this Guarantee.

          

          Nothing
            in this Guarantee precludes either party from bringing Proceedings in
            any other
            jurisdiction nor will the bringing of Proceedings in any one or more
            jurisdictions preclude the bringing of Proceedings in any other
            jurisdiction.

          

          9. AGENT
            FOR SERVICE OF PROCESS

          

          Nomura
            irrevocably appoints Nomura Securities International, Inc., Attention:
            General
            Counsel, 2 World Financial Center, Building B, 18th Floor, New York,
            New York
            10281-1198, to receive, for it and on its behalf, service of process
            in any
            Proceedings. If for any reason Nomura Securities International Inc.,
            is unable
            to act as such, Nomura will promptly notify the Counterparty and within
            30 days
            appoint a substitute process agent acceptable to the Counterparty. Nomura
            irrevocably consents to service of process given in the manner provided
            for
            notices in Section 2 hereof. Nothing in this Guarantee will affect the
            right of
            the Counterparty to serve process in any other manner permitted by
            law.

          

          10. GENERAL

          

          (A) Section
            8
            (Contractual Currency) and Sections 9(a)-(d) and (f)-(g) (Miscellaneous)
            of the
            Agreement shall apply to this Guarantee and Nomura as though references
            in those
            Sections of the Agreement to the “Agreement” were to this Guarantee.

          

          (B)
             Italicized
            terms used but not defined herein have the respective meanings given
            to such
            terms in the Agreement. As used in this Guarantee, the term “business day” means
            a day on which commercial banks and foreign exchange markets settle payments
            both in Tokyo and in the financial center for the settlement
            currency.

          

          IN
            WITNESS WHEREOF, Nomura has executed this Guarantee as of
            [____________________________].

          

          NOMURA
            SECURITIES CO., LTD. 

          
            	 	 	 	 
	
                    By: 

                  	 	 	 
	
                    
                      

                    

                  	 	 	
                  
	
                    Name:

                    Title:

                  	 	 	 

          

           

        

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        X-1

       

      FORM
        OF SERVICING CRITERIA

      

      
        	
                Standard
                  File Layout - Master Servicing 

              
	
                Column
                  Name

              	
                Description

              	
                Decimal

              	
                Format
                  Comment

              	
                Max
                  Size

              
	
                SER_INVESTOR_NBR

              	
                A
                  value assigned by the Servicer to define a group of loans.

              	
                 

              	
                Text
                  up to 10 digits

              	
                20

              
	
                LOAN_NBR

              	
                A
                  unique identifier assigned to each loan by the investor.

              	
                 

              	
                Text
                  up to 10 digits

              	
                10

              
	
                SERVICER_LOAN_NBR

              	
                A
                  unique number assigned to a loan by the Servicer. This may be different
                  than the LOAN_NBR.

              	
                 

              	
                Text
                  up to 10 digits

              	
                10

              
	
                BORROWER_NAME

              	
                The
                  borrower name as received in the file. It is not separated by first
                  and
                  last name.

              	
                 

              	
                Maximum
                  length of 30 (Last, First)

              	
                30

              
	
                SCHED_PAY_AMT

              	
                Scheduled
                  monthly principal and scheduled interest payment that a borrower
                  is
                  expected to pay, P&I constant.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                NOTE_INT_RATE

              	
                The
                  loan interest rate as reported by the Servicer.

              	
                4

              	
                Max
                  length of 6

              	
                6

              
	
                NET_INT_RATE

              	
                The
                  loan gross interest rate less the service fee rate as reported
                  by the
                  Servicer.

              	
                4

              	
                Max
                  length of 6

              	
                6

              
	
                SERV_FEE_RATE

              	
                The
                  servicer's fee rate for a loan as reported by the Servicer.
                  

              	
                4

              	
                Max
                  length of 6

              	
                6

              
	
                SERV_FEE_AMT

              	
                The
                  servicer's fee amount for a loan as reported by the Servicer.
                  

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                NEW_PAY_AMT

              	
                The
                  new loan payment amount as reported by the Servicer. 

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                NEW_LOAN_RATE

              	
                The
                  new loan rate as reported by the Servicer. 

              	
                4

              	
                Max
                  length of 6

              	
                6

              
	
                ARM_INDEX_RATE

              	
                The
                  index the Servicer is using to calculate a forecasted
                  rate.

              	
                4

              	
                Max
                  length of 6

              	
                6

              
	
                ACTL_BEG_PRIN_BAL

              	
                The
                  borrower's actual principal balance at the beginning of the processing
                  cycle.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                ACTL_END_PRIN_BAL

              	
                The
                  borrower's actual principal balance at the end of the processing
                  cycle.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                BORR_NEXT_PAY_DUE_DATE

              	
                The
                  date at the end of processing cycle that the borrower's next payment
                  is
                  due to the Servicer, as reported by Servicer.

              	
                 

              	
                MM/DD/YYYY

              	
                10

              
	
                SERV_CURT_AMT_1

              	
                The
                  first curtailment amount to be applied.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SERV_CURT_DATE_1

              	
                The
                  curtailment date associated with the first curtailment amount.
                  

              	
                 

              	
                MM/DD/YYYY

              	
                10

              
	
                CURT_ADJ_
                  AMT_1

              	
                The
                  curtailment interest on the first curtailment amount, if
                  applicable.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SERV_CURT_AMT_2

              	
                The
                  second curtailment amount to be applied.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SERV_CURT_DATE_2

              	
                The
                  curtailment date associated with the second curtailment
                  amount.

              	
                 

              	
                MM/DD/YYYY

              	
                10

              
	
                CURT_ADJ_
                  AMT_2

              	
                The
                  curtailment interest on the second curtailment amount, if
                  applicable.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SERV_CURT_AMT_3

              	
                The
                  third curtailment amount to be applied.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SERV_CURT_DATE_3

              	
                The
                  curtailment date associated with the third curtailment
                  amount.

              	
                 

              	
                MM/DD/YYYY

              	
                10

              
	
                CURT_ADJ_AMT_3

              	
                The
                  curtailment interest on the third curtailment amount, if
                  applicable.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                PIF_AMT

              	
                The
                  loan "paid in full" amount as reported by the Servicer.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                PIF_DATE

              	
                The
                  paid in full date as reported by the Servicer.

              	
                 

              	
                MM/DD/YYYY

              	
                10

              
	
                 

              	
                 

              	
                 

              	
                Action
                  Code Key: 15=Bankruptcy, 30=Foreclosure, , 60=PIF, 63=Substitution,
                  65=Repurchase,70=REO 

              	
                2

              
	
                ACTION_CODE

              	
                The
                  standard FNMA numeric code used to indicate the default/delinquent
                  status
                  of a particular loan.

              
	
                INT_ADJ_AMT

              	
                The
                  amount of the interest adjustment as reported by the
                  Servicer.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SOLDIER_SAILOR_ADJ_AMT

              	
                The
                  Soldier and Sailor Adjustment amount, if applicable.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                NON_ADV_LOAN_AMT

              	
                The
                  Non Recoverable Loan Amount, if applicable.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                LOAN_LOSS_AMT

              	
                The
                  amount the Servicer is passing as a loss, if applicable.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SCHED_BEG_PRIN_BAL

              	
                The
                  scheduled outstanding principal amount due at the beginning of
                  the cycle
                  date to be passed through to investors.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SCHED_END_PRIN_BAL

              	
                The
                  scheduled principal balance due to investors at the end of a processing
                  cycle.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SCHED_PRIN_AMT

              	
                The
                  scheduled principal amount as reported by the Servicer for the
                  current
                  cycle -- only applicable for Scheduled/Scheduled Loans.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                SCHED_NET_INT

              	
                The
                  scheduled gross interest amount less the service fee amount for
                  the
                  current cycle as reported by the Servicer -- only applicable for
                  Scheduled/Scheduled Loans.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                ACTL_PRIN_AMT

              	
                The
                  actual principal amount collected by the Servicer for the current
                  reporting cycle -- only applicable for Actual/Actual
                  Loans.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                ACTL_NET_INT

              	
                The
                  actual gross interest amount less the service fee amount for the
                  current
                  reporting cycle as reported by the Servicer -- only applicable
                  for
                  Actual/Actual Loans.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                PREPAY_PENALTY_
                  AMT

              	
                The
                  penalty amount received when a borrower prepays on his loan as
                  reported by
                  the Servicer. 

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                PREPAY_PENALTY_
                  WAIVED

              	
                The
                  prepayment penalty amount for the loan waived by the
                  servicer.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              
	
                 

              	
                 

              	
                 

              	
                 

              	
                 

              
	
                MOD_DATE

              	
                The
                  Effective Payment Date of the Modification for the loan.

              	
                 

              	
                MM/DD/YYYY

              	
                10

              
	
                MOD_TYPE

              	
                The
                  Modification Type.

              	
                 

              	
                Varchar
                  - value can be alpha or numeric

              	
                30

              
	
                DELINQ_P&I_ADVANCE_AMT

              	
                The
                  current outstanding principal and interest advances made by
                  Servicer.

              	
                2

              	
                No
                  commas(,) or dollar signs ($)

              	
                11

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Exhibit: Standard
        File Layout - Delinquency Reporting

      

      
        	
                Tab
                  1

              	 	
                Fields
                  for Tab 1

              	 	
                Fields
                  for Tab 2 thru Tab 7

              
	
                Summary

              	 	
                Investor
                  Number

              	 	
                CHL
                  Loan No

              
	 	 	
                Portfolio
                  Balance

              	 	
                Investor
                  No

              
	
                Tab
                  2

              	 	
                Loan
                  Count

              	 	
                Investor
                  Block No

              
	
                Normal
                  Servicing

              	 	
                Delinquencies

              	 	
                Investor
                  Loan No

              
	 	 	
                30

              	 	
                Borrower
                  Name

              
	
                Tab
                  3

              	 	
                60

              	 	
                CoBorrower
                  Name

              
	
                DEL

              	 	
                90

              	 	
                State

              
	 	 	
                120

              	 	
                Original
                  Balance

              
	
                Tab
                  4

              	 	
                120+

              	 	
                Current
                  Balance

              
	
                BK

              	 	
                FC

              	 	
                Escrow
                  Balance

              
	 	 	
                BK

              	 	
                Paid
                  To Date

              
	
                Tab
                  5

              	 	
                WO

              	 	
                No
                  Days Delinquent

              
	
                FC

              	 	
                REO

              	 	
                Next
                  Due Date

              
	 	 	
                Totals

              	 	
                Status

              
	
                Tab
                  6

              	 	 	 	
                Monthly
                  Payment

              
	
                WO

              	 	 	 	
                Delinquent
                  Payment Balance

              
	 	 	 	 	
                First
                  Due Date

              
	
                Tab
                  7

              	 	 	 	
                Date
                  Mortgage Recorded

              
	
                REO

              	 	 	 	
                Lien
                  Position

              
	 	 	 	 	
                Reason
                  for Default

              
	 	 	 	 	
                Property
                  Condition

              
	 	 	 	 	
                Occupancy
                  Status

              
	 	 	 	 	
                Refered
                  to Attorney

              
	 	 	 	 	
                FC
                  Sale Date

              
	 	 	 	 	
                Notice
                  of Default

              
	 	 	 	 	
                1st
                  Legal Action

              
	 	 	 	 	
                BPO
                  Amount

              
	 	 	 	 	
                BPO
                  Dt

              
	 	 	 	 	
                Bankruptcy
                  Case No

              
	 	 	 	 	
                Chapter
                  No

              
	 	 	 	 	
                Discharge
                  Dt

              
	 	 	 	 	
                Proof
                  of Claim Filed

              
	 	 	 	 	
                Motion
                  Filed Dt

              
	 	 	 	 	
                BK
                  Filing Dt

              
	 	 	 	 	
                BK
                  Setup Dt

              
	 	 	 	 	
                Hearing
                  Dt

              
	 	 	 	 	
                Confirmation
                  Dt

              
	 	 	 	 	
                Post
                  Petition Payed to Dt

              
	 	 	 	 	
                Investor
                  Name

              
	 	 	 	 	
                Warning
                  Code

              
	 	 	 	 	
                Lockout
                  Code

              
	 	 	 	 	
                Address

              
	 	 	 	 	
                CityState

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      
        	 	 	 	 	
                ZipCode

              
	 	 	 	 	
                Appraisal
                  Amount

              
	 	 	 	 	
                Appraisal
                  Date

              
	 	 	 	 	
                MI
                  Company

              
	 	 	 	 	
                MI
                  Covereage %

              
	 	 	 	 	
                Original
                  Loan Amount

              
	 	 	 	 	
                Interest
                  Rate

              
	 	 	 	 	
                Servicing
                  Fee

              
	 	 	 	 	
                PI

              
	 	 	 	 	
                Maturity_Date

              
	 	 	 	 	
                Loan
                  Term

              
	 	 	 	 	
                Property
                  Type

              
	 	 	 	 	
                Original
                  Purchase Price

              
	 	 	 	 	
                Purpose
                  of Loan

              
	 	 	 	 	
                Borrower
                  Social Security

              
	 	 	 	 	
                Original
                  FICO

              
	 	 	 	 	
                ARM

              
	 	 	 	 	
                MARGIN

              
	 	 	 	 	
                Arm
                  Index

              
	 	 	 	 	
                ARM
                  Rounding Feature

              
	 	 	 	 	
                Next
                  Interest Rate_Change

              
	 	 	 	 	
                Rate
                  Adjustment Cap

              
	 	 	 	 	
                Lifetime
                  Caps

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

          
          

        

      

      EXHIBIT
        X-2

       

      Exhibit
        2: Standard
        File Codes - Delinquency Reporting

       

      The
        Loss
        Mit Type
        field
        should show the approved Loss Mitigation Code as follows: 

       

      
        	·  	
                ASUM-Approved
                  Assumption

              

      

       

      
        	·  	
                BAP-Borrower
                  Assistance Program

              

      

       

      
        	·  	
                CO-
                  Charge Off

              

      

       

      
        	·  	
                DIL-
                  Deed-in-Lieu

              

      

       

      
        	·  	
                FFA-
                  Formal Forbearance Agreement

              

      

       

      
        	·  	
                MOD-
                  Loan Modification

              

      

       

      
        	·  	
                PRE-
                  Pre-Sale

              

      

       

      
        	·  	
                SS-
                  Short Sale

              

      

       

      
        	·  	
                MISC-Anything
                  else approved by the PMI or Pool
                  Insurer

              

      

       

      NOTE:
        Wells
        Fargo Bank will accept alternative Loss Mitigation Types to those above,
        provided that they are consistent with industry standards. If Loss Mitigation
        Types other than those above are used, the Servicer must supply Wells Fargo
        Bank
        with a description of each of the Loss Mitigation Types prior to sending
        the
        file.

       

      The
        Occupant
        Code
        field
        should show the current status of the property code as follows:

       

      
        	·  	
                Mortgagor

              

      

       

      
        	·  	
                Tenant

              

      

       

      
        	·  	
                Unknown
                  

              

      

       

      
        	·  	
                Vacant

              

      

       

      The
        Property
        Condition
        field
        should show the last reported condition of the property as follows:

       

      
        	·  	
                Damaged

              

      

       

      
        	·  	
                Excellent

              

      

       

      
        	·  	
                Fair

              

      

       

      
        	·  	
                Gone

              

      

       

      
        	·  	
                Good

              

      

       

      
        	·  	
                Poor

              

      

       

      
        	·  	
                Special
                  Hazard

              

      

       

      
        	·  	
                Unknown

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Exhibit
        2: Standard
        File Codes - Delinquency Reporting, Continued

       

      The
        FNMA
        Delinquent Reason Code
        field
        should show the Reason for Delinquency as follows: 

       

      
        	
                Delinquency
                  Code

              	
                Delinquency
                  Description

              
	
                001

              	
                FNMA-Death
                  of principal mortgagor

              
	
                002

              	
                FNMA-Illness
                  of principal mortgagor

              
	
                003

              	
                FNMA-Illness
                  of mortgagor’s family member

              
	
                004

              	
                FNMA-Death
                  of mortgagor’s family member

              
	
                005

              	
                FNMA-Marital
                  difficulties

              
	
                006

              	
                FNMA-Curtailment
                  of income

              
	
                007

              	
                FNMA-Excessive
                  Obligation

              
	
                008

              	
                FNMA-Abandonment
                  of property

              
	
                009

              	
                FNMA-Distant
                  employee transfer

              
	
                011

              	
                FNMA-Property
                  problem

              
	
                012

              	
                FNMA-Inability
                  to sell property

              
	
                013

              	
                FNMA-Inability
                  to rent property

              
	
                014

              	
                FNMA-Military
                  Service

              
	
                015

              	
                FNMA-Other

              
	
                016

              	
                FNMA-Unemployment

              
	
                017

              	
                FNMA-Business
                  failure

              
	
                019

              	
                FNMA-Casualty
                  loss

              
	
                022

              	
                FNMA-Energy
                  environment costs

              
	
                023

              	
                FNMA-Servicing
                  problems

              
	
                026

              	
                FNMA-Payment
                  adjustment

              
	
                027

              	
                FNMA-Payment
                  dispute

              
	
                029

              	
                FNMA-Transfer
                  of ownership pending

              
	
                030

              	
                FNMA-Fraud

              
	
                031

              	
                FNMA-Unable
                  to contact borrower

              
	
                INC

              	
                FNMA-Incarceration

              

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      Exhibit
        2: Standard
        File Codes - Delinquency Reporting, Continued

       

      The
        FNMA
        Delinquent Status Code
        field
        should show the Status of Default as follows: 

      

      
        	
                Status
                  Code

              	
                Status
                  Description

              
	
                09

              	
                Forbearance

              
	
                17

              	
                Pre-foreclosure
                  Sale Closing Plan Accepted

              
	
                24

              	
                Government
                  Seizure

              
	
                26

              	
                Refinance

              
	
                27

              	
                Assumption

              
	
                28

              	
                Modification

              
	
                29

              	
                Charge-Off

              
	
                30

              	
                Third
                  Party Sale

              
	
                31

              	
                Probate

              
	
                32

              	
                Military
                  Indulgence

              
	
                43

              	
                Foreclosure
                  Started

              
	
                44

              	
                Deed-in-Lieu
                  Started

              
	
                49

              	
                Assignment
                  Completed

              
	
                61

              	
                Second
                  Lien Considerations

              
	
                62

              	
                Veteran’s
                  Affairs-No Bid

              
	
                63

              	
                Veteran’s
                  Affairs-Refund

              
	
                64

              	
                Veteran’s
                  Affairs-Buydown

              
	
                65

              	
                Chapter
                  7 Bankruptcy

              
	
                66

              	
                Chapter
                  11 Bankruptcy

              
	
                67

              	
                Chapter
                  13 Bankruptcy

              

      

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      Exhibit
        : Calculation
        of Realized Loss/Gain Form 332- Instruction Sheet

      NOTE:
        Do not net or combine items. Show all expenses individually and all credits
        as
        separate line items. Claim packages are due on the remittance report date.
        Late
        submissions may result in claims not being passed until the following month.
        The
        Servicer is responsible to remit all funds pending loss approval and /or
        resolution of any disputed items. 

      1.  

       

      2.  The
        numbers on the 332 form correspond with the numbers listed below.

       

      Liquidation
        and Acquisition Expenses:

      
         

        
          	 	
                  1.

                	
                  The
                    Actual Unpaid Principal Balance of the Mortgage Loan. For documentation,
                    an Amortization Schedule from date of default through liquidation
                    breaking
                    out the net interest and servicing fees advanced is
                    required.

                

        

         

        
          
            
              	 	
                      2.

                    	
                      The
                        Total Interest Due less the aggregate amount of servicing
                        fee that would
                        have been earned if all delinquent payments had been made
                        as agreed. For
                        documentation, an Amortization Schedule from date of default
                        through
                        liquidation breaking out the net interest and servicing fees
                        advanced is
                        required.

                    

            

             

          

          
            
              
                	 	
                        3.

                      	
                        Accrued
                          Servicing Fees based upon the Scheduled Principal Balance
                          of the Mortgage
                          Loan as calculated on a monthly basis. For documentation,
                          an Amortization
                          Schedule from date of default through liquidation breaking
                          out the net
                          interest and servicing fees advanced is
                          required.

                      

              

              
                 

                
                  
                    
                      	 	
                              4-12.

                            	
                              Complete
                                as applicable. Required
                                documentation:

                            

                    

                        

                  

                

              

            

          

        

      

      *
        For
        taxes and insurance advances - see page 2 of 332 form - breakdown required
        showing period

       

      of
        coverage, base tax, interest, penalty. Advances prior to default require
        evidence of servicer efforts to recover advances.

       

      *
        For
        escrow advances - complete payment history 

       

      (to
        calculate advances from last positive escrow balance forward)

       

      *
        Other
        expenses -  copies of corporate advance history showing all payments

       

      *
        REO
        repairs > $1500 require explanation

       

      *
        REO
        repairs >$3000 require evidence of at least 2 bids.

       

      *
        Short
        Sale or Charge Off require P&L supporting the decision and
        WFB’s approved Officer Certificate 

       

      *
        Unusual
        or extraordinary items may require further documentation. 

      
        
           

          
            
              
                	 	
                        13.

                      	
                        The
                          total of lines 1 through
                          12.

                      

              

                  

            

          

        

      

      3.     
          Credits:
        

      
        
           

          
            
              
                	 	
                        14-21.

                      	
                        Complete
                          as applicable. Required
                          documentation:

                      

              

                  

            

          

        

      

      *
        Copy of
        the HUD 1 from the REO sale. If a 3rd
        Party
        Sale, bid instructions and Escrow
        Agent / Attorney

       

      Letter
        of
        Proceeds
        Breakdown.

       

      *
        Copy of
        EOB for any MI or gov't guarantee 

       

      *
        All
        other credits need to be clearly defined on the 332
        form      
     

       

      
        	 	
                22.

              	
                The
                  total of lines 14 through 21.

              

      

       

      Please
        Note: For
        HUD/VA loans, use line (18a) for Part A/Initial proceeds and line (18b) for
        Part
        B/Supplemental proceeds.

       

      Total
        Realized Loss (or Amount of Any Gain)

      
         

        
          	 	
                  23.

                	
                  The
                    total derived from subtracting line 22 from 13. If the amount
                    represents a
                    realized gain, show
                    the amount in parenthesis ( ).

                

        

         

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Exhibit
        3A: Calculation
        of Realized Loss/Gain Form 332

       

      Prepared
        by: __________________   Date:
        _______________

      Phone:
        ______________________ Email Address:_____________________

       

      
        	
                Servicer
                  Loan No.

              	
                 

              	
                Servicer
                  Name

              	
                 

              	
                Servicer
                  Address 

                 

              

      

       

       

      WELLS
        FARGO BANK, N.A. Loan No._____________________________

       

      Borrower's
        Name: _________________________________________________________

      Property
        Address: _________________________________________________________

       

      Liquidation
        Type: REO Sale  
        3rd
        Party Sale  Short
        Sale Charge
        Off 

       

      Was
        this loan granted a Bankruptcy deficiency or cramdown  Yes 
        No

      If
“Yes”,
        provide deficiency or cramdown amount
        _______________________________

       

      
        
          
            Liquidation
              and Acquisition Expenses:

          

          

            
              	
                      (1)

                    	
                      Actual
                        Unpaid Principal Balance of Mortgage Loan

                    	
                       

                    	$	 	
                      (1)

                    
	
                      (2)

                    	
                      Interest
                        accrued at Net Rate

                    	 	
                       

                    	 	
                      (2)

                    
	
                      (3)

                    	
                      Accrued
                        Servicing Fees

                    	 	
                       

                    	 	
                      (3)

                    
	
                      (4)

                    	
                      Attorney's
                        Fees

                    	 	
                       

                    	 	
                      (4)

                    
	
                      (5)

                    	
                      Taxes
                        (see page 2)

                    	 	
                       

                    	 	
                      (5)

                    
	
                      (6)

                    	
                      Property
                        Maintenance

                    	 	 	 	
                       

                    	 	
                      (6)

                    
	
                      (7)

                    	
                      MI/Hazard
                        Insurance Premiums (see page 2)

                    	
                       

                    	 	 	
                      (7)

                    
	
                      (8)

                    	
                      Utility
                        Expenses

                    	 	 	 	
                       

                    	 	
                      (8)

                    
	
                      (9)

                    	
                      Appraisal/BPO

                    	 	 	 	
                       

                    	 	
                      (9)

                    
	
                      (10)

                    	
                      Property
                        Inspections

                    	 	 	 	
                       

                    	 	
                      (10)

                    
	
                      (11)

                    	
                      FC
                        Costs/Other Legal Expenses

                    	 	 	 	
                      (11)

                    
	
                      (12)

                    	
                      Other
                        (itemize)

                    	 	 	 	
                       

                    	 	
                      (12)

                    
	 	 	
                      Cash
                        for Keys

                    	 	
                       

                    	 	 	
                      (12)

                    
	 	 	
                      HOA/Condo
                        Fees

                    	 	
                       

                    	 	 	
                      (12)

                    
	 	 	
                       

                    	 	
                       

                    	 	 	
                      (12)

                    
	 	 	 	 	 	 	 	 
	 	 	
                      Total
                        Expenses

                    	 	 	$	 	
                      
                        (13)

                      

                    
	
                      Credits:

                    	 	 	 	 	 	 	 
	
                      (14)

                    	
                      Escrow
                        Balance

                    	 	 	 	
                      $
                        

                    	 	
                      (14)

                    
	
                      (15)

                    	
                      HIP
                        Refund

                    	 	 	 	 	 	
                      
                        (15)

                      

                    
	
                      (16)

                    	
                      Rental
                        Receipts

                    	 	 	 	
                       

                    	 	
                      (16)

                    
	
                      (17)

                    	
                      Hazard
                        Loss Proceeds

                    	 	 	 	
                       

                    	 	
                      (17)

                    
	
                      (18)

                    	
                      Primary
                        Mortgage Insurance / Gov’t Insurance

                    	
                       

                    	 	 	(18a)

	
                      HUD
                        Part A

                    	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	
                      HUD
                        Part B

                    	 	 	 	 	 	(18b)
	
                      (19)

                    	
                      Pool
                        Insurance Proceeds

                    	 	 	 	
                       

                    	 	
                      (19)

                    
	
                      (20)

                    	
                      Proceeds
                        from Sale of Acquired Property

                    	
                       

                    	 	 	
                      (20)

                    
	
                      (21)

                    	
                      Other
                        (itemize)

                    	 	 	 	
                       

                    	 	
                      (21)

                    
	 	
                       

                    	 	
                       

                    	
                       

                    	 	 	
                      (21)

                    
	 	 	 	 	 	 	 	 
	 	
                      Total
                        Credits

                    	 	 	 	
                      $

                    	 	
                      (22)

                    
	
                      Total
                        Realized Loss (or Amount of Gain)

                    	
                       

                    	
                       

                    	
                      $

                    	 	
                      (23)

                    

            

          

        

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Escrow
        Disbursement Detail

      

      

      
        	
                Type

                (Tax
                  /Ins.)

              	
                Date
                  Paid

              	
                Period
                  of Coverage

              	
                Total
                  Paid

              	
                Base
                  Amount

              	
                Penalties

              	
                Interest

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}]]